Epoxy curing agent Market It is not easy to go up in the adipic acid market

It is not easy to go up in the adipic acid market

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According to Tiantian Chemical Network, the current domestic adipic acid market is running stably, and most of the offers from the holders follow the market. The reference quotation in East China is 10,400-10,700 yuan/ton.


In 2017, the average price of adipic acid after the festival was around 10,400 yuan/ton, and the profit was 1,725-1,850 yuan/ton; while in 2018, the average price of adipic acid after the festival was 10,600 yuan/ton, and the profit margin was referenced at 1,125-1,125- 1175 yuan / ton. Among them, the market price remained stable, while the profit margin decreased by 35% year-on-year, mainly due to the fact that the cost of raw material pure benzene this year was significantly higher than that of the same period last year by 500-600 yuan/ton. The cost aspect is the main concern of relevant industry players.





Recent situation of pure benzene, the main raw material of adipic acid: the high-end quotation of pure benzene in Shandong area has been lowered, and the mainstream negotiation reference is 6830-6950 yuan/ton. The local hydrogenated benzene reference is 6700-6800 yuan/ton. The supply is relatively concentrated, the downstream buying momentum is not strong, and the external atmosphere is weak, there is a wait-and-see mood in the market, and the order negotiation is temporarily maintained at 6,700-6,800 yuan/ton. Affected by the falling price of US dollars and the weakening of downstream styrene, the buying price of pure benzene in East China is low today, referring to 6,800 yuan/ton for self-collection. The next offer in October is 6900-6950 yuan / ton. Crude oil has picked up, and the external atmosphere is weak, but the holders still have no willingness to ship at low prices, and it is expected to consolidate in the near future.


The supply of adipic acid market has been relatively stable in the near future, and most of the manufacturers’ devices are operating normally at a relatively high load. Shandong Hualu Hengsheng has heard that there is an overhaul plan in late October; a 70,000-ton device in Shandong Hongye has not yet restarted; the overall manufacturer’s operating load Maintained at 60-70%.


From the demand side: PUslurry, sole liquid The market conditions in terminal fields such as are average, and the year-on-year comparison is relatively cold. The volume of terminal orders is average, and the consumption of raw materials is limited. The overall performance cannot yet play a certain role in promoting adipic acid.


The editor’s market outlook: “Golden September and Silver October” has finally become a legend, and how to grasp the last quarter of 2018 is the key. The future market of raw material pure benzene mainly depends on crude oil, and the cost pressure of adipic acid will continue to exist. The downstream market is limited due to many factors, and the PA66 market is mostly at a high level, and the industry also chooses to purchase rigidly. The polyester polyol market has heard that transactions are relatively cold, and there is a possibility of a downturn. In short, the demand side of adipic acid has limited support, and it is not easy for the market to continue to rise.

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This article is from the Internet, does not represent the position of Epoxy curing agent, reproduced please specify the source.https://www.dmp-30.vip/archives/7942

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