Price Trends

From July 13 to 17, the price of China’s polymeric MDI market rose by 1.76%, with the average price at the beginning of the week standing at 17,066 CNY per ton and climbing to 17,366 CNY per ton by the end of the week. On the supply side, tightening conditions are expected due to planned maintenance at several plants; on the cost side, rising benzene prices are driving up costs. However, demand remains weak, making it increasingly difficult for prices to continue rising in the future.

• Polymeric MDI
• market prices rise
• supply tightens
• demand lacks sufficient support.

This week, the isopropanol market price in China increased, rising from 6,283.34 CNY/ton on Monday to 6,766.66 CNY/ton on Friday, a price increase of 7.69%. The rise in the prices of raw materials, acetone and propylene, provided cost support, but there was insufficient follow-up at high prices, with downstream buyers being cautious in their purchases. It is expected that the market will experience minor fluctuations in the short term.

• Isopropyl alcohol prices have risen
• raw material costs provide support
• market trading sentiment is moderate
• short-term market outlook.

The price of ethanol in China has fallen to 5,598 CNY/ton, with a price decrease of 4.83% over the past three months. Cost, supply, and demand factors are all negative, leading to an oversupply in the market. It is expected that the ethanol market will mainly show weak consolidation in the short term.

• Ethanol market
• price decline
• supply-demand contradiction
• cost-related headwinds

July 10 to 17, the price of methanol in East China ports increased from 2,613 CNY/ton to 2,638 CNY/ton, a price increase of 096% Due to weather factors, port inventory decreased, and coastal prices were relatively strong The closing price of methanol futures at the Zhengzhou Commodity Exchange fell by 019% There were many maintenance units on the supply side, leading to a reduction in production, while the demand for olefins increased

• Methanol market
• Price trend
• Supply and demand
• Future forecast

This week, the 180CST fuel oil market in East China rose, with an average price of 6062.50 CNY/ton, up by 1.25% from July 13. The cost of marine fuel in China has increased, and resources are tight in some areas; international crude oil prices have surged due to the U.S. maritime blockade on Iran. Fuel oil inventories in Singapore have decreased to 19.115 million barrels. It is expected that the market will mainly focus on consolidation in the near term.

• Fuel oil market conditions
• crude oil prices
• geopolitical risks
• marine fuel market

In July, the hydrogen peroxide market in China warmed up, with prices oscillating and increasing by 4.08% to 680 CNY/ton. The supply in the northern regions of China was ample, but weak demand restricted the price increase. Technical analysis shows that in late July, hydrogen peroxide may experience wide fluctuations with room for a decline, and it is expected that prices will range between 600-700 CNY/ton.

• Hydrogen peroxide market
• price increase
• supply and demand analysis
• technical forecast

This week, the Chinese urea market continued to show a weak trend, with prices falling by 1.73%. The average reference price for urea in Shandong region dropped to 1770 CNY/ton. With ample supply and limited improvement in demand, it is expected that the urea market will remain weak in the short term.

• Urea Market: Prices Decline
• Supply Abundant
• Demand Improves

This week, the price of melamine in China saw a slight decline, with the overall trend moving downward to a low point not seen in nearly a year Both short-term and long-term moving averages are declining, indicating a strong bearish sentiment in the market The weakening of the raw material urea has led to insufficient cost support The supply and demand fundamentals are weak, with downstream demand in the off-season

• Melamine prices
• bearish market sentiment
• weakening cost support
• softening supply-and-demand fundamentals.

On July 17 at 24:00, China's retail prices for gasoline and diesel will see their ninth increase, with each ton of gasoline and diesel being raised by 300 yuan and 290 yuan, respectively International oil prices have risen due to the US imposing a maritime blockade on Iran, with the crude oil change rate at 630% Despite the reduction in supply, weak demand has limited the price increase for gasoline and diesel

• Refining product price adjustments
• crude oil price fluctuations
• geopolitical risks
• gasoline and diesel market analysis

This week, the Chinese acrylic acid market first declined and then rose Supported by a significant increase in the price of upstream raw material propylene, the benchmark price of acrylic acid rose by 562% as of July 14 compared to the beginning of the week The rigid increase in costs pushed manufacturers to maintain prices, while demand showed a moderate recovery but without any explosive growth

• Acrylic market: rising costs
• moderate demand
• short-term rebound

In the first half of July, China's PP market showed a strong rebound, with a price increase of 14.53%. The cost side was affected by geopolitical factors, leading to a rise in oil prices. Supply increased slightly but remained generally tight. Demand is currently in the off-season, and downstream resistance to high prices is strong. In the short term, upward momentum for PP prices has already formed, and attention should be paid to international crude oil and Middle East shipping conditions.

• PP market conditions
• rising costs
• supply-demand contradiction
• geopolitical risks

In the first half of July, the Chinese PC market experienced a rebound after a decline, with prices returning to the beginning of the month levels. Although upstream bisphenol A cost support has strengthened, increased supply and weak demand have led to significant resistance to market growth. It is expected that price increases will be limited in the short term.

• PC Market
• Price Trends
• Supply and Demand
• Future Market Forecast

In the first half of July, the Chinese ABS market showed a rebound from the decline, with the average spot price rising to 9,916.67 CNY per ton. Supply was stable, and inventory decreased, with the cost factors showing an increase in the price of pure benzene while acrylonitrile weakened. Short-term demand increased somewhat, but the momentum was insufficient. The technical analysis indicates that prices are likely to remain strong in the short term.

• ABS market
• cost factors
• demand analysis
• future market forecast

Since early July, the market price of butadiene in China has increased by 10.9%, mainly driven by factors such as the rise in international crude oil prices, increased production costs, and tight supply. Despite the strong bullish sentiment in the short term, downstream demand remains weak, and it is expected that the market will experience high-level fluctuations and consolidation in the future.

• Crude oil provides a boost
• butadiene prices are rising
• cost factors offer support
• supply remains tight.

As of July 13, the price of MTBE rose to 6,233 CNY/ton, with a single-day price increase of 15.17%, and a cumulative increase of nearly 20% since July. This round of price increases is mainly driven by multiple favorable factors such as rising costs, reduced supply, increased demand, and growth in export orders. It is expected that the market will remain strong in the short term.

• MTBE market
• rising costs
• reduced supply
• increased demand

This week, the Chinese hydrogen fluoride market saw a slight increase, with the price reaching 15,600 CNY/ton as of July 10th, up 0.86% from the beginning of the month. The supply side experienced a shortage of spot goods due to the temporary shutdown of Jin'ebo Fluorine Chemical, and the high prices of raw materials such as fluorspar and sulfuric acid supported the cost. Despite weak demand, it is expected that the market will remain stable and slightly strong in the short term.

• Hydrofluoric acid market: prices slightly up
• supply shortage
• cost support

On July 13, the market price of propylene oxide in China rose significantly, with the benchmark price reaching 8,600 CNY per ton, an increase of 1026% from the beginning of the month The main reasons were the high price support of propylene and the reduction in supply due to facility load reductions and shutdowns However, downstream acceptance of the high-priced raw material was low, leading to a weaker market atmosphere for shipments

• Propylene oxide
• market price
• reduced supply
• raw material price support

Recently, after a continuous rise, the Chinese formic acid market has stabilized. As of July 13, the benchmark price was 2,300 CNY/ton, an increase of 9.52% from the beginning of the month. Market transactions have warmed up, and inventory has returned to a reasonable range, but weak demand in the off-season is limiting price increases. It is expected that the formic acid market will maintain a stable sideways trend in the short term.

• Formic acid prices
• market stable
• inventory declines
• off-season for consumption

On July 13, 2026, the escalation of US-Iran tensions led to the closure of the Strait of Hormuz, triggering concerns about rising costs and supply disruptions for crude oil and ethylene glycol As a result, ethylene glycol prices in China surged significantly to 4,415 CNY per ton, with both futures and spot price differentials moving upward in tandem

• Ethylene glycol prices
• geopolitical risks
• the Strait of Hormuz
• rising energy costs

On July 13, affected by the US military’s blockade of Iranian ports, international crude oil futures surged by more than 9% WTI and Brent crude prices rose to $7814 per barrel and $8330 per barrel, respectively Refined oil products also rose in tandem The US Strategic Petroleum Reserve has fallen to a 43-year low, with inventories continuing to decline and the market’s buffering capacity weakening

• US-Iran Conflict
• International Crude Oil Prices
• Supply Risks
• Low Inventory Levels