According to the monitoring data of business agency, the average price of domestic butadiene production enterprises was 11224 yuan / ton on June 23, up 10.90% month on month and 27.15% year on year. In terms of market price, the mainstream transaction price of butadiene in East China is 11250 yuan / ton; The mainstream transaction price of butadiene in central Shandong is 11350 yuan / ton. The supply side has been supplemented to a certain extent, the demand has remained relatively weak, the market lacks the ability to continue to move, and the short-term market is dominated by shock consolidation.

On June 22, the price trend of domestic ammonium nitrate was temporarily stable. Due to different production fuels, there was a large gap between manufacturers’ quotations. The mainstream price in the on-site negotiation was 4600-5000 yuan / ton, and the price quotation in Hebei was 5200-5300 yuan / ton. Recently, the price of liquid ammonia in the upstream raw material market rose slightly, and the price trend of nitric acid rose. The rising raw material price has a certain cost support for the ammonium nitrate Market, but the sales of the downstream civil explosive industry has come to an end, and the on-site supply of goods has been normal recently, The market price trend of ammonium nitrate is temporarily stable, and it is expected that the price trend will be stable in the later period. The market prices of ammonium nitrate in some domestic regions are as follows:

Region, Price (yuan / ton), Rise and fall (yuan / ton)

Hebei region, 5200-5300., 0

Henan region, 4500-4600., 0

Shaanxi region, 5000-5200., 0

Yunnan region, 2900-3100., 0

Price trend

On the 21st, the propylene market was recently consolidated and operated. The mainstream price of propylene in Shandong was 7900-8000 yuan / ton. On the cost side, the crude oil rebounded after a high decline, which supported propylene fairly well. However, the cost pressure on the downstream, especially polypropylene, remained unabated, the demand was flat, and the start-up was limited. At the same time, other downstream products of propylene performed generally. At the same time, the start-up of propylene in many places was high, and new units were put into operation. The overall market supply exceeded demand. Under the contradiction between supply and demand, the propylene market was in a stalemate.

Forecast: under the influence of long and short factors, it is expected that the propylene market will operate in a narrow range in the near future.

According to the monitoring data of business agency, on June 17, the MTBE price in Shandong was 8787 yuan / ton, up 16.58% month on month and 37.23% year on year. The supply of export goods has increased, and the sales pressure of merchants has increased. The price rises to a high level, and the downstream merchants breed resistance. In addition, the recent increase in spot supply has highlighted the sales pressure of businesses in some regions.

The domestic MIBK market is cold and hard to change. In the early stage, when raw materials continue to rise, the cost side is high. The MIBK market is in a stalemate. This week, the support from the raw material side is weakened, and the market is in a depressed state. The reference price for East China negotiation is 11500-11600 yuan / ton. According to the monitoring data of the business club, the market offer in East China was 11833 yuan / ton on June 10, and 11600 yuan / ton on June 17, a decrease of 1.97% in the week.

The focus of raw acetone market was downward, reaching 5900 yuan / ton through negotiation at the end of the weekend. During the week, the on-site trading was tepid, and the purchasing power of terminal factories was insufficient. In addition, the original continuous decline, the support from the upstream weakened, and the market fell significantly. However, after the market drops to 5850, the terminal may have the intention of low-cost inventory.

Trend chart of average acetone price in East China market

The terminal demand is general, and the downstream orders are mainly for rigid demand. The short-term demand changes are limited, and it is difficult to make major changes in the project cost. The carrier’s operating enthusiasm is general, and the attitude is mainly wait-and-see.

The business agency predicts that the MIBK market will run in shock next week. The fluctuation of raw acetone is limited, and the cost is difficult to change in the short term. At present, the downstream is dominated by rigid demand, which is difficult to fluctuate greatly. The goods holders follow the market and have little enthusiasm for operation