First, plastic
1, the international market:
A. Polyethylene (PE): Asia was boosted by the high price of vinyl monomers and the abrupt reduction in resource supply. In September, the polyethylene market in Asia warmed up and the price rose by 40-70 US dollars. The transaction was quiet because of the slowdown in demand. . At the end of September, the polyethylene prices in Asia were: high pressures of 1,400 U.S. dollars/ton, low pressures of 1,180 U.S. dollars/ton, and linear prices of 1,210 U.S. dollars/ton (CFR China/Southeast Asia).
B. Polypropylene (PP): Supported by the high price of propylene monomer and the reduction of resource supply, the price of the Asian market in September increased by US$50, and the trading was quiet due to weak demand. The price of polypropylene in Asia at the end of September was: 1270 (homo) 1350 (co) US$/ton.
International Plastics Market Price Chart
International Plastics Market Price Chart
2. Domestic market analysis in September:
A. Polyethylene (PE): In most of the domestic market in early September and early mid-1980s, the domestic market in the outer disk was very high and petrochemicals jointly pushed prices, as well as economic and demand expectations, and the recovery of resource supply due to the troubleshooting of multiple sets of domestic equipment. The market trend of breaking the silence has attracted a long absence. The price has surged by 200-400 yuan, among which linear and high-pressure polyethylene have gained momentum. Unfortunately, the market has not seen a strong volume and price rise; In the later period, with the emergence of profit settlements and high price resistance, as well as the successive opening of domestic overhaul devices, the situation of market resource supply was relatively abundant. At the same time, due to the influence of the Mid-Autumn Festival and the National Day holiday, the delisting of the enterprises gradually began to wait and see. The price dropped moderately by 100-200 yuan, and the market transaction stalled.
B. Polypropylene (PP): In the midst of mid-September and mid-September, the domestic market in most regions witnessed a warming trend due to the decrease in market resource supply and the upward movement of the external disk. The price rose by 200 yuan, and there was no follow-up in the market transaction; In the later period, due to the approaching atmosphere of the long holiday and the weakening of demand, the market quickly cooled down, and the price was adjusted back to 200 yuan. The transaction was quiet.
Domestic market price chart
Domestic market price chart
3, October domestic market forecast:
A. Polyethylene: Market demand and economic trends are gradually improving. Seasonal rigid demand needs to be fully implemented. Therefore, the polyethylene market trend in October: a slight oscillation in the early adjustment; in the middle of the potential gains; the late gains slowed, the weak stable.
B. Polypropylene: Subsequent market supply is relatively abundant, short-term market pressure appears, and digested inventory is the mainstream. Therefore, the trend of the polypropylene market in October: the oscillations in the first half of the year; the rebound in mid-range; the weaker consolidation in the second half.
Second, liquid chemical
1, the international market:
A, toluene, xylene, **
**: The price of Asia ** in September closed up by US$10 to US$870 (F0B Korea) due to tight supply of resources.
Toluene: In September, the price of toluene rose by 30 U.S. dollars to 790 U.S. dollars (F0B Korea) due to increased demand. Trading was scarce.
Solvent xylene: In September, the solvent xylene price rose by 50 US dollars to 800 US dollars (F0B Korea) due to the recovery in demand and the reduction in resource supply. The transaction was limited.
B. Styrene: Supported by a sharp drop in supply and improvement in demand, prices in September pushed up by 90 US dollars to 1,190 US dollars (CFR China main port), and transactions stabilized.
C, ethylene glycol, diethylene glycol:
Ethylene Glycol: Due to the shortage of resources and rising raw material prices, September prices soared from US$65 to US$855 (CFR China main port), and transactions were warming.
Diethylene glycol: The price of diethylene glycol soared by US$110 in September due to a strong styrene market and tight supply of resources. The price of diethylene glycol was reportedly US$1,230 (CFR China main port) and was actively traded.
International liquid chemical market price chart
International liquid chemical market price chart
2. Domestic market analysis in September:
A, **, Toluene, Xylene: September market rises and falls: In the first half of the market, the demand for dull demand and the concentration of imported resources to arrive at the goods fell. The price dropped by 50-100 yuan, of which, **, toluene fell. In the middle of the year, the market was warmed by the traction of oil prices, external disk double-ups, and reduced supply of resources. The price of the market increased by 50-100 yuan, of which the xylenes were on the rise. In the middle of the year, the arrival of imported resources concentrated on arrival. The external disk was lower, and the demand was weak and the long-term holiday was approaching pressure. The domestic market reappeared and the price dropped by 50 yuan. The entire triphenyl deal was blocked.
B. Styrene: The overhaul of multiple sets of styrene equipment in domestic petrochemical industry triggered the recent shortage of market resources. In addition, the import quotation continued to soar, pushing up the domestic market in most regions in September, and the price rose by 600 yuan. The transaction volume was not seen heavy.
C, ethylene glycol, diethylene glycol
Ethylene glycol: Driven by the sharp drop in resource supply and the surge in external disk prices, the prices of Guangdong, Jiangsu, and Zhejiang provinces hit a record high in September. The price was even higher, rising at 600 yuan, and the transaction volume was active. Diethylene glycol: September, Guangdong, Jiangsu and Zhejiang markets The styrene market strengthened and the external market surged to become a bull market. The price climbed by 600 yuan and the transaction volume was warming.
September 30 domestic petrochemical enterprises liquid chemical sales prices and Jiangsu, Zhejiang, Guangdong market transaction prices
Domestic market price chart
3, October domestic market forecast:
A, toluene, xylene, ** market: long-term factors restrict sales and adequate supply of resources, short-term market transactions have not disappeared, but consider the recent strong external disk and merchant replenishment intentions highlight, short-term market is still available. Therefore, the trend of pure benzene, toluene, and xylene in October: a slight oscillation in the first quarter; a slight rebound in the middle; a weak consolidation in the later period.
B. The styrene market: The price is shrinking, and the short-term market is further advanced to meet pressure. It does not rule out a rational correction. Therefore, the styrene market trend in October: stagflation stagnation in the early days; mid-range does not rule out the rational callback after the flush; late weak order.
C, ethylene glycol market, diethylene glycol market:
Ethylene glycol: The demand has not yet been released in all directions. In the near future, the market still has some momentum to push up, but the margin depends on the external support and demand support. It is not expected that the uptrend will be too large. Therefore, the trend of ethylene glycol in October: early did not rule out a slight correction after the red; the mid-batch potential rebound; weak consolidation in the late, the whole month adjustment rate of 200-300 yuan. Diethylene Glycol: The recent market continued to break through highs and the downstream resistance was high. It is expected to show a profit-taking momentum. The price does not rule out entering the technical sideways adjustment channel. Therefore, the trend of diethylene glycol in October: early rational correction; stabilized in mid-range, do not rule out a slight rebound; weak stability in the second half, the whole month adjustment rate of 200-300 yuan.
Third, SBS rubber market
1. International market: In September, the spot prices of SBS rubber and dry rubber in Asian regions fell by US$100 due to a sluggish demand and abundant supply of resources, which were 1300 and 1,700 U.S. dollars per ton (CFR, China’s main port). .
International SBS oil gel market price chart
International SBS oil gel market price chart
2. Analysis of the domestic market in September: With the external disk diarrhea and the deepening shrinkage in market demand, the market conditions in the market dropped sharply in September, and the market retraced 600-1,000 yuan. Among them, the dry rubber market suffered a large decline, and the entire market was in a dilemma.
Domestic Market Analysis in September
3. Domestic market forecast in October: The market is in aggravating situation and the buying interest of businesses is sluggish. The short-term market is difficult to perform well and requires rational adjustment. Therefore, the rubber market trend in October: the oscillations in the first half of the year fell; the mid-term decline narrowed; the weaker consolidation in the second half.