03 Mar 2025 SPVC k67-68
Chinese officials are set to convene on 4-5 March 2025 in Beijing for the annual Two Sessions Meeting, where the economic framework for the year will be outlined. Industry analysts, as reported by Bloomberg, anticipate that the government will set a growth target of approximately 5%.
03 Mar 2025 LL C4 Film
Similarly, international suppliers have attempted to push import offers higher in China, citing limited supply. However, acceptance has been weak due to the sharp rise in local availability following the commissioning of several new plants since November 2024.
03 Mar 2025
Despite the Dalian Commodity Exchange’s relative strength, spot sellers kept offers stable-to-softer, citing buyer-side resistance toward firmer levels. Market participants expressed caution over the futures market’s upturn, citing concerns over its sustainability.
03 Mar 2025
The Shenhua Auction Platform commenced the month’s trading with more competitive offers, diverging from the firmer trends observed on the Dalian Commodity Exchange. The producer’s strategy appeared aimed at sustaining purchasing momentum, particularly as allocations for both grades increased.
28 Feb 2025
28 Feb 2025
Indonesia’s local PP and PE markets rebounded sharply as a major domestic producer reversed its earlier decision to maintain stable spot offers, implementing a substantial increase of IDR 330,000/ton ($20/ton) across most grades.
28 Feb 2025
