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North America
Crude oil surges on renewed war premium; will it reverse the polymer slump?
The renewed geopolitical tensions have pushed Brent crude back into the mid-$80s/bbl, rapidly rebuilding some of the war-risk premium that had evaporated after June's ceasefire hopes. This has also helped buoy the sentiment recently in polymer markets, where prices have been on a downturn for the past couple of months. After months of sluggish demand, ample supplies, and relentless price erosion, sellers are seizing on higher feedstock costs to argue that the market has reached its bottom... 15-07-2026
EU publishes tariff regulation, swings doors wide open to duty-free US plastics
The European Union has published Regulation (EU) 2026/1455 in the Official Journal, completing the final legal step needed to implement the EU-US tariff agreement. Under Article 8 of the regulation, it enters into force on the day following its publication and applies from July 1 2026 until December 31 2029... 01-07-2026
Europe and Asia naphtha prices wipe out most war-driven gains
The steep gains recorded across global naphtha markets during the war are close to being eroded, with prices in both Europe and Asia retreating sharply from the peaks reached during the period. Initially supported by soaring crude oil prices and supply disruptions, naphtha values have steadily moved lower as petrochemical demand weakened, availability improved and oil markets came under renewed pressure. Although prices remain above pre-war levels, a significant portion of the rally has already been erased... 17-06-2026
PE correction outpaces PP in SE Asia; LLDPE sinks deeper below homo-PP
Following an exceptional war-driven rally, Southeast Asia’s import PE and PP markets entered a correction phase after reaching multi-year highs in early April. Although both polyolefin markets have trended lower since then, PE prices have fallen more sharply as sellers implemented increasingly aggressive reductions to stimulate demand, while PP prices proved relatively more resilient despite facing similar macroeconomic and downstream challenges... 16-06-2026
