The latest price of isobutyraldehyde (July 24): 7633.33 yuan/ton, the market outlook is bullish
Analysis points: On July 24, the domestic isobutyraldehyde market price rose slightly, up 200 yuan/ton, or 2.69%, from July 21, and down 1.29% year-on-year. The price of raw material propylene rose slightly, and cost support increased. The downstream neopentyl glycol market is consolidating at a low level, and downstream customers are generally not enthusiastic about purchasing isobutyraldehyde. The trading situation in the isobutyraldehyde market improved, and the market price fluctuated and rose.
Forecast of the market outlook: The domestic isobutyraldehyde market price may fluctuate and rise, and the consolidation will be the main focus. The average market price is around 7800 yuan/ton.
The latest price of butadiene (July 24): 6968 yuan / ton, the market outlook is bullish
Analysis points: The domestic butadiene market continued to improve, and the price on the 24th rose by 2.58% compared with the previous trading day. Major production companies such as Sinopec raised their quotations by 100-200 yuan/ton, which promoted the recovery of the market atmosphere. The prices in the external market rose slightly, traders showed a strong upward sentiment, the supply in some areas tightened, and multiple positive factors boosted the spot market.
Forecast of the market outlook: In the short term, the domestic butadiene market will mainly recover.
The latest price of propylene glycol (July 24): 7433 yuan / ton after market adjustment
Analysis points: On July 24, the domestic propylene glycol market as a whole ushered in a rising market. Compared with the previous working day, the price increased by 300 yuan/ton, an increase of 4.21%. The overall supply side of the propylene glycol market is tight, and the supply side gives more support to propylene glycol, and the market price of propylene glycol moves upwards as a whole.
Market outlook forecast: At present, the overall supply side of the propylene glycol market is still relatively tight, and the downstream new orders are slightly cautious. It is expected that in the short term, the domestic propylene glycol market will mainly adjust within a narrow range, and more attention should be paid to the news on the supply and demand side for specific trends. Variety.
The latest price of n-propanol (July 24): 7566 yuan / ton after market adjustment
Analysis points: On July 24, the center of gravity of the n-propanol market moved downwards. Compared with the previous working day, the price was lowered by 200 yuan/ton, or 2.58%. Some major n-propanol manufacturers and suppliers in Shandong have lowered the price of n-propanol by around 200-400 yuan/ton, driving the overall market down and widening the price gap between high and low prices.
Forecast of the market outlook: At present, the overall trading atmosphere in the n-propanol market is relatively light, and the downstream market is mostly rigid-needed purchases, and the stocking is cautious. Pay more attention to news changes on the supply and demand side.
The latest price of diethylene glycol (July 24): 5116.67 yuan / ton after market adjustment
Analysis points: On the 24th, the diethylene glycol market fell sharply, and the price fell by 2.29% from the previous trading day. The diethylene glycol market in East China fluctuated and declined. Although the terminal shipments remained at a high level, the price has continued to rise recently. There are many resistances to high prices in the downstream. With no real improvement in demand, the buying intention to follow up has weakened, and the focus of market negotiations has declined. In the morning market Fluctuating at a low level, buying continued to push down prices in the afternoon, and the market weakened again under pressure. As of the close, Jiangsu spot closed at 5040-5050 yuan / ton. The diethylene glycol market in South China is running weakly, and the market has followed the mainstream in East China. The demand is weak, and the downstream follow-up remains cautious. As of the close, some mainstream quotations for spot goods were delivered at 5150-5200 yuan/ton.
Forecast of the market outlook: The price of diethylene glycol has kept rising recently, and the downstream acceptance has gradually weakened. The market is worried about the subsequent increase in supply, and the attitude is more cautious. The domestic diethylene glycol market may fluctuate in the short term, and pay attention to the increase in supply.
The latest price of liquefied natural gas (July 24): 3916 yuan / ton, the market outlook is bearish
Analysis points: On the 24th, the price of liquefied natural gas in many places in China continued to weaken, down 4.16% from the price of the previous trading day. With the increase in market supply, the increase in heavy vehicles, and the weakening demand for replenishment downstream, the market is still oversupplied, and the industry is mostly bearish.
Forecast of the market outlook: The current market is not favorable, and it is expected that domestic LNG prices will continue to decline in the short term.
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