The prices of epoxy and cyclochloride chemical raw materials are collectively reduced!

Recently, the National Development and Reform Commission stated that with the growth of hydropower and solar power generation in the summer, and the increase in coal production and imports, the contradiction between coal supply and demand will tend to ease, coal production and supply are generally stable, supply and demand are basically balanced, and there is no significant price increase. Basically, after July, coal prices will enter a downward channel, and prices will drop significantly.

Many people vividly remember the "coal crazy" in May this year. In just two or three months, the price of coal has doubled. After the May Day holiday, the price of coal in Yulin has exceeded the 1,000 yuan per ton mark! This is the highest coal price in Yulin for more than a decade, and it is also the only time in the history of coal economy that coal in a major coal-producing town has exceeded 1,000. The announcement of the National Development and Reform Commission this time is tantamount to a prolonged drought and catching the rain for downstream industries such as power plants, and it has brought heavy positive news.

The prices of various chemicals such as yellow phosphorus and epoxy have fallen, with a maximum reduction of over RMB 5,000/ton

The National Standing Committee repeatedly named "bulk commodities". At the same time, relevant departments jointly interviewed key industry enterprises and associations to investigate and verify clues related to suspected market manipulation and price drive up issues, and urge relevant market entities to operate in compliance with laws and regulations. So have the pragmatic policies deployed by the National Standing Committee achieved significant results, and have domestic commodity prices begun to fall and stabilize?

On the 26th, yellow phosphorus was quoted at RMB 19,250/ton, a decrease of RMB 5,750/ton from the beginning of the month, a decrease of 23%.

On the 26th, acetone was quoted at 5012.50 CNY/ton, down by 762.5 CNY/ton from the beginning of the month, a decrease of 13.20%.

On the 26th, maleic anhydride was quoted at RMB 9,550/ton, down RMB 1,450/ton from the beginning of the month, a decrease of 13.18%.

On the 26th, butanediol was quoted at RMB 17,485/ton, a decrease of RMB 2,340/ton from the beginning of the month, a decrease of 11.80%.

On the 26th, liquid epoxy resin was quoted at RMB 27,166.67/ton, a decrease of RMB 3,500/ton from the beginning of the month, a decrease of 11.41%.

On the 26th, ethylene was quoted at 6649.43 CNY/ton, a decrease of 805.2 CNY/ton from the beginning of the month, a decrease of 10.79%.

On the 26th, ethylene oxide was quoted at RMB 6,900/ton, a decrease of RMB 800/ton from the beginning of the month, a decrease of 10.39%.

On the 26th, butanone was quoted at 7933.33 CNY/ton, a decrease of 866.67 CNY/ton from the beginning of the month, a decrease of 9.85%.

On the 26th, the price of n-propanol was 8066.67 CNY/ton, down 466.66 CNY/ton from the beginning of the month, a decrease of 5.47%.

On the 26th, cyclohexanone was quoted at RMB 10,180/ton, a decrease of RMB 460/ton from the beginning of the month, a drop of 4.32%.

On the 26th, the price of phthalic anhydride was 6237.5 CNY/ton, down by 262.5 CNY/ton from the beginning of the month, a decrease of 4.04%.

On the 26th, the price of calcium carbide PVC price fell below the 9,000 CNY/ton mark, and the daily decline of enterprises was concentrated in the range of 50-200 CNY/ton. The market center of gravity shifted downward, down by 200-350 CNY/ton from the beginning of the month, a decrease of 3.74%.

On the 26th, epichlorohydrin was quoted at RMB 12,933.33/ton, down RMB 433.34/ton from the beginning of the month, or 3.24%.

On the 26th, TGIC quoted 64 yuan/kg, down 2 yuan/kg from the beginning of the month, a drop of 3.03%. And some companies offer Aike products at 59 yuan/kg, and Hongsheng products at 58 yuan/kg.

On the 26th, bisphenol A was quoted at RMB 20,533.33/ton, down by RMB 266.67/ton from the beginning of the month, or 1.28%. After the holiday, bisphenol A changed its previous trend and entered a downward pattern. It fell by 7.87% for two consecutive weeks, and fell by nearly 2,000 CNY/ton in the eight working days after the holiday.

As of June this year, the State Council’s executive meeting had been held 20 times, among which commodities "appeared" 4 times. This time the National Development and Reform Commission’s voice of "shut down" gave downstream users in many industries a "reassurance", and at the same time it also conveyed a signal that the prices of some commodities may fall in the near future. Talking about the truth behind the falling prices of chemicals, we must first understand that the prices of bulk commodities are mainly determined by the three attributes of supply, demand, and finance. In the current severe environment of the epidemic, the impact of supply and demand on prices has gradually Weaken.

Since the beginning of the year, a variety of chemical products have gained momentum. They are mainly divided into three types. High-end products are irreplaceable, oligopoly companies have strong market bargaining power, and follow-up companies have been forced to the forefront by price increases. At present, most of the prices of the first two types of products remain high, and there is no obvious downward trend. Inquiring into the types of chemicals whose prices have fallen recently, we can see that these chemicals are not among the high-end chemical products that are irreplaceable such as high-end titanium dioxide, adiponitrile, hexamethylene diamine, and organic silicon, and are mostly dependent on imported high-end chemicals; also It does not belong to the oligopoly structure of MDI, TDI, PTA, etc. Previously, the price increase of this part of products was mostly due to the higher prices of industrial chain and derivative industrial chain products, creating a panic buying atmosphere, and the price was pushed up due to the bubble.

At present, a combination of multiple ministries and commissions has urged prices to "extinguish", and some oligopoly companies have begun to "voice" to lower product prices, and the overall market has shown a downward trend. The high-priced "bubble" of this part of products has gradually "burst" and prices are showing The trend of high platform diving, and it can be inferred that this part of the falling prices of chemicals are basically the third category of "follow the trend" team, and the price is more affected by industry trends than by supply and demand.