Market Flash

Yesterday, the domestic market of phthalic anhydride went up, the supply level of the industry was low.

• Phthalic
• anhydride

Yesterday, the focus of domestic DOP market went up, and the level of spot supply was not high.

• DOP

Yesterday, the domestic phenol market was strong, weekend enquiries were reduced, and trading slowed down.

• phenol

Yesterday, the domestic acetone market was strong, and the weekend raw materials rose sharply driven by the downstream market.

• acetone

Yesterday, the domestic toluene market rose. Although the market had insufficient confidence in demand, there was a expectation for OPEC + meeting in the intraday market.

• toluene

Yesterday, the domestic pure benzene market continued to be strong, with the external price mainly rising.

• Pure
• benzene

Yesterday, the domestic styrene market was volatile, and styrene was boosted by the cost support.

• styrene

The cargo throughput of Yantai port in East China's Shandong province reached 79 million tons in the first quarter of 2020, up 6.3 percent from the same period last year.

• Yantai
• Port
• China
• Trade

The new coronavirus caused barely a blip in China's imports of major commodities, but this likely underscores the ways China differs from the rest of the world, rather than providing a template for the globe's recovery from the pandemic.

• China
• Import

2020 is the year Hainan province initiates construction of the China (Hainan) Free Trade Port, a major national strategy promoted by President Xi Jinping in 2018. China Daily is running a special page to review the progress made by the China (Hainan) .

• Hainan
• China
• free
• trade
• port

As a key downstream application industry of acrylic emulsion / resin, the coatings and adhesives industry is closely related to the acrylic industry.

• Acrylic Acid
• Propylene
• Super Absorbent Polymers

China’s crude oil imports in March rose 4.5% from a year earlier, according to official customs data, as refiners stocked up on cheaper cargoes despite falling domestic fuel demand and cuts in refining rates caused by the COVID-19 disease outbreak.

• China
• crude oil

China’s Rongsheng Petrochemical among new entrants as ranking extended to encompass sector’s 25 most valuable brands for first time.

• chemical
• brand
• china
• Brand
• Finance

Innovent Biologics is working on an antibody drug even as others are developing vaccines because the coronavirus mutates rapidly, says chairman Michael Yu Dechao.

• Vaccine
• COVID-19

China is set to drive capacity growth in the global propylene oxide (PO) industry from planned and announced projects between 2019 and 2023, contributing around 41% of the global growth by 2023, says GlobalData.

• propylene oxide
• China
• PO

China’s crude oil refining capacity of 3.4mmbd in 2019 was entirely under planned maintenance.

• China
• crude oil

According to customs statistics, the export volume of sorbitol No. 38246000 in January-February 2020 was 17419.173 tons, the average export price was US $ 7955690, and the average export price was US $ 456.72 / ton.

• sorbitol
• export

The market research report released by the Indian market research company Profshare Market Research shows that the lemongrass oil market will continue to grow at a compound annual growth rate of 6% from 2019 to 2027

• lemongrass
• oil
• Natural Extracts

As new coronaviruses continue to spread, consumer demand for dietary supplements continues to grow, and immune products, including probiotics, are the most sought after.

• Probiotic
• sales
• predict

Recently, Japan Materials Technology Research Corporation will expand its new horizons in high heat-resistant materials. This material is a transparent resin material with a tricyclodecane (Tricyclodecane) structure.

• heat resistant
• Resin