First, the price trend: According to business data monitoring, this week, the implementation of the offer of the O-benzene Sinopec fell.
This week, the contract price of 6400.00 yuan/ton, the price of phthalates fell, compared with the same period last year prices increased by 2.61%.
Second, the market analysis:
Product Analysis:
Product Name
Quote Type
Port
Price of the Week
Last week’s price
Change
Unit
Adjacent xylene
Fob
United States Gulf of Mexico
964.69
981.23
-16.54
USD/T
Adjacent xylene
Fob
Korea
960.00
980.00
-20.00
USD/T
Adjacent xylene
Fob
Rotterdam
1070.00
1060.00
10.00
USD/T
Adjacent xylene
CFR
Southeast asia
965.00
995.00
-30.00
USD/T
Adjacent xylene
CFR
China
865.00
895.00
-30.00
USD/T This week East China port adjacent benzene inventory rose, as of May 10 East China Port inventory increased, wharf adjacent xylene inventory of about 18,000 tons. As can be seen from the table above, the price of neighboring foreign disks fell, this week East Asia’s foreign disk prices fell by about 30 U.S. dollars/ton, the United States adjacent to the price of xylene decreased by 20 U.S. dollars/ton, the cost of imported phthalates fell, port inventory rose, the foreign disk market is negative, 80% after the market decline of domestic benzene manufacturers , The supply of phthalates is sufficient, the demand for phthalates is general, and the market of phthalates in the aftermarket is greater than the positive.
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After the market after the price of phthalates still have downward pressure, but this week, the next benzene Sinopec cut the implementation price, easing the downward pressure on phthalates, expected to be the main in the aftermarket stability.
Analysis of industrial chain factors:
Product Name
Specification Categories
ORIGIN/Brand
5.5
5.6
5.7
5.8
5.9
5.10
Unit
OX
Premium Products
East
6700.00
6700.00
6700.00
6700.00
6400.00
6400.00
RMB/ton
Mixed xylene
Heterogeneous level
Domestic
5675.00
5650.00
5650.00
5625.00
5625.00
5625.00
RMB/ton
Phthalic anhydride
Excellent grade Products
Jiangsu
6550.00
6516.67
6466.67
6383.33
6383.33
6383.33
RMB/ton
Dop
Primary Products
East
7950.00
7933.33
7900.00
7850.00
7850.00
7800.00
RMB/ton This week, the mixed-xylene market concussion fell, the cost of adjacent xylene fell, the downward pressure on phthalates increased. May 10 mixed Xylene quote 5625.00 yuan/ton, compared with the beginning of this week mixed xylene price of 5650.00 yuan/ton, a decrease of 0.44%.
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The price of mixed xylene fell, the cost of adjacent xylene fell, the fall pressure on the adjacent benzene, the market has a certain profit. Downstream phenylanhydride and Plasticizers this week the market fell, as of May 10, Phenylanhydride quoted 6383.33 yuan/ton, compared to last weekend phenylanhydride quote 6550 Yuan/ton fell, this week fell 2.05%;DOP quote 7800 Yuan/ton, compared with the earlier this week quoted 7933.33 Yuan/ton fell, a decrease of 1.68%,
Overall downstream phenylanhydride and plasticizer market decline, on the price of phthalates have a negative impact on the decline of the market pressure is greater.
Third, the forecast of the aftermarket: Business community Paraxylene data analyst Baijia believes that this week, the price of adjacent xylene lower, lower prices of imported phthalates, the downward pressure of the adjacent benzene market, the price of mixed xylene fell, the cost of adjacent xylene fell, on the adjacent benzene market has a negative impact; downstream phenylanhydride and plasticizer markets fell, downstream customer procurement enthusiasm is not high, The demand for phthalates is general, and the market of phthalates is obviously negative. The overall phthalates market is obvious, the decline of the market pressure is greater, this week the price of phthalates fell 300 yuan/ton, greatly eased the downward pressure of the after-market decline, expected after the after
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