Product Name: urea

Latest price (August 10): 2312 yuan / ton

On August 10, the comprehensive price of domestic urea fell slightly, with a decrease of 40 yuan / ton or 1.70% compared with the price on August 9, and a year-on-year decrease of 17.43% compared with the same period last year. The upstream cost is generally supported, the downstream agricultural demand is basically ended, and the industrial demand is dominated. The starting load of the plate plant is not high. The compound fertilizer plant is mainly on the sidelines. Some manufacturers have overhauled, and the daily output of urea is about 150000 tons.

In the future, it is expected that the domestic urea market price may rebound at the bottom, and the average market price is about 2350 yuan / ton.

According to the price monitoring of the business agency, on August 9, the average price of sulfur in East China was 1130.00 yuan / ton, an increase of 3.04% over the previous working day. The market was stable and small, and the quotations of individual refineries were increased by 20-80 yuan / ton.

At present, the downstream sulfuric acid market continues to be weak, and the purchasing enthusiasm is general. The domestic sulfur market is mostly stable, and the price trend is stable but small. The sulfur sales of refineries in Shandong Province are acceptable. The manufacturers increase their prices according to their own inventory and shipment. Because there are low-cost goods in the field and the downstream demand is limited, it is expected that the sulfur market will be mainly arranged on a wait-and-see basis, and the price trend will be increased in a narrow range. Specific attention will be paid to the downstream follow-up.

1、 Price summary on August 5:

Shijiazhuang refining and Chemical Co., Ltd. offers 7550 yuan / ton, and Qilu Petrochemical Co., Ltd. offers 7500 yuan / ton,

Yangba offers 7500 yuan / ton,

Guangzhou Petrochemical quoted 7650 yuan / ton, and Maoming Petrochemical quoted 7600 yuan / ton,

Changling Refining and Chemical Co., Ltd. offers 7600 yuan / ton,

2、 Fluctuation trend:

3、 Analysis comments:

In terms of crude oil, the US economic data was good, and employment data showed strong growth, alleviating the negative sentiment of economic recession on energy demand, and the oil price rose slightly.

Today, Sinopec’s Toluene in East China was reduced by 150 yuan / ton, and that in South China was reduced by 150 yuan / ton.

Crude oil support is unstable, domestic demand is general, toluene Market negotiation is light, and operators are cautious.

Trend chart of average price of phenol in the national market

During the week, the domestic phenol market was first improved and then suppressed. At the end of July, several major domestic factories successively issued shutdown and maintenance news, and some of them suspended supply during the shutdown period, and contracted households reduced supply. Stimulated by the favorable supply side, the phenol market quotation was strong and rising, and the downstream inquiry was actively replenished. The suppliers were even more difficult to make profit with low price. The market in East China rapidly increased by 9300 yuan / ton from 9100 yuan / ton on July 28, The increase was more obvious in other mainstream regions. However, the crude oil fell sharply in the middle of the week, and after the general rise of the factory on Wednesday, the traders reported high and low intentions. With the decline of the downstream replenishment mood, the trading in the market was in a cold state, and the actual transaction fell. The phenol Market in East China dropped to 8880 yuan / ton.

Phenol offers in various markets throughout the country during the week are as follows:

Region, quotation, weekly rise and fall

East China, 8880, – 300

Shandong Province, 9150, 50

Surrounding areas of Yanshan mountain, 9150, 50

South China, 9000, 250

The second phase of Zhejiang Petrochemical will be restarted next week. Considering the decline of domestic plant operation rate, the overall impact on supply side is not great. However, considering that there is not much room for the cost side to continue to decline, the carriers may continue to make firm offers, but the terminal downturn demand situation is difficult to change. The business community expects that the phenol market will rise and fall next week, and the overall negotiation will be adjusted in the range of 8850-8950 yuan / ton.

On August 4, the acetic anhydride market was weak and temporarily stable

According to the monitoring data of the business community, the price of acetic anhydride was weak and temporarily stable on August 4, and the market of acetic anhydride stabilized. On August 4, the price of acetic anhydride was 6225 yuan / ton, unchanged from 6225 yuan / ton on the previous trading day. Some acetic anhydride prices fell below 6000 yuan / ton, and the overall acetic anhydride market was weak and temporarily stable.

Key points of analysis

The price of acetic acid is weak and stable temporarily, the price of methanol rises slightly, the cost of raw materials of acetic anhydride tends to stabilize, the start-up of acetic acid enterprises is stable, the supply of acetic acid is stable, the cost of acetic anhydride is temporarily stable, the sales situation of acetic anhydride is poor, the downstream just needs to purchase, the willingness of customers to purchase is general, it is mainly wait-and-see, and the downward pressure of acetic anhydride is still weak.

Aftermarket forecast

The demand for cost stabilization is poor, the downward pressure of acetic anhydride still exists, and the upward momentum is weak. It is expected that the price of acetic anhydride will be weak and stable in the future.