In early February, the domestic chemical industry continued to show a good momentum of overall growth. Of the 68 chemical products monitored by the Business Club, the number of up products accounted for nearly 56%, of which epichlorohydrin, titanium dioxide, pure MDI, polymeric MDI, and coking benzene all increased by more than 2%. Although there has been no significant improvement in the downstream of the industry, the prices of raw materials such as petroleum and benzene have remained at high levels, and have become the main reason behind the recovery of most varieties.
According to the monitoring data, in early February, the price of mainstream products in the epichlorohydrin market rose from a minimum of RMB 12,800/ton at the beginning of the month to RMB 13,300/ton. The industry said that although the downstream procurement is still tepid, the propylene propylene propylene raw material gain close to 20% is the main reason for its price rise.
In addition, the domestic pure MDI also continued its strong upward trend in January, with the average price rising 3.83% from the end of January to reach RMB 176,000/t. In response, Jiang Wenfang, a pure MDI analyst at Business Club, believes that maintaining the high price of pure benzene as the raw material is the main reason behind the support of pure MDI prices; followed by the limited supply of goods from the market, the holders are also interested in raising prices; again, the consumer market has basically become After the resumption of work, the demand for terminals has picked up. It is expected that pure MDI products will be mainly stabilized and stabilized, and there is room for further upward movement.
Continuing concern in the industry is the steady rise in titanium dioxide prices. After the Securities Times reporter took the lead in reporting the insured price of titanium dioxide enterprises in November last year, the industry experienced a series of factors such as the continued shortage of raw material titanium concentrate. Since mid-November last year, the ex-factory price of sulfated rutile titanium dioxide has rebounded from the low price of 16,000 yuan/ton to the current RMB 20,500/ton, which is higher than 25%.
Analyst Yang Xun, an analyst with the long-term tracking business of titanium dioxide industry (100ppi.com), said that the rising price of raw material titanium concentrate is still the main factor driving titanium dioxide market. Taking the titanium concentrate of grade 46 in Panzhihua as an example, the quotation of RMB 2,150/ton to 2,200 yuan/ton (excluding tax) has increased by nearly 80% from RMB 1,200/ton to 1,250 yuan/ton in November last year, directly leading to titanium. The high price of white powder and the continued weakness in the downstream building materials industry are the major negative factors affecting the future trend of titanium dioxide.
Zhang Ming, a senior chemical industry analyst, told the Securities Times reporter that the current warming of the chemical industry mainly depends on the cost transmission caused by the rising raw material prices. Driven by the high international crude oil prices, organic chemical products have also begun to emerge out of the doldrums in the near future and have rebounded collectively. Inorganic chemicals, after experiencing a strong January, entered the adjustment period. Zhang Ming stated that the domestic industrial production capacity has not been fully released since January and it is expected that the chemical industry in the middle and late March is expected to pick up from downstream demand.
“The recent commodity market has been somewhat hot.†​​Liu Xintian, chief analyst of the business community, commented on the performance of the chemical industry in the near future. He said that in the absence of a warming demand, the optimism in the market is somewhat blind. After all, customs data in January showed that both exports and imports have experienced a decline. Based on the forecast of the economic situation in 2012 better than in 2011, speculation on petrochemical products was not rational. Liu Xintian judged that in the middle or late February, the petrochemical market as a whole may be facing adjustments, and the large varieties that have risen too quickly in the previous period will have a correction.
PCR Extraction Analyzer And Kits
PCR Extraction,PCR Test Kit,PCR Analyzer,PCR Rapid Test Kit
ZSL MED , https://www.zslmed.com