Demand rebounds, isooctanol prices stop falling and rebound

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

Benzalkonium chloride

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.

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Bromine prices have fallen this week (4.14-4.18)

1、 Price trend

Melamine

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.

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Crude oil prices decline widely, toluene market declines

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.

Sodium Molybdate

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.

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The price of caustic soda has decreased this week (4.7-4.11)

1、 Price trend

Benzalkonium chloride

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.

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This week, the market price of isopropanol has increased (3.31-4.3)

1、 Price trend

Sodium Molybdate

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.

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Baking soda overall weak in March

1、 Price trend

povidone Iodine

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.

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This week, the market for ethyl acetate is weak

According to the Commodity Market Analysis System of Shengyi Society, as of the 28th, the price of ethyl acetate was 5593.33 yuan/ton, a decrease of 0.47% compared to the price of 5620.00 yuan/ton on March 22nd, and a decrease of 0.36% compared to the beginning of the month. The utilization rate of production capacity on the supply side has declined, the raw material market is weak, downstream follow-up is average, and there is insufficient positive news on the market. The market for ethyl acetate has stabilized and declined.
This week, the operating rate of domestic ethyl acetate plants has declined, and there is not much pressure on market supply. The price of acetic acid on the raw material side is weak, and the cost support is insufficient. In terms of demand, downstream demand for ethyl acetate mainly follows up on demand. The market trading atmosphere is weak, and actual transactions on the market are limited. The focus of ethyl acetate negotiations has been slightly lowered.
Looking at the future market, the ethyl acetate plant is expected to operate stably with little fluctuation. Enterprises have a positive attitude towards shipment, while the upstream market is weak and downstream entry is mainly based on demand. The overall market support is insufficient, and it is expected that the price of ethyl acetate will remain stable and weak in the short term. Specific attention should be paid to changes in supplier facilities and downstream follow-up.

Sodium selenite

The price of activated carbon fell in March

According to the monitoring of the commodity market analysis system of Shengyi Society, the price of activated carbon at the beginning of the month was 11956 yuan/ton, and at the end of the month, the price of activated carbon was 11733/ton, a decrease of 1.87% in price.

Sodium Molybdate

This week, some domestic manufacturers’ quotations for activated carbon have fallen, but most have remained stable. Henan Province, as the main production area, has relatively small price fluctuations. The ex factory price of activated carbon for coconut shell water purification is between 9500-12500 yuan/ton, and the supply of activated carbon is sufficient. The market is mainly based on inquiries, with a focus on market transactions.
The transaction volume of coconut shell charcoal in gold extraction, water purification, filter and other applications is light, with more inquiries from African gold charcoal; The shipment of fruit shell charcoal is smooth. There is a recent rebound trend in imported carbide materials, so pay more attention to the transaction situation.
Prediction: The transaction volume in the activated carbon market is weak, and it is expected that the price of activated carbon will mainly fluctuate and weaken in the short term.

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Supply increases, isooctanol prices fluctuate and rise this week

This week, the price of isooctanol fluctuated and rose

 

According to the Commodity Market Analysis System of Shengyi Society, as of March 25th, the price of isooctanol was 7516.67 yuan/ton, an increase of 0.67% compared to the price of 7466.67 yuan/ton on March 14th. There is a significant increase in production capacity of isooctanol, with high equipment start-up rates in isooctanol enterprises and sufficient supply from isooctanol manufacturers; Plasticizer manufacturers are operating at high levels, and demand for isooctanol is increasing. The downward pressure on isooctanol is weakening, and upward support still exists.

 

Downstream plasticizer DOP prices fluctuate and rise this week

 

According to the Commodity Market Analysis System of Shengyi Society, as of March 25th, the DOP price was 8126.25 yuan/ton, which first increased and then decreased by 0.15% compared to the DOP price of 8113.75 yuan/ton on March 14th. The production of DOP plasticizers has increased, and the output of plasticizers has recovered. The demand for isooctanol is supporting, and the upward support for isooctanol still exists.

 

Future expectations

 

The data analyst of Business Society’s octanol product believes that downstream demand is stable, and the supply of isooctanol is increasing, causing the price of isooctanol to rise first and then fall. In the future, the operating load of plasticizer DOP enterprises will be high, the production of plasticizers will increase, the demand for isooctanol will rise, the operating load of isooctanol enterprises will increase, and the supply of isooctanol will increase. It is expected that the price of isooctanol will fluctuate and stabilize in the future.

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Stable sales, the downward trend of aggregated MDI is slowing down

According to the Commodity Market Analysis System of Shengyi Society, the aggregated MDI market has been fluctuating at a low level recently, and the downward trend has slowed down. The mainstream quotation for Shanghai goods (44V20, M20S, 5005) is 16500-16600 yuan/ton, and the mainstream quotation for domestic goods (PM200) is 17000-17200 yuan/ton. The Fujian plant is operating at reduced load, and in addition, there are plant maintenance and supply reduction in Japan. The downstream demand is mainly due to urgent needs, and the purchase of gas needs to be restored. It is expected that the aggregated MDI market will operate weakly in the short term.

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