Sep 14, 2025 12:26 a.m.
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News Insight & Analysis

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China Morning Snapshot – 30 June 2025
30 Jun 2025 The weakening key futures contracts on the Dalian Commodity Exchange coupled with the routine month-end closing weighed heavily on the domestic spot market.
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27 Jun 2025

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Shenhua Auction: Sell-through rates for PP eroded on price hikes

Shenhua's auction results revealed buyers’ selective appetite under a market clouded by uncertainty. The sell-through rate for coal-based homo-PP fell to just above 77%,
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27 Jun 2025

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China Morning Snapshot – 27 June 2025

The uptrend added further strength to sentiment ahead of the weekend, though spot markets continued to lag behind.
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26 Jun 2025

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Taiwanese major down-adjusted July PVC offers to Asia amid poor market responses

In an uncharacteristic move, a key Taiwanese PVC producer has revised down its July shipment offers to Asia by $20/ton, just two days after announcing initial increases.
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26 Jun 2025

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Shenhua Auction: Higher deal volumes on price flexibility, but market sentiment stays tepid

Shenhua saw a marked improvement in deal volumes this session, driven by a more aggressive pricing strategy and firmer cues from the futures market. PPH yarn posted an 80% deal rate, while HDPE film achieved a near sell-out.
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26 Jun 2025

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China Morning Snapshot – 26 June 2025

Despite the uptick in futures, spot trading sentiment remained subdued. Sellers maintained a softer tone on PP and PE offers
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25 Jun 2025

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Shenhua Auction: Lower prices stimulate modest need-based buying

Despite weakening trends in key polyolefin futures contracts on the Dalian Commodity Exchange, Shenhua succeeded in improving deal volumes by lowering auction starting prices across major product lines.
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25 Jun 2025

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Shandong Yulong Auction: Zero deals as buyers reject unattractive offers amid market weakness

Shandong Yulong’s latest auction concluded with no successful transactions across all PP and PE grades, marking a complete sell-through failure as bearish sentiment gripped the Chinese market.
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