Price Trends

After the holiday, the price of isooctanol surged and fluctuated, reaching 9,06667 CNY/ton—a price increase of 303% Although the high cost of propylene has weakened its support, geopolitical factors are limiting the room for further price declines Isooctanol producers have reduced their operating rates to 88%, and the temporary tightening of supply is supporting higher prices

• Isooctanol prices
• declining operating rates
• propylene costs
• supply-demand balance

The price of ethanol in China has fallen to 5815 CNY/ton, a decrease of 153% month-over-month and an increase of 984% year-over-year Due to weakened demand for liquor and a decline in corn prices, inventory on the supply side has increased, while procurement from the ethyl acetate and liquor industries on the demand side has decreased, leading to a generally weak market

• Ethanol market
• prices decline
• demand weakens
• cost support weakens

This week, the price of acrylonitrile in China has slightly increased due to cost pressures, with high foreign market prices and declining domestic demand In terms of supply, the CNOOC Fudao facility has resumed production on one line, raising the industry's capacity utilization rate to 6512% The increase in the price of propylene, a raw material, has led to greater losses in acrylonitrile production

• Acrylonitrile price
• cost-driven
• increased supply
• decreased domestic demand

In April, the cyclohexanone market price in Shandong first stabilized and then fell, with a slight rebound to 9,750 CNY/ton at the end of the month Adequate supply but weak demand led to a weakening in prices At the end of the month, downstream inventory restocking supported a marginal improvement in prices It is expected that the market will mainly undergo range adjustments in the short term Technical indicators suggest a possible continued recovery, but the price increase will be limited

• Cyclohexanone prices
• market demand
• loose supply
• future market forecast

This week, the market price of aniline remained stable, staying at 11,662 CNY per ton from May 4 to May 8—a year-on-year increase of 66.01%. The May Day holiday led to steady trading activity in the market, with downstream demand primarily driven by essential needs. As the price of pure benzene dropped by 350 CNY per ton to 8,500 CNY per ton, cost support has weakened, and it is expected that aniline prices may decline in the short term.

• Aniline market: prices are stable
• cost support is weakening
• future outlook expected to decline.

This week, the price of activated carbon fell by 0.52%, from 12,933 CNY/ton to 12,866 CNY/ton. The price of coconut shell activated carbon in China increased, but the overall transaction volume was below expectations. The supply of coconut shells from Southeast Asia remained stable, and the price of carbonized materials decreased, easing cost pressure. It is expected that the price of activated carbon will show a volatile trend in the short term.

• Activated carbon prices
• market analysis
• coconut shell activated carbon
• price trends

Chinese BDO prices have slightly decreased to 8,470 CNY/ton, with supply slightly reduced and demand increased. The rise in the cost of carbide and methanol is beneficial for BDO, but terminal demand is insufficient. It is expected that the BDO market will mainly focus on consolidation in the future.

• BDO Market
• Supply and Demand Analysis
• Positive Cost Factors
• Future Market Forecast

In early May 2026, the price of ethylene glycol rapidly decreased due to the fading of the Middle East geopolitical premium, a sharp drop in crude oil prices, and weak downstream demand. The average price of oil-based ethylene glycol in China fell to 5,050 CNY/ton, with port inventory decreasing by 190,000 tons. Future market trends will depend on the situation in the Middle East, crude oil prices, and the recovery of downstream demand.

• Ethylene glycol prices have been lowered
• geopolitical premiums are fading
• crude oil prices are fluctuating
• polyester demand remains weak.

After the holiday, the price of MTBE dropped to 6,333 CNY per ton, a decrease of 1.04%. International crude oil prices fell sharply, and market transaction activity remained sluggish. Although supply conditions are favorable, insufficient demand has led to a strong wait-and-see atmosphere in the market. MTBE prices in Asia, Europe, and the United States have all been adjusted downward. The MTBE market is expected to remain weak and consolidate in the near term.

• MTBE market
• crude oil prices
• chemical plants
• refined oil market conditions

Lithium carbonate prices have strongly rebounded to 193,000 CNY/ton, a 20.62% increase from the previous month and an 182.85% increase year-over-year. The supply side is tight due to mine shutdowns in China and reduced overseas supply, while the demand side is driven by the growth in new energy vehicle exports and the energy storage industry. Despite the strong momentum in price increases, high prices may trigger resistance from downstream sectors.

• Lithium carbonate prices
• supply-side disruptions
• demand growth
• boom in the energy storage industry

This week, the price of acrylic acid in China continued to fall, breaking through the 10,000 yuan mark to 9,91667 CNY per ton, a decrease of 23% from the beginning of the month The supply-demand contradiction in the market has intensified, with ample supply and weak demand, leading to increased pressure on companies to sell, and prices have been continuously adjusted downward

• Acrylic market
• price decline
• supply-demand dynamics
• cost transmission

On May 8th at 24:00, China's retail oil prices will increase, marking the seventh rise of the year During this adjustment period, international oil prices rose due to geopolitical conflicts, with the crude oil change rate at 820% Gasoline and diesel prices will be increased by 320 yuan and 310 CNY per ton, respectively Despite ample supply, weak demand has led to a decline in gasoline and diesel market prices

• Refining oil price adjustments
• crude oil prices
• geopolitics
• supply-demand relationship

Recently, the Chinese formic acid market first rapidly bottomed out and then stabilized. As of May 7, the price of 85% industrial-grade formic acid was 2,400 CNY per ton, a 20% decrease from the previous period. Sufficient supply but weak demand has led to prices remaining at low levels. Future trends will depend on the strength of downstream demand recovery.

• Formic Acid Market
• Price Trends
• Supply-Demand Relationship
• Market Analysis

In April 2026, the price of n-butanol in Shandong fell from 8,566 CNY/ton at the beginning of the month to 7,666 CNY/ton at the end of the month, a decrease of 1051% The market first rose and then fell, with the supply side shifting from tight to loose, and the demand side experiencing a brief surge during the peak season before slowing down, leading to a supply-demand contradiction

• Butanol price trend
• supply and demand pattern changes
• Shandong market
• chemical raw material market conditions

On May 6, international crude oil prices plummeted by 7% as peace negotiations between the U.S. and Iran made progress, with both WTI and Brent crude reaching two-week lows. Although U.S. crude oil and refined product inventories continued to decline, the easing of geopolitical risks took center stage in shaping market sentiment, and oil prices are likely to remain volatile in the short term. Future price trends will depend on the implementation of the agreement and the resumption of supply.

• Geopolitical risks
• falling oil prices
• U.S.-Iran peace talks
• Strait of Hormuz

In April, the PP market in China experienced high-level fluctuations, with prices showing both increases and decreases. The support from raw material costs has somewhat loosened, while the supply side, due to concentrated maintenance by enterprises, has provided stronger support for spot prices. Overall, the demand side has taken a wait-and-see attitude, performing below expectations. Market forecasts suggest that there is insufficient upward momentum, and the market may continue to consolidate.

• PP market
• concentrated maintenance
• cost decline
• fluctuating operation

In April, the price of PC in China fell by 2.11%, mainly due to the decline in the price of upstream bisphenol A, which weakened cost support, despite a contraction in supply, but weak demand. It is expected that in the short term, the PC market will still be under pressure, with room for further declines. Technical indicators show significant resistance to an upward trend.

• PC market
• price decline
• reduced supply
• weak demand

In April, the Chinese ABS market first rose and then fell. The supply side saw concentrated maintenance, but the overall supply was sufficient. The costs of the three materials all decreased, and downstream demand was weak, leading to inventory accumulation. Technical analysis shows that a short-term price consolidation trend has formed. It is recommended to pay attention to international crude oil and Middle East shipping conditions.

• ABS market
• declining costs
• weak demand
• ample supply

In April, the asphalt market in Shandong first declined then rose. The tight supply will continue to support prices, while the cost side remains uncertain due to fluctuations in international oil prices. Demand is gradually recovering but with limited strength. It is expected that the market will show a strong fluctuation trend in the future. Attention should be paid to the situation between the United States and Iran, the trend of crude oil, and the operating conditions of refineries.

• Asphalt Market
• Supply-Demand Dynamics
• Cost Support
• Demand Recovery

In April 2026, the market price of pure benzene in Shandong region fluctuated and rose, increasing by 0.97% at the end of the month compared to the beginning. The rise in international crude oil futures and benzene futures prices boosted market confidence. Sinopec adjusted the price of pure benzene to 8,850 CNY per ton. It is expected that the market will maintain a strong fluctuation trend in the short term, and attention should be paid to changes in crude oil, foreign markets, and demand.

• Pure benzene price
• market analysis
• crude oil futures
• future market forecast