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Executive summary
Production and Market of Alpha and Beta-Pinene in China Executive summary
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Production and Market of Alpha and Beta-Pinene in China Executive summary
Report edition:
2014
edition(
6
)
Finished time:
Oct. 2014
Document type:
PDF
Language version:
Published by CCM
Price:
USD
105
All the prices on this website exclude VAT.
Introduction
Executive summary
Description:
Dynamic news: During 2013 and H1 2014, the pinene market was depressed. Specially, for
α-pinene
, it was basically no profit, while
β-pinene
had gained a little profit. It is a dilemma for the deep processing enterprises engaged in pinene separation to produce or non-produce. Many of them cut down to buy it because of their less pinene orders. Most enterprises still mainly consumed their early inventory, only a small part of them moderately procure pinene according to their demand. However, some large chemical groups are optimistic about the future market of pinene. For example, Guangdong Sky Dragon Printing
Ink
Group Co., Ltd. claimed that in 30 July, 2014, the first phase of the project of Guangdong Sky Dragon Fine-Chem Co., Ltd., invested and constructed by its excess raised funds and its own funds, would be formally operated. The project is expected to reach its design capacity after two years, which with design production capacity of processing turpentine oil of 16,000 t/a, an annual output of 6,000 tonnes of pinene and
terpineol
, 2,000 tonnes of
myrcene
and 1,500 tonnes of camphene respectively. The second phase of the project construction and equipment installation work goes well and expect to operate in the beginning of 2015. -Background: On one hand, affected by European debt crisis in 2012, social
consumption
power in China decreased and the need of non-rigid demand products reduced seriously. On the other hand, because the reduction of gum rosin's output, the price of gum rosin rose high. Pinene, as a downstream product, its trading volume in domestic market became less during 2012-2013 because these two aspects. What to report: Based on the supply and demand, the report analyzed the production, price and consumption to describe China's pinene production changes, reasons for price fluctuations and the consumption characteristics of pinene. Aiming to the characteristics of α-pinene and β-pinene, the report also further analyzed and predicted the future trend of pinene's development.
Executive summary:
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