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News Insight & Analysis

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Statistics: China’s PP output and exports tumbled in September while imports surged to seven-month high
21 Oct 2025 The decline was largely attributed to a combination of planned and unplanned plant shutdowns, as producers curtailed operations amid mounting margin pressure and persistently weak downstream demand.
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21 Oct 2025

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Shenhua Auction: PP outperforms LLDPE while market remains cautious

Despite today’s LLDPE film auction being offered around CNY150/ton lower than Monday, the reduced prices failed to spur meaningful buying interest
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21 Oct 2025

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Shandong Yulong Auction: Softer PE prices stimulate limited buying; PP sentiment weakens

Shandong Yulong’s latest polyolefin auction on 21 October showed diverging results between PP and PE, as PE continued to attract limited but improved buying interest while PP demand remained stagnant.
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21 Oct 2025

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Indonesian major cuts weekly HDPE prices, holds other grades steady

As reported earlier, PE supply in Indonesia’s distribution market has improved markedly in recent weeks, following the arrival of previously booked Malaysian and Vietnamese cargoes.
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21 Oct 2025

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China Morning Snapshot – 21 October 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.
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20 Oct 2025

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Shenhua Auction: Sell-through rates rebounded on lower prices, sustainability in question

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.
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20 Oct 2025

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Saudi major slashes November PE offers to Vietnam under intensifying pressure

According to market sources, the downward adjustments were widely anticipated given the persistent influx of lower-priced material from the US
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20 Oct 2025

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China Morning Snapshot – 20 October 2025

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
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