Market Analysis - Weekly Report - February 28th to March 4th, 2022- Hot Products

Market Analysis - Weekly Report - February 28th to March 4th, 2022- Hot Products 

BDO

The BDO market continued to rise this week. The Xinjiang Cathay Pacific plant was overhauled in turn and the catalyst was replaced for the new plant. The overall supply was tight. The factory continued to maintain a strong market mentality, and the bidding price reached 28500-28600 CNY/ton. The mentality in the field was stable, the offer continued to rise, the downstream demand performance was general, the PBT price was strong and upward, PTMEG started to pick up slightly, and there was little change in other industries. 

https://www.echemi.com/zycms/528049.html

Butadiene

This week, the domestic butadiene market price went up slightly. As European and American countries began to restrict oil imports to Russia, European and American crude oil futures continued to break upward, and Brent crude oil once stood at $118/barrel, the highest since February 2013. Crude oil and naphtha prices rose sharply, resulting in an increase in butadiene costs, and some units may have negative expectations.

https://www.echemi.com/zycms/528081.html

Ethanol

Low prices in Northeast China rose, customers just needed to purchase normally, and the factory was supported by early orders; The price of superior grade and anhydrous in Henan has been increased by 100 CNY/ton, the market trading has improved, and the price rise of raw corn has also supported the mentality; Shandong is loose in a narrow range, the general quotation is too few, the downstream just needs to follow up

https://www.echemi.com/zycms/528058.html

Methanol

This week, the domestic methanol market increased significantly. During the week, the performance of the energy side was eye-catching, geopolitical contradictions intensified, and the market worried that sanctions would lead to tight supply. 

https://www.echemi.com/zycms/528080.html

Toluene

This week, the toluene market in Asia, Europe and America increased considerably. Asian toluene market price soared. Toluene prices in Asia were mixed on Friday as investors focused on adjustments in crude oil prices imposed by US sanctions following Russia's invasion of Ukraine.

https://www.echemi.com/zycms/155933.html