Market situation: after the May Day holiday, the port unloading difficulties of phenol Market and the good news of the equipment maintenance and other supply areas were released. The phenol market rose rapidly. At one time, the price in East China rose to 7000 yuan / ton, up 10% in the week after the holiday (as of May 10). However, the demand did not pick up. The market was obviously in conflict with the high price, and the intermediate traders had no intention to participate in it. The market rose sharply The market in East China fell to 6450 yuan / ton and fell rapidly after the sharp rise. For a while, the shipping volume in North China was controlled and the port stock was insufficient after the ship arrived at the port One point five Ten thousand tons, although the import source was supplemented in mid May, the overall phenol supply was still under no pressure. Phenol market rose again at the opening of this week. According to the monitoring of the business association, the listed price of petrochemical manufacturers has remained stable at 6900-7000 yuan / ton. The market offer in East China is 6650-6700 yuan / ton, that in South China is 6850 yuan / ton, and that in Shandong and surrounding Yanshan is 6900-6950 yuan / ton. This week, the market opened up 150-350 yuan / ton.
|PVA 2088 (PVA BP20)|
Analysis and comment: the main raw materials pure benzene and propylene market continued to rise, with strong cost support. First of all, look at the pure benzene market. Sinopec’s price of pure benzene has risen to 3250 yuan / ton. In addition, the sharp rise in crude oil this week has stimulated a good atmosphere for domestic pure benzene negotiation. Some pure benzene enterprises in Shandong have raised their offer again. Up to now, the price of pure benzene is 3200-3650 yuan / ton. The quotation of mainstream factories is as follows: Qilu Petrochemical Company quoted 3200 yuan / ton, Yangzi Petrochemical Company quoted 3250 yuan / ton, Hainan refining chemical company quoted 3250 yuan / ton, Wuhan ethylene company quoted 3250 yuan / ton, petrochemical company quoted 3500 yuan / ton, Beijing Bo petrochemical company quoted 3650 yuan / ton, Dongming Petrochemical Company quoted 3500 yuan / ton, Huifeng petrochemical company quoted 3250 yuan / ton, Jincheng petrochemical company quoted 3500 yuan / ton.
Another important raw material propylene market, the propylene market has maintained a unilateral upward trend since May 1st, and continued to rise steadily. Up to now, the main transactions in the propylene market are more than 6800 yuan / ton, and this month’s cumulative upward trend 15.88% The downstream market of propylene is broad and the plant operation rate is high. The demand for propylene is stable and the purchase is up. The propylene shipment is smooth. The current propylene inventory is still low and short-term Propylene will still maintain a steady upward trend.
The downstream market is firm. One of the important downstream markets, bisphenol a market, is affected by the upstream of the downstream PC, and the major markets are up slightly. The “helmet” policy stimulates the upstream of the PC market. However, the impact on the market of bisphenol A is not obvious, but most traders hold a low price attitude. In terms of bisphenol a plant, Sinopec Mitsubishi plant will restart after shutdown, and other major mainstream plants will not report temporarily The panel is mainly used for downstream devices or for household. At present, the quotation of bisphenol a market in East China is 9700 yuan / ton, the quotation of bisphenol a market in North China is 9800 yuan / ton, and the quotation of bisphenol a market in Huangshan is 9800 yuan / ton. The downstream resin factory is under normal operation, and the quotation of resin is slightly improved.
Future market forecast: in this week’s opening phenol Market, under the favorable situation of tight supply, the holders actively push up the market and gradually increase the offer. The supply pressure of the holders is not great and the mentality is positive. At present, the intermediate traders are cautious in hoarding goods. The terminal factories just need to buy into the main market and the actual transaction is average. The business community expects the phenol Market to steadily push up or consolidate in the short term. The market should pay more attention to the reality It is estimated that the reference offer of East China market is 6750-6800 yuan / ton.