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Crude oil falls below the $90 mark, a variety of chemical raw materials plunged
Crude oil falls below the $90 mark Iran said this morning that it has issued a formal response to the draft text of the nuclear deal proposed by the European Union and that an Iranian nuclear deal may be reached, according to foreign media sources. Iran’s position on the latest draft deal h...Read more -
Glacial acetic acid supply is at a high level, the lack of downstream demand, the market is more negative, it is not easy to pull up prices
The overall supply of glacial acetic acid market in August is high, and some downstream is in the off-season, so the demand for acetic acid may be limited. As there are fewer overhaul enterprises this month, only Shanghai Huayi and Dalian Hengli have overhaul plans, the supply remains high, and t...Read more -
The policy + high-temperature plasticizing market rebounded slightly, and the prices of bisphenol A and PC manufacturers increased; International energy shortage, large overseas manufacturers issue...
Policy + high temperature weather, the domestic plasticizing market rebounded slightly Since June, with the increase of high temperature weather, the sales volume of JD home appliances and air conditioners has increased by more than 400% month on month. The top 5 regions of JD air conditioning sa...Read more -
Butanone market domestic and foreign demand is weak, the market fell sharply
In July, the domestic butanone market by the domestic and foreign demand shortage, the market showed a sharp downward trend, prices fell below the cost line, some factory installations to reduce production or parking, to ease the supply pressure, superimposed on the end of the month phase to fill...Read more -
G7 countries consider a worldwide embargo on Russian oil products and over 30 giant companies announce price increases!
Recently, the global situation is in a state of tension. In a statement, the G7 countries said they are considering a global embargo on Russian oil and petroleum products unless there is a purchase price equal to or lower than the price negotiated with international partners, according to Rosatom...Read more -
Phenol and ketone industry chain in July market analysis, phenol rebounded after the explosion, the average monthly price of bisphenol A fell 18.45% ringgit
July phenol ketone industry chain product market overall weak. Upstream raw materials pure benzene overall downward trend, the port pure benzene inventory to maintain a low level, but crude oil and pure benzene foreign exchange up and down, the downstream price pressure sentiment is unabated, 4.4...Read more -
Bisphenol A prices fall to low levels as market rebounds narrowly to the upside
Recently, the price of bisphenol A rebounded upward from the low level. Although the two downstream factories start to improve, epoxy resin start rate of nearly 50%, PC start rate of 60% above, but the bisphenol A to maintain the contract consumption or inventory management, a small number of sma...Read more -
Methyl methacrylate MMA market, August began to stop falling and stabilizing
The domestic methyl methacrylate market as a whole has experienced a downward trend of finishing since July, and the recent market has gradually stopped and stabilized, the overall market operation has maintained a finishing operation, low-end offers are gradually heard less and less, and the ove...Read more -
Styrene prices are affected by the macro shock up, but the supply and demand side of the weak suppression, is expected to fall in the short term or mainly
Styrene market weekly prices last week began to shake up mid-week, rising for the following reasons. 1. a boost in demand for short-coverage in the off-month market delivery. 2. international oil prices and commodity rebound. By the 27th delivery atmosphere is basically over, the spot began to co...Read more -
Polycarbonate (PC) market overall downward trend in 2022, supply exceeds demand, competition will be more intense
In 2022 the polycarbonate (PC) market as a whole for the downward trend, the decline intensified in June, the market broke down. July the domestic PC market decline gradually narrowed, the upstream bisphenol A market stopped falling, the cost side of the PC support effect is not strong. The suppl...Read more -
MMA market in 2022 showed a trend of rising before falling, and domestic demand and exports are expected to determine the market direction later
The MMA market in the first half of 2022 showed a trend of first up and then down. The geopolitical situation caused international crude oil prices to rise sharply, which in turn made costs climb leading to a series of losses in the C4 process, so even with the launch of three sets of new capacit...Read more -
Acetic acid market was high before and low after, down 32.96%
In the first half of the year, the trend of the acetic acid market was just the opposite of that of the same period last year, showing a high before and a low after, with an overall decline of 32.96%. The dominant factor driving the acetic acid market down was the mismatch between supply and dema...Read more
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