Apr 04, 2026 9:04 a.m.
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News Insight & Analysis

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Shenhua Auction: Firmer baseline hikes choke PP arbitrage as LLDPE clears fully on supply constraints
03 Apr 2026 Firmer baseline hikes severely tested downstream risk appetite on Friday, triggering a divergent platform response as PE cleared fully on supply constraints while PP demand fractured ahead of the weekend.
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03 Apr 2026

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China Morning Snapshot – 03 April 2026

Understandably, with the weekend approaching, most sellers refrained from major price adjustments, instead signalling steady near-term expectations amid ongoing supply tightness.
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02 Apr 2026 LL C4 Film PPH Raf

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Shenhua Auction: Stable baselines and rebounding futures drive near-total platform clearance

Stable platform baselines against an inflating physical spot market engineered a massive arbitrage window on Thursday, driving near-total clearances across both the PP and PE sectors.
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02 Apr 2026

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Shandong Yulong Auction: Strong PP uptake on firmer sentiment and competitive pricing

Shandong Yulong’s latest auction, the second consecutive session offering only PP cargoes, saw robust off-take despite lower cargoes on offer amid improving market sentiment.
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02 Apr 2026

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Malaysian major propels April pricelist with limited availability amid feedstock shortages and widening plant outages

Producers have lifted prices aggressively while rationing allocations, leaving both PE and PP buyers to navigate an exceptionally tight and highly controlled market.
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02 Apr 2026 LL C4 Film PPH Raf

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China Morning Snapshot – 02 April 2026

A sharp rebound in Chinese polyolefin futures lifted domestic spot offers, but physical trading stalled as cautious downstream converters retreated to the sidelines.
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02 Apr 2026 Butane Propane

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Aramco hikes April LPG prices to Asia by 38% on global supply squeeze

The escalation of conflict in the Middle East has triggered one of the most severe energy supply disruptions in decades, driving prices to multi-year highs.
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01 Apr 2026 LL C4 Film PPH Raf

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Shenhua Auction: Deep discounts and constrained availability trigger aggressive LLDPE drawdown

A severe structural discount of CNY 300/ton against the broader market engineered a near-total clearance for PE, while PP demand fractured amid persistent downstream caution.
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