Oct 26, 2026 12:54 p.m.
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News Insight & Analysis

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Shenhua Auction: Strong futures open and firmer crude power pre-weekend sweep, though spot buyers stay cautious
23 Oct 2026 PP and LLDPE futures on the Dalian Commodity Exchange (DCE) opened sharply higher on Friday alongside firmer crude oil before paring gains slightly by midday, still holding above Thursday's levels and lifting overall auction clearance at Shenhua Baotou Coal Chemical Co. from 95.3% to 98.2%.
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23 Oct 2026

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Market Flash - 23 October 2026

With Brent holding above $113/barrel, cost pressure stayed firmly in focus across Southeast Asia, where a major Saudi producer finalised November PE offers below its initial list
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23 Oct 2026

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China PVC rallies on output cuts and 13-month stock trough, yet winter chill looms

China’s PVC market mounted a firmer rebound across both domestic and export segments in the week ending 23 October 2026, shaking off two weeks of sluggish post-Golden Week adjustments as widening production cuts and firmer upstream crude oil prices tightened prompt supply availability.
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23 Oct 2026

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China Morning Snapshot – 23 October 2026

The futures rally traces directly to crude oil strength, with Brent settling at $113/barrel on Thursday and holding above $110/barrel through the end of the week.
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22 Oct 2026

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Weak beverage demand pushes China’s PET bottle market lower after the holiday, despite crude’s surge

China’s PET bottle market extended its downward correction for a second week following the Golden Week holiday, as retreating polyester feedstock futures and a deepening downstream beverage slowdown outweighed a renewed surge in global crude oil prices on 20 October.
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22 Oct 2026

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Statistics: China PP fallback supplier role slowly fading in September as regional PP sourcing diversifies

China’s PP market saw an interesting development across both imports and exports in September, as a dip in local production met surging exports and a sharp rebound in imports.
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22 Oct 2026

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Shenhua Auction: Stronger futures rebound powers 95.3% sweep, though spot market stays quiet

PP and LLDPE futures on the Dalian Commodity Exchange (DCE) shook off a soft opening on Thursday to stage a firmer morning rally than Wednesday's session, steering overall auction clearance at Shenhua Baotou Coal Chemical Co. up to 95.3%.
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22 Oct 2026

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Indonesian major lifts PE in second weekly revision; higher offers stall post-indent buying

An Indonesian major issued its second price list of the week on Thursday, 22 October, lifting all PE grades while rolling over PP following Monday’s steep increases.
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