Oct 25, 2026 10:08 p.m.
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China Morning Snapshot – 28 September 2026
28 Sep 2026 Local sellers followed futures higher and lifted offers, but demand did not follow. Most buyers stayed on the sidelines, and only a small group replenished at the low end of the range. The holiday is compounding the caution.
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25 Sep 2026

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Saudi major’s October PE hikes sweep Vietnam as crude rally and prompt deficit crush buyer resistance

A Saudi Arabian producer has finalised its monthly October 2026 PE offers to Vietnam with sharp increases of up to $220/ton, capitalising on acute prompt supply deficits and an abrupt two-session crude rebound to clear allocations swiftly.
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25 Sep 2026

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Lasting shift or wartime fix: Malaysia's rise in China's PE and PP exports rankings could signal a structural import switch

Malaysia's petrochemical sector is undergoing its most consequential structural shift in years. A market long defined by its net exporter status is now leaning on overseas supply, and China has emerged as the primary beneficiary
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25 Sep 2026 PET Bottle

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Indonesian PET market stays choppy on upstream moves, buyers brace for upcoming seasonal pickup

Indonesian PET prices tracked crude's volatility through the week, as the market priced in a five-session slide in oil against a late-week rebound above $100/barrel.
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24 Sep 2026

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Shenhua Auction: Deep price cuts restore buyer appetite as futures snap losing streak

Capitalising on the firmer paper tone, Shenhua Baotou Coal Chemical Co. slashed reserve floors by CNY 130–220/ton across all prime grades, lifting platform clearance to 88.7%.
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24 Sep 2026

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China PVC diverges as domestic prices slip ahead of holidays while export lists edge higher

China’s PVC market displayed a sharp domestic-export divergence in the week to 24 September 2026. Local spot prices drifted lower under the weight of softer energy benchmarks and pre-holiday buyer apathy
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24 Sep 2026

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China PP, LLDPE export dip runs out of road as crude rebounds

China's polyolefin export offers have spent the week in a modest pullback, and by its close the correction was already losing force.
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24 Sep 2026

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China Morning Snapshot – 24 September 2026

The futures found tentative footing, lifted by a rebound in crude oil and renewed optimism over US-China trade relations, even as pre-holiday caution and thin trading volumes kept a lid on the broader market. The two forces are pulling in opposite directions, and which one wins out is far from settled.
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