The trend of chemical products in East China Market during the current period (Sept. 15-28) is as follows:
The volume of polyester chips has been magnified and the price trend has been firm. Semi-extinction polyester chip market reference price (self-delivery) in 9600 ~ 9800 yuan (ton price, the same below), compared with September 14 rose 300 yuan. The main characteristics of the current market: First, the price of polyester chips is stable, better than expected, once again hit a new high; Second, despite the Mid-Autumn Festival small holiday, but in the intervention of some market participants, the market has increased the amount of price increases Third, the rapid rise in ethylene prices, to a certain extent, support the price of polyester chips.
The volume of ethylene glycol was enlarged and the price rose slightly. The market reference price is between 6500 and 6700 yuan, up 100 yuan from September 14. The main characteristics of the current market: First, the ethylene glycol market volume amplification, the market is in a trend of increasing prices; Second, the recent sharp increase in polyester chips, ethylene prices, to a certain extent, supporting the ethylene glycol Higher; Third, Southeast Asia, ethylene glycol prices slightly finishing, September 27 Southeast Asia price of 810 US dollars, and basically the same as on September 14.
Ethylene oxide turnover has been enlarged and prices continue to rise. The market reference price is between 12200 and 12400 yuan, which is an increase of 400 yuan from the previous period. The main features of the current market: First, under the support of rising prices of alcohols such as diethylene glycol, the market price of ethylene oxide is firm, setting a new high in the near future. Second, ethylene prices have risen rapidly and production costs have increased significantly. Under the circumstances, manufacturers have a strong desire to continue to drive up prices. Third, there is a shortage of ethylene oxide market resources and phased demand increases. The market is in a trend of volume and price.
Volume of PVA has been enlarged and prices have risen sharply. The reference price for PVA 1799 brand is 13300 to 13500 yuan, which is 700 yuan higher than September 14. The main characteristics of the current market: First, the market volume of polyvinyl alcohol continues to increase. In the case of some market participants optimistic about the market outlook, prices have risen sharply; second, ethylene prices have risen sharply, and polyvinyl alcohol producers continue to raise prices, forming a The price of polyvinyl alcohol continued to set a new high. Third, the steady increase in the price of vinyl acetate also stimulated the further rise in the price of polyvinyl alcohol.
The volume of acetonitrile was enlarged and the price rose slightly. The market reference price was between 10,800 and 11,200 yuan, up 200 yuan from the previous period. The main characteristics of the current market: First, acetonitrile market prices rose sharply in the previous period, the recent gains significantly decreased; Second, acetonitrile prices rose sharply after the early part of the suspension of production equipment to drive one after another, resulting in increased supply, to a certain extent The space for price increases; Third, the competition in the acetonitrile market has increased over the previous period. The downstream producers are more cautious and their willingness to chase is not strong.
The volume of terephthalic acid has been enlarged and prices continue to rise slightly. The market reference price was between 7700 and 7800 yuan, up 200 yuan from September 14. The main characteristics of the current market: First, the market volume of terephthalic acid has been enlarged, the price continues to operate in the rising channel; Second, Sinopec's contract settlement price rises, which plays a role in supporting the current rise in market prices; The price of terephthalic acid in Southeast Asia rebounded slightly. The price on September 26 was US$904, which was US$2 higher than September 14.
The volume of acrylonitrile has shrunk, and the price has been narrowed. The market reference price is between 17500 and 17600 yuan, which is basically the same as the previous period. The main features of this period of the market: First, the acrylonitrile market fell after the previous period, the volume shrank, the price has stabilized the situation stabilized; Second, acrylonitrile buying is insufficient, but ethylene prices rose, the price of acrylonitrile to form a certain Support; Third, Southeast Asia, acrylonitrile prices fell slightly, the price on September 26 at 2020 US dollars, compared with September 14 fell 51 US dollars.
Butadiene volume was enlarged and prices rose sharply. The market reference price is between 14500 and 14550 yuan, which is an increase of 1,000 yuan from September 14. The main characteristics of the current market: First, the butadiene market experienced slight fluctuations in the previous period. In the event that producers and circulation companies jointly raised prices, prices rose rapidly; second, the price of butadiene was undervalued by the market in the previous period, and was in value. There was a demand for a return; third, the price of butadiene in Southeast Asia rebounded slightly. The price on September 26 was US$1717, which was an increase of US$15 from September 14.
Isoprene volume has shrunk and prices have been arbitrarily trimmed. Isoprene (polymeric grade) market reference price is between 16,000 and 16,100 yuan, which is the same as September 14. The main characteristics of the current market: First, the isoprene market experienced a slight drop in the previous period. With the intervention of a small amount of buying, the price dropped slightly. Second, the isoprene market was fiercely competitive and could not stimulate the price rebound; Insufficient buying of diene, exports blocked, and social inventory increased significantly from the previous period.
The volume of linalool has shrunk and prices have fluctuate slightly. The market reference price is between 60000 and 60200 yuan, which is basically the same as September 14. The main characteristics of the current market: First, the market trend of linalool is relatively stable, and the buyers and sellers reached a temporary balance at the current price; Second, the market for downstream products of the linalool market entered the peak season of demand, supporting the current situation to some extent. The third is that under the support of rising prices of ethylene and carbon, the price of linalool does not fall.