Morning Briefing - 24 July 2026

MORNING BRIEFING

CommoPlast                          Friday, 24 July 2026

                                                                                                                             commoplast.com

MARKET MOVEMENT

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

TODAY’S DEVELOPMENTS

POLYVINYL CHLORIDE · ASIA

Taiwanese producer lifts August PVC offers as feedstock costs surge

A leading Taiwanese PVC producer has pushed August offers to Asia higher, tracking a steep rally in upstream feedstock costs, but the move has landed against a backdrop of subdued regional demand, as buyers have so far shown little urgency to secure fresh cargoes. Distributors flagged growing strain on the producer's price competitiveness, as converters continue to seek for cost-effective alternatives. Ongoing geopolitical risk in the Middle East is adding another layer of volatility to sentiment across the petrochemical chain, keeping procurement strategies cautious.

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Taiwanese major raises August PVC offers to Asia amid cost surge, buyers remain cautious

PRICE LIST ·  MALAYSIA

Malaysia PE, PP markets brace for sharp August price recalibration

Malaysian polyolefin markets are heading into August under mounting pressure for a steep upward correction, as producers move to push through structural price hikes across PE and PP grades after a prolonged stretch of stagnation. The trigger lies in a combustible mix of escalating Middle East tensions, which have driven crude and naphtha sharply higher, and a domestic supply crunch. With import cargoes scarce and regional allocations increasingly absorbed elsewhere, the coming weeks will test how far sellers can push before buyer resistance sets a hard ceiling.

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Malaysian August polyolefin offers poised for a significant surge as macro supply shocks collide with local outages

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