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News Insight & Analysis

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Shenhua Auction: Aggressive baseline corrections fail to salvage liquidity amid peak pricing fears
09 Apr 2026 Aggressive baseline corrections failed to salvage platform liquidity on Thursday as cautious downstream buyers, wary of a cyclical peak, largely rejected the offerings amid softening macroeconomic cues.
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09 Apr 2026 PPBC Inj PPH Inj PPH Raf PPH Thinwall

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Shandong Yulong Auction: Transactional collapse as ceasefire prospects erode geopolitical premium

Prospects of ceasefire developments dissolved the market's defensive procurement posture on Thursday, resulting in near-total buyer rejection as elevated auction baselines collided with softening spot sentiment.
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09 Apr 2026

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Indonesian major lifts pricelist despite crude oil drop amid market tug-of-war

Buyer response has remained cautious amid a tug-of-war between reluctance to sell at lower prices and hesitation to buy at higher levels, as it is increasingly difficult to justify the rationale to the end of the supply chain.
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09 Apr 2026

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China Morning Snapshot – 09 April 2026

The market has trended slightly lower, though the downside remains limited as the durability of the ceasefire agreement continues to be questioned.
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08 Apr 2026 LL C4 Film PPBC Inj PPH Raf

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Shenhua Auction: Ceasefire triggers macro reversal, collapsing liquidity against inflated baselines

A temporary Middle East ceasefire triggered a sharp macroeconomic reversal, collapsing platform liquidity as downstream buyers categorically rejected Shenhua’s inflated baselines.
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08 Apr 2026

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Chinese PP and PE exports to Southeast Asia surged past $1,400/ton amid escalating geopolitical risk

Data from CommoPlast showed that price lists as of Tuesday, 7 April 2026, no longer featured cargoes below $1,400/ton, effectively resetting the market floor to a new high.
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08 Apr 2026

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China Morning Snapshot – 08 April 2026

Dalian Commodity Exchange most actively traded contracts, PP and LLDPE 2605 declined sharply after news of a temporary two-week ceasefire in US–Iran tensions, which triggered a significant drop in crude oil prices and weighed on overall market sentiment.
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07 Apr 2026 LL C4 Film PPBC Inj PPH Raf

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Shenhua Auction: Surging futures and UAE supply shocks drive near-total clearance

With major producers from the region already sidelining offers due to the ongoing geopolitical conflict, this latest disruption reinforced expectations of structural supply tightening and forced converters to aggressively secure physical volumes.
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