May 20, 2026 1:22 a.m.
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News Insight & Analysis

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China PVC bifurcates: export strength offsets weak domestic demand
23 Jan 2026 Unlike the earlier grade-led split, this week’s bifurcation was driven by stronger overseas sales, even as local demand stayed muted ahead of the extended Lunar New Year holiday.
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23 Jan 2026

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China PET bottle market surges to one-year high on futures lift, but resistance builds

China’s PET bottle market vaulted to a one-year high in the week ending 23 January 2026, propelled by a sharp rebound in upstream PTA and MEG futures that triggered immediate repricing across the physical market.
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23 Jan 2026

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China Morning Snapshot – 23 January 2026

In the physical market, local sellers reacted swiftly to the futures breakout, largely lifting spot offers in an attempt to capture the upward momentum.
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23 Jan 2026

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Asian propylene climbs to four-month peak; tighter supply keeps outlook firm

Despite intermittent volatility, the Asian propylene market has resumed a clear upward trajectory after tumbling to pandemic-era lows in early November 2025.
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22 Jan 2026

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Shenhua Auction: Clear-out of PP and LLDPE on back of strong futures rebound

Both products were fully sold, pointing to a tentative improvement in near-term confidence. Market participants, however, remained wary over the durability of the rebound.
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22 Jan 2026

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Shandong Yulong Auction: Full clearance of homo-PP yarn and LLDPE film as stronger futures boost buying interest

Shandong Yulong’s latest auction delivered a clear improvement in uptake, with homo-PP yarn and LLDPE film on an FD basis fully cleared.
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22 Jan 2026

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China Morning Snapshot – 22 January 2026

In immediate response to the futures-led recovery, the majority of local producers adjusted their spot offers higher, seeking to recoup losses from earlier in the week.
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21 Jan 2026

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Taiwanese major raised February PVC offers amid improving market fundamentals

The move was broadly anticipated, following intensifying market discussions around China’s impending withdrawal of export tax rebates — a policy shift widely seen as a catalyst for a structural reset in global PVC pricing.
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