CCMP Price Forecast (July to December monthly average ex-work price of 2014)/industry publication
In this issue, CCM mainly focused on the application of PLA materials, and had an in-depth interview with Mr. Zhang Naiwen, senior R&D engineer of TONGJIELIANG. In his view, PLA boasts natural advantages in the application of disposal products, especially in female sanitary products. Meanwhile, Mr. Zhang pointed out that technology wasn't the sole obstacle for the PLA industry in China. Besides, CCM conducted an analysis on the overall situation of bio-based materials domestically, disclosing how the market runs under the ineffective cooperation among the government, enterprises and market and providing suggestions for the investors based on the current situation.
In addition, CCM emphasized the raw materials and paid special attention to the BDO market. Specially, an analysis on the bio-based BDO market was made. As the whole BDO market is confronted with overcapacity, CCM believed that the development of bio-based BDO would not be so optimistic because of its price and application fields. Moreover, regarding the high corn prices, CCM had concise analysis and predicted that the corn imports would be drawn back in H2 2014.
The RMB/USD exchange rate in this issue is USD1.00=RMB6.1523 on 1 July, 2014, sourced from the People's Bank of China.
Please note that covering any specific topics or investigation of any covered subjects in more details is also available.
2 INTRODUCTION TO FORECAST MODELS
3 FORECAST AND CONCLUSION
Table 3-1 Actual and forecasted ex-works price of CCMP in 2014 by CCM's seasonal forecast model
Table 3-2 Actual and forecasted ex-works price of CCMP in 2014 by CCM's Grey-Markov forecast model
2-Chloro-5-chloromethyl pyridine, with a short name of CCMP, is a key intermediate for the production of some pyridine insecticides.
In China, the capacity of CCMP was around XX t/a in 2013, with an output of XX tonnes. Only about XX% of the output was exported, while XX% was consumed in China, mainly for the production of insecticides like imidacloprid and acetamiprid. In fact, there is only a shade of difference between the synthesis process of imidacloprid and acetamiprid. Therefore, imidacloprid technical producers can flexibly inter-convert their imidacloprid and acetamiprid production lines.
Chinese CCMP manufacturers are mainly distributed in XX, XX and XX provinces, with output shares of around XX%, XX% and XX% of the national total. Most of China's CCMP manufacturers are also imidacloprid producers, who mainly consume CCMP by themselves. XX Co., Ltd. is the biggest CCMP producer in China with a capacity of XX t/a in 2013. The prices from July to December in 2014 can be forecasted by CCM's seasonal price forecast model as follows.
