This week, approaching the weekend, due to the escalation of the situation in the Middle East, international crude oil prices have surged, driving the overall rise of the polyester chain and the PET market to experience a significant increase. According to the price data from Shengyi Society, as of June 13th, the average selling price of PET (polyester bottle flakes) was 6104 yuan/ton, an increase of 2.34% from the beginning of the week.
In terms of cost, international crude oil surged by 10% on June 13th, setting a new high since February and driving the overall rise of the polyester chain. PTA production is mainly based on crude oil, and changes in crude oil prices will indirectly affect the price of bottle chips. The low industry processing fees have given factories a certain willingness to raise prices, which to some extent supports the price of polyester bottle chips. For example, on June 12th, due to the low industry processing fees, the PET market saw a narrow upward adjustment.
On the supply side, the reduction in production by some large factories, coupled with the tight spot circulation in some areas, drove up the PET market price on June 13th. However, overall, the production of bottle flakes is running at a high level and production capacity is increasing. Against the backdrop of loose supply and demand, prices are still under long-term pressure.
In terms of demand, the recovery of downstream demand is weak, and the replenishment of inventory is limited to small orders for essential needs, lacking the driving force to chase up prices, which limits the increase in polyester bottle chip prices. For example, on June 12th, although polyester dual raw materials rebounded during the day, due to the limited increase in downstream demand, the action force in the PET market only slightly increased.
Overall, Shengyi Society believes that the price increase is mainly due to the rise in costs, and the PET market price may continue to adjust narrowly in the short term. 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 analysis system of Shengyi Society, since June, the hydrogen peroxide market has improved and prices have fluctuated upwards. On June 1st, the average market price of hydrogen peroxide was 696 yuan/ton. On June 12th, the average market price of hydrogen peroxide will be 703 yuan/ton, with a price increase of 0.96%.
Lido supports the rebound of hydrogen peroxide market
Since June, the demand for terminal printing and papermaking industries has increased, and some manufacturers of hydrogen peroxide have stopped for maintenance, resulting in relatively tight supply and rising prices. As of June 12th, the average price in the domestic market has risen to around 700 yuan/ton, with a price increase of around 10-20 yuan/ton. Market transactions have improved and the market continues to rise.
The hydrogen peroxide analyst from Shengyi Society believes that in late June, the demand for terminal printing and papermaking industry is still acceptable, and the supply of hydrogen peroxide is still tight, with room for further growth in the future market.

According to the Commodity Market Analysis System of Shengyi Society, as of June 11, 2025, the reference price of n-butanol in Shandong Province, China is 6250 yuan/ton, which is basically the same as June 6. Compared with June 1 (reference price of n-butanol is 6400 yuan/ton), the price has decreased by 150 yuan/ton, a decrease of 2.34%.
This week, there was little fluctuation in the n-butanol market in Shandong Province, China, and the market consolidation movement was the main trend. During the week, the quotes for n-butanol from major factories in Shandong remained stable, with limited market adjustments. As of June 6th, the reference price for n-butanol in the domestic Shandong market is around 6200-6300 yuan/ton.
Analysis of Market Factors
On the supply side: Currently, the production of n-butanol in the factory is relatively stable, and many factories are operating at low inventory levels. Although some factory maintenance units were restarted at the beginning of the month, some units are still under maintenance. The supply of n-butanol is limited, and the overall supply pressure can be borne.
In terms of demand: Currently, downstream demand procurement for n-butanol is cautious, with downstream users mainly restocking at low prices, and overall market inquiries are low-end.
Market analysis in the future
At present, the trading atmosphere of n-butanol in the Shandong region is relatively light, and the price of n-butanol is stabilizing and consolidating. The n-butanol data analyst from Shengyi Society predicts that in the short term, the domestic n-butanol market will mainly adjust within a certain range, and specific changes in supply and demand information need to be closely monitored.

According to the Commodity Market Analysis System of Shengyi Society, the price of lithium carbonate has been fluctuating at a historical low price recently. As of June 10th, the benchmark price of domestic battery grade lithium carbonate was 60066 yuan/ton, a decrease of 23.77% from 78800 yuan/ton at the beginning of the year and a decrease of 44.15% from 107600 yuan/ton in the same period last year; The benchmark price for domestic industrial grade lithium carbonate trading companies is 58266 yuan/ton, a decrease of 38% from 94000 yuan/ton at the beginning of the year and a decrease of 43.43% from 103000 yuan/ton in the same period last year.
Supply side incremental stability
From the perspective of spodumene: There has been no reduction in production in overseas mines, and many mines have achieved cost optimization. Newly launched mines in China are still in the stage of increasing production, and it is expected that the production of spodumene will continue to grow.
From the perspective of mica: mica prices continue to decline, and domestic lithium mica production capacity is steadily released, coupled with the concentration of imported mineral sources arriving in Hong Kong. It is expected that the supply of mica will also continue to grow.
From the perspective of salt lakes, domestic salt lakes maintain seasonal high production, while overseas projects experience a ramp up in production and a steady increase in import volume.
There has been an increase in demand for exports
The bilateral easing of tariffs between China and the United States has led to a rebound in market sentiment, with exporters voluntarily reducing their inventory. Overall, the performance has been better than expected, providing support for lithium carbonate prices. The energy storage market is improving, and according to the prediction of the Zhongguancun Energy Storage Industry Technology Alliance (CNESA), the cumulative installed capacity of new energy storage in China will grow rapidly from 2024 to 2030. In an ideal scenario, the cumulative installed capacity will reach 313.9GW by 2030, with an average annual compound growth rate of 37.1%; In a conservative scenario, the cumulative installed capacity by 2030 will be 221.2 GW, with an average annual compound growth rate of 30.4%.
The data analyst of Business Society’s lithium carbonate believes that although there is some support on the demand side of lithium carbonate, there is an increase on the supply side, and the overall surplus situation has not changed. It is expected that the short-term price will continue to fluctuate, and specific market changes still need to be monitored.

According to the monitoring of the commodity market analysis system of Shengyi Society, the average price of LLDPE (7042) was 7368 yuan/ton on June 2 and 7346 yuan/ton on June 6, a decrease of 0.29% during this period. LDPE (2426H) had an average price of 9166 yuan/ton on June 2nd and 9216 yuan/ton on June 6th, with a rise of 0.55% during this period. HDPE (2426H) had an average price of 8095 yuan/ton on June 2nd and 8062 yuan/ton on June 6th, with a decrease of 0.40% during this period.
Recently, the polyethylene market has been fluctuating. The trend of high-voltage products is relatively strong, with a slight increase in quotations, mainly due to the impact of the equipment entering a major overhaul in June, and the market supply may decrease. The international oil price trend is relatively strong, which to some extent supports the polyethylene market. However, the demand for agricultural film is in the off-season, and the overall operating rate remains low. The market demand is weak, and downstream product enterprises mainly purchase for essential needs. The willingness to replenish inventory is poor, and the flow of goods is not smooth, resulting in weak quotes from traders.
The market has equipment for parking and maintenance, coupled with the addition of new production capacity, the supply pressure is still ongoing; The demand is in the traditional off-season, and it is expected that the trend of polyethylene will not improve, mainly due to weak operation.