03 Jun 2025
In addition, subdued petrochemical margins across Asia continue to dampen buying appetite, particularly among propane dehydrogenation (PDH) operators and other downstream users.
03 Jun 2025 SPVC k67-68
Prior to the announcement, market players had anticipated a more modest adjustment of $10–20/ton, largely in line with the pricing strategy of a key Taiwanese supplier.
A post-holiday stock build was widely anticipated; however, the scale of the increase caught many off guard.
This sharper-than-expected inventory build weighed heavily on market sentiment, overshadowing the moderate recovery in futures.
02 Jun 2025
A discernible slowdown in purchasing appetite, compounded by escalating external uncertainties, is increasingly weighing on market sentiment.
30 May 2025 SPVC k67-68 SPVC (A) k67-68
The shift has fuelled widespread market discussion, although actual trading activity remains limited amid growing anticipation of further price softening.
30 May 2025
Although spot homo-PP prices have now slipped below the CNY 7,000/ton mark, sellers are taking a more cautious approach with LLDPE film.
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