May 19, 2026 11:37 p.m.
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Saudi PE jumps $100/ton in Vietnam as Hormuz closure rattles supply chain
04 Mar 2026 Most other regional and international producers have withheld fresh offers, opting to reassess exposure as the conflict intensifies. The shutdown of the Strait of Hormuz — a critical artery for Middle Eastern oil, gas and petrochemical exports
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04 Mar 2026 SPVC (A) k67-68

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Indonesian major hiked PVC for the second consecutive time on China supply crunch and festive-season boost

Indonesia’s PVC market extended its upward trajectory for March as a major domestic producer lifted local offers, reinforcing a price-led rally driven by broader regional bullishness.
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04 Mar 2026

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China Morning Snapshot – 04 March 2026

Combined PP and PE stocks at Sinopec and CNPC declined by 40,000 tons day-on-day to 850,000 tons, signalling that procurement interest persisted even as overall buying sentiment turned more cautious.
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03 Mar 2026

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Shenhua Auction: Limit-up futures trigger total clearance as buyers chase discounted starting blocks

The Shenhua auction floor maintained its fever pitch on Tuesday, entirely subordinated to another explosive morning session on the Dalian Commodity Exchange (DCE).
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03 Mar 2026

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Shandong Yulong Auction: Geopolitical shock shatters buyer resistance as limit-up futures

The physical auction floor experienced a violent reversal on Tuesday, snapping the post-holiday lethargy that had left cargoes entirely unsold just days prior.
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03 Mar 2026

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Force majeure declared by Chandra Asri amid Middle East turmoil, regional polyolefins on edge

The company pointed to instability around the Strait of Hormuz, which has materially affected feedstock shipments and constrained its ability to meet contracted volumes, including PP and PE.
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03 Mar 2026

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China Morning Snapshot – 03 March 2026

The May 2026 contracts (2605) on the Dalian Commodity Exchange opened sharply higher on Tuesday, with PP and LLDPE extending their aggressive rally through the morning session to strike the daily upper limit for a second consecutive day.
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03 Mar 2026

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Breakdown – Middle East conflict jolts Asian polyolefin markets

With Middle Eastern supply lines under threat and feedstock volatility accelerating, participants moved swiftly to reassess exposure, triggering sharp price swings and a defensive shift in trading strategy.
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