Top Chemical News from ChemNet.

SunSirs: Geopolitical Tensions Escalate&Inventories Drop beyond Expectations, Crude Oil Surges by over 4% Aug 02,2024

On July 31st, international crude oil futures rose sharply. The settlement price of the main contract for WTI crude oil futures in the United States was $77.91 per barrel, an increase of $3.18 or 4.3%. The settlement price of the main Brent crude oil futures contract was $80.84 per barrel, an increase of $2.77 or 3.5%. Due to the escalating geop...>>>

SunSirs: Supply Contraction & Weak Demand, Stalemate after China ABS Rise in July Aug 02,2024

After a slight increase in the domestic ABS market in July, it has been consolidating and operating, with most spot prices of various grades experiencing a narrow rise. According to the Commodity Market Analysis System of SunSirs, as of July 31st, the average price of ABS sample products was 12,000 RMB/ton, an increase or decrease of 1.48% compa...>>>

SunSirs: The Price of Ammonium Nitrate in Shandong Remained Temporarily Stable Aug 02,2024

On August 2nd, the price trend of ammonium nitrate in Shandong Province remained stable, with the mainstream price range for on-site negotiations being between 3000-3200 RMB/ton. The production and operation of on-site merchants were stable, and the upstream raw material market prices have recently decreased. The on-site supply of goods is norma...>>>

SunSirs: The Iimbalance between Production and Sales is Difficult to Change, China PC Market Remained at a Low Level in July Aug 02,2024

According to the bulk ranking data from SunSirs, the domestic PC market stopped falling and consolidated in July, with small fluctuations in spot prices of various brands. As of July 31st, the mixed benchmark price of SunSirs PC is around 16,466.67 RMB/ton, with a price increase or decrease of +0.10 compared to July 1st. >>>

SunSirs: Daily Report of China Bulk Commodity Data (August 2, 2024) Aug 02,2024

On August 1st, the commodity price index BPI was 915 points, unchanged from yesterday, a decrease of 31.87% from the highest point of 1,343 points during the cycle (October 19, 2021), and an increase of 38.64% from the lowest point of 660 points on February 3, 2016. (Note: The cycle refers to the period from December 1, 2011 to present) >>>

SunSirs: Partial Production Facilities of BDO in China are Undergoing Restart Aug 02,2024

The 30000 ton/year and 100000 ton/year units of Shaanxi Chemical BDO Phase I and Phase II are currently operating stably, with BDO mainly for self use. Shaanxi Guorong Chemical's 60000 tons/year BDO plant has shut down, and the restart time is uncertain. BDO has stopped spot sales. The production lines of Xinjiang Meike Chemi...>>>

SunSirs: Some Domestic Ethanol Manufacturers have Lowered their Quotations Aug 02,2024

Jiangsu Dongcheng Biotechnology's 150000 ton/year wood sweet potato ordinary grade ethanol plant has shut down, and the enterprise's ordinary grade external quotation is 6000 RMB/ton. The 300000...>>>

The Benchmark Price of Fuel Oil in SunSirs was 5,496.00 RMB/ton on August 2 Aug 02,2024

On August 2nd, the benchmark price of fuel oil in SunSirs was 5,496.00 RMB/ton, unchanged from the beginning of this month. Annual statistics of fuel oil (August 2, ...>>>

SunSirs: The Overall Supply of Caprolactam Market will Experience Slight Fluctuations Aug 02,2024

Part of the caprolactam units in Shandong are planned to be shut down for maintenance starting from August 10th. It is said that the load of another factory's caprolactam unit...>>>

SunSirs: Current Situation of Domestic Cotton Yarn Production and Sales Aug 02,2024

As of August 1st, the finished product inventory of domestic pure cotton yarn enterprises increased to 26.34 days, a month on month increase of 0.96%. According to statis...>>>

SunSirs: The Benchmark Price of Naphtha in SunSirs was 8,194.00 RMB/ton on August 2 Aug 02,2024

On August 2nd, the benchmark price of SunSirs's naphtha was 8,194.00 RMB/ton, which remained the same as the beginning of this month. ...>>>

SunSirs: The Benchmark Price of Gasoline in SunSirs was 8,610.60 RMB/ton on August 2 Aug 02,2024

On August 2nd, the benchmark price of SunSirs's gasoline was 8,610.60 RMB/ton, an increase of 0.58% compared to the beginning of this month (8,5...>>>

SunSirs: The Benchmark Price of Diesel in SunSirs was 7,158.60 RMB/ton on August 2 Aug 02,2024

On August 2nd, the benchmark price of SunSirs's diesel was 7,158.60 RMB/ton, an increase of 0.69% compared to the beginning of this month (7,109.20 RMB/ton). Annual Statis...>>>

SunSirs: The Benchmark Price of PA66 in SunSirs was 20,933.33 RMB/ton on August 2 Aug 02,2024

On August 2nd, the benchmark price of SunSirs's PA66 was 20,933.33 RMB/ton, which remained unchanged from the beginning of this month. Annual Statistics of PA66 >>>

SunSirs: The Planned Increase in Acrylonitrile Production Capacity for the Fourth Quarter is Expected to Reach 910000 Tons Aug 02,2024

It is reported that the new acrylonitrile production capacity will increase by 910000 tons per year in the fourth quarter of 2024. Starting from October, Jilin Petrochemical's 260000 ton expansion new pl...>>>

SunSirs: The Downstream Demand for Raw Caustic Soda was Acceptable Aug 02,2024

On August 2nd, the price of caustic soda in Jiangsu Province remained stable, with a mainstream market price of around 860-940 RMB/ton for 32% ion exchange membrane alkali. Downstream demand is expected t...>>>

SunSirs: The Benchmark Price of PA6 in SunSirs was 14,550.00 RMB/ton on August 2 Aug 02,2024

On August 2nd, the benchmark price of SunSirs's PA6 was 14,550.00 RMB/ton, which remained unchanged from the beginning of this month. ...>>>

SunSirs: The Benchmark Price of Glass in SunSirs was 17.24 RMB/square meter on August 2 Aug 02,2024

On August 2nd, the benchmark price of SunSirs's glass was 17.24 RMB/square meter, which remained unchanged from the beginning of this month....>>>

SunSirs: China's Raw Coal Production Decreased Year-on-year in the First Half of 2024 Aug 02,2024

Recently, the China Coal Industry Association released the development of China's coal industry in the first half of the year. In the first half of the year, the production of raw coal decreased year-on-year, and the level of clean and efficient utilization of coal-fired power has significantly improved. >>>

SunSirs: The Latest Quotation in Domestic Iron ore Market（2024-08-02） Aug 02,2024

Iron ore: Australia variety: Pb powder; Origin: Australia; Grade: 62%; Wet,ton; >>>