China Morning Snapshot – 16 June 2025

16 Jun 2025 Major PP and LLDPE contracts on the Dalian Commodity Exchange extended their rally during early trading on Monday, 16 June, buoyed by strength in the upstream energy complex.

14 Jun 2025

Malaysia: Polyolefin traders eye last-minute deals ahead of SST expansion

The revised framework will impose a 5% tax on a broad range of petrochemical products, fuelling speculation over potential rush buying in the coming weeks.

13 Jun 2025

Shenhua Auction: Rally in futures market lifted trading sentiment

Trading activity on Shenhua’s auction platform surged on the final trading day of the week, buoyed by a rally in crude oil prices and a sharp upturn in futures contracts on the Dalian Commodity Exchange.

13 Jun 2025

China Morning Snapshot – 13 June 2025

Major domestic producers raised spot offers by CNY 50/ton in response to the rally in futures, yet many traders chose to delay issuing new price lists

12 Jun 2025

Shenhua Auction: Steady demand supported satisfactory deal volumes despite tepid market mood

While trading activity on the Shenhua Auction Platform has moderated compared to earlier this week, the overall deal performance remains satisfactory, particularly for LLDPE film and PPH yarn.

12 Jun 2025 PET Bottle

Chinese PET bottle market treads water amid demand doldrums

Converters in the food and beverage packaging sector are understood to have restocked adequately during the previous price trough.

12 Jun 2025

China Morning Snapshot – 12 June 2025

Despite the day-on-day stability in domestic spot prices, purchasing behaviour remains mixed across product grades. HDPE and LDPE film grades are reportedly witnessing stronger demand than PP and LLDPE film

11 Jun 2025

Shenhua Auction: Buyer resistance mounts amid price pressures

Buyer resistance emerged clearly in response to higher offer levels, and some market participants were reportedly diverted by the return of the Shandong Yulong Auction session

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