2016 domestic paint raw materials import and export analysis.

The global economic recovery in 2016 is still running slowly, with weak demand recovery and increased competition in the international market. The continued depreciation of the renminbi has led to rising costs of purchasing raw materials, thus driving up the cost of manufacturing industrial goods. House prices rose, coal, steel, chemical raw materials all the way . Look at downstream enterprises, considering the end customers, price increases are not an easy thing, at this stage most enterprises are waiting to see their changing attitude, their days are really difficult. The cost of raw materials manufacturers gradually increased, environmental protection efforts increased, under the double squeeze, the level of import and export has also been affected. Next, the author from the following a variety of raw materials analysis of 2016 raw materials import and export situation.
styrene
the average of styrene imports and exports in China showed a downward trend in 2016. In 2016, China's styrene imports reached 3.4985 million tons, total styrene imports reached 362.91241 million U.S. dollars, the average import price of 10.3734 million U.S. dollars / tons, down 6.57 percent from 2015. In 2016, China's styrene exports reached 0.01 million tons, total styrene exports reached 591,000 U.S. dollars, the average export price of 5.91 million U.S. dollars / tons, down 97.96 percent from 2015.
poor downstream demand due to environmental inspections has inhibited the import and export level of styrene. According to the data, by the end of 2016, China's total styrene production capacity will increase by 1.32 million tons/year to 8.435 million tons/year, and the total styrene production capacity in 2015 will be 7.587 million tons, an increase over 2015. Thus, the overcapacity of styrene is a cause for concern.
Butyl acetate
China's import level of butyl acetate decreased significantly, in 2016 domestic imports of butyl acetate reached 0.08 million tons, the total import amount reached 3.51 million U.S. dollars, the average import price of 43.875 million U.S. dollars / tons, down 69.2% YoY in 2015. Mainly due to environmental factors, with the pressure of environmental protection policies, oil-based
paint
, oil-based ink development is inhibited, a number of local governments issued relevant documents to limit the development of high VOC products. Correspondingly, downstream research and development, promotion of aquatic products, it is expected that the future demand for butyl acetate will be reduced. It can be seen that the downstream demand is limited, China's imports of butyl acetate will also decline.
export level of butyl acetate has been increasing year by year. In 2016, China's export volume of butyl acetate reached 861,000 tons, exports reached 59.7336 million U.S. dollars, the average export price of 693.77 million U.S. dollars / tons, an increase of 24.8% yoY in 2015.
China's butyl acetate production capacity increased rapidly, in 2016 China's butyl acetate production capacity of 1.28 million tons, an increase over 2015, in which Yangzijiang acetyl acetate plant production led to increased production capacity. In 2016, the price of butyl acetate is high, the overall profitability of the producers is still good, and the start of business is stable. The overall operating rate of butyl acetate plants in 2016 was 50.27%, which will be better for exports of butyl acetate.
total imports of epoxy chloropropane
in 2016 were approximately 198,000 tons, a decrease of approximately 20,000 tons from 2015. Domestic overcapacity is difficult to alleviate, import sources are less competitive under price constraints, feed processing trade accounts for more than 60% of total imports, and import enterprises mainly epoxy resin.
impact of anti-dumping duties on import levels. In accordance with the Anti-dumping Regulations of the People's Republic of China, the Committee on Tariffs and Tariffs of the State Council decided to continue to impose anti-dumping duties on imports of epoxy chloropropane originating in Russia, Korea, Japan and the United States for a period of five years from 28 June 2012. According to the announcement, China's anti-dumping of epoxy chloropropane will end at the end of June 2017, since then foreign imports of epoxy propane anti-dumping duty will be eliminated, some import source costs will be lower than before.
total annual exports of epoxy chloropropane in China in 2016 were 657.57 tons, a decrease of 20.20% compared to 2015. Among them, Yangon Chemical is a domestic production enterprise of epoxy chloropropane, and its total annual exports in 2016 were 501.06 tons, accounting for about 76% of the total domestic exports.
Titanium white powder
from the 2016
Titanium white powder
production announced by relevant state agencies can be seen that titanium dioxide exports maintained a good trend, 2016 titanium dioxide exports reached 720470.09 tons, an increase of 33.8% compared to the same period in 2015. Mainly with the international titanium dioxide enterprises at the end of 2015 announced the closure of more than 400,000 tons of titanium white production capacity and China's titanium dioxide cost-effective. The reduction of the production lines of the international giants is to match the market by reducing the production rate and inventory. In the domestic market, due to the closure of foreign factories and the warming of the market in 2016, the domestic production of 110,000 tons of titanium white will certainly be released in 2015, while the existing plant will further increase production, the old titanium white production plant is expected to have an increase of 100,000 tons.
the import level of titanium dioxide in China, china's imports of titanium dioxide reached 189,242.33 tons in 2016, a decrease of 7.1% compared with the same period in 2015. One of the most important factors, in recent years, China's titanium dioxide market is developing rapidly, the domestic titanium dioxide industry towards concentration, a new pattern of the industry appears. Compared with foreign markets, domestic giant enterprises account for the mainstream, with sichuan Longyear and Yuli Union's strong joint, the company's titanium dioxide production capacity from 260,000 tons / year, increased to 560,000 tons / year, ranked first in Asia.
Iron Oxide
In 2016, the main economic indicators of iron oxide in China were mainly run at a steady low level, with low-speed development of industry production and sales volume and export volume, stable overall price level and accelerated industrial restructuring. Facing the complex and severe economic situation at home and abroad, weak domestic market demand, weak export competitive advantage, industry growth rate continues to decline slightly, transformation and upgrading is an important issue before the industry. Although the economic operation of the industry is facing difficulties and challenges, but because of the iron oxide industry products, the development potential is sufficient, coupled with the industry technology innovation, management, the ability to go out gradually improve, for the industry to continue to provide a good condition for sustained growth.
In 2016, affected by the global economic downturn, trade growth in advanced economies such as the United States, the European Union and Japan shrank or stagnated, consumer confidence in the market declined, and the growth rate of import demand in these countries and regions declined, and they were more sensitive to the affordability of imported products, making the weak international market demand more pronounced.
In 2016, iron oxide imports reached 200.26 million tons, a decrease of 0.87% YoY, while import prices were US$104.09 million, down 5.3% YoY;
Px
China's total PX imports in 2016 were 12.3613 million tons, an increase of 6.12% month-on-month, with an average annual import price of US$781.9 per ton, while total exports were 566,000 tons, down 46.4% month-on-month. Compared with 2015, PX in 2016 showed an increase in imports, reduce export situation, mainly due to the continued expansion of China's PTA plant production capacity, however, the domestic PX production enterprises slow new production capacity, low load of existing equipment, resulting in domestic PX supply and demand development out of step, and then rely heavily on South Korea, Japan and Taiwan and other import sources to fill the market gap.
epoxy
Total domestic epoxy resin imports in 2016 were 235409.047 tons, an increase of 6.5% over the same period last year, with imports amounting to US$776674174 and an average import price of 32 US$99/tonne; total domestic epoxy exports in 2016 were US$67,472.802 tonnes, down 8% from the same period last year, with exports amounting to US$146,129,289 and the average export price at US$2,166/tonne.
imports: the main downstream consumption of domestic epoxy resin concentrated in
coating
, it is understood that paint accounted for 43%, electronic products accounted for 27%, composite materials 23%, and adhesives and other fields accounted for about 7%.
solid epoxy resin is
powder coating
the main raw materials, mainly used in anti-corrosion pipes, home appliance surface spraying, liquid epoxy resin is mainly used in automotive primers, containers and ship spraying. It can be seen that epoxy resin mainly serves the high-end market. At present, the above-mentioned downstream market development is still foreign markets, therefore, domestic epoxy resin manufacturers aimed at foreign countries, high-quality resins rely on imports to survive.
: This year's devaluation of the yuan is still under pressure, but also can not boost epoxy exports, epoxy exports this year is not as good as last year, only January and March export levels higher than last year's level. Due to weak external demand, the international market has become a treasure trove for the development of domestic enterprises, domestic epoxy export competition pressure will be greater.
2017, the market re-started, the policy is constantly improving, paint raw materials import and export level will also face a huge test. Such as China's introduction of chemical import and export commodity tax reduction policy, from January 1, 2017, China will reduce some import and export commodity tariffs. Judging from the introduction of this tax reduction policy, the chemical industry has been "signed", this provision for the market for poor paint raw materials, or ushered in new hope.