Category Archives: Uncategorized

General demand, asphalt market shock finishing

International crude oil prices fell slightly. On June 8, asphalt futures closed at 3162 yuan / ton, down 3.36%. At present, the asphalt spot market is mainly stable. According to the monitoring data of the business agency, as of June 8, the average spot price of domestic asphalt was 3280 yuan / ton, up 3.04% month on month and 44.18% year on year.

On June 7, Sinopec’s Asphalt price in southern China rose, driving up the market atmosphere, but the actual demand of the market was limited, and the decline of asphalt futures market price also had a certain suppression effect on the spot market.

As of June 8, the factory quotation summary of main asphalt manufacturers in Shandong Province:

Enterprise, device, price

HSBC petrochemical A set of 2.3 million T / a atmospheric and vacuum distillation unit is expected to be overhauled until mid to late April 3200 yuan / ton

Jincheng petrochemical 1500 tons per day / Kelida There are two sets of atmospheric and vacuum distillation, one set of 3.2 million tons / year atmospheric and vacuum distillation and one set of 1.2 million tons / year atmospheric and vacuum distillation 3280 yuan / ton

Dongming Petrochemical A set of 3 million tons / year atmospheric and vacuum distillation unit intermittently produces asphalt, and the unit is converted to residual oil, with a daily output of 2500-3000 tons in normal production 3850 yuan / ton

Shenchi chemical / / The actual rigid demand is general, and part of it is mainly for the demand of goods preparation. According to the prediction of the asphalt analysts of the business community, the asphalt spot market is mainly for short-term consolidation.

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Potassium carbonate price up this week (5.31-6.04)

According to the data monitored by the business agency, the average ex factory tax price of domestic light potassium carbonate was 6720.00 yuan / ton at the beginning of the week, and 6740.00 yuan / ton at the end of the week, up 0.30%. The current price is up 0.79% month on month and 7.84% year on year.

Recently, the domestic potash market is rising. Potash market supply is tight, most traders are reluctant to sell, control the source of goods. Potash trading market is in a state of supply less than demand, and the market continues to rise. According to the statistics of the business agency, the mainstream ex factory quotation range of domestic industrial grade potassium carbonate this week is about 6400-7000 yuan / ton (the quotation is for reference only), and the quotation is different according to the different procurement situation.

Recently, the quotation of potassium chloride mainstream manufacturers is at a high level: on June 4, the potassium chloride equipment of Qinghai Salt Lake Potash Fertilizer Co., Ltd. operated normally. The ex factory quotation is about 2400 yuan / ton, the quotation is temporarily stable, and the actual transaction price is mainly through negotiation. On June 4, Anhui Badou Chemical Co., Ltd. quoted about 2650 yuan / ton for potassium chloride distribution, which was temporarily stable. The actual transaction price was mainly through negotiation. Recently, the potassium chloride market was consolidated at a high level, the port inventory was limited, the traders were reluctant to sell, and the price remained high.

Analysts of potassium carbonate from business news agency believe that the domestic potassium chloride market is in a state of holding up the market and reluctant to sell in the near future, the market supply is tight, the center of gravity continues to move up, and the cost support is good. It is expected that the price of potassium carbonate will mainly rise in the short term, and the long-term market still needs to wait and see( The above prices are provided by the main manufacturers of potassium nitrate all over the country and sorted out and analyzed by the potassium carbonate analysts of the business society. They are for reference only. For more price details, please contact the relevant manufacturers for consultation).

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EVA market weak operation, the overall price fell

According to the data monitoring of business news agency, the average price of domestic EVA market was 20466.67 yuan / ton on May 30 and 19666.67 yuan / ton on June 4, with a decrease of 3.91% in the week and 1.17% compared with March 30. This week, EVA manufacturers and market quotations were reduced to varying degrees.

As of June 4, EVA ex factory quotation is as follows:

product manufactor model Ex factory price

EVA yanshan petrochemical 18J3 19600 yuan / ton

EVA Beijing Organic Y2022 19500 yuan / ton

EVA Beijing Organic Y2045 19500 yuan / ton

EVA BASF Yangzi V5110J 19900 yuan / ton

This week, some EVA petrochemical enterprises lowered the ex factory price, the market offer followed the decline, and the overall market trend was weak. At present, the price of hard material is 20000-20300 yuan / ton, and that of soft material is 20400-20600 yuan / ton. The overall weak trend of EVA market is mainly affected by the demand. At present, it is in the off-season demand for foaming materials, and the release of new production capacity in the market has brought a certain impact. Petrochemical enterprises are generally stable, but some are still down. Multi dimensional downstream procurement has strong demand and general enthusiasm to enter the market, so it is difficult to improve the overall turnover of the market. Business mentality pessimistic, prices follow the decline.

EVA production enterprise device dynamic:

product manufactor Production capacity (10000 tons / year) Device dynamics

EVA yanshan petrochemical twenty On May 16, the company started production of high pressure diesel engine

EVA Beijing Organic four Production started on May 16

EVA Ningbo Formosa Plastics seven point two Now I’m driving

EVA BASF Yangzi twenty Normal production

In the international crude oil market, on June 3, the international oil price was frozen and stable, and the price did not change much. The settlement price of the main contract in the US WTI crude oil futures market was 68.81 US dollars / barrel, down slightly by 0.02 US dollars. Brent crude oil futures market settlement price of the main contract at 71.31 U.S. dollars / barrel, down 0.04 U.S. dollars. Oil prices rose significantly for two consecutive trading days before, and stopped rising on Thursday, mainly due to a sharp drop in U.S. crude oil inventories last week, but an unexpected rise in refined oil inventories.

Ethylene market, June 3, Asian ethylene market quotation, CFR Northeast Asia quotation 1022-1030 US dollars / ton, CFR Southeast Asia quotation 967-975 US dollars / ton. Recently, ethylene prices in Asia are mainly stable. On June 3, oil prices rose significantly for the previous two consecutive trading days. Oil prices stopped rising on Thursday, mainly due to a sharp decline in US crude oil inventories last week, but an unexpected rise in refined oil inventories. The settlement price of the main contract in the US WTI crude oil futures market was US $68.81/barrel, down slightly by US $0.02. Brent crude oil futures market settlement price of the main contract at 71.31 U.S. dollars / barrel, down 0.04 U.S. dollars. Affected by the high price of upstream crude oil, ethylene market may rise in the later stage.

Generally speaking, the market lacks obvious positive support at present. Affected by the traditional sales off-season, the terminal demand is weak, the enthusiasm of downstream market entry is limited, the transaction atmosphere is difficult to improve, and the shipping pressure of merchants is large. It is expected that the price of EVA market will not improve or continue to be weak in the short term.

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Melamine market price rebounds

According to the monitoring sample data of the business community, as of June 2, the average price of melamine enterprises was 9166.67 yuan / ton, up 1.10% compared with the previous trading day, and down 27.25% compared with the price on May 1 (12600 yuan / ton).

Melamine market prices fell sharply after rising to a high level in May, and prices stopped falling and rebounded in June

In May, melamine prices rose to a new high and then eased. The market was in a downturn, with a monthly decline of 25.93%. Entering June, the melamine market stopped falling and rebounded on the 2nd. On the cost side, the price of upstream urea has risen recently, the cost support has been strengthened, on the supply side, the operating rate of melamine has decreased slightly, on the demand side, the downstream demand has improved, which has boosted the market.

Upstream urea, Shandong urea market rose on June 2. On the demand side, the demand for agriculture has increased; Affected by the mentality of buying up but not buying down, the downstream compound fertilizer and rubber sheet factories took goods actively, and the new orders of enterprises followed up well. Supply side: some urea plants shut down for maintenance, and the supply side is tightened. Enterprises have a strong attitude of supporting prices.

Melamine analysts of business news agency believe that in general, the upstream urea price has been strong in the near future, the cost support is strong, and the improvement of downstream demand has given support to the market price rise. It is expected that the melamine market will mainly rise in the short term.

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Shanghai lead closed down 0.90% on June 1

On Monday night, London metal was closed for a day due to bank holiday, and most of the domestic night market rose. In the early morning, Shanghai lead followed the trend of the market, and the opening volatility was slightly higher. Then, short sellers entered the market. Shanghai lead was under pressure. By the end of the first day, the settlement price of the main contract of Shanghai lead 2107 was 15550 yuan / ton, down 0.90%.

The price of lead ingot in the domestic spot lead market is about 15250-15350 yuan / ton, with an average price of 15300 yuan / ton. In June, the downstream is still in the off-season. As the weather gets warmer, the demand is expected to be higher than that in May. However, the lead ingot inventory is still high, the enthusiasm of downstream market entry is limited, and the overall negotiation is still cold.

In the future, the Business Association believes that the current lead ingot inventory is high, the downstream procurement is limited, and the fundamental changes are not big. It is expected that the price fluctuation in the future will be weak and the trend will be dominant.

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