Acrylic Market Continues To Be Dull And Neat.

Last week, China Acrylic fiber Market The market continued to be flat and smooth, and the settlement price of the manufacturer in July and the offer in early August remained stable, and continued to support the smooth spot talks. However, there was no significant change in downstream demand, maintaining on-demand procurement and general trading. The price of acrylic 1.5D staple is 17850 yuan / ton to 18500 yuan / ton, and the quoted price of 3D medium length is 17650 yuan / ton to 18000 yuan / ton. The foreign exchange market has a dull atmosphere in the spot market, and the price of regular acrylic products is stable, which is 2.35 US dollars / kg to 2.4 US dollars / kg (L/C90). Some of the largest negotiated price is lower than 2.35 US dollars / kg, but domestic demand is weak, and there is no good support.

According to customs data, China imported in June 2013 acrylic fibers 12927 tons, a slight increase of 0.54% in the ring ratio, 975 tons in exports, a decrease of 17.72% in the chain; the Sinopec petrochemical sales in July, the price of the acrylic products in July and the initial quotation in early August were released steadily; the sales of PetroChina East China company settled steadily in July, and the acrylic price quotation in August August was stable.

Raw materials, last week, the domestic acrylonitrile market decline slowed down, manufacturers quote temporarily stable, but downstream demand is still weak, spot trading stalemate finishing, the market outlook is still lack of support, cautious wait and see mentality remains. By the end of the week, the price of the East China port was quoted at 12100 yuan / ton to 12200 yuan / ton, and some second-hand businesses were on the high side for 12300 yuan / ton, but the turnover was still flat, and the volume was mainly in the 12100 yuan / ton area. Last week, the domestic acrylonitrile manufacturers shipped stable supply, the factory quoted price was 11500 yuan / ton to 12300 yuan / ton, production and marketing in general. Shandong market, traders sent to the spot price is 12000 yuan / ton ~ 12100 yuan / ton, some manufacturers of goods on the low side of 11900 yuan / ton.

Supply side, last week, the domestic acrylic fiber plant overall operating rate maintained at 90%, manufacturers supply stable, but due to the smooth production and marketing, inventory slightly increased, but still in the normal range, and Daqing Petrochemical early in August plan to overhaul, buyers take more goods. The crude oil market in the outer pan Market is dull. Due to weak demand, the buyer's intention to offer a lower price is low and the import volume is difficult to upgrade. However, some of the earlier shipments arrived in Hong Kong because of lower prices or some domestic demand. Generally speaking, the domestic acrylic fiber supply surface is still stable and stable, mainly made of domestic products, but there are still some low import goods affecting production and marketing, but there is no obvious impact pressure.

Demand side, last week, domestic acrylic fiber Market downstream demand is still lack of obvious good support, buyers continue to buy on demand. In the acrylic yarn market, the production and marketing trend of the manufacturers is still low, the start-up rate of the equipment is down, and some wool spinning mills are limited by order and difficulties in capital circulation. In the second half of the year or domestic sales rising, but mainly concentrated in the demand for cotton spinning acrylic yarn, the market should continue to wait and see.

Overall, last week in China Acrylic fiber Market Downstream demand is still warm, lack of obvious improvement, spot trading atmosphere in general. At the same time, as the price of raw materials and acrylonitrile weakened, the market wait-and-see mentality remained. However, from the overall supply and demand side, the production and sales of acrylic products remained stable and the production and sales of mainstream factories remained at 90% or above. Therefore, stocks remained normal. At the same time, manufacturers planned to make repairs in August, and Daqing planned to overhaul them in early August, so there was no obvious negative pressure on the market. Manufacturers made steady offers in early August and waited for domestic demand to start supporting. In the short term, the growth of expected demand is limited, and the market trend of acrylonitrile market continues to be smooth. Manufacturers should continue to maintain stable production and marketing.