Market Flash

Shanghai saw its total import and export value surge by 18.8 percent year-on-year to 1.54 trillion yuan ($239.8 billion) in the first five months of the year, Shanghai Customs District said on Thursday.

• china foreign trade

Yantian Port, a major foreign-trade port in South China's Shenzhen city, resumed 100 percent operation Thursday as the epidemic in the port area is effectively under control.

• china port

A series of UV-curable waterborne polyurethane–acrylate (WPUA) emulsions were synthesised by using isophorone diisocyanate (IPDI) as the hard segment, polybutylene adipate glycol (PBAG) and different dosages of hydroxyl-terminated polydimethylsiloxane (HT

• coating research

Recently, the domestic polysilicon price has remained stable at a high level. The current quotation is 30,500-30,700 CNY/ton, an increase of 8,500 CNY/ton or 38.

• factory shutdown
• polysilicon price

From April to June this year, the main contract of PTA has been oscillating in the range of 4500-5000 CNY/ton, and the market has shown the characteristics of low volatility.

• PTA capacity
• PTA supply

Recently, a number of titanium dioxide manufacturers said that the global demand for titanium dioxide is strong and the supply is tight, and the market price may continue to rise.

• titanium dioxide market

In the first quarter of 2021, Jinxi County's fragrance industry cluster achieved operating income of 3.26 billion yuan, a year-on-year increase of 8.5%; industrial added value was 530 million yuan

• fragrance flavors
• added value

Since the beginning of 2021, the prices of various chemicals have continued to soar and the supply shortage has become more and more intense.

• chemical soar
• supply crisis

Global liner container transportation has been out of balance, with port congestion, container supply mismatches, and freight rates hitting records repeatedly.

• ports congestion
• Maersk

The Ministry of Finance of Indonesia stated that when the price of crude palm oil exceeds USD 1,000/ton, the highest export levy for palm oil will be lowered to USD 175/ton from USD 255/ton previously.

• Palm Oil

Robertet, a French natural raw material and flavor and fragrance supplier, and Fleur de Vie, a microalga raw material producer, jointly launched a high-quality spirulina raw material called Spirulin Safe.

• spirulina
• microalgae

Recently, international crude oil has continued to skyrocket with new highs. In early trading on the 23rd, the main crude oil rose by about 2%, Brent crude oil rose by about 0.51%, and NYMEX crude oil rose by about 0.43%.

• Crude oil price
• chemicals
• PP
• HDPE

Hi & Fi Asia-China officially kicks off on June 23-25, 2021 at NECC in Shanghai, China. Last November, ECHEMI had participated in this grand conference and our booth is #41K99.

• health food industry
• food ingredients

Recently, the urea futures price has rebounded after continuously hitting new highs. The main urea contract 2109 showed that the contract rose to 2443 CNY/ton on June 7th, and there were callbacks in several trading days.

• urea
• fertilizer

Recently, the Chinese Nutrition Society announced that inulin, fructooligosaccharides, and galactooligosaccharides were identified as the only three prebiotic raw materials.

• Nutrition
• prebiotics
• inulin

As of now, the number of berths in production in the Yantian Port Area has reached 9, and 8,000 export heavy containers of ETA-7 are received every day, and the daily throughput is nearly 24,000 TEUs.

• Yantian port
• Suez Canal
• shipping

Recently, domestic styrene prices have bottomed out and rebounded. The overall market situation has risen slightly.

• Styrene
• chemical price

The overall demand for the titanium ore market is relatively stable, the medium ore is tight, the price is high, the market transaction has decreased, the supply is tight as a whole

• Ishihara
• Titanium Dioxide

The current situation of world supply and demand: Asia has the largest production capacity and the highest proportion of consumption

• propylene oxide
• PPG

Terpineol, whose molecular formula is C10H18O, is also known as terpineol, sycamore oil, and turpentine terpene alcohol.

• Terpineol
• spice