China Morning Snapshot – 16 April 2025

16 Apr 2025 Sellers responded to the futures market’s second consecutive day of losses by implementing CNY50/ton concessions. However, buyers refrained from committing to large purchases

16 Apr 2025 SPVC k67-68 SPVC (A) k67-68

Asian PVC outlook dented by mounting economic headwinds

As key global suppliers prepare to announce May PVC shipment offers, market participants across Asia are turning their attention to the months ahead, gauging potential trends in light of a turbulent global trade environment.

15 Apr 2025

Shenhua Auction: Sell-through rates diverge on early futures movements

The Shenhua Auction Platform recorded mixed results, reflecting early-session fluctuations on the Dalian Commodity Exchange. However, buyer caution intensified as the auction progressed

15 Apr 2025 GPPS Inj HIPS Inj

Chinese GPPS breached below $1100/ton in Vietnam on sluggish demand

The Vietnamese PS market continued its downward trajectory this week, with Chinese-origin general-purpose grade breaching the psychologically significant $1100/ton threshold.

15 Apr 2025

China Morning Snapshot – 15 April 2025

Trading activity remained subdued, reflecting the absence of many market participants for the overlapping ChinaPlas and Canton Fair exhibitions. The impact of these events on the demand remained

14 Apr 2025

Shenhua Auction: Sales climbed as futures uptick signalled tentative market stabilisation

The Shenhua Auction Platform concluded the session on a stronger footing compared to the previous session, buoyed by a morning rebound on the Dalian Commodity Exchange.

14 Apr 2025

Shandong Yulong Auction: Buyers pushed back against steeper price hikes as macroeconomic uncertainties persisted

Shandong Yulong opened its latest auction session on a firmer note, supported by a three-day rebound on the Dalian Commodity Exchange.

14 Apr 2025 LL C4 Film

Saudi LLDPE film tumbled below $900/ton – Chinese buyers cautiously proceed with new purchases

The aggressive pricing strategy appears to have paid off, as it successfully coaxed back a segment of previously hesitant Chinese buyers who had been steering clear of USD-denominated imports.

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