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.
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.