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Supply and demand imbalance, MMA prices skyrocket! Enterprise profits skyrocket 11 times
1、 MMA market prices hit a new high Recently, the MMA (methyl methacrylate) market has once again become the focus of the industry, with prices showing a strong upward trend. According to Caixin News Agency, in early August, several chemical giants including Qixiang Tengda (002408. SZ), Dongf...Read more -
The prices of xylene in East China and Shandong have both fallen, and the supply-demand contradiction has intensified. How to break through the situation in the future market
1、 Market Overview and Trends Since mid July, the domestic xylene market has undergone significant changes. With the weak downward trend in raw material prices, previously shut down refinery units have been put into production, while downstream industry demand has not been effectively matched,...Read more -
The epoxy resin market is strong, with both cost pressure and insufficient demand coexisting
1、 Market Focus 1. The epoxy resin market in East China remains strong Yesterday, the liquid epoxy resin market in East China showed relatively strong performance, with mainstream negotiated prices remaining within the range of 12700-13100 yuan/ton of purified water leaving the factory. This p...Read more -
Analysis of MMA Industry Chain Capacity, Demand, and Competitive Landscape
1、 The trend of continuous increase in MMA production capacity In recent years, China’s MMA (methyl methacrylate) production capacity has shown a significant increasing trend, growing from 1.1 million tons in 2018 to 2.615 million tons currently, with a growth rate of nearly 2.4 times. T...Read more -
New Trends in Acrylonitrile Market: Challenges of Supply and Demand Balance under Capacity Expansion
1、 Market situation: Profit drops near the cost line and trading center fluctuates Recently, the acrylonitrile market has experienced a rapid decline in the early stages, and industry profits have fallen near the cost line. In early June, although the decline in the acrylonitrile spot market s...Read more -
Phenol Ketone Market June Report: Price Changes under the Game of Supply and Demand
1. Price Analysis Phenol market: In June, phenol market prices showed an overall upward trend, with the monthly average price reaching RMB 8111/tonne, up RMB 306.5/tonne from the previous month, a significant increase of 3.9%. This upward trend is mainly attributed to the tight supply in t...Read more -
Rising costs and tightening supply are turning the acrylonitrile market around?
1、 Market Overview Recently, after nearly two months of continuous decline, the decline in the domestic acrylonitrile market has gradually slowed down. As of June 25th, the domestic market price of acrylonitrile has remained stable at 9233 yuan/ton. The early decline in market prices was mainl...Read more -
2024 MMA Market Analysis: Oversupply, Prices May Fall Back
1、 Market Overview and Price Trends In the first half of 2024, the domestic MMA market experienced a complex situation of tight supply and price fluctuations. On the supply side, frequent device shutdowns and load shedding operations have led to low operating loads in the industry, while inter...Read more -
Octanol rises aggressively, while DOP follows suit and falls again? How can I get to the aftermarket?
1、 Octanol and DOP market rise significantly before the Dragon Boat Festival Before the Dragon Boat Festival, the domestic octanol and DOP industries experienced a significant rise. The market price of octanol has risen to over 10000 yuan, and the market price of DOP has also risen synchronou...Read more -
What is the profit outlook for the phenolic ketone industry chain as prices rise?
1、 The overall price increase in the phenolic ketone industry chain Last week, the cost transmission of the phenolic ketone industry chain was smooth, and most product prices showed an upward trend. Among them, the increase in acetone was particularly significant, reaching 2.79%. This is main...Read more -
New Trends in PE Prices: Policy Support, Increased Market Speculation Enthusiasm
1、 Review of the PE market situation in May In May 2024, the PE market showed a fluctuating upward trend. Although the demand for agricultural film declined, downstream rigid demand procurement and macro positive factors jointly drove the market up. Domestic inflation expectations are high, a...Read more -
The Chinese chemical import and export market has exploded, creating new opportunities for the $1.1 trillion market
1、 Overview of Import and Export Trade in China’s Chemical Industry With the rapid development of China’s chemical industry, its import and export trade market has also shown explosive growth. From 2017 to 2023, the amount of China’s chemical import and export trade has incre...Read more
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