Jun 21, 2026 4:52 a.m.
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News Insight & Analysis

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China Morning Snapshot – 02 June 2026
02 Jun 2026 The physical market, however, remained divided. PE sellers continued to trim offers amid sluggish trading activity and weak buyer participation
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01 Jun 2026

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Shenhua Auction: Tight PP supply drives strong sell-through; PE buying interest stays subdued

PP and LLDPE futures on the Dalian Commodity Exchange both posted triple-digit gains by the close of the morning session — but the bullish signal translated very differently on the physical side.
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01 Jun 2026

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Chinese PVC producers cut rates amid deepening margin squeeze and demand malaise

While the curtailments have yet to engineer any meaningful recovery in market sentiment or prices, industry participants see them as a necessary step toward rebalancing supply and demand fundamentals.
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01 Jun 2026

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China Morning Snapshot – 01 June 2026

Spot buyers in East China and North China held their ground against higher offer levels, preferring to wait for clearer demand signals before committing.
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29 May 2026 HD Inj PPH Inj PPH Raf

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Shenhua Auction: Targeted baseline discounts secure strong month-end PP clearances

Near-total clearances for mainstream PP grades were achieved on Friday as targeted month-end baseline discounts captured immediate need-based procurement despite a weak paper market.
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29 May 2026 PPH Inj PPH Raf

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Chinese PP's regional dominance could crack under weight of returning suppliers and rising freight

With those supply constraints now gradually unwinding, alternative origins are re-entering regional trade lanes and exerting visible downward pressure on offer levels.
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29 May 2026 LL C4 Film PPH Raf

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China Morning Snapshot – 29 May 2026

Sellers across the market reported another day of sluggish activity, noting that even when additional negotiations and price concessions were on the table, buying interest stayed thin and few deals were concluded.
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28 May 2026 HD Inj PPH Inj PPH Raf

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Shenhua Auction: Deep homo-PP injection discounts secure full clearance amid subdued pre-weekend demand

A full structural clearance for homo-PP injection was achieved on Thursday driven by substantial baseline concessions, while wider platform engagement softened amid a broader spot market downturn.
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