Market Flash

Holy Ramadan is synonymous with prayer, meditation and inner peace. The famous Middle Eastern perfume brand Rasasi has carefully selected a series of high-quality and rare agarwood series (Agarwood) and Dhanal Oudh (a kind of agarwood essential oil) serie

• perfume
• non-alcoholic
• fragrances

China's economic growth is facing increasing uncertainties as the novel coronavirus outbreak has become a global pandemic.

• China
• COVID-19
• Economic

Spanish plant ingredient supplier Nektium announced that its mango leaf extract Zynamite has received a US patent (patent number 10537604): an ingredient that enhances brain activity.

• mango leaf
• extract
• research

Catering businesses in Chengdu provide serving spoons and chopsticks to promote healthier table manners.

• healthier
• table
• manner
• China
• Chengdu

Yesterday, methanol in China continued to rise. At the beginning of the week, the guidance price of northwest main production area has not been issued uniformly.

• methanol

Yesterday, the market trend of domestic phthalic anhydride rose, the supply level of the industry was at a low level.

• Phthalic
• anhydride

Yesterday, the domestic phenol market was greatly promoted, and traders were still worried about the demand.

• phenol

Yesterday, the domestic DOP market market was consolidated and the trend was upward, mostly showing a closed situation.

• DOP

Yesterday, the price of domestic pure benzene market rose, boosted by the landing of the production reduction news.

• Pure
• benzene

Yesterday, the domestic acetone market rose sharply. The spot in the market was tight and concentrated.

• acetone

Yesterday, the domestic styrene market was volatile, the listing price of raw material pure benzene was raised continuously.

• styrene

Yesterday, the domestic toluene market was volatile, with crude oil prices rising in intraday trading.

• toluene

German chemical giant BASF on Saturday officially launched its largest-ever investment project, with financing estimated to reach up to US$10 billion upon completion, in south China's Guangdong province.

• BASF
• China
• Verbund

Affected by the new coronavirus epidemic, prices of some major spices in India have plummeted in recent months.

• spices
• Prices
• India

The domestic methanol market rose significantly last week.

• methanol

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