Price Trends

On November 22, 2025, the average price of coke stood at 1,538 CNY per ton, marking the implementation of the fourth round of price hikes, with mainstream steel plants increasing their prices by 50–55 CNY per ton Tight supply of coking coal continues to support costs, while total inventory levels saw a slight uptick Meanwhile, national production of metallurgical-grade coking coal is expected to decline to 488 million tons

• Coke market
• rising prices
• tight supply
• high volatility

This week, the polyethylene market in China continued to show weakness, with LLDPE, LDPE, and HDPE prices falling by 0.21%, 0.73%, and 1.00% respectively. Supply pressure increased, and demand was weak. The impact of crude oil price fluctuations was limited, and it is expected that polyethylene will continue to operate weakly in the short term.

• Polyethylene market: prices decline
• demand remains weak
• supply pressures rise

This week, the PVC market in China continued to be weak, with the price range falling by 096%, and the average price of calcium carbide method SG-5 type dropping to 4,416 CNY per ton The supply and demand fundamentals show an oversupply, with insufficient downstream demand and low trading activity Upstream calcium carbide prices are hovering at low levels, providing limited support

• PVC market trend
• prices weaken
• supply and demand imbalance
• market sluggish

This week (November 17-21), the price of polyester bottle chips fluctuated downward, from 5,745 CNY/ton to 5,710 CNY/ton. The cost support weakened, supply was loose, and demand was weak. The export market was also weak. It is expected that in the short term, prices will fluctuate within the range of 5,650-5,800 CNY/ton, following the upstream raw material price adjustment.

• Polyester bottle flake prices decline
• cost-side support weakens
• supply remains ample
• demand is weak.

This week, the asphalt market in Shandong region showed limited fluctuations, with the factory price of #70 heavy traffic asphalt rising slightly to 3030-3040 CNY/ton The national supply has decreased due to several companies halting production or switching to other products, but the resumption of production at Qilu Petrochemical and other refineries in the future will increase supply pressure

• Asphalt Market
• Shandong Region
• Supply Pressure
• Shrinking Demand

This week, the pure benzene market price in Shandong region of China first fell and then rose, with an overall decrease of 1.25%. The price at the beginning of the week was 5317.67 CNY/ton, and by Friday it had dropped to 5251 CNY/ton. The external pure benzene prices increased, but crude oil futures closed lower. It is expected that the market will experience minor fluctuations in the short term, and attention should be paid to the cost, demand, and facility dynamics.

• Pure benzene market prices
• Shandong region
• Crude oil futures
• Overseas pure benzene prices

This week, the caustic soda price remained stable, with the market average price at 824 CNY/ton, a year-on-year decrease of 19.29%. In Shandong, Jiangsu, and Inner Mongolia, the prices for 32% ion-membrane caustic soda were 730-840 CNY/ton, 850-970 CNY/ton, and 2350-2450 CNY/ton (converted to 100%), respectively. It is expected that the caustic soda market in China will maintain a consolidation trend in the later period.

• Caustic soda prices
• market trends
• supply-demand dynamics
• chemical industry index

This week (11.17-11.21), the styrene market price range in China fluctuated, with the average price at the beginning of the week being 6720 CNY/ton, and dropping to 6620 CNY/ton by the end of the week, resulting in an overall price decrease of 1.19%.

• Styrene Market: Price Volatility
• Weekly Price Decline
• Chemical Products

This week, the TDI market in East China remained stable, with an average price of 14,233 CNY/ton, a year-on-year increase of 12.52%. In terms of supply, Wanhua in Fujian is operating at reduced capacity, and Hanwha in Korea is undergoing plant maintenance. The cost of toluene has slightly increased. It is expected that the TDI market will show a stronger trend due to price increases from major factories in northern China.

• TDI market
• stable market prices
• supply fluctuations
• cost-side impacts

This week, the aniline market in China saw a slight increase, with prices rising from 7,800 CNY/ton on November 17 to 7,825 CNY/ton on November 21, a price increase of 0.32%. The supply in the East China region is tight, and inventories are low, with strong cost support. It is expected that the market will show a stronger trend in the short term.

• Aniline Market: Prices Rising
• Cost Factors Providing Support
• Inventory Levels Low

This week, the urea market in China has seen an increase, with the reference average price rising from 1630 CNY/ton to 1655 CNY/ton, a price increase of 1.53%. The futures market has driven up the spot price; although supply is ample, demand has increased, and the winter storage market is progressing. It is expected that urea prices will continue to rise in the short term.

• Urea Market: Price Increases
• Supply-Demand Dynamics
• Future Outlook

This week, the Chinese titanium dioxide market remained stable but relatively sluggish, with weak demand and a strong wait-and-see attitude from downstream consumers The average market price for sulfate process rutile titanium dioxide was 13,500 CNY/ton, with quotations ranging from 12,900 to 13,900 CNY/ton; anatase titanium dioxide quotations ranged from 12,000 to 12,500 CNY/ton

• Titanium dioxide market
• market conditions temporarily stable
• demand is light
• operating weakly and steadily.

In mid-November, the average price of 85% industrial-grade thermal phosphoric acid in China increased from 6,710 CNY/ton to 6,770 CNY/ton, a price increase of 0.89%. Factory quotations in Hubei, Yunnan, and Sichuan regions are around 6,500-6,900 CNY/ton. The price of raw material yellow phosphorus has stabilized with a slight decline, and market demand is poor, leading to weakened cost support. It is expected that the phosphoric acid market will mainly consolidate in the short term.

• Phosphoric acid market prices
• cost support
• yellow phosphorus market
• narrow-range adjustments

Since November, due to the weak performance of cyclohexanone and pure benzene raw materials, the Chinese adipic acid market has continued to weaken. On November 21, the average market price of adipic acid dropped to 6766 CNY/ton, a decrease of 2.87% from the beginning of the month. With terminal demand declining, it is expected that the market will remain weak in the future.

• Adipic acid market
• raw material market
• average market price has fallen
• terminal demand is weak

This week, the isopropyl alcohol market price in China remained weak and stable The average price at the beginning of the week was 549167 CNY/ton, and the average price at the end of the week was 548333 CNY/ton, with a price decrease of 015% Downstream purchasing enthusiasm was low, and new order transactions were limited The price of the raw material, acetone, declined, and cost support was moderate, leading to insufficient confidence among traders

• Isopropanol market
• weak and stable prices
• light downstream demand
• general cost support

This week, the price of sodium metabisulfite in China increased by 4.03%, with the average price of industrial-grade products rising from 1986 CNY/ton to 2066 CNY/ton. The price of upstream sulfur increased by 1.54%, and the price of downstream caprolactam increased by 2.33%. The increase in costs led to a rise in prices. It is expected that the market price will maintain a volatile but strong trend in the short term.

• Sodium metabisulfite
• Price trend
• Cost increase
• Market forecast

From November 17 to 21, China's BDO price remained at 7,442 CNY/ton, down 0.31% week-over-week and 15.42% year-over-year. Market wait-and-see sentiment was strong, with supply slightly reduced but still ample, and both cost and demand factors were bearish. It is expected that future fluctuations will be limited.

• BDO market: prices stable
• supply and demand balanced
• cost bearish

November 17-21, the price of ethanol in China was adjusted to 5,289 CNY/ton, a decrease of 374% month-over-month and 418% year-over-year The market showed some signs of recovery, but there were regional differences The positive factors for cost have weakened, and the operating rate in the northeastern region is high on the supply side On the demand side, the capacity utilization rate of ethyl acetate has slightly decreased

• Ethanol Market: Cost Support
• Increased Supply
• and Fluctuating Demand

This week, the market price of acetone in China continued to weaken, with the East China market price dropping from 4200 CNY/ton to 4163 CNY/ton, a decrease of 087% Supply is ample, and although there has been little change on the demand side, an expected increase in the facility utilization rate for bisphenol A may boost demand The cost support from benzene has strengthened

• Acetone market: prices decline
• supply increases
• demand remains steady

This week, the market price of ammonium sulfate in China saw a slight increase The average price of caprolactam-grade ammonium sulfate rose from 1060 CNY/ton to 1063 CNY/ton, with a price increase of 031% The operating rate of coke-grade ammonium sulfate remained stable, while the operating rate of caprolactam-grade ammonium sulfate was reduced, leading to a decrease in supply Downstream purchasing enthusiasm was not high, and the volume of transactions was limited

• Ammonium sulfate market
• price trend
• supply and demand situation
• future market forecast