In 2011, China's ** industry developed well, with simultaneous growth in production and demand exceeding 22%, annual sales exceeding 6.6 million tons, import and export surpluses for the first time, and foreign dependence significantly reduced, with export volume growing 3.7% year-on-year. In 2012, the domestic ** will enjoy a modest improvement in output, steadily increasing consumption, and a mildly positive impact on imports and exports, and is expected to achieve a smooth transition after a rapid increase in production and demand, and begin to improve steadily. It is expected that in 2012, the industry will shift from a domestic demand to a balanced, outward-oriented consumption model, and the market will operate more standardized and stable. It will establish the status of major countries such as production capacity, consumption and trade in the international market, and increase the comprehensive competitiveness of the international market.
Regular shocks laid the foundation for growth In 2011, the domestic gambling market entered a regular turbulence market, and its range of shocks was between 7500 and 8700 yuan (t price, the same below), with a maximum amplitude of 11%. The year was basically within a reasonable range, etc. The amplitude of the shock sorted out and achieved a perfect technical curve with both ends up finishing in the middle. In addition, the situation has been greatly affected by the international market, domestic downstream, and related products in the past, and the independence of the market has once again increased. This has also laid a foundation for the acceleration of the three major growth rates of production capacity, demand, and exports in 2012. ** The magnificent turn of the industry is expected to shift from domestic demand balance to export consumption.
In 2011, most of the downstream products showed large declines, mostly in the 13% to 20%; the international market price fell from US$1200 to US$850/ton, a sharp drop of 28%, but the domestic market was affected by this. Limited impact. In contrast, the domestic market has fully demonstrated the market stability of a large chemical raw material, and its integrated anti-risk capabilities. This will provide basic support for the adjustment of the market in 2012 and provide impetus for the strengthening of the market outlook.
The smooth transformation driving the market to heat up In 2012, affected by the uncertainties of the international economic environment and the financial constraints caused by the domestic macro-control related industries, the process of shock consolidation of the market is still not ruled out, but there is little possibility of significant shock adjustments. Opportunities and risks coexist. With the completion of the project of the downstream varieties of pure benzene such as styrene, aniline, phenol, chlorinated benzene, nitrochlorobenzene, maleic anhydride, 2,4-dinitrochlorobenzene, and dichlorobenzene, and the start of old installations With the increase in the rate, the increase in the demand for pure benzene will be concentrated in the second half of the year. By then, the domestic market is expected to form a continuous warming market.
The domestic market also maintained stable market trends due to the strong crude benzene price and the decline in the production of alternatives. If the production of coking plants is severe, the production of coking benzene and hydrogenated benzene will be significantly reduced, creating conditions for the moderate recovery of the overall market. In addition, due to a significant drop in the operating rate of downstream enterprises in the second half of 2011, they will gradually improve in 2012 and demand will increase steadily. However, ** output will not increase significantly again in 2011 and is expected to increase by about 10%. At the same time, due to the reduction of Asian sources of goods and the promotion of favorable factors such as the support of the country’s foreign trade policies, the export volume will inevitably grow steadily again and comprehensively realize the steady progress in the three aspects of production, sales volume, demand, and export volume in 2012.
Decrease and increase the short-term market fluctuations Due to the weakness of the coking industry in 2011, coking crude benzene resources dropped significantly, resulting in the reduction of coking benzene raw materials, which is also one of the major reasons for the significant increase in production and sales of petroleum benzene in 2011. In 2012, coking crude benzene will continue to operate at a high level due to resource constraints and become the basic support factor of the ** market. However, once the amount of downstream growth can be released, there may be an inconsistency between production and demand, resulting in an increase in short-term speculation in the market, especially in the recovery consolidation stage in the first half of the year, and it is difficult to avoid the possibility of further shocks in the market.
However, the domestic new production capacity of coking benzene, hydrogenated benzene, and refined benzene will have a recovery period due to limited production of coking companies. There will not be much growth in the first half of 2012. In the short term, pure benzene represented by petroleum benzene will be the representative market. Limited impact. In addition, downstream aniline, styrene, nitrochlorobenzene, phenol, and other manufacturing enterprises in the second half of 2011 shock management, many products into a loss, the risk has been better released. Coupled with the continuous increase in transportation costs and other factors, pure benzene will form a narrow range oscillation, repair the bottom, and accumulate energy in the short term, without excessive adjustment.
**Costs, substitutes, downstream products, and international and domestic macroeconomic environment will be the basis for deciding the overall direction of the market in 2012, and the ability to influence the entire downstream industry chain in the future is expected to be further strengthened. If the market can be put in place in the first half of the year, there will still be a steady increase in the production, sales volume, demand, and export volume in the second half of the year, and the price transaction platform will also increase. It is expected that in 2012, the domestic ** market is expected to embark on an overall trajectory of a steady increase and then rise again.
Regular shocks laid the foundation for growth In 2011, the domestic gambling market entered a regular turbulence market, and its range of shocks was between 7500 and 8700 yuan (t price, the same below), with a maximum amplitude of 11%. The year was basically within a reasonable range, etc. The amplitude of the shock sorted out and achieved a perfect technical curve with both ends up finishing in the middle. In addition, the situation has been greatly affected by the international market, domestic downstream, and related products in the past, and the independence of the market has once again increased. This has also laid a foundation for the acceleration of the three major growth rates of production capacity, demand, and exports in 2012. ** The magnificent turn of the industry is expected to shift from domestic demand balance to export consumption.
In 2011, most of the downstream products showed large declines, mostly in the 13% to 20%; the international market price fell from US$1200 to US$850/ton, a sharp drop of 28%, but the domestic market was affected by this. Limited impact. In contrast, the domestic market has fully demonstrated the market stability of a large chemical raw material, and its integrated anti-risk capabilities. This will provide basic support for the adjustment of the market in 2012 and provide impetus for the strengthening of the market outlook.
The smooth transformation driving the market to heat up In 2012, affected by the uncertainties of the international economic environment and the financial constraints caused by the domestic macro-control related industries, the process of shock consolidation of the market is still not ruled out, but there is little possibility of significant shock adjustments. Opportunities and risks coexist. With the completion of the project of the downstream varieties of pure benzene such as styrene, aniline, phenol, chlorinated benzene, nitrochlorobenzene, maleic anhydride, 2,4-dinitrochlorobenzene, and dichlorobenzene, and the start of old installations With the increase in the rate, the increase in the demand for pure benzene will be concentrated in the second half of the year. By then, the domestic market is expected to form a continuous warming market.
The domestic market also maintained stable market trends due to the strong crude benzene price and the decline in the production of alternatives. If the production of coking plants is severe, the production of coking benzene and hydrogenated benzene will be significantly reduced, creating conditions for the moderate recovery of the overall market. In addition, due to a significant drop in the operating rate of downstream enterprises in the second half of 2011, they will gradually improve in 2012 and demand will increase steadily. However, ** output will not increase significantly again in 2011 and is expected to increase by about 10%. At the same time, due to the reduction of Asian sources of goods and the promotion of favorable factors such as the support of the country’s foreign trade policies, the export volume will inevitably grow steadily again and comprehensively realize the steady progress in the three aspects of production, sales volume, demand, and export volume in 2012.
Decrease and increase the short-term market fluctuations Due to the weakness of the coking industry in 2011, coking crude benzene resources dropped significantly, resulting in the reduction of coking benzene raw materials, which is also one of the major reasons for the significant increase in production and sales of petroleum benzene in 2011. In 2012, coking crude benzene will continue to operate at a high level due to resource constraints and become the basic support factor of the ** market. However, once the amount of downstream growth can be released, there may be an inconsistency between production and demand, resulting in an increase in short-term speculation in the market, especially in the recovery consolidation stage in the first half of the year, and it is difficult to avoid the possibility of further shocks in the market.
However, the domestic new production capacity of coking benzene, hydrogenated benzene, and refined benzene will have a recovery period due to limited production of coking companies. There will not be much growth in the first half of 2012. In the short term, pure benzene represented by petroleum benzene will be the representative market. Limited impact. In addition, downstream aniline, styrene, nitrochlorobenzene, phenol, and other manufacturing enterprises in the second half of 2011 shock management, many products into a loss, the risk has been better released. Coupled with the continuous increase in transportation costs and other factors, pure benzene will form a narrow range oscillation, repair the bottom, and accumulate energy in the short term, without excessive adjustment.
**Costs, substitutes, downstream products, and international and domestic macroeconomic environment will be the basis for deciding the overall direction of the market in 2012, and the ability to influence the entire downstream industry chain in the future is expected to be further strengthened. If the market can be put in place in the first half of the year, there will still be a steady increase in the production, sales volume, demand, and export volume in the second half of the year, and the price transaction platform will also increase. It is expected that in 2012, the domestic ** market is expected to embark on an overall trajectory of a steady increase and then rise again.
Gabion Mesh,Wire Gabion Mesh,Stone Cage Mesh
Waterproof Material,Geotextile,Geocell Co., Ltd. , http://www.nsgeotextiles.com