ECHEMI monthly report of coating in November 2020

Triacetin:  https://www.echemi.com/cms/131475.html

In November, the high cost of raw materials led to the passive expansion of triglyceride factory, the passive implementation of low price orders in the early stage, the profitability worrying, and even in the middle of the month there was once a state of money out of stock. The advance purchase of foreign customers, the rigid demand of domestic customers, the continuous rise of upstream raw materials, the continuous downturn of crude oil, multi-dimensional pressure enterprise living space. December as a whole is expected to continue to move strongly higher.

Isopropanol: https://www.echemi.com/cms/131474.html

Next month, the isopropanol market or range volatility. In terms of raw materials, propylene is also likely to go up if acetone next month or high vibration, and the cost side has certain support; On the supply side, the downstream demand for isopropanol will continue to be poor next month, and the weak demand situation is difficult to change, so we need to focus on the trend of upstream raw materials, especially the trend of acetone.

Maleic Anhydride: https://www.echemi.com/cms/131473.html

Looking forward to next month, we will focus on the supply and demand situation. In terms of supply, there is no MA device for stopping and maintenance. On the demand side, under the off-season effect, the unsaturated resin starts to decline, and it is difficult to improve significantly in the later period, and the raw material procurement slows down. On the whole, the market supply and demand pressure is high, and the MA price is difficult to perform well. At present, the industry is not confident  enough about the market in December, and it is expected that the MA price will continue to decline in the beginning of the month. With the price returning to a reasonable range and the volume of market transactions, the MA price will stop falling and stabilize.

Phthalic Anhydride: https://www.echemi.com/cms/131472.html

In November, the domestic PA market continued to rise, but toward the end of the week the market atmosphere turned pale, prices began to fall. At present, the site is still tight goods is good, but the downstream plasticizer trend downward, but the high price of raw materials resistance is not reduced, it is expected that the short - term PA market negative continued.

Dimethyl Carbonate: https://www.echemi.com/cms/131476.html

In December, the supply side of dimethyl carbonate has a set of equipment storage and shutdown maintenance plan with an annual capacity of 50,000 tons. Other equipment is basically in normal production and operation, and the supply side is expected to be loose. On the demand side, the downstream does not accept high prices. In addition, the market for propylene oxide, a raw material, is temporarily waiting to see the decline. Under the expectation of weak demand at the end of the year, the overall DMC market is expected to be loose. On the demand side, the downstream does not accept high prices. In addition, the market for propylene oxide, a raw material, is temporarily waiting to see the decline. Under the expectation of weak demand at the end of the year, the overall DMC market is expected to continue to fall in December, with a weak shock.