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Chinese LDPE film market surges amid Middle East supply concerns
18 Jun 2025 The rally, largely fuelled by fears of potential supply disruptions from Iran—a key supplier—has so far been met with a restrained demand-side response.
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18 Jun 2025

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China Morning Snapshot – 18 June 2025

In the domestic spot market, prices moved in tandem with the firming Dalian futures, though sellers maintained a cautious stance, lifting PP and PE offers by a modest CNY 50/ton.
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17 Jun 2025

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Shenhua Auction: Sell-through rates dipped as buyers resisted higher price levels

Trading sentiment on the Shenhua Auction Platform showed signs of softening, particularly in the homo-PP segment, as buyers adopted a more cautious stance amid growing uncertainty
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17 Jun 2025

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Shandong Yulong Auction: Producer sets fixed biweekly schedule; buyers adopt selective stance

The move brings greater predictability to the platform and is widely seen as a step toward stabilising its market engagement.
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17 Jun 2025

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Malaysian major slashed July PE offers to Vietnam, defies upstream surge

Negotiations remain underway at the time of reporting, with buying ideas for LDPE film surfacing below the $1,100/ton threshold.
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17 Jun 2025

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Indonesian producer sharply lifted local PP, PE offers amid rising upstream costs

While the upward adjustments were largely anticipated, local buyers remained cautious, choosing to monitor the geopolitical developments in the Middle East before committing to fresh purchases.
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17 Jun 2025

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China Morning Snapshot – 17 June 2025

Despite the continued gains in futures contracts and a steady drawdown in producer inventories, sentiment in the domestic spot market remained cautious.
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16 Jun 2025

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Shenhua Auction: Middle East tensions lend support to off-take rates

Shenhua kicked off the week’s first trading session on a firm footing, buoyed by sustained strength in key futures contracts on the Dalian Commodity Exchange.
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