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The factory prices of chemical raw materials and products decreased by 9.4% year-on-year in the first half of the year
On July 10th, the PPI (Industrial Producer Factory Price Index) data for June 2023 was released. Affected by the continued decline in commodity prices such as oil and coal, as well as the high year-on-year comparison base, the PPI decreased both month on month and year on year. In June 2023, the ...Read more -
Why do the profits in the octanol market remain high despite the weak operation of the chemical market
Recently, many chemical products in China have experienced a certain degree of increase, with some products experiencing an increase of over 10%. This is a retaliatory correction after a cumulative decline of nearly a year in the early stage, and has not corrected the overall trend of market decl...Read more -
The spot market for acetic acid is tight, and prices are rising broadly
On July 7th, the market price of acetic acid continued to rise. Compared to the previous working day, the average market price of acetic acid was 2924 yuan/ton, an increase of 99 yuan/ton or 3.50% compared to the previous working day. The market transaction price was between 2480 and 3700 yuan/to...Read more -
The soft foam polyether market rose first and then fell, and is expected to gradually rebound after reaching a bottom in the second half of the year
In the first half of this year, the soft foam polyether market showed a trend of first rising and then falling, with the overall price center sinking. However, due to the tight supply of raw material EPDM in March and a strong rise in prices, the soft foam market continued to rise, with prices re...Read more -
The acetic acid market continued to decline in June
The price trend of acetic acid continued to decline in June, with an average price of 3216.67 yuan/ton at the beginning of the month and 2883.33 yuan/ton at the end of the month. The price decreased by 10.36% during the month, a year-on-year decrease of 30.52%. The price trend of acetic acid has...Read more -
Weak sulfur price trend in June
In June, the sulfur price trend in East China rose first and then fell, resulting in a weak market. As of June 30th, the average ex factory price of sulfur in the East China sulfur market is 713.33 yuan/ton. Compared to the average factory price of 810.00 yuan/ton at the beginning of the month, i...Read more -
Downstream market rebounds, octanol market prices rise, what will happen in the future?
Last week, the market price of octanol increased. The average price of octanol in the market is 9475 yuan/ton, an increase of 1.37% compared to the previous working day. Reference prices for each main production area: 9600 yuan/ton for East China, 9400-9550 yuan/ton for Shandong, and 9700-9800 yu...Read more -
What is the market trend of isopropanol in June?
The domestic market price of isopropanol continued to decline in June. On June 1st, the average price of isopropanol was 6670 yuan/ton, while on June 29th, the average price was 6460 yuan/ton, with a monthly price decrease of 3.15%. The domestic market price of isopropanol continued to decline ...Read more -
Analysis of acetone market, insufficient demand, market prone to decline but difficult to rise
In the first half of the year, the domestic acetone market rose first and then fell. In the first quarter, acetone imports were scarce, equipment maintenance was concentrated, and market prices were tight. But since May, commodities have generally declined, and downstream and end markets have bee...Read more -
Domestic MIBK production capacity continues to expand in the second half of 2023
Since 2023, the MIBK market has experienced significant fluctuations. Taking the market price in East China as an example, the amplitude of high and low points is 81.03%. The main influencing factor is that Zhenjiang Li Changrong High Performance Materials Co., Ltd. ceased operating MIBK equipmen...Read more -
The price of the chemical market continues to fall. Why is the profit of vinyl acetate still high
The chemical market prices have continued to decline for about half a year. Such a prolonged decline, while oil prices remain high, has led to an imbalance in the value of most links in the chemical industry chain. The more terminals in the industrial chain, the greater the pressure on the cost o...Read more -
Phenol market rose and fell sharply in June. What’s the trend after the Dragon Boat Festival?
In June 2023, the phenol market experienced a sharp rise and fall. Taking the outbound price of East China ports as an example. At the beginning of June, the phenol market experienced a significant decline, dropping from a taxed ex-warehouse price of 6800 yuan/ton to a low point of 6250 yuan/ton,...Read more
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