Wanhua Chemical reduced the price of n-butanol raw materials by 200 CNY/ton

The market supply is expected to increase, the downstream wait-and-see sentiment gradually rises, and the market turnover has declined.

Acrylic

The load of polypropylene plants is expected to increase. Downstream plants are buying on dips. Procurement enthusiasm has increased. Propylene production companies have improved their shipments. The mainstream market price is expected to rise slightly. Wanhua's olefin plant is operating stably. The current cycle price is 8,400 CNY/ton.

Propylene oxide

Affected by the new production capacity of PO, the bearish attitude of PO has increased. Wanhua quoted at RMB 19,600/ton this cycle.

MTBE

Crude oil has fluctuated and adjusted, the fundamentals are stable, refineries are actively purchasing, the market transaction atmosphere is positive, and the spot supply continues to remain tight. It is expected that the short-term market will maintain a strong trend.

Tert-butanol

The upstream and downstream supply and demand are balanced, the market mentality is relatively active, and the overall market remains stable.

Methanol

The maintenance of methanol on the mainland has been implemented, and there is a certain degree of reduction in supply. At the same time, the downstream demand for stocking for Qingming has increased. In the short term, the methanol market maintains its upward expectations.

N-butanol

The market supply is expected to increase, the downstream wait-and-see sentiment gradually rises, and the market turnover has slowed down.

Neopentyl glycol

The raw material isobutyraldehyde was supported at a high level, and the low-priced goods in the market disappeared. As the end of the month approaches, the enthusiasm for downstream procurement is increasing.

AA/AE

The overall acrylate market is orderly trading, and downstream customers just need to purchase. After a wave of decline, the market is expected to bottom out. Wanhua's price adjusted with the market in this cycle.

PVC

Calcium carbide pulls back, but cost support is still strong; downstream start-ups have increased, replenishment on dips, and the transaction atmosphere has improved; fundamentals are strong in the mid-term, and follow-up will focus on the implementation of the Q2 Inner Mongolia dual control policy for energy consumption and the implementation of centralized maintenance expectations.

PP/PE

The market fluctuates broadly, and the downstream enters the market to replenish goods at low prices. The overall buying and selling atmosphere is good; the high inventory risk of middlemen is gradually released, and the price of the industry chain is transmitted in an orderly manner.