China benzene supply-demand gap to hit 790,000 tonnes in 2026

In 2026, new benzene capacity will add 2.92 million t/y, raising total domestic supply to 33.6 million tonnes. Major downstream sectors will consume an estimated 32.81 million tonnes, leading to a supply-demand gap of around 790,000 tonnes.

A total of 2.92 million tonnes/year of new benzene capacity is expected to come online in 2026. Domestic benzene supply is projected to reach 33.6 million tonnes, against estimated consumption of 32.81 million tonnes from key downstream sectors, resulting in a supply-demand gap of around 790,000 tonnes. In 2026, 16