Market Analysis- Weekly Report- June 21 to June 25, 2021- Hot Products

Market Analysis- Weekly Report- June 21 to June 25, 2021- Hot Products

Ethylene Glycol

This week, the Asian ethylene glycol market began to decline and then rose. Affected by rising energy prices, the price of Asian ethylene glycol (MEG) followed anupward trend. In view of the recent European temporary anti-dumping investigations on goods of origin in the United States and Saudi Arabia, European buyers are looking for other source of goods. Read more about：

https://www.echemi.com/zycms/265844.html

Propylene Glycol

The domestic propylene glycol market fluctuated in a range this week, basically the same as last week. On the whole, some devices were operating at the beginning of the week with a load reduction. In the rising market of raw materials PO, the downstream market had just needed to follow up, and some spot stocks were tight, and the market center of gravity shifted upward. Exports eased slightly, continuing the orders last month. Read more about:

https://www.echemi.com/zycms/265821.html

Acetic Acid

Due to the expectation of increased supply in the market outlook this week, the Asian acetic acid market has a strong bearish atmosphere. Huayi Group's 500,000-ton/year acetic acid plant in Qinzhou, Guangxi was ignited for trial operation on June 25th and ended June 24th. The price of acetic acid in East China dropped by RMB 400-450/ton from last week to around RMB 7,600-7700/ton. The export offer to India is at US$1,070/ton FOB China or US$1100/ton CFR India. Read more about:

https://www.echemi.com/zycms/265828.html

Isopropanol

This week, the domestic isopropanol market showed a downward trend after a brief stalemate. As of June 25, the mainstream price of isopropanol in East China was RMB 6,550/ton, down RMB 250/ton from last weekend. At the beginning of the week, there was little change in the fundamentals on the market, and the industry mostly waited and watched the trend of acetone and the price dynamics of isopropanol factories. Acetone fluctuates little with the weak, and the holders often operate at stable prices, and the market trading atmosphere is light and stable. Read more about:

https://www.echemi.com/zycms/265812.html

Ethanol

This week, the domestic ethanol market has slightly consolidated. The northeast China maintains stable operation. The pre-maintenance equipment has beenturned on and waiting for the market within a week. The supply of goods has increased, and the downstream market sentiment is acceptable. Holders mostly maintain a stable price and wait-and-see mentality. Read more about：

https://www.echemi.com/zycms/265810.html