Category Archives: Uncategorized

On February 10, the fundamentals were good, and the bidding price of crude benzene increased

On February 10, 2022, the domestic crude benzene price was 6339 yuan / ton, up from the previous day.

 

Basically, the prices of pure benzene and crude oil rose after the festival. Sinopec raised the ex factory price of pure benzene to 8100 yuan / ton. Although the crude oil price rebounded slightly near the weekend, the overall industrial chain is still upward. The price of hydrogenated benzene increased with pure benzene. At present, the mainstream ex factory price is 8100 yuan / ton. The bidding price of crude benzene was introduced this week, which was significantly higher than that of last week. The price of crude benzene in Shandong was 6580 ~ 6585 yuan / ton, which was 370 yuan / ton higher than that of last week. Crude oil rebounded slightly yesterday, styrene prices continued to fall on the 10th, and pure benzene weakened slightly with styrene. Today, the mainstream price of domestic pure benzene is 8050-8450 yuan / ton.

PVA

The price of caprolactam rose on February 9

Trade name: caprolactam

 

Latest price: 14125 yuan / ton

 

Key points of analysis: the price of caprolactam rose on February 9, up 0.36% compared with the previous trading day. At present, the raw material pure benzene has a strong high level and good cost support. Today, the trading atmosphere of caprolactam was good, the manufacturer’s supply was stable, the downstream procurement began to follow up, and the overall market situation was strong. It is recommended to focus on cost and demand side changes.

 

Future forecast: the price of caprolactam will rise steadily in the short term.

PVA

On February 8, the market price of sulfur rose

Trade name: sulfur

 

Latest price (February 8): 2170.00 yuan / ton

 

Key points of analysis: according to the price monitoring of business agency, the price of sulfur in East China today increased by 0.93% compared with yesterday, and the domestic sulfur market rose strongly. Refineries in various regions adjusted their quotations according to their shipment and inventory. The price rise of solid-liquid sulfur was different. Except for the large rise of solid-liquid sulfur in North China, the rise of domestic solid sulfur was small, and the price of liquid sulfur rose sharply, In North China, the fixed sulfur is increased by 250 yuan / ton, and the liquid sulfur is increased by 300-330 yuan / ton; In Shandong and East China, solid sulfur will be increased by 20 yuan / ton and liquid sulfur by 130-150 yuan / ton. Domestic refineries have no inventory pressure for the time being, the downstream sulfuric acid market is rising, the demand for liquid sulfur is increasing, the superposition of port supply into the market is less, the port liquid sulfur price is supported, and the liquid sulfur price of regional refineries is rising sharply; 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.

 

Aftermarket forecast: the aftermarket sulfur market is relatively strong, so we should pay more attention to the downstream follow-up.

PVA

On February 7, the market price of n-butanol in China rose sharply

Product Name: n-butanol

 

Latest price (February 7): 11633 yuan / ton

 

Key points of analysis: according to the data monitoring chart of business agency, on February 7, the domestic n-butanol market in Shandong rose sharply. The average ex factory price of n-butanol was 11633 yuan / ton. Compared with the previous working day, the average price was increased by 2000 yuan / ton, or 24.20%. On the 7th, on the first day after the Spring Festival, the domestic n-butanol market in Shandong rose sharply. During the festival, the international crude oil price continued to rise. The n-butanol industry had a good mentality, the sales pressure of n-butanol factories was small, and the quotation after the festival increased significantly. On the 7th, Wanhua chemical delivered n-butanol in North China with reference to 12000 yuan / ton.

 

Future forecast: at present, with the return after the festival, the trading atmosphere on the floor is normal and the mentality of the operators is positive. The n-butanol data division of the business society believes that in the short term, the domestic n-butanol market in Shandong is mainly high-level consolidation, and more attention needs to be paid to the basic changes in supply and demand.

PVA

On January 27, China’s domestic titanium dioxide market maintained stability

Trade name: titanium dioxide

 

The latest price on January 27: 20850 yuan / ton

 

Key points of analysis: on January 27, the domestic titanium dioxide market was temporarily stable. Domestic titanium dioxide enterprises have good market confidence, and export orders are performing well at present. The main supply of early orders, the Spring Festival holiday is approaching, and the market is basically stagnant.

 

It is expected that the titanium dioxide market will maintain stable operation in the short term.

PVA