On June 5, the phthalic anhydride commodity index was 58.39, unchanged from yesterday, down 51.39% from the peak of 120.13 points in the cycle (2012-02-28), and up 20.59% from the low of 48.42 points on January 21, 2016. (Note: Period refers to 2011-09-01 to date).

Recent domestic market price trend of phthalic anhydride has maintained low, the phthalic anhydride market in eastern China has maintained a weak position, downstream factories have maintained just-needed procurement, factory inventory pressure has continued, high-end transactions have been blocked, the mainstream of on-site neighbouring source negotiations is 5900-6000 yuan/ton, the mainstream of naphthalene source negotiations is 5600-5700 yuan/ton; the mainstream price of phthalic anhydride market in North China is 5900-6000 yuan/ton, and the market is weak. The price of phthalic anhydride in China is stable, the spot supply of phthalic anhydride is normal, the market is not good, and the price of phthalic anhydride is declining.

Recently, the executive price of the upstream product of phthalic anhydride, Sinopec o-phthalic anhydride, is 6200 yuan/ton. The actual transaction price in the market is 6200 yuan/ton. The quotation is declining, and the port market is general. The upstream raw material mixed xylene price fluctuation maintains stable, the turnover of phthalic acid is general, the port phthalic acid inventory is low, the quotation of phthalic acid external market is low, the import phthalic acid cost fluctuation, the actual transaction price is discussed in detail, the upstream price trend is declining, and the market price of phthalic anhydride remains weak. DOP downstream price is lower, DOP downstream demand is general, customer procurement enthusiasm is not good, DOP mainstream transaction price is about 7300 yuan/ton, DOP downstream price is still under pressure, downstream price is slightly lower, demand for upstream phthalic anhydride is limited, the market price of phthalic anhydride is slightly lower, it is expected that the market price of later phthalic anhydride will be around 5900 yuan/ton.

On June 4, the ammonium nitrate commodity index was 103.51, which was the same as yesterday. It was 12.59% lower than the cyclical peak of 118.42 points (2019-01-15), and 33.79% higher than the lowest point of 77.37 on October 31, 2016. (Note: Period refers to 2013-02-01 to date).

Recently, the price trend of domestic ammonium nitrate Market is temporarily stable. Affected by environmental protection control, domestic ammonium nitrate plant shuts down more, domestic ammonium nitrate plant starts less, but with the warming of the weather recently, the influence of northern air limitation disappears. In addition, due to the complete shutdown of domestic downstream civil explosion industry, domestic ammonium nitrate manufacturers have more stockpiles, and the price trend in the field declines. As of the 4th day, the domestic ammonium nitrate market price negotiation was between 1900 and 2050 yuan/ton, affected by environmental protection, so now many manufacturers in many areas have been forced to limit production or stop production and maintenance for environmental protection inspection, and the price trend of ammonium nitrate in the field is temporarily stable.

Recently, domestic nitric acid price has risen, the market price is 1726.67 yuan/ton on the 4th day. The rising trend of nitric acid price has a positive impact on the ammonium nitrate market, and the price trend of ammonium nitrate is stable. The price trend of upstream raw material liquid ammonia has risen slightly. The price quoted by manufacturers in the northern region maintained in the range of 3200-3600 yuan/ton on the 4th day, while that in the northwest region was above 2900-3100 yuan/ton. The rising price trend of cruise raw materials has a positive impact on the ammonium nitrate market, and the price trend of ammonium nitrate Market is temporarily stable. At the end of the peak season of the downstream civil explosion industry recently, the demand for ammonium nitrate has weakened and the stocks of ammonium nitrate manufacturers have increased, but the liquid ammonia market is on the rise again. The ammonium nitrate Market is shaking at a low level because of the bad market. Ammonium nitrate analysts believe that the recent upstream raw material market price shocks, but the downstream demand is not good, ammonium nitrate market prices are expected to remain low in the latter part of the shocks.

On June 2, the hydrofluoric acid commodity index was 104.63, unchanged from yesterday, down 25.49% from the peak of 140.43 points in the cycle (2018-02-21), and up 95.24% from the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the price trend of domestic hydrofluoric acid market rose on the 3rd. Up to now, the domestic market price of hydrofluoric acid is 11550 yuan/ton. The domestic start-up rate of hydrofluoric acid is less than 60%. Enterprises reflect that the supply of hydrofluoric acid on the spot is tight at present. Recently, the market situation of hydrofluoric acid has improved. Due to the higher raw material fluorite, some hydrofluoric acid manufacturers have raised the ex-factory price, and the market price trend of hydrofluoric acid is on the rise. Rise. At present, the mainstream of hydrofluoric acid negotiations in the southern region is about 11,000-11,500 yuan/ton, while the price of hydrofluoric acid in the northern market is 11,500-12,000 yuan/ton. Domestic hydrofluoric acid market prices increased, spot supply decreased slightly, but demand did not change very much, the price trend of hydrofluoric acid Market rose.

Recent downstream refrigerant products start at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid product price shocks. Recent downstream refrigerant market transactions have improved, R22 refrigerant plant surface started at 60%, R22 market device start-up rate is temporarily stable, the main production enterprise bulk water factory offer price is between 18500-19500 yuan/ton, but the production enterprise does not have bulk water spot, mainly a small number of cylinders shipment. In addition, the actual demand side of the market has not changed much, and the delivery market has increased. The domestic market price trend of R134a is not good, the start-up rate of production enterprises remains low, the refrigerant market demand is general, and the manufacturers mainly export their products. However, the on-site transaction price has not changed much. Businessmen purchase on demand. Recently, due to the shortage of supply, the price trend of hydrofluoric acid market has risen.

Refrigerant on-site transactions are general, refrigerant industry equipment start-up rate remains low, for upstream hydrofluoric acid market demand is normal, but the spot supply of hydrofluoric acid is tight, Business Analyst Chen Ling believes that the hydrofluoric acid market may continue to rise.

Price Trend

According to the data of business associations, domestic xylene prices showed a downward trend in May. At the beginning of May, the price of xylene was stable, and began to oscillate in the first half of the month until the end of the month. At the beginning of the month, the average price of enterprises was the highest, 5670 yuan/ton; at the end of the month, the lowest price was 5430 yuan/ton, with a monthly decline of about 4.32%.

II. Analytical Review

1. Products: The xylene market is in a downturn this month. The overall purchasing intention is not high and the market mainstream transaction price is around 5480-5500 yuan/ton. The inventory of ports in East China is about 80,000 tons, which is about 316,000 tons compared with 111,600 tons at the beginning of the month. This month, Qingdao Dalian Refinery, Sinochem Hongrun Unit overhaul, reduced a certain amount of export sales, reduced market supply, traders benefit from this good offer. However, this positive support is less than the impact of raw materials and downstream, so xylene market overall downward in May.

2. Industry chain: In the upstream, the international oil price first stabilized and then fell in May. The OPEC production reduction and geographic situation were the main positive factors in the early and mid-term. The downward trend of the US stock market and the unexpected decline of the US crude oil inventory led to a sharp drop in the international oil price in the latter half of the year. On the downstream side, the domestic market price of p-xylene declined in May, with a monthly decline of about 2.61%. The new PX plant was not started and the enthusiasm of stockpiling was not high, which caused a certain blow to the market mentality. The market of o-xylene declined in May, and the contract price of o-xylene Sinopec was 6200.00 yuan/ton as of May 30. Benzene prices fell 500 yuan/ton, or 7.46%, from 6,700.00 yuan/ton in early May, and 6.59% from the same period last year.

3. Future Market Forecast

The Xylene Analyst of Business Cooperative Chemical Branch believes that: in a word, the stockholders are still optimistic about June because of the bullish support of crude oil and the driving of downstream PX devices. The market is mainly concerned about the driving of Sinochem Hongrun PX devices. However, at present, other major downstream purchasing intentions are general, the buying atmosphere is insufficient, stocks remain high, the market is in a stalemate stage, and the trend of Xylene is low. Fan, it is difficult to improve in the short term, or will fall first and then rise, but the range is small.

Acetic anhydride prices fluctuated and fell in May, according to data from business associations. As of May 30, the average price quoted by acetic anhydride enterprises was 4633.33 yuan/ton, which was 16.27% lower than that quoted by acetic anhydride enterprises at the beginning of the month, and 44.34% lower than that of the same period last year.

II. Market analysis:

Product analysis:

In May, the domestic acetic anhydride ex-factory quotation fell and the market transaction price fell. As of May 30, most of the region’s ex-factory quotations were between 4350 and 4600 yuan/ton. The actual transaction price fell. The actual transaction price in Shandong was about 4400 yuan/ton. The price fell. The market quotation was the reference price. The actual transaction price was based on actual negotiation. Acetic anhydride factory equipment start-up rate is higher, the downstream sales of acetic anhydride is cold, the market of acetic anhydride is general, the downstream pressure of acetic anhydride is larger.

Acetic anhydride raw material acetic acid price shock fell in May, methanol price shock rose. As of May 30, the price of acetic acid was 2576.67 yuan/ton, down 140 yuan/ton, or 5.15% compared with the price of acetic acid at the beginning of the month. The price of methanol rose sharply in May. As of May 30, the price of methanol was 2340.00 yuan/ton. In May, the price of methanol rose by 7.64%. The overall cost of acetic anhydride rose, which had a positive impact on the market of acetic anhydride. In the future, acetic anhydride had a certain upward momentum.

3. Future market forecast:

Bai Jiaxin, a data analyst for acetic anhydride in business associations, believes that the price of acetic anhydride raw material acetic acid fell in May, the price of methanol shocked up, the cost of acetic anhydride rose, and the price of acetic anhydride has a certain driving force. However, in recent years, acetic anhydride manufacturers have a high start-up rate, adequate supply and demand. Recent downstream purchases are general. The sales pressure of acetic anhydride is high, which has a great impact on the market of acetic anhydride. The rising cost of acetic anhydride promotes the price of acetic anhydride to a certain extent; the supply of acetic anhydride is sufficient, the downstream demand is general, the overall supply exceeds demand, and the market of acetic anhydride has little room to rise. Overall, with the price of acetic anhydride dropping sharply in May, the profit margin of acetic anhydride shrinks, and the market of acetic anhydride in the future may stop falling and rise again. However, without the support of downstream demand, acetic anhydride has little momentum to rise, and the overall market of acetic anhydride is mainly stable.

On May 28, the phthalic anhydride commodity index was 60.02, down 0.58 points from yesterday, down 50.04% from the peak of 120.13 points in the cycle (2012-02-28), up 23.96% from the low of 48.42 points on January 21, 2016. (Note: Period refers to 2011-09-01 to date).

Recently, the domestic market price trend of phthalic anhydride has maintained a low level, the market of phthalic anhydride in eastern China has maintained a weak position, downstream factories have maintained just-needed procurement, factory inventory pressure has continued, high-end transactions have been blocked, the mainstream of on-site neighbouring source negotiations is 6000-6200 yuan/ton, and the mainstream of naphthalene source negotiations is 5700-5800 yuan/ton; the mainstream price of phthalic anhydride market in North China is 6000-6200 yuan/ton, and the market is The price of phthalic anhydride in China is stable, the spot supply of phthalic anhydride is normal, the market is not good, and the price of phthalic anhydride is declining.

Recently, the executive price of the upstream product of phthalic anhydride, Sinopec o-phthalic anhydride, is 6400 yuan/ton. The actual transaction price in the market is 6400 yuan/ton. The quotation is declining, and the port market is general. The upstream raw material mixed xylene price fluctuation maintains stable, the turnover of phthalic acid is general, the port phthalic acid inventory is low, the quotation of phthalic acid external market is temporarily stable, the import phthalic acid cost fluctuation, the actual transaction price is discussed in detail, the upstream price trend declines, and the phthalic anhydride market price maintains weak. DOP downstream price is lower, DOP downstream demand is general, customer procurement enthusiasm is not good, DOP mainstream transaction price is about 7400 yuan/ton, DOP downstream price is still under pressure, downstream price is slightly lower, demand for upstream phthalic anhydride is limited, the market price of phthalic anhydride is slightly lower, it is expected that the market price of later phthalic anhydride will be around 6100 yuan/ton.

On May 27, the PX commodity index was 60.00, unchanged from yesterday, down 41.41% from its peak of 102.40 points in the cycle (2013-02-28), and up 31.72% from its low of 45.55 points on February 15, 2016. (Note: Period refers to 2013-02-01 to date).

According to statistics, the domestic market price trend of p-xylene was temporarily stable on the 28th. Pengzhou Petrochemical Plant operated steadily in the field. Urumqi Petrochemical Plant started 50% of its operation, Fuhai Created Aromatic Hydrocarbon Plant started a line, CNOOC Huizhou Refinery and Chemical Plant overhauled, Hengli Petrochemical PX Plant put into operation, and other units operated steadily temporarily. Due to the normal supply of p-xylene in the domestic market when the new unit was put into operation, p-dimethyl benzene was supplied normally. The price trend of toluene market is stable for the time being. The opening rate of PX plant in Asia is about 80%. On May 27, the market price of paraxylene in Asia rose by 23 US dollars/ton. The closing price is 877-879 US dollars/ton FOB in Korea and 896-898 US dollars/ton CFR in China. More than 50% of the domestic units need to be imported. The rise of foreign prices has a certain positive impact on the domestic market price of paraxylene. The price trend of intra-market paraxylene is temporarily stable.

On May 27, the price of WTI crude oil in July futures market in the United States was flat at $58.63 per barrel, up by $0. The price of Brent crude oil in July rose to $70.11 per barrel, up by $1.42. The price trend of crude oil rose, which has a cost supporting effect on the price of downstream petrochemical products. The price trend of paraxylene market is temporarily stable. Recently, the textile industry has stabilized temporarily, PTA price declined slightly on the 28th. The average price in East China was raised near 5600-5700 yuan/ton. By the 27th day, the domestic PTA start-up rate was about 83.5%, the polyester industry start-up rate was about 86.5%, and the downstream production and sales rate maintained a high level. However, the PTA market price was slightly lower, and the PX market price is expected to be slightly lower in the later period.

On May 26, the PX commodity index was 60.00, unchanged from yesterday, down 41.41% from the peak of 102.40 points in the cycle (2013-02-28), and up 31.72% from the low of 45.55 points on February 15, 2016. (Note: Period refers to 2013-02-01 to date).

According to statistics, the domestic market price trend of p-xylene was temporarily stable on the 27th. Pengzhou Petrochemical Plant operated steadily in the field. Urumqi Petrochemical Plant started 50% of its operation. Fuhai Created Aromatic Hydrocarbon Plant started a line. CNOOC Huizhou Refinery and Chemical Plant overhauled. Hengli Petrochemical PX Plant went into operation. Other units operated steadily temporarily due to the introduction of new units. Domestic market supply of p-xylene is normal, and market price trend of p-xylene is temporarily stable. The operating rate of PX plant in Asia is about 80%. On May 24, the market price of p-xylene in Asia rose by 6 US dollars/ton. The closing price is 854-856 US dollars/ton FOB in Korea and 873-875 US dollars/ton CFR in China. More than 50% of the domestic units need to be imported. The rise of foreign prices has a positive impact on the domestic market price of p-xylene. The price trend of domestic p-xylene is temporarily stable.

On May 24, the price of WTI crude oil in July rose to 58.63 U.S. dollars per barrel, an increase of 0.72 U.S. dollars. Brent crude oil in July rose to 68.69 U.S. dollars per barrel, an increase of 0.93 U.S. dollars. Crude oil price trend rose, which has a certain cost support role for the price of downstream petrochemical products. The situation is temporary. Recently, the textile industry has stabilized temporarily, PTA price declined slightly on 27 days. The average offer price in East China was raised near 5700-5900 yuan/ton. As of 24 days, the domestic PTA start-up rate was about 86%, the polyester industry start-up rate was about 87.5%, and the downstream production and sales rate maintained a high level. However, PTA market price was slightly lower, and the PX market price is expected to be lower in the later period. Lattice or will slightly lower.

First, the price trend According to business data monitoring, this week, the domestic acetic acid market rebounded, the average price of acetic acid in East China at the beginning of the week in 2550 yuan/ton or so, the average price of 2576 yuan/ton over the weekend, the weekly increase of 1.05%. At present, Henan region quoted in 2300-2400/ton, Shandong Region quoted 2500-2650 yuan/ton or so, Hebei region quoted 2450-2500 yuan/ton or so, Shaanxi region quoted 2000 yuan/ton or so; Jiangsu Region quoted 2450-2550 yuan/ton or so

Zhejiang region quoted 2650-2700 yuan/ton or so, South China sent to the price of about 2600-2700 yuan/ton, the overall decrease of 52.17% compared with the same period last year.

Ii. Analysis of Causes Products: This week, the domestic acetic acid market in the long-term weak operation after the rebound, east China and North China long-term low-cost shipments led to a slightly lower inventory, some enterprises overhaul or has issued a maintenance plan, the overall supply in the field is not high, the early part of the traders bottom led to the industry negotiations performance is more active

In terms of construction, the overall operating rate of the industry is lower than before, the overall in about 85%, Shanghai Huayi overhaul, Jiangsu Thorpe issued a maintenance plan, Dalian Hengli 350,000 tons/year device has begun production, external sales time to be determined. Industrial chain: Upstream, this week the domestic methanol market performance is strong, local prices continue to move up. At the beginning of the week, the average price of domestic methanol market in 2288 yuan/ton, the weekend reported 2342 yuan/ton, the weekly increase of 2.36%, the price is 23.18% lower than the same period last year, acetic acid ester and ethylene acetate and other industries by the raw material acetic acid price higher impact, the overall supply and demand is still uneven, the late stability is expected

; PTA spot market continues to fall, some new devices put into production but downstream demand is weak, the industry supply and demand contradictions are obvious, trading bland. International: This week, the North American acetic acid market is affected by the price support of raw materials methanol, the overall performance is stable, the current 440 U.S. dollar/ton, the Asian acetic acid market by the decline in supply in China, the week remained stable, but the purchase of gas is still light, the current offer of 325-420 U.S. dollars/ton;

It is currently around 540 USD/ton.

Third, the forecast of the aftermarket At present, the domestic acetic acid market supply has declined, by the recent rise in the atmosphere of rendering, some traders signed a positive, stimulating enterprises to push up, but the downstream industry demand continues to be depressed and Dalian Hengli began to put into production, business society acetic Acid data analysis that the future of the domestic acetic acid market will be based on stability.

The Fluorite Commodity Index of May 23 was 103.73, an increase of 0.88 points over yesterday, a decrease of 18.64% from the highest point in the cycle of 127.49 (2019-01-03) and a 49.21 increase from the lowest 110.79% point of December 18, 2016.

(Note: cycle refers to 2011-09-01 to present) According to statistics, the domestic fluorite price trend rose, as of 23rd, the domestic fluorite average price of 2956.25 yuan/ton, the recent domestic fluorite device driving normally, the field mine and flotation device normal start, the field fluorite supply slightly tight, the recent downstream hydrofluoric acid price increase, for the fluorite market on demand procurement, fluorite price trend rose. Recently downstream plant start-up situation in general, the field fluorite spot supply normal, terminal downstream pick-up situation improved, resulting in market price trend rise. As of 23rd, Inner Mongolia 97 fluorite wet powder price in 2700-3000 yuan/ton, Fujian region 97 fluorite Wet powder talks mainstream in 2800-3100 yuan/ton, Henan Region 97 fluorite Wet powder price in 2700-3100 yuan/ton, Jiangxi Region 97 fluorite Wet powder price in 2800-3200 yuan/

Tons, fluorite price trend rose. Fluorite downstream hydrofluoric acid market price trend rose, as of 23rd domestic hydrofluoric acid market price of 11160 yuan/ton, hydrofluoric acid market price shock for the upstream fluorite market has a certain positive impact, but the recent start of hydrofluoric acid device general, for fluorite demand weakened, fluorite price shock operation. Recently downstream refrigerant product plant started in low, the upstream fluorite and hydrofluoric acid demand in general, the recent downstream refrigerant trading market in general, hydrofluoric acid product price trend is stable. Recently terminal downstream refrigerant market trading market cold, R22 refrigerant device surface started in 60%,R22 market installation rate of temporary stability, the main production enterprises Scatterwater factory price of 18000-19000 yuan/ton between, but the production enterprises do not have scatterwater spot, more than a small number of cylinders shipped mainly. In addition, the actual demand surface of the market changes little, shipping market in general. Domestic R134a market price trend shock, production enterprises plant construction rate to maintain low, refrigerant market demand in general, manufacturers shipped to export-oriented. But the market transaction price changes are not big, merchants on demand procurement, comprehensive view, downstream industry market in general, coupled with the fluorite market supply normal, fluorite price rise, business analyst Chen Ling think fluorite market price or will rise slightly.