Apr 17, 2026 6:26 p.m.
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News Insight & Analysis

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China Morning Snapshot – 09 April 2026
09 Apr 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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07 Apr 2026 LD Film LL C4 Film PPBC Inj PPH Raf

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Shandong Yulong Auction: Defensive procurement drives flawless clearance amid geopolitical shock

Escalating Middle Eastern tensions triggered a fierce wave of defensive procurement on Tuesday, resulting in near-perfect clearance rates across the PP and PE complexes despite significant baseline price hikes.
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07 Apr 2026

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China Morning Snapshot – 07 April 2026

Futures jumped as oil prices climbed on escalating US Iran tensions, including a US deadline for Iran to reopen the Strait of Hormuz and threats of further strikes on Iranian civilian infrastructure if the waterway remains closed.
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06 Apr 2026

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Indonesian PVC surges to multi-year highs as supply shocks eclipse weak demand

The latest hikes have propelled spot levels to multi-year highs, as tightening supply and escalating upstream risks continue to outweigh subdued downstream demand.
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