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[Industry Focus]：28 tweets from the National Development and Reform Commission, "stop" coal is crazy, and the prices of more than a dozen chemical products are straight down.

Read： 466 Time：37months ago Source：Tencent, industrial internet vision, First Finance and Economics

Since August, thermal coal has continued to rise. Gansu coal prices have doubled year-on-year, and coal prices in Bayannaoer City, Inner Mongolia have reached three times the price of the same period last year.

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late August, the price of thermal coal futures continued to soar, rising from less than 800 yuan/ton to 1982 yuan/ton. The price of local heating coal also soared from an average of 1000 yuan/ton to 2400 yuan/ton.

rise as crazy, fall as tragic. Recently, under the National Development and Reform Commission issued 28 consecutive "bombing" price increases, the coal chemical industry finally lost, and prices began to fall sharply.

Since October 19, the National Development and Reform Commission has posted 28 articles directly related to coal, with an average of 3 articles per day.

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on the morning of October 27,

, the Price Department of the National Development and Reform Commission convened a meeting of the China Coal Industry Association and some key coal companies to study specific measures to intervene in coal prices.

, with the joint efforts of many parties, thermal coal dropped from the highest price of 1982 yuan/ton on October 19 to the current 1051.8 yuan/ton, a drop of as much as 47%, almost "halved".

With the collapse of thermal coal, coal chemical product prices have fallen sharply.

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the intensity of

this time can be described as unprecedented. Using all methods to ensure coal supply and power supply has also become an important reason for detonating the green of many raw materials in the coal chemical industry. The sharp drop in thermal coal and coal-based chemicals has dragged down the entire energy and even commodity sector. The spot market also seems to have been inspired. The prices of more than a dozen chemicals such as PVC, methanol, styrene, isobutyraldehyde, n-butanol and neopentyl glycol have dropped in a straight line. Many manufacturers have also started a price drop mode, with a one-day drop of up to 1300 yuan/ton, which is surprising.

PVC: futures 5 times down, spot panic selling!

pvc futures recently 5 times down limit, futures prices continue to weaken, the end of the limit is a great negative spot market, futures and current two weak spot market quotes confusion.

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spot prices in some parts of the

fell below the five-digit mark and returned to the initial offer of 9. Upstream PVC factories also increased the downward adjustment range, factory prices repeatedly lowered today's decline of 500-600 yuan/ton, and the current consumer region traders quoted upside-down factory prices within the 300-500 range. Under the pressure of the continuous decline in futures prices, traders sell goods seriously.

Methanol: Price Drops Over 1000 Yuan/Ton

Driven by the sharp drop in raw

coal, in the past half month, methanol futures prices have fallen by more than 1300 yuan/ton, and spot market prices have also fallen sharply.

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Ethylene glycol: market sentiment is pessimistic

Thermal coal futures once again fell to the limit, the market is pessimistic, affecting the spot price of ethylene glycol lower, the current supply and demand performance is stable, superimposed on the high price of crude oil, in view of this, the ethylene glycol market is expected to be weak operation.

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Bisphenol A quoted 21750 yuan/ton, with a daily drop of 883 yuan/ton.

Isobutyraldehyde is quoted at 16400 yuan/ton, with a daily drop of 700 yuan/ton.

Aggregate quotation 21575 yuan/ton, daily drop 675 yuan/ton.

East China's liquid epoxy resin offer is 36000-36500 yuan/ton barrel, with a daily drop of 500 yuan/ton.

Methanol quoted 3523.33 yuan/ton, with a daily drop of 400 yuan/ton.

Jiangsu Baichuan Chemical Butyl Acetate Quotation Price 13200 yuan/ton, daily drop 300 yuan/ton.

Propylene is quoted at 9400 yuan/ton, with a daily drop of 250 yuan/ton.

Styrene is quoted at 9575 yuan/ton, with a daily drop of 200 yuan/ton

N-butanol is quoted at 10600 yuan/ton and a daily drop of 200 yuan/ton.

Neopentyl glycol is quoted at 19300 yuan/ton, down 200 yuan/ton.

South China's acetic acid factory reported 7800-7900 yuan/ton, a daily drop of 200 yuan/ton.

, from the current country's frequent action to curb the unreasonable price increase of bulk commodities and a series of actions, it is expected that the next six months of chemical raw materials overall surge in the hope of little, most products will gradually return to a reasonable range.

Source: Guangzhou Chemical Trading Center

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