Market Analysis - Weekly Report - April 29th to May 6th, 2022- Hot Products

Market Analysis - Weekly Report - April 29th to May 6th, 2022- Hot Products

EVA

The Asian ethylene market was weak this week. During the week, the closing price of Asian ethylene spot CFR in Northeast Asia was US$1,210/ton, down by US$30/ton compared with the same period last week; the closing price of CFR in Southeast Asia was US$1,260/ton, down compared with the same period last week. $30/ton. The spot talks on ethylene in Asia were light. Affected by public holidays, the market sentiment was sluggish and the wait-and-see mood was strong.

https://www.echemi.com/zycms/637455.html

N-butanol

This week, the overall demand for replenishment of downstream factories increased for a time, and the enthusiasm of factories to actually pick up goods generally rebounded, but since then, purchases have gradually decreased. It is expected that the overall purchase volume of factories will pick up next week, and the overall demand for replenishment is expected to show an upward trend. high. Supply is expected to remain abundant.

https://www.echemi.com/zycms/637395.html

Octanol

This week, the Chinese octanol market as a whole rose sharply compared with last week. The epidemic gradually showed signs of easing around May 1. The downstream construction and product sales showed signs of improvement. There are signs of recovery in logistics and transportation in major Chinese regions and production areas. The concentrated replenishment of alcohol led to a substantial increase in orders, and the market transaction became more active.

 https://www.echemi.com/zycms/637394.html

Diethylene Glycol

Market discussions were light during the May Day holiday, but the European Union proposed a six-month embargo on Russian oil due to the lack of OPEC's increase in production. On May 4th, external time, crude oil closed soared by 5%. With the boost from the cost side, the diethylene glycol market rebounded in a narrow range on the first trading day after the holiday.

https://www.echemi.com/zycms/637399.html

ABS

The Chinese ABS market was weak and fluctuated this week. Due to the May Day holiday, there were only two trading days this week. Affected by the strong fluctuation of crude oil during the May Day holiday, and the domestic styrene period and spot continued to rise after the holiday, the mentality of the market was greatly affected. There may be some support for the mentality on the field. 

https://www.echemi.com/zycms/637454.html