Market Overview

In April, OTDA prices continued to rise in the Chinese market. In April, the total supply of OTDA fell. Xinjiang Juli was maintained for about a full month in April, and Covestro and BASF were affected by the COVID-19 epidemic in Shanghai, with poor logistics and reduced supply. Wanhua Chemical is still mainly used for self-use, and the load in Fujian is low. As a result, the OTDA market is still in short supply in April, prices continue to rise, and the quotations of some secondary market traders have reached about 45,000 yuan / ton.

Supply：Decrease

Demand: Increase

Price (purity) ≥98.5%): April domestic OTDA market price of 34,000-40,000 CNY/ ton.

CNY & USD Prices

Table 1: China and Imported OTDA Monthly Market Price List

Region/Grade	April Average Price	March Average Price	Fluctuation
China Market (CNY/ton)	34,000-40,000	28,000-34,000	6000，6000
Imports (USD/ton)	--	--	--

Note: For China market price, the price with purity≥99.5% is little higher than that of 99%＞purity≥98.5%,

 with fluctuating around 20%;

There is almost no source of imported goods in the Chinese market, so there is no import quotation.

Table 2: China OTDA Monthly Output Tracking

	21-may	21-Jun	21-Jul	21-Aug	21-Sep	21-Oct	21-Nov	21-Dec	22-Jan	22-Feb	22-Mar	22-Apr
Average producing rate	72%	72%	77%	67%	44%	73%	83%	63%	79%	79%	73%	54%
Month capacity	2,545	2,545	2,545	2,545	2,545	2,545	2,545	2,545	2,545	2,545	2,545	2,545
Month output	1,832	1,835	1,960	1,705	1,119	1,858	2,112	1,603	2,010	2,010	1,858	1,374
Month on month	-20%	0%	6%	13%	-34%	66%	13%	-24%	27%	0%	-7%	-26%

 ......

Click here for a sample:

 userfiles/China OTDA Monthly Market Report Sample.pdf

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