China’s PVC market mounted a firmer rebound across both domestic and export segments in the week ending 23 October 2026, shaking off two weeks of sluggish post-Golden Week adjustments as widening production cuts and firmer upstream crude oil prices tightened prompt supply availability.
China’s PET bottle market extended its downward correction for a second week following the Golden Week holiday, as retreating polyester feedstock futures and a deepening downstream beverage slowdown outweighed a renewed surge in global crude oil prices on 20 October.
PP and LLDPE futures on the Dalian Commodity Exchange (DCE) shook off a soft opening on Thursday to stage a firmer morning rally than Wednesday's session, steering overall auction clearance at Shenhua Baotou Coal Chemical Co. up to 95.3%.