ECHEMI Analysis

Recently, New Zealand Commerce Commission approved the acquisition, which meant that the progress was half done. Tronox will be the world’s largest producer of titanium dioxide

• Titanium Dioxide
• Tronox

In 2017, it was hard for the phthalic anhydride market to reach above RMB 8,000/mt. In Q1, 2017, the phthalic anhydride market fell from RMB 8,000/mt to RMB 6,400/mt in two months,

• Phthalic Anhydride

The Chinese PM/PMA market was weak this week. Though most PM/PMA producers operated on a low workload and supply was modest, the mainstream negotiation in several areas still declined.

• PM
• PMA

The Chinese MDI market increased dramatically. Up to September 7, the mainstream negotiation price of TDI was in the range of RMB 35,000-35,500/mt by cash in the Chinese market, which was up RMB 5,000/mt and the increase rate was 16.53%.

• MDI

The TDI price was stable this week. The TDI prices in North and East China were range-bound, while these in South China decreased slightly.

• TDI

The overall supply is not high and the demand for CPL may increase. It is predicted that the CPL market may inch up next week.

• Cyclohexanone
• Caprolactam

The PA market rebounded this week. The prices for PA produced via o-xylene were RMB 6,700/mt in East China, up RMB 300/mt or 4.69% from last week.

• Phthalic Anhydride

The Chinese dichloromathane market jumped this week. As the sales in last week was active, the the high inventories decreased greatly.

• Dichloromethane

The Chinese acrylic latex market remained stable this week. Prices of butyl acrylate moved up and the MMA market moved marginally.

• Acrylic Latex
• MMA
• Butyl Acrylate

The Chinese cyclohexanone market continued increasing this week. International benzene market prices fluctuated higher, and Sinopec ‘s posted prices remained at RMB 6,400/mt.

• Cyclohexanone
• Benzene

The Chinese sec-butyl acetate market was firm and prices for some goods increased slightly this week.

• Sec-Butyl Acetate

The Chinese rutile titanium dioxide market was largely stable this week. Some titanium dioxide producers raised offers, the dealing prices in the market remained stable.

• Titanium Dioxide

The Chinese polymeric MDI jumped again recently. Up to September 4, the mainstream negotiation prices were in the range of RMB 32,000-33,000/mt.

• MDI
• Hydrochloric Acid
• Polyurethane

At the end of August, because of a fire and power outage at Europe’s largest refinery, Pernis , the 90kt/a butanone unit was shut passively. This intensified the tight supply of butanone in the European market.

• Butanone

The prices fluctuated in the range of RMB 8,000-10,000/mt. However, with the prices hitting the highest, the market started to cool. What are the real rules in the PG market?

• Propylene Glycol
• PO

The ethylene oxide (EO) prices increased for four times this month. The EO settlement price in East China was RMB 9,800/mt, which was up 8% M-O-M.

• EO

The ethylene glycol market inched down first and then moved up in August 2017. In September, the supply and demand is the major influencing factor.

• Ethylene Glycol
• Polyester

The ethylene glycol market was mainly influenced by the supply. At the beginning of August, the ethylene glycol market went up. But...

• Ethylene Glycol
• Polyester

The acetone market fluctuated marginally this week, which decreased first and then decreased slightly.

The Chinese adipic acid market moved up this week. In this week, Sinopec raised benzene prices again by RMB 200/mt,

• Adipic Acid
• Benzene