Collective price hikes—now in full swing!
Release time:
2026-03-11
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Recently, influenced by the situation in the Middle East, global crude oil supplies have tightened, oil prices have surged, and international logistics costs have soared. Concerns about energy supply shortages continue to intensify, leading to rising prices for various downstream raw materials.
As the mother of core raw materials in the chemical industry, the soaring price of crude oil is rapidly transmitting cost pressures down the value chain from top to bottom. From upstream basic chemical raw materials to midstream polymer materials and specialty chemicals, and then to downstream finished products, the pressure of rising costs is passed down through each layer and continuously amplified.
The chemical industry is the first to bear the brunt.
This round of oil price increases has directly driven up the prices of upstream feedstock materials such as aromatics, butadiene, and naphtha, causing production costs for various chemical products to soar. Among them, maleic anhydride saw a weekly increase of 47%, methylene dichloride rose by 33% over the week, and acrylic acid climbed 29% in just one week.
According to data from Longzhong Information, as of March 10, the quoted price for polyvinyl alcohol 1799 in the East China region had reached 13,950 yuan per ton, an increase of 18.22% from 11,800 yuan per ton on March 6, marking the largest single-day gain in recent times. As an important chemical raw material, polyvinyl alcohol is widely used in textile sizing agents, architectural coatings, adhesives, papermaking, and other fields; the sharp rise in its price will quickly be passed down the downstream supply chain.
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Collective price hikes—now in full swing!
2026-03-11
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