Jun 21, 2026 3:40 a.m.
Sign In | Register

News Economy & Industry

economy

Strike suspension and Asian demand destruction plunged oil benchmarks to seven-week lows
10 Jun 2026 Crude benchmarks plunged 3% to seven-week lows as a bilateral Israel-Iran strike suspension and a massive 29% collapse in Chinese imports eclipsed a projected historic drain on global inventories.
Title
Title

10 Jun 2026

economy

Petronas implemented 5% statutory SST on domestic polyolefins amid customs tightening; Secondary market shifts to imports

Malaysia’s polyolefin trade flows are undergoing a structural realignment following Petronas’ enforcement of a 5% Sales and Service Tax (SST)
Title

10 Jun 2026

economy

India weighs extension of petrochemical tariff waivers amid severe feedstock crunch and global LPG squeeze

India is actively evaluating a structural extension of its basic customs duty exemptions on 40 critical petrochemical intermediates beyond the scheduled 30 June expiration.
Title

10 Jun 2026

economy

Freightos Baltic: Frontloading surge drives transpacific rates to year highs as Hormuz tensions linger

The weekly gain ranks as the steepest since tariff-driven demand spiked last June, and further increases are flagged for next week.
Title

09 Jun 2026

economy

Commodity Exchange: 09 June 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 09 June 2026 session with the following settlements.
Title

09 Jun 2026 Brent NYMEX

economy

Bilateral strike suspension and nominal OPEC+ target hikes limit oil benchmark advances after early 5% surge

Oil finished higher as a tentative halt to direct Israel-Iran strikes neutralized an early 5% surge, while expanding Red Sea shipping threats and a nominal OPEC+ output hike left physical balances structurally constrained.
Title

08 Jun 2026

economy

SCG Chemicals divests IDR 14.1 trillion in Chandra Asri shares, cuts stake to 15.71%

Thailand's SCG Chemicals has sold nearly half its stake in PT Chandra Asri Pacific Tbk over four trading days, raising the Indonesian petrochemical major's public free float to 25.7% and signalling a strategic reallocation of capital by its Thai parent.
Title

08 Jun 2026 Brent NYMEX

economy

Resilient export logistics and de-escalation sentiment depressed oil benchmarks despite positive weekly print

Oil prices fell over 2% on Friday as mounting de-escalation confidence and resilient Omani export flows overshadowed a weekly benchmark advance and Hezbollah's rejection of the Levant truce.
« Previous 1 2 3 4 5 6 7 … Next »
Daily Polyolefins Market
Weekly Overview
Opinion