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Fax：0086-21-65866755
Address：20F, Jinling International Mansion, No.85 Ouyang Road, Shanghai 200081 China
Website：www.swlogistics.cc
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June 13th China 2-EH Market Daily Report
1. 2-EH Prices in the Major Domestic Market
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Units: Yuan/mt
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Market
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June 12th
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June 13th
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Markup
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Remarks
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East China
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11600-11700
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11350-11550
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-200
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Weakened market
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North China
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11300-11500
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11200-11300
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-150
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Soft sentiment
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Shandong
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11300
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11150-11250
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-100
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Decreased slightly
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2. 2-EH Prices at the Major Domestic Plants
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Units: Yuan/mt
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Producer
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June 12th
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June 13th
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Markup
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Remarks
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Qilu PC
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11200-11300
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11200-11300
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0
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Average trades.
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NE-PetroChina
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11100-11400
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10800-11100
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-300
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Tight supplies.
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Shandong Lihuayi
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11500-11700
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11200-11400
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-300
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Planned to shut down the device. |
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Shandong Jianlan Chemical
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11500-11600
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11200-11300
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-300
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Average production and marketing. |
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No.4 Beijing Chemical
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11200-11200
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11200-11200
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0
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Average deals.
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Tianjin Soda
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11500-11600
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11200-11300
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-300
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Average sales.
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3. Domestic 2-EH Market Report
The 2-EH market weakened today amid average sales at major 2-EH producers. Subdued by low operations of the plasticizer devices and limited purchase, 2-EH offers at prevailing producers dwindled. The inventory at ports remained at a low level. However, 2-EH deals were carried out difficultly; offers and discussions were both soft pressured by the lower-priced China-origin resources.
4. 2-EH Market Forecast
SCI index for 2-EH declined 10.64 to 978.72 today.
At present, spots in East China were not high, but 2-EH prices moved down due to the rough sales at petrochemical producers. In addition, the downstream market continued to lessen amid low operations of the devices. So most of market participants were pessimistic about the 2-EH market with limited 2-EH transactions. It was estimated the 2-EH market would continue on the weak trend.
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