Ultra-Low Phosphorous Met Coke: Exemptions apply to specialized inputs featuring a phosphorous content of up to 0.030% and a size cap of up to 30 mm (with a 5% size tolerance).
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Virgin polyester prices also remain an important factor. When the price gap between virgin and recycled fibre changes, buyers can reconsider their material mix, putting additional pressure on recycled fibre demand
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Light soda ash FOB Qingdao has fallen every week since early July, six declines in a row, deepening again to a 3.21% drop in the most recent week after a milder 1.27% slide the week before.
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Concerns over crude oil supply, shipping routes, freight costs, and petrochemical feedstock availability are increasing replacement costs for producers while forcing buyers to reassess inventory and procurement strategies.
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Total caustic soda production capacity reached approx. 53.21 million tonnes by the end of 2025, with actual output topping around 42 million tonnes, up roughly 3.5% year on year.
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Light soda ash FOB Qingdao has fallen every week since early July, six declines in a row, deepening again to a 3.21% drop in the most recent week after a milder 1.27% slide the week before.
Read full report: https://t.co/0WHS4TGAa0
India’s organic cotton fibre market has been showing a gradual increase in prices during July and August 2026.
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China’s Cast Polypropylene (CPP) Film market has rebounded as renewed geopolitical tensions between the United States and Iran lifted crude oil prices, increasing polypropylene feedstock costs.
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PET’s cost base runs through naphtha, paraxylene (PX), PTA, and MEG, with raw materials making up roughly 70-80% of total production cost.
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Iran’s naval command re-closed the Strait of Hormuz on 12 July after striking a vessel accused of bypassing an approved route, and only a fragile pause in the fighting has taken hold since.
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High operating rates and ample inventories in China increased the availability of competitively priced cargoes, intensifying pricing pressure across the Indian market and limiting producers’ ability to maintain earlier price levels.
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In Asia, particularly China, production levels remain balanced, with suppliers focusing on maintaining margins rather than aggressively pushing volumes.
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India, Indonesia, and Malaysia face a 10% duty, the lower rate reserved for countries with some forced labor import prohibitions already in place, while China, Brazil, and Spain face a steeper 12.5% rate.
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Sinopec Chongqing SVW Chemical has put its 50,000-tonne/year special PVA resin plant into operation. The facility achieved successful startup and produced qualified products in one go. The first batch of products have been shipped to the European market. https://t.co/Rgg7Q6enYZ
Before the recent stabilization, FD Hamburg semi chemical fluting prices faced downward pressure as weaker corrugated box demand and cautious inventory management reduced purchasing activity across European markets.
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As crude oil remains the primary feedstock for paraffin wax production, expectations of tighter availability and higher oil prices initially supported upward price movements.
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By mid-July 2026, India had 319.66 lakh metric tons (LMT) of fertilizer available against a monthly requirement of 73.93 LMT.
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Can Petrochemical Buyers Prepare for a Two-Front Supply Shock?
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Europe's Naphtha market has now recorded four consecutive weeks of gains, with FOB Netherlands prices rising 12.12% in the latest week after a sharp decline in mid-June.
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