Apr 03, 2025 10:36 a.m.
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News Insight & Analysis

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Thai PS price hike faces resistance in Vietnam amid weak market conditions
23 Mar 2025 In a move that defied market expectations, a major Thai producer raised its import PS offers to Vietnam by $60/ton compared to the previous week, despite ongoing demand weakness and increased competition from more competitively priced Chinese cargoes.
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23 Mar 2025 PET Bottle

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Supply disruptions lifted Chinese PET bottle market, but weak demand capped gains

Despite these supply constraints, both local and international buyers remained hesitant, scrutinising whether the current price rally could be sustained. The approaching Eid al-Fitr holiday in key Muslim markets is expected to dampen short-term purchasing activity,
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23 Mar 2025

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Malaysian PVC market slips on weak demand, but soaring freight costs could stall further drops

This broader bearish trend across Asia has been driven by subdued demand, though discussions in the market have intensified as Chinese suppliers face increasing difficulty in conceding further price reductions due to surging freight costs.
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23 Mar 2025

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Indonesia’s PP block copolymer prices slide further on easing supply concerns

Since peaking at an eight-month high in early March 2025, import offers have surrendered approximately 31% of their previous gains. A Vietnamese producer played a key role in accelerating the price correction
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21 Mar 2025 LD Film LL C4 Film

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China’s LLDPE film market decline deepens, weighing on LDPE

Paring a brief period of stabilisation in the post-Lunar New Year period, the local LLDPE film market in China has been entrenched in a nearly three-month-long downtrend. Weighing the current supply-demand dynamic, market participants are not overly optimistic about the near-term outlook.
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20 Mar 2025

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Shenhua Auction: LLDPE sales deteriorated further as buyer resistance to higher prices intensified

The Shenhua Auction Platform concluded the morning session with mixed results across polymer grades, aligning with divergent movements on the Dalian Commodity Exchange, where PP futures posted a stronger rebound compared to LLDPE.
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20 Mar 2025

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Shandong Yulong Auction: LLDPE film sales improved amid strategic price adjustments

Shandong Yulong’s auction platform registered improved performance compared to the previous trading session, buoyed by a rebound in the futures market and continued hand-to-mouth procurements.
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20 Mar 2025

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China Morning Snapshot – 20 March 2025

Spot markets reflected movements in the futures sector, with homo-PP prices holding steady while LLDPE posted a CNY50/ton decline. Despite sluggish demand across both segments, homo-PP sellers pointed to ongoing plant shutdowns
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