Market Flash

The supply and demand of ethylene glycol in the world are mismatched, and there is a large space for domestic import substitution.

• ethylene

CNOOC shell 250000t / a butyl octanol unit will be put into operation in March! There are two phases of the project.

• butyl
• octanol

Today, Shandong Shida Shenghua propylene glycol offer is reduced by 200 CNY/ton, and the offer is 10300 CNY/ton.

• Propylene Glycol

“It is a good opportunity. China’s reserves are far below the 90-day usage amount, the standard in the United States. It has room to increase.”

• China
• Oil
• Price

Recently, following Libang and axel, Xuanwei and Akzo Nobel, two major paint giants, announced to adjust the price of their automotive paint products.

• paint

It is one of the necessary conditions for car admittance that "middle coat and top coat should be water-based car paint".

• coating

The domestic methanol market continued weak consolidation yesterday.

• methanol

Yesterday, the domestic phthalic anhydride market was weak, and the downstream demand did not improve substantially.

• Phthalic
• anhydride

Yesterday, the domestic DOP market continued to decline, terminal demand remained weak.

• DOP

Yesterday, the domestic phenol Market declined, and domestic factories made up for the decline with offers.

• phenol

Yesterday, the domestic acetone market went down, the downstream buying was lower, the factory's intention price was lowered.

• acetone

Yesterday, the domestic toluene market continued to fall sharply, the upstream energy price continued to fall.

• toluene

Yesterday, the domestic styrene market declined weakly. At present, the overseas epidemic situation is serious.

• styrene

Domestic methanol overall fell last week. At present, the short-term supply and demand situation in the mainland is difficult to ease.

• methanol

Yesterday, the domestic phthalic anhydride market continued to decline, the trading atmosphere was light.

• Phthalic
• anhydride

Yesterday, the domestic DOP market continued to be weak, the downstream just need situation remained.

• DOP

Saudi Arabia, the world's top exporter, launched a price war over the weekend. The move followed the implosion of an alliance between the OPEC cartel, led by Saudi Arabia, and Russia.

• oil
• price
• Russia
• Saudi Arabia

Ansaimi, sucralose and steviol glycosides have maintained steady growth in the development of new products in the beverage market.

• Stevia
• Sweeteners
• food supply

Sweetener replacement, new sweeteners are expected to replace traditional sweeteners.

• Foods
• sweetener
• aspartame

At present, sweetener ingredients are mainly sucrose, and artificial sweeteners have a large space to replace them.

• Sweeteners
• Food Drink
• food ingredient