Enterprises seek stable profits, and chemical product spreads expand

[China Glass Network] Overall, as of the week of April 8, the price and spread of chemical products were generally stable. In many chemical sub-sectors, the spread of dimethylformamide (DMF) and acetic anhydride increased significantly. Among them, the DMF spread mainly benefited from the boost of product prices, and the widening of the spread of acetic anhydride was caused by the combination of product price boost and methanol price decline. The spread of thermal phosphoric acid, viscose staple fiber, spandex and purified terephthalic acid (PTA) decreased significantly. Among them, the thermal acid phosphate price difference is greatly reduced due to the rising price of raw material yellow phosphorus; viscose staple fiber, spandex, PTA price difference is due to the decline in product prices.
The price of chemicals is generally stable. Among the 115 chemical products tracked, compared with the previous week, the prices of 41 kinds of products increased, the prices of 33 kinds of products were stable, the prices of 41 kinds of products fell, and the number of three types of products accounted for 36% of the total number of products. 29% and 36%. The price of chemicals is generally stable. Products with large price increases include: butanone, which rose by 14.4%, and the OPEC package of crude oil, an increase of 5.2%; products with large price declines include: cotton linters, down 9.2%; viscose staple fiber , down 6.6%; New York Mercantile Exchange (NYMEX) natural gas, down 5.0%.
The overall profitability of chemical products is stable. Among the 34 product spreads tracked, compared with the previous week, the spread of 12 products expanded, the spread of 7 products was stable, and the spread of 15 products narrowed. The proportion of the three types of products accounted for 35%, 21% and 44% respectively. The overall profitability of chemical products is stable. Products with larger spreads include: dimethylformamide (DMF), an increase of 8.2%; acetic anhydride increased by 7.7%. Products with larger price gaps include: thermal phosphoric acid, which fell by 14.7%; viscose staple fiber, which fell by 13.1%; spandex fell by 10.5%; PTA fell by 9.0%.

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