Category Archives: Uncategorized

The price of orthobenzene stabilized after rising sharply in February

After the price of benzene stabilized in February

 

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According to the price trend chart of orthobenzene in business society, the price of orthobenzene stabilized after rising in February. As of February 25, the price of orthobenzene was 7800 yuan / ton, up 9.86% from 7100 yuan / ton on February 1 at the beginning of the month. The price of crude oil rose sharply, the price of mixed xylene rose sharply, the cost of orthobenzene rose, and the market of orthobenzene rose.

 

The price of raw material mixed xylene rose sharply

 

According to the trend chart of mixed xylene in business society, the price of mixed xylene rose sharply in February, with an increase of 25.48%. The price of mixed xylene rises, the cost of o-xylene rises, and the driving force of o-xylene rise is large.

 

The price of downstream phthalic anhydride rose slightly

 

As can be seen from the price trend chart of phthalic anhydride in business society, the price of phthalic anhydride rose slightly in February. As of February 25, the price of phthalic anhydride was 8062.50 yuan / ton, up 1.74% from 7925 yuan / ton on February 1 at the beginning of the month. In February, the price of phthalic anhydride rose, the demand for phthalic anhydride was strong and stable temporarily, the demand for o-xylene was stable temporarily, and the rising power of o-xylene remained.

 

Outlook

 

Analysts of orthoxylene data of business agency believe that affected by the rise of crude oil price, the price of raw material mixed xylene fluctuated sharply, the price of phthalic anhydride rose slightly, and the favorable downstream market still exists. As a whole, the cost of o-xylene rose, the demand was temporarily stable, the driving force of o-xylene rise was large, and the price of o-xylene rose. In the future, the price of phthalic anhydride tends to stabilize, and the price of mixed xylene fluctuates to maintain stability. It is expected that the price of adjacent benzene will stabilize strongly in the future.

http://www.pva-china.net

Ethylene glycol daily review (20224)

The latest p-value price of ethylene glycol on February 24 was 5091.67 yuan / ton.

 

In terms of upstream raw materials, the sharp deterioration of the situation in Ukraine triggered market shocks, the price of crude oil exceeded the 100 yuan mark, and the sharp rise in commodity prices exacerbated concerns about inflation and economic growth risks. Ethylene glycol is stronger than the previous market, but the overall supply and demand pressure is large, and the social inventory continues to accumulate slightly. Downstream polyester procurement slowed down, polyester closing price fell slightly, manufacturers intended to control inventory, and terminal orders were weak.

 

Forecast: the cost rises slightly, but the market is still dragged down by the downstream. In the later stage, we need to pay attention to the recovery of the demand side. In the short term, it is expected to be low and wide.

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On February 23, the price of PVC in China’s domestic market fell

1、 Price trend

 

Latest price (February 23): 8570 yuan / ton

 

Key points of analysis: according to the data monitoring chart of business agency, the average domestic spot price of pvc5 was 8570 yuan / ton on February 23, down 0.23% from the previous trading day and up 4.35% year-on-year. At present, the macro atmosphere has weakened, the fundamentals of PVC have not changed greatly, the PVC market is still weak, and the prices rise and fall. At present, the price of raw calcium carbide is about 4050-4150 yuan / ton, and the price of PVC is 8300-8750 yuan / ton.

 

The PVC market is expected to be stable and weak.

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On February 22, the sulfur market was sorted upward

Trade name: sulfur

 

Latest price (February 22): 2253.33 yuan / ton

 

Key points of analysis: according to the price monitoring of business agency, the price of sulfur in East China today increased by 2.27% compared with yesterday. The domestic sulfur market was reorganized upward. The price of solid and liquid sulfur in Shandong increased by 50 yuan / ton simultaneously. The price of solid sulfur in North China was temporarily stable, the price of liquid sulfur increased by 50 yuan / ton, the price of solid sulfur in East China increased by 50 yuan / ton, and the price of liquid sulfur increased by 80 yuan / ton. There is no inventory pressure in domestic refineries, the downstream sulfuric acid market is improving, the demand for liquid sulfur is increasing, the port supply inventory is less, the cargo holders have strong intention to support the price, it is difficult to find low prices, and the price of liquid sulfur in regional refineries is rising; In terms of downstream phosphate fertilizer, the demand for sulfur is acceptable, the refinery shipment is smooth, and the price of sulfur fixation increases slightly.

 

Future forecast: the future sulfur market will remain stable for the time being, with specific attention to the downstream follow-up.

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On February 21, the price of diammonium phosphate rose

Trade name: diammonium phosphate

 

Latest price: 3646 yuan / ton

 

Key points of analysis: the price of diammonium phosphate rose on February 11, up 0.69% compared with the previous trading day. Today, the market of diammonium chloride is advancing steadily, with sufficient early orders, and the enterprise owners issue early orders. Today, the mainstream factory quotation of 64% diammonium in Hubei is 3600-3650 yuan / ton, and the arrival quotation of 64% diammonium in Heilongjiang in Yunnan Guizhou is 3750-3850 yuan / ton. The actual transaction can be negotiated.

 

Future forecast: in the short term, the price of diammonium phosphate will run steadily and well.

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