Market Flash

Searles Valley Minerals has declared force majeure on soda ash after an earthquake disrupted water and electrical service and severed rail and highway links, shutting down all operations at the complex.

• US
• soda ash

India’s drugs & pharmaceuticals industry has seen strong growth for more than a decade now and is now globally recognised at least as an important producer of competitively priced generics.

• India
• Pharmaceutical

Methanol rose slightly in the port yesterday, but continued to fall in the mainland. Shipments in Northwest China are general, but in Guanzhong they have declined sharply.

• Methanol

Last week, the mainland methanol market was weak, especially the port declined relatively obviously. Mainland methanol as a whole started to maintain a high level, abundant supply.

• Methanol

Yesterday, the domestic phenol market was tidied up, domestic factories made up for the decline in offers one after another, and traders were slightly uneasy after difficult to push up.

• Phenol

Yesterday, the domestic DOP market continued to rise, raw material octanol continued to rise, phthalic anhydride was also strong, cost-supported businesses took advantage of the trend to rise.

• DOP

Yesterday, the domestic phthalic anhydride market of ortho-Fabric was strong, and still took advantage of the trend to bid up.

• Phthalic
• anhydride

Yesterday, domestic toluene Market talks dominated, crude oil trend was strong, the hurricane attack along the Gulf of Mexico has reduced U.S. crude oil production.

• Toluene

Yesterday, the domestic pure benzene market continued to rise, crude oil prices rose in the market, driven by the external market, Sinopec's listed price increased 200 CNY/ton continuously.

• Pure
• Benzene

Yesterday, the domestic acetone market focus was still rising, downstream demand as needed, traders firm delivery, downstream substantive buy-outs are limited.

• Acetone

Yesterday, the domestic styrene market shocked, more rational buying due to subsequent arrival of ocean-going sources, inventory reduction or moderation.

• styrene

Yesterday, the domestic phthalic anhydride market continued to rise, new single delivery was not good, although downstream demand did not improve, but the DOP rebound trend continued.

• Phthalic
• anhydride

The domestic methanol market maintained a narrow range yesterday. Northwest factories generally ship goods, especially Guanzhong factories have a certain inventory pressure.

• Methanol

Yesterday, the domestic acetone market focus was still rising, downstream demand as needed, traders firm delivery, downstream substantive buy-outs are limited.

• Acetone

Yesterday, the domestic phenol market continued to be strong, overnight crude oil rebounded sharply, pure benzene and propylene firmed phenol ketone factory cost pressure is obvious.

• Phenol

Yesterday, the domestic DOP market trend rose, some of the increase magnified. The raw material octanol continues to rise, phthalic anhydride is also strong.

• DOP

Yesterday, domestic toluene Market talks increased, Wednesday's broad rise in oil prices and the support of the improvement of the general atmosphere in the market.

• Toluene

Yesterday, the domestic pure benzene market continued to rise, crude oil prices rose in the market, Sinopec's listed price increased by 100 CNY/ton.

• Pure
• Benzene

Yesterday, the domestic styrene market shocked strongly. Recently, the market atmosphere was on the lookout. Strong shocks of styrene at the 9000 level.

• styrene

Domestic methanol market reorganized yesterday. The overall trading atmosphere in Northwest China is general, and traders operate more orders.

• Methanol