Jul 19, 2025 12:42 p.m.
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Shandong Yulong Auction: Zero deals as buyers reject unattractive offers amid market weakness
25 Jun 2025 Shandong Yulong’s latest auction concluded with no successful transactions across all PP and PE grades, marking a complete sell-through failure as bearish sentiment gripped the Chinese market.
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25 Jun 2025

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China Morning Snapshot – 25 June 2025

However, sellers largely capped discounts at around CNY 50/ton, reflecting a cautious but deliberate approach to price correction.
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24 Jun 2025

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Taiwanese producer lifts July PVC prices to India, but market isn't receptive

A key Taiwanese producer has sharply raised July PVC shipment offers to Asia, in line with earlier market expectations, but the move has drawn immediate pushback
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24 Jun 2025

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Shenhua Auction: Sentiment cools sharply as Middle East tensions ease

A sharp drop in crude oil futures and continued losses on the Dalian Commodity Exchange further dampened buying confidence, prompting many participants to retreat to the sidelines.
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24 Jun 2025

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China Morning Snapshot – 24 June 2025

Despite the pronounced slump in upstream crude oil benchmarks and Dalian futures, spot sellers across China adopted a more restrained stance.
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23 Jun 2025

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Shenhua Auction: Strong sell-through despite market caution amid geopolitical jitters

Despite a weakening trend in PP and LLDPE futures on the Dalian Commodity Exchange, Shenhua's auction managed to draw solid buying interest—particularly for PPH yarn and LLDPE film
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23 Jun 2025

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Indonesia’s PP, PE markets extended gains for the fourth week amid rising upstream costs

Strong gains in regional markets added upward momentum, yet the scale of this week's hikes—mostly limited to IDR 170,000/ton ($10/ton)—suggested a cautious pricing approach
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23 Jun 2025

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China Morning Snapshot – 23 June 2025

The domestic spot market opened the week on a tentative footing, with buyers largely sidelined to gauge the potential fallout from escalating Middle East tensions.
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