Jul 20, 2026 1:30 a.m.

Shenhua Auction: Futures-led weakness widens the gap between LLDPE and PP

Monday’s auction session revealed a deepening divergence in the polyolefin market. While LLDPE continues to benefit from opportunistic, need-based replenishment, the PP complex is experiencing a structural demand fatigue, as downstream converters increasingly retreat from the market in anticipation of further price erosion.

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