The price of asphalt in some areas of Sinopec rose sharply. The price of asphalt in Shandong increased by 100 yuan / ton, and that in South China increased by 50 yuan / ton, which led to a narrow upward trend in the domestic asphalt market. According to the monitoring data of the business agency, as of July 7, the average spot price of domestic asphalt was 34601 yuan / ton, with a month on month increase of 5.49% and a year-on-year increase of 41.95%.

On July 7, the main contract 2109 of petroleum asphalt futures opened and closed at 3416 yuan / ton, down 4.21%. The sharp decline of international crude oil led to the downward trend of asphalt futures. The enthusiasm of some current companies to sell their sources of goods has increased. The downstream receiving strength is not strong, and the price of asphalt futures is mainly adjusted in a weak way.

Some refineries started to reduce the load to drive the supply downward, the overall resource concentration is slightly higher, the market low-cost resources are limited, business community asphalt analysts predict that the asphalt spot market is mainly strong in the short term.

The dichloromethane market rose first and then fell in June. According to the monitoring data of the business community, the price of dichloromethane was 3840 yuan / ton at the beginning of the month and 3796 yuan / ton at the end of the month. Overall, the end of the month was 1.13% lower than the beginning of the month.

The price of raw material liquid chlorine is low, and the cost support is weak. The lower price of methanol also formed a certain negative atmosphere for chloroform. According to the business news agency, as of the end of June, the mainstream ex factory price of liquid chlorine for tank cars in Shandong Province was around 850 yuan / ton, down 58.54% from 2050 yuan / ton at the beginning of the month; Methanol price dropped from 2665 yuan / ton at the beginning of the month to 2555 yuan / ton at the end of the month, with an overall decline of 4.13%.

In summer, the start-up of downstream part of peak power consumption is reduced, and the downstream parts of film, diluent and foaming agent are purchased on demand, which weakens the support for dichloromethane.

Business community methane chloride data analysts believe that at present, the domestic dichloromethane market supply is sufficient, coupled with lower support weakened, it is expected that the price of dichloromethane will fluctuate in a narrow range in the near future.

Trade name: isooctanol

Latest price (July 5): 15700.00 yuan / ton

On July 5, the ex factory quotation of ISO octanol in Shandong increased by 166.67 yuan / ton, or 1.07%, compared with the quotation on July 2. The upstream propylene market rose slightly, the cost support was good, the downstream DOP market also had an upward trend, the downstream purchasing enthusiasm increased, and the octanol supply was tight.

In recent years, the factory price of octanol in Shandong may rise slightly: the manufacturer’s quotation is about 16000 yuan / ton.

Price trend:

According to the data of the business club’s block list, the domestic ABS market fell mainly in June, and most brands of spot products fell. As of July 1, the average price of general ABS mainstream offer was about 17700 yuan / ton, with a decrease of 1.94% compared with the average price at the beginning of the month and a rise of 33.58% compared with the same period last year.

Factor analysis:

In terms of raw material styrene, the domestic styrene price continued to decline in May, with weak supply and demand in the first and second half of the market and low trading momentum. It stopped falling and rebounded in the last ten days. Domestic factories and ports in Jiangsu Province were at a low level throughout the month, and good support from the supply side was acceptable. However, it is expected that the supply of styrene abroad, especially in the near ocean, will pick up, and the import volume is expected to gradually increase. At the end of the month, the average operating load of domestic styrene plants was about 80%, slightly lower than before. As for pure benzene, due to the unexpected production reduction of large-scale plants in East China and the delayed arrival of US dollar cargoes at the port, the inventory of pure benzene was low. The price of pure benzene rose mainly in June, and the price hit a new high in the year, which was good for the cost side of styrene. However, with the recent restart of styrene short-term shutdown unit and the commissioning of Gulei petrochemical, the supply has picked up, and the demand will continue to be weak in the off-season. It is expected that the price fluctuation of styrene will be weak in the later period.

Upstream butadiene: the domestic butadiene market continued the upward trend in June. The price of butadiene in China rose to a new high in the year, driven by the continued high rise of the external market. During the month, the delayed start-up of phase II plant of Zhejiang Petrochemical Co., Ltd., the unexpected situation of Shanghai Petrochemical Co., Ltd. and Quanzhou Petrochemical Co., Ltd., as well as the supply side news such as domestic exports of goods all gave obvious support to the market. Although the downstream synthetic rubber market rose slightly, the terminal performance was not good. The butadiene market went up without the continuous support of downstream demand. In the middle and late ten days, with the butadiene industry reaching a high level, the transaction of some high price sources was gradually weak. In addition, affected by the policy, the downstream construction was not good at the end of the month, and the transportation in some areas was limited, the market trading was gradually weakening, and the market performance stopped rising and consolidation. Business community butadiene analysts expect that short-term domestic butadiene market high consolidation.

In June, the price of ABS cost side fluctuated, and the overall support for ABS cost side was acceptable. The domestic production units have the news of repair and resumption of work, and the supply is weak on the whole, but the benefit to the spot is not obvious. The continued weakness of ABS market in June and the negative trend of spot price are typical off-season market. Under the traditional off-season, the pattern of weak supply and demand of ABS is difficult to open, and the overall trading atmosphere of the market is lower. Downstream enterprises are slow to follow up and tend to buy up but not down. The market as a whole is short and the offer is weak.

Future forecast:

Business analysts believe that: ABS spot market in June weak operation, raw materials, mixed trend, the cost of ABS support. The low market momentum in off-season is the main bad news in the market. Enterprises and businesses tend to give up profits and take orders. The actual trading is mainly small orders. It is expected that the ABS spot market will continue to be weak in the near future.

Price trend

According to the data of business club’s block list, the domestic PA66 market fell in June, and the spot prices of various brands fell. As of June 30, the average offer price of PA66 medium viscosity injection molding sample enterprises was about 38650 yuan / ton, a decrease of 1.90% compared with the average price at the beginning of the month, and a rise of 104.05% compared with the same period last year.

Cause analysis

Upstream adipic acid, June to undertake may domestic spot prices fell sharply. Enter this month, adipic acid Market horizontal stalemate operation. Under the influence of relatively weak demand, the price lost its direction. In terms of operating rate, the load of adipic acid enterprises has dropped in the month, but the enterprise inventory is high, the supply is under pressure, and the market is weak. In the early stage, enterprises reduced prices to arrange warehouses. Now the prices are basically back to the equilibrium point, and the prices are stable at 10000 yuan. It is estimated that the downward space is not large in the short term, and it may be weak and stable in the near future.

The raw material adipic acid was running horizontally, and the cost side support of PA66 was maintained. In June, the overall supply and demand of PA66 market was weak, and the characteristics of off-season market were prominent, and the spot price gradually rose downward. The overall operating rate of domestic PA66 industry is still not high, and the load of some enterprises increased in the month. The support from the cost side and the supply side of the rubber and plastic industry is average. The overall market momentum is insufficient and the wait-and-see mentality is heavy in the off-season of the rubber and plastic industry. The merchants are flexible to negotiate with each other and the end users are slow to follow up. The resistance of high price source of goods is still large. Throughout the month, the market atmosphere was light, the market inquiries were limited, and the actual transactions were mostly small.

Future forecast

Analysts from business news agency said: in June, the domestic PA66 market was weak, and the profits of aggregation enterprises and end users were poor. At present, the industry is still affected by the traditional off-season, lack of consumption. Although there is a certain support of capacity loss in the market, the market atmosphere is weak and supply and demand are weak. It is expected that PA66 market will be easy to fall but difficult to rise in the short term.

1、 Price trend

Business agency: the price of maleic anhydride declined in June as a whole

According to the data of business agency, the average price of maleic anhydride offer as of June 30 was 9650.00 yuan / ton (including tax), down 1.53% compared with 9800.00 yuan / ton on June 1.

On June 29, the maleic anhydride commodity index was 89.96, which was flat with yesterday, down 27.26% from the highest point 123.67 in the cycle (2017-12-26), up 75.77% from the lowest point of 51.18 on April 14, 2020（ Note: period refers to the period from September 1, 2011 to now

2、 Analysis of influencing factors

In June, the market price of maleic anhydride fell as a whole, and the international crude oil rose, leading to the rise of domestic chemical prices, the lower unsaturated resin commencement rate, strong wait-and-see sentiment in the resin market, and the purchase was required. As of the 30th, the solid anhydrides in Shandong Province were about 9800 yuan / ton, that of Jiangsu Province was about 9700 yuan / ton, that of Shanxi was about 9800 yuan / ton, that of Hebei Province was about 9800 yuan / ton, and that of South China was about 9800 yuan / ton.

International crude oil fluctuated, international economy in multiple regions recovered gradually, vaccination in the United States continued to increase, US crude oil demand ushered in a peak season, the expectation of recovery of European and American demand boosted the crude oil market, and OPEC + alliance continued to adhere to the measures of gradually resuming supply in June-July, offsetting the risk of oil price support caused by the consensus reached in the negotiation of the US Iraq nuclear agreement.

At present, affected by environmental factors, the downstream unsaturated resin commencement rate is down, the resin market is in a strong wait-and-see mood, and it is just to be purchased.

According to the monitoring of the business society, the overall operating rate of hydrogenation benzene enterprises in June was about 80%, up from last month, most of the units started normally, and some of the early shutdown units had restart plans. At present, the price of hydrobenzene is high. As of June 30, the price of hydrogenated benzene in North China is 7950.00 yuan / ton, the profits of the enterprise have improved, and the production and sales are positive. The start-up and parking cost of hydrogenation benzene enterprises is lower than that of pure benzene, and most of the manufacturers are discharged according to the profit. The price of Shandong Province is 4200 yuan / ton for n-butane.

3、 Future forecast

Analysts of maleic anhydride products of the business society believe that: the international crude oil rose and the market cost of maleic anhydride was supported. Although the downstream resin demand continued to be weak, it was just needed to support, and the trend of maleic anhydride market price is expected to rise in the near future.

1、 Price trend

According to the monitoring data of business agency, as of June 29th, 2021, the domestic reference price of EPDM 4045 was 26000.00 yuan / ton, which was the same as that of the previous working day, which was the same as that of last Tuesday, and fell 1.64% compared with May 28.

2、 Market analysis

After entering June, the trading price of EPDM market fell, and the price of Jihua 4045 EPDM was stable at 26000.00 yuan / ton on June 8; The price of ethylene propylene rubber market of Sinopec No.3 well 4045m, 3092pm, 3062em, 3110m and other specifications is stable at 25500.00 yuan / ton. The market trading atmosphere is flat, the quotation of intermediate traders is stable and the transaction is normal.

upper reaches:

According to the price map of business agency, after the Dragon Boat Festival, the propylene market in Shandong was sorted and operated, and the market transaction rose to between 7600 yuan and 7900 yuan / ton, and the mainstream price was about 7900 yuan / ton. The price of mainstream manufacturers remained unchanged, and the low-end prices increased. The propene market is expected to rise in the near future.

According to the monitoring data of business agency, the recent external market of ethylene market has risen, the demand of the whole ethylene market is good, the purchasing atmosphere is active, the transaction is good, and the center of ethylene market gradually moves up. The market is optimistic about crude oil market, and data analysts of business agency expect that the external price of ethylene will be mainly higher.

3、 Future forecast

The analysis of EPDM of business agency thinks: the current market transaction is stable, the upstream propylene cost is not strong driving force, and the ethylene market is up, which may affect the price of EPDM in a small extent; It is expected that the ethylene propylene rubber market will remain stable in the later period. It is suggested to pay attention to the dynamic of the device and the demand of downstream users.

1、 Price trend

According to the data monitoring of business news agency, the average price of domestic liquefied natural gas on June 28 was 3666.67 yuan / ton, up 1.1% from the beginning of this month and 48.65% from the same period last year.

2、 Analysis of influencing factors

In June, the domestic LNG market fluctuated, which was generally divided into four stages: down up down up. There were two obvious increases in the middle and the end of the month, but the amplitude was not large, and the overall trend was W-shaped. In June, the off-season demand had a significant impact. The domestic LNG market price continued to decline. On the 15th, the first working day after the Dragon Boat Festival, the logistics recovered after the festival, the downstream replenishment and the price of raw gas rose, and the liquid market ushered in a wave of rise. However, the rally did not last long, and the security inspection strictly affected the trading in some areas. On the 21st, it quickly fell back to the previous rise. Towards the end of the month, the price of imported liquid rose, boosting the domestic liquid market, adding to the maintenance of liquid plants. The supply side was favorable, and the liquid price rose by more than 3% on the 28th. The manufacturers had a positive attitude of supporting the price. Under the psychology of buying up but not buying down, the market trading atmosphere improved, but the wait-and-see attitude remained unchanged.

On June 28, the domestic liquefied natural gas market rose in a large area, with 3450-3700 yuan / ton in Inner Mongolia, 3580-3720 yuan / ton in Shaanxi, 3600-3770 yuan / ton in Shanxi, 3650-3730 yuan / ton in Ningxia, 3800-3850 yuan / ton in Henan and 3670-3700 yuan / ton in Hebei.

region Specifications June 28th June 1st Up and down

Inner Mongolia liquified natural gas 3450-3700 3450-3650 + 0/+50

Shaanxi liquified natural gas 3580-3720 3560-3720 + 20/0

Shanxi liquified natural gas 3600-3770 3650-3770 – 50/0

Ningxia liquified natural gas 3650-3730 3600-3700 + 50/+30

Henan Province liquified natural gas 3800-3850 3750-3900 + 50/-50

Hebei liquified natural gas 3670-3700 3540-3800 + 130/-100

For urea, the ex factory quotation of urea in Shandong Province rose on June 28, 60 yuan / ton higher than that on June 25, or 2.22%. The price of upstream coal has risen sharply recently, and the cost support has been strengthened. From the aspect of demand, the demand of agriculture in different areas has been cooling down, and the demand of agriculture has been decreasing; However, the price of compound fertilizer in the lower reaches has risen, and the construction of rubber sheet factories and melamine enterprises is acceptable, and most of them are used as soon as they are mined. In terms of supply, the daily output of urea plants is still lower than that of the same period last year, and the supply side is tight. At the same time, the enterprise inventory and social inventory are also kept at a low position. Affected by the shortage of coal, some areas begin to reduce production. On the whole, urea cost support is strengthened, downstream demand is stable, and urea supply is tight. Forecast: it is expected that the ex factory price of urea in Shandong will rise slightly in the future: the average price quoted by manufacturers is about 2800 yuan / ton.

Dichloromethane: on the 28th, the price of dichloromethane in Shandong was 3770 yuan / ton, down 4.39% from the previous day. Over the weekend, the factory prices of some dichloromethane manufacturers in Shandong Province were lowered. According to the monitoring of the business agency, as of June 28, the dichloromethane bulk water of Shandong Luxi Chemical Co., Ltd. had been delivered in cash at 3890 yuan / ton; Shandong Jinling dichloromethane bulk water ex works at 3670 yuan / ton. Recently, the overall start-up of domestic methane chloride plant has been improved, and the supply has increased slightly, which has an impact on the formation of partial empty dichloromethane. In addition, the price of liquid chlorine dropped sharply. As of the 28th, the mainstream ex factory price of liquid chlorine for tank cars in Shandong Province was 850 yuan / ton, and the cost was mainly empty. Future forecast: on the one hand, the price of raw material liquid chlorine has dropped sharply; on the other hand, the domestic start-up of methane chloride has generally increased, and the impact of cost and supply side is mainly short. It is expected that dichloromethane will be weak in the future.

3、 Future forecast

Liquefied natural gas analysts of business news agency believe that: near the end of the month, the domestic liquid market fluctuated and rose. Supported by the supply side and cost side, the price rose somewhat. With the favorable bidding in July, the market will be boosted. It is expected that the domestic liquefied natural gas market will still have a small rise in the short term, but the off-season factors are still there, so the persistence of the rise is not strong.

1、 Price trend

According to the monitoring data of business news agency, the average price of domestic ammonium sulfate was 1050 yuan / ton on June 21, and 1055 yuan / ton on June 25. The price of ammonium sulfate rose by 0.55% this week.

2、 Market analysis

This week, ammonium sulfate market rebounded, prices slightly up. By the end of the week, the mainstream ex factory price of coking grade ammonium sulfate in Shandong was 1050-1100 yuan / ton, that in Hebei was 950-1100 yuan / ton, that in Shanxi was 950-1050 yuan / ton, and that in East China was 100-1100 yuan / ton.

This week, the price demand of compound fertilizer was weak, mainly in the execution of early orders. The price of raw materials is still high, the cost support of compound fertilizer is strong, and the price is firm. In the short term, the price may continue to rise steadily.

3、 Future forecast

Business agency ammonium sulfate analysts believe that the current coking grade ammonium sulfate prices rose slightly, some areas affected by environmental protection limit production. The production of by-product ammonium sulfate decreased after caprolactam plant maintenance in some enterprises. It is expected that ammonium sulfate Market will run smoothly in the short term.

According to the data of the business club’s block list, as of June 21, the average price quoted by epichlorohydrin enterprises was 13133.33 yuan / ton, up 0.51% compared with last Tuesday (June 15), down 0.51% compared with the price at the beginning of the month, and down 5.97% compared with May 21. Recently, the market of epichlorohydrin was mainly stable after a small rise, and the market was mainly light at the beginning of the week. With the improvement of downstream inquiry enthusiasm and the strong cost support of glycerin method, the market rose slightly, but the downstream only needs to follow up. The power of epichlorohydrin continued to rise is insufficient, so we need to wait and see.

Upstream propylene, as of June 21, Shandong propylene price weak operation. According to the price chart of the business club, Shandong propylene market was reorganized and operated this week after the Dragon Boat Festival. The prices of individual manufacturers were slightly adjusted. The market price was down on the 21st, down 1.83% compared with last Tuesday (June 15). The market trading atmosphere was general.

Downstream epoxy resin, on June 21, the liquid epoxy resin in East China ran smoothly, and the local market mainstream negotiated to offer 27000-27500 yuan / ton in barrels.

Business community epichlorohydrin analysts believe that in general, the recent epichlorohydrin market volatility is small, the downstream mentality is cautious, multidimensional rigid demand, market trading atmosphere is general, it is expected that in the short term, the epichlorohydrin market will be mainly stable, more attention should be paid to market information.