In the first quarter of 2026, influenced by fluctuations in international crude oil prices and a recovery in downstream demand, the overall chemical raw materials market exhibited a trend of volatile yet upward movement. Notably, export volumes for plastic resin products—such as polypropylene (PP) and polyethylene (PE)—recorded steady year-on-year growth, with demand proving particularly robust in the Southeast Asian and Middle Eastern markets.

Huafeng Chemical’s market analysis team anticipates that, driven by the continued recovery of global economic activity and the resurgence of demand across sectors such as packaging, construction materials, and daily chemicals, chemical product exports are poised to sustain their growth trajectory in the second quarter. The company advises clients to strategically plan their procurement schedules and to closely monitor fluctuations in raw material prices as well as shifts in international trade policies.