PC prices fell 500 yuan/ton at the end of the year. But after years of PC supply tension intensified, the rise of power full!
time2018/01/12
PC prices fell 500 yuan/ton at the end of the year. But after years of PC supply tension intensified, the rise of power full!
In the last two days, the PC market as a whole began to fall, at a rate of 200-500 yuan/ton.
Mainly due to the end of the year, the trader's attitude is obvious, coupled with the promulgation of logistics outage time, a number of companies will stop orders The PC will not have a big adjustment before the end of the Lunar New Year. The reason is that the supply and demand gap will increase further in 2018.
→2018 new production capacity is only 135,000 tons of luxi chemical, Wanhua Chemical 70,000 tons, new demand has 250,000 tons, the supply of tension intensified. New and planned projects should avoid the homogenization of products, should be differentiated and high-end development.
→November 2017, the Ministry of Commerce decided to import bisphenol A dumping in Thailand, the Thai PTT levy a 10.1% deposit, bisphenol A imports of Thai goods accounted for 38%. PC cost end rising;
→2017 state-made part of the ban on the import of waste plastics will be significantly reduced in 2018 years of imports of discarded PCs, this link banned renewable PC materials at least 150,000 tons, so the future demand for synthetic PC materials further growth.
→In the first half of 2017, Sabic's North American installations were declared discontinued for 2 months, adding to the overhaul of Sinopec Mitsubishi, PC prices continued to rise. Factors such as force majeure, discontinued maintenance and aging of overseas installations will have a small impact on PC supply.
→2019 Although the planned capacity to put a lot of, but given that most of the devices are "from scratch", the actual production progress is likely to be lower than expected, even if commissioning time at least a year or so, so the cycle of the boom period is expected to exceed expectations.