11 Jun 2025
Buyer resistance emerged clearly in response to higher offer levels, and some market participants were reportedly diverted by the return of the Shandong Yulong Auction session
Shandong Yulong resumed online auctions after a brief suspension; however, despite firmer futures prices on the Dalian Commodity Exchange and a relatively modest auction volume
Following a brief period of stabilisation, a major Indonesian producer has increased its local PE offers moderately while keeping most PP prices unchanged, with the exception of PP block copolymer.
Spot LLDPE film offers posted a modest gain of CNY 50/ton compared to the previous day, while homo-PP prices remained largely unchanged.
10 Jun 2025
Trading sentiment on the Shenhua Auction Platform remained firm during the second trading session of the week, driven by robust performance in futures contracts on the Dalian Commodity Exchange and rising energy costs.
Trading sentiment in the domestic PP and PE markets showed marked improvement compared to earlier sessions, supported by replenishment activity
09 Jun 2025
In the absence of supply from Shandong Yulong, which did not hold its usual auction, Chinese buyers returned to the Shenhua platform to fulfil immediate procurement requirements.
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