From June 24 to July 1, 2022, the ex factory price of hydrogenated benzene in North China fluctuated and rose as a whole. It was 9500 yuan / ton last weekend and 9550 yuan / ton this weekend, up 0.53% weekly.

Market price of domestic main hydrogenated benzene this week (unit: yuan / ton)

Market, Price on June 24, Price on July 1, Up and down

East China, 9400～9500., 9450～9500.,+ twenty-five

Shandong region, 9200～9300., 9200～9300., 0

On June 30, the price of international crude oil futures fell. The settlement price of the main contract of WTI crude oil futures in the United States was $105.76 / barrel, down $4.02 or 3.7%; The settlement price of the main contract of Brent crude oil futures was $109.03 / barrel, down $3.42 or 3.04%. The main reason was that the organization of Petroleum Exporting Countries and its allies (opec+) confirmed that its production increase in August was consistent with the previously announced increase, and the supply tension was expected to ease slightly, and the oil price was under pressure.

Summary of Sinopec pure benzene price adjustment (unit: yuan / ton)

Date, Adjusted price, Adjustment amount

June 6, 9500.,+200

June 8, 9700.,+200

June 10, 10000.,+300

June 22, 9800.,-200

June 27, 9600.,-200

The ex factory price of Sinopec pure benzene was reduced by 200 yuan / ton on June 27, 2022, and 9600 yuan / ton was implemented.

Other enterprises: Jingbo Petrochemical quote 9350 yuan / ton, HSBC Petrochemical quote 9300 yuan / ton, Weilian chemical quote 9353 yuan / ton, Xinhai Petrochemical quote 9400 yuan / ton, Hongrun Petrochemical quote 9450 yuan / ton.

This week, the hydrogenated benzene market fluctuated, and the overall price increased slightly. Boosted by the strong crude oil and styrene prices at the beginning of the week, the domestic pure benzene market operated strongly at the beginning of the week, and the market performed well. Later, as crude oil and styrene weakened, Sinopec lowered its listing price by 200 yuan / ton, putting downward pressure on the pure benzene market. The trend of benzene hydrogenation enterprises was basically stable in the first half of the week, and the price was slightly corrected in the second half of the week due to the weakness of pure benzene. As of the weekend, crude oil continued to be under pressure, the focus of pure benzene market negotiation fell, and the market price fell again. The domestic price of pure benzene was 9250-9600 yuan / ton. On the whole, although there are many negative factors in the pure benzene market at present, the downstream demand starts to release with the price of pure benzene falling, and the sales of pure benzene is acceptable. Fundamental crude oil is still in a high consolidation trend, and it is expected that pure benzene prices will remain in a high consolidation trend, with limited downward space, boosted by demand.

According to the monitoring data of business agency, as of July 1, 2022, the market price reference of organosilicon DMC in mainstream areas was 19680 yuan / ton, which was 840 yuan / ton lower than the price on June 26, 2022 (organosilicon DMC reference price 20520 yuan / ton), a decrease of 4.09%.

It can be seen from the data monitoring chart of business agency that this week, the domestic organosilicon DMC market as a whole moved downward. At the beginning of the week (June 27), Shandong big factory lowered the ex factory price of organosilicon DMC by 200 yuan / ton. The quotation of organosilicon DMC of this factory is 20200 yuan / ton. The quotation of other monomer manufacturers remained stable at around 20300-20800 yuan / ton, and the downstream demand was not followed up enough, so the purchase was cautious. In the middle of the week (June 28), Shandong big factory lowered the ex factory price of organosilicon DMC again by 400 yuan / ton. So far, organosilicon DMC fell below the 20000 mark, with reference to 19800 yuan / ton. The leading monomer factory also lowered the ex factory price of organosilicon DMC by 300 yuan / ton. However, the decline did not stop. On July 1, Shandong Daichang lowered the ex factory price of silicone DMC to 18800 yuan / ton again. As of the end of this week (July 1), the ex factory price of domestic organosilicon DMC was around 18800-20000 yuan / ton, with a decrease of more than 4% during the week. At present, the volume of some downstream goods is extremely slightly increased, and the volume of new orders is acceptable.

In terms of upstream metallic silicon, the market of metallic silicon first rose and then fell in June. In the first ten days of June, the silicon price maintained a weak and stable operation in the early stage. Then in the middle of the month, driven by the cost, the silicon price continued to rise, with an increase of 1500-2500 yuan / ton. After continuous rising, the price of metallic silicon stabilized. On the one hand, downstream customers pressed the price of raw materials seriously in view of their own profits, on the other hand, silicon manufacturers were holding goods at a loss, with strong price support sentiment, and the upstream and downstream were deadlocked. After maintaining the stalemate for nearly a week, the silicon market began to retreat, and the downstream demand was still sluggish, so the silicon plant was forced to make another price concession. As of the 29th, the national quotation for metallic silicon was 18200 yuan / ton, up 5.63% from the beginning of the month.

Aftermarket forecast of organosilicon DMC

This week, after the domestic organosilicon DMC fell below the 20000 mark, the downstream mentality was different. Some downstream stocks were properly prepared and replenished on bargain hunting. Some downstream inventories were relatively abundant, so the stock preparation was still cautious and the wait-and-see mood was still in. The organosilicon DMC datagrapher of business society believed that in the short term, the domestic organosilicon DMC market was mainly to stop falling and stabilize the operation, which did not rule out the rebound operation of the market driven by large manufacturers. The specific trend also needed to pay more attention to the basic changes in supply and demand.

1、 Price trend

2、 Market analysis

According to the data of business agency, after the domestic potassium sulfate market rose in June, the spot prices rose by a narrow margin. As of June 29, the average price of domestic potassium sulfate 50 particles was 5566.67 yuan / ton, up or down +1.21% compared with the average price at the beginning of the month.

The domestic potash fertilizer market momentum was strong this month and eased at the end of the month. The operating rate of potassium sulfate Mannheim enterprises was adjusted in a narrow range, but the overall operating rate was about 45%, and the on-site supply was acceptable. In terms of potassium chloride, the price of potassium at home and abroad rose at the beginning of the month, supported by the procurement of potassium carbonate and potassium nitrate enterprises, and the potassium chloride market is still strong. At the end of the month, the price was slightly corrected, but the demand of downstream enterprises was stable. Superimposed on the tension in Eastern Europe, Russia and Ukraine for a long time, the export situation of potash fertilizer producing areas is restricted, and the arrival volume of border trade fluctuates, which generally supports the processing potassium sulfate enterprises smoothly. Potassium sulfate rose at the beginning of the month, and the market offer remained stable in the middle and late days of the month. The new single price of potassium sulfate is at a high level. In terms of demand, the on-site trading is average, and the downstream purchasing is relatively stable.

3、 Aftermarket forecast

According to the potassium sulfate analyst of the business agency, the domestic potassium sulfate market rose in June, and the potassium chloride market fluctuated in a narrow range, with an overall rise. The cost of domestic potassium sulfate is fairly supported, the follow-up on the demand side is average, and the supply side remains compact. It is expected that the domestic potassium sulfate price may be adjusted horizontally in the short term.

The downstream demand is poor, and the downstream products continue to fall. The demand for bisphenol A is very small, and some markets have fallen to 12700-12900 yuan / ton. At present, the whole industrial chain is not good, and the terminal support is difficult. The demand is poor. The low-end offer address in East China is 12650 yuan / ton, down nearly 300 yuan / ton within the day. The short-term future is not clear.

region ., Quotation, Intraday rise and fall

East China, 12700., – three hundred

Shandong region, twelve thousand seven hundred and fifty .,- three hundred

At present, the upstream and downstream of the bisphenol a industrial chain are weakening as a whole, and the profits of the whole industry are shrinking again and again. In addition, the continuous downward movement of the raw material end is difficult to be supported, and the downstream benefits are difficult to be realized. The peripheral environment is also in a depressed state. The business community expects a short-term weak adjustment.

On the 28th, the domestic NMP market price fell. The average price of the electronic grade market was 33000 yuan / ton, down 2.22% from the previous day and 9.26% from the 30th day. Recently, the market has been dominated by bad conditions, the cost support is weak, the downstream procurement follows up slowly, and the NMP price is weak.

Upstream BDO: the BDO market is weak. The market news is light, and the operators continue to enter the market to wait and see, and the actual single transaction is cold. The quotation in the trade market is cautious, and the downstream sporadic small orders follow up, and the market focus is weak.

NMP analysts of the business community believe that the cost side supports further negative, pay close attention to the changes in raw material prices, and predict that the NMP market will be weak in the near future.

According to the data monitored by the business agency, at the beginning of the month, the quotation of Shanxi industrial grade first-class potassium nitrate was 7587.50 yuan / ton, and at the end of the month, the quotation of Shanxi industrial grade first-class potassium nitrate was 7637.50 yuan / ton, an increase of 0.66%, and the current price increased by 50.34% year-on-year.

potassium nitrate

In June, the domestic potassium nitrate Market showed an upward trend. From the above figure, it can be seen that the potassium nitrate Market has continued to rise since 2022. The market rose slightly at the beginning of this month and was basically stable at the end of this month. This is mainly because the market is in short supply, the supply exceeds the demand, the traders are reluctant to sell the goods, the potassium nitrate manufacturers arrange the orders and ship the goods, and the potassium nitrate Market is strong and rising. According to the statistics of the business agency, the recent quotation of the mainstream domestic potassium nitrate manufacturers is 7450-7900 yuan / ton (the quotation is only for reference), and the quotation varies according to different procurement conditions.

The overall trend of potassium chloride Market in June was dominated by narrow range fluctuation. The price of potassium chloride in Salt Lake and zangge is adjusted at a high level, but the market supply is still limited, and the supply is relatively tight. The downstream market of potassium chloride rose slightly, the downstream demand was good, and it was just needed to purchase. The international potash price is adjusted at a high level, and the domestic potash is still likely to rise.

At the end of the month, the market trend of potassium chloride continued to be weak. The imported potassium port was supplemented by a small amount of new goods, and the cost support was general. It is expected that the price of potassium nitrate will mainly rise in the short term, and the long-term market still needs to wait and see. (the above prices are provided by the main potassium nitrate manufacturers all over the country and sorted out and analyzed by the potassium carbonate analyst of the business society. They are for reference only. Please contact the relevant manufacturers for more price details).

The weekly price of ethylene oxide was slightly increased by 200 yuan / ton. At present, the national unified ex factory price is 7550 yuan / ton.

In the upstream, crude oil futures fell sharply, Asian light distillate spot prices fluctuated, naphtha prices rebounded, and Asian ethylene prices fell. At present, the cost performance of imported ethylene is better than that of domestic ethylene. The latest price of ethylene in Northeast Asia is 980 US dollars / ton, that in Southeast Asia is 1100 US dollars / ton, that of Jinshan Lianmao ethylene today is 8100 yuan / ton, which is the same as that of the previous trading day, and that of Luxi Chemical ethylene today is 8050 yuan / ton, which is 200 yuan / ton lower than that of the previous trading day. As of the closing on June 23, the spot price difference between ethylene and naphtha in Northeast Asia was $185.5/t, down nearly $23.625/t compared with the previous trading day, far below the break even price difference.

Due to the fire in Shanghai Petrochemical, the price of ethylene oxide rose sharply during the week. At present, the ex factory price has been raised to the profit and loss line. In the same period, the price of ethylene glycol, a related product, plunged. The economy of ethylene oxide has been better than that of ethylene glycol. In terms of devices, the Sinopec refining and chemical plant was shut down for maintenance on the 23rd, and the maintenance is expected to last about 15 days. Shanghai Petrochemical stopped unexpectedly, and Shanghai has started a comprehensive inspection because of this. The restart time of the device is unknown. The Far East unit is expected to restart in early July. At present, the supply of ethylene oxide in other regions is normal except for the tightening of the supply in Shanghai and South China.

This correction of ethylene oxide is like a shot in the arm to the downstream market. Affected by the mentality of buying up but not buying down, the goods of ethylene oxide dealers have increased significantly, the mentality of downstream merchants is improving, and the monomer price is slightly corrected. However, in essence, the demand side of the single market is still limited by factors such as summer high temperature and Meiyu weather. There is still uncertainty in the long term and the long term. Market participants are cautious to wait and see. Downstream manufacturers had strong bargaining sentiment and entered the market on bargain hunting.

Forecast: under the long short game, the market rumored that ethylene oxide might increase its expectation in the later period. However, from the current fundamentals, the overall room for ethylene oxide to rise is limited.

According to the data monitored by the business agency, the domestic carbon black quotation was 10100 yuan / ton on June 23.

On the cost side, the domestic high-temperature coal tar has stopped falling recently, and the operating load is low. On the demand side, the domestic carbon black market demand continues to be depressed. The overall start-up of tire enterprises remains low, with low load operation, and the performance is still not improved. The start-up load of all steel is about 55%, while that of semi steel is about 65%. Under the condition that the domestic demand for tires continues to be weak and the export orders drive is limited, the inventory of tire enterprises is high. Under the operating mentality of buying up rather than buying down, downstream users are generally cautious in purchasing.

On the whole, at present, the cost of carbon black in China is falling, the demand for negative factors in the carbon black market is low, and the new single price in the carbon black market is continuously depressed under the condition of adding inventory.

Trade name: sulfur

Latest price (June 22):3863.33 yuan / ton

Key points of analysis: according to the price monitoring of the business club, the average price of sulfur in East China today has been reduced by 0.26% compared with yesterday. The quotation of enterprises has been greatly stable and slightly changed. The quotation of sulfur in some refineries has been slightly reduced by 30 yuan / ton, and the prices of other refineries have been temporarily stable. The domestic sulfur quotation is on the high side, and there is resistance in the downstream. Some operators buy sulfur at a low price when entering the market. The pressure of high price sulfur increases. In addition, the downstream sulfuric acid market is weak and the demand is limited. In order to maintain the pace of shipment, the domestic refineries reduce the quotation, and the overall market atmosphere is mainly stalemate and wait-and-see.

Future forecast: the short-term sulfur market will wait and see the consolidation and operation, and the price may be lowered. Pay attention to the downstream follow-up.

According to the data in the bulk list of the business community, as of June 21, 2022, the domestic market price of diethylene glycol was 5200 yuan / ton, which was basically the same as that on June 14, 2022. Compared with June 1 (the reference price of diethylene glycol was 5096 yuan / ton), the price increased by 104 yuan / ton, or 2.03%.

It can be seen from the data monitoring of the business community that recently (6.13-6.21), the diethylene glycol market has been stable after the overall rise. At the beginning of last week (13th and 14th), the diethylene glycol market rose slightly, and the diethylene glycol market price increased by about 50-100 yuan / ton. Subsequently, the diethylene glycol market as a whole maintained a high-level consolidation operation. At the beginning of this week (the 20th and 21st days), the diethylene glycol market as a whole continued to consolidate and operate steadily. The narrow decline of downstream operating rate gave general support to the demand for diethylene glycol, and the narrow rise of international crude oil gave some support to the market. However, in the past two days, the overall shipment of the port was general, and the overall inventory of diethylene glycol increased after the centralized unloading at the port. At present, as of the 21st, the market price of diethylene glycol is around 5200-5400 yuan / ton.

At present, there is a strong wait-and-see mood in the downstream of diethylene glycol. The inventory of the two warehouses is 65000 tons. The diethylene glycol data division of the business society believes that in the short term, the diethylene glycol market is stable and small, mainly operates in a narrow range, and the significant changes in the market are limited. More attention should be paid to the news changes on the cost side and the demand side.