Profit plunge pushes China's alkylation unit run rates to record low

Source: Mysteel Apr 15, 2026 11:37

Sharp losses in China's alkylate market have forced independent unit operating rates to a multi-year low of 27.9% as of April 14, down 9.1 percentage points from early April.

China's alkylation units' operating rates have currently marked a multiple-year low amid sharp losses. Alkylate Production Profits at Shandong Sampled Plants, 2025-2026 (Unit: Yuan/t) Source: OilChem Profitability in Shandong's alkylation sector has weakened sharply in April. Theoretical margins stood at Yuan 92/t at the start of the month but sank to