Price Trends

Up to November 23, 2017, the closing prices for isopropanol in Jiangsu were in the range of RMB 7,300-7,350/mt, up RMB 75/mt or 1.

• Isopropanol

According to ECHEMI, the average ex-works price of methylene chloride in Shandong was RMB 2,440/mt in 2017, which was up 23.79% Y-O-Y. The average ex-works price of methylene chloride in Jiangsu and Zhejiang was RMB 2,792/mt, which was up 34.75% Y-O-Y.

• Methylene Chloride

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

• Titanium Dioxide

And Sinopec will raise the posted prices of benzene.The support to the CPL market is firm.CPL producers may raise the prices next week.

• CPL
• Benzene

The closing prices for phthalic anhydride produced from naphthalene were in the range of RMB 7,800-7,900/mt, up RMB 250/mt or 3.

• Phthalic Anhydride

Up to November 23, the closing prices in South China were in the range of RMB 23,000-23,200/mt.

• MMA
• Acrylonitrile

It is predicted that the Chinese phenol market will move marginally at highs next week.Players should focus on the supply changes.

• Phenol
• Benzene

Prices for cyclohexanone in East China were in the range of RMB 12,000-12,200/mt, down RMB 260/mt week on week.

• Cyclohexanone
• Solvent
• Fiber

It is predicted that the dealing prices for 98% nitric acid in Shandong will be in the range of RMB 1,800-1,850/mt.

• Dyes
• Aniline
• Nitric-Acid

With the stronger financial feature and higher expectations for futures market, the futures of ethylene glycol will be listed in 2018.

• Polyester
• Ethylene Glycol

The increasing prices of benzene supported the production cost of cyclohexanone.

• Cyclohexanone
• Caprolactam

The overall operating rate was low.Dyes producers’ sales pressure got high.Hence, producers will cut the operating rates.

• Dyes

Phthalic Anhydride Market Review: The phthalic anhydride market continued moving up.

• Phthalic Anhydride

Up to November 9, 2017, the delivered prices for liquid caprolactam (CPL) were in the range of RMB 16,300-16,500/mt by acceptance in Eas...

• CPL
• Benzene

The Chinese phenol market is firm and the bullish sentiments are firm. The unit at Sinopec Beijing Yanshan Company will restart, but the supply will continue to be tight. Downstream users were cautious. It is predicted that the Chinese phenol market ...

• Phenol

On the whole, the support to the isopropanol market from the acetone market will continue next week.

• Isopropanol
• Acetone

The average price for methylene chloride (from Jinling in barrel) in South China was RMB 4,380/mt, up ...

• Methylene Chloride

Forecast: The international benzene market will keep fluctuating at high levels, and the Chinese benzene market will move marginally.

• Cyclohexanone
• Benzene

But the downstream demand is also weak. It is predicted that the titanium dioxide market will move marginally in the short term.

• Titanium Dioxide

Taking the MMA market in East China as the example, mainstream dealing prices were in the range of RMB 21,500-21,800/mt.

• MMA