02 Mar 2026
The Asian PP market is bracing for a severe supply shock following an official force majeure declaration from Advanced Petrochemical Company (APC) issued today.
Saudi Aramco has kept its official selling prices (OSPs) for March-loading liquefied petroleum gas (LPG) to Asia unchanged from February levels, a move that surprised parts of the market
A major Indonesian producer issued a cumulative double price hike on spot PP and PE over the weekend, abandoning its standard weekly pricing cycle
China’s local spot market started the week with notable price strength, bouyed by firm crude oil levels and escalating tensions between the United States and Iran.
Rising military tensions between the United States, Israel, and Iran are injecting renewed volatility into global crude, oil, and petrochemical markets, driving prices sharply higher and intensifying concerns over Middle East supply security.
27 Feb 2026
The physical auction floor buckled on Friday as a deepening sell-off on the Dalian Commodity Exchange (DCE) systematically dismantled buyer confidence ahead of the weekend.
Following a muted Lunar New Year period, Middle Eastern producers have returned to the Asian market with sizeable month-on-month increases for March PP and PE shipments.
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