Policy & Regulation

Recent (Nov 13~Nov 20) EVA market in China has shown a weak downward trend, with the benchmark price falling to 10,400 CNY/ton. Downstream demand is weak, while facility operating rates remain high, and raw material prices are declining, leading to weaker cost support. It is expected that the EVA market will continue to be dominated by weak consolidation in the later period.

• EVA market conditions: weak demand
• weakening cost support
• rising supply pressure

This week (11.15-11.20), the cyclohexanone market in Shandong region of China steadily increased, with the factory price rising from 6,200 CNY/ton to 6,312 CNY/ton, an increase of 1.81%. The price increase was supported by reduced supply and stable demand, but there was some pressure due to the decline in the cost of pure benzene. In the short term, the market is expected to mainly undergo consolidation.

• Cyclohexanone prices are rising
• supply is tightening
• market demand remains stable
• cost pressures persist.

Recently, the price of lithium carbonate in China has reached a new high for the year Ganfeng Lithium predicts that demand will increase by 30% in 2026 Supply and demand are basically balanced, but if the growth rate exceeds expectations, prices could surge to 150,000-200,000 CNY per ton Strong demand from new energy vehicles and energy storage batteries is supporting the price increase, driving the lithium battery sector's stocks to their daily limit

• Lithium carbonate prices rise
• new energy vehicle production and sales in China grow
• demand for energy storage batteries increases
• lithium battery sector stocks hit the daily limit.

This week, the activated carbon price increased from 12,700 CNY/ton to 12,766 CNY/ton, a price increase of 052% The demand for coconut shell activated carbon in China is strong, with factory prices in the East China region ranging from 9,500 to 13,000 CNY/ton There is a shortage of coconut shell carbonization materials in Southeast Asia, and prices in Indonesia and India have increased by more than 80% compared to the same period last year

• Activated carbon prices
• market demand
• supply shortage
• high-level fluctuation trend

As of November 20, 2025, the price of n-butanol in Shandong region has fallen to 5,066 CNY/ton, a decrease of 1.27%. Market demand is weak, downstream operations have decreased, and purchasing is cautious; supply is ample, and manufacturers are actively shipping goods. It is expected that the n-butanol market in China will mainly undergo minor adjustments in the short term.

• Butanol market
• weak demand
• price reduction
• ample supply

This week, China's acrylic acid market prices remained stable, caught in a delicate balance between cost levels and the ceiling imposed by weak demand Rising propylene prices have squeezed producers' profit margins, yet moderate operating rates on the supply side continue to bolster sellers' confidence in maintaining prices Meanwhile, sluggish demand has left downstream buyers cautious, resulting in subdued trading activity across the market

• Acrylic market
• supply-demand dynamics
• cost-driven factors
• weak demand

In mid-November, the Chinese PC market experienced fluctuations, with prices falling by 2.82% compared to early November. On the supply side, due to both maintenance and restarts, the operating rate increased slightly but provided limited support. The price of the raw material bisphenol A remained low and weak, with insufficient cost support. Demand remained weak, and it is expected that the PC market will enter a stalemate and consolidation phase in the short term.

• PC market
• cost pressure
• supply changes
• weak demand

In mid-November, the Chinese ABS market continued to be weak, with spot prices decreasing. The supply side saw small fluctuations in operating rates but remained generally loose overall. The cost side was under pressure due to the weak performance of the three upstream raw materials. In terms of demand, downstream factories operated at average loads, and there was no significant improvement in end consumption. In the short term, downward pressure on ABS prices still exists.

• ABS market
• supply-demand contradiction
• cost factors
• weak demand

This week, the butadiene market in China showed an upward trend, with prices increasing from 6,900 CNY/ton to 6,96667 CNY/ton, a price increase of 097% In terms of supply, major manufacturers' facilities are operating normally, with Sinopec's listed price at 7,000 CNY/ton On the demand side, the polybutadiene rubber market saw a slight increase, but downstream tire production only recovered slightly, showing resistance to higher-priced supplies

• Butadiene market
• price increase
• supply side
• demand side

On November 17, the average market price of light-grade soda ash was 1,224 CNY per ton, up 0.82% from the previous week. Despite moderate downstream demand, a reduction in supply and rising costs helped support a slight price increase. Meanwhile, the glass market experienced weak demand, leading to a 1.78% drop in prices. In the short term, soda ash prices are expected to remain rangebound, with a slight upward bias.

• Soda Ash Market
• Price Trends
• Supply-Demand Analysis
• Cost Pressure

This week, the prices of gasoline and diesel from Shandong's independent refineries slightly increased, with 92# gasoline and 0# diesel prices rising by 0.89% and 0.76%, respectively. The rise in crude oil market prices has driven up the prices of refined oil products, but supply-side risks have not been eliminated. It is expected that oil prices will remain weak and volatile in the short term, with limited cost support for China's refined oil market and a steady but slightly increasing demand.

• Crude oil market trends
• refined oil prices
• Shandong independent refineries
• supply-demand dynamics

This week, the transaction center of China's propylene oxide market has risen, with the benchmark price reaching 8133.33 CNY/ton, an increase of 5.63%. The price of raw material propylene is relatively strong, with obvious cost support; the supply side is tight due to some companies reducing their load; the demand side shows high purchasing enthusiasm, and the sales are smooth. It is expected that the propylene oxide market will remain stable and slightly strong in the short term.

• Propylene oxide
• market price
• tight supply
• demand-side support

This week, the market transaction focus for epichlorohydrin in China shifted upward and then stabilized As of November 14, the benchmark price was 11,400 CNY/ton, an increase of 27% from the beginning of the month The price of raw material propylene was strong, providing significant cost support; downstream demand was boosted by concentrated restocking, but subsequently weakened

• epichlorohydrin
• market analysis
• price trend
• supply and demand changes

U.S. Food and Drug Administration (FDA) has appointed Dr. Richard Pazdur, a long-time oncology expert, as the director of its Center for Drug Evaluation and Research (CDER).

This week, the PTA market in China first declined and then rose On November 14, the spot price in the East China region was 4,671 CNY/ton, up 055% from the beginning of the week In terms of supply, Sichuan Energy Investment has shut down for maintenance, with the industry operating at around 76% The downstream polyester industry load slightly decreased to 87%, and terminal demand declined

• PTA prices
• crude oil market
• supply surplus
• declining terminal demand

This week, the acrylonitrile market supply in China was generally loose, with the price range fluctuating The mainstream ex-tank price at East China ports was 8,000-8,150 CNY/ton, and the short-distance delivery price in the Shandong market was 7,800-8,000 CNY/ton The weekly capacity utilization rate of acrylonitrile plants in China was 7868%, with an inventory of about 52,800 tons Downstream demand slightly increased but remained limited

• Supply is loose
• demand growth is limited
• costs are declining
• the market is fluctuating within a range.

On November 14, 2025, the spot price of polyester bottle flakes rose to 5,812 CNY per ton, primarily driven by the rebound in crude oil prices and tight PTA supply. However, weak demand limited the price increase, and the market is expected to remain largely range-bound in the near term.

• Polyester bottle flake prices rise
• cost pressures drive the increase
• supply remains tight
• weak demand

This week, the caustic soda price showed a weak trend, with the market average price decreasing from 836 CNY/ton to 832 CNY/ton, a price decrease of 0.48%, and a year-on-year decrease of 18.51%. In Shandong and Jiangsu regions, the caustic soda prices weakened, while in Inner Mongolia, the prices remained stable. The downstream alumina demand was weak, and dealers had a pessimistic outlook, expecting the caustic soda prices to remain stable in the later period.

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

This week, the price of phthalic anhydride fluctuated and declined As of November 14, the price of ortho-xylene-based phthalic anhydride was 5,89333 CNY per ton, a decrease of 056% compared to last week The decline in ortho-xylene prices led to a reduction in the cost of phthalic anhydride, while the operating load of DOP enterprises in China slightly increased, and demand support still exists

• Phthalic anhydride prices fall
• costs decrease
• DOP demand supports
• supply is ample.

This week, the titanium dioxide market in China remained stable with an average price of 13,500 CNY per ton. Overall demand is weak, and end-users have limited willingness to replenish their inventories, resulting in a quiet trading environment. New orders for producers are not performing well, and quotations are flexible. It is expected that titanium dioxide will maintain a weak and stable operation in the short term, with actual transaction prices negotiated on a case-by-case basis.

• Titanium dioxide market
• prices temporarily stable
• weak demand
• cautious transactions