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News Insight & Analysis

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China Morning Snapshot – 18 December 2025
18 Dec 2025 PP and LLDPE’s May 2026 futures on the Dalian Commodity Exchange traded in a range-bound pattern, with PP futures showing comparatively firmer support than LLDPE.
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17 Dec 2025

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Southeast Asian PE slides further in China as firmer yuan fails to lift demand

The marginal appreciation of the yuan against the US dollar — typically a supportive factor for imports — failed to translate into a meaningful pickup in demand, with Chinese buyers sticking to cautious procurement strategies
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17 Dec 2025

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Shenhua Auction: PP sees stronger sales over LLDPE as futures market stabilizes

Divergent trends characterized Shenhua’s auction on the third trading session this week, with PP homo yarn registering comparatively stronger sales amid a slight stabilization in futures
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17 Dec 2025

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China Morning Snapshot – 17 December 2025

In the physical market closely mirrored the divergent futures performance as sellers maintained stable offers for homo-PP, while applying further discounts of CNY 50/ton on LLDPE grades.
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16 Dec 2025

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Shenhua Auction: Deal rates plummet as futures weakness renews buyer caution

Market participants reported that the upper end of the transaction range fell by approximately CNY 20–150/ton compared to the previous day, signaling that sellers had to compromise to move even limited volumes.
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16 Dec 2025

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Shandong Yulong Auction: Higher offers face pushback amid weak market sentiment

Shandong Yulong’s latest auction saw muted participation on Tuesday, weighed down by weaker futures and a generally soft local market environment.
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16 Dec 2025

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Malaysian polyolefin market faces split outlook ahead of January price lists

Early market discussions suggest PP is finding firmer ground. A broadly stabilised regional pricing environment has reduced the urgency for Malaysian producers to adjust prices lower
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16 Dec 2025

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Indonesian major deepens PE price cuts; PP held steady on curtailed supply

A major Indonesian producer extended its price reduction campaign for a second consecutive week this month, deepening cuts across PE grades in an effort to realign with a softening distribution market and competitive import offers.
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