Short term adverse effects of hazardous chemicals market

wallpapers Industry 2020-12-09
Less. However, due to the increase in the operating rate of downstream formaldehyde and olefin units and the arrival of the August overhaul season for methanol units, the supply and demand situation in East China is still basically balanced. In addition, under the favorable atmosphere of recent RMB devaluation, rebound in commodity prices and bullish methanol futures, methanol prices in ports and surrounding areas in East China may rise simultaneously.

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in the mainland methanol market, the contradiction between supply and demand remains, the terminal demand in Northwest China is weak, and the inventory pressure of some enterprises is gradually showing. At the same time, as the explosion has affected the export transportation line, the goods may be sold to Hebei, Shandong and other regions, which will have some impact on the methanol market in the mainland which is still in the off-season in the short term. An analyst specializing in methanol research in

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business agencies believes that in the short term, methanol prices in East China will remain strong, while methanol prices in Northwest and North China will remain weak, with the possibility of a small reduction. In addition, Tianjin is the main production base of chlor alkali products. It is reported that traffic control has been implemented on the roads around Tianjin port, which will have a certain impact on the transportation of chlor alkali products in the short term, but it is difficult for the market to fluctuate greatly. According to the monitoring products of the business agency, at present, liquid chlorine, soda ash and other products have been in the low market, and there is little room for further decline. Especially for liquid chlorine products, the low price of 100 yuan / ton has appeared in some regions. At the same time, the market of caustic soda is also in a weak trend, mainly because the current chemical market is in the production off-season, the unit operating rate is not high, and the trading operation is light.

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iron ore transportation is greatly affected.

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mainly affect the logistics transportation due to the basic paralysis of Tianjin port operation, and they are mainly concentrated in black varieties such as iron ore and steam coal. According to the data monitoring of

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business agencies, as of August 7, the iron ore inventory in Tianjin Port was 7.1 million tons, with an average daily export volume of 280000 tons. The total inventory of 41 ports in China is 81.56 million tons, while that of seven northern ports (Tianjin, Jingtang, Caofeidian, Rizhao, Qingdao, Lanshan and Lianyungang) is 10.906 million tons. Therefore, if the iron ore port in Tianjin is closed for one day, it will be greatly affected by the explosion.

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according to the data of Dashang stock exchange, the main contract of iron ore rose by 1.32% in the night trading on August 12, and continued to rise in the morning of 13. By the time of publication, iron ore had risen to 388 yuan / ton, with an accumulative increase of 3.21%. And rebar futures main contract has also risen 1.6%. In addition, the price data monitoring shows that as of August 12, the iron ore commodity index of the business society was 52.96, which has been flat for a week, down 55.11% from the highest point of 117.97 in the cycle, and 12.90% higher than the lowest point of 46.91 on April 14, 2015. He Hangsheng, an analyst at the

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business agency, believes that the explosion accident in Tianjin port may once again form a support for the price of domestic imported minerals, and is expected to rise again. According to the introduction of

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, Tianjin Port has a total of 160 berths of various types, including 103 berths of 10000 tons or above. In 2013, the cargo throughput of Tianjin Port exceeded 500 million tons, ranking fourth in the world; container throughput exceeded 13 million TEUs, ranking 11th in the world.

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it is understood that Ruihai logistics, as the only LLDPE tax declaration and delivery warehouse, has a storage capacity of 30000 tons. It delivered 20 tons on August 19, 2014, and there was no delivery record in the later period. The explosion accident has a relatively limited impact on the polyolefin market.

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in addition, the main olefin plants in Tianjin are Tianjin United (linear 120000 tons) and Sinopec (linear 300000 tons, low pressure 300000 tons, PP copolymerization of 450000 tons). The plant area of Tianjin Petrochemical (PP Homopolymer of 60000 tons) is far away from the explosion site and has not been affected, which will not affect the domestic production and supply in the later stage. On the other hand, the business community believes that the import of polyolefins may be restricted due to the time required for the resumption of wharf operations, but the price of polyolefins will not fluctuate significantly in the short term.

Liu Xintian believes that from the perspective of the aftermarket, the short-term negative impact of the explosion accident is more than good for the market, and the market situation of related products is still not optimistic. "


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