August 7 domestic acetic anhydride market

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According to the data monitoring of the business community, on August 7, the average price of acetic anhydride enterprises was 7106.25 yuan/ton, which was stable compared with the previous trading day, up 45.66% year-on-year.

The commodity index of acetic anhydride on August 6 was 140.84, an increase of 0.13 points from yesterday, which was 15.02% lower than the highest point of 165.73 points (2018-06-19) in the cycle, which was higher than the lowest point of 82.58 points on September 20, 2016. 70.55%. (Note: Period refers to 2013-02-01 to date).

On August 7, the domestic acetic acid anhydride factory price was temporarily stabilized, and the market transaction price was stable. In most areas, the factory price is 6500-7000 yuan / ton, the actual transaction price is temporarily stable, the actual transaction price is about 6400-6800 yuan / ton, the market price is the reference price, the actual transaction price is subject to actual negotiation.

Recently, the price of raw material acetic acid has risen sharply, the price of raw material methanol has fluctuated, and the cost of acetic anhydride manufacturers has increased, which is good for the price increase of acetic anhydride. Recently, the maintenance plan of acetic anhydride factory has increased, the operating rate of equipment is not high, and the reduction of equipment operating rate is a positive effect of the price increase of acetic anhydride. Although acetic anhydride is still in the off-season at this stage, the demand for acetic anhydride is negative, and the turnover of acetic anhydride is less, but the sharp rise in raw material prices and the decline in operating rates provide fundamental support for the recovery of acetic anhydride prices, although the market is high-priced vinegar. The anhydride is more resistant, but the price increase of acetic anhydride may increase. It is expected that the price of acetic anhydride will rebound slightly.

POLYVINYL ALCOHOL

Overview of the price fluctuations of fluorine chemical products on August 6

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On August 6, 2018, there were one type of commodities that rose in the price of fluorine chemicals, and two kinds of commodities that fell, and two kinds of commodities that went up and down to zero. The main commodities that rose were: chloroform (1.24%); the main commodities that fell were: hydrofluoric acid (-0.61%) and fluorite (-0.19%).

On the 6th, the market trend of fluorine chemical raw materials declined slightly. The price of raw fluorite was 2670 yuan/ton, the mainstream of northern fluorite market was 2600-2700 yuan/ton, and the price of southern fluorite market was 2600-2800 yuan/ton. The fluorite installation of the parking was not broken, the phoenix installation started to rise, the spot supply was relieved, and the fluorite price declined slightly, but the decline was limited. In addition, the price of hydrofluoric acid market has declined in the near-term downstream refrigerant industry. The market price of hydrofluoric acid market is 10,950 yuan/ton as of the 6th. The market for hydrofluoric acid has a downward trend. It is expected that the fluorine chemical industry will be slightly later. Go lower.

POLYVINYL ALCOHOL

LME August 3 Metal Review

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London, August 3 news, the London Metal Exchange (LME) copper five-year rise, as the dollar fell after the weaker-than-expected employment data released, but the trade tension between the United States and China dragged down the copper week this week.

At 3:00 pm on August 3, London time (00:00 on August 4, Beijing time), the index three-month copper closed up 1.1%, at $6,206 per ton, at an intraday low of $6,074.50, and hit two weeks on Thursday. The low is $6,066.

PVA

In July, the number of new jobs in the United States was less than expected. It may be that it is difficult for companies to find qualified workers, and the unemployment rate is falling, pointing to the tightening of the employment market.

According to data released by the US Department of Labor on Friday, the number of non-agricultural employment in the United States increased by 157,000 in July. The market had previously expected to be 190,000. In June, it was revised to an increase of 248,000. The initial value increased by 213,000. .

The US unemployment rate was 3.9% in July, the market is expected to be 3.9%, and June is 4%.
However, metal prices have been limited, after the Chinese Ministry of Commerce said that the proposal to impose import tariffs on US$60 billion worth of US goods is rational and modest, warning the United States that if the trade war escalates, China reserves the right to take further countermeasures.

The Chinese Ministry of Finance said on Friday that the State Council Customs Tariff Commission decided to impose tariffs of 25%, 20%, 10%, and 5% on 5,207 tax items originating in the United States. If the US is willing to go its own way and implement its tariff increase measures, China will implement the above-mentioned tariff increase measures.

On July 11, 18, the US government issued measures to impose tariffs on goods imported from China of about 200 billion US dollars, and solicited public opinions on the measures. On August 2, the US announced that it would increase the tariff rate imposed on the above-mentioned 200 billion US dollars of goods from 10% to 25%. The US measures have deviated from the consensus of the two sides, leading to an escalation of trade friction between China and the United States, serious violations of relevant rules of the World Trade Organization, and damage to our national interests and people’s interests.

“Trade disputes have dragged down metal prices, and as long as the dispute continues, I don’t expect a sustained upward trend,” said Daniel Brieseman, an analyst at German Commercial Bank.

He added that commodity prices are supported by a fall in the dollar.

The dollar weakened, boosting the price of dollar-denominated assets such as copper.

LME copper stocks fell by 825 tons to 256,625 tons, which has been reduced by 35% since the end of March, the lowest since January 22.

The People’s Bank of China said on Friday that in order to prevent macro financial risks and promote the stable operation of financial institutions, the central bank decided to adjust the foreign exchange risk reserve ratio of forward sales from 0 to 20%; this is not a capital regulation, nor an administrative Measures, but part of the macroprudential policy framework.

Three-month aluminum closed down 0.3% at $2,028 a tonne.

The three-month lead was flat at $2,115 per tonne.

Three-month tin fell 0.03% to $19,600 per tonne.

Three-month zinc closed up 2.7% to $2,631 a tonne.

Three-month nickel closed up 1.7% at $13,550 a tonne.

POLYVINYL ALCOHOL

Low stocks, styrene prices rose on August 2

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First, the price trend

http://www.ammonium-persulfate.com

The price of styrene rose on August 2. According to the data of the business community, the average price of the sample enterprises on August 2 was 11,945.83 yuan / ton, and the average price of the sample enterprises on August 1 was 11,675 yuan / ton, an increase of 2.32%, and the price rose by 25.9% compared with the same period of last year.

Second, market analysis

Product: Styrene prices rose on August 2. PetroChina Northeast and Tianjin Daxie offer 12,000 yuan / ton, up 250 yuan / ton from the previous trading day, Sinopec Beijing Yanshan Chemical offer 11900 yuan / ton, Qilu, Qingdao refinery and chemical quotation 12,000 yuan / ton, up from the previous trading day 250 yuan / ton, Shandong Yuhuang offer 12,000 yuan / ton, up 250 yuan / ton compared with the previous trading day. Daqing Petrochemical’s 225,000 tons/year styrene plant was parked on July 23 and is expected to restart in September. The import of styrene to the port is limited, the inventory is reduced, and the price of styrene continues to rise.

Industry chain: The price of pure benzene in the upstream is high and the cost of styrene is supported. The downstream PS and EPS were affected by the environmental protection supervision, which affected the procurement positively, and the price increased. The styrene business mentality was good, the market turnover was higher, and the corporate price rose.

Third, the market outlook

Affected by the source of imports, the inventory level is low, so business analysts believe that: styrene prices are mainly based on rising. The market should pay more attention to the guidance of the market and the trend of the bulk futures.

POLYVINYL ALCOHOL