Price Trends

This week, the market price of n-butanol in Shandong, China first declined and then stabilized. As of September 5th, the reference price was 5983 CNY/ton, a decrease of 1.91% from September 1st. Market supply inventory is low, and demand is cautious, with the cost of propylene slightly increasing by 0.53%. It is expected that the n-butanol market will mainly consolidate in the short term.

• N-butanol Market: Price Reductions
• Stable Supply and Demand
• Cost Support

In early September, due to the decline in the prices of raw materials such as pure benzene and cyclohexanone, as well as weakening terminal demand, the adipic acid market in China weakened. The average market price fell from 7,383 CNY/ton to 7,366 CNY/ton, a decrease of 0.23%. Analysts expect the market to remain weak in mid-September.

• Adipic acid
• market decline
• negative factors
• raw material market

This week, the isopropanol market price in China saw a slight increase, rising from 5608.33 CNY/ton at the beginning of the week to 5658.33 CNY/ton by the end of the week, with a price increase of 0.89%. The market trading atmosphere in China has improved, and manufacturers have shown a clear intention to maintain prices, but downstream demand remains mainly based on order fulfillment. It is expected that the market will mainly experience minor adjustments in the short term.

• Isopropanol market price
• slightly increased
• demand
• future forecast

This week, the price of sodium metabisulfite in China fell, with the average price of industrial-grade products decreasing from 2023 CNY/ton to 2016 CNY/ton, a price decrease of 0.33%. The upstream soda ash price dropped by 1.98%, while the sulfur price increased by 0.5%. The downstream caprolactam price decreased by 0.37%. Market transactions were slow, and it is expected that the price trend will be weak and volatile in the short term.

• Sodium metabisulfite
• price decline
• slow market transactions
• weak and fluctuating trend

From September 1 to 5, the average price of BDO in China was 7,542 CNY/ton, a decrease of 9.90% compared to the previous period. Supply has increased, but demand has also recovered somewhat, maintaining a stalemate in the market. The prices of raw materials, such as calcium carbide and methanol, have weakened, which is unfavorable for cost. It is expected that the BDO market will mainly operate steadily.

• BDO market: prices decline
• both supply and demand increase
• cost factors weigh negatively

This week, the price of ammonium sulfate in China showed a weak downward trend, falling from 1,053 CNY/ton on September 1st to 1,026 CNY/ton on September 5th, with a price decrease of 2.53%. The market supply is sufficient, but demand is weak. Downstream buyers are cautious, and the trading atmosphere is poor. It is expected that the price of ammonium sulfate will continue to be weak in the short term.

• Ammonium sulfate prices
• market supply and demand
• market analysis
• future forecast

From September 1st to 4th, the methanol market price in East China ports fell to 2,271 CNY/ton, with a 081% increase during the period, but a decline both month-over-month and year-over-year The price weakness was due to increased supply and inventory accumulation Methanol futures prices on the Zhengzhou Commodity Exchange rose by 147% Demand was mixed, while the supply side was bearish Foreign market prices were stable or slightly lower

• Methanol Market
• Price Fluctuations
• Supply-Demand Changes
• Cost Support

This week, the prices of gasoline and diesel from Shandong independent refineries fluctuated downward, with 92# gasoline and 0# diesel decreasing by 127% and 056%, respectively The crude oil market was in a low-level fluctuation, and the supply of refined oil increased, but weak demand led to the prices of gasoline and diesel remaining at a low level

• Prices of refinery-produced gasoline and diesel
• crude oil market trends
• refined oil supply
• market demand

From September 1st to 5th, the price of MTBE increased from 5007 CNY/ton to 5036 CNY/ton, a price increase of 0.50%, but it fell by 16.30% year-on-year. Market demand has risen due to increased exports and spot purchases, but the resistance from downstream buyers has led to a decrease in transactions. The decline in international oil prices has put pressure on the cost side, and it is expected that there will still be room for a slight decrease in the future.

• MTBE market
• price fluctuations
• crude oil prices
• market demand

Since September 1, the hydrogen peroxide market in China has weakened, with prices falling from 703 CNY/ton to 690 CNY/ton, a price decrease of 1.9%. Due to the decline in demand from the terminal printing and papermaking industries and the shutdown of some manufacturers for maintenance, leading to reduced supply pressure, it is expected that the price of hydrogen peroxide will remain weak in the future.

• Hydrogen peroxide market
• price decline
• demand drop
• supply pressure

This week, the price of activated carbon increased from 12,866 CNY/ton to 12,933 CNY/ton, a price increase of 0.52%. The demand for coconut shell activated carbon used in water purification in China has grown, but the supply of raw materials has decreased due to a decline in coconut production in Southeast Asia. It is expected that the price of activated carbon will maintain a strong and volatile trend in the short term.

• Activated carbon prices
• growing demand
• supply shortages
• applications in the environmental protection sector

Recent fluctuations in lithium carbonate prices have been severe, with supply-side disruptions becoming the dominant factor Events such as the suspension of production at CATL's mining area and the rectification of the Yichun lithium mine have led to market expectations of a supply contraction, driving up prices However, the resumption of production at Jiangte Motor has disrupted these expectations, causing prices to fall In August, China's lithium carbonate production reached a new high

• Lithium carbonate price fluctuations
• supply-side disruptions
• steadily rising demand
• structural supply-demand mismatches

In August, the maleic anhydride market in China continued to decline As of September 2nd, the average price was 5,605 CNY/ton, a decrease of 439% from the beginning of the month The supply was affected by increased production in the northeastern region and cautious market operations The prices of upstream raw materials, such as pure benzene and n-butane, have also declined The demand for unsaturated resins downstream is limited

• Maleic anhydride market
• market supply
• upstream raw materials
• downstream demand

In August, ethyl acetate prices fluctuated downward, with the average price dropping from 5,44667 CNY/ton to 5,38000 CNY/ton—a decrease of 122% Downstream demand remained weak, while supply pressures persisted, contributing to a generally bearish market sentiment Although plant shutdowns at the end of the month and export orders provided some support, overall demand failed to improve

• Acetic acid ethyl ester price
• market demand
• supply pressure
• future market forecast

On September 2nd, the Chinese acetone market continued to decline. In the East China region, offers were reported at 4,450-4,480 CNY/ton, down by 100 CNY/ton; prices in Shandong, Yanshan, and South China regions generally fell by 150 CNY/ton. The market has abundant spot resources, with manufacturers facing significant pressure to sell. End-users have low intentions to replenish their stocks.

• Acetone market
• price decline
• abundant spot resources
• pressure on manufacturers to sell inventory

In August, the melamine market in China reversed its decline and increased due to tightened supply, with prices rising from 5,66250 CNY/ton to 5,67500 CNY/ton In mid-August, high temperatures led to reduced production in the main producing regions, tightening supply and pushing up prices By late August, as maintenance facilities restarted, supply increased, and prices stabilized Demand remained weak, and the decline in urea prices weakened cost support

• Melamine Market: Shrinking Supply
• Price Fluctuations
• and Lackluster Demand

In August, the domestic refinery petroleum coke market first rose and then fell, with an overall slight increase of 188% At the beginning of the month, prices rose due to downstream inventory replenishment and low inventory levels; in the middle and late part of the month, shipments were average, leading to a price decline On the demand side, electrolytic aluminum production is approaching its upper limit, and the recovery in the silicon industry's operating rate is supporting market demand

• Petroleum coke market
• Cost impact
• Supply side changes
• Demand analysis

In August, the market price of acrylonitrile in China fluctuated between 7,800 and 8,200 CNY per ton, with a weak supply-demand balance Although both supply and demand have increased, the problem of overcapacity still exists, and it is estimated that the total annual consumption and exports will be less than 4,000,000 tons

• Supply and demand are in a weak balance
• acrylonitrile market
• overcapacity
• production reduction and control

Recently, the Chinese natural rubber spot market has been consolidating at a high level, with prices around 14,958 CNY/ton, a slight decrease of 0.11% from the previous week. Downstream tire production remains stable, and raw material prices are firm, with port inventory slightly decreasing to 602,000 tons. The price of latex in Thailand has risen to 55.45 Thai baht per kilogram. It is expected that the natural rubber market will fluctuate and explore upward trends in the future.

• Natural rubber
• Market conditions
• Tire production
• Inventory decline

In August, the PP market in China experienced fluctuating consolidation, with a slight decrease in prices. The support from raw material costs was moderate, and the supply remained loose due to increased operating rates and expectations of new line commissioning. Demand was transitioning between the off-season and peak season, with light trading activity, but there is potential for demand to pick up. It is expected that the peak season may arrive in the second half of September.

• PP market: Supply is ample
• demand remains subdued
• prices are being lowered.