According to the price data from Shengyi Society, the price of polyester bottle flakes (PET) first stabilized and then increased this week, rising from 5985 yuan/ton at the beginning of the week to 6035 yuan/ton, with a weekly increase of 0.84%.
On the 18th, crude oil and polyester raw materials rose, driving a slight increase in the price of polyester bottle chips. The cost support for PET was strengthened, and coupled with the tight circulation of local spot goods, the PET market price rose accordingly.
In July, major polyester bottle chip manufacturers implemented production cuts, with multiple companies planning to reduce production by approximately 2.56 million tons. The expectation of reduced production on the supply side has tightened market liquidity, which has a certain supporting effect on prices and is one of the factors driving price increases in the later stage. Although July to September is the peak season for soft drink consumption, downstream beverage factories usually stock up in advance. However, from the actual situation, the demand side performance is relatively flat and has not formed strong support for prices. On the 18th, although the market rose due to rising costs, insufficient demand limited the increase. Downstream wait-and-see is the main trend, and traders and end-users have a low willingness to replenish. Transactions are mainly based on small orders for essential needs, and the acceptance of high priced goods is limited.
Overall, Shengyi Society believes that the narrow adjustment of PET market prices in the short term is mainly influenced by raw material prices. The actual trend still needs to pay attention to changes in external news, device changes, and demand recovery in the future.

According to the Commodity Market Analysis System of Shengyi Society, the price of lithium carbonate has shown a continuous upward trend recently. As of July 15th, the benchmark price of domestic battery grade lithium carbonate was 63733 yuan/ton, an increase of 1.81% within 7 days and a month on month increase of 5%; The benchmark price of domestic industrial grade lithium carbonate trading company is 62566 yuan/ton, up 2.68% within 7 days and up 6.05% month on month.
‘Anti involution’ alleviates supply side pressure
The sixth meeting of the Central Financial and Economic Commission proposed the “anti involution” policy to promote the withdrawal of outdated production capacity, and industries such as photovoltaics, steel, and cement have started to reduce production. The lithium battery industry is following policy guidance to accelerate the clearance of production capacity. It is reported that lithium carbonate and lithium hydroxide with a single production capacity of less than 3000 tons/year (excluding the recycling of waste lithium batteries) belong to the category of elimination and should be eliminated within the prescribed time limit.
Market news states that a lithium salt factory in Jiangxi plans to shut down for maintenance for two months (resulting in a decrease of approximately 1000 tons in monthly production).
From the perspective of foreign markets, the Kathleen Valley of Liontown Resources in Australia began to shut down for maintenance in July, affecting at least the monthly concentrate production capacity of 30000 to 35000 tons. The resumption time of maintenance is unknown. In addition, Chile’s exports of lithium carbonate to China in June decreased by 41% year-on-year to 10200 tons, easing the marginal pressure on the supply side.
Energy storage demand remains strong, exceeding off-season expectations
The EU has increased its energy storage subsidy budget and the Australian household storage market has exploded. Driven by both subsidies and market mechanisms, the demand for energy storage batteries is strong, and export demand is driving the production of positive electrode materials.
Domestically speaking, the layout of the independent energy storage market is accelerating, and the National Development and Reform Commission requires nationwide coverage and continuous settlement operation by the end of 2025. Multiple regions are exploring capacity compensation mechanisms to improve the economic efficiency of energy storage projects.
According to data analysts from Shengyi Society, lithium carbonate is expected to rebound in the short term driven by market sentiment. In the long term, the total new production capacity of South American salt lakes (such as Atacama Salt Lake) and African lithium mines (such as Ganfeng Lithium’s Goulamana project) in 2025 is considerable, far exceeding the demand increment. The situation of oversupply is difficult to fundamentally reverse, and the price rebound may be difficult to sustain. Specific market changes still need to be monitored.

This week, the price of plasticizer DOP fluctuated and fell
According to the Commodity Market Analysis System of Shengyi Society, as of July 14th, the DOP price was 8084.17 yuan/ton, a fluctuating decrease of 2.12% compared to the DOP price of 8259.17 yuan/ton on July 7th. This week, DOP production has decreased, and the operating rate of the plasticizer DOP industry has dropped to around 40%. Plasticizer production has also decreased, and plasticizer prices have fluctuated and fallen. The price of raw material isooctanol fluctuated and fell, while the price of phthalic anhydride remained weak and consolidated. The cost support for plasticizers weakened, and the supply decreased, resulting in a decrease in costs. As a result, the price of plasticizers fluctuated and fell.
This week, the price of raw material isooctanol fluctuated and fell
According to the Commodity Market Analysis System of Shengyi Society, as of July 14th, the price of isooctanol was 7550 yuan/ton, a fluctuating decrease of 2.37% compared to the price of 7733.33 yuan/ton on July 7th. This week, the price of isooctanol fluctuated and fell. The isooctanol enterprise equipment resumed this week, the operating rate of isooctanol equipment increased, the production of isooctanol increased, and the supply of isooctanol increased; As supply increases and demand decreases, the price of isooctanol fluctuates and falls.
This week, the price of raw material phthalic anhydride is weak and stabilizing
According to the Commodity Market Analysis System of Shengyi Society, as of July 14th, the price of phthalic anhydride in neighboring countries was 6800 yuan/ton, which fluctuated and fell by 0.24% compared to the price of 6816.67 yuan/ton on July 7th. This week, the price of ortho benzene has stabilized, the price of industrial naphthalene has fluctuated and stabilized, and the cost support of phthalic anhydride still exists. The maintenance of phthalic anhydride equipment has increased this week, the operating rate of phthalic anhydride enterprises has decreased, the supply of phthalic anhydride has decreased, and the downstream plasticizer market has fluctuated and fallen. The operating load of plasticizer enterprise equipment has decreased, and the demand support for phthalic anhydride has weakened. Supply has decreased and demand has weakened, resulting in weak consolidation of phthalic anhydride prices this week.
Future expectations
According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol has fluctuated and fallen, the price of phthalic anhydride has weakened and stabilized, and the cost support of plasticizer DOP has weakened; On the supply side, plasticizer enterprises have seen a decrease in production, a reduction in plasticizer output, and a decrease in plasticizer supply. Overall, the reduction in supply leads to a decrease in costs, and it is expected that the price of plasticizer DOP will fluctuate and fall in the future.

The domestic fluorite price trend has slightly declined this week. As of the weekend, the average domestic fluorite price was 3137.5 yuan/ton, a decrease of 0.40% from the beginning of the week price of 3150 yuan/ton and a year-on-year decrease of 16.14%.
Supply side: The mine is operating normally, and the supply of fluorite is normal
The current situation of the game in the domestic fluorite industry still exists. Overall, the operating rate of enterprises has increased. Upstream mining is tense, and backward mines will continue to be eliminated. In terms of new mines, mineral investigation work is still difficult. In addition, national departments need to rectify fluorite mines, and fluorite mining enterprises are facing increasingly strict safety and environmental protection requirements. The difficulty of operating fluorite mines has increased, and the shortage of raw materials has limited the operation of fluorite enterprises. However, with the rise of temperature, northern enterprises are operating normally, and the supply of fluorite enterprises in the field has increased. The lack of active procurement has led to sufficient spot goods in the field. Some fluorite manufacturers have a strong sentiment of destocking, resulting in a continued decline in the fluori.
Demand side: Low price of hydrofluoric acid, acceptable refrigerant market
This week, the domestic price of hydrofluoric acid remained low, and the mainstream price for hydrofluoric acid in various regions of China is negotiated at 10000-10500 yuan/ton. Some downstream hydrofluoric acid units are still shut down, and there is little change in the spot supply of hydrofluoric acid. Manufacturers mainly purchase hydrofluoric acid on demand, and the overall production of hydrofluoric acid remains at more than 50%. Fluorine enterprises maintain essential orders, and hydrofluoric acid enterprises are in a loss making state. They are not actively purchasing raw fluorite, and downstream merchants have a strong wait-and-see attitude. Both buyers and sellers have weak expectations for the future due to poor demand digestion. Recently, some hydrofluoric acid manufacturers have seen prices decline, which has affected the fluorite price market.
The downstream refrigerant market in the terminal industry is still promising, and the terminal policy of the refrigerant industry is being strengthened. Demand is expected to achieve substantial improvement. Fluorine chemical enterprises within quota control have strong confidence in raising prices in the refrigerant market. Currently, the pace of high price procurement is relatively slow, but the industry inventory is transmitting in a positive and orderly manner. Due to high prices, the enthusiasm for stocking up in the terminal industry is low, and upstream products are mainly purchased on demand. The trend of refrigerant market is average, while the fluorite market is sluggish.
In addition to the traditional demand in the refrigerant industry, fluorite, as an important mineral raw material for modern industry, is constantly developing in emerging fields. It is also applied in strategic emerging industries such as new energy and new materials, as well as in national defense, nuclear industry and other fields, including lithium hexafluorophosphate, PVDF、 Graphite negative electrodes, photovoltaic panels, etc., have received certain support in the application of fluorite due to the demand for new energy and semiconductors.
Market forecast: In the near future, it is difficult to improve the supply of domestic fluorite mines, and some mines have stopped production and undergone safety inspections. The tight supply of fluorite mines is a positive support for the fluorite market. However, in some areas, the lack of active fluorite procurement has led to an increase in inventory. In addition, downstream resistance to high prices is severe, and hydrofluoric acid enterprises mainly purchase on demand, with no actual increase in demand. In addition, the market price of hydrofluoric acid is low. Overall, the fluorite market price is prone to decline but difficult to rise in the short term.

According to the Commodity Market Analysis System of Shengyi Society, the price of acetic acid continued to decline in early July. As of the 9th, the average market price of acetic acid was 2430 yuan/ton, a decrease of 2.41% from the beginning of the month price of 2490 yuan/ton. The domestic acetic acid market has fallen, mainly due to the increase in supply of acetic acid and insufficient demand follow-up, resulting in the accumulation of enterprise inventory, bearish market sentiment, and a downward shift in acetic acid prices. However, downstream stocking intentions are not high, and market transactions remain flat. Under the supply-demand game, the price center of acetic acid continues to decline.
The upstream methanol market continued to decline in early July. As of the 7th, the average price in the domestic market was 2390 yuan/ton, a decrease of 5.53% from the beginning of the month price of 2530 yuan/ton. The downstream market for methanol is weak, with average demand performance. In terms of external markets, the delivery of methanol in mainstream ports has ended, weakening support for the spot market. There is a lack of favorable conditions in the market, leading to a weak downward trend in the methanol market.
Market forecast: The acetic acid analyst from Shengyi Society believes that the domestic acetic acid production capacity utilization rate will remain high, and there will be significant inventory pressure on enterprises. Downstream companies will mainly adopt a wait-and-see approach, and the trading atmosphere in the market is average. The market situation is that supply exceeds demand, and it is expected that the acetic acid market will operate weakly in the short term. In the future, attention will be paid to downstream follow-up.

The price of plasticizer DOP stopped falling and rose in July
According to the Commodity Market Analysis System of Shengyi Society, as of July 7th, the DOP price was 8259.17 yuan/ton, which first fell and then rose compared to the DOP price of 8259.17 yuan/ton on July 1st, and the overall price has stabilized; Compared to the DOP price of 8184.16 yuan/ton on July 2nd, it has increased by 0.92%. In July, DOP production decreased, and the operating rate of the plasticizer industry dropped to around 50%. DOP prices fluctuated and consolidated, plasticizer production decreased, raw material isooctanol prices fluctuated and rose, phthalic anhydride prices stopped falling and stabilized, plasticizer cost support increased, supply decreased combined with cost increases, and plasticizer prices fluctuated and rose.
The price of raw material isooctanol fluctuated and rose in July
According to the Commodity Market Analysis System of Shengyi Society, as of July 7th, the price of isooctanol was 7733.33 yuan/ton, a fluctuating increase of 2.43% compared to the price of 7550 yuan/ton on July 1st. In July, the price of isooctanol fluctuated and rose, with many isooctanol enterprises undergoing maintenance, resulting in a decrease in the operating rate of isooctanol equipment, a reduction in isooctanol production, and a decrease in isooctanol supply; Downstream plasticizer companies have seen a decrease in production, leading to a decrease in demand for isooctanol and weak supply and demand. As a result, the price of isooctanol has fluctuated and risen.
In July, the price of raw material phthalic anhydride stopped falling and stabilized
According to the Commodity Market Analysis System of Shengyi Society, as of July 7th, the price of phthalic anhydride was 6816.67 yuan/ton, which has stabilized from the price of 6866.67 yuan/ton on July 1st, with a decrease of 0.73%. In July, the price of ortho benzene stabilized, the price of industrial naphthalene fluctuated and stabilized, and the cost support of phthalic anhydride still exists. In July, phthalic anhydride equipment was repaired, and the operating rate of phthalic anhydride enterprises decreased, resulting in a reduction in phthalic anhydride supply. The downstream plasticizer market fluctuated and rose, and the operating load of plasticizer enterprise equipment decreased, weakening the demand support for phthalic anhydride. Stable supply and weak demand led to the stabilization of phthalic anhydride prices in July.
Future expectations
According to the data analyst of Shengyi Society’s plasticizer products, in terms of cost, the price of isooctanol has fluctuated and risen, while the price of phthalic anhydride has stopped falling and stabilized, and the cost support of plasticizer DOP has increased; On the supply side, plasticizer enterprises have seen a decrease in production, a reduction in plasticizer output, and a decrease in plasticizer supply. Overall, with reduced supply and cost support, it is expected that the price of plasticizer DOP will fluctuate and rise in the future.

The domestic fluorite prices have continued to decline this week, with an average price of 3150 yuan/ton as of the weekend, a decrease of 2.89% from the early week price of 3243.75 yuan/ton and a year-on-year decrease of 16.08%.
Supply side: The mine is operating normally, and the supply of fluorite is normal
The current situation of the game in the domestic fluorite industry still exists. Overall, the operating rate of enterprises has increased. Upstream mining is tense, and backward mines will continue to be eliminated. In terms of new mines, mineral investigation work is still difficult. In addition, national departments need to rectify fluorite mines, and fluorite mining enterprises are facing increasingly strict safety and environmental protection requirements. The difficulty of operating fluorite mines has increased, and the shortage of raw materials has limited the operation of fluorite enterprises. However, with the rise of temperature, northern enterprises are operating normally, and the supply of fluorite enterprises in the field has increased. The lack of active procurement has led to sufficient spot goods in the field. Some fluorite manufacturers have a strong sentiment of destocking, resulting in a continuous decline in the fluori.
Demand side: Low price of hydrofluoric acid, acceptable refrigerant market
This week, the domestic price of hydrofluoric acid remained low, and the mainstream price for hydrofluoric acid in various regions of China was negotiated at 10500-11000 yuan/ton. Some downstream hydrofluoric acid units are still shut down, and there is little change in the spot supply of hydrofluoric acid. Manufacturers mainly purchase hydrofluoric acid on demand, and the overall production of hydrofluoric acid remains at more than 50%. Fluorine enterprises maintain essential orders, and hydrofluoric acid enterprises are in a loss making state. They are not active in purchasing raw fluorite, and downstream merchants have a strong wait-and-see attitude. Both buyers and sellers have weak expectations for the future due to poor demand digestion. Recently, some hydrofluoric acid manufacturers have seen prices decline, and the fluorite price market continues to decline due to this news.
The downstream refrigerant market in the terminal industry is still promising, and the terminal policy of the refrigerant industry is being strengthened. Demand is expected to achieve substantial improvement. Fluorine chemical enterprises within quota control have strong confidence in raising prices in the refrigerant market. Currently, the pace of high price procurement is relatively slow, but the industry inventory is transmitting in a positive and orderly manner. Due to high prices, the enthusiasm for stocking up in the terminal industry is low, and upstream products are mainly purchased on demand. The trend of refrigerant market is average, while the fluorite market is sluggish.
In addition to the traditional demand in the refrigerant industry, fluorite, as an important mineral raw material for modern industry, is constantly developing in emerging fields. It is also applied in strategic emerging industries such as new energy and new materials, as well as in national defense, nuclear industry and other fields, including lithium hexafluorophosphate, PVDF、 Graphite negative electrodes, photovoltaic panels, etc., have received certain support in the application of fluorite due to the demand for new energy and semiconductors.
Market forecast: In the near future, it is difficult to improve the supply of domestic fluorite mines, and some mines have stopped production and undergone safety inspections. The tight supply of fluorite mines is a positive support for the fluorite market. However, in some areas, the lack of active fluorite procurement has led to an increase in inventory. In addition, downstream resistance to high prices is severe, and hydrofluoric acid enterprises mainly purchase on demand, with no actual increase in demand. In addition, the market price of hydrofluoric acid is low. Overall, the fluorite market price is prone to decline but difficult to rise in the short term.

Price: The average price in East China is 7200 yuan/ton, with peak and valley values of 8000 yuan/ton in May and 6800 yuan/ton in June (price difference of 1200 yuan/ton).
Key factors:
1. Supply led price fluctuations: At the beginning of the year, Guangxi Huayi Parking and Yangtze BASF’s load reduction caused regional supply shortages and cross regional cargo transfers, leading to price surges. After the device was restored in June, coupled with slow recovery of terminal demand, prices fell back.
2. Price difference drives profit changes: During the period of tight supply, the price of acrylic acid skyrocketed due to maintenance/parking, far exceeding the increase in raw material propylene, resulting in a significant expansion of gross profit. In June, the demand for supply recovery was weak, prices fell, and cost support was weak, resulting in a narrowing of gross profit.
Future prospects:
In the second half of 2025, China’s acrylic acid industry will see a concentrated release of 740000 tons of planned production capacity, with new production capacity mainly concentrated in North and South China. Accompanying the implementation of production capacity is the significant deepening of integrated supporting facilities, which will promote the balance of internal production capacity allocation in various regions. The regional equilibrium distribution of production capacity or the promotion of market competition upgrading within the region is expected to continue to increase the intensity of the game between enterprises.
As micro competition intensifies, the overall pattern of the industry is evolving towards higher concentration. The integration of production capacity and the coordinated support of upstream and downstream are becoming the core engines of industry development – enhancing industrial concentration and improving the industrial chain, forming the dual main theme of the future evolution of the acrylic acid market.
In the second half of the year, the market still faces a severe test of dual expansion of supply and demand, and profit volatility will become the focus. The price operation logic is clear, anchoring two major dimensions:
Cost side pressure: Weak international crude oil expectations are transmitted to the raw material propylene, weakening its cost support for acrylic acid;
Loose supply and demand: The continuous expansion of acrylic acid and downstream industries has highlighted the pressure of oversupply, and the structural contradiction of “strong supply and weak demand” has further solidified in the expansion cycle.
Export will become a key variable: It is expected that the export of acrylic acid will continue to grow in the second half of 2025. By diverting the export volume of enterprises and regulating social demand, it will provide positive support for prices. At the same time, the increase in domestic production capacity will squeeze the import space, and it is expected that the import volume will show a narrow contraction compared to the first half of the year.
Taking into account multiple factors such as weak cost support, loose supply, export hedging, and import contraction, the average annual price of acrylic acid market in the second half of 2025 may slightly decline compared to the first half. Under the resonance of capacity release and cost pressure, the overall profit margin of the industry is facing further compression.

According to the Commodity Market Analysis System of Shengyi Society, the toluene market will first rise and then fall in June 2025, with an overall increase. From June 1st to 30th, the domestic toluene market price rose from 5470 yuan/ton to 6070 yuan/ton, with a price increase of 10.97% during the period.
Early October: The toluene market fluctuated and rose in this cycle, and the supply in Shandong region was tight this week. Some enterprises stopped work for maintenance, and the market supply was significantly tight. The downstream oil blending industry has a decent enthusiasm for entering the market, but overall demand tends to be rigid. The East and South China regions have been affected by port conditions this week, resulting in tight supply. Supported by favorable supply side conditions, the overall market price has risen.
Mid month: The toluene market fluctuated and rose, and the supply in Shandong region remained tight this week. Some enterprises pre sold, and the market supply was significantly tight. The ex factory prices of local refining enterprises were generally raised. The downstream oil blending industry has a decent level of enthusiasm for entering the market, with active inquiries. The port inventory in East and South China has significantly decreased this week, and the supply is also tight. Supported by favorable supply side conditions, the overall market price has risen.
Late period: The toluene market first rose and then fell, and the international crude oil trend fluctuated, causing the toluene market to follow suit. As the end of the month approached, geopolitical conflicts eased, and due to the weakening of crude oil, toluene prices declined, resulting in an overall bearish supply-demand performance.
On the cost side, the crude oil market prices surged and plummeted in June. As of the 26th, the settlement price of the August WTI crude oil futures contract in the United States was $65.24 per barrel, and the settlement price of the August Brent crude oil futures contract was $67.73 per barrel. The crude oil market has experienced significant fluctuations this cycle, mainly due to the impact of the geopolitical situation in the Middle East. As the situation escalated and cooled down, crude oil prices have correspondingly risen and fallen sharply, with high volatility.
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 June 30th, East China Company quoted 5700 yuan/ton, North China Company quoted 6100 yuan/ton, South China Company quoted 6250-6200 yuan/ton, and Central China Company quoted 6100-6200 yuan/ton.
Demand side:
According to the Commodity Market Analysis System of Shengyi Society, as of June 30, 2025, the price of xylene sold by Sinopec Sales Company has remained stable, with a current price of 7300 yuan/ton. This price is being implemented in East China, North China, Central China, and South China. The operation of facilities such as Yangzi Petrochemical and Zhenhai Petrochemical is stable and sales are normal, with a price reduction of 450 yuan/ton compared to May 29. As of June 27th, the closing prices of the xylene market in Asia were $841-843/ton FOB Korea and $866-868/ton CFR China, an increase of $5/ton from May 27th.
Market forecast: The crude oil market has shown significant fluctuations in the near future, while the xylene market has been greatly affected. From the perspective of supply and demand, the supply of xylene in the market is still tight, and downstream demand is generally rigid. Overall, the favorable factors on the supply and demand side are insufficient. Due to the fluctuation of crude oil, the xylene market is expected to continue to fluctuate in the near future, and we will focus on the trend of crude oil in the future.

1、 Price trend
According to the monitoring of the commodity market analysis system of Shengyi Society, the overall market price of isopropanol fell in June. On June 1st, the average price of isopropanol in China was 6525 yuan/ton, and on June 27th, the average price was 6133.33 yuan/ton, a decrease of 6% compared to the beginning of the month.
Overall, the isopropanol market prices fell in June. In the first half of the year, the price of raw material acetone fell, the market situation was light, and demand was weak, resulting in a decrease in the market price of isopropanol. The isopropanol market rose in mid month, with good shipments from major factories in Shandong and a slight increase in prices. The market stopped falling and rebounded, slightly boosting the mentality of industry players. In the latter half of the year, production companies had no inventory pressure, traders had average shipments, but their willingness to offer discounts was limited, downstream purchasing enthusiasm was not high, and market prices slightly decreased. As of now, most of the isopropanol market prices in Shandong are around 6000-6100 yuan/ton; The majority of prices in the isopropanol market in Jiangsu region are around 6200-6300 yuan/ton. Overall, the confidence in the isopropanol market is average, with market fluctuations being the main factor.
In terms of raw material acetone, the domestic acetone market fluctuated and fell in June. On June 1st, the average price of acetone was 5450 yuan/ton, and on June 27th, the average price was 5200 yuan/ton, a decrease of 4.59%. At present, facing the further decline of petrochemical industry chain products and downstream demand, the sentiment of entering the market for replenishment has decreased, and the actual transaction volume is limited.
In terms of propylene, the domestic propylene market price first rose and then fell in June. On June 1st, the market average was 6538.25 yuan/ton, and on June 27th, the average price was 6775.75 yuan/ton, with a price increase of 3.63%. At present, there is a lack of positive news in the market, and enterprise inventory has increased. Downstream market is expected to be weak and consolidate in the short term.
3、 Future forecast
The isopropanol analyst from Business Society Chemical Branch believes that the overall isopropanol market price fell in June. At present, the enthusiasm for downstream procurement is average, and there is a strong wait-and-see attitude in the market, with limited actual transactions. It is expected that isopropanol will fluctuate in the short term, and more attention should be paid to the trend of the raw material market.