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

05 Jul 2025 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

03 Jul 2025

Shenhua Auction: Sell-through rates rebounded on stronger futures

Buoyed by the ongoing strength in Dalian Commodity Exchange futures, Chinese buyers exhibited renewed confidence, pushing Shenhua’s overall sell-through rate markedly higher compared to previous sessions.

03 Jul 2025

Shandong Yulong Auction: Discounted prices stimulate cautious buying

Shandong Yulong’s latest online auction session concluded with a marked uptick in deal volumes, underpinned by more competitive pricing and stabilising futures sentiment.