May 19, 2026 9:55 p.m.
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News Insight & Analysis

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Shenhua Auction: Deep discounts and constrained availability trigger aggressive LLDPE drawdown
01 Apr 2026 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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01 Apr 2026

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China Morning Snapshot – 01 April 2026

The increase in domestic inventories points to a persistently weak domestic consumption, with a significant share of volumes continuing to be channelled into export commitments rather than absorbed locally.
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31 Mar 2026

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Shenhua Auction: No deals as falling futures and high prices deter buyers

Cargoes were offered at above prevailing spot indications, prompting buyers to withdraw and leaving the cargoes fully unsold.
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31 Mar 2026

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Shandong Yulong Auction: Moderate uptake as competitive pricing draws cautious buying

Despite some increases, prices remained within the prevailing market range, allowing some deals to be concluded.
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31 Mar 2026

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Malaysia’s PP and PE markets extend rally as supply crunch deepens

Malaysia’s polyolefin markets continue to push into uncharted territory, extending last week’s record highs as acute supply tightness tightens its grip.
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31 Mar 2026

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Indonesian major ends PE pause, delivers sweeping consecutive-day PP and PE hikes amid cost surge

The most pronounced shift emerged in the PE complex. After pausing increases earlier in the week to gauge downstream responses, the producer reversed course decisively.
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31 Mar 2026 SPVC k67-68 SPVC (A) k67-68

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China PVC slips in Southeast Asia; firm upstream costs cap downside

Unlike other petrochemical chains disrupted by escalating Middle East tensions, PVC demand across Southeast Asia has remained subdued.
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31 Mar 2026

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China Morning Snapshot – 31 March 2026

One market source highlighted that recent patterns have seen futures soften sharply on Tuesdays following early-week gains, while spot prices have held elevated levels across recent sessions.
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