US LLDPE film slumps to test China’s pricing floor, prompting selective buying

23 Jun 2026 A fresh wave of aggressively priced US-origin cargoes pushed China’s import LLDPE film market to a four-month low this week

23 Jun 2026

Shenhua Auction: Deep LLDPE discounts capture complete clearance as PP complex languishes

Sustained downward pressure across Dalian paper markets forced a highly bifurcated post-holiday trading session on Tuesday, allowing targeted baseline concessions to engineer a complete structural clearance in the LLDPE sector, while leaving the PP complex mired in a severe demand deficit.

23 Jun 2026

Saudi major cuts July PE offers to Vietnam as Iran war premium evaporates and market sentiment deteriorates

A major Saudi Arabian producer has unveiled July PE shipment offers to Vietnam with steep month-on-month reductions across all grades, underscoring the rapid unwinding

23 Jun 2026 SPVC k67-68 SPVC (A) k67-68

Chinese PVC market wipes out March gains as weak demand and upstream slump sap sentiment

The Chinese PVC market has surrendered all gains accumulated during the March rally, with the latest round of price reductions dragging values back to levels last seen in early February.

23 Jun 2026 LL C4 Film PPH Inj PPH Raf

China Morning Snapshot – 23 June 2026

Participants are watching closely whether a narrower PP-to-LLDPE premium can eventually draw buyers back off the sidelines.

22 Jun 2026

Shenhua Auction: Futures-led weakness widens the gap between LLDPE and PP

Monday’s auction session revealed a deepening divergence in the polyolefin market. While LLDPE continues to benefit from opportunistic, need-based replenishment, the PP complex is experiencing a structural demand fatigue, as downstream converters increasingly retreat from the market in anticipation of further price erosion.

22 Jun 2026

Indonesian major slashed prices across the board; obliterates previous isolated HDPE hikes amid deep-sea supply threats

Indonesia’s domestic polyolefin market extended its downward spiral on 20 June 2026, as detailed in the price list from the table.

22 Jun 2026 LL C4 Film PPH Inj PPH Raf

China Morning Snapshot – 22 June 2026

The move in futures dragged spot offers lower across both grades, with sellers cutting prices more aggressively on PP than LLDPE to match the futures spread.

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