Price Trends

In 2025, the Chinese market for anhydrous hydrogen fluoride fluctuated and rose, with the annual average price increasing by 12.52%. It is expected that in 2026, the annual production capacity will grow moderately to 4.1-4.2 million tons per year. Demand is significantly driven by emerging fields such as new energy and semiconductors, leading to a stable and rising overall market trend, with a shift in the price center and a tight balance between supply and demand.

• Hydrofluoric acid market
• cost-driven
• growing demand
• emerging application areas

In 2025, the Chinese toluene market experienced a downward trend, with the average price at the beginning of the year at 6,050 CNY/ton and dropping to 5,130 CNY/ton by the end of the year. In 2026, it is expected that cost support will be relatively weak, supply will increase, and demand will rise steadily, with exports expected to exceed 1,100,000 tons. The price for the entire year is expected to fluctuate between 5,800 and 7,000 CNY/ton.

• Toluene market
• Supply and demand analysis
• Price trend
• 2026 outlook

In 2025, the titanium dioxide market in China first rose and then fell, with the average price at the end of the year decreasing by 779% compared to the beginning of the year The import volume decreased by 1988%, and the export volume decreased by 563% Production capacity continued to expand to 6,217,000 tons, while output slightly decreased by 072% year-on-year

• Titanium dioxide market
• price trend
• import and export analysis
• industry transformation

In December, 85% of industrial-grade phosphoric acid prices in China fell from 6,880 CNY/ton to 6,840 CNY/ton, a price decrease of 0.58%. The market supply and demand were balanced, and trading was stable. The yellow phosphorus market first rose and then fell, with cost support weakening. It is expected that the phosphoric acid market will experience minor fluctuations in the short term.

• Phosphoric acid market
• prices decline
• yellow phosphorus market conditions
• supply-demand balance

In December, the price of acetic acid continued to rise to 2750 CNY/ton, with a price increase of 7.84%. The supply side was strongly supported, with low operating rates, declining inventories, and good market transactions. The price of raw material methanol showed a strong fluctuation. It is expected that the acetic acid market will continue to rise next month, and attention should be paid to the follow-up situation of downstream demand.

• Acetic acid prices
• supply-side support
• methanol market
• pre-Spring Festival stockpiling

In December, the soda ash price first increased and then decreased, with an overall decrease of 2 CNY/ton to 1250 CNY/ton. The supply side saw a decline in plant load but a reduction in inventory, while weak demand led to sluggish transactions. The glass price fell by 8.14%, further impacting the demand for soda ash. It is expected that the soda ash market in China will continue to operate in a weak consolidation.

• Soda ash price
• Market trend
• Supply and demand
• Future forecast

As of December 31, 2025, the coking coal market is operating weakly, with an average price of 1,442 CNY per ton. Demand remains weak, ironwater production has declined, and steel mills have slowed down their procurement. Supply is ample, but the operating rate has fallen. In the short term, both costs and demand are weak, putting downward pressure on coking coal prices.

• Coke Market
• Price Trends
• Weak Demand
• Loose Supply

In December, the palm oil market in China experienced a weak and fluctuating decline, with an overall price decrease of nearly 2%. The average market price fell from 8,690 CNY/ton to 8,530 CNY/ton. Positive factors included a reduction in Malaysian palm oil production and tighter supply; negative factors were high inventories in China and moderate demand. Analysts expect the market to rise in January.

• Palm oil market conditions: prices decline
• supply-demand relationship
• increased demand during holidays

Since mid-December, PTA prices have continuously risen by 916%, reaching 5045 CNY/ton With relatively low supply and demand pressure, low processing fees have prompted factories to reduce production and undergo maintenance, with the operating rate dropping to around 72% The rebound in crude oil prices has supported costs, but losses in the downstream polyester sector and a decrease in orders have limited the momentum for further price increases

• PTA price
• supply-and-demand pressure
• crude oil price
• textile off-season

Since mid-December, prices of polyester staple fiber have risen significantly. As of the end of December, the average price stood at 6,503 CNY per ton, representing a price increase of 3.77%. This rise is supported by favorable cost factors, including higher crude oil and PTA prices. However, due to weak downstream demand and the impact of the off-season for textiles, it is expected that the pace of price increases for polyester staple fiber will narrow in the short term.

• cost support
• polyester staple fiber prices
• PTA supply and demand
• textile off-season

In December, polyethylene prices continued to decline, with average prices of LLDPE, LDPE, and HDPE falling by 7.68%, 5.93%, and 7.95%, respectively. The release of new production capacity and the resumption of operations at existing facilities have intensified supply pressure, while demand has entered the off-season, resulting in weak downstream demand. With insufficient cost support and an escalating supply-demand contradiction, the polyethylene market is expected to remain weak.

• Polyethylene market
• price decline
• supply-demand contradiction
• off-season demand

In 2025, the Chinese cyclohexanone market experienced a downward trend, with prices falling from 8,800 CNY/ton at the beginning of the year to 6,350 CNY/ton by the end of the year The main reasons were supply-demand contradictions and weak cost factors In 2026, capacity growth is expected to slow down, demand recovery will be gradual, and exports will increase slightly, while import volume will rise Prices are expected to fluctuate within the range of 6,000-7,500 CNY/ton

• Cyclohexanone market
• supply and demand dynamics
• price forecast
• industry upgrade

In 2025, China's aniline prices started high but then declined, with an average annual price of 9,375 CNY per ton and a year-end average price of 7,945 CNY per ton—a decrease of 1525% The main driving factors included the release of new production capacity, falling benzene prices, and weak demand for MDI For 2026, prices are expected to fluctuate between 8,000 and 10,000 CNY per ton, with an average price increasing slightly by 5% to 8%

• Aniline price trends
• supply and demand changes
• cost factors
• market forecasts

In December, the Chinese urea market experienced a fluctuating increase, with the reference average price rising from 1702 CNY/ton to 1732 CNY/ton, a price increase of 176% In the first half of the month, prices slightly increased and then stabilized In the second half of the month, prices rapidly increased due to the influence of Indian tenders, but dropped at the end of the month Quotations in Shandong, Hebei, Henan, and Liaoning regions were around 1660-1750 CNY/ton

• Urea market
• Price trend
• Supply and demand situation
• Future market forecast

In December, the demand for cyclohexane in the Chinese market was weak, with no significant increase in the operating rates of downstream industries and limited export orders. The market supply and demand were balanced, but inventories were high, leading to a downward trend in prices. In the short term, it is expected that the cyclohexane market in China will maintain a stable but slightly weak operation, lacking strong support from the demand side.

• Cyclohexane market: Demand is weak
• inventories remain high
• prices are declining.

In 2025, the bisphenol A market in China saw both supply and demand weaken, with prices fluctuating downward. Although there was a temporary rebound at the end of the year, the overall supply was loose, and weak downstream demand coupled with insufficient cost support led to a price decline of over 20%. It is expected that in 2026, the concentrated release of new production capacity will continue the supply-demand contradiction, and the market trend may be "weak first, then stable."

• Bisphenol A market
• weak supply and demand
• insufficient cost support
• prices fluctuating downward

This week, the soda ash market in China was weak, with prices adjusted to 1250 CNY/ton, a decrease of 0.64%. Downstream demand was insufficient, and supply was high, leading to an oversupply in the fundamentals. The glass market was also weak, with prices falling by 3.15%. It is expected that the soda ash market in China will continue to be weak in the later period.

• Soda ash market: prices down
• oversupply
• weak glass market conditions

This week, the price of petroleum coke from local refineries in China rose by 399%, reaching 254075 CNY/ton The international crude oil market has increased, influenced by the tense situation between the US and Venezuela and the instability of the Russia-Ukraine situation Refinery shipments are moderate, with downstream purchases mainly based on demand, and port inventory has slightly increased

• Petroleum coke from local refineries
• market prices rising
• international crude oil
• port inventory

In December 2025, the coking coal market operated weakly, with an average price of 1,442 CNY per ton. Demand remained weak, steel mills increased maintenance activities, and pig iron production declined. Although supply was ample, sales were sluggish, and prices underwent three rounds of reductions, with a cumulative price decrease of 150 to 165 CNY per ton. In the short term, both costs and demand remain weak, leaving coking coal prices under continued downward pressure.

• Coke market
• prices decline
• demand weakens
• supply is ample

This week (1222-26), the PVC spot market in China rebounded, with the average price of calcium carbide method SG-5 type reaching 4,450 CNY/ton, a weekly increase of 195% The futures market drove the spot market to rebound, with trading volume increasing and inventory continuing to decline, although supply remains ample The price of calcium carbide decreased slightly but remained at a high level

• PVC market
• price rebound
• ample supply
• improved market sentiment