烨达新材

The traditional peak season is approaching, and the price speculation in the chemical market is gradually rising

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-12-23
  • Views:0

(Summary description)  The traditional peak season is approaching, and the chemical market rebounded within a narrow range last week. The Chemical Price Index (CCPI) released by Chemical Online closed at 3537 points, an increase of 0.8%.

  Among the 160 important chemical product prices monitored, 55 rose products, accounting for 34.4%, and the top three rising products were butadiene, acetone and methanol; 50 products fell, accounting for 31.2%, a decrease The top three products are isopropanol, acetic acid and naphthalene; there are 55 stable products, accounting for 34.4%.

  From the list of gains, the price of butadiene rose broadly last week, rising 9.7% during the week, a 4-month high. The rise in external disks brought confidence to the domestic market, and Sinopec’s quotations were raised. Although Liaoning Bora’s new device has been put into production, there is currently no product output, and shipments from other manufacturers have been limited recently, resulting in low butadiene supply. However, in anticipation of an increase in supply in the market outlook, there are few downstream inquiries, and it is expected that there will be limited room for butadiene price increases in the later period.

  The acetone market rebounded slightly recently, ending the two and a half months of continuous decline. The peak season is approaching, and the downstream market enters the market to cover positions, and the market rises within a narrow range. Traders' offers rose, but the current price of acetone is still higher than in previous years, and it is expected that there will be little room for growth in the later period. The downstream BPA also increased by 5%. At present, Sinopec Mitsui's equipment is overhauled, the Changchun chemical equipment is operating at low load, and Nantong Xingchen exports less, and the supply of bisphenol A is limited and the price is rising.

  The market for methanol ports rose slightly. Recently, the number of arrivals at ports has narrowed, methanol inventories have declined, and the futures market has rebounded, supporting the spot market. In addition, due to rising transportation costs, prices have risen in some parts of the country. However, there are many restarts of methanol plants and the downstream demand is relatively limited. It is expected that there is little room for further price increases in the later period.

  From the list of declines, the isopropanol market once again topped the list of declines. Although the market continues to fall, the current factory operating rate is relatively high and the supply is relatively abundant. Affected by the easing of the epidemic, foreign downstream demand has maintained a good momentum, but the increase in foreign supply has caused domestic exports to be restricted. Looking at the market outlook, the current price is close to the starting point after the year, and the demand brought by the epidemic is still there. It is expected that the isopropanol market will have a limited decline.

  Recently, the acetic acid market has risen and fallen. With the completion of equipment maintenance, the operating rate of the acetic acid industry has rebounded, alleviating the lack of supply in the early stage, the market has a strong bearish attitude, and the market has been rationally adjusted down. Except for PTA, the downstream production losses such as acetate, etc., the operating rate is low, the demand is reduced, and the export performance is average.

  Industrial naphthalene market turned around after a slight rise. The downstream naphthalene method phthalic anhydride industry is losing money, the operating rate of the equipment has declined, and the demand for raw materials has decreased. The industrial naphthalene market is more bearish. At the same time, raw material coal tar prices fell within a narrow range, and cost support weakened. However, the deep processing industry currently has overhauls, and the inventory of industrial naphthalene is low. The market outlook is expected to be weak and stable.

  On the whole, due to the recent typhoon weather, the import sources of some products in the chemical market have been restricted, which has caused inventories to fall. At the same time, the traditional peak season of "Golden Nine and Silver Ten" is coming soon, downstream stocks increase, the chemical market hype atmosphere gradually rises, and the market rebounds. However, the terminal export market has not yet recovered, and the increase in demand is relatively insufficient. It is expected that the market will mainly fluctuate within a narrow range this week.

The traditional peak season is approaching, and the price speculation in the chemical market is gradually rising

(Summary description)  The traditional peak season is approaching, and the chemical market rebounded within a narrow range last week. The Chemical Price Index (CCPI) released by Chemical Online closed at 3537 points, an increase of 0.8%.

  Among the 160 important chemical product prices monitored, 55 rose products, accounting for 34.4%, and the top three rising products were butadiene, acetone and methanol; 50 products fell, accounting for 31.2%, a decrease The top three products are isopropanol, acetic acid and naphthalene; there are 55 stable products, accounting for 34.4%.

  From the list of gains, the price of butadiene rose broadly last week, rising 9.7% during the week, a 4-month high. The rise in external disks brought confidence to the domestic market, and Sinopec’s quotations were raised. Although Liaoning Bora’s new device has been put into production, there is currently no product output, and shipments from other manufacturers have been limited recently, resulting in low butadiene supply. However, in anticipation of an increase in supply in the market outlook, there are few downstream inquiries, and it is expected that there will be limited room for butadiene price increases in the later period.

  The acetone market rebounded slightly recently, ending the two and a half months of continuous decline. The peak season is approaching, and the downstream market enters the market to cover positions, and the market rises within a narrow range. Traders' offers rose, but the current price of acetone is still higher than in previous years, and it is expected that there will be little room for growth in the later period. The downstream BPA also increased by 5%. At present, Sinopec Mitsui's equipment is overhauled, the Changchun chemical equipment is operating at low load, and Nantong Xingchen exports less, and the supply of bisphenol A is limited and the price is rising.

  The market for methanol ports rose slightly. Recently, the number of arrivals at ports has narrowed, methanol inventories have declined, and the futures market has rebounded, supporting the spot market. In addition, due to rising transportation costs, prices have risen in some parts of the country. However, there are many restarts of methanol plants and the downstream demand is relatively limited. It is expected that there is little room for further price increases in the later period.

  From the list of declines, the isopropanol market once again topped the list of declines. Although the market continues to fall, the current factory operating rate is relatively high and the supply is relatively abundant. Affected by the easing of the epidemic, foreign downstream demand has maintained a good momentum, but the increase in foreign supply has caused domestic exports to be restricted. Looking at the market outlook, the current price is close to the starting point after the year, and the demand brought by the epidemic is still there. It is expected that the isopropanol market will have a limited decline.

  Recently, the acetic acid market has risen and fallen. With the completion of equipment maintenance, the operating rate of the acetic acid industry has rebounded, alleviating the lack of supply in the early stage, the market has a strong bearish attitude, and the market has been rationally adjusted down. Except for PTA, the downstream production losses such as acetate, etc., the operating rate is low, the demand is reduced, and the export performance is average.

  Industrial naphthalene market turned around after a slight rise. The downstream naphthalene method phthalic anhydride industry is losing money, the operating rate of the equipment has declined, and the demand for raw materials has decreased. The industrial naphthalene market is more bearish. At the same time, raw material coal tar prices fell within a narrow range, and cost support weakened. However, the deep processing industry currently has overhauls, and the inventory of industrial naphthalene is low. The market outlook is expected to be weak and stable.

  On the whole, due to the recent typhoon weather, the import sources of some products in the chemical market have been restricted, which has caused inventories to fall. At the same time, the traditional peak season of "Golden Nine and Silver Ten" is coming soon, downstream stocks increase, the chemical market hype atmosphere gradually rises, and the market rebounds. However, the terminal export market has not yet recovered, and the increase in demand is relatively insufficient. It is expected that the market will mainly fluctuate within a narrow range this week.

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-12-23
  • Views:0
Information

  The traditional peak season is approaching, and the chemical market rebounded within a narrow range last week. The Chemical Price Index (CCPI) released by Chemical Online closed at 3537 points, an increase of 0.8%.

  Among the 160 important chemical product prices monitored, 55 rose products, accounting for 34.4%, and the top three rising products were butadiene, acetone and methanol; 50 products fell, accounting for 31.2%, a decrease The top three products are isopropanol, acetic acid and naphthalene; there are 55 stable products, accounting for 34.4%.

  From the list of gains, the price of butadiene rose broadly last week, rising 9.7% during the week, a 4-month high. The rise in external disks brought confidence to the domestic market, and Sinopec’s quotations were raised. Although Liaoning Bora’s new device has been put into production, there is currently no product output, and shipments from other manufacturers have been limited recently, resulting in low butadiene supply. However, in anticipation of an increase in supply in the market outlook, there are few downstream inquiries, and it is expected that there will be limited room for butadiene price increases in the later period.

  The acetone market rebounded slightly recently, ending the two and a half months of continuous decline. The peak season is approaching, and the downstream market enters the market to cover positions, and the market rises within a narrow range. Traders' offers rose, but the current price of acetone is still higher than in previous years, and it is expected that there will be little room for growth in the later period. The downstream BPA also increased by 5%. At present, Sinopec Mitsui's equipment is overhauled, the Changchun chemical equipment is operating at low load, and Nantong Xingchen exports less, and the supply of bisphenol A is limited and the price is rising.

  The market for methanol ports rose slightly. Recently, the number of arrivals at ports has narrowed, methanol inventories have declined, and the futures market has rebounded, supporting the spot market. In addition, due to rising transportation costs, prices have risen in some parts of the country. However, there are many restarts of methanol plants and the downstream demand is relatively limited. It is expected that there is little room for further price increases in the later period.

  From the list of declines, the isopropanol market once again topped the list of declines. Although the market continues to fall, the current factory operating rate is relatively high and the supply is relatively abundant. Affected by the easing of the epidemic, foreign downstream demand has maintained a good momentum, but the increase in foreign supply has caused domestic exports to be restricted. Looking at the market outlook, the current price is close to the starting point after the year, and the demand brought by the epidemic is still there. It is expected that the isopropanol market will have a limited decline.

  Recently, the acetic acid market has risen and fallen. With the completion of equipment maintenance, the operating rate of the acetic acid industry has rebounded, alleviating the lack of supply in the early stage, the market has a strong bearish attitude, and the market has been rationally adjusted down. Except for PTA, the downstream production losses such as acetate, etc., the operating rate is low, the demand is reduced, and the export performance is average.

  Industrial naphthalene market turned around after a slight rise. The downstream naphthalene method phthalic anhydride industry is losing money, the operating rate of the equipment has declined, and the demand for raw materials has decreased. The industrial naphthalene market is more bearish. At the same time, raw material coal tar prices fell within a narrow range, and cost support weakened. However, the deep processing industry currently has overhauls, and the inventory of industrial naphthalene is low. The market outlook is expected to be weak and stable.

  On the whole, due to the recent typhoon weather, the import sources of some products in the chemical market have been restricted, which has caused inventories to fall. At the same time, the traditional peak season of "Golden Nine and Silver Ten" is coming soon, downstream stocks increase, the chemical market hype atmosphere gradually rises, and the market rebounds. However, the terminal export market has not yet recovered, and the increase in demand is relatively insufficient. It is expected that the market will mainly fluctuate within a narrow range this week.

Scan the QR code to read on your phone

Henan Yeda New Material Technolohy Co., Ltd

Development, production and sale of a variety of flexible wear resistant materials (e.g. black corundum, aslo known as black fused alumina).

The public

Follow WeChat public account

More exciting waiting for you!

Tel:+86-371-63118666  /  400-071-5558

E-mail:vip@hnyeda.com

Add:Shengrun Industrial Park, Liuzhai Town, Xinmi City, Henan Province

Add:Zhangzhuang Industrial Park, Fushan County, Linfen City, Shanxi Province

  Copyright ©  2020  Henan Yeda New Material Technolohy Co., Ltd     豫ICP备20013166号

  Copyright  ©Henan Yeda New Material Technolohy Co., Ltd
豫ICP备20013166号

Powered by www.300.cn