Jun 19, 2026 10:53 a.m.
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Whipsawing Chinese PP exports into SEA drives uncertainty, stalls buying interest
25 Mar 2026 The Southeast Asian import homo-PP market opened the week in disarray, as violent swings in the energy complex and erratic pricing from Chinese suppliers eroded already fragile buying confidence.
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25 Mar 2026

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Shenhua Auction: Massive spot discounts choke the arbitrage window, triggering transactional paralysis

PP and LLDPE futures on the Dalian Commodity Exchange trended firmly lower throughout the morning, pressured by softening global crude oil markers and expectations of easing US-Middle East geopolitical tensions.
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25 Mar 2026

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Indonesian PP, PE market reopens on double price hikes from key producer

A major domestic producer has re-entered the market roughly three weeks after declaring force majeure, easing immediate supply pressure but stopping short of a full normalisation.
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25 Mar 2026

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China Morning Snapshot – 25 March 2026

The shift in sentiment weighed heavily on the contracts, with the decline quickly spilling into the spot market and prompting domestic sellers to implement aggressive markdowns across both PP and PE offers to realign with falling futures.
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24 Mar 2026

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Shenhua Auction: Futures dip while prices gain fail to spark broader buying

Transactions were largely driven by traders fulfilling export orders, rather than downstream restocking, highlighting a tactical approach in an unsettled market.
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24 Mar 2026

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Shandong Yulong Auction: Modest uptake on need-based buying; caution prevails

Analysts noted that limited auction volumes may understate broader market sentiment, with actual buying activity concentrated among price-sensitive players.
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24 Mar 2026

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Import PE rallies sharply in Vietnam, LDPE film touches $2000/ton threshold

While bullish sentiment had been building, the scale of the latest offers from key overseas producers exceeded market expectations, signalling a more acute supply squeeze than previously priced in.
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24 Mar 2026

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China Morning Snapshot – 24 March 2026

Participants are still primarily monitoring futures signals and geopolitical developments, which will likely define trading dynamics and price direction in the near term.
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