Price Trends

This week, the price of pure benzene in Shandong region of China increased from 8,127.67 CNY/ton to 8,751 CNY/ton, a price increase of 7.67%. Sinopec raised prices at multiple refineries, and the rise in international oil prices supported the pure benzene market. It is expected that pure benzene will maintain a high-level fluctuation in the short term.

• Pure benzene price
• market analysis
• crude oil futures
• overseas pure benzene

This week, the styrene market in China showed a strong upward trend, rising from 9,070 CNY/ton on August 31 to 9,920 CNY/ton on September 4, with a price increase of 9.37% during the period, and a year-on-year increase of 32.27%.

• Styrene market
• price increase
• weekly price increase
• year-on-year increase

As of September 3, 2026, the spot market for maleic anhydride in China has shown a fluctuating trend, with prices at a high point in the annual cycle and limited room for further increases. The factory prices for solid and liquid maleic anhydride in Jiangsu and Shandong provinces remain stable. Upstream raw material support is strong, and downstream demand is steady. The mean difference signal indicates a strong rebound (favoring a bullish outlook).

• Maleic anhydride market conditions: volatile pattern
• high-end range
• cost support

In August, the propylene oxide market experienced wide-ranging fluctuations in an “M”-shaped pattern, with the price center shifting upward by 163% Raw material propylene remained at high levels, providing strong cost support; on the supply side, production declined due to concentrated plant maintenance, while demand remained generally weak but was supported by large-scale purchases from major manufacturers

• Propylene oxide price trends
• cost support
• tight supply
• weak demand

On September 3, 2026, the propylene oxide market in China showed a rebound with a slightly upward fluctuation. The 5-day and 10-day moving averages increased, while the 20-day moving average slightly declined. In the short term, the price is at a high level with limited room for further increase; in the medium to long term, the price is at a moderate level, allowing for bidirectional fluctuations. The current signal indicates a strong rebound (bullish).

• Propylene oxide
• Market analysis
• Fluctuating rebound
• Market trend

In September, the price of phthalic anhydride in China rose again due to increased costs and tighter supply, but it may face resistance later due to the release of new production capacity and weak demand from downstream sectors. The current quote for phthalic anhydride is 9,483.33 CNY/ton, up 0.89% from the beginning of the month. In the short term, it is expected to fluctuate at a high level, with a general trend toward stabilization.

• Phthalic anhydride prices rise
• cost support
• tightening supply
• outlook for the future market

This week, the market price of Aniline in China increased from 13,425 CNY/ton to 13,525 CNY/ton, with a weekly increase of 0.74%, and a year-on-year increase of 79.14%. The rise in the price of pure benzene led to an increase in the price of Aniline, but downstream purchasing intentions weakened. It is expected that there will be significant resistance to further increases in the price of Aniline in the short term.

• Aniline market: prices are rising
• costs are increasing
• demand is weakening.

According to urea spot price data as of September 3, 2026, the short-term price trend is characterized by volatility. The 5-day and 10-day moving averages show positive changes, while the 20-day moving average shows a negative change, signaling a strong rebound. Prices over the 60-day and 3-month periods are at low levels with limited room for further decline; prices over the 1-year period are at mid-range levels, with balanced upside and downside potential.

• Urea Market Trends
• Price Trend Analysis
• Market Signal Interpretation
• Risk Warnings

This week, the price of activated carbon in China fell from 12,266 CNY/ton to 12,366 CNY/ton, a decrease of 0.82%. The prices from coconut shell activated carbon manufacturers have stabilized and are slightly stronger, due to tight raw material supply and increased logistics costs, providing clear support at the bottom. It is expected that prices will maintain a volatile but slightly stronger trend in the short term.

• Activated carbon prices
• cost support
• tight supply
• volatile trend

On September 4, 2026, the n-butanol market showed a volatile trend. The price fluctuations were relatively small, and supply and demand in the market were fairly balanced. In the short term, the market is expected to remain at its current state.

• n-butanol
• market trend
• fluctuating operation
• chemical product

This week, the isopropanol market price in Shandong, China, increased from 7,516.66 CNY/ton to 7,966.67 CNY/ton, a price increase of 5.99%. The cost support for raw materials is strong, and suppliers are reluctant to sell. Downstream buyers are cautious in their purchases. It is expected that the market will remain strong and stable in the short term.

• Isopropyl alcohol market prices
• raw material cost support
• chemical market analysis
• future market outlook

On September 4, 2026, the DMF market in China was strong, with prices at a high level and limited room for further increases. The prices of upstream raw materials provided strong support, while downstream demand remained stable. The delivered price for bulk water in South China was 5850-6000 CNY/ton, and in Shandong and surrounding areas, it was 5600-5700 CNY/ton. The signal indicated a strong consolidation, with a trend that was slightly bullish.

• DMF market
• strong consolidation
• cost support
• stable demand

This week, the price of sodium metabisulfite in China fell by 0.67%, from 3996 CNY/ton to 3970 CNY/ton. The main reasons are the weakening of raw material cost support and ample supply. Downstream demand is mainly rigid demand procurement, and it is expected that prices will maintain a weak and volatile trend in the short term.

• Sodium metabisulfite
• prices decline
• cost support weakens
• market supply is ample.

In August, the BDO market price in China increased from 7,783 CNY/ton to 8,108 CNY/ton, a price increase of 4.18%. The reduction in supply due to numerous maintenance operations and the increase in cost pressures, coupled with improved but still resistant downstream demand to high prices, are the main factors. It is expected that the BDO market in China will mainly undergo a period of consolidation after the price increase.

• BDO market
• price increase
• reduced supply
• rising costs

From August 28 to September 4, the BDO price in China increased from 8,091 CNY/ton to 8,375 CNY/ton, a price increase of 3.50%. Tight supply, increased downstream demand, and cost support pushed the market to rise steadily, and it is expected to continue to increase in the future.

• BDO market
• price increase
• tight supply
• enhanced cost support

The price of ethanol in China has been adjusted to 5,516 CNY/ton, with a 2.36% decrease over the past three months. The impacts on the supply and demand sides are mixed. On the cost side, the price of corn has slightly increased. In terms of supply, 4,240,000 tons of production capacity were shut down during the month. Demand, however, has slightly increased overall. It is expected that the increase in demand before the holiday will drive the ethanol market prices higher.

• Ethanol Market
• Price Adjustment
• Supply-Demand Relationship
• Future Market Forecast

In September 2026, ethylene glycol prices hit a four-year high, with the average price in China reaching 6370 CNY/ton, a 64.85% increase from the beginning of the year. The main reasons include reduced imports due to geopolitical conflicts in the Middle East, supply contraction in China, low port inventory, increased costs, and rigid downstream demand. In the short term, prices are expected to remain at high levels with volatility, but they are projected to decline in the medium to long term.

• Ethylene glycol prices
• tight supply of imported goods
• low port inventory
• rising costs

On September 4, 2026, the melamine market trend is expected to be volatile, with the current signal indicating strong consolidation (bullish bias). The moving average divergence shows a combination of (-, +, +), suggesting that short-term prices are at the median level, while long-term prices remain at the lower end, providing a solid foundation for an upward recovery.

• Melamine
• Market Analysis
• Price Trends
• Volatile Market Conditions

As of September 3, 2026, the MTBE market in China has shown a strong and volatile trend, with prices in the main production areas increasing. The 5-day and 10-day average differences have risen, while the 20-day average difference has fallen, indicating a short-term strong rebound. Despite the high prices, the room for further increases in the short term is limited. It is recommended to monitor real-time data.

• MTBE
• oscillating but strong
• high prices
• rebound nature

On September 4, 2026, the petcoke market in China showed a volatile and bearish trend. The combination of changes in the 5-day, 10-day, and 20-day moving averages was (+, -, +), indicating a clear signal of stagnation. The short-term downward space is limited. Upstream crude oil cost support still exists, but downstream demand is weak.

• Petroleum coke
• volatile market
• stagnation warning
• upstream and downstream analysis