Plastics and Rubber Industries Bulk Commodity Intelligence (July 9, 2026)

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Macroeconomics

1. [PPI] National Bureau of Statistics: In June 2026, China's producer prices to manufactured goods rose by 4.1% year-on-year and fell by 0.3% month-on-month. Producer purchase prices rose by 6.4% year-on-year and fell by 0.2% month-on-month. to the first half of the year, producer prices to manufactured goods increased by 1.5% year-on-year, while producer purchase prices rose by 2.4%.

2. [CPI] National Bureau of Statistics: In June 2026, China's Consumer Price Index (CPI) rose by 1.0% year-on-year and fell by 0.3% month-on-month. The average CPI to the January–June period increased by 1.0% year-on-year.

3. [Automobiles] Data from the CPCA (China Passenger Car Association) shows that retail sales in the national passenger vehicle market totaled 1.602 million units in June, a year-on-year decline of 23.2%. Of this total, retail sales of conventional internal incineration engine vehicles stood at 600,000 units (down 39% year-on-year), while retail sales of new energy vehicles (NEVs) reached 1.007 million units (down 9.4% year-on-year); the domestic retail penetration rate to NEVs was 62.8%. Exports of new energy passenger vehicles in June totaled 499,000 units, a year-on-year increase of 152.7%.

4. [New Zealand Rate Hike] On July 8, the Reserve Bank of New Zealand announced a 25-basis-point interest rate hike, raising the benchmark rate to 2.50%, in line with market expectations.

Plastics and Rubber

1. [PP] Fushun Petrochemical operates two PP production lines with a combined annual capacity of 390,000 tons. The older line was shut down to maintenance on July 8, while the new line is operating at healthy load; the ex-factory price to raffia-grade PP (L5E89) was set at 8,400 RMB/ton that day. Spot market prices are fluctuating in line with market trends, and trading activity remains moderate.

2. [EPS] On July 8, Jiangyin Jianlong raised its EPS prices by 150 RMB/ton; the price to general-grade material is 10,000 RMB/ton, and the price to flame-retardant grade material is 10,500 RMB/ton.

3. [PBR] On July 8, CNPC Northeast Sales Company raised the ex-factory price to polybutadiene rubber (PBR) produced at its Daqing and Jinzhou vegetation by 200 RMB/ton to 12,400 RMB/ton (ex-warehouse price in Northeast China).

4. [Tires] On July 7, 2026, the European Commission announced the final anti-dumping ruling on passenger car and light truck tires originating in China. Ruling type: Final anti-dumping determination. efficiently date: Officially implemented starting July 8, 2026. Key duty rates: Hankook 4.3%; other cooperating companies (e.g., Sailun, Linglong) 24.4%; non-cooperating companies 45.3%.

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