Price Trends And Market Dynamics of Major Raw Materials

Price Trends And Market Dynamics of Major Raw Materials

Ⅰ. Market Dynamics Of Major Raw Materials

10/09: The situation in the Middle East has not deteriorated further, and coupled with the growth of commercial crude oil inventories in the United States, international oil prices have fallen. NYMEX crude oil futures 11 contract 73.24 fell by $0.33/barrel or 0.45%; ICE Brent crude oil futures 12 contract 76.58 fell by $0.60/barrel or 0.78%. China's INE crude oil futures main contract 2411 fell by 13.1 to CNY567 /barrel, and fell by 10.9 to CNY556.1 /barrel in the night market.

1. Propylene

Yesterday, the mainstream price of Shandong propylene market was stable, the market supply pattern was controllable, the factory inventory was normal, and the downstream just needed to purchase. The mainstream price in Shandong area was CNY6880-6930/ton, and the overall trading atmosphere was general.

2. n-Butanol

Today, the price of mainstream n-butanol factories in China has been reduced, and the operation of downstream factories is general. Today, Lihuayi n-butanol is ex-factory at CNY7100/ton. The price of n-butanol in Luxi closed at CNY7,100/ton.

3. Octanol

Today, the price of mainstream domestic octanol factories has been lowered, and downstream customers are mainly purchasing on demand. Today, Lihuayi octanol is ex-factory at CNY9,500/ton. The price of Luxi octanol closed at CNY9,400/ton

4. Phthalic anhydride

The mainstream price of o-phthalic anhydride in the East China market is CNY7,300-7,400/ton ex-factory, the o-phthalic anhydride in the Shandong market is CNY7,300-7,400/ton ex-factory, and the mainstream price of naphthalene phthalic anhydride in Hebei is CNY7,100-7,200/ton ex-factory.

5. PTA

On October 10, the main PTA futures of Zhengzhou Commodity Exchange opened at 5,208, down 52 from yesterday.

 Ⅱ. Forecast Of The Future Market Of Hot-Selling Products

1. Forecast of the future market of DOP

The mainstream price of propylene market is stable, the mainstream factory price of octanol has been lowered, the mainstream price of phthalic anhydride market has been raised, downstream customers are purchasing on demand, and the supply of DOP in mainstream domestic factories is tight. It is expected that the DOP market may continue to be stable in the near future.

2. DOTP market forecast

The mainstream price of propylene market is stable, the mainstream factory price of octanol is reduced, the mainstream price of PTA is reduced, downstream customers have just purchased, and the supply of DOTP from domestic mainstream factories is tight. It is expected that the DOTP market will continue to be stable in the near future.

3. DBP market forecast

The mainstream price of propylene market is stable, the mainstream factory price of n-butanol market is reduced, the mainstream price of phthalic anhydride is increased, and downstream customers have just purchased. It is expected that the DBP market will continue to be stable in the near future.

The situation in the Middle East is unstable recently. If you have any purchasing needs, please confirm in advance.