Price Trends

The Chinese phthalic anhydride market slid in H1 October and then rebounded at the end of October. Up to October 30, the closing prices of phthalic anhydride produced from o-xylene were RMB 6,950/mt in East China

• Naphthalene
• Phthalic Anhydride

Moreover, the 1,200kt/a unit will undergo a three-week maintenance from early November. On the whole, the Chinese glacial acetic acid market will move sideways at a high level.

• Glacial Acetic Acid

As for the demand, the demand for adipic acid from sizing agent and sole material industries is flat. Moreover, benzene prices may inch up next week. Therefore, the adipic acid market may increase slightly next week.

• Adipic Acid
• Benzene

The methylene chloride market moved upwards this week. The demand got softer, but most producers’ sales were normal. Traders also continued purchasing goods.

• Methylene Chloride

As the production cost of imported PEG is low and the supply is tight now, the trading is active in the market. It is predicted that the PEG market will move at highs in the short term and prices for imported PEG may inch up.

• EO
• PEG

From the production cost side, the international benzene market fluctuated higher, and the dealing prices in the Chinese benzene market inched up.

• Caprolactam
• CPL
• Benzene

The demand for cyclohexanone in the fiber industry may continue to decline as some caprolactam may cut down operating rates. It is predicted that the cyclohexanone market will move sideways at a high level.

• Cyclohexanone
• Caprolactam

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

• Titanium Dioxide

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

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

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

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

• 2 Butoxy Ethanol

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