21 Jan 2025 PPH Raf
Trading activity in the Vietnamese homo-PP market gained momentum in the days leading up to the Lunar New Year holiday, which runs from January 25 to February 3, 2025. Buyers cautiously resumed last-minute restocking, spurred by the availability of competitively priced parcels
21 Jan 2025 HD Film LD Film LL C4 Film
CommoPlast and its affiliates conducted a survey involving 150 Chinese converters in the agricultural film and PE packaging sector during the week ending 17 January 2025. The objective was to assess the holiday duration among these buyers and establish a foundational understanding of pre- and post-holiday replenishment trends.
21 Jan 2025
21 Jan 2025
Trading sentiment on the Shenhua Auction Platform displayed significant divergence, with lacklustre interest in LLDPE parcels despite a sharp reduction in auction volumes. The coal-based producer struggled to offload inventory, managing to sell less than 30%
20 Jan 2025
The Rupiah's sharp decline followed an unexpected decision by Indonesia’s central bank to lower its key interest rate by 25 basis points to 5.75% last week. While this move diverged from regional currency trends—where others appreciated against the US dollar—it had a muted impact on the local polyolefin markets.
20 Jan 2025
20 Jan 2025
Notably, a CNY100/ton reduction in LLDPE auction prices failed to revive the purchasing appetite. Buyer-side inactivity in this segment arose from cautions surrounding a continued weakening spot market and converters’ production halts ahead of the Lunar New Year holiday.
