Market Analysis- Weekly Report- October 18 to October 22, 2021- Hot Products

Market Analysis- Weekly Report- October 18 to October 22, 2021- Hot Products 

Propylene Glycol

This week, the China's propylene glycol market was operating strongly, with an increase of 1.2% from last week. On the whole, China's stocks are still tight, with Yulin and Tongling plants shutting down for maintenance, and northern factories receiving orders for volume control, and placing orders for delivery is the main focus. In terms of demand, the China's downstream raw material inventory is low, but the price of propylene glycol is at a historical high.

https://www.echemi.com/zycms/382327.html

Polyether

This week, the China's soft foam polyether market tended to fluctuate, and there are signs of a dark drop approaching the weekend. During the week, the manufacturers executed the pre-orders, the new orders were limited, and the downstream enterprises mainly digested the inventory. On the basis of the high price of polyether, the intention to accept the orders was not good. Dual control in some areas still has an impact. 

https://www.echemi.com/zycms/382308.html

Maleic Anhydride

This week, China's maleic anhydride market continued to rise, and the price hit a new high. This week, due to the regeneration accident at the supply side of maleic anhydride, the plant of the main manufacturer stopped suddenly. Under the expectation of tightening supply, the seller actively pushed up, driving the focus of negotiation to above 15500 CNY/ton.

https://www.echemi.com/zycms/382329.html

Acrylonitrile

This week, the market price of acrylonitrile in China ran smoothly. At the beginning of the week, the manufacturer's quotation increased slightly. It is expected that the settlement price of this month may rise slightly, around 14800 CNY/ton. However, the fundamentals of supply and demand remain unchanged, and the offer of market merchants remains stable. 

https://www.echemi.com/zycms/382345.html

Isopropanol

China's isopropanol market continued to decline after a small rise this week. As of October 22, the mainstream quotation of isopropanol market in East China was 8150 CNY/ton, down 350 CNY/ton compared with last weekend. At the beginning of the week, due to the boost of raw material acetone, the mentality of the cargo holders was stable and the offer was strong.

https://www.echemi.com/zycms/382317.html