Mar 20, 2026 9:44 p.m.
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News Insight & Analysis

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Shenhua Auction: Softer crude and futures sap demand ahead of weekend
20 Mar 2026 The final auction of the week underperformed as a sharp correction on the Dalian Commodity Exchange eroded buying confidence.
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20 Mar 2026

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Indian polyolefins rally hits demand ceiling as supply shock deepens

However, the pace of price escalation is increasingly out of sync with downstream affordability, triggering firm resistance from buyers and stalling market activity.
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20 Mar 2026

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China Morning Snapshot – 20 March 2026

Despite a geopolitical-driven rally since early March, producers have struggled to push inventories below the 800,000-ton mark—highlighting persistently weak downstream demand.
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19 Mar 2026

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Shenhua Auction: Strategic baseline cuts engineer irresistible arbitrage window, driving near-total clearance as export demand surfaces

The trading session commenced with robust underlying macroeconomic support as futures on the Dalian Commodity Exchange extended their bullish trajectory during the overnight session.
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19 Mar 2026

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Shandong Yulong Auction: Uncompetitive pricing curbs buying interest

Shandong Yulong concluded its Thursday auction session with a highly concentrated offering, bringing only PP cargoes to the floor while completely withholding its PE allocations.
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19 Mar 2026

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China Morning Snapshot – 19 March 2026

The overnight surge in futures prompted domestic sellers to push offers sharply higher, yet the rally has only reinforced caution, with buyers holding back as resistance levels, established in earlier sessions, continue to cap appetite.
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18 Mar 2026

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Shenhua Auction: LLDPE film sees stronger uptake on deeper discounts

The strong uptake reflected effective price positioning, which unlocked immediate restocking demand from converters despite broader market uncertainty.
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18 Mar 2026

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Chinese LLDPE film tests $1500/ton in Vietnam; buyers hold back on restocking

Chinese sellers have taken the lead in Vietnam, pushing LLDPE film offers to levels last seen in late 2021 to early 2022.
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