Resin To Riches: Weekly Plastic Market Insights

Polymer Global Analysis

Resin To Riches: Weekly Plastic Market Insights

• General Thoughts: Global polymer buyers are waiting for crude and feedstock floors to form, as China exports and falling monomer prices shift price control toward customers, with access favoring prepared sellers in commercial plans globally.
• Polyethylene (PE): PE buyers gain global leverage as Southeast Asian prices reflect increased competition, China’s domestic prices fall, and cheaper feedstocks tempt selective unit starts outside China despite weak downstream orders.
• Polypropylene (PP): Global propylene price weakness drives PP spot and contract downside as Chinese and Korean offers pressure Southeast Asia, European buyers await July cuts, and lower feedstocks test margin capture.
• Polyvinyl Chloride (PVC): Global PVC’s 2H26 market call increasingly depends on buyer patience as Asian offers fall, European prices lower ethylene, and selective building-demand limits support for broad vinyl-chain gains across regions.
• Other Sector Developments: Lower global naphtha and LPG costs open a buying window, not a floor, so staged purchasing should pair price patience with cargo access, freight, and policy protection through 2H26 decisions.

Exhibit 1 – Chart of the Day: Polymer Buyers Wait for Crude and Feedstock Floors Before Lifting Order Urgency.

Source: Bloomberg, C-MACC Analysis, June 2026