Summary of Domestic Plasticizer Industry Chain and Prospect for Next Week

Crude oil bottomed out, with the capital level loose, chemical products spot synchronization appeared sharply higher. And large chemical trend is different from the cost and supply and demand expectations and other factors, plasticizers and raw materials this week did not follow the large chemical industry continues to be ascribed, and with the profit plate cash, part of the fundamentals to support the weaker products Even once appeared soft. The average price, the biggest increase this week, the product is octanol, the rest were +0.97%, +0.82% and -0.49%.

The following will be a detailed analysis of plasticizers and raw materials market performance this week.

O-benzene: benzene market this week, the overall focus has been higher. According to data monitoring, by the downstream just need to pick up the impact of the terminal ores spot inventory fell slightly to about 61,000 tons. From the level of the terminal inventory point of view, high inventory is still the main problem restricting the market, but the vast majority of the main source of factory supplies, the market can be accounted for less than the flow of concentrated and more concentrated, and thus still give the market a strong controllability. In the downstream just need to release, the market turnover improved, the overall focus on a small shift.

Phthalic anhydride: This week the domestic phthalic anhydride market high callback. Weekly, phthalic anhydride industry, the overall operating load is still low, the market stock supply situation has not been able to effectively alleviate the tension, and the commodity futures market rebound to boost the mentality of the industry, the factory to maintain a very high price, thus giving the market a strong stability. Into the second half of the week, with the downstream plasticizer weak callback, the market waiting to see the atmosphere gradually increased, but also greatly inhibited the market high turnover to follow up the situation in the downstream demand level back pressure, the market weak callback.

Octanol: this week the domestic octanol market big steady small move. This week the domestic scale production enterprises operating rate of 76.9%, the overall level of inventory is low. Zhou early octanol main factory factory price steady, because of its sales pressure is not, so very willing to price is strong. Raw material propylene fell slightly, the cost side to see empty mind, but the overall supply of the factory tight, supply side support is still good, the market long and short game. Near the weekend raw material propylene steady operation, Lubon device restart full load operation.

DOP: DOP market this week, weak weak, as of Friday, the East China market closed to 8000-8100 yuan / ton from the mention, the North market closed to 7850-8050 yuan / ton from the mention, the Guangdong market closed to 8250-8300 Yuan / ton sent around, the average weekly price fell 0.25%, of which North China led by 0.56%. Weekly market steady slightly lower, double raw material consolidation difficult to continue to provide support, the downstream demand layer began to lead the negative market demand, the downstream demand for follow-up downstream, under the pressure of large market prices began to loose, but given the Stage high cost pressure market decline is not big.

Next week forecast: the recent large chemical industry showed a strong short squeeze trend, which rose a larger plastic products. Due to plasticizers and raw materials, the fundamentals of the product fundamentals have emerged a greater degree of release, although the status of large chemical strength of its existence and repair costs and confidence, but the short term the market is also facing a greater degree of demand weakening pressure The Later, as the current round of large chemical rebound and the rebound can continue to continue, then the latter part of the plasticizer chain products are likely to be boosted, but if the expected rebound in large chemical market rebound, the plasticizer chain Will also face a greater risk of being dragged down.