Monthly Archives: October 2015

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Isopropanol market continued to decline

[chemical] Gade chemical network finance in 2015 third quarter isopropanol market price decline in the presentation of the subject, 8 by the end of the rebound in crude oil, isopropyl alcohol prices rose slightly in early 9, due to lower demand insufficient follow-up, they began to fall. Within three months from the national average price of 7370 yuan / ton, fell to 5950 yuan / ton, down 19.27%, hit a record low cycle.

Market analysis

Product: a continuation of the downward trend in the economic environment in early July, isopropanol price fell sharply in late August, basically stable; “Tianjin Port explosion”, around environmental protection intensified, the downstream enterprises operating rate decreased significantly, MIBK prices continue to decline, at the end of the rebound in crude oil, isopropyl alcohol prices rose slightly; the traditional “Kim Gu” this year did not driven by rising demand, the downstream market demand is low fan, September domestic isopropanol prices continue to fall.

Industry chain: the third quarter of the overall downward trend in acetone, 8 at the end of the 9 month rally, fell sharply again in 9 months late. At the end of the season around Yanshan to discuss the market range of 3800-3850 yuan / ton, East China talks range 3700-3750 yuan / ton, Southern China area to discuss the range of 3900-4000 yuan / ton.

Upstream of another product propylene plummeting prices, even a record low. At the beginning of seven domestic enterprises factory price price at 7377 yuan / ton, by the end of September 29th, foreign enterprises price volatility to 4060 yuan / ton left right, a decrease of 41.48%, the current price fell 58.79% compared to the same period last year. Three months, propylene prices experienced from 7000 yuan / ton to 4000 yuan / ton below the record low.

Market forecast

This quarter, the domestic market prices weak endometriosis alcohol, continued to decline. Even in the original season of September the market will not rebound, the market strong wait-and-see atmosphere. Propylene, acetone and isopropanol weak run, weak support cost. The current cost of supply and demand are biased and bad, is expected to last quarter of this year, the market will continue downward or isopropanol.
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The domestic market of steady operation

[chemical] Gade chemical network financial market this week to run steady domestic hydrochloric acid, 31% acid synthesis weekend average ex factory price of 227 yuan / ton, compared with the same period last year rose 3.11%. In October 9th 59.94 hydrochloride commodity index, unchanged from yesterday, the highest in a cycle of 100 points (2011-09-12) fell by 40.06%, compared to 09 in 2012 05, the lowest point of 17.98 month rose. (Note: the cycle refers to 2011-09-01 so far)

Market analysis

Products: East China market volatility is not Shandong area of hydrochloric acid, acid synthesis factory mainstream 180-300 yuan / ton; Northeast synthetic acid high sale, mainstream factory price of 600 yuan / ton; East China downstream acid consumption enterprises demand weak bias, the market outlook is expected to stabilize the main hydrochloride.

This week: the industrial chain upstream raw materials of crude salt market did not change significantly, showing rising trend due to the abundant chlorine, hydrochloric acid business inventory, polyvalent acid production due to the low side, the upstream product of hydrochloric acid market is not obvious. This month, medicine, papermaking, chemical industry downstream demand is steady, the relationship between supply and demand in the short term is difficult to have significantly improved.

Market forecast

Hydrochloric acid manufacturers inventory sufficient, market demand is stable, the market outlook is expected in the short term of stability oriented, or difficult to break.
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Carbon black up efforts.

[comment] Gade chemical Chemical Network 7 early black commodity index is 5322,9 at the end of the carbon black commodity index was 5250, down 1.3%.

Market analysis

In July, the market price decline in carbon black, carbon black market operating rate of about 5 into, even if the operating rate is not high, black spot market supply is adequate, large carbon black manufacturers smooth operation, many small and medium enterprises to maintain customer contracts, industry more difficult to maintain, the industry adopted a wait-and-see attitude, cautious trading transactions scarce. The black market price: Shandong black to discuss the mainstream in 5000-5200 yuan / ton, the price of carbon black in Jiangsu and Zhejiang to discuss the mainstream in 5500-5600 yuan / ton, Shanxi black market price of about 4800-5000 yuan / ton in the mainstream. A part of the carbon black industry manufacturers will face elimination, black market prices low order.

In August, Chan Yu Dongguan carbon black rubber with carbon black N220 is priced at 5150 yuan / ton, Tianjin China rubber industry Limited by Share Ltd rubber with carbon black N220 is priced at 5000 yuan / ton. This month, the overall market stability of carbon black is in good condition, enterprises operating rate.

In September, the black market is basically stable, only a handful of businesses have price adjustment. At the end of 9, occurred in the global carbon prices rise, the Japanese company and Asahi Tokai carbon black company first respectively in July and August the price of , causing widespread follow up with other carbon black manufacturers, set off a wave of price increases in the global carbon market. There are 4 carbon black manufacturers announced price increases, which are carbon black rubber Cabot Corporation, Orly long construction carbon company rubber with carbon black rubber, carbon black, carbon black Deborah rubber, carbon black and Richardson energy company, all kinds of carbon black spot purchase price has been raised.

After September 24th, as the domestic carbon black industry ranked first in the black share said in a statement, the company exports to carbon recovery growth will the international market price increases to a certain extent, but involvement in the domestic carbon black market downturn, the positive impact of rising carbon prices to bring company limited, announced price increases 4 price of carbon black manufacturers are just a specific product has been raised, so the price of rubber with carbon black limited to foreign market, has little effect on the domestic market.

Market forecast

Carbon black in October will usher in the sales season, but according to the current situation, black rose intensity weaker, the latter is expected to rise more slowly.
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