Price Trends

At the end of November, China's PC market was consolidating, with spot prices showing mixed increases and decreases. The supply side remained stable, with inventory under control, while the demand side was weak. The bisphenol A market rebounded, but cost support was average. It is expected that in the short term, the PC market may continue to be in a stalemate and consolidation.

• PC market
• price stabilization
• supply-demand balance
• Bisphenol A market trends

At the end of November, the Chinese ABS market was weak, with spot prices for some grades decreasing. The average price was 8,620.00 CNY/ton, a 5.74% decrease from the beginning of the month. Supply is ample, but demand has not shown significant improvement, and there is insufficient support from the cost side. It is expected that in the short term, ABS prices will still face downward pressure.

• ABS market: prices decline
• supply remains ample
• weak demand

In November, the hydrogen peroxide market in China showed a weak downward trend, with prices falling from 930 CNY/ton at the beginning of the month to 846 CNY/ton on the 25th, a price decrease of 896% In the first ten days, the supply was loose and demand was low, leading to a price drop In the middle of the month, due to maintenance by manufacturers, the supply tightened slightly, causing a small increase in prices, which then adjusted back

• Hydrogen peroxide market
• prices falling
• supply is loose
• demand is weak

Since November, the cyclohexanone market in Shandong has fluctuated, first falling and then rising. In the early part of the month, due to weak supply and demand, prices fell to 6,200 CNY per ton; in the latter part of the month, a reduction in supply supported a price rebound, but cautious demand led the market to return to the beginning of the month's level. In the short term, the market is expected to continue to fluctuate.

• Cyclohexanone Market: Volatile Performance
• Shifting Supply and Demand
• Shandong Region

Recent lithium carbonate prices have experienced significant fluctuations As of November 25, the prices of battery-grade and industrial-grade lithium carbonate have increased by 2156% and 2199% respectively on a month-on-month basis The initial rise was mainly driven by an improvement in terminal demand, especially with strong performance in the new energy vehicle and energy storage sectors

• Lithium carbonate prices
• growing demand
• market sentiment
• inventory changes

This week, the DOP price fluctuated and increased to 6967.50 CNY/ton, with a price increase of 1.22%. The price of 2-ethylhexanol increased to 6250 CNY/ton, supporting the cost of DOP; the phthalic anhydride price decreased to 5800 CNY/ton, reducing the cost of plasticizers. The operating rate of DOP enterprises in China increased to 65%, leading to an increase in production. It is expected that the DOP price will continue to fluctuate and rise in the future.

• DOP prices
• rising costs
• diisononyl phthalate prices
• phthalic anhydride prices

From November 17 to 24, 2025, the toluene market in China saw a slight increase, with the benchmark price rising from 5330 CNY/ton to 5370 CNY/ton, a 0.75% price increase. The supply remained stable, and demand was met as needed. The slight decline in crude oil prices had a minor impact on market sentiment. Sinopec's quotes in various regions of China ranged from 5250 to 5500 CNY/ton.

• Toluene Market
• Supply-Demand Dynamics
• Crude Oil Prices
• Petrochemical Market Trends

This week, the butadiene market in China first rose and then fell, with an overall increase of 1.44%. The supply was relatively loose, and the weakening downstream demand led to a softer market. The cost side was affected by a slight decline in international oil prices, putting pressure on butadiene prices. It is expected that the market will continue to maintain a weak and volatile trend.

• Butadiene Market
• Price Fluctuations
• Loose Supply Conditions
• Weak Demand

This week, the phthalic anhydride price in China fluctuated and decreased by 1.58%, while the ortho-xylene price remained stable, with costs tending to stabilize. Although the operating load of DOP enterprises has increased and there is still demand support, the supply of phthalic anhydride is sufficient, and it is expected that the phthalic anhydride price will remain weak and stable in the future.

• Phthalic anhydride prices have fallen
• costs have stabilized
• DOP demand is providing support
• operating rates have increased.

This week, the price of 2-ethylhexanol rebounded to 6,250 CNY per ton, an increase of 4.17% from November 14. The operating rate has increased to 80%, ensuring ample supply; the price of the raw material propylene has risen by 1.93%, leading to higher costs; the price of downstream DOP has increased by 1.22%, providing stronger demand support. It is expected that the price of 2-ethylhexanol will fluctuate and rise in the future.

• Isooctanol prices are rising
• propylene costs are increasing
• DOP demand is growing
• supply remains ample.

Recent formic acid prices have been stable As of November 24, the benchmark price for 85% industrial-grade formic acid in China was 2910 CNY/ton, a 393% increase from the previous period The supply side is currently stable, with maintenance plans for a major factory in Liaocheng postponed to late November Maintenance at several large factories may lead to a temporary reduction in supply

• Formic acid prices remain stable
• supply is steady
• demand is subdued
• maintenance schedules are having an impact.

As of November 24, 2025, the price of n-butanol in Shandong, China, has been reduced to 5,066 CNY per ton, a decrease of 3.18% from the beginning of the month. The market supply is loose, and weak demand has led to a continued weak market trend. In the short term, it is expected that the n-butanol market will maintain a range-bound consolidation.

• Butanol Market Trends: Shandong Region
• Ample Supply
• Weak Demand

On November 25, DMF market prices showed narrow fluctuations due to insufficient market demand. Overall, trading activity remained subdued, with no significant price changes observed.

• Market demand
• DMF price
• narrow fluctuation
• market trend

This week, the melamine market in China saw a slight increase, with the benchmark price at 5,450.00 CNY/ton, up 0.23% from the beginning of the month. The main reasons are a 3.11% increase in urea costs and a short-term tightening of supply. Although downstream demand is relatively weak, the recovery in costs and adjustments in supply have driven a small price rebound. Future trends will depend on the recovery of downstream demand and the stability of enterprise operations.

• Melamine Market: Rising Costs
• Tightening Supply
• and Lackluster Demand

The cyclohexane market is experiencing weak demand, with downstream industries such as synthetic fibers and coatings facing insufficient orders. Overall shipments remain sluggish, and there’s little momentum for price increases. Market conditions are expected to stay steady in the near term, with downstream players adopting a cautious approach and maintaining a strong wait-and-see attitude.

• Cyclohexane market
• insufficient demand
• stable prices
• downstream cautious

On November 24, China's retail prices for refined oil products saw their tenth reduction of the year, with gasoline prices decreasing by 70 CNY per ton and diesel prices by 65 CNY per ton. International oil prices edged lower, with the market concerned about oversupply and weakening demand. China's gasoline demand has been hit, while diesel demand has seen a slight increase but remains generally weak. In the short term, the refined oil market is expected to maintain a weak and volatile trend.

• Crude oil market trends
• refined oil price adjustments
• oil prices cut
• changes in market supply and demand

On November 24, 2025, the coke market price remained stable, with an average price of 1,538 CNY per ton. The prices of metallurgical coke in Tangshan and Tianjin Port remained unchanged. The supply side may see a decline in production to 488,000,000 tons due to safety regulations. In the short term, the coke market is expected to maintain its current trend.

• Coke prices
• Market conditions
• Supply situation
• Future market forecast

This week, the price of polyester staple fiber in China fluctuated and fell, with the market average price dropping to 6,297 CNY/ton. The oversupply in the crude oil market put pressure on oil prices, and the PTA market price slightly dropped to 4,622 CNY/ton. Terminal demand was weak, and the downstream yarn purchasing intention was not strong, keeping the price of polyester staple fiber relatively low.

• Polyester staple fiber
• price decline
• weak demand
• cost adjustment

This week, the maleic anhydride market in China saw a slight decline, with the average market price falling by 096% to 516250 CNY/ton In terms of supply, the Wanhua Yantai auction did not result in any transactions, and sales in East China were incomplete, with prices remaining stable; procurement of unsaturated resins by downstream users was limited The upstream n-butane market remained stable, while downstream demand was moderate

• Maleic anhydride market
• prices decline
• supply is stable
• downstream demand is average

This week, the price of propylene oxide in China rose by 9.96% to 8,466.67 CNY per ton. The price of the raw material propylene increased by 0.66%, with strong cost support. Supply became tight due to reduced production at Wanhua and Xinyue, while downstream demand was active. It is expected that the market will remain stable with a slight upward trend in the short term.

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