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BDO capacity has been released successively, and new capacity of maleic anhydride of million tons will enter the market soon
In 2023, the domestic maleic anhydride market will usher in the release of new product capacity such as maleic anhydride BDO, but it will also face the test of the first big year of production in the context of a new round of production expansion on the supply side, when the supply pressure may i...Read more -
The market price trend of butyl acrylate is good
The market price of butyl acrylate gradually stabilized after strengthening. The secondary market price in East China was 9100-9200 yuan/ton, and it was difficult to find a low price in the early stage. In terms of cost: the market price of raw acrylic acid is stable, n-butanol is warm, and the ...Read more -
The cyclohexanone market is down, and the downstream demand is insufficient
The international crude oil price rose and fell this month, and the listing price of pure benzene Sinopec decreased by 400 yuan, which is now 6800 yuan/ton. The supply of cyclohexanone raw materials is insufficient, the mainstream transaction price is weak, and the market trend of cyclohexanone i...Read more -
Analysis of butanone import and export in 2022
According to the export data in 2022, the domestic butanone export volume from January to October totaled 225600 tons, an increase of 92.44% over the same period last year, reaching the highest level in the same period in nearly six years. Only February’s exports were lower than last year&...Read more -
Insufficient cost support, poor downstream buying, weak adjustment of phenol price
Since November, the price of phenol in the domestic market has continued to decline, with the average price of 8740 yuan/ton by the end of the week. In general, the transportation resistance in the region was still in the last week. When the shipment of the carrier was blocked, the phenol offer w...Read more -
The bulk chemical market declined after a short rise, and may continue to be weak in December
In November, the bulk chemical market rose briefly and then fell. In the first half of the month, the market showed signs of inflection points: the “new 20″ domestic epidemic prevention policies were implemented; Internationally, the US expects the pace of interest rate increase to sl...Read more -
Analysis on import and export of MMA market in 2022
According to the statistics from January to October 2022, the import and export trade volume of MMA shows a downward trend, but the export is still larger than the import. It is expected that this situation will remain under the background that new capacity will continue to be introduced in the f...Read more -
Why is China’s chemical industry expanding its ethylene MMA (methyl methacrylate) plant?
On July 1, 2022, the commencement ceremony of the first phase of the 300,000 ton methyl methacrylate (hereinafter referred to as methyl methacrylate) MMA project of Henan Zhongkepu Raw and New Materials Co., Ltd. was held in Puyang Economic and Technological Development Zone, marking the applicat...Read more -
Weak propylene glycol price and weak supply and demand
Recently, due to the increase in supply, the price of raw materials has fallen, the downstream purchasing intention is sluggish, and the price of propylene glycol is still relatively weak, falling nearly 500 yuan/ton compared with the average price of last month and nearly 12000 yuan/ton compared...Read more -
propylene oxide market analysis, 2022 profit margin and monthly average price review
2022 was a relatively tough year for propylene oxide. Since March, when it was hit again by the new crown, most of the markets for chemical products have been sluggish under the influence of the epidemic in various regions. This year, there are still many variables in the market. With the launch ...Read more -
The analysis of propylene oxide market in November showed that the supply was favorable and the operation was slightly stronger
In the first week of November, Zhenhai Phase II and Tianjin Bohai Chemical Co., Ltd. were negatively operated due to the drop in the price of styrene, the drop in cost pressure, the drop in epidemic control in Jinling, Shandong Province, the shutdown of Huatai for maintenance, and the commencemen...Read more -
The epoxy resin market fell weakly last week, and what is the future trend
Last week, the epoxy resin market was weak, and the prices in the industry fell ceaselessly, which was generally bearish. In the week, the raw material bisphenol A operated at a low level, and the other raw material, epichlorohydrin, fluctuated downward in a narrow range. The overall raw materia...Read more
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