Jul 22, 2026 2:49 p.m.
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News Insight & Analysis

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China Morning Snapshot – 26 January 2026
26 Jan 2026 The latest advance extended PP’s rally to a fifth consecutive week and pulled LLDPE back into positive territory after slipping into losses in mid-last week.
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23 Jan 2026

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Shenhua Auction: Full clearance for PP yarn and LLDPE as futures breach cyclical highs

The Shenhua auction platform concluded the trading week on a bullish note, as a breakout in the futures market catalysed a sell-out performance for primary commodity grades.
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23 Jan 2026

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Malaysian PP, PE markets head into firmer February on looming domestic price hikes

The Malaysian polyolefin market is poised to break a seven-month downtrend heading into February, as domestic producers prepare to issue fresh local price lists amid uneven supply conditions and steady underlying demand.
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23 Jan 2026 SPVC k67-68 SPVC (A) k67-68

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China PVC bifurcates: export strength offsets weak domestic demand

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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