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The transfer of LyondellBasell's European assets to Velogy has introduced fresh uncertainty for buyers of adhesive raw materials. Procurement teams sourcing European EVA, VAM and acrylic acid should closely monitor production plans at the French and German cracker sites.
China's rapid expansion of PTA and PX capacity has reshaped the global polyester supply chain entering Q3 2026. While Gulf PX supply gradually returns, Chinese overcapacity continues to pressure export prices, creating new opportunities and challenges for buyers across Asia.
China’s urea export limits and aggressive methanol-to-olefins (MTO) rates set the stage for 2026 chemical flows. July pricing decisions will reveal whether China will defend its crisis‑era share or recalibrate toward market balance. Global buyers must watch China’s export strategy closely.
