Jan 09, 2025 5:54 a.m.

China Morning Snapshot – 07 January 2025

Spot LLDPE film prices currently command an average premium of CNY 1,147/ton ($157/ton) over key contracts on the Dalian Commodity Exchange, a disparity that has sparked sharp criticism from local traders. Many argue that the recent plunge in futures prices may have been excessive, reflecting an overcorrection rather than market fundamentals.

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