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Prices of various chemical raw materials fell

 Last Update: 2022-09-04
 Source: Internet
 Author: User

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Recently, bisphenol A, which had repeatedly hit new highs at the beginning of the year, began to "go downhill".

Some netizens said that after a few months of power outages and production restrictions, the prices of many chemical products have skyrocketed, and some even deviate from the fundamentals.

Cyclohexanone:

The ex-factory price is 11300-11500 yuan / ton, down 200 yuan / ton per day, the cyclohexanone market in East China is running weakly, the offer is falling, the market supply is abundant, the downstream wait-and-see atmosphere is strong, and the transaction atmosphere is general

Cyclohexanone:

PTA:

The current price of PTA fell slightly.
The average domestic spot market price was 5,250 yuan/ton, down 2.
45% from the previous day and 150 yuan/ton from the previous week.
The main futures 2201 closed at 5440 and settled at 5410, down 90, or 1.
63%
.

Ethyl acetate:

The price of ethyl acetate is 10187.
50 yuan / ton.
In terms of domestic market supply, the supply of acetic acid in the market is accumulating, the price continues to decrease, and downstream purchases are rational, and the demand will not improve significantly in the short term
.
The price of Jiangsu Baichuan Hi-Tech new materials has been reduced by 100 yuan/ton, and the current price is 10,100 yuan/ton
.

PE:

The domestic PE market was suppressed, and some brands fell by 50-450 yuan a day
.
The cost of raw materials is very negative, the coal price is limited, the crude oil is weak and fluctuating, the market confidence is frustrated, the manufacturers' quotations are lowered, and the spot price is falling sharply
.
East China linear material is 7042 yuan/ton, the main material is 9400 yuan/ton, down 300 yuan/ton; East China high pressure 2426H main material is 13000 yuan/ton, down 250 yuan/ton; South China low pressure wire drawing material 5000S mainstream price is 9650 yuan/ton, down 100 Yuan/ton
.

PP:

The domestic PP spot market fell sharply, and some grades fell by 50-350 yuan/ton per day
.
Thermal coal fell to the limit, and the market panic increased
.
Petrochemical plants sharply lowered their ex-factory quotations, traders followed, and market prices fell rapidly
.
Bearish market outlook, cautious follow-up downstream, thin trading
.

PS:

The domestic PS market price continued to decline, with some grades falling by RMB 30-200/ton per day
.
Styrene continued to decline, the market risk aversion was further aggravated, and the stockholders' shipments were not smooth
.
The market price is mainly down, and the actual order is negotiated, and the overall transaction is not good
.

ABS:

The domestic ABS market fell slightly, and some grades fell by 20-100 yuan/ton per day
.
PetroChina South China lowered the ex-factory price again, and the superimposed plastics sector generally pulled back.
The market sentiment was bearish, and some traders made small profits
.

Looking at the above products with falling prices, it is not difficult to find that the above-mentioned chemical raw materials whose prices have fallen rapidly are mostly the coal chemical industry chain or raw materials closely related to coal chemical products.
Cost-side impact and weak demand are closely linked
.

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