Jun 19, 2026 9:31 a.m.
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News Insight & Analysis

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China Morning Snapshot – 02 April 2026
02 Apr 2026 A sharp rebound in Chinese polyolefin futures lifted domestic spot offers, but physical trading stalled as cautious downstream converters retreated to the sidelines.
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02 Apr 2026 Butane Propane

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Aramco hikes April LPG prices to Asia by 38% on global supply squeeze

The escalation of conflict in the Middle East has triggered one of the most severe energy supply disruptions in decades, driving prices to multi-year highs.
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01 Apr 2026 LL C4 Film PPH Raf

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Shenhua Auction: Deep discounts and constrained availability trigger aggressive LLDPE drawdown

A severe structural discount of CNY 300/ton against the broader market engineered a near-total clearance for PE, while PP demand fractured amid persistent downstream caution.
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01 Apr 2026

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China Morning Snapshot – 01 April 2026

The increase in domestic inventories points to a persistently weak domestic consumption, with a significant share of volumes continuing to be channelled into export commitments rather than absorbed locally.
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31 Mar 2026

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Shenhua Auction: No deals as falling futures and high prices deter buyers

Cargoes were offered at above prevailing spot indications, prompting buyers to withdraw and leaving the cargoes fully unsold.
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31 Mar 2026

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Shandong Yulong Auction: Moderate uptake as competitive pricing draws cautious buying

Despite some increases, prices remained within the prevailing market range, allowing some deals to be concluded.
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31 Mar 2026

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Malaysia’s PP and PE markets extend rally as supply crunch deepens

Malaysia’s polyolefin markets continue to push into uncharted territory, extending last week’s record highs as acute supply tightness tightens its grip.
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31 Mar 2026

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Indonesian major ends PE pause, delivers sweeping consecutive-day PP and PE hikes amid cost surge

The most pronounced shift emerged in the PE complex. After pausing increases earlier in the week to gauge downstream responses, the producer reversed course decisively.
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