SunSirs: Plastics and Rubber Industries Bulk Commodity Intelligence (March 6, 2026)
March 06 2026 16:18:49 SunSirs (Selena)
Macroeconomics
1. [Reverse Repurchase] The People's Bank of China (PBOC) announced on March 6, 2026, that it will conduct 800 billion RMB of outright reverse repurchase operations using a fixed-quantity, interest rate-based bidding process with multiple price levels. The term is 3 months (91 days).
2. [US Initial Jobless Claims] The number of Americans filing for unemployment benefits for the first time last week was 213,000, compared to an estimated 215,000 and a previous reading of 212,000.
3. [Shipping] On March 5, Evergreen Marine Corporation issued a notice to its customers, suspending new booking applications for the following countries and ports, including ports of origin (POL) and ports of destination (POD), until further notice: all ports in Bahrain, Kuwait, Qatar, the United Arab Emirates, Saudi Arabia (except Jeddah), and Iraq: Umm Qasr.
Plastics and Rubber
1. [PP] On March 5th, Daqing Petrochemical's 100,000-ton/year PP plant was operating normally. The ex-factory reference price for T30S fiber grade PP was raised again by 300 RMB to 7,750 RMB/ton. Spot prices followed market trends, and trading was moderate.
2. [LLDPE] On March 5th, Shandong Wanhua Chemical quoted LLDPE 7042 at 7,700 RMB/ton in East China, an increase of 200 RMB/ton.
3. [BR] On March 4th, Sinopec Sales Company raised its ex-factory price for butadiene rubber by 100 RMB/ton, with Qilu butadiene rubber quoted at 13,300 RMB/ton.
SunSirs has been continuously tracking price data for over 200 commodities for nearly 20 years, please contact support@sunsirs.com for subscription.
- 2026-04-15 SunSirs: “15th Five-Year” Development Plan for Synthetic Rubber Released
- 2026-04-14 SunSirs: Polypropylene Operating Rates Remain Around 60% This Month
- 2026-04-14 SunSirs: Plastics and Rubber Industries Bulk Commodity Intelligence (April 14, 2026)
- 2026-04-14 SunSirs: Supply-Demand Divergence Leads to Volatility at High Levels in the Polyethylene (PE) Market
- 2026-04-13 SunSirs: China Polyethylene Rises Then Falls, Fluctuating at High Levels
