Feb 04, 2026 10:21 a.m.
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China Morning Snapshot – 21 January 2026
21 Jan 2026 China’s domestic market opened 21 January in a guarded mood, with spot activity muted as participants balanced uneven futures cues against the fading momentum of the earlier rebound.
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20 Jan 2026

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Shenhua Auction: Bargain-hunting supports PP Yarn as LLDPE sentiment fractures under futures pressure

Second, the market is currently experiencing “buyer's exhaustion." After two weeks of aggressive pre-holiday restocking, many converters and traders find their inventories sufficiently covered
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20 Jan 2026

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Shandong Yulong Auction: Deals remain soft amid pullback in sentiment

Market participants linked the subdued participation to cautious spot-market sentiment, compounded by recent futures pullbacks that have restrained appetite among larger buyers.
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20 Jan 2026

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Chinese PP export offers pared back amid softer domestic mood

The Chinese PP export market opened the week on a softer footing, with at least two major producers trimming offers in response to a continued cooling in domestic sentiment.
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20 Jan 2026

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China Morning Snapshot – 20 January 2026

The persistent downturn in futures triggered another round of spot price cuts by local producers, broadly tracking the futures weakness. LLDPE film bore steeper concessions than homo-PP
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19 Jan 2026

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Shenhua Auction: Robust liquidity persists as logistical risks offset softer futures sentiment

The session operated against a backdrop of softening DCE futures, which struggled to find a clear direction during the morning bidding window. However, this macro-level hesitation was offset by mounting supply-chain risks.
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19 Jan 2026

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Indonesian major extends polyolefin price hikes amid currency volatility and regional spillover

A major Indonesian petrochemical producer rolled out across-the-board increases in its latest weekly polyolefin price list, effective 17 January 2026, breaking from the relative stability seen in recent weeks—particularly in the PE segment.
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19 Jan 2026

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China Morning Snapshot – 19 January 2026

Buying activity remained largely defensive, with a handful of converters procuring only on a hand-to-mouth basis as the broader market waited
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