Thailand's PP market is caught between a surge of foreign supply and a regional feedstock squeeze, and Bangkok has chosen this moment to raise a protective wall. The Committee on Safeguard Measures, chaired by the Ministry of Commerce, has approved a three-year safeguard duty on imported PP products,
Global crude futures fell roughly 2% on Friday, pressured by hopes of a phased US–Iran diplomatic agreement and speculation over potential US diesel export curbs, ending a volatile week marked by a sharply widening Brent–WTI spread.
China and the United States have finalised the framework for an intergovernmental Trade Council and agreed on a reciprocal “$30 billion vs. $30 billion” tariff-reduction pact, marking a major step towards stabilising bilateral commerce.
Asia–Europe container freight rates accelerated their downward correction in the week to 23 September 2026 as post-peak demand cooling and expanding Red Sea transits released effective capacity.