China Morning Snapshot – 12 May 2026

12 May 2026 Sellers drew added support from the ongoing plant maintenance season, with production cuts at several PP facilities tightening supply expectations and widening the price differential between PP and PE.

11 May 2026 HD Film LL C4 Film LL Inj PPBC Inj PPH Raf

Shenhua Auction: Firmer futures support PP clearances while seasonal headwinds stall LLDPE

Near-total clearances across the PP complex were recorded on Monday as recovering paper markets stimulated demand, while LLDPE allocations were ignored amid regional agricultural off-season headwinds.

11 May 2026 HD Film LL C4 Film PPH Raf

Indonesian major moderates spot price cuts but trims contract levels as market seeks stability

Indonesia’s polyolefin market is exhibiting early signs of stabilization following a steep corrective phase.

11 May 2026

China Morning Snapshot – 11 May 2026

PP and LLDPE 2609 contracts on the Dalian Commodity Exchange snapped back sharply in the morning session, driven by a recovery in crude oil prices after President Donald Trump rejected Iran's latest response to his Middle East ceasefire proposal, prolonging the effective closure of the Strait of Hormuz and lifting energy sentiment across the board.

08 May 2026 HD Film LL C4 Film PPH Raf

Shenhua Auction: Discounted baselines restore PP clearances while PE engagement remains fractured

Discounted baselines restored PP clearances to over 90% on Friday, while PE engagement remained fractured amid comfortable supply and easing geopolitical premiums.

08 May 2026 PET Bottle

Indonesian PET floor hardened at IDR 24 million as import paralysis threatens downstream substitution

The Indonesian PET bottle market solidified its upward trajectory this week, driven by an acute absence of prompt spot prices and mounting forward-import risks.

08 May 2026

China Morning Snapshot – 08 May 2026

More sellers trimmed prices to draw buyers, though the cuts remained shallow, and neither move generated much traction.

07 May 2026 HD Film LL C4 Film PPH Raf

Shenhua Auction: Severe structural rejection triggered by misaligned pricing and falling futures

A severe structural rejection was recorded across the platform on Thursday as elevated baselines clashed with a sharply declining paper market and cheaper spot alternatives.

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