China Morning Snapshot – 16 January 2026

16 Jan 2026 In response to the downward pressure from the futures market and increasingly subdued buying interest, the majority of local producers have adjusted their spot offers lower.

15 Jan 2026

Shandong Yulong Auction: Deals weaken sharply as local sentiment cools

The primary friction point during today’s session was the producer's decision to maintain the firm price levels established during Tuesday’s bullish peak.

15 Jan 2026

China Morning Snapshot – 15 January 2026

Despite the softer tone in futures trading during the morning session, local producers largely maintained price increases from the previous day.

14 Jan 2026

Shenhua auction: Firm market sentiment supports PP, LLDPE as cargoes sell out

The continued rallying futures market, coupled with supportive spot sentiment, underpinned strong demand at the Shenhua auction, where all offered cargoes were fully cleared.

14 Jan 2026

Indonesia PP extends recovery on supply cuts; PE pricing decouples from region

Unlike the muted response seen in the prior week, buyers have shown better acceptance, signalling a notable shift in market psychology.

14 Jan 2026

China’s local LDPE film surges over $100/ton in two weeks; overheating fears emerge

Although the segment lagged the initial recovery seen elsewhere in the petrochemical complex, prices have since accelerated sharply, underpinned by modest demand improvement and mounting concerns over potential supply disruptions.