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China Morning Snapshot – 23 January 2025
23 Jan 2025 Trading sentiment in the domestic spot market has notably weakened. Many trading houses nationwide operated on half-day schedules today, signalling reduced market activity and potential for subdued discussions in upcoming sessions.
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23 Jan 2025

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23 January 2025 - Shenhua's coal-based PP and PE Auction Results

Shenhua has reportedly exhausted its January auction allocation, leaving only 900 tons of coal-based LLDPE film cargoes available. However, no transactions have been recorded for these volumes.
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22 Jan 2025 LL C4 Film

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Vietnamese buyers accepted higher LLDPE film prices amid curtailing availability

According to a notification from the producer to Vietnamese customers, four LLDPE production lines at its petrochemical complexes in Saudi Arabia have been taken offline due to technical issues, with no specified timeline for resumption.
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22 Jan 2025

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China Morning Snapshot – 22 January 2025

Despite the absence of significant inventory pressure, suppliers adjusted their spot offers downward in response to the softening futures market. Trading volumes, however, continued to decline
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21 Jan 2025 PPH Raf

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Vietnamese homo-PP buyers cautiously push pre-holiday rush, lifting market sentiment

Trading activity in the Vietnamese homo-PP market gained momentum in the days leading up to the Lunar New Year holiday, which runs from January 25 to February 3, 2025. Buyers cautiously resumed last-minute restocking, spurred by the availability of competitively priced parcels
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21 Jan 2025 HD Film LD Film LL C4 Film

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Survey: Weak pre-Lunar New Year stocking in China may spur post-holiday buying surge in PE sector

CommoPlast and its affiliates conducted a survey involving 150 Chinese converters in the agricultural film and PE packaging sector during the week ending 17 January 2025. The objective was to assess the holiday duration among these buyers and establish a foundational understanding of pre- and post-holiday replenishment trends.
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21 Jan 2025

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China Morning Snapshot – 21 January 2025

Despite manageable inventory pressure and a modest recovery in the futures market, trading sentiment in the domestic spot market remained subdued. Optimism for a meaningful uptick in procurement activity has significantly worn thin.
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21 Jan 2025

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21 January 2025 - Shenhua's coal-based PP and PE Auction Results

Trading sentiment on the Shenhua Auction Platform displayed significant divergence, with lacklustre interest in LLDPE parcels despite a sharp reduction in auction volumes. The coal-based producer struggled to offload inventory, managing to sell less than 30%
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