According to statistics, the price trend of domestic p-xylene factory this week is stable, with an average price of 4300 yuan / ton at the weekend, which is temporarily stable compared with the price of 4300 yuan / ton at the beginning of the week, with a year-on-year decrease of 35.82%.

The domestic PX operating rate is about 60%. The operation of Hongrun 600000 ton new unit is stable, Huizhou refining and chemical plant is stable, fuhaichuang plant is on the first line, Pengzhou petrochemical plant is running stably, Yangzi Petrochemical PX unit is running normally, Jinling Petrochemical plant is running smoothly, Qingdao Lidong unit is operating at full load, Qilu Petrochemical plant is running stably The start-up of Urumqi petrochemical plant is about 50%, and Hainan refining and Chemical Co., Ltd. has started a production line. Hengli petrochemical plant is in normal operation, the domestic p-xylene supply is normal, and the domestic p-xylene market price trend is temporarily stable. This week, the operating rate of PX plant in Asia is about 70%, and the supply of PX in Asia is sufficient. The external price of PX will rise this week. As of the end of the week, the closing price of PX market in Asia is 608-610 USD / T FOB Korea and 626-628 USD / T CFR China. This week, the trend of PX external price is rising, more than 40% of domestic products need to be imported, and the closing price of PX external market goes up The domestic market has brought a certain positive supporting effect, and the domestic PX market price trend is temporarily stable.

The U.S. WTI crude oil futures market rose this week. As of the 18th, the settlement price of the main contract in the U.S. WTI crude oil futures market was at $49.24/barrel, and the settlement price of the main contract in the Brent crude oil futures market was at $52.26/barrel. The international oil prices of WTI and Brent both rose sharply on Thursday. Brent broke through the $50 mark, mainly due to the boost of vaccine, the market started large-scale vaccination The market hopes that the rebound in fuel demand and the news of oil well attacks in Iraq offset the negative effects of the substantial increase in commercial crude oil inventories in the United States. The rising trend of international crude oil prices is a good support for domestic petrochemical products, and the price trend of domestic p-xylene market is temporarily stable.

The price trend of downstream PTA market rose this week. As of the end of the weekend, the price of PTA Market in East China was about 3600-3700 yuan. Recently, PTA downstream orders were OK. PTA enterprises had good production enthusiasm and did not have large-scale maintenance. As of December 18, the operating load of domestic PTA production enterprises was 91%, which was at the normal level. In the atmosphere of “buy up not buy down”, weaving enterprises have certain replenishment action. Although the weaving factories are affected by the low temperature and the fabric orders in autumn and winter have recovered to a certain extent, the orders of the “double 11″ and “double 12″ shopping festival gradually entered the traditional off-season after delivery, the follow-up of new orders is weak and the continuity is poor, and the comprehensive operating rate of Jiangsu and Zhejiang looms has been reduced to below 79%. The overall market is relatively low, and the enterprise funds are relatively tight, and the demand side is still facing greater pressure, so the upstream PX price trend is mainly stable.

On the whole, the demand of textile industry has not improved significantly, the order performance is unstable, and the terminal demand is general. For upstream Px, on-demand procurement is the main factor, and the price trend of PX market is stable.

Chen Ling, PX analyst of the business agency, believes that the recent trend of crude oil price remains high, but under the trend of high inventory and difficulty in going to storage in the future, PTA supply pressure is obvious, so the overall supply and demand remain pessimistic, PTA market has the risk of weakening, domestic PX market supply is normal, it is expected that the PX market price will remain stable next week.

According to the data monitored by the business agency, this week, the domestic industrial grade first-class potassium nitrate quoted a price of 4150.00 yuan / ton, the current price rose by 1.22% month on month, and the current price was 4.60% lower than last year.

This week, the domestic market of potassium nitrate is stable, the trading atmosphere is not warm and not hot, downstream factories take more goods on demand, the inventory is relatively sufficient, the attitude of potassium nitrate manufacturers is general, and the market of potassium nitrate is fluctuating. According to the statistics of the business agency, this week, the domestic mainstream manufacturers of potassium nitrate offer 3900-4400 yuan / ton (quotation for reference only), according to different purchasing conditions, the quotation is different.

Recently, Anhui Badou Chemical Co., Ltd. quoted 2300 yuan / ton for potassium chloride distribution, which was temporarily stable, and the actual transaction price was mainly negotiated. The potassium chloride equipment of Qinghai Salt Lake Potash Fertilizer Co., Ltd. operates normally. The ex factory quotation is 2020 yuan / T, which is stable temporarily. The actual transaction price is mainly negotiated. Potassium chloride market stability, high price consolidation, can give potassium nitrate a certain cost support.

In the near future, the domestic potassium production situation is fair, the supply of goods is concentrated in large traders, and the shipment is tight. It is expected that the market of potassium nitrate will rise slightly in the short term, while the long-term market still needs to wait and see. For more details, please contact the potassium carbonate manufacturers all over the country for reference.

Yesterday (12.15) the domestic market of polymerized MDI continued to rise. According to the sample data monitored by the business agency, the current domestic market price of polymerized MDI is about 17875 yuan / ton, and all domestic MDI devices have resumed stable operation, only Shanghai Kesi device has been shut down for maintenance. In addition, in mid December, Wanhua Ningbo plant is scheduled to stop for maintenance for 25 days. In terms of market, the negotiated price of Wanhua goods in various regions is about 17800 yuan / ton, and that of Shanghai is about 17200-17400 yuan / ton. (drum self raised price including tax)

Summary of domestic aggregated MDI traders Market:

Enterprise, model, price

Linyi Santong Chemical Co., Ltd. $18000 / T

Linyi Santong Chemical Co., Ltd. Shanghai Material: 17800 yuan / T

Nanjing Tanqing Trading Co., Ltd. various models: 17000 yuan / ton

Guangzhou Boshun Chemical Co., Ltd. Wanhua material: 18000 yuan / ton

Guangzhou Boshun Chemical Co., Ltd. Shanghai Material: 17000 yuan / ton

Shandong Bosu New Material Co., Ltd. Wanhua material: 18000 yuan / ton

Shandong Bosu New Material Co., Ltd. Shanghai Material: 17800 yuan / ton

In the future, raw materials, driven by the fall of bulk commodities and styrene, the narrow range of pure benzene was explored. The prices of the main production enterprises are stable, and the small order shipment negotiation of traders is given priority to. Business Club aggregate MDI analysts predict that the short-term domestic aggregate MDI market downturn shocks.

1、 Price trend

According to the data from the business club’s bulk list, the price of toluene in the domestic market rose this week and fell slightly near the end of the week, with the price of toluene at 3722 yuan / ton on December 6 and 3860 yuan / ton on Sunday (December 13), up 138 yuan / ton or 6.58% compared with last week.

2、 Analysis and comment

At the beginning of the week, driven by the rise in the price of refined oil, the market is optimistic about the recovery of toluene price, which is expected to be better. In the second half of the week, both sides of the market offered lower bid intention, while the price of gasoline was loose, and the market wait-and-see sentiment increased. During the week, the listed price of toluene in North China and central China of Sinopec rose 150 yuan / ton, 200 yuan / ton in South China and 50 yuan / ton in East China. Port inventory is still at a high level, so the pressure of de stocking is great. Lower market weakness, drag toluene Market.

In terms of crude oil, crude oil rose rapidly after falling this week, fell back on Friday and rose overall compared with last week. The sharp increase of new epidemic cases in Europe and the United States has led to a decline in the crude oil market mentality. On Wednesday, Pfizer vaccine made new progress and prices rebounded rapidly. Compared with December 4, Brent rose 1.155 USD / barrel, or 2.36%; WTI rose 0.33 USD / barrel, or 0.71%. Compared with December 31, 2019, Brent decreased by 25.07%, and WTI decreased by 23.07%.

Downstream: in terms of TDI, the price is relatively stable this week, and the price of domestic products is 12700 yuan / ton. At present, the TDI market is weak, the atmosphere is cold, the enthusiasm of downstream inquiry is not high, and the future market is weak.

In terms of PX market, the listed price of Sinopec’s enterprises was about 4300 yuan / ton this week, which was stable compared with last week, with a year-on-year decrease of 35.82%. PX prices rose slightly this week. As of the end of the week, the Asian PX market closed at $567-569 / T FOB Korea and $585-587 / T CFR China. The rising trend of external price is expected to bring some positive support to the domestic market.

3、 Future forecast

According to toluene analyst of chemical branch of business agency: first look at the supply cost side, OPEC + production reduction implementation, total number of us oil drilling and weekly EIA, API inventory data. Second, on the demand side, the impact of the worsening global epidemic situation on crude oil demand, the progress of industrial chain recovery, the economic and trade situation of Europe and the United States and the progress of economic recovery and rescue plan. Third, look at the new progress of R & D, U.S. dollar and the situation in the Middle East. Pay attention to the late vaccine and the new progress of the US economic stimulus plan, as well as the impact of the gradual increase in OPEC + production, as well as the changes in downstream demand. At present, the toluene market is short of other favorable aspects, and the upward breakthrough resistance is large. Overall, the domestic market is expected to fluctuate in the range of toluene next week.

Originally, the international crude oil price was running at a high level, and the gasoline market was bullish, driving up the prices of domestic intermediate materials such as MTBE. The price of MTBE on December 11 was 4100 yuan / ton, up 1.23% from the price at the beginning of the week, according to the business agency.

WTI crude oil price rose 0.67% and Brent crude oil price rose 1.46%. As the weather turns cold, car travel increases, the demand for gasoline market is supported, and the international oil price is bullish, the demand for terminal market is increasing. Downstream of MTBE and other intermediate materials purchase intention is positive, MTBE manufacturers actively push up, market transaction atmosphere is good. In addition, the overall operating load of domestic MTBE units is at a low level, and the supply of MTBE market is tight. On the whole, the rising prices of crude oil and gasoline drive up the domestic MTBE prices.

According to the MTBE product analyst of energy branch of business agency, the international crude oil price has reached a high level, the demand of gasoline market has maintained rigid demand, and the gasoline market price lacks sustained action force. It is expected that domestic MTBE price will be stable in the short term.

According to statistics, the price trend of domestic ammonium nitrate remained high this week. As of the end of the week, the domestic market price of ammonium nitrate was 2840 yuan / ton, which was equal to the price of 2840 yuan / ton at the beginning of the week, with a year-on-year increase of 27.16%. The commodity index of ammonium nitrate on December 10 was 149.47, which was the same as yesterday, decreased by 2.07% from 152.63 (2020-11-24), and increased by 93.19% from 77.37, the lowest point on October 31, 2016. (Note: period refers to 2013-02-01 to now).

This week, the price trend of domestic ammonium nitrate Market was temporarily stable. The domestic ammonium nitrate manufacturers started normal operation, and the supply of ammonium nitrate in the field was sufficient. Some manufacturers reported that the goods taking situation was general, and the price trend of manufacturers remained high. Recently, the supply of goods in the field was normal, the transportation was normal, and the market price trend of ammonium nitrate was stable. Recently, the market of ammonium nitrate manufacturers is normal, downstream procurement is on demand, domestic ammonium nitrate manufacturers start normal, and the prices of some manufacturers have dropped slightly. Up to now, the mainstream of negotiation in Shaanxi is 2300-2500 yuan / ton, that in Shandong is 2200-2300 yuan / ton, and that in Hebei is 3000-3300 yuan / ton.

This week, the domestic price of concentrated nitric acid rose sharply, with the weekend price of 2150 yuan / ton, and this week’s trend increased by 13.16%. Jiangsu Hongze Yinzhu Chemical Co., Ltd. quoted 2200 yuan / ton; Anhui Jinhe quoted 2100 yuan / T; Shandong helitai quoted 2200 yuan / T. The quotation of Wenshui synthetic chemical industry is 1830 yuan / ton. In recent years, the domestic maintenance units have been running normally, the supply of concentrated nitric acid market is normal, and the on-site goods taking situation has improved. The price trend of nitric acid in the field has risen sharply. The high price of nitric acid is a good support for the market of ammonium nitrate, and the price trend of ammonium nitrate market remains high.

The price of upstream liquid ammonia rose this week, with the weekend price of 3216.67 yuan / ton, up 0.54% compared with 3200 yuan / ton at the beginning of the week. The liquid ammonia plant started normal operation, the spot supply was slightly tight, and the price trend of liquid ammonia market rose sharply. From the basic point of view, the supply and demand of liquid ammonia market is mainly balanced, and some manufacturers’ devices are running stably. It is expected that the ammonia supply will be balanced in the short term. Therefore, it is expected that the price trend of domestic liquid ammonia market will rise in the near future. Due to the production restriction in some regions such as Shanxi, the operating rate will drop, and the supply will bring some support. From the downstream point of view, in the current off-season of agricultural fertilizer, the terminal does not take delivery of goods, and there is no market in many places, which makes the rising trend of liquid ammonia difficult to maintain. The upstream prices have risen this week, and the market price trend of ammonium nitrate remains high.

Recently, the demand of the downstream civil explosive industry is normal. In addition, the production and sales of nitro compound fertilizer are normal, and the price trend of raw material market is rising. However, the spot supply of ammonium nitrate is general, which has a certain positive support for the ammonium nitrate Market. The ammonium nitrate analysts of the business community believe that the market price of ammonium nitrate may remain volatile in the future.

According to the data monitoring of business agency, as of December 10, the reference average price of 30% grade phosphate ore in mainstream areas of China was around 390 yuan / ton, which was the same as a week ago; compared with December 1, the average price was increased by 4 yuan / ton, or 0.86%; compared with November 1, the average price was increased by 4 yuan / ton, with an increase of 0.86%.

The low-end quotation of Da stable and small movable phosphate ore is up slightly

In the first ten days of December, China’s domestic phosphate ore market was stable and slightly upward. At the beginning of the month, the market was mainly in operation. Until July 7, some low-priced phosphate ores in Guizhou Province made a small increase in the ex factory price of 30% grade phosphate ore, with an increase range of 10-20 yuan / ton. The price concentration was close to the high level, and the difference between high and low prices was reduced. Most of the rest of the region phosphate ore market continued to operate stably.

At present, as of December 10, Guizhou Province: 30% grade phosphate ore car plate quotation reference 320-360 yuan / ton, the low-end price rose 20 yuan / ton compared with the beginning of December, 28% grade phosphate ore vehicle plate quotation reference 280-320 yuan / ton, Guizhou Xifeng phosphate ore mainly supplies 30% quality phosphate rock, at present, the phosphate mine continues to operate, the enterprise 30% phosphate rock car plate price 350 yuan / ton, the price continues to maintain stability until the end of the year 。 Guizhou Kaiyang Guanglong mining 30% grade phosphate rock freight plant quoted 320 yuan / ton, the price increased by 10 yuan / ton compared with the beginning of the month. In Guangxi, the quotation of 28% phosphate rock pallet is 290-310 yuan / ton, and that of 30% phosphate rock is 330-350 yuan / ton.

In the downstream, from the beginning of December, although the electricity price in December in Yunnan increased by 1-2 points compared with that in November, the increase was not large, which was difficult to support the yellow phosphorus market price. At present, the yellow phosphorus market starts at a high level, and the quotation of yellow phosphorus enterprises in the field has been adjusted. The demand of downstream phosphoric acid market is poor, and the overall market trading atmosphere is general. Up to now, the mainstream price of Yunnan yellow phosphorus is about 15800 yuan / ton. The mainstream quotation in Sichuan is about 15800 yuan / ton. The mainstream price of Guizhou yellow phosphorus is about 15500 yuan / ton. The overall market is light, mainly traders wait and see.

Start low and maintain stable operation at the end of the year

At present, the year 2020 is coming to an end. The overall market of domestic phosphate ore is weak, the downstream demand is general, and the mine starts at a low level. The phosphorus ore Data Engineer of the business society predicts that by the end of 2020, China’s domestic phosphate ore market will be stable and the overall operation will be dominated.

Environmental problems will affect the demand of PS raw materials

Driven by healthy demand and declining production in the fourth quarter of 2020, the PS market is expected to experience tight supply in early 2021. However, uncertainty about the impact of the new coronavirus pandemic, new capacity in Asia and concerns about the environment may further put pressure on the market.

Consumer goods are the key to PS growth in Asia

Driven by the demand of China’s end users, the Asian PS market will begin to recover in the second half of 2020. China’s supply and demand dynamics will largely determine the market direction in 2021. The production capacity of consumer products will continue to grow, and the demand will maintain a good trend.

Under the control of Xinguan epidemic in China, more and more orders from other regions have been received by PS end users, which is mainly due to the strong growth of the refrigerator industry, which is expected to continue.

In addition, the soaring price of ABS may also lead to the increase of PS demand. According to global Proctor energy information data, the premium of CFR China ABS spot price over hips in November was about $600 / T, far higher than the premium range of $250-300 / T in the first half of 2020. As the price gap widens, sources expect more buyers to switch to PS to save costs, which will cause a shortage of supply.

However, given the great uncertainty of the current epidemic, further demand growth, both domestic and export, will depend on the global economic recovery.

With higher profit margins, producers will continue to produce at high opening rates. However, supply constraints are unlikely to ease in the first half of 2021 due to excess orders and the production line of DENKA Singapore of 200000 tons / year shut down in February.

It is estimated that 1 million tons / year of new production capacity will be put on line in 2021, including 300 thousand tons / year unit of SP chemicals and 400000 tons / year of Zhejiang Yisu Plastic Co., Ltd., but there is also the possibility of construction delay, which may limit supply growth and support the Asian market in the short term.

US economic growth novel coronavirus pneumonia

The decrease of supply and the rise of upstream price indicate that the US PS market will usher in a strong start in the first half of 2021. The closing of a production line in the fourth quarter led to tight supply, coupled with higher seasonal demand, which ended in 2020. Novel coronavirus pneumonia is expected to face some obstacles despite its support factors, but due to the uncertainty of the recovery of the new crown pneumonia epidemic. The virus has a considerable impact on the economic growth of the United States, which is closely related to the demand for PS, because the slowdown of economic growth leads to the decline of consumption capacity, and consumer goods are the main application areas of PS.

On the positive side, if the styrene and benzene markets are more balanced as expected, U.S. producers are expected to see costs fall in the first quarter of 2021. In addition, the sources expect that the new styrene capacity in Asia will lower the price, which will help to reduce the production cost of PS.

According to the source, before the pandemic, PS market demand is expected to grow by 1.5-2%,. The contraction in supply caused by a US producer shutting down its next line will have a nominal impact.

“It is likely to affect only a few spot transactions that are already minimal,” the source said. It is more likely that PS pricing will continue to follow the seasonal demand of the upstream market. ”

Looking forward to the future, renewable and circular economy will continue to play a role on the basis of PS. Manufacturers in the United States and Europe will continue to vigorously promote the production of recycled materials.

European manufacturers want to add PS recycling solutions

As for the European PS market, it is expected that the opening of the first half of 2021 will be similar to that at the end of 2020.

In the past few years, the market interest in recycled materials has continued to grow, resulting in a decline in the demand for PS raw materials. But in 2020, the demand for white goods and online distribution will rise sharply, which will be greatly alleviated.

Recycling solutions will continue to be an important investment attraction for the market as public awareness of environmental issues continues to increase and the EU’s forthcoming one-off plastic ban will continue to drive demand for PS raw materials.

Tight supply at the end of 2020 supported prices, and the runaway demand in Asia in the fourth quarter led to a sharp rise in prices. Buyers in the market argue that tight supply will not last for a long time, attributing the situation at the end of 2020 to a number of plant overhauls and subsequent reductions in operating rates.

Exports are becoming a bigger target for European sellers and the market is likely to tighten further, with orders for hips in Asia reaching thousands of tons a month in 2021, according to one producer.

1、 Price trend

The price of calcium carbide in Northwest China rose this week. At the end of last year, the average price of calcium carbide increased from 372.00 yuan / week to 372.00 yuan / week. Overall, this week’s calcium carbide market rose, December 4 carbide commodity index was 98.52.

2、 Trend analysis

According to the manufacturer’s quotation, the price of calcium carbide in Northwest China will rise this week: the price of carbide from oviganeng is 3730 yuan / ton at the end of this week, which is 30 yuan / ton higher than that at the beginning of the week; the price of carbide in Inner Mongolia and China Union is 3900 yuan / ton, which is 150 yuan / ton higher than that at the beginning of the week; the price of calcium carbide in Xingping of Ningxia is 3650 yuan / ton this weekend, which is 50 yuan / ton higher than that at the beginning of the week.

Overall, the actual transaction price of calcium carbide in Northwest China is about 3600-3900 yuan / ton this weekend: the mainstream transaction price of calcium carbide in Shaanxi is about 3700 yuan / ton; the mainstream transaction price of calcium carbide in Ningxia is about 3600 yuan / ton; the mainstream transaction price of calcium carbide in Inner Mongolia is about 3900 yuan / ton, and the actual transaction price is mainly through negotiation.

From the calcium carbide upstream and downstream industry chain, upstream raw material market, orchid charcoal factory quotation rose this week. At the end of this week, the quotation of small materials is 780 yuan / ton, which is 80 yuan / ton higher than that at the beginning of the week; the quotation of medium materials is 830 yuan / ton at the end of this week, which is 100 yuan / ton higher than that at the beginning of the week; the quotation of large materials is 850 yuan / ton at the end of this week, which is 100 yuan / ton higher than that at the beginning of the week. Upstream raw material prices rose, cost support is good, which has a positive impact on calcium carbide price.

Downstream market, PVC factory price rise this week. PVC price increased by 3.76% from 7987.50 yuan / ton at the beginning of the week to 8287.50 yuan / ton at the end of the week. Compared with the same period last year, it increased by 16.60%. PVC prices rose this week, the market is good, downstream of calcium carbide purchasing enthusiasm increased, overall, PVC market this week has a positive impact on calcium carbide prices.

3、 Future forecast

In the first ten days of December, calcium carbide market fluctuated slightly and rose mainly. The price of raw materials in the upstream rose slightly, which supported the price of calcium carbide better. The downstream PVC market rose sharply, and the downstream customers had a good enthusiasm for purchasing calcium carbide. Later, it is predicted that the price of calcium carbide in Northwest China will rise slightly in mid and early December.

According to the monitoring data of the business agency, as of December 07, the average ex factory price of domestic n-butanol was 9066 yuan / ton. Compared with the previous day, the average price of domestic n-butanol decreased by 133 yuan / ton, or 1.45%; compared with December 1, the average price of domestic n-butanol was reduced by 33 yuan / ton, or 0.37%. Compared with November 1, the average price increased by 2654 yuan / ton, or 37.72%.

The market of n-butanol soared by 38.23% in November

In the first ten days of November, the domestic market of n-butanol showed a weak trend for several days. During this period, some factories slightly reduced the ex factory quotation of n-butanol. After the end of the first ten days, n-butanol downstream butyl alcohol users entered the market to replenish goods from September to October. Due to the shortage of spot supply of n-butanol, the price of n-butanol factory began to rise, with an increase range of 200-400 yuan / ton. Then in the middle and late ten days, the market of n-butanol entered a wide upward channel, and the maximum daily increase was around 500 yuan / ton. Until the 26th, the price of n-butanol rose to the highest in November, and the average ex factory price of domestic n-butanol was referred to 9100 yuan / T, and then the overall market was stable near the end of the month. By the end of the 30th, the average ex factory price of domestic n-butanol was 9100 yuan / ton, up 2517 yuan / ton, or 38.23% per month, compared with November 1.

At the beginning of December, n-butanol fell slightly in high-level turbulence

On the first two days of December, the domestic n-butanol market as a whole continued to operate at a high and stable level. The factory inventory was low, and a small amount of spot goods were mainly used for old customers. The downstream just needed to purchase. On March 3 and 4, the market price of some n-butanol in Shandong increased by 200-400 yuan / T, and the low-end market was close to the high-end. On the 4th, a leading factory in Shandong Province lowered the mainstream price of n-butanol by 200 yuan / ton. On the 7th, some high quotation factories lowered the ex factory quotation of n-butanol again by 100-200 yuan / ton. At present, the market is in a downward trend.

As of December 07, the average ex factory price of domestic n-butanol was 9066 yuan / ton, which was 133 yuan / ton lower than the previous day, or 1.45% lower; compared with December 1, the average price of domestic n-butanol decreased by 33 yuan / ton, or 0.37%. Compared with November 1, the average price increased by 2654 yuan / ton, or 37.72%.

Upstream, on December 4, the propylene market price in Shandong region rose slightly. According to the price chart of business agency, the price of propylene rose continuously in late November, increasing by more than 12%. At the end of the month, the price remained stable again. On the fourth day, some of them went up. At present, the market transaction is still between 7550 yuan / ton and 7900 yuan / ton, and the mainstream price is between 7650 yuan / ton and 7700 yuan / ton. Now the factory stock is small, the shipment situation is good.

In terms of crude oil, on December 4, the price of WTI crude oil futures market in the United States rose, with the settlement price of main contracts at $46.26/barrel, up $0.62. Brent crude oil futures market prices rose, the main contract settlement price to 49.25 U.S. dollars / barrel, up 0.54 dollars. Oil prices continued to rise on Friday, mainly due to rising expectations of the US stimulus plan and vaccines.

Weak supply and demand support, short-term hard demand transactions

At present, n-butanol market new single negotiation atmosphere is general, the primary market spot inventory is low. The supply side of the market is flat, and the downstream buyers tend to weaken, so they can buy as soon as they are used, and they are cautious in hoarding. It is expected that the n-butanol market will just need to be closed in the short term, and the negotiation may be on the low side, and the overall fluctuation space of the market will be limited.