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Behind the decline in epoxy propane prices: a double-edged sword of oversupply and weak demand
1、 In mid October, the price of epoxy propane remained weak In mid October, the domestic epoxy propane market price remained weak as expected, showing a weak operating trend. This trend is mainly influenced by the dual effects of steady increase in the supply side and weak demand side. &n...Read more -
New trend in bisphenol A market: raw material acetone rises, downstream demand is difficult to boost
Recently, the bisphenol A market has experienced a series of fluctuations, influenced by the raw material market, downstream demand, and regional supply and demand differences. 1、 Market dynamics of raw materials 1. Phenol market fluctuates sideways Yesterday, the domestic phenol market mainta...Read more -
2024 Chinese chemical market: profit decline, what is the future?
1、 Overview of overall operational status In 2024, the overall operation of China’s chemical industry is not good under the influence of the overall environment. The profitability level of production enterprises has generally decreased, the orders of trade enterprises have decreased, and t...Read more -
The export volume of butanone market is stable, and there may be a possibility of production reduction in the fourth quarter
1、 The export volume of butanone remained stable in August In August, the export volume of butanone remained at around 15000 tons, with little change compared to July. This performance exceeded previous expectations of poor export volume, demonstrating the resilience of the butanone export mar...Read more -
New Trends in the Bisphenol A Market: Raw Material Decline, Downstream Differentiation, How to Look at the Future Market?
1、 Market Overview Last Friday, the overall chemical market showed a stable but weakening trend, especially with a significant decrease in trading activity in the raw material phenol and acetone markets, and prices showing a bearish trend. At the same time, downstream products such as epoxy resi...Read more -
Can the Bisphenol A market see a turning point in the fourth quarter, despite being a golden nine?
1、 Market price fluctuations and trends In the third quarter of 2024, the domestic market for bisphenol A experienced frequent fluctuations within the range, and eventually showed a bearish trend. The average market price for this quarter was 9889 yuan/ton, an increase of 1.93% compared to the p...Read more -
The ABS market remains sluggish, what is the future direction?
1、 Market Overview Recently, the domestic ABS market has continued to show a weak trend, with spot prices continuously falling. According to the latest data from the Commodity Market Analysis System of Shengyi Society, as of September 24th, the average price of ABS sample products has fallen t...Read more -
Market differentiation of bisphenol A intensifies: prices rise in East China, while prices generally decline in other regions
1、 Changes in industry gross profit and capacity utilization rate This week, although the average gross profit of the bisphenol A industry is still in the negative range, it has improved compared to last week, with an average gross profit of -1023 yuan/ton, a month on month increase of 47 yuan...Read more -
MIBK market hits cold, prices plummet by 30%! Industry winter under supply-demand imbalance?
Market Overview: MIBK Market Enters Cold Period, Prices Fall Significantly Recently, the trading atmosphere of MIBK (methyl isobutyl ketone) market has significantly cooled down, especially since July 15th, the MIBK market price in East China has continued to decline, dropping from the original 1...Read more -
PTA prices hit a new low, and the market may experience weak fluctuations in the future
1、 Market Overview: PTA Prices Set a New Low in August In August, the PTA market experienced a significant wide decline, with prices hitting a new low for 2024. This trend is mainly attributed to the significant accumulation of PTA inventory in the current month, as well as the difficulty in e...Read more -
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