A strategic pivot to inject larger PE volumes onto the public auction floor was met with profound transactional apathy on Tuesday, as buyers bypassed rigid baselines in favour of flexible spot alternatives.
Shenhua’s latest auction cleared fully for both PP and LLDPE cargoes, supported by a firmer tone in Dalian Commodity Exchange 2605 contracts, which opened stronger after ending the previous week on a softer footing.
The Indonesian PET market extended its rally in the week to 10 April 2026, climbing to fresh highs despite mounting downstream resistance. Firm pricing was underpinned by persistent supply constraints and elevated upstream costs across the region.