Jun 17, 2026 11:14 a.m.
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Shenhua Auction: Plunging macro complexes suppress PP engagement despite baseline discounts
16 Jun 2026 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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16 Jun 2026

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Asia’s polyolefin divergence deepens as aggressive Chinese export cuts fail to stimulate side-lined buyers

Renewed selling pressure rippled through China's petrochemical markets on 16 June, driving an aggressive export campaign as domestic futures plunged and local demand stalled.
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15 Jun 2026

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Strait of Hormuz reopening stirs fresh downside risks for the Asian polyolefin market

For an Asian polyolefin complex already grappling with weeks of subdued demand, the geopolitical de-escalation has reinforced rather than reversed the prevailing bearish bias.
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15 Jun 2026

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Shenhua Auction: Bearish macro plunge and rigid baselines engineer deep structural boycott

A plunging macroeconomic paper environment colliding with rigid physical baselines triggered a severe structural boycott across the Shenhua platform on Monday, locking the physical market in a defensive stalemate.
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15 Jun 2026

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Indonesian major surrenders PP stance, extends PE cuts amid peace talks and holiday lull

The domestic major abandoned its previous week's attempt to stabilize the PP sector, enacting sharp downward revisions across all PP grades while continuing to lower its LLDPE offers.
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15 Jun 2026 LL C4 Film PPH Raf

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China Morning Snapshot – 15 June 2026

A wait-and-see mood gripped the market as crude and futures tumbled in response to a major geopolitical shift, with the announcement of a 60-day ceasefire between the US and Iran and the reopening of the Strait of Hormuz dragging on sentiment.
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