From July 19 to July 23, 2021, the market price of crude benzene continued to decline, at 6441 yuan / ton at the beginning of the week and 6126 yuan / ton at the end of the week, down 4.89%.

Summary of price adjustment of Sinopec pure benzene in July 2021 (unit: yuan / ton)

Date., adjusted price., adjusted amount

July 2, 8750., + 300

July 12, 8600. – 150

July 19, 8450. – 150

July 21, 8150. – 300

On July 21, 2021, the listing price of Sinopec’s pure benzene was reduced by 300 yuan / ton. At present, it is 8150 yuan / ton, of which Qilu Petrochemical is 8100 yuan / ton.

This week, the trend of pure benzene market first fell and then rose. The trend of crude oil market in the first half of the week was downward and the price rebounded at the weekend. The pure benzene market closely followed the trend of crude oil this week and mainly operated from weak to strong. The hydrogenated benzene market is affected by Sinopec’s two rounds of lowering the ex factory price of pure benzene this week. At present, the market mentality is weak and the overall market is mainly on the sidelines. The crude benzene market continued the weak market. The bidding price in Shandong was reduced by 315 yuan / ton, and 6125-6130 yuan / ton was implemented this week.

At present, the raw material supply of some coking enterprises is relatively high, but the overall profit of some coking enterprises is still limited by the environmental protection policy, but the supply of raw materials is still relatively high. There is a maintenance plan for some downstream hydrobenzene units, and it is expected that the demand for crude benzene will be tightened to a certain extent. It is expected that the price of crude benzene will not have a large upward space, mainly maintaining a weak shock trend.

1、 Price trend

According to the market data, the average price of glycerin was 23.48 yuan / ton, down from 6036.7 tons last Friday, down from the average price of glycerin on Friday.

The price range of glycol fluctuated on Tuesday. The ex factory quotation of Sinopec in North China was temporarily stable and that of Sinopec in South China was temporarily stable. PetroChina northeast Jilin Petrochemical lowered its quotation by 600 yuan / ton.

2、 Analysis of influencing factors

As of July 19, the total inventory of diethylene glycol in the main port of East China was 19600 tons, a decrease of 4700 tons or 19.34% compared with last Monday.

Sinopec South China unit operates smoothly. At present, PetroChina northeast Jilin Petrochemical has shut down and overhauled the diethylene glycol production line, with a unit capacity of 109000 T / A. It is expected to restart in late July. It is mainly supplied to users in Northeast China, most of which are produced and used by themselves, and the export volume is small.

3、 Analysis and prediction

The overall supply and demand performance was relatively stable. The low price and small stock of downstream factories supported the upward trend of real orders in the market, and the transaction was slightly supported. Crude oil and ethylene glycol rose, giving the market some support and boost. It is expected that the short-term diethylene glycol market will still be dominated by shock consolidation.

Price trend

According to the bulk list data of business society, the recent domestic PA66 market is weak, and the spot prices of various brands have weakened in a narrow range. As of July 23, the average offer price of PA66 adhesive injection molding sample enterprises of business society was about 38250 yuan / ton, a decrease of 0.78% compared with the average price at the beginning of the month and a weekly decrease of 0.65%; There was a year-on-year increase of 102.92%.

Cause analysis

The upstream adipic acid market strengthened significantly in early July. Although it fell slightly recently, the price is still above the 10000 yuan mark. Previously, pure benzene, the raw material of Lido adipate, has declined recently. Although the supply of pure benzene in the spot market is still tight, the downstream products are at a loss and the load of some units is reduced. The demand for pure benzene decreased, with great downward pressure, and adipic acid followed the decline of upstream pure benzene. In terms of supply, the change of adipic acid operation level is limited, the manufacturer’s inventory pressure is general, and some enterprises return to work after maintenance, diverting the supply pressure. In the early stage, the manufacturers concentrated on raising the listing price. At present, the market offer maintains the price range after the rise, and some dealers have no goods in their hands. There are signs of empty rise and virtual high price. However, at present, it has gradually entered the off-season, the shipment fluency has gradually decreased, and the market response has gradually been light. At present, there has been some resistance to the spot price, and it is expected that the market will weaken in a narrow range in the near future.

The height and narrow range of raw adipic acid are adjusted, and the cost side support of PA66 is acceptable. Recent market shows that PA66 price has no feedback on upstream support, and the market is still in the off-season. Generally, the pattern of weak supply and demand remains unchanged. In terms of operating rate, the overall load level of domestic PA66 enterprises is not high, and there has been no news of resumption of work since July. The demand follow-up of terminal enterprises is slow, buyers have a heavy wait-and-see mentality, and the on-site delivery orders are small. The merchant’s offer operation is biased towards flexible shipment and drags the price focus. Recently, the market momentum has not improved, and the light state continues.

Future forecast

Business analysts believe that the domestic PA66 market has weakened narrowly recently, and the feedback on the cost side support of adipic acid is poor. In the case of poor profit of end users and insufficient follow-up of stock demand, the upstream benefit was not reflected in the spot price of PA66. The current market is still relatively prominent in the off-season, with weak supply and demand. At present, the market lacks trading power and the market atmosphere is weak. It is expected that the PA66 market will be weak in the short term.

According to the data monitored by the business community, as of July 22, the average price of domestic rubber grade high-grade silica was 4875.00 yuan / ton, and the mainstream price range was 4500-5000 yuan / ton. The market of silica was stable, the supply side was normal, the manufacturers were active in shipping, the upstream support was general, the downstream just needed to purchase, the overall operating rate was normal, the negotiation atmosphere was flat, and the price was stable in the short term.

The domestic rubber grade silica market has a stable trend as a whole, with the mainstream price range of 4500-5000 yuan / ton. The quotation of upstream hydrochloric acid manufacturers is temporarily stable, and the overall market is general, mainly focusing on stable operation. The main contract orders of silica are limited, and the number of new orders is limited. The overall market purchasing atmosphere is flat, mainly focusing on negotiation. The attitude of merchants is stable, the focus of negotiation is stable, and the merchants take the goods carefully, Slow delivery, overall market supply and demand balance, normal delivery, general inventory.

On July 21, the chemical industry index was 1101 points, up 2 points from yesterday, reaching a record high in the cycle, up 84.11% from 598 points, the lowest point on April 8, 2020（ Note: period refers to the period from December 1, 2011 to now

Business community silica analysts believe that: in the short term, silica maintains stable operation, and the price fluctuation range is limited（ If you want to know more about the industry chain, please pay attention to the official account of the business community, get the information and grasp the price.

1、 Price trend

According to the data of the business club’s block list, the average ex factory price of powdered monoammonium on July 12 was 3050 yuan / ton, and that on July 18 was 3083 yuan / ton, up 1.09% this week.

According to the data of the business club’s block list, on July 12, the average ex factory price of 64% diammonium was 3316 yuan / ton, and on July 18, the average ex factory price of 64% diammonium was 3316 yuan / ton, which was stable this week.

2、 Market analysis

This week, the price of monoammonium phosphate rose, and the operating rate of enterprises was about 67%. The company has a large waiting volume, sufficient domestic orders and good trading atmosphere. The ex factory price of 55% powdered ammonium in Hubei Province is about 3350-3450 yuan / ton. Most enterprises do not issue new orders for the time being, there is no quotation for the time being, and the actual price is mainly discussed.

This week, the price of DAP was stable, and the operating rate of the enterprise was about 48%. The main stream price of 64% diammonium in Hubei Province is 3350-3400 yuan / ton, and the main stream price of 64% diammonium in North China is about 3600 yuan / ton. The supply of goods is tight, and the enterprises are waiting for a large quantity. Some enterprises shut down their equipment for maintenance, while most enterprises do not offer for the time being.

At present, the average reference price of 30% grade of raw phosphorus ore in domestic mainstream areas is around 386.67 yuan / ton, which is basically the same as a week ago. At present, the quotation of mining enterprises is firm, and the lower reaches receive orders moderately. The price of raw sulfur continued to rise and the transaction atmosphere was good.

3、 Future forecast

Business community ammonium phosphate analysts believe that the current ammonium phosphate market atmosphere is good, raw material prices run high. The domestic order of DAP is insufficient and the foreign market is in hot demand. It is expected that in the short term, the price of Monoammonium will continue to rise. Diammonium continued to run smoothly.