Oct 26, 2026 1:03 a.m.
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News Insight & Analysis

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China Morning Snapshot - 29 July 2026
29 Jul 2026 PP and LLDPE 2609 futures on the Dalian Commodity Exchange rebounded during the morning session on firmer crude oil prices, pulling both contracts out of a two-session slide.
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28 Jul 2026

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Statistics: China’s PVC exports retreat broadly; widespread production cuts curbs June output

China's PVC market entered June under mounting pressure, as a continued real estate slump and the onset of the southern rainy season eroded what is typically the sector's peak seasonal demand window.
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28 Jul 2026

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Shenhua Auction: Concessions offered as downstream caution persists into second trading session

Key PP and LLDPE futures contracts on the Dalian Commodity Exchange staying under pressure throughout the morning session, weighing on sentiment at the auction.
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28 Jul 2026

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China Morning Snapshot - 28 July 2026

The domestic spot market followed suit, with sellers trimming offers in an effort to stimulate buying interest, although purchasing activity remained subdued.
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27 Jul 2026

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Shenhua Auction: Softer crude and tumbling futures trigger near-total washout as buyers retreat

The primary catalyst for Monday's liquidity freeze was the rapid deterioration in upstream cost support. Following Friday’s retreat in crude oil futures, morning DCE PP and LLDPE contracts traded significantly lower
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27 Jul 2026

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China Morning Snapshot - 27 July 2026

Domestic spot offers followed futures and crude lower, though trading activity stayed thin as most buyers held back, waiting to see how far prices would fall before committing.
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25 Jul 2026

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Statistics: China’s fallback supplier status fades gradually in June; PP exports retreat from peak levels

China's PP market closed the second quarter of 2026 with a marked divergence between weakening domestic output and elevated, if gradually normalizing, export volumes.
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25 Jul 2026

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India's PVC import floor reshapes Southeast Asia as suppliers race to reprice market

India's decision to put a hard floor under its PVC import prices reverberated across Southeast Asia this week, repricing the market from the import counter down to the local distribution layer within a day
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