06 Mar 2026
While PP and LLDPE futures initially opened weaker, testing the market's resolve, a sustained mid-morning rally quickly dismantled any lingering buyer hesitation and reinstated aggressive procurement strategies ahead of the weekend.
06 Mar 2026 PPH Inj PPH Raf
Offers to India have surged past $1,300/ton as the escalating conflict in the Gulf and the shutdown of civilian traffic through the Strait of Hormuz sharply inflate supply costs.
The rapid rally has begun to encounter growing buyer resistance in the domestic market.
05 Mar 2026
The Singapore-based producer said the geopolitical instability has materially disrupted Strait of Hormuz, restricting access to essential feedstock.
The physical auction floor regained its aggressive footing on Thursday, firmly supported by a resilient morning run on the Dalian Commodity Exchange (DCE).
Some grades were fully sold out despite the auction price rising by CNY 390/ton from the previous session on Tuesday.
QatarEnergy has announced a complete suspension of liquefied natural gas (LNG) production and related downstream products, including urea, polymers, methanol, and aluminium
Don't have an account? Register