Apr 17, 2026 10:55 p.m.
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News Insight & Analysis

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Saudi major Advanced Petrochemical declares force majeure on Asian PP shipments amid Gulf conflict
02 Mar 2026 The Asian PP market is bracing for a severe supply shock following an official force majeure declaration from Advanced Petrochemical Company (APC) issued today.
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02 Mar 2026

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Saudi Aramco holds March LPG OSPs steady despite Juaymah disruption

Saudi Aramco has kept its official selling prices (OSPs) for March-loading liquefied petroleum gas (LPG) to Asia unchanged from February levels, a move that surprised parts of the market
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02 Mar 2026

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Indonesian major executes double price hikes on PP, PE as Middle East conflict paralyses import markets

A major Indonesian producer issued a cumulative double price hike on spot PP and PE over the weekend, abandoning its standard weekly pricing cycle
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02 Mar 2026

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China Morning Snapshot – 02 March 2026

China’s local spot market started the week with notable price strength, bouyed by firm crude oil levels and escalating tensions between the United States and Iran.
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02 Mar 2026

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Briefing: Iranian war drive fresh risk premium across the Asian petrochemical market

Rising military tensions between the United States, Israel, and Iran are injecting renewed volatility into global crude, oil, and petrochemical markets, driving prices sharply higher and intensifying concerns over Middle East supply security.
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27 Feb 2026

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Shenhua Auction: Sales hit a wall as deeper futures losses trigger pre-weekend retreat

The physical auction floor buckled on Friday as a deepening sell-off on the Dalian Commodity Exchange (DCE) systematically dismantled buyer confidence ahead of the weekend.
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27 Feb 2026

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Middle Eastern majors push aggressive March hikes in India; PP tightens while short trading cycle looms

Following a muted Lunar New Year period, Middle Eastern producers have returned to the Asian market with sizeable month-on-month increases for March PP and PE shipments.
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27 Feb 2026

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China–Vietnam price dislocation opens door to Middle Eastern LLDPE film re-exports

A widening price dislocation between China and Vietnam has triggered a fresh wave of arbitrage flows, with Middle Eastern LLDPE film cargoes being rerouted into Vietnam at sharply discounted levels.
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