In December OX market trends

Chemical (OX) 2016 December oxylene prices downward trend, OX month average price of 7225 yuan / ton, compared with the first month price 7655 yuan / ton fell 5.62%, rose 46.11%.

Market analysis:

PVA

Products: decline in December the domestic market price trend of o-xylene, dragon aromatic device is still in repair, Luoyang Petrochemical overhaul, Jinling Petrochemical equipment normal operation operation, normal operation of Zhenhai Refinery device, Yangzi petrochemical equipment normal, domestic market operating rate of benzene into more than 4, the phthalate on spot supply is adequate, benzene market prices fell sharply. As the mainstream of o-xylene negotiations at the end of the market in East China fell to 7800-7900 yuan / ton, the port inventory in East China by the end of last less than 20 thousand tons, the abundant phthalate phthalate turnover scarce, market prices decline.

POLYVINYL ALCOHOL

The industrial chain: December crude oil prices rose sharply, as of the end of WTI for $53.77 a barrel, the recent crude oil prices, downstream petrochemical products have a certain cost, but the phthalate market due to the abundant supply of goods to go bad market price decline. December domestic phthalic anhydride market prices sharply lower, as of the end of phthalic anhydride price of 7833.33 yuan / ton, a decline of 9.06%, the domestic market operating rate of 4 phthalic anhydride, phthalic anhydride market prices fell sharply in December, plasticizer industry prices fell to a certain market upstream phthalate phthalate bad, the market price decline.

POLYVINYL ALCOHOL FIBER

Industry: recent plasticizer industry downturn in December, the business turnover is limited, the market price decline Fu phthalate.

Market forecast:

Recently the phthalic anhydride market prices fell, and the oil market prices rangebound, is expected in January the phthalate market price or will continue to fall, the price of 7000 yuan / ton.

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