ECHEMI Analysis

The Chinese acrylic latex market was stable this week, though butyl acrylate market went up slightly. MMA prices continued the uptrend.

• MMA
• Acrylic Latex

According to National Development and Reform Commission, the volume in chemical industry was 4.5% Y-O-Y, and the growth rate decreased 4.7% Y-O-Y.

In June 2017, China exported 78,549mt of titanium dioxide, and the volume increased 22.96% year on year and up 7.94% month on month.

• Titanium Dioxide

The average MDI market price was RMB 24,832/mt in July 2017, which was up 11.5% M-O-M or 108.42% Y-O-Y. The TDI market continued increasing greatly in July.

In July 2017, the Chinese cyclohexanone market jumped. The international benzene market hovered at low levels.

• Cyclohexanone
• CPL

The rutile titanium dioxide market continue the weak trend in July 2017. The demand for rutile titanium dioxide was low and producers suffered weak sales.

• Titanium Dioxide

Up to July 31, the total capacity of ethylene glycol (EG) produced via coal method has reached 2,320kt/a...

• Ethylene Glycol
• EG
• Coal

The Chinese rutile titanium dioxide showed a stable-to-decreasing trend this week. Though the titanium dioxide units in Panzhihua Vanadium and Titanium Industrial Park were shut,

• Titanium Dioxide

In H1, 2017, the Chinese rigid polyether polyol market showed an M-shaped trend first and then fluctuated upwards.

• PO
• Polyester

The Chinese caprolactam (CPL) market continued increasing recently. The dealing price has reached RMB 15,000/mt. The CPL market has performed strongly since mid-July.

• CPL

The methyl methacrylate (MMA) market hit new highs in 2017. Up to July 24, the mainstream price for MMA in East China’s secondary market was RMB 20,500/mt,

• MMA
• Acrylonitrile

The Chinese glacial acetic acid market went up this week. Up to July 20, the glacial acetic acid market price in East China was closed in the range of RMB 2,730-2,900/mt.

• Glacial
• Glacial Acetic Acid

The Chinese phenol market fluctuated marginally this week. The mainstream negotiation price slid and the overall trading was thin.

• Phenol

The Chinese rutile titanium dioxide market prices continued the downtrend. Restricted by the environmental protection inspection,

• Titanium Dioxide

The international benzene market hovered at lows and the Chinese benzene market moved marginally. The production cost for cyclohexanone market was not firm.

• Cyclohexanone
• Benzene

The Chinese acrylic latex market remained stable, though the butyl acrylate market rebounded. The MMA market prices were at a high level. Up to July 20, 2017,

• Acrylic
• Latex
• MMA

The BCS market will continue the uptrend. First, the EO market will continue to move up on the tight supply.

• BCS
• EO
• Glycol

The Chinese butyl cellosolve (BCS) market rebounded strongly recently. During one week, the BCS market jumped from RMB 8,550/mt to RMB 9,500/mt.

• BCS
• Glycol