Fall another 5000! The country speaks again: There is room for continuous callbacks in raw materials!

According to the latest survey by the National Development and Reform Commission on the morning of October 29, the cost of coal production was significantly lower than the current spot price of coal, and there is room for continued correction of coal prices.

decline! The prices of soaring products continue to drop!

The ups and downs of the market are normal, but the big ups and downs are really uncomfortable. The market is volatile and there are too many uncertainties in the market. Be cautious!

▶Chemical market: The overall downturn this week, nearly 70% of the raw materials callback!

The raw material market is sluggish this week. According to the data monitoring of Guanghua Jun, the price of 45 chemical products of 67 kinds of chemical products has decreased in different ranges this week, accounting for 67.2%! Among them, butadiene and bisphenol A fell more than 1,000 yuan a week.

There are only 15 products with weekly price increase, accounting for 22.39%

The weekly comments on the key monitoring of the raw material market are all in the short video of Jun Guanghua↓↓↓

acetic acid:

The operating rate of enterprises is high, and the contradiction between supply and demand is large. This week, the acetic acid market has ample inventory, and the downstream procurement is insufficient, and the price has dropped sharply! The South China market is quoted at 7150-7250 CNY/ton, and it is expected that the market will continue to decline next week.

Ethylene glycol:

Coal supply is tight, and the start of ethylene glycol has dropped sharply! Imports increased this week, and inventory at the main port continued to accumulate. On the whole, the ethylene glycol market adjustment period has come, and it is expected that the East China spot negotiation will be 5400-5800 CNY/ton.

Methanol:

The downstream demand is not strong, and the downward trend still exists. This week, the methanol downstream reception atmosphere is not good, the price in the production area is under pressure, and the port market is weak. The spot market just needs to be traded. The price of the South China market during the week is 3035-3280 CNY/ton, and the market is expected to run weakly next week.

Epoxy:

Manufacturers make profit, but the downstream is sluggish. Bisphenol A and epichlorohydrin are weak in rebounding, and downstream purchases are on demand. Manufacturers offer wide margins. Liquid resins are quoted at RMB 33,000-33500/ton, and solid resins are quoted at RMB 27,500-28,000/ton. Epoxy resins are expected to remain weak.

▶Silicone: a sharp drop of 5,000 yuan

The silicone market has been ups and downs in the past few days under the control of major manufacturers, which is even more exciting than Hollywood blockbusters. After the quotations of major mainstream monomer plants were clear, the price of the whole vehicle was basically the same as that of Shandong monomer plants, which may be detrimental to the destocking of Shandong monomer plants’ shipments. At the same time, large rubber compounding plants in East China also made significant bids for shipments. To combat the sentiment of stocking in the middle and lower reaches, on the 28th, some Shandong manufacturers DMC lowered again by 5000, and the external quotation was adjusted to 45000 CNY/ton, while the price of 421# metal silicon remained at 59500-66500 CNY/ton. Industry insiders said that DMC has reported 45000 CNY/ton. Close to the cost price, other mainstream monomer plants received less than ideal orders after their quotations. On the 28th, they dropped steadily. Mid- and downstream manufacturers suffered heavy losses. The newly replenished goods depreciated within a day, and customers took advantage of the situation to lower prices.