Weekly Highlights Of Polyurethane Industry (7.14-7.18)

Raw materials market:

"Propylene oxide and polyether"

At present, the downstream demand for propylene oxide is not strong. Compared with the busy situation in the past years, this year is rather deserted.

Manufacturers interviewed by reporters said that due to the weak demand in the lower reaches and general sales, the operating rate of enterprises is relatively low.

As the price of propylene oxide market continues to decline, the market price of soft foam polyether is also falling.

PO, PPG, this pair of brothers can not be abandoned.

The sponge manufacturers interviewed said that the most important reason for their demand is not "profit".

The market of shoe sole fluid is "sitting on the mountain and watching the tiger fight".

The reporter learned from the manufacturers of large sole soles in China that the market of shoe sole raw liquid was affected by the "big shuffle" of the downstream footwear industry, but it was not enough to form an adjustment to the industry.

According to the relevant market participants, at present, the domestic shoe sole liquid production enterprises are mainly composed of large and medium-sized enterprises, and small enterprises account for a part. Therefore, the sole raw liquid market has a certain impact resistance to the downstream big exchange pfusion.

According to another introduction, in fact, the industrial adjustment of downstream footwear enterprises is not a bad thing for the sole raw liquid market. The shoe industry has eliminated backward production capacity, retaining large enterprises, making the footwear market more standardized, and is also conducive to the standardization of shoe sole fluid market sales.

Fourth quarter MDI demand depends on economic macroscopical.

According to reports, the demand for Chinese methyl two phenyl diisocyanate (MDI) after the Beijing Olympics will depend on whether the global economic climate can improve, suppliers said on Tuesday.

Earlier this year, the Chinese government implemented various economic measures to prevent the domestic economy from overheating, reducing the cash flow and profit margins of the main application sectors of MDI.

These measures also include tighter credit control and higher labour costs.

In addition, China's RMB has appreciated continuously against the US dollar. These measures have reduced the export orders from some key industries, such as fridge, shoemaking, synthetic leather and spandex, from major markets such as the United States and Europe.

MDI accounts for about 60%-70% of raw materials and the price of benzene rose by nearly $300 / ton in the two quarter, so the price of MDI basically increased by 200 US dollars / ton, "another Japanese trader said.

Market demand is low, and prices of polyurethane raw materials are upside down.

Reporters learned from the market that at present, the market price of adipic acid and BDO in polyurethane raw materials is upside down.

Market analysts told reporters that because of the rising trend of international crude oil prices, the production costs of AA and BDO were rising. Foreign suppliers increased their prices based on cost pressures. However, the domestic market situation was not satisfactory. This year, the market demand for downstream slurry, shoe bottom fluid and spandex is not optimistic. The demand for AA and BDO is also in a doldrums. The domestic market price can not meet the expectations of traders, and the price is far below the import cost of traders.

It is understood that at present, the market part of AA and BDO traders can not bear the pressure of price upside down, and have suspended trading in such products.

The price of adipic acid is difficult to boost.

This year's upstream benzene prices continued to rise, and finally in the early stage of adipic acid to increase the price of an excuse, in June rose, but the downstream manufacturers of adipic acid do not buy, demand is not strong, the actual paction is difficult to achieve the desired results.

The industry insiders interviewed said that the price of polyurethane resin raw materials is increasing, which will inevitably cause greater pressure on the cost of the factory, and the downstream factories are not interested in raw material procurement, so the price is difficult to lift.

Traders interviewed said that the inventory of large and medium sized adipic acid downstream users is ample, and small downstream users are reluctant to take the goods actively. Therefore, it is not surprising that the market is full of products such as adipic acid.

Polyether overcapacity blocked exports

At present, the production capacity of polyether in China is about 1 million 500 thousand tons, which is relatively surplus for domestic weak demand.

At the same time, under the circumstance of global economic inflation, the consumer goods market is becoming increasingly cold. Taking the United States as an example, the consumption momentum of Americans has been greatly weakened by the impact of the national subprime crisis. This directly affects the demand for polyether end products such as sponge and furniture industries, which also leads to a lack of demand for polyether.

On the one hand, the export tax rebate reduction has not been conclusive. On the other hand, domestic and international demand is weak.

For the domestic polyether industry, this year will be another "difficult period".

MDI demand is expected to grow after Olympic Games

08 after the Beijing Olympics, the lifting of the relevant national ban is expected to lead to the growth of demand for some insulation industry, thereby driving the growth of raw material aggregate MDI demand.

It is reported that traditional autumn is the hot season for heating pipe insulation and external wall insulation production and consumption. Many manufacturers are busy in the third quarter to produce thermal insulation products to meet northern winter thermal demand.

This year, due to the influence of various regulatory policies during the Olympic Games, the start up schedule of the thermal insulation industry is limited.

After the Olympic Games, some manufacturers in the thermal insulation industry took the "last train" in the third quarter, and rushed to the production.

This is likely to drive the growth of the thermal insulation industry to aggregate MDI demand.

Car market this winter, winter related polyurethane industry has not been affected.

According to the weather forecast, in summer this year, there will be another hot summer in many areas of the country. However, in the hot weather, the automobile market has encountered an unprecedented cold winter.

However, as a related industry chain of the automobile industry, the MDI market in polyurethane is not affected by the car market.

A general dealer in Shanghai sharply pointed out the contradiction between MDI and the automotive industry: "do you see manufacturers lowering production targets?"

No, it will eventually put pressure on our dealers. "

Automobile production demand has not been reduced, so that the demand for MDI has remained stable, but these pressures eventually lead to heavy burden on dealers, backlog and capital flow.

Business dynamics:

Liaoning Jinhua TDI is expected to be put into operation in October.

According to the original news, the TDI device with an annual output of 50 thousand tons will be completed in the middle of this month in the northern Liaoning Jinhua Polyurethane Co., Ltd., and will be commissioned in mid September.

Reporters learned from the northern Jinhua related departments that the plant construction is still in progress and is expected to be put into operation in October this year.

In addition, it was also reported that the construction project of the annual output of 60 thousand tons DNT production line of Liaoning Qingyang special chemical industry Co., Ltd.

The project is a joint venture between Liaoning ordnance industry group and Huludao Jinhua Group, which is a joint venture in Jinan TDI.

Silver light group stopped selling TDI to Beijing

Reporters from Gansu silver light group learned that, by the Olympic embargo, Gansu silver light group has since the end of June began to stop selling TDI to Beijing area.

The responsible person said that not only did the Beijing area stop selling TDI, but now the sales volume of the silver light group has decreased to all parts of the country.

Gansu silver light group has begun to overhaul the TDI expansion plan in early July.

The person in charge also said that when the ban was lifted, and relevant departments should inform.

How can Yantai wander and move?

As the first joint stock company to be restructured and listed in Shandong, Wanhua's sales revenue last year was 7 billion 804 million yuan and its net profit was 1 billion 481 million yuan. The products of research, development, production and sales of MDI (isocyanate), aromatic polyamine series and thermoplastic polyurethane elastomers were its main product lines, and it is also the largest MDI manufacturing enterprise in the Asia Pacific region at present.

According to the industry chain, the most important product of Yantai Wanhua's products is oil.

Its technological route is that crude oil is cracked into naphtha, then processed into pure benzene, and pure benzene is reacted with nitric acid and sulfuric acid to form aniline and produce MDI.

"As oil prices continue to rise, the cost of raw materials and energy continues to rise. This is a global problem. It is impossible for Yantai Wanhua to stay out of it."

Kou Guangwu admits.

Direct impact is not only upstream price, but also downstream customers.

Policies and regulations:

Spandex and textile industry cautiously face export tax rebate callbacks

In view of the serious impact of textile enterprises' impact on their survival, the callback of export tax rebate seems to bring vitality to the development of enterprises. However, from the viewpoint of enterprise policy and some market participants, the export tax rebate has limited effect on the rescue of spandex or textile enterprises.

It is understood from the market that many enterprises think that "a drop in the bucket" for export tax rebates is not enough to alleviate the pressure on enterprises to survive. Relevant market participants have confirmed that for textile enterprises, the volatility of the RMB exchange rate is the main factor that causes the export restrictions of textile enterprises. Some enterprises say: "now every 1.6 dollars a dollar is exported to the enterprise, and the export tax rebate rate can not offset the loss gap caused by the exchange rate."

REACH regulations have limited impact on polyurethane raw materials.

In the interview, insiders said that the REACH regulations were aimed at chemicals, including all commodities that would be used in chemical products, including household appliances, textile and clothing, footwear, toys, electronics, automobiles and pharmaceuticals.

REACH regulations have limited direct impact on polyurethane raw materials, and REACH regulations have more impact on some downstream appliances, textile and clothing, footwear and toy industries.

The registration cost of REACH regulations is expensive, which affects the competitiveness of the downstream industries of polyurethane.

REACH regulations also increase the cost of imported products, affecting downstream development.

Ministry of Public Security: dangerous goods in Olympic Games area

The Ministry of Public Security issued a circular that, from July 11th to September 30th, the whole country stopped pporting dangerous goods and hazardous wastes such as firearms, ammunition, explosives, highly toxic and radioactive substances to Beijing, Qingdao or via Beijing and Qingdao.

From July 11th to August 31st, the above dangerous goods and hazardous wastes should be pported to Tianjin, Shanghai, Qinhuangdao, Shenyang or the above areas.

During the Olympic Games, there are five special situations that must be used for the maintenance of public order, such as dangerous goods, dangerous goods for disaster relief, and so on. Transportation must be strictly examined and approved by the public security organs at or above the provincial level.

Summary of dangerous goods pportation during Olympic Games

With the approaching of the Beijing Olympic Games, the supervision of dangerous goods pportation will no doubt be strengthened gradually. Some dangerous goods will be prohibited from entering most Chinese ports in a specific period.

A notice issued by the Shanghai Maritime Safety Council on May 20, 2008 is as follows:

1, from June 15, 2008 to October 10th, the monitoring and control of dangerous goods maritime safety and pollution prevention measures will be strengthened.

2. During the period mentioned above, the vessels carrying dangerous goods shall comply with the Notice No. 275th of Shanghai Maritime Safety Administration on the safety supervision and administration of ships carrying bulk liquid dangerous goods in 2005, including restrictions on the age of vessels and the control requirements of ship types.

Ships also need to implement necessary escort measures.

Global Translation:

High tech sponge will lead to new fashion consumption.

FMXL, a well-known producer of polyurethane soft foam and advanced polymer foam, recently announced a new sponge product called Aquazone WD. The company said that the new invention will bring about a new revolution in consumption and use of sponge towing cloth after its market entry into the market. At present, this new product has been patented. Max

Fu Max International said that this new product is the perfect embodiment of the most advanced soft foam technology. So what is the magic of this Aquazone WD sponge compared with the ordinary fiber sponge mop?

First of all, it shows its beautiful appearance.

It is said that this new product can maintain a soft handle when it is wet and dry, and can still hold bright colors after repeated washing. This naturally compensates for the undurable and distorted distortion of ordinary fiber products.

Polyurethanes Australia launched excellent polyurea spray products

The two-component aliphatic polyurea spray produced by Australia polyurethane company (AustralianUrethaneSystems) is a convenient, flexible and fast curing product. It can be applied to all kinds of concrete internal walls and external walls as well as metal surface sprays.

It should be noted that Polyeuro7901 has excellent gel stability so that it can be used normally in the environment of -20 degree F, and there is no hanging current at normal temperature.

In addition, the product is extremely insensitive to moisture, humidity and temperature, and can be used normally without being restricted by ambient temperature and humidity.

This spraying process is not