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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 -
Octanol prices in China rose sharply, and plasticizer offers rose generally
On December 12, 2022, the domestic octanol price and its downstream plasticizer product prices rose significantly. Octanol prices rose 5.5% month on month, and the daily prices of DOP, DOTP and other products rose by more than 3%. Most enterprises’ offers rose significantly compared with l...Read more -
Bisphenol A market corrected slightly after falling
In terms of price: last week, the bisphenol A market experienced a slight correction after falling: as of December 9, the reference price of bisphenol A in East China was 10000 yuan/ton, down 600 yuan from the previous week. From the beginning of the week to the middle of the week, the bisphenol ...Read more -
The price of acrylonitrile keeps falling. What’s the future trend
Since the middle of November, the price of acrylonitrile has been falling endlessly. Yesterday, the mainstream quotation in East China was 9300-9500 yuan/ton, while the mainstream quotation in Shandong was 9300-9400 yuan/ton. The price trend of raw propylene is weak, the support on the cost side ...Read more -
Analysis of propylene glycol market price in 2022
As of December 6, 2022, the average ex factory price of domestic industrial propylene glycol was 7766.67 yuan/ton, down nearly 8630 yuan or 52.64% from the price of 16400 yuan/ton on January 1. In 2022, the domestic propylene glycol market experienced “three rises and three falls”, an...Read more -
Profit analysis of polycarbonate，how much can one ton earn?
Polycarbonate (PC) contains carbonate groups in the molecular chain. According to the different ester groups in the molecular structure, it can be divided into aliphatic, alicyclic and aromatic groups. Among them, the aromatic group has the most practical value. The most important one is bispheno...Read more -
The butyl acetate market is guided by the cost, and the price difference between Jiangsu and Shandong will return to the normal level
In December, the butyl acetate market was guided by the cost. The price trend of butyl acetate in Jiangsu and Shandong was different, and the price difference between the two decreased significantly. On December 2, the price difference between the two was only 100 yuan/ton. In the short term, und...Read more -
The PC market is confronted by many factors, and this week’s operation is dominated by shocks
Influenced by the continuous decline of raw materials and the market decline, the factory price of domestic PC factories dropped sharply last week, ranging from 400-1000 yuan/ton; Last Tuesday, the bidding price of Zhejiang factory fell 500 yuan/ton compared with last week. The focus of PC spot g...Read more
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