Price trend:
| EDTA |
According to the data from the bulk list of business associations, in late July, the domestic ABS market declined in a narrow range, and some spot prices in the market decreased. As of July 28, the mainstream offer price of general-purpose ABS was about 12900.00 yuan / ton, a decrease of 2.64% compared with the average price level at the beginning of the month.
Factor analysis:
In terms of styrene upstream of ABS, according to the monitoring of bulk data of business agency, the average offer of sample enterprises on Friday, July 28 was 5316.67 yuan / ton, a decrease of 1.54% compared with the average price level at the beginning of the month. According to reports, the current styrene inventory is still at a high level, and the short-term oversupply situation has not changed. In addition, the domestic styrene production line restarted more this month, and the risk of accumulation of stocks on the site affected the mentality of merchants. Downstream factories are still not enthusiastic about taking delivery of goods, and high price materials are under great pressure. It is expected that styrene will be mainly processed by shock. The market demand should pay close attention to the trend of crude oil price.
ABS upstream acrylonitrile, the recent domestic market continues to be weak, the market atmosphere is low. At the beginning of the month, it was reported that the operating rate of production enterprises was further improved, and the supply pressure in the market was further increased. At present, the acrylonitrile production plant reduces the load in order to divert the contradiction between supply and demand. Downstream just need to buy mainly, stock operation carefully. There is resistance in the shipment of merchants, and the actual transaction is less. It is expected that the acrylonitrile market will be weak.
According to the monitoring price of business agency, as of July 28, the average price of domestic butadiene market was about 4234.44 yuan / ton, which was 22.90% higher than the average price level at the beginning of the month. Recently, there is a certain demand for butadiene downstream, and the northern market is rising. Merchants in East China are generally reluctant to sell at low prices, and the offer rises. Short term supply side and external disk news support, high price goods flooded the market, but the future stock supply is expected to increase, downstream stock preparation is more cautious, and the transaction is general. At present, it is difficult to find low-cost goods in the market, and the market offer may remain relatively strong due to the supplier LED market. It is expected that butadiene will rise in price in the near future
| EDTA 2Na |
In recent years, ABS domestic market has been stable and falling. Although there is a rigid demand for support in the downstream in the first half of the month, the domestic ABS petrochemical plant is operating at almost full capacity. Although the existing inventory is at a low level, the on-site spot circulation began to increase. In addition, near the end of the month, businesses actively let profits and orders to complete the task, and the downstream factory stock operation turned to be cautious, and the demand was flat, resulting in a narrow range of decline in many brands.
Future forecast:
Business agency analysts believe that: in late July, the ABS market has fallen steadily, and the prices of various brands have been reduced in a narrow range. Cost side of the upstream three material recent trend is not the same, the cost side support is general. At present, ABS spot supply began to increase, downstream of high price ABS goods attitude is cautious, take goods just need to go single. At present, businesses are actively reducing the price to complete the task, and there is room for profit. It is expected that the domestic ABS price will continue to narrow down in the near future.
| Melamine |