Price Trends

On September 28, 2026, 1,4-butanediol is in a mild correction phase with a bearish fluctuation, and the upside is limited. The 5-day and 10-day moving average differences are decreasing, while the 20-day moving average difference is increasing, forming a fluctuation signal. Cost support is strong, but downstream demand is weakening, and the short-term trend will mainly be high-level consolidation.

• BDO Trend Analysis
• Volatile Market
• Mild Pullback
• Consolidation at Higher Levels

The ethanol trend analysis as of September 28, 2026, indicates that the current price is at the midpoint of its one-year cycle, with short-term price action characterized by bearish oscillations and a corrective rally. The 5-day, 10-day, and 20-day moving average crossovers are negative, positive, and negative, respectively, confirming a bearish signal. Meanwhile, the 60-day and three-month cycles remain at high to moderately high levels, suggesting limited upside potential in the near term.

• Ethanol trend
• bearish oscillation
• moving average divergence
• price cycle positioning

As of September 28, 2026, the melamine trend analysis indicates that the current mean‑difference change pattern is (–, +, –), signaling a pullback with bearish bias. The overall trend is range‑bound, with limited upside in the short term and limited downside in the long term. Please be mindful of the risks.

• melamine
• trend analysis
• bearish signal
• fluctuating trend

On September 28, 2026, the methanol trend analysis shows that the methanol price is at a one-year cyclical high, with a short-term bearish oscillation rebound. The 5-day, 10-day, and 20-day moving average difference combination is (-, +, -), indicating limited upside potential and the risk of a pullback. It is recommended to pay attention to real-time data.

• Methanol trend
• consolidation
• bearish signal
• risk of pullback from high levels

The MTBE trend analysis as of September 28, 2026, indicates that, in the short term, the market is in a bearish‑biased corrective rally with limited upside potential. The moving‑average divergence pattern—5-day, 10-day, and 20-day—stands at (–, +, –), meeting the criteria for a ranging market. On the fundamentals front, Asian MTBE spot prices have been lowered, while Chinese prices remain at elevated levels; downstream demand has weakened, leaving upward momentum insufficient.

• MTBE trend
• bearish fluctuation
• high in multiple cycles
• demand for price adjustment

On September 24, 2026, palm oil trend analysis indicates that the 5-day, 10-day, and 20-day moving averages are all negative and continuing to decline, clearly signaling a downward move. Current prices are at the midpoint of the one-year cycle, leaving room for both bullish and bearish price swings. Please be mindful of investment risks.

• Palm oil
• trend analysis
• clear downtrend
• moving average deviation

In September, PTA prices first rose and then fell. At the beginning of the month, prices increased due to cost factors, but after mid-month, they declined because of increased supply and weak demand. As of September 24, the spot benchmark price in the East China region was 7,147 CNY/ton, an increase of 11.86% from the beginning of the month. Crude oil prices first rose and then fell, and under the pressure of supply and demand, PTA is expected to continue a fluctuating pattern.

• PTA price fluctuations
• cost impacts
• supply and demand dynamics
• crude oil market conditions

As of September 23, 2026, the LLDPE market in China shows a clear downward trend. The 5-day, 10-day, and 20-day moving averages are all negative, meeting the criteria for a clear downward trend. The current price is at a relatively high historical level, with limited room for further increases, and it may continue to fall.

• LLDPE
• trend analysis
• clear downward trend
• market signals

On September 23, 2026, the price trend analysis of LDPE shows that it is currently in a volatile and bearish state. The 5-day average difference is flat, while the 10-day and 20-day average differences have decreased compared to the previous day. The price is at a high level, with limited room for further increases and significant downward pressure.

• LDPE trend: volatile and bearish
• mean-reversion analysis
• prices at high levels

On September 23, 2026, the price trend for PP (fiber) was volatile. The 5-day, 10-day, and 20-day moving averages stood at -7.5 CNY/ton, 20.0 CNY/ton, and 225.0 CNY/ton, respectively, with trends of (+, -, -), indicating a weak rebound signal. Current prices remain at elevated levels, leaving limited room for further gains.

• PP (fiber) trend: volatile trend
• weak rebound
• high-level risk

In late September, the PP market in China was at a high level of consolidation, with prices fluctuating. The cost support from the raw material side weakened due to the easing of geopolitical tensions, while supply recovery was slow and inventory levels were low. Although it was the peak season for demand, downstream acceptance of high prices was low. Overall, both supply and demand were weak, and the market may face downward pressure in the future.

• PP market trend
• cost recovery
• weak supply and demand
• geopolitical impact

As of September 24, 2026, the ABS market outlook indicates that the 5-day moving average spread has risen, while the 10-day and 20-day spreads have declined, resulting in a bearish‑biased weak rebound signal. The overall trend remains range‑bound and tilted to the downside, with prices trading at mid-to-high levels on both the 60-day and 3-month cycles, suggesting limited short-term upside potential. In the medium term, the room for upward or downward movement appears relatively balanced.

• ABS Market Trends
• Volatile and Bearish
• Weak Rebound
• Price Analysis

This week, the market price of pure benzene in Shandong region of China increased from 9,684.33 CNY/ton to 9,857.67 CNY/ton, a price increase of 1.79%. Sinopec has raised prices at multiple refineries by 300 yuan to 9,900 CNY/ton. Due to the reduced traffic through the Strait of Hormuz and the rise in international crude oil futures, market confidence has strengthened. It is expected that pure benzene will remain strong and fluctuate in the short term.

• Pure benzene price
• market prices rise
• crude oil futures
• Strait of Hormuz traffic volume

As of September 24, 2026, the hydrogen peroxide trend analysis indicates that the 5-day, 10-day, and 20-day moving averages are all negative, signaling a clear downward trend. The current price is at a one-year cycle low, leaving limited room for further declines.

• hydrogen peroxide
• price decline
• mean difference analysis
• market trend forecast

On September 24, 2026, the caustic soda market in China showed a volatile but bullish trend, with current prices at a low level and limited room for decline. Given the support from the cost side, there is a high probability of a price increase in the future. The short-term trend is volatile but bullish, while the long-term 20-day moving average continues to strengthen. It is recommended to pay attention to real-time data.

• Sodium hydroxide trend
• oscillating with a slight bullish bias
• cost support
• low-range trading

This week, the caustic soda prices showed a generally strong trend, with the market average price at 639 CNY/ton, a year-on-year decrease of 23.38%. In Shandong, Zhejiang, and Inner Mongolia, the prices for 32% ion-membrane alkali were quoted at 580-680 CNY/ton, 830-880 CNY/ton, and 1850-1950 CNY/ton (converted to 100%), respectively. Due to the lack of significant improvement in demand, it is expected that the caustic soda prices will continue to fluctuate in the later period.

• Caustic soda prices
• market conditions
• alumina demand
• inventory management

On September 23, 2026, the hydrofluoric acid market in China was at a high level with a strong consolidation (bullish). The differences across all periods remained flat, with no significant fluctuations in prices. The cost support was solid, and downstream demand was stable, leading to expectations that prices would remain in a high range. Long-term prices were already at historical highs, with limited room for further increases.

• Hydrofluoric acid market analysis
• high-level consolidation
• strong consolidation
• stable cost support

On September 24, 2026, the spot price of maleic anhydride in China was at a one-year high. The average difference signal showed a weak rebound (bearish), with no clear upward trend in the short term. The 5-day, 10-day, and 20-day average differences were -10.00, 12.50, and 550.62, respectively, with the change directions being (+, -, -). Market transactions were mainly driven by rigid demand, and there is a need to be cautious of the risk of a pullback from the high level.

• Maleic Anhydride Trend
• Volatile Market
• Risk of Correction from High Levels
• Spot Analysis

On September 23, 2026, the propylene oxide market in China showed a weak and volatile, slightly rebounding (bearish) pattern. In the short term, the 5-day moving average difference has slightly increased, but the 10-day and 20-day moving average differences have decreased, with indicators not forming a consistent trend. Prices are in the mid-high range, lacking upward momentum, and the overall sentiment is bearish.

• Propylene oxide
• market analysis
• weak rebound
• bearish sentiment

On September 23, 2026, the technical signals for epichlorohydrin in China overall weakened, forming a clear downward trend. The 5-day, 10-day, and 20-day moving averages all declined synchronously. In the short term, the price is in the middle range and still has room to fall, but the long-term downward space is limited. The current signal is clearly bearish.

• epichlorohydrin
• trend analysis
• clear decline
• technical signals