China Morning Snapshot – 03 February 2026

03 Feb 2026 Market sources indicate that destocking among major domestic producers is likely to accelerate in the coming days, driven by narrowing delivery windows

02 Feb 2026

Shenhua Auction: Weaker futures weighed on auction participation

With Spring Festival travel now underway, market participants are closely tracking downstream operating rates to assess whether demand would continue to weaken in the near term.

02 Feb 2026

China Morning Snapshot – 02 February 2026

China’s PP and PE markets came under renewed pressure on Monday morning, tracking sharp losses in futures amid a broad-based selloff across equities and base metals.

30 Jan 2026

Indonesian PP block copo market rises to five-month peak; buyers push back

The Indonesian PP block copolymer market extended its rally for a seventh consecutive week, reaching levels not seen since August 2025.

30 Jan 2026 PET Bottle

Chinese suppliers trimmed PET bottle export offers to offset holiday-hit home demand

Momentum, however, began to fade by mid-week as sellers recalibrated pricing strategies to stimulate export interest and compensate for a visible slowdown in domestic restocking ahead of the Lunar New Year holiday.

30 Jan 2026

China Morning Snapshot – 30 January 2026

Domestic sellers largely held offer levels steady, reflecting relief from immediate inventory pressures. Some producers paused active selling to reassess near-term market direction before releasing fresh price lists.

29 Jan 2026

Shenhua Auction: Monthly cargo allocation exhausted early amid rallies

Recent strong buying momentum in China’s polyolefin market has seen Shenhua’s monthly allocations for homo-PP and LLDPE film fully sold out one day ahead of the final trading session of January 2026.

29 Jan 2026

Shandong Yulong Auction: On-spec LDPE film emerges; PP deals outpace PE

Shandong Yulong wrapped up its final auction session of the week with PP continuing to outperform PE, underscoring a sustained divergence in demand between the two product groups.

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