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Sinochem News.
com last week, the chemical market rebounded sharply after experiencing the early decline
.
As of June 25, the China Chemical Product Price Index (CCPI) released by Chemical Online closed at 5,089 points, an increase of 2.
Among the monitored prices of important chemical products, 62 products rose, accounting for 44%.
The top three products rose by potash fertilizer (20.
7%), LDPE (8.
6%) and aniline (7.
4%); a total of 44 products fell.
, Accounting for 31.
2%, the top three products that fell were acetone (8.
4%), bisphenol A (6.
7%) and PC (6.
7%); there were 35 stable products, accounting for 24.
8%
.
Judging from the list of gains, the potash fertilizer market continued its upward trend
.
The supply of domestic potash fertilizer is relatively tight, and the tight supply pattern of manufacturers has not improved, and the price is high
The price of PE market rose last week, among which LDPE increased significantly
.
LDPE is highly dependent on foreign sources.
The aniline market rebounded
.
Driven by rising crude oil and tight supply, the raw material pure benzene market performed strongly, with a 6.
Judging from the list of declines, the acetone market continued its bottoming trend
.
Imported sources of goods have been replenished one after another.
The price of bisphenol A also fell due to the weak decline in raw material acetone
.
In addition, the downstream liquid epoxy resin of bisphenol A continued to be in a downturn, the PC market declined by 6.
The hydrogen peroxide market continued to fall
.
Shenma resumed its export, and the Shandong area started at a high level, and the market supply is very sufficient
On the whole, the chemical market rebounded last week, driven by higher crude oil
.
From this week’s point of view, entering the traditional off-season of summer, the overall market demand is not good, but the recent strong crude oil market trend, coupled with the investigation and improvement of transportation safety production throughout the country, will restrict the transportation of some chemical products.
