06 Feb 2026
Vietnam’s import PE market spearheaded the latest upswing across Southeast Asia, with regional and international suppliers pushing HDPE and LLDPE film offers above the $900/ton threshold
Most buyers remained on the sidelines, and participants said enquiry levels, which were relatively active earlier in the week, have since faded.
05 Feb 2026
Shenhua’s auction platform faced a swift reversal in sentiment on Thursday, with uptake rates for prime grades retreating significantly from the near-full clearance seen in the previous session.
Shandong Yulong’s latest auction session underscored a sharp deterioration in market confidence, with transaction volumes across both PP and PE grades collapsing to near-zero levels.
Trading sentiment stayed bullish, underpinned by worsening delivery delays from major domestic producers, which pushed converters into the distribution market to secure prompt material.
Buyer caution is deepening despite softer offers, reinforcing expectations that the market is entering its seasonal slowdown earlier than some had anticipated.
04 Feb 2026
The improved sentiment was primarily driven by a timely rebound in futures on the Dalian Commodity Exchange, which coincided with a strategic downward adjustment in auction starting prices
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