1、 Price trend
Price increase of regions in early January and January 20
Zhejiang 2600-2700 yuan / ton 2800-2900 yuan / ton 7.69%
Jiangsu 2400-2500 yuan / ton 2650-2700 yuan / ton 10.42%
Shandong 2400-2500 yuan / ton 2700-2800 yuan / ton 12.5%
Henan 2300-2350 yuan / ton 2400-2450 yuan / ton 4.35%
Hebei 2500 yuan / ton 2700-2800 yuan / ton 10%
| Polyglutamic acid agricultural grade |
According to the bulk data monitoring of the business agency, after the new year, the domestic acetic acid market rose sharply, with an average price of 2483 yuan / ton at the beginning of the month and 2733 yuan / ton as of January 20. The overall increase was 10.07%.
2、 Cause analysis
Products: after entering the new year, domestic acetic acid enterprises have started smoothly as a whole. Although some enterprises have been temporarily overhauled, there is no obvious gap in the market as a whole, and the inventory in the industry is always low, and the supply of goods in the market is tight. The downstream market is affected by factors such as stock up before the festival, and the demand side supports the price of acetic acid well. In addition, the upstream methanol price remains high, which supports the price of acetic acid well in both directions Ge continued to rise, and the firm’s intention to hold up the price was good.
| Polyglutamic acid |
Industry chain: in the upstream, methanol prices are high and firm, and prices are adjusted according to their own supply and demand and the downstream stocking rhythm. At present, 2262 yuan / ton is around; domestic acetate, vinyl acetate and acetic anhydride industries are relatively light, enterprises are gradually entering the holiday, the industry is under construction, and the demand for acetic acid is gradually weak; PTA spot market negotiation atmosphere is falling, and the trading and investment atmosphere is becoming colder , terminal demand has declined, at present, it is about 4877 yuan / ton.
International: at present, the price of acetic acid in the international acetic acid market is affected by the high price of raw materials methanol, and the price of acetic acid is firm, among which the price of acetic acid in North America is about 670 US dollars / ton; the price of acetic acid in Asia is about 330-395 US dollars / ton; the price of acetic acid in Europe is about 650 euros / ton.
3、 Future forecast
According to the acetic acid analyst of business agency, although Tianjin Bohai Chemical Plant is shut down and Henan Longyu is in low negative operation at present, the market supply is still relatively stable. Near the end of the year, the market substantive negotiation has basically ended. With the completion of the downstream market parking load reduction and stock up, the demand side support is insufficient, so the acetic acid market performance is expected to be relatively cold in a short time.
| poly gamma glutamic acid |