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[Industry Focus]：The supply of phenol, phenol A, polymeric MDI and other products is tight, and the prices are rising one after another.

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Chemical prices rise and fall

this week's price increase of the top important products are NPG 12%, o-nitrochlorobenzene 9%, bisphenol A 8%, dimethylcyclosiloxane (DMC) 5%, phenol 5%, tetrahydrofuran THF 5%, polymeric MDI 4%, pyrimethanil 4%, etc.

this week's price decline of the top important products are maleic anhydride-24%, ammonium sulfate-17%, vinyl acetate-16%, propylene oxide-15%, PVA-14%, soft foam polyether-11%, R134a -10%, etc.

High costs support the market, the field supply is tight, pushing up phenol prices.

this week phenol (East China) rose 5.2% to 10050 yuan/tonne. Cost side, this week raw material pure benzene (East China) rose 5.6% to 7320 yuan/ton, supporting the cost.

Cost support, spot circulation tight, bisphenol A prices rose.

this week bisphenol A (East China) rose 7.6% to 17050 yuan/tonne. On the cost side, the raw material phenol (East China) rose 5.2% to 10050 yuan/ton this week, forming a strong cost side support. On the demand side, the current range of epoxy resin and PC in the downstream fluctuates, and the raw material bisphenol A is mostly in need of purchase. On the supply side, the 150,000-ton/year bisphenol A unit of Beijing Sinopec Yanshan Petrochemical Polycarbonate Co., Ltd. was temporarily stopped for maintenance on December 28 due to failure for 2 days, and other production enterprises basically maintained normal production, more self-use or supply long about, overall view of the spot circulation tight formation of good.

downstream pre-holiday stock active, enterprise inventory low, supply shortage, supply and demand side double good support silicone DMC prices.

rose 5.3% to 25800 yuan/tonne on Tuesday. On the demand side, the downstream factory pre-holiday stocking operation is active, forming a positive; on the supply side, the current low inventory of silicone enterprises, in addition to individual device parking maintenance, the supply of goods in the field is more scarce, providing supply-side support.

Downstream just need to maintain, some device maintenance, aggregate MDI prices rise.

this week's aggregate MDI (East China) rose 4.1% to 20300 yuan/tonne. On the cost side, raw material aniline (East China) rose 1.0% to 10000 yuan/ton this week to support the cost; on the demand side, the demand for large downstream refrigerator and freezer enterprises followed up steadily, while as the Spring Festival approached, some projects in the southern region were in the end-of-year closing stage, with hard bubble demand falling and other downstream demand following up slowly; on the supply side, the MDI phase I 400,000-ton/year plant of Wanhua Chemical (Ningbo) Co., Ltd. began to stop for overhaul on November 27, with an expected overhaul for 45 days. The phase II 800,000-ton/year plant was stopped for overhaul on December 11, with an expected overhaul for 45 days. Chongqing BASF 400,000-ton/year plant was scheduled for overhaul on January 4, with an expected overhaul for 20 days, resulting in favorable supply side and normal operation of other plants.

Source: Water-based platform

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