May 19, 2026 10:52 p.m.
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News Insight & Analysis

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China Morning Snapshot – 23 March 2026
23 Mar 2026 The bullish momentum in futures quickly filtered into the domestic spot market. Suppliers raised homo-PP and LLDPE film offers by CNY 500–600/ton
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21 Mar 2026 PET Bottle

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Chinese PET tests historic highs, yet rally loses traction on buyer pushback

Chinese PET bottle export prices have extended their aggressive rally, surging more than 50% since early February and rapidly approaching historical highs
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20 Mar 2026

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Shenhua Auction: Softer crude and futures sap demand ahead of weekend

The final auction of the week underperformed as a sharp correction on the Dalian Commodity Exchange eroded buying confidence.
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20 Mar 2026

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Indian polyolefins rally hits demand ceiling as supply shock deepens

However, the pace of price escalation is increasingly out of sync with downstream affordability, triggering firm resistance from buyers and stalling market activity.
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20 Mar 2026

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China Morning Snapshot – 20 March 2026

Despite a geopolitical-driven rally since early March, producers have struggled to push inventories below the 800,000-ton mark—highlighting persistently weak downstream demand.
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19 Mar 2026

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Shenhua Auction: Strategic baseline cuts engineer irresistible arbitrage window, driving near-total clearance as export demand surfaces

The trading session commenced with robust underlying macroeconomic support as futures on the Dalian Commodity Exchange extended their bullish trajectory during the overnight session.
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19 Mar 2026

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Shandong Yulong Auction: Uncompetitive pricing curbs buying interest

Shandong Yulong concluded its Thursday auction session with a highly concentrated offering, bringing only PP cargoes to the floor while completely withholding its PE allocations.
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19 Mar 2026

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China Morning Snapshot – 19 March 2026

The overnight surge in futures prompted domestic sellers to push offers sharply higher, yet the rally has only reinforced caution, with buyers holding back as resistance levels, established in earlier sessions, continue to cap appetite.
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