Market Insights
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Chinese integrated steelmakers have recently increased imported iron ore purchases to replenish in-plant stocks, driven by their higher consumption of sintering fines during the past week, Mysteel's latest survey showed.
Based on OilChem's tracking of the shipping fixture, China's exports of refined oil recorded 2.78 million tonnes in August 2026, rising 55.16% from the exports in July, which include primarily the exports under general trade mode and exclude those to bonded zone. The August exports by shipping fix
China's PE supply is expected to increase in September, thanks to the restart of existing units and a modest rebound in imports. However, the absence of new capacity and still-high maintenance losses will jointly limit the overall supply increase.
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