Propylene glycol (PG), a versatile colorless liquid with the formula C₃H₈O₂, is a vital chemical widely used across industries. It serves as a key raw material for unsaturated polyester resins, antifreeze solutions, cosmetics, food additives, and pharmaceutical formulations. Thanks to its low toxicity and excellent solvency, PG has maintained stable global demand in recent years. China has emerged as the world’s leading PG producer and exporter, with capacity expanding steadily to meet both domestic and international needs. In 2024, China’s PG exports reached 249,300 tons, up 21.38% year-on-year, and the growth continued into 2025. The first half of 2025 saw exports hit around 140,000 tons, a 31.09% year-on-year increase.
Holidays keep market participants cautious Chinese domestic losses weigh on NBA, 2-EH Producers mull lower export volumes
Awesome News! We are very thrilled to announce that MARCHEM CN CO., Ltd. held a grand moving-in ceremony on June 12, 2025, and we officially moved to our new office address. Michael (CEO of Marchem Australia), Noki (leader of Marchem Thailand), and Mary (leader of Marchem China) joined the ribbon-cutting ceremony, and witnessed this significant moment.
Breaking: Israeli airstrikes trigger complete shutdown of MEG, methanol, urea, and ammonia production in Iran, sending global supply chain risks skyrocketing.
According to the latest industry news, relevant national authorities recently held a meeting to study and finalize the urea export control policy from May to September 2025. The total export quota for this year is set at 2 million tons, which will be implemented in two batches: the first batch of 1 million tons will be implemented from May to July, and the second batch of 1 million tons will be implemented from August to September.
There is uncertainty in the global processed phosphate market on the back of tight supplies and China’s absence from the market.