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During the May Day period, WTI crude oil plummeted by over 11.3%. What is the future trend?
During the May Day holiday, the international crude oil market as a whole fell, with the US crude oil market falling below $65 per barrel, with a cumulative decline of up to $10 per barrel. On the one hand, the Bank of America incident once again disrupted risky assets, with crude oil experiencin...Read more -
Insufficient supply and demand support, continuous decline in the ABS market
During the holiday period, international crude oil plummeted, styrene and butadiene closed lower in the US dollar, some ABS manufacturers’ quotes fell, and petrochemical companies or accumulated inventory, causing bearish impacts. After May Day, the overall ABS market continued to show a do...Read more -
Cost support, epoxy resin rose at the end of April, expected to rise first and then decline in May
In mid to early April, the epoxy resin market continued to be sluggish. Towards the end of the month, the epoxy resin market broke through and rose due to the impact of rising raw materials. At the end of the month, the mainstream negotiation price in East China was 14200-14500 yuan/ton, and the ...Read more -
The supply of bisphenol A in the market is tightening, and the market is rising above 10000 yuan
Since 2023, the recovery of terminal consumption has been slow, and downstream demand has not followed up enough. In the first quarter, a new production capacity of 440000 tons of bisphenol A was put into operation, highlighting the supply-demand contradiction in the bisphenol A market. The raw m...Read more -
Market Analysis of Acetic Acid in April
In early April, as the domestic acetic acid price approached the previous low point again, downstream and traders’ purchasing enthusiasm increased, and the transaction atmosphere improved. In April, the domestic acetic acid price in China once again stopped falling and rebounded. However, d...Read more -
Pre holiday stocking may boost the trading atmosphere in the epoxy resin market
Since late April, the domestic epoxy propane market has once again fallen into a trend of interval consolidation, with a lukewarm trading atmosphere and a continuous supply-demand game in the market. Supply side: The Zhenhai refining and chemical plant in East China has not yet resumed, an...Read more -
Production process and preparation method of dimethyl carbonate (DMC)
Dimethyl carbonate is an important organic compound widely used in chemical industry, medicine, electronics and other fields. This article will introduce the production process and preparation method of dimethyl carbonate. 1、 Production process of dimethyl carbonate The production process...Read more -
Ethylene overcapacity, petrochemical industry reshuffle differentiation coming
In 2022, China’s ethylene production capacity reached 49.33 million tons, has surpassed the United States, becoming the world’s largest ethylene producer, ethylene has been regarded as a key indicator to determine the production level of the chemical industry. It is expected that by 2...Read more -
Bisphenol A quarter oversupply situation is obvious, the second quarter supply and demand and cost game continues
1.1 First quarter BPA market trend analysis In the first quarter of 2023, the average price of bisphenol A in East China market was 9,788 yuan / ton, -21.68% YoY, -44.72% YoY. 2023 January-February bisphenol A fluctuates around the cost line at 9,600-10,300 yuan / ton. In early January, along wit...Read more -
Acrylonitrile prices fell year-on-year, the second quarter chain trend is still not optimistic
In the first quarter, acrylonitrile chain prices declined year-on-year, the pace of capacity expansion continued, and most products continued to lose money. 1. Chain prices declined year-on-year in the first quarter In the first quarter, acrylonitrile chain prices declined year-on-year, and only ...Read more -
Styrolution market demand sluggish price continued downward, limited favorable, short-term still remain weak
On April 10, Sinopec’s East China plant concentrated on a 200 yuan / ton cut to implement 7450 yuan / ton, Sinopec’s North China phenol offer cut by 100 yuan / ton to implement 7450 yuan / ton, the major mainstream market continued to fall. According to the market analysis system of t...Read more -
What are the commonly used rubber antioxidants?
Amine antioxidants, amine antioxidants are mainly used to inhibit thermal oxygen aging, ozone aging, fatigue aging and heavy metal ion catalytic oxidation, the protection effect is exceptional. Its disadvantage is the pollution, according to the structure can be further divided into: Phenyl napht...Read more
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