The price of butanone fluctuates at a low level, and may fall slightly in the future

According to the data monitoring of business agency, as of August 13, the average ex factory price of domestic butanone market was 6033.33 yuan / ton. Compared with the price on August 1, the price decreased by 33 yuan / ton, or 0.55%; compared with the price on July 1, the price decreased by 1000 yuan / ton, by 14.22%, and the maximum amplitude during the period was 14.22%.

 

Butanone went down all the way in July, down 13.74%

 

In July, the market of butanone was weak and fell significantly. With the advent of high temperature, downstream demand weakened and the market trading atmosphere was cold. Butanone export is limited, export orders are reduced, and the foreign trade atmosphere is not good, which affects the confidence of domestic traders. With the increase of domestic inventory, the bearish mentality of the industry is increasing, the domestic market continues to be cold, the contradiction between supply and demand in the market is increasing, and the offer of the industry continues to fall. As of July 31, the average ex factory price of butanone had dropped to 6066.67 yuan / ton, down 967 yuan / ton or 13.74% compared with July 1.

 

Since August, the overall low-level fluctuation operation of butanone Market

 

The market continued to fall in July, which gave insufficient support to the market in August. Since the beginning of August, the atmosphere of inquiry in the butanone market was general, and the downstream off-season was even weaker. The operators kept a cautious attitude and expected the price of butanone to fall. The market has always maintained weak consolidation, and downstream procurement is not active. On August 7, some dealers in the secondary market made a small offer of 100 yuan / ton, which had little impact on the overall market. The market trading atmosphere was even colder affected by the parking of butanone downstream in Hubei Province. A few days later, the market offer fell again. As of August 13, the reference price of butanone in South China was 6200-6300 yuan / ton; that in East China was 6000-6100 yuan / ton; in North China, the reference price of butanone was 6000-6100 yuan / ton The reference factory price of ketone is 5700-5800 yuan / ton.

 

Price quotation of butanone in some areas of China (for reference only)

 

PVA

Regional product specifications up and down 8 / 1 8 / 13

South China butanone purified water delivery: 6350 yuan / ton: 6250 yuan / ton – 100 yuan

East China butanone purified water storage 6150 yuan / ton 6100 yuan / ton – 50 yuan

North China butanone purified water delivery 5700 yuan / ton 5700 yuan / ton

Demand is likely to weaken again. In late August, the butanone market may encounter a slight negative drop

 

On the current market, butanone market demand is difficult to boost in a short time, and the downstream demand loss of butanone in Hubei is relatively large The unexpected parking time may be extended to the end of the year, and the provinces in East China have also launched strict safety inspection. Therefore, it is expected that the downstream demand for butanone will continue to reduce in late August, and the factory quotation will be more difficult to stabilize. Under the weak trend, it is expected that the market will mainly fluctuate and adjust in late August, and the sales pressure will be greatly increased, and the lower offer of the factory may increase.

POLYVINYL ALCOHOL

Tight supply, light rare earth prices have risen by more than 8% since August

Since August, the price of light rare earth has risen continuously in the domestic market. According to the rare earth plate index of business society, the rare earth index on August 11 was 361 points, which was the same as yesterday, decreased by 63.90% compared with 1000 points (2011-12-06), and increased by 33.21% from 271 points, the lowest point on September 13, 2015. (Note: period refers to 2011-12-01 to now).

 

PVA 2088 (PVA BP20)

As of August 12, the price of praseodymium and neodymium oxide in domestic rare earth was 326500 yuan / ton, increased by 10.12% compared with 296500 yuan / ton at the beginning of the month; the price of praseodymium and neodymium alloy was 407500 yuan / ton, which was 8.38% higher than 376000 yuan / ton at the beginning of the month; the price of neodymium oxide was 345500 yuan / ton, 9.68% higher than that of 315000 yuan / ton at the beginning of the month; the price of metal neodymium was 432500 yuan / ton, an increase of 8 12%, praseodymium oxide, praseodymium metal and other rare earth prices have increased in varying degrees.

 

In August, the price of PR and nd Series in domestic light rare earth continued to rise. At present, the industry is full of confidence in the promotion of national reserve of rare earth, and the willingness of large factories to store up goods is stronger, which will continue to promote the price of medium and heavy rare earth. It is worth mentioning that the price of light rare earth is also supported by the expected rise of light rare earth included in the scope of collection and storage. On the other hand, the supply of PR and nd rare earth market in China is tight recently. In addition, the downstream inquiry has increased, and the major light rare earth manufacturers are reluctant to sell. The lower reaches feel the change of market sentiment and speed up the inquiry and procurement cycle. In terms of supply and demand, the price rise in the light rare earth market is also a big positive. The supply of light rare earth is small, and many downstream manufacturers have full orders in August, which makes it difficult for the demander to purchase, which pushes up the price and the domestic market price of light rare earth keeps rising.

 

In August, there was little change in the price of domestic legitimate, as of the end of the month, the price of dysprosium oxide was 1.865 million yuan / ton, and the price of dysprosium ferroalloy was 1.84 million yuan / ton. In the domestic rare earth collection and storage plan, medium and heavy rare earth accounted for a large proportion of the annual output, which is expected to have a greater impact on the supply and demand and price of medium and heavy rare earth. In addition, Myanmar’s customs clearance still has a tightening impact on the domestic import and supply of medium and heavy rare earth The price of some medium and heavy rare earths also rose. Domestic terbium supply is relatively tight, and manufacturers’ production is discontinuous. The price of terbium oxide and metal terbium has reached the high level in recent seven years. Recently, the market in the market has improved, and the domestic heavy rare earth price has maintained a high level. In addition, with the resumption of production and the recovery of terminal new energy vehicle market, domestic terbium rare earth supply is very tight, and the domestic price of terbium series rare earth is slightly higher.

PVA

 

The Ministry of industry and information technology issued the notice on the docking and implementation of preferential policies for rare earth industry. According to the notice, the rare earth office entrusted China Nonferrous Metals Industry Association and China Rare Earth Industry Association to sort out and summarize the policy documents suitable for the application of rare earth enterprises, and formed a collection of supporting policies for the resumption of work and production of rare earth industry. Favorable policies support the development of rare earth industry. Meanwhile, Sino US relations are tense. Key products of rare earth trade between China and the United States are of great significance. The national policy is conducive to the balance of supply and demand in the rare earth industry. Recently, the supply of rare earth market is normal, and the demand has improved, and the domestic rare earth market is rising.

 

Recently, the domestic demand for rare earth has increased compared with that before, and the supply of medium and heavy rare earth market is still tense. Analysts of business agency believe that under the support of favorable domestic policies, China’s rare earth industry is expected to gradually move from “large” to “strong”, and the price of domestic rare earth market is expected to continue to rise.

POLYVINYL ALCOHOL

After falling in July, the price of n-butanol rose steadily in the first ten days of August

According to the monitoring data of business agency, as of August 11, the average ex factory price of domestic n-butanol was 5666.67 yuan / ton, which was increased by 166.67 yuan / ton or 2.92% compared with the beginning of August (August 1). Compared with the price on July 1, it decreased by 333 yuan / ton, or 5.97%. From July 1 to August 11, the maximum amplitude of n-butanol was – 8.33%.

 

PVA 1799 (PVA BF17)

In July, the domestic n-butanol market fell by 8.33%

 

In July, the overall domestic n-butanol market fell significantly. In the first ten days of July, due to the delay in the maintenance of some n-butanol units, the supply of n-butanol increased in the short term. In addition, the downstream purchasing enthusiasm was not high and the shipment was slow. Since the middle of July, the n-butanol market quotations of most factories fell collectively, with a decline range of 200-400 yuan / ton. As of July 17, the average ex factory price of domestic n-butanol had dropped to 5566 yuan / ton. After a week of stable operation of the market, the cost support of n-butanol was enhanced, and the downstream procurement was positively improved. Starting from the 23rd, the transaction center of n-butanol rose slightly. At the end of the month, affected by the increase of imports from East China, the mentality of the secondary market of n-butanol was depressed, and the transaction price went down again. Under the support of cost, the downward space was limited, which was around 100-200 yuan / ton. As of July 31, the average price of domestic n-butanol was reduced by 500 yuan / ton compared with the beginning of July, with a decrease of 8.33%.

 

The market of n-butanol rose steadily in the first ten days of August

 

In August, n-butanol market bottomed up steadily. On the first two days of the month, the domestic n-butanol market was mainly stable. With the high price of propylene as raw material to support the cost of n-butanol manufacturers, together with the low inventory of manufacturers, downstream just needed to purchase and replenish. From March 3, the quotation of n-butanol in many regions was stable and upward, the downstream operating load was high, and the market trading atmosphere turned better. The n-butanol market gradually went up, and manufacturers mainly delivered contract orders until August 11 On August 1, the reference average price of domestic n-butanol factory quotation was 5666.67 yuan / ton, which was increased by 166.67 yuan / ton or 2.92% compared with the beginning of August (August 1). At present, the ex factory price of n-butanol from Wanhua Chemical Co., Ltd. in North China is 5800 yuan / ton, up 100 yuan / ton compared with last week; the ex factory quotation of n-butanol of Luxi Chemical Co., Ltd. is 5700 yuan / ton, up 300 yuan / ton compared with the beginning of August.

 

The current market price of n-butanol in some regions of China is attached (data for reference only, unit: yuan / ton)

 

Product Name: up / down 8 / 1 / 8 / 11

N-butanol in East China 5700-5750 5800-5900 + 100 / + 150

South China 5800-6000 6000-6200 + 200 / + 200

North China + 5800-5600 + 5600

5400-5600 5500-5700 + 100 / + 100 in Northeast China

PVA

On the upstream side, on August 10, the propylene market price in Shandong still rose. According to the price chart of the business agency, the recent price of propylene fluctuates periodically, with a relatively stable price range. At the beginning of August, the price was at a high level in the range. Since the end of the week, the price of some enterprises has been slightly down. On the 5th, it has been stable. On the 6th, it began to move upward. Some enterprises have continued to rise. The market transaction has reached 7000-7250 yuan / ton, and the mainstream price is about 7000 yuan / ton. Propylene manufacturers to ship smoothly, low inventory.

 

Cost support market for better, n-butanol future market or will continue to rise

 

At present, the inventory of n-butanol manufacturers is low, and the overall downstream market procurement is picking up, and the market is good. The raw material propylene is running at a high level, and the cost support is strong. Therefore, it is expected that the domestic n-butanol market will continue to rise in the future.

POLYVINYL ALCOHOL

The market price of chloroform fell sharply this week (8.3-8.7)

1、 Price trend

 

According to the monitoring of the bulk data of the business agency, affected by the downturn of downstream demand, the market of chloroform in Shandong has dropped sharply. At the beginning of the week, the average price of chloroform in Shandong was about 1900 yuan / ton, and at the end of the week, the average price of chloroform fell to 1750 yuan / ton, a decrease of 7.89% during the week and a decrease of 12.5% compared with the same period of last month.

 

Production capacity and operation of the enterprise

Jinling, Shandong: 440000 tons / year, 80%

Dongying Jinmao 120000 tons / year parking

Luxi Chemical Industry: 400000 tons / year: 50%

Jiangsu Liwen 160000 tons / year normal

Jiangxi Liwen: 120000 tons / year: 70%

This week, the spot supply of chloroform in Shandong was sufficient, and the shipment situation of enterprises was not good. The demand of downstream market was not improved for a long time, which led to the decline of chloroform. At present, the price quoted in Shandong is about 1700-1730 yuan / ton, Jiangxi Liwen is about 2300 yuan / ton, and Jiangsu is about 2650 yuan / ton.

 

PVA

In the upstream market, the methanol market is weak and downward. With the gradual recovery of market supply, the market bearish mentality is intensified, at present, it is about 1632 yuan / ton; the liquid chlorine market is gradually weakening, and enterprises are starting to improve, but the downstream market demand has not been followed up, and the price of liquid chlorine continues to decline, with the current average price of 300-600 yuan / ton.

 

On the downstream side, the downstream market of trichloromethane refrigerant entered the off-season, the demand of air-conditioning industry was weak, the market trading center shifted downward, and the transaction atmosphere was light. There are sufficient supply of goods in the market, and there are new production capacity coming into the market in the future market. The competition is fierce, and the supply side gradually forms a negative situation, and the price keeps falling. The pharmaceutical and agricultural diluents and other industries mainly purchase the hard demand, and the support for the chloroform market is flat.

 

Analysts of methane chloride data from business society believe that at present, the supply of chloroform market is sufficient, the enterprise’s warehouse pressure is increasing day by day, and the downstream market starts at a low level, and the demand for chloroform is not good, and it is expected to decline in a short time.

POLYVINYL ALCOHOL

MDI market atmosphere continues to improve

According to the price monitoring of the business agency, the market atmosphere of domestic polymerization MDI continued to improve. At the beginning of the week, the average price of domestic aggregated MDI market was 13675 yuan / ton, which was 12.32% higher than the same period of last month and 0.50% higher than that of the same period last year.

 

PVA 1799 (PVA BF17)

At the beginning of the week, it was boosted by the rising listing price at the end of the month and the good news of the supplier’s device. In addition, the foreign device was favorable, and the US dollar offer was raised. The market atmosphere was better. Traders’ quotation goes up, and the focus of negotiation on real orders gradually moves up. Downstream business actively inquired, the transaction atmosphere improved. However, due to the slow consumption of social inventory in the early stage, some downstream and middlemen have inventory of low-cost goods. Seeing that the price rise is OK, the industry actively cash in and ship goods, and the market price rising momentum is suppressed. As the weekend approaches, the supplier manufacturer has no news release for the time being, and the business people’s mentality is different in the future market. However, it is understood that the main factories will still strictly control the goods next week, and the factories in Shanghai will mostly support the market.

 

In terms of raw materials, pure benzene: during the week, pure benzene in East China fell first and then rose, and the trading atmosphere turned lighter than last week. From July 31 to August 4, due to the continuous rise of port inventory and the influence of weak crude oil, the pure benzene in East China fluctuated and softened, and the spot negotiation went down to 3400-3500 yuan / T, with low-end and high-end cash withdrawn. On the 5th, Sinopec made up 100 yuan / ton due to the high external price, which had no obvious impact on the market price. However, due to the rise in crude oil, the market center of gravity followed up slightly.

 

Aniline: aniline market rose in the South and stabilized in the North during the week. From the aspect of raw materials, Sinopec’s listing of pure benzene was increased by 100 yuan to 3450 yuan / ton, and the bidding price of Jinling pure benzene was 3220 yuan / ton, which was about 170 yuan / ton higher than last week. The cost side supported the aniline Market. It is reported that Tianji has shipping orders and there is no pressure on inventory. During the shutdown and maintenance of Huatai 100000 t / a aniline plant within the week, the new market supply decreased. However, due to the high inventory and the downstream rigid demand, the inventory decreased slowly, so the North China market kept stable operation. The aniline factory in East China, mainly shipping and contract orders, has little export pressure. Meanwhile, driven by the cost, the actual order rose by 100 yuan.

 

PVA

Downstream, spandex, the current spandex industry started around 80%, high-level operation, stable supply of goods. The cost side support is insufficient, the terminal market demand is still weak, customers purchase on demand, the actual transaction details. At present, the reference for 20d spandex mainstream negotiation in Zhejiang is 35000-36000 yuan / ton; for 30d spandex, it is 34000-35000 yuan / ton; for 40d spandex, it is 28000-28500 yuan / ton, and the actual transaction is detailed.

 

Yantai Wanhua MDI plant was shut down for maintenance; the East Cao Ruian plant has been restarted, and the supply is tight. The overall operation load of the unit is 40-50%. The downstream and some middlemen cash out and ship more goods, and the buying mood is general. Analysts of business club aggregate MDI expect that the market price of short-term aggregate MDI is stronger, and there is no decline in the short term.

POLYVINYL ALCOHOL