According to the data of the list of bulk commodities of the business community, the market of formaldehyde in Shandong has fallen recently. On the 7th, the average price of formaldehyde in Shandong was 1313.33 yuan/ton, and on the 13th, the average price of formaldehyde in Shandong was 1260.00 yuan/ton, down 4.06%, and the current price fell 3.57% year on year.

formaldehyde

Recently, the market price of formaldehyde in Shandong has fallen. From the figure above, it can be seen that the recent market of formaldehyde has fallen mainly. As of December 13, the mainstream market price in Shandong was 1170-1350 yuan/ton. Recently, due to the impact of public security incidents, the downstream factories have continued to decline in construction, and the demand has weakened significantly. Formaldehyde manufacturers have difficulty in shipping. In order to increase the volume, the market is weak and falling.

Upstream methanol situation: domestic methanol market fluctuated, mainly due to supply and demand. In terms of supply, most production enterprises focus on de stocking, and traditional downstream enterprises also have early parking performance, resulting in weak overall demand performance. The cost side of methanol has been supported, but the supply side has not decreased, and the demand side has not changed much. Methanol analysts from the business community predict that the domestic methanol market may be dominated by weak ones.

Recently, the methanol market is weak and the downstream demand is hard to improve in the short term. Therefore, the formaldehyde analyst of the Chemical Branch of the Business Cooperative predicted that the recent formaldehyde price in Shandong would mainly fall due to shock.

Price trend

According to the price monitoring of the business community, the price trend of sulfur in East China continued to rise this week. The average price of sulfur on December 9 was 1513.33 yuan/ton, up 4.37% compared with 1450.00 yuan/ton on December 3, and up 13.78% month on month.

The sulfur market in East China has improved, the terminal winter fertilizer storage market has been actively promoted, the downstream demand for sulfur has increased, the refinery shipments are smooth, the inventory is low, and the sulfur quotation has continued to rise. As of September 9, the mainstream price of solid sulfur in refineries in Shandong was about 1430-1680 yuan/ton, and the mainstream price of liquid sulfur was 1380-1550 yuan/ton.

Downstream market of industrial chain

The downstream sulfuric acid market was weak. As of December 9, the average domestic sulfuric acid price was 301.67 yuan/ton, down 6.22% compared with 321.67 yuan/ton on December 2. The transportation in some areas is blocked, the downstream is not willing to receive goods, the enterprise’s shipment is average, and the acid enterprise’s inventory is accumulated. In order to maintain the rhythm of shipment, the price of sulfuric acid is lowered.

Monoammonium phosphate continued to rise. On December 9, the average market price of 55% powdered monoammonium phosphate was 3550.00 yuan/ton, and on December 2, the average market price of 55% powdered monoammonium phosphate was 3466.67 yuan/ton. The market price of monoammonium phosphate rose 2.40%. The winter storage market of phosphate fertilizer has been actively promoted, the operating rate of downstream compound fertilizer enterprises has increased, and the demand for raw materials has increased. In addition, the operating rate of monoammonium phosphate manufacturers is low, the market supply is tight, and the supply of goods is small. The price of monoammonium phosphate continues to rise.

Future market forecast

According to the sulfur analysts of the business community, the terminal winter storage market is progressing smoothly at present, with favorable downstream support, increased sulfur demand, tight refinery inventory, and good simultaneous market supply and demand. It is expected that the short-term sulfur market will continue to rise, with specific attention paid to the downstream follow-up.

According to the monitoring of the business community, as of December 10, the price of nitrile rubber was 15150 yuan/ton. Since December, the market of nitrile rubber has continued to be weak and stable. The demand continues to be sluggish and the inquiry is not active. The ex factory price of nitrile rubber of domestic enterprises was stable. As of October 10, the ex factory report of Lanzhou Nitrile Rubber N41 was 13,400 yuan/ton. Narrow adjustment of market offer. At present, the mainstream report of 2665 nitrile in Russia is 13200~13400 yuan/ton.

In the first ten days of December, the price of butadiene as raw material rose slightly, while the price of acrylonitrile fell sharply. The cost support of butadiene acrylonitrile rubber was still weak. According to the monitoring of the business community, as of December 10, the price of butadiene was 63566 yuan/ton, up 0.642.48% from 6407 yuan/ton at the beginning of the month. The price of raw material acrylonitrile fell sharply. According to the monitoring of the business community, as of December 10, the price of acrylonitrile was 10020 yuan/ton, down 4.57% from 10500 yuan/ton at the beginning of the month.

NBR supply side pressure continues.

Recently, the downstream rubber products industry continued to operate at a low level, the purchase of nitrile rubber was sluggish, the market turnover was light, and the demand for nitrile rubber was insufficient.

Future market forecast: NBR analysts from the business community believe that the supply side pressure of NBR is still at present, coupled with weak demand, and it is expected that NBR will be dominated by weak consolidation in the short term. Later, with the launch of stock preparation before the year, the nitrile rubber market may rise slightly.

Yesterday, the domestic phenol market stopped falling, and the focus of the negotiation rose, mainly because the spot quantity was tight, some terminal factories started to store and replenish goods, and the mentality of the holders improved. The negotiation ended the situation of continuous decline, and the focus rose. In East China, the overall increase is 100-150 yuan/ton, and the negotiation is 8120-8150 yuan/ton. It is understood that the port replenishment has been delayed, and the market available is limited. However, the demand side has inquiries, but most of the goods are replenished with small orders. The on-site delivery volume is average. In the downstream, BPA continues to decline. The negotiation is 10000-10150 yuan/ton. It is expected that the short-term phenol market will be strong and upward, and the increase will mainly depend on the demand of downstream factories, focusing on the market turnover.

On December 6, phenol offers in various markets across the country were as follows:

Regional./quotation./daily rise and fall

East China/8150/. 100

Shandong Province/8250./100

Yanshan surrounding area./8250./100

South China/8150./100

The domestic market price of phthalic anhydride continued to decline. As of December 5, the quotation of phthalic anhydride was 8400 yuan/ton, with a monthly decline of 10.99%. The supply of phthalic anhydride was sufficient, but the demand did not improve, and the market continued to fall

The market of phthalic anhydride declined, and the main influencing factors are as follows:

Supply side: sufficient spot supply of phthalic anhydride

The supply of phthalic anhydride is sufficient. The domestic phthalic anhydride plants are operating stably. The domestic phthalic anhydride capacity is seriously surplus. At present, the domestic phthalic anhydride operating rate remains more than 60%. The supply of goods is poor, and the market trend continues to decline.

Cost end: the price of ortho benzene is lower, and the cost support is weakened

The price trend of domestic ortho benzene declined. As of the 5th day, the price of ortho benzene was 8200 yuan/ton, and the monthly price dropped 11.83%. The overhaul and restart of some ortho benzene units in the plant. According to the increase in the supply of ortho benzene as the reaction raw material from the manufacturer, the ortho benzene market has declined due to the decline in the mixed xylene market, and the cost support has weakened. As a result, the phthalic anhydride market has declined.

Demand side: plasticizer market downturn, poor demand

The DOP market price in the downstream of phthalic anhydride has decreased slightly. At present, the domestic DOP price is 9890 yuan/ton, and the domestic DOP enterprises start construction at a low level of about 50%. For phthalic anhydride, it is mainly purchased on demand, and the mainstream DOP price is 9800-10000 yuan/ton. The output of plastic products has decreased, the demand for plasticizers has decreased, and the plasticizer industry still has a downward trend. Poor downstream demand is the negative impact of the phthalic anhydride market, which continues to decline.

In the future, the price of o-xylene will be weak in the short term, the downstream plasticizer industry will start slowly, and the supply of phthalic anhydride will be sufficient, adding negative factors. It is expected that the market price of phthalic anhydride will decline slightly in the later period.