Jun 19, 2026 2:34 a.m.
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News Insight & Analysis

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Shenhua Auction: Collapsing paper markets and pre-holiday retreat neutralised baseline cuts
18 Jun 2026 A cascading deterioration across Dalian paper markets entirely neutralised Shenhua's aggressive pre-holiday baseline concessions on Thursday, leaving the physical polyolefin complex mired in a severe structural stalemate as downstream converters aggressively retreated ahead of the Dragon Boat Festival.
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18 Jun 2026 ZCE - PTA ZCE - PX PET Bottle

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Chinese PET valuations breached key thresholds as upstream futures collapse dismantles market confidence

The Chinese PET bottle market faced intense downward pressure this week, as a violent liquidation across the upstream PX and PTA futures complexes shattered spot market confidence.
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17 Jun 2026

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Shenhua Auction: Sell-through collapses across PP and PE grades; price cuts fail to revive demand

Shenhua Baotou Coal Chemical Co., China’s largest coal-based polyolefins producer, recorded its weakest auction performance in recent sessions on 17 June 2026
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17 Jun 2026

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Middle Eastern LLDPE film crashes in China as deals sink into three-digit territory

Bearish sentiment in China's LLDPE film market intensified mid-week after a major Middle Eastern producer slashed prices aggressively to reignite demand, resulting in deals being concluded
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17 Jun 2026

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China Morning Snapshot - 17 June 2026

The pronounced correction in homo-PP was widely anticipated. Over the past month, EXW China homo-PP prices had traded at an unusually wide premium over LLDPE film
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16 Jun 2026 PPBC Inj PPH Inj PPH Raf

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Shenhua Auction: Plunging macro complexes suppress PP engagement despite baseline discounts

A sustained deterioration across Dalian paper markets, compounded by the severe repricing of global crude, kept physical polyolefin engagement heavily suppressed on Tuesday, yielding partial clearances for mainstream PP and a total structural rejection of injection grades.
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16 Jun 2026 PPH Inj PPH Raf

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China homo-PP pressured as capacity restarts and import influx could puncture rally

Support is now fading, as almost all of the affected lines are expected to return to operation by early July, and the prospect of restored output is already weighing on the market, easing the tight conditions that had defined the preceding two months.
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16 Jun 2026 LL C4 Film PPH Raf

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China Morning Snapshot – 16 June 2026

Bargain hunters did emerge in pockets, but they were not enough to shift the broader mood.
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