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News Insight & Analysis

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Indonesian traders slash local PP, PE prices as market mood sours, currency swings
14 Apr 2025 Key Indonesian trading houses have taken a divergent path from the steady pricing stance of a major domestic producer, opting instead to sharply reduce PP and PE offers at the start of the week.
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14 Apr 2025

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China Morning Snapshot – 14 April 2025

The futures rebound enabled spot sellers to begin the week with stable offers. However, following days of volatile macroeconomic sentiment and abrupt trade policy changes
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12 Apr 2025

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Sellers reroute PE parcels from China to Vietnam as trade war bites

The PE sector has emerged as one of the most acutely impacted, with suppliers rushing to reroute cargoes originally destined for China’s major ports.
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12 Apr 2025

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Chinese PVC market slumped to historic lows as trade tensions flare, reactions split

Domestically, spot prices for carbide-based PVC recorded steeper declines, while ethylene-based PVC suppliers adopted a more cautious approach, supported by still-firm upstream costs. Although the pronounced price drop drew some traders back to the market
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11 Apr 2025

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Shenhua Auction: LLDPE sales softened as futures rally stagnated, but PP demand held firm

Sentiment on the Shenhua Auction Platform turned more cautious as the rebound on the Dalian Commodity Exchange lost momentum from the previous session. This led to a decline in LLDPE procurements
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11 Apr 2025

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Shandong Yulong Auction: Sales performance split on divergent spot market signals

Shandong Yulong raised auction prices for homo-PP yarn and LLDPE across all delivery terms, responding to the full clearance recorded in both segments during the previous session.
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11 Apr 2025

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China Morning Snapshot – 11 April 2025

Renewed concerns over global trade tensions overshadowed the uptick in futures, prompting more cautious procurements in the spot market.
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10 Apr 2025

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Weak outlook dulls buying interest as Malaysian LDPE offers hold steady for May in Vietnam

Trading sentiment in Vietnam's petrochemical market has remained subdued over the past week, following the US government's imposition of a 46% reciprocal tariff on Vietnamese imports.
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