21 Oct 2025
In the physical market, some sellers offered CNY 50/ton discounts on LLDPE early in the session to stimulate demand amid weaker futures, though overall buying interest remained limited.
20 Oct 2025
Shenhua’s first auction session of the week ended on a strong note, aided by a rebound in Dalian Commodity Exchange futures and a more flexible pricing strategy from the coal-based producer.
According to market sources, the downward adjustments were widely anticipated given the persistent influx of lower-priced material from the US
In response to the firmer sentiment on the Dalian Commodity Exchange, Chinese suppliers held spot PP and PE offers largely steady, with modest upward adjustments of up to CNY 50/ton
17 Oct 2025
Trading sentiment on Shenhua’s auction platform cooled noticeably on Friday as both PP and LLDPE futures on the Dalian Commodity Exchange reversed Thursday’s rebound.
When factoring in logistics and other associated costs, exports at current levels would incur financial losses for Chinese producers.
Despite the sharp inventory reduction, trading activity remained muted. The softer futures market prompted a few local sellers to extend small discounts
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