By the end of 2010, nitrochlorobenzene had experienced more than one month's adjustments, and both had approached the cost line. Among them, nitrochlorobenzene was reduced from RMB 7,500 (t price, the same below) to RMB 6,600 to RMB 6,800, and ortho-nitrochlorobenzene was also adjusted back to RMB 6,600 to RMB 6,800, which was a decrease of 12% and 13%, respectively, and entered the market for the whole year. At the lowest level, transaction volume also shrank, and domestic manufacturers faced a situation of falling below the cost line. In January 2011, due to the recovery of raw materials, benzene, stocks dropped significantly, the demand began to heavy volume and other favorable effects, the market shrinking order basically completed, the market outlook is expected to rebound.
Approaching the margin of cost Accidental factors have led to short-term demand reductions, and prices have quickly bottomed out. In December 2010, various regions in China restricted power production and production in different degrees, and in particular, nitrochlorobenzene downstream SMEs experienced large-scale parking production cuts. Among them, the purchase of 2,4-dinitrochlorobenzene, p-aminophenol, p-nitroaniline, p-aminoanisole, etc. from the lower level of nitrochlorobenzene is seriously degraded, while the o-nitro group in the downstream of o-nitrochlorobenzene Enterprises such as aniline, 3,3-dichlorobenzidine, and o-amino anisole have also reduced their purchasing volume, and downstream demand has experienced rapid declines and shrinkage. At one point, the market had a strong wait-and-see atmosphere, which led to a rapid decline in the prices of both markets, and a situation in which prices were first priced after the first delivery.
The company's high cost will face losses and it will begin to limit the production price. It is understood that the high price of benzene, coking benzene 6,700 yuan, oil benzene 7,500 yuan, both in the nitrochlorobenzene bottoming to 6,600 yuan, the formation of raw materials and products upside down situation. It has been estimated that more than 40% of domestic nitrochlorobenzene manufacturers that purchased chlorinated benzene have entered a loss state, while companies that adopt pure benzene technology have also entered the cost line and faced losses, and the company has begun to limit the production price.
Judging from the actual market transactions, the main factor that restrained the market from falling again was the quantitative energy factor. After the comprehensive pricing was introduced at the end of December 2010, the low-end prices were basically not matched by the volume of transactions, coupled with the constraints of comprehensive costs. The bottom of this round of the market is basically completed. Such as the domestic nitrochlorobenzene in the new price after the significant increase in trading volume for the market to take a good foundation to form a good support.
The market stabilized and stabilized. External platters of benzene continued to rise, and the internal market continued to rise. It is understood that on January 7 South Korean FOB benzene prices have risen to 1055.5 US dollars, leading to a serious inversion of internal and external disk. According to the current domestic mainstream transaction price of petroleum benzene of 7,500 yuan, the domestic pure benzene exports have a relatively large profit, and it is estimated that it is more than 500 yuan, and the possibility of increasing exports may not be ruled out. Therefore, the domestic high prices of pure benzene are still expected to rise significantly, will give nitrochlorobenzene good support.
The domestic inventory of nitrochlorobenzene has dropped significantly, laying the foundation for subsequent market warming. The feedback from the market shows that the inventory of domestic nitrochlorobenzene has dropped significantly, some companies have basically zero inventory, sales channels have returned to normal, and the company's early inventory pressure has been fully released and the market has shown signs of recovery. Coupled with the proximity of traditional Chinese New Year, domestic nitrochlorobenzene companies will not substantially increase production. Therefore, the current market stabilized and stabilized will lay the foundation for the market outlook.
In addition, the factors that accidentally suppressed the market have been basically eliminated. The negative factors such as continuous price cuts of terminal products in the early stage and sudden production cuts by downstream companies caused the market to dip. However, as the downstream companies continued to gradually start power cuts and the international raw material prices continued to rise, the industry continued to increase its bullish sentiment towards the outlook.
It is expected that the rebound will be positive. The short-term volume increase is expected to promote a quick rebound in the market. The reporter learned from the production companies that at present, the nitrochlorobenzenes are escaping along the way, and they have already been sold without entering the warehouse, and the orders have started to increase, which does not rule out the stocking behavior of the downstream companies, causing a phenomenon of heavy demand in the short term. Due to the increase in demand, there are clear signs of rising prices. For example, the low-end prices of some companies have risen by 3%. Based on the market performance of nitrochlorobenzene in recent years, coupled with raw material prices upside down, the market rebounded.
Nitrochlorobenzene in the para-position, no difference in the adjacent position will not last long. According to the historical operating rules of nitrochlorobenzene, most of the time, the price of o-nitrochlorobenzene is higher than that of p-nitrochlorobenzene, which is more favorable for stable operation of the market. Double-rising double drop market will not be long, when the market both are in the trough is also when the market is about to change the situation, we must guard against the market once again shake. However, the overall trend of the current market is still a good rebound, is a good time to grasp the procurement opportunities.
Approaching the margin of cost Accidental factors have led to short-term demand reductions, and prices have quickly bottomed out. In December 2010, various regions in China restricted power production and production in different degrees, and in particular, nitrochlorobenzene downstream SMEs experienced large-scale parking production cuts. Among them, the purchase of 2,4-dinitrochlorobenzene, p-aminophenol, p-nitroaniline, p-aminoanisole, etc. from the lower level of nitrochlorobenzene is seriously degraded, while the o-nitro group in the downstream of o-nitrochlorobenzene Enterprises such as aniline, 3,3-dichlorobenzidine, and o-amino anisole have also reduced their purchasing volume, and downstream demand has experienced rapid declines and shrinkage. At one point, the market had a strong wait-and-see atmosphere, which led to a rapid decline in the prices of both markets, and a situation in which prices were first priced after the first delivery.
The company's high cost will face losses and it will begin to limit the production price. It is understood that the high price of benzene, coking benzene 6,700 yuan, oil benzene 7,500 yuan, both in the nitrochlorobenzene bottoming to 6,600 yuan, the formation of raw materials and products upside down situation. It has been estimated that more than 40% of domestic nitrochlorobenzene manufacturers that purchased chlorinated benzene have entered a loss state, while companies that adopt pure benzene technology have also entered the cost line and faced losses, and the company has begun to limit the production price.
Judging from the actual market transactions, the main factor that restrained the market from falling again was the quantitative energy factor. After the comprehensive pricing was introduced at the end of December 2010, the low-end prices were basically not matched by the volume of transactions, coupled with the constraints of comprehensive costs. The bottom of this round of the market is basically completed. Such as the domestic nitrochlorobenzene in the new price after the significant increase in trading volume for the market to take a good foundation to form a good support.
The market stabilized and stabilized. External platters of benzene continued to rise, and the internal market continued to rise. It is understood that on January 7 South Korean FOB benzene prices have risen to 1055.5 US dollars, leading to a serious inversion of internal and external disk. According to the current domestic mainstream transaction price of petroleum benzene of 7,500 yuan, the domestic pure benzene exports have a relatively large profit, and it is estimated that it is more than 500 yuan, and the possibility of increasing exports may not be ruled out. Therefore, the domestic high prices of pure benzene are still expected to rise significantly, will give nitrochlorobenzene good support.
The domestic inventory of nitrochlorobenzene has dropped significantly, laying the foundation for subsequent market warming. The feedback from the market shows that the inventory of domestic nitrochlorobenzene has dropped significantly, some companies have basically zero inventory, sales channels have returned to normal, and the company's early inventory pressure has been fully released and the market has shown signs of recovery. Coupled with the proximity of traditional Chinese New Year, domestic nitrochlorobenzene companies will not substantially increase production. Therefore, the current market stabilized and stabilized will lay the foundation for the market outlook.
In addition, the factors that accidentally suppressed the market have been basically eliminated. The negative factors such as continuous price cuts of terminal products in the early stage and sudden production cuts by downstream companies caused the market to dip. However, as the downstream companies continued to gradually start power cuts and the international raw material prices continued to rise, the industry continued to increase its bullish sentiment towards the outlook.
It is expected that the rebound will be positive. The short-term volume increase is expected to promote a quick rebound in the market. The reporter learned from the production companies that at present, the nitrochlorobenzenes are escaping along the way, and they have already been sold without entering the warehouse, and the orders have started to increase, which does not rule out the stocking behavior of the downstream companies, causing a phenomenon of heavy demand in the short term. Due to the increase in demand, there are clear signs of rising prices. For example, the low-end prices of some companies have risen by 3%. Based on the market performance of nitrochlorobenzene in recent years, coupled with raw material prices upside down, the market rebounded.
Nitrochlorobenzene in the para-position, no difference in the adjacent position will not last long. According to the historical operating rules of nitrochlorobenzene, most of the time, the price of o-nitrochlorobenzene is higher than that of p-nitrochlorobenzene, which is more favorable for stable operation of the market. Double-rising double drop market will not be long, when the market both are in the trough is also when the market is about to change the situation, we must guard against the market once again shake. However, the overall trend of the current market is still a good rebound, is a good time to grasp the procurement opportunities.
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