Price Trends

The DOP market inched down this week. Up to December 7, the closing price of DOP in Jiangsu was RMB 8,775/mt, down RMB 225/mt or 2.5% week on week. The demand was tepid. But as most DOP producers were operating in loss, the prices of DOP won’t decline...

• DOP
• Octanol
• PA

The support to the production cost of CPL is firm. As for the demand, the demand for CPL from the PET market will be stable. As the supply of raw materials become tight, the supply of CPL may shrink. It is predicted that the CPL market will show a ...

• CPL
• Caprolactam
• Benzene
• PET

Forecast The Chinese acrylic emulsion market will be light.The inquires will be modest in acrylic emulsion market.

• Acrylic Emulsion
• MMA
• Butyl Acrylate

During December 1-7, 2017, the Chinese sec-butyl acetate market inched up. The players in sec-butyl acetate market held weak interest in producing.

• Sec Butyl Acetate

Benzene prices will move stably next week, which will support the production cost of cyclohexanone. The demand from the fiber industry will be firm. The available supply of cyclohexanone in the solvent market may be tight. It is predicted that...

• Cyclohexanone
• Benzene

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

• Titanium Dioxide
• Rutile
• Anatase

It is predicted that the mainstream dealing prices for 98% nitric acid will be in the range of RMB 1,700-1,800/mt.

• Aniline
• Nitric-Acid
• TDI
• Dyes

During December 1-7, 2017, the Chinese glacial acetic acid market continued increasing. Up to December 7, the market price of glacial acetic acid in East China was in the range of RMB 4,010-4,250/mt. The average price was RMB 4,050/mt, which was up 1.63%

• Glacial Acetic Acid

The support of hydrofluoric acid may be weak. Moreover, the operation in North China will be unstable given the winter heating in North China. It is predicted that the Chinese anhydrous hydrofluoric acid market will move marginally in the short term.

• Hydrofluoric Acid
• Sulfuric Acid

In 2017, after rising and falling rapidly, the Chinese PM/PMA market was weak and showed a decreasing trend.

• PM
• PMA

The production cost of isopropanol has increased, and the supply is increasing. Will the isopropanol market move up or go down in December 2017?

• Isopropanol
• Acetone

The Chinese isopropanol market mainly showed an uptrend in November 2017. The unit at Haike was shut, and the inventory of imported goods was limited. Moreover, the crude oil prices went to a high level, and the acetone market improved.

• Isopropanol
• Acetone
• Propylene

From Q1 to Q 3, the Chinese TDI market rose and fell rapidly. The downstream users got used to decreasing inventory and purchasing on a small amount.

• TDI

The Chinese dioctyl phthalate (DOP) market showed an uptrend in November 2017. Up to November 30, the closing price of DOP in East China was RMB 9,000/mt, up RMB 550/mt or 6.51% month on month.

• PA
• DOP
• Octanol

But as the benzene prices were fluctuating in the range of RMB 6,000-6,500/mt, the CPL producers’ profits reached above RMB 5,000/mt.

• CPL
• Caprolactam
• Benzene

In November, the Chinese propylene oxide (PO) market showed a W-shape trend. In November, the highest and the lowest prices of PO in Shandong were RMB 12,200/mt and RMB 10,500/mt respectively.

• PO

The Chinese phenol market continued moving up in November 2017. The phenol prices broke RMB 9,000/mt and hit a new high. Up to November 30, the reference negotiation prices for phenol in East China were in the range of RMB 9,500-9,600/mt, up RMB 1,350/mt

• Phenol

he Chinese phthalic anhydride (PA) market jumped in H1 2017. The prices increased from RMB 6,950/mt to RMB 8,550/mt from end of October to mid-November. The price increased by 23.02%.

• Phthalic Anhydride
• Naphthalene

In November, the Chinese ethylene oxide (EO) price increased frequently. The closing price of EO in East China was RMB 10,600/mt, which was up 6% M-O-M.

• EO

On the whole, the demand for acetone will be flat in December, and the acetone market may slide. Players should focus on the buying interest. It is predicted that the Chinese acetone market will move marginally in December.

• Acetone
• Phenol
• Isopropanol
• MMA