First, the price trend
Business community: maleic anhydride market this week, deep down no bottom (8.14-8.18)
This week, the average price of maleic anhydride offer is 8414.29 yuan / ton (both tax), down -4.69%, while August 1 has fallen as much as -8.64%.
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Second, the market analysis
Products: Into August, the domestic maleic anhydride market opened a sharp decline in the model to Shandong, for example, August 1, solid anhydride is ex-factory price to 8400 yuan / ton, as of the report of anhydride exports to 7500 yuan / ton, half of the time Maleic anhydride prices fell nearly a thousand dollars, while the liquid anhydride is more concentrated because of the supply, more than a solid anhydride.
Industrial chain: the domestic factory is relatively stable operation, the current supply of only benzene to maintain the low operation, the market liquidity is still difficult to improve performance, and the price close to the cost line and the bottom of the operation, so that the factory kept very willing, the decline has slowed. However, the supply of butane method is relatively concentrated, although the Dongying Qi, Xinjiang Jinyuan device parking, but Shandong, Jiangsu and Zhejiang manufacturers operating stable, and early parking has been overhauled, so recently heard of new maintenance plans, especially liquid anhydride supply Supply is abundant, fear of the price is still a certain pressure to suppress the market has not yet clearly bottomed out the signal.
| POLYVINYL ALCOHOL |
The same time as
In addition, the demand side is also a major factor restricting traders and downstream operations. Has been running to the end of August, although the traditional high season gold nine silver ten, some chemical products will appear a new round of rising prices, but for maleic anhydride, the downstream resin factory since the first half since the environmental factors suppressed significantly, operating rate continued to maintain Low load, Shandong, North China, and Changzhou, Jiangsu Province, security, environmental factors are more important, so the demand is difficult to upgrade short. Especially in North China is facing the upcoming nineteenth, environmental factors for the resin is still more serious, so the demand is difficult to upgrade under the fear of continue to control maleic anhydride plant and traders operating.
Third, the market outlook forecast
Chen Lin said: Overall, the domestic supply and demand of maleic anhydride is still an imbalance, although the supply of local supply is limited, but the overall supply and demand point of view, for the maleic anhydride price index is still weak, Even if the market stabilized, if the supply side no significant changes in the price rebound also has resistance. Short-term domestic maleic anhydride market vulnerable, there is still down risk.
| PVA |