Views:244 Author:Site Editor Publish Time: 2020-05-07 Origin:Site
The new coronavirus is raging all over the world, and related reports say that so far the raw materials for meltblown fabrics are still in short supply. The demand is too large, and the raw material inventory of meltblown cloth is negative. Disposable non-woven masks and disposable protective clothing produced by Zibo Dongfang Medical Products Co., Ltd. are all raw materials that require melt-blown cloth.
Polypropylene is the upstream raw material of melt-blown non-woven fabric. Melt-blown non-woven fabric is the core material of protective masks such as KN95. The most upstream raw material of melt-blown cloth is crude oil. In the refinery plants of Sinopec and PetroChina, crude oil is used to produce propylene, which is then converted into polypropylene particles. The polypropylene particles are melted and formed into polypropylene fiber material, which becomes melt-blown. The core raw material for spinning.
Recently, the number of domestic mask exports has been increasing, and the demand for melt-blown cloth and its upstream raw materials may also increase.
Since April, China's exports of anti-epidemic materials have shown a significant growth trend. The average daily export volume has increased from about 1 billion yuan in the early days to more than 3 billion yuan in recent days.
Analysis shows that due to the surge in the number of manufacturers of inferior meltblown fabrics, the market demand for polypropylene has risen nearly 50 times.
Under normal circumstances, a mask with sufficient material needs 20g of polypropylene fiber material. The National Development and Reform Commission released data showing that the domestic mask output is 100 million pieces / day.
According to this calculation, 100 million masks need about 200 tons of polypropylene fiber material per day. In 2019, the output of polypropylene is about 23 million tons. This demand accounts for only about 0.3% of polypropylene output, and the demand accounts for a relatively small amount.
However, driven by profits, inferior meltblown fabric production enterprises have proliferated. According to incomplete statistics, the demand for fiber materials has nearly doubled by a factor of 50 in a short period of time, resulting in a tight supply of fiber materials, the proportion of fiber materials production has been rising, and compression of standard delivery wire drawing The production schedule has promoted a sharp rebound in polypropylene prices in the early stage.
The spot stocks of polypropylene rose sharply, driving market confidence, the overall transaction atmosphere was good, Shandong propylene rose fiercely, mainstream downstream products also showed an upward trend, and the short-term propylene supply pressure was effectively released. Polypropylene futures continued to open higher and higher, promoting the sentiment of spot market purchases, petrochemical companies have raised factory prices, downstream and intermediaries have gradually increased their willingness to hoard goods, and the overall trading atmosphere is active.
After the skyrocketing price, prices began to drop.
The price of polypropylene skyrocketed in early April, but it seems to have begun to fall. From the perspective of futures prices, polypropylene prices are becoming more rational. Analysis shows that with the introduction of regulatory policies, mask workshop companies are restricted. In addition, many melt-blown cloth production enterprises have been rectified. Unlicensed enterprises have ceased production, and the demand for fiber materials will decline.
At the same time, the increase in meltblown fabric output can also make up for the gap between supply and demand to a certain extent, promote the price reduction of meltblown fabrics, and then push polypropylene prices back to rationality.
Therefore, the non-polypropylene traditional hype caused by masks will cool down, and the support for polypropylene will gradually weaken.