Latest information on bulk raw materials

chemical industry

1. On March 27th local time, Core Lithium Ltd announced that the restart research of its Finnis lithium mine project is progressing smoothly and is expected to be completed in the second quarter of 2025.

2. In recent years, the production capacity of China's titanium dioxide industry has continued to expand. At least 5 titanium dioxide projects are planned to be put into operation by 2025, with an expected increase in production of 1.3 million tons. By then, China's total titanium dioxide production capacity will reach over 7 million tons per year.

3. It is reported that by 2025, the global annual production capacity of adipic acid will be nearly 6 million tons, with China accounting for over 60%. By around 2030, China's adipic acid production capacity will reach 6 million tons.

4. On March 27th, the capacity of the 180000 tons/year BDO plant in Yongying, Sichuan was around 50%. There is a plan to eliminate the shortage in April, but there are currently no spot offers available to the public.

5. As of March 27, 2025, the overall operating rate of baking soda during the week was 57.85%, an increase of 0.41% compared to the previous week.

6. As of March 27th, the inventory of fixed liquid alkali sample enterprises with a capacity of 200000 tons or more in their warehouses nationwide was 489000 tons (wet tons), an increase of 6.37% month on month and 15.52% year-on-year.

7. As of March 27th, the total inventory of domestic soda ash manufacturers was 1.63 million tons, a decrease of 57800 tons (a decrease of 3.42%) compared to the previous week, and a decrease of 47500 tons or 2.83% compared to Monday. Among them, there were 842400 tons of light soda ash, a decrease of 0.14 million tons compared to the previous period, and 787600 tons of heavy soda ash, a decrease of 46100 tons compared to the previous period.

8. As of March 26th, the total inventory of methanol in Chinese ports was 773800 tons, a decrease of 26300 tons from the previous period. Among them, the inventory in the East China region decreased by 21500 tons due to destocking; The inventory in southern China decreased by 4800 tons due to destocking.

9. On March 28th, Lihua Yiweiyuan Chemical Co., Ltd.'s latest quotation was 8000 yuan/ton, an increase of 30 yuan/ton from the previous trading day.

10. [Butadiene] Bidding situation of some domestic butadiene enterprises on March 27th: Fushun Petrochemical's source of goods is for self use and mutual supply, with no export plans at present; Dongming Petrochemical exports 280 tons, with a base price of 10800 yuan/ton. Satellite chemistry will be reduced by 100 yuan/ton and implemented at 10800 yuan/ton.

11. On March 27th, MTBE production companies in Shandong Province raised their prices: Shandong Chengtai New Materials and Lihua Yilijin Petrochemical raised their prices by 150 yuan/ton to 5700 yuan/ton. Dongming Qianhai Chemical has raised its quotation by 100 yuan/ton to 5600 yuan/ton for bidding. Shida Shenghua's quotation has been raised by 150 yuan/ton to 5730 yuan/ton.