Since Russia took military action against Ukraine at the end of February, the conflict between Russia and Ukraine has been escalating. The intensive sanctions against Russia by western countries have aroused concerns about the interruption of crude oil supply. At the beginning of the month, crude oi
In March, the domestic toluene and xylene market showed an "m" shape trend, which is highly correlated with crude oil. On the one hand, affected by geopolitical tensions, the price of crude oil futures in Europe and the United States fluctuated and soared. WTI remained at a high level near
After the sudden shutdown of two sets of acetic acid plants with a total of 1.2 million tons / year in Jiangsu Thorpe on March 16, the factory purchased a large amount of acetic acid in order to ensure the supply of contract users. Therefore, the inventory of acetic acid plants with high inventory
Recently, the domestic methanol market fluctuates frequently, and the price range is large.From the supply side, affected by the local environmental protection control, many methanol units in Jincheng, Shanxi Province, stopped near March 20. It was originally planned to stop until the end of April.