Market Flash

Benefiting from the rising volume and price of main products such as spandex, it is estimated that the net profit attributable to shareholders of listed companies in the first three quarters will be about 1.23 billion yuan to 1.3 billion yuan, a year-on-y

• chemical segment

At around 7 am on October 14, a fire broke out at the hydrogen peroxide plant of Fuqiang New Materials Co., Ltd. in Huai'an Industrial Park, Jiangsu.

• Hydrogen Peroxide
• explosion impact

China divides fine chemicals into pesticides, dyes, coatings, pigments, reagents and high-purity substances, information chemicals, food and feed additives, adhesives, catalysts and various auxiliary agents

• intermediates market
• daily chemical

After the festival, the market price of butanoctanol rebounded quickly, but because the market price rose quickly, there was resistance in the downstream, butanoctanol market rose back in the second half of the week.

• Butanol

According to a news from the National Bureau of Statistics on October 14, in September, the price increase of industrial products continued to expand due to factors such as rising prices of coal and some energy-intensive industries.

• chemical producers
• chemical price

According to sources, major chemical companies will implement peak-shift production and periodic shutdowns for maintenance from November 2021 to March 2022.

• chemical raw material
• painting

Since mid-september, along with power brownouts policy actions to carry out, the more gradually introduced the corresponding limit, power failure measures

• propylene oxide

The energy crisis characterized by supply shortages and rising prices is fermenting in Europe, and Germany has also been affected.

• energy transition
• energy crisis

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