Wanhua Chemical raises the price of high-purity isobutylene by RMB 500/ton

Raw materials rebounded strongly, the market mentality was being restored, and the industrial chain inventory was low.

Acrylic

The surge in international crude oil and polypropylene futures is good for the market mentality, superimposed on the reduction in the inflow of external sources, several sets of propylene plants in the region are overhauled, the inventory of propylene producers is not pressured, and the shipments are smooth. It is expected that the mainstream market prices will rise slightly and the Wanhua olefin plant is operating stably , The current cycle price is 8400 CNY/ton.

MTBE

Demand for travel on May 1st is expected to strengthen. MTBE manufacturers have plans for maintenance. The market demand exceeds supply, and the overall market outlook continues to rise.

Tert-butanol

The upstream market releases positive benefits, the downstream demand is stable, and the overall market trend is upward.

N-butanol

The butanol market is rising steadily. Some manufacturers plan to suspend work for maintenance, and downstream operations are gradually increasing. The overall supply is tightening and prices are rising.

Neopentyl glycol

The price of isobutyraldehyde continues to rise and the supply is tight. The market Xinwugang needs to be prosperous in purchasing and trading is good. The inventory of Xinwu manufacturers is low, and the pressure is not great. Wanhua's prices in various regions remained stable this cycle.

AA/AE

The market procurement and sales atmosphere has improved, and exports have also been picking up. The prices of various products in the Wanhua New Cycle have been adjusted upwards following the market.

PP/PE

Raw materials rebounded strongly, the market mentality was being restored, and the industrial chain inventory was low. Wanhua's cycle price adjusted with the market and sold as planned.