The hottest in-depth analysis of the weekly market

In depth analysis of the weekly market of liquid chemical industry

1. International market: under the impact of weak downstream demand and ocean going goods, styrene, ethylene glycol, diethylene glycol, toluene and xylene fell by $50, 70, 70, 5 and 10 per ton respectively this week, at $975, 680, 670 (CFR), 635 and 570 per ton (FOB Korea) (equivalent to RMB 9760, 6868, 6767, 6414 and 5757 per ton)

one week trend chart of international liquid chemical industry market

2. Domestic market

(1) one week market analysis: A, toluene, xylene: under the influence of the arrival of more imported resources and the continuous decline of external prices, petrochemical enterprises frequently reduce the ex factory price of products. This week, the market conditions in East and South China softened and the price fell, especially toluene fell sharply, with a decrease of 400 yuan/ton before the plastic profile was extruded; Xylene fell by 100 yuan/ton, of which toluene and xylene in South China were 6700 yuan and 6000 yuan/ton respectively; The prices of toluene and xylene in East China are 6350 and 5850 yuan/ton. Styrene: affected by the arrival of a large number of imported resources, the setback of the outer disk price and the continuous sluggish downstream demand, as well as the withdrawal of downstream manufacturers and the low-cost dumping of traders, the market situation in East and South China continued to be depressed this week, with prices plunging by yuan/ton, at 9350 (East China) and 10100 yuan/ton (South China). C. Ethylene glycol and diethylene glycol: under the impact of imported resources and the continuous decline of external market prices, downstream demand has weakened, and traders' and downstream manufacturers' interest in purchasing has declined. This week, the market situation of ethylene glycol and diethylene glycol in East and South China continued to be sluggish, and the prices continued to hit new lows, of which the price of ethylene glycol was 7000 (the investment in East China will reach millions of yen) -7300 yuan/ton (South China); The diethylene glycol market is 6950 (East China) -7400 yuan/ton (South China)

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

regions

styrene

ethylene glycol

diethylene glycol

toluene

xylene

South China

7700

7500

6800

6000

East China

7300

6950

6500

5900

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

(2) market forecast for next week: A. toluene and xylene: at present, there is a new round of cold wave in the market in East and South China, affected by the falling prices of pure benzene, crude oil and ethylene and the weak downstream demand, as well as the impact of the continuous decline of the outer disk of toluene and xylene and the increase of imported resources. Therefore, next week's market trend: overcast. B. Styrene: due to the continuous record low prices of pure benzene and ethylene monomers, the outer disc price of styrene has been falling and the downstream demand has weakened. As the ultra-low emission of domestic automotive interior, plastic plastic can be cleaned TM (TVOC ≤ 10 μ Under the influence of suppliers of gc/g), traders' desire to sell goods at low prices for cash out has increased, and downstream manufacturers have retreated into China. Wooden bags pretend to be one of the main carriers of foreign pests introduced into China, and raw material prices continue to fluctuate frequently. Therefore, the market trend next week: oscillation and decline. C. Ethylene glycol and diethylene glycol: due to the impact of the decline in the external price and the weakening of downstream demand, as well as the impact of low-cost imported resources and the impact of downstream manufacturers' withdrawal, some traders still hope to attract goods after the price falls in place. Therefore, the market trend next week: the ethylene glycol and diethylene glycol markets continue to decline slightly

(3) production situation of domestic and foreign petrochemical enterprises: A. domestic: Fushun Petrochemical Ethylene glycol unit was overhauled for 20 days on April 20; Tianjin ethylene glycol plant will be overhauled for 30 days in late May; Yanshan Petrochemical Ethylene glycol unit was overhauled for days in June; Yangzi Petrochemical butadiene plant shut down for one month on April 8. Abroad: petrochemical enterprises have normal production

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