Commodity Intelligence (April 30, 2025)
Apr 30, 2025|
View:291|chemical industry
1. It is reported that 60-70% of the 2.36 million tons/year methanol units of Petronas in Labuan have started construction, and the 2nd unit will be scheduled to shut down for major repairs as scheduled in early May; Sarawak's 1.75 million tons/year plant is operating normally, with 70-80% of the production starting.
2. According to market news, a 300000 ton ethylene glycol plant in Guizhou is scheduled to start shutdown and maintenance at the end of April, with an estimated maintenance period of about 30 days.
The 200000 t/a ethylene glycol unit of Taiwan, China MDF was shut down for maintenance a few days ago, and is expected to be restarted around the middle of May.
3. On April 28th, the outflow of ethylene glycol from mainstream ports in East China was as follows: the shipment volume of ethylene glycol from the mainstream warehouse area in Zhangjiagang was about 7200 tons; The shipment volume of ethylene glycol from the two main storage areas in Taicang is about 4800 tons.
4. As of April 28th, the total sample inventory of styrene at Jiangsu Port was 85200 tons, a decrease of 1300 tons from the previous period, with a magnitude of -1.50%. The commodity inventory is 58200 tons, a decrease of 6900 tons from the previous cycle, with a magnitude of -10.60%.
5. According to the market, the utilization rate of butyl acetate production capacity this month was 40.78%, a decrease of 13.12% compared to the previous month.
6. It is reported that the production of MIBK facilities in China in April was 13700 tons, an increase of 900 tons from the previous month, a month on month increase of 7.03%, and a year-on-year increase of 47.31%.
7. It is reported that a large factory in Shanghai opened a consolidated MDI at a fixed price of 15500 yuan/ton in May, with a distributor channel price of 15200 yuan/ton and limited cargo volume.
8. It is reported that TDI, a large factory in Shanghai, had a settlement price of 11200 yuan/ton in April, a decrease of 1100 yuan/ton compared to the previous month.
9. [Butadiene] Bidding situation of some domestic butadiene enterprises on April 29th: Fushun Petrochemical has no export plans; Dongming Petrochemical exports 196 tons at a base price of 9200 yuan/ton. Satellite chemistry will be reduced by 300 yuan/ton and implemented at 9000 yuan/ton.
