Oct 26, 2026 12:18 a.m.
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News Insight & Analysis

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China Morning Snapshot - 07 August 2026
07 Aug 2026 PP and LLDPE September 2026 futures on the Dalian Commodity Exchange (DCE) rallied sharply through Friday’s morning session, taking direct cues from an overnight surge in upstream crude benchmarks after Iranian lawmakers proposed barring hostile vessels from the Strait of Hormuz.
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06 Aug 2026

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Shipping risks halt Saudi Aramco's LPG price slide, driving August hike

Escalating shipping risks across the Middle East prompted Saudi Aramco to raise its August liquefied petroleum gas (LPG) official selling prices (OSP), snapping a two-month run of declines.
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06 Aug 2026

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Shenhua Auction: Discounted offers spark mild LLDPE recovery as overall sentiment stays muted

Paper market contracts diverged during the recovery, with LLDPE showing greater strength than PP—a trend that directly mirrored performance on the physical auction floor.
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06 Aug 2026

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Saudi HDPE film discounts revive China buying amid selective restocking

Trading activity, however, gained fresh momentum on 5 August after a major Saudi Arabian producer introduced a sharp discount on prompt cargoes, drawing buyers back into the market.
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06 Aug 2026

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Indonesia major slashed PP prices for third time this week as dropped anti-dumping duties deepen market gloom

Indonesia’s dominant domestic producer executed its third price revision of the week on Thursday, issuing another reduction across all PP grades while leaving PE prices unchanged.
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06 Aug 2026 PET Bottle

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China’s PET export offers faltered under $1,000/ton threshold as crude roller-coaster triggers sharp mid-week retreat

The market's rapid correction directly mirrored violent swings in energy benchmarks, where a two-day crude collapse drained geopolitical risk premiums from paper markets.
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06 Aug 2026

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China Morning Snapshot - 06 August 2026

PP and LLDPE 2609 futures on the Dalian Commodity Exchange (DCE) opened on a significantly weak note but managed a mild rebound through the morning session, with LLDPE recovering slightly more ground than PP.
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05 Aug 2026 LL C4 Film PPH Raf

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Shenhua Auction: Higher baseline offers and retreating futures trigger LLDPE washout, sap PP demand

PP and LLDPE futures on the Dalian Commodity Exchange (DCE) softened significantly on Wednesday, eroding the brief momentum generated in the previous session and casting a bearish shadow over spot market procurement.
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