Category Archives: Uncategorized

This week, the domestic epoxy propane market price remained stable temporarily (8.11-8.14)

This week, the domestic epoxy propane market price has remained stable temporarily. According to the monitoring system of Shengyi Society, as of August 14th, the benchmark price of Shengyi Society’s epoxy propane was 7633.33 yuan/ton, a decrease of 6.5% compared to the beginning of the month.
Price influencing factors:
Raw material side: This week, the price of raw material propylene has decreased, resulting in a decrease in the production cost of epoxy propane, reducing price support and intensifying downward pressure on prices. It is expected that the epoxy propane market price will fluctuate weakly in the later stage. According to the market analysis system of Shengyi Society, as of August 14th, the benchmark price of propylene in Shengyi Society was 6633.25 yuan/ton, an increase of 3.11% compared to the beginning of this month (6433.25 yuan/ton).
Supply side: The market supply has significantly increased, expected to reach around 19000 tons. Overall, the supply of epichlorohydrin is showing a loose trend, which has increased the competitiveness of the industry. It is expected that the price of epichlorohydrin will consolidate in the near future.
Demand side: The downstream trading atmosphere of epoxy propane is average, and the purchasing enthusiasm is relatively flat, mainly consuming previous orders. Overall, the demand is facing weak support from the epoxy propane market, and the market may mainly consolidate in the later stage.
Market forecast:
An epoxy propane analyst from Shengyi Society believes that the concentrated release of production capacity in the epoxy propane market has led to a relatively loose supply side and a decline in raw material prices. In addition, downstream markets have a strong demand for purchasing, resulting in an average trading atmosphere. It is expected that the epoxy propane market will mainly consolidate in the short term, and more attention should be paid to changes in raw material prices and upstream and downstream supply and demand.

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The supply and demand have improved, and the natural rubber market has seen a slight upward trend

According to the Commodity Market Analysis System of Shengyi Society, the domestic natural rubber spot market has seen a slight upward trend recently (8.1-8.11). As of August 11th, the spot rubber market price in China’s natural rubber market was around 14816 yuan/ton, an increase of 2.48% from 14458 yuan/ton on the first day. On the one hand, the downstream tire production is basically stable, which provides essential support for Tianjian; On the other hand, the price of natural rubber raw materials remains strong, and the cost support of natural rubber continues; In addition, the slight decrease in domestic port inventory and the improvement of market atmosphere have driven natural rubber prices to fluctuate and rise. As of August 11th, the mainstream price for 24 years of Guangken, Baodao, and Haibao latex in Qingdao area is 14700-14950 yuan/ton.
As of August 11th, the price of Thai glue was 54.00 baht/kg, unchanged from the beginning of the month. On the one hand, local heavy rainfall and gust warnings in early and mid August in Thailand have posed resistance to natural rubber (TSR) cutting activities. On the other hand, the domestic cutting period, coupled with the unstable production of old natural rubber plantations in Vietnam, has provided short-term support for the price of TSR raw materials.
Recently (8.1-8.11), natural rubber inventory has been slightly reduced, and the market atmosphere has improved. As of August 10, 2025, the total inventory of Tianjiao bonded and general trade in Qingdao area was 619900 tons, a decrease of 11900 tons or 1.89% compared to the previous period.
Recently (8.1-8.11), the overall stability of downstream tire production has provided essential support for the natural rubber market. As of August 8th, the construction of semi steel tires by domestic tire companies has slightly increased to around 7.20%; The construction of all steel tires by tire companies in Shandong Province has slightly increased to around 6.3%.
Market forecast: The current high prices of raw materials both domestically and internationally, as well as stable downstream tire production, provide support for the Tianjin rubber market. The slight decrease in Tianjin rubber port inventory is expected to lead to a certain recovery in the Tianjin rubber market. Overall, with the arrival of the peak season, it is expected that the natural rubber market will fluctuate and rise in the later period.

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Aniline prices have risen this week (8.4-8.8)

1、 Price trend
According to the Commodity Market Analysis System of Shengyi Society, the overall market for aniline has risen this week. On August 3rd, the market price of aniline was 7550 yuan/ton, and on August 8th, the price was 7775 yuan/ton, with a cycle increase of 2.98% and a decrease of 26.30% compared to the same period last year.
2、 Analysis and Review
This week, Shandong aniline actively pushed up prices. On Monday, with low inventory levels in enterprises, mainstream manufacturers collectively raised prices by 300 yuan/ton, and the mainstream market price rose to 7800-7900 yuan/ton. Subsequently, downstream gas buying fell, trading volume decreased, aniline prices were lowered by 100 yuan/ton, and gas buying recovered to some extent. The market continued to stabilize until the weekend.
Cost wise: Pure benzene has slightly decreased this week. The overall supply has slightly contracted, with both petroleum benzene and hydrogenated benzene decreasing, and there has been no synchronous improvement in demand. The average price at the beginning of the week was 6075 yuan/ton, and the average price over the weekend was 6.56 yuan/ton, with a decrease of 0.31% during the week. The pure benzene market maintains a loose supply situation, with weak fundamentals, which affects the trend of pure benzene.
3、 Future expectations
The current supply and demand of the aniline market are stable, with smooth flow of goods and little inventory pressure. It is expected that the aniline market will maintain consolidation and operation in the short term.

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The market price of ammonium sulfate first suppressed and then rose (8.1-8.7)

1、 Price trend
According to the Commodity Market Analysis System of Shengyi Society, the average price of ammonium sulfate in the domestic market on August 7th was 1133 yuan/ton, which is 0.59% lower than the average price of 1140 yuan/ton on August 1st.
2、 Market analysis
Supply and demand situation
This week, the domestic ammonium sulfate market price first fell and then rose, and the operating rate of enterprises remained stable. At the beginning of the week, the trading atmosphere in the ammonium sulfate market was light, with high printing prices. Downstream caution is the main mentality, market transactions are limited, and manufacturers mainly place preliminary orders. Starting from Wednesday, downstream demand has increased, and international urea prices have risen, which is favorable for the ammonium sulfate market. The market price of ammonium sulfate has slightly increased.
market conditions
As of August 7th, the mainstream ex factory quotation for coking grade ammonium sulfate in Shandong region is around 1070 yuan/ton. Domestic grade ammonium sulfate, the mainstream ex factory quotation in Shandong region is around 1070-1120 yuan/ton.
3、 Future forecast
An ammonium sulfate analyst from Shengyi Society believes that the market trend of ammonium sulfate has been strong and rising recently. At present, the supply of ammonium sulfate in the market is sufficient, and demand still needs to be released, with limited upward space. It is expected that the short-term domestic ammonium sulfate market will mainly focus on price consolidation and operation.

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The domestic maleic anhydride market continued to decline in July

According to the commodity analysis system of Shengyi Society, the domestic maleic anhydride market continued to decline in July. As of July 31st, the average quoted price of maleic anhydride was 5862.50 yuan/ton (including tax), a decrease of 6.01% from 6237.50 yuan/ton on July 1st.
On the supply side: In July, the supply of maleic anhydride in the market was relatively sufficient, and the market price of maleic anhydride fell from a low level. Factories implemented a downward trend in prices, and distributors followed suit. Downstream unsaturated resins maintained a strong demand for maleic anhydride, and operations were cautious. The shipment of maleic anhydride in the market was average, and the market situation fluctuated downward. As of August 5th, the factory price of solid anhydride is around 5400 yuan/ton, and the factory price of liquid anhydride is around 4950 yuan/ton.
Upstream: In July, the price of pure benzene in the Shandong region fluctuated and rose. The market price fluctuated and fell in the first half of the year, then rose and fell in the middle, and rose sharply in the second half. On July 1st, the price was 5942 yuan/ton; On July 30th, the price was 6078.67 yuan/ton, an increase of 2.3% from the beginning of the month.
In July, the domestic n-butane market prices fluctuated and rose, with prices in Shandong at around 4830 yuan/ton as of July 31.
Downstream: The weak consolidation of unsaturated resin market in July is the main focus, while the downward trend of upstream styrene and maleic anhydride market has limited cost support for unsaturated resin. Currently, unsaturated resin is in the off-season of consumption, and downstream transactions are average, which has limited support for unsaturated resin and weak market conditions.
Business Society’s maleic anhydride product analyst believes that in August, the main downstream unsaturated resin of maleic anhydride will continue to maintain a strong demand for maleic anhydride procurement; The supply of maleic anhydride market is sufficient, and there is no obvious positive news in the market. It is expected that the maleic anhydride market will continue to maintain a low consolidation in August.

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