CommoPlast

Morning Briefing - 10 June 2026

Chinese homo-PP offers broke below a key threshold level into Malaysia this week, with mainland producers emerging at levels not seen in recent months and buyers remained largely unmoved.


CommoPlast

Morning Briefing

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10 June 2026

 

Brent: $91.45 (- $2.80)

WTI: $88.20 (- $3.10)

 

Naphtha CFR Japan: â

 

Ethylene CFR NEA: â

Ethylene CFR SEA: â

 

Propylene FOB Korea: Stable

Propylene CFR China: Stable

 

*Data represent closing prices of the previous trading day

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A major Taiwanese producer cuts July PVC prices sharply as Asian market weakens

A major Taiwanese PVC producer has issued significantly lower July 2026 price lists across Asia, conceding to a prolonged demand downturn, weaker feedstock support, and intensifying competition from discounted regional exports. The scale of the correction is among the steepest seen this year, with the producer also offering additional volume incentives in a bid to stimulate large-lot procurement. The move follows the resumption of operations at a major Taiwanese cracker complex, adding to already comfortable regional availability.

Read full story:

Major Taiwanese producer slashed July PVC price lists to counter global demand malaise

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Chinese homo-PP offers into Malaysia breach key threshold

Chinese homo-PP offers broke below a key threshold level into Malaysia this week, with mainland producers emerging at levels not seen in recent months and buyers remained largely unmoved. Converter inventories remain bloated following earlier restocking, and the end of major festive seasons has stripped away what little seasonal support the market had left. Fresh domestic supply is set to increase from July as a local producer scales up output, adding further weight to an already well-supplied market.

Read full story:

Chinese homo-PP offers into Malaysia break below key threshold as local supply builds

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