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News Insight & Analysis

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Chinese PVC market slumped to historic lows as trade tensions flare, reactions split
12 Apr 2025 Domestically, spot prices for carbide-based PVC recorded steeper declines, while ethylene-based PVC suppliers adopted a more cautious approach, supported by still-firm upstream costs. Although the pronounced price drop drew some traders back to the market
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11 Apr 2025

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Shenhua Auction: LLDPE sales softened as futures rally stagnated, but PP demand held firm

Sentiment on the Shenhua Auction Platform turned more cautious as the rebound on the Dalian Commodity Exchange lost momentum from the previous session. This led to a decline in LLDPE procurements
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11 Apr 2025

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Shandong Yulong Auction: Sales performance split on divergent spot market signals

Shandong Yulong raised auction prices for homo-PP yarn and LLDPE across all delivery terms, responding to the full clearance recorded in both segments during the previous session.
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11 Apr 2025

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China Morning Snapshot – 11 April 2025

Renewed concerns over global trade tensions overshadowed the uptick in futures, prompting more cautious procurements in the spot market.
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10 Apr 2025

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Weak outlook dulls buying interest as Malaysian LDPE offers hold steady for May in Vietnam

Trading sentiment in Vietnam's petrochemical market has remained subdued over the past week, following the US government's imposition of a 46% reciprocal tariff on Vietnamese imports.
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10 Apr 2025

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Shenhua Auction: Shenhua Auction saw uptake surge after reciprocal tariffs on most nations stalled

The Shenhua Auction Platform recorded a sharp pickup in participation, driven by an abrupt improvement in sentiment across the crude oil and futures markets. The shift followed the US government’s surprise 90-day suspension
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10 Apr 2025

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Shandong Yulong Auction: Sales spiked following several volatile trading days

Shandong Yulong’s latest auction concluded with solid results across PP and LLDPE film segments, mirroring signs of a cautious recovery in both spot and futures trade.
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10 Apr 2025

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China Morning Snapshot – 10 April 2025

In the domestic spot market, trading sentiment improved slightly, underpinned by firmer crude oil and futures values. Nevertheless, the overall recovery appeared tentative
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