Market Analysis - Weekly Report - February 7th to February 11th, 2022- Hot Products

Market Analysis - Weekly Report - February 7th to February 11th, 2022- Hot Products

Acetic Acid

With the end of the Spring Festival holiday and the opening of the Chinese market, trading activity in the Asian acetic acid market has increased this week. Some late-February cargoes were priced at $650-670/ton FOB China at the beginning of the week.

https://www.echemi.com/zycms/487713.html

Propylene

In this week, the propylene market in Northeast Asia was sorted out after rising. FOB South Korea rose $45 / ton to $1084-1086 / ton; CFR $1114-1114 / ton / China. Crude oil prices rose strongly during the lunar new year, and the market range rose sharply after buying back after the festival.

https://www.echemi.com/zycms/487716.html

Propylene Glycol

After the festival, the market trend of propylene glycol in China rose sharply. It was heard that the storage and maintenance of foreign propylene glycol devices were expected.

https://www.echemi.com/zycms/487704.html

Polyether 

After the festival, due to the rise of raw material Po and the reduction of burden or maintenance of local polyether factories in the middle of the festival, the factory inventory was tight, and the polyether began to explode on the first working day after the festival, and the polyether price rose accordingly. 

https://www.echemi.com/zycms/487686.html

MDI

This week, the domestic aggregated MDI market rose slightly and then fell slightly. As of Friday, the Shanghai cargo barrels in East China with a bill refer to 21,400-21,600 CNY/ton, and the Wanhua barrels and bills refer to 21,800-22,000 CNY/ton.

https://www.echemi.com/zycms/487687.html