Acetone Market Demand Is Hard To Get Substantial Leap, Phenol Low Inventory Pressure

Recently, the domestic phenol ketone market is becoming weaker, and the demand for feedback is generally low and the trading is limited. However, according to statistics, in the past two weeks, the daily output of acetone in the three reservoir area of Jiangyin was at 675-821 tons / day, but it was still at a balanced position and did not show any weakness. So what are the real factors that affect trading?

First, Lack Future market forecast. Before the industry generally believed that the 9-10 month is the peak demand for acetone, coupled with the domestic LAN-STAR Harbin 120 thousand tons / year, Gaoqiao Petrochemical area 160 thousand tons / year, Jilin Petrochemical 150 thousand tons / year, Changshu Changchun chemical 480 thousand tons / year phenol ketone plant shutdown maintenance, so the 9-10 months before the transaction is generally high. But the United States gold plate, the recent downward trend, before shipment of ocean cargo in September before 1150-1155 U.S. dollars / ton traded, then slipped to 1145 U.S. dollars / ton level, at the current stage of 1125-1130 U.S. dollars / ton negotiations, due to the lack of sincerity in buying, so no deal. Dollar The weakness of the acetone leads to the weakness of acetone. However, the environment is weak, and the lack of acetone is also a constraint to the participation of second-hand traders, which indirectly affects the delivery.

Second, the demand recovery is expected to be postponed. In the past, most industries generally believed that demand revival in September, but according to the latest round of statistics, most downstream industries still have to wait until late September. In addition, aliphatic superplasticizer is not warm enough, MIBK is limited in overall construction, while MMA price is high, but its demand for acetone is also difficult to boost. In the short term, there is no qualitative leap in acetone demand. Many adjustments are made due to the anticipation of the market, and now there is more demand for procurement and less stock.

Third, the competition of domestic goods. As we all know, with the price of phenol climbing to 12000 yuan / ton, the domestic phenol ketone factory generally has large profits. When the factory profits are good, it will not be caused by acetone. Unsalable In addition, the price reduction has become the only way to ease the pressure of shipment. Last Friday, Sinopec's price adjustment came into being. At the present stage, domestic products will not lose by 200 yuan / ton, but if the imported goods are below 8600 yuan / ton, most traders will be at a loss. Before that, China made a shipment of goods to East China. Last week, Sinopec first took the lead in reducing the quoted price (Gaoqiao Petrochemical fell 8600 yuan / ton, far below the 8700 yuan / ton negotiations in East China), but after adjusting prices, it still did not improve the pattern of slow sales of acetone, and its stock showed a slow upward trend.