1、 Price summary on July 15:

Shijiazhuang refining and chemical company quoted 8100 yuan / ton, and Qilu Petrochemical Company quoted 8150 yuan / ton,

Yangba offers 7800 yuan / ton,

Guangzhou Petrochemical quoted 8000 yuan / ton, Maoming Petrochemical quoted 7950 yuan / ton,

Changling Refining and Chemical Co., Ltd. offers 7900 yuan / ton,

2、 Fluctuation trend:

3、 Analysis and comments:

In terms of crude oil, the market expressed doubts about the capacity of the organization of Petroleum Exporting Countries (OPEC) to increase production, mainly because of its limited space for residual capacity; In addition, Saudi Arabia said it would not immediately increase oil production, and the tight supply is expected to boost oil prices.

Today, Sinopec reduced toluene in South China by 300 yuan / ton.

Crude oil rebounded last Friday, and toluene in the outer market fell slightly. Crude oil rose today, driving the focus of toluene spot market up, but the actual negotiations are limited.

At the close of the day, acetone offers in major mainstream markets across the country are as follows:

region ., Quotation, Weekly rise and fall

East China, 4530., – four hundred and fifty

Shandong region, 4930., – three hundred and seventy

Yanshan region, 4950., – three hundred and fifty

South China, 4850., – four hundred and fifty

This week, the focus of the domestic acetone market in East China continued to decline. As of Friday’s close, the negotiation in East China was 4500-4550 yuan / ton, with a decline of 9% in the week. At the weekend, the port stock suddenly increased to more than 50000 tons, and the pressure on the shipment of phenol and ketone factories increased. Factories in East China repeatedly reduced the billing price. As of the weekend, the prices of Gaoqiao and Mitsui were adjusted to 4500 yuan / ton. Because there were many negative factors in the external environment, the mentality of operators in the yard was under pressure, and the shipment sentiment of shippers increased, but the offer continued to decline. Affected by the continuous decline of the market, factories were seriously upside down, and the listing prices were reduced one after another.

The terminal demand is heavy, the buying interest is low, the supplier’s shipping pressure increases, there are insufficient inquiry purchasers in the market, the overall trading atmosphere is cold, and the release of actual orders is limited. It is expected that the acetone market will be adjusted weakly next week, and the trading atmosphere is cold. The short-term East China acetone market negotiation is 4450-4550 yuan / ton.

According to the data monitoring of business agency, the dichloromethane market fell sharply in the first ten days of July. As of July 10, the average price of dichloromethane bulk water in Shandong was 3015 yuan / ton, down 8.36% from 3290 yuan / ton on the first day.

Since July, the start-up of domestic methane chloride plants has increased slightly compared with the previous period, and the supply is still under great pressure. The performance of the downstream market is weak in the high temperature and off-season, and it purchases on demand.

In the first ten days of July, the spot price of methanol fell slightly, and the cost side weakened. According to the business agency, as of July 10, the spot market price of methanol was 2466 yuan / ton, down 2.12% from 2520 yuan / ton on July 1.

Future forecast: Analysts of methane chloride data of business society believe that with the sharp decline in the price of dichloromethane, cost support will become the main supporting factor. At present, the willingness of enterprises to significantly reduce the price has weakened, and dichloromethane is expected to rebound slightly in the later period.

The domestic MIBK market operates in a range, and continues to be in a downturn. The overall change is limited. The raw material acetone continues to fall, and the demand side is sluggish and difficult to change. The reference value of the East China market is about 10900 yuan / ton. According to the monitoring data of the business community, the market offer in East China on July 13 was 10900 yuan / ton, which was negotiable, and the short-term market was dominated by weak operation.

The raw material side continued to decline, due to many negative factors on the cost side. Acetone continued to fall, and the market negotiated to around 4680 yuan / ton. Recently, the factory lowered the billing price, and the market also showed a broad downward trend. The mentality of the cargo holders was bad, the focus of trading was continuous downward, and it was difficult to mention terminal procurement.

The terminal demand is general, and the downstream orders are dominated by rigid demand. The short-term demand changes are limited. At present, it is difficult to make major changes in costs. The operation enthusiasm of the cargo carriers is general, and the mentality is mainly wait-and-see. Short term weak adjustment operation

The business community expects that the MIBK market will be weak in the near future, and the cost side will continue to fall. At present, the downstream is dominated by rigid demand, which is difficult to fluctuate. The cargo holders follow the market, and have little enthusiasm for operation. Moreover, under the influence of the recent peripheral environment, the chemical industry is now bearish, and the short-term MIBK market will be weak and fall in a narrow range.

According to the data monitored by the business club, as of July 12, the average price of PMMA, a domestic general transparent premium product, was 16750.00 yuan / ton this week. The price of this week operated in a narrow range and stronger, up 0.75% compared with the same period last week. The price fluctuation range was small. The quotation range of mainstream manufacturers remained at about 16500 yuan / ton. The overall PMMA market price remained stable, the focus of negotiation was stable, and the price range this week was small, The overall market supply and demand balance.

This week, the average price of PMMA of domestic general transparent superior products was 16875.00 yuan / ton. The overall market operated smoothly, and the price change was not obvious. The quotation range of mainstream manufacturers remained at about 16500 yuan / ton. Merchants actively shipped orders to give up profits. Compared with last week, the price of PMMA remained unchanged. The price of PMMA was stable, the overall supply and demand was balanced, and the purchase was just needed. At present, the focus of negotiation was stable, and the supply side was normal.

Rubber and plastic index: on July 11, the rubber and plastic index was 745 points, down 2 points from yesterday, down 29.72% from the peak of 1060 points in the cycle (2012-03-14), and up 41.10% from the lowest point of 528 points on April 6, 2020. (Note: the period refers to 2011-12-01 to now).

PMMA analysts of business agency believe that: it is expected that the price of PMMA will operate stably in the short term, and the PMMA market will maintain stable operation in the short term. (if you want to get more commodity information and master commodity prices, you are welcome to subscribe to the commodities of the business club through the official account of the business club. The market is an opportunity).

The price of ethylene oxide has been adjusted in some regions, with an increase of 100 in Central China and 7650 yuan / ton, and the ex factory price in other regions is 7550 yuan / ton.

Upstream, oil prices rose on Friday, which continued to be supported by concerns about the prospect of tight supply, but the global economic recession curbed the rise in oil prices. Spot valuation of light distillate oil in Asia continued to follow the rise of international crude oil futures the previous day. Naphtha spot valuation rose to $85.72 / barrel. Up to now, the latest price of ethylene in Northeast Asia is 980 US dollars / ton, that in Southeast Asia is 1030 US dollars / ton, that of Jinshan Lianmao ethylene is 7400 yuan / ton today, and that of Luxi Chemical ethylene is 7400 yuan / ton today. As of the close of July 8, the spot price difference between Northeast Asia ethylene and naphtha was $101 / ton, down nearly $18 / ton from the previous trading day, far below the break even price difference.

The start-up plan of Yangzi Petrochemical and Far East joint venture is postponed, and the volume of China Science and technology equipment is gradually increased. At present, the supply balance of ethylene oxide Market is wide, and the related product ethylene glycol continues to be undervalued, which is difficult to have a positive impact on the price of ethylene oxide.

Affected by the price fluctuation in Central China, the quotations of some downstream monomer manufacturers increased slightly, but the overall follow-up was limited, making it difficult to lift the EO market higher on the demand side.

Forecast: ethylene oxide Market is temporarily stable.

At the close of the day, acetone offers in major mainstream markets across the country are as follows:

region ., Quotation, Weekly rise and fall

East China, 4970-5050., – two hundred and eighty

Shandong region, 5300., – two hundred and thirty

Yanshan region, 5350., – one hundred

South China, 5350., – three hundred

The focus of the domestic acetone market in East China continued to decline this week. As of Friday’s close, the negotiation in East China fell below 5000 yuan / ton, with a decline of 6% in the week. The international crude oil fell sharply this week, because there were many negative factors in the peripheral environment, the mentality of operators in the field was under pressure, and the shipment sentiment of cargo holders increased. However, the offer continued to decline. Affected by the continuous decline of the market, the factory was seriously upside down, and the listing prices were reduced one after another.

There is a heavy wait-and-see terminal demand, there are not enough buyers for market inquiry, the overall trading atmosphere is cold, and the release of real orders is limited. It is expected that the acetone market will fluctuate in a narrow range next week, the trading atmosphere is cold, and it is difficult to release short-term real orders.

Paraformaldehyde market price trend chart

According to the monitoring of business agency, on July 7, the average production price of paraformaldehyde in Shandong was 5350 yuan / ton, which was flat compared with last week.

According to the monitoring data of business agency, the average price of domestic methanol producers was 2656 yuan / ton on July 1, and 2630 yuan / ton on July 7, down 1.31%. On July 1, the average producer price of formaldehyde in Shandong was 1270 yuan / ton, and on July 7, the average producer price of formaldehyde in Shandong was 1246 yuan / ton, down 1.84%.

The raw material methanol market is weak, and analysts predict that polyoxymethylene may be reduced.

According to the bulk list data of business society, as of July 6, the average quotation price of epichlorohydrin enterprises was 18466.67 yuan / ton, down 0.72% compared with July 1, 1.25% compared with June 6, and 2.12% year-on-year in a three-month cycle.

Recently (7.1-7.6), the epichlorohydrin market is weak. Recently, the market of raw materials propylene and glycerin has been in a weak position, with insufficient cost support, light demand, poor enthusiasm for downstream inquiries, poor shipments from shippers, a sluggish market transaction atmosphere, pressure on the inventory of individual factories on the supply side, and a continuous decline in the focus of epichlorohydrin Market negotiations.

The upstream propylene, according to the data monitoring of business news agency, the reference price of propylene was 7466.60 on July 5, a decrease of 2.79% compared with July 1 (7680.60).

Downstream epoxy resin, on July 5, the liquid epoxy resin Market in East China continued to decline, and the negotiation continued to decline. The mainstream negotiation was delivered in barrels of 19300-20500 yuan / ton, and the overall negotiation fell by 200 compared with the previous trading day.

The epichlorohydrin analyst of business agency believes that the current cost and supply-demand support are insufficient, the market price is frequent, and the downstream purchasing mentality is cautious. It is expected that the epichlorohydrin market may be weak in the short term.

The domestic epoxy resin market fell all the way in June, mainly because the demand continued to not improve and the double raw materials plunged, with a significant decline, which came from the lack of positive support on the cost side. The epoxy resin market has entered a declining situation. According to the monitoring data of business agency, the market offer of liquid epoxy resin in East China was 25000-25200 yuan / ton on June 1. On June 30, the market fell to around 20800 yuan / ton, falling 4200-4400 yuan / ton within the month, and the month with a relatively large decline in 2022. As of press time, the offer of liquid resin Market in East China is 20600-21200 yuan / ton in barrels, and the offer of solid resin Market in Shandong is 18500-19000 yuan / ton.

region ., Specifications., Quotation, June decline

East China, E51., 20600-21200., – four thousand and two hundred

Shandong region, E12., 18500-19000., – three thousand and two hundred

Raw material bisphenol A: in June, the market of bisphenol a broke down more than expected, and the lack of downstream demand led to the continuous decline of the raw material market, and the whole industrial chain was not good. According to the monitoring data of business agency, the negotiated price in East China was 15100 yuan / ton on June 1, and the market offer in East China was 12650 yuan / ton on June 33, a decrease of 2450% in the month. On the one hand, the demand continued to not improve, and the raw material side was supported in the early stage. In June, the international crude oil was unstable, the raw material phenol and ketone continued to fall, and the cost side also showed negative support. The business club expects that the short-term BPA will continue to hit the bottom. In July, the supply side is still sufficient, and the demand is expected to decrease but not increase. It is expected that the market is expected to fall below 12000 yuan / ton in July.

The epichlorohydrin market fell slightly in June. In the first half of the month, the raw material propylene fell, the cost support of propylene method was weak, the price of raw glycerol was high, the cost pressure of glycerol method was still there, the enterprise inventory pressure was controllable, the downstream demand was light, the demand support was weak, and the market atmosphere was weak. In the second half of the month, the prices of raw materials propylene and glycerin fell, the cost support fell, some units were shut down for maintenance, and the market supply contracted, but the demand side was poor, and the high-end negotiations in the market were weak. With the impact of the restart news of some units, the market mentality was under pressure, and the shippers sold at a profit, and the weakness of cyclopropane continued. At present, the cost side support is general, the demand side is light, the supply and demand support is weak, and the market atmosphere is depressed. It is expected that the cyclopropane market may be weak in the short term.

Business analysts believe that raw materials continue to decline, and the pressure on downstream raw material inventory increases. It is expected that the supply of epoxy resin will remain sufficient in July, while the downstream will continue to wait and see more. It is expected that the weak trend will continue to decline in July.