Global chemical products ushered in a large-scale price hike wave in September, with a summary of price adjustment information

Starting from September 2026, the global chemical industry has ushered in a new round of large-scale price hikes across multiple categories. Multiple leading domestic and overseas chemical and new material enterprises have intensively issued price adjustment announcements. The prices of resins, coatings, nylon, plastic substrates, various chemical solvents and basic raw materials have all increased, with the increase per ton ranging from tens of yuan to thousands of yuan. The price increase of some electronic substrate categories has exceeded 20%, and September 1 has become the core implementation node of this round of price adjustments.

Leading Enterprises at Home and Abroad Issue Price Adjustment Notices Concentratedly

Details of Price Adjustments by Domestic Enterprises

1. Allnex Resins (Suzhou): The price adjustment will be implemented from September 1, 2026. The prices of indoor resins, general weather-resistant resins and super weather-resistant resins will be uniformly increased by 500 yuan/ton, covering all general-purpose and high-end weather-resistant resin products.

2. Hengshui Xinguang New Materials: The price adjustment notice will take effect immediately (August 25). Stepped price increases will be implemented for architectural coatings and waterproof product series. The enterprise stated that affected by the fluctuations in the international geopolitical environment, industry capacity adjustments and the chain reaction of the industrial chain, the prices of upstream raw materials have fluctuated at high levels, production costs have risen sharply, and the original prices can no longer cover operating costs. The price adjustment is a necessary adjustment for normalized operations.

3. Nanya Plastics: The price adjustment will be implemented from September 1, 2026. The prices of copper-clad laminates (CCL) and prepregs (PP) will be greatly increased by 20%-25%. The reason for the price adjustment points to the sharp rise in upstream raw materials such as copper foil, glass fiber cloth and core resins.

4. Wanhua Chemical: Increased the ex-factory prices of multiple basic chemical products in multiple regions across the country: 180 yuan/ton increase for butadiene, 50 yuan/ton increase for methyl tert-butyl ether, and 100 yuan/ton increase for tert-butanol in the Shandong market; styrene increased by 200 yuan/ton in North China and East China; n-butanol increased by 100 yuan/ton in multiple regions across the country; acrylic acid increased by 200 yuan/ton in Northeast China, North China and East China, and butyl acrylate increased sharply by 400 yuan/ton; LDPE plastic particles of different specifications increased by 50 to 100 yuan/ton in Shandong, East China and South China.

Price Adjustment Information of Overseas Chemical Giants

1. BASF, price adjustments in multiple regions starting from September 1, 2026: Caprolactam, nylon 6 and nylon 6/66 copolymer in North America will be increased by 0.08 US dollars per pound, equivalent to about 1197 yuan per ton; NPG in the European market will be increased by 250 euros per ton, and NPG in the North American market will be increased by 221 US dollars per ton, equivalent to a price increase of 1500 to 1700 yuan per ton. The price increase of overseas categories is significantly higher than that of the domestic market.

2. Sherwin-Williams, effective from September 1, 2026: The prices of all products of the coatings store group will be increased by 8%. The global coating leader has officially joined this round of price hike camp.

Commodity Price Hikes Across All Categories of Domestic Basic Chemical Raw Materials, with Differentiated Market Trends in Different Regions

In addition to the official price adjustment letters from enterprises, the prices of domestic basic chemical raw materials in the spot market have also risen simultaneously. Solvents, alcohols, benzenes, ketones and plastic raw materials have all followed the price increases:

1. Cyclohexanone: Prices in the mainstream national market have risen; the quotation in the Shandong market is 9300 to 9400 yuan/ton, with a single-day increase of 250 yuan/ton; the East China market has increased by 25 yuan/ton; the quotation in the Guangdong market is 9400 to 9450 yuan/ton, with an increase of 75 yuan/ton. The upward drive comes from the rise in spot prices of upstream pure benzene, and refineries have driven downstream linked price increases.

2. Industrial-grade dimethyl carbonate: The price increased by 100 yuan/ton in Shandong, 50 yuan/ton in East China, and 150 yuan/ton in South China. There is no new increase in industry spot inventory, supply and demand are tight, manufacturers have a strong willingness to support prices, downstream enterprises are stocking up on rigid demand, and foreign trade orders are delivered stably.

3. Isopropanol: The price increased by 100 yuan/ton in Jiangsu and Ningbo markets, and 200 yuan/ton in the Dongguan market. The price of upstream acetone is strong, with sufficient cost support. Some enterprises have concentrated on raising prices, traders' quotations have moved up, and downstream enterprises are passively purchasing on rigid demand.

4. Methanol: Prices have risen across the country, with obvious differences in regional price increases; Shaanxi and Shanxi increased by 110 yuan/ton, Inner Mongolia increased by 88 yuan/ton, and Sichuan-Chongqing increased by 80 yuan/ton; Shandong, Guangdong, Northeast China, Henan, Anhui, Taicang and other places increased by 20 to 70 yuan/ton. The market is in short supply, coastal supply has contracted, exports have improved, and the price center has continued to rise.

5. High-boiling aromatic hydrocarbon solvents: Jiangsu SA 1000# increased by 150 yuan/ton, SA 1500# increased by 25 yuan/ton; Shandong SA 1000# increased by 85 yuan/ton, SA 1500# increased by 75 yuan/ton. Affected by the回落 of crude oil, the market's wait-and-see sentiment has intensified, and manufacturers mainly follow up with small and cautious price increases.

6. Xylene: Jiangsu isomeric xylene increased by 120 yuan/ton, solvent-grade xylene increased by 125 yuan/ton; Guangdong isomeric xylene increased by 150 yuan/ton; Beijing-Tianjin-Hebei and Shandong increased by 50 to 95 yuan/ton. Driven by the rise in oil prices, there is a bullish sentiment, but terminal transaction volume is insufficient, showing a situation of price increases but shrinking volume.

7. Sec-butyl acetate: The price increased uniformly by 50 yuan/ton in East China, North China and Shandong, and 25 yuan/ton in South China. The rise in upstream raw materials and low plant operating rates have led to limited supply; however, downstream enterprises have a weak willingness to take delivery, and transaction volume has failed to increase.

Main Characteristics and Current Market Situation of This Round of Price Hikes

This round of chemical raw material price hikes in September 2026 has the characteristics of full coverage, simultaneous domestic and overseas markets, differentiated price increases and cost-driven. It is a large-scale price adjustment market that resonates in the global chemical market, covering all core products of the industrial chain such as resins, coatings, electronic substrates, plastics, solvents, alcohols and benzenes.

In terms of price increase range, conventional raw materials, solvents and plastic auxiliaries mainly see small increases, with the increase per ton concentrated between 20 and 400 yuan; the price increase of overseas high-end raw materials is prominent, and some products of BASF have a maximum increase of 1700 yuan per ton converted into RMB; the electronic substrate sector leads the industry, with Nanya Plastics' CCL and PP prices increasing by 20% to 25%; the coatings sector implements an 8% proportional price adjustment by Sherwin-Williams.

Multiple factors have jointly promoted this round of market trends: at the macro level, the turmoil in the international geopolitical environment has brought about chain reactions in the industrial chain; on the cost side, upstream basic raw materials such as crude oil and pure benzene have been running at high levels, and energy, logistics and packaging costs have continued to rise; at the industry level, the operating rates of plants in many regions are low, spot inventory is tight, most categories are in short supply, and the cost pressure of enterprises is difficult to digest internally, forcing price adjustments to be implemented.

In terms of terminal market performance, it is easy for the industry to raise prices but difficult to increase transaction volume. Upstream quotations have risen, and the market has a strong bullish atmosphere, but downstream terminal enterprises only maintain passive stocking on rigid demand, with weak willingness to purchase. Most categories see price increases but shrinking volume, and the market's wait-and-see sentiment has warmed up, and the subsequent market trend tends to be cautious.