全球化工市场要情暨化销国贸高质量发展系列报道2026年第16期(总309期)
2026
全球化工市场要情暨
化销国贸高质量发展
系列报道
Global Chemical Market
Highlights & SCCI
High Quality Development
Series Report
2026年第16期（总309期）
Issue #16, 2026 (Total 309)
中文版
化销国贸声音
要贯彻落实化工产品出口拓市创效专题会精神，坚决打赢市场营销攻坚战。2026年4月30日，集团公司召开化工产品出口拓市创效专题会，对化销国贸加大化工产品出口攻坚力度，打开出口拓市创效新局面寄予厚望、充满期待。全体干部员工要深入学习贯彻出口拓市创效专题会精神，敢挑重担，迎难而上，牢记“五个服务”初心使命，明晰“中国石化化工产品出口商”的战略定位，将系统内化工产品出口作为第一要务，持续内化于心、外化于行，不断提升中国石化化工产品的国际影响力和竞争力；要抢抓当前市场机遇，持续加大全球“扫市场”力度，强化重点目标市场、重点出口产品市场分析研判，加快海外仓建设，锚定更高出口目标加压奋进；要高度重视各境外公司、代表处提供的商情商机，做好提级管理和沟通反馈，坚决避免因自身工作不到位而引致的出口局面被动，坚决将党组领导关于化工品出口拓市协调机制的指示要求落实到位。
全球化工市场要情
播报员：吴青蓝
一、全球化工市场要情
1. 亚洲能源告急，供应深度挤压。
霍尔木兹海峡关闭以来，亚洲石油储备快速告急，每日供应缺口超300万桶。区域能源安全呈现两极分化：菲律宾进入国家能源紧急状态，东南亚多国实施限电；日本释放战略储备，印度燃料价格大幅上涨，韩国推出千亿级救助计划。美国、西非、拉美原油难以填补中东缺口，4月亚洲替代进口量不足缺口的15%，炼厂适配性、运输成本、产能规模三重制约明显。若海峡在夏季前无法恢复通航，亚洲或将面临全面能源危机与经济增长失速。
2. 高盛再度上调油价预测。
高盛预计，2026年四季度布伦特原油价格将达到90美元/桶，WTI原油价格将达到83美元/桶。中东地区正面临空前的供应冲击，成品油紧缺与价格高企进一步加剧了油价上行风险，并已引发需求破坏现象：二季度全球石油需求预计减少170万桶/日，全年需求较2025年将出现小幅下降。目前，中东石油产量损失已达1450万桶/日，市场持续处于紧平衡状态。ING等机构指出，美国与伊朗的和谈进展有限，约1300万桶/日的供应缺口难以快速弥补，短期库存仅能起到缓冲作用。
3. 阿联酋石油巨头砸550亿美元布局。
阿布扎比国家石油公司宣布，2026至2028年将授出约550亿美元的项目合同，用于全产业链投资，以强化本土制造能力与工业韧性，为国家经济转型提供支撑。近期，阿联酋已退出欧佩克及“欧佩克+”机制，市场普遍认为，其目的是在能源转型完成前加快油气资源变现，并将所得资金投向经济多元化及人工智能等高科技领域，从而巩固自身在能源与工业领域的竞争力。
二、本周主要化工品市场动态
1. 石脑油CFR日本价格上涨1.4%至1040.8美元/吨。
装置及市场动态：本周，亚洲石脑油价格大幅上行，主要受国际油价走高带来的成本端支撑。中东地区供应持续收紧，尽管有部分印度及欧洲货源补充，但仍难以完全填补供应缺口，亚洲部分化工企业已开始改用LPG作为替代原料。
2. 甲醇CFR中国价格维持420美元/吨。
装置及市场动态：本周，国际甲醇市场整体走弱，仅美国市场相对平稳。亚洲市场跌幅明显，中国港口库存充足，进口商主动下调报价，刚需支撑有限；东南亚市场受中国货源冲击持续走弱。欧洲市场库存回升、需求偏弱，价格延续下行。
3. 乙烯CFR东北亚价格下跌5%至1291美元/吨。
装置及市场动态：本周，亚洲乙烯价格连续三周走低，现货市场交投清淡。东北亚本土货源供应增加，进一步对价格形成压制；东南亚刚需疲软，买卖价差较大，实际成交偏少。上游石脑油震荡运行，指引有限，装置负荷有所提升，市场整体保持谨慎观望。
4. 甲苯FOB韩国价格上涨4.7%至1075.6美元/吨。
装置及市场动态：本周，亚洲甲苯价格震荡上行，原油及石脑油偏强运行提供成本支撑，但下游溶剂及汽油调合需求偏弱，限制了价格涨幅。国内市场补货情绪提升带动行情回暖，欧美甲苯同步走强，美国调油需求稳健、欧洲需求改善，共同推动价格上涨。
5. 纯苯FOB韩国价格上涨2.2%至1129美元/吨。
装置及市场动态：本周，欧洲纯苯价格随能源盘面走强，亚洲及美国市场维持高位区间震荡。中美两地供应充足，但中东地缘冲突持续，市场对供应中断风险的担忧升温，价格波动幅度有限，后续需重点关注美伊局势及全球供需格局变化。
6. 对二甲苯（PX）CFR中国价格上涨1.9%至1272美元/吨。
装置及市场动态：本周，亚洲PX价格震荡走高，国际油价走强叠加装置检修集中、供应偏紧，支撑厂商挺价推涨。但终端聚酯需求表现一般，下游客户追涨谨慎，周内后半段价格涨势明显放缓。
7. 乙二醇CFR中国价格上涨1.8%至637美元/吨。
装置及市场动态：本周，亚洲乙二醇价格止跌趋强，市场进入初步去库存阶段，但港口库存仍处于高位，终端需求复苏乏力，压制了价格反弹空间，行情主要跟随华东市场波动。东南亚地区供应偏紧格局暂未改变。
8. 己内级硫酸铵FOB中国价格维持298美元/吨。
装置及市场动态：本周，己内级硫酸铵价格高位坚挺。国内生产企业暂无出货压力，多持挺价待市策略；印度方向晶体需求依然旺盛，短线市场预计维持坚挺走势。
9. PP纤维/注塑料CFR东南亚价格上涨0.8%至1333美元/吨。
装置及市场动态：本周，亚洲聚丙烯价格小幅波动，东南亚买盘清淡、煤制烯烃产量增加对价格形成拖累。印尼关税利好尚未落地，越南市场因假期休市，中国厂商节前库存偏低，惜售情绪上升，市场整体偏弱运行。
化销国贸高质量发展
系列报道
1
聚焦主责主业
抢抓黄金出口窗口期 化销国贸乙烯出口订单量创历史新高
3月底以来，国际乙烯市场供需格局起伏波动，阶段性出口窗口开启。化销国贸坚守主责主业，在化销本部统筹指导下，携手化销华南、华东、华北公司，精准抢抓东北亚、东南亚出口窗口，乙烯出口订单成交量同比翻两番，创历史新高。
为抓住黄金出口窗口期，乙烯团队密切配合、靠前对接海南炼化、中科炼化、镇海炼化、中英石化等企业，统筹海关、港口、船期安排等关键环节，保障货物高效出运。此次乙烯出口不仅拓宽了出口渠道、优化了产销布局，更抢抓行情高位时点实现增效，以有力举措推进化工板块扭亏脱困。（潘杰、杨晨光、许行、刘小平）
2
聚焦主责主业
化销国贸辛醇4月出口量创历史新高
近日，化销国贸再传捷报。在化销本部精准指导和循科公司大力支持下，辛醇团队凭借敏锐的市场洞察力和高效的执行力，4月实现单月辛醇出口量达2025年全年总量的2倍，创下历史最好水平。
这一历史性突破，源于对市场的精准研判与果断行动。自地缘冲突影响海外产能以来，现货市场价格持续在高位。辛醇团队敏锐捕捉机遇，迅速响应，紧密联手中东及东北亚运营中心，主动接洽国外客户，开发了多家新客户，成功拓展了业务与市场的版图，并接连斩获多笔高价值出口订单，当期出口订单价格均显著高于同期国内市场，在实现出口“量效齐升”的同时，抽紧了国内资源、抬升了国内价格。（张栋、袁国峯、邵婧 、石运之、Sanjana）
3
制度赋新能
制度赋能攻坚 合规护航创业
——化销国贸启动2026年度制度宣贯
为助力推进“二次创业”，决胜市场营销与安全合规两大攻坚战，4月24日，化销国贸正式启动2026年度制度宣贯工作。
本年制度宣贯涵盖12期核心课程，通过集中授课、视频连线等多元形式，配套英文注释，覆盖境内外全体员工，重点解读国际贸易核心管理制度、业务流程及与风险防控要点，旨在确保全员“听得懂、学得会、用得上”。
此次宣贯明确三点要求：一要学深悟透，深刻把握“合规为要、避险优先、稳健经营”的管理逻辑；二要知行合一，将制度要求嵌入全球“扫市场”、产销协同等关键业务环节；三要全员联动，强化“一盘棋”思想。(田苗苗)
4
加强合作交流
欧洲运营中心参加法兰克福Techtextil展会
4月21日至24日，全球领先的纺织品与柔性材料专业展会——Techtextil在德国法兰克福举办。本届展会汇聚了来自112个国家和地区的1700家参展商及超过36000名专业观众，集中展示了天然纤维、高性能服装及人工智能驱动加工技术等产业前沿热点。
欧洲运营中心依托本地优势，积极参展，全面推广中石化化工产品，并重点推介了聚酯短纤、PET、PP、PE等与纺织行业高度相关的产品。展会期间，欧洲运营中心与来自欧洲、土耳其、印度等地的50余家参展商进行了深入交流，收集了大量潜在聚酯客户信息，为后续市场开拓打下了良好基础。（黄国林、倪中泽）
5
筑牢国安观
东北亚运营中心组织参观国家安全展览厅
4月29日，为落实全民国家安全教育日相关要求，化销国贸东北亚运营中心组织员工赴香港国家安全展览厅参观学习，旨在厚植员工“爱国爱港爱中石化”的情怀，并强化国家安全意识与主人翁意识。
左右滑动查看更多
今年是第11个全民国家安全教育日，东北亚运营中心结合公司经营实际，通过实地参观展览、观看安全教育影片等形式，扎实开展国家安全教育。作为香港特区首个国家安全展览厅，展览紧扣“一国两制”实践、国家安全相关法规、祖国对香港的坚定支持等内容，让大家直观感悟国安、港安和家安紧密相连的内在关系，体会到国家安全是香港长治久安与繁荣发展的根本基石。（余惠敏、黄婉君）
6
五四先进表彰
2024年以来，化销国贸广大青年坚持以习近平总书记关于青年工作的重要思想为指导，认真学习贯彻党的二十大和二十届历次全会精神，深入学习贯彻习近平总书记对中央企业工作作出的重要指示和视察胜利油田、九江石化重要指示精神，坚决贯彻落实集团公司党组各项部署，主动将个人成长融入公司高质量发展大局，在市场开拓前沿、经营攻坚关键、创新创效实践、服务保障岗位上勇挑重担、实干笃行，用奋斗书写了亮眼青春答卷。为表彰先进、树立标杆，激励全体青年以榜样为镜、向先进看齐，经研究决定，对我司获评各级荣誉的先进集体及个人予以表彰，名单如下：
1.集团公司级
中国石化新时代青年先锋：李文雪
2.化工销售级
化工销售五四红旗团组织：化销国贸公司团支部
化工销售优秀共青团干部：王昕羽
化工销售优秀共青团员：李心妍
3.化销国贸级
化销国贸新时代青年先锋：杨丹诺、丁洁、贾安琪
化销国贸优秀共青团员：张宇航
English Version
GLOBAL CHEMICAL
MARKET BRIEF
I. Key Developments in the Global Chemical Market
1. Asia Faces Severe Energy Supply Crunch.
Since the closure of the Strait of Hormuz, Asia’s oil reserves have dropped sharply, with a daily supply gap of over 3 million barrels. Energy security varies sharply across the region:The Philippines has declared a national energy emergency, and several Southeast Asian countries have imposed power rationing.Japan has released strategic petroleum reserves; India has seen a sharp rise in fuel prices; South Korea has launched a multi-billion-dollar support package.Crude oil from the US, West Africa, and Latin America cannot fill the Middle East supply shortfall. In April, alternative crude imports covered less than 15% of the gap, constrained by refinery compatibility, shipping costs, and production capacity.If the strait remains closed before summer, Asia may face a full-blown energy crisis and an economic growth stall.
2. Goldman Sachs Raises Oil Price Forecast Again.
Goldman Sachs forecasts Brent crude at $90/bbl and WTI crude at $83/bbl for Q4 2026.
The unprecedented supply shock in the Middle East, coupled with product shortages and high fuel prices, has raised upward oil price risks and triggered demand destruction:Global oil demand is expected to fall by 1.7 million bpd in Q2.Full-year 2026 demand will edge down from 2025 levels.Middle East oil production losses have reached 14.5 million bpd, keeping the market tight.ING and other analysts note that US-Iran talks have made limited progress. A supply gap of roughly 13 million bpd will be hard to close quickly, with only temporary buffer from inventories.
3. UAE Oil Giant Plans $55 Billion Investment.
Abu Dhabi National Oil Company (ADNOC) will award about $55 billion in project contracts from 2026 to 2028.The investment will fund its full industrial chain, strengthen domestic manufacturing and industrial resilience, and support the UAE’s economic transformation.The UAE recently exited OPEC and OPEC+. Market views suggest it aims to monetize oil and gas resources ahead of the global energy transition, directing funds to economic diversification and high-tech sectors such as artificial intelligence.
II. Market Dynamics of Major Chemical Products
1.Naphtha CFR Japan rose 1.4% to 1,040.8 USD/ton.
Asian naphtha gained sharply this week, supported by higher international oil prices. Middle East supply tightened; inflows from India and Europe failed to fully offset the shortage, prompting some Asian chemical producers to switch to LPG as an alternative feedstock.
2.Methanol CFR China remained flat at 420 USD/ton.
The global methanol market softened, with only the US stable. Asia fell notably amid high Chinese port inventories and lower importer offers. Southeast Asia weakened under Chinese supply pressure, while Europe trended lower on rising stocks and weak demand.
3.Ethylene CFR Northeast Asia fell 5% to 1,291 USD/ton.
Asian ethylene declined for a third week with thin spot trading. Increased Northeast Asian supply weighed on prices; Southeast Asia saw sluggish demand and limited deals. Volatile naphtha provided little guidance, plant operating rates rose, and the market stayed cautious.
4.Toluene FOB South Korea rose 4.7% to 1,075.6 USD/ton.
Asian toluene edged up, supported by strong crude and naphtha, but capped by weak downstream solvent and gasoline blending demand. Improved Chinese restocking and firmer US/European markets (steady US blending demand, better European demand) lifted prices.
5.Pure Benzene FOB South Korea rose 2.2% to 1,129 USD/ton.
European pure benzene strengthened with energy markets; Asia and the US traded in high ranges. Ample US and Chinese supply was balanced by concerns over potential supply disruptions due to ongoing Middle East geopolitical tensions. The US‑Iran situation and global supply‑demand balance will be key monitors.
6.Paraxylene (PX) CFR China rose 1.9% to 1,272 USD/ton.
Asian PX firmed on higher oil prices, plant maintenance, and tight supply, supporting producer hikes. However, average polyester demand and cautious downstream buying slowed the rally in the latter half of the week.
7.Ethylene Glycol CFR China rose 1.8% to 637 USD/ton.
Asian ethylene glycol rebounded and entered early destocking. High port inventories and weak terminal demand capped gains, with prices mainly tracking East China. Supply in Southeast Asia remained tight.
8.Capro-Grade Ammonium Sulfate FOB China held steady at 298 USD/ton.
Prices stayed firm at high levels. Domestic producers faced no sales pressure and maintained a firm pricing stance. Robust Indian demand for crystal grade supported the short‑term market.
9.PP Fiber / Injection Grade CFR Southeast Asia rose 0.8% to 1,333 USD/ton.
Asian PP edged up slightly. Thin buying in Southeast Asia and higher coal‑to‑olefins output weighed on values. Indonesia’s tariff benefits were pending, Vietnam was closed for holidays, and Chinese sellers were reluctant to sell on low pre‑holiday inventories, leaving the market soft.
SCCI High Quality
Development
Series Report
1
Focusing on core responsibilities
and main business
Seizing the Golden Export Window, SCCI’s Ethylene Exports Hit Record High
Since late March, the international ethylene market has experienced fluctuating supply and demand, with a temporary export window opening domestically. Upholding its primary business responsibilities and guided by the headquarters, SCCI, together with South-China Company, East-China Company and North-China Company, precisely seized import windows in Northeast Asia and Southeast Asia, achieving a record high in ethylene export order volumes.
The ethylene team worked in close coordination, proactively engaging with enterprises including Hainan Refining & Chemical, Zhongke Refining & Chemical, Zhenhai Refining & Chemical and Sinopec INEOS, and coordinated all key links such as customs clearance, port arrangements and shipping schedules throughout the whole process to ensure timely cargo shipment. This export campaign has not only broadened ethylene export channels and optimized the production-marketing layout, but also capitalized on the high-price market window to generate profits, providing solid support for the high-quality development, efficiency improvement and profit growth of the chemical business segment.(Author: Pan Jie, Yang Chenguang, Xu Hang, Liu Xiaoping. Translator:Pan Jie, Qiu Jinghan)
2
Focusing on core responsibilities
and main business
The export volume of 2EH by SCCI in April reached a record high
Recently, SCCI has achieved another remarkable success. Under the precise guidance of Sinopec Chemical Commercial Company Limited and the strong support of Sinopec Recycling Technology CO. LTD., the 2-Ethylhexanol (2EH) team leveraged sharp market insight and efficient execution to deliver exceptional results. In April, the monthly export volume of 2EH reached twice the total export volume for the full year of 2025, hitting an all-time high.
This historic breakthrough was fueled by accurate market judgment and decisive operations. As geopolitical conflicts disrupted overseas production capacity, global spot prices have stayed at elevated levels. The 2EH team quickly identified and seized the market opportunity, responded promptly, and worked closely with the Middle East and Northeast Asia Business Development Centre. The team proactively engaged with overseas customers, developed a number of new clients, successfully expanded business and market footprint, and secured multiple high-value export orders in succession. Prices under these export orders were notably higher than domestic market prices in the same period. While achieving simultaneous growth in both export volume and efficiency, the efforts effectively tightened domestic resource supply and supported domestic product prices.(Author: Zhang Dong,Yuan Guofeng,Shao Jing,Shi Yunzhi,Sanjana.Translator: Zhang Dong,Niu Zihua)
3
Strengthen cooperation and exchanges
Europe Business Development Centre Participates in Techtextil Frankfurt
From April 21 to 24, the Europe Business Development Centre participated in Techtextil Frankfurt, the world’s leading trade fair for technical textiles and flexible materials. The event brought together more than 1,700 exhibitors and over 36,000 industry professionals from 112 countries, showcasing key trends such as natural fibers, high-performance apparel, and AI-driven processing technologies.
Leveraging its strong local presence, the Europe Business Development Centre promoted Sinopec’s chemical products, with a focus on polyester staple fiber (PSF), PET, PP, and PE. During the exhibition, the team engaged in in-depth discussions with more than 50 companies from Europe, Türkiye, India, and other regions. These exchanges generated valuable business opportunities and established a strong foundation for further market expansion in the region.(Author: Huang Guolin, Ni Zhongze. Translator:Gahom Chan)
中石化化销国际贸易有限公司
SINOPEC CHEMICAL COMMERCIAL INTERNATIONAL CO., LTD.
视 频：黄婉君
美 编：龙嘉铭
审 校：陈佳豪
主 编：杨骏辉