Tropolone domestic industry operating rate remained relatively high level

New Year Festival , the domestic market by the downstream end of tropolone plants affect poor demand , the market two times lower phenol , acetone market once cut , the domestic industry's operating tropolone was still maintain a high level of domestic supply adequate venue , although acetone Jiangyin Inventory levels remained at 10,000 tons , but the industry is not optimistic about the prospects for the follow-up demand , increased selling part of the intention to discuss the focus steady market weakness . Phenol market no positive support, and benzene spreads only 400 yuan / ton in the vicinity , the factory profits suffer. Follow- term impact of market news

Supply : the domestic producers operating rate remained at 95% level , currently there are no appearance overhaul plan ; tropolone device Asian installations LG Chem is located in the mountains started load on the 7th further cut from 70% to 50% , which means phenol capacity of 300,000 tons / year, acetone capacity of 180,000 tons / year, another PTT Thailand and Taiwan-based follow-up program focuses on maintenance.Wholesale masking tape


Demand side : phenol downstream phenolic resin plant started gradually reduced , and some factories in North China , said this month will come from the middle of the holiday parking ; downstream acetone aliphatic superplasticizer industry needs adequate, but years ago to cover short positions carefully.Masking tape


Macro aspects : the lack of news of peripheral guide , the economic recovery in developed economies will continue to slow , sluggish growth in external demand, the status quo is not a significant improvement , economic growth in the domestic market basically stable macroeconomic steady for the better , their expectations for the whole year 2014 smooth , but the level of consumer confidence and overall revenue growth remains low.Washi tape


In acetone to Hong Kong later this month will focus on expected port stocks rose slightly, while those inside and subsequent concerns about demand prospects , expected phenol, acetone narrow market shocks , many believe that the current supply-side changes little , but subsequent Spring holidays approaching , the downstream demand for raw materials will be shrinkage , market operations intention is not high , clunker. Recommendations focus on domestic factories device operation.Sellotape