ECHEMI Analysis

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.

Recently, the price of lithium carbonate has been fluctuating On the supply side, it has been affected by the shutdown of Ningde's Jiaxiwo mine and a decrease in imported lithium concentrate from overseas On the demand side, it remains strong due to the growth in battery production and sales As of December 8th, the benchmark price for battery-grade lithium carbonate is 92,500 CNY per ton, up 167% month-over-month and 1424% year-over-year

• Lithium carbonate prices
• supply-side disruptions
• growing demand
• declining inventories

Recently, the supply of the melamine market in China has tightened due to plant shutdowns, with prices increasing slightly by 0.67% to 5637.50 CNY/ton. However, flat demand and resistance from downstream sectors have limited the price increase. The rise in the cost of raw material urea provides some support, but the short-term market trend will depend on the balance between supply and demand.

• Melamine market: Tightening supply
• subdued demand
• cost support

On December 8 at 24:00, China's retail oil prices were lowered again, marking the 11th reduction in 2025. During this cycle, crude oil prices first fell and then rose, with the final change rate at -1.20%, resulting in a decrease of 55 CNY per ton for both gasoline and diesel. Despite geopolitical tensions supporting oil prices, weak demand has kept international oil prices in a weak and volatile state in the short term.

• Refining product price adjustments
• crude oil prices
• gasoline demand
• diesel demand

In November, China’s maleic anhydride market first declined and then rebounded. As of December 5, the average quoted price was 5,250 CNY per ton, down 2.33% from the beginning of the month. The supply side was significantly affected by Wanhua’s auction and the shutdown of a plant in Jiangsu. Upstream prices of pure benzene and n-butane both rose overall. Downstream demand for unsaturated resins remained weak. It is expected that the maleic anhydride market in December will mainly remain stable.

• Maleic anhydride market conditions
• price fluctuations
• market supply
• impact on upstream and downstream industrial chains

In November, the market for petroleum coke from independent refineries showed a downward trend, with the average price dropping from 2,82325 CNY/ton to 2,60325 CNY/ton—a price decrease of 779% Affected by fluctuations in international crude oil prices as well as supply and demand dynamics, the markets for medium- and high-sulfur calcined coke and electrolytic aluminum also experienced declines

• Petroleum coke market conditions
• petroleum coke from independent refineries
• international crude oil prices
• supply of metallic silicon

This week, the acrylonitrile market in China has been on a downward trend due to oversupply and weakening demand. Prices in East China and Shandong have fallen by 150 CNY/ton and 25 CNY/ton, respectively. The capacity utilization rate remained at 80.6%, with inventories increasing to 55,500 tons. Rising costs have led to production losses, and it is expected that the market will continue to face downward pressure in the short term.

• Overcapacity
• weakening demand
• rising costs
• declining market

This week, the spot market price of PVC in China fell from a high level, with the average price of calcium carbide method SG-5 type dropping to 4,400 CNY/ton, a decrease of 123% The supply and demand fundamentals are weak, with significant supply pressure, rising social inventory, and mediocre performance on the demand side The rise in the price of calcium carbide failed to sustainably drive up the price of PVC

• PVC Market
• Price Trends
• Supply-Demand Pressure
• Future Market Forecast

This week, the price of polyester bottle chips in China first rose and then fell. As of December 5th, the average selling price of PET was 5,785 CNY per ton. Cost fluctuations dominated the price, with obvious supply-side easing pressure and weak demand. It is expected that the price will consolidate weakly within the range of 5,700-5,850 CNY per ton next week.

• Polyester bottle flakes
• price fluctuations
• cost-side bargaining
• weak supply and demand

This week (Dec 1-5), the Chinese polymeric MDI market price showed a strong increase, with a weekly price increase of 092% In terms of supply, frequent maintenance announcements from major foreign factories have heightened expectations of tighter supply The cost of pure benzene fluctuated within a range, while the aniline market saw a decline from its high levels On the demand side, downstream buyers entered the market based on their needs, resisting high-priced supplies

• Polymerized MDI
• market price
• tightening supply
• cautious demand

Since November, the hydrogen peroxide market has continued to decline, falling from 930 CNY/ton on November 1 to 770 CNY/ton at the beginning of December, with a price decrease of 16.85%. The main reasons are loose supply and weak terminal demand. Although there was a slight increase in the middle and late part of the month, the overall trend remains downward, and it is expected that the market will continue to weaken.

• Hydrogen peroxide market
• prices falling
• low demand
• supply pressure

This week, the market price of anhydrous hydrogen fluoride in China remained stable, with the benchmark price of hydrofluoric acid at 12,733.33 CNY/ton, a 1.6% increase from the end of last month. The high price of raw material sulfuric acid has increased cost pressure; the price of fluorspar is weak and stable. Demand is weak, and overall consumption capacity is insufficient. It is expected that the market will continue to operate in a weak and stable manner in the later period.

• Anhydrous hydrogen fluoride
• market price
• cost pressure
• weak demand

As of December 5, the DOP price rose to 7,209.16 CNY/ton, with a price increase of 2.12%. Due to rising costs and a decrease in operating rates to 64%, DOP supply has decreased. The price of 2-ethylhexanol increased to 7,066.67 CNY/ton, with a price increase of 6.27%, driving up the cost of DOP. It is expected that the DOP price will remain strong and stable in the future.

• DOP prices rise
• costs increase
• supply decreases
• isooctanol prices surge significantly.

This week, the focus of China's titanium dioxide market shifted upward. The average price of sulfate process rutile titanium dioxide increased from 13,500 CNY/ton to 13,640 CNY/ton, a price increase of 1.04%. Despite companies raising quotes due to cost pressure, demand remains weak, mainly driven by essential needs, and there is a strong wait-and-see sentiment in the market. It is expected that the market will maintain a firm trend in the short term.

• Titanium dioxide market
• price hike
• cost pressure
• wait-and-see sentiment

This week, the price of 2-ethylhexanol increased significantly by 627% to 7,06667 CNY per ton, mainly due to decreased production, reduced supply, and strengthened cost support The operating rate of manufacturers dropped to 74%, and production fell to 60,000 tons The price of propylene, a raw material, increased by 053%, enhancing cost support The price of downstream DOP rose by 212%, but demand support weakened

• Prices of isooctanol are rising
• operating rates are declining
• propylene costs are increasing
• DOP prices are experiencing volatile increases.

The recent formic acid market in China has been operating stably, with supply contracting due to maintenance and production cuts by enterprises. Despite the inventory being at a medium to high level and weak demand, the ample inventory supports stable prices. It is expected that the formic acid market prices in China will remain stable in the short term.

• Supply contraction
• high inventory levels
• subdued demand
• stable prices