Chemical Index November 30 to 912 points, the highest point over the period 1016 ( 2012-03-13 ) fell by 10.24% compared to July 21, 2013 the lowest point of 881 points , up 3.52 percent . ( Note: The period refers 2011-12-01 to 2013-11-30 )
According to price monitoring , in November 2013 the commodity price change chart Chemicals segment rose ring of 56 kinds of commodities , which rose more than 5% of the total of eight kinds of goods , accounting for 7.2% of the sector is monitored commodity number ; former or 3 goods are benzene ( 9.49% ) , ammonia ( 9.11% ) , particulate sulfur ( 8.24% ) .
There ring than 50 kinds of commodities decline , a drop of more than 5 % of the total of four kinds of goods , accounting for 3.6% of the sector is to monitor the number of commodities ; former decreases were glyphosate products 3 ( -11.04 % ) , butadiene ( -10.57 % ) , hydrogen peroxide ( -7.94 % ) .
November 2013 Chemical industry commodities were up 0.49% decline .
This week the domestic chemical market overall upward , at 111 monitoring product business community , there are 52 product prices this month compared to October increased by 10 species Gainers champion benzene monthly increase of 9.49% , the industry sector is concerned, acetic acid chain , nitrogen sector , bromine chemicals segment , fluorine chemicals segment , the chlor-alkali industry chain showed a good trend, and butadiene , glyphosate , styrene, adipic first three quarters of the trend better products by downstream boycott appears reasonable pullback in November . November 2013 , commodity data provider – Social business of supply and demand release of Chinese commodity index (BCI) is -0.06 , both rose to 0.36% , reflecting the economy ‘s manufacturing contraction in the previous month , the economy running smoothly.
Since the transmission chain relationships , from the source energy sector this month , after the chemical sector , the downstream plastic plates are an upward trend overall , the trend is good overall performance in the commodity markets , specific analysis , contributed November chemical market mainly include rising trend :
A reasonable market demand for the release of October this year, part of the industrial sector to tighten advance procurement, industry rigid demand full release delayed to November , typical products : benzene , ammonia, preliminary environmental review of factors affected the domestic coking benzene , almost all enterprises discontinued, after entering November , due to the market steadily higher aromatics , benzene coking enterprises operating rate rose to accelerate the procurement of crude benzene , prompting benzene prices rose rapidly ; while rising liquid ammonia urea is mainly due to lower overall market start , urea prices rose 5.26 percent this month , the market for liquid ammonia to dramatically pull.
Second, vigorously promote cost November rise in domestic prices of acetic acid, an important reason is the continuous rise in the upper reaches of methanol , methanol prices high by international market and harbor little impact on stocks , the domestic methanol prices rose rapidly , pushing the cost factors under acetate strong rise in the month rose 7.49 percent .
Third, the market supply crunch, typical products : OX, acetic acid. Nov. major domestic refineries o-xylene (OX) operating rate remained around 8 percent , port stocks decreased from the beginning of more than 40,000 tons to about 30,000 tons , November downstream phthalic anhydride market, and for OX purchases increase, pull l market traded price. The primary cause of acid increases the gap between supply and demand is to expand the market this month, acetic acid market supply shortage , traders and downstream users difficulty getting goods this month, acetic acid plant operating rate is not high at about 60% or so , pre Shanghai Wu Jing and Yankuang Cathay Pacific Chemical plant operating deficiencies , Celanese overseas plant parking , post- gasification Hebei Britain are due to accidental parking , start over market supply situation led to tight supply , manufacturers almost no inventory .
In summary, the overall upward in November from the domestic chemical market changes in market supply and demand reasonable , adequate power , a greater chance of a continuation of the upward outlook , but subject to pre- market speculation over who glyphosate , adipic acid and other products callback order will be the main trend in the short term . December recommendations concern by policy stimulus, a significant reduction in the supply of urea , diammonium phosphate , bromine , fluorite and other products.