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Narrow range of raw materials in Shanghai, weak operation of epoxy resin
Yesterday, the domestic epoxy resin market continued to be weak, with BPA and ECH prices slightly rising, and some resin suppliers raised their prices driven by costs. However, due to insufficient demand from downstream terminals and limited actual trading activities, inventory pressure from vari...Read more -
The toluene market is weak and sharply declining
Since October, the overall international crude oil price has shown a downward trend, and the cost support for toluene has gradually weakened. As of October 20th, the December WTI contract closed at $88.30 per barrel, with a settlement price of $88.08 per barrel; The Brent December contract closed...Read more -
International conflicts escalate, downstream demand markets are sluggish, and the bulk chemical market may continue the downward trend of pullback
Recently, the tense situation of the Israeli-Palestinian conflict has made it possible for the war to escalate, which has to some extent affected the fluctuation of international oil prices, keeping them at a high level. In this context, the domestic chemical market has also been hit by both high...Read more -
Summary of Under Construction Projects of Vinyl Acetate in China
1、Project Name: Yankuang Lunan Chemical Co., Ltd. High end Alcohol Based New Materials Industry Demonstration Project Investment amount: 20 billion yuan Project Phase: Environmental Impact Assessment Construction content: 700000 tons/year methanol to olefin plant, 300000 tons/year ethylene ace...Read more -
The bisphenol A market rose and fell in the third quarter, but there was a lack of positive factors in the fourth quarter, with a clear downward trend
In the first and second quarters of 2023, the domestic bisphenol A market in China showed relatively weak trends and slid to a new five-year low in June, with prices dropping to 8700 yuan per ton. However, after entering the third quarter, the bisphenol A market experienced a continuous upward tr...Read more -
Acetone in stock is tight in the third quarter, with prices rising, and expected growth in the fourth quarter to be hindered
In the third quarter, most of the products in China’s acetone industry chain showed a fluctuating upward trend. The main driving force of this trend is the strong performance of the international crude oil market, which in turn has driven the strong trend of the upstream raw material market...Read more -
Analysis of the Development Status of Epoxy Resin Sealing Materials Industry
1、 Industry Status The epoxy resin packaging material industry is an important component of China’s packaging material industry. In recent years, with the rapid development of the logistics industry and the increasing requirements for packaging quality in fields such as food and medicine, ...Read more -
Weak raw materials and negative demand, resulting in a decline in polycarbonate market
In the first half of October, the domestic PC market in China showed a downward trend, with spot prices of various brands of PCs generally decreasing. As of October 15th, the benchmark price for the mixed PC of Business Society was approximately 16600 yuan per ton, a decrease of 2.16% from the ...Read more -
Market Analysis of China’s Chemical Products in the First Three Quarters of 2023
From October 2022 to mid 2023, prices in the Chinese chemical market generally declined. However, since mid 2023, many chemical prices have bottomed out and rebounded, showing a retaliatory upward trend. In order to gain a deeper understanding of the trend of the Chinese chemical market, we have ...Read more -
Intensified market competition, market analysis of epoxy propane and styrene
The total production capacity of epoxy propane is nearly 10 million tons! In the past five years, the production capacity utilization rate of epoxy propane in China has mostly remained above 80%. However, since 2020, the speed of production capacity deployment has accelerated, which has also le...Read more -
Jiantao Group’s 219000 tons/year phenol, 135000 tons/year acetone projects, and 180000 tons/year bisphenol A projects have been registered
Recently, He Yansheng, Executive Director of Jiantao Group, revealed that in addition to the 800000 tons of acetic acid project that has officially started construction, the 200000 tons of acetic acid to acrylic acid project is undergoing preliminary procedures. The 219000 tons of phenol project,...Read more -
Octanol prices have significantly increased, with short-term high volatility being the main trend
On October 7th, the price of octanol significantly increased. Due to stable downstream demand, enterprises just needed to restock, and mainstream manufacturers’ limited sales and maintenance plans further increased. Downstream sales pressure suppresses growth, and octanol manufacturers have...Read more
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