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Styrene prices rebounded after a deep drop in the third quarter, and there may be no need to be overly pessimistic in the fourth quarter
Styrene prices bottomed out in the third quarter of 2022 after a sharp decline, which was the result of a combination of macro, supply and demand and costs. In the fourth quarter, although there is some uncertainty about costs and supply and demand, but combined with the historical situation and ...Read more -
Continuing energy crisis affects propylene oxide, acrylic acid, TDI, MDI and other prices rose significantly in the second half of the year
As we all know, the ongoing energy crisis has posed a long-term threat to the chemical industry, especially the European market, which occupies a place in the global chemical market. Currently, Europe mainly produces chemical products such as TDI, propylene oxide and acrylic acid, some of which ...Read more -
Raw materials fell, isopropyl alcohol prices are blocked, short-term stability and wait and see
Domestic isopropyl alcohol prices rose in the first half of October. the average price of domestic isopropanol was RMB 7430/ton on October 1 and RMB 7760/ton on October 14. After the National Day, influenced by the sharp rise in crude oil during the holidays, the market was positive and the pri...Read more -
Strong n-butanol price action in October as market hits nearly two-month high
After n-butanol prices rose in September, relying on improving fundamentals, n-butanol prices remained strong in October. In the first half of the month, the market again hit a new high in the last two months, but resistance to the conduction of higher-priced butanol from downstream products emer...Read more -
China September phenol production statistics and analysis
In September 2022, China’s phenol production was 270,500 tons, up 12,200 tons or 4.72% YoY from August 2022 and 14,600 tons or 5.71% YoY from September 2021. In early September, Huizhou Zhongxin and Zhejiang Petrochemical Phase I phenol-ketone units resumed restarting one after another, wi...Read more -
The price of acetone keeps rising
After the National Day holiday by the impact of the holiday crude oil surge, acetone prices market mentality positive, open continuous pull up mode. According to Business News Service monitoring shows that on October 7 (i.e. before the holiday prices) the domestic acetone market average offer 575...Read more -
Butyl octanol market profit rebounded slightly, downstream demand was weak, and the short-term low volatility operation
Butyl octanol market prices fell significantly this year. The price of n-butanol broke through 10000 yuan/ton at the beginning of the year, dropped to less than 7000 yuan/ton at the end of September, and dropped to about 30% (it has basically fallen to the cost line). Gross profit also dropped to...Read more -
The domestic styrene market in the third quarter, a wide range of oscillation, the probability of shaking down in the fourth quarter
In the third quarter, the domestic styrene market has been widely oscillating, with the supply and demand sides of the markets in East China, South China and North China showing some differentiation, and frequent changes in inter-regional spreads, with East China still guiding the trends of the o...Read more -
Toluene diisocyanate prices rise, cumulative increase of 30%, MDI market up
Toluene diisocyanate prices began to rise again on September 28, up 1.3%, quoted at 19601 yuan/ton, a cumulative increase of 30% since August 3. After this period of increase, TDI price has been close to the high point of 19,800 yuan / ton in February this year. Under a conservative estimate, the...Read more -
Acetic acid and downstream facing cost pressure
1.Analysis of upstream acetic acid market trend The average price of acetic acid at the beginning of the month was 3235.00 yuan/ton, and the price at the end of the month was 3230.00 yuan/ton, an increase of 1.62%, and the price was 63.91% lower than last year. In September, the acetic acid marke...Read more -
Bisphenol A market rose strongly in September
In September, the domestic bisphenol A market rose steadily, showing an accelerated upward trend in the middle and late ten days. A week before the National Day holiday, with the start of the new contract cycle, the end of the downstream pre holiday goods preparation, and the slowdown of the two ...Read more -
Analysis of price trends of major bulk chemicals in China over the past 15 years
One of the most important indicators of volatility in the Chinese chemical market is price volatility, which to some extent reflects the fluctuations in the value of chemical products. In this paper, we will compare the prices of major bulk chemicals in China over the past 15 years and briefly an...Read more
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