During the week, factories in production continued to ship out orders as usual, and the overall production and sales pressure was not significant. The mainstream quotations remained stable. On Tuesday, Yantai Wanhua's auction saw a premium transaction, which raised market attention. However, the starting price was reduced by 250 yuan per ton compared to last week.
On the supply side, due to the shutdown and maintenance of Yingke Chemical's facilities and the planned subsequent maintenance of Heze Huali, there is an expectation of supply tightening, further supporting manufacturers' firm pricing stance. Holders generally have a low intention to sell at a discount.
On the demand side, the pace of procurement remained at a basic level. Downstream terminals mostly maintained cautious inquiries, and actual orders followed up moderately. The overall trading atmosphere was lackluster.
