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Morning Briefing - 21 August 2026There is also reports of a squeeze building across the supply chain for China's PET. Though offers have moved up in tranches through the week, a cautious tone remain in the market. |
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MORNING BRIEFING
CommoPlast Friday, 21 August 2026
commoplast.com
MARKET MOVEMENT
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Brent CRUDE · $/BBL |
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WTI CRUDE · $/BBL |
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93.78 |
87.83 |
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▲2.16 |
▲2.00 |
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▲ Naphtha CFR JAPAN |
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▲ Ethylene CFR NEA |
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▲ Ethylene CFR SEA |
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— Propylene FOB KOREA |
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— Propylene CFR CHINA |
Closing prices, previous trading day. Monomers show direction only.
TODAY’S DEVELOPMENTS
PET BOTTLE · CHINA
PET export offers from China break their weeks-long lull
PET export offers from China broke out of their weeks-long holding pattern, with producers pushing quotes sharply higher in successive rounds as crude and futures markets extended their run. There is also reports of a squeeze building across the supply chain. Though offers have moved up in tranches through the week, a cautious tone remain in the market.
Read full story:
POLYVINYL CHLORIDE · INDIA
India move further to tighten the net on Chinese PVC
India's trade authorities have taken a further step toward possible anti-subsidy duties on Chinese PVC, widening the circle of parties drawn into the investigation. The move builds on a domestic industry petition alleging unfair government support across China's production base. Downstream players are already bracing for a shifting cost landscape as the pathway for Chinese-origin material narrows.
Read full story:
India advances anti-subsidy probe on Chinese S-PVC as trade defence escalates
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