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China Morning Snapshot – 27 September 2024
27 Sep 2024 The persistent uptrend on the Dalian Commodity Exchange encouraged local suppliers to implement additional price hikes on the spot PE offers despite a visible slowdown in buying activities.
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27 Sep 2024

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27 September 2024 - Shenhua's coal-based PP and PE Auction Results

The Shenhua Auction Platform experienced a notable surge in buying activity on the final trading day of the week, largely driven by the robust recovery of key futures contracts on the Dalian Commodity Exchange.
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26 Sep 2024

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China Morning Snapshot – 26 September 2024

In response, local producers have adopted a firmer stance on spot PP and PE pricing, buoyed by strong transaction volumes from the previous day.
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26 Sep 2024

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26 September 2024 - Shenhua's coal-based PP and PE Auction Results

Trading sentiment on the Shenhua Auction Platform continued to weaken heading into the weekend, even as futures contracts firmed on the Dalian Commodity Exchange. The lackluster auction results underscored the prevailing disinterest among Chinese buyers to stockpile inventories,
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25 Sep 2024

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Trading sentiment picks up in the local Chinese PP and PE market ahead of the Golden Week

Trading sentiment in China's PP and PE markets has shown an uptick as buyers returned to make last-minute replenishments ahead of the week-long National Day holiday.
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25 Sep 2024 SPVC k67-68 SPVC (A) k67-68

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Chinese PVC sellers lifted prices in a kneejerk reaction to the economic stimulus rush

Responding to the stimulus, key PVC futures contracts for January 2025 delivery on the Dalian Commodity Exchange jumped CNY 140/ton by the closing on 25 September. However, the rise in futures did not translate into immediate confidence in the spot market.
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25 Sep 2024

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China Morning Snapshot – 25 September 2024

Although trading activity in the local market saw an uptick following the rise in futures, local producers remain cautious, opting for conservative pricing strategies—particularly for spot homo-PP.
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25 Sep 2024

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25 September 2024 - Shenhua's coal-based PP and PE Auction Results

Amid continued firming trends for key PP and LLDPE contracts on the Dalian Commodity Exchange, driven by the government's broad economic stimulus measures, Chinese bidders have shown increased interest in auctions for coal-based materials.
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