Feb 14, 2026 6:57 p.m.
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News Insight & Analysis

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Shandong Yulong Auction: Deals weaken sharply as local sentiment cools
15 Jan 2026 The primary friction point during today’s session was the producer's decision to maintain the firm price levels established during Tuesday’s bullish peak.
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15 Jan 2026

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China Morning Snapshot – 15 January 2026

Despite the softer tone in futures trading during the morning session, local producers largely maintained price increases from the previous day.
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14 Jan 2026

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Shenhua auction: Firm market sentiment supports PP, LLDPE as cargoes sell out

The continued rallying futures market, coupled with supportive spot sentiment, underpinned strong demand at the Shenhua auction, where all offered cargoes were fully cleared.
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14 Jan 2026

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Indonesia PP extends recovery on supply cuts; PE pricing decouples from region

Unlike the muted response seen in the prior week, buyers have shown better acceptance, signalling a notable shift in market psychology.
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14 Jan 2026

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China’s local LDPE film surges over $100/ton in two weeks; overheating fears emerge

Although the segment lagged the initial recovery seen elsewhere in the petrochemical complex, prices have since accelerated sharply, underpinned by modest demand improvement and mounting concerns over potential supply disruptions.
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14 Jan 2026

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China Morning Snapshot – 14 January 2026

A critical development emerged this morning as some primary producers reported "sell-out" positions for January delivery.
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13 Jan 2026

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Shenhua Auction: Sustained firm futures and demand lift prices further

Market sources indicated that LLDPE futures outperformed PP, supporting stronger auction and transaction prices compared with the previous session.
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13 Jan 2026

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Shandong Yulong Auction: PE deals outperform PP; market monitors new LDPE/EVA capacity start-ups

One trader said purchasing interest remained robust, allowing the auction to conclude deals even though prices were not especially attractive, though still viewed as acceptable by buyers.
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