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News Insight & Analysis

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Chinese PET bottle market loses momentum following a two-week rally
01 Aug 2025 Producers had previously leveraged gains in coking coal futures to justify an upward revision in PET bottle prices, as the rally partially lifted PX, PTA, and MEG futures.
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01 Aug 2025

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China Morning Snapshot – 01 August 2025

While the jump exceeded expectations, market participants were not caught off guard, attributing the rise to routine month-end closing practices
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31 Jul 2025

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Shenhua Auction: Softer futures weighed on Shenhua’s end-July PP and PE auction performance

Although the total auction volume was moderately reduced in line with typical end-of-month closing, overall transaction performance was underwhelming.
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31 Jul 2025

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Shandong Yulong Auction: July auction ends on weak note amid tepid market sentiment

Shandong Yulong’s final auction for July ended with notably weak deal activity, as only limited volumes were concluded, primarily for essential needs
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31 Jul 2025

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China Morning Snapshot – 31 July 2025

Downstream buyers, meanwhile, showed limited interest, opting to remain on the sidelines pending a clearer price direction for August.
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31 Jul 2025

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August PP, PE offers lowered in Malaysia — Rising supply keeps buyers cautious

Despite the price cuts, the adjustments have so far failed to reinvigorate buying interest, as market sentiment remains cautious on the back of rising domestic supply and expectations of a continued downtrend.
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30 Jul 2025

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Shenhua Auction: Deal volumes ease as trade sentiment stalls

The latest auction results underscore the prevailing demand divergence, with buyers showing little appetite for stockpiling ahead of August. Market sentiment softened further as buyers shifted into a wait-and-see mode.
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30 Jul 2025

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China Morning Snapshot – 30 July 2025

Despite a cumulative inventory reduction of 7.4% over the past two sessions, concerns remain that both producers could enter August with above-average inventory levels.
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