Market Analysis- Weekly Report- July 16 to July 23, 2021- Hot Products

Market Analysis- Weekly Report- July 16 to July 23, 2021- Hot Products

EDC

The price of dichloroethane in Asia was stable at US $695 / MT in the Far East this week, while on July 22, CFRSoutheast Asia $690 / mt remained unchanged. It is understood that the shipping sales bid of Formosa Plastics Company in August was US $685 per ton FOB Taiwan10000 tons.

https://www.echemi.com/zycms/293427.html

PVC

This week, the price trend of PVC market was running well. At the beginning of the week, the futures opened at a high of9300, and then the PVC disk fell to about 9200 due to the decline of crude oil,and closed at 9205 CNY/ton on Friday.

https://www.echemi.com/zycms/293416.html

PX

The PX market fluctuated upward this week, and the market price increased slightly.From the macro-economic market, concerns about oil over supply were triggered by the agreement on increasing production reached by OPEC + and the rapid spread of delta mutant strain at the beginning of the week, and the oil price fell by nearly US $5, the largest decline since March.

https://www.echemi.com/zycms/293460.html

DMF

This week, the focus of domestic DMF market rose. At the beginning of the week, the shipment rhythm of some factories was somewhat slower than that in the early stage, the supply and inventory of goods were expected to increase, there sistance of small and medium-sized customers to high prices was obvious, andthe purchase intention to enter the market was low.

https://www.echemi.com/zycms/293446.html

DBP

This week, the trend of domestic DBP marketis upward and just needs to be maintained. The supply of raw material n-butanolis in short supply, and the price rises during the week. When the supply of naphthalene phthalic anhydride is tight, it is also a steady trend. 

https://www.echemi.com/zycms/293436.html

DOP

This week, Asian DOP closed at $1900 / ton CFR China, up $150, and $1900 / ton CFRSoutheast Asia, up $180. Asian phthalic anhydride closed at $830 / ton CFR China, up $20, and $870 / ton CFR Southeast Asia, flat.

https://www.echemi.com/zycms/293437.html

TDI

The price of TDI rose this week. As of Friday, the negotiation for the delivery of domestic goods with tickets in EastChina was about 14400-14500 CNY/ton, and the delivery of goods with tickets in Shanghai was about 14700-15000 CNY/ton, an overall increase of 500-800CNY/ton compared with last Friday.

https://www.echemi.com/zycms/293432.html

MDI

The overall range of domestic aggregate MDI market moved down this week. As of Friday, the ex warehouse of Shanghai goodsand Wanhua goods in East China in barrels with tickets was 19800-20200 CNY/ton, down 600-700 CNY/ton compared with last Friday.

https://www.echemi.com/zycms/293424.html

PTA

The PTA market rose in a wide range this week, and the market price rose sharply. As of July 23, the PTA spot market price was 5380 CNY/ton, up 307 CNY/ton or +6.05% month on month compared with last Friday.

https://www.echemi.com/zycms/293461.html

BDO

As of Friday, bdo-500 tons of water in East China continued to rise compared with that in the domestic market by the end of the week.

https://www.echemi.com/zycms/293420.html