ECHEMI Analysis

This week, the acrylonitrile market in China experienced a downward fluctuation due to oversupply and weak demand, with prices in East China and Shandong falling to 7,850 CNY/ton and 7,700 CNY/ton, respectively. The increase in production costs has led to greater losses, and it is expected that the market will continue to bottom out in the short term, putting pressure on factories to reduce production.

• Supply surplus
• weak demand
• rising costs
• market fluctuation and decline

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

This week, the TDI market in East China showed a relatively strong upward trend, with the average price rising from 14,666 CNY/ton to 14,866 CNY/ton, representing a price increase of 136% Supply remains tight, and major manufacturers have frequently announced price hikes; however, subdued demand has limited the extent of the price increase Facilities operated by Fujian Wanhua, Shanghai Covestro, and other companies have either reduced production or temporarily shut down for maintenance

• TDI market
• price increase
• tight supply
• future market outlook

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 DOP price fluctuated and fell to 7150 CNY/ton, a price decrease of 0.82%; the operating rate of DOP manufacturers in China dropped to 62%, leading to a reduction in production. The price of 2-ethylhexanol slightly fell to 7033.33 CNY/ton, a price decrease of 0.47%. It is expected that the cost support for DOP will weaken in the future, with ample supply and limited demand, resulting in a weak consolidation of prices.

• DOP prices have fallen
• plasticizer costs have decreased
• isooctanol prices have declined
• supply has reduced.

This week, the aniline market in China showed a weak decline, with prices dropping from 7,812 CNY/ton to 7,675 CNY/ton, a decrease of 1.76%. The price quickly fell due to ample supply but then slightly rebounded as trading volume increased. The pure benzene market is experiencing low-level fluctuations, and it is expected that the aniline market in China will maintain a consolidation trend in the short term.

• Aniline market: prices decline
• supply is ample
• pure benzene market conditions

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

This week, 85% of the industrial-grade thermal phosphoric acid market prices in China slightly increased by 015%, with an average price of 6,870 CNY/ton Quotations in Hubei, Yunnan, Sichuan, and other regions are around 6,600-7,000 CNY/ton The price of raw material yellow phosphorus has risen, supply has decreased, and manufacturers are holding back from selling, leading to increased cost support

• Phosphoric acid prices
• market analysis
• cost support
• price trend forecast

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

In early December, the Chinese PC market sentiment turned positive, with spot prices increasing and the benchmark price reaching approximately 1398333 CNY/ton On the supply side, production loads were reduced, inventory was manageable, and support strengthened The price of raw material bisphenol A rebounded, slightly improving the cost situation Demand remained weak but steady, with buyers cautiously following the market

• PC market
• price increase
• reduced supply
• BPA market conditions improve

In early December, the average market price of acetic acid in China rose to 2636.67 CNY/ton, a 3.40% increase. The rise in prices was driven by reduced supply and lower inventory, with stable downstream demand. The price of methanol, a raw material, fell to 2080.00 CNY/ton, a 2.12% decrease. The market price of acetic anhydride increased to 4130.00 CNY/ton, a 2.93% increase. It is expected that the acetic acid market will remain firm in the later period.

• Acetic acid market conditions: prices rise
• supply decreases
• cost support

This week, the Chinese acrylic acid market showed characteristics of "weak stability and narrow fluctuation," with a slight increase in supply but weak demand, and high costs. In the short term, the market is expected to continue consolidating at low levels. In the long term, the industry will undergo structural changes, with high-end specialty products and integrated industrial chains becoming key competitive factors.

• Acrylic Market
• Supply-Demand Dynamics
• Cost Support
• Industry Transformation

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.