According to the price monitoring of business agency, on September 26, the domestic crude benzene production price was 6451 yuan / ton, 430 yuan / ton lower than the bidding price last week, 6.25% lower than the same period last week.

Recently, the high level of pure benzene market fell, which was mainly dragged down by the downstream. Affected by the dual control policy, the load of many downstream units is reduced or shut down for maintenance, especially in East China, the recent operating rate has decreased significantly, the demand for pure benzene and hydrogenated benzene has slowed down, and the purchase intention is low. This week, Sinopec cut the price of pure benzene three times, a total of 700-800 yuan / ton to 7650-7700 yuan / ton. Although there is a certain demand for goods preparation near the holiday, the downstream pure benzene inventory is OK and the overall demand is general. In an environment with many negative fundamentals, it is expected that in the short term, the pure benzene and hydrogenated benzene markets will operate under pressure, and the lower downstream price will drag down the reduction of crude benzene bidding price this week. About 6450 yuan / ton is implemented in Shandong. At present, there are still many limited production and production conversion in coking enterprises, the overall supply is tight, and the inventory is low. There is still a certain demand for goods in the downstream near the holiday. It is expected that the market will operate stably before the holiday.

Trade name: propylene oxide

Latest price (September 24): 17333.33 yuan / ton

On September 24, Shandong propylene oxide market was temporarily stable, flat compared with the previous trading day and up 7.66% compared with August 24. At present, the price of raw material propylene is mainly stable, the cost impact is limited, the overall unit operating rate in the supply side market is reduced, the follow-up of new orders of downstream polyether is flat, and the market wait-and-see atmosphere is strong.

It is expected that in the short term, the propylene oxide market may be dominated by stalemate consolidation and operation.

According to the monitoring data of business agency, the average price of propane in Shandong market was 5640.75 yuan / ton on September 22 and 5710.75 yuan / ton on September 23, with a single day increase of 1.24%, an increase of 14.60% compared with September 1.

On September 23, the domestic propane market continued to rise, and most of the market in Shandong increased. The current mainstream quotation is 5550-5780 yuan / ton. The rise of international crude oil has boosted the market mentality, with high import costs and mild market transaction atmosphere. It is expected that the price of propane market may still rise in the short term.

DOP prices fell against the market this week

According to the data monitoring of the business agency, the DOP price was temporarily stable on September 22, and the DOP market trend became stable. As of September 22, the DOP price was 13950.00 yuan / ton, which was stable compared with the price on September 18 of the previous trading day, and decreased by 5.34% compared with the DOP price of 14737.50 yuan / ton on September 1. DOP prices stabilized and the decline of DOP slowed down.

Overview of industrial chain Market

According to the price monitoring of business society, the price of raw material isooctanol is stabilizing, the price of phthalic anhydride is warming slightly, and the cost of DOP is stabilizing; The price of downstream plastic PVC rebounded and rose, and the demand was stable; The start-up of DOP manufacturers decreased, and the supply of DOP decreased.

Future expectations

Bai Jiaxin, a DOP data analyst at business agency, believes that the recent shock decline in the price of isooctanol has led to a decline in DOP prices; As the decline of isooctanol price slows down, the price of phthalic anhydride rises slightly and the cost of DOP rises. Affected by the dual control of environmental protection and energy consumption, PVC prices rebounded and rose, stimulating the rise of DOP prices. Generally speaking, the rising cost and the recovery of demand will increase the momentum of DOP rise in the future. DOP price is expected to be stable temporarily, and DOP price in the future will be strong and stable temporarily in the short term, with a rebound upward trend in the medium term.

1、 Price trend

According to the data monitoring of the bulk list of business society, the price of bromine is rising. On September 18, the market price of bromine was 45937.5 yuan / ton, an increase of 52.84% over the same period last year. On September 18, the bromine commodity index was 160.15, the same as yesterday, down 0.91% from the highest point of 161.62 in the cycle (2021-07-01), and up 171.81% from the lowest point of 58.92 on October 29, 2014. (Note: the period refers to the period from September 1, 2011 to now)

2、 Market analysis

At present, the domestic bromine price is rising. At present, the mainstream price of Shandong enterprises is about 44000-50000 yuan / ton, and the bromine price continues to rise this week. The output of bromine enterprises in Shandong has declined, and the manufacturers in Changyi are basically stopping production. The downstream flame retardant and intermediate industries of bromine have started. Although they have stopped production recently, the demand for bromine is OK, the demand for bromine is OK, and the price of bromine has increased.

In terms of raw materials: the domestic sulfur market is running stably temporarily, and refineries in various regions offer stable prices according to their own shipments. Domestic refineries operate normally, with low inventory, strong manufacturer quotation, downstream traders purchase on demand, enterprise shipment is relatively stable, and the future sulfur market is temporarily stable. Pay attention to the downstream follow-up.

Business analysts believe that the overall demand growth of bromine is relatively slow, but now the start-up of bromine downstream flame retardant and intermediate industries still supports bromine, and the demand for bromine is OK. It is comprehensively expected that the price of bromine in the short term will still rise in the later stage, depending on the demand of the downstream market.