What's behind a nearly 100% one-day jump in propylene?
the weekend two days, for olefin people too crazy fantasy!
the weekend two days, I received a call about 460 friends, Saturday is help to buy goods, how much money can be; Sunday is to help sell goods, can be cheaper than the factory.
macro accumulative total more than 1.84 million confirmed cases, global public health problem intensified
as of Beijing time on April 13, 6, A total of 184,093 cases and 113,672 deaths have been confirmed worldwide.
in the United States and parts of Europe epidemic is still severe, the United States ""Roosevelt"" carrier has amounted to 550 cases of confirmed cases; Spain will welcome some of the resumption of work, but still implement strict control measures; Britain's prime minister has been discharged from hospital and will recuperate before returning to government. In the face of the social and economic impact of the pandemic, countries continue to step up measures.
with the mask machine construction, the demand for cloth getting to the top. Because most of the new mask machines are people outside the industry, and the tension of melt-blown cloth makes mask factories rely on the ""circle of friends"" model to buy, and the superposition of purchasing power releases the relatively tense melt-blown cloth has been stable at 300,000-500,000 yuan. The high level of melt-blown cloth makes the new cloth factory turn part of the demand to fiber material, Secco became the representative of wealth in April, and a car s2040 can bring up to 2 million profits.
as Marx's ""das kapital"", if there are 10% of the profits, capital will guarantee is used everywhere; With 20% profit, capital can be active; With 50% profit, capital will take risks; For 100% profit, capital dares to trample all human laws. With a profit of more than 300%, capital dares to commit any crime, even to risk being hanged.""
part of propylene jumped nearly 100% in a single enterprise, appeared behind
in polypropylene powder deeply hurt the heart of the propylene plant Propylene also rose 5000 yuan/ton on Sunday. The mainstream price of propylene in Shandong skyrocketed from 5,900-6,000 yuan/ton on April 10 to 8,000 yuan/ton on April 12, with a price difference of 2,050 yuan/ton, an increase of 34.5 percent. On April 12, the latest price of propylene such as Shandong Changyi Petrochemical Co., Ltd. skyrocketed, rising 5,000 yuan/ton to 12,000 yuan/ton.
affected by the global outbreak of masks in short supply, the main propylene downstream polypropylene mask material fiber expected surge in demand, the Chinese petrochemical enterprises to actively turn high melting fiber material, other types of yield sharp contractions, Even the original application of a wide range of wire drawing materials recently reduced production significantly.
In the same period, the market concentrated on a lot of small meltblowout line devices, the demand for high-melt fiber material soared, the price of fiber material rose rapidly, and further drove the polypropylene market high, and other brands of products are also short-term supply shortage.
Shandong polypropylene powder market since No. 10 7100-10000 yuan/ton soared to No. 12 13000-15000 yuan/ton, polypropylene production enterprises to start the load rapidly increased, the demand for raw material propylene surge, strong pull the price of propylene all the way up.
although propylene is father of polypropylene. Behind the rise of propylene, other downstream product profits into the overall loss state.
according to the market price of 8000 yuan, the second son of epoxy propane losses of 550 yuan/ton; Twin sister n-butanol loss 1650 yuan/ton; Twin sister octanol loss 1800 yuan/ton; Acrylonitrile probability is charged to send, the loss of 4200 yuan/ton.
In the face of the skyrocketing price of propylene, downstream factories began a hunger strike to show dissatisfaction. Propylene oxide: Jinling device down to 5%, Xinyue down to 5-6%, Shida Shenghua plans to stop. Butanoctyl alcohol: Hualu Hengsheng has stopped for maintenance since 9th, Luxi Chemical temporarily maintains a line of production, Jianlan device stops, Lianyi Refining and Chemical to reduce the negative operation. Acrylonitrile: Haili negative operation, saving the parking expectation. Acetone phenol: Lihua Yiwei yuan negative to 60%.
Of course, the older sons are still at full capacity.
with continuous changes of supply and demand, price of propylene center of gravity will also transform, phase of the basic no steady market price. We need to get used to all the magic in 2020, including the big ups and downs of propylene. In addition, we will wait and see where the lies and interest representatives in the market will lead propene.
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