Cyclopropane is expected to rise to 12,000 yuan/ton in March?

Supply side:

2There are many maintenance, technical improvement, Load reduction operations, including nine sets of plants including Jishen, Qixiang Tengda, Jiangsu Yida, Weixing Petrochemical, Tianjin Sanpec, Zhenhai Liande, etc., involved 1.687 million tons of production capacity, and the total capacity utilization rate of cyclopropane in February was about About 60% of the total, and the synchronous maintenance of peripheral devices led to a sharp reduction in imports of cyclopropane, and the overall supply of cyclopropane was tight. The specific operating conditions of each cyclopropane plant are as follows:

demand side

2 issued by the National Bureau of Statistics According to the monthly manufacturing PMI data, the improvement on the production side is more obvious. The index increased by 6.9 percentage points from the previous month to 56.7%, which shows that after getting rid of the influence of the epidemic and the Spring Festival factors, my country’s production activities are accelerating to pick up. Cyclopropane terminals are gradually recovering, and the order follow-up situation has improved compared with January. In addition, the profit of chlorohydrin method cyclopropane continues to narrow, and the cost plus supply is good support. Cyclopropane continues to rise. So far, Shandong and North China are the mainstream The market generally shows that the ex-factory price is 11100-11200 yuan / ton.

Forecast

March, when all things recover, is coming , The downstream of polyurethane has also been placed with new hopes, and the confidence of the industry has been significantly boosted. With the continuous development of exhibitions in various places and the incentives of local consumption policies, the demand is expected to be further released. Coupled with the approach of the National Two Sessions, many places have issued control measures for the production and transportation of hazardous chemicals. At that time, the supply of polyurethane raw materials will be more or less affected. It is expected that cyclopropane will fluctuate around 12,000 yuan/ton.