14 Jan 2025 SPVC k67-68
Initial responses from India are lukewarm, market sources said. Buyers here have been selectively procuring competitive Chinese materials over the past weeks despite having yet to receive confirmations on the anti-dumping investigation from relevant authorities.
14 Jan 2025 LD Film
14 Jan 2025
14 Jan 2025
The Shenhua Auction Platform displayed divergent trading dynamics, with homo-PP garnering relatively robust demand, buoyed by resilience in the futures market. Despite a CNY 50/ton increase in auction prices, buying interest for homo-PP remained strong,
13 Jan 2025
A major Saudi Arabian producer has announced new PE offers for February shipments to Vietnam with a $20/ton increase compared to January. The price adjustment comes amid tightened supply attributed to a recent production issue.
13 Jan 2025
From the supplier's perspective, rising upstream costs and a weak Rupiah against the US dollar have significantly driven up production expenses. For naphtha-based producers, the inability to pass these additional costs on to buyers presents a serious challenge to long-term financial sustainability.
13 Jan 2025
Despite the firming futures market, sentiment in the domestic spot market remained mixed, with LLDPE film extending a downward correction. Spot LLDPE film offers fell by another CNY 50-100/ton, weighed by new supply from Shandong Yulong Petrochemical’s new million-ton-per-annum swing facilities entered the market.
