Crude oil continues to decline and gasoline demand is weak. MTBE market fell slightly, with a decrease of about 50 yuan / ton. According to the data of business agency, from August 11 to August 18, the price of MTBE fell from 5600 yuan / ton to 5500 yuan / ton, with a decrease of 1.79% in the week, a decrease of 4.24% month on month and a year-on-year increase of 47.32%.

Crude oil continued to decline, coupled with the continued decline in the gasoline market, businesses’ demand for raw material MTBE was weak, the market pessimistic atmosphere was strong, MTBE businesses’ sales were not smooth, so they had no choice but to continue to make profits and promote sales. Crude oil prices fell three times in a row, and the bearish sentiment in the middle and lower reaches is increasing. Refined gasoline has not reached the balance of production and sales, gasoline and diesel inventories have been under certain pressure, and refineries will continue to reduce prices to control inventories.

In terms of external trading, as of the closing on August 17, the closing price of Asian MTBE market was reduced by US $10.5/t compared with the previous trading day, and FOB Singapore closed at US $732.5-734.5/t. The closing price of European MTBE market decreased by US $0.25/t compared with the previous trading day, and FOB ara closed at US $773.25-773.75/t. The closing price of MTBE market in the United States decreased by US $12.54/t compared with the previous trading day, and FOB Gulf FOB closed at US $714.86-715.22/t (201.37-201.47 cents / gallon).

region ., Country, closing price, up and down

Asia FOB Singapore 732.5-734.5 USD / ton – USD 10.5/t

U.S.A FOB Bay USD 714.86-715.22/t – USD 12.54/t

Europe FOB ARA 773.25-773.75 USD / ton – USD 0.25/t

In terms of enterprises, the price adjustment of some main production enterprises in Shandong is about 50-100 yuan / ton: the 400000 T / a mixed alkane dehydrogenation and CO production of 350000 tons MTBE unit of Shandong Shenchi Chemical Co., Ltd. is under normal operation, MTBE is reduced by 50 yuan / ton, and the quotation is 5500 yuan / ton. Shi dashenghua’s MTBE quotation is reduced by 50 yuan / ton to 5550 yuan / ton. The MTBE quotation of Lihua Yijin Petrochemical is reduced by 50 yuan / ton to 5500 yuan / ton. The 350000 T / a mixed alkane dehydrogenation unit of Dongming Qianhai chemical started normally, and the MTBE quotation was reduced by 50 yuan / T to 5500 yuan / T.

At present, the transaction in MTBE market is general. Crude oil fell four times in a row, coupled with poor gasoline sales and low interest in purchasing raw materials, the sales pressure of MTBE market remains. Business agency MTBE analysts believe that the domestic MTBE market may still decline in the short term.

According to the bulk list data of business society, the price trend of TDI market is strong and upward. On August 17, the average market price in East China was 15125.00 yuan / ton, up 3.77% from the previous working day.

The domestic TDI market rose broadly. Last Friday, the news of the closing of a factory in Shanghai was released. At the weekend, a TDI factory in the North stopped and closed the plant, and the atmosphere in the field was bullish. On the 17th, the market learned that the latest TDI quotation of a factory in Shanghai rose to 15800 yuan / ton. The supplier’s good news was superimposed, the atmosphere in the field was bullish, the offer of the holder rose, and the quotation in the distribution market rose, The quotation of individual enterprises is increased by 1000 yuan / ton. The quotation range of dealers in East China is around 14500-14600 yuan / ton for domestic goods and 15000-15500 yuan / ton for Shanghai goods. The actual order is negotiated.

According to the analysis of TDI data division of business society, at present, the domestic TDI market is sorted upward, the offer of goods holders is on the high side, and the on-site information suppliers are dominant. In addition, according to market news, Gansu Yinguang TDI device will be shut down and overhauled for one month from August 20 to 25, which is good for the supplier market. The downstream side will follow up generally and focus on wait-and-see. The future market trend will pay attention to the downstream transaction situation, The short-term TDI market trend is bullish.

Trade name: isooctanol

Latest price (August 16): 18233.33 yuan / ton

On August 16, the ex factory quotation of isooctanol in Shandong increased by 733.33 yuan / ton or 4.19% compared with the quotation on August 13. The upstream propylene market rose slightly, the cost support was good, the downstream DOP market stopped falling and rose, the downstream procurement enthusiasm increased, and some octanol units were overhauled, resulting in tight supply.

Recently, the ex factory price of octanol in Shandong has increased slightly: the manufacturer’s quotation is about 18300 yuan / ton.

1、 Price trend

According to the bulk list data of business society, aniline prices stabilized this week. On August 6, the price of aniline in Shandong was 10400-10600 yuan / ton and that in Nanjing was 10600-10700 yuan / ton; On August 13, the price of aniline in Shandong was 10400-10600 yuan / ton, and that in Nanjing was 10600-10700 yuan / ton, an increase of 32.49% over the beginning of the year and 140.61% over the same period last year.

2、 Analysis and review

In terms of cost, in the early part of this week, due to the significant increase in pure benzene port inventory and the decline of styrene, the market mentality was suppressed, and the price continued to decline last week; Styrene rebounded in the second half of the week, driving the slight recovery of pure benzene. The epidemic spread, Limited Logistics in many places, limited shipment of enterprises, and affected demand at the same time. This week, Sinopec cut the listing price of pure benzene by 150 yuan / ton. On Sunday (August 15), the price of pure benzene was 7400-7600 yuan / ton (the average price was 7530 yuan / ton), and the average price decreased by 80 yuan / ton or 1.05% compared with last week; Compared with the same period last year, it increased by 122.78%.

The price of nitric acid stabilized this week. On Friday (August 13), the production price of nitric acid in East China was 3096.67 yuan / ton, an increase of 104.18% over the same period last year. Nitric acid was boosted by raw materials and shipment support in the early stage, with a large increase, and it is expected to be mainly consolidated in the later stage.

Within the week, Jiangsu Yangnong started shipping and another 100000 t / a unit of Nanhua was restarted. However, due to the impact of the epidemic, the shipment of enterprises was blocked, and the increment of market outward release changed little. The cost trend gradually stabilized, and the downstream demand was stable as a whole. The price of aniline was stabilized and consolidated this week.

3、 Future expectations

In terms of cost, the trend of crude oil is full of uncertainty, which is difficult to support pure benzene; The downstream profit space expanded and the demand for pure benzene rebounded. It is expected that the price of pure benzene will stabilize next week, but the rebound lacks strong support.

In the later stage, the market supply of aniline gradually increases, the cost side is expected to stabilize, and the price of aniline may decline. Continue to pay attention to the trend of raw material, downstream demand and the dynamics of aniline plant.

1、 Price trend

According to commodity data monitoring, the price of yellow phosphorus in Yunnan and Guizhou decreased. The average price of yellow phosphorus was 26666.67 yuan / ton last Thursday and 24666.67 yuan / ton this Thursday. The price decreased by 7.5% during the week.

2、 Market analysis

The price of yellow phosphorus decreased this week, the atmosphere in the venue was more active than last week, and inquiries increased. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is about 24000 yuan / ton; The mainstream quotation in Sichuan is about 25000-26000 yuan / ton; The mainstream quotation in Guizhou is about 24000-25000 yuan / ton. This week, the downstream enterprises of yellow phosphorus gradually resumed production and purchased a small amount. At present, the transaction of new orders is general, and the enterprise owner mainly sends early orders.

In terms of raw materials, the current phosphorus ore market is running at a high level. Up to now, according to the monitoring of bulk commodity data, the 30% low-grade phosphate rock truck price is near 550 yuan / ton. The market atmosphere is good and the spot supply is tight. Most enterprises suspend quotation, and most orders are mainly in the early stage of delivery.

In terms of coke, the market price of coke in Shandong and Hong Kong increased slightly today. At present, the mainstream spot exchange delivery price of quasi primary metallurgical coke in the port area is about 2970 yuan / ton, and the price of primary coke is 3070 yuan / ton, up 20 yuan / ton compared with the price the day before yesterday. The inventory in the two ports continues to be low, the current mentality of traders is good, the trading atmosphere is good, and the overall market is mainly wait-and-see. As of August 12, the market price of Panzhihua coke (secondary metallurgical coke) was 2950 yuan / ton.

In terms of downstream phosphoric acid, according to commodity data monitoring, the average price of phosphoric acid is 6816.67 yuan / ton. This week, the phosphoric acid market is stable and small, but the wait-and-see mood remains unchanged. It is expected that the phosphoric acid market may fall with the decline of raw materials in the short term, and the market is stable and weak.

3、 Future forecast

The yellow phosphorus analyst of the chemical branch of the business agency believes that the yellow phosphorus market price fell this week and the trading atmosphere on the floor was better. At present, the supply of goods in the yard is still relatively tight. In addition, the high-level consolidation of upstream phosphate rock can support it. It is expected that the market price of yellow phosphorus will be stabilized temporarily in the short term.