Latest news on China Polyester markets

OilChem: Record POY price hike masks deepening demand crisis

The Israel-Iran conflict has disrupted global energy markets, sending China's polyester filament yarn (POY) prices up by Yuan 3,000/t in just three days. However, the rally masks serious demand weakness and growing inventory risks.

China 2025 PX Imports reach 9,607,500 tonnes

In January 2026, China's PX imports are expected to be around 880,000 tonnes, showing a slight downward trend. This is due to eased PX shortages compared to December, but downstream PTA supply is expected to increase slightly, keeping PX supply and demand tight, leading to a fluctuating decline in

China Dec MEG imports up 43.22% MoM while exports down 1.89% MoM

China's MEG imports hit 835,529 tonnes in December 2025, surging 43.22% month-on-month, while its exports stayed modest at 8,198.21 tonnesdown 51.89% month-on-month. This pushed the net MEG imports up 57.97% month-on-month to 827,330.79 tonnes.

China PTA industry faces restructuring under overcapacity and export barriers

Against the backdrop of overcapacity and export constraints, China's PTA industry needs structure reshaping via phase-out of outdated capacity, anti-internal competition and other measures.

China's PX supply to tighten in H1 2026 on extensive unit maintenance

China's PX capacity losses for maintenance are estimated at 326.70 kt in Q1 and 800 kt in Q2. The resulting supply gap is expected to support prices, while quarterly demand remains steady at around 12.50 mln tonnes.

China PX imports inch down 0.98% MoM in Nov 2025

According to data from the General Administration of Customs of PRC (GACC), China's PX imports reached 816,809 tonnes in November 2025, a decrease of 8,104 tonnes or 0.98% month-on-month, owing to weak downstream demand.   China's PX Imports, 2024-2025 (Unit: '000 tonnes, $/t) Source: GACC, OilChem

China raises PX imports in Aug on tight supply, warmer demand

China's PX imports continued to rise in August, stemming from tight supply in domestic market caused by maintenance, and expectations of improved demand.   The country imported 876,000 tonnes of PX in August, a rise of 93,900 tonnes or 12.01% month-on-month, according to data from the General Admini

China PX imports rise by 2.17% MoM in July

In July 2025, China's paraxylene (PX) imports reached 782,045.11 tonnes, up by 16,644.85 tonnes or 2.17% month-on-month (MoM), according to data from the General Administration of Customs of China (GACC). This rise was driven by short domestic supply and strong demand.   Domestic PX supply tightened

China MEG imports dip 4.27% in Jul on plunging U.S. shipments

China's MEG imports fell 4.27% month-on-month to 591,378 tonnes in July 2025, primarily driven by a sharp contraction in U.S. cargo arrivals. Despite the monthly decline, MEG imports still rose 8.44% year-on-year, reflecting underlying overseas demand.   China MEG Import Volume and Average Import Pr

China PTA capacity expands with breakthroughs in scale and quality

China's PTA industry has seen capacity expansion, showing dual breakthroughs in scale advancement and high-quality development.   2000-2024 China PTA Capacity Trend (Unit: 10 kt/y, %) Source: OilChem   As a long-standing futures product, PTA has a well-established industrial structure with a continu