On July 15, the PX commodity index was 56.00, unchanged from yesterday, down 45.31% from its peak of 102.40 points in the cycle (2013-02-28), and up 22.94% 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 15th. Pengzhou Petrochemical Plant operated steadily in the field. Urumqi Petrochemical Plant started 50% of its operation. Fuhai Created Aromatic Hydrocarbon Plant started one 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 opening rate of PX units in Asia is about 80%. On July 12, the closing price of p-xylene in Asia dropped by 9 US dollars/ton. The closing price was 860-862 US dollars/ton FOB in Korea and 879-881 US dollars/ton CFR in China. More than 50% of domestic PX units need to be imported. The decline of foreign prices has a negative impact on domestic market price of p-xylene. The price trend of p-xylene in the market is stable for the time being.

On July 12, WTI crude oil futures market in the United States rose to $60.21 per barrel, an increase of $0.01. Brent crude oil futures rose to $66.72 per barrel, an increase of $0.20. The rising trend of crude oil price has a cost supporting effect on the price of downstream petrochemical products. The price trend of paraxylene market is temporarily stable. 。 Recent textile industry market shocks, PTA price trend shocks on the 15th day, the average price of East China bid in the vicinity of 6500-6600 yuan/ton, as of the 12th day domestic PTA start-up rate is about 89%, polyester industry start-up rate is about 88%, downstream production and sales rate maintained a high level, but PTA market price rises, the PX market price is expected to maintain in the later period. Shock.

Domestic potassium chloride prices are still slightly lower, and high-end quotations are rapidly disappearing. At present, the mainstream price of 62% white potassium in port is 2250-2300 yuan, and 60% Dahong granule is 2280-2300 yuan.

Supply Situation: Domestic potassium production is relatively small, and with the recent shipment, the stock in the factory is relatively low. There is no stock in Tibet for the time being. The stock in Salt Lake is about 400,000 tons, and the finished product is only 150,000 tons. The price of domestic potassium is temporarily stable. The price of 60% crystal Market in salt Lake is mostly 2150-2200 yuan/ton. As for potassium, large traders have plenty of goods in their hands. Preferential bidding is unavoidable. Local large unit prices are slightly lower. Sales are not satisfactory. Port 62 is hard to digest. Mainstream price of white potassium is 230-2250 yuan/ton, Russian red price is 2200-2150 yuan/ton, and large particle price is 2300-2350 yuan/ton. As for potassium in border trade, potassium in border trade is still at an interruption stage, quoting 2100 yuan per ton at 62 Baikalium ports.

Demand situation: At present, China is in the off-season of fertilizer use, less demand for potassium fertilizer, and the conservative atmosphere of new single delivery of potassium fertilizer continues. Import potassium preferential promotion orders, price center of gravity horizontal plate narrow oscillation, downstream autumn compound fertilizer inquiries increased, actual dealers on demand procurement.

International market: At present, the international potassium chloride market is still on the low side, but there are also price increases in the United States and some markets in Southeast Asia. This week, the tender price of standard potassium chloride in Southeast Asia has expanded to 290-324 US dollars/ton. Pupuk has closed the delivery tender since this month, and will also set the upper limit of the tender price. But apart from the eagerly anticipated bidding results, the price of potassium chloride in other parts of Southeast Asia remains stagnant; the high-end price of granular potassium chloride in Northwest Europe has fallen by 5 euros/ton due to low demand; and the price of granular potassium chloride in the corn and cereal belt of the Midwest of the United States has risen, according to Nutrien. With Mosaic’s summer sales plan, the original sales plan will be closed later, and the quotation for potassium chloride will rise by $25 per ton to $310-315 per ton.

Domestic market: The trend of domestic potassium fertilizer market is relatively stable, and the price has not changed significantly for the time being. The mainstream price of potassium chloride ports in South China is 62 white potassium 2250-2300 yuan/ton, and the big granule price is 2300-2350 yuan/ton. The sales rhythm of Zhanjiang Port and Fangcheng Port is still acceptable. The price of domestic potassium in Northwest China has remained stable for the time being. The price of 60% of the base product is 2350 yuan/ton, the buyout price is 2250 yuan, the price of the local market is stable, and the transaction price is about 2200-2250 yuan/ton. The main purpose is to reduce the pre-digestion stock of the manufacturer, and the adjustment of the sales policy is to promote the market transaction. Qinghai small factories are relatively cold, with a self-raised reference price of 57% of the powder crystal of about 1700 yuan/ton. Domestic potassium sulfate has maintained a steady trend, Qinghai water salt system potassium sulfate plant started smoothly, but the supply is relatively small, the supply is still tight, basically in a state of no inventory. At present, the arrival price of 50% powder in Qinghai is more than 2520-2600 yuan/ton, and the high-end price is the new source of Lianyu in Qinghai. Lop Nur 52 powder arrival quotation 3150 yuan/ton, market mainstream outlet 2700-2800 yuan/ton, Mannheim 50 powder mainstream factory quotation 2700 yuan/ton, 51 powder 2750 yuan/ton, 52 powder 2800 yuan/ton.

At present, the domestic market of potassium chloride and potassium chloride is advancing weakly and steadily, the import and export of potassium chloride are general, the distributors compete for more orders to promote sales, the production of domestic potassium chloride is reduced, and the stock is declining; the domestic market of potassium sulfate continues to run steadily, and the shipment of Mannheim enterprises is relatively good, and it is expected that the domestic market of potassium sulfate will be smoothl Actors, potassium chloride market price fluctuations are limited, mainly low-level operation.

On July 10, the phthalic anhydride commodity index was 57.42, unchanged from yesterday, down 52.20% from the cyclical peak of 120.13 points (2012-02-28), and up 18.59% from the lowest point of 48.42 on January 21, 2016. (Note: Period refers to 2011-09-01 to date).

Recently, the domestic market price trend of phthalic anhydride has risen slightly, the market price of phthalic anhydride in East China has rebounded, downstream factories have just needed to purchase, factory inventory is still under pressure, high-end transactions have been blocked, the mainstream of on-site neighbourhood source negotiations is 5900-6100 yuan/ton, and the mainstream of naphthalene source negotiations is 5400-5500 yuan/ton; the phthalic anhydride market in North China is still under pressure. Mainstream quotation is 5900-6000 yuan/ton, market price rises slightly, quotations of enterprises are slightly higher, downstream construction is not high, on-demand procurement is the main, wait-and-see mentality is strong, domestic phthalic anhydride plant operation is stable, phthalic anhydride spot supply is normal, phthalic anhydride price trend is rising.

Recently, the domestic price of phthalic anhydride upstream product Sinopec o-phthalic acid is 5900 yuan/ton. The import price of o-phthalic anhydride in the port area has risen, and the quotation has risen. Recently, the market of o-phthalic anhydride in the port is general, and the port stock is low. Upstream raw materials mixed xylene price shocks, phthalic turnover is general, port phthalic inventory is low, phthalic external quotation is higher, import phthalic cost shocks, the actual transaction price is detailed, upstream price trend shocks, phthalic anhydride market price rise is limited. Downstream DOP raw material phthalic anhydride price rises, isooctanol price rises, DOP cost rises. DOP price shocks are higher, DOP downstream demand is general, customer purchasing enthusiasm is general, downstream PVC market shocks are stable, DOP market mainstream transaction price is about 7600 yuan/ton, DOP downward pressure is weakened, there is a certain upward momentum, the market price of phthalic anhydride is expected to rise slightly later.

On July 10, the ammonium nitrate commodity index was 103.51, which was the same as yesterday. It was 12.59% lower than the peak of 118.42 points in the cycle (2019-01-15), and 33.79% higher than the low of 77.37 points on October 31, 2016. (Note: Period refers to 2013-02-01 to date).

Recently, domestic ammonium nitrate market price trend is temporarily stable. Affected by environmental protection control, domestic ammonium nitrate plant shuts down more, domestic ammonium nitrate plant starts less, but recently with the warming of the weather, 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. Domestic prices are declining. As of the 10th day, the domestic ammonium nitrate market price negotiations in 1900-2050 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, the price trend of ammonium nitrate on the site is temporarily stable.

Recently, the price of domestic nitric acid has slightly declined, up to 10 days, the market price is 1773.33 yuan/ton. The declining trend of nitric acid price has a negative impact on the ammonium nitrate market, and the price of ammonium nitrate is stable. The domestic liquid ammonia Market in the upstream is mainly stable, the market performance is weak, the market turnover is still acceptable, and most manufacturers quote. The price quotation of factories in the northern region is maintained in the range of 2900-3600 yuan/ton, while that in the northwest region is around 2800-2900 yuan/ton. The inventory pressure of factories is not high. Normal shipment, rational purchasing of downstream factories and declining prices of raw materials in the upstream have a negative impact on the ammonium nitrate market. 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 shocks in the later period.

On July 8, the phthalic anhydride commodity index was 57.42, unchanged from yesterday, down 52.20% from the cyclical peak of 120.13 points (2012-02-28), and up 18.59% from the lowest point of 48.42 on January 21, 2016. (Note: Period refers to 2011-09-01 to date).

Recently, the domestic market price trend of phthalic anhydride has risen slightly, the market price of phthalic anhydride in East China has rebounded, downstream factories have just needed to purchase, factory inventory is still under pressure, high-end transactions have been blocked, the mainstream of on-site neighbourhood source negotiations is 5900-6000 yuan/ton, and the mainstream of naphthalene source negotiations is 5300-5400 yuan/ton; the phthalic anhydride market in North China is still under pressure. Mainstream quotation is 5900-6000 yuan/ton, market price rises slightly, quotations of enterprises are slightly higher, downstream construction is not high, on-demand procurement is the main, wait-and-see mentality is strong, domestic phthalic anhydride plant operation is stable, phthalic anhydride spot supply is normal, phthalic anhydride price trend is rising.

Recently, the domestic price of phthalic anhydride upstream product Sinopec o-phthalic acid is 5900 yuan/ton. The import price of o-phthalic anhydride in the port area has risen, and the quotation has risen. Recently, the market of o-phthalic anhydride in the port is general, and the port stock is low. Upstream raw materials mixed xylene price shocks, phthalic turnover is general, port phthalic inventory is low, phthalic external quotation is higher, import phthalic cost shocks, the actual transaction price is detailed, upstream price trend shocks, phthalic anhydride market price rise is limited. Downstream DOP raw material phthalic anhydride price rises, isooctanol price rises, DOP cost rises. DOP price shocks are higher, DOP downstream demand is general, customer purchasing enthusiasm is general, downstream PVC market shocks are stable, DOP market mainstream transaction price is about 7400 yuan/ton, DOP downward pressure is weakened, there is a certain upward momentum, the market price of phthalic anhydride is expected to rise slightly later.

On July 7, the hydrofluoric acid commodity index was 109.26, which was the same as yesterday. It was 22.20% lower than the peak of 140.43 points in the cycle (2018-02-21), and 103.88% higher than the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the domestic market price of hydrofluoric acid rose slightly on July 8. Up to now, the domestic market price of hydrofluoric acid is 12070 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, and the situation of goods on the spot has improved recently. Because of the high raw material fluorite, some hydrofluoric acid factories The market price of hydrofluoric acid has risen with the increase of the ex-factory price. At present, the mainstream of hydrofluoric acid negotiations in the southern region is about 11500-12500 yuan/ton, while the price of hydrofluoric acid in the northern market is about 12000-12500 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 18,000-19,000 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 market turnover is general, refrigerant industry equipment start-up rate remains low, for upstream hydrofluoric acid market demand is normal, but the hydrofluoric acid spot supply is tight, Business Analyst Chen Ling believes that the hydrofluoric acid market may continue to rise slightly.

According to the monitoring of business associations, the hydrogen peroxide market continued to fall sharply this week. At the beginning of the week, the average price of 27.5% hydrogen peroxide was 963 yuan/ton, and at the end of the week, the average price of 27.5% hydrogen peroxide was 903 yuan/ton. The price fell by 6.23%.

In July, hydrogen peroxide was in the off-season of consumption, and terminal caprolactam manufacturers and papermaking industry had a flat demand for hydrogen peroxide procurement. Shandong, Hebei, Anhui and other hydrogen peroxide manufacturers have lowered the price of hydrogen peroxide. Shandong Luxi’s quotation fell to 840 yuan/ton, Haineng to 990 yuan/ton, and the price fell by 30-50 yuan/ton. Hebei Zhengyuan’s quotation was lowered to 920 yuan/ton, and the price fell 80 yuan/ton. The mainstream quotation in Anhui dropped to 1050 yuan/ton, and the price dropped 50 yuan/ton.

According to Li Bing, a hydrogen peroxide analyst at the business association, the demand for hydrogen peroxide is not good in the off-season, and the rise of hydrogen peroxide in the future is still weak.

Price data

According to the latest monitoring data of business associations, the average domestic mainstream market price of 180 CST fuel oil was 4486.00 yuan/ton as of June 30, up or down from 4652.00 yuan/ton at the beginning of the month by -3.57%.

II. Market Analysis

Products: At present, the mainstream price of 180 CST fuel market in China is around 4400 yuan per ton. Fuel oil prices continued to fall this month as a whole.

Industry chain: According to the monitoring of business associations, Brent crude oil at the beginning of the month was $66.87 per barrel and at the end of the month was $66.55 per barrel, with a monthly increase of – 0.48%; WTI crude oil at the beginning of the month was $56.59 per barrel and at the end of the month was $59.43 per barrel, with a monthly increase of 5.02%. In June, U.S. crude oil stocks continued to decline, tensions between the United States and Iraq and optimistic expectations of Sino-US trade negotiations were the main factors leading the oil market in the near future. On Tuesday, June 25 (Tuesday), the weighted average price of Fukushi shale oil rose by 174 yuan/ton, with 12,000 tons of winning bid, 12,200 tons of bidding and 12,000 tons of volume. The tender base increased by 100 yuan/ton with 3356 yuan/ton winning interval of 3486 yuan/ton, and the next tender time was July 2.

According to the price monitoring of business associations, in June 2019, there were four kinds of commodities rising annually in the energy sector, of which more than 5% of the commodities rose, accounting for 6.3% of the monitored commodities in the sector; the top three commodities were WTI crude oil (5.02%), MTBE (2.46%) and coking coal (0.82%). There are 12 kinds of commodities with a decline of more than 5%, accounting for 31.3% of the monitored commodities in the plate. The products with the first three declines are petroleum coke (-8.44%), liquefied natural gas (-7.64%) and naphtha (-7.09%). This month’s average rise and fall was -3.07%.

3. Future Market Forecast

Energy analysts of business associations believe that the rise of international crude oil has driven the fuel oil market and increased downstream inquiries, but the shipping price is low, the overall market turnover is weak, the demand for shipping terminals is low, the shipment market is cold, the overall market turnover is weak, and downstream mostly hold a wait-and-see attitude. The fuel oil market is expected to stabilize in July, with some companies fluctuating slightly. The price range in July is expected to be between 4400 and 4700 yuan/ton.

On July 2, the PX commodity index was 56.00, unchanged from yesterday, down 45.31% from its peak of 102.40 points in the cycle (2013-02-28), and up 22.94% 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 3rd, Pengzhou Petrochemical Plant was running steadily, Urumqi Petrochemical Plant was started 50%, Fuhaichuang Aromatic Hydrocarbon Plant was started one line, CNOOC Huizhou Refinery and Chemical Plant was overhauled, Hengli Petrochemical PX Plant was put into operation, and other units were running steadily for the time being 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 opening rate of PX plant in Asia is about 80%. On July 2, the closing price of p-xylene in Asia increased by 9 US dollars/ton. The closing price is 842-844 US dollars/ton FOB in Korea and 861-863 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 p-xylene in the market is stable for the time being.

On July 2, the price of WTI crude oil futures fell sharply, to $56.25 per barrel, a decline of $2.84. Brent crude oil futures prices fell sharply in August, to $62.40 per barrel, a decline of $2.66. Crude oil prices declined, losing some cost support for the price of downstream petrochemical products, and the price trend of paraxylene market. Temporary stability. Recently, the textile industry has been stabilizing, PTA price has risen on the 3rd day. The average offer price in East China is raised near 7050-7100 yuan/ton. As of the 2nd day, the domestic PTA start-up rate is about 99%, the polyester industry start-up rate is about 90%, and the downstream production and sales rate remains high. However, the PTA market price is rising, and the PX market price is expected to remain earthquake in the later period. Swing.

On July 1, the PX commodity index was 56.00, unchanged from yesterday, down 45.31% from its peak of 102.40 points in the cycle (2013-02-28), and up 22.94% 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 2nd, Pengzhou Petrochemical Plant was running steadily, Urumqi Petrochemical Plant was started 50%, Fuhai Created Aromatic Hydrocarbon Plant was started one line, CNOOC Huizhou Refinery and Chemical Plant was overhauled, Hengli Petrochemical PX Unit was put into operation, and other units were running steadily for the time being 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 opening rate of PX plant in Asia is about 80%. On July 1, the closing price of p-xylene in Asia increased by 15 US dollars/ton. The closing price is 833-835 US dollars/ton FOB in Korea and 852-854 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 p-xylene in the market is stable for the time being.

On July 1, the price of WTI crude oil futures rose to $59.09 per barrel, an increase of $0.62. Brent crude oil futures rose to $65.06 per barrel, an increase of $0.32. The rising trend of crude oil price has a certain cost supporting effect on the price of downstream petrochemical products. The price trend of paraxylene market is temporarily stable. 。 Recently, the textile industry has been stabilizing, PTA price has risen on the 2nd day. The average offer price in East China is raised near 7000-7100 yuan/ton. As of the 1st day, the domestic PTA start-up rate is about 95%, the polyester industry start-up rate is about 90%, and the downstream production and sales rate remains high. However, the PTA market price has risen, and it is expected that the price of PX market will remain earthquake in the later period. Swing.