Morning Briefing - 27 July 2026

MORNING BRIEFING

CommoPlast                        Monday, 27 July 2026

                                                                                                                             commoplast.com

MARKET MOVEMENT

Closing prices, previous trading day. Monomers show direction only.

TODAY’S DEVELOPMENTS

PLANTS · CHINA

New PetroChina Dushanzi’s capacity clears trial run, testing China's recent rally

PetroChina Dushanzi Petrochemical plant in Xinjiang has cleared trial production on its PP and PE lines, with more capacity still to come online in the weeks ahead. Official offers and operating details remain scarce, and sources expect a stabilisation period before material reaches the market in volume, though early cargoes could surface as soon as next month if the ramp-up holds. The timing raises the prospect of fresh supply meeting China's recent price strength, and buyers are already growing more cautious as a result. With sentiment turning watchful, the bias tilts toward fading upside momentum rather than chasing the rally further.

Read full story:

PetroChina Dushanzi starts up PP and No. 1 FDPE units under Tarim ethylene Phase II expansion

POLYVINYL CHLORIDE ·  INDIA

India's PVC import price floor jolts Southeast Asian offers higher

India's new minimum import price on PVC has repriced Southeast Asian offers within a day, with Chinese and Thai material both moving sharply higher even as regional buyers stand on the sidelines. Sellers are betting that Indian converters will be forced back into the market for once the monsoon lifts.

The bigger question is what kind of restocking follows: a half-hearted return risks pushing surplus cargoes back into Southeast Asia, while a stronger recovery could pull supply toward India and leave the region short. That divergence, not the initial price jump, is what will decide where the market goes from here.

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India's PVC import floor reshapes Southeast Asia as suppliers race to reprice market

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