Nov 04, 2026 5:56 a.m.
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China Morning Snapshot – 26 August 2026
26 Aug 2026 The sharp correction came amid a weakening upstream energy complex and reports that Iran and Oman were closing in on a temporary solution for the Strait of Hormuz corridor, while the US resumed diplomatic efforts in the Middle East.
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25 Aug 2026

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Shenhua Auction: Competitive pricing and firmer futures lift buying interest across PP and LLDPE grades

Shenhua Baotou Coal Chemical Co., China’s largest coal-based polyolefins producer, recorded a notably stronger auction on 25 August 2026, with deal rates improving across all four offered grades
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25 Aug 2026

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Cost pressure bites: Taiwanese major hikes September PVC offers

Rising upstream costs have forced a major Taiwanese PVC producer to raise its September shipment offers to Asia, a move market participants had widely anticipated
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25 Aug 2026

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China Morning Snapshot – 25 August 2026

Market participants largely attributed the sharp decline to month-end inventory management, though sellers were quick to capitalise on the bullish signal. Domestic spot offers rose by CNY 50–100/ton from the previous session
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24 Aug 2026

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Statistics: China’s July PE apparent consumption breaks 3M tons as export collapse traps surplus resin

China’s apparent PE consumption rose to an estimated 3.06 million tons in July 2026, climbing 13.7% month-on-month to break above the 3.0-million-ton mark for the first time since the first quarter.
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24 Aug 2026

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Shenhua Auction: Expanded allocations and PE price hike test buyer appetite as new week opens

Faced with mixed paper cues and rising baseline thresholds, domestic converters adopted a cautious posture, maintaining disciplined, hand-to-mouth procurement as the new trading week got underway.
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24 Aug 2026

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Indonesian major hikes pricelist in back-to-back sessions as feedstock, logistics pressures mount

Buyer response has so far remained lukewarm, however, even as the broader supply picture shows early cracks that could narrow the window for buyers to secure shipments.
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24 Aug 2026

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China Morning Snapshot – 24 August 2026

Several producers are already flagging plans for an afternoon price hike, contingent on how the session develops.
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