Collection: Market Price & Insight

DMF is in and out of trouble now that the...

DMF is in and out of trouble now that the double holiday season is over
After the holiday season, the price of DMF has been fluctuating in China. The operating rate of DMF factories has remained stable, with some operating normally and others at reduced capacity. The industry's operating rate has increased compared to before the holiday, but inventory pressure continues to rise. Demand has been lower than expected, with downstream manufacturers still consuming pre-holiday stockpiles. As the price declines, some industries seek lower prices for restocking, leading to a small rebound in the market. However, the market is not sustainable due to inventory pressure. In the future, the DMF industry in China is expected to undergo reshuffling, with limited growth in downstream demand. The market is expected to consolidate and operate within a range.
Continue


Post-holiday supply-side news intensive release TDI market strong rise

Post-holiday supply-side news intensive release TDI market strong rise
According to the commodity market analysis system, the price of TDI in the East China region continued to rise this week, driven by strong performance in the domestic market and news of TDI plant maintenance. As a result, TDI prices increased significantly. The operating status of domestic TDI plants is provided, with some undergoing maintenance. In the upstream market, the price of toluene declined due to weak demand and increased inventory. Looking ahead, TDI prices are expected to consolidate at a high level in the short term, supported by suppliers and monitored by downstream industries.
Continue


Cyclohexanone market sentiment narrowly consolidated

Cyclohexanone market sentiment narrowly consolidated
According to the Business Society's Commodity Market Analysis System, the average price of cyclohexanone in the domestic market decreased by 0.09% from October 7th to 12th. The price of raw material pure benzene showed weak volatility, and major production companies lowered their listed prices. The supply of cyclohexanone is limited due to maintenance at major production companies. The demand for cyclohexanone is bearish, mainly due to the downward shift in the price of caprolactam, one of its main downstream products. The future market for cyclohexanone is predicted to undergo consolidation in the short term.
Continue


Isopropyl alcohol market prices fell this week (10.9-10.13)

Isopropyl alcohol market prices fell this week (10.9-10.13)
According to the monitoring data, the market price of isopropanol (IPA) has dropped this week, along with the prices of acetone and propylene. The decline in prices is attributed to weak trading sentiment, cautious downstream buyers, and a decrease in purchasing enthusiasm. It is predicted that the IPA market will remain weak in the short term due to the overall weak cost support and cautious market transactions.
Continue


Maleic Anhydride industry chain intelligence on October 13

Maleic Anhydride industry chain intelligence on October 13
The Maleic Anhydride industry chain index decreased on October 13, with a significant decrease from the highest point in the cycle. HSBC Petrochemical Maleic Anhydride prices slightly decreased, and production was suspended at a plant. OPEC maintains its global crude oil growth forecast for 2023 and 2024. Liquefied gas prices have reversed gains due to weakening demand. The hydrogenated benzene market is declining, and the BDO market shows a weak and sluggish performance.
Continue


Methylene chloride price shocks down due to slow release of...

Methylene chloride price shocks down due to slow release of terminal demand
The domestic dichloromethane market experienced a significant decline this week, with prices falling in various regions. In Shandong province, the average price fell by 140 yuan/ton to 2927 yuan/ton, a weekly decline of -4.56%. The price in East China fell to 2903 yuan/ton, a decline of -4.03%, while the average price of drummed goods in Jinling, South China fell to 3958 yuan/ton, a decline of -2.99%.
Continue


Domestic phthalic anhydride market price trend down this week (10.7-10.13)

Domestic phthalic anhydride market price trend down this week (10.7-10.13)
This week (2023/9/11-2023/9/15) the chemical sector overall performance ranked 16th, down -0.55%, the trend is in the middle of the overall market trend. The SSE Composite Index rose +0.03%, GEM Index fell -2.29%, the Shenwan chemical sector lost the SSE Composite Index by 0.58 percentage points, outperformed the GEM Index by 1.75 percentage points.
Continue


Propylene glycol industry chain is weak and wait-and-see

Propylene glycol industry chain is weak and wait-and-see
The short-term price fluctuations of propylene glycol are limited, with a weak adjustment expected in the market. Factors such as weak downstream demand, loose supply, limited cost support from raw materials, and a decline in related products contribute to the downward pressure on propylene glycol prices. Export orders provide some support, but overall attention should be given to changes in supply and demand dynamics.
Continue


Basic chemical industry weekly report: oil prices fell, butadiene, o-nitrochlorinated...

Basic chemical industry weekly report: oil prices fell, butadiene, o-nitrochlorinated benzene, propylene oxide, perchloroethylene and other products prices rose-230312
The document provides key focuses in the basic chemicals and petrochemicals sectors, along with weekly industry updates. It highlights core assets and key areas of interest in the chemical industry, such as titanium dioxide, carbon fiber, zeolite/OLED, and pesticides. The document also discusses the impact of OPEC+ production cuts, non-OPEC production, and global macroeconomic risks on oil prices in the petrochemical sector. Additionally, it mentions the stability of the chemical price index, fluctuations in raw material and finished product prices, and the decrease in oil prices due to economic growth concerns and expectations of a hawkish policy from the Federal Reserve. The summary emphasizes the importance of monitoring non-OPEC production, integrating the polyester industry chain, and considering private refining and petrochemical companies. Notable companies in this sector include Rongsheng Petrochemical, Dongfang Shenghong, Satellite Chemistry, Tongkun Co., Ltd., Hengli Petrochemical, and Baofeng Energy.
Continue


Adipic acid industry chain intelligence on September 20

Adipic acid industry chain intelligence on September 20
On September 20th, the adipic acid industry chain index decreased slightly compared to the previous day, but it has increased significantly compared to its lowest point in 2016. International crude oil futures also experienced a slight decrease after rising for three consecutive days. Some adipic acid production units in China are undergoing maintenance, causing delays in operations. Additionally, some cyclohexanone manufacturers in the Shandong region are maintaining stable prices.
Continue


January 6, 2023 National Benzyl Alcohol Price Latest Quotes Forecast

January 6, 2023 National Benzyl Alcohol Price Latest Quotes Forecast
According to the latest monitoring, the average price of benzyl alcohol in China has decreased by 2.29% compared to the previous quoted price. The highest quoted price is 17,500.0 yuan/ton and the lowest quoted price is 16,000.0 yuan/ton. The price of benzyl alcohol (200 kg/drum, national standard) remains the same. This data is sourced from the China Reporting Hall Data Center and is for reference only.
Continue