According to the monitoring of the commodity market analysis system of Shengyi Society, the price of activated carbon at the beginning of the week was 12933 yuan/ton, and the price of activated carbon at the end of the week was 13000 yuan/ton, with a price increase of 0.52%.
The prices of domestic activated carbon manufacturers have risen this week, with the ex factory price of activated carbon for coconut shell water purification in East China ranging from 9500-13000 yuan/ton. Currently, the supply of coconut shell raw materials remains tight, and the demand for porous carbon materials for new energy batteries has increased, intensifying the competition for raw materials and leading to a decrease in coconut shell activated carbon production capacity, supply shortages, and price increases.
From the supply side, the main coconut producing areas in Southeast Asia have been affected by natural disasters, resulting in a decrease in production and an increase in costs for domestic enterprises with high import dependence. Coconut production in countries such as the Philippines and Indonesia has also been affected, leading to a decrease in the supply of coconut shell raw materials and an increase in demand for coconut shell activated carbon in areas such as new energy batteries and gold extraction, driving up prices. ‌‌
Prediction: Domestic market demand is on the rise, and it is expected that the price of activated carbon will mainly fluctuate with a strong trend in the short term.

According to the commodity analysis system of Shengyi Society, since September 4th, the hydrogen peroxide market has rebounded and prices have risen. On September 4th, the average market price of hydrogen peroxide was 690 yuan/ton, and on September 11th, the average market price of hydrogen peroxide was 696 yuan/ton, with a price increase of 0.97%.
Liduo is still experiencing a rise in the hydrogen peroxide market
Starting from September 4th, the demand for terminal printing and papermaking industries has increased, and some manufacturers of hydrogen peroxide have stopped for maintenance, resulting in tight supply. The positive factors are still present, and the price of hydrogen peroxide has entered an upward trend. As of September 11th, the average price in the domestic market has risen to around 696 yuan/ton. Market transactions have improved and the market has increased.
The hydrogen peroxide analyst from Shengyi Society believes that in late September, the demand for terminal printing and papermaking industry will increase, and the pressure on hydrogen peroxide supply will decrease. The market will continue to operate strongly in the future.

Recently, the operating load of hydrogen fluoride enterprises has decreased, raw materials have increased, inventory is tight, and cost pressure continues to increase; However, downstream terminal demand is generally low, with a lower acceptance of high priced raw materials, and still primarily focused on rigid procurement. Overall, the hydrogen fluoride market is showing a stable to strong trend. According to the analysis system of Shengyi Society, as of September 10th, the benchmark price of hydrofluoric acid in Shengyi Society was 11466.67 yuan/ton, an increase of 7.67% from the end of August.
On the raw material side: This week, the domestic supply of fluorite is tight, with prices rising, putting high pressure on the cost of hydrogen fluoride. As of September 10th, the benchmark price of fluorite in Shengyi Society was 3318.75 yuan/ton, an increase of 1.53% compared to the beginning of this month (3268.75 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. The sustained high price of fluorite puts pressure on the cost of hydrofluoric acid, and production enterprises still face the pressure of losses, resulting in cost inversion. It is expected that hydrogen fluoride enterprises will continue to rise in the later stage.
Demand side: Structural differentiation in downstream market demand. The mainstream varieties r134a and r32 have a strong upward trend in the market, while r22 products are mainly restocked for essential needs due to weak terminal demand, slower procurement pace, and a cold market trading atmosphere. Overall, demand support for hydrogen fluoride is stable, moderate, and strong, and it is expected that the price trend of hydrogen fluoride will continue to rise in the short term.
Market forecast: The price of raw material fluorite will rise, the cost of hydrofluoric acid will be under high pressure, and production enterprises will still face loss pressure. Downstream terminal demand is average, and only a small number of orders will be signed. It is expected that the anhydrous hydrogen fluoride market will continue to have a strong trend in the later stage. More attention should be paid to changes in market supply and demand.

According to the Commodity Market Analysis System of Shengyi Society, lithium carbonate has shown a weak and volatile pattern recently, once again approaching the cost line. As of September 9th, the benchmark price of battery grade lithium carbonate trading company was 74033 yuan/ton, up 6.72% month on month and down 7.69% year-on-year. The benchmark price of industrial grade lithium carbonate trading company is 71966 yuan/ton, up 5.32% month on month and down 7.5% year-on-year.
Marginal improvement in supply and demand relationship, but inventory pressure still exists
The demand side is experiencing a seasonal rebound, and the production schedule for lithium iron phosphate materials is expected to reach a new high in September, with five consecutive months of month on month growth. The demand for energy storage batteries remains at full capacity. ​
Adequate supply side capability
The 40000 ton new project in Qinghai Salt Lake was put into operation in June, and the pyroxene production line of a lithium salt plant in Sichuan has entered the ramp up stage of production. Despite the accelerated withdrawal of high cost production capacity (partial shutdown of Australian hard rock lithium mines and Jiangxi mica mines), the overall operating rate of the industry remains high, and the resilience of the supply side remains strong. ​
Market driving factors: policy disturbance and cost game
In the short term, price fluctuations were disrupted by supply side policies. The shutdown of the Shixiawo mine in Ningde, Jiangxi Province, caused market concerns about supply contraction and led to a rebound in prices in August. However, as the market realized the limited impact of the shutdown and the expectation of resuming production emerged, emotions gradually cooled down.
Cost structure reshapes market competition pattern: Salt Lake lithium extraction, with its low-cost advantage, has shown strong resilience in the downward price cycle, further increasing its supply share. The increase in low-cost supply further suppresses the price rebound space, forcing high cost mines to shut down and accelerating industry clearance.
The data analyst of Business Society’s lithium carbonate believes that lithium carbonate is currently in a painful period of capacity clearance, and prices will repeatedly play around the cost line. Specific market changes and related policies still need to be monitored.

According to the Commodity Market Analysis System of Shengyi Society, the domestic natural rubber spot market has risen recently (9.1-9.8). As of September 1st, the spot rubber market price in China’s natural rubber market was around 15416 yuan/ton, an increase of 3.06% from 14958 yuan/ton on September 1st. Downstream tire production has fluctuated slightly, forming a strong demand support for Tianjian; In addition, the high prices of natural rubber raw materials remain strong, and the cost support of natural rubber continues; In addition, the continued slight decline in domestic port inventory and favorable market sentiment have driven natural rubber prices to fluctuate and explore an upward trend. As of September 8th, the mainstream price for 24 years of Guangken, Baodao, and Haibao latex in Qingdao area is 15350~15600 yuan/ton.
As of September 8th, the price of Thai glue was 56.00 baht/kg, an increase of 0.99% from 55.45 baht/kg on September 1st. Recently, the main rubber production areas at home and abroad have been affected by rainfall and typhoons, resulting in lower than expected new rubber production and high raw material prices.
Recently (9.1-9.8), natural rubber inventories have continued to decrease slightly, and the market atmosphere has improved. As of September 7, 2025, the total inventory of Tianjiao bonded and general trade in Qingdao area was 592300 tons, a decrease of 10000 tons or 1.66% compared to the previous period.
Recently (9.1-9.8), there has been a slight consolidation in downstream tire production, providing essential support for the natural rubber market. As of September 5th, the construction of semi steel tires by domestic tire companies has slightly increased to around 7.3%; The production of all steel tires by tire companies in Shandong Province has slightly decreased to around 6.4%.
Market forecast: The current high and firm prices of raw materials both domestically and internationally, as well as stable downstream tire production and consolidation, provide support for the Tianjin rubber market. The Tianjin rubber port inventory has slightly decreased, and with the arrival of the peak season, it is expected that the natural rubber market will fluctuate and rise in the later period.