Market Flash

Recently, with the outbreak of the third wave of epidemics in Europe, Germany, Poland, Hungary and other countries have been blocked!

• bispheno A
• epoxy resin

On February 20, 2021, the State Administration of Market Supervision issued a related announcement on the "Formulation and Technical Requirements for Health Food Recorded Products (2021 Edition)

• nutritional gummy

Beginning in late March, three polypropylene (PP) producers in Southeast Asia all experienced unexpected situations, and successively closed their factories, further tightening the supply in the region.

• propylene production
• Asia orders
• PP

In the long run, downstream demand will be concentrated in the third quarter, and supply is not expected to increase significantly, and the methanol market may reverse its weakness relative to other chemicals.

• Methanol

It is worth noting that after the reorganization of the two Fortune 500 central enterprises, the total assets can reach 1.4 trillion yuan, and the operating income can reach 1 trillion yuan.

• Titanium Dioxide
• TDI price
• MDI

Modified polypropylene (PP) plastic, as the name implies, is based on polypropylene raw materials for its performance and other improvements, such as enhancing the impact, tensile strength, and elasticity of polypropylene (PP) materials.

• modified polypropylene

On April 1, CSPC announced that the “Amphotericin B Cholesterol Sulfate Complex for Injection” developed by its subsidiary CSPC Ouyi Pharmaceutical Co., Ltd. had obtained the approval for drug registration issued by the China Food and Drug Administration.

• generic drugs

As a "barometer" of global trade, containers have a complete set of operating procedures. However, under the impact of the epidemic, this set of procedures has fallen into chaos, and issues such as insufficient containers and uneven distribution

• freight
• containers

According to the ICIS website on March 30, as the Gulf Coast's production recovered from the interruption caused by the winter storm in mid-February, the US March propylene contract settlement price for most market participants dropped 18.5 cents/ Pounds

• propylene price

Recently, the price of chemical raw materials has skyrocketed, triggering a series of chain reactions in the industrial chain. Affected by the cost of raw material supply and rising prices of auxiliary materials

• Titanium dioxide
• price

At the end of March, Wanhua Chemical and Huntsman announced the market listing prices of polymerized MDI and pure MDI respectively. While Wanhua Chemical lowered its listing price, Huntsman kept its price unchanged from March.

• Wanhua chemical
• MDI
• Huntsman

It is understood that a large explosion occurred at an oil refinery in the early morning of March 29, local time in Indonesia. The cause of the explosion is currently unknown

• chemical industry
• Price Increase

From January to February 2021, China imported 272,000 tons of ABS resin, with an average import price of US$1973.41/ton. Coinciding with the domestic Spring Festival holiday

• ABS
• Plastics

In recent years, with the high performance ratio of new polymerization processes, new catalysts and general materials, the application fields of polyolefins have become more and more extensive.

• Asia-Pacific
• polyolefin

In addition, PCHi has also set up a number of forums such as the Global Cosmetics Personal Care Innovation Development Trend Forum, the Dermatology Clinical Research and Nursing Basic Forum

• PCHI 2021
• innovative cosmetics ingredients

Benefiting from the recent "Fourteenth Five-Year Plan" energy consumption dual control mission targets issued by many provinces in my country, the new methanol production capacity will face compression in the future.

• Methanol

In recent years, more and more consumers have used whitening cosmetics for the purpose of whitening skin. Therefore, various cosmetic whitening ingredients have become the focus of attention in the cosmetics industry and are widely used.

• natural cosmetics
• cosmetic ingredients

As the price of PVC experienced a high of 9,000 CNY/ton at the end of last year, the price center of the PVC industry has increased significantly compared with previous years, and the PVC market has fluctuated sharply in recent months.

• PVC market

According to the Ministry of Commerce, during the golden week of the Spring Festival in 2021, sunscreen products have entered a hot sales period, with a transaction increase of 66.76%.

• sunscreen products
• functional segmentation

This situation has never happened in the past 20 years! Although the midstream inventory is high and relatively under pressure, the strong external market drives the internal market, and the upward trend is expected to continue...

• chemical trade