1、 Price trend
According to the data of business agency, the domestic market price of maleic anhydride increased slightly this week. As of September 19, the average price of maleic anhydride by benzene hydrogenation remained at 13333.33 yuan / ton, an increase of 0.50% over the average price of 13266.67 yuan / ton on September 13, and an increase of 13.96% over the same period last month.
On September 19, the maleic anhydride commodity index was 125.60, the same as yesterday, down 0.50% from the highest point of 126.23 in the cycle (2021-09-17), and up 145.41% from the lowest point of 51.18 on April 14, 2020. (Note: the period refers to the period from September 1, 2011 to now)
2、 Analysis of influencing factors
The domestic benzene maleic anhydride market started to decline this week. International crude oil rose and domestic chemical prices rose; The operating rate of unsaturated resin in the downstream is basically stable, and the resin market just needs to be purchased. As of the 19th, solid anhydride in Shandong was about 12800 yuan / ton, liquid anhydride in Jiangsu was about 13200 yuan / ton, solid anhydride in Shanxi was about 13400 yuan / ton, solid anhydride in Hebei was about 13300 yuan / ton, and solid anhydride in South China was about 13600 yuan / ton.
Upstream, pure benzene fell after rising this week. The average price of pure benzene was 8080 yuan / ton on September 12 and 8360 yuan / ton on September 19, an increase of 280 yuan / ton or 3.67% over last week. This week, the market price of hydrogenated benzene in Shandong increased, from 8025 yuan / ton last weekend to 8775 yuan / ton this weekend, up 750 yuan / ton. The price of n-butane fell, and the price in Shandong was 5300 yuan / ton as of September 18.
According to the price monitoring of the business community, in the list of commodity prices rising and falling in the 37th week of 2021 (9.13-9.17), there were 61 kinds of commodities rising month on month in the chemical sector, including 19 kinds of commodities rising by more than 5%, accounting for 19.2% of the monitored commodities in the sector; The top three commodities were yellow phosphorus (73.91%), dichloromethane (56.84%) and phosphoric acid (41.76%). A total of 15 commodities fell month on month, and 2 commodities fell by more than 5%, accounting for 2% of the monitored commodities in this sector; The products with the top three declines were butadiene (- 9.24%), n-butanol (industrial grade) (- 5.44%) and boric acid (- 3.83%). The average rise and fall this week was 4.62%.
3、 Future forecast
Analysts of maleic anhydride products of business society believe that the rise of maleic anhydride slowed down before the festival. At present, the supply of maleic anhydride in the domestic maleic anhydride market is limited, some factories are pre sold, there is no inventory pressure in the factories, the supply and demand is good, the price of raw materials is rising, and the cost of maleic anhydride market is supported. It is expected that the maleic anhydride market may fluctuate at a high level in the near future.