Taiwan Styrene Monomer Reports June 2026 Revenue of NT$5.70 Billion (YoY -24.8%)

Company Code: 1310 Company Name: Taiwan Styrene Monomer Corporation Industry: Plastics Industry Reporting Month: June 2026 Monthly Revenue: NT$569,505 thousand (NT$5.70 billion) Year-on-Year Change: -24.8%

Taiwan Styrene Monomer Corporation (TSMC), a leading plastics and chemical manufacturer in Taiwan, announced its June 2026 revenue at NT$569,505 million (approximately USD 570 million), representing a 24.8% decrease compared to NT$757,000 million in the same month last year. This significant decline reflects broader industry-wide challenges, including weakening global demand for plastics, intensified price competition from Chinese manufacturers, and volatile crude oil prices affecting raw material costs.

In particular, demand for engineering plastics used in automotive and consumer electronics sectors remains soft, putting downward pressure on both sales volume and pricing for key products such as polystyrene (PS) and ABS resin. Additionally, rising production costs due to Taiwan's evolving energy policies and tightening environmental regulations have further strained margins.

Looking ahead, TSMC anticipates that inventory adjustments may stabilize by the third quarter, potentially paving the way for modest demand recovery. However, the company cautioned that long-term price recovery will remain difficult unless overcapacity issues in China and Southeast Asia are resolved. Investors are increasingly urging the company to diversify its revenue streams and accelerate its shift toward higher-value-added specialty chemicals.

Keywords: monthly revenue, plastics industry