Market Flash

Red warning! The typhoon jumped three times in a row, and many places stopped work and production!

• work stoppage
• typhoons

In the morning, the news that Sinopec Mitsubishi's 180,000-ton/year bisphenol A plant had been shut down due to equipment failures came out.

• Epoxy Resin
• resin market

The summer of 2021 is destined to be recorded in the history of the global container shipping market.

• shipping
• freight

There are many members in the nylon family. Among them, semi-aromatic high temperature nylon is formed by polycondensation of aliphatic diamine (diacid) and aromatic diacid (diamine)

• high-temperature nylon
• Bio-based

The National Carbon Emissions Trading Market (hereinafter referred to as the "National Carbon Market") recently held a launch ceremony in Beijing, Shanghai

• carbon market

Starting from July 15th, the price of polyurethane series products shipped in North America will increase by 0.1 US dollars/lb (approximately 1,428 CNY/ton), and the increase in specific polyurethane systems is expected to be even higher.

• polyurethane
• epoxy
• BASF price

French sweetener, starch, and bioethanol producer Tereos announced that it has reached a strategic agreement with Firmenich to purchase stevia extract from Firmenich to provide its customers with traceable stevia-derived sweeteners.

• sweetener
• stevia extract

On the eve of the localization of adiponitrile, the domestic pre-built production capacity has reached nearly 1.5 million tons, which is more than three times the current domestic demand.

• Adiponitrile
• production surplus

Recently, Sapref, the largest oil refinery in South Africa, announced that it had suspended production due to domestic protests and that the supply of all petroleum products was experiencing difficulties.

• chemical giant
• production stop
• MDI
• PVC

ECHEMI's latest Customer Center has been upgraded and launched recently. This time the update has undergone a comprehensive revision based on the feedback from the majority of suppliers and buyers.

• customer center
• Echemi
• supplier
• buyer

Recently, the State Council Information Office held a press conference to respond to hot issues such as the overall RRR cut, the difference in monetary policies between China and the United States, and the level of inflation.

• chemical company
• price fluctuation

In the first half of 2021, China’s titanium dioxide market has shown an overall upward trend. In June, the market entered the off-season, and some market prices fell by 500-1000 CNY/ton.

• Titanium Dioxide
• import export

In the next five years, the global specialty chemicals market will grow at an average annual growth rate of 3.6%.

• specialty chemicals

Vietnam has recently suffered from the severe impact of the new crown epidemic. According to news from Taiwanese media, it has been reported that an employee of Anpuxin, a Taiwan-funded enterprise in Binh Duong Province, Vietnam, has been diagnosed.

• MEG
• Polyester
• Pesticide
• Urea
• Glyphosate

The domestic PC market still maintains low-end growth, and the mid-to-high-end market is cautious. Merchants said that the low-end market is rising, moderate trading exists

• BPA
• PC market

Statins, to be precise, HMG-CoA reductase preparations, have indeed set a brilliant record of drug sales in human history so far

• algae oil
• EPA
• drug

In 2021, the chemical industry is inseparable from the word "price increase". From the beginning of the year when the chemical industry was caught off guard by the price increase of bulk commodities

• Chemical giants
• price hike
• Mitsubishi chemical

As the global economy grows steadily and people's health concepts continue to increase, functional sugar alcohols are widely used in food processing, beverages, medicine, daily chemical and other industries.

• Functional sugar
• sugar alcohol

Chinese pharmaceutical brands have played an important role in helping the country fight the covid in the past year, and these brands have been pushed to the center of social topics like never before.

• pharmaceutical trend
• China pharmaceutical

It was predicted last week that the price of LER this week would fluctuate between 28,500-29,000 CNY/ton (in barrels), unfortunately, it was said again.

• Epoxy Resin
• BPA