Wanhua Chemical butyl acrylate and n-butanol cut prices by 500 CNY/ton

After the price dropped to a low level, downstream purchases were made on demand, and market transactions were stable.

Acrylic

Downstream demand and profit margins are good. Propylene production companies have no inventory pressure, and shipments are smooth. The supply in the region continues to be tight due to the maintenance of some large factories. It is expected that the mainstream market prices will increase slightly. Wanhua's olefin plant is operating stably. Ton.

Propylene oxide

The news of the release of new capacity has affected the purchasing mentality of the industry, but in the short term, due to the better downstream demand, the supply is still tight, and Wanhua’s price has been raised to 20,300 CNY/ton this cycle.

MTBE

Crude oil fluctuated and adjusted, but market supply and demand fundamentals remained good, social inventories continued to be at a low level, and the spot market should remain tight. The overall pattern of supply and demand balance remained unchanged in the short term. The overall transaction center of the market has a steady upward momentum. change.

Tert-butanol

The overall supply and demand are relatively balanced, and downstream replenishment is on demand, and the market trend is stable.

Methanol

At present, the supply and demand of the methanol market maintain a weak balance, and the market will maintain a volatile operation in the short term.

N-butanol

After the price dropped to a low level, downstream purchases were made on demand, and market transactions were stable.

Neopentyl glycol

Isobutyraldehyde stabilized after falling, the neopentyl glycol plant mainly placed pre-orders, and the market price was operating steadily.

AA/AE

The downstream demand for acrylates has decreased in stages, and the market is weakened. Wanhua's current cycle prices have adjusted with the market.