Price Trends

This week, the pure benzene market price in Shandong region first fell and then rose, with an overall decrease of 0.25%. Sinopec's pure benzene prices in East China and South China were reduced by 200 CNY/ton to 5,450 CNY/ton. The rise in crude oil and foreign market prices boosted market confidence. It is expected that the short-term pure benzene price will fluctuate strongly, and attention should be paid to cost and demand news.

• Pure benzene prices
• market analysis
• crude oil futures
• overseas benzene markets

This week, the caustic soda price remained stable, with the market average price at 848 CNY/ton, a year-on-year decrease of 1854% In Shandong, the price of 32% ion-membrane alkali was quoted at 770-890 CNY/ton, in Jiangsu at 890-1000 CNY/ton, and in Inner Mongolia at 2700-2800 CNY/ton (converted to 100%)

• Caustic soda prices
• market trends
• chemical industry index
• downstream demand

This week, the styrene market price in China first fell and then rose, increasing from 6844 CNY/ton at the beginning of the week to 6850 CNY/ton by the end of the week, with a price increase of 0.09%.

• Styrene Market
• Price Fluctuations
• Weekly Analysis
• Chemical Products

This week, the TDI market in East China slightly declined, with the average price dropping from 13,600 CNY/ton to 13,566 CNY/ton, a decrease of 0.25%. Despite a reduction in supply, the impact was limited, and market transactions were sluggish. The Wanhua facility in Fujian is operating at a reduced load, and toluene prices have fallen. It is expected that the TDI market will remain weak and volatile in the future.

• TDI market: prices decline
• supply tightens
• downstream demand remains weak

This week, the aniline market in China operated firmly, with prices slightly increasing from 7,935 CNY/ton to 7,995 CNY/ton. The price increase within the week was 0, and it fell by 18.31% year-over-year. The supply side lacked support, and downstream demand remained at a necessary level. The cost of pure benzene continued to be weak. It is expected that the aniline market in China will be more likely to fall than to rise in the future.

• Aniline market: Prices remain firm
• supply side
• weak demand

This week, the urea market price in China showed a strong upward trend, with the reference average price increasing from 1577 CNY/ton to 1597 CNY/ton, a price increase of 1.27%. The futures market has driven the spot market, with quotations in various regions around 1510-1600 CNY/ton. Supply and demand are stable, with ample supply and relatively weak demand. It is expected that urea prices will consolidate in the short term.

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

This week, the Chinese titanium dioxide market remained stable, with light market demand and cautious transactions. The average price of sulfate process rutile titanium dioxide was 13,860 CNY/ton, with a price range of 13,200-14,200 CNY/ton. It is expected that the market will remain weak and stable in the short term, with actual transaction prices negotiated on a case-by-case basis.

• titanium dioxide market
• stable prices
• weak market demand in China
• cautious transactions

This week, the activated carbon price remained stable, with both the beginning and the end of the week at 12,666 CNY/ton. The demand for coconut shell activated carbon is strong, but the high price limits transactions, leading to poor market sales; the price fluctuation of wood and bamboo activated carbon is small, supported by cost. It is expected that the price of activated carbon will remain in a high range with fluctuations in the short term.

• Activated carbon prices
• coconut shell activated carbon
• market demand
• high-level fluctuations

This week, the isopropyl alcohol market price in China slightly decreased, from 5816.67 CNY/ton at the beginning of the week to 5791.67 CNY/ton at the end of the week, a price decrease of 0.43%. The trading atmosphere in the market was light, with weak downstream purchasing and a tendency for transactions to focus on the lower end. It is expected that the market will mainly undergo a weak consolidation in the short term, and attention should be paid to the movements of major manufacturers.

• Isopropanol price
• market analysis
• chemical product market trend
• price decline

This week, the price of sodium metabisulfite in China remained stable, with the average price of industrial-grade sodium metabisulfite staying at 1,950 CNY per ton. The price of soda ash, an upstream product, remained stable, while the price of sulfur increased by 5.4%. The price of caprolactam, a downstream product, decreased by 0.67%. The overall market performance was steady, and it is expected that prices will mainly show a weak fluctuation trend in the short term.

• sodium metabisulfite
• stable price
• market forecast
• chemical product

From October 20 to 24, the BDO price in China remained at 7,465 CNY/ton, a decrease of 0.76% week-over-week and a decrease of 6.34% year-over-year. The market is operating with a wait-and-see attitude, with supply-side support still present, but the capacity utilization rate is low. Downstream demand has increased, and the supply-demand game continues. Cost factors are slightly negative, and it is expected that the BDO market will mainly maintain a stable trend.

• BDO market: Prices stable
• Supply vs. demand dynamics
• Cost factors weigh negatively

After the National Day, the Chinese acetone market rebounded from its bottom. The price of acetone in the East China region rose from 4,120 CNY/ton on October 17 to 4,230 CNY/ton on the 24th, a price increase of 2.67%. The supply side was pushed up by news of maintenance at Zhejiang Petrochemical, while the demand side saw an increase in restocking due to the low market prices, driving the overall market to rise slightly.

• Acetone market: Prices rebound
• supply tightens
• demand rises

In October, the ethylene glycol price first fell and then rose, showing signs of stabilizing. The average price of oil-based ethylene glycol in China fell by 2.47%, and the spot basis at the port strengthened. The main reasons were a major factory in East China planning to switch production in November, a reduction in inventory by 30,000 tons, and an increase in international crude oil prices. It is expected that the ethylene glycol price in October will be weak first and then strengthen.

• Ethylene glycol prices
• stabilization after decline
• inventory reduction
• international crude oil prices rise

This week, the price of phenol in China increased slightly by 0.51%, with prices in the East China region rising from 6,516 CNY/ton to 6,550 CNY/ton. The supply remained stable, with a phenol and acetone production enterprise operating rate of 75%, and port inventory dropping to a low of 2,000 tons. Demand was mainly driven by rigid needs, with insufficient market trading volume. It is expected that prices will fluctuate narrowly next week.

• Phenol Market
• Price Fluctuations
• Supply Side
• Demand Side

From October 20 to 24, the Chinese methanol market experienced a downward fluctuation, with the price at East China ports falling to 2,238 CNY/ton, a decrease of 2.27%. The closing price of methanol futures on the Zhengzhou Commodity Exchange fell by 0.18%. Although the supply side is favorable, the demand side is weak, and it is expected that the market trend will remain weak in the future.

• Methanol Market: Prices Decline
• Supply Side Positives
• Demand Side Negatives

This week, the coke market in China has been operating with a slight downward trend, with the average price on October 24th at 1,413 CNY per ton Major steel mills in Tangshan plan to increase the price of wet quenched coke by 50 CNY per ton and dry quenched coke by 55 CNY per ton, effective from October 27th The price of coking coal remains stable with a slightly upward trend, supporting the coke prices

• Coke market
• price trend
• supply and demand analysis
• future forecast

From October 20 to 24, the price of MTBE rose slightly from 4,912 CNY/ton to 4,930 CNY/ton, with a 0.36% increase during the period. The market showed weak consolidation, with limited support from rising international oil prices, weak demand for gasoline, and increased resource supply. It is expected that the MTBE market in China will mainly remain in a stalemate and consolidation.

• MTBE market
• crude oil prices
• gasoline demand
• rising supply

In October, the price of anhydrous hydrogen fluoride in China increased to 12,666.67 CNY/ton, a 10.47% increase. The price of fluorspar raw materials remained high, but the demand for downstream refrigerants was weak, with the price of R22 falling by 51.52%. It is expected that the market will mainly consolidate in the later period, and attention should be paid to changes in supply and demand.

• hydrofluoric acid
• fluorspar market
• refrigerant industry
• market conditions

This week, 85% industrial-grade thermal phosphoric acid prices in China saw a slight decrease, with the average price falling from 6,650 CNY per ton to 6,620 CNY per ton, a price decrease of 0.45%. The market price of yellow phosphorus increased slightly, but downstream buyers are mainly in a wait-and-see mode. It is expected that the phosphoric acid market will maintain a consolidation trend in the short term.

• Phosphate market
• Price trend
• Cost analysis
• Future market forecast

From October 17 to 23, the average market price of ammonium sulfate in China remained at 1070 CNY/ton, with stable prices. This week, the operating rate of enterprises was steady, and the market supply was sufficient. Downstream demand for replenishment was met, but international market demand was limited. It is expected that the ammonium sulfate market price will remain in a stalemate and consolidation state in the short term.

• Ammonium sulfate market
• prices stable
• supply and demand competition
• market observation