In July, the domestic EVA market price continued to be weak as a whole, and the market fell significantly. According to the monitoring data of the business agency, the average ex factory price of domestic EVA was 23400.00 yuan / ton on July 1 and 20800.00 yuan / ton on July 28, with a decrease of 11.11% during the month and an increase of 15.99% over the same period last year.

As of July 28, the ex factory quotation of EVA is as follows:

Product, manufacturer, model, ex factory price

Eva., Yanshan Petrochemical, 18j3, 19700 yuan / ton

Eva., Beijing Organic, y2022, 20000 yuan / ton

EVA, BASF Yangtze, v5110j, 22700 yuan / ton

In July, the domestic EVA market was difficult to find positive, and the price fell broadly. Most of the ex factory quotations of petrochemical enterprises were reduced, leading the decline. In the month, in terms of cost, the international crude oil price fluctuated and fell, and the vinyl acetate and ethylene markets were weak, bringing some bad news to the market. In terms of demand, the terminal demand is weak, the downstream manufacturers are cautious, the willingness to purchase is still low, the market trading atmosphere is limited, the merchants’ mentality is poor, and the quotation mostly follows the behavior owner.

At present, the negative impact of costs is obvious. The ex factory quotations of petrochemical enterprises have fallen one after another. In addition, the consumption of market supply is slow, the downstream market entry atmosphere is limited, and the mentality of most operators is pessimistic. The quotations of merchants follow the downward trend, and the market is difficult to find good. It is expected that the domestic EVA market price in August will still have downward space.

As of July 27, the average quotation price of formic acid enterprises was 3900.00 yuan / ton, down 3.31% compared with the price at the beginning of the month, down 59.66% year-on-year in a three-month cycle, and up 28.57% compared with the same period last year, according to the bulk list data of business society.

In July, the market price of domestic industrial grade 85% formic acid fell slightly. In the first half of the month, the cost side support was limited, and low-cost sources of goods appeared frequently in the market. After the price fell to about 3500 yuan / ton, it hit the bottom and rebounded. The market transaction was dominated by rigid demand, and the price rose slightly and operated smoothly. In the second half of the month, the cost side support was ok, the enterprise mainly shipped normally, the downstream maintained rigid demand procurement, the inquiry atmosphere was general, the market trend was balanced, the transaction was mild and orderly, and the focus of the market negotiation of industrial grade 85% formic acid was mainly stable.

In terms of cost: upstream caustic soda, the caustic soda enterprises flexibly adjusted their quotation on the 27th, but they mainly took a wait-and-see attitude, and comprehensively expected to maintain the consolidation trend in the later period; Upstream liquid ammonia, on the 27th, the liquid ammonia Market in Shandong fell, and some traders’ offers fell, with a range of around 100 yuan; Upstream sulfuric acid, the domestic sulfuric acid market price temporarily stabilized on July 27; Upstream methanol, according to the bulk list data of business society, on July 26, the reference price of methanol (period) was 2476.25, a decrease of 1.74% compared with July 1 (2520.00).

According to the formic acid analysts of business society, the current cost impact is limited, and the downstream is mostly on-demand procurement, with average on-site trading. It is expected that in the short term, the domestic industrial grade 85% formic acid market may be stable.

Paraformaldehyde market price trend chart

On July 1, the average production price of paraformaldehyde in Shandong was 5350 yuan / ton, and on July 26, the average production price of paraformaldehyde in Shandong was 5266 yuan / ton, down 1.56%.

According to the monitoring data of business agency, the average price of domestic methanol producers was 2665 yuan / ton on July 1, and 2566 yuan / ton on July 26, down 3.94%. On July 1, the average producer price of formaldehyde in Shandong was 1270 yuan / ton, and on July 26, the average producer price of formaldehyde in Shandong was 1206 yuan / ton, down 4.99%.

Methanol prices fell in July, and paraformaldehyde was in the off-season. Business community polyoxymethylene analysts predict that polyoxymethylene may be dominated by weak operation.

1、 Price summary on July 22:

Shijiazhuang refining and chemical company quoted 7750 yuan / ton, Qilu Petrochemical Company quoted 7650 yuan / ton,

Yangba quoted 7650 yuan / ton,

Guangzhou Petrochemical quoted 7900 yuan / ton, Maoming Petrochemical quoted 7850 yuan / ton,

Changling Refining and Chemical Co., Ltd. offers 7700 yuan / ton,

2、 Fluctuation trend:

3、 Analysis and comments:

In terms of crude oil, the EU adjusted its sanctions against Russia, which will allow Russian state-owned companies to ship oil to third countries. The tight supply is expected to ease slightly, and the oil price fell.

Today, Sinopec reduced toluene in South China by 250 yuan / ton.

Crude oil fell for three consecutive days, with weak external news and loose cost support. Domestic demand for toluene is sluggish, and negotiations continue to decline.

According to the monitoring data of business news agency, as of July 22, the reference average price of 30% grade phosphorus ore in the mainstream areas of China was around 1083 yuan / ton. Compared with July 1 (the reference price of phosphorus ore was 1066 yuan / ton), the price increased by 17 yuan / ton, or 1.56%. Compared with June 1 (the reference price of phosphate rock is 910 yuan / ton), the price increased by 173 yuan / ton, or 19.05%.

It can be seen from the data monitoring chart of the business agency that since July, the domestic medium and high-end phosphorus ore market has continued to operate at a high level. At the beginning of July, the market price of 30% grade phosphate rock and phosphate ore basically broke through the 1000 yuan level, the on-site supply remained tight, and the operators were reluctant to sell. Large mining enterprises were mainly for their own use, and there were basically few external sales. The on-site circulation spot was insufficient, and the market continued to operate strongly. On July 11, some mining enterprises in Guizhou and Guangxi raised the market price of medium and high-end grade phosphate ore again, by about 30-50 yuan / ton, The high-end market price of 30% grade phosphorus ore in Guizhou exceeded 1150 yuan / ton, and then the phosphorus ore market as a whole operated steadily until late July. At present, as of July 22, the domestic market price of 30% grade phosphorus ore is around 1050-1150 yuan / ton, which is discussed in detail, and the market price of 28% grade phosphorus ore is around 900-980 yuan / ton, which is discussed in detail.

In terms of downstream yellow phosphorus, since July (7.1-7.21), the domestic yellow phosphorus market has been operating downward as a whole. According to the monitoring data of business agency, the reference price of yellow phosphorus was 33000 yuan / ton on July 21, a decrease of 12.23% compared with July 1 (37600 yuan / ton).

Prediction and analysis of future trend of phosphate rock

At present, the domestic phosphorus ore market continues to be in tight supply, with mines mainly receiving pre orders, and some mining enterprises bidding for sales. Insiders said that the tight supply situation in the phosphorus ore market will be greatly improved in the short term, and the tension may continue until the end of the year. The phosphorus ore datagrapher of business society believes that in the short term, the domestic phosphorus ore market is mainly high-level consolidation and operation, and the specific trend needs to pay more attention to the specific changes in supply and demand.

1、 Price trend

According to the monitoring data of business agency, the average factory price of domestic ammonium sulfate was 1363 yuan / ton on July 15, and 1336 yuan / ton on July 21. The price of ammonium sulfate fell by 1.23% this week.

2、 Market analysis

The price of ammonium sulfate continued to fall this week. At present, the demand for ammonium sulfate in the plant is weak, and the downstream is mainly purchased on demand. Under the downward trend of ammonium sulfate, the industry mostly takes a wait-and-see attitude. In terms of international exports, the price of ammonium sulfate decreased. Manufacturers and dealers have more inventory and less ammonium sulfate trading volume. In the short term, the depressed market is difficult to change, and the weak market continues. As of July 21, coking grade ammonium sulfate, the mainstream factory quotation of ammonium sulfate in Shandong is about 1300 yuan / ton, and the mainstream factory quotation of ammonium sulfate in Hebei is about 1260 yuan / ton. Hexene grade ammonium sulfate, the mainstream ex factory quotation in Shandong is 1330-1420 yuan / ton.

This week, the downstream compound fertilizer market continued to be weak, and the market transaction center moved down. The trend of urea and monoammonium phosphate as raw materials of compound fertilizer is not good, and the cost support of compound fertilizer is weak. The demand support is limited, and the dealers operate with caution. Most compound fertilizer manufacturers still suspend quotation.

3、 Aftermarket forecast

The ammonium sulfate analyst of business society believes that the ammonium sulfate Market is still weak this week, and the current market is mainly bad. The on-site supply is large, and the demand side needs to be released. It is expected that the price of ammonium sulfate will continue to decline in the short term.

According to the monitoring data of business agency, since July, the terminal demand has been sluggish, and the hydrogen peroxide market has continued to decline, with a decline of more than 7%. At the beginning of the month, the average market price of hydrogen peroxide was 946 yuan / ton. On July 19, the average market price of hydrogen peroxide was 873 yuan / ton, down 7.75%.

Weak demand, hydrogen peroxide market continued to fall

Since July, the hydrogen peroxide market has fallen endlessly, falling for more than ten days, and the mainstream quotation has fallen below 900 yuan / ton. The main reason is the sluggish terminal demand, the decline in market trading volume and the decline in manufacturer quotations. As of July 13, the average market price of hydrogen peroxide was 893 yuan / ton, a decrease of more than 5%. Terminal demand is poor, hydrogen peroxide supply is loose, and the market is all the way down. On the 19th, the price of hydrogen peroxide still fell below 880 yuan / ton, lasting 870 yuan / ton.

Li Bing, an hydrogen peroxide analyst at business club, believes that in the off-season of hydrogen peroxide consumption, the price of hydrogen peroxide will continue to weaken in the future.

The price of orthobenzene fell sharply this week

According to the trend chart of the price of ortho xylene in business society, the price of ortho xylene fell continuously this week, the price of ortho xylene in the external market fell violently, and the domestic ortho xylene market fell. As of July 18, the price of orthobenzene was 8300 yuan / ton, down 5.68% from 8800 yuan / ton on July 10 last weekend; The market of industrial chain is weak, and the market of neighboring benzene fell this week.

The high price of mixed xylene fell this week

According to the trend chart of mixed xylene in business society, affected by the fall in crude oil prices, the price of mixed xylene fell violently this week. As of July 18, the price of mixed xylene was 8230 yuan / ton, down 3.40% from 8520 yuan / ton on July 10 last weekend. This week, the price of mixed xylene fell violently, the cost of o-xylene fell, and the downward pressure of o-xylene increased.

Downstream phthalic anhydride prices fell sharply

It can be seen from the trend chart of phthalic anhydride price of business club that the price of phthalic anhydride fell sharply this week, and the market of phthalic anhydride was weak. As of July 18, the price of phthalic anhydride was 8100 yuan / ton, down 5.26% from 8550 yuan / ton on July 10 last weekend. The price of phthalic anhydride fell sharply this week, and the downward pressure of o-xylene increased.

Outlook

Analysts of o-xylene data of business agency believe that affected by the fall in crude oil prices, the price of mixed xylene fell sharply this week, and the raw material cost of o-xylene fell; The price of phthalic anhydride in the downstream fell sharply, and the demand for phthalic anhydride was weak. In general, the cost of ortho benzene fell, the downstream demand was weak, the external price of ortho benzene fell, the rising momentum of ortho benzene weakened, and the downward pressure increased. It is expected that the price of ortho xylene will fluctuate and fall in the future.

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.