On July 8, the PX Commodity Index was 56.00, unchanged from yesterday, down 45.31% from its peak of 102.40 points in the cycle (2013-02-28), and up 22.94% from its low of 45.55 points on February 15, 2016. (Note: Period refers to 2013-02-01 to date).

According to statistics, the domestic market price trend of p-xylene was temporarily stable on the 8th, Pengzhou Petrochemical Plant was running steadily, Urumqi Petrochemical Plant was started 50%, Fuhaichuang Aromatic Hydrocarbon Plant was started one line, CNOOC Huizhou Refinery and Chemical Plant was overhauled, Hengli Petrochemical PX Unit was put into operation, and other units were running steadily for the time being due to the introduction of new units. Domestic market supply of p-xylene is normal, and market price trend of p-xylene is temporarily stable. The opening rate of PX plant in Asia is about 80%. The closing price of p-xylene market in Asia is temporarily stable on July 5. The closing price is 818-820 USD/ton FOB Korea and 837-839 USD/ton CFR China. More than 50% of the domestic units need to be imported. The fluctuation of foreign prices has a positive impact on the domestic market price of p-xylene. Xylene price trend is stable for the time being.

On July 5, the price of WTI crude oil futures rose to 57.51 U.S. dollars per barrel, an increase of 0.17 U.S. dollars. Brent crude oil futures rose to 64.23 U.S. dollars per barrel, an increase of 0.93 U.S. dollars. Crude oil prices rose, which has a cost supporting role for the price of downstream petrochemical products. The price trend of Brent crude oil futures is temporarily stable. 。 Recent textile industry volatility, PTA price trend temporarily stabilized on the 8th, the average price of East China bid in the vicinity of 6700-6800 yuan/ton, as of the 5th day domestic PTA start-up rate of about 78%, polyester industry start-up rate of about 99%, downstream production and sales rate maintained high, but PTA market price shocks, it is expected that the later PX Market prices will remain shocks. Swing.

Price Trend

According to the monitoring data of business associations, the market price of silicone DMC rose steadily this week after rebounding from the bottom. At present, the lowest quotation of DMC market is around 16 400 yuan/ton, and the quotation of traders is around 18 000 yuan/ton.

II. Market Analysis

Products: This week, the domestic silicone DMC market continued to rise in June. The quotation of Shandong province was 16400-18500 yuan/ton. The quotation of Hubei province was 16500-17000 yuan/ton. Many factories began to replenish stocks. The purchasing volume increased. The load of monomer devices decreased. The market turnover improved. Some monomer manufacturers had the quotation in July. Overhaul plan.

Industry chain: Silicone DMC downstream products, silicone oil, silica gel market quotations rose slightly this week, according to different inventories, prices vary, the increase is 300-500 yuan per ton. Some enterprises suspend receiving orders.

3. Future Market Forecast

Business analysts believe that the price of silicone DMC will rise steadily or narrowly in the short term.

Price Trend

According to the data of business associations, the market price of propylene oxide rose by 3.74% as of July 4, compared with last Thursday (June 27). Today, the mainstream price of propylene oxide in China is 9500-9950 yuan/ton.

II. Analysis of Influencing Factors

Product: Propylene oxide market price rises. The price of propylene raw material continues to rise, the cost pressure of propylene oxide manufacturers has increased sharply, some plant units have reduced the negative overhaul, the supply has decreased, the downstream performance is relatively calm, just need to purchase. The cash delivery price of Wanhua Chemistry Shandong mainstream market was 9650 yuan/ton on the 4th, while that of East China mainstream market was 9950 yuan/ton.

Industry chain: The market price of upstream propylene in Shandong continues to rise. Recently, the price of propylene enterprises in Shandong Province began to rise on July 2, rising by 100 yuan/ton on July 3, and today it has risen by 150 yuan/ton again. At present, the main market turnover is around 7950-8100 yuan/ton.

3. Future market forecast:

The propylene oxide Market is expected to remain positive in the short term, according to the business association.

On July 2, the ammonium nitrate commodity index was 103.51, which was the same as yesterday. It was 12.59% lower than the peak of 118.42 points in the cycle (2019-01-15), and 33.79% higher than the low of 77.37 points on October 31, 2016. (Note: Period refers to 2013-02-01 to date).

Recently, domestic ammonium nitrate market price trend is temporarily stable. Affected by environmental protection control, domestic ammonium nitrate plant shuts down more, domestic ammonium nitrate plant starts less, but recently with the warming of the weather, the influence of northern air limitation disappears. In addition, due to the complete shutdown of domestic downstream civil explosion industry, domestic ammonium nitrate manufacturers have more stockpiles. Domestic prices are declining. As of the 3rd day, the domestic ammonium nitrate market price negotiation in 1900-2050 yuan/ton, affected by environmental protection, so now many manufacturers in many areas are forced to limit production or stop production for maintenance to accept environmental protection inspection, the price trend of ammonium nitrate on the site is temporarily stable.

Recently, the price of domestic nitric acid has been slightly lower, with the market price of 1793.33 yuan/ton as of the 3rd day. The decline of the price of nitric acid has a negative impact on the ammonium nitrate market, and the price of ammonium nitrate is stable. The domestic liquid ammonia Market in the upstream is stable, with weak market performance, fair market transactions and quotations from most manufacturers. The price of ammonium nitrate Market is temporarily stable. The price of ammonium nitrate Market is temporarily stable. At the end of the peak season of the downstream civil explosion industry recently, the demand for ammonium nitrate has weakened and the stocks of ammonium nitrate manufacturers have increased, but the liquid ammonia market is on the rise again. The ammonium nitrate Market is shaking at a low level because of the bad market. Ammonium nitrate analysts believe that the recent upstream raw material market price shocks, but the downstream demand is not good, ammonium nitrate market prices are expected to maintain shocks in the later period.

On July 1, the ammonium nitrate commodity index was 103.51, which was the same as yesterday. It was 12.59% lower than the cyclical peak of 118.42 points (2019-01-15), and 33.79% higher than the lowest point of 77.37 on October 31, 2016. (Note: Period refers to 2013-02-01 to date).

Recently, domestic ammonium nitrate market price trend is temporarily stable. Affected by environmental protection control, domestic ammonium nitrate plant shuts down more, domestic ammonium nitrate plant starts less, but recently with the warming of the weather, the influence of northern air limitation disappears. In addition, due to the complete shutdown of domestic downstream civil explosion industry, domestic ammonium nitrate manufacturers have more stockpiles. Domestic prices are declining. As of the 1st day, the domestic ammonium nitrate market price negotiations in 1900-2050 yuan/ton, affected by environmental protection, so now many manufacturers in many areas are forced to limit production or stop production and maintenance for environmental protection inspection, the price trend of ammonium nitrate on the site is temporarily stable.

Recently, the domestic price of nitric acid has been temporarily stable, with the market price of 1800 yuan/ton as of the 2nd day. The rising trend of nitric acid price has a positive impact on the market of ammonium nitrate. The price trend of ammonium nitrate is stable. The price trend of liquid ammonia in the upstream raw material has slightly declined, and the price quoted by manufacturers in the northern region has been maintained in the range of 3000-3300 yuan/ton as of the 2nd day. The price of ammonium nitrate in North China is around 2800-3000 yuan per ton. The downward trend of raw material prices in the upstream has a negative impact on the ammonium nitrate market. The price trend of ammonium nitrate Market is temporarily stable. At the end of the peak season of the downstream civil explosion industry recently, the demand for ammonium nitrate has weakened and the stocks of ammonium nitrate manufacturers have increased, but the liquid ammonia market is on the rise again. The ammonium nitrate Market is shaking at a low level because of the bad market. Ammonium nitrate analysts believe that the recent upstream raw material market price shocks, but the downstream demand is not good, ammonium nitrate market prices are expected to maintain shocks in the later period.