Jun 19, 2026 1:43 p.m.
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News Insight & Analysis

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China Morning Snapshot – 09 February 2026
09 Feb 2026 In the spot market, producers adjusted offers to align with the fragmented futures performance. With LLDPE contracts lagging behind PP, sellers introduced modest discounts on LLDPE cargoes
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06 Feb 2026

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Shenhua Auction: Mild futures rebound and discounted prices lift buying interest

The combination offered a brief window of value for buyers looking to secure material ahead of the weekend.
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06 Feb 2026

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Import PE crosses $900/ton mark in Vietnam on sentiment rally, market stays wary

Vietnam’s import PE market spearheaded the latest upswing across Southeast Asia, with regional and international suppliers pushing HDPE and LLDPE film offers above the $900/ton threshold
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06 Feb 2026

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China Morning Snapshot – 06 February 2026

Most buyers remained on the sidelines, and participants said enquiry levels, which were relatively active earlier in the week, have since faded.
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05 Feb 2026

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Shenhua Auction: Weaker futures dampen sentiment; auction uptake stumbles ahead of holiday

Shenhua’s auction platform faced a swift reversal in sentiment on Thursday, with uptake rates for prime grades retreating significantly from the near-full clearance seen in the previous session.
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05 Feb 2026

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Shandong Yulong Auction: Broad-based retreat in uptake; pre-sold LDPE attracts zero bids

Shandong Yulong’s latest auction session underscored a sharp deterioration in market confidence, with transaction volumes across both PP and PE grades collapsing to near-zero levels.
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05 Feb 2026

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Malaysian PE defies regional fatigue as delivery delays lift spot prices

Trading sentiment stayed bullish, underpinned by worsening delivery delays from major domestic producers, which pushed converters into the distribution market to secure prompt material.
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05 Feb 2026

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China Morning Snapshot – 05 February 2026

Buyer caution is deepening despite softer offers, reinforcing expectations that the market is entering its seasonal slowdown earlier than some had anticipated.
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