Market Flash

Yesterday, the domestic pure benzene market slightly declined, the recent large fluctuations in crude oil affect the mindset of practitioners, the impact on market prices weakened

• Pure
• Benzene

Yesterday, domestic toluene Market negotiated and sorted out, the main factory quotation was stable, overnight crude oil fell, but market holders were cautious in low-price operation.

• Toluene

Yesterday, the domestic styrene market was weak and the market hype atmosphere was not high, but the downward rhythm slowed down. On the supply of styrene, the expected arrival of shipments in the middle of this week.

• styrene

Coimbatore-headquartered fluid management solutions provider, CRI Pumps, has announced plans to set up wholly-owned subsidiaries in the US and Mexico. The company has hitherto been supplying its range of products in the US through distributors.

• subsidiary

European ethyl tertiary butyl ether (ETBE) prices fell $18/tonne last week, tracking falling methyl tertiary butyl ether (MTBE) values, as ETBE production rates began to increase.

• Europe
• ETBE

Domestic methanol continued to fall yesterday. Enterprises in the main production area are generally shipped, some factories are under pressure, while environmental protection and security checks continue to be under pressure.

• Methanol

Yesterday, the domestic DOP market continued to be weak, downstream demand did not improve, and the situation of poor commodity movement was maintained.

• DOP

Yesterday, the domestic o-phthalic anhydride market continued to be low and the trading atmosphere was cold. DOP downstream continued to decline, with few inquiries and purchases of phthalic anhydride.

• Phthalic
• anhydride

Yesterday, the domestic acetone market continued to rise, TRADERS'expectations for the future market improved, strong market sentiment, intermediaries also actively follow-up.

• Acetone

Yesterday, the domestic phenol market shocked, traders' sales were not smooth, negotiations were slightly sticky, cost-side support remained, demand was still weak, phenol lacked a good opportunity.

• Phenol

Yesterday, the domestic pure benzene Market fell, the demand was weak and worried, New York crude oil fell 1.6% to $55.88, due to the continuous decline in inventories and tensions in the Middle East to support oil prices.

• Pure
• Benzene

Yesterday, domestic toluene Market talked about a small shock, the market spot supply pressure is not big, but the supply and demand of the current two light, early cost support, holders lower prices temporarily wait and see sales.

• Toluene

Yesterday, the domestic styrene market was weak and tidy, the market hype atmosphere was not high, and the mentality of market participants was unstable.

• styrene

Domestic methanol fell significantly yesterday. The upstream northwest enterprises have poor shipment, falling prices and diffuse pessimism in the field, while the environmental protection and security checks continue to be pressurized.

• Methanol

Yesterday, the domestic market for ortho-phthalic anhydride declined slightly and the turnover was cool. The downstream declines continue and the goods are not moving smoothly.

• Phthalic
• anhydride

Yesterday, the domestic phenol market was at a low level, with slow delivery by traders. Although the offer was stable and the actual negotiation was on the low side.

• Phenol
• Guide

Yesterday, the domestic pure benzene market continued to decline, crude oil prices fell in the session, boosted by six consecutive weeks of decline in inventory data.

• Pure
• Benzene

Yesterday, the domestic acetone market focus was strong, although the enthusiasm of the intermediaries to follow-up decreased, but Yangzhou Shiyou's overhaul plan makes the operators still confident about the future market.

• Acetone

Yesterday, domestic toluene Market talks were narrow. Under the influence of weakness of domestic bulk chemical futures, market buying intention decreased.

• Toluene

Yesterday, the domestic styrene market reorganized and operated. At present, the market participants are more cautious. After going through the preliminary downturn, the downward rhythm is slowing down.

• styrene