Acetate part of the data perspective in 2017, high correlation

From the 2017 market trend diagram of ethyl acetate and butyl acetate, the market trend of ethyl acetate and butyl acetate is very similar, and the trend is basically the same in each time period. January to date, the high price of acetate in August, low in May. From the chart, the January and February acetate narrow market consolidation, the market weakness down in May and June March and April acetate, acetate Market within a narrow range, a strong rise in July August, after finishing the main.

1-2 months, acetate market steady and weak operation. The lunar January has entered the twelfth lunar month, after mid month middlemen and downstream factories gradually leave the market trading atmosphere is weak; and the raw material of ethanol and n-butanol and acetic acid market sentiment is weak, discuss the market continue to benefit. But during the Nantong sea, Taixing, Jiangyin, Jiangmen, Jin Jiang rivers, Kenshin Guangxi Shintede, Dongying Yi Sheng Spring Festival has planned downtime acetate device, and not the factory inventory pressure, the market down more limited range. After the return of part of the plant, high inventory, coupled with the stop device to restart, the market supply is relatively rapid recovery, while the downstream demand is influenced by environmental impact strictly check the operating load is low, the contradiction between supply and demand under the weak market downturn acetate. But at this time, raw material glacial acetic acid market strong rally, raw material to acetate part support, acetate downward range is limited.

In 3-4, the acetate market fell rapidly. Raw material glacial acetic acid and n-butanol market decline more than, raw material ethanol market trend dull, raw material facing the acetate Market will be a drag. This time, although Shandong Yankuang Nantong Lianhai, Dongying Yi Sheng and other parts of the parking or running down the negative device, but acetate market supply remains higher than the same period last year, the market supply is abundant. And downstream demand, by the history of the most stringent environmental policy repression, the main downstream coatings, inks, adhesives and other end business development is affected, the acetate market demand is sluggish. Coupled with the industry outlook mentality and more bearish, middlemen and downstream procurement cautious, mostly with holding, holding cargo shipments kept pressure. In order to maintain shipments, some of the offering continued to be loosened and the carrier took profits. Some of the acetate production plants reported a slight loss near the cost line.

By May, the raw material acetic acid and n-butanol market both rose, acetate cost pressures continue to increase, and after the previous prices continue downward, poor plant profitability, cost pressures holding the goods very price intention is relatively strong. At this time, Jiangmen and Shandong jinyimeng Kenshin, Dongying Yi Sheng, Jiangyin rivers, Anhui Huayi and other device turns acetate parking spot market supply reduction, and some factories have export orders, short supply of local acetate partial surface and the surface tension, raw material supply support, the market rose acetate. But then raw material glacial acetic acid prices dropped substantially, the raw material trend of the acetate will be a drag. And the pre maintenance device recovery to normal operation, although jinyimeng device down the negative, all plant park, but limited to the local environmental protection, safety inspection, long-term effects of rainfall and large parts of the country, the terminal demand is limited by acetate, shipped under pressure to discuss the market heavy heart constantly loose.

In July, the domestic acetate Market rose strongly. In March, raw material ethanol, n-butanol and glacial acetic acid market, due to tight stock supply, strong gains, acetate cost pressure increased, the carrier price intention is very strong. In addition to cost pressures, Henan Shunda Nantong Lianhai, Jiangyin rivers, Guangxi Shintede, Shandong Yanzhou, Shandong jinyimeng acetate etc. device is provided with parking, market supply reduction. And acetate prices high, big dealer procurement cautious, hand supply is also limited, the main factory and middlemen supply more nervous, a cargo cover Xishou, shippers offer a series of increase. And bullish mentality, the downstream inquiry is more active, further encourage the carrying trader price intention. Under the support of raw material surface and supply and demand side, acetate Market rose strongly in june.

Since August, the domestic acetate Market has been dominated by high volatility. In July after a strong rise, the market price has been close to acetate highs for the year, while the downstream demand by local environmental protection inspection group effect is relatively low, the downstream procurement cautious, mostly just to take the goods, the market rhythm is slow, holding cargo shipments have pressure. But this high acetic acid stalemate, n-butanol fluctuated, ethanol and acetate factory stocks strong rise, too low, short-term market edged up acetate. But demand side limits, late acetate Market talks slightly loosened.