China Chemical Chemical Product Price Index published online Show: 2013 Open 5971 points, up 6,015 points, the lowest 5290 points to close at 5486 points, compared with the 2012 closing 5904 points, a year fell 7.1 percent , the maximum amplitude of which was 13.7 years %. In 150 major chemical products, price monitoring , the rise of the product 54 , only 36% ; fell 96 products , up to 64 %. 2013 overall chemical market performance are : the first half continued to decline , bottoming out in the second half , but the rebound height is limited , the market center of gravity, the poor performance of most products , but there are some bright spots.
2013 products fell by over 60% hydrazine hydrate main products fell , rubber , sulfuric acid , butadiene and fertilizer .
Hydrazine fell 51% decline in the first rank . By the end of 2012 due to supply shortages of hydrazine hydrate market prices rose sharply, but with the Yibin Tianyuan and other devices to resume production , adequate market supply , and the rapid decline in prices below the 2012 price increases at the beginning of the consolidation platform , the second half of 2013 there mountain West Joan newly device production, market oversupply , prices down for support is the only option .
Butadiene fell nearly 50 percent in the first half , the second half of the market has improved, but still more than 20% annual decline , on the one hand by the outer disk butadiene prices plummeted drag , on the other hand poor downstream demand for tires , the industry chain related natural rubber and synthetic rubber varieties have not been spared , butadiene rubber , styrene-butadiene rubber and SBS are super decline
Over 25% of the EPDM rubber is down 30 percent , Shanghai 75,000 tons / year upcoming production of the new device is expected to increase the market bearish sentiment.
Fertilizer industry is devastated , urea, ammonium phosphate and potash decreased by 22% , 19% and 23% , subject to overcapacity and slowing demand growth impact of nitrogen and phosphorus has been an oversupply of raw coal while prices are low , the price of sulfuric acid one reason for the sharp decline in nitrogen fertilizer prices are also lower in . Potash is mainly due to lower prices of international potash prices have fallen due. But with the end of 2014 the state has adopted policies such as fertilizer export tariffs , may bring a ray of sunshine to the fertilizer industry . 2014 fertilizer market rebound rally may be a high probability event . Other relatively large decline in aromatics and polyester products also include industry chain related products.
Although in 2013 the overall poor performance of the chemical market , rose only Sancheng product , but there are still many highlights. Or top-ranking products mainly include: chlorine ( 120% ) , acrylic acid ( 45% ) , propylene oxide ( 28% ) , methanol
( 25% ) and hydrogen peroxide ( 16% ) and so on .
Chlorine decline in the first half or the second half but took a dramatic turn , downstream devices have started significantly increased demand, ” fluoride acetate incident” prompted management departments at all levels to strengthen supervision of warehousing logistics and transportation of hazardous chemicals , resulting in significant cost with chlorine increase in market prices trend. In addition to chlorine or top crowned outside chloride and other downstream products also rose sharply ; chlorine prices also effective chain transfer to propylene oxide , propylene oxide near the end of the year driven by lower raw material prices and lower demand for new high polyether .
The main reason is the rise of acrylic June acrylic acid plant maintenance as well as many domestic acrylic device Huayi deflagration accident resulting in market supply . And before September due Luxi Chemical 200,000 tons / year of hydrogen peroxide unit shut down for maintenance due to failure of hydrogen peroxide makes a hard to find goods , prices soared , with unit prices gradual recovery run down but is still a year or less.
2013 most dazzling rise than methanol and related products , and drive new demand for gasoline, methanol to olefins , such as subject , because domestic gas prices of raw materials and even led some companies to stop gas plant operating rate is less affected , as well as supply of goods imported under tight joint action , methanol prices start from June all the way up and hit a new high in five years , has exceeded 4,000 yuan / ton mark for the highest market price when the port . Methanol futures were limit the funds staged final phase continuous bizarre crazy , forcing the management to come forward cooling, methanol market prices also fell rapidly from historic highs , but still up 25 percent annual increase . In methanol prices , driven by its main downstream products such as formaldehyde, acetic acid and dimethyl ether , also has a good performance . Other large rises bulk products as well as low-density polyethylene.
2013 domestic chemical changes in the market with another feature of the international crude oil prices are not significantly related . Since over 70 % of the chemicals from crude oil, oil prices tend to determine the chemical run trend market trends , but in 2013 the domestic chemical market is basically its own way, this law has basically no longer applicable. 2013 international oil prices (WTI) to red plate to close the year rose 7.2 %, but prices of chemical products index has dropped by 7.1 %, especially in the first half dominated by consolidation of international oil prices , while domestic chemical market is basically all the way down , indicating the demand side of supply and demand play a leading role.
2014 , the domestic chemical market will enter a stage of stable development , the focus of chemical price index may be further reduced. 2014 China Chemical Product Price Index running interval 5200 – 5800 points , the focus may be concerned about fertilizers and related products polyester industry can rebound out to stabilize the market, individual products may be replicated in 2013 as a hot trend in methanol
