Market Flash

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

Yesterday, domestic toluene Market talks shocked, trade frictions turbulent market mentality, the overall trend is weak, market negotiations have rebounded.

• Toluene

Methanol in the Mainland rose and ports declined yesterday. The overall domestic start-up rate has declined.

• Methanol

Yesterday, the domestic DOP market operated horizontally, downstream demand did not improve, off-season superimposed staggered peak production.

• DOP

Yesterday, the domestic phthalic anhydride market of ortho-process was flat and tidied up, the new single transaction situation was not good.

• Phthalic
• anhydride

Yesterday, the domestic pure benzene Market fell, crude oil prices fell in the market, the periphery impact was obvious, the global stock market fell sharply.

• Benzene

Yesterday, the domestic acetone market was at a high center of gravity, the RMB exchange rate continued to fall, import costs increased.

• Acetone

Yesterday, the domestic toluene market was weak, the arrival of the port at the beginning of the month became stable and the market wasn't consumed well.

• Toluene

The JV fast tracks Strides’ entry into China, the second-largest pharmaceutical market in the world offering a $137-bn market opportunity.

• JV
• pharmaceutical

Robust performance by the Biologics and Small Molecules business segments has fuelled a 25% growth in Q1FY20 revenues at Biocon Ltd., to Rs. 1,490-crore.

• biosimilars

Both the Ministers discussed about further enhancing India-Saudi Arabia hydrocarbon cooperation to become a strong pillar of the existing overall strategic partnership between the two countries.

• hydrocarbon
• cooperation

Clariant and SABIC have agreed to temporarily suspend discussions on the intended business combination High Performance Materials (HPM), consisting of Clariant’s Additives and high value Masterbatches and parts of SABIC’s Specialties business.

• Clariant
• SABIC

In terms of coke enterprises, the coke market supply in East China is generally tight. At present, coke shipments are smooth and the market bullish mood is high.

• coke
• market

The establishment of the national standard group will help to improve the industry standards and promote the application of block chain technology in coal trade.

• block
• chain
• trade

The Political Bureau of the Central Committee of the Communist Party of China recently held a meeting to analyze the current economic situation and deploy economic work in the second half of the year.

• market
• reform

The actual data show that the demand side is only weak in stages, and the overall electricity demand is not a problem.

• aerodynamic
• coal

On August 2, 2019, Longbaili announced that since August 15, the company's price of titanium dioxide of various types has increased by 500 yuan per ton to domestic customers and 50 dollars per ton to international customers.

• Titanium
• Dioxide