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The easing of geopolitical tensions, coupled with persistently weak demand, makes it difficult to break the weak consolidation pattern of cracked C9.
The supply of C5 petroleum resin will further contract, and prices are gradually stabilizing at the bottom level.
The bullish sentiment is muted, and high-olefin C5 is experiencing volatile consolidation.
The industrial chain is under pressure from both supply and demand sides, and ethylene prices have entered a downward cycle.
The substantial increase in downstream operating rates cannot mask the declining trend of fluorite.
The toluene market in Shandong is weakening due to a lack of sustained bullish factors.
The supply-demand gap narrowed more than expected, putting short-term pressure on benzene.
The 2-ethylhexanol market is facing oversupply, with the price center continuously declining.
The acetone market first declined then rebounded, showing remarkable resilience against downward pressure.
The acrylic acid market has entered a downward channel, with industry profit margins significantly narrowing.
The operating rate and profit rhythm of hydrogenated benzene are expected to shift during May-June.
Transactions are weak, and the methyl ethyl ketone (MEK) market remains deadlocked.
The market experienced a rally followed by a pullback, while the DOT sector continues to sustain losses.
Two-way game between cost and demand for ethylene tar
The Game and Maze under the Firmly High Spot Price of Sulfur
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