Price data

According to the data of business associations, the price of domestic sulphur market dropped slightly this week. The average price of domestic granular sulphur at the beginning of the week was about 1016.67 yuan/ton, and the average price of domestic granular sulphur at the weekend was about 1010.00 yuan/ton, with a drop of 0.66% in the week.

II. Market Analysis

Products: Sulphur market prices fell slightly at the beginning of this week, the market performance was quiet. Before May 1st, refineries in various regions in China reduced their inventories appropriately, sorted out according to the shipment situation after the savings. There was insufficient downstream demand, low purchasing price and multi-rational wait-and-see in-the-field negotiations. As of the 10th day, the mainstream price of solid sulfur in Shandong area of Sinopec is around 1050 yuan/ton, while the mainstream price of liquid sulfur is 920-1000 yuan/ton; the mainstream price of solid sulfur in North China is 900-1040 yuan/ton, the mainstream price of liquid sulfur is 870-990 yuan/ton; the mainstream price of solid sulfur in East China is 920-1040 yuan/ton, and the mainstream price of liquid sulfur is 930-990 yuan/ton.

Industry Chain: The price trend of downstream sulfuric acid has dropped sharply, with an average price of 337.50 yuan/ton at the beginning of the week, 265.00 yuan/ton at the weekend and a 21.48% drop in the week. The bromine market has been running steadily this week, and the average price of bromine has remained around 3500.00 yuan/ton in the week, up 28.35% from the same period last year. The favorable conditions for the downstream sulfuric acid market are limited, and the businessmen mainly wait and see, but the support for the upstream sulfur market is weak.

3. Future Market Forecast

Sulphur analysts from the Business Society Chemical Branch believe that after the festival, there is a lack of substantive information guidance, and the short-term sulfur market is difficult to improve. It is expected that later consolidation will dominate.

On May 9, the ammonium nitrate commodity index was 102.63, which was the same as yesterday. It was 13.33% lower than the cyclical peak of 118.42 points (2019-01-15), and 32.65% higher than the lowest point of 77.37 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 9th day, the domestic ammonium nitrate market price negotiation was 1850-2000 yuan/ton, affected by environmental protection, so now many manufacturers in many areas have been forced to limit production or stop production for maintenance to accept environmental protection inspection, and the price trend of ammonium nitrate in the field has slightly declined.

Recently, the price of domestic nitric acid has risen. The market price of nitric acid is 1600 yuan/ton on the 9th day. The rising trend of nitric acid price has little effect on the ammonium nitrate market, and the price of ammonium nitrate is stable. The price of upstream raw material liquid ammonia is temporarily stable, and the market price of liquid ammonia is 3480 yuan/ton on the 9th day. The fluctuation of upstream raw material price brings certain cost support to the ammonium nitrate market. Prices are slightly lower. 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 prices remain volatile, but the downstream demand is not good, ammonium nitrate market prices are expected to remain slightly lower in the later period.

May 7 The PX Commodity Index was 60.00, the same as yesterday, down 41.41% from 102.4 at the highest point in the cycle (2013-02-28), up 31.72% from its lowest 45.55 point on February 15, 2016.

(Note: cycle refers to 2013-02-01 to date). 8th domestic to Xylene market price trend temporary stability, the field installation Pengzhou petrochemical plant operation is stable, Urumqi petrochemical plant started 50%, Fuhai invasive aromatic device driving a line, CNOOC Huizhou Refining Plant Maintenance, Hengli petrochemical PX device put into production, other devices temporarily stable operation, As a result of the new installation of domestic paraxylene market supply normal, the market price trend of xylene is temporarily stable. The operating rate of PX devices in Asia was around 80%, and the price of xylene was stable in the Asian region on May 7, with a closing price of 885-887 USD/ton FOB Korea and 904-906 USD/ton CFR China, more than 50% of the domestic needs to be imported,

The low price of foreign plate has a certain negative effect on the domestic market price of xylene, and the price trend of xylene in the field is stable. May 7 U.S. WTI crude oil June futures market prices fell, reported 61.40 U.S. dollars/barrels, a decline of 0.85 U.S. dollars, Brent crude oil July futures prices fell, reported 69.88 U.S. dollars/Barrels, The decline of 1.36 U.S. dollars, crude oil price trend decline, for the downstream petrochemical product prices lost a certain cost support role, the xylene market price trend is temporarily stable. Recent textile industry market stability, PTA price 8th trend Shock, East China newspaper average price in 6650-6750 yuan/ton near self-mention, as of 7th domestic PTA start rate in about 80%, polyester industry start rate of about 91%, downstream production and sales rate to maintain a high, but the PTA market price changes are not big, The late PX market price is expected to remain volatile.

May 6 The Phenylanhydride Commodity Index was 63.42, down 0.33 points from yesterday, down 47.21% from 120.13 at the highest point in the cycle (2012-02-28), up 48.42 from its lowest point of 30.98% on January 21, 2016.

(Note: cycle refers to 2011-09-01 to date). Recently, the domestic phenylanhydride market price trend is slightly lower, east China phenylanhydride phenylanhydride Market weak low, downstream factory maintenance just need to purchase, factory inventory pressure continued, high-end transactions blocked, the field adjacent to the law source negotiations in 6500-6600 yuan/ton, naphthalene method source talks mainstream in 6200-6300 yuan/ton

, North China Phenylanhydride market mainstream quotation in 6400-6500 yuan/ton, the market weak shock mainly, the price of each enterprise small decline, downstream construction is not high, on-demand procurement mainly, the wait-and-see mentality is thicker, the domestic phenylanhydride device operation is stable, the field phenylanhydride spot supply is normal, the goods market is not good, phenylanhydride price trend Yin fell. Recent Phenylanhydride upstream products phthalic Sinopec implementation price of 6700 yuan/ton, the current market price of 6700 yuan/ton, quotation stability, port goods market in general. Upstream raw materials mixed xylene price shock stability, adjacent benzene volume in general, port phthalic inventory low, adjacent benzene foreign disk price, the cost of imported phthalates rise, the actual transaction price of a detailed details, upstream price trend stability, phenylanhydride market prices to maintain a weak. Downstream DOP prices are lower, DOP downstream demand in general, customer procurement enthusiasm is not good, DOP market mainstream transaction price of 8000-8100 yuan/ton or so, after the fall pressure of DOP still exist, downstream prices slightly lower, for upstream phenylanhydride demand is limited, phenylanhydride market price slightly lower, The expected late-stage phenylanhydride market price may be around 6400 yuan/ton.

May 5 The Phenylanhydride Commodity Index was 63.75, the same as yesterday, down 46.93% from 120.13 at the highest point in the cycle (2012-02-28), up 31.66% from its lowest 48.42 point on January 21, 2016.

(Note: cycle refers to 2011-09-01 to date). Recently, the domestic phenylanhydride market price trend is slightly lower, east China phenylanhydride phenylanhydride Market weak low, downstream factory maintenance just need to purchase, factory inventory pressure continued, high-end transactions blocked, the field adjacent to the law source negotiations in 6500-6600 yuan/ton, naphthalene method source talks mainstream in 6300 yuan/ton

, North China Phenylanhydride market mainstream quotation in 6400-6500 yuan/ton, the market weak shock mainly, the price of each enterprise small decline, downstream construction is not high, on-demand procurement mainly, the wait-and-see mentality is thicker, the domestic phenylanhydride device operation is stable, the field phenylanhydride spot supply is normal, the goods market is not good, phenylanhydride price trend Yin fell. Recent Phenylanhydride upstream products phthalic Sinopec implementation price of 6700 yuan/ton, the current market price of 6700 yuan/ton, quotation stability, port goods market in general. Upstream raw materials mixed xylene price shock stability, adjacent benzene volume in general, port phthalic inventory low, adjacent benzene foreign disk price, the cost of imported phthalates rise, the actual transaction price of a detailed details, upstream price trend stability, phenylanhydride market prices to maintain a weak. Downstream DOP prices are lower, DOP downstream demand in general, customer procurement enthusiasm is not good, DOP market mainstream transaction price of 8000-8100 yuan/ton or so, after the fall pressure of DOP still exist, downstream prices slightly lower, for upstream phenylanhydride demand is limited, phenylanhydride market price slightly lower, The expected late-stage phenylanhydride market price may be around 6500 yuan/ton.