July 8, 2026. In Q2 2026, the rubber and plastics industry exhibited pronounced structural divergence. While the commodity price index fluctuated narrowly around a quarterly average of 690.76, internal segments showed mixed dynamics: general-purpose plastics such as PE and PP faced pressure from upstream cost transmission, with recycled plastics enterprise quotations softening slightly.
From both supply and demand perspectives, policy-side expectations continued to weaken. PP market prices declined this week, and with easing maintenance schedules and soft terminal demand, plastic product enterprises faced mounting pressure with limited raw material digestion capacity.
Meanwhile, the green and low-carbon transition continues to advance. With carbon neutrality targets penetrating various manufacturing segments, application scenarios for eco-friendly materials like recycled and bio-based plastics continue to expand.
Industry insiders note that the "strong raw materials, weak finished goods" pattern in H1 2026 is essentially a manifestation of the industry adjustment phase. As peak demand season arrives and industry concentration further increases, profit distribution across the value chain is expected to gradually optimize.
