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.

According to the data of the business club’s block list, as of July 20, the average price of acrylic acid in East China was 12533.33 yuan / ton, up 5.04% compared with July 11 and 17.13% compared with June 20.

Acrylic acid market rose steadily in early July, up 5%. In the middle of the year, acrylic acid market continued to rise, and the market continued to rise slightly on the 20th. The industry’s inventory is low, the spot supply in the market is tight, the focus of market negotiation is steadily rising, and the downstream is mainly purchasing on demand, and the market atmosphere is acceptable.

Upstream propylene, according to the bulk list data of business society, as of July 19, the reference price of propylene was 7673.09, up 0.36% compared with the previous trading day. The downstream procurement enthusiasm was ok, and the market rose slightly.

Acrylic acid analysts of business news agency believe that at present, the upstream propylene price is relatively strong, and the cost support is strengthened. The downstream rigid demand procurement is mainly supported by the tight supply. It is expected that the acrylic acid market will be strong in the short term, and more attention should be paid to the market information guidance.

1、 Price trend

According to the monitoring data of the business community, the average price of EPS ordinary material was 10800 yuan / ton at the beginning of this week, and 10800 yuan / ton at the weekend, which was stable, up 33.33% compared with the same period of this year.

2、 Market analysis

At present, the domestic EPS market fluctuates slightly, and the overall price is stable. Crude oil rose first and then fell, supported by pure benzene price, styrene rose slightly. The central bank’s RRR reduction led to the strengthening of styrene night market. Some terminals entered the market for replenishment at the weekend. In addition, styrene stopped falling and rebounded, and some markets increased volume again. The overall turnover increased month on month in the week.

As of July 15, Jiangsu’s common material was 10600 yuan / ton, stable on a month on month basis, while the resistance fuel was 11100 yuan / ton, stable on a month on month basis. On the supply side, some parking EPS devices may restart next week, and the production is expected to increase slightly next week.

3、 Future forecast

On the cost side, crude oil storage and production increase expectations, macro support or weakening, plus pure benzene or loosening, hard glue demand off-season, demand side, household appliances demand is difficult to improve significantly, insulation wall demand is general, EPS market is expected to weaken slightly next week.

According to the monitoring data of the business agency, as of July 16, the reference ex factory price of domestic industrial grade propylene glycol was 17566 yuan / ton, which was increased by 1500 yuan / ton, or 9.34%, compared with July 1 (reference price of propylene glycol was 16066 yuan / ton).

Since the first ten days of July, the domestic propylene glycol market has risen as a whole. The main reasons for the sharp rise in the market price of propylene glycol are as follows:

On the supply side, at the beginning of July, the factories in Shaanxi and Shandong were shut down for maintenance. The spot supply of propylene glycol in the yard was reduced, and the transaction atmosphere of propylene glycol was rapidly warming under the low inventory. Therefore, the market price of propylene glycol ushered in a sharp rise.

On the demand side, after the reduction of market supply, the fear of rising sentiment in the downstream increased, the downstream took goods actively, and the demand for propylene glycol increased. Supported by both supply and demand, the domestic market price of propylene glycol continued to rise. By the 16th, the average price of propylene glycol had risen to 17566 yuan / ton. Compared with the beginning of July, the average price had risen by 1500 yuan / ton, with an overall increase of 9.34% in early July.

In terms of upstream propylene oxide, in July, propylene oxide continued its rising trend in late June and rose slowly. Since the 5th, propylene oxide manufacturers have no pressure, downstream polyether orders have increased steadily, and prices have risen. The middle and lower reaches just need to follow up steadily, and the market has no pressure to push up. At present, the market supply is tight, the downstream follow-up performance is positive, and the market continues to rise. As of July 16, the reference price of propylene oxide was 17700 yuan / ton, up 18.79% compared with 14900 yuan / ton on July 1.

Future market analysis of propylene glycol

At present, the overhaul of propylene glycol plants has been completed one after another, and the supply side has gradually returned to normal. Under the high price, the downstream demand will continue, and the trading atmosphere may weaken. However, in terms of cost, the price of propylene oxide has risen sharply recently, which gives strong support to the cost of propylene glycol, Domestic propylene glycol market will be high consolidation operation.

On July 15, the closing price of 2109, the main contract of petroleum asphalt futures, was 3218 yuan / ton, down 6.02%. According to the monitoring data of business news agency, as of July 15, the average spot price of domestic asphalt was 3476 yuan / ton, with a month on month increase of 3.57% and a year-on-year increase of 39.07%.

On July 15, the closing price of 2109, the main contract of petroleum asphalt futures, was 3218 yuan / ton, down 6.02%. Affected by the sharp drop in international crude oil prices and weak fundamentals, the price of asphalt futures fell sharply, the overall market was slightly depressed, and there were more futures selling. In terms of spot goods, the domestic asphalt market is slightly divided. The supply in Northeast China is low, the resources are tight, and the prices are rising. Although the supply in other regions remains low, the demand is limited, individual inventory pressure is obvious, and the overall asphalt fundamentals are still under certain pressure.

In the future, there will still be more obvious rainfall weather in northern China, which will affect terminal construction and asphalt demand. Asphalt analysts of business community expect that short-term asphalt price will fluctuate at a high level.