1、 Price trend

According to the data of the business agency, the domestic maleic anhydride market continued to rise strongly. As of October 30, the average price of maleic anhydride by benzene hydrogenation method remained at about 8466 yuan / ton, up 1.6% compared with the beginning of the week and 5.93% lower than the same period of last month.

On October 29, the commodity index of maleic anhydride was 79.76, which was the same as yesterday, decreased by 35.51% from 123.67 (December 26, 2017), and increased by 55.84% from the lowest point of 51.18 on April 14, 2020.

2、 Analysis of influencing factors

This week, domestic market supply of maleic anhydride is tight, and enterprises stand out strongly. The downstream domestic demand and export side have improved to a certain extent, users have good intention to receive goods, and the overall market inventory is low. In the case of demand follow-up, the price of maleic anhydride continues to rise. At present, the solid anhydride in Shandong is about 8000 yuan / ton, that in Jiangsu is about 8200 yuan / ton, that in Shanxi is about 7900 yuan / ton, that in Hebei is about 7900 yuan / ton, and that in South China is about 8700 yuan / ton.

In the upstream, the hydrobenzene market is less affected by fundamental factors, and the market trend mainly follows the supply and demand changes of the market essence. In the short term, the hydrobenzene market will be mainly consolidated. In the fourth quarter, we still need to focus on the impact of new downstream capacity and crude oil price on the market, which is about 3447 yuan / T. the overall operating rate of the downstream resin industry is about 40%, and the demand is stable Certainly, the overall inventory of the industry is low, and the orders at the export end increase.

3、 Future forecast

According to the analysts of maleic anhydride products of business club, the current market of maleic anhydride has stopped falling and rebounded, and the supply and demand of the market is in a tight balance. In addition, the performance of surrounding industries is strong, and some enterprises are reluctant to sell goods. It is expected that the maleic anhydride market will run stably in a short period of time.

The international crude oil price plummeted, the market wait-and-see sentiment was strong, the downstream transaction enthusiasm was not high, and the domestic oil product market price fell. According to the monitoring data of the business agency, the gasoline price on October 30 was 5160 yuan / ton, down 1.15% from the beginning of the week; on October 30, the price of diesel oil was 4577 yuan / ton, up 0.07% from the beginning of the week.

On the 28th, the US Energy Information Administration (EIA) routinely released US commercial crude oil inventory data on Wednesday, with crude oil inventory growth far exceeding market expectations and production growth reaching a record high. The international oil market suffered Waterloo. With the increasingly severe epidemic situation in Europe and the United States, especially in France and Germany in Europe, the government has restarted restrictive measures, forming unprecedented pressure on the expectation of future crude oil demand. This week, international crude oil prices plummeted, WTI crude oil prices fell 9.23%, Brent crude oil prices fell 9.06%.

In terms of gasoline demand, the recent lack of positive boost in domestic gasoline market demand, coupled with the collapse of international crude oil and the news of the decline in the guidance price of main business units for foreign production, aggravates the wait-and-see mood of the industry, and the enthusiasm of terminal procurement is not high; in terms of diesel demand, the domestic weather is getting colder, and outdoor operations such as road engineering and infrastructure construction enter the construction period, so the diesel demand is good, but the overall diesel market is supplied Should be sufficient, coupled with the collapse of international crude oil prices, diesel market prices are weak.

As of October 30, the average start-up load of the daily decompression unit was about 74%, and the start-up load of the refinery increased slightly, and the domestic refined oil supply was relatively sufficient.

Lu Xingjun, an oil product analyst at the business club, said: affected by the epidemic situation, the international crude oil needs to decline, and it is expected that in the short term, international crude oil will continue to be under pressure, and the domestic demand for refined oil will not be supported. It is expected that the price of domestic refined oil will continue to decline.

According to statistics, the price trend of domestic fluorite dropped slightly in October. By the end of the month, the average price of domestic fluorite was 2622.22 yuan / ton, which was 1.67% lower than that at the beginning of the month, and 8.53% lower than that at the beginning of the month.

In October, the price trend of fluorite dropped slightly. Recently, the manufacturers reported that the fluorite orders were general, and the on-site merchants’ shipment was poor. The supply of fluorite was normal, and the on-site price was slightly lower. Domestic fluorite manufacturers have been operating stably, the on-site mines and flotation devices have been operating normally, and the fluorite market price has risen slightly. As of the end of the month, 97 fluorite wet powder price in Inner Mongolia was 2400-2500 yuan / ton, Fujian was 2400-2700 yuan / ton, Henan was 2500-2600 yuan / ton, Jiangxi was 2500-2700 yuan / ton, and Jiangxi was 2500-2700 yuan / ton It fell back.

As of the end of the month, the domestic hydrofluoric acid market price was 8400 yuan / ton, with a decrease of 0.36% in October. The downward trend of hydrofluoric acid market price has a negative impact on the upstream fluorite market, and the fluorite price is slightly lower. In recent years, the sales situation of automobile industry is general, and the trend of refrigerant market downstream of the terminal has fallen down. The demand for refrigerant has not improved significantly. The recovery of foreign economy is not obvious. The export situation of refrigerant terminal is general. However, the domestic air conditioning industry starts at a low level and the demand for maintenance and after-sales service is weak. As a whole, foreign demand has not improved significantly. At present, the load of refrigerant R22 manufacturers is not high, the inventory is in a reasonable range, and the market price drops slightly. However, the market price is not available. The mainstream price of R22 in large domestic enterprises is 12500-15000 yuan / ton. The domestic market price of R134a fell, and the plant operating rate of production enterprises remained low. At present, the downstream start-up is not high, and the demand for R134a is still cold. In recent years, the purchasing situation of downstream industries is general, and the price trend of fluorite is slightly down.

Generally speaking, the market situation of downstream refrigerant industry is general, but the recent market price of hydrofluoric acid is weak. In addition, the fluorite market reflects the poor market situation in the near future. Chen Ling, an analyst at the business agency, believes that the fluorite market price may fall slightly in the short term.

1、 Price trend

According to the monitoring data of the business agency, the average ex factory price of domestic chlorinated paraffin 52 grade I product was 4933 yuan / ton on October 26, and 4933 yuan / ton on October 30, respectively. The price market was stable this week.

2、 Market analysis

The price of chlorinated paraffin was stable this week. The factory quotation of chlorinated paraffin 52 in Jiangsu Province is 4600-5100 yuan / ton, that in Hebei Province is 4700-4900 yuan / ton, and that in Henan Province is 4400-5200 yuan / ton. The factory quotation of chlorinated paraffin 52 in Northeast China is 4500-5300 yuan / ton. The factory quotation of chlorinated paraffin 52 in Shandong Province is 4300-4700 yuan / ton. The factory quotation of chlorinated paraffin 52 in Northwest China is 4600-5300 yuan / ton. The factory quotation of chlorinated paraffin 52 in East China is 4800-5000 yuan / ton. The factory quotation of chlorinated paraffin 52 in North China is 4500-5200 yuan / T. The factory quotation of chlorinated paraffin 52 in South China is 4600-5100 yuan / ton.

This week, the price of raw material market remained high and stable. The market of raw material liquid wax is stable this week. The demand for liquid wax in downstream chlorinated paraffin is limited and the supply is more. The demand for raw material liquid chlorine is good, and the price of some enterprises has increased slightly in a stable state, and the market price is stable and upward. The downstream demand for chlorinated paraffin was poor and the trading volume was not strong.

3、 Future forecast

Chlorinated paraffin analysts believe that the current market of chlorinated paraffin raw materials is stable, chlorinated paraffin shipment is acceptable. The downstream demand for chlorinated paraffin is general, and most of them are purchased on demand. It is expected that the price of chlorinated paraffin will be weak and stable in the short term.