According to the monitoring data of business agency, the average price of petroleum asphalt manufacturers in Shandong Province was 4575 yuan / ton on July 6, down 0.68% from the previous trading day and up 31.49% year-on-year. The sharp decline of international crude oil led to the decline of asphalt futures. In terms of spot goods, the demand in various regions is slightly stable, and the recent supply has increased significantly. Most contracts are executed, and retail shipments are general. In the short term, the domestic asphalt market is in a downturn, mainly finishing.

According to the monitoring data of business news agency, as of July 5, the reference average price of 30% grade phosphorus ore in the mainstream areas of China was around 1043 yuan / ton. Compared with June 1 (the reference price of phosphorus ore was 910 yuan / ton), the price increased by 133 yuan / ton, or 14.65%.

It can be seen from the data monitoring chart of the business agency that the domestic phosphate ore market as a whole continued to operate at a high level and strong in July. The supply of phosphate rock in the quarry continues to be tight, and the shortage of medium and high-grade phosphate ore is still the same. The circulating supply of phosphate rock in the mine is limited. Many large factories mainly use phosphate rock for their own use, and there is no saleable supply externally. Some mines in Guangxi and Guizhou mainly receive orders in advance, and mining enterprises in Hebei mainly supply shareholders. In terms of downstream demand, the demand for downstream phosphate fertilizer products has performed well, which has also boosted the demand side of the phosphate ore market this year. Therefore, with the support of both supply and demand, the domestic phosphorus ore market has continued to operate at a high level for nearly July. As of July 5, the market price of 30% grade phosphorus ore in Guizhou is around 1030-1100 yuan / ton, and the market price of 28% grade phosphorus ore is around 930-980 yuan / ton.

In terms of downstream yellow phosphorus, the overall market price of yellow phosphorus fell in June. In July, the decline in the yellow phosphorus market continued. According to the monitoring data of business agency, the reference price of yellow phosphorus was 37000 yuan on July 4, a decrease of 1.6% compared with July 1 (37600 yuan / ton).

Prediction and analysis of future trend of phosphate rock

With the continuous strengthening of environmental protection policies in recent years, the mining requirements of phosphate rock have also been raised, and the mining difficulty has expanded. In addition, phosphate rock itself is a non renewable resource, and domestic medium and high-end grade phosphate rock is relatively small. Therefore, in the short term, the relief of the tight market supply situation is limited. Phosphate rock datagraphers of business society believe that recently, the domestic phosphate rock market is mainly stable and high-level operation, Specific trends also need to pay more attention to specific changes in supply and demand.

1、 Summary of mixed xylene prices on July 1:

Qingdao refinery quoted 8300 yuan / ton, Shijiazhuang Refinery quoted 8150 yuan / ton,

Jiujiang Petrochemical offers 8500 yuan / ton, and Yangba offers 8350 yuan / ton,

Guangzhou Petrochemical quoted 8600 yuan / ton, Maoming Petrochemical quoted 8600 yuan / ton,

Changling Refining and Chemical Co., Ltd. offers 8500 yuan / ton,

Xinhai Petrochemical offers 8500 yuan / ton.

2、 Fluctuation trend:

 
3、 Analysis and comments:

In terms of crude oil, many oil fields in Libya suffered from force majeure, and the oil supply fell sharply, adding to market concerns about the insufficient production capacity of opec+, and the international oil price rose last Friday.

Crude oil rose last Friday, with good support on the cost side. The domestic demand side is weak, and mixed xylene is weak and volatile.

According to the bulk list data of business society, as of July 1, 2022, the domestic market price of diethylene glycol is 5333 yuan / ton, which is 133 yuan / ton higher than that on June 26, 2022 (the reference price of diethylene glycol is 5200 yuan / ton), or 2.56%.

It can be seen from the data monitoring of the business agency that this week, the domestic diethylene glycol market as a whole showed an upward trend. This week, the delivery of diethylene glycol at the port was normal, and the on-site stock taking performance was good. Supported by the supply side, the market price of diethylene glycol on Tuesday was steadily rising. As of the end of this week (July 1), the domestic market price of diethylene glycol was around 5300-5470 yuan / ton, with a reference increase of 2.5% in the week. At present, the unstable trend of international crude oil has brought some worries to the market. Diethylene glycol operators are cautious, and there is a heavy wait-and-see mood on the floor. Spot transactions are mainly negotiated, and the overall follow-up performance of the downstream is general.

At present, the inventory of diethylene glycol in the two reservoir areas of Zhangjiagang is about 56200 tons, the support of the supply side is acceptable, and the downstream demand is cautious. Under the game between the supply and demand sides, the diethylene glycol datagrapher of business society believes that in the short term, the diethylene glycol Market will be mainly sorted out and operated in a narrow range, and more attention should be paid to the international crude oil trend and inventory changes.

According to the data monitored by the business agency, the domestic carbon black quotation was 9975 yuan / ton on June 30.

On the cost side, the auction price of raw coal tar is generally rising, which further puts pressure on the cost of carbon black manufacturers. At present, the coke enterprises are operating stably, and the supply of coal tar in the market has not changed significantly, but the performance of downstream products continues to be poor.

On the demand side, the downstream tires in the domestic carbon black market operate at low load, the finished products of tire enterprises in the main market are shipped slowly, and the downstream performance of the tire market continues to be depressed. Under the condition that the domestic demand for tires continues to be weak and the export orders drive is limited, the inventory of tire enterprises is high. In the case of high tire inventory and poor expectation of future market demand, some tire manufacturers continue to control production and reduce inventory, and the demand for carbon black in the tire market is still low.

On the whole, at present, the cost of carbon black in China is falling, the demand for carbon black market is depressed due to bad factors, and the inventory is increased. The carbon black price shows a downward trend.