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Home > News > Paint & Coating News > Wanhua Chemical raises the price of high-purity isobutylene by 600 CNY/ton

Wanhua Chemical raises the price of high-purity isobutylene by 600 CNY/ton

ECHEMI 2021-03-11

Downstream demand and profit margins are good, propylene production companies have no inventory pressure, and shipments are smooth. It is expected that the mainstream market prices will remain stable at a high level......

 

Acrylic

 

Downstream demand and profit margins are good. Propylene production companies have no pressure on inventory and smooth shipments. It is expected that mainstream market prices will remain stable at a high level. Wanhua's olefin plant will operate stably, and the quotations will remain stable this cycle.

 

N-butanol

 

Affected by the abnormal news of overseas installations, downstream replenishment is active, the spot is tight, and market transactions are smooth.

 

Neopentyl glycol

 

Isobutyraldehyde continued to rise, supported by positive support such as increased exports, and high-priced neopentyl glycol transactions increased.

 

Acrylic and Ester

 

The overall acrylate market is orderly trading. In some areas, due to the tight supply of factory equipment overhauls, prices remain stable during the Wanhua cycle and are mainly supplied to core customers.

 

PP/PE

 

Futures jumped up and down, affecting the mood of industry players. External disk prices are high, downstream resumption of work and production is good, social inventories continue to decline, and market fundamentals are good.

 

PE: Imports to Hong Kong have dropped significantly. The demand for LLDPE 7042 Shandong mulch film is improving; the downstream of HDPE 23050 enters the market one after another.

 

PP: The export window continues to open, and downstream BOPP and fiber transactions are active.

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

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