Statistics: China PP consumption falls for the second consecutive month as output and imports declined

25 Jun 2026 China's PP consumption returned to growth in May 2026 after slumping to a multi-year low in April, as concerns over supply disruptions linked to the Strait of Hormuz continued to ease.

25 Jun 2026

Shenhua Auction: LLDPE broke below CNY 7,000 floor to trigger full clearance as PP complex freezes

For the first time since late February, domestic spot prices for LLDPE film broke below the CNY 7,000/ton mark, completely erasing the geopolitical premiums accumulated during the spring.

25 Jun 2026 PET Bottle

Chinese PET export benchmarks breached $1,000 threshold as feedstocks tank and Indian trade barriers expand

The Chinese PET bottle export market faced compounding structural pressure this week, forcing mainstream offers below the critical $1,000/ton FOB China threshold for the first time in months.

25 Jun 2026

China Morning Snapshot – 25 June 2026

Despite the latest round of discounts, participants saw little urgency to replenish inventories, and restocking appetite remained weak across the board.

24 Jun 2026 LL C4 Film

US LLDPE breach three-digit threshold in Indonesia as regional intake stalls

For the first time since the Strait of Hormuz blockade began, LLDPE film import prices in Indonesia have fallen to three-digit territory, as a wave of redirected Western supply meets reluctant buyers across Southeast Asia.

24 Jun 2026

Shenhua Auction: Plunging upstream benchmarks trigger demand retreat and renewed physical boycott

An accelerated unwinding of geopolitical risk premiums in the global crude complex transmitted aggressive downward velocity through Dalian paper markets on Wednesday, thoroughly dismantling physical polyolefin sentiment and triggering a renewed transactional boycott at Shenhua's morning auction.

24 Jun 2026 LL C4 Film PPH Inj PPH Raf

China Morning Snapshot – 24 June 2026

Persistent futures weakness, cautious buyer behavior, and unrelenting supply-side selling pressure leave polyolefin sentiment fragile, with no clear catalyst in sight to shift market momentum.

23 Jun 2026

Weaker upstream, rising supply set Malaysia’s PP and PE markets up for a soft July

Malaysia’s PP and PE markets are poised to enter July on a weaker footing, with buyers widely anticipating fresh price cuts

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