According to the bulk list data of business society, as of August 4, the average quotation price of acrylic acid in East China was 15066.67 yuan / ton, up 32.94% compared with July 1, 4.39% compared with July 31 and 112.71% compared with the same period last year.

In July, the acrylic acid market rose steadily, with a monthly increase of 27.35%. In July, the acrylic acid market was tight and the price rose, the export inquiry increased significantly, the export orders of mainstream enterprises were delivered in an orderly manner, the industry inventory was low, and some enterprises shut down for maintenance, the market supply was tight, the just need support was obvious, and the market was driven by a strong atmosphere. Affected by the typhoon at the end of the month, the supply of factories in some areas was limited, the market supply and demand was tight and balanced, and the price focus gradually rose. In August, some factories were overhauled one after another, the overall market supply was tight, the transaction atmosphere was acceptable, and the price continued to rise.

Upstream propylene, according to the bulk list data of business society, as of August 3, the reference price of propylene was 7845.82, up 0.27% compared with August 1 (7824.91). The market trading was stable and the price was mainly stable.

According to the acrylic acid analysts of business society, generally speaking, at present, the stable price of raw material propylene is the main factor, and the cost impact is limited. The continuous tight spot supply is still the main factor supporting the market. It is expected that the acrylic acid market may operate strongly in the short term, and more attention should be paid to the guidance of market news

The epidemic situation in many parts of the world rebounded, demand concerns increased, and international oil prices fell sharply. According to the data of business agency, as of August 3, the price of MTBE was 5650 yuan / ton, with a month on month decrease of 10.08% and a year-on-year increase of 50.00%.

MTBE market continued to decline steadily, with a decline of 50-80 yuan / ton. The international oil price fell sharply, the market mentality was bad, and the gasoline market fell by 30-50 yuan / ton, and the demand for raw materials became more and more light.

In terms of external market, as of the closing on August 2, the closing price of Asian MTBE market was reduced by US $7 / T compared with the previous trading day, and FOB Singapore closed at US $772-774 / T. The closing price of European MTBE market decreased by US $16.75/t compared with the previous trading day, and FOB ara closed at US $883.25-883.75/t. The closing price of MTBE market in the United States decreased by US $27.48/t compared with the previous trading day, and FOB Gulf FOB closed at US $813.48-813.84/t (229.15-229.25 cents / gallon).

region ., Country, closing price, up and down

Asia FOB Singapore USD 772-774 / ton – USD 7 / ton

U.S.A FOB Bay 813.48-813.84 USD / ton – USD 27.48/t

Europe FOB ARA 83.25-883.75 USD / ton – USD 16.75/t

In terms of enterprises, some major production enterprises in Shandong have adjusted their prices by about 50-100 yuan / ton today,

The recent trend of crude oil and gasoline is sluggish, the demand is weak, and the sales pressure of MTBE merchants increases. Business agency MTBE analysts believe that the domestic MTBE market may still decline in the short term.

Most London Metals fell, and Lun lead rose 0.57% boosted by the decline in inventory. Most domestic metal markets were green at night, and Shanghai lead rose 1.17% driven by Lun lead. Shanghai lead continued its upward trend in the morning. As of the closing on August 2, the settlement price of the main contract of Shanghai lead 2109 was 16070 yuan / ton, up 1.04%.

Boosted by the futures market, the quotation range of 1# lead ingots in the domestic spot lead market is about 15700-15800 yuan / ton, with an average price of 15750 yuan / ton, an increase of 150 yuan / ton compared with the previous trading day. Prices rose back, there were few market inquiries in the downstream, the overall purchase intention was still low, and the downstream remained mainly on the sidelines. Overall, the downstream is gradually entering the peak season, but the market demand expectation is still soft, and the demand side is afraid that the peak season will not be prosperous in the future. At present, the domestic lead inventory is still on the high side, and the downstream just needs to purchase as a whole. In the future, the business community believes that the lead price will remain volatile in the short term.

1、 Price data

According to the bulk list data of business society, the price of petroleum coke of domestic local refiners continued to rise this week. The average market price in Shandong was 2435.75 yuan / ton on July 31, up 2.42% from 2378.25 yuan / ton on July 26.

On July 31, the commodity index of petroleum coke was 189.45, unchanged from yesterday, hitting a record high in the cycle, up 183.23% from the lowest point of 66.89 on March 28, 2016（ Note: period refers to 2012-09-30 to now)

2、 Analysis of influencing factors

This week, the maintenance of refineries increased, the supply of petroleum coke decreased, the inventory was low, and the local coking price rose well.

Upstream: international crude oil prices rose, US crude oil inventories fell more than expected, and tight supply boosted oil prices. Data show that US crude oil supply hit the lowest level since January 2020, and oil prices further increased.

Downstream: the price of upstream petroleum coke continues to rise, and carbon enterprises continue to operate under pressure under the cost pressure of carbon enterprises; The price of calcined coke rose; The price of downstream electrolytic aluminum rose. As of July 31, the price was 19856.67 yuan / ton; The short-term tight supply situation is difficult to alleviate, but the willingness to receive goods at high prices in the downstream is not strong, and the market price of metal silicon rose slightly.

Industry: according to the price monitoring of business society, there are 10 kinds of commodities rising month on month in the energy sector in the list of commodity prices rising and falling in the 30th week of 2021 (7.26-7.30), including 2 kinds of commodities rising by more than 5%, accounting for 12.5% of the monitored commodities in the sector; The top three commodities were liquefied natural gas (8.05%), coking coal (6.22%) and petroleum coke (2.42%). There were three commodities with month on month decline, and the top three products were fuel oil (- 0.52%), gasoline (- 0.49%) and naphtha (- 0.28%). The average rise and fall this week was 1.45%.

According to the petroleum coke analysts of business society, the local refineries have been overhauled one after another recently, the local petroleum coke supply is tight, the inventory is low, the electrolytic aluminum market performs well, and the carbon enterprises are under pressure. It is expected that the petroleum coke will remain stable in the near future.

According to the bulk data monitoring of business society, the acetic acid market was sorted upward. On the 29th, the price of acetic acid was 5983.33 yuan / ton, up 2.28% from the previous working day. As of July 29, the market prices of acetic acid in various regions in China are as follows:

Region, On June 28, June 29th , Price rise and fall

East China, 5800-6350 yuan / ton, 5900-6350 yuan / ton, one hundred

South China, 5750-5850 yuan / ton, 5900-6000 yuan / ton, one hundred and fifty

North China, 5600-5700 yuan / ton , RMB 5600-5800 / ton, one hundred

Shandong region, 5850-5900 yuan / ton , 5950-6000 yuan / ton , one hundred

Jiangsu region, 5700-5800 yuan / ton, 5800-5900 yuan / ton , one hundred

Zhejiang region, 7800-7900 yuan / ton , 5900-6000 yuan / ton , one hundred and fifty

Hebei region, 5900 yuan / ton, 6000 yuan / ton , one hundred

The domestic acetic acid market rose slightly. Huayi acetic acid plant in Guangxi and Anhui stopped due to failure, and individual acetic acid enterprises increased their quotations. East China, North China and South China all increased to varying degrees. At present, the inventory of acetic acid market is sufficient, the downstream demand is general, traders just need to buy rationally, the purchase is limited, enterprises have more transactions and negotiate for shipment, and the actual transaction price of acetic acid is low, The market trading is relatively stable, the atmosphere in the venue is mainly wait-and-see, and there is little room for short-term increase. In the later stage, the acetic acid market will be sorted and operated, and the trading situation in the downstream market will be observed.