Market Analysis - Weekly Report - April 11th to April 15th, 2022- Hot Products

Market Analysis - Weekly Report - April11th to April 15th, 2022- Hot Products

Methanol

This week, the mainland methanol market fell first and then rose. Last week, due to the impact of the epidemic and the performance of oil products in the lower reaches of local refineries in Shandong, the purchasing activities were mainly based on rigid demand, and the negotiated price was weak, which led to more profits in the main producing areas at the beginning of the week. During this week, two sets of equipment in the main production area were put into maintenance, and the supply side was tightened. 

https://www.echemi.com/zycms/597495.html

Acetic Acid

The domestic acetic acid market fell overall this week. Shanghai Huayi's 500,000 t/a plant and Nanjing BP's 500,000 t/a plant were shut down. According to market sources, a 500,000 t/a acetic acid plant in Henan was also shut down last weekend. Although the overall operating rate of the industry has fallen, the supply of acetic acid factories in Henan and Shandong was extremely limited in the early stage under the control of the epidemic, resulting in a rise in inventory to a high level. 

https://www.echemi.com/zycms/597494.html

Propylene Oxide

This week, China's propylene market was weak first and then strong. At the beginning of the week, the low opening price of international crude oil and polypropylene futures dampened the market sentiment. Some propylene units stopped in the early stage are about to restart and release bad news.

https://www.echemi.com/zycms/597465.html

Dimethyl Carbonate

This week, the domestic dimethyl carbonate market fluctuated and fell. As of this Friday, the ex-factory price of DMC in East China was 5000-5200 CNY/ton for reference, plus it fell 300-500 CNY/ton on Friday. Although the supply side decreased during the week, the downstream purchasing sentiment was not high. 

https://www.echemi.com/zycms/597469.html

C5C9

According to statistics, the current mainstream price of C5 petroleum resin for 5# road marking paint is 9000-10000 CNY/ton; the mainstream price of C9 petroleum resin thermopolymer 11# is 6000-7000 CNY/ton; the mainstream price of thermopolymer 17# is 5000-6000 CNY/ton; the mainstream price of tar resin market is 6000-6200 CNY/ton.

https://www.echemi.com/zycms/597510.html