March 11 earthquake in Japan since the trades have been affected more or less, for the nylon industry, although it is also downstream products do not see much impact, but the Japanese as the chemical products producing countries , caprolactam, etc.
Upstream product supply will be affected.
Japan suppliers including caprolactam Ube, Sumitomo Chemical and Toray, due to the production plant are located in the southwest away from the epicenter, as of March 14 afternoon, the three devices running smoothly suppliers, who have no earthquake. But the acid has been
Benzene factory upstream amine unit of raw materials and more Kashima and Chiba near the epicenter, involving discontinued benzene plant capacity of 1.14 million tons / year, so the latter part of caprolactam raw material supply situation is more uncertain.
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Domestically, Guangdong Xinhui Meida Nylon Co., Ltd. affected by the earthquake released a related announcement, announcement, said, "Japan upper part of the benzene plant shutdown will affect the production of caprolactam plant raw material procurement. On the already very tight global
Zhang caprolactam supply, resulting in relatively large impact, is not conducive to the company's procurement and production of caprolactam stability. The company will adopt comprehensive measures to cope with, and strive to minimize negative impacts. "
According to data released by National Bureau of Statistics, February 2011 China's yarn production chain to reduce 161,000 tons, a decrease of 7.85%; textile and apparel exports to $ 10,443,000,000, a decrease of 51.70 percent, down 18.02%; 1 - February,
Added value of industrial enterprises above designated size increased by 14.1% year on year, slower than the 6.6 percentage points a year earlier.
Recently, the national cotton market monitoring system in the country to survey the intention of cotton planting area, Xinjiang, Henan and some provinces in the Yangtze River Valley cotton farmers intent to significantly improve. In the major cotton-producing countries around the world cotton acreage is widely expected new
Significant increase in the case of cotton prices will be under pressure.
Macro level, deflationary pressures will continue. March 14, Premier Wen Jiabao said in his press conference, the price is still not complacent and inflation remain on the work of the government's macroeconomic regulation and control the first and will take
Control measures to eliminate price increases liquidity in the monetary base. 11 National Bureau of Statistics released data also show that the domestic CPI in February rose 4.9%, exceeding market expectations.
Overall, the futures market after this Shenfutiaozheng until after the overall stability of the market situation, which may be supported by fundamentals began to rise, or to be seen. The spot price adjustment is not obvious, the latter operating conditions if the downstream market
Still no significant improvement, the market is still likely to remain weak. (S02)
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