Jul 19, 2026 4:47 p.m.
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News Insight & Analysis

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Three pillars crumble: cost floor, supply discipline and buyer appetite desert Asian PP
29 Jun 2026 The shift in market psychology has already translated into broad-based price corrections across Asia. Chinese export PP prices have declined for two consecutive weeks
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29 Jun 2026

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Shenhua Auction: Geopolitical crude bounce and spot hikes trigger massive PP and LLDPE clearance

A sudden weekend reversal in geopolitical ceasefire optimism triggered a crude oil rebound on Monday, immediately firming Dalian paper markets and sparking a massive replenishment wave across Shenhua's physical auction as buyers rushed to lock in competitive baselines ahead of domestic spot hikes.
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29 Jun 2026

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Indonesian producer raises LLDPE to stabilize market, but cuts PP and HDPE as demand drops

The domestic major producer raised its LLDPE prices slightly to halt a three-month decline. However, it enacted sharp, triple-digit cuts across its PP and HDPE grades due to weak demand and a softening trend in the import market.
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29 Jun 2026

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China Morning Snapshot - 29 June 2026

The divergence signalled a tentative pause in the recent run of steep losses across both complexes, though participants stopped well short of interpreting the move as a directional shift.
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26 Jun 2026 LL C4 Film

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Vietnam LLDPE film plunges as US deep-sea supply wave triggers inventory liquidation

Growing availability of deep-sea cargoes — particularly from the United States — shifted market expectations lower and eroded buyers' willingness to commit to forward purchases.
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26 Jun 2026

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Shenhua Auction: PP rebounds on price cuts and firmer futures; LLDPE resists as prices tick higher

Shenhua concluded its auction on 26 June 2026 with a marked recovery in PP buying interest, driven by lower offer prices and a rebound in futures
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26 Jun 2026 LD Film

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Iran’s supply shadow looms over China’s LDPE import market as price floor buckles toward $1,000/ton

Iranian petrochemical producers are moving to reclaim their position in China’s spot LDPE market before official price lists have even been issued — and the market is already pricing in their return
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26 Jun 2026 PET Bottle

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Indonesian PET buyers cautious as summer demand lapses and bottom remain elusive

The beverage sector, which had underpinned recent demand through summer restocking, has also started to give way, with a trader noting that peak seasonal buying ended earlier than expected.
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