Cooper Standard has indicated that Chinese automakers are becoming a new growth engine for its plastics and sealing businesses. Chinese OEMs account for approximately 20% of its new business orders for 2026; regarding 2025 new orders totaling $298 million, 51% originated from Chinese OEMs. Currently, Chinese OEMs represent 36% of the company's revenue in China, with a target to increase this share to over 60% by 2030.
ABS is a common plastic raw material in the automotive sector. As Cooper Standard—an automotive parts supplier—sees an increased share of orders from Chinese automakers and plans to further raise the proportion of revenue from Chinese OEMs by 2030, expectations for increased ABS demand are rising, providing bullish support for both spot and futures prices.
EPS can be used in the production of automotive parts; growth in orders from Chinese automakers for downstream parts manufacturers will drive up EPS demand, benefiting its price trend.
PP is a core raw material for automotive plastic components; growth in orders for downstream automotive sealing and plastics businesses will boost PP demand, providing bullish support for its price.
PS is used in the production of components such as automotive interiors; rising orders from Chinese automakers for parts manufacturers are driving positive demand expectations, benefiting PS prices.
PC is widely used in automotive components; growth in orders for downstream automotive plastics and sealing businesses will drive up PC demand, benefiting its price trend.
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