Latest information on chemical raw materials

1. It is reported that the 1.65 million tons/year methanol plant in Bushehr, Iran has recently shut down, and the restart time is yet to be determined.

2. As of December 26th, the inventory of liquid alkali sample enterprises with a capacity of 200000 tons or more in their warehouses nationwide was 316800 tons, an increase of 3.88% month on month and a decrease of 25.41% year-on-year.

3. As of December 26th, the total inventory of domestic soda ash manufacturers this week was 1.4549 million tons, a decrease of 102500 tons (a decrease of 6.58%) compared to the previous week, and a decrease of 62600 tons (a decrease of 4.13%) compared to Monday. Among them, 590400 tons of light soda ash decreased by 24100 tons compared to the previous period, and 864500 tons of heavy soda ash decreased by 38500 tons compared to the previous period.

4. As of December 26th, the total inventory of MEG ports in the main ports of East China was 475600 tons, a decrease of 23900 tons from Monday this week. In terms of dock shipments: Zhangjiagang ships an average of 5400 tons per day within the week; The average daily shipment of Taicang and Liangku is 5200 tons, and the average daily shipment of Ningbo Port is 3500 tons.

5. As of December 26th, the overall operating rate of baking soda was 64.46%, unchanged from the previous week.

6. As of December 25th, the total inventory of Chinese urea enterprises was 1.525 million tons, an increase of 53200 tons from last week and a month on month increase of 3.61%.

7. This week (2024, 1220-1226), the utilization rate of melamine production capacity in China was 60.01%, an increase of 3.81% compared to last week; The weekly production of melamine was 29700 tons, an increase of 10% compared to last week.

8. General Administration of Customs: Imported 55.488 tons of melamine in November 2024, a month on month increase of 894.23%; In November, the export of melamine was 37500 tons, a decrease of 14.58% compared to the previous month.