Vinyl acetate Market is not optimistic

wallpapers Industry 2020-12-10

in 2014, the overall chemical market was in a downturn, but vinyl acetate had a unique scenery.

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occurred frequently in foreign vinyl acetate plants in 2014. Among them, Celanese and Ineos two sets of vinyl acetate plants in Europe were closed down, and the production capacity was permanently withdrawn. The production capacity of this plant is 350000 tons / year, which leads to the shortage of 350000 tons of vinyl acetate in Europe. In addition, in the first half of 2014, several major vinyl acetate plants in the United States announced that they could not resume production due to irresistible reasons. As a result, the international market is short of supply, and the reduction of vinyl acetate production in Europe and the United States has led to a sharp rise in the price of vinyl acetate in the international market. The permanent withdrawal of production capacity of

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in Europe and the shutdown of American plants not only bring about a turnaround for vinyl acetate in European and American markets, but also drive the gradual recovery of China's market. Domestic prices have been rising all the way since the beginning of the year, and once exceeded 9000 yuan / ton in the middle and late March. After the consolidation, but relatively still at a high level. August is the off-season of vinyl acetate. Due to the influence of early factors, domestic vinyl acetate has not been in the off-season situation. At the beginning of the month, the price of vinyl acetate once reached the annual high of 9200 yuan / ton. With the restart of parking devices in the United States, the international market supply will continue to grow, and its price will also tend to be normal. After September, China's exports fell, and domestic prices fell and gradually stabilized.

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in 2014, the export of domestic vinyl acetate suddenly rose, 50 times higher than that of the previous year, reaching 175000 tons. China's vinyl acetate Market has completed the transformation from an importing country to an exporting country. The root cause of the sharp rise in export is the shortage of international market supply. The reduction of vinyl acetate production in Europe and the United States has led to a sharp rise in the price of vinyl acetate in the international market. In order to make up for the gap in the international market, domestic enterprises seize the opportunity and take measures to increase their load and export. However, in the long run, China's vinyl acetate Market sales situation is still not optimistic.

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have entered 2015, but the market is difficult to show its brilliance in 2014, and some regional quotations have fallen below the cost line. At present, the total production capacity of vinyl acetate in China exceeds 3 million tons / year, and the operating rate is about 70%. This year, there will be new production capacity in China, such as the vinyl acetate phase II project of Ningxia Dadi Chemical Co., Ltd. and the vinyl acetate phase II project of Inner Mongolia Mengwei Technology Co., Ltd., which will further increase the pressure of excess supply. In addition, the domestic economic growth has slowed down in the past two years, the market situation of vinyl acetate is under great pressure, the downstream demand support is insufficient, and the operating rate of polyvinyl alcohol unit is low, which restricts the future development of the domestic industry. Although the domestic vinyl acetate Market seized the export opportunity in 2014, the situation was very good, and to a certain extent resolved the domestic vinyl acetate oversupply situation, but for the overcapacity market, it was a temporary cure rather than a permanent cure. With the further increase of domestic production capacity and the resumption of production of maintenance devices in the United States, the domestic market continues to bear the pressure of oversupply. Facing the market dilemma, it is an effective solution to actively expand the high-end application market and overseas market of vinyl acetate. In March this year, the first batch of 132 tons of vinyl acetate of Ningxia Neng Chemical Co., Ltd., which was sold by the central China chemical sales company, was successfully shipped from Jiangyin port to Russia. This is the first time that the vinyl acetate products of Ningxia Neng Chemical Co., Ltd. have been exported. In addition, Sichuan vini