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Polypropylene | Strong demand in Vietnam Chinese enterprises actively expand overseas layout
As one of the important economies in Southeast Asia, Vietnam’s economy is currently in a take-off stage, and the living consumption level of its people has also been significantly improved. In recent years, the demand for plastic products in the Vietnamese market has become increasingly str...Read more -
Monoammonium phosphate | downturn trend when scattered?
More than half of December has been, the domestic monoammonium phosphate market still maintains weak operation, the overall demand side continues to be weak, the new order is insufficient to follow up, the orders to be issued continue to shrink, the sales pressure of some factories is gradually r...Read more -
Ethylene glycol | polyester end shows strong ethylene glycol lower support is obvious
After entering December, ethylene glycol appeared a wave of downward trend, but under the lower bargain buying interest is obviously strong, the mainstream market within the year around 4000 price support is obvious, bargain buying interest is increased, the market bottomed out. At present, with...Read more -
Urea | When will the impasse break?
[Introduction] : Recently, with the cold air, most of the northern provinces ushered in the snow mode, to the end of the year, the urea market is in a wave of news in the impact of the rise and fall, the market change quickly gradually affect the industry on the future market judgment, the deep w...Read more -
Diesel | cracking spread in November again broke the risk of falling from a thousand remaining high
In 2023, China’s diesel market price volatility, two significant increases have risen in expectations, rather than the peak season, as of December 11, the diesel market price of 7590 yuan/ton, up 0.9% from the beginning of the year, down 5.85% year-on-year, the average annual price of 7440 ...Read more -
The three main factors of toluol | are mixed in the market in 2023
In 2023, the overall trend of China’s toluene market is strong, and the performance of the toluene market is commendable due to the stable fundamental performance. In the first quarter, the focus of the toluene market negotiation oscillated upward, and the main favorable support was the st...Read more -
Toluene | The three main factors interwoven 2023 market performance is commendable
In 2023, the overall trend of China’s toluene market is strong, and the performance of the toluene market is commendable due to the stable fundamental performance. In the first quarter, the focus of the toluene market negotiation oscillated upward, and the main favorable support was the st...Read more -
Oil | The results of the OPEC+ meeting made the market suspicious of the decline in international crude oil prices
The market continues to doubt the implementation of OPEC+ voluntary production cuts, and international oil prices have fallen for six consecutive working days, but the decline has narrowed. As of December 7, WTI crude oil futures $69.34 / barrel, Brent crude oil futures $74.05 / barrel, both fell...Read more -
Acrylic acid and ester | market recent trend analysis
Entering December, the domestic acrylic acid and ester market continued to move upward after a brief adjustment. Among them, butyl acrylate and isooctyl acrylate prices increased significantly, mainly due to the upstream raw material butanol prices rose more than expected, butyl acrylate and iso...Read more -
Trend analysis of production and capacity utilization rate of soda ash |
The correlation coefficient between soda ash price and capacity utilization rate in 2023 is 0.26, which is low correlation. As can be seen from the figure above, the first half of the soda ash construction is relatively high, device maintenance scattered, spot prices fell steadily, mainly the new...Read more -
Urea | November interval shock can be broken in December
In a flash, November has passed, and 2023 will enter the last month. For the urea market, the urea market fluctuated in November. The policy and news surface of the month continue to have a significant impact on the market. In November, the overall price rose and then fell, but the rise or fall w...Read more -
Fuel oil | Refinery equipment maintenance concentrated domestic fuel oil commodity volume continued to fall
In November 2023, the profit of the refinery was still low, and some of the raw materials of the refinery were tight, and the equipment still had short-term shutdown or negative operation. Domestic fuel oil commodity volume fluctuated down from the previous month. Domestic refinery fuel oil commo...Read more
