Market Flash

Around the "Eleventh" period, the domestic chemical market continued its strong upward trend in the previous period.

• chemical products
• PVC

As the representative exhibition in China's pharmaceutical industry, the 87th API China was held at the Wuhan International Expo Center during October 12- 14, 2021. With more than 1,500 exhibitors and over 100,000 precise visitors.

• API CHINA
• business matching
• pharmaceutical

As the second wave of the epidemic was gradually brought under control, an unprecedented energy crisis came unexpectedly during the critical period when the Indian economy began to recover.

• energy crisis
• oil shortage

Recently, the market research organization Markets&Markets released a report stating that the global propylene oxide market value is expected to grow from US$22.5 billion in 2021 to US$29.5 billion (approximately RMB 190 billion) in 2026

• propylene oxide

In terms of domestic sales, the average real transaction price of xanthan gum market in August 2021 was relatively stable compared to July.

• export volume
• xanthan gum

The price of WTI New York crude oil broke through the $80 mark, and it soared to $82.18 per barrel in intraday trading on Monday. This is the highest value reached by New York crude oil prices in seven years since October 2014.

• oil price

On September 1, Panzhihua Tianlun Chemical Co., Ltd. took the lead in issuing a price increase letter in the entire industry, stating that the company decided to use TLA anatase and TLR rutile preliminary products (powder ) For titanium dioxide

• Titanium Dioxide

Recently, Shandong Zhucheng Orderly Electricity Rotation Coordination and Promotion Office issued the "Notice on Implementing the "Four Stops and Three" Rotation Plan"

• Phosphoric acid price
• epoxy resin
• Butylene Glycol

Recently, an enterprise in Wuhan, Hubei issued a holiday notice, saying that in response to the needs of employees in various departments, in order to repay the rapid progress in performance in the past three quarters

• holiday notice
• dual control

Karachi, Pakistan, October 8, 2021--ECHEMI's Karachi branch in Pakistan officially announced its opening.

• Echemi Pakistan
• global branch

After the National Day holiday, the DOTP market rebounded strongly, with prices rising sharply after falling for nearly a month.

• DOTP

Recently, Shandong Zhucheng Orderly Electricity Rotation Coordination and Promotion Office issued the "Notice on the Implementation of the "Four Stops and Three" Rotation Plan"

• resin
• Butylene Glycol

On the first trading day after the holiday, energy and chemical varieties went wild, and many people were caught off guard.

• PTA
• plastics
• PVC
• Crude oil

The price of dimethyl carbonate in China maintained a steady upward trend throughout September.

• DMC

According to Food Business News, Sweegen plans to work with Conagen to launch a zero-calorie, high-intensity sweetener brazzein early next year.

• sweetener
• food&beverage
• Natural ingredient

The aerospace industry, which spans a host of applications from aviation to industrial and military purposes, has taken innovations in plastic materials into a broader space.

• plastics
• aircraft
• chinaplas 2021

Emergency Management Department, Ministry of Industry and Information Technology

• ammonium nitrate
• explosion accident

Recently, Henan Lianli Building Material Technology Co., Ltd. issued a notice stating that due to the impact of the price increase of upstream raw materials

• Painting&Coating
• price soar

Since this week, the US’s busiest Southern California Ports of Los Angeles and Long Beach have intensified congestion.

• shipping cost

Recently, news of electricity curtailment in various places has made headlines, and there are many analyses on this. Some say it is caused by "carbon neutrality", and some say it is caused by not importing Australian coal mines.

• Power rationing