全球化工市场要情 2026年第12期(总36期)
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全球化工市场要情
Global Chemical Market Highlights
2026年第12期（总36期）
Issue #12, 2026 (Total 36)
中文版
一、
全球化工市场要情
01
沙特朱拜勒工业区遭大范围打击
4月7日，沙特阿拉伯东北部朱拜勒工业区当天发生爆炸，系遭到大范围打击。朱拜勒工业区是全球重要石化生产基地之一，年产量约6000万吨石化产品，占全球总产量的6%至8%。区内聚集多家大型石化企业及项目。其中，沙特基础工业公司为该工业区主要投资方之一。此外，由美国陶氏化学公司参与的萨达拉项目，以及由沙特阿美公司与法国道达尔能源公司共同投资的项目，亦位于该工业区内。
02
博禄国际集团成立
近日，奥地利OMV与阿联酋ADNOC联合宣布，完成对博禄、北欧化工的合并并收购加拿大诺瓦化学，正式成立博禄国际集团，双方各持股50%。新公司总部位于奥地利维也纳，在阿联酋设立地区总部，全球布局多座运营与创新中心。随着博禄-4 扩建项目投产，其聚合物总产能1360万吨/年，跻身全球第四大聚烯烃生产商，整体资产规模超600亿美元。前三分别为中国石化、中国石油、沙特基础工业公司（SABIC）。
03
韩国拟补贴石脑油进口
近日，受中东冲突引发的供应链中断影响，韩国产业通商资源部宣布投入4695亿韩元（约合3.1亿美元）补贴石脑油进口，补贴将覆盖进口单价涨幅的50%。同时追加1584亿韩元用于扩大石油储备，相关预算草案力争于4月10日前通过。此外，韩国还将发放总计389亿韩元的紧急援助金，助力企业缓解物流成本压力并开拓替代市场，自3月27日起实施为期5个月的石脑油出口禁令，全力保障国内医疗及核心产业所需石化产品的供应稳定。
二、
主要化工产品市场动态
石脑油CFR日本下跌2.8%至1118.1美元/吨
装置及市场动态：本周，亚洲石脑油市场呈现弱势回调态势。霍尔木兹海峡短暂通航后再度中断，市场担忧情绪随之有所缓解；然而，俄罗斯货源的到货时间与供应数量均难以填补东北亚地区的缺口，预计4-5月供应紧张局面仍将延续。
乙烯CFR东北亚下跌0.8%至1446美元/吨
装置及市场动态：本周，亚洲乙烯市场呈现分化态势，东南亚价格小幅上涨，东北亚则微幅下跌。受多地假期因素影响，市场商谈活跃度偏低；同时，原料短缺导致裂解装置开工率维持低位，现货供应偏紧。下游利润持续承压，叠加中东局势反复，买卖双方整体保持谨慎观望态度。
纯苯FOB韩国上涨4.3%至1150.4美元/吨
装置及市场动态：本周，全球纯苯市场呈现先扬后抑的走势；其中美国市场涨幅尤为显著。周初，受霍尔木兹海峡通航担忧的影响，成本支撑作用增强；而停火协议达成后，市场恐慌情绪有所降温，价格随原油行情回调。当前市场仍存在不确定性，生产商大多持谨慎观望态度。
对二甲苯CFR中国下跌0.4%至1243.6美元/吨
装置及市场动态：本周，国际PX市场呈现先窄幅上行、后大幅下挫的走势；周初，受原油价格偏强运行及韩国装置检修的支撑，市场价格冲高；进入中后期，停火消息引发原油价格暴跌，PX市场受此拖累同步走低，期货合约亦大幅下探。
English Version
Ⅰ、
Global Chemical Market Brief
01
Large-scale Attack on Saudi Arabia's Jubail Industrial City
On April 7, an explosion occurred in the Jubail Industrial City in northeastern Saudi Arabia, resulting from a large-scale attack. Jubail Industrial City is one of the world's key petrochemical production bases, with an annual output of approximately 60 million tons of petrochemical products, accounting for 6% to 8% of global production. The area hosts multiple major petrochemical companies and projects. Among them, Saudi Basic Industries Corporation (SABIC) is one of the main investors in the industrial zone. Additionally, the Sadara project, involving U.S.-based Dow Chemical Company, and a project jointly invested by Saudi Aramco and France's TotalEnergies, is also located within the industrial zone.
02
Borouge International Group Established
03
South Korea Plans to Subsidise Naphtha Imports
Recently, affected by supply chain disruptions caused by the Middle East conflict, South Korea's Ministry of Trade, Industry and Energy announced the allocation of 469.5 billion won (approximately $310 million) to subsidise naphtha imports, covering 50% of the increase in import unit prices. An additional 158.4 billion won will be used to expand oil reserves, with the relevant budget draft aiming for passage by April 10. Furthermore, South Korea will distribute a total of 38.9 billion won in emergency aid to help companies alleviate logistics cost pressures and explore alternative markets. A five-month ban on naphtha exports has been in effect since March 27 to fully ensure the stable supply of petrochemical products needed for domestic medical and core industries.
Ⅱ、
Market Dynamics of Major Chemical Products
Naphtha CFR Japan fell by 2.8% to $1,118.1/tonne
Plant and Market Dynamics: This week, the Asian naphtha market showed a weak correction trend. Concerns eased somewhat after the Strait of Hormuz briefly reopened to navigation before being disrupted again. However, the arrival times and supply volumes of Russian cargoes are unlikely to fill the gap in Northeast Asia, and the supply shortage is expected to persist from April to May.
Ethylene CFR Northeast Asia fell by 0.8% to $1,446/tonne
Plant and Market Dynamics:This week, the Asian ethylene market showed diverging trends, with prices in Southeast Asia rising slightly while those in Northeast Asia edged down. Market activity was subdued due to holidays in several regions. Meanwhile, feedstock shortages kept cracker operating rates low, resulting in tight spot supply. Downstream profit margins remained under pressure, and with ongoing volatility in the Middle East, buyers and sellers generally maintained a cautious wait-and-see stance.
Benzene FOB South Korea rose by 4.3% to $1,150.4/tonne
Plant and Market Dynamics: This week, the global benzene market initially rose before giving up gains, with the U.S. market seeing particularly significant increases. Early in the week, cost support strengthened due to concerns over Strait of Hormuz navigation. After a ceasefire agreement was reached, market panic subsided, and prices corrected lower in line with crude oil trends. Uncertainty still prevails in the market, and most producers remain cautiously watchful.
Paraxylene CFR China fell by 0.4% to $1,243.6/tonne
Plant and Market Dynamics:This week, the international PX market initially moved narrowly higher before plunging sharply. Early in the week, prices surged on the back of strong crude oil prices and plant maintenance in South Korea. In the mid-to-late week, news of a ceasefire triggered a sharp drop in crude oil prices, dragging the PX market lower, with futures contracts also falling significantly.
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