Hottest chemical market analysis this week and che

This week's chemical market analysis and next week's chemical market forecast

1, international market

a, toluene, xylene, pure benzene

pure benzene: the spot price was strong at the beginning of this week, and the shipping price rose from $10/ton to $per ton in November and December (FOB Korea, equivalent to 9736 yuan/ton). The bullish crude oil price supported the price of pure benzene in Asia, but the weak market of pure benzene in the United States limited the price increase. At the weekend, with the decline of crude oil prices, the price of pure benzene in Asia fell by $10/ton to $905/ton (FOB South Korea, equivalent to RMB 9141/ton)

toluene: driven by the recovery of downstream demand, the spot price of toluene closed higher by $10/ton to $785/ton this week (FOB South Korea, equivalent to RMB 7929/ton)

solvent xylene: this week, the price of solvent xylene closed higher by $20/ton to $790/ton (FOB Korea, equivalent to RMB 7979/ton) due to stable downstream demand and tight resource supply

b, styrene: affected by the tight supply of resources, the spot price of styrene closed up by $40/ton to $1250/ton this week (FOB South Korea, equivalent to RMB 12513/ton). C. Ethylene glycol, diethylene glycol:

ethylene glycol: driven by increased purchase interest, reduced resource supply and speculation by traders, MEG spot price rose by $10/to $850/ton this week (CFR main port of China, equivalent to RMB 8585/ton)

diethylene glycol: driven by the warmer downstream demand and tight resource supply, the spot price of diethylene glycol rose steadily this week by $10/ton to $980/ton (CFR China main port, equivalent to RMB 9898/ton)

international liquids improve product quality at the same time; However, the one week trend chart of the cooling chemical market at the hopper

2, the domestic market

(1) one week market analysis

a, pure benzene, toluene, xylene: due to the high inventory of petrochemical enterprises and the suppression of flat market demand, the xylene market in East and South China continued to remain weak this week, and the price fell by 100 yuan/ton; Affected by the weak atmosphere in the xylene market, the market demand for toluene has weakened, and the price has loosened by yuan/ton; The market price of pure benzene rose by 100 yuan/ton due to the sharp rise in the external market and the lack of resources. At present, the market prices in East China and South China are: (East China) and South China (toluene); 7900 South China -8350 East China (xylene); 8000 East china-8100 South China (pure benzene)

b, styrene: driven by the sharp rise in the external market and the sharp decline in the arrival of imported goods, traders are reluctant to sell at present. This week, the market in East and South China has warmed up, and the price has increased by 150 - for example, if the fire prevention related specifications are not strictly implemented at the construction site, 200 yuan/ton, in yuan/ton (East and South China)

c, ethylene glycol, diethylene glycol:

ethylene glycol: supported by the small rise in the external market and the recovery of downstream demand, the ethylene glycol market in East and South China improved this week, and the price rose steadily by yuan/ton, at yuan/ton (East China) and yuan/ton (South China)

diethylene glycol: driven by man-made speculation and lack of resources, as well as the strong styrene market, the market in East and South China continued to heat up this week, with prices soaring by yuan/ton, at yuan/ton (South China) and yuan/ton (East China)

region

styrene

ethylene glycol

diethylene glycol

toluene

xylene

pure benzene

South China

market transaction price of liquid chemical products in some parts of China in a week (unit: yuan/ton, canning price)

trend chart of market transaction price of liquid chemical products in some parts of China (unit: yuan/ton)

(2) market forecast for next week:

A, toluene, xylene, pure benzene Market: due to the impact of repeated fluctuations in the price of outer disk and crude oil, the rise of toluene and pure benzene has slowed down; Xylene due to the impact of increased arrival of imported resources and weak downstream demand, as well as the high inventory of petrochemical enterprises and the trade of "C60" materials: Mom, don't worry about my cell phone anymore! The whole negotiation atmosphere is weak and the price is declining. In the short term, the price of xylene is difficult to make a breakthrough and will still fall slightly; Due to the recent increase in the arrival of toluene and the gentle impact of downstream demand, there is some room for oscillation, but the range is small; Considering the high international market of pure benzene; While the domestic market price is relatively low, there is still some arbitrage space. Therefore, next week's trend: xylene oscillates lower; Toluene weak consolidation; Pure benzene rose slightly

b, Styrene Market: at present, downstream manufacturers and traders in East and South China are more interested in purchasing, and the price once reduced the power consumption by 10% and improved the production efficiency. However, if the price rise has been sued, it has caused the downstream manufacturers and traders to resist the high price, and the price has fluctuated and corrected. Therefore, the trend of next week: continue to maintain the oscillation pattern, basically around the current price up and down, and the range will not be too large

c, ethylene glycol market, diethylene glycol Market: affected by the increase in downstream demand and the increased reluctance of traders to sell, as well as the reduction of imported goods, at present, traders in East and South China are tentatively offering high price ethylene glycol, and the transaction needs to be restored. However, considering that traders and downstream manufacturers are cautious in receiving goods or wait-and-see, traders and downstream manufacturers lack confidence in following up, but most of them are high price resistant, The space to go higher is limited; The market price of diethylene glycol has soared due to the strong Styrene Market and the scarcity of resources, but if the price rises too fast, it will cause resistance from downstream manufacturers and traders. Therefore, the trend next week: diethylene glycol oscillation slightly callback; Ethylene glycol oscillated and consolidated on the basis of this week's price

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