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China Morning Snapshot - 21 August 2026
21 Aug 2026 Market players largely attributed previous session's price retreat to technical adjustment rather than a shift in fundamentals, and with crude and futures markets strengthening again today, local sellers held offers steady rather than chasing the move lower.
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20 Aug 2026

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Shenhua Auction: Softer paper cues and local spot discounting cool deal conversion across polymer grades

The softening in paper contracts triggered a wave of price discounting across domestic distribution hubs, immediately dampening procurement sentiment and narrowing the competitive advantage previously enjoyed by coal-to-olefin auction parcels.
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20 Aug 2026 PET Bottle

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China’s PET export offers break higher on upstream rally and MEG squeeze as buyers resist cost-push spikes

Chinese PET bottle resin export offers surged this week, breaking out of their multi-week consolidation on the back of sustained crude oil gains and mounting upstream feedstock costs.
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20 Aug 2026

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China Morning Snapshot — 20 August 2026

PP and LLDPE futures on the Dalian Commodity Exchange (DCE) retreated through Thursday’s morning session, halting an uninterrupted two-week rebound.
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19 Aug 2026

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Shenhua Auction: Firm paper cues and prompt-cargo demand ignite 100% PP sell-out despite steeper offers

Strong paper market sentiment provided solid cost-push support, encouraging domestic buyers to actively absorb auction parcels despite further upward revisions in starting thresholds.
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19 Aug 2026

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Cost push lifts Malaysia PVC offers as buyers resist higher ground

The Malaysian import PVC market tracked broader regional firmness this week as escalating upstream energy benchmarks and monomer feedstock costs compelled suppliers to lift nominal offer levels.
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19 Aug 2026

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China Morning Snapshot — 19 August 2026

PP and linear LLDPE September 2026 futures on the Dalian Commodity Exchange (DCE) extended their upward momentum through Wednesday’s morning session, with both January 2027 contracts climbing more than CNY 100/ton.
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18 Aug 2026 HD Film LL C4 Film

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Vietnam's domestic PE firmed as elevated Saudi offers and open-ended shipping risks choke replacement channels

Vietnam’s domestic PE market firmed visibly on Tuesday as crude oil surged past $90/barrel and fresh Middle Eastern import offers emerged with steep price hikes and onerous logistical clauses.
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