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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 -
The cycle of destocking is slow, and PC prices fall slightly in the short term
According to statistics, the total spot trading volume of Dongguan market in October 2022 was 540400 tons, a month on month decrease of 126700 tons. Compared with September, PC spot trading volume dropped significantly. After the National Day, the focus of raw material bisphenol a report remained...Read more -
Under the target of “double carbon”, which chemicals will break out in the future
On October 9, 2022, the National Energy Administration issued the Notice on the Action Plan for Carbon Neutralization Standardization of the Energy Carbon Summit. According to the work objectives of the Plan, by 2025, a relatively complete energy standard system will be initially established, whi...Read more -
The new capacity of 850,000 tons of propylene oxide will be put into production soon, and some enterprises will reduce production and guarantee price
In September, propylene oxide, which caused a large-scale production reduction due to the European energy crisis, attracted the attention of the capital market. However, since October, the concern of propylene oxide has declined. Recently, the price has risen and fallen back, and corporate profit...Read more -
Downstream purchasing atmosphere has warmed up, supply and demand have been supported, and the butanol and octanol market has rebounded from the bottom
On October 31, the butanol and octanol market hit the bottom and rebounded. After the octanol market price dropped to 8800 yuan/ton, the buying atmosphere in the downstream market recovered, and the inventory of the mainstream octanol manufacturers was not high, thus driving up the market price o...Read more -
Propylene glycol market price rebounded in a narrow range, and it is still difficult to maintain stability in the future
The propylene glycol price fluctuated and fell this month, as shown in the above trend chart of propylene glycol price. In the month, the average market price in Shandong was 8456 yuan/ton, 1442 yuan/ton lower than the average price last month, 15% lower, and 65% lower than the same period last ...Read more -
Acrylonitrile prices rose sharply, the market is favorable
The Acrylonitrile prices rose sharply during the Golden Nine and Silver Ten. As of October 25, the bulk price of acrylonitrile market was RMB 10,860/ton, up 22.02% from RMB 8,900/ton in early September. Since September, some domestic acrylonitrile enterprises stopped . Load shedding operation, a...Read more -
The phenol market is weak and volatile, and the subsequent supply and demand impact is still dominant
The domestic phenol market was weak and volatile this week. During the week, the port inventory was still at a low level. In addition, some factories were limited in picking up phenol, and the supply side was not sufficient temporarily. In addition, the traders’ holding costs were high, and...Read more
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