Softer, range-bound PP and LLDPE January 2027 futures on the Dalian Commodity Exchange (DCE) weighed on Shenhua Baotou Coal Chemical Co.’s auction sentiment on Friday, keeping clearance rates below 40% across all three grades offered that attracted bids.
A particular Saudi-origin LLDPE film grade emerged as an unlikely standout in China's import PE market during the week to 16 October 2026, attracting aggressive buying interest that propelled prices above $1,400/ton
Unplanned plant shutdowns and production cuts tightened availability of certain brands and lifted offers by up to CNY 50/ton, yet the approaching winter slowdown, weak overseas enquiries and softer coal prices kept buyers cautious and capped the upside.