Price Trends

ECHEMI Coating Department now provides the favourable prices for some chemicals used in the coating industries to ECHEMI’s new and old customers!

• Coatings
• Phosphoric Acid
• Adipic Acid

In early 2018, as the supply of adipic acid was tight in the spot market, offers from traders increased gradually. The high price reached up to RMB 13,000/mt, up RMB 2,000/mt than the end of 2017.

• Adipic Acid

The Chinese ethylene glycol monobutyl ether (MSDS) market fluctuated frequently in 2017. The MSDS market moved down in H1 2017 and rebounded strongly in H2 2017.

• MSDS
• EO
• Ethylene
• NBA

In December, the Chinese soda ash market decreased greatly and trades were light. Although the operating rate in soda ash factories decreased, the overall operating rate was on a high level and the supply was sufficient.

• Soda Ash

In December, the Chinese phosphoric acid market mainly declined, as the demand was weak.

• Phosphoric Acid
• STPP
• SHMP

The Chinese aniline market performed differently and positively than 2016. The average profit hit a new high in recent years. Influenced by the national environmental protection supervision and de-capacity policies, aniline producers released the capacity

• Aniline
• Profit
• Export

In December, the overall Chinese glacial acetic acid market was on a high level. Up to December 29, the closing prices of glacial acetic acid were in the range of RMB 4,410-4,650/mt.

• Glacial Acetic Acid

the supply and demand will be stable in January. As the downstream demand may be flat, the acetone market is expected to continue to move marginally.

• Acetone
• Isopropanol
• MMA

Prices of raw materials will remain largely stable. In January 2018, foreign producers tend to raise prices and Chinese agents will follow the trend. But most Chinese titanium dioxide producers will main stable prices.

• Titanium Dioxide
• Sulfuric Acid

The Chinese phthalic anhydride market went down in December. Up to December 29, the closing prices for phthalic anhydride produced by o-xylene were RMB 7,000/mt, down RMB 1,450/mt or 17.16% month on month.

• Phthalic Anhydride
• O-xylene
• Naphthalene

2017 was uncommon for the titanium dioxide market. China’s environmental protection supervision influenced the operating rate and also promoted the industry profits. There were full of challenges and opportunities in the titanium dioxide market.

• Titanium Dioxide
• Import
• Export
• Capacity

During December 18-22, 2017, the Chinese propylene glycol (PG) market increased slightly and then was range-bound.

• PG
• PO
• UPR

On the whole, the supply of acetone will support the market when the demand will remain stable. It is predicted that the Chinese acetone market will move marginally next week.

• Acetone
• MMA
• Phenol
• Isopropanol

Traders will operate flexibly. It is predicted that the Chinese cyclohexanone market may inch down next week

• Cyclohexanone
• Benzene
• Fiber

On the whole, the isopropanol supply in East China will be modest. Prices may inch up supported by the high prices of acetone and propylene. In South China, the supply is tight. The market prices will move at highs.

• Isopropanol
• Acetone

From the supply aspect, the overall operating rate was not high on the environmental protection measures and maintenance at the end of the year. The overall operating rate declined to 57% or so. However, the demand for titanium dioxide was thin.

• Titanium Dioxide
• Operating Rate

During December 8-14, the Chinese dimethyl carbonate (DMC) market was stirred up.

• DMC
• PO

During December 8-14, mainstream transaction prices in the Chinese adipic acid market declined.

• Adipic Acid

The Chinese rutile titanium dioxide market inched down this week. It was hard for the titanium dioxide market to move up.

• Titanium Dioxide

During December 8-14, thenegotiation price of Chinese citric acid decreased. As the liquid caustic soda price increased and the sodium salt price was high, the prices of citric acid monohydrate and citric acid anhydrous declined obviously.

• Citric Acid