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The 2026 semi-annual report is being intensively disclosed, and Shanghai chemical companies have handed over an impressive “report card”. According to Wind data, up to now, out of 74 chemical companies in Shanghai that have predicted or disclosed results, 51 have increased net profit, accounting for 68.92%. Among them, 34 companies had a net profit increase of more than 100%. Among companies that have disclosed results, the profitability of the main business has improved markedly. Many interviewees believe that the recovery in the chemical industry is the result of a combination of increased demand-side resilience and supply-side “anti-domestic” policy restrictions. It is expected that the industry will continue in the second half of the year.
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The 2026 semi-annual report is being intensively disclosed, and Shanghai chemical companies have handed over an impressive “report card”. According to Wind data, up to now, out of 74 chemical companies in Shanghai that have predicted or disclosed results, 51 have increased net profit, accounting for 68.92%. Among them, 34 companies had a net profit increase of more than 100%. Among companies that have disclosed results, the profitability of the main business has improved markedly. Many interviewees believe that the recovery in the chemical industry is the result of a combination of increased demand-side resilience and supply-side “anti-domestic” policy restrictions. It is expected that the industry will continue in the second half of the year.
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