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China Morning Snapshot – 28 April 2026
28 Apr 2026 Participants noted that the sustained strength across both futures and spot markets has prompted converters to return to the market to replenish inventories, albeit largely on a need-based basis.
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27 Apr 2026 LL C4 Film PPBC Inj PPH Raf

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Shenhua Auction: Full homo-PP clearances achieved as firmer futures support pre-holiday restocking

A full clearance for homo-PP yarn was achieved on Monday as firmer futures and stable baselines created a viable arbitrage window, while LLDPE clearances were moderated by expanded allocations and pre-holiday caution.
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27 Apr 2026 PET Bottle

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Indonesian PET bottle market rebounds on FX pressure, but buyer resistance holds firm

The recovery, however, unfolded against a backdrop of entrenched market resistance, with strong pushback from downstream end-product buyers keeping trade discussions subdued.
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27 Apr 2026

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China Morning Snapshot – 27 April 2026

Market participants pointed to rising urgency among distributors to manage inventories ahead of the holiday while still securing forward May sales.
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23 Apr 2026 SPVC k67-68 SPVC (A) k67-68

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Taiwanese major revised May PVC lower to India amid stubborn demand weakness

A major Taiwanese producer has revised its May-loading PVC offers to India downward after initial indications released earlier this week drew little buying interest.
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23 Apr 2026 LL C4 Film PPBC Inj PPH Raf

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Shenhua Auction: Mainstream clearances maintained amid firmer futures and cautious procurement

A 100.0% structural clearance for LLDPE and robust drawdowns for mainstream PP were maintained on Thursday, supported by a mildly firmer paper market and strictly need-based procurement.
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23 Apr 2026

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China Morning Snapshot – 23 April 2026

The five-day Labour Day break is expected to curb downstream activity, prompting producers to reduce exposure before converters step away from the market.
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22 Apr 2026 LD Film LL C4 Film PPBC Inj PPH Raf

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Shenhua Auction: Mainstream clearances achieved as stabilising futures support selective restocking

Near-total clearances for mainstream PP and PE grades were achieved on Wednesday as a stabilising paper market and targeted baseline reductions stimulated selective downstream restocking.
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