Core Insights - The China Energy and Chemical Spot Price Index is reported at 819.26 points as of February 6, 2026, reflecting a decrease of 5.51 points or 0.67% from the previous working day, and a decline of 180.74 points or 18.07% from the base period of July 2, 2024 [1] Industry Summary - The oil industry price index stands at 783.04 points, down by 8.66 points or 1.09% from the previous working day [2] - The natural gas industry price index is at 904.77 points, with a decrease of 1.9 points or 0.21% from the previous working day [3] - The chemical industry price index is reported at 843.15 points, down by 2.48 points or 0.29% from the previous working day [4] Market Conditions - The domestic energy and chemical spot price index has declined again, influenced by a significant drop in international crude oil prices, which has weakened cost support and put pressure on market conditions [6] - There is a lack of confidence in the market, as indicated by the mixed performance of commodity futures, with many prices trending downward [6] Price Changes in Key Products - Crude oil import price at Shandong port is 3461 CNY per ton, down by 102 CNY or 2.86% [7] - Gasoline prices in North China decreased by 50 CNY to 7250 CNY per ton, a drop of 0.68% [7] - Diesel prices in North China fell by 40 CNY to 5900 CNY per ton, a decrease of 0.67% [7] - LNG prices in Inner Mongolia decreased by 25 CNY to 3865 CNY per ton, a drop of 0.64% [8] - PTA prices in East China fell by 30 CNY to 5090 CNY per ton, a decrease of 0.59% [8] Index Methodology - The China Energy and Chemical Spot Price Index is jointly launched by the Xinhua Index Research Institute, Jinlianchuang Network Technology Co., Ltd., and the Data Price Professional Committee of the China Price Association. It monitors 17 typical products with significant consumption and market activity across key regions [9]

Core Viewpoint - The overall domestic energy and chemical spot index in China has shown a decline, with varying trends across different sectors, influenced by international oil price drops and weak demand in natural gas [1][7]. Group 1: Energy and Chemical Index Overview - As of January 8, 2026, the China energy and chemical spot index is reported at 786.31 points, down 2.36 points or 0.3% from the previous day, and down 213.69 points or 21.37% from the base period [1]. - The oil industry index stands at 749.29 points, reflecting a decrease of 5.26 points or 0.7% from the previous day [2]. - The natural gas industry index is at 842.89 points, down 2.93 points or 0.35% from the previous day [3]. - The chemical industry index has increased to 818.44 points, up 1.41 points or 0.17% from the previous day [4]. Group 2: Price Changes in Key Products - The price of crude oil at Shandong Port is reported at 3123 yuan per ton, down 50 yuan or 1.55% from the previous period [8]. - Gasoline prices in various regions have decreased, with Shandong province at 6935 yuan per ton, down 30 yuan or 0.43% [8]. - Diesel prices in North China have dropped to 6025 yuan per ton, down 75 yuan or 1.23% [8]. - The price of liquefied petroleum gas in Guangzhou is reported at 4864 yuan per ton, down 20 yuan or 0.41% [9]. - In the chemical sector, the price of propylene in Shandong province has increased to 5840 yuan per ton, up 45 yuan or 0.78% [9]. - The price of methanol in Jiangsu province has decreased to 2250 yuan per ton, down 55 yuan or 2.39% [9]. Group 3: Market Sentiment and Trends - The overall market sentiment is bearish due to significant declines in international crude oil prices, leading to a cautious approach among industry players who are primarily focused on inventory management [7]. - The natural gas sector is experiencing price reductions in certain regions due to weak demand [7]. - Positive news in the chemical sector has led to slight price increases for some products, indicating a divergence in market trends [7].

Group 1: Overall Market Trends - The China Energy and Chemical Spot Price Index is reported at 788.67 points, an increase of 0.99 points or 0.13% from the previous working day, but down 211.33 points or 21.13% from the base period [1] - The overall energy and chemical commodity price index has shown a slight increase today [6] Group 2: Oil Industry Insights - The oil industry price index stands at 754.55 points, reflecting a decrease of 1.6 points or 0.21% from the previous working day [1] - Recent refinery shipment conditions are poor, leading to a lack of demand support, while international crude oil prices continue to decline, exerting downward pressure on some products [6] Group 3: Natural Gas Industry Insights - The natural gas industry price index is reported at 845.82 points, remaining stable compared to the previous working day [2] - The natural gas market is characterized by a weak balance of supply and demand, resulting in stable overall prices [6] Group 4: Chemical Industry Insights - The chemical industry price index is at 817.03 points, with an increase of 4.48 points or 0.55% from the previous working day [3] - Driven by macroeconomic benefits, multiple chemical products have seen sustained price increases [6] Group 5: Detailed Price Monitoring - The report includes detailed pricing for various oil and chemical products, indicating fluctuations in prices across different regions and product types [7][8][9] - For example, gasoline prices in North China decreased by 0.35%, while diesel prices in East China dropped by 2.42% [7][8]

Core Viewpoint - The overall domestic energy and chemical spot price index in China has shown a slight decline, with mixed performance across different sectors, indicating a cautious market sentiment and ongoing demand primarily driven by necessity [7]. Group 1: Overall Index Performance - As of January 5, 2026, the China energy and chemical spot price index is reported at 784.33 points, down 1.38 points from the previous working day, reflecting a decrease of 0.18%. Compared to the base period (July 2, 2024), it has decreased by 215.67 points, or 21.57% [1]. Group 2: Sector-Specific Index Performance - The oil industry price index stands at 753.88 points, showing a slight increase of 0.24 points, or 0.03% from the previous day [2]. - The natural gas industry price index is at 845.82 points, down 20.71 points, or 2.39% from the previous day [3]. - The chemical industry price index is reported at 807.03 points, with an increase of 1.44 points, or 0.18% from the previous day [4]. Group 3: Price Changes in Key Products - In the oil sector, the price of imported crude oil at Shandong port is 3120 yuan per ton, down 26 yuan, or 0.83% from the previous period [8]. - Gasoline prices in various regions show mixed results, with a decrease of 40 yuan in East China and an increase of 15 yuan in Shandong province [8]. - Diesel prices have decreased across several regions, with a notable drop of 90 yuan in Shandong province [8]. - The price of liquefied petroleum gas in Dongying has increased by 165 yuan, or 3.90% [9]. - In the chemical sector, the price of propylene in Shandong province has increased by 60 yuan, or 1.05% [9]. - The price of methanol in Inner Mongolia has increased by 22 yuan, or 1.23% [9]. Group 4: Market Dynamics - The overall energy and chemical spot price index has experienced a slight decline, with the oil and chemical sectors showing minor gains while natural gas prices are under pressure due to supply and weather factors [7]. - The market remains cautious, with downstream procurement primarily driven by essential needs, and a prevailing wait-and-see sentiment among market participants [7].

Core Viewpoint - The China Energy and Chemical Spot Price Index has declined for the fourth consecutive trading day, reflecting a cautious market sentiment and downward price adjustments across various products due to significant drops in international crude oil prices [7]. Group 1: Index Performance - As of December 17, 2025, the China Energy and Chemical Spot Price Index is reported at 784.66 points, down 5.41 points or 0.68% from the previous trading day, and down 215.34 points or 21.53% from the base period [1]. - The oil industry index stands at 745.0 points, reflecting a decrease of 10.59 points or 1.4% from the previous day [2]. - The natural gas industry index is at 918.11 points, with a slight decline of 0.21 points or 0.02% [3]. - The chemical industry index is reported at 800.86 points, down 0.25 points or 0.03% [4]. Group 2: Price Adjustments - The domestic energy and chemical spot price index has shown a downward trend, influenced by a significant drop in international crude oil prices, leading to a high probability of retail price reductions for gasoline and diesel [7]. - Specific price changes include: - Crude oil at Shandong port: 3014 CNY/ton, down 95 CNY or 3.06% from the previous price [8]. - Gasoline prices in various regions have also decreased, with notable drops in North China and East China [8]. - Diesel prices in North China decreased by 85 CNY or 1.33% [8]. - The index monitors 17 typical products in the oil and chemical industries, covering key markets in North, East, and South China, utilizing a comprehensive data set for accurate market price reflection [10].

Core Viewpoint - The China Energy and Chemical Spot Price Index has decreased, indicating a downward trend in the energy and chemical markets, with specific declines in oil, natural gas, and chemical sectors [1][7]. Group 1: Overall Index Performance - As of December 16, 2025, the China Energy and Chemical Spot Price Index is reported at 790.07 points, down 3.44 points or 0.43% from the previous day, and down 209.93 points or 20.99% from the base period [1]. Group 2: Sector-Specific Index Performance - The oil industry index stands at 755.59 points, reflecting a decrease of 4.81 points or 0.63% from the previous day [2]. - The natural gas industry index is at 918.32 points, with a decline of 1.14 points or 0.12% from the previous day [3]. - The chemical industry index is reported at 801.11 points, down 2.3 points or 0.29% from the previous day [4]. Group 3: Market Conditions - The domestic energy and chemical spot index continues to decline, driven by a further drop in crude oil futures prices and increased expectations for gasoline and diesel price reductions, leading to a pressured market sentiment [7]. - Current demand is weak, making it difficult for market transactions to improve, with some products experiencing price reductions and localized areas seeing multiple daily price cuts for gasoline and diesel [7]. Group 4: Price Monitoring Data - The monitoring data for the current period shows various price changes across different products, with crude oil at 3109 yuan per ton, down from 3151 yuan, reflecting a decrease of 42 yuan or 1.33% [8]. - Gasoline prices in North China are reported at 7165 yuan per ton, down 25 yuan or 0.35% from the previous period [8]. - Diesel prices in East China are at 6400 yuan per ton, down 50 yuan or 0.78% from the previous period [9]. Group 5: Index Development and Purpose - The China Energy and Chemical Spot Price Index is jointly launched by the Xinhua Index Research Institute, Jinlianchuang Network Technology Co., Ltd., and the Data Price Professional Committee of the China Price Association, monitoring 17 typical products with significant consumption and market activity across key regions [10].

Core Viewpoint - The China Energy and Chemical Spot Price Index continues to decline, reflecting a bearish market sentiment driven by weak supply and demand dynamics across various commodities [6]. Group 1: Overall Index Performance - As of December 10, 2025, the China Energy and Chemical Spot Price Index is reported at 801.05 points, down 3.01 points or 0.37% from the previous working day, and down 198.95 points or 19.9% from the base period of July 2, 2024 [1]. - The oil industry index stands at 769.74 points, decreasing by 4.39 points or 0.57% from the previous working day [1]. Group 2: Sector-Specific Index Performance - The natural gas industry index remains stable at 940.98 points, showing no change from the previous working day [2]. - The chemical industry index is reported at 805.21 points, down 2.04 points or 0.25% from the previous working day [3]. Group 3: Price Changes in Key Commodities - In the oil sector, the following price changes were noted: - Crude oil at Shandong Port is priced at 3263 CNY per ton, down 30 CNY or 0.91% [7]. - Gasoline prices in North China decreased by 10 CNY to 7215 CNY per ton, while in Shandong and East China, prices fell by 20 CNY and remained unchanged, respectively [7]. - Diesel prices in North China and Shandong both dropped by 50 CNY to 6500 CNY and 6110 CNY per ton, respectively [7]. - In the chemical sector, notable price changes include: - Ethanol in Zhejiang increased by 20 CNY to 3690 CNY per ton [8]. - Styrene in Jiangsu decreased by 150 CNY to 6625 CNY per ton, while in Guangdong, it fell by 105 CNY to 6680 CNY per ton [8]. - PVC prices in the Northwest and Zhejiang regions both decreased by 50 CNY to 4080 CNY and 4490 CNY per ton, respectively [9].

Core Viewpoint - The China Energy and Chemical Spot Price Index has decreased, indicating a downward trend in the energy and chemical sectors, with sellers lacking confidence in the market outlook [6]. Group 1: Index Performance - As of December 9, 2025, the China Energy and Chemical Spot Price Index is reported at 804.06 points, down 5.44 points or 0.67% from the previous working day, and down 195.94 points or 19.59% from the base period (July 2, 2024) [1]. - The oil industry index stands at 774.13 points, reflecting a decrease of 7.18 points or 0.92% from the previous working day [1]. Group 2: Sector-Specific Indices - The natural gas industry index is at 940.98 points, down 3.02 points or 0.32% from the previous working day [2]. - The chemical industry index is reported at 807.25 points, down 3.87 points or 0.48% from the previous working day [3]. Group 3: Market Conditions - International crude oil futures closed lower, contributing to a general decline in domestic energy and chemical product prices, leading to a reduction in the spot price index [6]. - Sellers exhibit a lack of confidence in future market conditions, compounded by downstream demand-driven procurement, resulting in lower purchase volumes and a subdued market transaction atmosphere [6]. Group 4: Price Monitoring Data - The monitoring data for the current period shows various price changes across different products, with crude oil at 3293 yuan per ton, down 73 yuan or 2.17% from the previous period [7]. - Gasoline prices in North China are at 7225 yuan per ton, down 15 yuan or 0.21%, while diesel prices in East China are at 6510 yuan per ton, down 10 yuan or 0.15% [7][8]. - Chemical products such as polypropylene (PP) in Shandong province are priced at 6215 yuan per ton, down 25 yuan or 0.40% [9].

Core Insights - The China Energy and Chemical Spot Price Index reported at 809.39 points as of December 5, 2025, reflecting a decrease of 1.56 points or 0.19% from the previous working day, and a decline of 190.61 points or 19.06% from the base period of July 2, 2024 [1] Industry Summaries Oil Industry - The oil industry price index stood at 778.63 points, with a slight increase of 0.1 points or 0.01% from the previous working day [2] - Specific prices include: - Crude oil at 3334 CNY per ton, up by 5 CNY or 0.15% [7] - Gasoline prices remained stable in various regions, with slight increases in some areas, such as a 20 CNY rise in East China [8] - Diesel prices were unchanged across multiple regions [8] - Liquefied petroleum gas (LPG) showed mixed results, with a notable decrease of 75 CNY in one area [8] Natural Gas Industry - The natural gas price index was reported at 947.65 points, down by 3.98 points or 0.42% from the previous working day [3] - Prices for LNG varied, with a 20 CNY increase in Inner Mongolia but a 75 CNY decrease in Zhejiang [8] Chemical Industry - The chemical industry price index was at 813.27 points, decreasing by 3.03 points or 0.37% from the previous working day [4] - Key price movements included: - Ethanol prices decreased by 75 CNY in Zhejiang [8] - PTA prices fell by 20 CNY in East China [8] - Various chemical products like LLDPE and PVC experienced minor declines across different regions [8][9] - Urea prices showed a slight increase of 10 CNY in Shandong [9] Market Trends - The overall trend indicates a continuation of price declines in the energy and chemical sectors, attributed to increased supply expectations and weakened demand due to milder weather conditions [7] - The index is designed to provide a comprehensive view of market price changes, reflecting significant products in the oil and chemical industries across major regions in China [9]

Core Insights - The China Energy and Chemical Spot Price Index rose to 815.19 points as of December 2, 2025, marking an increase of 1.94 points or 0.24% from the previous day, but a decrease of 184.81 points or 18.48% from the base period of July 2, 2024 [1] - The oil industry index reached 784.09 points, up 4.03 points or 0.52% from the previous day [1] - The natural gas industry index fell to 959.21 points, down 4.91 points or 0.51% from the previous day [2] - The chemical industry index increased to 818.07 points, rising by 1.04 points or 0.13% from the previous day [3] Industry Performance - The domestic energy and chemical spot price index has rebounded, with the oil sector leading the market due to international crude oil price increases and positive market sentiment driven by downstream replenishment [6] - The price of methanol surged due to strong auction results influenced by futures market gains, leading to an upward adjustment in market prices [6] Price Monitoring Data - The current prices for various oil products include: - Crude oil at 3391 CNY per ton, up 50 CNY or 1.50% from the previous period [7] - Gasoline prices in different regions remained stable or saw slight increases, with the highest being 7230 CNY per ton in East China [7][8] - Diesel prices also showed minor increases in certain regions [7][8] - Natural gas prices, particularly LNG, experienced declines, with prices in Inner Mongolia dropping to 4100 CNY per ton [8] - Chemical product prices varied, with some products like methanol seeing increases while others like ethylene glycol experienced slight declines [8][9] Index Methodology - The China Energy and Chemical Spot Price Index is developed by the Xinhua Index Research Institute, Jinlianchuang Network Technology Co., Ltd., and the Data Price Professional Committee of the China Price Association, monitoring 17 typical products across the oil and chemical industries [9] - The index aims to provide a comprehensive reflection of market price changes and industry development trends, utilizing a dataset that combines market inquiries, quotes, and transaction data [9]