News

Due to the escalation of the Russia-Ukraine conflict, international crude oil prices have been continuously rising.

The current market situation of ethyl acetate is weak. The poor sales of the main factories have led to continuous pressure on the price.

Last week, under the positive macroeconomic conditions, market participation enthusiasm increased, driving a general rise in bulk commodities. Coupled with the initial boost from styrene, the price of pure benzene rebounded significantly. Downstream buyers were active in purchasing, and factories had no inventory pressure.

With the rise in the price of raw material benzene and the hype over the maintenance of the phenol-acetone plant in Yangzhou next month, acetone has followed suit and risen, with a cumulative increase of 400 yuan per ton.

This week, due to the impact of tariff news and crude oil, the market for toluene and xylene has become more active, with a reduction in low-priced resources and a rising trend.

As the May Day holiday approaches, the downstream purchasing atmosphere for ethyl ester is generally lackluster.

Recently, due to the influence of tariff policies and the demand side, the overall toluene and xylene have shown a downward trend and are operating under pressure.

Crude oil prices are showing upward momentum in the near term, yet the international repercussions triggered by U.S. trade policies remain volatile, dampening expectations for a significant rebound in upstream raw material costs.

Propylene glycol monomethyl ether acetate, also known as propylene glycol methyl ether acetate, abbreviated as PMA

Currently, the market for the chemical solvent PM (propylene glycol methyl ether) is showing a dynamic adjustment trend.

Ethyl acetate main factory in Shandong this week stopped for maintenance, the bidding situation at the beginning of the week was better

Last week, raw material pure benzene sharply down and next month imports significantly increase expected speculation