Market Flash

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

After China Nuclear Titanium Dioxide issued a price increase letter on May 6, starting the fifth round of price increases in the titanium dioxide market during the year, many companies have joined the price increase army.

• Titanium Dioxide
• CITIC

Driven by cost, ethylene glycol futures prices will continue to run warmer in the short term, but the increase in domestic supply and imported sources will strongly suppress ethylene glycol futures prices.

• supply pressure
• Ethylene Glycol

The outbreak in Malaysia is heating up, and the number of newly diagnosed cases in a single day remains high.

• chemical shortage
• Malaysia
• blockade

Dioctyl phthalate (DOP) is mainly used as a plasticizer for polyvinyl chloride products, artificial leather, nitrocellulose, and synthetic rubber.

• DOP market

In 2021, high freight rates, congestion and delays in the container market will become the new normal.

• logistics freight rates
• containers

As China becomes the most important market for multinational pharmaceutical companies and the government’s Healthy China 2030 policy shifts into high gear, the corporate rush is on to file more applications for use of new treatments.

• pharma market
• health-care

Yesterday (12th), Panzhihua Tihai Technology Co., Ltd. issued a price adjustment letter, stating that from the 12th, the domestic trade price of rutile titanium dioxide was raised by 1,000 CNY/ton, the foreign trade price was raised by US$150/ton

• Titanium Dioxide
• resin
• pigment

May is the traditional peak season for PVC maintenance. From Table 1, it can be seen that most companies have maintenance plans in May or have entered the maintenance period.

• equipment overhaul
• PVC market

This week, the center of gravity of the pure benzene outer disk has widened higher. Most of the price increases this week are related to the trend of the US market.

• weekly report
• Benzene

In recent days, the matter of "the United States has declared a national emergency" has topped the hot search lists on many media platforms and quickly attracted attention.

• US
• Chemicals soared

The "Preliminary Analysis of China's Domestic Health Food Filing in 2020" recently released by the China Nutrition and Health Food Association shows that the number of domestic health food filing vouchers passed in 2020 is 2,307.

• health food
• vitamin c