Jun 19, 2026 3:58 a.m.
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News Insight & Analysis

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Asia’s polyolefin divergence deepens as aggressive Chinese export cuts fail to stimulate side-lined buyers
16 Jun 2026 Renewed selling pressure rippled through China's petrochemical markets on 16 June, driving an aggressive export campaign as domestic futures plunged and local demand stalled.
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15 Jun 2026

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Strait of Hormuz reopening stirs fresh downside risks for the Asian polyolefin market

For an Asian polyolefin complex already grappling with weeks of subdued demand, the geopolitical de-escalation has reinforced rather than reversed the prevailing bearish bias.
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15 Jun 2026

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Shenhua Auction: Bearish macro plunge and rigid baselines engineer deep structural boycott

A plunging macroeconomic paper environment colliding with rigid physical baselines triggered a severe structural boycott across the Shenhua platform on Monday, locking the physical market in a defensive stalemate.
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15 Jun 2026

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Indonesian major surrenders PP stance, extends PE cuts amid peace talks and holiday lull

The domestic major abandoned its previous week's attempt to stabilize the PP sector, enacting sharp downward revisions across all PP grades while continuing to lower its LLDPE offers.
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15 Jun 2026 LL C4 Film PPH Raf

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China Morning Snapshot – 15 June 2026

A wait-and-see mood gripped the market as crude and futures tumbled in response to a major geopolitical shift, with the announcement of a 60-day ceasefire between the US and Iran and the reopening of the Strait of Hormuz dragging on sentiment.
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12 Jun 2026

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Shenhua Auction: Plunging crude strips pricing power as pre-weekend caution paralyses PP engagement

A plunging crude oil complex severely fractured physical polyolefin engagement on Friday, forcing downstream converters into a defensive weekend posture and breaking the week's sustained momentum for mainstream PP allocations.
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12 Jun 2026 PET Bottle

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Indonesian PET bearish correction enters second month as unravelling crude premium drives down from May peak

The Indonesian PET bottle market extended its downward trajectory in the week to 11 June 2026, officially entering its second consecutive month of bearish price correction.
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12 Jun 2026 PPH Inj PPH Raf

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India PP market ticks up on shortage precaution as domestic producers go offline

The immediate catalyst was a series of production outages at facilities belonging to a major Indian producer, which has been forced offline by an acute feedstock shortages.
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