China Morning Snapshot – 25 May 2026

25 May 2026 The sharp drop in futures did, however, open a narrow window for arbitrage traders, who were able to offer slightly deeper discounts and more negotiable terms, drawing a limited number of small-volume, need-based purchases from downstream customers.

20 May 2026

China Morning Snapshot – 20 May 2026

Trading sentiment noticeably improved during the morning, though the pickup in inquiries has yet to translate into broad-based buying.

19 May 2026 HD Film LL C4 Film PPBC Inj PPH Raf

Shenhua Auction: PP deals outperform PE amid divergent futures trend

The firmer PP futures tone fed directly into Shenhua's auction, where all PP cargoes sold out in full. PE cargoes, by contrast, posted a weaker sales performance, underscoring the growing gap in near-term sentiment between the two polymer markets.

19 May 2026

China Morning Snapshot – 19 May 2026

Despite the recovery in PP futures, buying appetite remained thin, keeping sellers from converting improved futures sentiment into actual price gains in the spot market.

18 May 2026 LL C4 Film PPBC Inj PPH Raf

Shenhua Auction: Macro rebound drives near-total clearances amid competitive pricing

Near-total clearances across both the PP and PE complexes were achieved on Monday as a concurrent rebound in global crude and paper markets engineered a highly competitive physical arbitrage window.

18 May 2026

Malaysian major slashes June LDPE offers to Vietnam amid faltering demand

A key Malaysian producer has released LDPE offers to Vietnam for June loading at steep discounts from its previous price announcement — the latest sign that demand weakness

18 May 2026 HD B/M HD Film HD Inj LL C4 Film LL Inj LL Rot Mold mPE C6 PPBC Inj PPH Film PPH Inj PPH Raf PPH Thermo

Indonesian major adjusts prices lower to align with distribution market and import levels

Indonesia’s polyolefin market saw further downward revisions on 18 May, as a major domestic producer issued new price adjustments across most of its portfolio.

18 May 2026

China Morning Snapshot – 18 May 2026

Downstream buyers largely sat on hands, unwilling to chase prices higher in a market where confidence remains fragile.

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