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China OTDA Monthly Report 202204
May 11, 2022    [Source:PUdaily]

Market Overview

In April, OTDA prices continued to rise in the Chinese market. In April, the total supply of OTDA fell. Xinjiang Juli was maintained for about a full month in April, and Covestro and BASF were affected by the COVID-19 epidemic in Shanghai, with poor logistics and reduced supply. Wanhua Chemical is still mainly used for self-use, and the load in Fujian is low. As a result, the OTDA market is still in short supply in April, prices continue to rise, and the quotations of some secondary market traders have reached about 45,000 yuan / ton.

Supply:Decrease
Demand: Increase
Price (purity) ≥98.5%): April domestic OTDA market price of 34,000-40,000 CNY/ ton.
CNY & USD Prices
Table 1: China and Imported OTDA Monthly Market Price List
Region/Grade
April
Average Price
March
Average Price
Fluctuation
China Market (CNY/ton)
34,000-40,000
28,000-34,000
60006000
Imports (USD/ton)
--
--
--
Note: For China market price, the price with purity≥99.5% is little higher than that of 99%purity≥98.5%,
 with fluctuating around 20%;
There is almost no source of imported goods in the Chinese market, so there is no import quotation.
Table 2: China OTDA Monthly Output Tracking
 
21-may
21-Jun
21-Jul
21-Aug
21-Sep
21-Oct
21-Nov
21-Dec
22-Jan
22-Feb
22-Mar
22-Apr
Average producing rate
72%
72%
77%
67%
44%
73%
83%
63%
79%
79%
73%
54%
Month capacity
2,545
2,545
2,545
2,545
2,545
2,545
2,545
2,545
2,545
2,545
2,545
2,545
Month output
1,832
1,835
1,960
1,705
1,119
1,858
2,112
1,603
2,010
2,010
1,858
1,374
Month on month
-20%
0%
6%
13%
-34%
66%
13%
-24%
27%
0%
-7%
-26%

 ......

Click here for a sample:

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