Price Trends

This week, the phenol market price in China first increased and then declined, with overall minor fluctuations. Sinopec's listed price in East China was 6300 CNY per ton. The initial rise in the market was supported by the supply side, but weak demand led to a weakening trend. It is expected that the phenol market will continue to fluctuate narrowly next week.

• Phenol market
• price fluctuations
• supply changes
• sluggish demand

From November 17 to 21, the price of MTBE fell from 4950 CNY/ton to 4935 CNY/ton, a decrease of 0.30%. The rise in international crude oil prices is beneficial to the cost side, but the weak market for refined oil affects demand. The supply side is favorable due to plant shutdowns. It is predicted that the MTBE market in China may recover.

• MTBE market
• price trends
• crude oil influence
• supply-demand dynamics

Since November, the PTA market in China has shown a fluctuating upward trend, with the spot price in the East China region reaching 4,656 CNY/ton, an increase of 248% from the beginning of the month On the supply side, some facilities have been shut down for maintenance, with the operating load at about 71% Demand has picked up due to the relaxation of BIS certification in India and the release of polyester production capacity

• PTA market: volatile upward trend
• supply-and-demand destocking
• oil price fluctuations

Recently, the Chinese natural rubber spot market has been in a narrow range On November 20th, the spot rubber price was 14,908 CNY per ton, an increase of 017% from the 13th The price of full latex in the Qingdao area was between 14,800 and 15,100 CNY per ton The price of Thai latex has risen to 57 Thai baht per kilogram The inventory of natural rubber in the Qingdao area has slightly increased to 452,600 tons

• Natural rubber
• market consolidation
• inventory increase
• tire production stable in China

In mid-November, the Chinese PP market experienced a fluctuating downward trend, with prices for most grades of products falling. The cost support for raw materials was still acceptable, but ample supply and weak demand put pressure on spot prices. It is expected that the PP market will enter a stage of stalemate and adjustment.

• PP market: prices declining
• ample supply
• weak demand

From November 13 to 20, the market price of polybutadiene rubber in China increased slightly to 10,890 CNY/ton, a price increase of 225% The price of butadiene rose slightly to 7,266 CNY/ton, with weak cost support The utilization rate of polybutadiene facilities in China increased to around 71%, and the downstream tire production remained stable, providing a firm demand support for the market

• Butadiene rubber
• Market conditions
• Butadiene price
• Tire production rate

Recent (Nov 13~Nov 20) EVA market in China has shown a weak downward trend, with the benchmark price falling to 10,400 CNY/ton. Downstream demand is weak, while facility operating rates remain high, and raw material prices are declining, leading to weaker cost support. It is expected that the EVA market will continue to be dominated by weak consolidation in the later period.

• EVA market conditions: weak demand
• weakening cost support
• rising supply pressure

Since November, the hydrogen peroxide market in China has continued to weaken, with prices falling by 7.53%. Due to weak demand and ample supply, the average market price has dropped from 930 CNY/ton to 860 CNY/ton. Although prices rose slightly in the middle and late part of the month due to maintenance by manufacturers leading to tighter supply, weak terminal demand caused prices to fall back. It is expected that the hydrogen peroxide market will continue to decline at the end of November.

• Hydrogen Peroxide Market Trends: Weak Demand
• Falling Prices
• and Supply Pressure

This week (11.15-11.20), the cyclohexanone market in Shandong region of China steadily increased, with the factory price rising from 6,200 CNY/ton to 6,312 CNY/ton, an increase of 1.81%. The price increase was supported by reduced supply and stable demand, but there was some pressure due to the decline in the cost of pure benzene. In the short term, the market is expected to mainly undergo consolidation.

• Cyclohexanone prices are rising
• supply is tightening
• market demand remains stable
• cost pressures persist.

Recently, the price of lithium carbonate in China has reached a new high for the year Ganfeng Lithium predicts that demand will increase by 30% in 2026 Supply and demand are basically balanced, but if the growth rate exceeds expectations, prices could surge to 150,000-200,000 CNY per ton Strong demand from new energy vehicles and energy storage batteries is supporting the price increase, driving the lithium battery sector's stocks to their daily limit

• Lithium carbonate prices rise
• new energy vehicle production and sales in China grow
• demand for energy storage batteries increases
• lithium battery sector stocks hit the daily limit.

This week, the activated carbon price increased from 12,700 CNY/ton to 12,766 CNY/ton, a price increase of 052% The demand for coconut shell activated carbon in China is strong, with factory prices in the East China region ranging from 9,500 to 13,000 CNY/ton There is a shortage of coconut shell carbonization materials in Southeast Asia, and prices in Indonesia and India have increased by more than 80% compared to the same period last year

• Activated carbon prices
• market demand
• supply shortage
• high-level fluctuation trend

As of November 20, 2025, the price of n-butanol in Shandong region has fallen to 5,066 CNY/ton, a decrease of 1.27%. Market demand is weak, downstream operations have decreased, and purchasing is cautious; supply is ample, and manufacturers are actively shipping goods. It is expected that the n-butanol market in China will mainly undergo minor adjustments in the short term.

• Butanol market
• weak demand
• price reduction
• ample supply

Recent SBR market trends have been weak and fluctuating. As of November 19, the price in East China was 11,050 CNY/ton, a decrease of 2.07% from the beginning of the month. The decline in the prices of raw materials butadiene and styrene has led to weaker cost support. The facility utilization rate in China is about 75%, with stable tire production but overall weak demand. It is expected that the SBR market will continue to be weak and fluctuating in the short term.

• Styrene-butadiene rubber
• market trend
• weak fluctuation
• raw material prices decline

This week, China's acrylic acid market prices remained stable, caught in a delicate balance between cost levels and the ceiling imposed by weak demand Rising propylene prices have squeezed producers' profit margins, yet moderate operating rates on the supply side continue to bolster sellers' confidence in maintaining prices Meanwhile, sluggish demand has left downstream buyers cautious, resulting in subdued trading activity across the market

• Acrylic market
• supply-demand dynamics
• cost-driven factors
• weak demand

In mid-November, the Chinese PC market experienced fluctuations, with prices falling by 2.82% compared to early November. On the supply side, due to both maintenance and restarts, the operating rate increased slightly but provided limited support. The price of the raw material bisphenol A remained low and weak, with insufficient cost support. Demand remained weak, and it is expected that the PC market will enter a stalemate and consolidation phase in the short term.

• PC market
• cost pressure
• supply changes
• weak demand

This Wednesday, the melamine market in China saw a tentative increase, but with significant regional differences. As of November 18, the benchmark price was 5412.50 CNY/ton, up 0.91% from last week. Chongqing Jianfeng raised its quotation to 5300 CNY/ton, while Shandong Hualu Hengsheng lowered it to 5200 CNY/ton. The cost of urea, a key input, has risen, and the supply-demand contradiction still exists. This increase is a short-term and regional price adjustment.

• Melamine Market: Tentative Rise
• Regional Differentiation
• Cost Support

In mid-November, the Chinese ABS market continued to be weak, with spot prices decreasing. The supply side saw small fluctuations in operating rates but remained generally loose overall. The cost side was under pressure due to the weak performance of the three upstream raw materials. In terms of demand, downstream factories operated at average loads, and there was no significant improvement in end consumption. In the short term, downward pressure on ABS prices still exists.

• ABS market
• supply-demand contradiction
• cost factors
• weak demand

This week, the butadiene market in China showed an upward trend, with prices increasing from 6,900 CNY/ton to 6,96667 CNY/ton, a price increase of 097% In terms of supply, major manufacturers' facilities are operating normally, with Sinopec's listed price at 7,000 CNY/ton On the demand side, the polybutadiene rubber market saw a slight increase, but downstream tire production only recovered slightly, showing resistance to higher-priced supplies

• Butadiene market
• price increase
• supply side
• demand side

Recently, the price of formic acid has strengthened As of November 17, the benchmark price for 85% industrial-grade formic acid in China was 2,910 CNY per ton, an increase of 283% from last week The main reason is that the two major production areas, Liaocheng and Feicheng, are about to start maintenance plans, leading to an expected reduction in market supply Although downstream demand remains stable, the expectation of maintenance has supported the price increase

• Formic acid prices
• maintenance plans
• market supply
• downstream demand

This week, the average market price of acetic acid in China increased to 243333 CNY/ton, with a price increase of 055% The capacity utilization rate on the supply side decreased, and inventory pressure was reduced Enterprises have a bullish mentality, but downstream demand is limited The raw material methanol market fluctuated and was consolidated, with an average price of 2070 CNY/ton

• Acetic Acid Market
• Market Analysis
• Methanol Trends
• Acetic Anhydride Market