Industry profits good caprolactam started to maintain a high level

Petrochemical, Haili, Qinghua parking. Cangzhou Xuyang phase I production resumed, Yongrong is basically full, Sanning maintenance is slightly delayed, caprolactam load is expected to remain high in the near future, and the supply of co-production ammonium sulfate will increase accordingly.

The three rounds of coke increase are limited

Recently, the full sample of China’s independent coke enterprises: the capacity utilization rate was 73.3%, down 0.5% from the previous period. At present, the coke market continues to run strongly. Coke in the third round of ups and downs, the recent rapid rise in coking coal prices, the trading atmosphere is hot, the market activity has significantly increased, the cost pressure of coke enterprises has increased, most coke enterprises have losses, and some are expected to reduce production.

At present, the supply of ammonium sulfate in the two main processes of ammonium sulfate in China is relatively stable, although the start of coke enterprises has dropped slightly, but the start of caprolactam enterprises has maintained a high level, and the supply of co-production ammonium sulfate has increased. On the demand side, international urea prices rose, coupled with India immediately released a new round of urea bidding news, as well as futures rising sentiment, spot prices rose strongly, boosting the industry’s mentality, and dealers’ inquiry enthusiasm is good. In terms of domestic trade, the utilization rate of compound fertilizer capacity continues to increase, from the mainstream areas, including Hubei region, the main large enterprises with the advance of the advance, in order to ensure supply, the operating rate has increased significantly. At present, the on-site demand is good, supporting ammonium sulfate operation at a high level. Considering that after the continuous rise, the difficulty of some downstream manufacturers to follow up is increased, it is expected that the short-term ammonium sulfate market is mainly high and narrow, and more attention is paid to the international market order situation.