On July 24, the phthalic anhydride commodity index was 56.93, unchanged from yesterday, down 52.61% from the cyclical peak of 120.13 points (2012-02-28), and up 17.58% from the lowest point of 48.42 on January 21, 2016. (Note: Period refers to 2011-09-01 to date).

In recent years, the domestic market price of phthalic anhydride has slightly declined, the market price of phthalic anhydride in East China has shocked, downstream factories are still in need of purchasing, factory inventory is still under pressure, high-end transactions are blocked, the mainstream of on-site neighbouring source negotiation is 5700-5800 yuan/ton, and the mainstream of naphthalene source negotiation is 5200-5400 yuan/ton. Mainstream quotation is 5 650-5 800 yuan/ton, market price keeps oscillating, quotations of enterprises are slightly lower, downstream start-up is not high, on-demand procurement is the main, wait-and-see mentality is strong, domestic phthalic anhydride plant operation is stable, phthalic anhydride spot supply is normal, phthalic anhydride prices are declining.

Recently, the domestic price of phthalic anhydride upstream product Sinopec o-phthalic acid is 5900 yuan/ton. The import price of o-phthalic anhydride in the port area has risen, and the quotation has risen. Recently, the market of o-phthalic anhydride in the port is general, and the port stock is low. Upstream raw materials mixed xylene price shocks, phthalic turnover is general, port phthalic inventory is low, phthalic external quotation is higher, import phthalic cost shocks, the actual transaction price is detailed, upstream price trend shocks, phthalic anhydride market price slightly declines. Downstream DOP raw material phthalic anhydride prices fell, isooctanol prices fell, DOP costs fell. DOP price trend is declining, DOP downstream demand is general, customer purchasing enthusiasm is general, downstream PVC market volatility is low, DOP market mainstream transaction price is about 7300 yuan/ton, downstream prices are constantly falling, the market price of phthalic anhydride is expected to decline slightly later.

On July 24, the fluorite commodity index was 110.53, unchanged from yesterday, down 13.30% from the peak of 127.49 points in the cycle (2019-01-03), and up 124.61% from the low of 49.21 points on December 18, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the domestic fluorite price trend is temporarily stable, the average domestic fluorite price is 3150 yuan/ton as of the 24th day. Recently, the domestic fluorite plant started normally, the mine and flotation plant started normally, the supply of fluorite in the field is slightly tight, and the price of hydrofluoric acid in the downstream is rising. For the fluorite market, the price trend of fluorite market is on demand. Rise. Recent downstream installation start-up situation is general, fluorite spot supply is normal, terminal downstream pick-up situation improved, resulting in rising market price trend. As of the 24th, the price of 97 fluorite wet powder in Inner Mongolia was 2900-3100 yuan/ton, the mainstream of 97 fluorite wet powder negotiations in Fujian was 3000-3300 yuan/ton, the price of 97 fluorite wet powder in Henan was 2900-3200 yuan/ton, and the price of 97 fluorite wet powder in Jiangxi was 3000-3300 yuan/ton. The price trend of fluorite remained high.

The price trend of hydrofluoric acid Market in downstream fluorite is slightly lower. As of 24 days, the domestic market price of hydrofluoric acid is 12050 yuan/ton. The decline of the market price of hydrofluoric acid has a negative impact on the upstream fluorite market. However, the recent start-up of hydrofluoric acid plant is general, the demand for fluorite has weakened and the price of fluorite has oscillated. Recent downstream refrigerant product installations started at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid product price trend is stable. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 60%, R22 market facility start-up rate is temporarily stable, the main manufacturer of bulk water out of the factory offer price is between 18,000-19,000 yuan/ton, but the manufacturer does not have bulk water spot, mainly a small number of cylinders shipped. In addition, the actual demand side of the market has not changed much, and the delivery quotation is general. Domestic market price trend of R134a shocks, production enterprises equipment start-up rate remains low, refrigerant market demand is general, manufacturers mainly export. However, the on-site transaction price does not change very much. Businessmen buy on demand. Generally speaking, the downstream industry is slightly lower. In addition, the supply of fluorite market is normal, and the fluorite price trend is temporarily stable. Chen Ling, an analyst of business associations, believes that the fluorite market price may be slightly lower.

On July 23, 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 23rd. Pengzhou Petrochemical Plant operated steadily in the field. Urumqi Petrochemical Plant started 50% of its operation. Fuhai Created Aromatic Hydrocarbon Plant started a line. CNOOC Huizhou Refinery and Chemical Plant overhauled. Hengli Petrochemical PX Plant went into operation. Other units operated steadily temporarily because of 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%. On July 22, the closing price of p-xylene in Asia dropped by 3 US dollars/ton. The closing price is 823-825 US dollars/ton FOB in Korea and 842-844 US dollars/ton CFR in China. More than 50% of the domestic units need to be imported. The lower price of foreign units has a negative impact on the domestic market price of p-xylene. The price trend of p-xylene in the market is stable for the time being.

On July 22, the price of WTI crude oil futures rose to 56.22 U.S. dollars per barrel, an increase of 0.59 U.S. dollars. Brent crude oil futures rose to 63.26 U.S. dollars per barrel, an increase of 0.79 U.S. dollars. Crude oil prices rose, which has a certain cost support role for the price of downstream petrochemical products. The price trend of Brent crude oil futures is temporarily stable. 。 Recent textile industry volatility, PTA prices declined 23 days, the average price of East China is around 5900-6000 yuan/ton, the domestic PTA start-up rate is about 90%, polyester industry start-up rate is about 86%, downstream production and sales rate maintained high, but PTA market prices slightly lower, it is expected that PX market prices will be later. Maintain shock.

First, the trend of the market:

According to statistics, the price of phthalic anhydride declined this week. The price of phthalic anhydride this weekend was 5933.33 yuan. Tons, down 1.11% from 6000 yuan/ton at the beginning of the week and 15.69% from the same period last year. The phthalic anhydride in Shandong province is 5900-6000 yuan per ton self-lifting, the main stream of phthalic anhydride negotiation in Jiangsu province is 5900-6000 yuan per ton, and the market spot supply is normal; the naphthalene phthalic anhydride plant starts normally, and the current quotation is 5400-5500 yuan per ton.

II. Market analysis:

Products: In recent years, the price trend of domestic phthalic anhydride market has slightly declined. The opening rate of phthalic anhydride market is about 70%. The price of phthalic anhydride market in East China is volatile. The downstream factories maintain just in need of purchasing. Inventory of factories has declined. High-end transactions have been blocked. The main stream of on-site neighbourhood method is 5900-6000 yuan/ton. Naphthalene method is the mainstream. In 5400-5600 yuan/ton; in North China, the mainstream quotation of phthalic anhydride market is 5900-6000 yuan/ton, the market price is rising, the quotation of enterprises is temporarily stable, downstream construction is not high, on-demand procurement is the main, wait-and-see mentality is strong, the domestic phthalic anhydride plant is stable, the spot supply of phthalic anhydride in the field is normal, the situation of leaving the factory is general, and some manufacturers are downgraded. The price of phthalic anhydride declined slightly.

Industry chain: Recently, the execution price of phthalic anhydride upstream product, Sinopec o-phthalic acid, is 5900 yuan/ton. The actual market transaction price is 5900 yuan/ton. The quotation is temporarily stable and the port supply is general. The price of raw materials mixed xylene in the upstream of phthalic acid fluctuates, the turnover of phthalic acid is general, the stock of phthalic acid in the port is low, the quotation of phthalic acid is temporarily stable, the actual transaction price of imported phthalic acid is discussed in detail, the upstream price trend fluctuates, and the market price of phthalic anhydride falls. DOP prices downstream fell, this week’s price fell by 1.51%. Recently, in Zhejiang DOP market, merchants’quotations were maintained at about 7400 yuan/ton, while downstream prices were at a low level. Demand for upstream phthalic anhydride was limited, and the market price of phthalic anhydride declined.

Industry: Recent plasticizer industry trend is general, terminal downstream demand is limited, phthalic anhydride market price trend slightly declined.

3. Future market forecast:

Recently, the price trend of phthalic anhydride in the upstream has remained volatile, while the DOP market in the downstream has slightly declined. Phthalic anhydride analysts of business associations believe that the market price trend of phthalic anhydride may remain volatile, with prices around 5900-6000 yuan/ton.

On July 18, 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 18th. Pengzhou Petrochemical Unit operated steadily in the field. Urumqi Petrochemical Unit started 50% of the operation, Fuhai Created Aromatic Hydrocarbon Unit started a line, CNOOC Huizhou Refinery and Chemical Unit overhauled, Hengli Petrochemical PX Unit put into operation, and other units operated steadily temporarily 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 17. The closing price is 823-825 US dollars/ton FOB in Korea and 842-844 US dollars/ton CFR in China. More than 50% of the domestic units need to be imported. The fluctuation of foreign prices has a negative impact on the domestic market price of p-xylene. Xylene price trend is stable for the time being.

On July 17, the price of WTI crude oil futures fell to 56.78 US dollars per barrel, a decline of 0.84 US dollars. Brent crude oil futures fell to 63.66 US dollars per barrel, a decline of 0.69 US dollars. The trend of crude oil price declined, which has lost some cost support to the price of downstream petrochemical products. The price trend of paraxylene market is temporary. Steady. Recent textile industry volatility, PTA price trend temporarily stabilized on the 18th, the average price of East China bid in the vicinity of 6450-6600 yuan/ton, as of the 17th day domestic PTA start-up rate is about 89%, polyester industry start-up rate is about 87%, downstream production and sales rate maintained high, but PTA market prices slightly lower, it is expected that PX market prices will be later. Maintain shock.