recently, bisphenol A, which hit record highs at the beginning of the year, began to "decline". At present, bisphenol A is quoted at 20500 yuan/ton, down 500 yuan/ton per day. Since the previous week, it has achieved 6 consecutive declines, with a cumulative reduction of 3500 yuan/ton. The bidding price of some enterprises starts at 20100 yuan/ton, and the transaction price is about 20200 yuan/ton. The atmosphere in the venue is cold and cheerless.
Some netizens said that the power outage limited production for a few months, many chemical prices straight up, and even some deviation from the fundamentals, the situation is also a hot soaring red, how the price suddenly fell? In fact, chemical prices fell is not a sudden drop, the NDRC's heavy-handed attack on coal is just a fuse.
-polymeric MDI: the domestic polymeric MDI market continues to fall, the current offer of 21575 yuan/ton, down 2000 yuan/ton from the previous week, coupled with the north into winter, some hard bubble demand reduced, end-customer buying sentiment depressed, trade link shipments weak, sporadic small orders to maintain.
PVC: PVC market continues to adjust, upstream production enterprises high-end prices continue to reduce the main, follow up the market price, Zhonggu Mining/SG-5 up to reduce 1600 yuan/ton; Wuhai Chemical/SG-8 up to 1750 yuan/ton; Dezhou Shihua/SG-7 up to 1300 yuan/ton.
Acetic acid: The acetic acid market is going down. The current price is 7475 yuan/ton, down 1450 yuan/ton from the previous week. At present, the downstream demand is weak, the market new orders are not smooth, the domestic acetic acid market inventory accumulation, enterprises in order to maintain shipments, it is expected that the future acetic acid market will continue to be weak finishing.
Epoxy Resin: Recently, the price of liquid epoxy resin is 36000 yuan/ton, which is already the 4 consecutive declines in the recent price of epoxy resin, down 1200 yuan/ton from the previous week. The downstream purchase intention is light. It is expected that the epoxy resin market will continue to decline, especially the decline of liquid epoxy resin market is difficult to change.
EVA: Local drop in domestic EVA market, with individual brands falling by 1200 yuan/ton. Market turnover shrank, the industry panic, actively let profit shipments mainly. Downstream continuation just need to purchase, trading is limited.
ethylene glycol: the national development and Reform Commission stressed the strict investigation and punishment of capital malicious speculation of thermal coal, coal prices weakened, ethylene glycol to the limit, the current price of 6635 yuan/ton, a daily drop of 700 yuan/ton.
methanol: the main thermal coal contract continued to fall, methanol cost support reduced, the current price of 3700 yuan/ton, compared with the previous week's price fell by about 500 yuan/ton. Some downstream enterprises wait and see, short-term methanol market or fall. Cyclohexanone
: The ex-factory price is 11300-11500 yuan/ton, with a daily drop of 200 yuan/ton. The cyclohexanone market in East China is weak, the offer is falling, the market is abundant, the downstream wait-and-see atmosphere is strong, and the transaction atmosphere is general.
PTA: The current price of PTA fell slightly. The average domestic spot market price was 5250 yuan/ton, down 2.45% from the previous day, down 150 yuan/ton from the previous week. The main futures 2201 closed 5440 the settlement 5410, down 90, down 1.63%.
Ethyl acetate: The price of ethyl acetate is 10187.50 yuan/ton. In terms of domestic market supply, the supply of acetic acid market has accumulated, the price has continued to decline, the downstream purchase is rational, and the short-term demand will not improve significantly. The price of Jiangsu Baichuan high-tech new materials has been lowered by 100 yuan/ton, and the current price is 10100 yuan/ton.
PE: The domestic PE market suppressed the downward trend, with some brands falling 50-450 yuan per day. Raw material costs are negative, coal is down, crude oil is weak and volatile, market confidence is frustrated, manufacturers' quotations are lowered, and spot prices are down. East China linear material 7042 yuan/ton mainstream material 9400 yuan/ton, down 300 yuan/ton; East China high pressure 2426H mainstream material 13000 yuan/ton, down 250 yuan/ton; South China low pressure wire drawing material 5000S mainstream price 9650 yuan/ton, down 100 yuan/ton.
PP: The domestic PP spot market fell sharply, with some brands falling 50-350 yuan/ton per day. Thermal coal fell, market panic increased. Petrochemical plants significantly cut factory quotations, traders followed, market prices quickly down. Look at the market, downstream cautious follow-up, trading light.
PS: Prices in the domestic PS market continued to decline, with some brands falling 30-200 yuan/ton per day. Styrene continued to decline, the market risk aversion further increased, the goods holder shipping is not smooth. The market quotation is mainly downward, the actual single negotiation, the overall transaction is not good.
ABS: The domestic ABS market fell slightly, with some brands falling 20-100 yuan per ton per day. PetroChina South China once again lowered the ex-factory price, superimposed on the plastic sector generally callback, market sentiment is short, some traders slightly let profits.
looking at the above price decline of the products is not difficult to find, the above mentioned price decline trend of rapid chemical raw materials are coal chemical industry chain or coal chemical products closely related to raw materials, and lead to the price of these raw materials plummeted, and cost side impact and demand weakness are closely related.
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