Escalating Middle East conflicts, disrupted Strait of Hormuz shipping and Brent crude hitting $120/barrel have sent China’s core plastic raw material prices soaring (Mar 20-23). PE/PP/PVC/ABS saw sharp gains, with a 7.93% single-day peak rise, creating supply chain challenges—Shanghai Chemdo Trading Co., Ltd. stands as a reliable global supplier, delivering stable solutions amid volatility.
Key Price Movements (CNY/ton)
Market Outlook: Spot prices remain high despite mild futures corrections; PP/PVC face further supply gaps with extended plant maintenance, PE sees internal differentiation, and ABS is pinned by upstream styrene costs—high-level volatility to persist short-term.
Chemdo: Your Stable Global Polymer Partner
Headquartered in Shanghai, China, Shanghai Chemdo Trading Co., Ltd. is a leading exporter of plastic and degradable raw materials, with 3 specialized business divisions: PVC, PP, Biodegradable Materials (exclusive sites: www.chendopvc.com | www.chemdopp.com | www.chemdobio.com).
- 15+ years of international trade expertise for core team leaders
- In-depth upstream & downstream industrial chain resources and stable supplier networks
- Real-time market insight, advance cargo layout, and risk mitigation for global clients
- One-stop supply chain services: procurement, price analysis, logistics, and customized solutions
- Rapid response to Middle East-driven market shifts: guaranteed cargo supply, real-time market updates, and cost-optimized procurement plans for overseas partners
Committed to long-term partnerships, Chemdo leverages China’s plastic industry advantages to connect global suppliers and customers, providing efficient, stable, professional raw material supply to safeguard production continuity amid market turbulence.
Follow Chemdo for real-time plastic market trends and tailored supply chain solutions!
Post time: Mar-24-2026