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Gas | inventory reduction in Europe short of supply?
In Europe, the market is on a downward trend this week as the Troll field in Norway is reducing production beyond the scope of earlier maintenance plans, natural gas inventories rose to a high but decreased, but TTF futures prices fell as stocks in the region are now too abundant. In the United S...Read more -
Acrylic acid and ester | whether the raw material cost side support can continue
International oil prices are affected by the supply side of the price is strong, most of the domestic organic chemicals sector is strong, Longzhong monitoring of organic chemicals index in July, although only 0.34% higher than the June value, but higher than the beginning of the value of 1.26%, t...Read more -
Ammonium sulfide | “magic” ammonium sulfide continued to rise good demand is the main reason
Industry profits good caprolactam started to maintain a high level Petrochemical, Haili, Qinghua parking. Cangzhou Xuyang phase I production resumed, Yongrong is basically full, Sanning maintenance is slightly delayed, caprolactam load is expected to remain high in the near future, and the supply...Read more -
Phenol ketone | market both up manufacturers get rid of losses
Under the influence of tight supply, both phenol and acetone markets have risen recently, leading the rise. As of July 28, the negotiated price of phenol in East China rose to about 8200 yuan/ton, up 28.13% from the previous month. East China acetone market negotiation price at 6900 yuan/ton, up ...Read more -
Styrene | Market fundamental data forecast for the second half of 2023
I. Production supply forecast – New capacity It is expected that in the second half of the year, domestic styrene production capacity will maintain an increasing trend, rough statistics are expected in the second half of the year there will be 1.8 million tons/year of styrene new plant capa...Read more -
Aniline | Outlook for the second half of 2023
一.The second half of the fundamental forecast 1.1 Production Forecast According to Longzhong Information research, the aniline product industry plans to build 385,000 tons of production capacity in the second half of 2023, and there is no withdrawal capacity plan. The new production capacity is ...Read more -
Caprolactam | Strong cost supported the rally
Introduction: The recent upstream pure benzene market continues to rise, and the cost side forms strong support for the caprolactam market, and the caprolactam market follows the upward trend. The main supporting power of the late market is still from the cost side, it is expected that the caprol...Read more -
Crude oil | The US Federal Reserve’s interest rate meeting is coming. The process of raising interest rates is widely concerned by the market
Today, the international crude oil market is most concerned about the meeting of the federal reserve on July 25. On July 21st bernanke, chairman of the federal reserve, said: “the fed will raise interest rates for 25 basis points in the next meeting, which may be the last time in July.̶...Read more -
Analysis of market operation characteristics of epoxy resin | in the first half of 2023
Entering 2023, the domestic epoxy resin continues to expand capacity, but the downstream demand recovery is less than expected, the contradiction between market supply and demand is highlighted, and the market price as a whole shows a downward trend. The narrowing of epoxy resin profit margin and...Read more -
Pure MDI | long-term destocking demand startup can help uplink
Introduction: After the domestic pure MDI market went to the warehouse at a high level in May, the downward trend in June continued to digest finished product inventory and raw material inventory, pure MDI through two months of destocking, the downstream slurry market has started buying intention...Read more -
Propylene | Recent market installations and profit changes
[Guide] : In late June, unexpected shutdown of propylene market equipment occurred one after another, which was favorable to the supply side, while the enthusiasm of downstream products picked up, and the market price stopped falling, as of July 14, the mainstream transaction of Shandong propylen...Read more -
Phenol | Evolution of the first half of 2023 under the change of supply and demand
Abstract: In the first half of 2023, the domestic phenol market rose and fell, and the price was mainly driven by supply and demand factors. The spot price fluctuated around 6000-8000 yuan/ton, which was at the low level in the past five years. According to Longzhong statistics, the average price...Read more
