Raw Material Prices Rise Strongly, And The Market Of Octanol Is Good.
In May, the price of octanol increased continuously due to the increase in supply of P.
As raw propylene prices rose strongly, some octanol manufacturers could not afford high priced raw materials and reduced production load, and prices gradually stabilized.
Analysts believe that in the short term, it is difficult for the octanol to dispel the gloom and the market is hard.
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Less than P, first, the capacity is greatly increased to hit the market.
Entering the 2014, the octanol market was no improvement, and manufacturers' deficit increased.
After mid March, the market has made some good turns. Since then, there have been ups and downs. Although there has been a rise, the profit margin has not increased.
The reason for this situation is that a large number of butanol units have been put into operation.
In 2013, domestic butanol and octanol ushered in blowout growth. The annual total production capacity of butanol and octanol increased by 1 million 275 thousand tons and octanol production capacity increased by 620 thousand tons, up 50% from 2012.
In 2014, 1 million 135 thousand tons of butanol and octanol production plan was put into operation, of which octanol was about 515 thousand tons.
Such a huge capacity release exacerbated market competition, directly affecting the domestic octanol market prices.
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< p > Second, the downstream market continues to slump.
After entering the two quarter, PVC soft products such as "a target=" _blank "href=" http://www.91se91.com/ "leather" /a ", hose, cable material, plastic film and other products corresponding to the corresponding domestic demand growth is weak, export expectations are low, and domestic environmental protection policy pressure gradually increases, the terminal plastic products market actually started and consumption shows that the market has entered the off-season signs.
The largest downstream DOP enterprises once again entered a state of loss, the product sales continued to shrink and slack, and some factories started to decline, which was more pronounced than a > octanol < /a > bad pressure.
Downstream factories have a high level of conflict with octanol, so although the actual sales of major manufacturers are basically stable, there is no excessive pressure on the inventory as a whole, but prices are still forced to decline continuously.
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< p > Third, the improvement of propylene is difficult.
At present, the supply of a > Shandong < /a > has tightened up, and the domestic propylene market has risen.
The pressure on the downstream factories is heavy, and the huge losses have caused factories to face parking conditions, thus the resistance to propylene price increases is strong.
In the late supply side, the Shandong refinery plant will continue to run smoothly, and the Northeast supply will still provide downstream factories.
Hearing from the end of this month to the beginning of June, port cargo will arrive in Hong Kong, or ease the tight supply of propylene, and part of the downstream powder plant will have parking for maintenance and sale of propylene, both demand and supply are not good, propylene at the later stage or risk of downside, so the support for octanol is difficult to sustain.
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< p > fortunately, the export of octanol has greatly increased.
According to March figures, exports amounted to 2967.3 tons, showing an upward trend.
In order to digest excess capacity, domestic enterprises have been looking for opportunities to develop export channels. Although they have not yet formed a scale, they have made a good start, tentatively seeking buyers and having some real export operations.
Although this is still weak compared to the huge domestic capacity, it does not rule out good performance in the future.
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< p > above all, the octanol peak season is obviously clear.
Under the pressure of multiple negative factors, the pressure of octanol is increasing, and it is difficult to perform well.
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