Policy & Regulation

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

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

Industry sentiment toward the global butadiene market for the final four months of 2025 is decidedly bearish, with rising supply from refinery restarts and new capacity overshadowing fragile demand recovery.

The U.S. Environmental Protection Agency (EPA) has approved the bulk of long-pending waiver requests from small oil refineries under the federal biofuels mandate, a move that has triggered alarm within the ethanol and biodiesel industries over potential d

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 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

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

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

This week, the coke market in China showed a narrow and weak trend, with an average price of 1442 CNY/ton, a slight decrease from last month. The supply was loose, but the demand was insufficient, leading to poor sales for some coke enterprises and increased inventory pressure. It is expected that the coke market in China will maintain its current trend next week, with downstream demand still appearing weak.

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

Starting from September 4, the hydrogen peroxide market has shown signs of recovery, with prices rising from 690 CNY/ton to 696 CNY/ton—a price increase of 0.97%. The uptick is driven by growing demand from end-use industries such as printing and papermaking, as well as supply constraints caused by production shutdowns for maintenance at several manufacturers. Market analysts expect the hydrogen peroxide sector to remain strong through late September.

• Hydrogen peroxide market
• price increase
• supply tightening
• demand growth

This week, the price of activated carbon in China increased from 12,933 CNY/ton to 13,000 CNY/ton, a price increase of 0.52%. Due to the tight supply of coconut shell raw materials and the increased demand for new energy batteries, production capacity has decreased and supply is short, driving up prices. It is expected that the price of activated carbon will remain volatile but with a strong bias in the short term.

• Activated carbon prices are rising
• supply shortages persist
• coconut shell raw materials are in tight demand
• and demand for new energy batteries is increasing.

From September 5 to 11, the average price of ammonium sulfate in China fell by 6.17%, from 1,026 CNY/ton to 963 CNY/ton. The market supply was ample while demand was weak, leading to lower transaction prices due to downstream buyers pressing for lower prices. It is expected that the price of ammonium sulfate will continue to weaken and decline in the short term.

• Ammonium sulfate prices decline
• weak demand
• ample market supply
• pessimistic outlook for the future

Recently, the anhydrous hydrogen fluoride market in China has shown a stable and slightly strong trend, mainly due to tight fluorspar supply, increased costs, and diversified downstream demand. As of September 10, the price of hydrofluoric acid has increased by 7.67% compared to the end of August. It is expected that prices will continue to rise in the short term, and attention should be paid to changes in supply and demand.

• Anhydrous hydrogen fluoride
• market trends
• cost pressure
• diverging demand

In early September, the acetic acid market in China remained firm, with the average price increasing from 2,430 CNY/ton to 2,500 CNY/ton, a price increase of 288% On the supply side, production in Henan was at a low level, while demand followed as needed, and market sentiment was positive The price of raw material methanol increased slightly by 191%, and the downstream acetic anhydride market saw a slight uptick

• Acetic Acid Market
• Methanol Trends
• Acetic Anhydride Prices
• Supply-Side Support

In early September, the palm oil market in China fluctuated and rose, with the average market price increasing from 9,404 CNY/ton to 9,520 CNY/ton, a price increase of 1.23%. The yield of Malaysian palm oil decreased by 5.70%, and external market bullish support led to higher futures prices in China. Analysts expect demand to increase in mid-September, and the market outlook is bullish.

• Palm Oil Market Trends: Bullish vs. Bearish Battles
• Volatile Rise Amid Growing Demand

In early September, the PP market prices in China softened, with the mainstream offer prices falling by 0.93% compared to the beginning of the month. The cost support for raw materials was moderate, and the supply side was abundant due to the commissioning of new capacities. However, there was no significant improvement in demand, leading to a weak overall market situation. In the short term, PP prices may still need to consolidate.

• PP prices declined
• supply remains ample
• demand is weak
• fundamental support is lacking.