29 Aug 2025
Shandong Yulong’s latest auction for PP and PE recorded muted activity, with the majority of grades concluding only on a need-basis or remaining unsold.
Some producers suspended quotations to finalise month-end closing, while others continued releasing volumes to clear residual stock.
28 Aug 2025
LLDPE film, by contrast, saw no uptake. Shenhua raised its offer by CNY70/ton to CNY7,270/ton, but the adjustment proved untenable
Trading, however, remained limited as negotiations grew intense, with buyers and sellers holding divergent price expectations.
27 Aug 2025
Despite a renewed weakness on the Dalian Commodity Exchange—typically a drag on buying appetite at Shenhua’s auctions—the producer managed to secure a satisfactory number of transactions.
While the downward revisions were broadly anticipated, buyers showed little enthusiasm, with many still holding out for steeper cuts in the weeks ahead.
With the month drawing to a close and sales pressure easing after brisk replenishment activity earlier in the week, most local sellers opted to keep offers unchanged despite softer futures.
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