Market Analysis- Weekly Report- August 23 to August 27, 2021- Hot Products

Market Analysis- Weekly Report- August 23 to August 27, 2021- Hot Products

Acrylic and Ester

This week, the domestic acrylic and butyl ester market declined mainly, and the market decline continued to accelerate. During the week, the raw material propylene was reorganized at a high level, the butanol market was at a high level, and the cost support remained. During the week, the factory offered a large and stable price. 

https://www.echemi.com/zycms/329346.html

Acetic Acid

Asian acetic acid market weakened this week. The price of acetic acid in East China has stabilized at 5850-5950 CNY/ton this week, despite the unexpected failure of the Nanjing acetic acid plant, which caused the local acetic acid quotation to rise to 6000-6050 CNY/ton on August 26.

https://www.echemi.com/zycms/329366.html

Acrylonitrile

As of August 24, Asian CFR Far East prices for acrylonitrile continued to rise at $2,195 per ton, up $15 from last week. This was up $15 from the previous week. The spot market was supported by the unexpected closure of a line in China by Searborn and SECCO. Bullish sentiment also extended to South Asian markets.

https://www.echemi.com/zycms/329377.html

Ethanol

This week, domestic ethanol market prices fell narrowly. Downstream demand is weak, some mainstream plants parking maintenance, the overall market transactions are weak. Northeast region price fluctuations during the week, the raw material corn is still supported, the downstream purchase sentiment is general, the transaction is not lukewarm, manufacturers more low inventory finishing.

https://www.echemi.com/zycms/329345.html

MDI

This week, the domestic aggregated MDI market has risen. As of Friday, the shipment of Shanghai cargo in East China and Wanhua cargo in barrels with tickets is around 18,500-19,000 CNY/ton, which is an increase of 500-700 CNY/ton from last Friday.

https://www.echemi.com/zycms/329340.html

Aniline

This week, the center of gravity of domestic aniline market was stable. During the week, the raw material pure benzene was supported by crude oil, ending the continuous decline, and the port inventory dropped significantly, the center of gravity of pure benzene rose, and the cost side of aniline was supported by strong, while the inventory of aniline manufacturers was still at a low level, and it was reported that the load of Tianridge's plant was still low, and the downstream take was stable, the aniline manufacturers' mentality held firm and the quotation was stable during the week.

https://www.echemi.com/zycms/329344.html