Since September, the prices of various categories in the domestic chemical market have risen markedly, but the cost transmission behind the rise has not been smooth, and the upstream and downstream industrial chains have shown the characteristics of “uneven heat and cold.” According to monitoring by the Chamber of Commerce, as of September 17, the benchmark price of carbon black was 12778.57 yuan/ton, up 39.77% from the beginning of September, a record high; the price of propane hit a record high of nearly ten years in early September, propylene and polypropylene powder successively broke through the 10,000 yuan/ton mark, and polycarboxylic acid water reducing agent monomers, etc. hit new highs during the year. In response, a number of energy and chemical companies said in an interview: “Varieties in the industrial chain close to the upstream crude oil are showing strong performance, but downstream products are underperforming due to factors such as terminal demand and raw material costs.”

Since September, the prices of various categories in the domestic chemical market have risen markedly, but the cost transmission behind the rise has not been smooth, and the upstream and downstream industrial chains have shown the characteristics of “uneven heat and cold.” According to monitoring by the Chamber of Commerce, as of September 17, the benchmark price of carbon black was 12778.57 yuan/ton, up 39.77% from the beginning of September, a record high; the price of propane hit a record high of nearly ten years in early September, propylene and polypropylene powder successively broke through the 10,000 yuan/ton mark, and polycarboxylic acid water reducing agent monomers, etc. hit new highs during the year. In response, a number of energy and chemical companies said in an interview: “Varieties in the industrial chain close to the upstream crude oil are showing strong performance, but downstream products are underperforming due to factors such as terminal demand and raw material costs.”