Organic chemicals usher in the purchase season

With the arrival of the third quarter, organic chemicals ushered in the traditional procurement season. In addition, international crude oil has remained at more than US$100/barrel in the past two months, forming effective cost support for chemical products, and laying a good start for the arrival of “Jin 9 Silver 10” in the chemical market.

According to the business social price monitoring, among the 68 price rises and falls of the Industrial and Commercial Bank, the rising 18 products are all organic chemical products except for **, and the increase has generally increased compared with the previous week. The down channel has been chemical fertilizers and fluorine chemicals. Bromine chemical products occupy. Analysts believe that in August the domestic chemical market will have a slight shock adjustment, but the magnitude of the shock is not enough to affect the arrival of gold nine silver ten.

As the direct downstream of crude oil, international crude oil has been surpassing US$100/barrel for more than two months, providing sufficient cost support for organic plates, and organic products such as phenol, propylene, propane and propylene oxide have risen. However, the business community chemical industry analyst Zhang Ming said that many products have narrowed the upside, ethylene oxide, phthalic anhydride, **** and other products have shown signs of recovery, aniline, ** and other products have gradually stabilized. Zhang Ming predicts that the trend will be dominated by demand in the later period under the circumstances that the cost will be depleted.

The pesticide sector is also one of the chemical sectors that have recently performed well. Among them, glyphosate is the star product of the chemical market in the first half of the year. Data shows that in the last month, the price of this product has risen from 37,600 yuan/ton to 40,000 yuan/ton or more, an increase of up to 7%. It is understood that at present, 90% of China's glyphosate is used for export. With the large increase in the planting area of ​​genetically modified crops in South America, the international market demand has driven it to soar in price in just one month.

In addition, the continued high temperatures throughout the country this year have given a boost to the refrigerant industry. It is understood that in August, the refrigerant R22 industry operating rate remained at 80%, inventory from 40,000 tons in July to the current 30,000 tons, the refrigerant R134a industry operating rate is less than 40%, inventory from July 25,000 tons dropped to the current 20,000 tons. However, the market price of raw materials hydrofluoric acid, ****, trichloroethylene continued to decline, making the market outlook for the refrigerant market is not optimistic. Zhang Ming predicted that the demand for maintenance refrigerants in the air-conditioning and automotive industries will increase, but its overall demand remains weak.