Chemical products prices and spreads upward

daily chemical industry boom, this year, the trend is still good, optimistic about the industry of chemical products.

The next period of time, the development trend of basic chemical industry for:

(1) WTI oil prices expected volatility in the vicinity of 40-50 dollars / barrel;

(2) the price of crude oil price fluctuations with most chemicals, fine chemicals prices relatively stable, the supply side pattern of good chemicals still has the independent market;

(3) the reform of the supply side, attention capacity could be permanently retired chemical sub sectors; environmental protection in some areas of concern the tighter the impact on the industry;

(4) substantial downstream demand recovery remains to be seen.

Chemical products prices and spreads upward

(a) crude oil, coal, cotton, rubber prices rose steadily

(two) chemicals prices upward in the 231 products we follow in this week and last week than the 114 kinds of product prices, 87 kinds of products, stable prices, product prices fell 30, the number of three products accounted for a total number of 49%, 38% and 13% products. Large increases in the cost of products include: domestic coated vitamin C (VC) (23%), China (20.7%), vitamin K3, natural latex (16.6%), Daqing (11.1%), crude oil (11%), polymerization of MDI salt (10.5%), (10.5%), Cinta crude natural rubber (9.6%), benzene (8.7%) NYMEX, natural gas (8.7%), (8.2%), caprolactam (8.1% PA6), glycine (8.1%). Large decline in the prices of products include: International phosphate rock (-8.9%).

(three) the profitability of chemicals in our upstream tracking 43 products spread, compared with last week: 23 products price spreads, 4 products spread smoothly, 16 kinds of product spreads narrow, three types of products, the number accounted for 53%, 9% and 37%. The larger the spread between the price of products: maleic anhydride BDO (54.1%), PTA (49.1%), (23%), calcium carbide BDO polymerization of MDI (15.2%), phosphorus (12.3%), gas from urea (11.4%). The larger the narrowing of the spread of products: adipic acid (-245.2%) and polyurethane (-135.8%), calcium carbide PVC (-19.3%), polyester staple fiber (-17.2%), sodium tripolyphosphate (-13.7%).