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Home > News > Company News > Wanhua Chemical's propylene oxide and n-butanol prices increase by 200 CNY/ton

Wanhua Chemical's propylene oxide and n-butanol prices increase by 200 CNY/ton

ECHEMI 2021-04-09

Market supply and demand are stable, and downstream replenishment is on demand, and the overall market is mainly stable.

 

Acrylic

Polypropylene futures are operating weakly, market transactions are relatively stable, and propylene producers are shipping steadily. It is expected that mainstream market prices will remain stable and wait-and-see. Wanhua's olefin plant is operating stably, and the current cycle price is 8,400 CNY/ton.

 

MTBE

Locally refined gasoline sales are good, and the inventory is low, and one after another has been built. The price of M has gradually risen. It is expected that with the arrival of the May Day holiday, driven by travel consumption, the overall market outlook can be expected.

 

Tert-butanol

Market supply and demand are stable, and downstream replenishment is on demand, and the overall market is mainly stable.

 

N-butanol

The butanol market is operating steadily, manufacturers' inventories are low, downstream just needs replenishment, and market turnover has improved.

 

Neopentyl glycol

The price of isobutyraldehyde continues to rise, the cost of neopentyl is relatively strong, the spot market for neopentyl is in short supply, the downstream resin starts smoothly, and the overall destocking status. Wanhua's prices in all regions of the cycle have stabilized simultaneously.

 

AA/AE

The price of raw materials has stabilized and recovered, and the downstream demand for purchases has gradually increased, and the bottoming of acrylate prices has gradually formed. The prices of Wanhua's products in this cycle have been slightly lowered following the market.

 

PP/PE

Under the pressure of upstream and downstream costs, the passive transmission of prices is difficult to stop. In the intertwining of market prices and negative and bullish sentiments, stable procurement and sales channels are becoming more and more important. Wanhua adjusted its prices slightly this cycle and produced and sold as planned.

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

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