The price of the hottest butadiene has risen by 66

2022-08-05
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The price of butadiene has risen by 66.7% in recent two months.

since November last year, when it fell to the low level of 13500 yuan/ton, the price of butadiene has begun to rebound. Up to now, the cumulative increase has exceeded 60%. During this period, the price of butadiene in the outer disk increased by 93%. The industry believes that with the expansion of downstream capacity in the future, butadiene will face a more serious shortage of supply and demand, and the price still has room to rise

in the past year, China's butadiene price has experienced a roller coaster like market: from 16000 yuan/ton at the beginning of the year to 30000 yuan/ton in mid August, but since then it has not only fallen back to its original shape, but also hit a new low of 13500 yuan/ton in early November last year. Since late November, the price of butadiene began to rebound and exceeded 20000 yuan/ton at the end of December

up to now, Asia butadiene CFR China has increased from 15% in November last year, but is still confident to raise the price? US $50/ton rose to US $3000/ton, an increase of 93.5%; Taking Sinopec East China as an example, the ex factory price rose from 13500 yuan/ton to 22500 yuan/ton, an increase of 66.7%

"in November last year, the price of butadiene fell to the" freezing point " After that, the industry began to actively build positions. At the same time, due to the low profit of olefins, the start-up of some cracking units in Asia is reduced, resulting in the reduction of butadiene supply, which makes the market gradually higher. In January of 2012, due to abnormal supply of TPC devices in the United States, imports from the Asian market were increased, bringing strong support to the already tight market. With the cargo sold out in South Korea in February and the approaching overhaul plan of yncc and Hunan petrochemical in March, there is a strong expectation of supply tightening in the later stage, which has led to heated market speculation and fierce price rise. " Sunwenwen, butadiene analyst of Zhuo Chuang information, told this newspaper

it is learned from the industry that the demand of butadiene downstream enterprises is increasing after the operating rate has been significantly increased. For example, Fujian Fuxiang Chemical Co., Ltd. put into operation a new 50000 T/a br plant in early November last year; The alliance consists of 10 member units Gaoqiao Petrochemical 20. However, in addition to considering the mechanical properties of the parts, the operating rate of 10000 t/a ABS unit has been increased from 50%~60% to 80%. In addition, Japan will successively build and put into operation two 50000 T/a styrene butadiene rubber plants in Singapore

on the supply side, due to the shutdown and maintenance of some domestic production enterprises, the output of butadiene decreased accordingly. Among them, some butadiene units of Yangzi Petrochemical have been shut down for more than 3 months due to the shortage of raw materials

according to sunwenwen, it is said in the industry that in the first quarter and the second quarter of 2012, the United States will have 5 sets of ethylene units planned to be overhauled. With the overhaul plan of South Korea, the butadiene supply in Asia will always be in a tight situation in the first half of the year

under the circumstances of enlarged demand and tight supply, the industry believes that the price of butadiene is expected to continue to rise this year

according to the data, in november2011, China's butadiene import volume reached 28200 tons, up 45% year on year

it is also learned from Sinopec East China that the butadiene capacity is expected to increase by 910000 T/a during the 12th Five Year Plan period, while the demand for butadiene from downstream units that are about to be put into operation or have started construction will reach 1.469 million T/A. the upper level of the demand increment should be leveled, which is 161% of the supply increment

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