1、 Price trend
According to the monitoring of the commodity market analysis system of Shengyi Society, the PVC spot market fluctuated within a range this week (4.14-18), and the price performance was weak. As of Friday, the average price of SG-5 PVC carbide method in China was 4785 yuan/ton, with a price drop of 0.48% during the week.
2、 Market analysis
This week, PVC’s weak consolidation was the main focus, with some manufacturers lowering their prices by around 50 yuan/ton during the week. The main reason is the lack of favorable fundamentals, resulting in weak performance of crude oil prices and a volatile decline in the futures market. PVC prices continue to show a weak trend, with a slight downward shift in the overall range. From the perspective of supply and demand fundamentals, the spot PVC market has shown loose supply and demand, and most manufacturers are operating stably. The supply pressure has not changed much, dealers’ offers are generally weak, downstream demand performance is insufficient, downstream procurement is mainly based on spot prices, inquiry and procurement enthusiasm is not high, and the market atmosphere is sluggish. The hanging order price is relatively low. Overall, it is still mainly driven by basic needs, and the trading atmosphere is average. As of now, the quotation range for PVC SG5 electrical aggregate in China is mostly around 4750-4880 yuan/ton.
In terms of upstream calcium carbide, the performance of the calcium carbide market was sluggish this week, with weak price increases and price stabilization. According to the commodity analysis system of Shengyi Society, the price fluctuation this week was 0. The price is still relatively low, with limited support for PVC.
3、 Future forecast
The PVC analyst from Shengyi Society believes that the sluggish performance of the PVC spot market is mainly due to insufficient downstream operating rates, average demand, and difficulty in improving the supply-demand pattern in the short term. It is expected that PVC prices will continue to maintain a range adjustment pattern next week.

According to the commodity analysis system of Shengyi Society, the hydrogen peroxide market remained weak and stabilized in the first half of April. On April 1st, the average market price of hydrogen peroxide was 690 yuan/ton. On April 17th, the average market price of hydrogen peroxide will be 683 yuan/ton, a decrease of 0.97% in price.
Negative led hydrogen peroxide market remains weak and stable
In the first half of April, the terminal demand in the printing and papermaking industry was sluggish, and some domestic hydrogen peroxide manufacturers shut down for maintenance to alleviate supply pressure. The price of hydrogen peroxide continued to operate weakly, and the average price in the domestic market fell to around 680 yuan/ton. After the price decline, it tended to stabilize. The hydrogen peroxide market continues to decline, with poor market transactions and mainly weak market fluctuations.
Business Society’s hydrogen peroxide analyst believes that in late April, the demand for terminal printing and papermaking industry will still be weak, and the future market for hydrogen peroxide will continue to weaken.

1、 Market price trend
Affected by the supply and demand situation, the price of acrylic acid in the market continued to decline this week. The specific price data may vary by region and different specifications, but the overall trend is downward. As of April 16th, the benchmark price of acrylic acid in Shengyi Society was 7800.00 yuan/ton, a decrease of 0.4% compared to last week (7833.33 yuan/ton).
2、 Supply situation
The load of the acrylic acid production plant has remained stable recently, which means that the supply in the market has not decreased due to production issues. However, this may also lead to the gradual accumulation of finished product inventory in the market.
Although the production equipment load is stable, the finished product inventory in the acrylic acid market is being digested. This may be due to a rebound in downstream demand or corresponding inventory management measures taken by manufacturers. However, the speed of inventory digestion may still be insufficient to prevent a decline in market prices.
The continuous low price of propylene has weakened cost support, and the room for enterprises to lower prices has expanded. As of April 16th, the benchmark price of propylene in Shengyi Society was 6723.25 yuan/ton, a decrease of -0.33% compared to the beginning of this month (6745.75 yuan/ton).
3、 Weak demand side:
Downstream industries are weakening: The demand for end use applications (such as coatings, adhesives, textiles, etc.) is sluggish, especially in industries such as construction and automobiles, which have experienced a decline in business prosperity, leading to a low willingness to purchase.
Export restrictions: Shrinking demand in overseas markets or trade barriers (such as anti-dumping) may suppress exports and exacerbate domestic oversupply.
4、 Future forecast
It is expected that the domestic acrylic acid market will maintain a weak consolidation trend in the short term. This is mainly due to weak downstream demand and relatively stable supply in the market. Therefore, until there are obvious favorable factors, it may be difficult for the price of acrylic acid in the market to rebound significantly. However, it should also be noted that the market is always full of variables, and any policy adjustments, industry dynamics, or macroeconomic changes may have an impact on market prices.
In summary, the acrylic acid market continued its downward trend this week, mainly due to the results of the supply-demand game. In a situation where supply is relatively stable but demand is weak, it is difficult for market prices to rebound significantly. Therefore, cargo holders and downstream users need to closely monitor market dynamics and industry changes in order to develop reasonable procurement and sales strategies.

1、 Price trend
According to the monitoring of the commodity market analysis system of Shengyi Society, the market price of isopropanol first fell and then rose this week, and overall the price has fallen. At the beginning of the week, the average price of isopropanol in China was 6666.67 yuan/ton, and the average price over the weekend was 6558.33 yuan/ton, with a price reduction of 1.63%.
This week, the market price of isopropanol first fell and then rose, indicating an overall decline in prices. The price of raw material acetone first fell and then rose, and the isopropanol market adjusted accordingly. With the rebound of the acetone market and favorable cost conditions, the confidence in the isopropanol market has improved, and the intention to offer discounts has weakened. But downstream customers are cautious in their purchases, and actual transactions are limited. As of now, most of the isopropanol market prices in Shandong are around 6400-6550 yuan/ton; The majority of prices in the isopropanol market in Jiangsu region are around 6600-6700 yuan/ton.
In terms of raw material acetone, the domestic acetone market price first fell and then rose this week. At the beginning of the week, the average price of acetone in China was 6087.5 yuan/ton, and the average price over the weekend was 5950 yuan/ton, with a price reduction of 2.26%. At present, the trading atmosphere of acetone in the market is improving, and the market focus is increasing.
In terms of propylene, the domestic propylene market is on the rise. At the beginning of the week, the market was at 6723.25 yuan/ton, and the average price over the weekend was 6785.75 yuan/ton, with a price increase of 0.93%. At present, manufacturers are mainly pushing up prices, and the market mentality is good.
3、 Future forecast
The isopropanol analyst from Business Society Chemical Branch believes that the rebound in acetone market prices and the rise in propylene prices provide strong cost support and significant support for the trend of isopropanol. 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.

According to the Commodity Market Analysis System of Shengyi Society, the domestic PTA spot market showed a weak trend this week. As of April 11th, the average market price in East China was 4338 yuan/ton, a decrease of 8.14% from the beginning of the week.
The escalation of trade frictions has led to a significant drop in crude oil prices, but with Trump temporarily suspending tariffs on some countries, market panic has eased and crude oil prices have rebounded from oversold levels. As of April 10th, the settlement price of the main contract for WTI crude oil futures in the United States was $60.07 per barrel, and the settlement price of the main contract for Brent crude oil futures was $63.33 per barrel. The market sentiment is cautious, and oil prices may fluctuate significantly in the short term. The domestic load of PX has dropped to around 74%, and multiple units are undergoing load reduction or maintenance. The basic structure of domestic PX supply and demand is still acceptable, but the escalation of US tariff policies may trigger concerns about a global economic slowdown, and the cost side will be affected to some extent.
In terms of self supply, there are still too many follow-up maintenance plans. Some domestic facilities have maintenance plans from April to June, which has reduced the pressure on supply.
Downstream polyester maintains a high load of nearly 90%, but the tariff dispute continues to ferment, making it difficult to find sustained positive support. Under the collapse of costs, transactions have been sluggish, and the enthusiasm for stocking up raw materials is not high. Many of them are purchased and used as needed. Especially in terms of foreign trade orders, inquiries have basically stagnated, and the market is in a wait-and-see state in many places. Actual orders are issued sporadically, and there is no significant short-term positive boost for domestic and foreign trade.
Business analysts believe that there is an expectation of reduced PTA supply and high downstream polyester load. Tariff disturbances still exist, terminal inventory digestion and export resistance intensify, and demand remains weak in the future. It is expected that PTA prices will remain weak.