Market Flash

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

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