Oct 25, 2026 10:11 p.m.
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News Insight & Analysis

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China PVC retreats as coal futures tumble and $1,200 ethylene fails to breach downstream demand freeze
18 Sep 2026 China’s PVC market edged lower in the week ending 18 September 2026, snapping a five-week rally. A sharp regulatory crackdown on coal futures dismantled cost support for the carbide route, while coastal ethylene-based producers remained trapped in steep negative margins against a resistant downstream sector.
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18 Sep 2026

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China Morning Snapshot – 18 September 2026

With supply still constrained, offers in the physical market have barely budged. Only a handful of smaller sellers trimmed prices, while the majority held firm, unwilling to chase the futures market lower.
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17 Sep 2026

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Shenhua Auction: Clearance halves on aggressive floor hikes as pre-holiday demand exhausts

Following Wednesday’s clean sweep, Shenhua Baotou Coal Chemical Co. lifted reserve thresholds across all prime grades, triggering severe downstream resistance that halved overall platform conversion to 50.8%.
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17 Sep 2026

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Indonesia’s producer recalibrates: PE follows regional uptrend in second-session revision

Indonesia’s sole domestic producer adjusted its commercial price list on the afternoon of 17 September, issuing a second session within hours of its initial morning release.
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17 Sep 2026

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Indonesian producer splits slate: PP lifts on illiquid squeeze as HDPE Blow breaks lower

The split highlights a stark market fracture: acute prompt scarcity is driving an illiquid PP rally, whereas absolute downstream margin exhaustion has forced an abrupt retreat in rigid PE packaging.
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17 Sep 2026 HD Film LD Film LL C4 Film

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Feedstock rally, regional curtailments and thin availability push Thai PE into Indonesia sharply higher

That standoff is shaping up as the market's real test. International suppliers have little reason to give ground while buyers elsewhere in the region are absorbing higher prices without much restraint.
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17 Sep 2026 PET Bottle

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China’s PET export offers pierce $1,200/ton in four-week rally as feedstock surge triggers liquidity freeze

Chinese PET bottle resin export offers extended gains for a fourth consecutive week, decisively piercing the $1,200/ton threshold under intense feedstock replacement pressure.
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17 Sep 2026

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China Morning Snapshot – 17 September 2026

Local sellers made mixed adjustments as futures slipped back into weaker territory, but demand stayed thin. Most buyers held to the sidelines, restricting purchases to small, need-based volumes.
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