Market Flash

Kerry is fueling innovation through taste and nutrition. The company’s portfolio of better-for-you solutions solve the challenges of creating products with the benefits consumers seek.

• Vitafoods

Saudi Aramco is set take a 20% stake in Reliance Industries’ oil to chemicals division in a deal giving the business an enterprise value (EV) of $75bn.

• chemical
• business

Europe’s methanol spot prices remain close to a three-year low in mid-August, after several months of difficulty for traders looking for tank space in Rotterdam slowly abates.

• Europe
• methanol

The domestic methanol market continued its upward trend yesterday. The northwest main production area has smooth shipment.

• Methanol

Yesterday, the domestic o-phthalic anhydride market declined and the trading atmosphere was cold. DOP downstream continued to decline.

• Phthalic
• anhydride

Yesterday, the domestic acetone market was slightly weaker, the profit-making mentality was relaxed under the impediment of the boost.

• Acetone

Yesterday, the domestic toluene market stably operated, with toluene narrowly declining.

• Toluene

Yesterday, the domestic styrene market continued to be weak, market price fluctuations fell, lack of demand support, rational trading.

• styrene

The domestic methanol market rose steadily yesterday. In Northwest, North China and Central China, the parking of installations is relatively concentrated.

• Methanol

Yesterday, the domestic DOP market was weak and consolidated, and the trading atmosphere was light.

• DOP

Yesterday, the domestic acetone market continued to be deadlocked, with limited bargaining orders, downstream demand-on-demand.

• Acetone

Yesterday, the domestic pure benzene market was weak, the external price fell completely, European and American crude oil futures continued to fall under pressure.

• Pure
• Benzene

Yesterday, domestic toluene Market talks fell, trade frictions on the impact of large-scale expectations, crude oil prices fell.

• Toluene

Yesterday, the domestic styrene market was weaker and tidy, the Sino-US trade war in the periphery was not clear, the market mood was low.

• styrene

Yesterday, domestic styrene market consolidated, port inventory increased, demand appeared stable and weakened, supply has not significantly decreased.

• styrene

Yesterday, domestic pure benzene Market rose, demand prospects continued to depress crude oil futures prices.

• Pure
• Benzene

Yesterday, the domestic acetone market was deadlocked, traders bid hard to find low prices, but the follow-up rate slowed down slightly.

• Acetone

Yesterday, the domestic phenol Market fluctuated. Although traders were unwilling to lower their prices, intending to make a strong offer.

• Phenol

Yesterday, the domestic DOP market was running exhausted, the terminal demand remained weak, local high drop phenomenon appeared, the market was not smooth.

• DOP

Yesterday, the domestic o-phthalic anhydride market was collated horizontally, DOP downstream was not smooth, some high-level drop phenomenon appeared.

• Phthalic
• anhydride