According to the data of the business club’s block list, boric acid prices continued to rise this week. On June 18, boric acid prices were 4600-5250 yuan / ton (average price 4820 yuan / ton), and on June 24, boric acid prices were 4850-5300 yuan / ton (average price 4980 yuan / ton), with an average price increase of 160 yuan / ton or 3.23% compared with last week.

Boric acid prices continued to rise after finishing slightly this week. At present, the price of upstream basic raw materials is rising, the cost is under pressure, and the pressure of production enterprises is greater. Some enterprises carry out limited order, a single discussion. The shortage of imported boric acid is also the reason for the price rise of domestic boric acid. Some domestic factories have begun to list.

According to the data monitoring of the business association, the boric acid prices of some enterprises in the near future (for reference only, the actual transaction prices of different brands, different specifications and products are mainly negotiated)

Boric acid analysts of business news agency believe that in the recent period of boric acid price fluctuation, due to various reasons such as raw material prices, production orders of enterprises, and tight import sources, it is expected that the boric acid market will fluctuate at a high level in the short term. It is suggested that buyers just need to purchase, and more attention should be paid to market information guidance.

Recently, the price of domestic refined oil has increased significantly. The price of domestic 92 gasoline reached 7932.6 yuan / ton, up 4.62% in June. The price of domestic 0 diesel oil was 6367 yuan / ton, up 4.15%. It mainly promoted the increase of consumer demand. In addition, the price of upstream crude oil has been greatly boosted. With the implementation of consumption tax on light circulation, mixed aromatics and other oil blending raw materials, multiple benefits have been superimposed, Domestic oil product prices have risen.

In June, the price of gasoline and diesel still went up in Shandong Province, which was supported by the market. However, the overall price level is on the high side, and the acceptance of the middle and lower reaches is not high. In June, with the implementation of consumption tax on light circulation, mixed aromatics and other oil blending raw materials, the refined oil market was supported by certain advantages, and the price of diesel oil rose by a large margin. However, with the completion of summer harvest in the north, the rainy season in the south is coming. At present, the domestic weather is mainly hot and rainy, and the start-up of industrial and mining industries abroad is limited, so the diesel oil continued to rise weakly. The price trend of crude oil market has risen sharply. In addition to the good trading situation in the market, the price trend of refined oil has risen.

Crude oil: in June, the price of crude oil rose sharply. After the acceleration of vaccination in many countries, the epidemic situation in India also showed an obvious inflection point. With the rapid recovery of crude oil demand, the price of crude oil showed a strong upward trend, once rising to the highest level in 32 months. As of Tuesday, the settlement price of the main contract in the U.S. WTI crude oil futures market was at US $72.85/barrel, while the settlement price of the main contract in Brent crude oil futures market was at US $74.81/barrel. The rising price of crude oil market has formed a certain cost support for the domestic oil product market, and the domestic cost has a rising trend.

The supply and demand side of refined oil is good: in the second quarter, some maintenance units of atmospheric and vacuum distillation were restarted, the operating rate of refineries rose, the supply side increased from where it was, but the demand also increased accordingly. In terms of gasoline demand, the domestic temperature is appropriate, the travel radius of the public has increased, and there is a certain demand for goods preparation and storage in the market. In terms of diesel oil, the summer harvest in northern China has started one after another, the agricultural oil consumption may increase gradually, the demand for diesel oil in engineering infrastructure, logistics and transportation industries continues to pick up, and the terminal demand for diesel oil has strong support. Positive demand superimposed, domestic oil prices continued to rise.

Recently, the average start-up load of atmospheric and vacuum distillation units in domestic main refineries is about 78%. In June, the main refineries resumed work, the number of refineries increased, and the supply side increased.

Chen Ling, an oil products analyst at the business club, believes that the recent international crude oil price is favorable. June is in the traditional peak oil consumption season in the United States. In addition, the epidemic situation has been alleviated to some extent, and there is a certain cost support for international crude oil. However, the domestic product oil price is at a high stage, and downstream users have a certain resistance to high prices, so there is a great pressure to continue to rise sharply, There is little room for price increase in the later stage.

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.