Sep 13, 2025 11:09 p.m.
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China Morning Snapshot – 02 July 2025
02 Jul 2025 The uptick followed a fresh government directive aimed at steering industrial players toward higher product quality and phasing out outdated production capacity—a move seen as a step toward long-term structural reform in the sector.
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01 Jul 2025

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Shenhua Auction: Pessimism persists as July opens with weak buying appetite

The discounts were not enough to offset prevailing market pessimism, particularly as Dalian Commodity Exchange futures continued to trend lower, reinforcing a bearish sentiment.
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01 Jul 2025

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Shandong Yulong Auction: Muted bidding as buyers resist uncompetitive offers

Shandong Yulong Petrochemical struggled to draw meaningful buying interest at its latest auction held this morning, 1 July 2025, as a firm pricing stance clashed with a weakening market.
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01 Jul 2025

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Malaysian producer hikes July PP, PE offers amid market upheaval and regulation shifts

The hikes, though anticipated, landed amid a period of regulatory flux and cautious market behaviour, leading to slow initial responses.
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01 Jul 2025

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Indonesian producer rolled over PP, PE offers amid dimming buying interest

Early reactions to the producer’s latest price list have been muted, with many participants calling current levels unworkable in light of prevailing sluggish market sentiment.
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01 Jul 2025

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China Morning Snapshot – 01 July 2025

Despite spot discounts of CNY 50/ton, trading sentiment remains muted. Buyers continue to adopt a wait-and-see approach, reluctant to commit
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30 Jun 2025

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Shenhua Auction: Sluggish PP bids underscore deepening price sensitivity

This uptick met immediate buyer resistance, with traders citing subdued downstream demand and pressure from the Dalian Commodity Exchange as key deterrents.
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30 Jun 2025

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Saudi Aramco cuts July LPG, extending downtrend for third straight month

The move reflects lower geopolitical risks in the Middle East and a revival in US-China propane trade, both of which have eased upward price pressures.
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