Market News Today

Demand rises for digital systems across offices, retail and public projects.

/PRNewswire/ -- According to the latest analysis by Future Market Insights, the global fine chemicals market is entering a phase of structured expansion,...

WPC 2026 indicates higher defense spending is a major opportunity for specialty chemicals. Ongoing conflicts boost budgets, increasing demand for high-performance thermoplastics and specialty fibers, requiring innovation from the industry.

India suspended quality control orders for linear alkyl benzene (LAB) imports for three months due to global supply chain disruptions and shortages, aiming to address supply issues.

India's DCW has successfully completed the second phase of its C-PVC expansion project at Sahupuram. This milestone signifies the company's growth and increased production capacity.

China's Q1 PVC exports are estimated to hit 1.20 million tonnes, driven by strong growth. This surge follows the government's announcement to abolish the value-added tax export rebate for PVC from April 1, 2026, accelerating deliveries.

An April 7, 2026 attack on Saudi Arabia's Jubail Industrial City disrupted global PE supply, driving up Chinese PE prices. Tight supply is expected, potentially benefiting China's chemical exports.

China's BPA output rose 6.92% YoY to 1.213 million tonnes in Q1 2026, driven by new capacity and fewer losses. Prices increased due to tightened supply and profitability. Short-term tightening expected.

Blast in Jubail Industrial City pushes up MEG prices to five-year high. MEG Global Import/Export Price. A major attack on Saudi Arabia's critical petrochemical infrastructure in the Jubail Industrial City on April 7 triggered a sharp rise in MEG prices, and China's MEG prices climbed higher to a five-year high. The attack, which struck one of the world's largest petrochemical hubs, sent shockwaves through global energy and chemical markets. The shutdown of core production facilities led to a sharp reduction in global available supply of ethylene glycol (MEG) in the short term, and the attack on Saudi Arabia's petrochemical.

Coastal China's methanol destocking is expected to slow in April due to a 204,500-tonne increase in imports and soft demand. Exports will become the core driver for inventory reduction.