Price Trends

In the second quarter of 2026, Zimbabwe approved 284 investment licenses with a total investment amount of $159 billion, of which mining and manufacturing accounted for nearly 80% The mining sector had 86 projects approved, with an investment of $7685 million; the manufacturing sector had 43 projects approved, with an investment of $4967 million

• Zimbabwean investment
• mining and industrial sector
• lithium mineral resources
• manufacturing development

On August 10, 2026, the styrene market showed a fluctuating upward trend. The 5-day and 20-day moving averages changed positively, while the 10-day moving average changed negatively, sending a warning signal of a potential stall in the uptrend, with the overall trend being bearish. The 60-day cycle price is at a mid-high level, and the 3-month and 1-year cycle prices are at mid-levels, requiring vigilance against the risk of price corrections.

• Styrene market
• fluctuating rise
• stagnation warning
• price trend analysis

Recently, the Chinese formic acid market has stabilized at a low level, with prices maintained at 1800 CNY/ton, a 21.74% decrease from last month. The supply and demand dynamics are evident, with low inventory levels supporting prices, but weak demand is constraining any upward movement. As maintenance units resume production, supply pressure is increasing, and the future market trend remains bearish, with prices likely to decline further.

• Formic acid market
• supply and demand game
• stabilization at low levels
• increased supply pressure

On August 10, 2026, the acrylic acid market in China clearly rose, with 5-day, 10-day, and 20-day moving averages all positive. The price is at a low to mid-range on a one-year cycle, with limited room for decline; it is at a high level on a 60-day cycle, with short-term increases constrained; and it is at a mid-range on a three-month cycle, with balanced potential for increase and decrease. This information is for reference only and does not constitute trading advice.

• Acrylic market conditions: Clearly on the rise
• Analysis using the mean difference method
• Price trend forecasting

The Chinese butyl acrylate market has rapidly rebounded since hitting a bottom in early July, with the average transaction price in the East China region rising from 6,750 CNY/ton to 8,000-8,300 CNY/ton The main driving factors include increased costs of upstream raw materials, concentrated price support by leading companies, and a tightening supply, as well as the release of demand from downstream restocking

• Butyl Acrylate
• Market Rebound
• Cost-Driven
• Supply and Demand Changes

On August 10, 2026, the prices of epoxy resins remained stable. The reference price for liquid epoxy resins in East China was 14,500-14,900 CNY/ton, and for solid epoxy resins, it was 13,600-13,900 CNY/ton. The current market is showing a volatile trend, with signs of stagnation and a bearish warning. The decrease in the price of phenol upstream has put some pressure on the cost end.

• Epoxy resins
• price analysis
• market trends
• industrial chain dynamics

On August 10, 2026, acetone prices continued to fluctuate, and the mean deviation indicator signaled a warning of stagnation, suggesting a short-term bearish outlook. The 60-day moving average remains at a high level, limiting further upside potential; therefore, caution is advised regarding the risk of a pullback. Price movements in upstream and downstream products such as propylene, pure benzene, and bisphenol A will influence acetone market trends.

• Acetone market
• fluctuating operation
• stagnation warning
• impact of upstream and downstream sectors

On August 10, 2026, several companies in the Chinese phenol market reduced their factory prices by 150-200 CNY per ton. The current price is in a fluctuating trend, with the average difference signal indicating a weak rebound (bearish). The 60-day and 3-month cycle prices are at a medium to high level, with limited room for increase. In the short term, the trend will mainly be fluctuating and bearish. The main companies' facilities are operating normally, with general inventory levels.

• Phenol market
• price reduction
• fluctuation with a bearish trend
• weak rebound

On August 10, 2026, the market price of phenol decreased by 150-200 CNY/ton, with the market showing a weak rebound and a generally bearish fluctuation. The average difference indicator shows that the current price is at a medium-high level, with limited room for increase. Major manufacturers' facilities are operating normally, and the inventory levels in China are generally average.

• phenol market
• price reduction
• fluctuating market
• normal operation of facilities

On August 10, international crude oil prices surged by more than 5%, primarily due to a dispute between the U.S. and Iran over an agreement to reopen the Strait of Hormuz, coupled with the U.S. Strategic Petroleum Reserve reaching a 33-year low. The market expects supply tensions to persist, driving refined oil prices upward in tandem, which increases the likelihood of significant price fluctuations in the short term.

• Crude oil prices
• Strait of Hormuz
• U.S.-Iran negotiations
• Strategic Petroleum Reserve

In August, the market price of acrylonitrile in China surged to 12,000-12,500 CNY/ton due to factors such as reduced supply and low inventory, an increase of 600-700 CNY/ton from late July. Despite tepid demand, the tight supply pushed prices up. It is expected that prices will decline somewhat in the middle to late August as supply recovers.

• Acrylonitrile
• price increase
• supply reduction
• low inventory

On August 6, 2026, the LLDPE market in China showed a weak fluctuation, with more signals of resistance to decline. The trend of average difference was divergent, and the inventory structure also showed differentiation, with production inventory increasing and social inventory decreasing. Demand remained weak. The price was at a mid-high level for the year, and it is expected to maintain a weak fluctuation in the short term.

• LLDPE market: mildly weak and volatile
• warning of resilience against further declines
• inventory divergence

On August 6, 2026, the PET spot price in China showed a weak downward trend, with some factories lowering their quotes. The benchmark price was 7,627.5 CNY per ton. The 5-day, 10-day, and 20-day moving averages all turned negative, confirming the downward trend. The short-term decline is limited, but there may still be fluctuations in the medium term.

• PET prices
• downward trend
• moving average indicator
• market analysis

On August 4th, polyester bottle chips saw a slight rebound driven by the strengthening of crude oil and PTA The mainstream large manufacturers' prices for water bottle grade were between 7,400 to 7,600 CNY/ton The cost push, low inventory, and peak season demand supported the price increase, but the release of new production capacity and cautious purchasing by downstream customers limited the price increase

• Polyester bottle chips
• cost-driven
• supply and demand fundamentals
• range-bound fluctuation

On August 6, 2026, the SBR mean difference signal showed a bullish combination of (-, +, -), indicating an increased likelihood of resistance to further declines. The 5-day and 20-day mean differences weakened, while the 10-day mean difference improved. Prices are currently in the mid-to-low range, with limited room for further downside. Coupled with cost support, we forecast that prices will likely fluctuate with a slight upward bias over the coming week.

• Butadiene rubber
• market analysis
• price trend
• resistance to decline warning

On August 7, 2026, the PC market showed a range-bound, volatile trend. Short-term moving average indicators exhibited inconsistent directions, and prices remained at mid-to-low levels for the year. With the resumption of operations at Chinese polymer plants increasing supply pressure, coupled with rising raw material prices, PC prices are expected to have limited room for further decline. Overall, the market trend is characterized by a weak rebound with a bearish bias.

• PC Market Analysis
• Range-bound Fluctuations
• Weak Rebound
• SpotTong AI Assistant

On August 6, 2026, the ABS market showed a volatile and consolidating trend, with bullish and bearish factors intertwined The direction of change in the average deviation indicator was inconsistent, signaling an early warning of resistance to further declines (leaning toward bullish) Some ABS plants in China are operating at low capacity or undergoing maintenance, leading to tight supply and supporting prices

• ABS market
• volatile trading conditions
• resistance-to-decline alert
• tight supply

On August 6, 2026, the price of dichloromethane clearly entered a downward trend, driven by a dual resonance of technical and fundamental factors. The 5-day, 10-day, and 20-day moving averages all turned negative. Leading manufacturers have continuously lowered their ex-factory quotes. In the short term, the market is expected to remain weak; in the medium term, it will likely experience volatile fluctuations; and in the long term, the price decline will be limited.

• Dichloromethane
• price decline
• technical analysis
• fundamental analysis

This week, the market price of pure benzene in the Shandong region of China fell, with a weekly price decrease of 1.33% to 7,401 CNY per ton. Sinopec refineries in multiple locations cumulatively reduced prices by 650 CNY per ton. Although the rise in crude oil prices boosted the market, the accumulation of inventory at local refineries led to cautious buying. It is expected that the price of pure benzene will fluctuate narrowly in the short term.

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

On August 7, 2026, the MIBK price showed a strong rebound signal, with short-term market trends being volatile but generally positive The 5-day and 10-day moving average differences have increased, while the 20-day moving average difference has decreased, indicating an overall bullish characteristic The price is in the mid-range, with room for increase and controllable downside risk

• MIBK price
• strong rebound signal
• short-term market fluctuating with a bullish bias
• industry chain-related references