Adipic acid market supply support to maintain a strong trend of finishing

Recently, the domestic adipic acid production enterprises in August listing price is raised 200 yuan / ton to 9400 yuan / ton, which is the third time to adjust the listing price, August listing price has been raised 600 yuan / ton. August adipic acid market price increase is more impressive, from the end of July 8500 yuan / ton near the cumulative increase of 700-800 yuan / ton.

PVA 1799 (PVA BF17)

Near the settlement date, but Sinopec Benzene prices held steady after two months ushered in 100 yuan / ton range of the increase, on the one hand to a certain extent, support the adipic acid upside down intention. 6-8 months, the domestic benzene market has undergone a long time sawing, petroleum benzene inter-range adjustment, and hydrogenated benzene is followed by several rounds of fast rise and fall, although in July in Shandong in the environmental protection and cost pressures The supply of hydrogenated benzene decreased significantly, but did not stimulate the benzene market rebound performance. The domestic fundamentals short-term improvement is limited, short-term price of benzene to continue to pick up the lack of conditions, although the short-term news and good downstream of the downstream growth of styrene to the space, but the range of fear continue to be restricted.

Since the second half of July adipic acid market supply performance continued tight, the amount of contractors this month, there are still plans to reduce the market supply of equipment to start the announcement of the news is limited, this week, Chongqing Huafeng two 180,000 tons / Year installation of a week, but the other in the production device to start more fully, the overall load down to 60% of the following, but the recent majority of manufacturers still said that the supply of low inventory levels for traders to spot orders slow, middle part of the inventory But also more reluctant to sell. The market in August offer again and again on the probe, the real single is more steady follow up.

Downstream polyurethane slurry, soles of raw materials mainly large-scale environmental protection requirements of the production enterprises operating load is relatively adequate, but the non-compliance business to rectify the phenomenon of more, just need to show the general. Downstream and more stock, but adipic acid on the trend and the atmosphere under the goods less, the procurement atmosphere is acceptable. This week the relevant raw materials DMF, pure MDI continue upward trend, DMF rose 200 yuan / ton, pure MDI week rose 1,000 yuan / ton in the vicinity. It is also reported that the impact of the incident by the river or may have a substantial increase in the downstream cost of pressure or still a large floating, adipic acid market demand is limited.

PVA 1788 (PVA BP17)

The end of the month with the listing once again raised, the market is expected to follow the August settlement is also closely improved, the market offer part of the small single test up to 9500 yuan / ton acceptance, wait and see some profit disk inventory shipments, , The market talks to save 9200-9400 yuan / ton acceptance, the recent adipic acid market supply support to maintain, but still need to wait and see the supply and demand changes, the news side of the game saw, and strict environmental protection, security inspection, supply and demand uncertainty Increase, short-term supply support under the market to maintain a strong trend of finishing.