Price Trends

On April 13, although the price of propylene oxide was on an upward trend, the gap between its 10-day moving average and 20-day moving average narrowed, and all five levels were at high positions and in a state of overselling for the year, indicating limited room for price increases. It is recommended to operate with caution, focusing on small purchases or mainly observing.

• Propylene oxide prices
• upward trend
• high risk at elevated levels
• cautious operation

This week, the caustic soda price remained stable, with the market average price at 738 CNY/ton, a year-on-year decrease of 1098% The quotations in Shandong, Zhejiang, and Inner Mongolia regions were 670-810 CNY/ton, 1000-1050 CNY/ton, and 2300-2400 CNY/ton (converted to 100%), respectively In terms of supply, although the operating rate of enterprises has increased, there is significant inventory pressure, and downstream demand is cautious

• Caustic soda prices
• trading in a consolidation phase
• inventory pressure
• downstream demand

This week, the styrene market price in China fluctuated and fell, dropping from 10,540 CNY/ton at the beginning of the week to 10,180 CNY/ton by the end of the week, with an overall price decrease of 3.42%.

• Styrene Market
• Price Decline
• Weekly Price Decrease
• Market Analysis

This week, the price of DOP stopped rising and fell, from 10,25917 CNY/ton on April 1st to 10,27583 CNY/ton on April 10th The ceasefire agreement between the United States and Iran led to a decrease in crude oil prices, and the prices of raw materials such as isooctanol and phthalic anhydride also declined, resulting in a reduction in the cost of DOP It is expected that the price of DOP will remain weak and consolidate in the future

• DOP price
• crude oil market conditions
• isooctanol price
• phthalic anhydride price

This week (April 6–10), China’s polymeric MDI market prices continued to rise, with a weekly price increase of 399% Supply is tightening Major manufacturers have raised their suggested retail prices and are offering discounts, while imports have dwindled On the cost side, the rebound in crude oil prices has driven benzene prices to fluctuate strongly but remain relatively firm

• Polymerized MDI
• market price
• tightening supply
• cost support

This week, the price of sodium metabisulfite in China increased by 16.34%, rising from 3,366 CNY per ton at the beginning of the week to 3,916 CNY per ton by the end of the week. The continuous rise in the price of upstream raw material sulfur has driven up the price of sodium metabisulfite. It is expected that the market price in China will maintain a strong and volatile trend in the short term.

• Sodium metabisulfite
• price increase
• market analysis
• future forecast

From April 3 to 10, the BDO market supply increased, with limited overall growth in demand, leading to a wider supply-demand gap and a slowing of price increases. The price of carbide decreased, while the price of methanol remained firm, influenced by favorable cost factors. Downstream industries showed varied operating conditions, with a weaker ability to accept high-priced raw materials. It is expected that the BDO market will mainly see a consolidation after the increase.

• BDO market
• increased supply
• impact on the demand side
• favorable factors on the cost side

Affected by the news of a US-Iran ceasefire, energy and chemical futures plunged across the board, with WTI crude oil prices falling by more than 19% The PET bottle flake market, supported by low inventory levels, shrinking supply, and strong underlying demand, demonstrated remarkable resilience against price declines, with price decreases significantly smaller than those of raw materials

• Energy Chemical Futures
• PET Market
• Soaring Oil Prices
• Resilience Against Declines

This week, the price of anhydrous hydrogen fluoride in China increased due to cost pressure, with the benchmark price of hydrofluoric acid reaching 15,100 CNY per ton, a 2.95% increase from the beginning of the month. The rise in the cost of raw materials such as sulfuric acid and fluorspar, along with tight supply, has pushed up the price of hydrofluoric acid by 500-800 CNY per ton. Downstream refrigerant demand remains stable but purchases are cautious.

• Anhydrous hydrogen fluoride
• rising costs
• sulfuric acid costs
• tight fluorite supply

On April 8, international crude oil prices plummeted, with both WTI and Brent crude falling below $100 per barrel The primary reasons were the temporary ceasefire between the US and Iran, expectations of resumed navigation through the Strait of Hormuz, and an unexpectedly large build-up in US crude oil inventories, all of which triggered a concentrated unwinding of geopolitical risk premiums

• International crude oil
• geopolitics
• sharp drop in oil prices
• accumulating inventories

This week, the polyester bottle chip market in China fluctuated at high levels, with prices ranging between 8,600 and 8,800 CNY per ton The cost end is strongly supported by geopolitical factors and oil prices, with tight supply and cautious demand

• Polyester bottle chip market
• high-level fluctuation
• cost-driven
• tight supply

This week, the styrene market in China showed a fluctuating downward trend. The average price at the beginning of the week was 10,560 CNY/ton, and by the end of the week, it had fallen to 10,540 CNY/ton, with an overall price decrease of 0.19%.

• Styrene market: prices declined
• volatile trading
• weekly price decrease of 0.19%.

In March, the Chinese PC market saw a rapid increase in prices, with the benchmark price reaching 16,516.67 CNY/ton, a 26.79% increase. The supply side is operating at high capacity but has maintenance plans, and the rising price of bisphenol A is supporting costs. On the demand side, there is cautious observation. It is expected that in the short term, the PC market will steadily rise under cost support and tightening supply.

• PC market
• price increase
• supply changes
• cost support

In April, the Chinese anhydrous hydrogen fluoride market saw a significant increase, with prices in the Jiangsu and Zhejiang regions rising by 1,500 CNY per ton month-over-month. The main reason for this was the rise in the prices of raw materials, such as fluorspar and sulfuric acid, leading to higher production costs. Downstream demand for refrigerants was good, but purchases were cautious. It is expected that market prices will mainly consolidate in the short term.

• hydrofluoric acid
• cost increase
• fluorspar price
• sulfuric acid price

In March, the price of titanium dioxide in China increased, with the average price of sulfate process rutile titanium dioxide rising from 13,900 CNY/ton to 15,260 CNY/ton, a price increase of 978% Affected by the conflict in the Middle East, the rise in sulfuric acid prices has pushed up production costs It is expected that prices will continue to rise in the short term In the first two months, titanium dioxide exports from China increased by 6

• Titanium dioxide prices
• rising raw material costs
• export data
• decrease in imports

In March 2026, the pure benzene market prices in Shandong region fluctuated and then rebounded, rising from 6,160 CNY/ton at the beginning of the month to 8,58667 CNY/ton at the end of the month, with a price increase of 3939% Affected by the war in the Middle East and the shipping in the Strait of Hormuz, the price of pure benzene fluctuated significantly Sinopec raised the price of pure benzene to 9,000 CNY/ton

• Pure benzene price
• crude oil futures
• market analysis
• future outlook

In March, China’s maleic anhydride market experienced a significant price surge, with the average price rising from 5,300 CNY/ton to 8,150 CNY/ton—a price increase of 5377% The primary driver behind this rise was the impact of geopolitical conflicts, which led to higher costs for n-butane and created a strong reluctance among sellers to part with their stocks Although downstream industries are gradually recovering, their acceptance of the high prices remains limited

• Maleic anhydride market
• Geopolitical conflicts
• Cost increases
• Downstream demand is restricted

In March, the market price of aniline surged by 24.25% to 11,362 CNY per ton, driven by heightened tensions in the Middle East, rising prices of pure benzene, and maintenance shutdowns at major manufacturers. Although crude oil prices pulled back in mid-month, leading to a decrease in costs, the overall supply-demand dynamics continue to support aniline prices at high levels. It is expected that the aniline market will remain at elevated levels in the short term.

• Aniline market
• price increase
• cost support
• tight supply

In March, the price of acetic acid in China rose strongly from 2796.67 CNY/ton to 4140.00 CNY/ton, an increase of 48.03%. Due to high methanol prices and tight supply, the acetic acid market followed with a significant increase. Strong demand from downstream products such as acetic anhydride and ethyl acetate supported the price rise. It is expected that the acetic acid market in China will continue to rise in April.

• Acetic acid market
• prices rising
• methanol support
• tight supply

As of March 31, the average market price of acetic acid rose to 4,140 CNY per ton, an increase of 19.08% from March 25. On the cost side, methanol prices remain high, and supply remains tight; downstream acetic anhydride prices are also rising strongly, further supporting the continued upward trend in the acetic acid market. It is expected that acetic acid prices will stay at high levels in the short term.

• Acetic acid market: prices up
• methanol at high levels
• acetic anhydride prices trending upward.