May 30, 2025 2:46 p.m.
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China Morning Snapshot – 13 May 2025
13 May 2025 Trading sentiment in the domestic spot market has notably improved compared to the previous week, following the announcement of a 90-day tariff truce between China and the United States.
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12 May 2025

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Shenhua Auction: Minor discounts on LLDPE failed to ignite purchasing interest

The auction opened the week on a mixed note. While homo-PP maintained relatively robust demand with an 84.5% deal rate, sales of LLDPE Film were notably weak despite a modest CNY 20/ton discount
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12 May 2025

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Shandong Yulong Auction: Buyers remain cautious despite price cuts

Shandong Yulong’s attempt to revive buying interest through price reductions at the start of the trading week yielded limited success, with deal volumes for key grades—particularly homo-PP and LLDPE film—falling compared to the previous session.
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12 May 2025

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Indonesian PP and PE market extends losses; players watch for stabilisation signals

Nevertheless, this late afternoon development has yet to translate into any tangible shift in the regional PP and PE markets. However, Asian industry players expect the bullish development to elevate trading sentiment
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12 May 2025

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China Morning Snapshot – 12 May 2025

Despite firmer futures, domestic suppliers continued to offer CNY 50/ton discounts on spot LLDPE film, signalling continued weakness in the physical market and fragile confidence among sellers.
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10 May 2025 SPVC k67-68 SPVC (A) k67-68

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Chinese PVC market slump deepens as market searches for bottom

According to data from CommoPlast, both ethylene- and carbide-based PVC prices have been breaking new lows each week, extending below levels last seen during the pandemic troughs of 2020.
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09 May 2025

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Shenhua Auction: Need-based buying continues amid cautious sentiment

Shenhua’s auction wrapped up the shortened trading week with a robust performance for PPH yarn and LLDPE film, supported by minor downward price adjustments that made deals more attractive.
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09 May 2025

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Shandong Yulong Auction: Discounts attracted buying interest, but sentiment remains cautious

The rebound in crude oil futures offered some support to market confidence, but it was the producer’s tactical pricing move—particularly on LLDPE film—that drove greater buying interest.
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