This week, the domestic fluorite price trend has risen. As of the weekend, the average domestic fluorite price was 3168.75 yuan/ton, an increase of 0.40% from the beginning of the week price of 3156.25 yuan/ton, and a year-on-year decrease of 8.48%.

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, and overall, the operating rate of enterprises has increased. Upstream mining is tight, backward mines will continue to be eliminated, and new mines will be added. 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 not changed much. Some fluorite manufacturers have appropriate inventory, and fluorite mining enterprises are raising prices and holding up shipments, resulting in a rise in the fluorite market.
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 9800-10300 yuan/ton. The downstream hydrofluoric acid equipment is still in shutdown, 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 market due to poor demand digestion. The price increase of fluorite is not significant due to this news.
The downstream refrigerant market is on the rise, and the refrigerant industry is making efforts in terminal policies. 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 purchasing at high prices is relatively slow, but the industry’s inventory is transmitted in a positive and orderly manner, and upstream products are mainly purchased on demand. The trend of refrigerant market has increased, and the fluorite market has risen.
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 for safety inspections. The tight supply of fluorite mines is a positive support for the fluorite market, and the mentality of buying up rather than buying down is obvious; However, hydrofluoric acid enterprises mainly purchase according to demand, and there is no actual increase in demand. In addition, the hydrofluoric acid market remains low, and both long and short factors jointly affect it. Overall, the price of fluorite market is prone to rise but difficult to fall in the short term.

Entering August, it is expected that the production will decrease by about 2900 tons to about 12300 tons, a decrease of about 19% compared to the previous month. Currently, the daily production of MIBK in China is about 380 tons, and the operating rate is around 50%. Due to the parking of production enterprises, it is expected that the industry’s production capacity and operating rate will significantly decline in August.
Business Society predicts that the downstream anti-aging industry will continue to operate weakly, while the supply side will be tight. In the future, with the peak season and the approaching Golden September, downstream demand will rebound, and the market will maintain stable operation in the short term.

According to the Commodity Market Analysis System of Shengyi Society, the mixed xylene market has been operating weakly this week. From August 4th to August 11th, 2025, the price of mixed xylene has decreased from 6070 yuan/ton to 5880 yuan/ton, a decrease of 3.13%. The overall domestic mixed xylene market has declined this cycle, and the overall crude oil market has weakened during the week, dragging down the mentality of the spot market. The Shandong region has been affected by low downstream purchasing intentions this week, resulting in a continuous decrease in ex factory prices. During the week, the supply in East and South China was relatively loose, downstream demand was weak, and overall market prices declined.

Cost wise: As of the 8th, the settlement price of the September WTI crude oil futures contract in the United States was $63.88 per barrel. The settlement price of Brent crude oil futures for October contract is $66.59 per barrel. The negative factors in the crude oil market, on the one hand, OPEC+announced a cumulative production increase of 2.3 million barrels per day by September, marking the organization’s exit from the plan to reduce production by over 2.2 million barrels per day one year ahead of schedule, which is bearish for the oil market. On the other hand, the geopolitical situation in the Middle East is affecting the oil market, and global macro data is bearish. Coupled with the fundamental impact of the upcoming off-season for US summer demand, crude oil market prices will continue to be under pressure.
Supply side:
Sinopec’s xylene quotation summary shows that the company is currently operating normally, with stable production and sales. The company’s quotation remains unchanged from the previous day. As of August 11th, East China Company quoted 5950 yuan/ton, North China Company quoted 5750-5950 yuan/ton, South China Company quoted 5900-5950 yuan/ton, and Central China Company quoted 5700-5850 yuan/ton.
Demand side:
On August 11th, Sinopec Sales Company temporarily stabilized the price of xylene, with the current execution price of 7000 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 sales are normal. The price remains unchanged compared to August 4th. As of August 8th, the closing prices of the xylene market in Asia were $814-816/ton FOB Korea and $839-841/ton CFR China, a decrease of $20/ton from August 1st.
Market forecast: In terms of supply, some facilities in Shandong will be shut down while others will be put into operation. Currently, the supply in the region is relatively loose. The demand side oil adjustment industry has performed well recently, but there is a urgent need to replenish inventory. The purchasing intention of the chemical industry has been relatively low recently, and it entered the market at a low price. Overall, the demand side is still biased towards rigid demand. The overall supply-demand situation is slightly bearish, and it is expected that the xylene market will remain stable with weak performance in the short term.

1、 Price trend

Taking the sulfuric acid method for producing pyrite type titanium dioxide, which has a large volume of goods in the domestic market, as an example. According to data monitoring by Business Society, the domestic titanium dioxide market price has decreased this week. The average price of titanium dioxide on Monday was 13640 yuan/ton, and the market price on Friday was 13480 yuan/ton. The price has been reduced by 1.17%.
2、 Market analysis
This week, the domestic titanium dioxide market prices have been lowered. This week, the domestic titanium dioxide market is still poor. During the off-season, enterprise costs are under pressure, inventory pressure is high, downstream demand is light, terminal stocking is still cautious, and new orders are limited. As of now, the domestic quotation for sulfuric acid based pyrite type titanium dioxide is mostly between 12900-13800 yuan/ton; The price of the titanium type is around 11600-11900 yuan/ton, and the actual transaction price is negotiable.
3、 Future forecast
Business Society’s titanium dioxide analyst believes that the domestic titanium dioxide market price will decrease this week. Downstream market demand is weak, with rigid demand as the main factor. On site inventory is under pressure, and there is significant pressure on enterprise shipments. It is expected that the titanium dioxide market will remain weak and stable in the short term, with actual transaction prices subject to negotiation.

The demand for hydrofluoric acid in the market was weak in July, and the price trend declined. The operating rate of the domestic hydrogen fluoride market in July was 50.6%, a decrease of 3.1 percentage points from June. According to the analysis system of Shengyi Society, as of July 31st, the benchmark price of hydrofluoric acid in Shengyi Society was 10800 yuan/ton, a decrease of -2.99% compared to June.

On the raw material side, domestic fluorite prices continued to decline in July. As of July 30th, the benchmark price of fluorite in Shengyi Society was 3137.50 yuan/ton, a decrease of 1.38% compared to the beginning of this month (3181.25 yuan/ton). The current situation of the game in the domestic fluorite industry still exists. Overall, the operating rate of enterprises has increased. Upstream mining is tight, backward mines will continue to be eliminated, and new mines will be added. 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, as the temperature rises, northern enterprises gradually start operating, and the supply of fluorite enterprises on site has increased, with sufficient inventory. The price center of fluorite market has decreased, and the cost support of hydrofluoric acid is weak, resulting in a decline in hydrofluoric acid prices in July.
On the demand side: Although the downstream refrigerant market is in the traditional peak season, due to weak terminal demand and low stocking enthusiasm, upstream products are mainly purchased on demand, and there is a strong wait-and-see attitude. The market trading atmosphere is cold, and some companies have reduced their raw material demand due to profit losses. The demand for downstream refrigerants is average, and the market price of hydrofluoric acid continues to decline.
Market forecast: The domestic fluorite price trend will continue to decline in July, with weak downstream terminal demand and no favorable supply and demand support, resulting in poor market trading. It is expected that the market price of anhydrous hydrogen fluoride will continue to decline in August, with a downward range of around 200 yuan/ton. More attention should be paid to the news of leading enterprises and market supply and demand situation.

According to the Commodity Market Analysis System of Shengyi Society, the domestic BDO market has fallen. From July 1st to 31st, BDO prices fell from 8735 yuan/ton to 8400 yuan/ton, with a price drop of 3.84% during the period and a year-on-year price drop of 5.92%.

At the beginning of the month, the domestic BDO market remained stagnant after rising. Restarting production capacity exceeds maintenance capacity, resulting in a significant increase in supply and weakened supply side support; However, the demand in downstream industries has decreased, and the supply is significantly greater than the demand, exacerbating the wait-and-see sentiment in the market.
In the first half of the month, the supply remained abundant. The demand in downstream industries has increased, but the supply is still higher than the demand, and the pressure of supply and demand has intensified. Industry players have a strong wait-and-see attitude, and spot trading is limited. The supply-demand negotiation game has resulted in a relatively stable focus in the domestic BDO market.
In mid month, some devices were restarted and the supply increased. However, the main downstream industries have experienced a decline in production, resulting in a reduction in raw material digestion and an increase in supply and demand pressure. As a result, the domestic BDO market atmosphere is relatively weak.
As the end of the month approaches, the domestic supply of BDO has increased. However, the main downstream industries have experienced a decline in production, and the amount of raw materials digested continues to decrease. The contradiction between supply and demand has intensified, and traders are holding a selling and shipping mentality, dragging the market center of gravity down continuously.
Supply side: The industry’s supply continues to increase, but there is no positive support from the supply side. BDO supply and sales are affected by negative factors.
On the cost side, raw material calcium carbide: the domestic calcium carbide market is stable with small fluctuations. The unstable market operation has led to a reduction in supply, but the temporary recovery of demand has accelerated the consumption of waiting vehicles in the market. Raw material methanol: The domestic methanol market has rebounded, and as of 10:00 am on July 31st, the reference price for domestic methanol in Taicang is 2410 yuan/ton. The fluctuation and consolidation of raw materials such as calcium carbide and methanol have a mixed impact on the cost of BDO.
On the demand side, the downstream PTMEG, GBL-NMP, PBAT industries have seen a decrease in load, while PBT, TPU and other industries have seen an increase in production. However, the overall production on the demand side has declined, leading to a continued reduction in raw material digestion and exacerbating the imbalance between supply and demand structure in the industry. In addition, under the traditional off-season effect, terminal demand is light, and under the pressure of supply and demand, some downstream industries such as THF, PBT, GBL-NMP, and spandex have seen a decline in market prices, resulting in a compression of profit margins and severe pressure on raw material prices. The demand side of BDO is affected by bearish factors.
The future forecast shows that supply will still be significantly higher than demand, and the imbalance between supply and demand will intensify. Moreover, downstream industries are experiencing losses, resulting in severe pressure on raw material prices. The market lacks favorable support. Business analyst BDO predicts that the domestic BDO market may continue to weaken.

According to the Commodity Market Analysis System of Shengyi Society, the domestic butadiene market trend in July 2025 is expected to be volatile, with a slight overall increase. From July 1st to 30th, the domestic butadiene market price increased from 9000 yuan/ton to 9300 yuan/ton, with a price increase of 3.33% during the period.

Early October: The domestic butadiene market fluctuated and fell in this cycle, dragged down by insufficient demand. In the later part of the week, the ex factory prices of main refineries were lowered one after another. Recently, the spot market supply on the supply side has been relatively sufficient, and the main production areas are actively exporting. There have been some unsold transactions in the market, and market transactions are slightly weak.
Mid cycle: The domestic butadiene market has fluctuated upward in this cycle, with low port inventory and slightly tight supply in recent times. With the increase in auction premium transactions of main refineries, the mentality of the spot market has strengthened, driving market quotations to rise all the way. From the demand side, downstream companies have shown good intentions to replenish inventory in the near future, which provides some support for market sentiment. As of July 14th, the self pickup price in East China is around 9100 yuan/ton.
Late period: The domestic butadiene market fluctuated upward in this cycle, and port inventories in East China have been running at a low level recently, boosting market sentiment. During the week, mainstream refineries in China generally transacted at a premium, further strengthening market sentiment and causing market prices to continue to rise. The demand side has shown stable performance recently and urgently needs to replenish inventory. Boosted by favorable supply, the butadiene market fluctuated upwards. As of the end of the month, due to poor downstream demand, the ex factory prices of main refineries have generally decreased, and the market price of butadiene has slightly fallen.
Cost wise: As of the 28th, the settlement price of the main contract for WTI crude oil futures in the United States was $66.71 per barrel, and the settlement price of the main contract for Brent crude oil futures was $70.04 per barrel. During this round of price adjustment cycle, crude oil prices have mainly fluctuated. On the one hand, OPEC+is likely to complete its 2.2 million barrels per day production increase plan before the end of September. In addition, with the trade agreement reached between the United States and Japan, the international oil market trend has fallen slightly due to this news; On the other hand, there are still concerns in the market about the tariff negotiations between the United States and Europe, as well as factors such as the Middle East issue and disturbances in the European situation, causing the crude oil market to maintain a volatile trend.
Supply side: The listed price of butadiene for various sales companies of Sinopec is 9400 yuan/ton as of the 30th. Recently, the comprehensive operating rate of the domestic butadiene industry has not changed much, and the overall supply is relatively stable.
On the demand side, the butadiene rubber market slightly rose in July. According to the commodity market analysis system of Shengyi Society, as of July 29th, the butadiene rubber market price in East China was 12210 yuan/ton, an increase of 3.30% from 11820 yuan/ton at the beginning of the month, and the lowest point during the cycle was 8600 yuan/ton. The price of raw material butadiene fluctuates and rises, causing the cost center of butadiene rubber to shift upwards; The production of butadiene rubber has fluctuated slightly, and the pressure on the supply side still exists; Downstream tire production has slightly increased, mainly supporting the demand for butadiene rubber. As of July 29th, the mainstream prices for Qilu, Daqing, Sichuan, and Yangtze Shunding in East China were 12000 to 12350 yuan/ton.

Market forecast: In terms of the future, the crude oil trend has been fluctuating recently, with limited guidance for the butadiene market and poor macro performance, resulting in insufficient support. Recently, some equipment on the supply side has plans to restart, and the market expects that the supply will be loose and weak in the future. The downstream synthetic rubber market on the demand side has recently shown an overall trend towards rigid demand, with no significant positive support from the demand side. Overall, under the influence of weak fundamentals, it is expected that the butadiene market will experience a weak and volatile trend.

According to the Commodity Market Analysis System of Shengyi Society, as of July 29th, the price of isooctanol was 7600 yuan/ton, fluctuating and consolidating from the high of 7550 yuan/ton on July 1st, with an increase of 0.66%. In July, the price of isooctanol stabilized at a high level, and there was an increase in equipment maintenance for isooctanol enterprises. The operating rate of isooctanol equipment slightly decreased to less than 80%, resulting in a decrease in isooctanol production and supply; Downstream plasticizer companies have seen a decline in production, resulting in a decrease in demand for isooctanol and weak supply and demand. As a result, the price of isooctanol has fluctuated and consolidated at a high level.

Downstream plasticizer DOP prices fluctuate and fall
According to the Commodity Market Analysis System of Shengyi Society, as of July 29th, the DOP price was 7967.50 yuan/ton, a fluctuating decrease of 3.53% compared to the DOP price of 8259.17 yuan/ton on July 1st. In July, DOP production decreased, plasticizer production decreased, and plasticizer prices fluctuated and fell. The production of plasticizers has decreased, the demand for isooctanol is weak, and the price of isooctanol has risen to support the decline.
In July, DOP enterprises saw a significant decrease in construction, with the construction rate dropping from 60% in June to around 40% in mid month, and slowly recovering in late month. Overall, DOP production decreased in July, plasticizer production decreased, demand for isooctanol was weak, and the price of isooctanol supported the decline. With the resumption of DOP production in the latter half of the year, DOP production has increased, and demand for isooctanol has rebounded. It is expected that there will be increased support for the rise of isooctanol in the future market.
Future expectations
According to the data analyst of Shengyi Society’s octanol product, in terms of demand, the start of DOP equipment for plasticizer companies decreased in July, resulting in a decrease in DOP production and a decrease in demand for isooctanol. As plasticizer companies resume production, the demand for isooctanol will rebound, and the support for the future rise of isooctanol will increase; On the supply side, the equipment operation of isooctanol enterprises has decreased, and the supply of isooctanol has decreased. Overall, it is expected that the supply of isooctanol will decrease and demand will recover, and the price of isooctanol is expected to fluctuate and rise in the future.

At the end of the month, the asphalt market fluctuated. According to monitoring data from Shengyi Society, the ex factory price of heavy-duty asphalt # 70 in Shandong region was 3670 yuan/ton on July 1st, and as of July 28th, the ex factory price in Shandong region was 3700 yuan/ton.

On the supply side, the United States allows Chevron to resume oil extraction in Venezuela or may increase the supply of asphalt raw materials. Specific data shows that the asphalt production rate has slightly decreased by about 30% compared to the same period last year in the past week, showing an improvement compared to the same period last year. It is reported that the domestic asphalt production in July is expected to be 2.55 million tons, an increase of 144000 tons compared to the previous month, with a growth rate of 6%, and an increase of 490000 tons compared to the same period last year, with a growth rate of 24%.
From a downstream perspective, the operating rates of various industries downstream of asphalt have mostly increased during the week. Among them, the operating rate of road asphalt has increased by 2% to 27% month on month, but it is still at a relatively low level compared to the same period in recent years, constrained by funding and high temperatures caused by rainfall.
Overall, the panic of the global trade war has eased, but the cloud of the global trade war has not completely dissipated. Recently, crude oil prices have fluctuated, and the Ministry of Industry and Information Technology has mentioned that a new round of work plans for stabilizing growth in the top ten key industries (including petrochemicals, building materials, etc.) will be released one after another in the near future. Policies such as surveying the list of old petrochemical and chemical equipment and phasing out outdated equipment for 20 years are more conducive to long-term expectations, and their actual impact on recent months is limited.
The North China region has concentrated on delivering pre contracts, resulting in a significant increase in shipment volume. The national shipment volume has increased by 8% month on month to 270000 tons, which is at a relatively low level. The inventory of asphalt refineries has fallen and is still at a low level compared to the same period in recent years. The impact of rainfall at the end of the month has decreased, and it is expected that asphalt will fluctuate in the near future.

1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, as of July 25th, the average quotation price of domestic high-quality DMF enterprises was 4140 yuan/ton, a decrease of 2.53% compared to the same period last week. Currently, DMF manufacturers are under pressure, and the overall DMF market surged and fell in July. Currently, inventory is operating normally without pressure, and the mentality of operators is stable, with cautious operations and a strong wait-and-see atmosphere.
2、 Cause analysis
Market wise: In July, some DMF companies conducted equipment maintenance, and it is expected that the overall supply of DMF will decrease in August.
Upstream: The average market price of upstream methanol in the first half of the year was not ideal, lower than the same period last year. Due to macroeconomic policies, fluctuations in crude oil, and sudden market fluctuations, methanol prices were affected. It is expected that the fundamentals of the methanol market will increase and limit in August, with average demand, and the market will mainly maintain its current state.
3、 Future forecast
DMF analysts from Shengyi Society believe that DMF prices surged in early July, digesting the previous increase in prices. At the end of July, the DMF market mainly operated weakly, and the price fluctuation range was limited in the short term.