Category Archives: Uncategorized

The price of o-xylene was temporarily stable on September 15

On September 15, the price of orthobenzene was temporarily stable

 

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It can be seen from the trend chart of the price of neighboring benzene of the business community that the price of neighboring benzene was temporarily stable on September 15. As of September 15, the price of ortho benzene was 8600 yuan/ton, up 300 yuan/ton or 3.61% from 8300 yuan/ton on September 2, and temporarily stable, up 32.31% from 8600 yuan/ton on September 14, the previous trading day. On September 14, the OX Commodity Index was 73.41, unchanged from yesterday, 26.59% lower than the highest point of 100.00 (March 07, 2013) in the cycle, and 126.29% higher than the lowest point of 32.44 on April 13, 2020. (Note: the cycle refers to 2013-02-01 to now).

 

Key points of the market

 

Recently, the price of crude oil has fluctuated and dropped, the price of mixed xylene has temporarily stabilized, and the cost of o-xylene has stabilized; The price of phthalic anhydride rose sharply, and the demand for ortho benzene recovered. The cost has stabilized and the demand has warmed up. The price of ortho benzene in the external market has fluctuated and risen. There is still great downward pressure on the domestic ortho benzene market.

 

Future outlook

 

The cost tends to be stable, and the demand recovers. The favorable situation of ortho benzene increases the downward pressure, and the ortho benzene market is strong and stable in the future.

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Cost dominated market: Shandong formaldehyde market price rises

According to the data of the bulk commodity list of the business community, the formaldehyde market in Shandong rose this week. At the beginning of the week, the average price of formaldehyde in Shandong was 1280.00 yuan/ton, and at the weekend, the average price of formaldehyde in Shandong was 1300.00 yuan/ton, up 1.56%. The current price rose 7.14% month on month, and the current price fell 9.30% year on year.

 

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formaldehyde

 

The formaldehyde market price in Shandong Province rose slightly this week. From the above figure, it can be seen that the formaldehyde market has not fluctuated in recent two months. This week, the market continued to rise for three weeks. As of September 14, the mainstream market price in Shandong was 1240-1380 yuan/ton. In the near future, the methanol market has seen a good increase, and the cost support is relatively strong. The demand of the downstream plate plants is general, and the purchase of just needed materials is maintained. The transaction in the formaldehyde market is fair, and the market continues to rise driven by the cost.

 

Upstream methanol situation: Recently, the domestic methanol market is surging. The main reasons are the short term shortage of supply and the short term rise in demand. The downstream receiving price has risen significantly. There is a demand for goods in stock. The traders’ mentality is stable and improving. The quotations of major manufacturers at ports and in the mainland have been continuously raised. Some manufacturers have been bidding well, mainly at a premium starting price. However, the rise in freight has restrained the growth of the internal real estate area.

 

This week, the methanol market continued to rise. Driven by the rising cost, the formaldehyde manufacturer intended to raise the price in order to make profits, but the downstream plate factory did not improve. The demand for formaldehyde on the site was limited, and the purchase was mainly just needed. The market transaction was average. Zibo Dejuyicheng plant stopped, and the formaldehyde inventory was OK. The market rose slightly.

 

Recently, the domestic methanol market has risen, and the procurement of downstream wood panel plants has remained in demand. Therefore, the formaldehyde analyst of the Chemical Branch of the Business Cooperative predicted that the recent increase in formaldehyde prices in Shandong was mainly due to shock.

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Shandong isooctanol price fell 4.32% (9.3-9.9) this week

Recent price trend of isooctanol

 

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As can be seen from the figure above, the ex factory price of isooctanol in Shandong Province fell slightly this week. This week, the average ex factory price of mainstream isooctanol manufacturers in Shandong Province dropped from 9266.67 yuan/ton at the end of last week to 8866.67 yuan/ton at the end of this week, a decline of 4.32%, and a year-on-year drop of 48.55% compared with the same period last year. On September 12, the isooctanol commodity index was 65.20, unchanged from yesterday, down 52.58% from the peak of 137.50 (2021-08-08) in the cycle, and up 85.49% from the lowest point of 35.15 on February 1, 2016. (Note: Period refers to 2011-09-01 to now)

 

The upstream support is strengthened, while the downstream demand is weakened

 

From the manufacturer’s quotation, the ex factory quotation of Shandong isooctanol mainstream manufacturers fell slightly this week.

 

From the perspective of the upstream raw material market of isooctanol, the propylene market rose slightly this week, with the price rising from 7040.60 yuan/ton at the weekend to 7320.60 yuan/ton at the weekend, an increase of 3.98%, 4.26% lower than the same period last year. The market price of upstream raw materials rose slightly, and the cost support increased. Affected by the supply and demand side, it had a positive impact on the price of isooctanol.

 

From the downstream market of isooctanol, the DOP factory price fell slightly this week. The DOP price dropped from 10050.00 yuan / ton at the end of last week to 9650.00 yuan / ton at the end of this week, a decrease of 3.98%, a year-on-year decrease of 34.02%. Downstream DOP prices fell slightly, and downstream customers’ enthusiasm for purchasing isooctanol weakened.

 

The upstream support is strengthened, the downstream demand is weakened, and the future market of isooctanol is bullish

 

In the middle of September, the market of Shandong isooctanol rose slightly. The upstream propylene market rose slightly, the cost support increased, the downstream DOP market fell slightly, and the downstream demand was insufficient. According to the isooctanol analysts of the business community, the short-term domestic isooctanol market may rise slightly due to the influence of supply and demand, raw materials and other aspects.

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On September 6, the price trend of domestic phthalic anhydride market rose

According to the monitoring of the business agency, the market price trend of phthalic anhydride in China is rising. As of June 6, the quotation of phthalic anhydride is 8925 yuan / ton. The spot supply on the market is normal and the marketing situation is general.

 

The price trend of domestic phthalic anhydride market is rising, the delivery situation of phthalic anhydride market is general, the downstream demand has not changed much recently, the price trend of upstream orthobenzene is rising, the plasticizer market is slightly declining, the spot supply of phthalic anhydride in the market is normal, and the market price of phthalic anhydride is rising. Some domestic phthalic anhydride units were shut down for maintenance, the operating rate of phthalic anhydride in the field was less than 60%, the domestic spot supply of phthalic anhydride was reduced, the market price trend was mainly upward, and the downstream plasticizer industry market was slightly lower. The actual transaction was normal. The market price of phthalic anhydride in East China is rising, and the high-end transactions in the market are limited. The mainstream of the negotiation on the source of goods from neighboring France in East China is 9000-9200 yuan / ton, and the mainstream of the negotiation on the source of goods from naphthalene method is 8800-8900 yuan / ton; The mainstream quotation of phthalic anhydride market in North China is 8900-9000 yuan / ton. The wait-and-see mentality of phthalic anhydride market still exists, and the downstream is mainly purchased on demand. Recently, the market trend of adjacent benzene has risen, and it is expected that the market price of phthalic anhydride will rise in the later period.

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On September 5, the price of aluminum fluoride was temporarily stable

On September 5, the price of aluminum fluoride was temporarily stable

 

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According to the data of business agency, on September 5, the market of aluminum fluoride was temporarily stable, and the price of aluminum fluoride was temporarily stable. As of September 5, the average price of domestic aluminum fluoride was 10650 yuan / ton, which was temporarily stable compared with the price of aluminum fluoride on September 4 of the previous trading day, and 10650 yuan / ton on September 1 of the beginning of the month.

 

Key points of analysis

 

Recently, the price of hydrofluoric acid fluctuated and fell, the price of fluorite temporarily stabilized, and the cost of aluminum fluoride dropped; As the temperature drops and precipitation increases, the increase in power generation in Sichuan expires, the start-up of electrolytic aluminum enterprises resumes one after another, the price of electrolytic aluminum in the downstream fluctuates and falls, the price of cryolite is temporarily stable, and the demand for aluminum fluoride is low. Overall, the downward pressure of aluminum fluoride is high, and the upward momentum still exists.

 

Future forecast

 

The demand for cost reduction is temporarily stable, the downward pressure of aluminum fluoride is large, and the upward momentum still exists. In the future, the aluminum fluoride market is weak and stable.

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