Shandong Xuchen Chemical Product Quotation for September 25, 2024
Market Dynamics of Raw Materials
Crude Oil
9/24: The Federal Reserve may continue to cut interest rates, coupled with tensions in the Middle East and potential risks of hurricanes in the United States, leading to an increase in international oil prices. NYMEX crude oil futures 11 contract 71.56 rose $1.19 per barrel or 1.69%; ICE Brent Oil Futures 11 contract 75.17 rose $1.27 per barrel, or 1.72%. The main contract of Chinese INE crude oil futures, 2411, rose 0.2 to 522.9 yuan/barrel, and rose 10.2 to 533.1 yuan/barrel in the evening session.
Propylene
Yesterday, the mainstream price of propylene in Shandong market decreased, the market supply pattern is controllable, the manufacturer’s inventory is normal, and downstream demand procurement is urgent. The mainstream price in Shandong region is 6540-6680 yuan/ton, and the overall trading atmosphere is average.
N-butanol
Today, the prices of mainstream n-butanol factories in China have been lowered, and downstream factories are operating normally. Today, Lihua Yi n-butanol is priced at 6800 yuan/ton before leaving the factory. Luxi n-butanol closed at 6800 yuan/ton.
Octanol
Today, the mainstream prices of octanol in domestic factories have been lowered, and downstream customers are mainly in urgent need of purchasing. Today, Lihua Yi octanol will be priced at 8400 yuan/ton before leaving the factory. Luxi Octanol closed at 8400 yuan/ton. Today, the mainstream factory prices of octanol in China have been lowered, and downstream customers are mainly in urgent need of purchasing. Today, Lihua Yi Octanol will deliver at 8400 yuan/ton. Luxi Octanol closed at 8400 yuan/ton.
Phthalic anhydride
The mainstream price of ortho phthalic anhydride in the East China market is 7300-7400 yuan/ton, while in the Shandong market it is 7300-7400 yuan/ton. In Hebei, the mainstream price of naphthalene phthalic anhydride is 7100-7200 yuan/ton.
PTA
On September 25th, the main force of PTA futures on Zhengzhou Commodity Exchange opened at 4956, up 94 from yesterday.
Product Future Market Forecast
DOP Future Forecast
The mainstream prices of propylene in the market have been lowered, the mainstream factory prices of octanol have been lowered, and the mainstream prices of phthalic anhydride in the market have remained stable. Downstream customers urgently need to purchase, and it is expected that the DOP market will be weakly stable in the near future.
DOTP Future Forecast
The mainstream prices of propylene in the market have been lowered, the mainstream factory prices of octanol have been lowered, and the mainstream prices of PTA have been raised. Downstream customers urgently need to purchase, and it is expected that the DOTP market will be weakly stable in the near future.
DBP Future Forecast
The mainstream prices in the propylene market have decreased, the mainstream factory prices in the n-butanol market have decreased, and the mainstream prices of phthalic anhydride have remained stable. Downstream customers are in urgent need of purchasing, and it is expected that the DBP market will stabilize and consolidate in the near future.
Promotion And Quotation of Company Products
DOP’s quotation today is 8800 yuan/ton including tax for factory delivery. The actual transaction is mainly based on negotiation.
DBP’s quotation today is 8300 yuan/ton including tax for factory delivery. The actual transaction is subject to negotiation.
DOTP’s quotation today is 8800 yuan/ton including tax for factory delivery. The actual transaction is subject to negotiation.
DPHP’s quotation today is priced at 8900 yuan/ton including tax before leaving the factory. The actual transaction is subject to negotiation.
TBC’s quotation today is 8300 yuan/ton including tax for factory delivery. The actual transaction is subject to negotiation.
The quotation for phthalic anhydride today is priced at 7200 yuan/ton including tax before leaving the factory. The actual transaction is subject to negotiation.
DOA’s quotation today is priced at 10200 yuan/ton including tax for factory delivery. The actual transaction is subject to negotiation.
Isooctanoic acid will not be quoted temporarily, actual transaction will be made, and negotiation will be the main focus.
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