Chinese LDPE film market snapped a three-week rally; supply concerns may cap losses

08 Jul 2025 Despite lingering concerns over availability, the recent price correction has yet to stimulate restocking activity, as buyers remain preoccupied with macroeconomic headwinds and weak downstream demand.

08 Jul 2025

China Morning Snapshot – 08 July 2025

The market remained cautious in the wake of the US government’s tariff announcement targeting 14 trading partners, fuelling concerns over global economic headwinds.

07 Jul 2025

Shenhua Auction: Bearish market mood weighs on PP and PE deals

The CNY 50/ton markdown for homo-PP failed to spark stronger buying interest, suggesting that price corrections alone are insufficient to offset growing demand-side concerns.

07 Jul 2025

China Morning Snapshot – 07 July 2025

The persistent bearish sentiment on the Dalian Commodity Exchange has cast a shadow over the domestic spot market, with buyers refraining from fresh purchases amid growing uncertainty.

05 Jul 2025

Indonesian major slashes local PP, PE offers amid mounting market pressure

The unexpected price cuts have intensified bearish sentiment in the local market, as participants brace for deeper corrections in the weeks ahead

04 Jul 2025

Shenhua Auction: Sell-throughs remained robust ahead despite market headwinds

The auction results demonstrated steady demand despite weaker futures performance, with Shenhua opting to keep most auction prices flat compared to earlier sessions.

04 Jul 2025

China Morning Snapshot – 04 July 2025

The market remains on edge as traders gauge the impact of US policy moves, but a clear divergence in sentiment is emerging between the PP and PE sectors.

03 Jul 2025

Vietnam VAT cut triggers downward price adjustments in local PP, PE markets

Initial confusion surrounded the policy’s scope, but subsequent clarifications confirmed that polyolefins are eligible for the reduced VAT rate. Local suppliers responded promptly by trimming offers for both PP and PE

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