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February 20Th Morning Market Report: Acrylonitrile Main Manufacturers Offer Lower Prices

2020/2/20 10:59:00 157

Acrylonitrile Quotation

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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