Domestic isopropanol started low, the market played a positive role

Lubon Industry Co.,Ltd not clear restart time, is expected after the first National Day, the manufacturers since the end of August parking, inventory consumption gradually. Degada Chemical last weekend to restart, the load is low, the market supply in general. Shandong earth Su Pu normal operation, but in September and October export orders more.

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Xinhua Chemical propylene low load, acetone conversion in September, the current implementation of the previous order-based. Kailing chemical 100,000 tons / year acetone plant suspension, 20,000 tons / year device full load operation, the output of the implementation of export orders, is expected in September Kailing market supply is limited. East China port before the end of September to add 2,000 tons. Grow into a new can run stable, support the South China market stock. In addition, in the second half of September there are three ships of isopropyl alcohol to supplement the South China market (another boat is not sure time), before the end of September the supply market in South China tensions gradually ease.

Traders are holding low, the terminal has not yet stocked, is expected to have a wave before the National Day procurement. Although the scene worried about the nineteen approaching, environmental inspection will continue to affect the terminal started, but the venue also respond to demand in September than the previous see.

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The above figure reflects the gross profit of the propylene and acetone isopropanol plant, the gross profit margin of the propylene process, but the net profit is still no, the cost pressure has not changed. In addition, imports from 9 to 10 months in general, high import costs. Not only that, Southeast Asia and the United States part of the demand to switch from China, however, CFR Southeast Asia 950 US dollars / ton, for example, isopropanol exports margin higher profits, 9-10 domestic production enterprises to undertake about half of export orders.

In summary, the National Day before the supply and demand side of the East good isopropyl alcohol (raw surface no bad), the market bullish. South China supply supplement, the biggest positive weakened, before the end of the shock or finishing operation, and in view of the high import costs and expectations of East China expected bullish, so South China finishing space is limited.

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