Market Analysis - Weekly Report - March 14th to March 18th, 2022- Hot Products

Market Analysis - Weekly Report - March 14th to March 18th, 2022- Hot Products

Butyl Acetate

This week, the weakness of domestic ethyl acetate declined. This week, the raw material acetic acid was mainly consolidated, the price of ethanol was firm, and the cost was slightly supported. On Wednesday, the main factories in Shandong suspended bidding and switched to retail, and the prices were continuously lowered. The overall trading atmosphere of the market was average. 

https://www.echemi.com/zycms/542596.html

Phthalic Anhydride

This week, the domestic phthalic anhydride market is dominated by downward trend, the market is short of buying gas, and new orders are deserted. The production and sales of major downstream plasticizers are not prosperous and the prices continue to fall. When the demand for phthalic anhydride is weak, the resistance is also increasing, the superimposed transportation is limited, and the empty sentiment is dominated. Whether it is o-phthalic anhydride or naphthalic phthalic anhydride, the market low price continues to increase.

https://www.echemi.com/zycms/542591.html

MTBE

This week, the Asian MTBE market fluctuated and fell. As of March 17, the Asian MTBE price was evaluated at US $1065.77/ton FOB Singapore, down US $132.23/ton from last Thursday. International crude oil and gasoline prices are weakening, Asian MTBE market is following the downward trend, and the buyers are generally enthusiastic. The FOB price in Singapore is higher than the domestic MTBE price in China, which will stimulate Korean suppliers to export more products to Singapore. According to customs data in February, South Korea exported 5,192.5 tons of MTBE to Singapore.

https://www.echemi.com/zycms/545570.html

Propylene Oxide

This week, the domestic propylene oxide market has been running weakly, and the price has fallen broadly. As of Friday, the spot ex-factory price of PO in Shandong was 11100-11300 CNY/ton, down 1000-1100 CNY/ton from last Friday.

https://www.echemi.com/zycms/542574.html