Mar 30, 2026 9:31 a.m.
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News Insight & Analysis

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Indonesian major defies soft demand with third PP, PE hike in two days
26 Mar 2026 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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25 Mar 2026

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Indonesian PP, PE market reopens on double price hikes from key producer

A major domestic producer has re-entered the market roughly three weeks after declaring force majeure, easing immediate supply pressure but stopping short of a full normalisation.
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25 Mar 2026

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China Morning Snapshot – 25 March 2026

The shift in sentiment weighed heavily on the contracts, with the decline quickly spilling into the spot market and prompting domestic sellers to implement aggressive markdowns across both PP and PE offers to realign with falling futures.
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24 Mar 2026

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Shenhua Auction: Futures dip while prices gain fail to spark broader buying

Transactions were largely driven by traders fulfilling export orders, rather than downstream restocking, highlighting a tactical approach in an unsettled market.
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24 Mar 2026

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Shandong Yulong Auction: Modest uptake on need-based buying; caution prevails

Analysts noted that limited auction volumes may understate broader market sentiment, with actual buying activity concentrated among price-sensitive players.
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