Chemical Prices Today (July 29, 2026): Daily Market Trends & Price Changes

Basic Chemicals prices showed a mixed performance on July 29, with upstream energy and petrochemical feedstocks providing selective support while downstream purchasing remained largely demand-driven. Propylene (+3.77%), Dichloromethane (+3.98%), Heptane (+2.60%), and Ethyl Acetate (+2.48%) recorded notable daily gains, supported by tighter spot availability, production adjustments, and improving procurement from downstream coating and solvent sectors. Methanol also rebounded 1.68% on the day despite remaining down nearly 14% month-on-month, reflecting bargain buying after prolonged weakness. Meanwhile, Acetone fell sharply by 4.41% as downstream buyers maintained cautious purchasing and ample market supply continued to pressure prices, extending the weakness seen across China's acetone market during July. Isopropyl Alcohol, Nickel, and Urea also edged lower amid soft demand fundamentals. Overall, although several petrochemical intermediates recovered on short-term supply tightening, the broader market remained constrained by conservative downstream consumption and mixed feedstock trends. Industry sentiment was also influenced by recent reports highlighting continued optimization of global aromatics and olefins supply chains, while China's role in Benzene, Propylene, and other key petrochemical markets continues to expand, supporting medium-term trading activity despite near-term demand uncertainty. :contentReference[oaicite:0]{index=0}