Chemicals market: four rose against the trend, four rose and fell

After the golden nine and silver tenth, the demand for four products in the chemical market declined but rose against the trend, while the other four experienced a roller coaster-like rise and fall.

Four products whose demand has declined but bucked the trend

Polyether

Affected by the upward price of propylene oxide, polyether continued to rise broadly this week, and the market supply was tight. Manufacturers increased their offer prices to boost market confidence in the follow-up. The price of simply TDI needs to continue to pay attention to the situation and supply and demand dynamics of cyclopropyl.

The price of soft foam polyether in East China market was 18500-19000 CNY/ton on the 13th, up 700 yuan from the 12th and 3,000 yuan this week.

The price of hard foam 4110 on the East China market was 13800-14400 CNY/ton on the 13th, up 400 yuan from the 12th.

Propylene oxide

Propylene oxide has continued to rise recently. Due to the sharp rise of Cyclo C some time ago and then the fall, the downstream buying mentality on bargain-hunting increased, and demand surged. The current market supply is tight, and downstream orders are better, giving the market confidence support.

On the 13th, the East China market price was 16100-16300 CNY/ton, up 500 CNY/ton from the 12th.

BDO

On the 13th, BDO continued to perform strongly, manufacturers were strong, and the spot market was tight. Intermediaries cover the high reports of goods, and the downstream just needs to purchase mainly. Follow-up needs to pay attention to changes in market mentality.

The market price in East China was 1,2000-12,500 yuan on the 13th, unchanged from the 12th, but an increase of 500 CNY/ton from last week.

AA

Recently, adipic acid has been adjusted at a high level, and the price of pure benzene has been raised to give adipic acid a certain price support. At present, the market offers are on the high side, and the manufacturers are quite strong. The downstream wait-and-see mainly, the market mentality is tangled, and the transaction is average. Follow-up needs to pay attention to raw material prices and manufacturer policies.

On the 13th, the market price in East China was 7900-8200 CNY/ton, the same as on the 12th, and increased by 1600 yuan from the end of the previous month.

Four products that rise and fall like a roller coaster

TDI

After the TDI market price plummeted by RMB 1,600/ton last week, the price continued to decrease this week, and the market mentality was pessimistic. Downstream enters the market cautiously and mainly wait-and-see, and market prices are more chaotic. At present, various manufacturers have begun to overhaul, and the market inventory is not sufficient, but some of the raw materials still existed in the downstream when the price was increased, and the current consumption of inventory is the main reason. Although traders are waiting for the opportunity to buy the bottom, they have little willingness to buy as the market's center of gravity continues to decrease. Follow-up needs to pay attention to the manufacturer's policies and changes in the mentality of all parties.

On the 12th, the TDI East China market price was 12500-13300 CNY/ton, which was the same as on the 11th, and was lowered by 3000 CNY/ton from the end of October.

Pure MDI

Pure MDI surged back in late October and fell behind, entering a downward consolidation trend. Prices continued to be sorted this week, and the supply of goods in the market was tight. Traders began to try to sell at a profit, and the downstream high prices conflicted. In fact, since the market price of pure MDI reached 30,000, the downstream has always been resistant to the price. On the one hand, the buying enthusiasm is not high, and on the other hand, the price may fluctuate sharply. The market quotations are also chaotic, although the average price is constantly adjusted, and high prices are more difficult to trade. Although manufacturers have made some corrections, the current price is also at a high level in the past three years-a high level barely supported by the downstream. Follow-up needs to continue to pay attention to the supply and demand situation and changes in market mentality.

On the 12th, the market price in East China was 29,000 to 30,000 yuan, down 1,000 CNY/ton from the 11th.

Aggregate MDI

Aggregate MDI is weak, although the market supply is tight, the market is more bearish. Currently, deals are mainly at low prices. Follow-up needs to continue to pay attention to changes in factory policies and market mentality.

On the 12th, the East China market price was 21500-23000 yuan, the same as on the 11th.

DMF

Following the DMF surging back at the end of last month, the DMF market is currently stabilizing. Manufacturers' quotations are stable, and the market attitude is cautious. Follow-up needs to continue to pay attention to the dynamics of supply and demand.

On the 12th, the DMF market price in East China was 9050-9250 CNY/ton, down 50 yuan from the 11th.