Recently, the performance of domestic industrial naphthalene Market was weak, and the investment focus of floor traders frequently went down. Since the beginning of the month, the industrial naphthalene in Shandong has decreased by about 270 yuan / T, and the terminal demand is expected to slow down. Naphthalene phthalic anhydride enterprises are suffering from long-term losses and unsalable products, while the utilization rate of the plant has declined regionally. Among them, 330000 tons of units in Shandong, Shanxi, Jiangsu and Tangshan Xuyang have been shut down for maintenance, and the demand for industrial naphthalene is expected to decrease by 15000 tons. In addition, affected by the rainy season, the continuous precipitation in the north and the south makes the local civil engineering construction stagnant in large area, and the demand for water reducing agent decreases correspondingly, so that the manufacturers start the construction at a low level and at the same time, the raw material procurement is negative.
From the perspective of terminal profit, the loss per ton of naphthalene process phthalic anhydride in August was - 403 yuan / ton, an increase of 18.91% compared with the previous month. The centralized parking of naphthalene process enterprises brought about a rising expectation for products. At the same time, the demand for industrial naphthalene slowed down, which led to the continuous decline of the trading center, thus easing the enterprise's loss. However, the narrowing of the price difference between o-phthalic anhydride and naphthalene phthalic anhydride also hinders the current expansion space of naphthalene phthalic anhydride. In the same month, the profit of phthalic anhydride per ton was 264 yuan / ton, down 36.08% compared with the previous month, which was mainly constrained by the downturn in terminal demand of phthalic anhydride. Meanwhile, compared with naphthalene process, the adjacent process enterprises had a profit advantage, so the start-up was stable, the supply was loose and the superimposed demand was weak. Under this situation, the center of gravity of phthalic anhydride was shifted downward and the profit margin of manufacturers was narrowed.
In September, can the downturn in the industrial naphthalene Market be improved? What changes will be brought to the surrounding industrial naphthalene Market after the commissioning of the new domestic plant?
From the perspective of supply, the coal tar deep-processing unit will start operation in the first and middle of September as a whole or will maintain the status quo. However, from the late September to the beginning of November, the overhaul of deep-processing enterprises is expected to be concentrated before winter, and the supply of industrial naphthalene is expected to decline at that time. In addition, in September and October, a total of 800000 tons of new coal tar deep-processing units in Tangshan, Guangxi and Shanxi are planned to be put into operation. At that time, the output of Tangshan area will be slowed down. Due to the weak demand capacity of industrial naphthalene in Shanxi, the outflow of goods is expected to increase. After the commissioning of Guangxi deep processing Engineering Co., Ltd., the demand gap of industrial naphthalene in South China water reducing agent industry is expected to increase.
In terms of demand, the naphthalene phthalic anhydride maintenance units are expected to resume operation in the early stage around the middle of the year. Jiangsu Sanmu, Xielian Zhongda, Shandong Lianhe and Shandong Haiyou naphthalene phthalic anhydride units all plan to resume production at this stage. At the same time, with the National Day holiday approaching, the end-user industrial naphthalene warehouse is expected to be replenished in stages. Moreover, the construction progress of downstream construction industry was hindered by the influence of climate in many places in the early stage. In September, the overall demand for industrial naphthalene is expected to improve while the construction progress is accelerated. Therefore, the future market of industrial naphthalene is expected to be promoted by various factors.
The above is about the recent market performance of industrial naphthalene, I hope you have some understanding, if you want to know more, welcome to click refined naphthalene manufacturers http://www.jnjdbc.cn Official website.