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Home > News > Company News > Wanhua Chemical's n-butanol raw material prices increase by 1,200 CNY/ton

Wanhua Chemical's n-butanol raw material prices increase by 1,200 CNY/ton

ECHEMI 2021-04-19

Due to the expectation of maintenance of some butanol plants, the downstream replenishment is concentrated, and the trading atmosphere is good. It is expected that the market outlook will be high and the price will be adjusted.

 

Propylene oxide

Some downstream industries have better demand, the difference between supply and demand is small, and the industrial chain inventory is low. Market adjustment will be the main focus in the short term.

 

MTBE

It is expected that the scale of the May Day trip will be innovative this year, and gasoline consumption will drive pre-holiday stocking and post-holiday replenishment, and the market will generally be stable and upward in the later period.

 

Tert-butanol

The overall market is consolidating at a high level, the overall cost of the industrial chain has a significant impact, and the upstream and downstream are slowly balanced.

 

N-butanol

Due to the expectation of maintenance of some butanol plants, the downstream replenishment is concentrated, and the trading atmosphere is good. It is expected that the market outlook will be high and the price will be adjusted.

 

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

Signs of market rebound are obvious, manufacturers are reluctant to sell, and downstream stocks are actively stocking. The prices of various products in the Wanhua New Cycle follow the market adjustment.

 

PP/PE

Raw materials are pushed up, and the pressure on the upstream cost line has increased. The downstream holidays are approaching, and the willingness to stock up is stronger. Market transactions are active, and Wanhua’s new cycle pricing adjustments follow the market.

 

PVC

The upstream factories and warehouses are not under pressure, and the profits are acceptable. Construction will start or increase next week; downstream replenishment is mainly on bargain prices, and the enthusiasm for high prices to catch up is not high; Q2 overall fundamentals are expected to remain biased, and the PVC market is expected to remain high and volatile .

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

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