Recently, the circulated supply of butadiene market is limited, and the supplier's price has increased wildly! The rally is like a rainbow!
On July 12, Sinopec North China Sales Company raised the butadiene price of Sinopec (Tianjin Ethylene) by 500 yuan/ton; Sinopec Central China Sales Company raised the butadiene price of Wuhan Petrochemical by 500 yuan/ton; Sinopec East China Sales Company raised Shanghai Petrochemical, Zhenhai Refinery and Yangzi Petrochemical butadiene prices increased by 500 yuan/ton; Sinopec South China Sales Company butadiene prices increased by 500 yuan/ton;
On July 12, Jiangsu Sierbang Petrochemical's 100,000 tons/year butadiene oxidative dehydrogenation unit was operating stably, and a small amount was exported. The listed price was raised by 800 yuan/ton to 10,800 yuan/ton;
On July 12, Yantai Wanhua Chemical’s butadiene plant was operating normally, and today’s listing price was raised by 1,000 yuan/ton to 11,000 yuan/ton;
On July 12, the 200,000-ton/year butadiene extraction unit of Zhejiang Petrochemical (Phase I) was operating stably, and the source supply contract, and the listed price was raised 700 yuan/ton to 10,000 yuan/ton.
Affected by the export of goods sources and the delay in the production of new devices, the domestic butadiene market has a positive support for the supply side, and the market has limited circulating supply. The short-term bullish expectation boosts the downstream follow-up. Under the strong support of short-term supply, the short-term butadiene market is expected Or will continue the firm trend!
Boosted by this, downstream ABS prices recovered across the board. In addition, Jilin Chemical's equipment continues to be overhauled, and there are not many supplies in the market, and the supply is tight. There is demand for goods in the terminal, and the market price has risen sharply, generally rising by 100-300 yuan/ton.
In addition, many other raw material manufacturers such as MDI, MMA, DMF, BDO, etc. will not offer prices!
The domestic supply of MDI is tight, and the main distributors will not report. South Korea’s Kumho manufacturer completed the sales of aggregated MDI sources in July and closed the Chinese market.
The domestic dimethyl carbonate market is pushing up, and most factories do not offer quotations.
50% of Jilin Petrochemical’s 200,000-ton/year acetone cyanohydrin MMA unit is in operation, and the listing price in East China will not be reported.
The BDO spot market in South China has no supply and weak offers. Xinjiang Cathay Pacific BDO mainly delivers contract orders, and there is no spot quotation for the time being; Shaanxi Ronghe BDO has no spot quotation for the time being. Sichuan Tianhua BDO is mainly used by downstream PTMEG and GBL, and it is not quoted. Fu Chemical Trade (Fujian Meizhou Bay) BDO is mainly for self-use, and there is no external offer. Yizheng Dalian BDO mainly supplies long-term contract orders, and is temporarily not quoting.
Yangmei Pingyuan Chemical Co., Ltd. does not offer urea for the time being; Shandong Jinmei Mingshui Chemical Group Co., Ltd. does not offer urea for small particles; Anhui Red Sifang does not accept orders for the time being.
Yangzi Petrochemical MTBE does not offer quotations and currently has no export sales. Dushanzi Tianli High-tech MTBE Yinchuan Warehouse and Chengdu Warehouse are out of stock, and they are not quoted. They are mainly supplied to Sinopec and PetroChina.
Anhui Tianchen's chlor-alkali PVC paste resin was temporarily sealed, and Shenyang Chemical's PVC paste resin was temporarily sealed.
It is not difficult to find that many chemical and plastic product manufacturers have increased their prices sharply, did not offer quotations, or suspended orders. This situation is mostly caused by the short supply of products. Under the tight supply, raw material prices are difficult to fall.
