Sep 19, 2026 10:30 p.m.
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News Insight & Analysis

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China Morning Snapshot – 23 June 2026
23 Jun 2026 Participants are watching closely whether a narrower PP-to-LLDPE premium can eventually draw buyers back off the sidelines.
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22 Jun 2026

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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.
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22 Jun 2026

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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.
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22 Jun 2026 LL C4 Film PPH Inj PPH Raf

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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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19 Jun 2026 PPH Inj PPH Raf

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Vietnam PP market caves as record-low South Korean deal resets new floor

The market is now on a nosedive after a relatively steady start to the week, with sellers initially resisting knee-jerk cuts following the US-Iran peace accord even as buyers pushed for deeper discounts.
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19 Jun 2026

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South Korean PE triggers fresh slide in Vietnam as upstream plunges and supply concerns ease

South Korean PE cargoes accelerated the downward correction in Vietnam during the week ending 19 June 2026, as improving supply prospects prompted producers to aggressively liquidate inventories.
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19 Jun 2026

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North American PE cargoes arrive in Asia early as producers race to clear surplus volumes

North American PE has arrived in Asia months ahead of schedule, and the scale of the push is unmistakable. At least four international trading houses circulated US and Canadian-origin HDPE and LLDPE offers this week
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19 Jun 2026

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LLDPE film surrenders premium to HDPE in Indonesia amid deep-sea contagion and geopolitical deflation

This structural inversion, driven by a collapsing deep-sea import floor and highly divergent localised fundamentals, is starkly visible within domestic spot offers where prompt LLDPE film has dropped beneath the HDPE baseline.
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