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Views: 0 Author: Site Editor Publish Time: 2023-01-03 Origin: Site
Pure benzene/hydrogenated benzene: morning reminder of today's domestic market
Pure benzenPure benzen
| product | Brief Analysis of Aromatic Products Market | price | Trend Forecast |
| Petroleum benzene/hydrogenated benzene | On the last working day, the domestic pure benzene market price rose, the crude oil price was relatively strong during the day, the downstream styrene price fluctuated, the upstream and downstream support was strong, and the pure benzene was negotiated to rise. | Pure benzene: 6630-6670 | → |
| supply and demand:Hainan refinery and Guangdong petrochemical plants are scheduled to start production in January. The supply of petroleum benzene continues to increase. Some plants for hydrogenated benzene have restarted. On-site supply has increased. | Hydrogenated benzene: 6750-6800 | ||
| predict:The supply of pure benzene is expected to increase, but as the Spring Festival holiday approaches, the downstream begins to stock up sporadically, the overall demand is improving, and there is strong support at the bottom of the price in the market. It is expected that the domestic pure benzene market may remain relatively strong in the future. | |||
| Toluene/Xylene | supply and demand:The warehouses in the main port are sorted out in a narrow range, the downstream buying momentum is average, and the fundamentals of supply and demand are bearish. | Toluene: 6100-6200 | → |
| predict:The rise and fall of crude oil is unstable, and there may be a certain demand for stocking in some downstream parts after the holiday. The market operates on the sidelines. It is expected that the diphenylene market in East China will fluctuate today. | Xylene: 6600-6700 | ||
| Styrene | crude:Russia launched a large-scale air strike, and the net import of crude oil in the United States increased. The international oil price closed up on December 30, external time. WTI in February: 80.26 up 1.86 or 2.37%; Brent changed to March: 85.91 up 2.45 or 2.93%. | 8260-8410 | → |
| cost:The price of pure benzene in the upper reaches of East China rose and closed at around 6630-6670. The overall demand in the downstream near the Spring Festival is improving, and there is strong support at the bottom of the price in the market; Asian ethylene closed at 870 US dollars / ton CFR Northeast Asia. | |||
| supply:The main port inventory of styrene is under pressure, and with the expected release of new domestic production capacity, the supply pressure is difficult to reduce. | |||
| need:The main downstream market of styrene is sluggish. Affected by the holidays of small and medium-sized downstream factories on New Year’s Day, the overall market inquiries are sluggish, and it is difficult to recover the strong demand performance in the early stage in the short term. The overall demand for raw materials is mostly just in demand. | |||
| predict:The guidance on the supply and demand side of styrene is still bearish, and the short-term market may fluctuate in a range. It is also expected to continue to pay attention to the follow-up of styrene terminal demand and the supply of new domestic production capacity for guidance. | |||
| phenol | Last week, the domestic phenol market fluctuated within a narrow range. | 7600-7800 | → |
| supply:The start-up of the industry remained at around 90%, and the increase in port inventory was slightly slow. | |||
| Demand: traditional off-season and weak demand at the end of the year, Market participants' trading sentiment was suppressed. | |||
| predict:Phenol short-term delay finishing situation. | |||
| Acetone/Isopropanol | Last week, the domestic acetone market was weak, and the isopropanol market fell within a narrow range. | Acetone: 5400-5450 | → |
| supply:The acetone port inventory has declined slightly, the supply of goods is concentrated, and the overall change in the supply side of isopropanol has not changed much | Isopropanol: 6750-6800 | ||
| need:The current situation of weak downstream demand is hard to change, and terminal enterprises are not motivated to purchase. | |||
| predict:In the short term, the quotations of acetone manufacturers will fluctuate, and the short-term market may be weak and volatile, and isopropanol may be slightly adjusted and operated under the influence of fluctuations in the raw material end. | |||
| Cyclohexanone | upstream:Pure benzene was listed at 6,500 yuan/ton, and the East China market rose in a narrow range around 6,650. Downstream companies were boosted by pre-holiday stocking, and on-site discussions rose. | 8800-9000 | → |
| need:The demand in the downstream chemical fiber market remains weak, the solvent market maintains on-demand purchases, the continued demand for terminals is flat, and the market demand is dominated by short-term rigid purchases. | |||
| predict:On the whole, there is no favorable support for the supply and demand of the cyclohexanone market in the short term, and the market may fluctuate within a narrow range. It is hoped that we will continue to pay attention to the downstream receiving sentiment and the price trend of related products for guidance. | |||
| Maleic anhydride | upstream:Upstream pure benzene closed at around 6650-6670 in East China, and the price rose; the butane market was around 5100-5200. | 6400-6700 | → |
| supply:In December, the domestic supply of maleic anhydride decreased, major domestic major factories reduced production, Qixiang’s operating capacity was 200,000 tons, Jiangning chemical plant was shut down for annual maintenance, and a maleic anhydride plant in Dalian has been in operation for 10,000 tons. Yongshunda is currently parking this week. | |||
| need:In January, the resin operating rate gradually declined, and the resin operating rate was below 20%. Terminal factories were cautious about purchasing raw materials, and the subsequent operating rate decreased significantly. | |||
| predict:On the whole, the recent domestic maleic anhydride market has been finishing at a low level, trading is weak, the supply and demand pattern of maleic anhydride is both weak, the market sentiment is not good, the liquid market is adjusted within a narrow range, shipments are under pressure, the overall market is flat and stalemate, and the subsequent decline in resins is negative. The raw material market is suppressed, and maleic anhydride continues to be dull and deadlocked. Pay attention to manufacturer pricing and supply and demand performance. |
