The price of refined naphtha rose slightly this week (12.27-12.31)

1、 Price data

 

As of December 31, the mainstream ex factory average price of domestic ground refined hydrogenated naphtha was 7345.75 yuan / ton, up 1.03% from 7270.75 yuan / ton on December 27. The actual transaction price of ground refined hydrogenated naphtha was about 7200-7400 yuan / ton.

 

Azodicarbonamide (AC foaming Agent)

As of December 31, the mainstream ex factory average price of domestic local refining straight run naphtha was 7160.00 yuan / ton, up 1.74% from 7037.50 yuan / ton on December 27. The actual transaction price of local refining straight run naphtha was about 7000-7300 yuan / ton.

 

On December 31, the naphtha commodity index was 90.66, up 0.15 points from yesterday, down 12.27% from the highest point 103.34 in the cycle (2021-10-25), and up 114.63% from the lowest point 42.24 on July 19, 2016. (Note: the period refers to the period from September 1, 2012 to now)

 

2、 Analysis of influencing factors

 

The price of refined naphtha rose slightly this week, a small amount of terminal olefins just needed to be released, and the manufacturers actively pushed up the downstream goods preparation before the festival.

 

Upstream: the international crude oil price rose this week, and the Omicron mutant virus spread rapidly, but the symptoms seem to be milder than the previous variants; The market hopes that Omicron will weaken its impact on global demand in 2022 and oil prices will be supported. The main reason is that Saudi Arabia believes that oil supply is still very scarce. In addition, although the epidemic trend is still serious, the symptoms of omiron infected people are relatively mild, which brings some optimism to the market.

povidone Iodine

 

The price of toluene rose by 40.00 yuan / ton on December 31, and the price of toluene rose by 40.00 yuan / ton on December 31. The price of mixed xylene rose this week, with the price of 5860.00 yuan / ton on December 31 and 5730.00 yuan / ton on December 27, up 2.27%. In the PX market, the market price trend of p-xylene was temporarily stable this week. As of 31, the ex factory price of domestic p-xylene was 6700 yuan / ton, unchanged from the beginning of the week.

 

3、 Future forecast

 

Energy analysts of business society believe that the rise of international crude oil, the cost support of naphtha market, a small amount of terminal olefins just need to be released, and the downstream goods are prepared before the festival. It is expected that the refining of naphtha in the near future may rise slightly.

http://www.lubonchem.com/