ECHEMI Analysis

In November, the market price of anhydrous hydrogen fluoride in China declined, with the benchmark price at 12,533.33 CNY/ton, a month-on-month decrease of 1.05%. The price of raw material fluorspar fell by 2.47%, while the price of sulfuric acid increased, leading to greater cost pressure. Due to weak demand downstream, it is expected that the market may experience a volatile but slightly stronger trend in the later period.

• Anhydrous hydrogen fluoride
• market price
• fluorite
• sulfuric acid

This week, the acrylonitrile market in China was quiet, with ample supply and a slight decrease in demand. Prices in the East China ports and Shandong remained unchanged from last week. The increase in upstream raw material costs has led to greater production losses. It is expected that the market will continue to fluctuate within a range, with limited downward space but attention should be paid to inventory pressure.

• Supply is ample
• demand has declined
• costs are rising
• price range is fluctuating.

Recently, the polyethylene market in China has been operating weakly, with prices for LLDPE, LDPE, and HDPE all declining. The amount of production loss due to maintenance decreased by 14,100 tons to 83,300 tons, resulting in a high supply. Demand is flat, and companies are being cautious with their purchases. The pattern of high supply and low demand continues, and it is expected that polyethylene will remain weak in the short term.

• Polyethylene market: prices decline
• supply increases
• demand remains subdued.

In November, the Chinese PVC spot market continued its downward trend, with prices fluctuating and declining, but the price decrease slowed. As of November 28, the average price of PVC was 4,452 CNY/ton, falling by 2.3% for the month. Insufficient cost support and high supply and demand pressures led to a weak market. At the end of the month, there were signs of stabilization, and there may be room for a rebound in the future.

• PVC prices decline
• supply-and-demand pressures
• market stabilizes
• inventories remain high.

In November, the spot market for natural rubber in China experienced a slight increase in prices, rising from 14,620 CNY/ton at the beginning of the month to 15,090 CNY/ton Despite the continuous increase in rubber inventory having a bearish impact on the market, the high operating costs of raw materials and the support from downstream demand led to an increase in the price of natural rubber

• Natural rubber
• market conditions
• rising inventory levels
• tire utilization rate

This week, the spot market price of PVC in China increased slightly by 0.48%, with an average price of 4,452 CNY per ton. The fundamentals have not significantly improved, and the supply and demand remain loose, with insufficient downstream demand. The continuous decline in calcium carbide prices has put pressure on PVC prices. It is expected that PVC prices will maintain a range-bound adjustment pattern next week.

• PVC market conditions: prices are stable
• supply and demand are relaxed
• calcium carbide prices have fallen.

In November 2025, the price of polyester bottle chips fluctuated weakly within the range of 5600-5830 CNY/ton. At the beginning of the month, the price was weak. On the 14th, due to the rebound in crude oil, it rose to 5812 CNY/ton, followed by a continuous decline. Cost fluctuations, loose supply, and weak demand together led to price pressure. It is expected that the oscillating pattern will continue in the short term.

• Polyester bottle chip prices
• cost and demand game
• impact of crude oil prices
• ample supply

In November, the butadiene rubber market in China experienced a downward fluctuation. The price in the East China region fell from 11,150 CNY/ton at the beginning of the month to 10,680 CNY/ton, a decrease of 4.22%. High butadiene inventory and low international crude oil prices led to a decrease in costs, with the operating rate maintained at around 70%. It is expected that butadiene rubber will continue to experience weak fluctuations in the later period.

• Butadiene rubber
• market trend
• price decline
• operating rate

In November, the styrene-butadiene rubber (SBR) market in China weakened due to lower costs, with prices in East China falling to around 11,025 CNY/ton. The prices of raw materials butadiene and styrene decreased by 6.65% and 1.42%, respectively. The facility utilization rate of SBR in China was about 75%, and demand from the downstream tire industry was stable but slightly decreased. It is expected that the SBR market will consolidate with fluctuations in the later period.

• Styrene-butadiene rubber
• market trend
• cost decline
• downstream demand

In November, the EVA market in China showed a weak downward trend, with weak demand and ample supply. As of November 28th, the benchmark price of EVA was 10,400 CNY/ton, a decrease of 4.29% from the beginning of the month. The price of raw material ethylene has decreased, while the price of vinyl acetate has increased, providing some support to the cost. It is expected that the EVA market will continue to show a weak consolidation trend in the later period.

• EVA market conditions: demand is weak
• costs are declining
• supply is ample.

In November, the dichloromethane market in China operated weakly. The average price in Shandong region was 1695 CNY/ton, a month-on-month decrease of 5.7% and a year-on-year decrease of 41.35%. The fluctuation in production rates mainly influenced the prices, while weak demand constrained the market. The cost support from methanol and liquid chlorine was also weak. It is expected that the market will continue to operate weakly in the short term.

• Dichloromethane Market: Supply and Demand
• Cost Support
• Market Analysis

In November, the spot price of pure benzene in Shandong region experienced volatile upward movements, rising from 5,172 CNY/ton at the beginning of the month to 5,247.67 CNY/ton by the 28th—a price increase of 1.46%. Sinopec lowered its price to 5,300 CNY/ton. Market sentiment remains positive, and prices are expected to fluctuate within a narrow range in the short term. International crude oil futures and overseas pure benzene prices showed slight fluctuations.

• Pure benzene price
• market analysis
• crude oil futures
• overseas pure benzene

In November, the caustic soda prices generally decreased. In Shandong region, the price of caustic soda dropped from 838 CNY/ton at the beginning of the month to 780 CNY/ton at the end of the month, a decrease of 23.6% compared to the same period last year. Despite ample supply, downstream demand was moderate, and the market was in a stalemate. It is expected that caustic soda prices will continue to consolidate in the later period.

• Caustic soda prices
• market analysis
• supply-demand relationship
• import and export data

This week, the styrene market in China showed a fluctuating upward trend, rising from 6,590 CNY/ton at the beginning of the week to 6,656 CNY/ton by the end of the week, with an overall price increase of 1%.

• Styrene Market
• Price Increase
• Weekly Analysis
• Chemical Products

In November 2025, the price of toluene in China increased from 5150 CNY/ton to 5330 CNY/ton, a price increase of 3.5%. The overall market showed a stable and slightly strong trend, with steady demand. Affected by the slight decline in crude oil prices, it is expected to maintain a stable and slightly weak trend in the short term.

• Toluene market: Prices edged up slightly
• demand remains steady
• crude oil prices exert an influence.

At the end of November, the Chinese maleic anhydride market was mainly in a consolidation phase, with the average price of maleic anhydride produced by the oxidation of n-butane at 5,26250 CNY/ton In terms of supply, the auction of Wanhua Yantai did not result in any transactions, and prices in East China slightly declined The procurement of unsaturated resins by downstream buyers was limited

• Maleic anhydride market conditions: Market is consolidating
• supply is increasing
• unsaturated resins.

This week, the reference average price of urea in the Chinese market was 1657 CNY/ton, an increase of 0.15% from last week. The rise in the urea futures market has driven the spot market to improve. Supply is ample, and demand has increased, mainly due to industrial rigid demand and agricultural spring plowing needs. It is expected that the urea market price will fluctuate and consolidate in the short term.

• Urea Market
• Price Trends
• Supply and Demand Situation
• Future Market Forecast

This week, the average market price of acetic acid in China rose to 255000 CNY/ton, with a price increase of 186% Due to low capacity utilization rates, reduced inventory, and an increase in long-term orders at the end of the month, the price of acetic acid continued to rise The price of the raw material methanol also increased significantly by 602% The downstream acetic anhydride market, however, saw a slight decline of 031%

• Acetic acid market conditions
• methanol market conditions
• acetic anhydride market
• inventory declining

In November, the price of activated carbon increased from 12,633 CNY/ton at the beginning of the month to 12,800 CNY/ton at the end of the month, with a price increase of 1.32%. The demand for coconut shell activated carbon used for water purification in China has grown, but the tight supply of raw materials has led to a price increase. It is expected that in the short term, the price of activated carbon will maintain a strong fluctuation trend.

• Activated carbon prices
• growing demand
• tight raw material supply
• price forecast

In November, the isopropanol market price in China continued to decline, falling from 5675 CNY/ton at the beginning of the month to 5433.33 CNY/ton on the 28th, a decrease of 4.26%. The price of raw material acetone fell by 1.17%, while the price of propylene increased by 2.02%. The market trading atmosphere was light, and it is expected that the isopropanol price will fluctuate within a range in the short term.

• Isopropyl alcohol prices decline
• raw material cost impact
• subdued trading atmosphere
• short-term market outlook