A New Round of Chemical Price Hikes Begins from April 1st.
On April 1st, 2026, a new round of price increases in the chemical industry officially kicked off, with all previously rumored price hikes materializing.
From upstream petrochemical raw materials to downstream coatings, from international giants to leading domestic companies, the entire industry chain is simultaneously experiencing a price surge. Prices of core raw materials such as TDI, MDI, and TGIC have soared, covering all categories and scenarios, unleashing a comprehensive "cost shockwave" across the chemical industry.
This price surge is not accidental; the core trigger is the energy and supply chain crisis caused by the escalating geopolitical situation in the Middle East. The cascading rise in energy and logistics costs, coupled with tight supplies of basic chemical raw materials, has ultimately created a chain-wide price increase scenario: "upstream price spikes—midstream pressure—downstream transmission."
For upstream raw material companies, price increases are a necessary measure to cope with energy and supply chain pressures.
For purchasers, it is necessary to plan procurement in advance, optimize supply chain layout, and mitigate the impact of price increases.
SINOWIN team is online 24/7 to update you on the latest raw material prices. If you have any purchasing plans in the near future, please feel free to contact us for a quote.
