01 Apr 2026 LL C4 Film PPH Raf
A severe structural discount of CNY 300/ton against the broader market engineered a near-total clearance for PE, while PP demand fractured amid persistent downstream caution.
01 Apr 2026
The increase in domestic inventories points to a persistently weak domestic consumption, with a significant share of volumes continuing to be channelled into export commitments rather than absorbed locally.
31 Mar 2026
Cargoes were offered at above prevailing spot indications, prompting buyers to withdraw and leaving the cargoes fully unsold.
Despite some increases, prices remained within the prevailing market range, allowing some deals to be concluded.
Malaysia’s polyolefin markets continue to push into uncharted territory, extending last week’s record highs as acute supply tightness tightens its grip.
The most pronounced shift emerged in the PE complex. After pausing increases earlier in the week to gauge downstream responses, the producer reversed course decisively.
31 Mar 2026 SPVC k67-68 SPVC (A) k67-68
Unlike other petrochemical chains disrupted by escalating Middle East tensions, PVC demand across Southeast Asia has remained subdued.
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