Policy & Regulation

As we enter December, the price of China’s polyester staple fiber has slightly declined to 6,270 CNY per ton Although supply-side risks in the crude oil market remain unresolved, weak demand has led to volatile and subdued oil prices The spot price of PTA has fallen to 4,649 CNY per ton, with supply remaining stable Downstream markets are experiencing weak demand, resulting in reduced purchasing enthusiasm

• Polyester staple fiber prices
• weak market demand
• volatile international oil prices
• PTA market conditions

Recently, the price of lithium carbonate has continued to rise, with battery-grade and industrial-grade lithium carbonate increasing by 19.69% and 21.2% year-over-year, respectively. The surge in demand for energy storage, the tight supply of lithium ore in China, and the trend of inventory clearance have collectively supported the price increase. In the short term, prices will remain at a high level with fluctuations.

• Lithium carbonate prices
• growing demand
• tight supply
• inventory clearance

Recently, the butadiene market in China has been on an upward trend, increasing from 6,983.33 CNY/ton to 7,400 CNY/ton, a price increase of 5.97%. The supply side's intention to maintain prices has strengthened, with foreign market prices rising. Downstream synthetic rubber futures have also strengthened, and demand remains robust, driving up market prices. It is expected that the butadiene market will still have room for further increases in the short term.

• Butadiene market
• price increase
• supply-side support
• steady demand

Since December, the PTA market in China has experienced a slight downward fluctuation As of the 14th, the spot price in the East China region was 4639 CNY/ton, a decrease of 135% from the beginning of the month The weak oil price is due to the risk of crude oil supply and weak demand PTA facilities are operating stably with an operating rate of about 73%

• PTA market
• crude oil prices
• polyester plants
• expectations of inventory accumulation

This week, the spot market price of PVC continued to decline, with the average price of SG-5 type at 4,295 CNY/ton, a weekly price decrease of 2.14%. The market lacks positive factors, and the supply and demand fundamentals are weak. Downstream demand is insufficient, and trading activity is light. It is expected that the price of PVC will continue to maintain a range-bound adjustment pattern next week.

• PVC Market Trends: Prices Decline
• Supply-Demand Fundamentals
• Future Market Forecast

This week, the price of polyester bottle chips in China has slightly declined, with the average price of PET falling to 5725 CNY/ton. The main reasons are weak terminal demand and insufficient cost support. Downstream purchasing enthusiasm is low, market transactions are light, and the loose supply further increases the downward pressure on prices. In the short term, the market is expected to continue its weak fluctuation.

• Polyester bottle flake prices
• weak demand
• weakening cost support
• ample supply

This week, the caustic soda price showed a weak trend The average price at the beginning of the week was 752 CNY/ton, and by the end of the week, it had fallen to 748 CNY/ton, a decrease of 053%, and a 246% drop compared to the same period last year In Shandong and Jiangsu regions, the prices for 32% ion membrane caustic soda were quoted at 690-780 CNY/ton and 760-870 CNY/ton, respectively, while in Inner Mongolia, the price was 2100-2200 CNY/ton (converted to 100%)

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

As of December 12, the price of hydrofluoric acid was 12,733.33 CNY/ton, an increase of 1.6% from the end of last month. The price of sulfuric acid increased by 8.01%, leading to increased cost pressure, while the price of fluorspar remained weak and stable. Due to weak demand downstream, it is expected that the market for anhydrous hydrogen fluoride will mainly remain firm. Attention should be paid to changes in market supply and demand.

• Rising raw material costs
• cost pressure
• weak demand
• market remains resilient

This week, the market price of epichlorohydrin in China increased. As of December 12, the benchmark price was 11,600 CNY/ton, a 3.57% increase from the beginning of the month. The price of propylene, a raw material, remained stable, while the price of glycerol decreased, leading to weaker cost support. The downstream epoxy resins market showed weak demand, with a cold trading atmosphere. It is expected that the market price will mainly consolidate in the later period.

• Epichlorohydrin
• rising market prices
• raw material costs
• weak demand

Recently, the price of formic acid in China has been stable. The supply side has contracted due to production cuts and maintenance by companies, but high inventories and weak demand from downstream sectors have suppressed price increases. Stable raw material prices on the cost side provide support, and it is expected that prices will remain stable in the short term.

• Formic acid market
• shrinking supply
• weak demand
• stable costs

This week, the isopropanol market price in China increased slightly, rising from 5175 CNY/ton at the beginning of the week to 5193.33 CNY/ton by the end of the week, a price increase of 0.35%. Cost support and limited supply boosted market confidence, but downstream demand was average. It is expected that the market will remain weak and consolidate in the short term.

• Isopropyl alcohol
• market price
• chemical analysis
• demand forecasting

From December 8 to 12, the price of MTBE fluctuated from 4947 CNY/ton to 4967 CNY/ton, with a price increase of 0.40% during the period. The decline in crude oil prices and favorable supply conditions supported the market, but demand was weak. It is predicted that the MTBE market in China may rise in the future.

• MTBE market
• price fluctuations
• favorable supply conditions
• weak demand.

In early December, the Chinese ABS market showed a weak trend, with spot prices decreasing. Supply was ample, with an operating rate of about 70%, and inventory levels were high. The cost of the three main raw materials saw more declines than increases, and demand did not show any significant increase. Downstream purchasing enthusiasm was moderate. The supply-demand contradiction continued, and it is expected that the downward pressure on ABS prices will persist in the short term.

• ABS prices cut
• ample supply
• weak demand
• cost pressure

From December 5 to December 11, the domestic ammonium sulfate market price in China remained stable, with the average price of caprolactam-grade ammonium sulfate at 1,183 CNY per ton This week, the operating rate of coke-grade ammonium sulfate remained stable, while the operating rate of caprolactam-grade ammonium sulfate decreased Market demand was flat, and downstream purchases were cautious

• Ammonium sulfate market
• stable prices
• supply and demand situation
• future market forecast

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Recently, the dichloromethane market in China has been fluctuating at a low level, with an average price of 1685 CNY/ton in the Shandong region, a decrease of 4556% compared to the same period last year The supply side has a high operating rate, but local load reductions are supporting prices, while weak demand is limiting the potential for price increases High liquid chlorine costs provide support, but methanol prices are relatively weak

• Dichloromethane
• low prices
• supply adjustments
• weak demand

Recently, the polyethylene market in China has shown weakness, with prices for LLDPE, LDPE, and HDPE all declining. Supply is abundant while demand is weak, and downstream operating rates have decreased. The demand from the greenhouse film, ground film, and packaging film industries is sluggish, and it is expected that the weakness of polyethylene will persist in the short term.

• Polyethylene prices have fallen
• there is an oversupply
• demand is weak
• market confidence is lacking.