Chemical industry: attention to polyurethane season

A total of 38 kinds of product prices rose this week. Prices of 29 products remained unchanged from last week. Prices of 15 kinds of products fell. Compared with last week, the number of falling varieties increased slightly and the number of rising varieties decreased. This week, a total of 5 kinds of products rose by more than 5%, the largest increase in butanone, up 10.74% this week, the latest price 13,500 yuan / ton, the cumulative increase in 3 months reached 41.48%. In addition, **, international urea, caustic soda, urea prices have more than 5% increase. Glyphosate was the only product that fell more than 5% this week. The latest price was 19,500 yuan/ton, down 5.13%.
Crude oil prices showed uptrend in the uptrend. The upside momentum came mainly from the explosion at the Mexican oil plant on Tuesday and the oil spill from the Illinois oil pipeline on Friday. It finally closed at 76.45 U.S. dollars this week. We believe that oil prices have already broken through technical resistance in the near future, and the market may not rule out further increases. However, given the high crude oil inventories are still difficult to digest in the short term, and the economic outlook is still uncertain, it is unlikely that rising prices will continue. We expect there will still be demand for consolidation after the market's corrections have fallen.
Viscose is now showing signs of upward movement, with high concentration of phosphorus, potassium, rubber and polyurethane. This week 32% ion-exchange membrane caustic soda and ** continued to increase, the supply reduction caused by energy-saving power cuts and downstream demand has warmed up is the main driving force, but the product prices have been close to historical highs, limited room for further upswing, calcium carbide prices appear Rising, promoting downstream PVC prices; yellow phosphorus, ** and ** prices rose significantly, the downstream demand to give strong support for the upstream raw material prices, plus other factors affect the joint promotion of phosphorus, * up the price of basic products; methanol prices in the early rise Failed to obtain effective support for demand, this week saw significant declines, and aromatics continued to consolidate; plastic prices were mainly consolidating under the influence of crude oil prices and olefin price trends; rubber products were affected by the “golden nine silver ten” peak season effect, continuing the upward trend, but prices were high. After facing certain adjustment pressures, it is worth paying attention to whether the demand for automobile tires in the afternoon can be given strong support. In the agrochemical market, urea is rising significantly due to the reduction in energy-supply cutoff power supply and the sharp increase in external power supply. The pattern of tight supply of phosphate fertilizers is expected to continue into this year. At the end of the year, the potash fertilizer market has recently arrived in Hong Kong due to the recent import of goods, plus recent If the winter wheat phosphorus season, the overall supply and demand is stable, the market outlook with the advent of winter storage, there is a wave of market, in addition to the recent close attention to BHP Billiton's acquisition of Canadian potash company matters; polyurethane season approaching, leading to the continuation of the overall rise of related products, attention to the shortage of butanone caused In the near future, prices continue to increase. Polyester fibers in the chemical fiber market are affected by downstream power restrictions. Trends in filaments are divergent, weak consolidation is occurring, staple fibers are firm, and viscose staple fiber prices continue to rise. It is worth noting that related companies' profitability levels will improve, and the remaining varieties will maintain. smooth.