Chemical News
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SunSirs: On March 22, the Sulfur Market in Shandong Province Was Sorted out on a Wait-and-see Basis Mar 23,2023
Price trend On March 22, the sulfur quotation of refinery enterprises in Shandong Province was adjusted, with the mainstream price of solid sulfur being around 1,190-1,250 RMB/ton, and the interval price being reduced by 30 RMB/ton; The mainstream price of liquid sulfur was 1,130-1,220 RMB/ton. The quotation is for reference only, ...>>>
SunSirs: Summary of Domestic Aluminum Fluoride Market on March 22 Mar 23,2023
Price trend On March 22, the domestic aluminum fluoride market was weak and stabilized, with market quotations of 8,500-9,300 RMB/ton. Analysis review The market of raw material hydrofluoric acid fluctuated and stabilized, the price of fluorite fluctuated and stabilized, and the cost of aluminum fluoride was...>>>
SunSirs: Demand Was Poor, and Domestic Acetone Market Was Cold Mar 23,2023
On March 22, Sinopec's acetone listing price in East China was lowered by 150 to 6,000 RMB/ton, while Sinopec's acetone listing price in North China was lowered by 100 to 6,100-6,150 RMB/ton. The listing price of petrochemical enterprises was lowered, and the profits of phenol and ketone enterprises declined again. According to the monitoring of Su...>>>
SunSirs: Consumption of Stainless Steel Plate Recovers Slightly under Domestic Economic Recovery Mar 23,2023
On March 20, the benchmark price of stainless steel plates in Sunsirs was 14,900.00 RMB/ton, a decrease of -4.05% compared with the beginning of this month (15,528.57 RMB/ton). On the supply side, in February 2023, the production of 300-series crude steel of 41 domestic stainless steel plants with new caliber in China was 1.4831 millio...>>>
SunSirs: Propylene Oxide Market Was Weak This Week (March 20-24) Mar 27,2023
According to monitoring data from SunSirs, as of March 24, the average price of propylene oxide of propylene oxide enterprises was 10,375.00 RMB/ton, down 3.49% compared to Monday's price. Analysis review The propylene oxide market fell this week. Recently, the price of raw material propylene had fallen, the price of raw mate...>>>
SunSirs: Seamless Tube Market Weekly Report (3.20-3.25) Mar 27,2023
On March 25, the benchmark price of seamless tube in SunSirs was 5102.50 RMB/ton, an increase of 2.05% compared with the beginning of this month (5000.00 RMB/ton). In terms of raw materials and pipe factories, the price of pipe blanks has fallen, and the price of raw materials has continued to decline. The quotations of pipe factor...>>>
SunSirs: On March 24th, the Price of 2-EH in Shandong Increased by 1.66% Mar 27,2023
On March 24th, the market price of 2-EH in Shandong Province was 9,614.29 RMB/ton, with a slight increase. Compared to March 23rd, the price increased by 157.15 RMB/ton, or 1.66%. Compared with the same period last year, the decrease was 26.23%. Analysis review Upstream propylene prices fell slightly, and cost support w...>>>
SunSirs: Driven by Both Cost and Supply and Demand, PTA Prices Remained Strong Mar 27,2023
On March 24th, the average domestic PTA market price was 6,167 RMB/ton, up 1.71% from the previous day and up 10.18% from the beginning of the month. Analysis review Recently, crude oil correctively rebounded, PX spring maintenance continued, and the supply side had decreased. The cost side formed significant support fo...>>>
SunSirs: Petroleum Coke is Expected to Decline in the Near Future Mar 27,2023
On March 20, the benchmark price of petroleum coke in SunSirs was 2601.50 RMB/ton, which was -9.17% lower than that at the beginning of this month (2864.00 RMB/ton). SunSirs analysts believe that international crude oil has plummeted this week, and the cost support of petroleum coke is limited; at present, the inventory of petroleu...>>>
SunSirs: Coking Coal Prices Temporarily Stabilized This Week (March 20-24) Mar 28,2023
According to the monitoring of SunSirs, coking coal prices had temporarily stabilized this week. The average market price from the beginning of the week to the end of the week was 2,458.33 RMB/ton, a decrease of 20.05% compared to the same period last year. The energy index stood at 1,071 points on March 23, a decrease of 1 point compa...>>>
SunSirs: Last Weekend, Buyers of Benzene in East China Market Mainly Waited and Watched Mar 28,2023
On March 27, the benchmark price of benzene in SunSirs was 7225.50 RMB/ton, an increase of 1.71% compared with the beginning of this month (7103.83 RMB/ton). SunSirs analysts believe that last weekend in the East China market, buyers were mainly on the sidelines, while sellers stood up their prices, and the trading atmosphere was s...>>>
SunSirs: Silicon Market Prices Continued to be under Pressure Last Week Mar 28,2023
On March 27, the benchmark price of silicon metal in Sunsirs was 16,890.00 RMB/ton, a decrease of -5.96% compared with the beginning of this month (17,960.00 RMB/ton). Silicon metal continued to be under pressure this week, and the decline at the end of the week slowed down. According to the monitoring of SunSirs, as of March 27, t...>>>
SunSirs: Currently PVC Spot Market Demand is Light Mar 28,2023
On March 25, the benchmark price of PVC resin SG5 in Sunsirs was 6041.67 RMB/ton, which was -4.30% lower than that at the beginning of this month (6313.33 RMB/ton). PVC spot prices fell this week. At present, the PVC spot market demand is light. The price of upstream calcium carbide fell sharply, the price of crude oil market dropp...>>>
SunSirs: Propylene Oxide Market Was Weak This Week (March 20-24) Mar 28,2023
According to monitoring data from SunSirs, as of March 24, the average price of propylene oxide of propylene oxide enterprises was 10,375.00 RMB/ton, down 3.49% compared to Monday's price. Analysis review The propylene oxide market fell this week. Recently, the price of raw material propylene had fallen, the price of ra...>>>
SunSirs: Cyclohexane Market Was Stable and Stronger (March 17-24) Mar 28,2023
According to data monitored by SunSirs, as of March 24th, the average price of domestic industrial grade premium cyclohexane was 7,400 RMB/ton. This week, the price trend of cyclohexane increased slightly, with a price increase of 0.45% compared to the same period last week. The overall market supply and demand were balanced, and the focus of ...>>>
SunSirs: Led by Negative Factors, the Soybean Meal Market Continued to Weaken in March Mar 29,2023
According to the monitoring data of SunSirs, in March, the demand for terminal feed was poor, and the soybean meal market continued to fluctuate and decline, with the overall decline exceeding 11%. At the beginning of the month, the average market price of soybean meal was 4,300 RMB/ton. On the 28th, the average market price of soybean meal wa...>>>
SunSirs: The Cost of Raw Materials Supported, the Downstream Demand Was Good, and the Price of Ethylene Oxide Was Strong Mar 29,2023
According to data from SunSirs, on March 27, 2023, the average spot market price of ethylene oxide in China was 7,200 RMB/ton, up 2.86% from the beginning of the month; Compared to the price being 6,800 RMB/ton at the beginning of the year, the price increased by 5.88%. On the 27th, Sanjiang Chemical Co., Ltd. quoted an ex-factory ...>>>
SunSirs: Propane Fell Sharply in March and Stabilized at the End of the Month Mar 29,2023
In March, the domestic propane market continued its downward trend and stabilized at the end of the month. According to data monitoring by SunSirs, the average market price of propane in Shandong was 6,107 RMB/ton on March 1, and 5,173 RMB/ton on March 27. The monthly decline was 15.3%, and down 25.71% compared to the same period last year.>>>
SunSirs: Demand Was Dragging Down, and the Silicone DMC Market Had Been Running Downward Since March (March 1-28) Mar 29,2023
According to the monitoring data of SunSirs, as of March 28, 2023, the domestic silicone DMC market price reference was 15,860 RMB/ton. Compared to the March 1, 2023 (silicone DMC reference price 17,380 RMB/ton) price, the price was reduced by 1,480 RMB/ton, a decrease of 8.75%. Analysis review As can be seen from the d...>>>
SunSirs: Due to Insufficient Demand, the Propylene Glycol Market Continued to Decline in March (March 1-29) Mar 30,2023
Price trend According to the monitoring data of SunSirs, as of March 29, 2023, the reference market price of domestic industrial grade propylene glycol was 8,500 RMB/ton. Compared with March 1 (reference price of propylene glycol was 9,566 RMB/ton), the price was reduced by 1,066 RMB/ton, a decrease of 11.15%. Analysis ...>>>
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