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China Morning Snapshot – 18 February 2025
18 Feb 2025 Sellers maintained firm offers, buoyed by the strength in futures, yet continued to seek clearer signs of a demand-driven recovery. Over the past several trading days, sources noted an uptick in need-based purchases
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18 Feb 2025

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18 February 2025 - Shenhua's coal-based PP and PE Auction Results

Despite a CNY 90/ton increase in LLDPE auction prices, buying interest remained resilient, driven by renewed demand from the agricultural film sector. Manufacturers in this segment are progressively ramping up operating rates
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17 Feb 2025

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Indonesian major raises local HDPE film offers, other grades unchanged amid weak demand

Recent disruptions across Southeast Asian PE plants have exacerbated supply constraints. On the demand side, Indonesian buyers have been selectively purchasing PP and PE cargoes from local sources due to concerns over supply constraints and unfavourable exchange rates, which have eroded the competitiveness of imports.
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17 Feb 2025

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China Morning Snapshot – 17 February 2025

Despite firm trends on the Dalian Commodity Exchange, domestic suppliers maintained a cautious approach in setting spot PP and PE offers, leaving prices largely unchanged from the previous session.
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17 Feb 2025

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17 February 2025 - Shenhua's coal-based PP and PE Auction Results

The Shenhua Auction Platform concluded the week’s first trading session on a firm footing, bolstered by resilient futures performance on the Dalian Commodity Exchange. Despite this strength, the coal-based producer introduced a CNY 10/ton discount on PP and LLDPE cargoes
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13 Feb 2025

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China Morning Snapshot – 13 February 2025

The downturn on the Dalian Commodity Exchange dampened spot market sentiment, leading to stable-to-softer PP and PE offers. However, buying interest weakened noticeably, as participants adopted a more cautious stance
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13 Feb 2025

insight

13 February 2025 - Shenhua's coal-based PP and PE Auction Results

Shenhua concluded today’s auction session with uneven results as attempts to raise prices were undermined by weaker futures performance on the Dalian Commodity Exchange.
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12 Feb 2025

insight

China Morning Snapshot – 12 February 2025

Against the backdrop of strengthening futures and improved transaction volumes from the previous day, Chinese suppliers implemented a modest CNY 50/ton increase on spot LLDPE film
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