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- Dear customers and partners,
- Please be informed that we will work from home starting from Thursday March 31 until Tuesday April 5, 2022. During this period, our business will proceed as usual.
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- With warmest regards,
- The PUdaily team
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Customs data shows that in April, the volume of China’s AA and its salts and esters imports under the HS Code 29171200 reached 788 tons, up 12.65% from the previous month and down 57.24% year-on-year. And the import value totaled USD 1,981,985, indicating an average import price of USD 2,515/ton. The export volume was 41,996 tons, up 45.07% month-on-month and 21.76% year-on-year. And the export value totaled USD 80,581,189, indicating an average import price of USD 1,919/ton.
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Recently, the domestic BDO market consolidated within a narrow range. Multiple manufacturers changed catalysts and Markor Meiou Chemical performed maintenance, lending support to BDO market. With high inventories, downstream spandex manufacturers lowered their operating rates and thus had weak demand for BDO. Although production loads in PBT industry rose slightly, the overall demand remained weak and therefore had little effect on BDO price. However, as BDO prices have been declining for three months in a row, manufacturers are eager to increase their prices, particularly at a time when the COVID-19 pandemic has been brought under control. The BDO prices rallied recently, thus lending slightly increased support to THF prices. On June 2, the prevailing offers in East China stand at CNY22,300-22,700/ton DEL in bulk by bank draft payment.
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On the evening of May 28th, PUdaily held an online event: Cloud Summit 2022 - "New Ecology", "New Application" and "New Market" of Polyurethane in the Epidemic Era, to share industrial insights with insiders:
Asian Polyurethane Market Status and Prospects in the Epidemic Era. The report covers key markets of polyurethanes in Asia - China, Southeast Asia and India.
China Market: Analysis on China's Polyurethane Industry Development Focusing on Chinese home appliances (refrigerators & freezers), cold-chain transportation (reefer trucks & containers), panels, pipelines, automobiles, adhesives and other major downstream industries of polyurethane, short-term market reviews and outlooks were provided respectively...
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Your Trusted Polyurethane Market Advisor
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