Jul 20, 2026 6:42 p.m.
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News Insight & Analysis

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China Morning Snapshot – 04 June 2026
04 Jun 2026 Buying interest stayed thin in the morning session, with most market participants choosing to stand pat rather than commit to fresh purchases.
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03 Jun 2026 HD Inj LD Film LL C6 Film PPH Raf

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Shenhua Auction: Discounted LLDPE baselines capture full clearance amid widening seasonal lull

Full structural clearance for LLDPE film was achieved on Wednesday following targeted baseline concessions, while wider platform engagement softened as the physical market transitions into a traditional seasonal lull.
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03 Jun 2026

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China Morning Snapshot – 03 June 2026

Participants flagged seasonal demand weakness and persistent price pressure as key drags on buying confidence, with geopolitical tensions offering little offsetting support despite remaining unresolved.
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02 Jun 2026

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Shenhua Auction: PP hit full sell-through for the second day; LLDPE remained under pressure

Despite the absence of lower-priced cargoes that had previously stimulated buying interest, the producer successfully sold all 760 tons of PP homo yarn
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02 Jun 2026

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Shandong Yulong Auction: Session sees selective buying support as demand weakness caps market confidence

Shandong Yulong’s auction on 2 June recorded mixed results, with need-based buying underpinning sales of selected PP and PE grades
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02 Jun 2026

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Indonesian PP and PE markets extend slide as domestic major deepens price cuts

Indonesia’s PP and PE markets remain firmly under pressure, with little indication that the downturn that began nearly two months ago is nearing an end.
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02 Jun 2026

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China Morning Snapshot – 02 June 2026

The physical market, however, remained divided. PE sellers continued to trim offers amid sluggish trading activity and weak buyer participation
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01 Jun 2026

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Shenhua Auction: Tight PP supply drives strong sell-through; PE buying interest stays subdued

PP and LLDPE futures on the Dalian Commodity Exchange both posted triple-digit gains by the close of the morning session — but the bullish signal translated very differently on the physical side.
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