Apr 17, 2026 9:29 p.m.
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China Morning Snapshot – 12 March 2026
12 Mar 2026 PP and linear LLDPE futures on the Dalian Commodity Exchange surged sharply and hit the daily upper limit during the morning session, reinforcing a fiercely bullish sentiment across the domestic market.
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12 Mar 2026

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Asian polymer markets descend into chaos as Iran war fuels force majeures and supplier pullbacks

Across the region, erratic price revisions, shipment delays, order cancellations and post-deal price hikes have become increasingly common as suppliers shift from price optimisation to aggressive risk containment.
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11 Mar 2026

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Shenhua Auction: Massive downward recalibration reopens arbitrage window, reviving fractured liquidity amid deep caution

The physical auction floor experienced a hesitant, fragmented recovery on Wednesday as the market attempted to find its footing after Tuesday's catastrophic zero-clearance event.
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11 Mar 2026

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Feedstock starvation and margin inversion cripple Chinese ethylene-based PVC operations

It could further tightens prompt Chinese PVC availability and amplifies downstream exposure to continued supply attrition.
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11 Mar 2026

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China Morning Snapshot – 11 March 2026

Adjustments were measured compared with earlier sessions, reflecting a cautious approach amid mounting concerns over potential supply constraints.
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10 Mar 2026

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Shenhua Auction: Total clearance failure as crude slump shatters DCE futures and collapses the arbitrage window

The Shenhua auction floor suffered a violent reality check on Tuesday, entirely derailed by a sharp downside reversal on the Dalian Commodity Exchange (DCE).
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10 Mar 2026

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Shandong Yulong Auction: Transactional paralysis grips the floor as PE quotas remain almost entirely unsold amid crude collapse

The market environment was actively dampened by the historic collapse in global crude oil benchmarks alongside a corresponding limit-down trajectory in domestic polymer futures earlier in the trading day.
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10 Mar 2026

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China Morning Snapshot – 10 March 2026

The May 2026 contracts (2605) on the Dalian Commodity Exchange suffered a violent reality check at Tuesday's opening bell, snapping a six-day hyper-inflationary streak.
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