Nov 04, 2026 3:12 a.m.
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News Insight & Analysis

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Shenhua Auction: Dalian retreat curbs liquidity as buyers reject aggressive floor hikes
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%.
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12 Oct 2026

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Market Flash - 12 October 2026

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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12 Oct 2026

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China-led rally lifts Vietnam PP, PE offers past $1,400/ton, but buyers refuse to chase

Rising energy and monomer costs carried China’s post-holiday rally into Vietnam on Monday, 12 October. Regional suppliers lifted homo-PP and LLDPE film offers above $1,400/ton CIF
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12 Oct 2026

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China Morning Snapshot – 12 October 2026

January 2027 PP and LLDPE contracts on the Dalian Commodity Exchange opened firmer, breaking above last week's levels before retreating through the morning session. Participants largely read the reversal as a technical correction after the recent run-up rather than a shift in fundamentals, but it cooled enthusiasm across domestic spot markets.
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09 Oct 2026

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Upstream spikes and outages sharply propel post-holiday China PET market; but buyers remains calm

China’s PET bottle market emerged from the Golden Week holiday caught between upstream cost momentum and a buy side unwilling to validate it. Surging futures and firmer crude oil dragged offers sharply higher, yet converters declined to follow, wary of paying elevated levels while a deep correction remains a risk.
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09 Oct 2026

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Shenhua Auction: Homo-PP yarn breaches five digits as futures rally fuels 93% clearance

DCE polyolefin futures extended their post-holiday rally on Friday morning, propelling Shenhua Baotou Coal Chemical Co. to a 93.0% aggregate auction clearance.
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09 Oct 2026

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Market Flash - 09 October 2026

Chinese PP and PE markets extended their upward run through Friday morning as key futures contracts on the Dalian Commodity Exchange rallied further, pulling domestic spot offers up by another CNY200–300/ton.
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09 Oct 2026

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Chinese polyolefin market resumes on a firm note; lean holiday stockpile fuels post-Golden Week rally

A significantly smaller-than-expected accumulation in state inventories, coupled with surging Dalian Commodity Exchange (DCE) futures and Brent crude anchored above $100/bbl, spurred domestic suppliers to enforce steep price increases across spot PP and PE.
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