Top News on China Chemical Fiber markets

China's bottle-grade PET exports surged 35.45% month-on-month to 582,500 tonnes in March 2026, with Q1 exports up 1.67% year-on-year to 1,520,700 tonnes. Imports rose 25.06% to 3,200 tonnes but Q1 imports fell 9.24% year-on-year. Geopolitical disruptions in the Middle East and peak seasonal demand d

China's MEG imports fell 14.74% month-on-month to 557,477.45 tonnes in March 2026, down 19.44% year-on-year, due to the Strait of Hormuz closure. Exports edged up 17.42% to 18,142.75 tonnes. April imports are forecast to drop further to around 300,000 tonnes as geopolitical disruptions persist.

China's PX imports increased significantly in March, as geopolitical tensions prompted domestic buyers to secure cargoes ahead of anticipated shortages.   The March paraxylene (PX) imports in China witnessed a notice growth, as supply concerns triggered by escalating geopolitical tensions prompted d

A major attack on Saudi Arabia's critical petrochemical infrastructure in the Jubail Industrial City on April 7 triggered a sharp rise in MEG prices, and China's MEG prices climbed higher to a five-year high.

The Israel-Iran conflict has disrupted global energy markets, sending China's polyester filament yarn (POY) prices up by Yuan 3,000/t in just three days. However, the rally masks serious demand weakness and growing inventory risks.

China PA6 export market showed a strong growth trend in 2025, as lower prices resulting from weaker supply-demand fundamentals made the export arbitrate opportunities available.

In January 2026, China's PX imports are expected to be around 880,000 tonnes, showing a slight downward trend. This is due to eased PX shortages compared to December, but downstream PTA supply is expected to increase slightly, keeping PX supply and demand tight, leading to a fluctuating decline in

China's MEG imports hit 835,529 tonnes in December 2025, surging 43.22% month-on-month, while its exports stayed modest at 8,198.21 tonnesdown 51.89% month-on-month. This pushed the net MEG imports up 57.97% month-on-month to 827,330.79 tonnes.

Against the backdrop of overcapacity and export constraints, China's PTA industry needs structure reshaping via phase-out of outdated capacity, anti-internal competition and other measures.

For 2026-2030, scheduled new caprolactam capacity will hit 1.77 million tonnes/year at a 4.7% CAGR. The industry drove its CR5 up from 33% to 48% and the supporting rate between caprolactam and PA6 up to 55% during 2021-2025.