China's July POM imports rise 7.8%, exports slip 9% MoM

Source: Mysteel Aug 26, 2026 16:02

China's POM imports rebounded 7.8% MoM to 19,290.69 t in July (GACC), but year-to-date imports remain 21.26% below 2025, while exports fell 9% MoM. OilChem attributes the import rise to corrective supply adjustment rather than demand, as summer weakness caps downstream rates. Export declines stem from domestic turnarounds, low inventories, and overseas capacity resumption. Watch August imports easing ~7% to 18,000 t and exports near 3,000 t amid persistent seasonal softness and competitive pressure.

According to the data of General Administration of Customs of the People's Republic of China (GACC), China's POM imports rebounded 7.80% month-on-month to 19,290.69 tonnes in July, though cumulative imports for January-July remained 21.26% below year-earlier levels. Exports fell 8.98% month-on-month to 2,969.98 tonnes, with the year-to-date total largely

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