A variety of chemical raw materials such as ethylene glycol, methanol, and resin 'dive'!

Recently, bisphenol A, which has repeatedly set new highs at the beginning of the year, has begun to "go downhill". The current price of bisphenol A is 20,500 CNY/ton, down 500 CNY/ton daily. Since the previous week, it has achieved 6 consecutive declines, with a cumulative decrease of 3,500 CNY/ton. Some companies started bidding at RMB 20,100/ton, and the transaction price was around RMB 20,200/ton. The atmosphere in the venue was deserted.

Some netizens said that after a few months of power outages and production restrictions, the prices of many chemical products have risen linearly, and even some have deviated from the fundamentals. The situation is also very hot. Why have prices suddenly fallen? In fact, the decline in chemical product prices did not happen suddenly, and the NDRC's heavy attack on coal was only a fuse to make chemical product prices fall.

Aggregate MDI:

The domestic aggregate MDI market continues to decline. The current price is 21,575 CNY/ton, down by 2,000 CNY/ton from the previous week. In addition, the winter in the north has led to a decrease in demand for some hard foams, sluggish buying sentiment from end customers, weak shipments in the trade link, and sporadic shipments. Single maintenance.

PVC:

The PVC market continues to adjust, and the high-end prices of upstream manufacturers continue to be lowered. To follow up with market prices, Zhonggu Mining/SG-5 is reduced by a maximum of 1,600 CNY/ton; Wuhai Chemical/SG-8 is reduced by a maximum of 1,750 CNY/ton; Dezhou Shihua /SG-7 is reduced by up to 1300 CNY/ton.

Acetic acid:

The acetic acid market is finishing downward, and the current price is 7475 CNY/ton, down 1450 CNY/ton from the previous week. At present, downstream demand is weak, new orders in the market are not smoothly traded, and domestic acetic acid market inventories have accumulated. In order to maintain shipments, companies are expected to continue to weaken the acetic acid market in the future.

Epoxy:

Recently, liquid epoxy resin is quoted at 36,000 CNY/ton, which is the fourth consecutive decline in the recent epoxy resin quotation. The price has dropped by 1,200 CNY/ton from the previous week. The downstream purchase intention is weak. It is expected that the epoxy resin market will continue to decline, especially The liquid epoxy market is difficult to change.

EVA:

The domestic EVA market fell sharply in some parts, with individual brands falling as much as 1,200 CNY/ton. The market volume has shrunk, and the industry is panicking, and is actively selling profit. The downstream continues to just need to purchase, and trading is restricted.

Ethylene glycol:

After the National Development and Reform Commission emphasized severe investigation and punishment of capital's malicious speculation of thermal coal, coal prices weakened and ethylene glycol turned to an empty limit. The current price is 6,635 CNY/ton, a daily drop of 700 CNY/ton.

Methanol:

The main contract for thermal coal continues to fall and the cost of methanol is supported. The current price is 3700 CNY/ton, which is about 500 CNY/ton lower than the price of the previous week. Some downstream companies wait and see, the short-term methanol market may fall.

Cyclohexanone:

The ex-factory price is 11300-11500 CNY/ton, down 200 CNY/ton daily. The East China cyclohexanone market is operating weakly, the offer has fallen, the market is abundant, the downstream wait-and-see atmosphere is thick, and the transaction atmosphere is general.

PTA:

The current price of PTA fell slightly. The average domestic spot market price was 5250 CNY/ton, down 2.45% from the previous day, and down 150 CNY/ton from the previous week. The main futures market 2201 closed 5440 settled 5410, down 90, or 1.63%.

Ethyl acetate:

The price of ethyl acetate is 10187.50 CNY/ton. In terms of domestic market supply, the supply of acetic acid in the market has accumulated, and the price has continued to decline. The downstream purchase is rational, and the short-term demand will not improve significantly. The price of Jiangsu Baichuan High-tech New Materials has been lowered by RMB 100/ton, and it is now quoted at RMB 10,100/ton.

PE:

The domestic PE market suppressed the downward trend, and some brands fell 50-450 yuan a day. The cost of raw materials is very bearish, the coal limit falls, crude oil is weak and fluctuating, market confidence is frustrated, manufacturers' quotations are lowered, and the multi-party is bearish, and spot prices have plummeted. East China linear material 7042 CNY/ton, mainstream material 9400 CNY/ton, down 300 CNY/ton; East China high pressure 2426H mainstream material 13000 CNY/ton, down 250 CNY/ton; South China low pressure drawing material 5000S mainstream price 9650 CNY/ton, down 100 Yuan / ton.

PP:

The domestic PP spot market fell sharply, with some brands falling 50-350 CNY/ton each day. Thermal coal fell to the limit and panic in the market increased. Petrochemical plants sharply lowered their ex-factory quotations, traders followed suit, and market prices fell rapidly. The market outlook is bearish, the downstream is cautiously following up, and trading is light.

PS:

The domestic PS market price continued its downward trend, with some brands falling by RMB 30-200/ton each day. Styrene continued to decline, risk aversion in the market further increased, and shipments by holders were not smooth. The market quotation was mainly down, and the actual order was negotiated, and the overall transaction was not good.

ABS:

The domestic ABS market fell slightly, and some brands fell 20-100 CNY/ton per day. PetroChina South China lowered its ex-factory prices again, and the plastics sector generally recovered. The market sentiment was bearish, and some traders made small gains.

Looking at the above-mentioned products with falling prices, it is not difficult to find that the above-mentioned chemical raw materials whose prices have fallen sharply are mostly the coal chemical industry chain or raw materials closely related to coal chemical products. The reasons for the "diving" of the prices of these raw materials are There is a close relationship between cost-side impact and weak demand.