First, the price trend:

Second, the market analysis: Domestic market: Crude benzene market offer rose slightly this week in east China this week’s tender prices rose by about 10 yuan/ton, most manufacturers prices stable. Market supply, the recent coking enterprise construction rate, Shanxi Shaanxi is affected by environmental protection overall in about 70%, Shandong region slightly higher in about 80%, Hebei region by air quality impact slightly lower in 60%. As of Friday, Shandong region processing crude benzene quotation stable quotation range in 3250 yuan/ton, Shanxi region processing with crude benzene price stable in 3100-3150 yuan/ton. Inner Mongolia area processing with crude benzene quotation stable quotation in 3000 yuan/ton.

Downstream hydrogenated benzene enterprises in the recent construction rate, although gradually restored, but still to digest inventory mainly, crude benzene procurement enthusiasm in general, difficult to form support for the market. Industrial chain: Crude oil: Oil prices overall high volatility this week, closing oil prices fell sharply in Thursday. Pure benzene aspect: The message surface is basically smooth, to the spot market cost support is strong, the market low price resources are difficult to find, the merchant’s willingness to price is strong. Although the port stock has been lower, but the overall range is not small, the market influence is low. Constant force start load will gradually improve, downstream plant inventory is high, the willingness to take goods is low, the overall atmosphere is light. Although domestic inventory has a small drop, but the overall stock volume is still at a high of 23.24 million tons. Hydrocracking: This week, the market price of hydrogenated benzene is more stable, as of Friday, Shandong region, the mainstream quotation range of the hydrogenation market in 4150-4200 yuan/ton, the same as last week, the East China hydrogenated benzene market mainstream quotation range of 4350-4450 yuan/ton, compared to last week cut 50 yuan/ton. This week, hydrocracking Enterprises began to gradually resume, Shandong region Enterprises basically resumed construction, only Shandong Holy Transport and Shandong Jade Emperor device parking, another Shandong Jin energy 100,000/ton device started in about 75%, the basic return to normal production, Hebei region most devices resumed driving.

The overall market supply is more normal, trading stability.

Third, the trend forecast: Recently, Sinopec pure benzene listing price has not been raised news. Crude benzene long-term low operation, downstream and traders still have a large inventory in hand, the recent replenishment plan is less, coke Enterprise is more pressure to go, and the terminal market maintenance is increased, pure benzene market consumption is limited, the market mentality is still empty, short-term market material is difficult to significantly rebound.

First, the price trend

According to business price monitoring, as of May 23, the domestic aggregate MDI market average price reported 14500 yuan/ton, the overall market decline remains.

Second, the market analysis Products: Domestic polymerization MDI market continues to be weak, difficult to have a positive impact, the field mentality in general. Shippers at this stage of the shipment of positive, but the overall transaction arrears, afraid of the aftermarket continued to fall into the market, it is difficult to digest pessimism. Considering that downstream demand is difficult to follow up, demand is limited and the transaction atmosphere is extremely poor. It is expected that the aggregate MDI market in the short term will continue to weaken without positive conditions. Approaching the end of the month wait and see manufacturers Crescent listed Price dynamics.

As manufacturers ‘ installations gradually recover, the overall market trend in June is not optimistic, and low shocks may be the norm. On the market side, north China and Shandong polymerization MDI market weak finishing. There is no obvious change in market fundamentals, downstream just need to purchase cautious, middlemen more stable prices to negotiate shipments, the market has a low price to hear. East China polymerization MDI market weak finishing. There is no obvious change in market fundamentals, downstream on-demand procurement prudence, market real Trading Limited, individual operators under pressure to negotiate shipments, the market has a low price to hear. South China polymerization MDI market weak operation.

Downstream just need to continue to languish, market trading is weak, middlemen negotiate shipments. Industrial chain: raw materials, pure benzene: affected by the supply gap between the United States and Europe, the US dollar plate continues to operate strongly. But domestic commodities are weaker and market shocks are dominated. One of the spot talks in 4460-4530 yuan/ton, May under negotiations in 4490-4530 yuan/ton, June under negotiations in 4540-4600 yuan/ton, July under negotiations in 4560-4700 yuan/ton. Aniline: The aniline market is stable. Although downstream just need to take goods, but the market on the south and Lanzhou is still in the maintenance, other Aniline enterprises inventory is not high, there is no shipping pressure, price stability consolidation. East China Market Mainstream reference 5900-6000 yuan/ton acceptance.

North China market talks price reference in 5720-5870 yuan/ton.

Third, the forecast of the aftermarket Business community Point of view: Positive aspects, Shanghai Enterprise Maintenance is more concentrated, enterprise monthly listing firm. On the negative side, the latest price of Zhou pricing enterprises to implement 12500 yuan/ton, due to the weak terminal demand, the market is weak to promote, individual enterprises volume shipments, the industry mentality collapse, pressure shipments. Approaching the end of the month to wait for a strong mood, short-term stability is the best choice. With the advance overdraft of maintenance news and the gradual recovery of factory installations, June overall good collapse, low shock may be the norm, coupled with downstream demand shrinkage, the disadvantage is obvious. Business Society Polymerization MDI Analysts expect the short-term market to continue to be weak.

Product Name: Phenol

East China Market (May 15): 7550 yuan/ton

Analysis points: Domestic phenol market atmosphere is cold, the mainstream market center of gravity further decline, manufacturers listed has not been adjusted. Market weak posture, downstream terminal demand to buy gas lighter, inquiry intention is low, shippers ship performance is poor, follow suit careful offer, trading follow-up is limited. As of the current East China phenol market price reference in 7500-7550 yuan/ton, the low end of the center of gravity, yanshan surrounding areas 7750 yuan/ton, Shandong regional newspaper 7700 Yuan/ton, Henan regional newspaper 7800 Yuan/ton, business community expected today’s domestic phenol market weak operation, East China phenol market price reference at 7500 yuan/ton or slightly lower.

The Fluorite Commodity Index of May 20 was 100.44, the same as yesterday, down 21.22% from 127.49 at the highest point in the cycle (2019-01-03), up 104.1% from the lowest 49.21 point on December 18, 2016.

(Note: cycle refers to 2011-09-01 to present) According to statistics, the domestic fluorite price trend is stable, as of 21st, the domestic fluorite average price of 2862.5 yuan/ton, the recent domestic fluorite device driving normally, the field mine and flotation device normal start, the field fluorite supply Normal, the recent downstream freight market in general, for the fluorite market on demand procurement, fluorite price trend shock. Recently downstream plant construction situation is poor, the field fluorite spot supply is normal, terminal downstream pick-up situation is not good, resulting in market price trend temporary stability. As of 21st, Inner Mongolia 97 fluorite wet powder price in 2700-3000 yuan/ton, Fujian region 97 fluorite Wet powder talks mainstream in 2700-3000 yuan/ton, Henan Region 97 fluorite Wet powder price in 2600-3000 yuan/ton, Jiangxi Region 97 fluorite Wet powder price in 2800-3000 yuan/

Tons, fluorite price trend temporarily stable. Fluorite downstream hydrofluoric acid market price trend rose, as of 21st domestic hydrofluoric acid market price of 11130 yuan/ton, hydrofluoric acid market price shock for the upstream fluorite market has a certain positive impact, but the recent start of hydrofluoric acid device general, for fluorite demand weakened, fluorite price shock operation. Recently downstream refrigerant product plant started in low, the upstream fluorite and hydrofluoric acid demand in general, the recent downstream refrigerant trading market in general, hydrofluoric acid product price trend is stable. Recently terminal downstream refrigerant market trading market cold, R22 refrigerant device surface started in 60%,R22 market installation rate of temporary stability, the main production enterprises Scatterwater factory price of 18000-19000 yuan/ton between, but the production enterprises do not have scatterwater spot, more than a small number of cylinders shipped mainly. In addition, the actual demand surface of the market changes little, shipping market in general. Domestic R134a market price trend shock, production enterprises plant construction rate to maintain low, refrigerant market demand in general, manufacturers shipped to export-oriented. But the market transaction price changes are not big, merchants on demand procurement, comprehensive view, downstream industry market in general, coupled with the normal supply of fluorite markets, fluorite prices rose slightly, business analysts Chen Ling that fluorite market prices or will be slightly higher.

May 19 The Phenylanhydride Commodity Index was 61.25, the same as yesterday, down 49.01% from 120.13 at the highest point in the cycle (2012-02-28), up 26.5% 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 slightly declined, east China Phenylanhydride Phenylanhydride Market to maintain a weak, downstream plant maintenance just need to purchase, factory inventory pressure continued, high-end transactions blocked, the field adjacent to the law source negotiations in 6200-6300 yuan/ton, naphthalene method source talks mainstream in 5900 yuan/ton

, North China Phenylanhydride market mainstream quotation in 6200-6300 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. Recently, the upstream of Phenylanhydride products phthalic Sinopec implementation price of 6400 yuan/ton, the current market price of 6400 yuan/ton, the quotation decline, the 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 quotation stability, import of phthalates cost shock, the actual transaction price of the real order, the upstream price trend decline, phenylanhydride market price 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 7800 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 6200 yuan/ton.