
Methanol CAS: 67-56-1

India's temporary customs duty waiver on 40 key petrochemical products expires tonight, marking one of the most significant policy moments of H1 2026. Procurement teams now face a critical transition as they prepare for either the return of standard import duties or a last-minute policy extension.

H1 2026 reshaped the global chemical industry through extreme price volatility, shipping disruption, fertilizer market shocks, and major shifts in trade flows. As H2 begins, Gulf supply is recovering — but procurement professionals must prepare for a market where risk remains far from over.

Global fertilizer markets are stabilizing after months of disruption, but June 2026 remains a critical procurement window. Urea prices are down 36%, ammonia exports may restart in July, and fertilizer buyers must navigate supply recovery, policy deadlines, and pricing uncertainty.

Hengli Petrochemical reported a remarkable 90.65% year-on-year increase in net profit during Q1 2026 as supply disruptions around the Strait of Hormuz altered global trade flows. This article examines the factors behind China's refining advantage, the export surge that followed and what buyers should expect as Middle Eastern supply returns to the market.

The polystyrene market is entering another phase of capacity adjustment after INEOS Styrolution announced the closure of its Channahon plant in Illinois. Buyers should monitor supply availability, regional production shifts and global oversupply trends affecting pricing.

The global specialty chemicals market was valued at $940.72 billion in 2025, with BASF, Dow, Evonik, Lanxess
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