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Supply and demand support, isooctanol market showing an upward trend
Last week, the market price of isooctanol in Shandong slightly increased. The average price of isooctanol in the mainstream market of Shandong increased by 1.85% from 8660.00 yuan/ton at the beginning of the week to 8820.00 yuan/ton at the weekend. Weekend prices decreased by 21.48% year-on-year...Read more -
Will styrene prices continue to decline after two consecutive months of decline?
From April 4th to June 13th, the market price of styrene in Jiangsu dropped from 8720 yuan/ton to 7430 yuan/ton, a decrease of 1290 yuan/ton, or 14.79%. Due to cost leadership, the price of styrene continues to decline, and the demand atmosphere is weak, which also makes the rise of styrene price...Read more -
Analysis of the main reasons for the “howling everywhere” in the Chinese chemical industry market in the past year
At present, the Chinese chemical market is howling everywhere. In the past 10 months, most chemicals in China have shown a significant decline. Some chemicals have decreased by over 60%, while the mainstream of chemicals has decreased by over 30%. Most chemicals have hit new lows in the past year...Read more -
The demand for chemical products in the market is lower than expected, and the prices of the upstream and downstream industries of bisphenol A have collectively declined
Since May, the demand for chemical products in the market has fallen short of expectations, and the periodic supply-demand contradiction in the market has become prominent. Under the transmission of the value chain, the prices of the upstream and downstream industries of bisphenol A have collecti...Read more -
The PC industry continues to make profits, and it is expected that domestic PC production will continue to increase in the second half of the year
In 2023, the concentrated expansion of China’s PC industry has come to an end, and the industry has entered a cycle of digesting existing production capacity. Due to the centralized expansion period of upstream raw materials, the profit of lower end PC has significantly increased, the profi...Read more -
Narrow range decline of epoxy resin continues
At present, the market demand follow-up is still insufficient, resulting in a relatively light inquiry atmosphere. The main focus of the holders is on single negotiation, but the trading volume appears to be exceptionally low, and the focus has also shown a weak and continuous downward trend. In...Read more -
The market price of bisphenol A is below 10000 yuan, or becomes normal
Throughout this year’s bisphenol A market, the price is basically lower than 10000 yuan (ton price, the same below), which is different from the glorious period of more than 20000 yuan in previous years. The author believes that the imbalance between supply and demand restricts the market,...Read more -
Insufficient upstream support for isooctanol, weakened downstream demand, or continued slight decline
Last week, the market price of isooctanol in Shandong slightly decreased. The average price of Shandong isooctanol in the mainstream market dropped from 9460.00 yuan/ton at the beginning of the week to 8960.00 yuan/ton at the weekend, a decrease of 5.29%. Weekend prices decreased by 27.94% year-o...Read more -
Acetone supply and demand are under pressure, making it difficult for the market to boost
On June 3rd, the benchmark price of acetone was 5195.00 yuan/ton, a decrease of -7.44% compared to the beginning of this month (5612.50 yuan/ton). With the continuous decline of the acetone market, terminal factories at the beginning of the month were mainly focused on digesting contracts, and p...Read more -
The urea market in China fell in May, causing increased price pressure due to delayed release of demand
The Chinese urea market showed a downward trend in price in May 2023. As of May 30th, the highest point of urea price was 2378 yuan per ton, which appeared on May 4th; The lowest point was 2081 yuan per ton, which appeared on May 30th. Throughout May, the domestic urea market continued to weaken,...Read more -
The trend of China’s acetic acid market is stable, and downstream demand is average
The domestic acetic acid market is operating on a wait-and-see basis, and there is currently no pressure on enterprise inventory. The main focus is on active shipments, while downstream demand is average. The market trading atmosphere is still good, and the industry has a wait-and-see mentality. ...Read more -
Analysis of the declining market situation of chemical products, styrene, methanol, etc
Last week, the domestic chemical product market continued to experience a downward trend, with the overall decline further expanding compared to the previous week. Analysis of the market trend of some sub indices 1. Methanol Last week, the methanol market accelerated its downward trend. Since las...Read more
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