The Malaysian polyolefin market is poised to break a seven-month downtrend heading into February, as domestic producers prepare to issue fresh local price lists amid uneven supply conditions and steady underlying demand.
China’s PET bottle market vaulted to a one-year high in the week ending 23 January 2026, propelled by a sharp rebound in upstream PTA and MEG futures that triggered immediate repricing across the physical market.
The move was broadly anticipated, following intensifying market discussions around China’s impending withdrawal of export tax rebates — a policy shift widely seen as a catalyst for a structural reset in global PVC pricing.