China's Mar UPR exports surge 48.46% YoY

China's UPR exports surged 48.46% YoY in March 2026 to 21,516.04 tonnes (GACC), though average price fell 3.35% MoM, indicating scale outpaces value-added improvement. OilChem attributes growth to capacity release and Southeast Asian infrastructure demand, while the price drop suggests structural optimization challenges. Watch April exports forecast at 22,500 tonnes (+4.57% MoM), driven by pre-tariff front-loading and cost competitiveness from new capacity.

According to the data of General Administration of Customs of the People's Republic of China (GACC), in March 2026, China exported 21,516.04 tonnes of unsaturated polyester resin (UPR) up 26.33% month-on-month and surging 48.46% year-on-year, an increase of 7,023.55 tonnes. Cumulative exports from January to March reached 62,650.53 tonnes,