Southwest organic raw materials market (October 1 to October 15)

In the first half of October, the organic raw materials market in Southwest China was as follows:
The market trend of triphenyl is stable, and the prices have risen steadily. In the current period, the market for pure benzene in Southwest China was relatively stable, with toluene and xylene rising steadily. In the afternoon market, due to weak crude oil and external trading, the direction of the market is uncertain, and trading volume is dull or even decreasing, which will gradually increase the pressure on triphenyl. At present, the market price of pure benzene in the southwest is 7300 to 7500 yuan (ton price, the same below), the toluene market price is 6900 to 7000 yuan, and the xylene market price is 7300 to 7500 yuan.
The phthalic anhydride market sideways, the price fluctuates slightly. After the holiday, the benzene anhydride in Southwest China moved steadily. The market had more wait-and-see attitudes, and there were few transactions, and the atmosphere was relatively flat. In the afternoon market, due to the consolidation of the phthalic anhydride market for a long time, and the post-holiday market transactions have not been significantly enlarged, some traders are concerned that the market may decline downwards, but the current prices of raw materials remain stable, and there is still corresponding support for the cost of phthalic anhydride. The current market price is 8100 to 8200 yuan.
The phenol market sentiment improved and prices rose steadily. In the current period, the southwest phenol market caused the increase in phenol prices due to the downstream manufacturers' need to replenish raw material stocks after the holidays, which led to an increase in trading volume. As for the market outlook, there will be new equipment put into operation this month and there will be pressure on the supply side. The current market price is 9750 to 9900 yuan.
The acetone market fluctuated within a narrow range and the price fell steadily. After the holiday, the acetone market in the southwest was relatively light and there was no obvious demand hot spot in the market. Due to sufficient supply, the end-users' purchase intention was not positive. The market transactions were dominated by small quantities and the market sentiment was relatively weak. If the market volume continues to slump, prices may slowly decline during consolidation in the face of further loose supply. The current market price is 6750 to 6900 yuan.
The methanol market came out of consolidation and prices rose sharply. In the current period, the market price of methanol in southwest China increased significantly. Pre-holiday methanol prices have rebounded due to demand. After the holiday, the main methanol manufacturers in southwestern China have raised their sales prices one after another, reducing the pressure on their inventory, and driving up market prices. In the afternoon market, the current domestic market for methanol has risen, providing a good basis for the operation of various regional markets, which is conducive to continued price increases. The current mainstream price is 2000 to 2100 yuan.
The formaldehyde market picked up slightly and the price rose steadily. Post-holiday production of high operating rates of formaldehyde, market supply is still relatively adequate, the increase in downstream users purchase volume, coupled with the significant increase in post-holiday methanol prices, support for the cost of formaldehyde increased, so the market mentality gradually increased. In the market, with the further recovery of raw material prices, the price space for formaldehyde will be expanded accordingly. If the downstream demand can increase steadily, it will push up the price of formaldehyde. The current market price is 1000 to 1060 yuan.
The acetic acid market supply is still tight, but the prices are slightly back. The trend of southwest acetic acid in the current period is relatively independent, and the recent decline in the operating rate of the acetylene plant in Yangzhou has led to a decrease in the supply of supplies and support for traders to continue to maintain stable prices. As there was no significant improvement in the downstream acetate market after the festival, the cost pressure on the downstream industry rose after the price of acetic acid rose sharply, and the wait-and-see mentality gradually grew. As for the market outlook, due to the long-standing acetic acid price and the lack of support for trading volume, the continued upward momentum has been insufficient. The current market price is 7,000-7,300 yuan.
The vinyl acetate market is very strong and prices have skyrocketed. As early market sentiment has been greatly boosted, many market participants are looking forward to the post-holiday market. Therefore, after the long holiday is over, the market trading atmosphere is very active. End users enter the market to replenish inventory, and some well-funded middlemen also enter the market. The search for opportunities, together with the active promotion of prices by manufacturers, drastically raised the ex-factory price, which greatly stimulated the market's pursuit of interest. In the afternoon, the price of vinyl acetate on the external disk rose significantly, and the tight supply of the market will support the rise in vinyl acetate prices. The current market price 10900 ~ 11000 yuan.

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