Chemical News
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SunSirs: Terminal Consumption Lagged Behind, PA6 Market Remained Stagnant and Then Declined Jun 02,2023
Price trend In May, the domestic PA6 market stabilized first and then fell, with spot prices generally decreasing. According to data monitoring from SunSirs, as of May 31, the average factory price of PA6 in China was 13,525 RMB/ton, a decrease of 3.22% compared to the average price level at the beginning of the month. ...>>>
SunSirs: DMF Market Was Weak and Downward in May Jun 02,2023
According to data monitored by SunSirs, as of May 31st, the average price of premium DMF from domestic DMF enterprises was 5,137.5 RMB/ton. In May, DMF prices showed a narrowly weaker trend, with an overall decrease of 6.16%. As of 31st, the mainstream price was around 5,200 RMB/ton. Analysis review In May, the overall market...>>>
SunSirs: Raw Materials Plummeted & Supply and Demand Weakened, Liquid Ammonia Continued Its Decline in May Jun 02,2023
In May, the domestic liquid ammonia market continued its decline in April, but the decline slightly slowed down. According to the monitoring of the commodity market analysis system of SunSirs, as of May 31st, the cumulative decline in the main production area of Shandong this month was 7.22%. Manufacturers in the Shandong region had cumulative...>>>
SunSirs: China Domestic SC Crude Oil Futures had a Significant Increase on June 2nd Jun 05,2023
Closing price: 518.3 RMB/barrel Analysis: Overnight crude oil futures saw a significant increase. US WTI crude oil futures surged 3%. On Friday, the domestic crude oil market followed suit, with the main contract for SC crude oil closing at 518.3 RMB/barrel, up 3.47%. Due to macro positive factors, the US House of Representatives passe...>>>
SunSirs: In May, the Market for SBR Was Weak and Declining Jun 05,2023
In May, the market for SBR was weak and declining. According to the Commodity Market Analysis System of SunSirs, as of May 31, the price of SBR 1502 was 11,375 RMB/ton, a decrease of 5.14% from 11,991 RMB/ton at the beginning of the month. The price of raw material butadiene had significantly decreased, the price of styrene had slightly declin...>>>
SunSirs: Acrylonitrile-butadiene Rubber Market Slightly Declined in May Jun 05,2023
In May, the acrylonitrile-butadiene rubber market slightly declined. According to the Commodity Market Analysis System of SunSirs, as of May 31, the price was 15,025 RMB/ton, a decrease of 5.06% from 15,825 RMB/ton at the beginning of the month. In May, the prices of butadiene and vinyl cyanide as raw materials for acrylonitrile-butadiene rubb...>>>
SunSirs: The Market of Ammonium Chloride Continued Weakness in May Jun 05,2023
The market of ammonium chloride continued to be weak in May. According to the commodity market analysis system of SunSirs, as of May 31, the market price of dry ammonium chloride for agricultural use in East China was 627 RMB/ton, down 27.46% from 865 RMB/ton at the beginning of the month. The price of raw material liquid ammonia h...>>>
SunSirs: The Price of Pure Benzene Slightly Decreased This Week (May 29-June 2) Jun 05,2023
According to the Commodity Market Analysis System of SunSirs, the price of pure benzene had slightly decreased this week. On May 29th, the price of pure benzene was 6,572 RMB/ton, and on Friday (May 26th), the price of pure benzene was 6,502 RMB/ton, a decrease of 2.44% compared to last week and a decrease of 29.07% compared to the same period...>>>
SunSirs: The Price of Coke in China Shandong Port was Lowered on June 6 Jun 06,2023
The atmosphere of the coke market in Shandong Port is relatively cold and desolate, with port prices temporarily stable. The quasi first level outbound price of the port is around 1,820-1,850 RMB/ton, and the first level outbound price is 1,920-1,950 RMB/ton. The overall atmosphere of the port market is weak, with a slightly cold and desolate ma...>>>
SunSirs: US Oil Production will Grow rapidly in 2023, exceeding Previous Expectations Jun 07,2023
Foreign news on June 6, the US Energy Information Administration (EIA) announced on Tuesday that compared to previous expectations, US crude oil production will grow faster this year, while demand growth will slow down. The EIA released a new oil market outlook, after the Organization of the Petroleum Exporting Countries (OPEC) and...>>>
SunSirs: Unexpected Decline in US Crude Oil Inventory Last Week Jun 07,2023
Foreign news on June 6, according to data released by the American Petroleum Institute (API) on Tuesday, crude oil inventories in the United States decreased last week and finished oil storage increased. As of the week ending June 2nd, crude oil inventories decreased by approximately 1.7 million barrels. Gasoline inventory increase...>>>
SunSirs: Lack of Positive News, Domestic Epoxy Resin Dropped to a Four-year Low Jun 07,2023
Price trend Since May, the epoxy resin industry chain has shown a downward trend from top to bottom. Due to insufficient market demand, resin manufacturers faced significant shipping pressure, leading to a gradual accumulation of inventory in enterprises. At the same time, raw material suppliers were also facing declining market de...>>>
SunSirs: Supply and Demand Was Balanced, CPL Price Stabilized (May 29-June 5) Jun 07,2023
According to the commodity market analysis system of SunSirs, the average market price of domestic liquid CPL was 12,580 RMB/ton on May 29, and 12,185 RMB/ton on June 5. CPL prices fell 3.14% this week. Analysis review CPL market prices fell this week. The price of raw material pure benzene was lowered, resulting in ins...>>>
SunSirs: On June 7th, the Sulfur Market in Shandong Region Ran Smoothly Jun 08,2023
Price trend On June 7th, the sulfur prices of refinery enterprises in Shandong region were temporarily stable, with the mainstream price of solid sulfur ranging from 870 to 890 RMB/ton; the mainstream price of liquid sulfur as between 740-890 RMB/ton. The quotation is for reference only. The actual transaction price shall prevail.>>>
SunSirs: On June 7th, the Market Price of Hydrofluoric Acid in Jiangxi Province Temporarily Stabilized Jun 08,2023
Price trend On June 7th, the hydrofluoric acid market in Jiangxi Province remained temporarily stable. The mainstream price of anhydrous hydrofluoric acid, including taxes, was priced at 9,600-9,900 RMB/ton. Analysis review The supply of goods on site was normal, and the operation of merchant devices on site...>>>
SunSirs: On June 7, Cryolite Market Price Was Stable Jun 08,2023
Price trend On June 7, the Cryolite market ran smoothly, and the ex factory price in Henan was 7,200-8,900 RMB/ton; The factory price in Shandong was between 7,000-8,600 RMB/ton, and the actual transaction price was mainly negotiated. Analysis review The upstream operating rate was low, the raw materials wer...>>>
SunSirs: Summary of Domestic Aluminum Fluoride Market on June 7 Jun 08,2023
Price trend On June 7, the domestic aluminum fluoride market was temporarily stable, and the market quotation was 9,000-9,500 RMB/ton. Analysis review The market of hydrofluoric acid, the raw material, fluctuated and fell, the price of fluorite stabilized, and the cost of aluminum fluoride fell. The enthusia...>>>
SunSirs: On June 7th, the Sulfur Market in Shandong Region Ran Smoothly Jun 08,2023
Price trend On June 7th, the sulfur prices of refinery enterprises in Shandong region were temporarily stable, with the mainstream price of solid sulfur ranging from 870 to 890 RMB/ton; the mainstream price of liquid sulfur as between 740-890 RMB/ton. The quotation is for reference only. The actual transaction price shall prevail.>>>
SunSirs: Sanqi Market Breaks the Ice and Rises Jun 08,2023
According to past practices, the weather in June turned hot, and the Chinese herbal medicine market entered the off-season. The trading of goods slowed down, and the variety market would perform lukewarm and lukewarm. However, this year's market performance was abnormal, with popularity still gathering and hot varieties constantly emerging. The ...>>>
SunSirs: On June 8th, the Price of Fluorite in the Guangdong Region Temporarily Stabilized Jun 09,2023
Price trend On June 8th, the market trend of fluorite in Guangdong remained temporarily stable. As of June 8, the mainstream price of 97% wet fluorite powder, including taxes, was reported at 3,000-3,100 RMB/ton Analysis review The supply of goods on site was normal, the inventory on site was not high, and t...>>>
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