The recent domestic market price of hydroxyethyl methacrylate showed a positive push up the trend of operation, the overall supply side of the market continued to tense, the downstream end of the user is a single inquiry enthusiasm continued to improve. At present, the domestic market price of hydroxyethyl methacrylate has reached 26,500 yuan / ton, as nearly five years since the market is the highest single transaction price history. So what is the reason for the recent domestic hydroxyethyl methacrylate market to pay a high trend, and reached the history of the past five years, the highest level of it? This is mainly with the raw material market price of the positive up, with the domestic supply of hydroxyethyl methacrylate as a whole to maintain a low overall supply of imported goods is too low, the traditional sales season to come to the market, such as positive atmosphere and other factors have the most important relationship.

First of all, the recent domestic market price of hydroxyethyl methacrylate raw materials showed a high rise in the operating situation, and the overall supply of raw materials, scarce background, a difficult to find a raw material. Affected by the recent domestic market price of hydroxyethyl methacrylate continued high push up the trend.

Methacrylic acid hydroxyethyl ester raw materials are the most affected or methacrylic acid. Due to the recent environmental protection and security and other double inspection, the domestic methacrylic acid production enterprises parking maintenance frequency is, the overall supply level serious tight. Domestic methacrylic acid market continues a difficult situation. Oxyethyl methacrylate Another major raw material ethylene oxide also showed a market price continued high, and the overall supply side also showed a tight trend. As the supply of raw materials both tight, and sales prices continue to push up and other factors, the domestic production of hydroxyethyl methacrylate manufacturers have to cost under pressure to increase their offer prices.

Second, the recent domestic and international production of hydroxyethyl methacrylate market, the overall supply side is almost tight, the market is single trading level continued supply of tight supply situation. Affected by this, the market price showed positive performance trend.

Due to the recent tight supply of raw materials at home, the recent domestic production of hydroxyethyl methacrylate production load situation is relatively low level, the domestic hydroxyethyl methacrylate overall social stocks remain low. On the other hand, by the European and American regional demand continued to improve, and the United States hurricane and other factors, the domestic supply of hydroxyethyl methacrylate imports is not sufficient. And Evonik and other domestic production of hydroxyethyl methacrylate products to supply its core customers, the market supply is scarce, but also exacerbated the domestic market price of hydroxyethyl methacrylate continued to climb the atmosphere.

Third, the “gold nine silver ten” traditional sales season come, the terminal inquiry atmosphere more and more good, coupled with the supply of hydroxyethyl methacrylate market tightly, the overall market turmoil positive atmosphere.

At present, the current domestic consumption of hydroxyethyl methacrylate in the downstream consumption season, and the downstream end-user inquiry atmosphere showed a positive trend. Just need the background, the market is also a single purchase atmosphere is also showing a better trend. However, the overall supply of hydroxyethyl methacrylate in the domestic supply situation due to raw materials and other issues in a low-load operation, showing a situation of less than demand. Affected by this objective situation, the market began to become more and more rich atmosphere, the market began to show a substantial rise in the price pattern.

In summary, the current domestic market for high prices of hydroxyethyl methacrylate market prices, the overall situation is the shortage of raw materials supply, low start load, the supply is less than the demand situation and other factors.

In late August, the United States began to enter the hurricane season, under the impact of the defense, Harvey to bring the market a great destructive effect, resulting in the United States nearly a quarter of the refining capacity was forced off the assembly line, and then push Gasoline prices to two-year high, but also far away in the Pacific Asian market excited a lot.

From the charts, we can clearly see that before and after the end of August, in the United States Hurricane Harvey raging, the international toluene price level there is a clear upward, the following we have to look specifically at the international flow of toluene.

In the case of
From the arbitrage situation inside and outside the toluene disk, after entering August, arbitrage window opening degree in fact there is a gradual decline in the state, but thanks to the US hurricane brought about by the follow-up effect, August so far inside and outside the disk arbitrage window as a whole The trend of recovery, toluene inside and outside the disk arbitrage window opening trend of the gradual amplification of the situation, but because China in the second quarter of the basic environmental constraints in the shrinking stage of demand, which makes the spread of the internal and external disk is more limited The

However, from the US-Asian arbitrage activity, we can see that the long-term closure of the Asian and American arbitrage window was opened in late August, the spread was reached around $ 120, although with Harvey in the past, the two places spread Narrowed, but because of the new US Hurricane Alma already formed, the market arbitrage window thus maintained a high degree of opening.

In summary, due to the US hurricane invasion, resulting in the global price of toluene have been greatly improved, and caused a long-term closure of the Asian-American arbitrage window opened, which largely caused the market for September The domestic toluene imports may be expected to drop, and thus led to the domestic demand for toluene has not yet arrived in the occasion, they began to push the speculation and higher.

The recent domestic butanone market receding point, East China breakthrough in 9,000 yuan / ton after the achievements, in the production enterprises under the compromise under the dark down. Throughout the domestic butanone production capacity, there are still 245,000 tons / year butanone device parking, follow-up Lanzhou Petrochemical 30,000 tons / year butanone device will be parking, estimated monthly parking capacity will reach 275,000 tons / year. But the market outlook crisis also exists, Taizhou Petrochemical 80,000 tons / year butanone plant and Hebei Zhongjie 30,000 tons / year butanone device is expected to restart in October, Hunan Chemical Co., Ltd. in the export orders of sec-butyl ester after the completion of October Operating rate is expected to improve. In addition, the parking lot of Kazakhstan in September 40,000 tons / year butanone device will also be restarted in October, so in the market outlook is expected under the recent, buttone talk about loosening.

At present, the domestic butanone spot prices are high, the export is basically difficult to profit, but because the higher profits of production enterprises, the factory does not mind the export price upside down. Prior to August a large number of imported from China, butanone Europe and the United States, with Shell 90,000 tons / year ketone device restart, follow the basic to meet the supply. Although China has arbitrage space for Europe, but it is difficult to take the amount.

Downstream industry, there are some downstream costs to pass the weak, especially the existence of alternative downstream, and more to replace the raw materials, this part of the demand less limited impact on the butanone. September with Zhejiang and Shandong environmental inspection group evacuation, terminal demand has recovered, but due to the high price of methyl ethyl ketone, the downstream stocking atmosphere, and more on-demand procurement.

On the whole, under the internal and external problems, the domestic methyl ethyl ketone upside down, and reverse down. Traders are mostly reluctant to stock under the high, although the production enterprises and large dealers have a very price, but the ideal and reality gradually drifting away. The final price to the price, the market dominated the reversal.

September 8 Asian ethylene glycol market closed at 965 US dollars / ton, down $ 8 / ton compared with yesterday.

September 8, the US regional ethylene market closing price rose 20.5 US dollars / ton, FD US Gulf prices closed at 673-673 US dollars / ton.