Last week, the rapid rise in the domestic chemical market as a whole , a number of products hit the highest price during the year. Analysts believe that the strong upward since
December thanks to early favorable chemical market accumulation , as well as taking into account the tidal wave before stocking , round since the rebound began in early November will go further.
In the 68 chemical species focus on monitoring the business community , the rising number of varieties soared last week from the previous week’s 29 to 37 , accounting for 54%
rise in the number of varieties . The highest single-week gain products for n-butanol , reaching 6.25% ; acetic anhydride , acetone, ethanol and other products are hitting high
year Yindie several varieties from the previous week ‘s 25 kinds of dips to 11 species.
Social business analyst Zhang said , into December , the domestic chemical market downstream of the game intensifies, the outbreak early accumulation of positive factors ,
coupled with listed companies generally want to eventually be able to come up with a handsome annual earnings, price increases are sound come .
Since November , methanol prices rose 17.44 percent , driven by ” methanol – acetic acid -PTA” chain ferocious rally , which last week rose 3.85% acetic acid , ethyl acetate,
acetic living downstream industry chain , butyl acetate , acetic anhydride and other products to rise.
With international and domestic devices frequently shut down for maintenance , and some products to increase market supply and demand gap . It is understood that the current
domestic acetic acid plant operating mainly instability, Shanghai Wu Jing 650,000 tons / year and Yankuang Cathay Pacific Chemical 600,000 tons / year acetic acid plant
underemployment are at 6 percent, Hebei British are gasified 500,000 tons / year Parking device by accident , has started the case remains unstable. Overseas, Celanese Singapore
600000 tons / year acetic acid plant shutdown . Industry sources, the current manufacturers of basic goods in no state of mind to push up urgently .
Downstream products as acetic acid , acetic anhydride prices influenced by the price . Data show that as of last weekend , the domestic acetic anhydride prices in 5344 yuan /
ton , compared with weekly price of 5,301 yuan / ton, up 0.81 percent . It is understood that the recent market transactions acetic anhydride lively atmosphere, the downstream
market purchases positive , optimistic about the business outlook of acetic anhydride .
Zhang believes that the historical experience, there will be a wave of the end of the calendar year before stocking tide . Taking into account this factor, Dec. chemical market
segment is expected to aromatics , nitrogen plate, ” octanol – PA -DOP” driven by the industrial chain , chain plates saline continued to rebound .