It is understood that in January, the peak season of PFA granule market in China was not prosperous, and the overall market situation became more and more depressed. According to the analysis, the PFA particle market years ago or showed stabilization. Most PFA particle products fell, accounting for 73.6 percent of the list. Some general PFA products rose slightly, engineering PFA fell slightly, and synthetic rubber fell sharply. From the perspective of cost, oil prices have fluctuated and risen recently, and economic data has slightly improved. Crude oil is expected to rise. The PFA particle market has certain support. It is more likely to stop falling and stabilize before the year, but the possibility of market reversal in the short term is also Not big, it is expected to maintain a narrow range of shocks.

By variety, general PFA products showed strong resistance to decline, the overall decline is weaker than engineering PFA and rubber, LLDPE, HDPE, LDPE and PS rose slightly. The upstream products of engineering PFA have dropped significantly, especially the upstream PFA caprolactam of PA6 has dropped by 12.82 in two months, and the upstream PFA adipic acid of PA66 has also dropped by 7.38 in November. Butadiene fell by 20.61, resulting in a heavy decline in downstream synthetic rubber, such as butyl benzene fell by 12.4 and cis butyl fell by 14.28.

On the supply side, most PFA manufacturers have completed maintenance in October, and the operating rate is relatively stable. It is understood that the average operating rate of PFA granule market in November was 82.3, slightly higher than that of 78.5 last month. In particular, polyethylene, Fushun Petrochemical and Qilu Petrochemical more than one million tons of units put into operation, greatly increasing the supply. In addition, the import of PFA particles PFA was abundant in November, and the port inventory increased unabated.

On the demand side,PFA GranulesThe market entered the traditional off-season, the downstream operating rate declined significantly, the operating rate of product manufacturers is generally around 50%. Packaging industry, PFA pipe, PFA film, plastic bottles and PFA particles and other areas of abnormal downturn. In addition, the obvious decline in car sales and the double negative effect of the EU rubber and plastic labeling law, resulting in the downstream industry both internal and external demand performance, rubber PFA turnover decline.

This article comes from:www.tflpfa.com