Category Archives: Uncategorized

Fuel oil 180CST price continued to decline this week (11.1-11.7)

According to the data of business agency, as of November 7, the average price of domestic fuel oil 180CST was 5830.00 yuan / ton (including tax), down 3.32% from 6030.00 yuan / ton on November 1.

The downward price of domestic marine oil raw materials has limited support for fuel oil 180CST. According to the business news agency, as of November 7, the quotation of 180 CST fuel oil and 120 CST fuel oil in Zhoushan was 6000 yuan / ton, and the quotation of 6100 yuan / ton; The quotation of 180 CST self extracting low sulfur fuel oil in Shanghai is 5700 yuan / ton, and the quotation of 120 CST self extracting low sulfur fuel oil is 5800 yuan / ton.

The decline in international crude oil prices this week was mainly due to the tightening expectation of the Federal Reserve’s monetary policy and the reduction of the scale of bond purchase. In addition, the US Energy Information Administration (EIA) report showed that the US crude oil inventory increased more than expected last week, dragging down oil prices.

Singapore’s increased fuel stocks have limited support for fuel oil prices. It is understood that the Singapore enterprise development authority (ESG): as of the week of November 3, Singapore’s inventory of residual fuel oil, including fuel oil and low sulfur waxy residual oil, increased by 519000 barrels to 22.319 million barrels; Light distillate stocks, including naphtha, gasoline and reformate, decreased by 1827000 barrels to 10.36 million barrels; Medium distillate stocks decreased by 546000 barrels to 1024 million barrels.

Future forecast: the decline of international crude oil is bad for the ship fuel market, the terminal purchasing sentiment is weak, there are few transactions, and the ship fuel price continues to decline. The market price of fuel oil 180CST low sulfur is about 5700-6000 yuan / ton, and the market price of fuel oil 120cst low sulfur is about 5800-6100 yuan / ton. It is expected that the fuel oil 180CST market may continue to decline in the near future.

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On November 4, the domestic isopropanol market was weak and stable

Trade name: isopropanol

Latest price November 4: 8000 yuan / ton

Key points of analysis: on November 4, the domestic isopropanol market was weak and stable. Market transactions are relatively cold. Downstream enquiries decreased, the confidence of operators was insufficient, the transaction in isopropanol market was depressed, and traders remained on the sidelines. The price of acetone in the upper reaches was lowered to suppress the market mentality.

Prediction: isopropanol is weak in the short term.

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The price of ethylene oxide will be reduced by 400 yuan / ton tomorrow (2021 / 11 / 03)

At present, the latest quotation of ethylene oxide industrial chain: the ex factory price of ethylene oxide in East China, North China and Northeast China is 10000 yuan / ton, that in Central China is 10200 yuan / ton, and that in South China is 9900 yuan / ton.

The upstream support was loose. API reported an increase in crude oil inventories for the sixth consecutive week, resulting in a drop in oil prices on Wednesday; Ethylene remains stable at high level; In terms of coal, the determination of policy regulation remains unchanged, and the price of port and pit mouth continues to fall. Downstream, demand is poor, spot prices continue to decline, terminal enterprises wait and see, and the whole has shown signs of weakness. In the ethylene glycol vibration grinding bottom, the cogeneration unit is converted to ethylene oxide. In addition, the start-up and discharge date of silbon is approaching, and the situation of abundant supply side can be predicted.

Market news pointed out that ethylene oxide will be reduced by 400 yuan / ton tomorrow.

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TDI market sorting in East China on November 2

Trade name: TDI

Latest price (November 2): 15325.00 yuan / ton

Key points of analysis: the domestic TDI market is waiting and sorting, the downstream demand of the terminal is low, the purchase is on demand, and the market trading is general. In terms of supply, although the supplier’s devices operate stably, the on-site spot inventory is low, the offer of the goods holder is stable, the supply and demand are flat, and the market market market is sorted and operated. The quotation of TDI domestic goods in the distribution market is about 14800-15000 yuan / ton, and that of Shanghai goods is about 15300-15500 / ton. The actual transaction price is subject to negotiation.

Future forecast: from the perspective of supply and demand performance, the future TDI market is temporarily stable and wait-and-see operation, and the short-term market is in a stalemate. Pay attention to the market supply and downstream follow-up.

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The price trend of acetic anhydride fell on November 1

Acetic anhydride fell on November 1

http://www.sulfamic-acid.com

According to the data monitoring of business society, the price of acetic anhydride fell sharply on November 1, and the market of acetic anhydride fell. On November 1, the price of acetic anhydride was 11975.00 yuan / ton, a sharp decrease of 600 yuan / ton or 4.20% compared with the price of the previous trading day. Affected by the decline of raw materials, acetic anhydride market fell sharply.

Acetic anhydride cost plummeted

According to the monitoring data of business society, the price of acetic acid fell slightly on November 1, but the price of acetic acid plunged by 24.5% in October, and the cost of acetic anhydride raw materials fell, dragging down the price of acetic anhydride.

According to the monitoring data of the business community, the price of methanol fell sharply on November 1, and the price of methanol on November 1 was 3156.67 yuan / ton, down 5.77% from the price of methanol on October 29 of the previous trading day; The cost of acetic anhydride decreased, the rise of acetic anhydride cost was not supported, and the downward pressure of acetic anhydride increased.

Market overview and future forecast

According to the acetic anhydride data analyst of business society, the price of acetic anhydride raw materials in November continued the trend in October, the price of acetic acid fell slightly, the price of methanol fell sharply, the price of acetic anhydride fell under great pressure in November, and the price of acetic anhydride is expected to fluctuate and fall in the future.

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