Recent trend of sulfuric acid price

As can be seen from the above figure, the distribution price of sulfuric acid in Shandong increased this week, from 540.00 yuan / ton at the beginning of the week to 546.67 yuan / ton at the end of the week, with an increase of 1.24%, 91.81% over the same period last year. Overall, the sulfuric acid market rose this week, with the sulfuric acid commodity index at 85.08 on June 11.

Downstream market boosted, purchasing intention strengthened

From the quotation of manufacturers, the price of mainstream sulfuric acid manufacturers in Shandong Province rose this week, the inventory of manufacturers was general, and the downstream demand was good. Heze Jiangyuan quoted 550 yuan / ton at the weekend, which was temporarily stable compared with the beginning of the week; Zouping Tianlu quoted 440 yuan / ton this weekend, 20 yuan / ton higher than that at the beginning of the week; Jinan Yuanfei quoted 650 yuan / ton, which was temporarily stable compared with that at the beginning of the week.

From the perspective of the upstream and downstream industry chain, the sulfur market in the upstream has risen in recent years, from 1593.33 yuan / ton at the beginning of the week to 1613.33 yuan / ton at the end of the week, an increase of 1.26%, with good cost support. The price of bromine in the downstream market is also rising steadily, from 44000.00 yuan / ton at the beginning of the week to 45312.50 yuan / ton at the end of the week, with an increase of 2.98%, 60.56% over the same period of last year. On the whole, the upstream and downstream products have a positive impact on the price of sulfuric acid this week.

After a small shock up

In the middle of June, the sulfuric acid Market in Shandong may rise slightly. The price of sulfur in the upper reaches has risen slightly recently, and the cost support is good. The price of bromine in the lower reaches has also started to rise. The purchasing enthusiasm of sulfuric acid in the lower reaches has been strengthened, and the product trend has risen under the contradiction between supply and demand. Business community sulfuric acid analysts believe that the short-term Shandong market in the supply and demand and raw materials and other aspects of the impact of sulfuric acid market or small shock rise.

1、 Price trend

According to the data of business club’s block list, the domestic propylene (Shandong) market fell in shock this week, with the price of 8061 yuan / ton at the beginning of the week and 7904 yuan / ton at the end of the week, down 1.94%; June 10 is the weekly low price of 7886 yuan / ton.

2、 Analysis and comment

According to the price chart of the business club, the propylene price in Shandong Province was down first and then up this week. After the rise last week, the price began to fall at the beginning of the week. Now the market turnover has risen to 7600 ~ 8000 yuan / ton, and the mainstream price is about 7900 yuan / ton. June 9 Asian propylene prices fell, bad impact on propylene market. Propylene market inventory is not much, part of the unit maintenance has started, began to quote.

Recently, the international crude oil market continued to rise, with a price increase of 5.15%, which has a certain support for the propylene market.

PP prices fell by 2.92% this week, with little impact on propylene.

Acrylic acid prices remained stable this week, with little impact on propylene.

This week, the market of propylene oxide showed a ladder like decline, with a weekly decline of 6.07%, which had a negative impact on propylene.

Epichlorohydrin market fell sharply this week, with a weekly decline of 17.22%, which had a great negative impact on propylene.

This week, the domestic n-butanol price rose by 2.05%, with limited impact on the propylene market.

This week, the price of isooctanol rose by 7.66%, which was good for propylene market.

Isopropanol prices fell by 1.87 this week, with limited impact on propylene.

This week, the phenol Market Price in East China went down, with a weekly decline of 4.27%, which had a small inhibitory effect on propylene.

This week, the quotation of acetone manufacturers in East China market continued to decline, with a decrease of 2.13%, which also had a greater effect on propylene suppression.

Acrylonitrile market price continued to rise this week, with a weekly increase of 5.17%, boosting the propylene market.

3、 Future forecast

The propylene analyst of Shangshe Chemical Branch said: Overall, the downstream products fell more and rose less, and the downstream demand was weak. After the last wave of rise, the downstream buying was cautious, and the trading became light. Overall, the bad news is dominant, and propylene is expected to fluctuate downward.

1、 Domestic sodium pyrosulfite price trend chart

According to the monitoring of business news agency, the domestic price of sodium pyrosulfite rose again this week. The average price of industrial grade sodium pyrosulfite was 1983.33 yuan / ton at the beginning of the week, and 2016.67 yuan / ton at the end of the week, up 1.68% in the week.

2、 Market analysis

Affected by the continuous high cost of raw materials, some enterprises raised the ex factory price again this week, which led to the domestic price of sodium pyrosulfite rising again this week. The market price range of industrial grade sodium pyrosulfite is 1800-2200 yuan / ton, most of which are concentrated in 1850-2000 yuan / ton. The cost and price of raw materials continue to increase, the supply of sodium pyrosulfite is tight, and the enterprises mainly complete the orders of old customers（ The above prices are quoted by domestic mainstream enterprises, and some enterprises not quoted are not within their scope. The prices are for reference only, and have nothing to do with the final pricing of manufacturers. For details, please contact each manufacturer for consultation).

From the beginning of June to now, the domestic soda price has risen slightly, down by 2.60%, the sulfur price has continued to rise, up by 17.72%, the upstream raw material price continues to be high, and the raw material cost continues to be high, which will further support the future market price of sodium pyrosulfite.

3、 Future forecast

Analysts from business news agency believe that the raw material cost continues to be high and the overall spot supply is tight. Supported by the cost and demand, it is expected that the domestic sodium pyrosulfite market price will still have some room for recovery in the short term.

1、 Price trend

(Figure: p-value curve of diethylene glycol product)

According to the business news agency, on June 10, the average p value of diethylene glycol market price was 6543.33 yuan / ton, down 300 yuan / ton from the beginning of the month, a decrease of 4.38%.

In the first ten days of June, the price of diethylene glycol decreased slightly. The ex factory quotation of Sinopec in North China decreased by 300 yuan / ton, and that of Sinopec in South China decreased by 200 yuan / ton.

2、 Analysis of influencing factors

In terms of inventory, as of June 7, the total inventory of diethylene glycol in the main ports of East China was 13800 tons, down 443000 tons or 24.3% from last Monday. Last week, 5000 tons of export orders were completed, and this week, 3000 tons of export orders are expected to be completed.

In terms of equipment, the newly added equipment in the domestic diethylene glycol market, phase II of Zhejiang Petrochemical Project, is about to be put into operation, and is expected to ship in mid June. After the new unit is put into operation, the shortage of inventory can be relieved.

3、 Analysis and forecast

The weak market of the downstream unsaturated polyester resin industry continues. Seasonal factors affect the reduction of terminal orders. Most of the downstream purchasers are wait-and-see, and the overall market enthusiasm is not high. As the off-season approaches, the downstream operating rate slows down. At present, the market is affected by weak demand, the overall weak and stable operation, diethylene glycol weak shock market or will continue.

Trade name: SBR 1502

Latest price (June 9): 12158 yuan / ton

Analysis points: according to the monitoring of business society, the domestic SBR price was 12158 yuan / ton on the 9th, down 0.14% from the previous day.

Since early May, natural rubber has entered the falling channel again, and the price has fallen below 13000 yuan / ton, which has made the whole rubber market atmosphere empty. According to the monitoring of the business association, as of June 9, the price of natural rubber was 12850 yuan / ton.

Since June, the factory price of petrochemical manufacturers has been greatly reduced by 800 yuan / ton, and the low price of the offer is adjusted. According to the monitoring of the business society, the price of the ghihua butanobenzene of CNPC Northeast sales branch was 11900 yuan / T as of June 9, and the price of Northeast warehouse was raised.

Although butadiene raw materials rose, styrene prices fell, and cost side support was weaker than that in the early stage. According to the monitoring of business society, as of June 9, styrene price was 9300 yuan / ton, down 3.79% from the beginning of the month; As of June 9, the price of butadiene was 8163 yuan / ton, up 9.44% from the beginning of June.

The forecast of future market: the effect of gum on the sky is strong; In addition, the plans for the restart of SBR units such as Yangtze and Fushun, and the increase of supply surface pressure, it is expected that the SBR will continue to be weak in the later period.