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In recent days, the price of polyvinyl alcohol has been increasing. Domestic major markets such as East China and other regions have risen to 14,700 to 14,800 yuan per ton, and in some regions, they have exceeded the 15,000 yuan per ton mark, setting a market sales price for this year. The highest position.
This year, the trend of the polyvinyl alcohol market is relatively flat. Although the market has a certain rise after the Spring Festival, the increase in the ton price from 400 to 500 yuan is relatively unremarkable compared with the price that easily rose by 1,000 to 2,000 yuan after the previous year. After the short-term increase, the market was constrained by the flat demand from the downstream, and the price dropped by around RMB 200/t. From March to May, PVA was finished in the area of ​​13,200-13,300 yuan/ton. In the latter part of May, there was a slight rebound in the PVA market. The market price returned to 13500-13600 yuan/ton, after which the market was on this platform. Narrow oscillations. Until late August, the price of polyvinyl alcohol successfully climbed to the 14,000 yuan/ton mark, followed by a modest increase of 200 to 400 yuan/ton, and the market price before the National Day reached 14,200 to 14,400 yuan/ton.
The overall trend of the domestic polyvinyl alcohol market this year is stronger than that of the previous year. At the beginning of the year, the opening price of 12,800 to 12,900 yuan/ton was 800 to 900 yuan higher than the same period of the previous year. Although the market performance was very moderate afterwards, the current large-scale upswing finally made the market quotation exceed the height of the previous year.
It is understood that the reasons for the dramatic increase in the PVA market are mainly the following:
The first is the increase in cost. This year's oil price has risen to a high of US$75/barrel, which has driven up the price of raw materials such as natural gas. At the same time, the rise in oil prices has led to an increase in transportation prices, which has increased the production cost of PVA, and manufacturers have only to keep up the prices of their products. Normal production profits.
Second, the overall price of chemical products has risen. This year, the prices of chemical products have generally risen, and many varieties have set record highs, such as triphenyl, phthalic anhydride, and methanol. The overall price level has raised a certain pulling effect on polyvinyl alcohol.
The third is the reduction in output. Due to the rapid increase in demand, the supply of natural gas is very tight this year, and the gas supply department has reduced the amount of gas used by industrial users. As a result, domestic polyvinyl alcohol production plants using natural gas as raw materials are under-employed, and the market supply is relatively insufficient.
Due to the relatively clear market fundamentals, the polyvinyl alcohol market will continue its strong operation in the near future. However, due to the price increase and the stagflation of direct raw material vinyl acetate has a pull force on polyvinyl alcohol, the upside for the market outlook will not be too large.
This year, the trend of the polyvinyl alcohol market is relatively flat. Although the market has a certain rise after the Spring Festival, the increase in the ton price from 400 to 500 yuan is relatively unremarkable compared with the price that easily rose by 1,000 to 2,000 yuan after the previous year. After the short-term increase, the market was constrained by the flat demand from the downstream, and the price dropped by around RMB 200/t. From March to May, PVA was finished in the area of ​​13,200-13,300 yuan/ton. In the latter part of May, there was a slight rebound in the PVA market. The market price returned to 13500-13600 yuan/ton, after which the market was on this platform. Narrow oscillations. Until late August, the price of polyvinyl alcohol successfully climbed to the 14,000 yuan/ton mark, followed by a modest increase of 200 to 400 yuan/ton, and the market price before the National Day reached 14,200 to 14,400 yuan/ton.
The overall trend of the domestic polyvinyl alcohol market this year is stronger than that of the previous year. At the beginning of the year, the opening price of 12,800 to 12,900 yuan/ton was 800 to 900 yuan higher than the same period of the previous year. Although the market performance was very moderate afterwards, the current large-scale upswing finally made the market quotation exceed the height of the previous year.
It is understood that the reasons for the dramatic increase in the PVA market are mainly the following:
The first is the increase in cost. This year's oil price has risen to a high of US$75/barrel, which has driven up the price of raw materials such as natural gas. At the same time, the rise in oil prices has led to an increase in transportation prices, which has increased the production cost of PVA, and manufacturers have only to keep up the prices of their products. Normal production profits.
Second, the overall price of chemical products has risen. This year, the prices of chemical products have generally risen, and many varieties have set record highs, such as triphenyl, phthalic anhydride, and methanol. The overall price level has raised a certain pulling effect on polyvinyl alcohol.
The third is the reduction in output. Due to the rapid increase in demand, the supply of natural gas is very tight this year, and the gas supply department has reduced the amount of gas used by industrial users. As a result, domestic polyvinyl alcohol production plants using natural gas as raw materials are under-employed, and the market supply is relatively insufficient.
Due to the relatively clear market fundamentals, the polyvinyl alcohol market will continue its strong operation in the near future. However, due to the price increase and the stagflation of direct raw material vinyl acetate has a pull force on polyvinyl alcohol, the upside for the market outlook will not be too large.
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