Indonesian PE market tumbles into correction as panic premium unwinds, policy fears deepen sell-off

07 May 2026 Indonesia’s polyethylene market has entered a steep corrective phase after surging to extraordinary highs in late February and March 2026 amid the Iran-Israel conflict and the closure of the Strait of Hormuz.

07 May 2026

China Morning Snapshot – 07 May 2026

PP and LLDPE 2609 contracts on the Dalian Commodity Exchange sold off sharply during the morning session, dragged lower by a steep drop in crude oil prices after Washington signalled that its military campaign against Iran was effectively concluded.

06 May 2026 LL C4 Film LL Inj PPBC Inj PPH Inj PPH Raf

Shenhua Auction: Full PP clearances achieved as competitive baselines offset post-holiday caution

Near-total clearances across the PP complex were achieved on Wednesday driven by competitive platform pricing, while LLDPE drawdowns were fractured by aggressive baseline hikes and subdued post-holiday demand.

06 May 2026

Middle Eastern PE suppliers scramble to regain footing in Vietnam as disruptions push buyers toward China

Vietnam’s PE market was thrown into turmoil following the outbreak of the Iran war and the effective closure of the Strait of Hormuz, exposing the country’s heavy reliance on Middle Eastern supply.

06 May 2026 HD Film LD Film LL C4 Film PPH Raf

Indonesian major extended price cuts as policy limbo and import influx stall market

Indonesia’s polyolefin market experienced further downward pressure on 6 May, with a major domestic producer issuing its fifth consecutive price reduction since late April.

06 May 2026

China Morning Snapshot – 06 May 2026

Following the Labour Day holiday and the start of the new month, sellers are maintaining a firm stance, underpinned by limited immediate sales pressure.

05 May 2026

India PVC market rebounds, gains capped as buyers brace for monsoon headwinds

The price revision was widely seen as overdue. Squeezed by an increasingly untenable cost structure, ethylene-based PVC producers had little room left to absorb further losses.

04 May 2026

Malaysian major issues May price list: A sharp correction from April’s panic, but structural premiums remain firmly in place

On 30 April, a major domestic producer released its formal May price list, effectively abandoning the reactive weekly pricing mechanism deployed throughout the hyper-volatile month of April

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