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

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Shandong Yulong Auction: Strategic PP price revisions capture selective liquidity as PE faces total bypass
28 May 2026 Strategic baseline price cuts unlocked targeted, need-based PP procurement on Thursday, though a comprehensive rejection of all PE grades underscores a deeply cautious domestic and export outlook.
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28 May 2026 LD Film

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Malaysian LDPE film spot prices plunge amid intensifying Chinese competition and subdued downstream demand

The Malaysian LDPE film market deteriorated further this week as muted buying interest prompted secondary traders to aggressively slash spot offers for prime domestic material.
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28 May 2026 PET Bottle

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China’s PET bottle market declined as weakening feedstock trends offset peak seasonal demand

The Chinese PET bottle market sustained a downward trajectory in the week to 28 May 2026, as persistent weakness across the upstream crude oil, PX and PTA complexes depressed pricing sentiment.
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28 May 2026

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China Morning Snapshot – 28 May 2026

Producers were more willing than usual to cut prices heading into month-end, a concession that speaks to the difficulty of coaxing buyers off the sidelines in the current environment.
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27 May 2026

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Shenhua Auction: PP auction holds firm despite softer futures, cautious buying persists

China’s coal-based petrochemical giant Shenhua Baotou Coal Chemical Co. wrapped up its auction on 27 May 2026 with relatively resilient trading performance for PP cargoes
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27 May 2026

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Saudi major cuts June PE prices to Vietnam to regain foothold amid weak demand

The reductions — sweeping across HDPE, LLDPE, and LDPE film grades — reflect the mounting cost of inaction as Chinese-origin cargoes, both oil-based and coal-based, steadily displace Middle Eastern supply across the region.
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27 May 2026

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China Morning Snapshot – 27 May 2026

Spot market sentiment remained subdued, with buyers broadly unwilling to extend commitments beyond immediate needs. Participants pointed to persistent weakness
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26 May 2026

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Taiwanese major revises June PVC offers downward as weak demand drags market sentiment

A major Taiwanese producer has lowered its June PVC shipment offers to Asia by a further $60/ton after initial list prices released the previous week drew little buying interest.
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