SunSirs: Chemical Products Industries Bulk Commodity Intelligence (July 15, 2026)

Macroeconomics

1. [Reverse Repo] On July 15, 2026, the People's Bank of China will conduct an outright reverse repo operation totaling 1.4 trillion RMB. The operation will utilize a fixed-quantity, interest-rate tender with multiple-price winning bids; it carries a six-month (184-day) term, maturing on January 15, 2027 (postponed if falling on a holiday).

2. [Imports & Exports] Customs statistics show that in the first half of the year, my country's total import and export value for goods reached 25.47 trillion RMB, a year-on-year increase of 16.9%. Of this, exports rose 13.4% to 14.73 trillion RMB, and imports grew 22.1% to 10.74 trillion RMB. Specifically, the import and export volume for June was 4.78 trillion RMB, up 24.2% year-on-year, marking the 17th consecutive month of growth.

3. [US CPI] Data released by the US Bureau of Labor Statistics shows that the US CPI rose 3.5% year-on-year in June, while core CPI rose 2.6%; both figures represent a significant pullback from previous readings and fell short of market expectations. The CPI declined 0.4% month-on-month in June—the first such drop in six years—with the magnitude of the decline far exceeding the expected 0.1%. Following the data release, traders pushed back their bets on a Federal Reserve rate hike to October.

4. [US ADP Employment] US ADP employment increased by 19,750 last week, compared to a previous figure of 21,000.

Chemicals

1. [Ammonium Sulfate] In accordance with the *Law of the People's Republic of China on Import and Export Commodity Inspection* and its implementing regulations, the General Administration of Customs has decided to adjust the catalogue of import and export commodities subject to mandatory inspection. Customs supervision condition "B" has been added to two 10-digit HS codes covering ammonium sulfate exports, meaning these goods are now subject to mandatory export inspection.

2. [Lithium Carbonate] On July 13, the Nigerian Mining Cadastre Office approved the transfer of three lithium exploration licenses to the Australian company C&C Minerals.

3. [Lithium Carbonate] On July 12, Phase I of Sichuan Guocheng Lithium Industry’s 200,000-ton-per-year lithium salt project officially commenced production in Mianzhu City, Deyang.

4. [Urea] On July 13, Gansu Energy & Chemical announced that the Phase I project of Liuhua Chemical has produced urea, and the entire synthetic ammonia-to-urea production line is now fully operational.

5. [MDI] It is reported that the integrated facilities—including TDI (250,000 tons/year) and MDI (400,000 tons/year) units—and related auxiliary systems at Wanhua Chemical’s BorsodChem site in Hungary are scheduled to undergo staggered maintenance shutdowns starting July 17, 2026, with the process expected to last approximately 35 days.

6. [Styrene] On July 15, Lihuayi Weiyuan Chemical Co., Ltd. quoted styrene at 8,480 RMB/ton, an increase of 250 RMB/ton from the previous trading day.

7. [N-Butanol] On July 15, Shandong Lihuayi quoted n-Butanol at 6,800 RMB/ton, an increase of 200 RMB/ton compared to the previous working day.

SunSirs has been continuously tracking price data for over 200 commodities for nearly 20 years, please contact support@sunsirs.com for subscription.