The market price of nitrochlorobenzene is frequently refreshed

In the past month, the domestic nitrochlorobenzene market has soared, and the high prices of the market have been frequently refreshed. Among them, the price of nitrochlorobenzene has risen by more than 1,000 yuan (t price, the same below) within a week, and the weekly gain has reached 25%. At present, the market price has exceeded the 6,000 yuan mark; the price of o-nitrochlorobenzene is also singing all the way. The increase was over 10%, the current price was between 17,000 and 17,500 yuan, and the premium grade (petroleum grade) price had broken 18,000 yuan, a record high.
According to analysis, the operating rate of nitrochlorobenzene companies in China is generally low, and the imbalance between supply and demand in the market is one of the main reasons for this rally. However, under this background, nitrochlorobenzene downstream companies have emerged irrational procurement phenomenon, resulting in a strong market speculation, prices have skyrocketed, and there is a phenomenon of price and no goods.
It is understood that nitrochlorobenzene is mainly made of pure benzene and nitric acid. Since April, due to the reduction in production of some nitric acid manufacturers in the country, the price of concentrated nitric acid has risen sharply, and the supply of goods has been in short supply. The increase in market prices has ranked first in domestic chemical products, and the increase in some regions has reached more than 100%. At present, the factory price of nitric acid is about 3,500 yuan, and there is also a 5,000 yuan transaction price in the Jiangsu market. In addition, the international crude oil and benzene prices hit new highs, and the domestic pure benzene prices also steadily increased. In this context, due to the difficulty in purchasing nitric acid, the operating rate of nitrochlorobenzene was greatly reduced. At present, the combined operating rate is less than 50%, and some companies are even forced to stop. In 2008, the demand for nitrochlorobenzene downstream increased by more than 15%, and will be concentrated in June to reflect, thereby breaking the original relationship between supply and demand of domestic nitrochlorobenzene, resulting in market prices rose.
Recently, there has been an unordered phenomenon in the market where traders return cargoes and nitrochlorobenzene prices vary. The quotations from various manufacturers were mixed, and the market transaction prices were uneven. The difference between the high and low prices was nearly 1,000 yuan, which caused some companies in the downstream to become panic-stricken. This led to the purchase of goods and the phenomenon of grabbing goods, which made the already unbalanced market even worse. This kind of irrational purchasing behavior has had a negative impact on the normal market order. Once the high market drops, downstream companies will not be able to absorb the high cost of raw materials, directly affect the overall economic benefits of the company, and have an impact on the future development of the industry.
It is understood that as the organic chemicals, dyes, pharmaceutical intermediates of nitrochlorobenzene, the domestic market has been exceeding supply for the first two years, the production of enterprises is struggling, and some companies have been unable to bear the losses due to conversion and production. However, after entering into 2008, the market of nitrochlorobenzene warmed up, and production enterprises gradually got rid of losses. Relevant statistics show that domestic nitrochlorobenzene industry has made a profit in January. Although the recent market imbalance in supply and demand and artificial irrational purchasing factors have caused the market price to soar, but with the related companies gradually normal driving, the supply, production and sales of nitrochlorobenzene will reach equilibrium again. With respect to raw materials, several major nitric acid companies currently operating in the country will start work one after another, and the market supply will gradually increase. With the normal supply of raw materials and the rising profits of nitrochlorobenzene companies, production enterprises will gradually return to normal and increase production. Operating rate; sales, due to the recent market, a rising voice, the current nitrochlorobenzene business sales policy, their own governance, can not be unified, but if nitrochlorobenzene companies can work together to make the market more standardized and perfect, supply and demand will gradually resume balance. Therefore, the combination of all factors, nitrochlorobenzene will be a smooth landing market, the market will enter a new balance.
To this end, people in the industry believe that nitrochlorobenzene downstream companies should be flat-minded, comprehensive analysis of reasons, adjust the production load, stabilize the market, in order to ensure the healthy and orderly development of the industry.

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