Chemical News
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SunSirs: The Price of Flake Caustic Soda Remained Stable This Week (May 13-17) May 22,2024
Price trend According to the commodity analysis system of SunSirs, the price of flake caustic soda had been consolidating this week, with an average market price of 3,350 RMB/ton from the beginning of the week to the weekend, a decrease of 3.37% compared to the same period last year. On May 16th, the chlor alkali index ...>>>
SunSirs: The Price of Nitric Acid Had Increased This Week (May 13-17) May 22,2024
According to the Commodity Market Analysis System of SunSirs, the average price of nitric acid on May 13th this week was 1,893 RMB/ton, and on May 17th it was 1,926 RMB/ton, with a price increase of 1.76%. Analysis review The price of concentrated nitric acid was stable, with some prices rising. As of May 17th, the nitr...>>>
SunSirs : The Market Trend of Phthalic Anhydride in South China Rose May 22,2024
On May 22nd, the price trend of phthalic anhydride in the South China region increased. Downstream factories maintained their demand for essential purchases, but high-end transactions were hindered. The mainstream negotiations for neighboring French sources of goods on the market were between 8000 and 8100 RMB/ton, while the mainstream negotia...>>>
SunSirs : The Total Import Volume of Stainless Steel in China Increased by 37.59% Year-on-year from January to April 2024 May 22,2024
According to customs statistics, in April 2024, the import volume of stainless steel in China was 194000 tons, an increase of 41400 tons compared to the previous month, with a growth rate of 27.08%; An increase of 71900 tons year-on-year, with a growth rate of 58.97%. Among them, the amount of stainless steel imported by China from Indonesia w...>>>
SunSirs: The Domestic Market Price of IPA Had Fallen (May 13-17) May 22,2024
According to the monitoring of the commodity market analysis system of SunSirs, the price of IPA had fallen this week. The average price of IPA in China on Monday was 8,930 RMB/ton, while on Friday it was 8,900 RMB/ton. The price fell by 0.34% during the week. Analysis review The market price of IPA had fallen this week...>>>
SunSirs: The PEG Market Fluctuated Downward Slightly This Week (May 13-17) May 22,2024
Price trend According to the Commodity Market Analysis System of SunSirs, as of May 17th, the average quoted price of PEG 400 by enterprises was 8,225.00 RMB/ton, a decrease of 0.60% compared to Monday's price. Analysis review The price of PEG in the market fluctuated slightly this week. Recently, the market...>>>
SunSirs: The Titanium Concentrate Market in Panxi Region Was Temporariy Stable This Week (May 13-17) May 22,2024
This week, the titanium concentrate market in Panxi region was temporarily stable. The cost pressure in the downstream titanium dioxide market was high, so buyers were cautious in purchasing goods and were more cautious on the market. As of May 17th, the tax-free quotation for 38-42 grade titanium ore was around 1,550-1,580 RMB/ton, the tax-free qu...>>>
SunSirs: Stainless Steel Prices Had Slightly Decreased This Week (May 13-17) May 22,2024
According to the price monitoring of SunSirs, the price of stainless steel had slightly decreased this week. As of May 17th, the daily average price of spot 304/2B stainless steel flat plates 1.0 * 1219 * 2438 (with a tolerance of 0.91) was 13,074.29 RMB/ton, a decrease of 0.54% from the beginning of the week and a year-on-year decrease of 7.6...>>>
SunSirs: China Methanol Market Increased by nearly 15% in May May 22,2024
According to the Commodity Market Analysis System of SunSirs, from May 6th to 20th (as of 3:00 pm), the average price of methanol in the domestic methanol market in East China ports increased from 2,635 RMB/ton to 3,020 RMB/ton, with a price increase of 14.57% during the cycle and a year-on-year increase of 32.31%. After the holiday, some meth...>>>
SunSirs: Demand Was Expected to Improve, and Aluminum Oxide Prices Operated Strongly May 22,2024
Price trend According to the commodity market analysis system of SunSirs, as of May 17th, the average price of aluminum oxide in the market was 3,800 RMB/ton, and on May 10th, the average price of aluminum oxide in the market was 3,616 RMB/ton, an increase of 5.07% compared to last week. Analysis review In t...>>>
SunSirs: This Week, the Titanium Tetrachloride Market Remained Stable and Mainly Consolidated (May 13-17) May 23,2024
The domestic titanium tetrachloride market remained stable this week. According to the monitoring system of SunSirs, as of May 17th, the benchmark price of titanium tetrachloride in SunSirs was 10,675.00 RMB/ton, a decrease of 1.39% compared to the beginning of this month (10,825.00 RMB/ton). Analysis review Raw materia...>>>
Chinese EVs' capabilities lauded in social media world May 28,2024
Chinese electric vehicles may not exactly be popular with U.S. politicians, but social media users are raving about them, with some posting videos that laud the EVs' capabilities. Last week the highly influential U.S. podcaster Joe Rogan spoke effusively of China's EVs, saying: "China has the most advanced electric-car suspension t...>>>
Automotive industry leader to grow business in China by 50% May 28,2024
Aptiv, a leader in the automotive parts industry, aims to grow its business in China by 50 percent over the next five years, mostly driven by the rising demand from the new energy vehicle (NEV) sector. In the fiscal year of 2023, Aptiv's sales in China grew by 12 percent, with the Asia-Pacific region, including China, contributing ...>>>
China to invest $820 mln in cutting-edge battery tech, sources say May 29,2024
China is planning to invest around 6 billion yuan ($820 million), the biggest amount of its kind, to encourage the research and development of all-solid-state batteries, a cutting-edge battery technology at the heart of the next generation of electric vehicles, industrial sources told China Daily. Battery makers such as Contemporar...>>>
LNG imports may hit record in 2024 May 29,2024
Fueled by strong demand from the industrial sector amid an economic recovery and industrial decarbonization, China's liquefied natural gas imports could hit a record in 2024, company executives and experts said. China, the world's top importer of the super-chilled fuel, is on course to import around 80 million metric tons of LNG th...>>>
Major power supplier helps boost new forces May 30,2024
State Grid Corp of China, the world's largest utility—which shoulders the dual tasks of safeguarding the country's energy security as well as its economic lifeline—has made innovations to help unleash new quality productive forces. Local units of State Grid have developed new intelligent devices and applied them in enterprises to h...>>>
SunSirs: The Propylene Oxide Market Was Weakly Consolidating (May 24-28) May 31,2024
Price trend According to the Commodity Market Analysis System of SunSirs, as of May 28th, the average price of propylene oxide in...>>>
SunSirs: Insufficient Demand, DMF Market Was Weakly Downward Jun 03,2024
Price trend According to the analysis system of the commodity market of SunSirs, as of May 31st, the average price quoted by dome...>>>
SunSirs: On June 5th, Nickel Prices Slightly Decreased Jun 06,2024
Price trend According to the monitoring of nickel prices by SunSirs, on the 5th, the average spot nickel market price was 144,016....>>>
SunSirs: On June 5th, Copper Prices Slightly Decreased Jun 06,2024
Price trend As shown in the above figure, copper prices slightly decreased on the 5th, with a spot price of 80823.33 RMB/ton, a ...>>>
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