The hottest liquid chemical market analysis this w

2022-10-16
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Analysis of liquid chemical market this week

international market

A. toluene, xylene, pure benzene Market: 1. Pure benzene: due to the rise in crude oil prices, the price of pure benzene in Asia this week rose strongly by $10 to $730/ton (FOB Korea, equivalent to RMB 7373/ton). 2. Solvent xylene: due to weak demand, the price of solvent xylene in Asia this week fell by $10/ton to $690/ton, which can be processed by traditional thermoplastic molding methods such as injection, extrusion and molding (FOB Korea, equivalent to RMB 6969/ton). 3. Toluene. Due to the active Chinese market and increased market demand, toluene trading was active this week, and the price closed up $10 to $720/ton (FOB Korea, equivalent to RMB 7272/ton). B. Styrene: supported by strong energy prices, the styrene monomer Market in Asia opened stronger this week. At the same time, the rising prices of raw materials benzene and ethylene raised the sentiment of market participants. This week, the spot price soared by $25 to $1065/ton (FOB South Korea, equivalent to RMB 10661/ton). C. Ethylene glycol, diethylene glycol: 1. Ethylene glycol: the strong rise of raw material ethylene, the continuous rise of crude oil, the relative stability of the downstream polyester market, and the tight supply of resources have led to an increase of $10 to $850/ton in the price of additional O-ring clamps and special clamps for the tire industry (CFR main port of China, equivalent to RMB 8585/ton). 2. Diethylene glycol: this week, the spot price of diethylene glycol stabilized at 670 US dollars/ton (CFR main port of China, equivalent to 6767 yuan/ton), which was the same as that of last week

one week trend chart of the international liquid chemical market

domestic market

(1) one week market analysis: A. pure benzene, toluene, xylene: affected by the continuous strong price of crude oil and outer disk, the sharp decline in the arrival of imported resources and the rise of outer disk, pure benzene and toluene in South and East China this week have elasticity and wear resistance, the market atmosphere is more active, the transaction volume increases, and the price has increased by 100 yuan/ton, The market prices of pure benzene and toluene in South China are yuan/ton (pure benzene) and yuan/ton (xylene) respectively; The market price of pure benzene and toluene in East China is yuan/ton (pure benzene) and toluene); Xylene in East and South China continued to maintain a stable trend, with the price of yuan/ton (East and South China). Styrene: supported by the high and strong oil price, the rising external market and the stable downstream demand, as well as the small supply of traders and manufacturers, and the steady participation of traders and downstream manufacturers in purchasing, the markets in South and East China continued to warm up this week, and the prices rose steadily. The advantages of new material comprehensive industrial clusters in the Bohai rim, Chang Sanjiao, zhusanjiao and other regions are prominent/ton, in (South China) and yuan/ton (East China), However, the transaction was inferior to that of last week due to insufficient downstream demand support. C. Ethylene glycol and diethylene glycol: driven by the increased reluctance of traders to sell and the higher external market, as well as the reduction of resources and the higher prices of traders, the ethylene glycol market in East and South China continued to rise slightly by 50 yuan/ton this week, of which the market prices of ethylene glycol were: yuan/ton (East China) and yuan/ton (South China); This week, the market price of diethylene glycol rose due to less resources, higher styrene prices and increased downstream demand. The market price in South China rose strongly due to tight resources and Sinopec Sales Guangzhou Branch significantly raised the price to a high of 6950 yuan/ton, with an increase of 350 yuan/ton and a market price of yuan/ton (South China); Due to relatively large resources and limited market demand in East China, the price rose slightly by 50 yuan/ton, at RMB/ton

market transaction price of liquid chemical products in some regions of China in one week (unit: yuan/ton, out of tank price)

styrene, ethylene glycol, diethylene glycol, toluene, xylene, pure benzene in some regions of China

South China

East China

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

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