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Sinochem Xinnet News last week, the domestic chemical spot market remained high and volatile
.
As of August 13, the China Chemical Product Price Index (CCPI) released by Chemical Online remained stable at 5378 points, with an amplitude of 0.
Among the monitored prices of important chemical products, 20 products rose, accounting for 32.
8%.
The top three products rose by hydrogen peroxide (7.
5%), soda ash (7.
5%) and sulfur (6.
3%); 28 products fell.
, Accounting for 45.
9%, the top three products that fell were MDI (8%), octanol (6.
9%) and DOP (5.
8%)
.
Judging from the gains list, the hydrogen peroxide market rebounded from a low level last week
.
The reduction in production of leading northern companies is good for continued fermentation.
The soda ash market continues to rise
.
This year's soda ash industry's limited new production capacity, coupled with factors such as maintenance and power curtailment, have led to low operating rates and low inventories
The sulfur market has risen sharply
.
Recently, port inventories have dropped significantly, tradable sources have decreased, and buying orders have followed up
Judging from the list of decliners, the MDI market continued to fall
.
Recently, due to the quarantine requirements of ships, the export speed of aggregate MDI has slowed down, and the inventory pressure of domestic manufacturers has increased, and the shipping pressure of major distributors has also increased
The octanol market pulled back from a high level
.
Major downstream plasticizer users have slowed down their spot purchases of raw materials, focusing on contracted raw materials, and some factories have gradually accumulated inventory
The downstream DOP market of octanol also declined weakly
.
The raw material phthalic anhydride market has weakened, with a drop of 0.
On the whole, the domestic chemical market remained volatile last week, and most of the rising products were inorganic products
.
Looking at this week, the impact of the epidemic on chemical market demand and logistics still exists, and it is expected that the chemical market will continue to fluctuate
