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Asian Polyethylene: Quiet as Golden Week holiday curtails trade / Asian PE trading slows during Golden Week / Buyers resist high offers in Vietnam

Asian Polyethylene: Quiet as Golden Week holiday curtails trade / Asian PE trading slows during Golden Week / Buyers resist high offers in Vietnam

Oct 12, 2026

Asian polyethylene markets were thinly traded in the week ending Oct. 7, as China’s weeklong Golden Week holiday curtailed regular trading activity and reduced cargo volumes across the region. The closure of the Chinese markets limited product outflow to key Southeast Asian regions, while other producers in Northeast Asia had yet to announce their offers for November shipments, with most expected to begin negotiations later in the week or early next week. Logistics conditions showed some signs of improvement as easing port congestion and the end of the peak typhoon season reduced near-term supply chain pressure, some market sources said. However, structural oversupply continued to weigh on market sentiment as producer margins remained under pressure, encouraging producers to manage production cautiously, with most balancing run rates against current steam cracker...

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