Last week, China's domestic epichlorohydrin market first rose and then fell. As of Monday, the reference price of the market in East China and Huangshan is 11000-11300 yuan / ton (consignment delivery), and the reference price in Shandong and North China is 11200 yuan / ton. (Accepted to send) around, the price fell by 800 yuan / ton from the previous week. buy dimethyl carbonate with the best price
At the beginning of the week, the purchase of Huangshan market was concentrated in the market to replenish the goods. The actual single-handed talks were heavy, and the manufacturers' offers increased. The sales mentality was strong, and the market was more enthusiastic. The price of the Huangshan market was once raised to 13800-14000 yuan/ Ton. However, the good times are not long. Since Wednesday, with the low-cost replenishment of the downstream, the rhythm of the replenishment has slowed down. In addition, the sewage discharge limit of Huangshan County is limited. The operating rate of solid epoxy resin is limited, and it is only maintained at 50%. Left and right, causing the buying atmosphere to cool down, the new single shipment pressure of epichlorohydrin is gradually increasing, the rising market is difficult to sustain, the price quickly enters the downward channel, and some manufacturers have heard lower orders due to inventory and product quality. The downstream epoxy resin factory is cautious and wait-and-see. As the current order materials have been purchased, the price of epichlorohydrin has risen and fallen, which has little impact on downstream operators, and some operators have a bearish sentiment towards the market. Ascension, it is really bleak.
Thursday, September 5, 2019
China's Epoxy Resin Market Declines Overall
Last week, China's domestic epoxy resin market showed a downward trend. As of this Monday, Huadong liquid epoxy resin negotiated price reference at 17200-17600 yuan / ton (contracted delivery), solid epoxy resin negotiated price at 14600-15200 yuan / ton (accepted delivery). buy Propylene oxide with the best price
During the week, the raw material epichlorohydrin was up and down significantly, and the other raw material bisphenol A continued to be weak. The epoxy resin production cost support was weakened, but the downstream order of Huangshan solid resin market was better, the manufacturers offered high prices, and the new single-letter profit margin decreased. The liquid epoxy resin factory consumes long-term raw material orders, and the increase is relatively small, and the overall profit margin increases.
During the week, the liquid resin plant started operating at a stable load, maintaining at around 60%, Guodu Chemical's 145,000 tons/year plant start-up load is relatively low; Changchun Chemical 150,000 tons/year plant, Jiangsu Yangnong 140,000 tons/year device in September There are maintenance plans. However, due to the limited discharge of wastewater from the Jixian Industrial Park, the solid epoxy resin has a limited start-up load and is only maintained at around 50%. Raw materials for downstream and terminal orders have been purchased in place, and the buying performance has been negative and wait-and-see. The new orders have been unsatisfactory, and the purchases are just in need of purchase. The number of transactions is limited, and the industry pays more attention to the fluctuations in the later market.
During the week, the raw material epichlorohydrin was up and down significantly, and the other raw material bisphenol A continued to be weak. The epoxy resin production cost support was weakened, but the downstream order of Huangshan solid resin market was better, the manufacturers offered high prices, and the new single-letter profit margin decreased. The liquid epoxy resin factory consumes long-term raw material orders, and the increase is relatively small, and the overall profit margin increases.
During the week, the liquid resin plant started operating at a stable load, maintaining at around 60%, Guodu Chemical's 145,000 tons/year plant start-up load is relatively low; Changchun Chemical 150,000 tons/year plant, Jiangsu Yangnong 140,000 tons/year device in September There are maintenance plans. However, due to the limited discharge of wastewater from the Jixian Industrial Park, the solid epoxy resin has a limited start-up load and is only maintained at around 50%. Raw materials for downstream and terminal orders have been purchased in place, and the buying performance has been negative and wait-and-see. The new orders have been unsatisfactory, and the purchases are just in need of purchase. The number of transactions is limited, and the industry pays more attention to the fluctuations in the later market.
Environmentally Friendly Coatings Represent a Steady Growth in China's Powder Coatings Production
With the development of industry, the problem of environmental pollution has gradually emerged. The long-term smog weather reflects the severity of China's air pollution from one side. The Chinese government attaches great importance to this. In order to effectively control PM2.5, the former Ministry of Environmental Protection has formulated the "Air Pollution Prevention Action Plan" and the "National Ten Articles". The Ministry of Ecology and Environment has also signed the “Responsibility Letter for Air Pollution Prevention and Control Targets” with 31 provinces (autonomous regions and municipalities) to further implement local government environmental protection responsibilities. Article 46 of the Law on the Prevention and Control of Atmospheric Pollution clearly stipulates that industrial coating enterprises should use coatings with low volatile organic content. For industries such as furniture production, home decoration, automobile manufacturing, automobile repair, and home appliance manufacturing, the government strictly requires the use of environmentally friendly coatings. propylene glycol in coating
Therefore, as a representative of environmentally friendly coatings, China's powder coatings have performed well in recent years. The growth rate of China's powder coatings production is basically consistent with the growth rate of national GDP. According to the company's data, there were 3,274 companies engaged in powder coatings related business in China in 2018. In 2011-2017, China's powder coating production increased steadily. In 2017, China's powder coating production reached 1.66 million tons, an increase of 7.10%. According to forward-looking calculations, the output of China's powder coatings in 2018 is about 1.76 million tons.
Therefore, as a representative of environmentally friendly coatings, China's powder coatings have performed well in recent years. The growth rate of China's powder coatings production is basically consistent with the growth rate of national GDP. According to the company's data, there were 3,274 companies engaged in powder coatings related business in China in 2018. In 2011-2017, China's powder coating production increased steadily. In 2017, China's powder coating production reached 1.66 million tons, an increase of 7.10%. According to forward-looking calculations, the output of China's powder coatings in 2018 is about 1.76 million tons.
Monday, September 2, 2019
China's Domestic Polyacrylamide Price Fluctuated Slightly in The Middle and Late August
On August 19th, the mainstream price of polyacrylamide (cation) market was about 16,400 yuan / ton, and the mainstream price of the market on the 30th was 16,366.67 yuan / ton, which was flat after a small shock. At present, the mainstream quotation range of polyacrylamide domestic market: cation (PAM, molecular weight 12 million) quoted 16200-18100 yuan / ton, anion (PAM, molecular weight 12 million) quoted 10000-12100 yuan / ton. propylene glycol carbonate
Industry chain: It is understood that the mainstream price of upstream acrylonitrile is 12,000 yuan/ton, and the market is stable. The downstream demand for polyacrylamide is stable, manufacturers give priority to old customers, and there are certain changes in prices, but the overall range is not large, and the market development of new customers is postponed or suspended.
Industry: 1. Notice of suspension of production: On July 26, the water purification and environmental protection enterprise of Yongan Road Sub-district Office of Gongyi City, Henan Province received the Notice of Suspension of Production, and notified: According to the analysis of the city's environmental pollution and future pollution weather, the city The tackling office requires all in-depth management enterprises to stop production and control before they are unaccepted, and can resume production after dispatching or accepting according to the attack. 2. After the resumption of production, the production was stopped again: 10 days of resumption of production in August, and production stopped again on the 15th. According to the manufacturer, the suspension of production was more affected by the National Games held in Zhengzhou on September 8. The local environmental inspection was strict. All local enterprises were required to stop production for environmental protection and maintenance.
Market outlook: As the main production area of Henan Gongyi City, the relevant manufacturers, in the middle and late this month, once again suspended production, manufacturers holiday, inventory to maintain the needs of old customers, the current supply inventory is relatively sufficient, the price impact is not great, but for the new The customer's offer is partially raised. On September 8th, it was close at hand. After the factory resumed production, the supply situation was alleviated. According to the current inventory supply, the price change is not expected to be too large during this period.
Industry chain: It is understood that the mainstream price of upstream acrylonitrile is 12,000 yuan/ton, and the market is stable. The downstream demand for polyacrylamide is stable, manufacturers give priority to old customers, and there are certain changes in prices, but the overall range is not large, and the market development of new customers is postponed or suspended.
Industry: 1. Notice of suspension of production: On July 26, the water purification and environmental protection enterprise of Yongan Road Sub-district Office of Gongyi City, Henan Province received the Notice of Suspension of Production, and notified: According to the analysis of the city's environmental pollution and future pollution weather, the city The tackling office requires all in-depth management enterprises to stop production and control before they are unaccepted, and can resume production after dispatching or accepting according to the attack. 2. After the resumption of production, the production was stopped again: 10 days of resumption of production in August, and production stopped again on the 15th. According to the manufacturer, the suspension of production was more affected by the National Games held in Zhengzhou on September 8. The local environmental inspection was strict. All local enterprises were required to stop production for environmental protection and maintenance.
Market outlook: As the main production area of Henan Gongyi City, the relevant manufacturers, in the middle and late this month, once again suspended production, manufacturers holiday, inventory to maintain the needs of old customers, the current supply inventory is relatively sufficient, the price impact is not great, but for the new The customer's offer is partially raised. On September 8th, it was close at hand. After the factory resumed production, the supply situation was alleviated. According to the current inventory supply, the price change is not expected to be too large during this period.
China's Phthalic Anhydride Market Price Trend Rose on September 2
The phthalic anhydride commodity index was 59.85 on September 2, up 2.1 points from yesterday, down 50.18% from the highest point of the cycle at 120.13 points (2012-02-28), up 23.61 from the lowest point of 48.42 on January 21, 2016. %. (Note: The period refers to 2011-09-01 to date).
Recently, the domestic phthalic anhydride market price trend has risen. The market price of phthalic anhydride phthalic anhydride in East China has risen. The downstream factories have just kept purchasing. The factory inventory is still under pressure. The high-end transactions are blocked, but the orders on the market have increased compared with the previous ones. The market price of phthalic anhydride has risen. The mainstream of neighboring sources in East China is about 6000-6200 yuan. Epoxy Propane
/ ton, naphthalene supply sources talk about the mainstream in 5600-5700 yuan / ton; North China phthalic anhydride market mainstream offer at 6000-6100 yuan / ton, the market price continues to rise, some manufacturers raise the ex-factory price, downstream construction is not high, on-demand procurement for The main, wait-and-see attitude is strong, the domestic phthalic anhydride plant runs stably, the field phthalic anhydride spot
The supply was normal and the price of phthalic anhydride rose.
Recently, the domestic phthalic anhydride upstream product price of benzene Sinopec is 6,300 yuan / ton, the import of benzene in the port area has not changed much, the quotation is stable, the recent port benzene market is generally, the port inventory is at a low level, the quotation of the benzene external disk is stable, and the actual transaction price is Negotiation shall prevail, the actual order will be discussed in detail, and the upstream price will fluctuate.
The market price of phthalic anhydride has risen. The price of downstream DOP fluctuated and the price of isooctyl alcohol increased, and the cost of DOP increased. The price of DOP is higher, the downstream demand of DOP is fluctuating, the enthusiasm of customers is generally low, and the downstream PVC market is slightly lower. The mainstream transaction price of DOP market is about 7,350 yuan/ton, and the downstream price has risen.
The market price of phthalic anhydride in the later period may remain firm.
Recently, the domestic phthalic anhydride market price trend has risen. The market price of phthalic anhydride phthalic anhydride in East China has risen. The downstream factories have just kept purchasing. The factory inventory is still under pressure. The high-end transactions are blocked, but the orders on the market have increased compared with the previous ones. The market price of phthalic anhydride has risen. The mainstream of neighboring sources in East China is about 6000-6200 yuan. Epoxy Propane
/ ton, naphthalene supply sources talk about the mainstream in 5600-5700 yuan / ton; North China phthalic anhydride market mainstream offer at 6000-6100 yuan / ton, the market price continues to rise, some manufacturers raise the ex-factory price, downstream construction is not high, on-demand procurement for The main, wait-and-see attitude is strong, the domestic phthalic anhydride plant runs stably, the field phthalic anhydride spot
The supply was normal and the price of phthalic anhydride rose.
Recently, the domestic phthalic anhydride upstream product price of benzene Sinopec is 6,300 yuan / ton, the import of benzene in the port area has not changed much, the quotation is stable, the recent port benzene market is generally, the port inventory is at a low level, the quotation of the benzene external disk is stable, and the actual transaction price is Negotiation shall prevail, the actual order will be discussed in detail, and the upstream price will fluctuate.
The market price of phthalic anhydride has risen. The price of downstream DOP fluctuated and the price of isooctyl alcohol increased, and the cost of DOP increased. The price of DOP is higher, the downstream demand of DOP is fluctuating, the enthusiasm of customers is generally low, and the downstream PVC market is slightly lower. The mainstream transaction price of DOP market is about 7,350 yuan/ton, and the downstream price has risen.
The market price of phthalic anhydride in the later period may remain firm.
Low Demand Season August Propane China Market Narrow Adjustment
First, the price trend
In August, the propane market was narrowly adjusted. At the beginning of the month, the average price of propane market was 3,615 yuan / ton, and the average price at the end of the month was 3692.5 yuan / ton. The monthly increase was 2.14%, and the price fell 31.06% compared with the same period of last year. Propylene Glycol
Second, the analysis of influencing factors
Products: Propane prices fluctuated mainly this month, and the market trading atmosphere was average. As of August 30, Shandong Dongming Petrochemical propane was stopped for use, and no quotation is available. The ex-factory price of propane in the supply and marketing company of Tianjin Bohai Chemical Group is 3,600 yuan/ton, the ex-factory price of propane in Shandong Haiyou Petrochemical Group is 3,700 yuan/ton, and the ex-factory price of propane in Shandong Huifeng Petrochemical is 3,750 yuan/ton. Propane of Shandong Hengyuan Petrochemical Co., Ltd. The ex-factory price is 3720 yuan / ton, Shandong Binzhou Dayou Group propane ex-factory price is 3700 yuan / ton, Shandong Zhonghai Fine Chemical Co., Ltd. propane ex-factory price is 3700 yuan / ton, Shandong Yuhuang Shengshi propane ex-factory price is 3630 yuan / ton, The ex-factory price of Sinopec Qingdao refinery and chemical propane is 3,400.
Industry chain: In August, the liquefied gas (Shandong market) was narrowly adjusted in a narrow range. The international crude oil price this month still has a large impact on the liquefied gas market. At the beginning of August, the price of liquefied petroleum gas continued to be low, and the downstream market was aggressively entering the market. The factory shipments were smoother and the stocks were not pressured, and then pushed up. However, due to the decline in international crude oil, the increase was not large. In mid-August, the typhoon affected the production and transportation of the manufacturers. The shipments were blocked for several days and the prices fell. Subsequently, the weather affected gradually weakened, the factory shipments returned to normal, the inventory was eased, and the international crude oil pushed up the market to drive the market higher. However, the shipment has been briefly improved. Although the traditional sales season is coming, the demand increase is limited. In addition, the CP is expected to fall in September, and the downstream market is bearish and the market enthusiasm is weak. Factory shipments returned to a dull level, and prices fell again at the end of August. Until the introduction of CP in September, although propane fell but the magnitude was less than expected, the market mentality eased and the price rose slightly.
In August, the price of propylene market fluctuated and the fluctuations were still frequent. In total, there were three peaks and troughs. The polypropylene powder, butanol and propylene oxide were all profitable, and the customers' purchases were positive. In August, the domestic acrylic market stepped up, reaching 3.04%, which was good for the propylene market; the epichlorohydrin began to oscillate. Downside, the monthly decline was 23.28%, and the monthly amplitude was as high as 28.63%. The recent market is dominated by consolidation, or there is a certain negative impact on the price of propylene.
In August, the overall propane market rose slightly, mostly due to shocks. At the beginning of the month, the price of CP was released in August, and the propane dropped slightly, which brought bad news to the market. In addition, the international crude oil fell sharply on August 2, affecting the market mentality. The downstream market was not enthusiastic, and the manufacturers were not well-sold. The propane price shift shifted downwards. However, in mid-August, with the continuous rise of international crude oil, the propane market was boosted, the downstream market entered the market with enthusiasm, the manufacturers shipped smoothly, the stocks were pressureless, and they actively pushed up, and the prices stopped falling and rebounded. However, August is still a low season for traditional demand. The contradiction between supply and demand is prominent. In addition, the CP is expected to fall in September, and the price is blocked. Until the end of August, the price of CP was released in September. Although propane decreased compared with last month, the decline was less than expected, the market mentality was supported, and the price rose slightly.
Saudi Aramco announced in September that the price of propane was lowered and the price of butane was flat. Propane was $350/ton, down $20/ton from last month; butane was $360/ton, unchanged from last month. The cost of long-term propane conversion to the shore is about 3022 yuan / ton, butane is about 3100 yuan / ton.
Industry: According to the price monitoring of business companies, there were 37 kinds of commodities in the chemical sector rising in the price of commodity prices in August 2019, among which 15 kinds of products increased by more than 5%, accounting for 17.9% of the monitored products in the sector. The top 3 commodities were hydrogen peroxide (39.93%), acetic acid (20.90%) and butadiene (14.47%). There were 39 kinds of commodities with a decrease in the chain ratio, 13 products with a drop of more than 5%, accounting for 15.5% of the monitored products in the sector; the top 3 products were yellow phosphorus (-27.58%) and epichlorohydrin ( -23.28%), sulfur (-19.38%). This month's average price increase and decrease was 0.03%.
Third, the market outlook
Propane analysts of the business community believe that although the atmosphere is not good in August, as the weather gets colder, the demand will increase in September compared with August. With the expectation of the traditional sales season “Golden September and Silver 10”, it is expected to reverse in September. The situation, the price is gradually rising.
In August, the propane market was narrowly adjusted. At the beginning of the month, the average price of propane market was 3,615 yuan / ton, and the average price at the end of the month was 3692.5 yuan / ton. The monthly increase was 2.14%, and the price fell 31.06% compared with the same period of last year. Propylene Glycol
Second, the analysis of influencing factors
Products: Propane prices fluctuated mainly this month, and the market trading atmosphere was average. As of August 30, Shandong Dongming Petrochemical propane was stopped for use, and no quotation is available. The ex-factory price of propane in the supply and marketing company of Tianjin Bohai Chemical Group is 3,600 yuan/ton, the ex-factory price of propane in Shandong Haiyou Petrochemical Group is 3,700 yuan/ton, and the ex-factory price of propane in Shandong Huifeng Petrochemical is 3,750 yuan/ton. Propane of Shandong Hengyuan Petrochemical Co., Ltd. The ex-factory price is 3720 yuan / ton, Shandong Binzhou Dayou Group propane ex-factory price is 3700 yuan / ton, Shandong Zhonghai Fine Chemical Co., Ltd. propane ex-factory price is 3700 yuan / ton, Shandong Yuhuang Shengshi propane ex-factory price is 3630 yuan / ton, The ex-factory price of Sinopec Qingdao refinery and chemical propane is 3,400.
Industry chain: In August, the liquefied gas (Shandong market) was narrowly adjusted in a narrow range. The international crude oil price this month still has a large impact on the liquefied gas market. At the beginning of August, the price of liquefied petroleum gas continued to be low, and the downstream market was aggressively entering the market. The factory shipments were smoother and the stocks were not pressured, and then pushed up. However, due to the decline in international crude oil, the increase was not large. In mid-August, the typhoon affected the production and transportation of the manufacturers. The shipments were blocked for several days and the prices fell. Subsequently, the weather affected gradually weakened, the factory shipments returned to normal, the inventory was eased, and the international crude oil pushed up the market to drive the market higher. However, the shipment has been briefly improved. Although the traditional sales season is coming, the demand increase is limited. In addition, the CP is expected to fall in September, and the downstream market is bearish and the market enthusiasm is weak. Factory shipments returned to a dull level, and prices fell again at the end of August. Until the introduction of CP in September, although propane fell but the magnitude was less than expected, the market mentality eased and the price rose slightly.
In August, the price of propylene market fluctuated and the fluctuations were still frequent. In total, there were three peaks and troughs. The polypropylene powder, butanol and propylene oxide were all profitable, and the customers' purchases were positive. In August, the domestic acrylic market stepped up, reaching 3.04%, which was good for the propylene market; the epichlorohydrin began to oscillate. Downside, the monthly decline was 23.28%, and the monthly amplitude was as high as 28.63%. The recent market is dominated by consolidation, or there is a certain negative impact on the price of propylene.
In August, the overall propane market rose slightly, mostly due to shocks. At the beginning of the month, the price of CP was released in August, and the propane dropped slightly, which brought bad news to the market. In addition, the international crude oil fell sharply on August 2, affecting the market mentality. The downstream market was not enthusiastic, and the manufacturers were not well-sold. The propane price shift shifted downwards. However, in mid-August, with the continuous rise of international crude oil, the propane market was boosted, the downstream market entered the market with enthusiasm, the manufacturers shipped smoothly, the stocks were pressureless, and they actively pushed up, and the prices stopped falling and rebounded. However, August is still a low season for traditional demand. The contradiction between supply and demand is prominent. In addition, the CP is expected to fall in September, and the price is blocked. Until the end of August, the price of CP was released in September. Although propane decreased compared with last month, the decline was less than expected, the market mentality was supported, and the price rose slightly.
Saudi Aramco announced in September that the price of propane was lowered and the price of butane was flat. Propane was $350/ton, down $20/ton from last month; butane was $360/ton, unchanged from last month. The cost of long-term propane conversion to the shore is about 3022 yuan / ton, butane is about 3100 yuan / ton.
Industry: According to the price monitoring of business companies, there were 37 kinds of commodities in the chemical sector rising in the price of commodity prices in August 2019, among which 15 kinds of products increased by more than 5%, accounting for 17.9% of the monitored products in the sector. The top 3 commodities were hydrogen peroxide (39.93%), acetic acid (20.90%) and butadiene (14.47%). There were 39 kinds of commodities with a decrease in the chain ratio, 13 products with a drop of more than 5%, accounting for 15.5% of the monitored products in the sector; the top 3 products were yellow phosphorus (-27.58%) and epichlorohydrin ( -23.28%), sulfur (-19.38%). This month's average price increase and decrease was 0.03%.
Third, the market outlook
Propane analysts of the business community believe that although the atmosphere is not good in August, as the weather gets colder, the demand will increase in September compared with August. With the expectation of the traditional sales season “Golden September and Silver 10”, it is expected to reverse in September. The situation, the price is gradually rising.
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