Price: 610.3 yuan/barrel

Analysis: overnight international oil prices fell sharply on Friday, WTI crude oil fell nearly 6%, falling below the $80 threshold. Affected by this, the SC crude oil in the internal market fell rapidly and sharply on Monday. On the 26th, the main contract of SC crude oil fell 6.27% to close at 610.3 yuan/barrel. Macroscopically, the continuous strengthening of the US dollar has brought pressure on oil prices. In addition, the risk of economic recession is aggravated by the sharp interest rate increase of the global central bank, which then depresses the fuel demand. In addition, as the refinery entered the autumn overhaul period, the decline in operating rate led to the accumulation of crude oil, and many factors triggered a panic decline in the oil market.

Forecast: In the short term, there will still be pressure from the demand side on oil prices, panic selling will continue to depress oil prices, and the oil market will still bottom out. However, in the medium term, the oil supply pattern has not changed and the shortage is expected to remain unchanged. As winter approaches and heating demand increases, the oil market is still likely to rebound.

Price trend of domestic sodium metabisulfite

According to the monitoring of the business community, the price of domestic sodium metabisulfite this week was stable on the whole. The average price of industrial sodium metabisulfite at the beginning of the week was 2600.00 yuan/ton, and the average price at the weekend was 2600.00 yuan/ton, which was stable on the whole.

This week, the sodium metabisulfite market was running smoothly on the whole. The market price of industrial grade sodium metabisulfite ranged from 2400-2650 yuan/ton, and most of the prices were concentrated around 2550 yuan/ton. Affected by the low price of raw materials, the overall inventory of the enterprise is low, and the enterprise can use as soon as it is purchased. The enterprise mainly completes orders from old customers. (The above prices refer to the external quotation of domestic mainstream enterprises. Some enterprises that have not been quoted are temporarily excluded from their scope. The prices are for reference only and have nothing to do with the final pricing of manufacturers. For details, please contact each manufacturer for consultation.).

As of September 23, the price of domestic soda ash rose slightly by 1.14% in the month, the price of sulfur rose by 8.02% as a whole, and the cost of raw materials rose slightly after the overall stability, which will support the domestic sodium metabisulfite market price in the future.

Future market forecast

Analysts from the business community believe that the overall price of raw materials has stabilized and rebounded slightly. With the support of costs, the overall market price of domestic sodium metabisulfite is expected to rise slightly in the future.

According to the monitoring data of the business community, from September 16 to 22, the average market price of cyclohexanone in China rose from 9760 yuan/ton to 9820 yuan/ton, up 0.61% in the week, 0.20% month on month and 23.16% year on year.

This week, the domestic cyclohexanone market was rather volatile, and the price of Hualu Hengsheng, the main manufacturer, rose from 9700 yuan/ton to 10100 yuan/ton, mainly because the cost was supported by the upstream and the downstream pre festival replenishment and merchants pushed up, and the transaction focus rose.

Summary of domestic cyclohexanone market as of September 22:

Region, price

In East China, 10000-10100 yuan/ton will be sent to

In South China, 10100-10200 yuan/ton of spot exchange will be sent to

In Shandong, 9850-9950 yuan/ton of spot exchange is sent to

Raw material pure benzene: The price of domestic pure benzene market fluctuated upward, and the spot demand was good. Sinopec’s pure benzene was listed up by 100 yuan/ton to 7850 yuan/ton.

Downstream caprolactam: caprolactam prices fell. The expected increase in supply affected the market mentality. In addition, the demand side atmosphere was weak, and the caprolactam market fell.

Raw material pure benzene fluctuated at a high level, the cost support was stable, and the intention of downstream goods preparation was strengthened before the festival. The cyclohexanone analysts of the business community predicted that the short-term cyclohexanone market would be dominated by strong consolidation

Region, price (yuan/ton), rise and fall (yuan/ton),

Jiangxi Province, 9900-10300., 0

Henan Province, 10000-10300., 0

Inner Mongolia, 9700-10000., 0

Shandong Province, 9800-10200., 0

Fujian Province, 9800-10200., 0

On September 21, the mainstream price of domestic anhydrous hydrofluoric acid manufacturers was 9800-10200 yuan/ton. The ex factory price trend of domestic hydrofluoric acid manufacturers declined slightly. The operating rate of domestic hydrofluoric acid manufacturers did not change much, and the supply of goods on the site was normal. Recently, the price of fluorite rose slightly, but the downstream refrigerant market remained low, on-site procurement was not active, and the price of sulfuric acid dropped significantly. In general, the price of on-site hydrofluoric acid is expected to decline slightly in the later period.

According to the data of the business agency, the market of chloroform rose this week (9.13-9.20). As of September 20, the price of chloroform bulk water in Shandong was 3450 yuan/ton, up 9.96% from 3137 yuan/ton last Tuesday. Since September, the price of methanol as raw material has risen sharply, and the cost is strongly supported by chloroform. In addition, the commencement of methane chloride has declined slightly, so the pressure on the supply side is not great. The chloroform manufacturers have a strong desire to support the price.

This week (9.13-9.20), the commencement of domestic methane chloride fell slightly on the whole, supporting the chloroform market.

This week (9.13-9.20), the spot price of methanol decreased slightly, but since September, the price of methanol has risen sharply, which continues to support chloroform. According to the business community, as of September 20, the spot price of methanol was 2710 yuan/ton, down 0.60% from 2726 yuan/ton last Tuesday, and up 7.20% from 2528 yuan/ton at the beginning of the month.

On the one hand, the refrigerant inventory is low and the market supply is tight; On the other hand, the high temperature power rationing gradually ended; On both sides, the refrigerant started to rise slightly, which has certain support for chloroform.

According to the methane chloride data analysts of the Business Society, the domestic methane chloride starts to decline slightly, the raw material price stage is supported at a high level, and the downstream refrigerant starts to rise slightly, forming a strong support for chloroform; It is expected that trichloromethane will consolidate at a high level in the short term. In the future, we still need to pay attention to whether the cost and demand side support are continued.