The latest price of isooctyl alcohol (August 23): 12200.00 yuan/ton, the market outlook is bullish
Analysis points: On August 23, the market price of isooctyl alcohol in Shandong rose slightly, which was 233.33 yuan/ton higher than the price on August 22, an increase of 1.95%, and a year-on-year increase of 47.58%. The price of upstream propylene continues to rise, and the cost support is strong. The downstream DOP market is consolidating at a high level, and the downstream demand is good. There are multiple benefits, and the product trend is going up under the contradiction between supply and demand.
Market forecast: The market price of isooctyl alcohol in Shandong may fluctuate slightly in the near future, and the average market price is around 12,500 yuan/ton.
The latest price of DOP (August 23): 11933.33 yuan / ton, the market outlook is bullish
Analysis points: In terms of raw materials: Isooctyl alcohol has not yet resumed production, and the price of isooctyl alcohol continues to rise, up 2.87% from the previous trading day. . The price of naphthalene phthalic anhydride rebounded and rose, and o-phthalic anhydride was supported by costs, and the price of o-phthalic anhydride stopped falling and stalemate; on the supply side: the operating rate of plasticizer companies was low, and the supply of plasticizers was tightened; on the demand side, the economic recovery was not as expected, PVC and other plastics The demand for products is not good, and the downstream customers of plasticizers are not motivated enough to purchase plasticizers.
Forecast of the future market: Under the background of weak supply and demand of plasticizers, the cost of raw materials is rising, and the support for the rise of DOP is increasing. It is expected that the price of DOP will fluctuate at a high level in the future market.
The latest price of diammonium phosphate (August 23): 3825 yuan / ton, the market outlook is bullish
Analysis points: The market of diammonium phosphate has been improving recently, and the price has risen. On the 23rd, the price rose by 2.00% compared with the price of the previous trading day. . Downstream demand has increased, and inquiries have begun to increase. At present, the supply of goods in the diammonium phosphate market is tight, most manufacturers have suspended receiving orders, and traders are mainly reluctant to sell. Export orders were good and prices were raised.
Forecast of the market outlook: It is expected that the price trend of DAP will be relatively strong in the short term and will mainly run upwards.
The latest price of formic acid (August 23): 3825.00 yuan/ton, the market outlook is stable
Analysis points: On August 23, the domestic industrial-grade 85% formic acid market was mainly stable, and some companies lowered their prices, down 1.29% compared with the previous trading day. Recently, the price of raw material sulfuric acid has risen steadily, the price of raw material methanol has risen, and the cost support has increased. Due to inventory pressure, some companies have cut prices for shipments. Shipments will be made on the market, and the price focus will be stable for the time being.
Market outlook forecast: It is expected that the domestic industrial-grade 85% formic acid market may operate steadily in a short period of time, and more attention should be paid to market news guidelines.
The latest price of liquefied natural gas (August 23): 3732 yuan / ton in the market outlook
Analysis points: On the 23rd, domestic liquefied natural gas prices fluctuated slightly. With the increase of heavy vehicles in the market, the downstream receiving capacity is limited, and the demand begins to weaken. In terms of sea air, prices remained firm. There is currently no favorable support for the market.
Market outlook forecast: It is expected that domestic liquefied natural gas prices will consolidate in the short term.
The latest price of rapeseed meal (August 23): 4068 yuan / ton, the market outlook is bearish
Analysis points: The price on the 23rd fell by 1.41% compared with the previous trading day. ICE rapeseed futures fell on Tuesday, with the benchmark closing about 1.7 percent lower, snapping a six-session winning streak. On the 23rd, Zheng rapeseed meal futures fell by 2.7%, and the spot price of rapeseed meal dropped accordingly. After August, rapeseed has gradually entered the harvest season, and the weather speculation has cooled down, weakening the support for rapeseed. As the weather turns cooler and the peak season of aquaculture in the north comes to an end, the market demand for rapeseed meal weakens.
Forecast for the market outlook: In the short term, it is expected that the shocks of rapeseed meal will be weak.
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