1、 Price trend

According to the price monitoring of the business agency, on June 19, the average price of the mainstream manufacturers of refrigerant R22 was 15600 yuan / ton, which was flat compared with the beginning of the week (15 days), up 5.17% compared with the beginning of June, down 14.13% compared with the same period last year. This week, the market of refrigerant R22 operated smoothly.

2、 Market analysis

R22 market in refrigerant market is stable this week. Hydrofluoric acid market at the raw material end is temporarily stable, chloroform market is rising, cost end is strongly supported, due to quota reduction factors, the refrigerant manufacturer’s strong price psychology is still the same, there is no looseness to speak of. Due to the rapid rise of R22 in the early stage, the downstream still needs time to accept, the price is stable in the short term, and the future market is better. According to the price monitoring of the business agency, as of June 19, the average price of refrigerant R22 was around 15600 yuan / ton, and the market price was mostly around 15000 yuan / ton – 16500 yuan / ton, with little change.

Upstream, on June 19, the mainstream price of domestic anhydrous hydrofluoric acid manufacturers was 8000-9000 yuan / ton. The ex factory price of domestic hydrofluoric acid manufacturers was temporarily stable. The operation rate of domestic hydrofluoric acid manufacturers was average, the supply of goods in the field was normal, driven by the rising price of fluorite, but the demand of downstream refrigerant industry was poor, and the on-demand procurement in the field was the main thing. It is expected that the on-site price will continue to rise slightly in the later period. The market price of methane chloride in Shandong Province has been raised. The main quotation of dichloromethane market is 2150-2300 yuan / ton, and that of trichloromethane market is about 1850-1900 yuan / ton. It is expected to be adjusted in a short term.

3、 Future forecast

According to the refrigerant analyst of the business club, due to the rapid rise of R22 in the early stage, it still needs time for the downstream to accept, and it is expected that the price will be stable in the short term, and the future market will be better.

1、 Price trend chart of nitric acid Market

Nitric acid price curve

According to the monitoring of business agency, the average price of nitric acid in East China this week is 1450 yuan / ton, and the quotation is stable temporarily.

2、 Market analysis

This week, the price of concentrated nitric acid remained stable, and the prices of various manufacturers were increased. The price of Hongze Yinzhu Chemical Co., Ltd. in Jiangsu Province was 1250-1300 yuan / ton, which was the same as that of last week; the price of Wenshui Synthetic Chemical Co., Ltd. was 1580 yuan / ton, which was the same as that of last week; Anhui Jinhe Chemical Co., Ltd. was 1350-1400 yuan / ton, which was 50 yuan / ton higher than that of last week; Shandong helitai Chemical Co., Ltd. was 1700 yuan / ton, which was the same as that of last week; nitric acid Low output and increased market demand support the price of nitric acid.

According to the monitoring of the business agency, the upstream liquid ammonia rose about 1.61% this week, boosting the price of nitric acid; the downstream aniline, the price of aniline this week was stable compared with last week, on June 19, the price of aniline in Shandong was 4500-4590 yuan / ton, and the price of aniline in East China was 4600-4820 yuan / ton; the downstream TDI, the average market price in East China in this week was 11500.00 yuan / ton, up 0.58% compared with last weekend’s 11433.33 yuan / ton, It was 8.49% lower than last year.

3、 Future forecast

Nitric acid analyst of business agency predicted that the demand of nitric acid market had improved and the price might rise.

According to the data monitored by the business association, as of June 19, the price of pet water bottle manufacturers was 5716.67 yuan / ton, down 1.72% compared with the same period last week. This week, pet declined slightly, but the overall trend is stable. At present, the mainstream price range is 5700-5800 yuan / ton.

This week, the domestic pet market is in weak and stable operation, normal shipment, tight spot supply, general market transaction atmosphere, strong wait-and-see atmosphere in the industry, just need to purchase in the downstream, the mainstream negotiation price in South China is 5550-5650 yuan / ton, the mainstream negotiation price in East China is around 5550-5650 yuan / ton, and the current price of Xiamen Tenglong is 5800, RMB 5750 / T for Guangdong Taibao, RMB 5800 / T for Zhuhai China Resources, RMB 5700 / T for Zhejiang wankai, and RMB 5700 / T for Yizheng Chemical fiber.

PTA operation of raw materials was stable. Some enterprises carried out maintenance from June to July, among which yishengshi and Hanbang Petrochemical carried out maintenance from June to August. The date of resumption of work was uncertain, the operating rate was declining, the inventory pressure was relieved, and the polyester bottle market was well supported.

On June 18, the pet commodity index was 42.98, down 0.75 points from yesterday, 58.58% from 103.76 (2011-09-22), the highest point in the cycle, and 12.07% higher than 38.35, the lowest point on April 6, 2020. (Note: cycle refers to 2011-09-01 to now)

Pet analysts believe that: in the short term, the polyester bottle market is stable, with stable cost support. (the above prices are provided by PET major manufacturers all over the country and sorted out and analyzed by PET analysts in business, for reference only. For more details, please contact relevant manufacturers for consultation)

1、 Price trend

According to the data of the business club’s large scale list, the price of pure benzene on June 7 was 3550-3850 yuan / ton (average price 3660 yuan / ton); the price of pure benzene on Sunday (June 14) was 3700-3850 yuan / ton (average price 3750 yuan / ton), up 90 yuan / ton, or 2.46% from last week.

2、 Analysis and comment

This week, Sinopec adjusted the price of pure benzene to 200 yuan / ton, reducing the price gap between the inside and the outside, and strengthening the market bottom. This week, pure benzene port inventory still rose, but the increase decreased. In the week, the price of pure benzene strengthened, but the downstream market was weak, and the actual market turnover was weak.

On Friday (June 12), South Korea imported 426.33 US dollars / ton of pure benzene, down 3 US dollars / ton, or 0.7% from June 5; East China imported 440 US dollars / ton of pure benzene, up 5 US dollars / ton, or 1.15% from June 5. This week’s outside market is lack of good, support is weak.

OPEC and its production reduction allies will extend the current production reduction agreement for one month to improve oil prices. But the impact of public health events in the United States increased, offsetting the positive effects of production cuts, and the international oil price fell sharply this week. Brent fell $2.36, or 5.76%, this week from June 5, while WTI fell $3.29, or 8.27%. Compared with December 31, 2019, Brent decreased by 42.13% and WTI by 39.92%

Downstream, styrene market prices fell slightly this week. In the short term, it is difficult to change the situation of oversupply. In addition, the main stock is high, and styrene is weak. On June 12, the price of styrene in Shandong Province was 5550 yuan / ton, down 33.33 yuan / ton, or 0.6% from last week.

Aniline inventory released, the price slightly increased by 100 yuan / ton. On June 12, the price of aniline was 4500-4590 yuan / ton in Shandong and 4600-4820 yuan / ton in Nanjing.

3、 Future forecast

Next week, the crude oil market will continue to focus on production reduction and public health events. Styrene, the downstream with the largest demand for pure benzene, was negative news. There are still more ships arriving at the port next week. Styrene rose weakly, and the pure benzene industry mentality weakened. It is expected that the trend of pure benzene will slightly decrease.

According to statistics, the price trend of ammonium nitrate in China fell slightly this week. By the end of the week, the market price of ammonium nitrate in China was 2310 yuan / ton, down 0.86% from 2330 yuan / ton at the beginning of the week, up 17.46% year on year. On June 11, the ammonium nitrate commodity index was 122.63, unchanged from yesterday, down 2.10% from 125.26 (2020-03-15), the highest point in the cycle, and up 58.50% from 77.37, the lowest point on October 31, 2016. (Note: cycle refers to 2013-02-01 to now).

This week, the price trend of the domestic ammonium nitrate Market slightly declined. The domestic ammonium nitrate manufacturer’s unit operation was normal. The supply of ammonium nitrate in the field was normal. Some manufacturers reported that the delivery was slightly poor. The price trend of the manufacturer slightly declined. In the near future, the supply of goods in the field was normal, the transportation was normal, and the market price of ammonium nitrate was slightly lower. In the near future, the market of ammonium nitrate manufacturer’s shipment is normal, the downstream purchase is on demand, the domestic ammonium nitrate manufacturer’s operation is normal, some manufacturers reduce the factory price, and the market price of ammonium nitrate is slightly lower. Up to now, the mainstream of negotiation in Shaanxi is 2100-2200 yuan / ton, that in Shandong is 2000-2200 yuan / ton, and that in Hebei is 2400-2700 yuan / ton.

This week, the price trend of concentrated nitric acid in China rose slightly, with the weekend price of 1450 yuan / ton, and this week’s price trend rose 1.16%. Jiangsu Hongze Yinzhu Chemical Co., Ltd. offers 1350 yuan / ton; Anhui Jinhe offers 1400 yuan / ton; Shandong helitai offers 1700 yuan / ton. Anhui Aodeli offers 1400 yuan / ton; Wenshui County synthetic chemical offers 1580 yuan / ton. In the near future, the operation of domestic maintenance devices is normal, the supply of concentrated nitric acid market is normal, and the situation of goods delivery in the field is general. The price of some manufacturers has increased by 50 yuan / ton, and the price trend of nitric acid market has slightly increased. The high price of nitric acid is the good influence of ammonium nitrate Market, and the price drop of ammonium nitrate Market is limited.

The price trend of upstream liquid ammonia this week is temporarily stable. In June, the price of liquid ammonia kept a narrow range of shocks, and the adjustment range was 50-100 yuan / ton. The start-up of liquid ammonia plant is normal, the spot supply is normal, and the market price of liquid ammonia is stable. However, the peak season of fertilizer use has passed, and the downstream demand has not been significantly improved, unable to continue to drive the rise of liquid ammonia Market. The procurement efforts of downstream nitrogen fertilizer manufacturers have slowed down significantly, most of which are based on demand procurement. At present, the overall supply and demand of the market is in a balanced stage, and the price trend of liquid ammonia market is stable. According to the monitoring of the business agency, the current quotation of liquid ammonia in the northern region is about 2700-2800 yuan / ton, and the price trend of upstream raw materials is temporarily stable, but the downstream demand is not significantly improved, and the price trend of ammonium nitrate Market is slightly down.

In the near future, the demand of the downstream civil explosive industry is limited. In addition, the production and sales of nitro compound fertilizer are general. The market price trend of raw materials is temporarily stable, which has certain cost support for the ammonium nitrate Market. The ammonium nitrate analyst of the business association thinks that the market price of ammonium nitrate may be temporarily stable in the later period.

1、 Price trend

According to the data of the large scale list of business agencies, the domestic xylene market price rose this week. As of Friday, the domestic average price was about 3750 yuan / ton, up 3.02% month on week.

2、 Analysis and comment

At present, the market demand has improved and the transaction is fair. Influenced by the overall trend of fluctuating rise of international crude oil this week, the domestic xylene price is rising this week. At present, the mainstream price in East China is about 3770 yuan / ton.

Upstream, crude oil, data released this week show that OPEC + actively implemented the production reduction agreement in May, and Saudi Arabia and Russia have reached a preliminary agreement to extend the current record production reduction by one month, which, combined with the global economic restart, boosted the recovery of demand and boosted the international oil price this week. As of early Friday morning, spot Brent rose 9.69%, Brent futures rose 10.28%, WTI futures rose 5.25%, and Dubai futures rose 14.49%.

Downstream, in PX market, this week, domestic Sinopec’s listed price is about 4100 yuan / ton, and the latest price on the outside market is about 486 US dollars / ton for FOB South Korea and 506 US dollars / ton for CFR China. It is expected that the market price of PX will follow the rise in the short term. In terms of PTA market, the price of domestic PTA spot market is about 3650 yuan / ton, and the price of external market is about 430 US dollars / ton CFR China. It is expected that PTA price will be stable next week. In the ox market, Sinopec’s price of o-benzene is stable, at 4200 yuan / ton, and the external price of o-benzene is about 495 US dollars / ton FOB South Korea. It is expected that the price of o-benzene will follow the rise next week.

3、 Future forecast

According to xylene analyst of business and chemical branch, in the short term, we can see the supply cost side, OPEC + production reduction, total number of us oil drilling and EIA inventory. In the medium term, we can see the demand side, the economic and trade situation between China and the United States, the progress of economic restart in Europe and the United States, and the progress of industrial chain recovery. Next week, we will focus on the trend of crude oil. Overall, we expect xylene prices in the domestic market to adjust next week.

1、 Price trend

This week, the ex factory price of carbide in Northwest China was temporarily stable. This week, the average ex factory price of main carbide manufacturers was 2677.50 yuan / ton, up 5.00% year on year. Overall, this week’s carbide market is temporarily stable, with the carbide commodity index at 70.15 on June 5.

2、 Trend analysis

From the manufacturer’s quotation, the ex factory price of calcium carbide in Northwest China is temporarily stable this week: oveganeng’s quotation of calcium carbide in this week is 2605 yuan / ton, which is temporarily stable compared with the beginning of the week; Shaanxi coal industry’s quotation of calcium carbide in this week is 2550 yuan / ton, which is temporarily stable compared with the beginning of the week; Inner Mongolia China United’s quotation of calcium carbide in this week is 2760 yuan / ton, which is temporarily stable compared with the beginning of the week; Ningxia Xingping’s quotation of calcium carbide in this week is 2750 yuan/ Tons, compared with the beginning of the week, the offer is temporarily stable.

On the whole, the actual transaction price of carbide in Northwest China is about 2500-2700 yuan / ton this weekend: the mainstream transaction price of carbide in Shaanxi is about 2500-2600 yuan / ton; the mainstream transaction price of carbide in Ningxia is about 2700 yuan / ton; the mainstream transaction price of carbide in Inner Mongolia is about 2700 yuan / ton, and the actual transaction price is mainly negotiated.

From the perspective of the upstream and downstream industrial chain of calcium carbide, the price of raw materials in the upstream market is temporarily stable this week. At present, the quotation of small materials is 530 yuan / ton, that of medium materials is 550 yuan / ton, and that of large materials is about 660 yuan / ton. The price of raw materials in the upstream is slightly higher than that in last week, and the cost is slightly supported, which has a positive impact on the price of calcium carbide.

Downstream market, PVC factory prices rose this week. PVC price rose from 6112.50 yuan / ton at the beginning of the week to 6337.50 yuan / ton at the end of the week, up 3.68%, down 6.11% year on year. PVC price rose this week, the market continued to rise, and the downstream procurement enthusiasm for calcium carbide was also high. As a whole, PVC market this week had a positive impact on the price of calcium carbide.

3、 Future forecast

In the middle of June, the market of calcium carbide rose slightly. The price of raw materials in the upper reaches rose slightly, supporting the price of calcium carbide slightly, and PVC market in the lower reaches continued to rise, and customers in the lower reaches were more active in purchasing calcium carbide. The aftermarket forecasts that the price of calcium carbide in the middle of June in Northwest China will rise slightly in shock.

1、 Price trend

According to the monitoring data of the business agency, the average ex factory price of ammonium sulfate in China was 581 yuan / ton on June 1, 576 yuan / ton on June 5, and the price fell 0.86% this week.

On June 5, the ammonium sulfate commodity index was 48.26, unchanged from yesterday, 54.59% lower than the highest point 106.28 (2012-05-24), and 31.68% higher than the lowest point 36.65 on June 23, 2014. (Note: cycle refers to 2011-09-01 to now)

2、 Market analysis

The price of ammonium sulfate in China fell slightly this week due to weak demand and poor trading. About 490-650 yuan / ton for mainstream ammonium sulfate in Central China, 500-560 yuan / ton for mainstream ammonium sulfate in Henan, 470-630 yuan / ton for mainstream ammonium sulfate in Hebei, 520-590 yuan / ton for mainstream ammonium sulfate in Shandong, 500-650 yuan / ton for main ammonium sulfate outflow in East China, 470-650 yuan / ton for mainstream ammonium sulfate in North China, and 470-650 yuan / ton for Northeast China The factory quotation of ammonium sulfate mainstream is 520-650 yuan / ton.

This week, the market of downstream compound fertilizer enterprises is still sluggish, and there is no significant change in demand. Corn fertilizer started to be used, but the demand was limited. The price of compound fertilizer raw materials is poor, and the cost support is limited. The compound fertilizer enterprises hold a wait-and-see attitude and will operate weakly and stably in the short term.

3、 Future forecast

Analysts of ammonium sulphate of business association think that at present, the trading of coking grade ammonium sulphate is not good, the demand is reduced, and the market is weak. The weakness of domestic ammonium sulfate continues, the market is not optimistic, and the price is stable and down. It is expected that the price of ammonium sulfate will fluctuate slightly in the short term.

1、 Price trend

According to the data of the large scale list of business agencies, the domestic xylene market price trend this week was stable. As of Friday, the domestic average price was about 3640 yuan / ton, up 0.55% on last week.

2、 Analysis and comment

1. Product: at present, the market demand has improved, and the transaction is fair. This week, the international crude oil overall showed a small fluctuation trend. Affected by this, the domestic xylene price rose steadily and slightly this week. At present, the mainstream price in East China is around 3680 yuan / ton.

2. Industrial chain:

Upstream, in terms of crude oil, with the new opening of the main economic weight and the initial signs of rising gasoline demand in the United States, Russia indicated its willingness to extend the production reduction. However, the unexpected increase in U.S. crude oil inventory announced this week, as well as investors’ concerns about the tension in Global trade relations, led to the overall trend of international crude oil shocks this week. At present, the international oil price shows signs of resistance near its high in the past two months, so as to prevent the trend of fluctuation and fall that may occur at any time. As of early Friday morning, spot Brent rose 1.28%, Brent futures slightly fell 0.14%, WTI futures rose 2.44%, and Dubai futures rose 2%.

Downstream, in PX market, this week, domestic Sinopec’s listed price is about 4100 yuan / ton, and the latest price on the outside market is about $456 / ton for FOB South Korea and $476 / ton for CFR China. It is expected that the market price of PX will be stable in the short term. In terms of PTA market, the spot market price of PTA in China is about 3550 yuan / ton, and the external market price is about 430 US dollars / ton CFR China. It is expected that PTA price will be stable next week. In the ox market, Sinopec’s price of o-benzene rose, with the price at 4200 yuan / ton. The external price of o-benzene is about 472 US dollars / ton FOB South Korea. It is expected that the price of o-benzene will be stable next week.

3、 Future forecast

According to xylene analyst of business and chemical branch, in the short term, we can see the supply cost side, OPEC + production reduction, total number of us oil drilling and EIA inventory. In the medium term, we can see the demand side, the economic and trade situation between China and the United States, the progress of economic restart in Europe and the United States, and the progress of industrial chain recovery. Next week, we will focus on the trend of crude oil. Overall, we expect xylene prices in the domestic market to adjust next week.

In May, the gasoline market demand increased and the gasoline price rose. According to the price monitoring of the business agency, the gasoline price at the end of May was 4893 yuan / ton, up 4.30% from 4691 yuan / ton at the beginning of the month. In May, domestic automobile travel returned to normality, gasoline demand returned to normality. In addition, the weather turned hot, automobile oil consumption increased, the main foreign procurement and downstream replenishment increased. In addition, under the influence of the buying atmosphere, traders’ stock operations also increased, and gasoline demand overall improved. At the same time, gasoline exports increased, easing the supply pressure of the gasoline market. In April, China’s gasoline exports were 1.9 million tons, up 62.39% year on year.

In contrast, the diesel market is only supported by rigid demand, and the price of diesel has declined slightly. According to the price monitoring of the business agency, the diesel price at the end of May was 4932 yuan / ton, down 3.66% from 5119 yuan / ton at the beginning of the month. In summer, the temperature rises, outdoor operation is limited, and the fishing off period is keyed in along the coast. The wheat harvest has not yet started, and the diesel demand has entered a short-term low. It is only supported by rigid demand such as engineering, infrastructure, logistics and transportation, and the downstream customers are not willing to replenish. The decrease of diesel export affected the rise of diesel price. In April, China’s diesel export volume was 2.57 million tons, down 9.19% month on month, down 1.1% year on year.

The sharp rise of international oil price did not cause the sharp rise of gasoline and diesel prices. On May 28, WTI crude oil price was US $33.71/barrel, up 70.42% compared with the beginning of the month, but it did not guide the price of gasoline and diesel to rise sharply. The main market was due to the serious depression of crude oil price in the early stage, and the recovery of low-level crude oil after OPEC + implemented production reduction in May was obvious. At the same time, the international oil price is lower than $40 / barrel, which is below the floor price limit of refined oil. The decline of gasoline and diesel prices in the early stage is much smaller than that of international crude oil.

At present, there are many negative factors such as the increase of crude oil inventory in the United States and the reduction of production in Russia. In the next half month, the international oil price may turn down again. International oil prices will continue to operate at $40 / barrel. It is expected that the domestic gasoline and diesel prices will continue to rise and face challenges. In June, the gasoline and diesel prices will be stable, moderate and downward.