Chemical Prices Today (July 6, 2026): Daily Market Trends & Price Changes

The Basic Chemicals market showed a mixed performance on July 6, with selective feedstock-led rebounds offsetting continued weakness across several bulk commodities. Acetone (+4.43%), Aniline (+4.24%), Hydrochloric acid (+3.30%) and Phenol (+2.47%) posted notable daily gains, supported by firmer upstream aromatics, temporary supply tightness and active replenishment from downstream buyers. Meanwhile, Acetic acid extended its upward trend as producers maintained firm offers amid relatively low inventories. In contrast, Ferrous sulfate surged more than 90% on the day due to localized supply disruptions and low-base effects, while Acetonitrile, Lithium carbonate, Phosphoric Acid and Sulfur continued to decline as oversupply and cautious downstream purchasing weighed on sentiment. Overall, the market remains characterized by selective restocking and cost support, while persistent industry overcapacity and subdued end-user demand continue to limit broader price recovery across commodity chemicals. :contentReference[oaicite:0]{index=0}

The Fine Chemicals market experienced significant divergence on July 6, led by an exceptional rally in Tetrahydrofuran (THF), which surged 44.12% day-on-day and nearly 30% on a weekly basis. The sharp increase was primarily driven by tight spot availability following production disruptions at several domestic plants, coupled with aggressive replenishment from downstream PTMEG and specialty materials producers. In contrast, Dimethyl sulfoxide (DMSO) edged down 1.64% from the previous day despite remaining almost 6% higher than a month ago, as downstream purchasing slowed after earlier price gains and market participants adopted a wait-and-see approach. Overall, the fine chemicals segment was dominated by supply-side factors, with isolated shortages supporting sharp price spikes while products with relatively balanced supply and demand remained under mild correction pressure.

The Energy and Plastics market remained relatively stable on July 6, with modest movements across most products despite ongoing volatility in global crude oil markets. In the energy segment, Kerosene rose 2.50% on the day, supported by stronger seasonal transportation demand and firmer refinery quotations, while Gasoline declined 0.92% as cautious wholesale purchasing and ample domestic supply weighed on prices. Asphalt remained largely unchanged, reflecting balanced supply-demand conditions despite continued infrastructure-related consumption. In the plastics sector, HDPE and ABS posted slight daily gains as producers maintained firm pricing amid stable feedstock costs and selective downstream restocking. However, both products continued to register monthly declines, highlighting that weak manufacturing demand and sufficient market supply are still limiting a sustained recovery. Overall, sentiment across the Energy and Plastics market remained cautious, with crude oil fluctuations providing short-term cost support while subdued end-user demand continued to cap broader price increases.