China's Mar UPR imports surge 46.49% MoM

China's UPR imports surged 46.49% MoM in March 2026 but fell 23.77% YoY, per GACC. Weak domestic demand and reliance on high-end specialty resins drive imports, while capacity expansion lags in value-added segments. OilChem forecasts April imports up 23.73% MoM to approx. 1,300t, citing cost pressures and intense competition. Monitor import volumes and raw material price trends.

According to the data of General Administration of Customs of the People's Republic of China (GACC), in March 2026, China's unsaturated polyester resin (UPR) imports were 1,050.64 tonnes, up 46.49% month-on-month but down 23.77% year-on-year. China UPR Imports, 2025-2026 (Unit: tonnes) Source: GACC, OilChem Based on GACC data, China imported 1,050.64 tonnes