Rational callback chemical market temporarily shut down some products
As organic plate led, no longer last week (August 12-16) chemical market temporarily out of fire, the partial products to callback.Analysts believe that the organic plate cost benefit has been exhausted, a new positive stimulus, or from domestic procurement and exports will be coming in the mid to late September, but if weak demand, the market is not optimistic.
According to the price monitoring business club, last week's 68 prices month-on-month rise in the price list of goods, a total of 19 kinds, gains in the first three glycol, phenol, hydrochloric acid respectively.Nearly a month since the organic products led board surface is broken, the rise of 19 products, organic, inorganic products distribution is balanced, and to rise from the previous week generally narrowed, organic products in part due to previous rally too hard, to the callback.
With nearly a month to raise prices for the domestic and overseas refiners, the partial products are close to a breakthrough in the downstream customer price bottom line, the cost of reason is no longer sufficient.Business club in the chemical industry analyst zhang Ming thinks, styrene and n-butyl alcohol last week, octanol, propylene and other organic chemical products prices, weights means good consumed organic plate cost.
It is understood that the current rose varieties most affected by the inner and outer plate gap in the balance.In addition, some products are subject to the industry factory with pretty price behavior, and the real as demand pull litre of varieties.
Different requirements of various industrial strength.Hydrogen peroxide in a large number of purchase under the pull of printing and dyeing industry, the market supply of goods in short supply, prices continue upward trend since the beginning of June;And companies such as automotive, air conditioning and refrigeration for refrigerant in the second quarter has a large number of purchasing the goods, the recent sustained high temperature is not digested upfront inventory, so the refrigerant prices are still falling in.
Zhang Ming said that from the perspective of the periodic law of petrochemical market, in the chemical industry market the overall upward trend will not change, but in the great cycle must be multiple small oscillation cycle exists within.International crude oil for two months between $103 and $109, based the cost of raw material for organic chemical support long have been consumed within a month.In late August chemical sector is expected to mainly disadvantaged consolidation trend upward, a new positive stimulus, or from domestic procurement and exports will be coming in mid to late September.
Be worth what carry is, as with terminal is relatively close to the product of petrochemical industry chain, styrene-butadiene rubber prices plunged 3.89% last week.Commodity business clubs, director of the center for Liu Xintian thinks, current terminal demand has not yet with rally, if demand can not recover in time, this round of commodity market will eventually rise or in advance.