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July to bring China methanol coastal inventory turning point

July to bring China methanol coastal inventory turning point

China's methanol coastal inventory is set to decline for two weeks, bottoming out in early July before a stock-building cycle begins. Easing U.S.-Iran tensions and ample supply are influencing prices.
China's phenol exports surge 225% YoY in Jan-May 2026

China's phenol exports surge 225% YoY in Jan-May 2026

China's phenol exports surged 225% YoY to 55,300 tonnes in Jan-May 2026, with May alone jumping 318% MoM. This rally was fueled by supply gaps and India's zero-tariff policy, though exports may ease in H2.
Ethylene prices tumble across Asia on weak demand and oversupply

Ethylene prices tumble across Asia on weak demand and oversupply

Ethylene prices sharply declined across Asia due to weak demand and oversupply. CFR Southeast Asia fell USD 75/mt to USD 820-830/mt, Northeast Asia dropped USD 35/mt to USD 830-840/mt, and FOB Korea/Japan saw USD 45/mt reductions.
Aniline Market Outlook 2026-2030: Increasing Demand for

Aniline Market Outlook 2026-2030: Increasing Demand for

The global aniline market is projected to grow from USD 10.17 billion in 2025 to USD 13.27 billion by 2030, at a 5.5% CAGR. Growth is driven by automotive, rubber chemicals, and vapor phase technology, with Europe as a key market.
LG Chem Cuts Supply Prices for Small Clients by 100,000-200,000 Won per Ton

LG Chem Cuts Supply Prices for Small Clients by 100,000-200,000 Won per Ton

LG Chem cuts petrochemical product prices for small clients by 100,000-200,000 won per ton. This support, backed by a government naphtha subsidy for April-June, aids essential material manufacturers amidst surging prices.
India launches anti-dumping probe into Para Nonylphenol imports from Russia, Taiwan

India launches anti-dumping probe into Para Nonylphenol imports from Russia, Taiwan

India launched an anti-dumping probe into Para Nonylphenol imports from Russia, Taiwan, following SI Group India's application (99% domestic production). DGTR found prima facie evidence of dumping causing injury, requiring information submission within 37 days.
West Asia crisis underscores need for reforms, energy diversification; PLI push must continue: CII President

West Asia crisis underscores need for reforms, energy diversification; PLI push must continue: CII President

CII President: West Asia crisis demands reforms, energy diversification, and resource exploration. Continue PLI schemes for export-potential and high import-intensity sectors, like chemicals for APIs, to boost India's growth.
Sodium Monochloro Acetate Market Forecast Points Higher Toward 2035 on Biopharma and CMC Demand

Sodium Monochloro Acetate Market Forecast Points Higher Toward 2035 on Biopharma and CMC Demand

Global Sodium Monochloro Acetate (SMCA) market forecast to grow at 4.2% CAGR from 2026-2035, reaching index 150, driven by biopharma and CMC demand.
Pharma: Can India take advantage of a China+1 opportunity

Pharma: Can India take advantage of a China+1 opportunity

India's $30.5B pharma exports face a challenge due to 70-80% API dependence on China, impacting its "pharmacy of the world" status. Despite PLI schemes, imports rise, questioning India's China+1 opportunity.
Supply Disruptions Push Up Plastic Prices Across Asia’s Markets

Supply Disruptions Push Up Plastic Prices Across Asia’s Markets

Asia faces surging plastic prices due to Middle East conflict disrupting petrochemical supply chains. Vendors see bag prices up 60%, operating costs up 30%, struggling to absorb costs amid reduced output and delivery delays.

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