Stock prices surge! Multiple A-share companies officially announce: product prices have been adjusted!

On March 11, the A-share chemical sector collectively rebounded, with many chemical concept stocks hitting the daily limit. Behind the hot capital market is the ongoing wave of price increases in the chemical industry.

Jianbang Co., Ltd. recently issued a product price adjustment notice stating that due to significant increases in upstream raw material prices and tight supply, the company’s production costs have risen sharply. After careful consideration, the company decided to adjust product prices starting March 10. The price of the Sike “3-(2-hydroxyethyl) isocyanuric acid ester” series will increase by 1,500–2,500 yuan per ton; PVC heat stabilizer series products—diphenylmethane (DBM)/stearoylphenylmethane (SBM)—will increase by 2,500–3,500 yuan per ton, and acetylacetonate salts will increase by 1,000 yuan per ton.

Jinghe Integration also stated during recent research that some of the company’s contract manufacturing prices have already increased. The company will actively respond to market changes by optimizing product structure, improving operational efficiency, and expanding application fields, while formulating reasonable pricing strategies based on customer needs and market dynamics.

Runtu Co., Ltd. recently released an investor relations activity record, indicating that due to recent increases in raw material prices, the price of dispersed dye black has risen by about 24,000 yuan per ton. Currently, the company’s dispersed dye black is priced around 40,000 yuan per ton. The main driver of this price increase is the rise in the prices of key intermediates in raw materials. The company’s annual production capacity of raw materials is about 8,000 tons. Production is market-driven, mostly for internal use to support the company’s dispersed dyes.

Additionally, several chemical companies such as Satellite Chemical, Hongqiang Co., Ltd., and Huafeng Superfiber have announced price increases. Huafeng Superfiber stated in its price increase notice that, affected by the recent “black swan” event, the global macro environment has experienced drastic changes, with crude oil prices continuing to rise and market supply and demand tightening. Since December 2025, crude oil prices have increased by over 30%, with further upward trends expected. Related chemical raw materials have also continued to rise during this period, significantly increasing costs. After careful consideration, the company plans to raise the price of superfine fiber base fabric by 1–4 yuan per meter starting March 9, 2026, marking the first wave of price adjustments. Future prices will continue to be adjusted in line with international crude oil and raw material prices.

Hongqiang Co., Ltd. announced a product price increase notice, stating that due to the impact of Middle East geopolitical tensions on raw material costs and market conditions, the company has decided that from 9:00 a.m. on March 11, 2026, the sales prices of Hongqiang chemicals’ polyether monomers, nonionic surfactants, and hydroxyl esters will be increased by 50–80% based on pre-price increase raw material costs.

“Currently, the company has adjusted prices in response to industry changes,” said Satellite Chemical.

Earlier, on March 4, global chemical giant BASF announced price increases of up to 20% for antioxidants, processing aids, and light stabilizers used in plastics applications worldwide. These products are core additives in plastic production, covering sectors such as packaging, building materials, and automotive parts. BASF stated that the price hikes are driven by rising costs of core raw materials, fixed costs due to inflation, and global freight costs.

Analysts point out that the collective rise in futures prices of chemical products is mainly triggered by ongoing tensions in the Middle East. The Strait of Hormuz handles over 30% of global seaborne oil and over 20% of liquefied natural gas transportation, and is a crucial route for Middle Eastern chemical exports to Asia. China, as a major importer of chemical products, sources over 50% of key commodities like methanol and sulfur from the Middle East and Iran, with nearly 40% of propane imports also relying on this region.

The tense geopolitical situation has driven up chemical prices from two main perspectives: on the cost side, concerns over disruptions to chemical plant operations in Iran have increased, leading to expectations of reduced global chemical output and supply tightening; on the market sentiment side, disruptions in shipping through the Strait of Hormuz have directly reduced import volumes and sharply increased shipping costs, causing shortages in supply in the second quarter.

Guangfa Securities’ research report states that the ongoing US-Iran geopolitical tensions are one of the main factors driving recent increases in chemical prices. In a March 8 report, they analyzed 336 chemical products tracked and found that 195 of them, or 58%, experienced price increases in the first week of March (March 2–6). The report believes that the continued escalation of US-Iran tensions is obstructing oil supply and transportation, sustaining the upward trend in chemical prices.

Huatai Securities believes that China’s chemical industry chain is relatively resilient, with short-term supply impacts being weaker than overseas companies. Once supply chain expectations stabilize, a global inventory replenishment will help sustain the industry’s recovery. They recommend paying attention to leading companies with complete industrial chains.