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Home > News > Company News > Wanhua raises the price of various types of acrylic acid by 500 CNY/ton

Wanhua raises the price of various types of acrylic acid by 500 CNY/ton

ECHEMI 2020-10-10

Several propylene plants in the region have unexpectedly shut down, the high-speed restrictions are lifted at the end of holidays, and the inflow of external resources may increase. The overall supply in the region is slightly tight. It is expected that the mainstream market prices will remain stable.

Acrylic

Several propylene plants in the region have unexpectedly shut down, the high-speed restrictions are lifted at the end of holidays, and the inflow of external resources may increase. The overall supply in the region is slightly tight. It is expected that the mainstream market prices will remain stable. Wanhua PDH is operating stably, with a price of 7,650 CNY/ton this cycle.


Propylene oxide

Some manufacturers have overhauled, and the supply is still tight, and the manufacturers' inventory is not pressured. It is expected that the PO market will continue to be high.


MTBE

Crude oil continued to rise and the market atmosphere was positive. In addition to the National Day holiday, terminal consumption maintained a good momentum. The overall focus of the industry chain was steadily moving upward. Supported by costs and supply and demand, the MTBE market price is expected to continue its upward trend.


N-butanol

The butanol market is stable, the spot supply is tight, the downstream maintains just replenishment, and the market outlook is expected to run smoothly.


Neopentyl glycol

After the holiday, the price of isobutyraldehyde rose strongly, supported by the cost side. The downstream resin starts in an orderly manner, and the upstream and downstream transactions are smooth. Wanhua's prices in various regions remained stable this cycle.


Acrylic and Ester

Some domestic installations have begun to be overhauled, the market supply has decreased, and demand has completely recovered after the holiday; the market supply and demand structure is tight. This week, the market price will be raised.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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