13 Oct 2026
Lower auction pricing offered workable discounts against firmer domestic spot offers, reviving buyer participation across core grades despite acute downstream margin compression.
Chinese PP and PE markets held firm on Tuesday, as local producers, mostly reporting no sales pressure, showed little interest in cutting prices even though futures softened toward the end of the morning session.
A key Malaysian producer has announced fresh November LDPE shipment offers to Vietnam with modest increases of $20–60/ton from its October price list, marking its third consecutive monthly hike.
13 Oct 2026 PPH Raf
The uptrend was already firmly established before Golden Week, but an unusually modest holiday inventory build-up accelerated the advance when Chinese markets reopened.
The weak offtake has not translated into broad discounting, however. Local offers tracked the futures and stayed largely firm, even as futures softened late in the morning session.
12 Oct 2026
DCE polyolefin futures retreated after early morning gains on Monday, cooling speculative momentum and pulling Shenhua Baotou Coal Chemical Co.’s aggregate auction clearance down to 75.2%.
The upswing in Chinese PP and PE markets appeared to moderate on Monday, the first trading day of the week, as Dalian futures traded mixed and producers held spot homo-PP prices unchanged while lifting LLDPE film by another CNY100–150/ton.
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