Shenhua Auction: Futures soften, crude weakness dampens buying sentiment as lower offers attract some transactions

03 Aug 2026 PP and LLDPE 2609 futures on the Dalian Commodity Exchange opened weaker on Monday and traded within a softer range, pressured by declining crude oil prices and easing concerns over US-Iran tensions following weekend developments.

03 Aug 2026

Indonesia PP and PE market splits; major producer held most grades stable while distribution channel saw more movements

Although crude markets opened lower this week, yet upstream weakness has done little to shift sentiment on the ground. The dominant concern across the domestic market now is supply, with prompt cargo availability, rather than feedstock cost, setting the tone for pricing this week.

03 Aug 2026 LL C4 Film PPH Raf

China Morning Snapshot - 03 August 2026

Compounding the subdued sentiment into the session, a thaw of US-Iran tensions over the weekend pressured crude oil prices lower and it further dampened buying appetite.

31 Jul 2026

Shenhua Auction: Firm month-end pricing meets cautious buying as producer signals firm August stance

Shenhua Baotou Coal Chemical Co., China’s largest coal-based petrochemical producer, concluded its final trading session of the month on 31 July 2026 with a measured performance

31 Jul 2026

China Morning Snapshot - 31 July 2026

Domestic producers held offers steady on the final trading day of July, with most turning their attention to August pricing strategy.

30 Jul 2026

Shenhua Auction: Limited month-end supply and range-bound futures keep buying hand-to-mouth

Shenhua Baotou Coal Chemical Co., China’s largest coal-based petrochemical producer, saw transaction momentum moderate on 30 July 2026, as range-bound Dalian Commodity Exchange (DCE) futures

30 Jul 2026 PET Bottle

China’s PET export offers retreat on upstream roller-coaster as crude slump and buyer standoff cap late-week recovery

Chinese PET bottle market surrendered recent gains this week as extreme upstream volatility erased cost support, pulling export quotes back below

30 Jul 2026

China Morning Snapshot - 30 July 2026

PP and LLDPE 2609 futures on the Dalian Commodity Exchange traded in a tight band through the morning session, with both contracts posting only modest gains as crude oil gave back part of Wednesday's advance

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