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Phased inventory replenishment coupled with cost support led to a bottoming-out and rebound in DOTP prices.
Persistently weak demand has led to a rapid decline in the acrylonitrile market recently.
Profits and demand continue to decline, driving the market price of n-butanol further downward.
Port inventory has hit a new historical low, and the diethylene glycol (DEG) market continues to maintain its strong momentum.
Propylene suffered a sharp decline, putting pressure on the acrylic acid market, which also edged lower.
Phthalic Anhydride Market Prices See Wider Decline Amid Cost Slump Expectations
Phenol prices strengthened, with the benzene-phenol spread turning from negative to positive.
Positive signals from transactions; propylene sees a narrow short-term recovery.
Persistent weak demand side continues to weigh on the butadiene market, which is likely to remain under pressure in the near term.
Prices in the durene (1,2,4,5-tetramethylbenzene) industrial chain have fallen in tandem, and profit margins continue to shrink.
Propylene supply-demand gap continues to widen; price center is expected to shift downward in June.
Propylene oxide supply contraction supports rebound, while demand cooling dampens further upside and shifts trend to weakness.
Poor profitability and weak demand led to a price decline in the styrene market in May.
PowerChina Completes 220 MW Biskra Photovoltaic Plant in Algeria, First Full-Capacity Grid Connection Under 3.2 GW Solar Plan
Pure benzene oscillated and adjusted; cyclohexanone operated within a narrow range.
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