Market Analysis - Monthly Report - June, 2022- Hot Products

Market Analysis - Monthly Report - June, 2022- Hot Products

Methanol

In June 2022, the price index of methanol and downstream industrial chain of ECHEMI Information mainly fell. As of June 30th, the price index of ECHEMI Information Methanol Industry Chain closed at 4221 points, down 4.87% from the same period of last month. In June, methanol and downstream products within the monitoring range of ECHEMI Information mainly fell, among which acetic acid fell by 26.21%, followed by methane chloride by 14.67%, and MTBE by 8.75%.

https://www.echemi.com/zycms/761092.html

DMC

In June, China's DMC market rose first and then fell in the stalemate, showing an upward trend in the middle and late period, with an overall "n" trend. The average price in the month was 5473 CNY/ton, 4567 yuan higher than the average price in May.

https://www.echemi.com/zycms/761067.html

 Stearic Acid

In May 2022, my country imported a total of 32,291.855 tons of stearic acid, with an import value of US$ 56,348,403. The monthly average price was US$ 1,745/ton, and the annual cumulative average price was US$ 1,560.5/ton. This month's import volume increased by 27.55% month-on-month, compared with the same month last year. Compared with an increase of 3.54%, a total of 129,000 tons will be imported in 2022, a decrease of 12.42% compared with the same period in 2021.

 https://www.echemi.com/zycms/761077.html

Butadiene

In June, the domestic butadiene market fluctuated violently. The reason for the price fluctuation of butadiene market this month lies in the sudden accident of Shanghai Petrochemical Plant, which caused the butadiene plant to stop and the newly-built plant to be postponed again. The news boosted the mentality of the operators. However, the follow-up of the overall downstream demand is still weak, and the supply of goods in Northeast China is continuously exported, and the spot on the market is filled, so there is no favorable support for the supply and demand side.

https://www.echemi.com/zycms/761093.html

Styrene

Styrene market rose first and then declined in June. Driven by the rise of crude oil and the new high of pure benzene in the first ten days, styrene also hit a high of 11,500 CNY/ton in recent two years. In the latter half of the year, with the high price pressure gradually becoming apparent, crude oil fluctuates at a high level and in a wide range. Pure benzene has resistance above 10,000 yuan. The motivation in terms of cost is reduced.

https://www.echemi.com/zycms/761095.html