02 Jun 2026
Despite the absence of lower-priced cargoes that had previously stimulated buying interest, the producer successfully sold all 760 tons of PP homo yarn
Shandong Yulong’s auction on 2 June recorded mixed results, with need-based buying underpinning sales of selected PP and PE grades
Indonesia’s PP and PE markets remain firmly under pressure, with little indication that the downturn that began nearly two months ago is nearing an end.
The physical market, however, remained divided. PE sellers continued to trim offers amid sluggish trading activity and weak buyer participation
01 Jun 2026
PP and LLDPE futures on the Dalian Commodity Exchange both posted triple-digit gains by the close of the morning session — but the bullish signal translated very differently on the physical side.
While the curtailments have yet to engineer any meaningful recovery in market sentiment or prices, industry participants see them as a necessary step toward rebalancing supply and demand fundamentals.
Spot buyers in East China and North China held their ground against higher offer levels, preferring to wait for clearer demand signals before committing.
Don't have an account? Register