Policy & Regulation

On December 22, the price of Chinese polyester staple fiber rose significantly to 6,370 CNY per ton, representing a price increase of 1.19%. Influenced by geopolitical conflicts, international oil prices have risen, providing strong support for PX and PTA prices. However, weak downstream demand has dampened the purchasing enthusiasm of yarn mills, creating resistance to further increases in staple fiber prices.

• Polyester staple fiber
• rising oil prices
• PTA market
• weakening terminal demand

December 22, the price of caustic soda remained stable, with the market average price at 748 CNY/ton, a year-on-year decrease of 159% In Shandong and Jiangsu provinces, the prices for 32% ion-membrane alkali were 690-780 CNY/ton and 760-870 CNY/ton, respectively, while in Inner Mongolia, the price was 2100-2200 CNY/ton (on a hundred percent basis) The supply and demand situation remained unchanged, with general demand from downstream alumina

• Caustic soda prices
• market analysis
• chemical industry index
• supply-and-demand dynamics

In December, phthalic anhydride prices fluctuated and declined, with a price decrease of 3.77%. The drop in o-xylene prices led to lower costs, while the supply of phthalic anhydride remained ample. Meanwhile, downstream DOP manufacturers saw their operating rates decline, resulting in weaker demand. It is expected that phthalic anhydride prices will continue to trend downward in the near term.

• Phthalic anhydride prices have fallen
• costs have decreased
• demand is weak
• supply has increased.

On December 22 at 24:00, China's retail oil prices saw their twelfth reduction of the year, with gasoline prices decreasing by 170 CNY per ton and diesel prices by 165 CNY per ton The main reasons were the decline in international oil prices and weak demand In the short term, it is expected that international oil prices will remain weak and volatile, and the cost support for China's refined oil market will be limited

• Refined oil price adjustments
• crude oil market conditions
• gasoline demand
• diesel market

The global pesticide market has entered a period of stagnation and downward pressure, with weak demand and oversupply pushing most active ingredients into a prolonged correction phase.

This week, the market price of propylene oxide in China declined, with the benchmark price at 7,850 CNY/ton, an increase of 1.29% from the beginning of the month. The price of raw material propylene slightly dropped, with insufficient cost support; the supply side saw increased capacity and ample inventory, while demand was weak, resulting in limited market transactions. It is expected that the propylene oxide market will remain stable but slightly weak in the short term.

• Propylene oxide prices
• raw material propylene
• market supply and demand
• price trend forecast

From December 1st to 18th, the reference average price of urea in the Chinese market increased from 1702 CNY/ton to 1720 CNY/ton, with a price increase of 1.03%. The market supply is sufficient, and demand is stable. The rise in the futures market has driven the spot market to improve. It is expected that the urea market price will continue to rise in the short term.

• Urea market: prices rise
• supply is ample
• demand is stable.

Recently, the price of formic acid has decreased As of December 19, the price of industrial-grade 85% formic acid in China was 2,830 CNY per ton, a decrease of 275% compared to last week The supply side has experienced a phased contraction, but it has not significantly alleviated the high inventory pressure Demand is weak, and downstream industries are adopting a wait-and-see attitude, leading to a stalemate in market supply and demand

• Formic acid prices decline
• supply side contracts
• weak demand
• inventory pressure

From December 12 to 19, China’s BDO prices fell by 115% month-on-month, and the market remained in a state of cautious wait-and-see On the supply side, some plants have resumed operations and increased their production capacity, adding to the available supply; however, plant maintenance activities also continued In terms of costs, calcium carbide prices declined while methanol prices are expected to rise, creating mixed impacts

• BDO Market
• Supply-Demand Dynamics
• Cost-Driven Influences
• Future Market Forecast

Since December, the market price of acetone in China has continued to fall As of December 19, the national average price dropped to 4087 CNY/ton, a decrease of 331% The price in the East China region was reported at 4050 CNY/ton, a decline of 3034% compared to the same period last year In terms of supply, domestic production has decreased, but imports have maintained a balance On the demand side, it is mainly driven by rigid demand, with insufficient willingness to restock

• Acetone market
• price decline
• supply-demand balance
• inventory pressure

This week, the price of ammonium sulfate in China fell by 6.25%, with the average price dropping from 1173 CNY per ton to 1100 CNY per ton. Although the market supply has decreased, demand remains weak, and downstream buyers are resistant to high prices, resulting in fewer new orders. It is expected that the price of ammonium sulfate will continue to be weak in the short term.

• Ammonium sulfate market
• price decline
• supply and demand situation
• future market forecast

From December 12 to 19, the MTBE price remained at 4,967 CNY/ton, with a price decrease of 0.70%. The international crude oil trend was poor, and manufacturers slightly reduced prices. The market showed weak fluctuations due to the interplay between reduced supply and weak demand. High raw material costs provided strong support, and manufacturers were keen on maintaining prices. It is predicted that the MTBE market in China will mainly undergo a weak consolidation.

• MTBE market
• crude oil prices
• supply-demand dynamics
• chemical product market trends

Cyclohexane has a large consumption in China, and with the improvement of product quality and production capacity, the export volume has been increasing year by year, especially with faster demand growth in regions such as Southeast Asia and the Middle East. The industry is highly concentrated, dominated by large enterprises, and in the short term, the supply and demand are balanced, with prices remaining stable.

• Cyclohexane
• Market Supply and Demand
• Price Trends
• International Market Prospects

From December 8 to 17, the price of methanol in the East China ports of the Chinese methanol market increased from 2090 CNY/ton to 2140 CNY/ton, a sequential increase of 5.16% and a year-on-year decrease of 18.74%. The main futures contract for methanol at the Zhengzhou Commodity Exchange closed at 2156 CNY/ton, with a price increase of 1.84%. The market trend was narrowly consolidated due to factors such as ample supply, weak demand, and weakened cost support.

• Methanol Market
• Price Fluctuations
• Changes in Supply Side
• Impact on Demand Side

On December 17, 2025, the average price of coke was 1,496 CNY per ton After experiencing two rounds of price increases and subsequent cuts, the market has temporarily stabilized—but a third round of price cuts has already begun The market is clearly in the off-season, with downstream industries showing low operational enthusiasm and steel mills increasing maintenance activities, leading to weakening demand expectations

• Coke market
• price decline
• weak demand
• supply recovery

Recent polyethylene market has been weak, with LLDPE, LDPE, and HDPE prices falling by 1.65%, 1.89%, and 2.05% respectively. Supply is abundant while demand is weak, and cost support is insufficient. Futures prices have declined, and it is expected that polyethylene will continue to operate in a weak manner.

• Polyethylene prices have fallen
• market demand is weak
• supply exceeds demand
• futures prices are declining.

Recently, the Chinese dichloromethane market has experienced a slight rebound due to rising costs and a temporary reduction in supply. However, the imbalance between supply and demand remains unchanged. In the short term, as production facilities resume operations, supply pressure will reappear, and weak demand will limit the extent of the rebound. It is expected that prices will experience a slight correction and narrow fluctuations.

• Dichloromethane market
• cost support
• supply changes
• weak demand

As of December 16, 2025, the price of n-butanol in Shandong, China, decreased from 5783 CNY/ton to 5650 CNY/ton, a price decrease of 2.31%. This week, the market showed a decline from a high position, with weakening demand and reduced purchasing enthusiasm. Although the supply pressure is manageable, support is weak. It is expected that the market will continue to be relatively weak in the short term.

• Butanol market conditions: Demand is weakening
• prices are being lowered
• the market is sluggish.

Recent melamine prices have been consolidating at high levels, with supply contraction and cost support unable to offset weak demand Industry operating rates have declined, and inventory pressure is not significant, but long-term overcapacity is suppressing prices The rise in urea prices has increased manufacturing costs, while downstream demand remains flat, creating a situation where there are prices but no market

• Melamine price
• supply-demand relationship
• cost support
• real estate impact