Monthly Archives: May 2020

The market of praseodymium neodymium oxide recovered with the improvement of demand

The rare earth index was 331 on May 13, unchanged from yesterday, 66.90% lower than the cycle’s highest point of 1000 (2011-12-06), and 22.14% higher than the lowest point of 271 on September 13, 2015. (Note: cycle refers to 2011-12-01 to now).

 

The average price of neodymium, dysprosium and praseodymium is 354500 yuan / ton, 2325000 yuan / ton and 635000 yuan / ton respectively. The average price of praseodymium neodymium oxide, dysprosium oxide, praseodymium oxide, neodymium oxide and neodymium oxide rose by 1000 yuan / ton to 271000 yuan / ton, 1770000 yuan / ton, 305000 yuan / ton, 280000 yuan / ton, respectively. The price of praseodymium neodymium alloy increased by 1500 yuan / ton to 341000 yuan / ton, while the average price of dysprosium ferroalloy was 1765000 yuan / ton.

 

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According to the monitoring of business agency, praseodymium and neodymium oxide has been rising continuously, up 2.85% in May. With the resumption of production, the domestic demand for rare earth has increased. The price of praseodymium and neodymium oxide has been rising continuously in May, but the market price of praseodymium and neodymium oxide is still at a low level. The Tariff Commission of the State Council announced the second exclusion list of the second batch of goods subject to us and Canadian tariffs, which mainly includes: rare earth metal ore, silver ore and its concentrate, gold ore, nickel alloy plate / strip / foil, nickel alloy wire, nickel alloy tube, aluminum alloy tube with an outer diameter of no more than 10 cm, titanium tube, nickel cadmium battery, etc. This time, the tariff imposed by the 301 measure against the US will not be added to the rare earth metal ore, and the added tariff will be refunded. It is possible to promote the import of rare earth metal ore, which is a good support for the praseodymium neodymium oxide Market.

 

In the rare earth market, the price trend is mainly stable, and the domestic heavy rare earth market supply is normal. Myanmar unilaterally closed the customs clearance port, but the domestic manufacturers started work normally, the domestic supply is normal, and the domestic heavy rare earth price trend is temporarily stable. In the near future, the demand for permanent magnet has increased, the market trend of praseodymium and neodymium series products has increased slightly, the on-site supply is normal, the demand for light rare earth is normal in the near future, and some market prices are stable. In addition, recent foreign health events have a great impact on the export volume of rare earth products, and the price trend of rare earth market is stable. The price fluctuation of rare earth market is related to the national environmental protection supervision. Rare earth production has particularity, especially some products have radiation hazards, which makes the environmental protection supervision more strict. Under the strict inspection of environmental protection, the manufacturer reasonably controlled the sales, but in the near future, the downstream demand was normal, and some rare earth prices rose slightly.

 

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Ministry of industry and information technology and other documents said that by 2025, new energy vehicle sales accounted for about 25%. Global electrification is stepping into the acceleration period of high-quality models at the supply side. China’s double point policy and European carbon emission requirements have established a long-term development mechanism for new energy vehicles. Driven by national policies, the supply and demand pattern of rare earth industry is expected to further improve, domestic demand in China has improved, and the price of heavy rare earth in domestic rare earth market remains high. The Ministry of industry and information technology issued the notice on the docking and implementation of preferential policies for rare earth industry, saying that the rare earth office entrusted China Nonferrous Metals Industry Association and China Rare Earth Industry Association to sort out and summarize the policy documents suitable for rare earth enterprise application, and formed the compilation of relevant supporting policies for rare earth industry resumption. All rare earth enterprises should actively connect with China Nonferrous Metals Industry Association and China Rare Earth Industry Association, obtain relevant policy information, accurately grasp the application requirements, strive for policy support, promote the smooth operation of rare earth industry chain, and jointly promote the stable and healthy development of the industry.

 

In the near future, the background pattern of weak downstream demand in rare earth market has not changed. The price rise of praseodymium neodymium oxide and metal is mainly due to the fact that downstream enterprises just need to purchase. Rare earth analysts of business agency expect that the price of praseodymium neodymium will still slightly rise in the short term. The domestic heavy rare earth market supply is normal, the downstream demand is general, and the market price of heavy rare earth may remain stable.

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Adequate supply, fluorite and hydrofluoric acid prices continue to decline

According to the price trend chart of fluorite, the price trend of fluorite remains low. According to statistics, as of May 13, the average price of domestic fluorite is 2577.78 yuan / ton, and the price of domestic fluorite remains low. According to statistics, the price of 97 fluorite wet powder in Inner Mongolia is 2400-2700 yuan / ton, that of 97 fluorite wet powder in Fujian is 2500-2900 yuan / ton, that of 97 fluorite wet powder in Henan is 2500-2900 yuan /The price of 97 fluorite wet powder in Jiangxi is 2500-3000 yuan / ton.

 

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In recent years, the price trend of fluorite in China has declined. First, with the gradual warming of the temperature, domestic fluorite enterprises have started to work gradually, the operating rate of fluorite has increased, and the operation of domestic mines and flotation units has increased, which has increased the spot supply of fluorite in the field, sufficient supply of goods in the field, and the price of fluorite in China has fallen. In addition, the northern fluorite manufacturers started construction gradually, the domestic supply of fluorite increased, and the price trend of fluorite in the field fell. Secondly, in the near future, the price of hydrofluoric acid and the market of refrigerants in the downstream are weak, which has a certain negative impact on the domestic fluorite market, and the price of fluorite in China has dropped. Recently, the price of hydrofluoric acid Market and refrigerant industry has declined, and it is expected that fluorite prices will continue to decline in the later period.

 

Fluorite prices remained low and hydrofluoric acid market prices continued to decline.

 

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As of the 13th, the average price of domestic hydrofluoric acid market is 8830 yuan / ton. Recently, the domestic hydrofluoric acid market continues to decline. The mainstream of hydrofluoric acid negotiation in Fujian Province is 7500-9000 yuan / ton, that in Shandong Province is 8000-9000 yuan / ton, that in Jiangxi Province is 7500-8500 yuan / ton, and that in Inner Mongolia is 7500-8500 yuan / ton. The supply of hydrofluoric acid market is sufficient , the market price continued to fall.

 

In the near future, the operation rate of hydrofluoric acid in China is about 60%. The enterprises report that the spot supply of hydrofluoric acid in the site is sufficient at present, but the downstream market is not good, and the demand for hydrofluoric acid market is weak. In the near future, due to the price drop in the downstream market, and the price of fluorite in the upstream, the domestic market price of hydrofluoric acid continues to decline. In the near future, most of the manufacturers report that the loss of hydrofluoric acid is serious, Domestic hydrofluoric acid market price continued to fall due to negative influence. In the near future, the price of refrigerant products keeps falling. As of the 13th, the price of domestic R22 products is 14833.33 yuan / ton, and the price of R134a is 21666.67 yuan / ton. In the near future, the sales of the automobile industry is in a downturn, and the market trend of the downstream refrigerant of the terminal is poor. The demand for refrigerant keeps falling, and the foreign special events are serious. The export of refrigerant terminals is not smooth, and they are mainly supplied to the domestic market. However, the domestic air conditioning industry is under construction Low level, weak after-sales demand for maintenance, overall, domestic and foreign demand are less than expected. At present, the refrigerant R22 manufacturer’s load is reduced, the inventory is in a reasonable range, and the price pressure is reduced due to the drag of demand. However, the situation of market price or not is obvious. The price mainstream of domestic large enterprises is 14000-17000 yuan / ton. The price trend of R134a market in China is declining, and the unit operation rate of production enterprises remains low. At present, the downstream operation is not high, and the demand for R134a is cold. In the near future, the downstream industry purchase is not active, and the price drops slightly. The downstream demand is poor, the price of refrigerant products continues to fall, and the price of hydrofluoric acid market is affected by the bad news. It is expected that the price of hydrofluoric acid market will continue to decline slightly in the later period.

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Tight spot supply, price of caprolactam Rose (5.6-5.9)

1、 Price trend

 

According to the data in the bulk list of business agency, the average ex factory price of domestic caprolactam liquid on May 6 was 8533 yuan / ton, and the average ex factory price of domestic caprolactam liquid on May 9 was 9066 yuan / ton, with the price rising 6.25% this week. On May 9, the caprolactam commodity index was 45.60, unchanged from yesterday, 54.40% lower than the highest point in the cycle, 100.00 (2017-03-02), and 15.74% higher than the lowest point, 39.40, on April 7, 2020. (Note: cycle refers to 2017-03-01 till now)

 

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2、 Market analysis

 

Product: caprolactam rose due to tight spot supply. As of the end of this week, the price of caprolactam liquid of Shandong Luxi Chemical Co., Ltd. was 9600 yuan / ton, cash was delivered, and the manufacturer’s capacity was 300000 tons. The actual transaction can be discussed. The price of Nanjing Dongfang caprolactam liquid is 9000 yuan / ton, the 400000 ton / year unit is in normal operation, and the caprolactam unit is in normal operation. The price of Baling Hengyi caprolactam liquid is 9100 yuan / ton. The 450000 ton / year unit is normally started and accepted. The price of caprolactam liquid of Baling Petrochemical Company is 9100 yuan / ton, and the 300000 ton / year unit is normally started and accepted.

 

Industrial chain: this week, the domestic pure benzene market has a stronger focus, boosted by the rise of crude oil and foreign market. Sinopec raised the listing price of pure benzene twice this week, with a total increase of 350 yuan / ton to 3100 yuan / ton. The listing price of pure benzene on Wednesday was 2750-3400 yuan / ton (average price 2960 yuan / ton); the listing price of Sinopec’s pure benzene on Wednesday (6th) was increased by 200 yuan / ton, and the listing price of domestic pure benzene was increased by 2950-3500 yuan / ton (average price 3120 yuan / ton); the listing price of Sinopec’s pure benzene on Saturday (9th) was increased by 150 yuan / ton, and the listing price of domestic pure benzene was increased by 3100-3500 yuan / ton (average price 3270 yuan / ton).

 

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Industry: according to the price monitoring of the business association, in the 18th week of 2020 (5.4-5.8), there are 37 kinds of commodities in the list of commodity price rise and fall in the chemical industry sector, including 17 kinds of commodities with an increase of more than 5%, accounting for 19.1% of the number of commodities monitored in the sector; the top three commodities are trichloromethane (17.86%), crude benzene (14.59%) and phenol (11.04%). There are 29 kinds of commodities falling on a month on month basis, 8 kinds of commodities falling by more than 5%, accounting for 9% of the number of commodities monitored in the sector; the top 3 products falling are R22 (- 10.10%), isopropanol (- 8.93%) and fluorite (- 6.83%). This week’s average was 0.97%.

 

3、 Future forecast

 

Caprolactam analysts of the business club believe that this week, the domestic supply of caprolactam is tight, there is less spot, and the enterprises are active in price hike. In addition, the price of caprolactam continues to rise. Due to the shutdown or planned shutdown of some enterprises, the later supply is still insufficient, and it is expected that the caprolactam market will continue to be strong in the short term.

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Low price disappears, MDI price continues to rise

1、 Price trend

 

According to the price monitoring of the business agency, the domestic aggregate MDI market rose this week. At the beginning of the week, the average price of the domestic aggregate MDI market was 11475 yuan / ton. At the end of the week, the average price of the domestic aggregate MDI market was 12000 yuan / ton, with a 4.58% increase in the price within the week. The price was 8.60% higher than that of the same period last month and 30.03% lower than that of the same period last year.

 

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2、 Market analysis

 

Product: after the festival, the price of MDI market continued to rise slightly. The market was full of price rising atmosphere, but the transaction surface was cold. On the supply side, weekly guidance prices of Cisco and Ryanair continued to rise, and the supply of goods was tight; the main factories in the north also actively released good news. The market learned that the guidance price for direct customers of some factories was also raised, and the low price disappeared. Generally speaking, there is a “rising voice” in supply. The price of imported goods in US dollars rose slightly, and the operation load of devices in Japan and South Korea was not high. The whole month saw supply or reduction.

 

Industry chain: raw materials, pure benzene: the price of pure benzene rose this week. After the festival, the price of pure benzene in East China rose, driven by the sharp rise in crude oil during the holiday. The spot price is 3450-3500 yuan / ton. After that, affected by the decline of crude oil and the weakness of styrene futures price, the market’s rising sentiment weakened, and the intention to purchase spot goods was insufficient, and the center of gravity weakened to 3320-3360 yuan / ton.

 

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Aniline: during the festival, the aniline market fell and ran smoothly after the festival. From the aspect of raw materials, after the festival, Sinopec’s listing of pure benzene increased by 200 yuan to 3000 yuan / ton, and the price of hydrogenated benzene rose to 3400 yuan / ton driven by the rise of crude benzene. The bidding price of Jinling pure benzene increased by 190 yuan / ton compared with that before the festival, and the support of cost aspect was enhanced. During the festival, a 100000 ton aniline plant in Nanhua was restarted, the market supply increased, and the aniline factory delivered generally, and the inventory kept accumulating. In order to promote the delivery, the price was slightly reduced by 200 yuan / ton. After the festival, the raw material of pure benzene rose sharply, and the profit of aniline decreased. Downstream enterprises were afraid of the raw material of pure benzene to promote the rise of aniline. Therefore, there were more purchases, and the shipment of aniline factory was acceptable, the inventory pressure was relieved, and the price was stable.

 

3、 Future forecast

 

Business point of view: the inquiry mood of downstream customers in the distribution market slightly changed, compared with the increase of inquiry before the festival. However, restricted by abundant inventory, small order purchase is the main thing. It is expected that the weekly guidance price manufacturers will continue to increase slightly next week, and the main supplier factories will still help. MDI analysts predict that the short-term domestic market price of MDI will be stable and wait for the change of market turnover.

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April price trend of ammonium phosphate fell (4.1-4.30)

1、 Price trend

 

According to the data in the business club’s large list, the average ex factory price of powdered monoammonium was 2083 yuan / ton on April 1, 1962 yuan / ton on April 30, and the price fell 5.80% in the month.

 

According to the data in the business club’s large list, on April 1, the average ex factory price of 64% diammonium was 2225 yuan / ton, on April 30, the average ex factory price of 64% diammonium was 2195 yuan / ton, and the price fell 1.35% in the month.

 

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2、 Market analysis

 

Monoammonium phosphate: this month, the market of monoammonium phosphate was cold, and the price continued to fall. The factory quotation of 55% powdered ammonium in Anhui Province is 1900-2000 yuan / ton, and the commencement is stable. In Hubei Province, 55% of the total price of powdered ammonium is about 1850-1950 yuan / ton, and 60% of the total price of powdered ammonium is 2100-2200 yuan / ton. The market in Henan Province has maintained stable operation, and 55% of ammonium powder has been quoted about 1950 yuan / ton, with stable start-up. The ex factory quotation of 55% powdered ammonium in Shandong Province is 1800-1900 yuan / ton, and the price is stable. The ex factory quotation of 55% powdered ammonium in Sichuan is about 1950 yuan / ton.

 

Diammonium phosphate: this month, the market trend of diammonium phosphate is not good, and the focus is gradually turning to the export market. At present, 64% of mainstream diammonium in Hubei Province offers 2150-2200 yuan / ton, 64% of mainstream diammonium in Shandong Province 2200-2300 yuan / ton, 64% of mainstream diammonium in Yunnan Guizhou Province 2300-2450 yuan / ton, and 64% of mainstream diammonium in Anhui Province 2200-2350 yuan / ton. 64% of mainstream diammonium in Gansu Province is priced at 2250-2400 yuan / ton. The price of 64% diammonium at the first station in Heilongjiang Province is about 2500 yuan / ton.

 

Industrial chain: since April, the domestic phosphorus ore market as a whole has continued to operate stably, the market has remained stable and consolidated, the market as a whole has almost no fluctuation, the factory continues to supply old orders, and the new single increment is still small. At present, the quotation of several major sales areas of domestic phosphorus ore is relatively stable. The price of raw sulfur fell sharply in April. On April 30, the reference price of sulfur was 513.33, down 18.09% compared with April 1 (626.67). In April, the trend of compound fertilizer enterprises was depressed, the transaction focus continued to fall, and the future situation was not optimistic.

 

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Industry: according to the price monitoring of the business agency, in April 2020, there are 39 kinds of commodities in the list of rise and fall of bulk commodity prices in the chemical industry sector, including 26 kinds of commodities with an increase rate of more than 5%, accounting for 29.2% of the number of commodities monitored in the sector; the top three commodities with an increase rate are acetone (77.02%), acrylic acid (21.76%) and hydrogenated benzene (20.86%). There are 45 kinds of commodities falling on a month on month basis, 21 kinds of commodities falling by more than 5%, accounting for 23.6% of the number of commodities monitored in the sector; the top three products falling are ethylene (- 31.64%), butadiene (- 24.14%) and hydrochloric acid (- 22.37%). This month’s average rise and fall was 0.37%.

 

3、 Future forecast

 

Analysts of business association ammonium phosphate think that in April, the raw material market of ammonium phosphate was not good, and the downstream demand was reduced, resulting in a continued downturn in the trend of ammonium phosphate. The trading volume decreased when monoammonium phosphate turned to off-season. The domestic demand for DAP decreased and gradually turned to export, with low price. It is expected that the weak trend of ammonium phosphate market will continue in the later period.

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In April 2020, the market price of hydrogenated benzene will increase by 20.86%

1、 Price trend:

 

In April 2020, the hydrogenated benzene market rose in shock. The ex factory price in North China was 2716.67 yuan / ton at the beginning of the month, and 3283.33 yuan / ton at the end of the month, with a monthly increase of 20.86%.

 

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On April 30, the hydrogenated benzene commodity index was 36.24, unchanged from yesterday, 64.47% lower than 102.01 (2014-01-09), the highest point in the cycle, and 20.84% higher than 29.99, the lowest point on April 7, 2020. (Note: cycle refers to 2013-12-01 to now).

 

2、 Market analysis:

 

Domestic market: in this month, the hydrogenation benzene market rose after following the trend of pure benzene. In the first half of this month, the market of pure benzene rebounded rapidly. Each factory raised its listing price continuously. The increase of refining prices was more significant everywhere. Under the influence of multiple favorable factors such as high market speculation, the pure benzene market rose sharply. It entered the consolidation period in the middle of this month. Since the end of 19, the hydrogenation benzene market has been plagued by cost pressure The work rate has been declining. By April this year, the work rate was less than 40%. In the middle of the year, affected by market consolidation, some enterprises resumed work, and the work rate rose to about 50%. On the 20th, crude oil fell, and the external price fell sharply. Pure benzene was easy to digest. The domestic price of pure benzene weakened. The hydrobenzene market also entered the decline channel. The downstream demand did not improve significantly, Generally speaking, although there is a small partial recovery at the end of the month, the market has not recovered significantly. By the end of the month, the market price of hydrobenzene in Shandong is still around 3000 yuan / ton.

 

Industry chain: crude oil: this month OPEC + Member States reached a joint production reduction agreement to support the oil market. However, crude oil inventory increased rapidly, while storage capacity decreased significantly, and WTI even fell to a negative value for the first time in history this month. Compared with March 31, Brent oil price in April was up $1.995/barrel, up 11.29%; WTI oil price in April was down $2.66/barrel, down 10.85%. Compared with December 31, 2019, Brent oil price decreased by 47.095 USD / barrel, or 79.54%; WTI oil price decreased by 38.92 USD / barrel, or 64.04%. Pure benzene: the port inventory of pure benzene continued to accumulate this month, but the increase decreased. After this month’s Qingming Festival holiday, the pure benzene market was affected by crude oil and external market, bottom reading rebounded, and downstream purchasing was positive, with a rebound of more than 30%. The spot supply in Shandong is tight, and the price increase is more obvious. After two weeks of hoarding, the downstream procurement speed slowed down significantly. In the late ten days, crude oil plummeted and pure benzene began to decline. Downstream products: the price of styrene in Shandong Province was 4650 yuan / ton on April 1, and 5100 yuan / ton on April 30, with a monthly increase of 9.68%. In the early stage, stimulated by favorable crude oil and supply and demand, styrene prices rose driven by rising sentiment, and the overall trading atmosphere of the market was good. In the later stage, the weak raw material surface and the restart of domestic styrene plant gradually increased, which made the situation of supply exceeding demand hard to change in a short time, and the price declined.

 

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Industry: according to the price monitoring of the business agency, in April 2020, there are 39 kinds of commodities in the list of rise and fall of bulk commodity prices in the chemical industry sector, including 26 kinds of commodities with an increase rate of more than 5%, accounting for 29.2% of the number of commodities monitored in the sector; the top three commodities with an increase rate are acetone (77.02%), acrylic acid (21.76%) and hydrogenated benzene (20.86%). There are 45 kinds of commodities falling on a month on month basis, 21 kinds of commodities falling by more than 5%, accounting for 23.6% of the number of commodities monitored in the sector; the top three products falling are ethylene (- 31.64%), butadiene (- 24.14%) and hydrochloric acid (- 22.37%). This month’s average rise and fall was 0.37%.

 

3、 Trend Forecast:

 

Many parties have also made some achievements in promoting the process of production reduction agreement. However, in the short term, it is unable to offset the negative impact of the sharp contraction of demand, and the oil market cannot get rid of the situation of excess supply and demand. Short term crude oil prices are expected to remain low. Most of the lower reaches are in the stage of inventory digestion, and the trading atmosphere in the field is light, mainly waiting for the later crude oil and the trend of the outer market. It is predicted that the future trend of hydrobenzene will be weak.

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Price of acetic anhydride soared

1、 Price trend:

 

According to the data monitoring of the business agency, the market of acetic anhydride was good in April, and the price of acetic anhydride rose sharply. As of April 30, the average price of acetic anhydride enterprises was 5475.00 yuan / ton, up 8.68% from 5037.50 yuan / ton at the beginning of the month, and down 1.05% from the same period last year. The market of vinegar VAT soared.

 

2、 Market analysis:

 

Product analysis:

 

In April, the price of acetic anhydride fluctuated and rose, the downstream enterprises of acetic anhydride started to operate stably, and the overall demand for acetic anhydride recovered. The operating rate of acetic anhydride enterprises is low. Yankuang acetic anhydride equipment resumed operation after shutdown, but the output is less and there is no inventory. The overall supply of acetic anhydride is tight. At present, the transaction price of acetic anhydride is about 5300 yuan / ton.

 

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Industry chain factor analysis:

 

It can be seen from the figure that in April, the price of acetic anhydride raw materials rose, the price of acetic acid first fell and then rose, and the overall price fluctuated and adjusted, the overall price rose, the price of raw materials rose, the overall cost of acetic anhydride rose, and the cost pressure of acetic anhydride rising market was great.

 

Date: Commodity Code: Commodity Name: quality unit: RMB

201901 39121100 unplasticized cellulose acetate in primary shape 2595544 kg 59340486

201902 39121100 unplasticized cellulose acetate in primary shape 3387866 kg 73980688

201903 39121100 unplasticized cellulose acetate in primary shape 4454994 kg 98243961

201904 39121100 unplasticized cellulose acetate in primary shape 5814613 kg 121201522

201905 39121100 unplasticized cellulose acetate in primary shape 5926025 kg 130875026

201906 39121100 unplasticized cellulose acetate in primary shape 6718366 kg 145984302

201907 39121100 unplasticized cellulose acetate in primary shape 4741812 kg 101391458

201908 39121100 unplasticized cellulose acetate in primary shape 5110281 kg 113314650

201909 39121100 unplasticized cellulose acetate in primary shape 8581000 kg 187217041

201910 39121100 unplasticized cellulose acetate in primary shape 4589317 kg 102307266

201911 39121100 unplasticized cellulose acetate in primary shape 3988693 kg 90181017

201912 39121100 unplasticized cellulose acetate in primary shape 5365234 kg 124606614

202001-02 39121100 unplasticized cellulose acetate in primary shape 5905067 kg 125920776

202003 39121100 unplasticized cellulose acetate in primary shape 4751534 kg 105883435

201901 39121200 plasticized cellulose acetate in primary shape 117315 kg 3878256

201902 39121200 plasticized cellulose acetate in primary shape 119781 kg 5238754

201903 39121200 plasticized cellulose acetate in primary shape 91437 kg 2536591

201904 39121200 plasticized cellulose acetate in primary shape 107626 kg 3533452

201905 39121200 plasticized cellulose acetate in primary shape 167594 kg 4543972

201906 39121200 plasticized cellulose acetate in primary shape 47110 kg 1729449

201907 39121200 plasticized cellulose acetate in primary shape 100323 kg 4577087

201908 39121200 plasticized cellulose acetate in primary shape 133925 kg 5406798

201909 39121200 plasticized cellulose acetate in primary shape 94565 kg 2967592

201910 39121200 plasticized cellulose acetate in primary shape 119611 kg 4653175

201911 39121200 plasticized cellulose acetate in primary shape 166432 kg 6622654

201912 39121200 plasticized cellulose acetate in primary shape 112326 kg 3613230

202001-02 39121200 primary shaped plasticized cellulose acetate 106742 kg 3733174

202003 39121200 plasticized cellulose acetate in primary shape 90601 kg 3958920

 

Gamma PGA

The import of cellulose acetate downstream of acetic anhydride was about 1800 tons from January to March, up from last year, and the demand for acetic anhydride was strong. Downstream market is good. It has a good effect on acetic anhydride.

 

3、 Future forecast:

 

According to Bai Jiaxin, acetic anhydride data analyst of business association, the raw material cost of acetic anhydride rose in April, the price of acetic acid rose sharply, the price of methanol rose in shock, and the cost of acetic anhydride was strongly supported. At the demand side, the number of downstream resumed construction increased, the enthusiasm of downstream customers for procurement increased, the demand for acetic anhydride increased steadily, and the power of acetic anhydride rising was strong. May 1 enterprises stock up, high-speed charges are imminent, logistics and transportation costs increase, acetic anhydride transportation costs increase. Overall, the market of acetic anhydride in the future is good, and it is expected that the price of acetic anhydride in the future will fluctuate and rise.

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