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Insufficient cost support, poor downstream buying, weak adjustment of phenol price
Since November, the price of phenol in the domestic market has continued to decline, with the average price of 8740 yuan/ton by the end of the week. In general, the transportation resistance in the region was still in the last week. When the shipment of the carrier was blocked, the phenol offer w...Read more -
The bulk chemical market declined after a short rise, and may continue to be weak in December
In November, the bulk chemical market rose briefly and then fell. In the first half of the month, the market showed signs of inflection points: the “new 20″ domestic epidemic prevention policies were implemented; Internationally, the US expects the pace of interest rate increase to sl...Read more -
Analysis on import and export of MMA market in 2022
According to the statistics from January to October 2022, the import and export trade volume of MMA shows a downward trend, but the export is still larger than the import. It is expected that this situation will remain under the background that new capacity will continue to be introduced in the f...Read more -
Why is China’s chemical industry expanding its ethylene MMA (methyl methacrylate) plant?
On July 1, 2022, the commencement ceremony of the first phase of the 300,000 ton methyl methacrylate (hereinafter referred to as methyl methacrylate) MMA project of Henan Zhongkepu Raw and New Materials Co., Ltd. was held in Puyang Economic and Technological Development Zone, marking the applicat...Read more -
Weak propylene glycol price and weak supply and demand
Recently, due to the increase in supply, the price of raw materials has fallen, the downstream purchasing intention is sluggish, and the price of propylene glycol is still relatively weak, falling nearly 500 yuan/ton compared with the average price of last month and nearly 12000 yuan/ton compared...Read more -
propylene oxide market analysis, 2022 profit margin and monthly average price review
2022 was a relatively tough year for propylene oxide. Since March, when it was hit again by the new crown, most of the markets for chemical products have been sluggish under the influence of the epidemic in various regions. This year, there are still many variables in the market. With the launch ...Read more -
The analysis of propylene oxide market in November showed that the supply was favorable and the operation was slightly stronger
In the first week of November, Zhenhai Phase II and Tianjin Bohai Chemical Co., Ltd. were negatively operated due to the drop in the price of styrene, the drop in cost pressure, the drop in epidemic control in Jinling, Shandong Province, the shutdown of Huatai for maintenance, and the commencemen...Read more -
The epoxy resin market fell weakly last week, and what is the future trend
Last week, the epoxy resin market was weak, and the prices in the industry fell ceaselessly, which was generally bearish. In the week, the raw material bisphenol A operated at a low level, and the other raw material, epichlorohydrin, fluctuated downward in a narrow range. The overall raw materia...Read more -
The growth of acetone demand is slow, and price pressure is expected to exist
Although phenol and ketone are co products, the consumption directions of phenol and acetone are quite different. Acetone is widely used as chemical intermediate and solvent. The relatively large downstream are isopropanol, MMA and bisphenol A. It is reported that the global acetone market is i...Read more -
The price of bisphenol A continued to decline, with the price close to the cost line and the decline slowed down
Since the end of September, the bisphenol A market has been declining and continues to decline. In November, the domestic bisphenol A market continued to weaken, but the decline slowed down. As the price gradually approaches the cost line and the market attention increases, some middlemen and do...Read more -
The spot supply is tight, and the price of acetone rebounds strongly
In recent days, the price of acetone in the domestic market has dropped continuously, until this week it began to rebound strongly. It was mainly because after returning from the National Day holiday, the price of acetone briefly warmed up and began to fall into a supply and demand game state. Af...Read more -
Market analysis of pure benzene, propylene, phenol, acetone and bisphenol A in October and future market outlook
In October, the phenol and ketone industry chain was in a strong shock as a whole. Only the MMA of downstream products declined in the month. The rise of other products was different, with MIBK rising most prominently, followed by acetone. In the month, the market trend of raw material pure benze...Read more
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