February 20Th Morning Market Report: Acrylonitrile Main Manufacturers Offer Lower Prices
1. concerns
Sinopec sold North China and East China company in February, the quotation reduced by 500 yuan / ton to execute 9500 yuan / ton; Shandong Hai Jiang parking, Anqing Petrochemical 6-7 load; Jilin Petrochemical one line overhaul; acrylic and ABS partial factory production reduction.
2. basic data
Source: lung Chung
3. price list
industry | product | Area / unit | February 18th | February 19th | Ups and downs | Ups and downs |
Acrylic fibres | acrylonitrile | East China port (yuan / ton) | Nine thousand and six hundred | Nine thousand and six hundred | Zero | 0% |
Shandong market (yuan / ton) | Nine thousand and six hundred | Nine thousand and six hundred | Zero | 0% | ||
CFR Far East (US $/ ton) | One thousand three hundred and thirty | One thousand three hundred and thirty | Zero | 0% | ||
Acrylic fibres | 1.5D*38 (yuan / ton) | Fourteen thousand and one hundred | Fourteen thousand and one hundred | Zero | 0% | |
3D normal (yuan / ton) | Fifteen thousand and six hundred | Fifteen thousand and six hundred | Zero | 0% | ||
propylene | Yesterday, Shandong propylene market continued to rally, and the mainstream traded 6200 yuan / ton. Because the early production enterprises have more parking devices, the supply of goods is reduced. At the same time, with the gradual recovery of logistics transportation and terminal enterprises, the downstream factories' enthusiasm for raw material procurement has been enhanced, and the shipment of production enterprises is relatively smooth, and the offer continues to push up. | |||||
crude oil | 2/19: US sanctions against Russia's oil company's subsidiary, Libya's crude oil supply is facing contraction risk, coupled with the improvement of public health factors, the international oil price seven continued to rise. WTI53.29 rose 1.24 US dollars / barrel; Brent 59.12 increased 1.37 US dollars / barrel. | |||||
Source: lung Chung
4. suggestion
The main manufacturers of acrylonitrile have all lowered their quotations, and the industry estimated the level of settlement in February or 9500-9600 yuan / ton. Downstream factories continue to cut production, SMEs return to work slowly, market buying is still scarce, supply and demand contradictions are still not alleviated. Middlemen did not offer to continue to follow the trend of manufacturers.
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