14 Jul 2025
Shenhua Baotou Coal Chemical Co., China’s largest coal-based petrochemical producer, concluded its auction session on 14 July 2025 with notable performance in select grades
The continued weakness in the futures market prompted domestic suppliers to adopt a more flexible pricing strategy in the spot segment.
11 Jul 2025
Trading sentiment in the domestic spot market weakened notably from the previous session. The downturn in futures prices prompted many buyers to retreat to the sidelines
09 Jul 2025
Buyers have since been pressing suppliers to reflect the revised tax rate in their pricing—even for inventory purchased under the previous VAT regime.
Trading sentiment on the Shenhua Auction Platform showed a visible uptick from the previous session, supported by a CNY 100/ton reduction in homo-PP auction prices and stronger performance on the Dalian Commodity Exchange.
Despite the rebound in futures trading and the drawdown in producer inventories, the domestic spot market remained largely static.
08 Jul 2025
The price adjustment helped stimulate higher deal volumes for key grades like PPH yarn and LLDPE film, though HDPE continued to see zero takers.
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