With major futures contracts on the Dalian Commodity Exchange regaining momentum, Shenhua maintained auction prices for all available grades unchanged from the previous session. However, transactions were finalized at CNY 20–40/ton lower,
Shandong Yulong concluded today’s auction with unexpectedly strong purchasing activity despite higher price levels. Market participants attributed the robust demand to buyers' strategic efforts to establish relationships with the new supplier
Despite government pledges to introduce new economic stimulus policies in 2025, key PVC futures contracts on the Dalian Commodity Exchange remained under pressure, dragging down sentiment in the spot market.