The hottest petrochemical market is stable, and on

2022-09-21
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The petrochemical market is stable, and only aromatics commodities are difficult to improve.

it has been more than half of 2016. Looking at the domestic petrochemical market in 2016, it can be described as ups and downs. On the whole, the current price trend belongs to the consolidation stage. 201ZL. The pull rod fixing device of x 1 two plate injection molding machine at the beginning of June, the international crude oil price repeatedly hit new lows, but since March, the crude oil price has risen steadily. The price of petrochemical products is strongly and positively correlated with the crude oil price, and the market has rebounded to a certain extent. Then the crude oil price has formed resistance between them, and the rise is difficult to continue. As of last Friday (June 17), crude oil closed up $1.94, or 4.20%, to $48.28/barrel. Investors resumed buying risky assets because of the weakening dollar and the weakening of concerns about brexit. US oil fell 3.16% in the previous trading day, with today's increase exceeding yesterday's decline, but crude oil prices fell on a weekly basis, as they fell for four consecutive days from Monday to Thursday. At the same time, ice Brent crude oil for August 2020 is expected to reach 70.8 million tons, and the price of the goods closed up $2.18, or 4.62%, at $49.37/barrel. The price of petrochemical commodities has also stabilized, taking aromatic hydrocarbon commodities as an example, the market is difficult to improve

pure benzene

the price of pure benzene fell on the first trading day after the Dragon Boat Festival, and the domestic pure benzene market has been stable since then. At present, the ex factory price of domestic pure benzene remains at 4800 yuan/ton, and the atmosphere in the venue is weak. On the 16th, in the Asian pure benzene market, FOB Korea rose $9 to $per ton, FOB Southeast Asia rose $9 to $per ton, and CFR China rose $6 to $per ton. At present, the pure benzene market is supported by the low port inventory, the price is relatively stable, the market lacks clear information guidance, and the buyers and sellers are cautious in trading

in the industrial chain, the international oil price fluctuated, but the trend of first restraining and then rising did not pose a great threat to the market

in the downstream, the styrene market is weak, so it is difficult to have a large rise or fall in the short term, and maintain a weak market. The phenol Market finished in a narrow range this week, and prices in some regions fell. Both buyers and sellers had bearish expectations for the future market. 3D printing: degradable plastics become a new favorite

last week, the market trend of pure benzene was stable. Due to the adverse factors of crude oil, the price was reduced. However, with the gradual reduction of risk, why did the field operator's tensile testing machine slip in the early stage, there were few inquiries, and the cold negotiation atmosphere may be improved. In addition, at present, the quotation of pure benzene traders is stable, and there are few low-cost sources on the floor. The hydrogenated benzene market is supported by costs to stop falling and maintain stable operation. Pure benzene may rise steadily

styrene

last week, the mainstream market price of styrene in China was consolidated, the price trend of styrene fell after rising, the news of the peripheral market was weak, the trend of Styrene Market in different places was divergent, and the future prospect was difficult to see. As of the weekend (June 17), the price in East China was about yuan/ton, and the market price in South China was about yuan/ton. Affected by the overhaul of large devices, the market supply in North China was tight, and the market price was about yuan/ton

in terms of industrial chain, the peripheral information of upstream crude oil is weak, lacking effective impact guidance, the prices of pure benzene and ethylene stabilized after falling, the cost pressure was reduced, and the price adjustment space of enterprises was expanded; Downstream enterprises, temporarily maintaining rigid demand, continue to bear the dual pressure of cost and terminal sales, and less spot procurement. The downstream ABS and EPS prices were mainly driven by the price of styrene raw materials, but the supply and demand deadlock was not broken, and the market fell

as the domestic oil price first fell and then rose, the influence of the external market on the petrochemical market gradually disappeared. Domestic production enterprises reduced their quotations in part this week, and the merchants participating in the market were cautious. The situation of the aggravation of the wait-and-see atmosphere may not recur. According to the current market situation, the cost of styrene is stable, the downstream terminal digestion is under pressure, and the market supply and demand stalemate is difficult to change. There is no bright spot in the styrene market as a whole. It is expected that the styrene price will be stable and small under the guidance of low demand next week, and will be based on consolidation

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