Macroeconomics

1. [China Warehousing Index] China Federation of Logistics & Purchasing: Driven by the concentrated launch of major national infrastructure projects and a simultaneous recovery in manufacturing supply and demand, warehousing business demand has improved significantly, pushing the index back into expansion territory. In June, the China Warehousing Index stood at 50.2%, up 0.6 percentage points from the previous month.

2. [Eurozone PPI] The Eurozone Producer Price Index (PPI) rose 0.2% month-on-month in May, matching expectations; the previous month's figure was revised from 0.6% to 0.7%.

Plastics and Rubber

1. [PE] It is reported that Yangzi Petrochemical’s 200,000-ton/year full-density polyethylene unit will shut down on March 27, 2026, with the shutdown expected to last until the end of August 2026.

2. [BR] On July 6, Sinopec Sales Company raised the ex-factory price of butadiene rubber (BR) by 200 RMB/ton; quotes for Qilu, Yanshan, Yangzi, and Maoming BR stood at 12,200 RMB/ton.

3. [Natural Rubber] On July 6, the natural rubber market in the Qingdao region saw prices fluctuate upward as traders raised their offers. Mainstream quotes were 16,850–16,950 RMB/ton for 2024-production Yunbao/Guangkeng/Haibao rubber; 17,000–17,150 RMB/ton for 2025-production Yunbao/Guangkeng/Haibao rubber; and 17,700–17,900 RMB/ton for Vietnam 3L rubber.

4. [Rubber] Latest data shows that in the first half of 2026, Côte d'Ivoire's total rubber exports reached 904,000 tons, a slight increase of 0.8% compared to the 897,000 tons exported during the same period in 2025.

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