Shandong Yulong Auction: Transactional paralysis as aggressive baselines collide with softening futures

14 May 2026 A pronounced disconnect between inflated auction floor prices and a softening paper market triggered a near-total transactional freeze on Thursday, as buyers bypassed rigid allocations in favour of flexible spot alternatives.

14 May 2026 LL C4 Film PPH Inj PPH Raf

China Morning Snapshot – 14 May 2026

Spot offers retreated broadly, with PE grades bearing the sharpest declines amid already-weakened demand fundamentals, while PP found some footing on the back of reported production cut developments flagged in the previous session.

13 May 2026 HD Film LL C4 Film LL Inj PPBC Inj PPH Inj PPH Raf

Shenhua Auction: Firmer futures support PP clearances while LLDPE concludes no deals

Robust clearances across the PP complex were maintained on Wednesday, supported by firmer futures and improving downstream orders, while LLDPE allocations concluded no deals amid seasonal headwinds.

13 May 2026

China Morning Snapshot – 13 May 2026

PE export sales had been robust in prior months, but traders noted that export-driven price support has proved more concentrated and effective for PP, giving it comparatively stronger underlying fundamentals.

12 May 2026 HD Film LL C4 Film LL Inj PPBC Inj PPH Raf

Shenhua Auction: Stronger futures and maintenance season support PP clearances over LLDPE

Robust clearances across the PP complex were maintained on Tuesday, driven by ongoing maintenance constraints, while LLDPE film engagement remained fractured amid seasonal agricultural headwinds.

12 May 2026 HD Film LL C4 Film PPH Film PPH Thinwall

Shandong Yulong Auction: Peak maintenance season fuels PP clearance as PE sentiment fractures

Supply-side contractions driven by China's heavy maintenance cycle propelled a flawless clearance of homo-PP grades on Tuesday.

12 May 2026

China Morning Snapshot – 12 May 2026

Sellers drew added support from the ongoing plant maintenance season, with production cuts at several PP facilities tightening supply expectations and widening the price differential between PP and PE.

11 May 2026 HD Film LL C4 Film LL Inj PPBC Inj PPH Raf

Shenhua Auction: Firmer futures support PP clearances while seasonal headwinds stall LLDPE

Near-total clearances across the PP complex were recorded on Monday as recovering paper markets stimulated demand, while LLDPE allocations were ignored amid regional agricultural off-season headwinds.

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