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Phenol ketone industry

Views: 0     Author: Site Editor     Publish Time: 2022-01-27      Origin: Site

1. The center of gravity of pure benzene market moves up widely

In 2021, with the recovery of the global economy, the domestic pure benzene market rose significantly, and the downstream expansion capacity exceeded the expansion capacity of pure benzene itself. Under the background of supply and demand, the pure benzene market price rose widely, and the peak of the year compared with the beginning of the year, the price increased by more than 100%.

2. In 2021, the import volume of phenolic ketone will decrease and the export volume will increase

From January to November in 2021, China's import volume of phenol was about 469,800 tons, down 27.51% compared with the same period last year. Acetone imports from January to November 2021 were about 572,500 tons, down 14.28% from the same period last year. From January to November in 2021, China's phenol exports were about 118,600 tons, an increase of about 1,910.17% compared with the same period last year. Acetone exports from January to November in 2021 were about 62,600 tons, an increase of 20,766.67% compared with the same period last year.

Compared with last year, the import volume of phenol ketone decreased this year, while the export volume increased at the same time. The reason for this situation is that this year's domestic output has increased significantly, the self-sufficiency rate has increased, the proportion of imported sources of goods has decreased, and the import dependence is bound to decline. The main reason for the increase in exports lies in the production of Zhejiang Petrochemical, which makes the export volume of phenol ketone in China increased this year.

3. Phenolic ketone production increased in 2021

In the fourth quarter of 2020, two new phenolic ketone units of Shandong Lihua Yiweiyuan (350,000 tons/year) and Zhejiang Petrochemical (650,000 tons/year) were added, and their capacity will be fully released in 2021. It is estimated that in 2021, the output of phenol and acetone will reach 2.8 million tons and 1.69 million tons, respectively, up 36.59% and 37.43% year-on-year.

Asian glycol market trading trend

Ethylene glycol’sApplications:
1. Freeze protection, heat transfer and hydraulic fluids; Natural gas
And hydrocarbon treating agents;
2. Hydroscopic agents for paper, cork and textile conditioning;
3. Plasticizer formulations and raw materials for ester and Polyester production.

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