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News Insight & Analysis

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China Morning Snapshot - 20 July 2026
20 Jul 2026 PP and LLDPE 2609 futures on the Dalian Commodity Exchange surged during Monday's morning session, tracking a sharp rebound in international crude prices that handed the domestic polymer market firmer cost support
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18 Jul 2026

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Chinese PE rally pauses after two-week advance; outlook stays constructive

China’s PE rally lost momentum at the end of the week as traders introduced selective discounts to unlock transactions, marking the first meaningful pause after two weeks of aggressive gains
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17 Jul 2026

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Shenhua Auction: Pre-weekend caution triggers sharp drop in clearance as spot arbitrage evaporates

Shenhua Baotou Coal Chemical Co. concluded the trading week with a pronounced downturn in auction performance on Friday, as buyers aggressively pulled back ahead of the weekend.
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17 Jul 2026

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Indonesian major rolls out seventh price hike in a week amid firm cost support, regional rally

Firm cost support across the regional petrochemical complex and a broader Asian price rally carried Indonesia's PP and PE markets through a seventh consecutive price revision
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17 Jul 2026

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Chinese PVC exports posts two-week winning streak as buyer confidence remains fragile

The Chinese PVC market extended its recovery into a second consecutive week, reversing a prolonged downturn as mounting production costs prompted producers to defend increasingly compressed margins.
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17 Jul 2026

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China Morning Snapshot - 17 July 2026

Most actively traded PP and LLDPE futures on the Dalian Commodity Exchange pulled back on the final trading day of the week, as traders locked in gains following two consecutive weeks of rally
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16 Jul 2026

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Shenhua Auction: Competitive floor sustains high clearance as softening futures amplify spot resistance

Shenhua Baotou Coal Chemical Co. maintained robust clearance rates on Thursday, leveraging a persistent price arbitrage to secure high volume absorption despite an intraday softening on the Dalian Commodity Exchange
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16 Jul 2026

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Chinese PET export offers reclaim $1,000/ton threshold on crude-led feedstock rally but demand headwinds persist

The Chinese PET bottle export market rebounded sharply this week, reclaiming the psychological $1,000/ton FOB China threshold for the first time since late April 2026
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