From June 14 to June 18, 2021, the crude benzene market price rose slightly, at 5561 yuan / ton at the beginning of the week and 5601 yuan / ton at the end of the week, with a weekly increase of 1.47%.

Summary of price adjustment of Sinopec’s pure benzene in 2021 (unit: yuan / ton)

Date, adjusted price, adjusted amount

May 7, 7700, + 300

May 10, 8000, + 300

May 12, 8200, + 200

May 24, 7900, – 300

May 28, 7600, – 300

June 4, 7900, + 300

June 11, 7750, – 250

On June 11, 2021, Sinopec’s listed price of pure benzene was reduced by 250 yuan / ton. At present, it implements 7750 yuan / ton, among which Qilu Petrochemical implements 7700 yuan / ton.

This week, the international market of pure benzene was weak, and the crude oil market was strong in the first half of the week. Under the attack of good and bad news, the domestic pure benzene market was stable this week. In terms of port inventory, pure benzene continued to be destocked this week. Under the expectation of tight supply, the price of pure benzene was supported to a certain extent, and the trend of hydrogenation benzene market followed the trend of pure benzene temporarily stable this week. The bidding price of crude benzene enterprises increased slightly this week, and the overall industrial chain is slightly stable.

On the supply side, coking enterprises are affected by environmental protection and maintenance, and the supply is expected to shrink. In terms of industrial chain, the supply of pure benzene market is tight, the profit of downstream industrial chain is limited, and there are some overhauls. The demand for pure benzene and hydrogenated benzene is not enough. It is expected that the price of pure benzene will be stable in the short term. In the case of the overall stable trend of industrial chain, the price of crude benzene is expected to maintain the consolidation trend in the short term.

1、 Price trend

Bromate prices are high, according to data monitoring on the business community’s bulk list. The average price of the market forces in Shandong Province was 45312.5 yuan / ton at the beginning of the week, 45937.5 yuan / ton at the weekend, with the price up 1.38%, and the price rose 65.04% compared with the same period last year. The bromine commodity index, which was 161.18 on June 17, was flat with yesterday, a record high in the cycle, up 173.56 percent from the lowest point of 58.92 on October 29, 2014（ Note: period refers to the period from September 1, 2011 to now

2、 Market analysis

At present, the domestic bromine is high and strong. The main trend of enterprises is 45000-46500 yuan / ton. The overall price of bromate is relatively strong. The bromine market in Shandong Province has been producing under low load for a long time, with the source of goods being more tense, the long-term start of bromine enterprises is insufficient, the bromate production growth is slow, the market supply is relatively tight as a whole, and the downstream flame retardant and intermediate procurement is still available, which supports the bromine price. However, there is a conflict with the long-term rise of bromate, but the overall low price goods are difficult to find, and cannot accept high price Brom.

Raw materials: domestic sulfur market market is running stably temporarily, and refineries in various regions offer stable prices according to their own delivery conditions. At present, the domestic refinery inventory is low, traders enter the market on demand to purchase, and the external price is strong. The downstream phosphate fertilizer performance is stable, there is no intention of low price delivery in the spot market, and the buyer and the seller are mainly waiting. The sulfur market in the future is stable for a while, and the downstream follow-up situation is concerned.

Analysts of business society believe that the overall long-term supply of Brom is insufficient. Now, it is only acceptable for the downstream flame retardant and intermediate industries of brome to support, but they are resistant to high price bromate, but the low price is difficult to find. It is expected that the short-term high-level operation of bromine price will be completed, and the specific market demand in the downstream is seen.

1、 Price trend

According to the bulk data list of business society, the average domestic phosphoric acid price on June 18 was 6000 yuan / ton, down 5.51% compared with the beginning of the week, up 13.56% on a month basis, up 21.21% compared with the same period last year.

2、 Market analysis

After the Dragon Boat Festival, the price of raw material yellow phosphorus has been continuously lowered, which has fallen by about 16% so far. After careful observation in phosphoric acid market, the quotation starts to loosen. The enterprises that closed the market in the early stage have resumed their quotation. The main market price is 5500-6700 yuan / ton, and the higher and lower ones are also available. At present, the cost pressure has been reduced compared with the previous stage. The starting load of phosphoric acid enterprises increases, and the price is reduced accordingly. It is still mainly for old customers. The high price transaction is negative, the waiting mood of the industry is not reduced, and there is still a downward expectation in the short term. According to the monitoring of business agency, as of June 18, Sichuan Province has quoted 5500-5900 yuan / ton, Yunnan Province is about 6600-6700 yuan / ton, Beijing is about 4900 yuan / ton, Hubei is around 6500 yuan / ton, Tianjin is about 6400 yuan / ton, Shandong region is about 6000 yuan / ton, and phosphoric acid prices in various regions have fallen back.

region product Specifications date Price (yuan / ton)

Sichuan area phosphoric acid Industrial grade water purification June 18th 5500-5900

Hubei Province phosphoric acid Industrial grade water purification June 18th six thousand and five hundred

Yunnan Province phosphoric acid Industrial grade water purification June 18th 6600-6700

Jiangsu Province phosphoric acid Industrial grade water purification June 18th 6300-6500

Shandong Province phosphoric acid Industrial grade water purification June 18th 6000-6100

Beijing Tianjin region phosphoric acid Industrial grade water purification June 18th 4900-6400

Phosphate ore, after the Dragon Boat Festival, domestic phosphate rock has been stable in operation. The downward trend of yellow phosphorus Market in the downstream has a certain impact on the trend of the phosphorus ore market. However, some mining enterprises in Hubei Province will also bring positive driving force to the market. Therefore, the analysts of phosphorus ore in business society believe that in the short term, the narrow range adjustment of domestic phosphorite market is mainly focused, and the lower price continues to rise, High end prices continue to remain high.

Yellow phosphorus, the second week of June, Yunnan Province began to start to improve the yellow phosphorus enterprises, the market price of yellow phosphorus began to decline. According to the data monitoring of business society, the reference price of yellow phosphorus was 21000.00 as of June 18, down 16% compared with 25000.00 on June 1

3、 Post market forecast

Phosphoric acid analysts of the chemical branch of business society believe that the price of raw materials has been revised back recently, the pressure on cost side has been reduced compared with the previous period, and the price of phosphoric acid enterprises has gradually loosened, and the trend of raw material prices is still carefully watched. It is expected that the phosphoric acid market will still have a downward expectation in the short term, and the price trend of raw materials should be paid attention to.

Recent trend of sulfuric acid price

As can be seen from the above figure, the distribution price of sulfuric acid in Shandong increased this week, from 540.00 yuan / ton at the beginning of the week to 546.67 yuan / ton at the end of the week, with an increase of 1.24%, 91.81% over the same period last year. Overall, the sulfuric acid market rose this week, with the sulfuric acid commodity index at 85.08 on June 11.

Downstream market boosted, purchasing intention strengthened

From the quotation of manufacturers, the price of mainstream sulfuric acid manufacturers in Shandong Province rose this week, the inventory of manufacturers was general, and the downstream demand was good. Heze Jiangyuan quoted 550 yuan / ton at the weekend, which was temporarily stable compared with the beginning of the week; Zouping Tianlu quoted 440 yuan / ton this weekend, 20 yuan / ton higher than that at the beginning of the week; Jinan Yuanfei quoted 650 yuan / ton, which was temporarily stable compared with that at the beginning of the week.

From the perspective of the upstream and downstream industry chain, the sulfur market in the upstream has risen in recent years, from 1593.33 yuan / ton at the beginning of the week to 1613.33 yuan / ton at the end of the week, an increase of 1.26%, with good cost support. The price of bromine in the downstream market is also rising steadily, from 44000.00 yuan / ton at the beginning of the week to 45312.50 yuan / ton at the end of the week, with an increase of 2.98%, 60.56% over the same period of last year. On the whole, the upstream and downstream products have a positive impact on the price of sulfuric acid this week.

After a small shock up

In the middle of June, the sulfuric acid Market in Shandong may rise slightly. The price of sulfur in the upper reaches has risen slightly recently, and the cost support is good. The price of bromine in the lower reaches has also started to rise. The purchasing enthusiasm of sulfuric acid in the lower reaches has been strengthened, and the product trend has risen under the contradiction between supply and demand. Business community sulfuric acid analysts believe that the short-term Shandong market in the supply and demand and raw materials and other aspects of the impact of sulfuric acid market or small shock rise.

1、 Price trend

According to the data of business club’s block list, the domestic propylene (Shandong) market fell in shock this week, with the price of 8061 yuan / ton at the beginning of the week and 7904 yuan / ton at the end of the week, down 1.94%; June 10 is the weekly low price of 7886 yuan / ton.

2、 Analysis and comment

According to the price chart of the business club, the propylene price in Shandong Province was down first and then up this week. After the rise last week, the price began to fall at the beginning of the week. Now the market turnover has risen to 7600 ~ 8000 yuan / ton, and the mainstream price is about 7900 yuan / ton. June 9 Asian propylene prices fell, bad impact on propylene market. Propylene market inventory is not much, part of the unit maintenance has started, began to quote.

Recently, the international crude oil market continued to rise, with a price increase of 5.15%, which has a certain support for the propylene market.

PP prices fell by 2.92% this week, with little impact on propylene.

Acrylic acid prices remained stable this week, with little impact on propylene.

This week, the market of propylene oxide showed a ladder like decline, with a weekly decline of 6.07%, which had a negative impact on propylene.

Epichlorohydrin market fell sharply this week, with a weekly decline of 17.22%, which had a great negative impact on propylene.

This week, the domestic n-butanol price rose by 2.05%, with limited impact on the propylene market.

This week, the price of isooctanol rose by 7.66%, which was good for propylene market.

Isopropanol prices fell by 1.87 this week, with limited impact on propylene.

This week, the phenol Market Price in East China went down, with a weekly decline of 4.27%, which had a small inhibitory effect on propylene.

This week, the quotation of acetone manufacturers in East China market continued to decline, with a decrease of 2.13%, which also had a greater effect on propylene suppression.

Acrylonitrile market price continued to rise this week, with a weekly increase of 5.17%, boosting the propylene market.

3、 Future forecast

The propylene analyst of Shangshe Chemical Branch said: Overall, the downstream products fell more and rose less, and the downstream demand was weak. After the last wave of rise, the downstream buying was cautious, and the trading became light. Overall, the bad news is dominant, and propylene is expected to fluctuate downward.