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Sinochem New Net News last week, the domestic chemical market fluctuated slightly
.
As of June 11, the China Chemical Product Price Index (CCPI) released by Chemical Online closed at 5,015 points, down 0.
6%
Among the monitored prices of important chemical products, 51 products rose, accounting for 36.
2%, and the top three products that rose were melamine, DMC and bisphenol A; 56 products fell, accounting for 39.
7%, the top three drop The products are yellow phosphorus, acetone and styrene; there are 34 stable products, accounting for 24.
1%
.
Judging from the gains list, the melamine market bottomed out and rebounded
.
The rapid decline in the early market has brought prices close to the level before the rise at the end of March, prompting downstream buyers to gradually enter the market for purchases
.
The dimethyl cyclosiloxane market is rising strongly
.
On June 8, a fire broke out in the 997 siloxane product packaging workshop of the 200,000 tons/year sealant project of Hesheng Silicon Industry in western Xinjiang
.
The bisphenol A market continues to rise
.
Affected by the rising quotations of Nantong Xingchen and Changchun Chemical, the market was clearly boosted, and the focus of negotiations continued to rise
.
Judging from the list of declines, the yellow phosphorus market has recovered from a high level
.
The electricity curtailment policy in Yunnan has been relaxed, and the production of yellow phosphorous plants in Chengjiang has resumed, and yellow phosphorous enterprises in other areas of Yunnan will also resume work
.
The acetone market has fallen to its lowest point of 5,200 yuan/ton during the year
.
Although Xisar Chemical and Jilin Petrochemical's phenol and ketone plants were shut down for maintenance, the acetone port inventory increased, and the downstream Lihua Yiweiyuan Chemical’s isopropanol plant has not restarted, the demand is relatively low, and the market quotation is gradually falling
.
The styrene market continues to be weak
.
Main port inventory began to accumulate, market supply gradually increased, and downstream demand was weak, traders continued to decline in order to stimulate shipment prices
.
On the whole, the domestic chemical market fluctuated slightly last week
.
After the Dragon Boat Festival returns, international oil prices are still at a high level, supporting the cost of bulk products.
However, the current chemical market has entered a seasonal off-season and terminal demand is relatively weak.