The first half of 2015 has been quietly in the past, China regular butyl rubber market overall downward adjustment based, middle market also rose slightly for the industry brought some of the “good mood”, but the overall trend is still downward. Yanshan Yanshan Petrochemical markets around the 1751 regular butyl rubber grade product, for example, according to Zhuo statistics show that from January to June 2015, 1751 superior grade market price of 17,032 yuan / ton, up year on year decline in the prices about 15%; by the end of June 2015 the market price to close at 17,500 yuan / ton, compared with the beginning of 2015, prices have fallen about 9%.
The domestic market, early in January 2015, Sinopec Yanshan Petrochemical for regular butyl rubber factory price down about 10 percent, to present to the weak market brought “New Year’s first strike”, causing market prices basically follow amplitude; In addition to the Yanshan outside under the double impact of domestic and Russian regular butyl rubber products in Russia fell outside the disk and sluggish demand unequal amplitude lower.
February, regular butyl rubber market before or after the steady, Sinopec cut again in early, resulting in the market has also been followed up; Yanshan butyl rubber product price disparity compared with other domestic products prices, so this price is market trends; Other products in prior periods have been falling, so follow-up is limited.
In March, the general trend of slight differences in the butyl rubber market, aspects of domestic goods, the supply of goods, not much, Yanshan Petrochemical products have been reported high stick to the end of it because there are fewer goods fresh quotes, waiting for Real Simple negotiations; Jinxinhui and Panjin and transportation products reduce early early low-cost shipping, follow the factory in less goods and raw material prices slightly higher, supported by newspaper quoted high, market prices have unequal amplitude adjusted upward, but adequate supply of imported products, the late start somewhat stagnant; Russian products January-February imports an increase of up to 200%, the market holding goods business mentality is different, quote, although high, but the actual transaction negotiations space range.
April, regular butyl rubber market prices are still differences, and the Russian-made cargo slightly higher based Exxon and LANXESS product prices fell slightly.
May-June is the stage regular butyl rubber market stalemate running hard to change due to sluggish downstream demand, the market of domestic and imported goods in the cargo hold steady basic business newspaper on the sidelines, there is a certain actual turnover for discussion space.
Overall, the 2015 Spring Festival pre ordinary butyl rubber market downturn phase, and the down rapidly, which is poor domestic demand and lower outer plate Russia has a direct relationship; after the Spring Festival, external disk as the Russian market stabilized and the industry for festival After the purchase is expected, regular butyl rubber market can be experiencing a rare “rest and upward” stage; but when “demand is difficult to improve,” the stark reality when put in front of us, ordinary butyl rubber market only Can stalemate consolidation of ……
Regular butyl rubber outer disk side, Lanxess and Exxon goods as a whole in a downward trend; Russian cargo experienced a fall outside the plate up fluctuations. And fell up the process of Russia to China regular butyl rubber market has brought a greater impact.
First, Lanxess and Exxon external disk market, partly because of competition between the two, on the other hand that the progress of Lanxess tube industry, as well as downstream demand weak, so that the two were originally “lofty” regular butyl rubber imports continue to decline to respond to the downstream of “critical.”
Secondly, the Russian side, crude oil plummeted in 2014 is that we can not forget, and because mutual between Russia, Europe and the US sanctions are causing the Russian ruble depreciated, which also fell outside the Russian regular butyl rubber disc bring incentives. Of course, sometimes downward adjustment is not a bad thing, at least in domestic businesses view, especially for a long time did not do the business of the Russian goods, in a thought on the verge of the bottom of the node and more people access disk, this time should be in mid to late , then set a large number of inquiries prompted the Russian market began to offer bounce to $ 1600-1650 / ton when deadlocked for months, and then because of the Russian manufacturers have reported high maintenance and other reasons.
Russia outer disk down up with the ups and downs of the domestic market is closely related to the outer disk low during business fixing and mostly closed to the downstream plant, the latter concentrated to Hong Kong in the process of the domestic market under a lot of pressure; in the latter part of the outer disk high reported stalemate in the process also to the domestic market players to bring a certain mentality support, at least, is “stabilized stabilized” in a supporting factor.
In summary, the Chinese general butyl rubber market in the first half affected by the Russian side is more profound, and supply and demand imbalance in the environment, the stalemate is a main tone downlink; in this trend stalemate running, the slight ups and downs Although only a flash but weak “embellishment” only.
Translated by Google Translator from http://market.cria.org.cn/25/27859.html
