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Market Analysis- Weekly Report- October 01 to October 08, 2021- Hot Products

 ECHEMI 2021-10-25

Market Analysis- Weekly Report- October 11 to October 15, 2021- Hot Products

PTA

On the whole, the crude oil market still supported PTA during the week, but PTA's own supply and demand has no favorable support for the time being, and the high PTA processing fee also hinders its upward trend. From the perspective of the market outlook, the short-term high-level operation of crude oil will continue to boost the market mentality, but PTA's own supply is expected to increase, and when the downstream and terminal loads will increase is yet to be known. It is expected that the PTA market outlook will fluctuate slightly in a short period of time.

https://www.echemi.com/zycms/375684.html

DBP

https://www.echemi.com/zycms/375658.html

Phthalic Anhydride

This week, the Asian DOP closing price was US$1,875/ton CFR China, up US$50, and US$1915/ton CFR Southeast Asia, unchanged. Asian phthalic anhydride closed at US$965/ton CFR China, up US$45, and US$1,020/ton CFR Southeast Asia, up US$10.

https://www.echemi.com/zycms/375664.html

DOP

This week, the China's DBP market experienced a sharp rise and fall, and the market trading atmosphere was deserted. The low spot supply level of the DBP industry, along with the continuous substantial increase in the raw material n-butanol stage, the cost side is positive, and the merchants have greatly increased the price, and the inventory control phenomenon. However, after the market surge, the risk of chasing highs intensified. There were few new orders, superimposed on the decline in n-butanol, and the negatives intensified.

https://www.echemi.com/zycms/375658.html

Ethylene Oxide and Ethanolamine

The China's ethylene oxide market continued to rise this week, and the price of ethylene in Northeast Asia was slightly raised to US$1,160/ton CFR Northeast Asia. The price of ethylene oxide in the major regions is 8900-9200 CNY/ton. As of Friday, the China's market price is 8900 CNY/ton in East China; 9200 CNY/ton in South China; 8900 CNY/ton in North China; Central China area is 9100 CNY/ton; Northeast area is 8900 CNY/ton.

https://www.echemi.com/zycms/375639.html

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