Echemi monthly report of fine chemical in September 2020
Looking at the market outlook, October is still the traditional peakseason, the market mentality is still optimistic, the downstream or thewillingness to replenish the stock after the festival, and the market still hasa bullish sentiment.
At present, the supplier’s inventory is no pressure, and there is no shortage of subsequent increases in expectations. However, the downstream market after this round of market. The demand is expected to be overdrawn in advance, and later buying may gradually weaken. The supply-demand game is rare. It is expected that the market may have further upward prospects in October, but the downward trend in the downstream situation may be difficult to increase.
On the whole, the tight supply of DMF will be eased with the resumptionof the preliminary maintenance equipment and the release of new productioncapacity. In October, downstream demand is still recovering slowly, and thepressure on supply and demand may not be large. It is expected that the marketmay have a high and narrow correction.
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Specialty chemicals industry expected to return to growth in 2021
Sugar-free brings a new wave of growth opportunities for beverage industry
Dyestuffs gain momentum on shrinking demand for raw materials
Ethanol Production Rises, U.S. Corn Back on the Rise
Overview of chemical pesticide raw material production in five provinces
Market uncertainty increases, oil Q4 trend is still biased strong