1、 Price trend

According to commodity data monitoring, isopropanol prices fell this week. The average price of isopropanol in China was 7125 yuan / ton last Thursday and 6975 yuan / ton this Thursday. The price fell by 2.11% during the week.

2、 Market analysis

Figure: comparison chart of price trend of acetone and isopropanol

The domestic isopropanol market price fell this week. At present, the orders of isopropanol manufacturers are for export. At present, the downstream demand for isopropanol in China is poor, the trading atmosphere is light, and the wait-and-see mood is strong. It is just needed, and you can buy as you use it. Up to now, most quotations of Shandong isopropanol are about 6900-7000 yuan / ton; Most of Jiangsu isopropanols are quoted at about 6800 yuan / ton. Internationally, isopropanol in the United States closed higher on July 12, while the European isopropanol market was weak and stable.

In terms of raw material acetone, Sinopec East China’s listing price was reduced by 300 yuan / ton on Monday, and 4900 yuan / ton was implemented. At the beginning of the week, Jiangyin’s inventory was increased to 54000 tons, and the profit value of phenol ketone enterprises fell again. Under the bad conditions of both factories and Hong Kong deposits, the market was depressed. At the beginning of the week, the shippers offered according to the market. The purchasing strength of the terminal factory was general, the trading volume on the floor was limited, the overall atmosphere was tepid, and the trading was insufficient. The business community expects the acetone market to be weak in recent days.

In terms of raw propylene, the market price of propylene rose. The average price of domestic propylene was 7460 yuan / ton last Thursday and 7634.6 yuan / ton this Thursday. The price rose by 2.33% during the week. The ability of the downstream to accept high prices has declined, market demand is dominated by rigid demand, market transactions are weak, and the overall purchase of downstream enterprises is still more cautious, mainly maintaining production. It is expected that the market will be stable and weak in the short term.

3、 Aftermarket forecast

Isopropanol analysts from the chemical branch of the business club believe that at present, domestic factories are mainly export orders, and the domestic isopropanol market demand is sluggish. Acetone price reduction and weak cost support. It is expected that the market focus of isopropanol will be downward in the short term.

Today, the domestic bisphenol a market rose slightly, mainly because downstream factories continued to watch the market after bisphenol A fell sharply for a long time. With the consumption of factory inventory, the inventory of start-up enterprises was less. Although the raw materials fell broadly this week, the bisphenol a market was depressed and stable. The mentality of traders was supported by several rounds of bidding on Monday. Today’s opening traders maintained stability, downstream inquiry enterprises increased, and the attention on the market increased, The market offered to 11800-12000 yuan / ton, and there was no real single support in the morning. In the afternoon, the market followed the offer firmly, the short-term market was stable, and the uplink was also lack of positive support.

region ., Quotation, Intraday rise and fall

East China, 11800., one hundred

Shandong region, 11800., one hundred

Trade name: cryolite

Latest price (July 12):7575 yuan / ton

Key points of analysis: the cryolite market was temporarily stable on July 12, and the average production price in Henan was flat compared with the previous working day. The manufacturer reported that at present, the raw materials are tight, the production cost of the enterprise is large, the cryolite devices are mainly operated at low load, the enterprise inventory is tight, the downstream demand is stable, the enterprise shipment is relatively smooth, and the cryolite price continues to be high.

Aftermarket forecast: the short-term cryolite market is on the sidelines, and the price may be reduced. The aftermarket will pay attention to the market supply.

According to the monitoring data of business agency, the average price of domestic methanol market was 2715 yuan / ton on July 11, which was stable compared with the previous trading day, with a year-on-year increase of 6.89%. On July 11, methanol futures in Zhengzhou Commodity Exchange were weak and volatile. The main contract ma2209 closed at 2401 yuan / ton at the end of the day, down 84 yuan / ton or 5.40% from the closing of the previous trading day, leading the futures commodity market on the day. In terms of spot goods, at present, the supply side of methanol is abundant, and the demand side is relatively low, so it is difficult to have a significant opening in the short term. In the short term, the domestic methanol market continued to be depressed, mainly finishing.

1、 Price trend

According to the data of the bulk list of business society, the price of pure benzene continued to weaken this week. On July 1, the price of pure benzene was 9250-9600 yuan / ton (average price 9509 yuan / ton), and on Friday (July 8), the price of pure benzene was 9200-9550 yuan / ton (average price 9267 yuan / ton). The average price fell by 2.54% compared with last week and increased by 7.38% compared with the same period last year.

2、 Analysis and comment

Affected by the sharp decline in crude oil during the week, bulk commodities weakened collectively; Pure benzene in Asia fell continuously, with bad external news; Coupled with general domestic buying, the price of pure benzene fell.

This week, Sinopec reduced the price of pure benzene by 300 yuan / ton to 9300 yuan / ton (Hebei and Shandong reduced the price of pure benzene to 9150 yuan / ton).

In the external market, Asian pure benzene fell broadly this week. On Thursday (July 7), the reference price of pure benzene in the Korean market was $1125 / ton, down $131 / ton year-on-year, or 10.43%; The reference import price in East China was US $1162 / ton, with a year-on-year decrease of US $90 / ton, or 7.19%.

In terms of crude oil, the market’s concern about the global economic recession increased, leading to a sharp fall in international oil prices, and WTI oil prices fell below $100 a barrel. However, the inventory of refined oil products in the United States fell, and the increase in demand led to a rebound in oil prices. As of July 8, Brent’s price fell by $4.61 per barrel, or 4.13%, this week compared with last week; WTI fell $3.64 / barrel, or 3.36%.

Downstream: styrene: styrene rose slightly this week. The price was 10529 yuan / ton on July 1 and 10550 yuan / ton on July 8, up 0.2% from last week and 11.94% from the same period last year. Affected by the rise and fall of crude oil prices, the cost side is difficult to support the styrene market. However, the arrival of styrene in Hong Kong and the low inventory of enterprises limit its decline. The styrene market is generally traded, and the spot price fluctuates slightly.

Aniline: aniline rose slightly this week. On July 8, the price in Shandong was 11800-12000 yuan / ton; The price of aniline in Nanjing is 12300-12500 yuan / ton, up 0.42% from last week and 17.65% from the same period last year.

3、 Aftermarket forecast

In terms of crude oil, the long short game of crude oil is full of uncertainty. Continue to pay attention to the impact of geopolitical situation, opec+ decision on crude oil production, US crude oil and refined oil storage dynamics, global economic conditions and other factors on crude oil prices.

Downstream: the main downstream product styrene: the recent international crude oil market callback, styrene social inventory is low, and there are few negotiable sources of goods. It is expected that styrene will fluctuate with the raw material level.

The decline in the price of pure benzene led to an increase in downstream buying, and it is expected that the short-term weakness of pure benzene will fluctuate. Continue to pay attention to the impact of crude oil and external market price trends, pure benzene port inventory, pure benzene and downstream device dynamics on prices.