Chlorinated benzene after the market warm

With the start of the end of last year, the market started to rebound in the domestic chlorinated benzene market. The author expects that in the context of continuous upsurges of internal and external disks, low domestic chlorinated benzene inventory, increased production costs, and driven by downstream demand, the chlorinated benzene market will warm up slightly in the short term, and it is expected to form a stable state in a low volume state. The market for progress.

Raw material prices continue to heat up, and the cost is expected to help boost the market for chlorobenzene. Since the end of November 2011, the international ** market began to heat up continuously. As of January 6, FOB Korea's spot market closed at 1,126 US dollars (ton price, the same below), with an increase of more than 18%. At the same time, domestic prices have also increased from 7,500 yuan to 8,200 yuan, an increase of 9%, and still continue to rise, the internal and external disk arbitrage window also gradually opened. The mainstream transaction prices of coking benzene, hydrogenated benzene, and other ** series products also rose above 200 yuan, and the transaction price was above 7,600 yuan, which caused a continuous increase in the production cost of chlorinated benzene production enterprises. The low end price of chlorinated benzene last month reached 6,200 yuan, and most of the companies were operating at a loss. After the New Year's Day, the low-end prices gradually increased, the mainstream transaction price of more than 6,600 yuan, as of last weekend, some companies quoted in the 6800 ~ 7000 yuan, the average increase has been more than 6%, and there is still a further increase in the trend of its raw materials, costs Promotion is one of the reasons for this round of market recovery.

The output continued to drop, and inventory remained low. It is understood that due to the recent sluggish price of chlorinated benzene, all production enterprises are in a state of loss, with an average loss of about 400 yuan. Therefore, companies continuously reduce load production, and the domestic comprehensive utilization rate is less than 50%. Moreover, in order to speed up the withdrawal of capital, the production companies cut their prices and shipped goods, and social stocks continued to decrease. The supply of the market began at the beginning of January, and the manufacturers began to raise prices. In addition, January was again affected by the overhaul of some companies, such as the Wuhan Gehua Group, which will start a half-month maintenance on January 15. It does not rule out a sharp drop in production. It will inevitably break the current balance between supply and demand in the market and speed up the market. Warm up the pace.

Continuously pulling downstream, the bullish atmosphere is getting stronger. Starting from the end of last month, the proportion of nitrochlorobenzene that accounts for more than 70% of chlorobenzene consumption has started to rebound, with 14% for nitrochlorobenzene and 9% for o-nitrochlorobenzene, and there is still an upward trend. The demand for procurement has increased, providing the main driving force for the recovery of chlorobenzene. In addition, near the Spring Festival, the transport factors will also lead to poor circulation of goods, increase transportation costs, and tight market supply. Therefore, the feedback from the market’s frontline shows that under the combined effect of chlorinated benzene in upstream promotion, production decline, and increased demand, the original traders and downstream companies that are bearish have begun to become active and look for positive goods. The market has a good expectation, and the bullish atmosphere is gradually becoming stronger, which will also play a role in boosting the recovery of the market.