Plastic raw material prices all the way up. Recently, the Guangdong plastic Exchange's monthly report of May 26th to the 30th week of a short period of time, the overall market price of plastic raw materials rose 300 to 800 yuan / ton, the major petrochemical plant in South Drawing (a Plastic raw materials) Price, from May 26 of 13,500 yuan / ton up to May 30 of 14,500 yuan / ton, or 950 yuan / ton.
       The industry believes that the plastic raw materials prices rose the most main reason is that international crude oil prices continue to rise, while Mau petrochemical fire the short-term reduction of prices of raw materials in South China has some stimulating effect, but the long term, will not shake the supply and demand Balance.
       Short-term boost production of raw materials prices rose in South China
       According to the petrochemical industry sources, Guangdong's total ethylene production capacity 2 million tons, mainly petrochemical-mao, 1 million tons capacity, Mau petrochemical ethylene production capacity of ethylene production in the country nearly one-tenth. On the 3rd night fire damaged the main production capacity is 640,000 tons of cracking furnace, the repair period is expected to be half a month, while another 360,000 tons of refinery and petrochemical project has not been damaged, has now resumed production. In other words, one third of the Guangdong project was forced to stop production capacity of about half a month, this chemical industry raw material supply was temporarily cut off, the lower reaches of the plastic chemical industry will be affected.
       The only plastic Exchange - Guangdong exchange analyst Lu Xiaoqing of plastic, plastic raw materials prices all the way up, the main reason is not Mau petrochemical production. He said that as Mau petrochemical production is only temporary, and its raw materials Channengbuzu to shake the whole market, long-term perspective, the Mau petrochemical production will not break the balance between the supply of domestic raw materials.
       However, Lu Xiaoqing also admitted that because of Mao's most petrochemical production capacity was temporarily interrupted, the short term, this region of southern China's raw materials prices is a boost, while Guangdong is the second largest producing plastics, is expected to be Driven prices continue to rise.
       PP or driven crude oil prices to new high
       "Raw materials on international oil prices have been very sensitive." Lu Xiaoqing analysis, led this year the domestic prices of plastic raw materials all the way up is the main reason why the international crude oil prices continue to rise.
       In crude oil prices continue to move up the acrylamide monomer and the high cost of the strong promotion of the PP market in May rose to maintain momentum. According to the Guangdong plastic Exchange's monthly report of May, the high cost of the upper reaches of the oppression, in the petrochemical, oil up with, one after another with manufacturers around the rose, in addition, the relative lack of market supply and downstream access for goods is still normal Under the circumstances, some three or four months in the lower reaches not to goods manufacturers and traders of the month, also general procurement, supply and demand in the market slightly nervous. Price of these factors propelled the market up further. The Stock Exchange of plastics industry analyst Li Zhaojie, almost out of the current market supply and demand conditions, only to follow the pace of rising costs. Relatively weak market transactions, there was no price situation in the city. Merchant relying on tight supply, pull up by petrochemical positive speculation, the market pushed prices sharply higher.
       Entered in June, oil demand is still high season, the supply of tension, the market price on a more bullish attitude, Li Zhaojie also expected, did not rule out the possibility of a new high. Therefore, the upper reaches, by promoting strong oil prices, coupled with less resources in Asia, despite the relatively weak demand, but can not stop the momentum of price increases. Supply and demand, Qingdao petrochemical installations put into operation may have certain negative impact on the market, but still less supply and the high cost of the support and up. In addition, a June petrochemical prices intention to progress.