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![[daily] Daily Market Wrap – China – 28 May 2025](https://plixstar.com/wp-content/uploads/2022/10/logo-small-commoplast.jpg)
The Chinese PE market extended its decline this week, pressured by weakening demand and sliding futures on the Dalian Commodity Exchange. [...]
The Southeast Asian homo-PP market exhibited a stable to softer trajectory on Tuesday, as the emergence of competitively priced Chinese cargoes weighed on regional sentiment. [...]
In the downstream segment, BOPP sheet and film converters noted a slight increase in end-product orders, driven by buyers aiming to average down production costs. [...]
International suppliers have partially concluded June business following last week’s price announcements. Early signs of demand recovery in China, alongside the appreciation of regional currencies, prompted buyers to commit to [...]
The Chinese homo-PP market opened the week on a softer note, with spot offers slipping by CNY 50/ton from the previous session amid subdued buying interest and weakening futures. [...]
This magazine is designed to serve as a reliable guide through the complexities of today’s market. By shedding light on key developments, analysing emerging trends, and offering thoughtful commentary, we [...]
The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 30 May 2025 settled as follows: [...]
According to a statement issued by the Ministry of Commerce and Industry, the authorities have acknowledged receipt of the application and assigned a case number. [...]
The rally followed the United States’ announcement of potential new sanctions on Russia, intensifying pressure over its protracted war in Ukraine. [...]
The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 29 May 2025 settled as follows: [...]
Although spot homo-PP prices have now slipped below the CNY 7,000/ton mark, sellers are taking a more cautious approach with LLDPE film. [...]
The shift has fuelled widespread market discussion, although actual trading activity remains limited amid growing anticipation of further price softening. [...]
Sluggish domestic demand and the declining Dalian Commodity Exchange continued to weigh on the outlook, fuelling the continuous downward adjustments. [...]
A firming crude oil market lent some support to sentiment, helping to slow the recent downward momentum. [...]
While the overall conversion rate on the Shandong Yulong Auction platform improved marginally compared to the previous session, a closer examination by product grade reveals a more nuanced picture. [...]
In contrast to the PP market, where signs of a rebound are becoming increasingly evident, the Indonesian PE market continues to exhibit sluggish momentum. [...]
The firmer market tone has been further supported by a broadly positive macroeconomic outlook, including a rebound of approximately 7% in NYMEX crude oil futures this week. In response, sellers [...]
Over the past four weeks, local traders have been compelled to accept steep reductions in order to stay aligned with the producer-led market trend. According to data from CommoPlast, average [...]
Naphtha feedstock costs have been fluctuating in the mid-to-low $500/ton range, alleviating margin pressure for many naphtha-based petrochemical producers. However, downside risks remain pronounced amid volatile international trade policies [...]
In the Jakarta and West Java areas, mounting concerns over tightening supply—largely due to reduced import arrivals—prompted a return of buyers seeking prompt restocking. [...]