In the first quarter of 2026, the profits of the chemical industry showed a significant recovery and the industry's prosperity continued to rise.
Recently, according to reports from authoritative financial media such as Securities Daily, in the first quarter of 2026, the domestic chemical industry's prosperity steadily improved, and the industry's profit level achieved significant growth. Leading enterprises in sub-sectors such as coal chemical and fluorine chemical industries performed outstandingly, laying a solid foundation for the high-quality development of the industry throughout the year.
The data shows that in the first quarter, the overall profit scale of the chemical industry sector increased significantly year-on-year, and the core sub-sectors witnessed a multi-point growth trend. Among them, the coal chemical industry benefited from the recovery of downstream demand, the stabilization and rebound of product prices, and the optimization of raw material costs. The profitability of enterprises continued to improve. Yanzhou Coal Energy achieved a sales gross profit of 1.601 billion yuan in its coal chemical business in the first quarter, increasing its profit by 114 million yuan year-on-year. Jinmu Technology's gross profit margin reached 7.70% in the first quarter, an increase of 10.79 percentage points compared to the 2025 annual level. The fluorine chemical industry maintained high-level operation thanks to the acceleration of import substitution for high-end products and the optimization of industry supply and demand structure. Leading enterprises had full orders. Juhua Share achieved an attributable net profit of 1.173 billion yuan in the first quarter, increasing by 45.93% year-on-year. Haowei Technology's attributable net profit increased by 66.73%, and Duofuduo's attributable net profit increased by as much as 480.14%, highlighting the resilience of industry profits.
Industry insiders have analyzed that the recovery in the chemical industry's prosperity in the first quarter was mainly attributed to three factors: Firstly, the domestic macroeconomy has steadily recovered, and the demand in the manufacturing sector has picked up, which has driven the growth of the terminal demand for chemical products; Secondly, the supply-side structure of the industry has continued to improve, with backward production capacity being gradually eliminated, and the industry concentration further increasing, enhancing the bargaining power of leading enterprises; Thirdly, the prices of raw materials have tended to stabilize, and the cost pressure on enterprises has been effectively relieved, allowing for the continuous release of profit margins.
From the perspective of industry development trends, with the continuous advancement of China's dual-carbon policy and the accelerated transformation and upgrading of the chemical industry, fields such as green chemistry, high-end chemistry, and fine chemistry will become the core directions of industry development. In the future, the entire industry will undergo a transformation towards higher quality, lower carbon emissions, and greater refinement.
Ftunex Group will closely follow industry policies and market trends, keep a close eye on industry dynamics, adhere to the concepts of safety, compliance and green development, focus on core businesses, continuously enhance technological innovation capabilities and core competitiveness, actively seize development opportunities in the industry, contribute to the high-quality development of the chemical industry, and provide customers with higher-quality products and services.
