-
The capacity growth of acrylonitrile production is expected to reach 26.6% in 2023, and the pressure of supply and demand may increase!
In 2022, China’s acrylonitrile production capacity will increase by 520000 tons, or 16.5%. The growth point of downstream demand is still concentrated in the ABS field, but the consumption growth of acrylonitrile is less than 200000 tons, and the pattern of oversupply of acrylonitrile indus...Read more -
In the first ten days of January, the bulk chemical raw material market rose and fell by half, the prices of MIBK and 1.4-butanediol rose by more than 10%, and acetone fell by 13.2%
In 2022, the international oil price rose sharply, the natural gas price in Europe and the United States rose sharply, the contradiction between coal supply and demand intensified, and the energy crisis intensified. With the repeated occurrence of domestic health events, the chemical market has e...Read more -
According to the analysis of toluene market in 2022, it is expected that there will be a stable and volatile trend in the future
In 2022, the domestic toluene market, driven by cost pressure and strong domestic and foreign demand, showed a broad rise in market prices, hitting the highest level in nearly a decade, and further promoted the rapid increase of toluene exports, becoming a normalization. In the year, toluene beca...Read more -
The price of bisphenol A continues to run in a weak position, and the market growth exceeds the demand. The future of bisphenol A is under pressure
Since October 2022, the domestic bisphenol A market has declined sharply, and remained depressed after the New Year’s Day, making the market difficult to fluctuate. As of January 11, the domestic bisphenol A market fluctuated sideways, the wait-and-see attitude of market participants remain...Read more -
Due to the shutdown of large plants, the supply of goods is tight, and the price of MIBK is firm
After the New Year’s Day, the domestic MIBK market continued to rise. As of January 9, the market negotiation had increased to 17500-17800 yuan/ton, and it was heard that the market bulk orders had been traded to 18600 yuan/ton. The national average price was 14766 yuan/ton on January 2, an...Read more -
According to the summary of acetone market in 2022, there may be a loose supply and demand pattern in 2023
After the first half of 2022, the domestic acetone market formed a deep V comparison. The impact of supply and demand imbalance, cost pressure and external environment on market mentality is more obvious. In the first half of this year, the overall price of acetone showed a downward trend, and t...Read more -
Analysis of cyclohexanone market price in 2022 and market trend in 2023
The domestic market price of cyclohexanone fell in the high fluctuation in 2022, showing a pattern of high before and low after. As of December 31, taking the delivery price in the East China market as an example, the overall price range was 8800-8900 yuan/ton, down 2700 yuan/ton or 23.38...Read more -
In 2022, the supply of ethylene glycol will exceed the demand, and the price will hit new lows. What is the market trend in 2023?
In the first half of 2022, the domestic ethylene glycol market will fluctuate in the game of high cost and low demand. In the context of the conflict between Russia and Ukraine, the price of crude oil continued to soar in the first half of the year, leading to the soaring price of raw materials ...Read more -
According to the analysis of China’s MMA market in 2022, the oversupply will gradually highlight, and the capacity growth may slow down in 2023
In recent five years, China’s MMA market has been in the stage of high capacity growth, and the oversupply has gradually become prominent. The obvious feature of 2022MMA market is capacity expansion, with capacity increasing by 38.24% year on year, while the output growth is limited by insu...Read more -
Summary of annual bulk chemical industry trend in 2022, analysis of aromatics and downstream market
In 2022, chemical bulk prices will fluctuate widely, showing two waves of rising prices from March to June and from August to October respectively. The rise and fall of oil prices and the demand boost in the golden nine silver ten peak seasons will become the main axis of chemical price fluctuati...Read more -
How will the development direction of the chemical industry be adjusted in the future when the global situation is accelerating?
The global situation is changing rapidly, affecting the chemical location structure formed in the past century. As the largest consumer market in the world, China is gradually undertaking the important task of chemical transformation. The European chemical industry continues to develop towards hi...Read more -
The price of cost bisphenol A collapsed, and the PC was sold off at a reduced price, with a sharp drop of more than 2000 yuan in a month
PC prices have continued to fall in recent three months. The market price of Lihua Yiweiyuan WY-11BR Yuyao has dropped 2650 yuan/ton in recent two months, from 18200 yuan/ton on September 26 to 15550 yuan/ton on December 14! Luxi Chemical’s lxty1609 PC material has dropped from 18150 yuan/...Read more