Price Trends

The chemicals market in Q3, 2017 turned to be active. Influenced by various policies, the limited supply and high production cost supported the DMC market to move up continuously in Q3, 2017.

• DMC
• Propylene Glycol

Titanium dioxide companies increased prices after the National Day. The offers from mainstream factories increased in the range of RMB 500-1,000/mt.

• Coating
• Titanium Dioxide

Since the early July, the Chinese glacial acetic acid market has been fluctuating upwards. The prices has increased from RMB 2,640/mt to RMB 3,695/mt from early July to October 25, increasing 50.19%.

• Glacial Acetic Acid
• Acetate
• Chloroacetic Acid

The dyes market has been quiet in Q4. Mainstream dealing prices started to become stable. How was the market in the first three quarters?

• Dyes
• Printing

In Q3, 2017, the Chinese polymetric MDI market mainly showed an uptrend. The tight supply was the major reason.

• MDI
• BASF
• Wanhua

The acrylic emulsion market didn’t perform well in the traditional peak season: September and October. How was the acrylic emulsion market in the first quarters in 2017?

• Acrylic Emulsion
• MMA
• Butyl Acrylate

The Chinese ethylene glycol market moved upwards this week. The firm crude oil prices stimulated chemicals’ markets.

• Ethylene Glycol

he Chinese cyclohexanone market fluctuated at highs. The international benzene market moved marginally, and the Chinese benzene market was weak.

• Cyclohexanone
• Benzene

The Chinese methylene chloride market continued jumping this week. As the inventory hit a low level, downstream users’ buying interest was high influenced by the “buy-high” mentality.

• Methylene Chloride

The Chinese rutile titanium dioxide market remained stable this week. The overall operating rate was largely stable

• Titanium Dioxide

In September, with support of tight supply , the mainstream trade increased gradually in 2-butoxy ethanol market.

• 2 Butoxy Ethanol

In the silver October, the cyclohexanone market jumped. The cyclohexanone market prices increased from RMB 9,600/mt to RMB 12,500/mt from early September to mid-October, which increased by 30.2%.

• Cyclohexanone
• Caprolactam

Before the National Day, as downstream users showed a strong resistance to high-priced acrylic acid, mainstream acrylic acid producers suffered sale pressure.

• Acrylic Acid

Shandong Haili Chemical raised prices of epichlorohydrin by RMB 800/mt, which boosted the overall market. Most players were bullish about the coming market.

• Epichlorohydrin
• Glycerol
• Epoxy Resin

In Q3, 2017, the ethylene glycol market trend was different from those in 2015 and 2016. In Q3, 2015, the ethylene glycol market showed a down trend.

• Ethylene Glycol
• Polyester

The propylene glycol market performed satisfactorily in Q3, 2017, supported by the raw materials market and low operating rate.

• Propylene Glycol
• DMC

After the National Day, as the ethyl acetate market was supported by the raw material market and the tight supply, ethyl acetate prices continued staying at a high level for recent three years.

• Ethyl Acetate

Before the China’s National Day holiday, the supply of TDI was ample in the market, and players were bearish about the market. However...

• TDI
• BASF

According to the custom data, China imported 35.5kt BPA in August, which was down 21.79% from last month. The import from Thailand declined greatly at 27.90%.

• BPA
• Import

On September 18, 2017, with the increasing prices of aniline, the profit had reached above RMB 3,000/mt, hitting a new high. Last time when the profit reached nearly RMB 3,000 was in 2010.

• Aniline
• Benzene
• Sinopec
• Profit