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The Chinese phenol market fell below 8000 yuan/ton, with narrow fluctuations filled with wait-and-see sentiment
In early November, the price center of the phenol market in East China fell below 8000 yuan/ton. Subsequently, under the influence of high costs, profit losses of phenolic ketone enterprises, and supply-demand interaction, the market experienced fluctuations within a narrow range. The attitude of...Read more -
EVA market prices are rising, and downstream demand is proceeding in a step-by-step manner
On November 7th, the domestic EVA market price reported an increase, with an average price of 12750 yuan/ton, an increase of 179 yuan/ton or 1.42% compared to the previous working day. The mainstream market prices have also seen an increase of 100-300 yuan/ton. At the beginning of the week, with ...Read more -
There are both positive and negative factors, and it is expected that the n-butanol market will rise first and then fall in the short term
On November 6th, the focus of the n-butanol market shifted upwards, with an average market price of 7670 yuan/ton, an increase of 1.33% compared to the previous working day. The reference price for East China today is 7800 yuan/ton, the reference price for Shandong is 7500-7700 yuan/ton, and the ...Read more -
The market trend of bisphenol A is weak: downstream demand is poor, and pressure on traders increases
Recently, the domestic bisphenol A market has shown a weak trend, mainly due to poor downstream demand and increased shipping pressure from traders, forcing them to sell through profit sharing. Specifically, on November 3rd, the mainstream market quotation for bisphenol A was 9950 yuan/ton, a dec...Read more -
What are the highlights and challenges in the performance review of the epoxy resin industry chain in the third quarter
As of the end of October, various listed companies have released their performance reports for the third quarter of 2023. After organizing and analyzing the performance of representative listed companies in the epoxy resin industry chain in the third quarter, we found that their performance prese...Read more -
In October, the contradiction between supply and demand of phenol intensified, and the impact of weak costs led to a downward trend in the market
In October, the phenol market in China generally showed a downward trend. At the beginning of the month, the domestic phenol market quoted 9477 yuan/ton, but by the end of the month, this number had dropped to 8425 yuan/ton, a decrease of 11.10%. From a supply perspective, in October, domestic...Read more -
In October, the acetone industry chain products showed a positive trend of decline, while in November, they may experience weak fluctuations
In October, the acetone market in China experienced a decline in upstream and downstream product prices, with relatively few products experiencing an increase in quantity. The imbalance between supply and demand and cost pressure have become the main factors causing the market to decline. From th...Read more -
Downstream procurement intention rebounds, driving up the n-butanol market
On October 26th, the market price of n-butanol increased, with an average market price of 7790 yuan/ton, an increase of 1.39% compared to the previous working day. There are two main reasons for the price increase. Against the backdrop of negative factors such as the inverted cost of downstrea...Read more -
Narrow range of raw materials in Shanghai, weak operation of epoxy resin
Yesterday, the domestic epoxy resin market continued to be weak, with BPA and ECH prices slightly rising, and some resin suppliers raised their prices driven by costs. However, due to insufficient demand from downstream terminals and limited actual trading activities, inventory pressure from vari...Read more -
The toluene market is weak and sharply declining
Since October, the overall international crude oil price has shown a downward trend, and the cost support for toluene has gradually weakened. As of October 20th, the December WTI contract closed at $88.30 per barrel, with a settlement price of $88.08 per barrel; The Brent December contract closed...Read more -
International conflicts escalate, downstream demand markets are sluggish, and the bulk chemical market may continue the downward trend of pullback
Recently, the tense situation of the Israeli-Palestinian conflict has made it possible for the war to escalate, which has to some extent affected the fluctuation of international oil prices, keeping them at a high level. In this context, the domestic chemical market has also been hit by both high...Read more -
Summary of Under Construction Projects of Vinyl Acetate in China
1、Project Name: Yankuang Lunan Chemical Co., Ltd. High end Alcohol Based New Materials Industry Demonstration Project Investment amount: 20 billion yuan Project Phase: Environmental Impact Assessment Construction content: 700000 tons/year methanol to olefin plant, 300000 tons/year ethylene ace...Read more
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