Market Flash

Affected by the 14th typhoon "Sando" this year, the Central Meteorological Observatory continued to issue typhoon orange warnings this morning, and some trains in the Yangtze River Delta were suspended.

• weather
• typhoons

September methanol phase of the market has risen more than 400 points, the strong macro atmosphere and the fundamentals of the recent long in the state of victory.

• Methanol
• price rise

According to foreign media reports, LG Energy Solutions, which was spin-off from LG Chem’s battery business and was formally established on December 1 last year, is a manufacturer of LG Chem’s battery business that focuses on electric vehicle batteries.

• battery giant
• lithium iron
• phosphate battery

Is the typhoon discount this year? One hasn't left yet, and the other will follow right away! On September 9th, the Meteorological Bureau announced that typhoon weather would strike, and double typhoons might sweep southern China.

• factory equipment
• typhoons

According to customs data, China's acrylonitrile exports from January to July this year have reached 127,200 tons

• Acrylonitrile
• Export

According to news from the National Bureau of Statistics on September 9th, in August, affected by the increase in the prices of coal, chemical and steel products, the price increase of industrial products both increased month-on-month and year-on-year.

• chemical raw material
• National Bureau statistics

The outbreak of the epidemic has caused heavy damage to labor-intensive real economies such as catering, movies, tourism, hotels, transportation, and manufacturing, and the coating industry is no exception.

• antibacterial coatings
• antiviral coatings

Since the beginning of August, the domestic acetic acid market changed the early sharp decline trend and gradually restored stability. Although there are small regional ups and downs, the overall trend is stable.

• Acetic Acid
• Output
• Export

Since the beginning of this year, the prices of related products in the phosphorus chemical industry chain have continued to rise.

• Phosphorus chemical
• battery

According to the forecast of Moody's Investor Service, an investment agency, ocean freight rates will remain at a record high in 2021.

• freight rate

Recently, butadiene products, which have just set a three-year high, fell for 13 consecutive working days. At present, the butadiene quotation is about 9427 CNY/ton, a decrease of 3753 CNY/ton from the beginning of August

• raw material price

Domestic epichlorohydrin have low load operation  in September , the enterprise production delivery contract order is given priority to, the spot supply, epoxy chloropropane prices rise

• Epichlorohydrin
• Price Increase

Benchmarking 30+ international giants with a market value of tens of billions of dollars, and the domestic functional materials industry has a lot of room for development

• functional material
• 3M

• Phenolic Ketone
• Output

Sugar reduction has become the most mainstream trend in food and beverages nowadays, and it has also driven the development of the sugar substitute industry.

• erythritol
• stevia
• sugar substitute

In 2021, the overseas price of isopropyl alcohol is relatively stable, which has a great contrast with last year. In September, Isopropyl alcohol prices in Europe saw the biggest jump of the year, jumping $110- $130.

• Isopropyl alcohol
• Europe
• American
• Asian

"Technical Foam Industry and Technologies Exhibition" Foam Eurasia and "Adhesives and Bonding Technologies Exhibition" Adhesive & Bonding Eurasia, which will be held for the first time this year and will be the only one in its fiel

• Adhesives
• Foam
• Exhibition

Staggered peak shutdown is limited to 6 months of production, involving 2+26 cities! Polypropylene companies are forced to stop!

• Polypropylene

Benefiting from the strong demand in the downstream fertilizer industry and the rapid increase in the price of imported sulfur, the price of sulfuric acid has continued to rise since the second half of 2020

• Sulfuric Acid

At the beginning of September, butadiene market decline accelerated. As of September 3, in just three days, the spot price in the domestic market fell 350-450 CNY/ton compared with August 31, down nearly 5%. And Sinopec price and overseas price drop u

• Butadiene
• Rubber
• September
• Price