More Than 80 Kinds of Raw Materials Fell Sharply, and the Plastic Industry Chain Fell Synchronously

According to incomplete statistics, the prices of more than 80 products in the oil industry chain and derivative industry chain have fallen significantly due to this impact. Not only is the decline amazing, but the prices at the beginning of the year have basically spit out all the increases, even lower than the prices at the beginning of the year.

There are more than 40 kinds of chemical products in the oil industry chain that have been directly affected and their prices have dropped. Among them, the price of butanediol and TGIC has dropped by more than 10,000 yuan.

1,4-Butanediol is currently quoted at RMB 11,240/ton, down by RMB 19,590/ton or 63.54% from the quote at the beginning of the year;

Propylene glycol is currently quoted at 7366.67 CNY/ton, down 9033.33 CNY/ton from the quotation at the beginning of the year, a decrease of 55.08%;

The current price of isobutyraldehyde is 7266 CNY/ton, which is 6934 CNY/ton lower than the price at the beginning of the year, a decrease of 48.83%;

The current price of acetic acid is 3400 CNY/ton, which is 2790 CNY/ton lower than the price at the beginning of the year, a decrease of 45.07%;

Methyl acetate is currently quoted at RMB 3,850/ton, down by RMB 3,150/ton or 45.00% from the quote at the beginning of the year;

The current price of neopentyl glycol NPG is 9983 CNY/ton, down 6767 CNY/ton compared with the price at the beginning of the year, a decrease of 40.40%;

The current price of acrylic acid is 8066.67 CNY/ton, down 5133.33 CNY/ton compared with the price at the beginning of the year, a decrease of 38.89%;

The current quotation of epichlorohydrin is 11,350 CNY/ton, down 7,066 CNY/ton from the quotation at the beginning of the year, a decrease of 38.37%;

Propylene oxide is currently quoted at 6,550 CNY/ton, down 4,050 CNY/ton or 38.21% from the price at the beginning of the year;

Bisphenol A is currently quoted at 11,816 CNY/ton, down 6,634 CNY/ton from the quotation at the beginning of the year, a decrease of 35.96%;

The current price of butanone is 8266 CNY/ton, down 4594 CNY/ton compared with the price at the beginning of the year, a decrease of 35.72%;

Liquid epoxy resin is currently quoted at 17,500 CNY/ton, down 9,000 CNY/ton from the beginning of the year, or 33.96%;

The current price of DMF is 10,600 CNY/ton, down 5,300 CNY/ton compared with the quotation at the beginning of the year, a decrease of 33.33%;

The current price of solid epoxy resin is 16,000 CNY/ton, which is 7,500 CNY/ton lower than the price at the beginning of the year, a decrease of 31.91%;

The current price of TGIC is 34,000 CNY/ton, which is 15,000 CNY/ton lower than the price at the beginning of the year, a decrease of 30.61%.

In other industrial chains other than the crude oil industry chain, the prices of more than 30 kinds of chemical products also fell, with the highest drop of nearly 50%. Among them, there are many urea and organic silicon in the natural gas chemical industry chain, ethanol and acetic anhydride in the coal chemical industry chain, and yellow phosphorus and titanium dioxide in the downstream such as phosphate rock and titanium ore.

The current quotation of dichloromethane is 3012.5 CNY/ton, down 2960 CNY/ton compared with the quotation at the beginning of the year, a decrease of 49.56%;

Glycine is currently quoted at 18,500 CNY/ton, down 16,500 CNY/ton from the quotation at the beginning of the year, a decrease of 47.14%;

Sulfur is currently quoted at 1096.67 CNY/ton, down 930 CNY/ton or 45.89% from the quotation at the beginning of the year;

The current price of hydrochloric acid is 173.33 CNY/ton, down 144.67 CNY/ton compared with the price at the beginning of the year, a decrease of 45.49%;

The current price of acetic anhydride is 6225 CNY/ton, down 4125 CNY/ton compared with the price at the beginning of the year, a decrease of 39.86%;

The current price of TMP is 10,450 CNY/ton, down 6,800 CNY/ton compared with the price at the beginning of the year, a decrease of 39.42%;

Maleic anhydride is currently quoted at RMB 7,520/ton, down by RMB 4,646.67/ton or 38.19% from the quote at the beginning of the year;

The current quotation of chloroform is 2750 CNY/ton, down 1625 CNY/ton compared with the quotation at the beginning of the year, a decrease of 37.14%;

The current price of yellow phosphorus is 26,250 CNY/ton, down 14,416.67 CNY/ton compared with the price at the beginning of the year, a decrease of 35.45%;

Phosphoric acid is currently quoted at RMB 8,190/ton, down by RMB 3,276.67/ton compared with the quote at the beginning of the year, or 28.58%;

Isooctyl acrylate is currently quoted at RMB 10,225/ton, down by RMB 3,875/ton compared with the quote at the beginning of the year, or 27.48%;

The current price of silicone is 18,960 CNY/ton, down 6,840 CNY/ton compared with the price at the beginning of the year, a decrease of 26.51%;

Ammonium sulfate is currently quoted at 1173.33 CNY/ton, down 416.67 CNY/ton from the quotation at the beginning of the year, a decrease of 26.21%;

The current price of melamine is 7233.33 CNY/ton, down 2433.34 CNY/ton compared with the price at the beginning of the year, a decrease of 25.17%;

Aluminum fluoride is currently quoted at 10,950 CNY/ton, down 3,416.67 CNY/ton from the beginning of the year, or 23.78%;

The current price of dimethyl carbonate is 7033 CNY/ton, down 2067 CNY/ton compared with the price at the beginning of the year, a decrease of 22.71%;

The current price of isobutanol is 6883 CNY/ton, down 1917 CNY/ton compared with the quotation at the beginning of the year, a decrease of 21.78%.

It is worth noting that the raw materials upstream of the plastic industry chain are also among them. For example, PE, PP, PVC, ABS, and PS are all in the decline. General plastics have almost been wiped out this month, and EVA has experienced a large-scale price decline. The magnitude is very exaggerated. . That is to say, the market in August continued with the sad ending of July, and the price of plastic continued to move towards the bottom.