China Chemical Market Weekly: Florfenicol Holds Floor, CNY Still Strong — June 7, 2026

FX Watch: RMB Holds Near 6.77 — Favorable Window Persists

The RMB continues to trade at its strongest levels since early 2023. Today's reference:

SUNWARD's note: For AU/NZ and SE Asian buyers with USD or local-currency budgets: the current CNY level represents improved purchasing power of roughly 7% vs. the April peak of 7.33. If you have Q3 or Q4 delivery needs, locking in a CNY-denominated quote now while rates are favorable makes financial sense. The window is still open — but it won't stay open indefinitely.

For Australian and New Zealand buyers: the AUD/CNY rate around 4.86 is stable. Your purchasing power for CNY-denominated purchases has been steadily improving since January. Consider locking in if you have forward purchasing needs.

For Turkish buyers: USD/EUR-denominated terms remain preferable given TRY volatility. CNY/TRY continues around 6.75 — factor this into your landed cost calculations.

For Indonesian, Pakistani, Bangladeshi, and Philippine buyers: major port connectivity is strong. Lead time is quoted per product — it depends on the material, the quantity and the factory. Consolidation recommended for orders under 500kg.

Shipping Update: China–AU/NZ Route Stable but Elevated

Ocean freight from China to Australia and New Zealand remains elevated but predictable. 30/kg, which far exceeds the value of most bulk chemical shipments.

SUNWARD's note: For buyers in AU/NZ and SE Asia: the first direct shipping route between Australia and Qingdao Port (launched January 2026) is gradually improving port connectivity. Book space 2–3 weeks ahead for fixed delivery windows. Consolidation is the most cost-effective option for orders under 500kg — we can help arrange this.

Crude Oil: WTI Holds Above $90/bbl — Input Cost Pressure Ongoing

WTI crude continues trading above $90/barrel, driven by Middle East tensions and continued Hormuz Strait disruptions. Petrochemical feedstock costs remain elevated. Key products to monitor:

• Propylene Glycol — oil-linked; price adjustment risk in 2–4 weeks
• DOTP (Plasticizer) — cost push likely in coming weeks
• IPA (Isopropyl Alcohol) — demand steady, supply adequate

SUNWARD's note: If you're running fixed-price contracts with your end customers, now is the time to review your landed cost assumptions. Petrochemical-linked products like Propylene Glycol may see adjustments before the end of June. Buyers in AU/NZ and SE Asia who source multiple products from China should consider locking in pricing now rather than waiting.

Which products are worth watching this week?

SUNWARD's note: For buyers in Indonesia, Pakistan, Bangladesh, and Philippines: Tilmicosin Phosphate and Florfenicol are both available for a quoted lead time to major ports. MOQ 1 FCL — small orders welcome. Full GMP documentation and batch-specific COA included as standard. This is a good window to build forward inventory before H2 demand typically uptick.

What is the bottom line for buyers?

Sourcing multiple products from China? I can help consolidate orders, arrange consolidated shipping, and manage documentation (GMP files, COA, etc.). Small orders from one FCL welcome — mix and match to fill a container.