China Morning Snapshot – 08 April 2026

08 Apr 2026 Dalian Commodity Exchange most actively traded contracts, PP and LLDPE 2605 declined sharply after news of a temporary two-week ceasefire in US–Iran tensions, which triggered a significant drop in crude oil prices and weighed on overall market sentiment.

07 Apr 2026 LL C4 Film PPBC Inj PPH Raf

Shenhua Auction: Surging futures and UAE supply shocks drive near-total clearance

With major producers from the region already sidelining offers due to the ongoing geopolitical conflict, this latest disruption reinforced expectations of structural supply tightening and forced converters to aggressively secure physical volumes.

07 Apr 2026 LD Film LL C4 Film PPBC Inj PPH Raf

Shandong Yulong Auction: Defensive procurement drives flawless clearance amid geopolitical shock

Escalating Middle Eastern tensions triggered a fierce wave of defensive procurement on Tuesday, resulting in near-perfect clearance rates across the PP and PE complexes despite significant baseline price hikes.

07 Apr 2026

China Morning Snapshot – 07 April 2026

Futures jumped as oil prices climbed on escalating US Iran tensions, including a US deadline for Iran to reopen the Strait of Hormuz and threats of further strikes on Iranian civilian infrastructure if the waterway remains closed.

06 Apr 2026

Indonesian PVC surges to multi-year highs as supply shocks eclipse weak demand

The latest hikes have propelled spot levels to multi-year highs, as tightening supply and escalating upstream risks continue to outweigh subdued downstream demand.

04 Apr 2026 PET Bottle

Indonesia PET bottle market hits multi-year highs as supply shocks outweigh demand resistance

While downstream resistance is building, near-term direction remains firmly anchored to supply-side constraints ahead of the peak summer demand season.

04 Apr 2026 SPVC k67-68 SPVC (A) k67-68

Chinese PVC market splits on feedstock divergence, demand outlook remains cloudy

The Chinese PVC market ended the week to 3 April 2026 in a pronounced two-speed dynamic, with feedstock dislocation driving a sharp divergence between ethylene- and carbide-based pricing.

03 Apr 2026 LL C4 Film PPH Raf

Shenhua Auction: Firmer baseline hikes choke PP arbitrage as LLDPE clears fully on supply constraints

Firmer baseline hikes severely tested downstream risk appetite on Friday, triggering a divergent platform response as PE cleared fully on supply constraints while PP demand fractured ahead of the weekend.

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