The Price Of Domestic Propylene Market Dropped Slightly In June.

The main quotation of acrylonitrile market in China is 11340 yuan / ton, 410 yuan lower than the price at the beginning of the month, up 22.37% compared with the same period last year.

The acrylonitrile market overall declined in June.

In July, the supply of acrylonitrile market was relatively abundant. The price of acrylonitrile was maintained at 11000 yuan / ton, and the price of 1.5D*38mm acrylic staple was 14000 yuan / ton.

Conventional pure cotton yarn is relatively affordable, and some of which are used for home textile production. A factory in Shandong has quoted 24600 yuan / ton of BJC40S cash available for drifting.

The pure cotton strand is relatively general and the price is down. A C40S/2 factory in Shandong has quoted 28500 yuan / ton of Xinjiang cotton, and the actual negotiation is based on orders.

Shandong Changyi pure polyester yarn price is stable, the original white quality excellent 32S quotation 12500-15400 yuan / ton short delivery, pure black 32S quoted price 12500 yuan / ton short delivery, demand is still normal.

Pure cotton cloth presents adjustment, price basically maintains weak, and downstream goods are relatively general, some specifications of grey cloth inventory pressure slightly, the overall industrial chain inventory gradually increased process, weaving manufacturers mostly single production, purchase cotton yarn also gradually in short-term orders, the overall confidence in the late stage is poor, wait and see is mainly light.

Products: within month

Price adjustment 200-500 yuan / ton, the market is pessimistic.

Downstream acrylic fiber market demand continues to slump.

At the end of June, the closing price of acrylonitrile market in East China port was 11050 yuan / ton, down 50 yuan / ton compared with yesterday's quotation, 650 yuan / ton lower than the beginning of the month, or 5.56%.

Some acrylonitrile manufacturers in eastern China are deeply aware of inventory pressure and take the initiative to take the goods first.

By the end of June 30th, East China exported 8000 tons of acrylonitrile in June. Data show that the pressure of business holding has weakened.

During the month, Qilu Petrochemical acrylonitrile was resumed in mid June, and the supply was released, which had a certain impact on the market.

However, demand side performance is weak, businesses buy more on demand, and no good happens.

In June, the trade center of acrylonitrile was significantly affected by the trading atmosphere, and the current price tended to be stable.

According to the price tracking of the business community, the price of traders in the month is narrowly arranged, among which traders in Shandong are offering more than 11600 yuan / ton fluctuation, and Anhui traders offer more than 11500 yuan / ton.

The overall lack of buying and watching the market changes.

Industrial chain: the price of domestic propylene market in June dropped slightly.

Although the propylene market price is showing signs of recovery in the first half of the year, the demand for propylene has weakened and propylene market has been affected by the collapse of crude oil in the middle period and the blocking up of powder prices.

A slight fall.

As of June 22nd, the price of East China propylene was 6794 yuan / ton, 155 yuan lower than the price at the beginning of the week.

Propylene market has obvious momentum of increase in production, OPEC production is expected to reduce, and market confidence has been hit hard.

Until a local refinery shutdown maintenance, bad atmosphere dissipated, propylene prices and so on to increase space.

As of June 30th, the mainstream quotation of propylene market in Shandong was 6880-6950 yuan / ton, up 2.97%.

On the downstream side, the acrylic fiber industry started to decline as a whole during the month, and the sales volume of acrylonitrile plant was mediocre, and the northeast big factory planned to overhaul. Under this heavy pressure, the price of traders dropped by more than 1000 yuan per ton.

As of June 30, 2017, 1.5D*38mm acrylic fiber

The quoted price was 15441 yuan / ton, up 22.97% compared with the same period last year.

At present, Sinopec's Acrylic price has not yet been announced, and the expected reduction is already apparent.

Macro: in May, a total of 21 thousand and 980 tons of acrylonitrile feedstock were imported. This year, a total of 127 thousand and 200 tons were imported, a decrease of 18.82 over the same period last year. The average price this month is 1520.61 US dollars / ton, an increase of 64.15% over the same period last year.

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