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Sinochem Xinnet News last week, the domestic chemical market continued to show an upward trend
.
As of July 23, the China Chemical Product Price Index (CCPI) released by Chemical Online closed at 5387 points, an increase of 3.
Among the monitored prices of important chemical products, there were 30 rising products, accounting for 49.
2%.
The top three rising products were octanol (10.
8%), bisphenol A (10.
6%) and DOP (10.
1%); falling products A total of 20 products, accounting for 32.
8%, the top three products that fell were phenol (3.
4%), epichlorohydrin (3.
0%) and ABS (2.
8%)
.
Judging from the list of gains, the octanol market is going up strongly
.
During the week, CNOOC and Shell's 120,000-ton/year plant was shut down for maintenance, and Jilin Petrochemical's 120,000-ton/year plant was not under high load.
The market price of bisphenol A rose
.
Sinopec Mitsui and Sinopec Mitsubishi's bisphenol A units were temporarily shut down for maintenance for 3 to 4 days.
The BDO market continues to explore
.
The market supply is tight and continuous, the main manufacturers are reluctant to sell, and the focus of downstream orders for rigid demand continues to rise
Judging from the list of decliners, the phenol market continued to pull back
.
The price of the upstream pure benzene market fell, down 2% during the week, and the support for the cost of pure benzene weakened
The market price of epichlorohydrin has fallen
.
Hebang, Xinyue and other devices have returned to normal, and market supply has increased
The ABS market fell 2.
8%
.
In terms of raw materials, the fundamentals of styrene itself did not change much during the week, but with the wide drop in international oil prices, the price of raw material pure benzene fell, and the price of styrene also fell broadly
On the whole, the chemical market continued to rise last week, with tight supply of some products supporting price increases
.
This week, typhoon fireworks and heavy rainfall in Henan will restrict logistics in the surrounding areas and affect the arrival of goods from some ports in some areas.
