Latest news on China Polyester markets

China's Apr PX imports drop 33.26% MoM

China PX imports totaled 694,300 tonnes in April 2026, a 33.26% month-on-month decrease, or 345,900 tonnes lower than March. China posted no PX exports in April, staying flat from the prior month.

China Apr MEG imports plunge, exports surge

Affected by Middle East tensions, China's monoethylene glycol (MEG) imports tumbled and exports surged in April 2026, pushing net imports to a three-year low.

Overseas demand boosts China Mar bottle-grade PET Exports by 35.45% MoM

China's bottle-grade PET exports surged 35.45% month-on-month to 582,500 tonnes in March 2026, with Q1 exports up 1.67% year-on-year to 1,520,700 tonnes. Imports rose 25.06% to 3,200 tonnes but Q1 imports fell 9.24% year-on-year. Geopolitical disruptions in the Middle East and peak seasonal demand d

China MEG Mar imports down 14.74% MoM

China's MEG imports fell 14.74% month-on-month to 557,477.45 tonnes in March 2026, down 19.44% year-on-year, due to the Strait of Hormuz closure. Exports edged up 17.42% to 18,142.75 tonnes. April imports are forecast to drop further to around 300,000 tonnes as geopolitical disruptions persist.

China's Mar PX imports hike 22.87% YoY on supply concerns

China's PX imports increased significantly in March, as geopolitical tensions prompted domestic buyers to secure cargoes ahead of anticipated shortages.   The March paraxylene (PX) imports in China witnessed a notice growth, as supply concerns triggered by escalating geopolitical tensions prompted d

Blast in Jubail Industrial City pushes up MEG prices to five-year high

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.

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.