What happened to India's customs duty exemption on 40 critical petrochemical products as of 15 July 2026?

India’s customs duty exemption on 40 critical petrochemical products—including polymers, methanol, and polyols—expired as of 15 July 2026, with no further notice of extension from the government as of 16 July 2026.

How did Singapore’s petrochemical exports perform in June 2026 compared to the same period last year?

Singapore’s petrochemical exports in June 2026 fell 27.9% year on year to S$785.7 million ($609.1 million), according to official data from Enterprise Singapore released on 17 July 2026.

Asia Weekly Roundup: Petrochemical Exports, Methanol Supply, and Trade Policies

Jul 20, 2026

Singapore petrochemical exports fell 27.9% while India's import duty exemptions on key chemicals expired this week. ICIS analysis notes volatile Asian market trends driven by Middle East tensions, weak demand, and shifting methanol and polypropylene supply flows.

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Asia Weekly Roundup: Petrochemical Exports, Methanol Supply, and Trade Policies

Asia Weekly Roundup: Petrochemical Exports, Methanol Supply, and Trade Policies

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