1、 Price trend

As can be seen from the above figure, the domestic market price of neopentyl glycol fell slightly this week. The average price of domestic mainstream market price of neopentyl glycol fell from 17666.67 yuan / ton last weekend to 17533.33 yuan / ton this weekend, a decrease of 0.75%.

2、 Market analysis

The quotation of mainstream neopentyl glycol manufacturers fell this week: the distribution price of Shanghai Qihua Wanhua neopentyl glycol at the weekend was 17300 yuan / ton, which was temporarily stable compared with last weekend; The distribution price of Shandong Zhiying Jihua neopentyl glycol at the weekend was 17500 yuan / ton, which was 500 yuan / ton lower than that at the weekend. The distribution price of Jinan aochen Wanhua neopentyl glycol at the weekend was 17800 yuan / ton, which increased by 100 yuan / ton compared with last weekend.

From the upstream raw material market of neopentyl glycol, the domestic isobutyraldehyde market price rose slightly this week. This week, the average price of isobutyraldehyde in the mainstream domestic market increased from 14133.33 yuan / ton last weekend to 14600.00 yuan / ton this weekend, an increase of 3.30%. The market price of upstream raw materials rose slightly and the cost support was good. Affected by the supply and demand side, it had a positive impact on the price of neopentyl glycol.

3、 Future forecast

The market trend of neopentyl glycol in the middle and late April may rise slightly. The upstream isobutyraldehyde market rose slightly, the cost support was good, the downstream coating market was general, and the downstream procurement enthusiasm was weak. Analysts of neopentyl glycol in business society believe that the short-term neopentyl glycol market may rise slightly due to the influence of supply and demand and raw materials.

I Price trend

According to the monitoring data of business society, the average price of EPS ordinary materials at the beginning of this week was 11025 yuan / ton, and the average price of EPS ordinary materials at the weekend was 10975 yuan / ton, with the price down 0.45% and an increase of 5.28% compared with the same period of the year.

II quotations analysis

Domestic EPS prices weakened slightly in this cycle. Crude oil fluctuated at a high level, styrene fluctuated back, and the logistics and transportation caused by early public health events have improved in some areas, but the impact of Jiangsu and other regions is still obvious, the terminal demand has not changed significantly, and the overall transaction is general. As of April 14, the ordinary materials of Jiangsu sample enterprises were 11000 yuan / ton, a month on month decrease of 100 yuan / ton, a decrease of 0.90%, and the resistance fuel was 11900 yuan / ton, a month on month decrease of 100 yuan / ton, a decrease of 0.83%.

Domestic styrene prices fluctuated and fell, with limited overall decline, mostly weak consolidation. During the week, the spot high-end transaction in Jiangsu was 10000 yuan / ton, the low-end transaction was 9730 yuan / ton, and the high-end and low-end price difference was 270 yuan / ton. This week, the guidance of crude oil on the price of styrene weakened. Although crude oil rose sharply during the week, styrene continued to fluctuate in a narrow range after falling at the beginning of the week.

III Future forecast

At present, the supply side has reduced production in Jiangsu more or less, and it is difficult to significantly improve production in other regions. It is expected that the EPS market may be weak and volatile in the short term.

According to the data monitored by the business community, as of April 11, the average price of domestic industrial grade high-grade cyclohexane was 9100 yuan / ton this week, and the price was mainly stable. The quotation range of mainstream manufacturers was about 8900-9100 yuan / ton, mainly maintaining stable operation, the focus of negotiation was stable, and the price range of this week was small.

This week, the average price of domestic industrial grade excellent cyclohexane is 9100 yuan / ton, and the quotation range of mainstream manufacturers remains about 8900 yuan / ton. The overall market supply and demand of cyclohexane is balanced. The downstream just needs to purchase, the focus of negotiation is stable, and the supply side is normal. The latest prices of enterprises: 8400 yuan / ton of Jinan jinrihe Chemical Industry Co., Ltd., 8600 yuan / ton of Jinan aochen Chemical Co., Ltd., 8600 yuan / ton of Liaocheng yuanze chemical products Co., Ltd, Shandong ruishuang Chemical Co., Ltd. is 900 yuan / ton, and Shandong yushuo Chemical Co., Ltd. is 8700 yuan / ton.

As of April 8, the price of upstream pure benzene was 8500-8650 yuan / ton (the average price was 8580 yuan / ton). The average price increased by 50 yuan / ton compared with last week, or 0.59%, and 28.06% compared with the same period last year. The maintenance of pure benzene plant is concentrated, and the supply side is expected to tighten; Under the influence of public health events, the operating rate of pure benzene and main downstream units decreased. Under the influence of domestic public health events, the mentality of pure benzene market is poor and the short-term trend is weak.

Chemical index: on April 10, the chemical index was 1184 points, down 1 point from yesterday, down 15.43% from the highest point of 1400 points in the cycle (2021-10-23), and up 97.99% from the lowest point of 598 points on April 8, 2020. (Note: the period refers to the period from December 1, 2011 to now)

According to the cyclohexane analyst of business society, the stable operation of cyclohexane market is expected in the short term. (to get more information about goods and to grasp the price of commodities, welcome to subscribe to the business community through the official account of the business community, the market is the opportunity).

Recent price trend of isooctanol

As can be seen from the above figure, the ex factory price of isooctanol in Shandong fell first and then rose this week. The average ex factory price of mainstream isooctanol manufacturers in Shandong this week was 12833.33 yuan / ton. Compared with the same period last year, it increased by 4.90% year-on-year. On April 10, the isooctanol commodity index was 94.36, unchanged from yesterday, down 31.37% from the highest point 137.50 in the cycle (2021-08-08), and up 168.45% from the lowest point 35.15 on February 1, 2016. (Note: the period refers to the period from September 1, 2011 to now)

The upstream support is good and the downstream demand is weakened

From the perspective of manufacturer’s quotation, the ex factory quotation of mainstream manufacturers of isooctanol in Shandong this week is temporarily stable: the octanol unit of Jianlan chemical is under maintenance; The quotation of lihuayi isooctanol this weekend is 12700 yuan / ton, which is 100 yuan / ton higher than that at the beginning of the week; Hualu Hengsheng offered 13000 yuan / ton of isooctanol this weekend, down 100 yuan / ton compared with the beginning of the week.

From the upstream raw material market of isooctanol, the propylene market rose slightly this week. The quotation increased from 8230.80 yuan / ton at the beginning of the week to 8494.60 yuan / ton at the end of the week, an increase of 3.21%, an increase of 3.73% year-on-year over the same period last year. The market price of upstream raw materials rose slightly and the cost support was good. Affected by the supply and demand side, it had a positive impact on the price of isooctanol.

From the downstream market of isooctanol, the ex factory price of DOP fell slightly this week. The DOP price fell from 12300.00 yuan / ton at the beginning of the week to 12250.00 yuan / ton at the end of the week, a decrease of 0.41%, and a year-on-year increase of 7.22%. Downstream DOP prices fell slightly, and downstream customers’ enthusiasm for isooctanol procurement weakened.

The upstream support is good, the downstream demand is weakened, and isooctanol is bearish in the future

In the middle of April, the market trend of Shandong isooctanol may fluctuate slightly, mainly falling. The upstream propylene market rose slightly and the cost support was good, but the downstream DOP market fell slightly and the downstream demand weakened. The isooctanol analyst of business society believes that the short-term domestic isooctanol market may fluctuate and decline slightly under the influence of supply and demand, raw materials and other aspects.

1、 Price trend

According to the monitoring data of business agency, the average ex factory price of domestic ammonium sulfate was 1866 yuan / ton on April 6 and 1856 yuan / ton on April 11. The price of ammonium sulfate fell by 0.54% this week.

2、 Market analysis

The price of ammonium sulfate fluctuated slightly this week, dominated by shock finishing and operation. The downstream is resistant to high priced ammonium sulfate, and the demand side is not followed up enough, mainly on the sidelines. The external market urea market is at a high level, which is good for the market of ammonium sulfate. Due to the epidemic situation, transportation in many places was blocked. The internal ammonium sulfate plant has reduced the load, reduced the supply and kept the price high. The price of coking grade ammonium sulfate was slightly reduced. As of April 11, the factory quotation of coking grade ammonium sulfate and mainstream ammonium sulfate in Shandong is about 1660 yuan / ton. The mainstream factory quotation of ammonium sulfate in Hebei is about 1650 yuan / ton. Hexene grade ammonium sulfate, the ex factory quotation in Shandong is 1950-2000 yuan / ton.

The price of raw sulfuric acid is high this week, and the cost support is good. The market price trend of compound fertilizer in the lower reaches is rising, and most of them are still wait-and-see. Due to the high price of compound fertilizer raw materials, favorable cost support and strong market of compound fertilizer, most of them mainly execute early orders.

3、 Future forecast

The ammonium sulfate analyst of business society believes that at present, the demand side of ammonium sulfate is weak and the release space is limited. It is expected that the price range of ammonium sulfate will be stable in the short term, and it is suggested to pay attention to the changes at the demand side.

After the festival, the domestic phenol market fell down due to poor trading. According to the monitoring data of business agency, the average offer of domestic phenol market was 10645 yuan / ton on April 1, and 10462 yuan / ton on April 11, down 1.71%. So far, the offer of East China market is about 10350 yuan / ton, that of South China is 10450 yuan / ton, and that of North China and surrounding areas of Shandong is 10500-10550 yuan / ton

Trend chart of average price of phenol in the national market

Before the Tomb Sweeping Day holiday, the phenol market entered a stalemate after a narrow weakness. The holiday is approaching, the transportation resistance is large, the trading slows down and the market is quiet. During the holiday, the source of imported goods was replenished, and the port inventory increased slightly. At this time, the domestic logistics resistance was still large. After the festival, the focus of market negotiation fell again, and the willingness of cargo holders to ship increased.

The downstream bisphenol a market is generally stable, with little fluctuation in April. The consolidation and operation of downstream epoxy resin just needs to be followed up, while the supply pressure of bisphenol a market is small, and the market continues to operate smoothly. By the time of publication, the offer in North China and East China is about 16550 yuan / ton.

On November 11, Gaoqiao Petrochemical in East China lowered the listing price again to 10350 yuan / ton, and the market negotiation in East China was 10350 yuan / ton. Due to the impact of transportation, the demand pressure in East China was large, the circulation of goods in the region was not smooth, and there was still port supply supplement in the short term. However, considering the cost, the cargo holders had little room to continue to make profits. The business community expected the phenol Market to be depressed this week, and the trading volume was still the focus.

Domestic p-xylene price trend:

It can be seen from the p-xylene trend chart that the market price trend of p-xylene this week is temporarily stable. By the end of the weekend, the domestic ex factory price of p-xylene was 9300 yuan / ton, unchanged from the price of 9300 yuan / ton at the beginning of the week, with a year-on-year increase of 45.31%.

Recently, the domestic p-xylene supply is normal, the domestic PX operating rate is about 70%, the 600000 ton unit of Sinochem Hongrun Petrochemical operates stably, the Yangzi petrochemical unit operates stably, the Pengzhou petrochemical unit operates stably, the Yangzi Petrochemical PX unit operates normally, the Jinling Petrochemical unit operates stably, the Qingdao Lidong unit operates at full load, the Qilu petrochemical unit operates stably, and the Urumqi petrochemical unit starts at about 50%, Domestic p-xylene supply is relatively normal, but some overseas units are still under maintenance. Due to the decline of crude oil price this week, the price trend of domestic p-xylene remains stable. Driven by the decline in the closing price of international crude oil, the trend of PX external price declined slightly. As of the 7th, the closing prices in Asia were US $1134-1136 / ton FOB Korea and US $1152-1154 / ton CFR China. Recently, the operating rate of PX units in Asia has been relatively stable. On the whole, the operating rate of p-xylene units in Asia is more than 60%. The supply of PX goods in Asia is normal, the closing price of PX external price fell slightly, and the price trend of domestic p-xylene market is temporarily stable.

Crude oil prices fell this week. The settlement price of the main contract of WTI crude oil futures in the United States was US $96.03/barrel, and the settlement price of the main contract of Brent crude oil futures was US $100.58/barrel. International crude oil futures have fallen for three consecutive times. The large-scale release of reserves by consumer countries has put pressure on oil prices. In addition, the EU’s energy sanctions against Russia are still uncertain, and the expectation of supply tightening has eased slightly. In addition, the International Energy Agency has a plan to release crude oil reserves. Negative factors affect the decline of international crude oil price. Affected by the decline of crude oil price, the price trend of domestic p-xylene market is temporarily stable.

The price trend of downstream PTA market fell this week, and the average price of PTA market was 6100-6200 yuan / ton as of August 8. Yisheng Ningbo 2 million ton PTA plant was restarted on March 28, and Zhongtai Petrochemical 1.2 million ton PTA plant was overhauled on March 25 and restarted around April 11. Ineos 1.25 million ton PTA plant was overhauled on March 26 and is planned to restart around May 1. Plant restart and maintenance are carried out in parallel, and the supply continues to be low. At present, the operating rate of the industry is 73%. Due to the pressure of inventory and cash flow, some factories in the downstream started to reduce the burden and production, and the operating rate of the industry fell below 88%. Disturbed by the epidemic situation, the demand for terminal weaving is weak, and the orders in the peak textile season are less than expected, resulting in the polyester demand and inventory situation is not optimistic, and there are certain variables in the production of new polyester production capacity. There is a strong wait-and-see mood in the terminal textile market, mainly cautious procurement, and the price trend of domestic p-xylene market is temporarily stable.

Chen Ling, PX analyst of business society, believes that the current crude oil price has fallen, but the supporting role of the cost side is still, the downstream demand has recovered slowly, coupled with the slight decline of PTA price trend, and the overall demand side is weak. It is expected that the market price of p-xylene may decline in the later period.

According to the monitoring data of business society, as of April 6, 2022, the average ex factory price of domestic industrial grade propylene glycol is 13533 yuan / ton. Compared with the price on April 1, 2022 (the ex factory price of propylene glycol is 14133 yuan / ton), the average price is reduced by 600 yuan / ton, a decrease of 4.25%.

It can be seen from the data monitoring chart of the business agency that in April, the domestic propylene glycol market continued to decline. On the 2nd, the downstream demand for propylene glycol was general, the turnover of propylene glycol in the field was limited, and the shipment of propylene glycol factory was under pressure. The ex factory price of propylene glycol was adjusted downward by about 200-300 yuan / ton. During the Qingming Festival, the trading atmosphere in the propylene glycol venue was light, and the market was temporarily stable. After the festival, the domestic propylene glycol market fell again. The ex factory price of propylene glycol was reduced by about 200-400 yuan / ton, and the ex factory price of domestic propylene glycol was referred to about 13400-13600 yuan / ton. At present, the downstream demand continues to be weak, the pressure on the propylene glycol supply side remains, the wait-and-see mood is heavy, and the overall transaction is general.

On the upstream side of propylene oxide, after the festival, the domestic propylene oxide Market is weak and downward. According to the data of business agency, the reference price of propylene oxide was 11900 yuan / ton on April 6, down 1.11% compared with 12033.33 yuan / ton on April 1.

Future trend analysis

At present, due to the impact of logistics and transportation, the overall downstream demand for propylene glycol is still limited, and the downstream purchase is mainly based on rigid demand. The propylene glycol Data Engineer of business society believes that in the short term, the domestic propylene glycol market will mostly be adjusted in a narrow range, and more attention needs to be paid to the news changes of supply and demand.

Product Name: n-butanol

Latest price (April 6): 9500 yuan / ton

Key points of analysis: according to the data monitoring chart of business agency, on April 6, the domestic n-butanol market in Shandong operated slightly downward. The average ex factory price of n-butanol was 9500 yuan / ton. Compared with the previous working day, the average price was reduced by 66 yuan / ton, a decrease of 0.70%. On the 6th, the trading atmosphere of n-butanol in Shandong was general, and the wait-and-see mood in the downstream was heavy. The ex factory price of n-butanol in Shandong was around 9400-9600 yuan / ton.

Future forecast: at present, the downstream factories of n-butanol mainly consume raw material inventory and replenish goods appropriately on bargain hunting, which still has a certain impact on the limited transportation. The n-butanol datagrapher of business society believes that in the short term, the market situation of n-butanol in Shandong is mainly adjusted and operated in a narrow range, and more attention needs to be paid to the changes of supply and demand.

According to the monitoring of business society, the market price trend of domestic phthalic anhydride rose in March. As of the end of the month, the quotation of phthalic anhydride was 8737.5 yuan / ton, up 8.37% from the price of 8062.5 yuan / ton at the beginning of the month, up 43.83% year-on-year. The market price trend of phthalic anhydride rose slightly in March, and the sales of phthalic anhydride market was normal.

Since March, the market price trend of phthalic anhydride has risen, the delivery of phthalic anhydride in the field is normal, the price trend of upstream raw material orthobenzene has risen sharply, the plasticizer market has risen, favorable factors support the phthalic anhydride market, and the market price trend of phthalic anhydride has risen sharply. There is little change in the operation of domestic phthalic anhydride manufacturers. The operation rate of phthalic anhydride on the site is less than 60%. The domestic spot supply of phthalic anhydride is normal, and the price trend of upstream adjacent benzene rises. Affected by this, the market price of phthalic anhydride rises. The market price of phthalic anhydride in East China is rising, and the high-end transactions in the venue are limited. The mainstream of adjacent France source negotiation in East China is 8600-8800 yuan / ton, and the mainstream of naphthalene method source negotiation is 8400-8500 yuan / ton; The mainstream quotation of phthalic anhydride market in North China is 8600-8700 yuan / ton. The wait-and-see mentality of phthalic anhydride still exists in the field. The downstream is mainly purchased on demand. Driven by raw materials, the market price trend of phthalic anhydride rises.

Since March, the price of domestic orthobenzene has risen sharply, with the on-site price of 9000 yuan / ton, an increase of 15.38% compared with the price of 7800 yuan / ton at the beginning of the month. The rise of domestic orthobenzene price is a good support for the phthalic anhydride market. In March, the market trend of imported orthobenzene in the port area rose, and the external quotation of orthobenzene rose. Recently, the inventory of orthobenzene in the port area was ok, and the external quotation of orthobenzene remained high. The actual transaction price is subject to negotiation, and the actual order is discussed in detail, The price of o-benzene rose sharply. The price of raw material o-benzene was good for the domestic market price of phthalic anhydride. In addition, the demand improved, and the market price of phthalic anhydride increased slightly.

In March, the downstream DOP market price of phthalic anhydride increased slightly. According to the monitoring of business society, the domestic DOP price was 12300 yuan / ton by the end of the month, with a price increase of 3.36%. The operation of DOP enterprises in the field was stable, the DOP supply was normal, the isooctanol price was stable, the DOP raw material cost was stable, the operation of DOP enterprises was low, the DOP supply was sufficient, the PVC price fluctuated temporarily, the downstream demand was general, and the market transaction was general. Plasticizer DOP market is still rising with downward pressure, and the transaction price is subject to the real-time price. DOP price is 12200-12500 yuan / ton, and the price trend of phthalic anhydride market is affected.

On the whole, the peak sales season of plasticizer is coming to an end, and most units of phthalic anhydride manufacturers operate stably. However, the market price of orthobenzene has remained stable recently, and the trend of downstream plasticizer industry has declined. On the whole, it is expected that the market price of phthalic anhydride may fall slightly in the later stage.