Latest news on China Chemicals markets

FLASH: China mixed aromatics prices 2025.12.05

OilChem daily survey of China's mixed aromatics market prices. Unit: RMB Yuan/tonne

FLASH: China mixed aromatics prices 2025.12.04

OilChem daily survey of China's mixed aromatics market prices. Unit: RMB Yuan/tonne

China's petrochemical transition enters a new phase: addressing overcapacity through high-end upgrading and green-policy incentives

After entering the 15th Five-Year Plan period, China's petrochemical industry is facing dual pressures. On the one hand, capacity in traditional chemical products has expanded rapidly, and most products are expected to be in long-term surplus by 2030, dragging prices down. On the other hand, demand

PetroChina enters the spotlight as talk of energy-sector restructuring resurfaces

Rumors of renewed consolidation among China's major state-owned energy companies have drawn market attention, following recent reports about a potential restructuring between Sinopec and China National Aviation Fuel. New discussions suggest that further combinations - CNOOC with Sinochem, and PetroC

FLASH: China mixed aromatics prices 2025.12.03

OilChem daily survey of China's mixed aromatics market prices. Unit: RMB Yuan/tonne

China's total PVC output to rise by 4.37% YoY in Jan-Nov

The cumulative output of polyvinyl chloride (PVC) presented an uptrend in January-November of this year, when the industry capacity continued to be released, and the capacity utilization rate remained a high level. However, downstream consumption was lackluster, and PVC producers increased exports t

China SBC annual capacity to surpass 2.60 mln tonnes in 2025

According to OilChem data, by the end of 2025, the total capacity of the domestic Styrenic Block Copolymer (SBC) industry will exceed 2,600,000 tonnes, and the compound annual growth rate over the past five years will have reached 6.4%, demonstrating significant progress in the industry's scale deve

Under dual mandates of decarbonization and capacity cuts, China's petrochemical sector enters a structurally reordered landscape

Starting in 2026, when the 15th Five-Year Plan begins, the petrochemical industry will face two binding constraints. On the one hand, as a key sector that accounts for about 12%-13% of national carbon emissions, it needs to complete energy-saving and emission-reduction tasks of around 40 million ton

China Jan-Oct NBR latex imports and exports both climb

According to data from the General Administration of Customs of PRC (GACC), China's NBR latex supply continued to expand in 2025. Total output in Jan-Nov reached 853,700 tonnes, up 4.76% year-on-year (YoY). Imports in Jan-Oct rose 29.32% to 157,900 tonnes, while exports surged 162.40% to 65,600 tonn

FLASH: China mixed aromatics prices 2025.12.02

OilChem daily survey of China's mixed aromatics market prices. Unit: RMB Yuan/tonne