20 Feb 2025
Spot offers remained stable despite the dwindling futures contracts on the Dalian Commodity Exchange. Supplier confidence was bolstered by planned maintenance shutdowns at local plants in the second quarter
Trading activity on the Shenhua Auction Platform softened slightly, weighed down by weaker key futures contracts on the Dalian Commodity Exchange. However, a reduced auction allocation helped mitigate the impact
19 Feb 2025
Spot PP and PE sellers held offers stable to slightly firmer, in line with trends on the Dalian Commodity Exchange. In the LLDPE sector, a CNY50/ton increase was implemented in anticipation of the upcoming spring sowing season
Shenhua wrapped up today’s auction session on a strong footing, bolstered by the sustained strength of futures contracts on the Dalian Commodity Exchange. The coal-based producer’s decision to keep auction prices largely unchanged
18 Feb 2025
A key Taiwanese PVC producer has announced its March shipment offers to Asia, adopting a stable-to-softer pricing strategy, with a notable focus on India. However, market reception has been muted
Despite ongoing supply tightness, sluggish regional demand has constrained the producer’s ability to implement price hikes. The latest increase is the first since July 2024.
Sellers maintained firm offers, buoyed by the strength in futures, yet continued to seek clearer signs of a demand-driven recovery. Over the past several trading days, sources noted an uptick in need-based purchases
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