Chemical Prices Today (June 30, 2026): Daily Market Trends & Price Changes

Basic Chemicals prices remained mixed on June 30, with Acetone, Isopropyl alcohol, Phosphoric Acid, Nickel, and Chloroform extending losses as downstream purchasing stayed cautious amid ample market supply. Meanwhile, Propylene glycol surged more than 11% on the day, supported by tighter spot availability and improved replenishment demand, while Mineral oil, Lithium carbonate, Propylene, and Sulfur also recorded gains on stronger procurement and feedstock support. Although Phosphoric Acid declined nearly 5% from the previous day, it remained over 17% higher month-on-month, reflecting elevated phosphate-chain costs after earlier sulfur-driven price increases. Market sentiment continued to be shaped by divergent supply-demand fundamentals, with solvent markets under pressure from weak consumption while sulfur- and battery-related products found selective support from raw material dynamics and improving industrial demand. Recent industry news also highlighted continued strength in China's chemical exports despite increasingly divergent market trends across product chains, while upstream phosphate producers maintained firm pricing amid ongoing sulfur cost volatility and temporary production constraints.

Fine Chemicals prices strengthened overall on June 30, led by a sharp increase in Poly(ethylene glycol), which surged nearly 16% day-on-day amid tight spot availability and active downstream replenishment demand. Tetrahydrofuran (THF) also extended its upward trend, supported by firmer feedstock costs and improving procurement from the engineering plastics and solvent sectors. In contrast, Melamine edged slightly lower as ample supply and subdued construction-related demand continued to weigh on the market, while Sodium metabisulfite remained largely stable, reflecting balanced supply-demand conditions. Recent industry news indicates that improving operating rates across specialty chemicals and resilient downstream manufacturing demand have supported selective price rebounds in solvent and polymer intermediates, although buyers remain cautious amid broader macroeconomic uncertainty and uneven recovery across end-use industries.

Energy, Plastics and Other Chemicals markets showed mixed performance on June 30. WTI Crude Oil rebounded nearly 3% from the previous session as geopolitical concerns and expectations of tighter near-term supply supported oil prices, although the benchmark remained more than 15% lower than a month ago. Supported by firmer upstream costs, ABS and HDPE posted modest gains, reflecting stable demand from packaging and consumer goods manufacturers. In contrast, Asphalt and Gasoline edged slightly lower amid adequate domestic supply and seasonally cautious purchasing, while Carbon continued to soften on subdued industrial demand. Recent industry news suggests that volatility in global crude oil markets continues to influence the pricing of downstream petrochemical products, but abundant polymer inventories and cautious buying activity are limiting the extent of cost pass-through across the plastics value chain.