10 Feb 2026
Local sources attributed the restrained activity to logistical bottlenecks ahead of the holiday. Many PP cargoes were offered for post-holiday delivery
A major Indonesian producer released fresh weekly offers over the weekend, executing a rare double adjustment within hours on Saturday, 7 February.
The drawdown suggests that despite thinning transactional liquidity, producers are successfully managing stock levels within a comfortable range
09 Feb 2026
The Shenhua auction platform started the trading week on a notably weaker footing compared to the previous session, with transaction volumes for both PP and LLDPE falling sharply
The reversal was driven by a convergence of softening pre-holiday demand and a sharp capitulation in upstream feedstock costs, snapping the uptrend just days before the Lunar New Year break.
09 Feb 2026 SPVC k67-68 SPVC (A) k67-68
China’s PVC market maintained its upward trajectory in the week ending 06 February 2026, with export prices for ethylene-based PVC hitting a one-year peak.
In the spot market, producers adjusted offers to align with the fragmented futures performance. With LLDPE contracts lagging behind PP, sellers introduced modest discounts on LLDPE cargoes
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