Latest information on bulk chemical raw materials
May 30, 2025|
View:135|chemical industry
1. On May 27th, Asahi Kasei announced its withdrawal from the methyl methacrylate (MMA) monomer, cyclohexyl methacrylate (CHMA), acrylic resin, and SB latex businesses, and also announced a restructuring policy for the acetonitrile supply system (closing the Kawasaki refining plant).
2. On May 26th, Mitsui Chemicals announced that it has decided to withdraw from its wholly-owned subsidiary, Mitsui Chemicals, which produces nitrogen trifluoride. Production will cease at the end of March 2026 and sales will end within the same year.
3. On May 25th, Wengfu Group invested a total of 4 billion yuan to establish a production line project for 50000 tons of high-purity anhydrous hydrogen fluoride and 40000 tons of electronic grade hydrofluoric acid annually in Dazhou.
4. Recently, Yahua Group announced that it is currently building a 30000 ton lithium hydroxide production line, and it is expected that the company's comprehensive lithium salt production capacity will reach nearly 130000 tons by the end of 2025.
5. It is reported that 2025 will be the year when new production capacity for synthetic ammonia and urea will be put into centralized operation. It is expected that 6.1 million tons of synthetic ammonia and 6.6 million tons of urea new facilities will be put into operation one after another
6. As of May 29, 2025, the inventory of fixed liquid alkali sample enterprises with a capacity of 200000 tons or more in their warehouses nationwide was 392600 tons (wet tons), a decrease of 2.08% month on month and an increase of 10.22% year-on-year.
7. As of May 29, 2025, the overall operating rate of baking soda during the week was 63.29%, an increase of 4.03% compared to the previous week.
8. As of May 28, 2025, the total inventory of methanol in Chinese ports was 523000 tons, an increase of 32600 tons from the previous period. Among them, the accumulated inventory in East China increased by 44000 tons; The inventory in southern China decreased by 11400 tons due to destocking.
9. The inventory of potassium chloride in ports in the fourth week of May 2025 was approximately 1.982 million tons, a decrease of 147000 tons compared to the previous week and a decrease of 592000 tons compared to the same period last year (excluding bonded).
10. Zangge Mining announced its 2025 annual production and sales target, with a planned production of 1 million tons and sales of 950000 tons of potassium chloride for the whole year.
11. On May 29th, Hebei Xinhai Chemical Group Co., Ltd. raised the price of sulfuric acid by 20 yuan/ton, with 98% sulfuric acid priced at 700 yuan/ton and a daily output of about 420 tons.
12. According to statistics, the export volume of monoammonium phosphate and diammonium phosphate in China from January to April 2025 was 75300 tons and 79800 tons respectively, a year-on-year decrease of 75.7% and 85.3%, respectively.
