China Morning Snapshot – 27 January 2025

27 Jan 2025 As the majority of market players paused business activities, attention among the remaining participants shifted to the post-Lunar New Year outlook. Although spot offers held steady, most buyers opted to delay procurements in anticipation of possible post-holiday adjustments.

27 Jan 2025

27 January 2025 - Shenhua's coal-based PP and PE Auction Results

The Shenhua Auction platform is approaching the end of its monthly sales with notably limited volumes of LLDPE available. Despite a marginal recovery in the Dalian Commodity Exchange, purchasing activity has been lacklustre, as a significant portion of market participants have exited ahead of the Lunar New Year holiday.

24 Jan 2025

China Morning Snapshot – 24 January 2025

However, concerns persist about the broader market outlook. While some players are pinning hopes on potential post-holiday demand from the downstream BOPP sector, recent data paints a mixed picture.

23 Jan 2025

China Morning Snapshot – 23 January 2025

Trading sentiment in the domestic spot market has notably weakened. Many trading houses nationwide operated on half-day schedules today, signalling reduced market activity and potential for subdued discussions in upcoming sessions.

23 Jan 2025

23 January 2025 - Shenhua's coal-based PP and PE Auction Results

Shenhua has reportedly exhausted its January auction allocation, leaving only 900 tons of coal-based LLDPE film cargoes available. However, no transactions have been recorded for these volumes.

22 Jan 2025 LL C4 Film

Vietnamese buyers accepted higher LLDPE film prices amid curtailing availability

According to a notification from the producer to Vietnamese customers, four LLDPE production lines at its petrochemical complexes in Saudi Arabia have been taken offline due to technical issues, with no specified timeline for resumption.

22 Jan 2025

China Morning Snapshot – 22 January 2025

Despite the absence of significant inventory pressure, suppliers adjusted their spot offers downward in response to the softening futures market. Trading volumes, however, continued to decline

21 Jan 2025 PPH Raf

Vietnamese homo-PP buyers cautiously push pre-holiday rush, lifting market sentiment

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

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