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

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

Pure Benzene

This week, pure benzene was mixed, with Asia's center of gravity closing down and Europe and America's center of gravity closing up. In Asia, the increasingly strong crude oil rise makes the price of benzene market in Asia higher, the cost of refineries higher, and some cracking units in China reduce negative production.

https://www.echemi.com/zycms/535300.html

Methanol

This week, the domestic methanol market surged and fell back. At the beginning of the week, the pressure of geopolitical conflict was still prominent. Crude oil and thermal coal continued to surge, the energy side was tightly supported, and the domestic coal chemical industry rose steadily. In the first half of the week, the methanol market in the mainland was mostly raised in units of 100 yuan. Out of concern about the continued rise in the market outlook, the buying followed up quickly and the transaction performed well.

https://www.echemi.com/zycms/535295.html

Epoxy Resin

This week, the domestic epoxy resin market is running smoothly. The surge in crude oil boosted the market sentiment. Under the support of the favorable environment, the prices of raw materials bisphenol A and epichlorohydrin were obviously rising, and the cost support was increased. During the week, some of the offers of resin factories followed the rise. The raw materials rose, especially the performance of solid resin. obvious. The industry has a heavy wait-and-see attitude, and the cost transfer in the market is not smooth. The negotiation and follow-up are cautious, and the transactions are mostly maintained as needed.

https://www.echemi.com/zycms/535302.html

Ethanol

This week, China's ethanol market prices rose by a wide margin. The rising price of raw corn is conducive to the mentality of the ethanol market. Due to the strong operation in Northeast China and the shortage of goods in the market, due to the rising price of corn raw materials, some large factories closed their plates and did not report.

https://www.echemi.com/zycms/535272.html

Vinyl Acetate

This week, the domestic vinyl acetate market temporarily operated stably. As of March 11, the current mainstream turnover in North China is 12,800-13,700 CNY/ton; The current mainstream turnover in East China is 13,000-14,300 CNY/ton (calcium carbide method) 14,500-14,800 (ethylene method); The mainstream price in South China is 13,800-14,800 CNY/ton. This week's price is the same as last week's.

https://www.echemi.com/zycms/535290.html