On July 24, the hydrobenzene commodity index was 91.61, the same as yesterday, down 10.20% from the highest point 102.01 in the cycle (2014-01-09), and up 205.47% from the lowest point 29.99 on April 7, 2020（ Note: the period refers to the period from December 1, 2013 to now).

Price rise and fall of main domestic hydrogenated benzene market from July 19 to July 23 (unit: yuan / ton)

Region., Price on July 19., Price on July 23., Weekly rise and fall

East China., 8425。， 8250。，- one hundred and seventy-five

Shandong Province., 8300。， 7950。，- three hundred and fifty

This week (July 19 to July 23), the market price of hydrogenated benzene in Shandong was temporarily stable, at 8300 yuan / ton at the beginning of the week and 7950 yuan / ton at the end of the week, down 350 yuan / ton.

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

Date., Adjusted price., Adjustment amount.,

July 2, 8750., + 300

July 12, 8600. – 150

July 19, 8450. – 150

July 21, 8150. – 300

On July 21, 2021, the listing price of Sinopec’s pure benzene was reduced by 300 yuan / ton. At present, it is 8150 yuan / ton, of which Qilu Petrochemical is 8100 yuan / ton.

This week, the trend of pure benzene market first fell and then rose. The trend of crude oil market in the first half of the week was downward and the price rebounded at the weekend. The pure benzene market closely followed the trend of crude oil this week and mainly operated from weak to strong. The hydrogenated benzene market is affected by the two rounds of Sinopec price adjustment this week, the market mentality is weak, and the overall market is mainly wait-and-see.

In the future, the business agency believes that the recent pure benzene market will be short-term tight due to the weather, the downstream demand will recover to a certain extent, which will support the price of pure benzene. Near the end of the month, the pure benzene market will be stable and upward.

1、 Price trend

According to the bulk data list of business society, on July 22, the average price of domestic hips was 12533.33 yuan / ton, down 0.53% from the beginning of the week and 0.53% from the beginning of the month.

2、 Market analysis

This week, the price of raw material styrene fluctuated, but the market weakened, the cost support was general, coupled with the general demand in the off-season, the hips shipment was poor, the offer of the cargo holder was loose, and there was room for negotiation. At the same time, the early maintenance device was closed, the supply increased, and mixed with bad and bad, the hips price weakened, the benzene inventory was low, and the price was strong. On the whole, the PS market was stable and weak. Up to now, the mainstream price of hips is mostly about 12300-14800 yuan / ton, and the price of benzene is mostly about 10600-11000 yuan / ton. The overall market is stable and partially adjusted.

In the international crude oil market, on July 21, the international oil price rose sharply. The settlement price of the main contract in the U.S. WTI crude oil futures market was reported as $70.32/barrel, up $3.12 or 4.64%, and the settlement price of the main contract in Brent crude oil futures market was reported as $72.23/barrel, up $2.88 or 4.20%. Although US commercial crude oil inventories increased for the first time in eight weeks, market risk index preference improved and oil prices rebounded sharply.

In terms of raw materials, the price of styrene has been lowered recently. The rebound correction after the sharp decline of crude oil and futures, and the cost support still exists. The inventory of domestic enterprises is low and some production is reduced, but new units are put into operation and maintenance units are restored one after another. It is expected that the supply will pick up in the future. The port inventory is low, and some shipments will be delayed next week. If the delivery remains, it is expected to go to the warehouse next week. On the downstream side, the terminal demand was off-season, and the demand for styrene was maintained. At the end of the month, there was a more active replenishment transaction in the bargain hunting market..

3、 Future forecast

The business agency believes that the current off-season demand is limited, there is a certain pressure on enterprise shipments, the offer is loose, and the cost support is general. It is expected that the hips market will be stable and weak in the short term.

1、 Price trend

According to the price monitoring of business society, on July 23, the average price of salicylic acid (industrial grade) mainstream manufacturers was 14666.67 yuan / ton, an increase of 2.92% over the beginning of the month, which was the same as that of the same period last year.

2、 Market analysis

The salicylic acid market operated steadily this week, the enterprise price adjustment was not much, some were adjusted in a narrow range, the manufacturer’s production and sales were relatively balanced, the overall market fluctuation was not obvious, and the stable price shipment was the main. At present, the raw material phenol fluctuates, has an upward performance, and the cost support is still in. The salicylic acid manufacturers are fully open, the shipment is smooth, and the mentality of the operators is mostly peaceful. As of July 23, the quotations of salicylic acid industrial enterprises are mostly in the range of 12000-15500 yuan / ton, pharmaceutical enterprises are mostly in the range of 23000-26000 yuan / ton, sublimation enterprises are mostly in the range of 17200-20000 yuan / ton, and there are few changes in salicylic acid at all levels.

In terms of raw materials, the domestic phenol market operates in shock, there is a slight stalemate in the field, and the fundamentals change little. The negotiation atmosphere in the field is weak, and the goods holders are in the mood of stabilizing the price. However, the replenishment mood of the terminal factory is poor, the buying gas is not high, and the just need to follow up is mainly. The transaction is flat. The business society expects that the domestic phenol Market is weak today, and the market is expected to negotiate at 8900-9000 yuan / ton.

3、 Future forecast

Salicylic acid analysts of the business agency believe that at present, the price of raw materials fluctuates, the cost support is OK, and the manufacturers’ shipment is smooth and the production and sales are relatively balanced. It is expected that the salicylic acid market will continue to be stable in the short term.

According to the monitoring data of the business news agency, the external price of ethylene has risen slightly in the near future. The average price of ethylene on the 21st was US $1051.50/ton, and the average price of ethylene on the 22nd was US $1052.75/ton, up 0.12%. The current price has increased by 2.58% on a month on month basis, and the current price has increased by 41.64% on a year-on-year basis.

In the near future, the overall external ethylene market is on the rise. The price of ethylene market in Asia was stable. As of the 22nd, CFR closed at US $1001-1011 / T in Northeast Asia and US $966-976 / T in Southeast Asia. As of the 22nd, the price center of ethylene market in Europe moved up, with FD closing at US $1160-1170 / T in northwest Europe and CIF closing at US $1063-1071 / T in northwest Europe. The price of ethylene in the U.S. is stable. As of the 22nd, the price is 1045-1062 US dollars / ton. Recently, the market of ethylene in the external market has been fluctuating and rising. The price of ethylene in the U.S. has increased a lot in the early stage and is relatively stable in the near future. Generally speaking, the external market demand of ethylene is good, the buying atmosphere is active, the transaction is good, and the focus of ethylene market is moving up.

International: on July 21, the international oil price rose sharply. The settlement price of the main contract in the U.S. WTI crude oil futures market was US $70.32/barrel, up 3.12 US dollars or 4.64%. The settlement price of the main contract in the Brent crude oil futures market was US $72.23/barrel, up 2.88 US dollars or 4.20%. Although US commercial crude oil inventories increased for the first time in eight weeks, market risk index preference improved and oil prices rebounded sharply.

The price of styrene has been lowered recently. Crude oil, futures rebounded after the correction, cost support still exists. The inventory of domestic enterprises is low, and some of them have reduced production. However, new devices have been put into operation and maintenance devices have been restored. It is expected that the supply will pick up in the future. Port inventory low, benzene week part of the cargo delay, if pick up to maintain, expected to go to the warehouse next week. At the end of the month, more active replenishment transactions appeared in the bargain hunting market.

Ethylene analyst of business society chemical branch thinks: at present, in terms of crude oil, the consumption of refined oil in the United States is fast, the market demand is good, and there is still room for crude oil to rise. Therefore, the data analysts of business agency expect that the external price of ethylene will mainly rise next.

1、 Price trend

According to the data of the large scale list of business agencies, the average price of domestic liquid caprolactam on July 12 was 14600 yuan / ton, and that of domestic liquid caprolactam on July 18 was 14600 yuan / ton. Caprolactam prices are stable this week.

2、 Market analysis

As of July 18, Nanjing Oriental caprolactam liquid price was 15400 yuan / ton, 400000 tons / year unit was normally started and caprolactam unit was in normal operation. The price of caprolactam liquid of Sinopec is 15000 yuan / ton. The liquid price of Baling Hengyi caprolactam is 15000 yuan / ton, and the 450000 T / a unit is normally started and accepted to be delivered. The price of caprolactam liquid of Baling Petrochemical is 15000 yuan / ton, and the 300000 t / a unit is normally started and accepted to be delivered. The price of caprolactam liquid in Shandong Luxi Chemical Industry is 14200 yuan / ton, and the factory has a capacity of 300000 tons. The actual transaction can be discussed.

The price of raw materials of pure benzene fell in a volatile manner this week, with the price of pure benzene at 8400-8750 yuan / ton (average price of 8630 yuan / ton) on July 12, and that of pure benzene at 8400-8600 yuan / ton (average price of 8530 yuan / ton) on July 18, and the average price fell 100 yuan / ton, down 1.16% compared with last week; It was 171.66 per cent higher than the same period last year.

3、 Future forecast

Analysts of caprolactam in business society believe that the market of caprolactam is weak because of the recent price reduction of raw materials, insufficient cost support for caprolactam, and the decrease of terminal demand. It is expected that the price of caprolactam will be weak and stable in the short term.