Till January 5, the average reference price of 30% grade phosphorus rock in mainstream areas in China was around CNY403.-/mt, which was increased by CNY7.-/mt or 1.68% compared with December 30, and by CNY10.-/mt or 2.54% compared with December 1,2020. Read More

The total output value of the world chemical market in 2018 is US $3348 billion, and around US $3415 billion in 2019. China has become the largest chemical producer. In 2019, China's chemical output value reached US $1198 billion, accounting for 36% of the world's total value. It is estimated that by 2030, China's chemical output value of a single country will reach 50% of the world's total value. Read More

According to the monitoring of market prices of 50 kinds of important production raw materials in 9 categories in the national circulation field, the prices of 36 kinds of raw materials increased, 12 kinds decreased and 2 kinds remained unchanged. Among them, most of chemical basical raw materials are rising fast in price. Read More

Recently, the Chinese national standard of guidelines for comprehensive evaluation of chemical industry parks (GB / T 39217-2020) was officially issued and will be implemented on February 1, 2021. The number of chemical industry parks in some provinces have been greatly reduced, and it is expected that the growth rate of China's chemical industry parks will slow down in the next three years. According to the prediction of China Business Industry Research Institute, the number of chemical industry parks will be about 800 in 2020. Read More

At present, the price of raw material Acetic Acid is soft, but the Ethanol market is still at a high level, the cost side supports the shock, the spot supply in the market is relatively sufficient, the downstream market demand is flat, and the enterprise's order delivery is general, so it is expected to be strong at price level in the short term, but need pay attention to the market changes of Acetic Acid and Ethanol at the cost end. Read More

"Affected by the epidemic situation in the first half of the year, the chlor alkali industry was struggling to move forward. For the future market, the supply of caustic soda and PVC will increase slightly, but with the increase of domestic demand such as the start of new infrastructure projects, the overall situation of the industry in the second half of the year is expected to be better than that in the first half of the year. Read More