May 19, 2026 9:58 p.m.
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News Insight & Analysis

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Statistics: China PP capacity growth underpins self-reliance in the first two months of 2026
26 Mar 2026 Expanding domestic capacity is reinforcing supply resilience and rapidly accelerating the country’s transition toward export dependence.
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26 Mar 2026

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Shenhua Auction: Tactical baseline cuts reopen PP arbitrage window as LLDPE lags on macroeconomic hesitation

Shenhua’s tactical baseline cuts triggered a sharply divergent market response on Thursday, driving flawless clearances for PP while PE demand languished amid macroeconomic caution.
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26 Mar 2026

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Naphtha spikes to record levels in Asia as supply woes threaten cracker runs

The supply shock has rapidly tightened feedstock availability, pushing regional steam crackers towards potential run cuts and shutdowns amid a lack of viable alternatives.
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26 Mar 2026

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Malaysian PE reaches record highs as supply crunch offsets lukewarm demand

However, despite broader cooling signals, local spot prices reportedly increased further early this week, driven primarily by sustained volatility in upstream crude oil benchmarks.
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26 Mar 2026

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Indonesian major defies soft demand with third PP, PE hike in two days

Indonesia’s polyolefin market is extending its regional leadership in the current upcycle, with a major domestic producer rolling out a third price increase within two trading days on 26 March.
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26 Mar 2026

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China Morning Snapshot – 26 March 2026

Gains in the spot market proved difficult to sustain into the morning session, with both contracts trading within a softer, range-bound pattern.
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25 Mar 2026 PPH Raf

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Whipsawing Chinese PP exports into SEA drives uncertainty, stalls buying interest

The Southeast Asian import homo-PP market opened the week in disarray, as violent swings in the energy complex and erratic pricing from Chinese suppliers eroded already fragile buying confidence.
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25 Mar 2026

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Shenhua Auction: Massive spot discounts choke the arbitrage window, triggering transactional paralysis

PP and LLDPE futures on the Dalian Commodity Exchange trended firmly lower throughout the morning, pressured by softening global crude oil markers and expectations of easing US-Middle East geopolitical tensions.
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