Sharp jumps of RMB 600/ton for ABS and PC; PA edges up RMB 300/ton; PE surges by as much as RMB 550/ton.
September Price Adjustments Kick In: Wanhua, BASF and Other Major Chemical Players Roll Out Rounded‑up Price Hikes.
Effective September 1, price adjustment notices previously released by multiple domestic and overseas chemical enterprises came into force. Multiple sectors including polyamides, coating resins and electronic‑grade chemicals saw widespread price rises. Geopolitical disruptions pushing up raw‑material costs constitute the core driver behind this round of price increases.
Polyamide (Nylon) Industry Chain: BASF’s Third Round of Price Hikes This Year
BASF raised prices for caprolactam, nylon 6 and nylon 6/66 copolymers in North America effective September 1 by USD 0.08 per pound, equivalent to roughly RMB 1,197 per ton. This marks the company’s third price increase for nylon‑related products in 2026. BASF noted that ongoing global geopolitical tensions continue to weigh on the nylon supply chain, and further price adjustments remain possible going forward.
Coatings & Resin Sector: Multiple Producers Lift Prices for Acrylics and Powder‑Coating Resins
Sherwin‑Williams implemented an 8 % price increase for its Coatings Store Group product line starting September 1. The firm stated it timed the adjustment after the peak coating season to mitigate impacts on downstream customers.
Allnex simultaneously raised quotations for powder‑coating resins, with indoor‑grade, general‑weather‑resistant and super‑weather‑resistant resin grades all up by RMB 500 per ton.
Hengshui Xinguang New Materials had already implemented tiered price increases for architectural‑coating and waterproof‑material product lines on August 25.
Wanhua Chemical lifted prices for acrylic acid and butyl acrylate. Acrylic acid across Northeast, North and East China rose RMB 200 per ton to RMB 8,200 per ton; butyl acrylate in multiple regions was increased RMB 400 per ton to RMB 9,300 per ton.
Electronic‑Material Segment: Nan Ya Plastics Phases‑in Price Adjustments for CCL and PP
Effective September 1, the Electronic Materials Division of Nan Ya Plastics initiated price revisions for copper‑clad laminates (CCL) and prepreg (PP). Initial market reports cited potential hikes of 20 %‑25 %. The adjustments stem from higher costs for copper foil, glass‑fiber cloth and core resin feedstocks, alongside tight supply of glass fabrics driving procurement expenses higher.
The company later clarified that a blanket one‑time 20 % price increase was not being applied. Instead, adjustments are negotiated individually with each customer and rolled out in progressive phases.
Basic Chemicals: Synchronized Price Rises Across Multiple Grades by Wanhua and BASF
Wanhua Chemical lifted ex‑factory quotations for a range of basic chemicals across China: butadiene in Shandong rose RMB 180 per ton; methyl tert‑butyl ether went up RMB 50 per ton; tert‑butanol increased RMB 100 per ton; styrene in North and East China gained RMB 200 per ton; n‑butanol nationwide rose RMB 100 per ton; LDPE pellets in Shandong, East and South China were raised RMB 50‑100 per ton.
BASF raised European and North American prices for neopentyl glycol and 1,6‑hexanediol. European neopentyl glycol climbed EUR 250 per ton (approx. RMB 1,944 per ton); North‑American neopentyl glycol rose USD 221 per ton (approx. RMB 1,500 per ton). European 1,6‑hexanediol increased EUR 300 per ton (approx. RMB 2,332 per ton).
What’s Behind the Price Surge: Cost Pass‑Through from Geopolitical Supply Disruptions
The collective price surge across chemical products traces back to tightened global energy and basic‑chemical feedstock supplies. Since March 2026, intensifying geopolitical conflicts in the Middle East have disrupted shipping through the Strait of Hormuz. Roughly 20 % of global crude‑oil trade and large volumes of chemical feedstock shipments have been affected. International oil prices have moved higher, while supplies of bulk feedstocks such as benzene and ethylene have contracted and costs have climbed. Upward price pressure is cascading down through downstream industrial chains.
Post time: Sep-04-2026