Since mid to late April, the domestic market price of methacrylic acid has been in a weak trend. The overall supply of imported methacrylic acid increased a little while the market price just slipped a little. Near the end of April the domestic market price of methacrylic acid slightly decreased for several times. Some of the downstream end-users tend to wait and hesitate and they don’t have a good expectation for the post market of methacrylic acid.
read more
Propylene oxide market review：This week, the price for propylene oxide is rising slowly by 300 Yuan/ton. After last week’s deep adjustment that the downstream industry tried to supply their stock when the price is low, the factory stock is decreasing, so the ICBC weekly report shows that the number of new deals is moving up slowly. In addition, the market of raw material propylene, chlorine is going better in different degrees which means that the production costs of propylene oxide is staying low.
read more