July overhaul plan, PC prices may be affected, today's PC market is weak

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July overhaul plan

In July, a number of phenolic ketone, styrene, and ABS devices have maintenance plans in the third quarter. Some raw materials may be tightened again, and the prices of bisphenol A, PC, and ABS may be affected.

▶ Phenolic ketone device:

The phenol and ketone plants of Xisar Chemical and Jilin Petrochemical are scheduled to be shut down for maintenance around July, and the supply side has a certain amount of shrinkage.

Taiwan's Xinchang phenol ketone plant is scheduled to be shut down for maintenance from June to July, and it will be available for sale at the end of July.

South Korea's Kumho Phenol and Ketone Plant No. 2 and No. 4 will be overhauled in turn. It is planned to shut down for maintenance from August 21 to September 11.

South Korea's LG 480,000 tons/year phenol ketone plant in Dashan is scheduled to shut down for maintenance from October to November.

Thailand’s PTT Phase II phenolic ketone plant is scheduled to start overhaul in September and is expected to last about one month. By then, the supply of goods from South Korea and Thailand will decrease in the third quarter, and the quantity arriving in China may be expected to decline.

▶ Styrene device:

Shandong Yuhuang's 250,000 tons/year styrene plant plans to shut down before June 27 for 25 days of maintenance;

A large-scale styrene plant in South China was unexpectedly shut down on June 21, and the plant was overhauled unscheduled, which caused an impact on the short-term supply of styrene;

The 450,000-ton/year styrene/PO co-production unit of Sinochem Quanzhou is currently under normal load. Due to the shutdown of the reforming unit, the subsequent styrene unit is expected to reduce the load;

Saudi Petrochemical Sadaf's two 60+550,000 tons/year styrene plants are scheduled to be shut down for repairs in July, and the maintenance time is 2 months respectively;

Changzhou Donghao’s 200,000-ton/year styrene plant was gradually restarted last week, and the current load has returned to 80% operation.

▶ ABS device:

Jilin Petrochemical's 580,000-ton ABS plant began to be shut down for maintenance on June 8, and the maintenance period was about 37 days.

On June 19, part of the production line of Ningbo Taihua’s 500,000-ton ABS plant was overhauled. The overhaul lasted about two weeks, and the estimated loss was about 3,000 tons.

Shandong Haijiang’s 200,000-ton ABS plant was shut down due to failure on June 21, and it is estimated to be overhauled for 15-20 days; on June 23, another production line was shut down for about two days, and the other two lines were in normal production.

Daqing Petrochemical's 105,000-ton ABS plant is reported to be cleaned for about 10 days in mid-to-late July.

It is reported that the 150,000-ton ABS plant of Panjin Ethylene plans to shut down for 30-40 days in late July.

The ABS plant of Liaotong Chemical started its overhaul on July 15th. The overhaul lasted 35 days and was completely shut down.

▶ Polypropylene device:

Ningbo Formosa Plastics PP plant 170,000 tons/year first line, 280,000 tons/year second line, shut down for maintenance from June 15th to July 20th;

The 320,000-ton PP plant of Jiutai Group plans to shut down on July 15 and is expected to start operation on August 14.

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Market overview

The domestic PC market is mainly operating under weak conditions.

Influencing factors

Market offers in various regions have still fallen. Merchants said that demand is still weak, and there is a shortage of scattered grades. Futures are quoted in the market. Negotiations are relatively light. Merchants have a wait-and-see attitude. Yesterday, the manufacturers made it clear that the scope of the offer is still relatively small, and the market continues to pay attention to the manufacturer's guidance trend. At present, the domestic industry is operating in a stable state. Pay attention to the latest progress of Cangzhou Dahua and Zhonglan Guosu next week.

Market outlook forecast

At present, it is hard to find good PC market, and the mentality is weak and wait and see. It is expected that the market weakness will continue, and pay attention to the changing trend of demand and purchase mentality.