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News Insight & Analysis

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China Morning Snapshot – 02 March 2026
02 Mar 2026 China’s local spot market started the week with notable price strength, bouyed by firm crude oil levels and escalating tensions between the United States and Iran.
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02 Mar 2026

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Briefing: Iranian war drive fresh risk premium across the Asian petrochemical market

Rising military tensions between the United States, Israel, and Iran are injecting renewed volatility into global crude, oil, and petrochemical markets, driving prices sharply higher and intensifying concerns over Middle East supply security.
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27 Feb 2026

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Shenhua Auction: Sales hit a wall as deeper futures losses trigger pre-weekend retreat

The physical auction floor buckled on Friday as a deepening sell-off on the Dalian Commodity Exchange (DCE) systematically dismantled buyer confidence ahead of the weekend.
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27 Feb 2026

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Middle Eastern majors push aggressive March hikes in India; PP tightens while short trading cycle looms

Following a muted Lunar New Year period, Middle Eastern producers have returned to the Asian market with sizeable month-on-month increases for March PP and PE shipments.
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27 Feb 2026

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China–Vietnam price dislocation opens door to Middle Eastern LLDPE film re-exports

A widening price dislocation between China and Vietnam has triggered a fresh wave of arbitrage flows, with Middle Eastern LLDPE film cargoes being rerouted into Vietnam at sharply discounted levels.
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27 Feb 2026

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China Morning Snapshot – 27 February 2026

The sharp pullback in futures weighed on market sentiment ahead of the weekend, prompting cautious trading across both futures and spot markets.
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26 Feb 2026

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Shenhua Auction: Buying activities weaken as softer futures weigh on sentiment

The physical auction floor saw a noticeable retreat in buying appetite on Thursday, tethered tightly to a softer morning run on the Dalian Commodity Exchange (DCE).
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26 Feb 2026

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Shandong Yulong Auction: PP cargoes left unsold in first session back post-holiday

Weak sentiment dominated the session, leaving all offered volumes unsold.
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