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Due to the fact that East China's polyester chip makers are not willing to lower their prices at the current price, and the operating rate of downstream production equipment has increased, it is expected that the recent price will be in a small consolidation.
Ethylene glycol Ethylene glycol prices rebounded slightly in eastern China. From June 1 to June 10, the market reference price was 7200 to 7400 yuan, which was 100 yuan higher than that in late May.
As the operating rate of the polyester chip production device is increased, the amount of ethylene glycol will gradually increase, and the inventory will gradually decrease. It is expected that there will be a slight increase in prices in the future.
Pure benzene The price of pure benzene in East China has rebounded. From June 1 to June 10, the price of pure benzene was 7,200 to 7,300 yuan, which was 400 yuan lower than that in late May.
Due to the recent sharp increase in crude oil prices, with the production cost increasing substantially, it is expected that the price of pure benzene will slightly increase in the future.
Terephthalic acid East China terephthalic acid prices rebounded. From June 1 to June 10, the market reference price was 7300 to 7400 yuan, up 200 yuan from the end of May.
Due to the recent increase in the price of polyester chips and the stabilization of paraxylene prices, it is expected that there will be room for a slight increase in prices in the future.
Acrylonitrile The price of acrylonitrile dropped slightly in East China. From June 1 to June 10, the market reference price was about 13200 to 13300 yuan, down by 100 yuan from the end of May.
As acrylonitrile producers began to lower prices, the price of acrylic fibers is expected to continue to bottom in the near future under the pressure of falling acrylic prices.
Vinyl acetate The price of vinyl acetate in East China fell sharply. From June 1 to June 10, the market price was 9400 to 9700 yuan, which was about 900 yuan lower than that in late May.
Due to the relatively high price of vinyl acetate, and the fact that the market is profitable and the price of downstream products is falling, it is expected that the prices of the next few days may still fall.
Glacial acetic acid Prices of glacial acetic acid in eastern China fell slightly. From June 1 to June 10, the market reference price was 7500-7700 yuan, which was 400 yuan lower than that in late May.
Due to the recent increase in the supply of glacial acetic acid to the East China market and the fall in glacial acetic acid prices in Southeast Asia, it is expected that prices will continue to fall in the near future.
Acetone The market price of acetone in East China fluctuates slightly. From June 1 to June 10, the price of acetone fluctuated between 7600 and 7700, down by 100 yuan from the previous week.
Due to the recent gradual stabilization of the price of the acetone market and the additional 25-day overhaul of the Gaoqiao Petrochemical Acetone Production Facility, it is expected that the price will stabilize in the near future.
Butadiene Butadiene prices in eastern China were trimmed slightly. From June 1 to June 10, the market reference price was 13,000 to 13,200 yuan, which was basically the same as in late May.
Despite the recent rise in crude oil prices, international ethylene prices have fallen sharply. It is expected that butadiene prices will be scrutinized at current prices in the near future.
Ethylene oxide The price of ethylene oxide in east China plummeted. From June 1 to June 10, the price of ethylene oxide was 13,800 yuan to 14,300 yuan, which was a sharp drop of 1,100 yuan from the end of May.
As the market price of ethylene oxide drops in early June, it will bring pressure on the market. Under the panic selling pressure, it is expected that the market price will continue to fall.
Diethylene glycol The price of diethylene glycol in eastern China dropped slightly. From June 1 to June 10, the market reference price was around 6200 to 6300 yuan, down by 100 yuan from the end of May.
Due to the fact that the price of diethylene glycol did not stop falling in early June, it is expected that in the future, diethylene glycol prices will still have a possibility of bottoming out.
Methanol The price of methanol in eastern China was slightly sorted in the previous period. From June 1 to June 10, the market reference price was 2600 to 2700 yuan, which was basically the same as in late May.
Due to the fact that the demand for the methanol market has not increased recently, buyers and sellers are very cautious. The recent price is still expected to be sorted out at current prices.
Paraxylene East China paraxylene prices rebounded sharply. From June 1 to June 10, the market reference price was 7800 to 7900 yuan, up by 500 yuan from the end of May.
As the international crude oil price rose sharply, it stimulated the rise in the market price of paraxylene. Under the effect of rising inertia, it is expected that there will be a slight increase in prices in the future, but the margin is not significant.
Ethyl acetate In early June, ethyl acetate prices in eastern China fell slightly. From June 1 to June 10, the market reference price fluctuated between 8700 and 8900 yuan, down by 100 yuan from last week.
Due to the recent loosening of ethyl acetate prices, especially in the case of an increase in the operating rate of the ethyl acetate production plant, it is expected that the price may still bottom out.
Penylene Diene The price of pentadiene in East China stabilized and stabilized. From June 1 to June 10, the reference price for polymerization grade isoprene was 11700 to 11900 yuan, up by 100 yuan from the end of May; the price of dicyclopentadiene was 5900 to 6100 yuan, up by 100 yuan from the end of May; The market reference price of isoprene is 17100 to 17400 yuan, which is 200 yuan higher than that in late May.
As the price of pentadiene has stopped falling and rebounded in early June, it is expected that the price of most of the pentadiene products will still increase slightly in the future with little market supply.
Sodium cyanide The price of sodium cyanide (98% purity) in eastern China rose slightly. From June 1 to June 10, the reference price of sodium cyanide fluctuated between 9,000 and 9,100 yuan, and rose 300 yuan from the end of May.
Although the sodium cyanide producers have raised prices, they are expected to make minor adjustments to the current prices in the near future if the downstream manufacturers are not willing to buy.
Polyester chips Prices of polyester chips in eastern China rose slightly. From June 1 to June 10, the market price of polyester chips was 9300 yuan to 9,400 yuan (ton price, the same below), up 100 yuan from the end of May, and the reference price of small polyester chips was 9200 yuan to 9300 yuan, up from the end of the 200 yuan.
March 13, 2021