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News Insight & Analysis

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China Morning Snapshot – 01 April 2025
01 Apr 2025 With China set to observe the Tomb Sweeping Festival from 4–6 April, the shortened trading week adds another layer of caution to market activity. Even with a series of scheduled maintenance turnarounds and unexpected plant shutdowns in April
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30 Mar 2025

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Shenhua Auction: March concluded on a stronger note for Shenhua despite futures market weakness

In a bid to stimulate buying interest, the coal-based producer applied discounts of CNY 40/ton on LLDPE transactions and CNY 70/ton on homo-PP, with cargoes priced at the higher end of the range seeing the greatest price adjustments.
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30 Mar 2025

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Shandong Yulong Auction: Diverging sentiment as LLDPE faced pessimism, PP saw steady demand

Trading activity on the Shandong Yulong auction platform remained mixed on the final trading day of March, with PP securing healthy transactions while LLDPE lagged behind.
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30 Mar 2025 SPVC k67-68 SPVC (A) k67-68

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Chinese PVC market climbs on active buying, sellers eye further support

Domestically, market sources reported a notable uptick in trading sentiment, though most transactions were concluded at the lower end of the price spectrum. The last instance of such robust restocking enthusiasm among Chinese buyers was in late December 2024, when spot prices hit historic lows.
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30 Mar 2025 PET Bottle

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Chinese PET bottle market steadied to stronger as rising upstream costs provided support

While Chinese PET bottle suppliers have the upper hand in steering the near-term market direction, buyers prefer to maintain a conservative stance toward the demand outlook.
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30 Mar 2025

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China Morning Snapshot – 31 March 2025

While local traders have largely depleted their March allocations, concerns are mounting over fresh supply pressures, particularly with the upcoming Tomb Sweeping holiday from 4–6 April.
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28 Mar 2025

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Shenhua Auction: LLDPE sales jumped as buyers returned for discounted cargo

While the Shenhua Auction Platform recorded an improvement in uptake rates, sentiments remained restrained, especially as the Dalian Commodity Exchange posted a gradual decline throughout the morning session.
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28 Mar 2025

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Shandong Yulong Auction: LLDPE sales continued to lag behind homo-PP yarn as auction prices diverged

Shandong Yulong’s auction platform recorded divergent uptake rates, underscoring the persistent underperformance of LLDPE relative to PP. This disparity was further reflected in the Dalian Commodity Exchange
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