According to the monitoring of the Commodity Market Analysis System of the Business Society, the domestic price of LLDPE (7042) was 8028 yuan/ton on June 16, and the average price on June 25 was 8042 yuan/ton. During this period, the quotation increased by 0.18%.

According to the monitoring of the Commodity Market Analysis System of the Business Society, the average ex factory price of LDPE (2426H) was 8500 yuan/ton on June 16 and 8525 yuan/ton on June 25, with an increase of 0.29% during the period.

According to the monitoring of the Commodity Market Analysis System of the Business Society, the average ex factory price of HDPE (5000S) was 9037 yuan/ton on June 16, and the average price on June 25 was 9062 yuan/ton. During this period, the quotation increased by 0.28%.

Polyethylene prices have slightly increased this week. In June, the Federal Reserve suspended interest rate hikes, leading to a rebound in macroeconomic sentiment and providing some support for polyethylene prices. There is a slight upward trend in crude oil prices, boosting the polyethylene market. In June, the equipment maintenance was at a high level, with an increase in maintenance losses and little market supply pressure. Agricultural film is in the off-season of demand, and order follow-up is limited. In terms of pipes, factory orders are gradually decreasing, and the factory’s enthusiasm for receiving goods is not high. The market is mainly focused on procurement on demand.

There are maintenance plans for some polyethylene devices, and the market supply pressure has been alleviated. However, the demand for polyethylene in the market is weak, and it is expected that polyethylene may be mainly subject to fluctuations and adjustments.

1、 Price trend

According to the commodity market analysis system of the business community, the average price of domestic Chlorinated paraffins 52 market was 5200 yuan/ton on June 14, and the average price of domestic Chlorinated paraffins 52 market was 5350 yuan/ton on June 21. The price of Chlorinated paraffins rose 2.88% this week

2、 Market analysis

The market price of Chlorinated paraffins rose this week. This week, the price of raw material liquid chlorine continued to rise, and the price of raw material liquid wax fluctuated slightly, with good cost support. Downstream demand is light, with primary demand orders and low market trading volume. As of June 21, the ex factory quotation of Chlorinated paraffins 52 at environmental protection level in Anhui was about 5600 yuan/ton, that of Chlorinated paraffins 52 at national standard level in Northeast China was about 5000 yuan/ton, and that of Chlorinated paraffins 52 at national standard level in Shandong was about 4500-5450 yuan/ton.

In terms of raw material liquid wax, the price of liquid wax has fluctuated this week, with the market fluctuating and liquid wax changing with the fluctuations of crude oil market. In terms of raw material liquid chlorine, the price of liquid chlorine has continued to rise this week, and the price of liquid chlorine in Shandong region has continued to rise, stabilizing in the future. The market transaction is acceptable, and the manufacturer has stable shipments.

3、 Future Market Forecast

Analysts of Chlorinated paraffins from the business agency believe that the price of liquid chlorine as raw material has continued to strengthen recently, and the cost has boosted the price of Chlorinated paraffins. However, demand performance remains weak, with insufficient follow-up on new orders. It is expected that the market price of Chlorinated paraffins will be stable in the short term. It is suggested to pay attention to the change of raw material price.

According to the data monitoring of the business society, as of June 20, 2023, the reference price of domestic butanone market was 7300 yuan/ton, which was 34 yuan/ton higher than that of June 16, 2023 (7266 yuan/ton), an increase of 0.46%.

It can be seen from the data monitoring chart of the business community that the domestic butanone market generally saw a slight rise in the early Dragon Boat Festival (6.16-6.20). Prior to the holiday, the rebound in the carbon tetrachloride market after the ether end of the raw material provided increased cost support for butanone. The overall narrow range of the butanone market trend is approaching upward, and some butanone factories and suppliers have slightly increased the price of butanone, with an adjustment range of 50-100 yuan/ton. The downstream demand side of butanone has improved generally, and trading on the market before the holiday is cautious. As of June 20th, the domestic market price of butanone is around 7000-7300 yuan/ton, with lower prices around 6700 yuan/ton and higher prices around 7600 yuan/ton.

Analysis of the aftermarket of butanone

At present, the trading atmosphere of butanone on the market is average, and there is a strong wait-and-see sentiment. The overall trading volume of new orders in the market is limited. The butanone data analyst of the Business Society believes that in the short term, the domestic butanone market will mainly operate with stable and small movements, and the specific trend needs to pay more attention to changes in supply and demand news.

1、 Price data

According to the commodity analysis system of the business community, the price of Petroleum coke of the local refiner continued to decline this week. On June 18, the average price of Shandong market was 1756.50 yuan/ton, down 5.26% from the price of 1854.00 yuan/ton on June 12.

On June 18, the Petroleum coke commodity index was 136.62, unchanged from yesterday, down 66.57% from the cycle’s highest point of 408.70 (2022-05-11), and up 104.25% from the lowest point of 66.89 on March 28, 2016. (Note: The cycle refers to the period from September 30th, 2012 to the present)

2、 Analysis of influencing factors

This week, the price of Petroleum coke produced by local refineries continued to decline. Local refineries actively discharged their stocks. The downstream was in a strong wait-and-see mood, and the trading was average. At present, the port Petroleum coke inventory is high and the shipment is active, but the terminal just needs replenishment, and the overall trade is general.

This week, the international crude oil market fluctuated and rose. Mainly due to unexpected retail growth in the United States in May, supported by positive employment data, the expectation of the Federal Reserve ending its interest rate hike process has strengthened. The significant increase in processing capacity of Chinese refineries has boosted oil prices.

The price of calcined coke remained basically stable this week. The basic situation of metal silicon is still poor, the starting situation has improved, and the demand side has not improved significantly. The inventory is high, and the top of the price of metal silicon is under pressure. As of June 18, the average price of 441 # metal silicon in the Spot market was 13610 yuan/ton. The downstream electrolytic aluminum market is fluctuating, and there is a trend of inventory depletion in the electrolytic aluminum society. Inventory depletion is evident, with an average price of 18553.33 yuan/ton as of June 18th. Downstream enterprises have a strong wait-and-see attitude and low enthusiasm for receiving goods, with on-demand procurement being the main focus.

Petroleum coke analysts of the business agency believe that: at present, domestic Petroleum coke is in sufficient supply. In addition, imported Petroleum coke is in high inventory, and the shipment is active. Local refining Petroleum coke is in average delivery. Refineries actively arrange the inventory. Downstream enterprises are in a strong wait-and-see mood, and have low enthusiasm for receiving goods. They mainly purchase on demand. It is expected that the local refining of Petroleum coke in the near future will be dominated by weak points.

1、 Price trend

According to the monitoring of the Commodity Market Analysis System of the Business Society, the spot price of PVC carbide SG5 has slightly increased this week. The average domestic PVC price on Monday was 5524 yuan/ton, and on Friday it was 5554 yuan/ton. The weekly price has increased by 0.54%.

2、 Market analysis

The price of PVC in the domestic Spot market rose slightly this week. At present, the market trading situation is fairly good. The closing price of futures has risen, which has driven the confidence of the Spot market. The spot price has a good attitude and the price has risen. However, downstream procurement enthusiasm is still average, with replenishment based on demand as the main focus. Be cautious in actual transactions and wait and see. As of now, the quotation range for PVC5 carbide materials in China is mostly around 5320-6170 yuan/ton.

In terms of crude oil, international crude oil futures rose on June 15th. The settlement price of the main contract for WTI crude oil futures in the United States was 70.62 US dollars per barrel, an increase of 2.35 US dollars or 3.4%. The settlement price of the Brent crude oil futures main contract was $75.67 per barrel, an increase of $2.47 or 3.4%. Unexpected retail growth in the United States in May, supported by positive employment data. The significant increase in processing capacity of Chinese refineries has led to a rebound in the oil market.

In terms of calcium carbide, according to data monitored by the Business Society, the factory price of calcium carbide in the northwest region has slightly increased this week. On Monday, the average ex factory price of mainstream calcium carbide manufacturers in Northwest China was 2883.33 yuan/ton, while on Friday, the average price was 2900 yuan/ton, with a price increase of 0.58% during the week. Upstream blue charcoal prices have stabilized at a low level, with average cost support. Downstream PVC prices have slightly increased, and demand for calcium carbide is still acceptable.

3、 Future Market Forecast

PVC analysts from Business Society believe that the spot price of PVC has slightly increased this week. At present, the factory price of calcium carbide has slightly increased, and the support is still acceptable. Futures closed higher on Friday, which was good for the Spot market to a certain extent, but the performance of terminal real estate was poor. Downstream and traders were mainly wait-and-see, replenishing as needed, and the market was cautious. It is expected that the PVC market will operate stronger in the short term, and we will closely monitor changes in the news.