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Sinochem New Net News last week, the domestic chemical market mainly rose slightly
.
As of August 20, the China Chemical Product Price Index (CCPI) released by Chemical Online rose to 5382 points, an increase of 0.
Among the monitored prices of important chemical products, there were 23 rising products, accounting for 37.
7%, and the top three rising products were sulfur, acetone, and maleic anhydride; 26 falling products, accounting for 42.
6%, and the top three falling products respectively.
It is purified terephthalic acid (PTA), methyl methacrylate and ethylene glycol
.
Judging from the list of gains, the sulfur market has risen sharply
.
The main manufacturers have raised prices, making the holders more firm in their mentality of holding up the market
The acetone market rose broadly
.
Recently, cargo arrivals to ports have been limited, and port inventories have fallen sharply.
The maleic anhydride market pulled up strongly
.
Shanxi Hengqiang Chemical Plant was overhauled, and the market supply has shrunk, driving the price of maleic anhydride higher
Judging from the list of declines, the PTA market continues to pull back
.
The international crude oil market fell sharply.
The methyl methacrylate market has accelerated its decline
.
Although the price of acetone has risen successively recently, the methyl methacrylate market has continued to fall.
In addition to PTA, the price of ethylene glycol, another raw material for polyester, has also fallen
.
Recently, the first batch of ethylene glycol was officially launched after Gulei Petrochemical put into production, the market supply has increased, and the port inventory has increased, the downstream polyester and terminal loom industry operating rates have declined, the ethylene glycol market has spread negative sentiment, and the price has been weakened
On the whole, the chemical market rose slightly last week, and the decline in crude oil dragged down the trend of the aromatics and other industrial chains, but the supply of some products was tight and pulled up strongly
.
This week's epidemic and heavy rains in many places will affect the transportation of chemical products.
