Market Flash

Urea prices in some parts of the country have continued to increase since the weekend.

• Urea price

Methanol is a colorless, flammable, and volatile toxic liquid. It is non-corrosive to most metals at room temperature and has a slight alcohol odor.

• methanol market
• supply demand

NMPA released the information of drug approval documents pending on May 24, 2021. Among them, Yichang Renfu Pharmaceutical Co., Ltd., a new drug of Class 1 Phosphopropofol Disodium for Injection, has been approved!

• Propofol disodium phosphate
• Injection

Under the trouble of factory shutdowns in the auto industry and global chip shortages caused by the new crown pneumonia epidemic, automakers are now facing another supply chain problem-the reduction of rubber supply.

• rubber shortage
• automotive industry

The price increase will not be endless, and the price may fall or be late, but it will not be absent!

• chemical giant
• bisphenol A
• epoxy resin
• ExxonMobil
• Dow

On May 14, the professional committee of coating and painting of the Chinese Chemical Society held a meeting to announce the statistical results of the powder coating industry in 2020.

• power coating
• power coating china

On the evening of May 19, the Standing Committee of the State Council once again spoke after a lapse of 7 days, calling for the supply of bulk commodities to stabilize prices and to curb unreasonable price increases.

• PTA
• Ethylene Glycol
• polyester

The production capacity of florfenicol raw materials is limited or there may be an oversold rebound.

• florfenicol
• veterinary drug
• Antibiotics

Recently, Monteloeder launched Zeropollution, a natural oral ingredient that can protect the skin. It is composed of multiple active ingredients

• Monteloeder
• oral skin care
• verbena
• cosmetics ingredients

After May Day, the price of methylene chloride rose rapidly. As of May 19, the average price in Shandong was 4263 CNY/ton, an increase of 20.43% from 3540 CNY/ton on May 6. The current price has hit a new high since 2019.

• Methylene Chloride
• factory price

Recently, the National Food Safety Risk Assessment Center released a request for opinions on extracts of new varieties of food spice from African arrowroot, and plans to use it as a spice for food in various foods.

• arrowroot extract
• Somatan
• sweetener

Yesterday (19th), Wanhua Chemical’s quotation of n-butanol was 15,300 CNY/ton in North China, 15,600 CNY/ton in East China, and 15,800 CNY/ton in South China, both lower than the previous week’s quotation by 1,000 CNY/ton.

• epoxy resin
• acetone
• Butylene Glycol

Polyoxymethylene is an engineering plastic with excellent performance, including homopolyoxymethylene and copolyoxymethylene.

• POM market
• analysis report

The covid-19 has once again entered an outbreak period, Southeast Asian countries have closed their countries, and production has ceased one after another!

• Malaysia
• chemical production
• blockade

U.S. whey has soared all the way this year, reaching a six-year high. In the first quarter, domestic imports of whey powder increased significantly year-on-year.

• whey price

For a long time, the polypropylene industry has had the largest production capacity of Sinopec and PetroChina.

• polypropylene production

Since the outbreak of the new crown pneumonia epidemic in 2020, global food security problems have become prominent, and global agricultural product prices have also risen sharply.

• India urea
• urea market

Affected by the continuous correction of crude oil prices on the cost side, the chemical sector still showed a weaker trend on May 14, with polyester products leading the decline in the chemical sector.

• Polyester price
• PTA

Recently, the supervisory authorities have paid close attention to the surge of commodities for two consecutive days, and commodities have plummeted for two consecutive days!

• Coking coal
• crude oil
• Benzene
• price

Recently, industrial projects in Huizhou Daya Bay Development Zone started and completed investment activities in the Daya Bay Petrochemical Zone.

• PDH
• acetic acid