Insufficient Cost Support – Amine Catalysts https://www.newtopchem.com The Leading Supplier of China Amine Catalysts Thu, 16 Mar 2023 09:52:24 +0000 zh-Hans hourly 1 https://wordpress.org/?v=6.1.7 https://www.newtopchem.com/wp-content/uploads/2023/12/1.jpg Insufficient Cost Support – Amine Catalysts https://www.newtopchem.com 32 32 Insufficient Cost Support, the Price of DOP Fell in Shock This Week https://www.newtopchem.com/archives/42720 Thu, 16 Mar 2023 09:52:24 +0000 https://www.newtopchem.com/archives/42720   The price of DOP fell in shock this week

  According to the data monitoring of SunSirs, as of March 13, the price of DOP was 9,960 RMB/ton, down 0.60% from the price of 10,020 RMB/ton on March 6. The cost support was insufficient, and the DOP market fell in shock this week.

  The price of raw material 2-EH fell in shock

  According to the price monitoring of SunSirs, as of March 13, the price of 2-EH was 9,271.43 RMB/ton, down 2.11% from the price of 2-EH on March 6 at 9471.43 RMB/ton. Downstream demand for 2-EH was temporarily stable, and downstream customers were mostly bargain-hunting and restocking. This week, the price of 2-EH fluctuated and fell, the cost of DOP raw materials fell, and the upward momentum of DOP weakened and the downward pressure increased.

  The market of raw material PA fluctuated and rose

  According to the price monitoring of SunSirs, as of March 13, the quotation of OX method PA was 8,637.50 RMB/ton, up 1.92% from the price of 8,475 RMB/ton on March 6. The price of OX rose, and the willingness of PA to support high prices was strong. The price of PA rose in shock this week, and the upward momentum of DOP increased.

  Market outlook

  According to DOP data analysts of SunSirs, the price of 2-EH, the raw material of DOP, fell in shock this week, the price of PA rose in shock, and the cost of DOP fell. The operating rate of DOP enterprises was stable, the supply of DOP was sufficient, the overall demand growth was less than the supply growth, and the downward pressure of DOP remained. The demand for DOP was temporarily stable, and the cost was reduced. In the future, the price of DOP is expected to fluctuate and consolidate.

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Insufficient Cost Support, the Price of Acetic Anhydride Stabilized after Rising this week https://www.newtopchem.com/archives/42714 Wed, 15 Mar 2023 09:27:41 +0000 https://www.newtopchem.com/archives/42714   The price of acetic anhydride stabilized after rising this week

  According to the data monitoring of SunSirs, as of March 10, the price of acetic anhydride was 5,300 RMB/ton, up 0.24% from the price of 5,287.50 RMB/ton on March 3; The price of acetic anhydride rose by 0.71% from 5,262.50 RMB/ton on March 1. The price of raw materials stabilized, and the cost support was insufficient. The price of acetic anhydride stabilized after rising this week.

  The price of acetic acid fluctuated and stabilized this week

  As can be seen from the chart of acetic acid price trend of SunSirs, as of March 10, the price of acetic acid was 3,283.33 RMB/ton, up 4.23% from the price of acetic anhydride of 3,150 RMB/ton on March 1; The price of acetic acid was stable compared with 3,283.33 RMB/ton on March 3. This week, the price of acetic acid stopped rising and stabilized, the support for the rise of acetic anhydride cost was not there, and the rising power of acetic anhydride was weakened.

  Methanol prices fell in shock this week

  As can be seen from the methanol price trend chart of SunSirs, as of March 10, the methanol price was 2,637.50 RMB/ton, down 3.59% from the price of 2,735.83 RMB/ton on March 1; Compared with the methanol price of 2,693.33 RMB/ton on March 3, it fell by 2.07%. This week, the price of methanol fell in shock, the cost of acetic acid fell, the price of raw materials for carbonyl method acetic anhydride fell, and the downward pressure on acetic anhydride increased.

  Market outlook

  Analysts of the acetic anhydride data of SunSirs believe that the price of acetic acid stopped rising and stabilized this week, the price of methanol fell, and the cost of acetic anhydride fell. The support for the rise of acetic anhydride cost was not there. In the future, it is expected that the price of acetic anhydride will fluctuate and stabilize in the future.

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