1、 Price trend

Latest price (November 11): 9240 yuan / ton

Key points of analysis: according to the data monitoring chart of business society, on November 11, the closing price of PVC futures contract 2201 was 9095 yuan / ton, with a daily increase of 4.99%. The spot market actively increased, and the enterprise increased by 100-300 yuan / ton. At present, the price of raw calcium carbide has stopped falling and rising, and the cost support has been further strengthened. In addition, after the continuous price reduction operation in the early stage, the acceptance of the downstream product industry has improved, the purchasing mood has improved, and the PVC price has increased.

Forecast: PVC is expected to maintain a volatile upward trend in the short term.

Trade name: acetic acid

Latest price (November 10): 7090 yuan / ton

Key points of analysis: the short-term maintenance of acetic acid plant of Nanjing manufacturer has given some support to the market, the downstream inquiry has increased, and the price support mentality of acetic acid manufacturers has continued. Today, the price of acetic acid in various regions has generally increased by 50 yuan / ton. In terms of market price trend, the supplier still dominates, but the downstream just needs to follow up, the actual transaction is limited, and the field operators continue to wait and see for the future.

Future forecast: at present, the market inventory is sufficient, the downstream demand is rational, and the domestic acetic acid market is generally traded. It is expected that the short-term acetic acid market will be sorted out and run or rise slightly. Pay attention to the downstream follow-up.

Acetic anhydride market rose on November 9

According to the data monitoring of business society, the price of acetic anhydride rose on November 9, and the acetic anhydride market recovered. On November 9, the price of acetic anhydride was 12225.00 yuan / ton, up 0.82% from November 8 of the previous trading day. Affected by the rise of raw materials, the acetic anhydride market picked up.

Rising cost of acetic anhydride

According to the monitoring data of the business agency, the price of acetic acid stopped rising on November 9, and the raw material cost of acetic anhydride increased, which was good for the acetic anhydride market, and the driving force for the future rise of acetic anhydride was large.

Market overview and future forecast

According to the acetic anhydride data analyst of business society, on November 9, the price of acetic anhydride raw materials rose, the price of methanol stopped falling, the cost of acetic anhydride rose, Yankuang’s acetic anhydride equipment stopped, the inventory of acetic anhydride was low, and the supply of acetic anhydride was slightly insufficient. It is expected that the price of acetic anhydride will rise in the future.

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.

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.