May 21, 2026 1:14 p.m.
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News Insight & Analysis

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Indonesian major slashes May PVC offers as demand slumps and Chinese competition intensifies
04 May 2026 The cuts deal a further blow to already squeezed operating margins, coming against a backdrop of persistently elevated upstream costs. Yet market sources indicate the producer had little choice
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04 May 2026 HD Film LL C4 Film PPH Inj PPH Raf

insight

Indonesian major executed fourth price cut in a week amid import influx and duty-free anticipation

Indonesia’s polyolefin market is undergoing a swift downward recalibration, with a major domestic producer issuing another round of deep price cuts on 4 May.
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30 Apr 2026 LL C4 Film PPH Raf

insight

Shenhua Auction: Pre-holiday operational lull caps deals despite competitive month-end pricing

A full clearance for LLDPE was maintained on Thursday, while month-end volume reductions and a pre-holiday operational lull capped homo-PP transactions despite competitive platform pricing.
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30 Apr 2026 HD Yarn LD Film LL C4 Film PPH Raf

insight

Shandong Yulong Auction: Pre-holiday aversion and operational pivots fracture downstream liquidity

Firmer auction baselines collided with pre-holiday risk aversion on Thursday, restricting liquidity to strict need-based procurement as producers increasingly prioritise asset preservation over immediate volume clearance.
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30 Apr 2026 HD B/M HD Film HD Yarn LL C4 Film LL Inj LL Rot Mold DCE - PP BOPP PPH Film PPH Inj PPH Raf PPH Thermo

insight

Indonesian major delivered second price cuts in a week as import duty removal talks weigh on sentiment

The move signals intensifying pressure on local producers to preserve competitiveness amid softening sentiment and shifting trade expectations.
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30 Apr 2026 PET Bottle

insight

Indonesian PET local offers rose as firmer crude and PTA futures compound currency degradation

The Indonesian PET bottle market adopted a distinctly firmer tone in the week to 30 April 2026 with market sentiment is increasingly dictated by compounding macroeconomic drivers.
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30 Apr 2026

insight

China Morning Snapshot – 30 April 2026

On the final trading day before the 1-5 May break, attention has centred on domestic inventory levels, which CommoPlast data indicates are unusually elevated for a pre-holiday period, marking record highs in recent years.
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30 Apr 2026

insight

Asian polyolefin market falters ahead of Labour Day; conflicting market forces erode buyer conviction

The absence of clear price direction, compounded by persistent difficulties in passing through rising raw material costs, stifled trade discussions — even as geopolitical uncertainty surrounding Iran continued to inject a degree of upside risk into the market.
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