August 21, 2018, New Light Industries Ltd. Release PBT price Increase notice: Today, PBT full range of the increase of 800 yuan/ton This is after the Changchun chemical company two times PBT price, but also a manufacturer issued about the PBT adjustment letter..
Reasons are upstream raw materials continue to rise, especially the PTA price inflation, resulting in PBT production costs continue to rise.
Engineering Plastics Market
1, PA6: Cost support, high operation
Upstream Caprolactam Market is firmly operating, polymerization plant costs under pressure heavier, low price reluctant.
Impact factors:
Pure benzene market price high volatility, caprolactam manufacturers cost surface support to maintain high, downstream slicing market demand is stable, the supply is still slightly tight, the manufacturers confidence, and continue to maintain high stability of the city, east China Caprolactam Market in a narrow range finishing.
Future forecast:
The short-term PA6 market is expected to be stabilized.
2, PA66: High price of goods, cautious follow-up Domestic PA66 Slice market continues to tighten the situation of high price.
The spot supply is still not ample, the price of the bearer is more confusing.
Impact factors:
East China Adipic acid high stalemate, message surface stimulation of the downstream demand for a limited boost, lower buying atmosphere.
Future forecast:
The short-term PA66 market is expected to run unchanged.
3, PC: Continuing weak finishing Domestic PC business mentality of the weak continuation of the South China market continues to decline, the East China markets cautious wait and see, market offer slightly stable, but the real single negotiations still have some space.
Jiaxing emperor of South China fell 1300 yuan/ton.
Impact factors:
Bisphenol A in the domestic market to negotiate the center of gravity up the operation, the field of shippers lower the intention to reduce the initiative to offer a few, some middlemen and downstream epoxy resin inquiries to fill the position, the market exchange atmosphere has improved.
Future forecast:
PC market is expected to continue the weak finishing.
4, PMMA: Market light, stocking cautious East China PMMA market performance light, downstream stock cautious, big single rarely heard.
There are many concessions in the real deal, the actual transaction to negotiate as prevail.
Impact factors:
East China MMA Trade Market center of gravity sinks, demand surface performance is still light, just need to buy a few.
Future forecast:
PMMA Market is expected to continue to stabilize.
5, POM: Market stability, a general deal
Domestic POM Market price stability, the downstream just need to purchase, trading general.
Impact factors:
Methanol market at the beginning of the week wait and see finishing.
Future forecast:
The recent POM market is expected to continue to operate in a weak vibration.
General Plastics Market
1, PP: Futures weakening, weak finishing
Domestic pp Market weak adjustment.
Impact factors: Petrochemical plant price part of the downward, cost support slightly weakened. Futures early trading after the shock lower, confidence in the market to form a certain blow. Weak collation of the market, the traders quoted part of a small loosening.
Downstream factories on-demand procurement, the firm focused on a single talk, exchange and investment atmosphere insipid.
Future forecast:
The PP market is expected to continue the weak finishing.
2, PE: Petrochemical Price reduction, market bias Domestic PE market price continued to decline.
Eastern part of the linear and high pressure fell 50-100 yuan/ton, low pressure part of the hollow and injection molding fell 50 yuan/ton; South China part of the linear and high pressure fell 50 yuan/ton;
Impact factors: Linear futures higher volatility decline, contusion and investment atmosphere, coupled with some petrochemical continue to reduce prices, the market is empty, businesses continue to accompany with the fall.
The terminal replenishment position is weak, the firm deal talks.
Future forecast:
The domestic PE market is expected to continue to weaken.
3, ABS: Continue to move down, not enough to buy gas
As a result of weak fundamentals, the domestic ABS market continues to shock lower.
Impact factors: Upstream raw materials market no lack of bright spots, ABS spot demand is insufficient, buying see light or empty expected concentration, the market talks difficult to improve. South China market overall investment flat, only a small amount of space demand support, business cautious trader. East China market quiet atmosphere, the middleman and the hand business confidence is difficult to vibration, most of the selling plate to maintain digest inventory, firm offer a slightly flexible negotiation price.
Future forecast : Short-term ABS market weak finishing trend is difficult to reverse.
4, PS: Ignoring costs, fatigue is difficult to change
The domestic PS market ignores the cost to the good drive, the market price continues to stabilize in the downward line.
Impact factors: Morning raw materials Styrene high shock, the cost of support is still strong, stimulate a few buyers to seek supply, sporadic speculative disk visible. But the high price deal is blocked, the traders helplessly let go single. Afternoon costs weakened, PS market trading rhythm again slowed, the field watching mood heating up.
Future forecast:
Expected short-term PS market or will continue to low.
5, PVC: Futures downward, the exchange of general
Domestic PVC Market Weak finishing, futures continue to go down, spot trading poor.
Impact factors: Futures weak shocks, east China PVC Market center of gravity a small move down, some of the price of shipments, the market high and low price difference, the price of lower prices, the deal is fair.
The majority of the downstream wait and see, part of the low amount just need to replenishment, but the overall exchange of tepid.
Future forecast:
Domestic PVC market is expected to operate consolidation.
6, EVA: Narrow shocks, weak trading
Eva price of domestic market big steady small move, the market deal atmosphere insipid.
Impact factors: High-price of production enterprises to arrange the market temporary support.
The terminal factory demand is insufficient, the business market enthusiasm is not high, the sale holds the resistance, the price focuses on a single talk.
Future forecast:
Expected Eva price or high level finishing. The letter of the Raise! New Light PBT up 800 yuan/ton! PC hurts 1300 yuan/ton!