Recently, the trade war between China and the United States was overcast and chemical products bear the brunt of the first card the two sides played. In April, the environmental protection tax was formally established. The storm of environmental supervision became increasingly fierce. The deadline for the closure of hazardous chemicals companies was approaching, making chemical industry Product prices usher in a wave of new rising tide!
MMA rises!
MMA is an organic compound, also known as MMA. It is an important chemical raw material. It is a monomer for the production of transparent plastic polymethyl methacrylate (PMMA), which is mainly used for the manufacture of organic glass. Coatings, auxiliaries, resins, etc. The reason for the limited import of foreign waste is that the overall supply surface for recycling cracked materials through recycling of foreign wastes tends to collapse, and raw materials are difficult to find, leading to increased tension in the market for cracked materials.
Due to the high market price of cracked materials and the continuous shortage of supply, more and more downstream producers of cracked materials purchased on the subjective level began to increase the purchase of methyl methacrylate. The MMA market was hot.
It is understood that the domestic market price of methyl methacrylate has continued to rise in recent years, and the overall supply level is extremely tight. In the context of tight supply, the major domestic manufacturers have reportedly reluctantly sold their goods. Recently, the domestic mainstream price of methyl methacrylate has reached high prices. Climbing to 25300-25500 yuan/ton, high-end transaction prices in some regions have been consolidated to 26,000 yuan/ton, the mainstream market in East China market is 24,500-25,000 yuan/ton, and the market in South China market is 25,000 to 25,500 yuan/ton, and the market price has been renewed. A new historical high.
Due to the shutdown of domestic methyl methacrylate production enterprises and downstream terminal sales entering the busy season from April to May, it is expected that the overall market supply of methyl methacrylate will be tense, and the overall supply may be insufficient.
Additives rise!
The market feedback, due to the recent surge in methyl methacrylate, in the field of related additives, the high market price of methyl methacrylate products is very surprisingly fast. A distributor of additives said that the recent brightener 701, benzoin, Matting agents all have different degrees of increase, in which brighteners rose 2,500 yuan / ton, the current offer in the 24400 yuan -25000 yuan / ton. Matting agent rose 3,000 yuan / ton, due to the small amount of business, units in kg Calculated, the total rose by 3 yuan/kg. At present, indoor physical matting agent quoted at 42,000 yuan / ton, outdoor physical matting agent to sell 55,000 yuan / ton, even if these additives rose, still does not reduce market demand Enthusiasm, the prices of various auxiliaries all rebounded with the increase of MMA.
Epoxy resin up!
Downstream applications of methyl methacrylate, such as environment-friendly coating resins, have also shown different degrees of growth.
On April 11, most of the epoxy resins in Huangshan District were raised by RMB200-700/tonne. As of April 11, the liquid epoxy resin price in East China was quoted at 19300-20000 yuan/ton, solid epoxy resin prices For the 16500-17000 yuan / ton. One inverse quarterly downward trend, the recent trend of bottoming out.
Nylon 66 rises!
Affected by rising raw material costs and tight supply, BASF began to increase PA66 by US$300/ton (RMB1880/ton) on April 15. It is reported that due to improvement in supply and demand in the industry, the domestic PA66 market has increased its price since February of this year. 14%, up to 43% since 2017.
PA66 is mainly used in the field of chemical fiber and engineering plastics. It is synthesized from hexamethylenediamine and adipic acid with the preparation of nylon 66 salt. The raw material hexanediamine is obtained from the hydrogenation of adiponitrile. Due to the production process of the core raw material adiponitrile, from INVISTA The international giants such as Solvay and Austere have taken control, so domestic companies have not massively expanded PA66 production capacity. For domestic companies, only Shenma Group (600810), Huafeng and Guorui have polymerization capabilities, with a total capacity of 325,000 tons. Among them, Shenma Group (600810) and Guorui possess the capacity of hydrogenation of adiponitrile to produce hexamethylenediamine, while Huafeng requires outsourcing of hexamethylenediamine.
Dye rises!
Huntsman Company issued a notice that due to the increase in production costs, only part of the increased costs could be allocated to customers. Otherwise, production would not be able to continue. The direct price hike will come! After the price increase, the new price policy will take effect on April 8, 2018.
Giants in April price increases include but are not limited to: BASF, Clariant, Eastman, Kansai Coatings, AkzoNobel, Nippon, Axalta, Arkema, Lyondell Basel...
A variety of factors are superimposed, chemical products prices really have to go through 'gold three silver four'? Did not rise, to rise and have risen are affected by chemical fragile small heart.