Market Analysis - Monthly Report - October, 2020 - Coating

ECHEMI monthly report of coating in October 2020

Triacetin: https://www.echemi.com/cms/126127.html

In October, overhaul and load reduction of some production capacity led to short supply of goods in the market. However, in the period of adding raw material price rise, it caused panic mood of end users to some extent and led to high ordering. However, as the price went up at the end of the month, the factory received orders gradually leveled off, and the quotation went with the market. However, from the perspective of aftermarket, the high level of raw materials, and customers began to prepare the purchase plan for next year, the market hot degree is difficult to subside, it is expected that the later period will still be dominated by rising.

Isopropanol: https://www.echemi.com/cms/126126.html

In general, the isopropanol market negative factors in the majority. Acetone is more likely to fall next month, propylene is also weak, the cost support is weak, domestic demand on the supply side continues to be weak, buying rigid demand is the main, the transaction is light, the only good thing is that the outbreak in Europe may increase the purchase of domestic Isopropyl Alcohol, thus producing a certain demand for isopropyl alcohol. Overall, October isopropanol or weak trend.

Maleic anhydride: https://www.echemi.com/cms/126125.html

Maleic anhydride in November after the trend is expected to rise, this round of maleic anhydride recovery faster, the main domestic trade or factory's capacity to reduce flooding buying continuously follow up, and the seller rised continually rotary header, reduce put the cargo to the downstream can spot less, maleic anhydride under the positive drive early November will still be rising opportunity, but this increase is part of the artificial factor, the grocers are hold some inventory, so need to alert to follow-up with suppliers to take profits, and maleic anhydride downside risk.

Phthalic Anhydride: https://www.echemi.com/cms/126124.html

October domestic phthalic anhydride market went up strongly, trading atmosphere is good. At present, the field is still tight goods is good, but the o-benzene rise did not fall, the industrial naphthalene peak fall, the downstream plasticizer and resin industry in the raw materials driven by prices, but the high price of raw materials is not easy to digest, it is expected that the next period of high vibration of phthalic anhydride.