Wanhua Chemical raises the price of n-butanol by 300 CNY/ton

Some factories are operating under reduced load, the market supply has decreased, the enthusiasm for downstream purchases has increased, and market transactions have been smooth.

Acrylic

Crude oil surged overnight and polypropylene futures surged overnight, which boosted the market sentiment. After the rapid price decline, the pressure on the cost of polypropylene powder was relieved. Buy on dips. It is expected that mainstream market prices will remain stable. Wanhua Olefins The device is operating stably, and the price is 8,400 CNY/ton this cycle.

Propylene oxide

Polyether orders have weakened due to downstream costs, but PO factories have low inventory and balanced supply and demand. The industry chain is being actively conducted, and Wanhua’s quotations have remained stable this cycle.

MTBE

The fundamentals of market supply and demand are good. Although crude oil fluctuates, the procurement of crude oil is still active. Some manufacturers are shutting down for maintenance as planned. The supply side remains low. The short-term market trend is strong and there is room for growth.

Tert-butanol

The overall supply and demand are stable, the downstream replenishment is on demand, and the trading atmosphere is stable.

N-butanol

Some factories are operating under reduced load, the market supply has decreased, the enthusiasm for downstream purchases has increased, and market transactions have been smooth.

AA/AE

The price of the raw material butanol rebounded sharply due to the failure of some devices, bringing cost support to the butyl ester industry. The mentality of the acrylic ester market has stabilized, and Wanhua's prices have remained stable this cycle.

PP/PE

Crude oil rebounded, downstream replenishment enthusiasm increased, middlemen's high inventory risk gradually released, and the price of the industrial chain was transmitted in an orderly manner.

PP: The price of external disks is high, and the export window continues to open.

PE: Imports to Hong Kong have dropped sharply, and the fundamentals are good.