Market Flash

Saudi Aramco exits $10 billion Chinese refinery project in light of product price outlook

• china petrochemistry
• Saudi Aramco china

Recent China TDI, acetone, polysilicon, butadiene price increases

• china polysilicon
• china TDI
• china chemical price

affected by downstream market demand and continuous rainstorms in the south, most companies' inventories have remained low, and supplies have been tight in some regions.

• Polysilicon price soar
• TDI price

With the impact of the epidemic becoming less severe, the market has further picked up in all sectors. According to the National Bureau of Statistics, total retail sales of cosmetics in July were 23 billion yuan, up 9.2 percent year-on-year.

• Cosmetics sales China
• china make up sale

Nowadays, there are few opportunities for the pharmaceutical industry to synthesize its own compounds to be sold on the market, but it is highly possible for the perfume industry to sell its own synthetic fragrances on the market.

• Synthetic fragrance
• compound combinations

Decline in tourism economy due to covid-19 epidemic is major factor

• nyx offline
• nyx china
• nyx hongkong

In July, of the 28 specialty chemicals sub-sectors in the United States, the market capacity of 3 sub-sectors rebounded year-on-year, including flavors and fragrances and cosmetic additives.

• America chemical production
• market capacity rebound

Recently, the Office of the State Council Security Committee and the Emergency Management Department mobilized and deployed the second round of special inspections of explosive chemicals such as ammonium nitrate.

• explosive chemicals inspections
• ammonium nitrate

In the future, the domestic demand and export of high-precision and high value-added electronic products will drive the demand growth of barium and strontium salt products.

• Barium strontium salt an
• hign end electronic products

It is a leading company in the domestic functional sugar industry. It is engaged in the research and development, manufacturing and solution services of functional sugar.

• sugar free trend
• functional sugar

polypropylene (PP) buyers are still cautious about replenishing inventory due to the possibility of a second wave of epidemics in major Southeast Asian markets and increased supply.

• Asian petrochemical market
• polypropylene inventory

Recently, Global Market Insight predicts that the market value of the liquid synthetic rubber market in 2019 will be US$10.54 billion, and it is expected to exceed US$12 billion by 2026, with a compound annual growth rate of 4.7% from 2020 to 2026.

• liquid synthetic rubber
• market value predict

This modest growth situation is similar to the situation in 2019, when sales in the Asian coatings market increased by 2.4% and value increased by 3.3%. Now, the moderate growth scenario that Orr&Boss envisioned in early January has been greatly shake

• Asia-Pacific paint coating
• market situation

Since 2019, the United States has been planning to impose tariffs on EU essential oils, but under the lobbying of the Association of Fragrance and Fragrance Creators, the plan has been cancelled three times.

• essential oil tariff
• EU America

How to achieve advanced development in the market? Jiyun told reporters: "There are different stages of incubating new brands. We formulate brand strategies according to different stages."

• cosmetics fierce competition
• China beauty brand

Ginger has the fastest growth rate, while spice extracts, peppermint and peppermint products have the highest added value.

• India Spices
• peppermint
• ginger extract

in the first half of this year, the average price of raw materials imported by India from China rose by 20% to 30%, resulting in a 4% to 5% decline in the profit margin of domestic pharmaceutical companies.

• Indian pharmaceutical industry
• pharmaceutical materials

The Australian Commonwealth Scientific and Industrial Research Organization recently issued a communiqué stating that a feed additive made from seaweed can greatly reduce the amount of methane emitted by livestock and help combat climate change.

• Feed Additives
• climate change
• industrial research

China Tianjin Shipping Index (TSI), an indicator of northern China's ocean freight rates for both international and domestic shipping markets, stood at 690.33 points on Monday, up 4.29 percent compared with the previous working day.

• TSI
• tianjin shipping index
• china foreign trade

Tianjin Port saw cargo throughput rise 4 percent year-on-year to 251 million tons in the first seven months of this year, according to the Tianjin Port (Group) Company.

• china port
• tianjin port
• china foreign trade