Chemical Tanker Traffic Through the Strait of Hormuz Continues, Supporting Petrochemical Trade and Supply Chain Stability

According to industry market information, several vessels carrying Monoethylene Glycol (MEG) have transited the Strait of Hormuz in recent days. Most of these shipments are reportedly destined for mainland China, with a combined cargo volume of approximately 80,000 metric tons. In addition, several other chemical tankers have also passed through the region, although their cargoes have not yet been officially confirmed and may include products such as MEG, methanol, or paraxylene (PX).

Market tracking also suggests that several additional MEG vessels remain in the Persian Gulf awaiting departure. Among them, two vessels are expected to deliver approximately 50,000 metric tons of cargo to mainland China. If vessel movements continue as scheduled, these cargoes are expected to arrive by the end of July.

Meanwhile, loading activities have also been observed at terminals along Saudi Arabia's western coast, although details regarding cargo types and destinations have not yet been confirmed.

Import Outlook Remains Positive

Based on current vessel movements and shipping schedules, July arrivals of imported petrochemical cargoes are expected to reach approximately 320,000–350,000 metric tons. Assuming shipping conditions remain stable, import volumes could increase further in August as additional cargoes enter the market.

The Strait of Hormuz is one of the world's most important maritime corridors for energy and petrochemical products, connecting major producers in the Middle East with manufacturing and consumer markets across Asia and beyond. Stable vessel movements through the waterway help improve supply chain visibility and support the timely delivery of raw materials.

Implications for the PET Industry

For the Polyethylene Terephthalate (PET) industry, the continued movement of MEG cargoes provides positive support for feedstock availability, as MEG is one of the two principal raw materials used in PET resin production alongside purified terephthalic acid (PTA).

Beyond raw material supply, stable maritime transportation also benefits the broader PET value chain. Reliable shipping routes help improve delivery predictability, support production planning, and facilitate international trade in PET resin and other petrochemical products. Although global supply chains continue to be influenced by market demand, production capacity, and logistics conditions, uninterrupted vessel movements through key shipping corridors contribute to greater confidence in cross-border trade and supply chain continuity.

As international logistics networks continue to stabilize, efficient transportation remains an important factor in supporting the global circulation of raw materials, intermediates, and finished petrochemical products.

Source: Adapted from China Chemical Fiber Information Center (CCF) market information, June 2026.