1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, the market price of pure benzene has fluctuated and fallen this month. The market price fell in the first half of the year, fluctuated and rose in the middle, and fell in the second half. On April 1st, the price was 6659.67 yuan/ton; On April 29th, the price was 5785.33 yuan/ton, a decrease of 13.13% from the beginning of the month.
2、 Market analysis
Pure benzene: The maintenance of a styrene plant in Dongying has affected the local refining market in Shandong, resulting in a decrease in market demand and a significant drop in local refining prices. In addition, the port may mainly accumulate inventory after the holiday. Traders in East China have an unstable mentality and are actively shipping, resulting in continuous price declines. According to the organization, downstream demand is insufficient, market performance is weak, and there is pressure on shipments.
This month, the price of pure benzene from Sinopec dropped by 750 yuan/ton to 6000 yuan/ton.
Downstream aspects
3、 Future forecast
Crude oil futures: On April 28th, international crude oil futures closed lower. The settlement price of the main contract for WTI crude oil futures in the United States was $62.05 per barrel, a decrease of $0.97 or 1.5%. The settlement price of the main Brent crude oil futures contract was $65.86 per barrel, a decrease of $1.01 or 1.5%.
Pure benzene trading: FOB Korea fell $21 to $692/ton, CFR China fell $16 to $715/ton, FOB Rotterdam fell $19 to $650/ton, FOB Gulf rose $6 to 257 cents/gallon.
Overall expectation: In the short term, the market price of pure benzene will continue to fluctuate at a low level, and we will wait and see the news on the cost and demand sides. Continue to monitor the trends of crude oil and external markets, as well as the impact of changes in pure benzene and downstream equipment dynamics and demand on the price of pure benzene.

According to the Commodity Market Analysis System of Shengyi Society, the domestic ethanol market experienced narrow fluctuations in April. From April 1st to 28th, the average price of domestic ethanol producers first rose from 5236 yuan/ton and then fell to 5233 yuan/ton, with a price drop of 0.05% during the period and a maximum amplitude of 0.29%. The price fell by 13.14% year-on-year.

In the first half of the month, the price of edible ethanol market fluctuated weakly, and the inventory pressure on the supply side of the alcohol market was not significant. With the continuous strong operation of raw material corn prices, the cost loss was obvious. Poor support on the demand side, with rigid demand transactions being the main focus.
In mid month, the main factories shipped their preliminary orders, but the inventory of the enterprise was not high, resulting in significant cost pressure. The enterprise showed a clear willingness to raise prices, and the downstream demand for replenishment before the holiday supported the overall ethanol price to be relatively stable.
At the end of the month, some factories had maintenance plans, resulting in a decrease in supply. Downstream companies stocked up before the holiday, but as stocking approached its end, market transactions weakened and ethanol prices remained stable due to low inventory pressure on enterprises.
On the cost side, in the first half of the month, corn prices remained firm, and traders’ intention to sell at low prices was slightly average, resulting in low market purchasing and sales activity. In mid month, corn prices continued to fluctuate within the range. Traders’ shipments are relatively evenly distributed, while deep processing enterprises maintain a relatively balanced supply and usage of corn. At the end of the month, after an earlier increase, some companies saw an increase in the number of vehicles arriving, resulting in a narrow decrease in corn prices. However, there were also companies that saw a narrow increase in prices, while mainstream prices remained stable. Grassroots purchasing and sales are relatively light, and some traders still sell at high prices.
Supply side, stable operation of supply side. There are unlikely to be major favorable factors in the supply of ethanol.
On the demand side, downstream chemical rigid demand procurement has seen a slight weakening in transactions, with some regions experiencing a decrease in delivery prices and rigid demand transactions. The short-term demand for ethanol has a moderate impact.
Future forecast: Limited supply, partial orders shipped, downstream stocking nearing completion. Business Society’s ethanol analyst predicts that the domestic ethanol market will consolidate and operate in the short term.

1、 Price trend

According to data monitored by Shengyi Society, as of April 27th, the average price of industrial grade high-quality cyclohexane in China was 7600 yuan/ton. Currently, the cyclohexane market is operating steadily, with transaction prices remaining around 7500 yuan/ton. The market supply of cyclohexane is sufficient, and the overall market supply and demand are balanced. The focus of negotiations is narrow and weak.
2、 Market analysis
Downstream: The downstream cargo flow is generally stable, with limited demand for caprolactam and loose supply. Currently, the overall operating rate is relatively stable. Overall, the caprolactam market is expected to operate steadily in the short term with limited demand.
3、 Future forecast
The cyclohexane analyst from Shengyi Society believes that the upstream support for cyclohexane is insufficient, the upward momentum is weak, and the downstream purchasing atmosphere is average.

This week, the market price of epichlorohydrin has been continuously declining, reaching its lowest point this year. According to the monitoring and analysis system of Shengyi Society, as of April 25th, the benchmark price of Shengyi Society’s epoxy propane was 7150 yuan/ton, a decrease of -10.49% compared to early April.

Price influencing factors:
Supply side: Due to the continuous decline in epoxy propane prices, many epoxy propane production enterprises are in a state of sustained losses, and some enterprises have reduced their losses and stopped production. Overall, the supply side has weak support for the epoxy propane market.
Raw material side: The market price of raw material propylene has shown a downward trend, which provides weak support for the cost of epoxy propane. According to the market analysis system of Shengyi Society, as of April 25th, the benchmark price of propylene in Shengyi Society was 6710.75 yuan/ton, a decrease of -0.52% compared to the beginning of this month (6745.75 yuan/ton).
On the demand side, the downstream polyether market’s capacity utilization rate has decreased, inventory has accumulated, and most enterprises have experienced a negative load reduction phenomenon. Pre May Day, stocking up on demand is the main focus, and the trading atmosphere is cold. The downstream terminal market is affected by tariff policies, resulting in a significant decrease in export orders and limited procurement of raw materials. Overall, the demand is facing insufficient support from the epoxy propane market, and it is expected that the price of epoxy propane will continue to decline in the later stage.
Market forecast:
An epoxy propane analyst from Shengyi Society believes that the downstream demand side of epoxy propane is weak, and pre holiday stocking is mainly based on demand. The market trading atmosphere is cold, and the demand support is insufficient. It is expected that the epoxy propane market will continue to bottom out in the later stage, and more attention should be paid to changes in raw material prices and downstream supply and demand.

This week, the price of isooctanol has stopped falling and rebounded

According to the Commodity Market Analysis System of Shengyi Society, as of April 21st, the price of isooctanol was 7533.33 yuan/ton, a fluctuating increase of 1.57% compared to the price of 7416.67 yuan/ton on April 17th; Compared to the price of 7850 yuan/ton on April 4th, the price of isooctanol has decreased by 4.03%. Isooctanol enterprises are operating steadily at a low level, and the supply from isooctanol manufacturers is temporarily stable; Plasticizer manufacturers are operating steadily at a low level, while demand for isooctanol is weak. Downstream plasticizer prices have stopped falling and risen, and the downward pressure on isooctanol has weakened while the upward support has increased.
Downstream plasticizer DOP prices have stopped falling and risen this week
According to the Commodity Market Analysis System of Shengyi Society, as of April 21st, the DOP price was 8159.16 yuan/ton, which fluctuated and stabilized compared to the DOP price of 8159.16 yuan/ton on April 14th; Compared to April 17th, the DOP price of 8142.50 yuan/ton fluctuated and rose by 0.20%. The production of plasticizer DOP enterprises is stabilizing at a low level, and the output of plasticizer DOP is stable. However, the demand for isooctanol remains weak, and the support for isooctanol demand is weakening. The downward pressure on isooctanol still exists.
Future expectations
According to the data analyst of Shengyi Society’s octanol products, plasticizer companies are stabilizing at low levels of production, while downstream demand for isooctanol remains weak. Isooctanol manufacturers are stabilizing at low levels of production, and there is sufficient supply of isooctanol. The supply and demand of isooctanol are weak, and it is expected that the price of isooctanol will fluctuate and consolidate in the future market.

1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, the price of bromine has fallen this week. The average market price at the beginning of the week was 37500 yuan/ton, and the average market price over the weekend was 35800 yuan/ton, a decrease of 1.53% and an increase of 92.47% compared to the same period last year. On April 17th, the Business Society Bromine Index was 125.61, a decrease of 3.16 points from yesterday, a decrease of 48.77% from the highest point of 245.18 points during the cycle (2021-10-27), and an increase of 113.19% from the lowest point of 58.92 points on October 29, 2014. (Note: The cycle refers to the period from September 1, 2011 to present)
2、 Market analysis
This week, the price of bromine is weak, with a reference price of 35000-36000 yuan/ton for spot bromine production in Shandong region. With the early rise in bromine prices and downstream resistance, there is a trend of on-demand procurement, and it is expected that bromine prices will be weak in the later period. In terms of raw materials, domestic sulfur prices have been running weakly, with an average market price of 2437.67 yuan/ton at the beginning of the week and 2341 yuan/ton at the end of the week, a decrease of 3.97% and an increase of 88.28% compared to the same period last year. Downstream demand is generally average.
Prediction: Bromine prices are expected to remain weak in the near future, while upstream sulfur prices are expected to be average. Bromine prices have previously increased, but downstream demand has been resistant, and imported bromine supplements are slow. Overall, it is predicted that bromine prices may continue to be weak in the later period, depending on downstream market demand.

According to the Commodity Market Analysis System of Shengyi Society, the toluene market fluctuated and rose from April 7th to April 14th, 2025. On April 7th, the benchmark price of toluene was 6230 yuan/ton, and on April 14th, the benchmark price of toluene was 5840 yuan/ton, a decrease of 6.26%. This week, crude oil prices have fallen sharply, with good sales in Shandong region and generally low inventory in factories. Therefore, the downward adjustment this week is relatively small. Due to the drag of crude oil, prices in the East China region have fallen sharply, and the market sentiment is weak. Overall, due to the overall decline in crude oil and aromatic hydrocarbon markets, the toluene market generally declined during the week.

Cost wise: The international oil price market has experienced a significant decline. As of April 11th, the settlement price of the main contract for WTI crude oil futures in the United States was $61.50 per barrel, and the settlement price of the main contract for Brent crude oil futures was $64.76 per barrel. On the one hand, the US tariff trade war and tariff trade barriers have had a huge impact on the global economy, increasing uncertainty in the future. The market believes that the risk of the United States falling into an economic recession has increased, and this will have a huge negative impact on global economic growth. On the other hand, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced future production increases, which also had a negative impact on crude oil and led to a significant decrease in international oil prices.
Supply side:
Sinopec’s toluene enterprise is operating normally, with stable production of equipment and many products for personal use, resulting in stable production and sales. As of April 14th, East China Company quoted 5700 yuan/ton, North China Company quoted 5850 yuan/ton, South China Company quoted 5800-5900 yuan/ton, and Central China Company quoted 5850 yuan/ton.
Demand side:
On April 14th, the price of xylene in the petrochemical sales company was temporarily stable, and the current execution price is 6800 yuan/ton. This price is implemented in East China, North China, Central China, and South China. Yangzi Petrochemical, Zhenhai Petrochemical and other units are operating stably and selling normally, with a price reduction of 400 yuan/ton compared to April 7th. As of April 11th, the closing prices of the xylene market in Asia were 709-711 US dollars/ton FOB Korea and 734-736 US dollars/ton, a decrease of 69 US dollars/ton from the 4th price.
Market forecast: Affected by the news of US tariffs, the overall commodity market will weaken, crude oil prices will decline widely, the atmosphere in the spot market will be weak, and the bearish sentiment in the aromatics market will be strong in the future. On the demand side, the downstream overall maintains on-demand procurement, but the demand is urgent. Overall, the toluene market is still under pressure, and it is expected that the market will mainly operate weakly in the short term.

1、 Price trend

According to the commodity analysis system of Shengyi Society, the price of caustic soda has decreased this week. The average market price at the beginning of the week was 878 yuan/ton, and the average market price over the weekend was 825 yuan/ton, a decrease of 6.04% in price and a year-on-year increase of 3.64%. On April 10th, the Business Social Chemical Index was 814 points, a decrease of 2 points from yesterday, a decrease of 41.86% from the highest point of 1400 points during the cycle (2021-10-23), and an increase of 36.12% from the lowest point of 598 points on April 8th, 2020. (Note: The cycle refers to the period from December 1, 2011 to present)
2、 Market analysis
According to the commodity analysis system of Shengyi Society, the price of caustic soda has been declining this week. The price of caustic soda in Shandong region is around 795-870 yuan/ton in the mainstream market of 32% ion-exchange membrane alkali. The price of caustic soda in Jiangsu region is stable, with a mainstream market price of 910-1020 yuan/ton in 32% ion-exchange membrane alkali. The price of caustic soda in Inner Mongolia region is temporarily stable, with a mainstream market price of 2900-3000 yuan/ton (converted to 100%) in 32% ion-exchange membrane alkali. The overall price of caustic soda has fallen, and the main caustic soda inventory has accumulated. With the main regional liquid caustic soda procurement prices being lowered again. The main regional liquid alkali market has experienced a decline, and non aluminum demand is high, so it is necessary to wait and see. The market demand is average.
Analysts from Shengyi Society believe that in recent times, the price of caustic soda has been declining, leading to significant inventory pressure on enterprises. There is no obvious destocking of enterprises, and the flow of liquid alkali in the Shandong market is poor. The main alumina enterprises are experiencing inventory pressure, and downstream demand is average. The comprehensive prediction of supply and demand game is that caustic soda will maintain a weak operating trend in the later stage, depending on downstream market demand.

1、 Price trend

According to the monitoring of the commodity market analysis system of Shengyi Society, the market price of isopropanol has increased this week. At the beginning of the week, the average price of isopropanol in China was 6650 yuan/ton, and on Thursday it was 6690 yuan/ton, with a price increase of 0.6%.
The market price of isopropanol has slightly increased this week. The rise in raw material acetone prices has boosted confidence in the isopropanol market within the market. The ex factory prices of enterprises have been raised, and holders of goods have followed suit, with downstream demand for replenishment. The disappearance of low-priced goods in the market has led to an increase in the focus of actual order negotiations. As of now, most of the isopropanol market prices in Shandong are around 6650-6700 yuan/ton; The majority of prices in the isopropanol market in Jiangsu region are around 6700-6750 yuan/ton.
In terms of raw material acetone, the domestic acetone market price has risen this week. At the beginning of the week, the average price of acetone in China was 6152.5 yuan/ton, and on Thursday it was 6265 yuan/ton, with a price increase of 1.83%. The rise in acetone raw materials boosted market confidence, boosted the mentality of holders, and led to an increase in on-site quotations.
In terms of propylene, the domestic propylene market is on the rise. At the beginning of the week, the market was at 6745.75 yuan/ton, and the average price on Thursday was 6823.25 yuan/ton, with a price increase of 1.15%. At present, international oil prices are rising, and some downstream facilities are expected to restart, which is positive for market sentiment. Sellers’ offers are pushing up prices.
3、 Future forecast
The isopropanol analyst from Business Society Chemical Branch believes that the prices of acetone and propylene dual raw materials have risen one after another, with strong cost support and good market confidence. It is expected that the isopropanol market will strengthen and consolidate in the short term, and more attention will be paid to changes in the raw material market.

1、 Price trend

According to monitoring data from Shengyi Society, the price of baking soda has been running weakly this month. The average market price at the beginning of the month was 1543.2 yuan/ton, and the average market price at the end of the month was around 1506 yuan/ton, a decrease of 2.41% and a year-on-year decrease of 36.08%. On March 30th, the Business Society Baking Soda Index was 100.75, unchanged from yesterday, a decrease of 57.28% from the highest point of 235.84 points during the cycle (November 10, 2021), and an increase of 14.14% from the lowest point of 88.27 points on December 22, 2020. (Note: Cycle refers to September 1, 2020 to present)
2、 Market analysis
According to the commodity analysis system of Shengyi Society, the price of baking soda is running weakly, and the company’s shipments are still acceptable. The price of baking soda in Henan region is operating steadily, with a factory price of 1400-1550 yuan/ton in Henan region and 1500-1700 yuan/ton in Shandong region. Due to downstream demand based procurement, it is expected that consolidation and operation will be the main focus in the later stage. Raw materials: According to monitoring data from Business Society, the overall price of soda ash fell in March. At the beginning of the month, the average market price of light soda ash was 1498 yuan/ton, and at the end of the month, the average market price was around 1470 yuan/ton, a decrease of 1.87% compared to the same period last year, which was 24.23%.
Business analysts believe that the price of baking soda has been weak in recent times, with the overall weak performance of upstream raw material soda ash in March. Downstream industries such as pharmaceuticals, textiles, and food have been purchasing on demand recently, with average demand enthusiasm and a supply-demand game. Overall, it is expected that baking soda prices will mainly fluctuate in the later period, depending on downstream market demand.