Nov 04, 2026 1:23 a.m.
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News Insight & Analysis

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Taiwanese PVC major raises November offers yet Diwali lull and regional competition curb uptake
03 Nov 2026 The major raised its first November export offers across Asia for a seventh consecutive round, but buyers remain resistant to higher prices as weak end-product demand and more competitive alternatives limit purchasing interest.
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03 Nov 2026

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Shenhua Auction: Higher reserves face buyer resistance as futures and crude soften

Sharp morning drops in Dalian Commodity Exchange (DCE) PP and LLDPE futures—alongside weaker crude oil prices—dragged prime-grade clearance down to 0.0%–43.6% (39.4% overall) at Shenhua Baotou Coal Chemical Co.’s Tuesday auction.
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03 Nov 2026

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China Morning Snapshot – 03 November 2026

The futures correction weakened market sentiment and prompted domestic suppliers to adjust spot offers lower, although buying interest remained subdued as participants assessed the latest movement in energy markets.
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02 Nov 2026

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Shenhua Auction: Lower price increases draw strong buying for PP and LLDPE

Because this increase was smaller than the price jumps seen in the local spot market, buyers quickly stepped in, purchasing nearly all available PP and LLDPE lots.
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02 Nov 2026

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Indonesia’s polyolefins extend rally as tight prompt supply and cost pressure bolster major’s fifth consecutive hike

The latest round of hikes reflects producers' ability to push through higher offers amid constrained spot availability, although the extent of further increases could increasingly test buyers' price tolerance.
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02 Nov 2026

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Hormuz mine strike, $117 Brent, and heating demand drive Saudi major’s fourth LPG hike

The revision marks a fourth consecutive monthly increase from the Saudi state producer since August, accumulating four-month gains of $140/ton on propane and $180/ton on butane.
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02 Nov 2026

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China Morning Snapshot – 02 November 2026

Despite the softer futures contract, domestic sellers maintained firm offers, supported by further price increases from local producers.
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31 Oct 2026

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China’s PET bottle market rebounds on firm crude, testing cyclical ceiling amid winter lull

China’s PET bottle market rebounded this week after two weeks of post-Golden Week corrections, as firm crude oil prices lifted upstream PX and PTA costs.
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