SunSirs: Plastics and Rubber Industries Bulk Commodity Intelligence (June 16, 2026)

Macroeconomics

1. [Energy Conservation & Carbon Reduction] Five government departments have launched a three-year campaign to accelerate energy conservation and carbon reduction upgrades in key industries. Starting in 2026, comprehensive upgrades will be implemented across nine major energy-intensive sectors: iron and steel, electrolytic aluminum, cement, flat glass, oil refining, ethylene, synthetic ammonia, methanol, and coal-fired power generation. Production capacity failing to meet energy efficiency standards by the end of 2028 will be phased out or shut down in accordance with regulations.

2. [Imports & Exports] In the first five months of this year, the total value of goods imports and exports through my country's comprehensive bonded zones reached 3.5 trillion yuan, a year-on-year increase of 27.1%, accounting for 16.9% of the national total.

3. [US Industrial Output] US industrial output rose by only 0.1% month-on-month in May, missing the expected 0.3% growth; the figure for the previous month was revised upward to a 0.9% increase.

Plastics and Rubber

1. [PE] On June 15, Shanghai Petrochemical’s High-Pressure PE Unit 2 (100,000 tons/year) restarted on June 9 following the completion of maintenance; however, its High-Pressure PE Unit 1 (Lines 1 and 2) was temporarily shut down on June 11, with the restart time yet to be determined.

2. [Polybutadiene Rubber] On June 15, the polybutadiene rubber market in East China saw fluctuating trends, with spot traders making minor adjustments to their offers. Currently, Daqing and Yangzi brands are quoted at 13,700–13,900 yuan/ton, while some private brands are quoted around 13,500–13,700 yuan/ton.

3. [Natural Rubber] On June 15, the natural rubber market in Qingdao trended upward; traders raised their offers by approximately 150–200 yuan/ton from already high levels. Mainstream quotes for 2024-production Yunbao, Guangken, and Haibao brands stood at 17,650–17,800 yuan/ton; 2025-production brands were quoted at 17,750–17,900 yuan/ton; and Vietnam 3L rubber was quoted at 18,250–18,450 yuan/ton.

4. [Natural Rubber] On June 15, the market for natural rubber raw materials in Thailand showed a trend of rising amidst stability: Ribbed Smoked Sheets (RSS) were quoted at 96.20 THB/kg (up 1.20 THB/kg); field latex was quoted at 87.50 THB/kg (down 1.00 THB/kg); and cup lump was quoted at 75.00 THB/kg (up 0.20 THB/kg).