Indonesia PET breaches IDR 20 million threshold on Chinese export rally and freight bottlenecks

21 Aug 2026 Indonesia’s domestic PET bottle resin market rebounded sharply this week, decisively breaking above the psychological IDR 20,000,000/ton resistance level as early-week transactions gave way to an aggressive price revision.

21 Aug 2026 LL C4 Film

China’s LLDPE firmed by seasonal ag-film cycle and tightening prompt supply

China’s domestic LLDPE market closed the week on a firm footing, underpinned by seasonal agricultural film manufacturing, tightening producer grade allocations, and rising upstream energy costs.

21 Aug 2026

China PVC breaches sub-million-ton stock threshold on cost push, but demand ceiling holds

China’s PVC market extended its firming trend in the week ending 21 August 2026, drawing monitored warehouse inventories below the one-million-ton mark for the first time since January.

21 Aug 2026

China Morning Snapshot - 21 August 2026

Market players largely attributed previous session's price retreat to technical adjustment rather than a shift in fundamentals, and with crude and futures markets strengthening again today, local sellers held offers steady rather than chasing the move lower.

20 Aug 2026

Shenhua Auction: Softer paper cues and local spot discounting cool deal conversion across polymer grades

The softening in paper contracts triggered a wave of price discounting across domestic distribution hubs, immediately dampening procurement sentiment and narrowing the competitive advantage previously enjoyed by coal-to-olefin auction parcels.

20 Aug 2026 PET Bottle

China’s PET export offers break higher on upstream rally and MEG squeeze as buyers resist cost-push spikes

Chinese PET bottle resin export offers surged this week, breaking out of their multi-week consolidation on the back of sustained crude oil gains and mounting upstream feedstock costs.

20 Aug 2026

China Morning Snapshot — 20 August 2026

PP and LLDPE futures on the Dalian Commodity Exchange (DCE) retreated through Thursday’s morning session, halting an uninterrupted two-week rebound.

19 Aug 2026

Shenhua Auction: Firm paper cues and prompt-cargo demand ignite 100% PP sell-out despite steeper offers

Strong paper market sentiment provided solid cost-push support, encouraging domestic buyers to actively absorb auction parcels despite further upward revisions in starting thresholds.

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