Jul 19, 2026 4:46 p.m.
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News Insight & Analysis

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China’s PVC extends slide as collapsing crude, Indian policy uncertainty compound demand woes
26 Jun 2026 A crude oil sell-off, paralysed Indian demand, and structurally weak domestic consumption converged — leaving the market with few near-term escape routes.
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26 Jun 2026 LL C4 Film PPH Inj PPH Raf

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China Morning Snapshot – 26 June 2026

PP and LLDPE 2609 futures on the Dalian Commodity Exchange (DCE) opened higher before easing toward the end of the morning session.
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25 Jun 2026

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Thai LDPE film tumbles across China, Vietnam as Asia’s downturn deepens

A Thai petrochemical producer sent shockwaves through Asian PE markets this week, slashing spot LDPE film offers to levels that caught buyers off-guard
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25 Jun 2026

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Statistics: China's PVC production cuts deepened as downtrend mounts, exports rebound on carbide-grade demand

China's PVC market navigated a difficult May, caught between deepening production cutbacks that failed to stabilise prices and a domestic demand environment still weighed down by a sluggish property sector.
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25 Jun 2026

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Statistics: China's PE market sailed through May on empty imports and redirected supply

A 4.9% sequential recovery from April offered limited comfort: the figure reflected a rebound in domestic output rather than any genuine demand recovery
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25 Jun 2026

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Statistics: China PP consumption falls for the second consecutive month as output and imports declined

China's PP consumption returned to growth in May 2026 after slumping to a multi-year low in April, as concerns over supply disruptions linked to the Strait of Hormuz continued to ease.
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25 Jun 2026

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Shenhua Auction: LLDPE broke below CNY 7,000 floor to trigger full clearance as PP complex freezes

For the first time since late February, domestic spot prices for LLDPE film broke below the CNY 7,000/ton mark, completely erasing the geopolitical premiums accumulated during the spring.
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25 Jun 2026 PET Bottle

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Chinese PET export benchmarks breached $1,000 threshold as feedstocks tank and Indian trade barriers expand

The Chinese PET bottle export market faced compounding structural pressure this week, forcing mainstream offers below the critical $1,000/ton FOB China threshold for the first time in months.
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