First, the trend of the market:

According to statistics, the price of phthalic anhydride has slightly declined this week. The price of phthalic anhydride this weekend is 5550 yuan.ton, down 1.48% from 5633.33 yuan/ton at the beginning of the week and 21.69% from the same period last year. The phthalic anhydride unit in Shandong province is 5600-5700 yuan per ton self-lifting, the main stream of phthalic anhydride negotiation in Jiangsu province is 5500-5600 yuan per ton, and the market is well supplied in spot. The naphthalene phthalic anhydride unit starts normally, and the current quotation is 5200-5300 yuan per ton.

II. Market analysis:

Products: In recent years, the price trend of domestic phthalic anhydride market has slightly declined, the market opening rate of phthalic anhydride is about 70%, the market of phthalic anhydride in East China has been declining, downstream factories have just needed to purchase, the inventory pressure of factories has continued, high-end transactions have been blocked, the mainstream of in-site neighbouring method supply negotiations is between 5500 and 5700 yuan/ton, and the mainstream of naphthalene method supply negotiations is between 5200 and 5300 yuan/ton; the market owners of phthalic anhydride The current quotation is between 5500 and 5700 yuan/ton, the market is weak and shocky. The quotations of enterprises are slightly lower, the downstream start-up is not high, the purchase on demand is the main, the wait-and-see mentality is strong, the domestic phthalic anhydride plant is stable, the spot supply of phthalic anhydride is sufficient, the stock situation is not good, and the price trend of phthalic anhydride is slightly declining.

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 lower and the port supply is general. The price of raw materials mixed xylene in the upstream of phenyl fluctuates and falls. The turnover of phenyl is general. The stock of phenyl in the port is low. The quotation of phenyl outer plate is slightly lower. The actual transaction price of imported phenyl is discussed in detail. The upstream price trend is declining, and the market price of phthalic anhydride is lower. DOP prices downstream slightly fell, down 0.70% this week. Recently, in the DOP market in Zhejiang Province, merchants’quotations have been maintained at around 7000 yuan/ton, while downstream prices are at a low level. Demand for upstream phthalic anhydride is limited, and the market price of phthalic anhydride is declining.

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

3. Future market forecast:

Recently, the price of phthalic anhydride in the upstream has maintained a low level, and the DOP market in the downstream has a good trend over the weekend. Phthalic anhydride analysts of business associations believe that the market price trend of phthalic anhydride may remain volatile, with prices between 5550 and 5600 yuan/ton.

Price Trend

According to the monitoring data of business associations, the market price of n-propanol rose slightly as of June 19, and the quotation of sample enterprises increased by 1.57% compared with last week. At present, the mainstream quotation of domestic n-propanol traders is around 9000-11500 yuan/ton. Due to the big price difference between different packaging specifications, the mainstream quotation of imported barreled n-propanol from Dalian, Taiwan is around 1160-12000 yuan/ton.

II. Market Analysis

Products: Propanol market is growing steadily and moderately as a whole. Propanol manufactured by Nanjing Rongxin Chemical Co., Ltd. is quoted at 8500 yuan/ton (bulk water contains tax). Propanol sold by Shandong Fengcang Chemical Co., Ltd. is quoted at 11000 yuan/ton (including tax barrels). Propanol imported from Dalian, Taiwan, sold by Shanghai Lianyi Chemical Co., Ltd. is quoted at 11800 yuan/ton (including tax barrels). Tax barrel specifications: 165 kg.

Industry chain: Propylene oxide market price of upstream products rose slightly, and replenishment warehouse was opened at the downstream market when the price was low. Phased shipment of factories improved, and inventory digestion of main factories.

3. Future Market Forecast

According to the business association’s forecast, the n-propanol market will remain stable in the short term.

On June 18, 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 lowest point of 77.37 points on October 31, 2016. (Note: Period refers to 2013-02-01 to date).

Recently, the price trend of domestic ammonium nitrate Market is temporarily stable. Affected by environmental protection control, domestic ammonium nitrate plant shuts down more, domestic ammonium nitrate plant starts less, but with the warming of the weather recently, 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, and the price trend in the field declines. As of the 18th, 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 nitric acid price trend is temporarily stable, up to 18 days, the market price is 1760 yuan/ton. The rising trend of nitric acid price has a positive impact on the ammonium nitrate market, and the price trend of ammonium nitrate is stable. The price trend of upstream raw material liquid ammonia has slightly declined. As of 18 days, the price quoted by manufacturers in the northern region is maintained in the range of 3000-3400 yuan/ton, while that in the northwest region is around 290-3000 yuan/ton. The declining price trend of cruise raw materials has a negative impact on the ammonium nitrate market, and 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 remain low in the latter part of the shocks.

Price trends:

II. Market analysis:

Domestic market: This week, crude benzol prices rose slightly, with the mainstream market offer of 3200-3400 yuan/ton, up 100 yuan/ton from the previous period. On Tuesday, Sinopec raised its listing price, which led some pure benzene enterprises to follow the price increase. On Wednesday, other enterprises also raised their prices one after another. Market confidence improved, leading to an increase of 70-130 yuan/ton in the tender price of the main domestic crude benzene producing areas. Downstream enterprises followed the increase positively, and the coking enterprises were in a strong tender mood. As of Friday, the mainstream quotation in Shanxi is 3200-3250 yuan/ton, while that in Shandong is 3350-3370 yuan/ton.

Industry Chain: Crude Oil: Oil prices have risen and fallen this week, overall down from last week. Early in the week, there were signs that OPEC and other oil producers might extend the cut-off agreement, but the escalation of trade disputes continued to raise concerns about oil demand growth, with crude oil prices falling sharply. On Thursday, two tankers were attacked and U.S. oil rose rapidly, closing down the increase. Pure Benzene: On Tuesday, Sinopec raised its listing price, leading some pure benzene enterprises to follow the price increase. The rest of the enterprises also raised their prices on Wednesday, and market confidence improved. Hydrobenzene: This week, the market price of hydrobenzene rose slightly. Influenced by Sinopec’s increase in the price of pure benzene, the market of hydrobenzene rose positively, the enthusiasm of downstream entry increased, some pre-parked hydrobenzene units had plans to restart, and the demand on the site was expected to increase. The hydrobenzene market rose significantly, with the market offer rising by about 100-150 yuan/ton. As of Friday, mainstream quotations in East China range from 4500 to 4600 yuan/ton, and Shandong from 4250 to 4300 yuan/ton.

3. Trend forecast:

This week, the crude oil market fell, dragging down the weak operation of the chemical industry chain, the downstream just need to replenish the main, with limited follow-up sentiment, it is expected that the coking industry chain in the latter period will be mainly small shocks, with general fluctuations.

Price trends:

The price of acetic anhydride rose sharply in June, according to data from business associations. As of June 15, the average price quoted by acetic anhydride enterprises was 4800.00 yuan/ton, which was 4633.33 yuan/ton compared with the price quoted by acetic anhydride at the beginning of June. The price increased by 3.60%, and the price fell by 42.60% compared with the price of acetic anhydride last year.

II. Market analysis:

Product analysis:

In June, domestic acetic anhydride ex-factory quotation surged, and the market transaction price rose. As of June 15, most of the region’s ex-factory quotation was 4800 yuan/ton, and the actual transaction price rose. The actual transaction price in Shandong was about 4700 yuan/ton. The price rose. The market quotation was the reference price, and the actual transaction price was based on actual negotiation. Acetic anhydride factory equipment start-up rate maintained high, acetic anhydride market is general, supply of acetic anhydride is tight, the future market acetic anhydride has an upward momentum.

Factor analysis of industrial chain:

Since June, the price of acetic acid, the raw material of acetic anhydride, has risen sharply, while the price of methanol has fallen sharply. As of June 15, acetic acid quoted 2866.67 yuan/ton, which was 290 yuan/ton higher than the price of acetic acid at the beginning of the month; the price of methanol dropped sharply in June. As of June 15, the price of methanol quoted 2198.00 yuan/ton, the price of methanol dropped 36.00 yuan/ton in June, and the cost of acetic anhydride rose, which had a positive impact on the market of acetic anhydride, and had a certain upward momentum in the future.

3. Future market forecast:

Bai Jiaxin, a data analyst for acetic anhydride in business associations, believes that the price of acetic anhydride raw material acetic acid rose this week and the overall methanol price fell, but the recent price shock of methanol rose, the cost of acetic anhydride rose, and the price of acetic anhydride has a certain driving force. Recently, the supply of acetic anhydride is tight, and acetic anhydride has a certain upward momentum. Generally speaking, the market of acetic anhydride is better than bad, the cost of acetic anhydride is rising, the power of acetic anhydride is sufficient, the supply of acetic anhydride is tight, the downstream demand is normal, the overall market of acetic anhydride is better than bad, and the price of acetic anhydride is expected to rise in the future.