Price Trends

Since September, the Chinese PTA market has slightly declined, with the average price in the East China region dropping to 4631 CNY per ton Cost support has weakened, and OPEC+ production increases have led to lower crude oil prices, resulting in a supply-demand situation where supply exceeds demand Although the peak season for downstream demand has arrived, there has been no significant increase in demand

• PTA prices
• cost support weakens
• supply surplus
• demand remains sluggish

In the first half of September, the Chinese ABS market continued to show weakness, with an average price of 9,962.50 CNY/ton, a decrease of 1.36% from the beginning of the month. Supply was ample, and inventory levels were high, with significant characteristics of a low-demand season. The upstream raw material market was weak, and cost support was insufficient. It is expected that ABS prices will continue to decline in the short term.

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

From September 8 to 15, 2025, the Chinese toluene market remained relatively stable, with the benchmark price staying at 5,360 CNY per ton. In Shandong, downstream purchasing was quite active, and the main refineries slightly increased their quotes; the markets in East China and South China were steady. International crude oil futures prices saw a slight increase, while Sinopec's regional companies kept their toluene quotes stable.

• Toluene market: Prices stable
• demand subdued
• crude oil futures

This week, phthalic anhydride prices in China showed a slight rebound, with the price of o-xylene-based phthalic anhydride rising to 6,300 CNY/ton, a 272% increase On the cost side, the prices of ortho-xylene and industrial naphthalene have risen, driving up the cost of phthalic anhydride In terms of demand, DOP prices have stopped falling and started to rebound, and the operating rates of plasticizer enterprises have stabilized, providing continued support for phthalic anhydride demand

• Phthalic anhydride prices
• cost increases
• demand support
• market rebound

As of September 15, the reference average price of urea in the Chinese market was 1,665 CNY per ton, a decrease of 2.27% from last week. The market supply exceeds demand, with ample supply and weak agricultural demand, leading to cautious purchasing by downstream buyers. It is expected that urea prices will continue to be weak in the short term.

• Urea Market: Prices Decline
• Supply Exceeds Demand
• Weak Demand

This week, the price of 2-ethylhexanol fell by 0.71% to 7,016.67 CNY/ton due to increased supply. Although the rebound in the price of downstream plasticizer DOP supported demand, the overall supply was still in excess. It is expected that the price of 2-ethylhexanol will stabilize with fluctuations in the future.

• Isobutanol prices have fallen
• supply has increased
• DOP prices have rebounded
• the market is fluctuating and trending towards stability.

The recent formic acid market has shown a weakening trend As of September 15, the price of 85% industrial-grade formic acid in China was 3,100 CNY per ton, a decrease of 373% from last week The maintenance plan for the Liaocheng factory was not carried out as scheduled, leading to the failure of the expected supply reduction Weak demand from downstream, along with a loss of confidence among traders, has resulted in a cold trading atmosphere

• Formic Acid Market: Weak Demand
• Price Cuts
• and Supply-Demand Dynamics

This week, the acrylonitrile price first increased and then decreased The ex-tank price in East China was 8,400-8,500 CNY/ton, and the short-distance delivery price in Shandong was 8,350-8,450 CNY/ton Jilin Petrochemical added a new capacity of 260,000 tons, bringing China's total capacity to 5,420,000 tons per year However, there was no significant increase in overall demand

• Acrylonitrile prices
• supply changes
• rising demand
• cost support

This week, the pure benzene market price in Shandong region of China first fell and then rose, with a slight overall increase of 011% The market price in East China slightly declined Market transactions improved, but traders were cautious Downstream demand still exists, and holders are observing macro news International crude oil futures fell, while the prices of pure benzene in the external market remained stable or slightly increased

• Pure benzene prices
• market analysis
• crude oil futures
• outlook forecast

This week, the styrene market price in China fluctuated and decreased, dropping from an average of 7,400 CNY/ton at the beginning of the week to 7,320 CNY/ton by the end of the week, with a price decrease of 1.08%.

• Styrene Market
• Prices Decline
• Chemical Products
• Market Analysis

This week, the TDI market in East China stopped falling and started to rise, with the average price increasing from 13,666 CNY/ton to 13,866 CNY/ton, a weekly increase of 146% Positive news for suppliers has been frequent, with major factories in the north experiencing tight supply, and a major factory in Shanghai raising its guidance price to 14,200 CNY/ton

• TDI market: prices rising
• supply tight
• limited support on the demand side

In September, the aniline market remained in a consolidation phase, with mainstream quotations hovering between 7,500 and 7,600 CNY per ton. Pure benzene prices fluctuated narrowly, providing only moderate support for aniline. Meanwhile, maintenance at Shandong Huatai plant had limited impact, while downstream demand continued to meet basic needs, leaving insufficient momentum for price increases. As a result, the market is expected to remain in a consolidation pattern in the near term.

• Aniline Market: Trading in a Consolidation Phase
• Cost Side Remains Stable
• Supply and Demand Steady

This week, the Chinese titanium dioxide market is temporarily stable, with general market demand and a light trading atmosphere. The average price of sulfate process rutile titanium dioxide is 13,820 CNY/ton, with a quotation range of 13,200-14,200 CNY/ton; anatase type is quoted at 11,700-12,500 CNY/ton. Under cost pressure, companies are holding firm on their quotes, and the market is mostly in a wait-and-see mode. It is expected to remain stable in the short term.

• Titanium dioxide market: prices stable
• cost pressures persist
• market remains cautious.

This week, the isopropanol market price in China saw a slight increase, with the average price at the beginning of the week at 5650 CNY/ton and rising to 5675 CNY/ton by the end of the week, an increase of 0.44%. The trading atmosphere in the market showed a slight improvement, with manufacturers clearly intending to maintain prices, and demand was mainly driven by essential needs. It is expected that the market will mainly experience minor adjustments in the short term.

• Isopropyl Alcohol Market: Prices Upgraded
• Trading Atmosphere Improving
• Demand Remains Stable

This week, the DMF market in China as a whole remained stable, but with slight fluctuations, showing a narrow and weak trend in prices. The supply and demand in the market were relatively balanced, but the downstream demand was slightly weak, leading to a slight decline in prices.

• DMF Market: Price Trends
• Narrowly Weak
• Market Stable

This week, the price of sodium metabisulfite in China fell, with the average price of industrial-grade products dropping from 2016 CNY/ton to 2006 CNY/ton, a price decrease of 0.5%. The prices of upstream and downstream products mainly decreased, and the trading volume was lower than expected. It is expected that the market will maintain a weak and volatile trend in the short term.

• Sodium metabisulfite
• price decline
• weak market
• fluctuating and weak trend

From September 5 to 12, the average price of BDO in China was 7,542 CNY/ton, a decrease of 897% month-over-month and 075% year-over-year The market is experiencing a supply and demand tug-of-war; the supply side has seen a slight increase in production due to plant maintenance and restarts, but the support is moderate The cost of raw materials, such as calcium carbide, has increased, while methanol prices are weaker

• BDO Market
• Supply-Demand Dynamics
• Cost-Side Influences
• Rising Downstream Demand

From September 5 to 12, the price of ethanol in China fell to 5,558 CNY/ton, with weak demand and rising inventory. Both cost and demand were affected by negative factors. The supply situation was mixed, with some facilities resuming production. It is expected that the ethanol market will remain weak in the short term.

• Ethanol Market: Prices Decline
• Supply-Demand Imbalance
• Diverging Demand

This week, the cyclohexane market in China remained stable with moderate downstream demand. Zhejiang Juhua, Fujian Dongxin, and Jiangsu Haili have shut down their facilities, while Shandong Hualu Hengsheng quoted a price of 7,050 CNY per ton for cyclohexanone. The supply situation is normal, but there is insufficient cost support from upstream, and it is expected that the market will remain stable in the near future.

• Cyclohexane market
• price trend
• downstream procurement
• future market forecast

From September 5 to 12, the East China port price of methanol in China rose to 2,288 CNY/ton, marking a price increase of 073% Meanwhile, methanol futures on the Zhengzhou Commodity Exchange experienced volatile gains, closing at 2,407 CNY/ton On the supply side, conditions remain favorable, while demand is mixed—showing both positive and negative trends In the international market, the CFR Southeast Asia closing price settled at $3215–322

• Methanol Market: Price Increase
• Demand-Side Influence
• Supply-Side Positives