Sep 19, 2026 6:33 p.m.
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News Insight & Analysis

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China PVC splits on futures slide and feedstock squeeze, while surging freight erodes export netbacks
28 Aug 2026 China’s PVC market diverged sharply in the week ending 28 August 2026, as a steep sell-off on the Dalian Commodity Exchange (DCE) dragged domestic carbide-based spot prices lower, while ethylene-based resin held firm under persistent upstream cost pressures.
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28 Aug 2026

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China Morning Snapshot – 28 August 2026

The drawdown in domestic PP and PE inventory held by CNPC and Sinopec marks the first dip below the 600,000-ton mark since 31 July, as the market heads into month-end.
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27 Aug 2026

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Shenhua Auction: Steep floor cuts and rebounding futures trigger sharp demand revival across PP and LLDPE

Dalian Commodity Exchange (DCE) polyolefin futures staged a modest rebound on Thursday morning following Wednesday's sharp retreat, providing the necessary paper tailwind for Shenhua Baotou Coal Chemical Co. to orchestrate a dramatic liquidity turnaround.
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27 Aug 2026

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Saudi major leverages Vietnam’s prompt PE deficit with steep premiums as China re-export arbitrage opens

A Saudi Arabian producer has finalised its monthly September 2026 PE offers to Vietnam at substantial premiums over neighbouring Asian markets, capitalising on an acute domestic supply vacuum and regional transshipment bottlenecks to extract maximum value on short-lead parcels.
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27 Aug 2026

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China’s PET export offers navigate upstream whipsaw as surprise mega-plant shutdowns and MEG diversion cushion margins

Chinese PET bottle resin export offers widened considerably this week as primary producers attempted aggressive early price lifts before trimming indications as crude oil benchmarks faltered mid-week.
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27 Aug 2026

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China Morning Snapshot – 27 August 2026

With month-end approaching and buyers still digesting the prior session's drop, local appetite stayed thin, pushing producers into narrow, mixed price adjustments rather than any decisive move in either direction.
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27 Aug 2026

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Beyond the 3m-ton rebound: Why China's PP production surge faces narrowing spreads and renewed feedstock shocks

China’s domestic PP production staged a decisive statistical recovery in July, climbing 10.7% month on month to reach 3,082,700 tons.
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26 Aug 2026

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Shenhua Auction: Plunging futures and higher floor prices freeze buying appetite across PP and LLDPE

PP and LLDPE auctions held by Shenhua Baotou Coal Chemical Co. ground to a near-total standstill on Wednesday, 26 August 2026.
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