According to the monitoring data of the business agency, on August 25, the average price of petroleum asphalt manufacturers in Shandong was 4456 yuan / ton, up 0.03% from the previous trading day and 30.56% year-on-year. The closing price of the main contract of asphalt futures was 4018 yuan / ton, up 2.60%.

The international crude oil is strong, and the asphalt futures price rebounds sharply. In terms of spot, the quotation is relatively stable, and individual quotations are slightly adjusted. In the near future, downstream operators will purchase on demand, and the refinery will maintain a balance between production and sales.

The short-term domestic asphalt market is mainly sorted out.

According to the monitoring of the business agency, the market price trend of domestic phthalic anhydride is rising. As of the 24th, the quotation of phthalic anhydride is 8200 yuan / ton. The spot supply in the market is normal, and the sales situation is general.

The domestic market price of phthalic anhydride increased slightly, the delivery of phthalic anhydride in the market was general, the downstream demand had little change in the near future, the upstream adjacent benzene price had a stable trend, the plasticizer market had little change, the spot supply of phthalic anhydride in the market was normal, and the market price of phthalic anhydride increased slightly. Some domestic phthalic anhydride units were shut down for maintenance. The operating rate of phthalic anhydride in the plant was less than 60%. The domestic supply of phthalic anhydride was reduced, and the market price trend was mainly increased. The downstream plasticizer industry was slightly lower, and the actual transaction was normal. The market price of phthalic anhydride in East China has increased slightly, and the high-end transactions in the market are limited. The main negotiation price of adjacent method in East China is 8100-8300 yuan / ton, and that of naphthalene method is 8000-8100 yuan / ton; The mainstream price of the phthalic anhydride market in North China is 8200-8400 yuan / ton. The wait-and-see mentality of the phthalic anhydride market still exists, and the downstream is mainly based on demand. The recent market trend of adjacent benzene is stable, and it is expected that the market price of phthalic anhydride will rise slightly in the later period.

At the opening of the new week, the domestic MIBK market was finally unable to cope with the sluggish downstream demand market, and fell again. Under the increasing pressure of shipment, the offer of the carrier fell, and the negotiated price in the East China market fell to about 9800 yuan / ton.

Raw material acetone has been in a stalemate recently. Although the supply chain for factory maintenance is expected to decrease, the port stock in the new week has increased, and the demand has shrunk. The procurement has entered a wait-and-see state. The mainstream offers of the cargo carriers have decreased, and the domestic acetone market has been in a stalemate. The mainstream negotiations in East China are at 4600 yuan / ton. It is difficult to release the on-site transactions in the new week.

Most enterprises have poor shipment, insufficient orders on the demand side, and it is difficult to follow up the demand. The price of the primary market fell again, and the participation of intermediate traders was poor. It is expected that the domestic MIBK market will continue to bottom out. The market negotiation in East China is 9700-9800 yuan / ton, and the market negotiation in South China is about 9850-9950 yuan / ton.

According to the price monitoring of the business agency, the sulfur price trend in East China increased slightly this week. On August 19, the average price of sulfur was 1153.33 yuan / ton, up 2.06% compared with the price of 1130.00 yuan / ton at the end of last month, up 24.46% compared with the beginning of the month.

This week’s sulfur market is waiting to be sorted out and put into operation. The shipments of some manufacturers increased at the weekend, and the sulfur price rose slightly at the beginning of the week. The sulfur market in the week is mainly stable, while the downstream market is weak, and the market demand is general. The main buyers are just in need, and the prices of refineries in Shandong are stable. As of September 19, the price of solid sulfur in refineries in Shandong Province was between 1120-1290 yuan / ton, and the mainstream price of liquid sulfur was between 1050-1150 yuan / ton.

The downstream sulfuric acid market continued to decline, and the price fell sharply in the week. As of August 19, the average price of domestic sulfuric acid was 394 yuan / ton, a decrease of 13.60% compared with the price of 456 yuan / ton at the end of last week. The domestic sulfuric acid market is dominated by weak operation. The market supply is sufficient, the downstream demand is weak, the on-site supply is strong and the demand is weak, and the enterprise’s shipment is blocked. In order to relieve the inventory pressure, the market trading center is constantly moving downward.

The downstream phosphate fertilizer market is in a weak operation. The fertilizer use in the downstream of ammonium monohydrate in autumn is slow, the shipment is poor, the demand for raw materials is limited, and the mentality in the field is weak. The downstream demand of diammonium continues to be cautious and wait-and-see. The on-site trading atmosphere is cold, the manufacturer’s shipment situation is general, the inventory pressure is large, and the market situation is weak. The overall demand of the ammonium phosphate Market has not improved, the downstream follow-up is limited, the contradiction between supply and demand in the field continues, and the ammonium phosphate Market is in a weak position.

According to the sulfur analysts of business club, the downstream market of domestic sulfur is weak, the demand support is insufficient, the shipment of manufacturers is not good, a small number of transactions are just to be followed up, and the contradiction between supply and demand in the market is obvious. It is expected that the short-term sulfur market will wait and see the consolidation and operation, and the price will be temporarily stable. Specific attention will be paid to the market follow-up.

According to the data of the trade agency’s bulk list, as of August 19, 2022, the domestic market price of diethylene glycol is reference to 4830 yuan / ton. Compared with August 15, 2022 (the reference price of diethylene glycol is 5110 yuan / ton), the price is reduced by 280 yuan / ton, a decrease of 5.48%.

It can be seen from the data monitoring of business community that this week (8.15-8.19), the overall market of diethylene glycol showed a weak decline. At the beginning of the week, the market price of diethylene glycol did not change much, and the overall situation was weak. In the middle of the week, under the double pressure of supply side increment and weak downstream demand, the diethylene glycol market was under pressure from the 17th, and the market was weak and difficult to change. The center of gravity was all the way down, and the difference between high and low prices in the market was widened. As of August 19, the market price of diethylene glycol was around 4590-5100 yuan / ton, with a decrease of more than 5% in the week. At present, the trading atmosphere of diethylene glycol on the market is general, the confidence of the industry is frustrated, and the negative mood on the market is strong.

At present, the demand side of diethylene glycol is generally supported, and whether it can usher in phased stock after the price reaches the low point is also the key to the dominant market trend. The diglycol data analyst of the business society believes that in the short term, the market of diethylene glycol is mainly weak and consolidation operation, and more attention should be paid to the trend of international crude oil and the changes in the supply and demand side.

1、 Price trend

According to the monitoring data of business agency, the average factory price of domestic ammonium sulfate on August 12 was 1123 yuan / ton, and the average factory price of domestic ammonium sulfate on August 18 was 1186 yuan / ton. This week, the price of ammonium sulfate increased by 5.64%.

2、 Market analysis

The ammonium sulfate market rebounded and rose this week. At present, the market demand for ammonium sulfate is supported to a certain extent, and the low level begins to make up for the rise. The supply of ammonium sulfate in the site is sufficient, and the downstream is mainly purchased on demand, with a general transaction. The urea market rose steadily this week, which was favorable to the ammonium sulfate Market. The short-term ammonium sulfate Market is mainly operated in a fluctuating range. As of August 18, the main factory price of coking grade ammonium sulfate in Shandong is about 1100 yuan / ton, and the main factory price of ammonium sulfate in Hebei is about 1100 yuan / ton. Domestic ammonium sulfate, the mainstream factory price in Shandong Province is 1200-1240 yuan / ton.

This week, the downstream compound fertilizer market is weak, the commencement is still at a low level, and the demand for ammonium sulfate is weak. Although the raw material urea of compound fertilizer increased slightly this week, there is limited room for increase. Most of the compound fertilizer enterprises suspended the quotation, and the market is still weak in the short term.

3、 Future forecast

According to the ammonium sulfate analysts of the business association, although the ammonium sulfate Market has stopped falling and rebounded, the rising resistance is large. The terminal demand is still weak, and the on-site supply is large. The industry is mostly cautious and wait-and-see. It is expected that the ammonium sulfate Market will fluctuate slightly in the short term.

On August 17, the domestic butyl acetate Market was stable, and the price was little changed compared with yesterday. Since the beginning of this week, large factories have made sporadic downward adjustments, with a total reduction of about 100 yuan. On the raw material side, the prices of acetic acid and n-butanol remained weak, and the cost was negative. The demand for butyl ester is low, and the downstream just needs to get the goods. It is suggested to pay attention to the price trend of raw materials acetic acid and n-butanol. At present, the mainstream quotation in the market is in the range of 7700-8000 yuan / ton.

1、 Price trend

It can be seen from the above figure that the domestic market price of neopentyl glycol dropped slightly this week. This week, the average price of domestic mainstream market of neopentyl glycol dropped from 10433.33 yuan / ton at the end of last week to 9766.67 yuan / ton at the end of this week, a decrease of 6.39%. On August 14, the neopentyl glycol commodity index was 47.07, which was the same as yesterday, hitting a new low in the cycle, down 54.57% from the highest point of 103.61 on September 22, 2021. (Note: period refers to September 1, 2021 to now)

2、 Market analysis

This week, the prices of the mainstream manufacturers of neopentyl glycol fell.

From the upstream raw material market of neopentyl glycol, the domestic isobutyraldehyde market price increased slightly this week. The average price of isobutyraldehyde in the mainstream market in China this week increased from 6666.67 yuan / ton at the end of last week to 7000.00 yuan / ton at the end of this week, an increase of 5.00%. The market price of raw materials in the upstream increased slightly, and the cost was well supported. 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 August may fluctuate slightly. The market price of isobutyraldehyde in the upstream increased slightly, and the cost support was good. The market price of coating in the downstream was general, and the enthusiasm of purchasing in the downstream was weakened. Analysts of neopentyl glycol of business club believe that under the influence of supply and demand and raw materials, the short-term neopentyl glycol market may rise slightly.

1、 Price summary on August 12:

Shijiazhuang refining and Chemical Co., Ltd. offers 7550 yuan / ton, and Qilu Petrochemical Co., Ltd. offers 7500 yuan / ton,

Yangba offers 7250 yuan / ton,

Guangzhou Petrochemical quoted 7500 yuan / ton, and Maoming Petrochemical quoted 7450 yuan / ton,

Changling Refining and chemical offers 7500 yuan / ton,

2、 Fluctuation trend:

3、 Analysis comments:

In terms of crude oil, the market expects that the oil supply in the Gulf of Mexico, which was interrupted before, will soon recover. In addition, the economic recession is expected to continue. The risk of falling energy demand has always covered the futures market. The short-term oil price is still fluctuating in the long-term stalemate.

The demand for gasoline has improved, and the enthusiasm for purchasing toluene has increased. The market has been boosted and the trend is strong.

This week, DOP prices fluctuated and fell

According to the data monitoring of business agency, the DOP price fluctuated and fell this week. As of August 12, the DOP price was 9062.50 yuan / ton, down 0.68% from the DOP price of 9125 yuan / ton on August 8 at the beginning of the week. This week, the price of raw materials was temporarily stable, and the DOP market fell.

This week, the price of isooctanol was strong and stable

According to the price monitoring of the business agency, the price of isooctanol was strong and stable this week. As of August 12, the price of isooctanol was 8466.67 yuan / ton, which was temporarily stable compared with that of 8466.67 yuan / ton on August 8 at the beginning of the week, and increased by 2.83% compared with that of 8233.33 yuan / ton on August 7 at the end of last week. This week, the price of isooctanol was strong and stable for the time being. The market of isooctanol recovered, and the driving force for the future market still exists.

This week, the price of phthalic anhydride fluctuated and rose

According to the price monitoring of the business agency, the price of phthalic anhydride fluctuated and increased this week. As of August 12, the price of phthalic anhydride was 8062.50 yuan / ton, up 0.16% from the price of phthalic anhydride on August 8 at the beginning of the week. This week, the price of phthalic anhydride fluctuated and increased, and the cost of DOP raw materials increased, and the driving force for the rise of DOP still exists.

This week, PVC prices fluctuated and fell

According to the price monitoring of the business agency, the PVC price fluctuated and fell this week. As of August 12, the PVC price was 6570 yuan / ton, down 1.96% from 6701.43 yuan / ton on August 8 at the beginning of the week; Compared with the PVC price of 6668.57 yuan / ton on August 7 last weekend, the price decreased by 1.48%. Affected by the high temperature, power supply and production were limited in some areas, the price of PVC fluctuated and fell, the demand for DOP weakened, and the upward momentum of DOP weakened and the downward pressure increased in the future.

Future market expectation

According to the DOP data analyst of business agency, due to the impact of high temperature limit, many places have stopped production and reduced production, and the start of plasticizer industry chain has decreased, and the demand for plasticizer has been affected and decreased; The price of raw material isooctanol is temporarily stable, the price of phthalic anhydride rises slightly, and the cost of plasticizer DOP is strong and stable. In the future, the cost of DOP has stabilized and the demand has dropped slightly this week, and the price of DOP has fluctuated and dropped. It is expected that the price of DOP will fall weakly in the future.