Price data

According to the price monitoring of business associations, the price of gasoline and diesel oil rose this week, domestic gasoline price was 6416 yuan/ton, 2.58% higher than last week’s gasoline price; domestic diesel price was 6589 yuan/ton, 3.47% higher than last week’s diesel price.

II. Analysis of Influencing Factors

Products: On July 23, at 24pm, the price adjustment of refined oil market ushered in the second grounding in the year. This week, oil price shocks and rebounds, which promoted the domestic refined oil market to rise.

Industry Chain: On the international crude oil side, the situation in the Middle East continues to ferment. Iran’s seizure of British tankers has upgraded the situation. International oil prices have gained this momentum, and oil prices have surged upwards.

Market aspect: Because of the good crude oil, the fluctuation of international oil price, the strong purchasing atmosphere of refined oil market earlier this week, refineries continue to push up the price of gasoline and diesel oil. At the same time, the price of gasoline and diesel oil has also been pushed up to the highest level in the year. With the weakening of local refinery gasoline and diesel oil shipments and the increasing pressure of refinery inventory, gasoline and diesel prices have begun to stimulate shipments. There is a decline. Overall, the domestic refined oil market rose first and then fell slightly.

3. Future Market Forecast

Lu Xingjun, an analyst of refined oil in Shandong Business Association, believes that after continuous replenishment in the early stage, downstream traders are now entering the wait-and-see stage of depot elimination, and the price of gasoline and diesel oil in Shandong local refining market is expected to fall first and then rise.

Price Trend

According to the data of business associations, the market price of aniline in Nanjing rose 50 yuan/ton this week, 0.77% higher than last week, while that in Shandong fell 230 yuan/ton, or 3.8% lower than last week. The mainstream price in Shandong is 5800 yuan/ton, while that in Nanjing is 6500 yuan/ton.

II. Analytical Review

Raw Material: Domestic pure benzene (except Sinopec) has fallen this week. At the beginning of the week, the situation continued over the weekend. Last week, the price of pure benzene in the external market continued to fall, which hit the bullish mentality of market participants, and the domestic market lacked the driving force for speculation. The downstream products of pure benzene have a general market situation and strong resistance to high-price pure benzene. Pure benzene prices continued to fall this week, basically back to the beginning of the month, affected by the domestic pure benzene has followed the decline.

Product: Aniline prices in Nanjing increased by 50 yuan/ton earlier this week due to cost pressures. In the latter period, the price of pure benzene weakened, aniline lost cost support, and downstream demand was general. The price of aniline in Shandong fell.

Downstream: This week’s downstream MDI market is better, up 2.83% from last week, which has some support for the price of aniline.

III. Future Market Expectations

At present, the price of pure benzene inside and outside is basically the same, and the price of pure benzene in Sinopec is still at a high level. It is expected that there will be a downward trend in the later period. Although the price of pure benzene may continue to decline, the cost-surface pressure of aniline still exists, and the price fluctuation will not be too large.

Aniline is expected to run steadily or weakly next week.

On July 24, 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 24th, 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 domestic price of nitric acid has been temporarily stable, the market price is 1756.67 yuan/ton as of 24 days. The decline of nitric acid price has a negative impact on the ammonium nitrate market. The price trend of ammonium nitrate keeps low. The domestic market of liquid ammonia in the upstream is rising slightly, the market performance is general, and the market transaction is still acceptable, mainly due to the upstream transaction. The impact of this increase, transaction remains stable, most of the manufacturers’inventory pressure has eased slightly compared with the previous period, and some of the overhauls are the main ones. The supply performance of most manufacturers in North China is still acceptable. The price quoted by manufacturers in North China is maintained at around 3300 yuan/ton. The price quoted by manufacturers in Northwest China is between 2800 yuan/ton and 3000 yuan/ton. The normal shipment of manufacturers is downstream. Reasonable purchasing of manufacturers and rising prices of raw materials in the upstream have 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 inventory of ammonium nitrate manufacturers has increased. However, the price trend of liquid ammonia market is temporarily stable, and the market of ammonium nitrate is shaking at a low level due to 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 maintain shocks in the later period.

A Survey of Magnesium Market Trends

1. Commodity Name: Magnesium Ingot (9990)

2. Latest price (2019.7.15): 15800 yuan/ton

Magnesium ingots (99.9%, non-pickling, simple packaging) from the main producing areas in China are charged with cash tax as follows:

Fugu area ex-factory includes 15 600-15 900 yuan/ton of tax, Taiyuan area 15 900-16 000 yuan/ton of cash, Wenxi area 15 800-16 000 yuan/ton of cash and Ningxia area 15 700-16 000 yuan/ton of cash.

3. Analysis points: Last week, due to the influence of ferrosilicon raw material, the price of magnesium ingot increased and stabilized. At the beginning of this week, due to weak downstream market demand, weak market turnover, a small number of new orders, manufacturers’willingness to bid lower, magnesium ingot prices have fallen.

4. Future market forecast: The current situation of oversupply makes the rising market driven by cost factors weak, and the price of magnesium ingot is expected to be weak and stable in the near future.

Price Trend

According to the price monitoring of business associations, the ex-factory price of hydrochloric acid in Shandong Province was temporarily stable this week, quoting 130.00 yuan/ton, down 28.77% from the same period last year. Overall, the hydrochloric acid market was stable this week, with the hydrochloric acid commodity index of 34.21 on July 19.

II. Market Analysis

(1) Products:

This week, the quotation of hydrochloric acid market manufacturers is temporarily stable and the overall market is low. Dezhou Shihua hydrochloric acid quotation is 100 yuan/ton, the quotation is temporarily stable; Wenshui synthetic hydrochloric acid quotation is 200 yuan/ton, the quotation is temporarily stable; Jinan Yuanfei hydrochloric acid quotation is 200 yuan/ton, the quotation is temporarily stable; Dezhou Meihua hydrochloric acid quotation is 60 yuan/ton, the quotation is temporarily stable.

(2) Industrial chain:

The price of liquid chlorine in the upstream market has risen, which will give some support to hydrochloric acid. The downstream dyes, calcium chloride and chloroethane still buy hydrochloric acid on demand in the early stage. The hydrochloric acid market as a whole is still weak. By-product acid shocks the market. The pressure of hydrochloric acid shipment is high. The quality of by-product hydrochloric acid produced by TDI, chloropropene, propylene oxide and methane chloride is relatively good. For the purpose of shipment, each manufacturer has the situation of inverted freight shipment. Overall, the difficulty of delivery of hydrochloric acid is still a major problem.

3. Future Market Forecast

After the adjustment in June, the capital reflux of each factory is in good condition, the equipment has been repaired and the production capacity has increased. Business analysts believe that the upstream liquid chlorine is good in the near future, but the downstream demand for rare earth and fuel is still general, and by-product acid shocks the market. Business analysts believe that the late hydrochloric acid market is still more vulnerable to consolidation.

Price Trend

The domestic toluene Market recovered slightly this week, with a weekly decline of about 1.13%, due to the weakening global economic outlook and the decline in crude oil, according to the business associations’data.

II. Analytical Review

1. Products: Toluene market prices were stable from the beginning of the week to the middle of the week. Driven by the drop in oil prices in the latter half of the week, prices began to recover. At present, the mainstream prices in East China are around 5400-5450 yuan/ton. According to the feedback from traders, the shipment is not smooth this week. Compared with last week, port inventory has dropped by nearly 5,000 tons, but it still has 32,000 tons.

2. Industrial chain:

Upstream, crude oil, this week’s strong rebound in oil prices, compared with last week, this week’s spot Brent fell 8.98%, Brent futures fell 7.43%, WTI futures fell 8.09%, Dubai futures fell 5.69%.

Downstream, PX market, downstream PTA by the impact of summer parking overhaul, strengthening PTA goods less favorable, PTA market price is strong; TDI market, East China TDI market inquiries light, real single transaction downturn, follow-up market delivery is the main.

3. Future Market Forecast

Toluene analysts from Business, Social and Chemical Branch believe that next week we need to focus on the US-Iraq situation, the progress of Sino-US trade negotiations, and the fluctuation of demand for crude oil in the global economic outlook. Taken together, the toluene market is expected to continue to pull back slightly next week.

On July 17, the fluorite commodity index was 110.53, unchanged from yesterday, down 13.30% from the cyclical peak of 127.49 points (2019-01-03), and up 124.61% from the lowest point of 49.21 on December 18, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the domestic fluorite price trend is temporarily stable, the average domestic fluorite price is 3150 yuan/ton as of the 18th day. Recently, the domestic fluorite plant started normally, the mine and flotation plant in the field started normally, the supply of fluorite in the field is slightly tight, and the price of hydrofluoric acid in the downstream is rising recently. For the fluorite market, the price trend of fluorite market is on demand. Rise. Recent downstream installation start-up situation is general, fluorite spot supply is normal, terminal downstream pick-up situation improved, resulting in rising market price trend. As of the 18th, the price of 97 fluorite wet powder in Inner Mongolia was 2900-3100 yuan/ton, the mainstream of 97 fluorite wet powder in Fujian was 3000-3300 yuan/ton, the price of 97 fluorite wet powder in Henan was 2900-3200 yuan/ton, and the price of 97 fluorite wet powder in Jiangxi was 3000-3300 yuan/ton. The price trend of fluorite remained high.

The price trend of hydrofluoric acid in the downstream of fluorite is temporarily stable. As of 18 days, the domestic market price of hydrofluoric acid is 12080 yuan/ton. The fluctuation of the market price of hydrofluoric acid has a positive impact on the upstream fluorite market. However, the recent start-up of hydrofluoric acid plant is general. The demand for fluorite has weakened and the price of fluorite has oscillated. Recent downstream refrigerant product installations started 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 trend is stable. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 60%, R22 market facility start-up rate is temporarily stable, the main manufacturer of bulk water out of the factory offer price is between 18,000-19,000 yuan/ton, but the manufacturer does not have bulk water spot, mainly a small number of cylinders shipped. In addition, the actual demand side of the market has not changed much, and the delivery quotation is general. Domestic market price trend of R134a shocks, production enterprises equipment start-up rate remains low, refrigerant market demand is general, manufacturers mainly export. But the on-site transaction price does not change much. Businessmen buy on demand. Generally speaking, the downstream industry is in a general market. In addition, the fluorite market supply is normal. Fluorite prices are stable temporarily. Business analyst Chen Ling believes that the fluorite market price may remain volatile.

Price Trend

According to business association monitoring data, organosilicon DMC rose again this week, up 400-800 yuan/ton. This week, the DMC mainstream offer was raised to 17 200-17 800 yuan/ton, while the real mainstream offer was 17 000-17 500 yuan/ton.

II. Market Analysis

Product: This week, the domestic price of silicone DMC is rising again. The quotation of Shandong province is around 17400-18000 yuan/ton. The quotation of Hubei province is around 17000 yuan/ton. At present, many single enterprises adjust the starting rate. The overall starting rate is reduced to five or six levels. Most enterprises have tight inventory and tight production schedule. Some enterprises began to have equipment maintenance plans in mid-early July.

Industry chain: Influenced by the rise of silicone DMC, the related products of industry chain, such as silicone oil and silica gel, have also increased their quotations. Silica gel enterprises have raised the price of raw rubber and 107 gel slightly. The overall adjustment range is about 300 yuan/ton. The domestic price of silicone oil has increased by 500-1000 yuan/ton. The price of silicone oil in foreign enterprises has been mainly reduced by small and medium margins. The price gap of domestic silicone oil has been reduced.

3. Future Market Forecast

Business analysts believe that: late July or usher in the peak season of silicone DMC industry, downstream demand continues to grow, or prices continue to rise.

On July 15, 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).

Recently, the domestic market price of phthalic anhydride has slightly declined. The market price of phthalic anhydride in eastern China has shocked. The downstream factories are still in need of purchasing. Inventory of factories is still under pressure. High-end transactions are blocked. The mainstream of on-site neighbouring source negotiation is 5900-6100 yuan/ton. The mainstream of naphthalene source negotiation is 5400-5500 yuan/ton. Mainstream quotation ranges from 5900 to 6000 yuan/ton, market prices remain volatile, and the quotation of enterprises is not high downstream, purchasing on demand is the main, wait-and-see mentality is strong, domestic phthalic anhydride plant is stable, phthalic anhydride spot supply is normal, phthalic anhydride price fluctuation.

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 slightly declines. Downstream DOP raw material phthalic anhydride price shocks, isooctanol prices fell, DOP costs fell. DOP price trend is temporarily stable, DOP downstream demand is general, customer purchasing enthusiasm is general, downstream PVC market volatility is stable, DOP market mainstream transaction price is about 7650 yuan/ton, downstream price trend is temporarily stable, and phthalic anhydride market price is expected to remain volatile in the later period.

On July 14, the fluorite commodity index was 110.53, unchanged from yesterday, down 13.30% from the peak of 127.49 points in the cycle (2019-01-03), and up 124.61% from the low of 49.21 points on December 18, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the domestic fluorite price trend is temporarily stable, the average domestic fluorite price is 3150 yuan/ton as of the 15th day. Recently, the domestic fluorite plant started normally, the mine and flotation plant in the field started normally, the supply of fluorite in the field is slightly tight, and the price of hydrofluoric acid in the downstream is rising recently. For the fluorite market, the price trend of fluorite market is on demand. Rise. Recent downstream installation start-up situation is general, fluorite spot supply is normal, terminal downstream pick-up situation improved, resulting in rising market price trend. As of the 15th, the price of 97 fluorite wet powder in Inner Mongolia was 2900-3100 yuan/ton, the mainstream of 97 fluorite wet powder negotiations in Fujian was 3000-3300 yuan/ton, the price of 97 fluorite wet powder in Henan was 2900-3200 yuan/ton, and the price of 97 fluorite wet powder in Jiangxi was 3000-3300 yuan/ton. The price trend of fluorite remained high.

The price trend of hydrofluoric acid in the downstream of fluorite is temporarily stable. As of the 15th day, the domestic market price of hydrofluoric acid is 12080 yuan/ton. The fluctuation of the market price of hydrofluoric acid has a certain positive impact on the upstream fluorite market. However, the recent start-up of hydrofluoric acid plant is general. The demand for fluorite has weakened and the price of fluorite has oscillated. Recent downstream refrigerant product installations started 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 trend is stable. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 60%, R22 market facility start-up rate is temporarily stable, the main manufacturer of bulk water out of the factory offer price is between 18,000-19,000 yuan/ton, but the manufacturer does not have bulk water spot, mainly a small number of cylinders shipped. In addition, the actual demand side of the market has not changed much, and the delivery quotation is general. Domestic market price trend of R134a shocks, production enterprises equipment start-up rate remains low, refrigerant market demand is general, manufacturers mainly export. But the on-site transaction price does not change much. Businessmen buy on demand. Generally speaking, the downstream industry is in a general market. In addition, the fluorite market supply is normal. Fluorite prices are stable temporarily. Business analyst Chen Ling believes that the fluorite market price may remain volatile.