Most Chemicals Supply Keeps Tight

Most chemicals supply keeps tight,and some of them meet bottom periodical,(Mar 25^th)

1-MELAMINE:

LP factories GE increased CNY100/MT,Fengxi increased CNY150/MT,HP factory XLX rose CNY200/MT today,others mainly keeps stable,Urea meet bottom periodical,different market have different rebound.Demands become much better after longtime decrease of Urea and Melamine,price will keeps stable or rise a little this week.

2-ADIPIC ACID:

Crude oil keeps in high price level,SINOPEC decreased CNY150/MT on Mar 22th for Benzene,to CNY8550/MT EXW factory.Adipic Acid price keeps stable,spot goods supply a little tight,Hualu price at CNY9450/MT EXW,YANGMEI CNY9300 EXW,HENGLI CNY9300 EXW.

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3-MALEIC ANHYDRIDE:

MA supply keeps tight,Manufacturers sold very good for liquid MA,Tengda keeps price stable for more than 3 weeks,overseas market Taiwan Nanya factory still stop for maintenance,shipment all come to May,MA price at 910-930$ FOB level.

4-BENZOIC ACID:

Toluene price increasing a little in spot market,SINOPEC price stable from Mar 12^th,Benzoic Acid market don't change too much,FOB price at 980$-990$ for 99%min.