Chemical News
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SunSirs: China Natural Rubber Market was Weak and Volatile Last Week Sep 27,2023
According to the Commodity Market Analysis System of SunSirs, the recent trend of natural rubber in China was fluctuating and downward last week. The spot rubber market in China was around 12,680 RMB/ton on September 25th and around 12,780 RMB/ton on September 18th, a decrease of 0.78%. Influencing factors: 1. Limited o...>>>
SunSirs: Strong Supplier Support, China PA66 Market is Increased Sep 27,2023
Recently, the domestic PA66 market has shown a strong trend. According to data monitoring from SunSirs, the mixed benchmark price of PA66 in China was 19,933.33 RMB/ton on September 25th, with a price increase or decrease of +8.14% compared to the beginning of the month. Recently, the PA66 market has been relatively strong, and ove...>>>
SunSirs: Cost Loosening, China ABS Market Rebounds from High Levels Sep 27,2023
In mid September, the domestic ABS market continued to rise, with spot prices rising. According to the Commodity Market Analysis System of SunSirs, as of September 25th, the average price of ABS sample products was 12,050 RMB/ton, with a +11.06% increase or decrease compared to the average price level at the beginning of the month. ...>>>
SunSirs: Cobalt Prices Stopped Falling and Rebounded in September Oct 07,2023
According to the cobalt market analysis system of SunSirs, as of September 30th, the cobalt price was 255,000 RMB/ton, an increase of 1.84% compared to September 1st, when the cobalt price was 250,400 RMB/ton. The cobalt price in September changed from the downward trend in August, and the cobalt price rebounded and stabilized. The installatio...>>>
SunSirs: Cost support, China NBR Market Had a Significant Increase in September Oct 07,2023
The market for NBR increased significantly in September. According to the Commodity Market Analysis System of SunSirs, as of September 28th, the price was 15,900 RMB/ton, an increase of 12.57% from 14,125 RMB/ton at the beginning of the month. In September, the prices of butadiene and acrylonitrile, the raw materials for NBR, significantly increase...>>>
SunSirs: On October 7th, the Domestic Butadiene Market Slightly Sorted Out Oct 07,2023
The spot self-delivery price of butadiene in the East China region is based on 8,300-8,400 RMB/ton. The mainstream delivery price of butadiene in North China is between 8,650-8,700 RMB/ton. On October 6th, the closing price of butadiene in Asia remained stable: FOB South Korea was quoted at 1,015- 1,025 US dollars per t...>>>
SunSirs: On October 9th, the Domestic BDO Market Continues to Decline Oct 09,2023
Market dynamics: The BDO market in South China has shifted downwards. Supply side support has weakened, downstream mainly is digesting inventory after the holiday, demand performance is sluggish. The mentality of the holding manufacturer towards shipping has led to a downward trend in the market center The BDO market in East China ...>>>
SunSirs: On October 9th, the Price of Fluorite in the Henan Region temporarily stabilized Oct 09,2023
Price trend On October 9th, the market trend of fluorite in Henan Province remained temporarily stable. Currently, the mainstream price of 97% wet fluorite powder, including taxes, is quoted at 3,600-3,800 RMB/ton. Analysis review The supply of goods on site was normal, and the sales situation was average. R...>>>
SunSirs: Cost Was Bearish for the Market after the Holiday, Leading to a Decline in the Domestic Phenol Market Oct 09,2023
This week, the domestic phenol market declined overall. According to the analysis system of SunSirs, on October 7th, the domestic market was quoted at 9,345 RMB/ton, with a single day decline of 1.34% in the national market. Among them, the negotiated price in the East China market decreased by 200 RMB/ton to 9,150 RMB/ton. Analysi...>>>
SunSirs: Shandong Styrene Market Slightly Declined Oct 09,2023
According to the Commodity Market Analysis System of SunSirs, the styrene market fell on October 8th. The price of styrene in Shandong was 8,846.67 RMB/ton, a decrease of 3.14% compared to the previous trading day and a year-on-year decrease of 5.43%. Analysis review International oil prices had fallen, cost support was poor,...>>>
SunSirs: The Fuel Oil Market on the Shanghai Futures Exchange Declined on October 12 Oct 13,2023
On October 12th, fuel oil prices in Shanghai slightly decreased. The main contract 2401 closed at 3,295 RMB/ton, down 27 RMB or 0.81%. The total number of contracts traded was 925,666, and the position increased by 5,431 to 472,279. The main contract transactions were 631,076, and the position decreased by 508 to 249,698. >>>
SunSirs: EIA: US Crude Oil Inventories Soared Last Week Oct 13,2023
Data released by the U.S. Energy Information Administration (EIA) on Thursday showed that U.S. crude oil inventories surged last week as production jumped to a record high, while gasoline and distillate inventories fell. The decrease in refinery utilization and the increase in net imports exacerbated the increase in crude oil inventories. ...>>>
SunSirs: Lack of Demand Support, the Focus of Propylene Glycol Declined after the Holiday Oct 13,2023
Analysis of Factors Influencing the Market of Propylene Glycol In terms of demand: Downstream demand was light, with limited new orders and transactions After the holiday, the trading atmosphere in the propylene glycol market was light, downstream was cautiously purchasing based on demand, and some of them mainly digest...>>>
SunSirs: Weak Demand, the Growth of China LPG Rebound Oct 17,2023
Last week (10.7-10.13), the Shandong LPG market experienced a volatile decline, with a slight overall increase. According to the Commodity Market Analysis System of SunSirs, the average price of LPG in the civilian Shandong market on October 7th was 5,254 RMB/ton, and on October 13th it was 5,256 RMB/ton, an increase of 0.04% during the cycle, a...>>>
SunSirs: Narrow Range Consolidation of China Methanol Market Oct 17,2023
According to the Commodity Market Analysis System of SunSirs, from October 7th to 13th (as of 15:00), the average price of methanol at East China ports in the domestic methanol market increased from 2,447 RMB/ton to 2,480 RMB/ton. During the cycle, the price increased by 1.36%, with a maximum amplitude of 2.08%, a month on month increase of 0....>>>
SunSirs: The Flake Caustic Soda Prices Were Consolidated This Week (October 7-13) Oct 17,2023
Price trend According to the Commodity Analysis System of SunSirs, the price of flake caustic soda had stabilized this week. On October 7th, the average market price in Shandong was 3,700 RMB/ton, and on the weekend, the average market price in Shandong was 3,725 RMB/ton, with a price increase of 0.68% and a decrease of 22.4% compa...>>>
SunSirs: After the Holiday, the N-Propanol Market Slightly Rose (October 1-13) Oct 17,2023
Price trend According to the price monitoring data of SunSirs, as of October 13, 2023, the price of domestic n-propanol was referenced at 8,000 RMB/ton. Compared with October 1, 2023 (n-propanol price reference 8,016 RMB/ton), the price was increased by 16 RMB/ton. Analysis review Looking back at September, ...>>>
SunSirs: Acrylic Acid Market Price Dropped (October 9-13) Oct 17,2023
Price trend According to the Commodity Market Analysis System of SunSirs, as of October 13th, the average quoted price of acrylic acid in the East China region was 6,450.00 RMB/ton, a decrease of 2.27% compared to Monday's price. Analysis review The acrylic acid market declined this week. The propylene marke...>>>
SunSirs: Lithium Hydroxide Prices Fluctuated Slightly, with Average Demand (October 7-17) Oct 18,2023
According to the Commodity Market Analysis System of SunSirs, as of October 17th, the average price of industrial grade lithium hydroxide enterprises in China was 208,000.00 RMB/ton, a decrease of 3.93% compared to October 7th. Analysis review After returning from the holiday, the domestic industrial grade lithium hydroxide m...>>>
SunSirs: Replenishment Ended, Costs Lost Support, and DOP Prices Fell This Week Oct 18,2023
According to the Commodity Market Analysis System of SunSirs, as of October 16th, the price of DOP was 11,516.67 RMB/ton, a decrease of 5.60% compared to the price of 12,200 RMB/ton on October 7th. This week, plasticizer prices had fallen from a high point, with no cost support, and DOP prices fluctuated and fell this week. The pri...>>>
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