1、 Price trend

According to the price monitoring of the business agency, the average ex factory quotation price of mainstream manufacturers on July 17 was 17266.67 yuan / ton, which was flat compared with the beginning of the week, decreased by 2.26% compared with the beginning of the month, 4.95% month on month, and 39.06% lower than the same period last year

2、 Market analysis

This week, R134a market in the refrigerant market was weak and stable. The market of hydrofluoric acid at the raw material end is stable, the supporting force is general, the terminal demand is not improved, the export market of refrigerant R134a and downstream products is difficult to recover, the demand of automobile industry is poor, the manufacturers start low, the goods are in general, and the situation of oversupply, the bearish mood of the industry is more. According to the price monitoring of the business agency, as of July 17, the average price of refrigerant R134a was around 17000 yuan / ton, and the ex factory price of mainstream manufacturers was 15300-17000 yuan / ton, which was stable.

On July 17, the mainstream price of domestic anhydrous hydrofluoric acid manufacturers was 8500-9000 yuan / T, and the ex factory price of domestic hydrofluoric acid manufacturers was temporarily stable. The operating rate of domestic hydrofluoric acid manufacturers was average, and the supply of on-site goods was normal. However, the price of anhydrous hydrofluoric acid in domestic manufacturers was lower than that in domestic manufacturers The demand of the refrigerant industry is poor, and the market is mainly purchased on demand. It is expected that the market price will continue to rise slightly in the future.

3、 Future forecast

According to the refrigerant analysts of the business agency, the price of refrigerant R134a is at a low level, the terminal demand is weak, and the manufacturers are under pressure to ship. It is expected that the market of refrigerant R134a will be weak in the short term, and there is still a risk of decline in the situation of oversupply.

According to the monitoring data of the business agency, the external price of ethylene has increased slightly recently. The average price of ethylene on the 14th day was 738.50 US dollars / ton, compared with 737.50 US dollars / ton in the previous trading day, up 0.14%. The current price is up 8.48% month on month, and the current price is down 15.50% year-on-year.

Recently, the overall trend of ethylene is rising slightly. Asian ethylene market prices remained stable. As of the 14th, CFR Northeast Asia closed at $795-805 / T and CFR Southeast Asia closed at $700-710 / T. European ethylene market price rose, as of the 14th, the European ethylene market price was FD, northwest Europe closed at 757-764 US dollars / ton, CIF northwest Europe closed at 681-689 US dollars / ton. The price of ethylene in the United States remained stable. As of the 14th, the price was 335-353 US dollars / ton. Generally speaking, the ethylene market in Europe and the United States has increased steadily in recent years. The demand of the whole ethylene market is fair, and the trading atmosphere is general, and the increase is small.

International: on July 14, the price of WTI crude oil futures market in the United States rose, with the settlement price of main contracts at $40.29/barrel, up $0.19. The price of Brent crude oil futures market rose, with the settlement price of main contracts rising by US $0.18 to US $42.90/barrel. Crude oil rose slightly, mainly due to the implementation rate of OPEC + production reduction reaching 107%. Crude oil market rose, giving ethylene cost support, ethylene external market rose slightly.

The downstream styrene price remained stable, and the average styrene price on 14 days was 5366.67 US dollars / ton. Generally speaking, the price of pure benzene rose, and the stock market rose sharply, which was good for the upward trend of styrene price. It can give ethylene some support.

Ethylene analysts of the chemical branch of the business agency believe that: at present, crude oil stocks in the United States are decreasing, and crude oil futures in Europe and the United States are rising slightly. The formation cost of ethylene is supported, and the ethylene price is currently at a low level, so the data analysts of the business agency expect that the ethylene price will mainly rise next.

According to the statistics of the business agency, as of July 14, the price of nylon filament DTY in Jiangsu was 15500 yuan / ton, which was 600 yuan / ton lower than that on July 1, 3.73% and 14.68% year-on-year; the price of nylon POY was 13200 yuan / ton, 460 yuan / ton, 3.37% and 15.92% respectively; the price of nylon FDY was 16400 yuan / ton, with a decrease of 350 yuan / ton, a decrease of 2.09% and a year-on-year decrease of 17.79% 。 Demand for orders is very common, the price of raw materials is generally down, and the price of nylon filament is lower.

Crude oil rose slowly. As of July 13, WTI crude oil was at $40.12/barrel, with an amplitude of 4.15% in early July, lower than 11.44% in the same period in June. Crude oil has risen from $20 in mid April to $40 at present, thanks to the efforts of major crude oil producing countries to reduce production. In June, however, the trend of crude oil was limited, and the trend was affected by the next wave. In addition, according to market news, OPEC + is about to relax the scale of production reduction. Saudi Arabia proposes to reduce the scale of production reduction from 9.7 million B / D to 7.7 million B / D in August. It is reported that OPEC + countries may make a final decision on this issue on July 15, with increasing pressure on crude oil.

As the textile market is in the off-season, the problem of inventory pressure appears. The downstream procurement slowed down, and the support provided by crude oil was limited. Overall market poor goods, short-term short-term market, general profit to inventory. The supply of cyclohexanone is abundant, so is the downstream caprolactam. The market for polymerization and filament has entered a weak period, and some factories have slightly reduced the negative pressure. On July 7, Sinopec caprolactam was listed at 10400 yuan / ton this week, down 400 yuan / ton. After pulling one hair and moving the whole body, cyclohexanone and PA6 decreased to varying degrees. As of July 14, cyclohexanone, caprolactam and PA6 fell 6.94%, 6.09% and 4.10%, respectively.

According to business agency analysts, the form of export is not optimistic, the domestic market capacity is limited, and in the context of globalization, internal digestion has been discounted compared with previous years. And summer is the traditional off-season, de inventory operation is the majority, the price is lower. But some people think that September and October reflect the next year’s orders, the end of the year may usher in a turnaround, short-term nylon filament weak operation.

1、 Price trend

According to the business club’s large list data, the average ex factory price of powdered monoammonium was 1883 yuan / ton on July 6, and 1883 yuan / ton on July 10, maintaining a stable price.

According to the business club’s large list data, the average ex factory price of 64% diammonium on July 6 was 2185 yuan / ton, and on July 10, the average ex factory price of 64% diammonium was 2185 yuan / ton, and the price remained stable.

2、 Market analysis

The market of monoammonium phosphate is stable this week. In Anhui Province, 55% powdered ammonium was quoted at 1900-1950 yuan / T, and the start-up was stable. In Hubei Province, the ex factory quotation of 55% powdered ammonium is about 1850-1950 yuan / ton, and that of 60% powdered ammonium is 2050-2100 yuan / ton. The market in Henan maintained stable operation, 55% powdered ammonium was quoted at about 1950 yuan / T, and the start-up was stable. The price of 55% powdered ammonium in Shandong Province is 1850-1950 yuan / ton, and the price is stable. The factory quotation of 55% powdered ammonium in Sichuan is about 1950 yuan / ton.

Diammonium phosphate Market is stable this week. At present, the mainstream factory quotation of 64% diammonium in Hubei Province is 2150-2250 yuan / ton, that in Shandong Province is 2200-2250 yuan / ton, that in Yunnan Guizhou area is 2300-2450 yuan / ton, and that in Anhui Province is 2200-2350 yuan / ton. In Gansu Province, 64% DAP mainstream factory quotation is 2250-2350 yuan / ton. The quotation of 64% diammonium at the first arrival station in Heilongjiang Province is about 2400 yuan / ton.

Raw material phosphate rock market this week, the overall market no volatility, still maintain light and stable operation. At present, the terminal market demand is poor, performance is weak, phosphorus ore market is cold, new orders are not many. The price of raw material sulfur was stable this week, with the reference price of 653.33, unchanged with the beginning of the month. Downstream compound fertilizer enterprise market is not good, new single purchase less, stable operation in the short term.

3、 Future forecast

Ammonium phosphate analysts believe that the market of ammonium phosphate this week is weak, and the price has no fluctuation. There are many orders in the early stage, and the price remains firm. Diammonium phosphate is the off-season of domestic demand, the market is relatively light, and the export market is good. It is expected that the price of ammonium phosphate will run smoothly in the future.

According to the data monitoring of business agency, in the first ten days of July (July 1-9), the overall trend of domestic PE spot market showed a continuous upward trend, among which LDPE rose the most significantly, with an increase of 6.52% during the period. Although it is in the off-season of terminal demand, due to the centralized maintenance of petrochemical units, the market supply pressure is not big, which has certain support for some regions.

Average price range of regional varieties and specifications on July 1 and July 9

East China LLDPE 7042 7050.00 yuan / ton 7450.00 yuan / ton + 5.67%

LDPE 2426h 8437.50 yuan / ton ￥ 8987.50 yuan / ton + 6.52% in East China

In East China, HDPE 5000S 7816.67 yuan / ton: 8300.00 yuan / ton + 6.18%

PE spot market three major varieties pull up sharply

In July, the prices of the three major varieties in the PE spot market continued the upward trend in June and continued to pull up sharply. At present, the centralized maintenance of petrochemical enterprises is not over, the daily output of petrochemical enterprises remains at a low level, and the spot supply pressure is not great. Petrochemical enterprises have continuously raised the ex factory price. Due to the low price of wire drawing goods in the early stage, the current price increase of wire drawing materials is the most obvious, with the increase of 250-550 yuan / ton. The rising cost has brought a certain boost to the market. The attitude of shippers is better, and they mainly follow the trend.

Continuous high opening of polyethylene futures drives up the spot market

In terms of futures, the price of plastic futures was significantly higher due to the impact of macro sentiment and reduced supply. The main plastic contract rose by 3.31% on Monday (July 6), and then rose for two consecutive days. As of the end of Thursday (July 9), the price of plastic futures rose by 4.14%. Boost the spot market trading atmosphere, PE spot market price is firm, continue to act on the main.

The lack of terminal demand has curbed the rise

In terms of demand, the current demand is still in the low season of downstream demand. This week, the overall operating rate of agricultural film is about 15%, slightly increased compared with the previous period, and the operating rate of plastic film is basically flat. Some medium-sized and large-scale enterprises maintain certain production, while others mainly carry out periodic production or shutdown. The overall demand of downstream users is not high, and they are against the current high price goods source. They replenish more goods on demand and give priority to small orders. On the whole, there is no obvious increase in the order volume. The factories are cautious and wait-and-see, and the market transaction atmosphere is flat, which plays a certain role in curbing the price rise.

After the market in the short term or ushered in a correction in the long term, there are still rising expectations

At present, some units of the enterprise are still in the state of shutdown and maintenance, and the impact of social and public health events on the domestic market is limited. The downstream gradually returns to work and production, the operating rate is significantly increased compared with the previous period, and the downstream demand gradually rises in the later stage. At present, the ex factory price of petrochemicals is high, but the futures market is no longer rising, and the international oil price is falling sharply. To a certain extent, it depresses the market confidence and aggravates the wait-and-see mentality of the downstream. It is expected that the PE market will usher in a correction in the short term, and there is still a long-term rise expectation.

According to the monitoring of the business agency, the price of domestic anhydrous hydrofluoric acid rose slightly this week. As of the end of the week, the market price of hydrofluoric acid was 9035 yuan / ton, a slight increase of 0.06% compared with the price of 9030 yuan / ton at the beginning of the week, and a year-on-year decrease of 25.21%.

Recently, the domestic hydrofluoric acid price has risen slightly. Up to now, the mainstream price of hydrofluoric acid in various regions of China is 8500-9000 yuan / ton. The domestic hydrofluoric acid market is generally traded. The favorable factors of hydrofluoric acid price rising include the following aspects:

First, the market price of hydrofluoric acid raw material fluorite remained at a high level. As of the end of the week, the domestic fluorite price was 2800 yuan / ton. Recently, the domestic spot supply of fluorite was normal, and some of the merchants with low prices could not offer. The market reflected that the spot supply of fluorite was slightly tight, and the price of fluorite remained high. By the end of the weekend, the mainstream of domestic fluorite negotiations was 2650-2850 yuan / ton. The rising price of fluorite in the market was a good support for hydrofluoric acid market, and the domestic hydrofluoric acid market price rose slightly.

Second: the domestic market of refrigerants has recovered this week. On the one hand, domestic demand has improved. Although the start-up of the refrigerant industry has not increased significantly, the demand for hydrofluoric acid market has increased, and the domestic hydrofluoric acid market price has gone up. On the other hand, the economy of Europe and the United States recovered, the export of refrigerants improved compared with the previous period, and some prices of domestic refrigerant industry rose. As of the end of the week, the domestic R22 product price was 16166.67 yuan / ton, and the R22 price rose slightly. The rise of refrigerant price was another good thing for hydrofluoric acid market. In recent years, the sales situation of the automobile industry has improved, the market price of refrigerant downstream of the terminal has increased, the foreign economy has gradually recovered, and the export of refrigerant terminal has improved. In addition, the sales and after-sales maintenance of the domestic air-conditioning industry have increased compared with before, so the domestic and foreign demand has increased. The price of refrigerants went up, and the market price of hydrofluoric acid increased slightly due to the favorable support from downstream.

Third, the domestic hydrofluoric acid spot supply is normal, the hydrofluoric acid plant is running stably, and the hydrofluoric acid market price has risen slightly. So far, the mainstream hydrofluoric acid negotiation in the southern region is 8500-9000 yuan / ton, and the hydrofluoric acid price in the northern market is 8000-9000 yuan / ton. In recent years, the domestic hydrofluoric acid market price trend has risen slightly, some manufacturers reflect that hydrofluoric acid exists in the cracks, and some manufacturers still have losses.

On the whole, the domestic hydrofluoric acid market price has risen due to various favorable factors. However, recently, the fluorite traders in the fluorite market have reflected that there is still room for increase in fluorite market price. In addition, the price of R22 continues to rise in the near future. The upstream raw material market price rise will become a good support for the hydrofluoric acid market. However, manufacturers report that the recent delivery situation is poor. Chen Ling, an analyst of hydrofluoric acid in the business agency, thinks that The market price of hydrofluoric acid may remain volatile.

1、 Price trend

According to the monitoring data of business agency, the average ex factory price of domestic ammonium sulfate was 581 yuan / ton on June 1, and 563 yuan / ton on June 30. The price fell by 3.15% in June. The highest price is 581 yuan / ton and the lowest price is 563 yuan / ton.

2、 Market analysis

In June, domestic ammonium sulfate started operation stably, and the price showed a “ladder” decline. At the beginning of the month, the trading of coking grade ammonium sulfate was poor, the demand was reduced and the market was weak. The weakness of ammonium sulfate in our company continues, the market is not optimistic, and the price is down steadily. In the middle of the month, coking grade ammonium sulfate fluctuated slightly, and the market gradually improved. The inner grade ammonium sulfate was smoothly finished and the export was slightly improved. At the end of the month, the ammonium sulfate Market was running smoothly, and the manufacturers were active in shipping before the festival. The coking grade ammonium sulfate was running firmly, and the internal grade ammonium sulfate could be discussed. This month, the mainstream ex factory quotation of ammonium sulfate in Central China is about 490-640 yuan / ton, that in Henan is 500-560 yuan / ton, that in Hebei is 470-590 yuan / ton, that in Shandong is 520-590 yuan / ton, that in East China is 500-650 yuan / ton, that in North China is 470-650 yuan / ton, and that in Northeast China is 470-650 yuan / ton The main factory quotation of regional ammonium sulfate is 520-630 yuan / T.

In June, the market of downstream compound fertilizer enterprises was still depressed, and there was no significant change in demand. Corn fertilizer began to start, but the demand was limited. Now it is in the off-season of fertilizer market, the autumn fertilizer market has not yet started, and the policy is about to be issued. At present, the market is cold in summer, and farmers’ enthusiasm for using fertilizer is weakened. Compound fertilizer raw material price market is not good, cost support is limited, compound fertilizer enterprises hold a wait-and-see attitude.

3、 Future forecast

Ammonium sulfate analysts believe that ammonium sulfate Market in June is not good, weak demand, prices continue to fall. At the end of the month, the shipment situation slightly improved, the price was firm, and the market began to stabilize. It is expected that the price of ammonium sulfate will be stabilized in July.

According to the monitoring of the business agency, the domestic market price of phthalic anhydride has dropped slightly recently. As of the 7th day, the quoted price of phthalic anhydride was 5187.5 yuan / ton. The market price of phthalic anhydride has decreased by 0.72% since July, with a year-on-year decrease of 12.08%. The demand for terminal downstream is poor, and the price of phthalic anhydride falls slightly.

Domestic market price of phthalic anhydride declined slightly, the situation of phthalic anhydride market was general, the high crude oil price boosted domestic petrochemical products, the impact of o-benzene price was supported, and the decline of phthalic anhydride market price was limited. Domestic phthalic anhydride manufacturers started normal operation, and the on-site operating rate of phthalic anhydride was about 60%. Domestic phthalic anhydride spot supply was normal. Downstream plasticizer industry mainly purchased on demand, and the market price of phthalic anhydride was weak. The market price of phthalic anhydride and phthalic anhydride in East China decreased slightly, and the high-end transactions were limited. In East China, the main source negotiation of neighboring France was 5100-5300 yuan / ton, while that of naphthalene process was 4800-5000 yuan / ton; the mainstream quotation of phthalic anhydride market in North China was 5200-5300 yuan / ton, and the market outlook of phthalic anhydride was still in the market, and the market price of phthalic anhydride decreased slightly.

In recent years, the market price of phthalic anhydride has fallen. The main negative factor is that the plasticizer industry is in the off-season, and the downstream demand of the terminal is poor. Since July, the price of the downstream DOP market has not changed much, and the price has been maintained at 7433.33 yuan / ton. DOP enterprises are in normal operation, PVC enterprises are back to normal operation, DOP prices are fluctuating, downstream customers just need to purchase mainly, plasticizer transaction is general, and customers’ purchasing enthusiasm is general. The market price of plasticizer fell. The DOP market quotation was about 7300-7400 yuan / ton. The downward pressure of DOP market in the future market was increased, and the rising power was weakened. The downstream demand was not improved, which was the biggest negative for the lower market price of phthalic anhydride.

The price of upstream raw material o-benzene remained high, and the price in July remained 4460 yuan / T. supported by the high crude oil price, the domestic o-benzene price did not change much, the import o-benzene market in the port area fluctuated and adjusted, and the quotation remained stable. Recently, the port’s o-benzene inventory was high, and the external price of o-benzene dropped. The actual transaction price is subject to negotiation. The actual list is discussed in detail. The operation of o-benzene equipment is about 80% and the supply of o-benzene is provided The stable price of o-benzene gives a certain cost support to phthalic anhydride market, and the decline of phthalic anhydride market price is limited.

In recent years, crude oil prices have been high and the price trend of raw material o-benzene has remained volatile. However, the transaction volume of plasticizer is limited, and the future DOP market is facing downward pressure. The negative factors have a great impact on it. It is expected that the market price of phthalic anhydride will decrease slightly in the future.

As expected in June, the domestic dimethyl ether market still did not get rid of the downward trend and continued to decline. According to the data monitoring of business agency, the average price of dimethyl ether in Henan market on June 1 was 2270.00 yuan / ton, and on June 30 was 2193.33 yuan / ton, a decrease of 3.38%, compared with 28.56% in the same period of last year.

Regional specification Date Quotation

Mass fraction of dimethyl ether in Shandong area: ≥ 99.0% June 30 2130 yuan / ton

The mass fraction of dimethyl ether in Hebei area: ≥ 99.0% June 30 2200 yuan / ton

The mass fraction of dimethyl ether in Henan Province: ≥ 99.0% June 30 2110-2180 yuan / ton

In June, DME continued to be weak and its focus continued to move downward. The market operating rate was about 12%, which was lower than that of last month. The market transaction atmosphere was still depressed. At the beginning of the month, although crude oil rose, CP was released higher than expected in June, and the civil gas market rose positively, the positive effect on DME was very limited, and the market continued its decline in May. The enthusiasm of downstream market entry is general, manufacturers’ shipment situation is not good, some enterprises’ inventory pressure is rising, prices continue to decline in a weak position, repeatedly record low.

With the price falling to a relatively low level, the market trading atmosphere is still not significantly improved. In the case of cost inversion, most enterprises reduce production load, a small number of enterprises are forced to stop, the market operating rate is weakened, which brings some support to the market, and the price stops falling and stabilizes. However, the decline of LPG civil market still has a negative impact on DME, and there is still a certain inventory in the downstream, so the market is limited and the price is mainly stable. Until the 17th, crude oil continued to rise slightly, and market supply continued to decrease, DME market finally ushered in an upward trend. Henan xinlianxin took the lead in raising the price by 10 yuan / ton, while other enterprises adjusted the price and followed the increase. However, the poor demand of the terminal market is still the biggest constraint, and the cost of methanol is weak consolidation, the trend of liquefied gas for civil use is not good, and the rising power of dimethyl ether is insufficient and the increase is limited, and then the trend is still stable.

After a narrow cut on the 21st, the market was collated horizontally until the end of the month (30th). During this period, the atmosphere of DME market transaction was relatively light, Henan as the main production area, the market supply was more sufficient. However, under the influence of seasonal factors, although the market operating rate is less than 15%, it is difficult to get out of the weak position. As the main enterprise in Henan market, heart to heart, constrained by the demand, the company began to offer steadily on June 19. The shipping situation is not ideal, and only small orders are purchased in the downstream. At present, the sales pressure of enterprises is great.

At present, because dimethyl ether is in the traditional off-season, the terminal demand is not high, and under the influence of social and public health events this year, the demand of some catering industry is not as good as in previous years, and most enterprises say that the sales pressure of dimethyl ether is relatively high. Although the LPG civil market changes, the DME market is not affected by it, and it is still “responding to changes with the same”. In the future, it is difficult for DME to change the weak position in the short term, but there is not much room for decline. In July or weak narrow range consolidation is the main trend.

1、 Price trend

According to the monitoring of the bulk data of business agency, the mainstream price of styrene in China this week was weak and fluctuated slightly, falling slightly. On Monday (June 29), the price of sample enterprises of business agency was 5433.33 yuan / ton, while on Friday (July 3), the price of sample enterprises was 5366.67 yuan / ton, a decrease of 1.23%. The price fell by 40.04% compared with the same period last year.

2、 Market analysis

This week, the market price of styrene was weak and fluctuated slightly. On June 29, East China styrene closed at 5400-5450 yuan / ton, while on July 3, 5300-5400 yuan / ton, a drop of 50-100 yuan / ton. The above is Zhangjiagang export price. On June 29, South China styrene closed at 5600 yuan / ton, and on July 3, 5600 yuan / ton, stabilized, and the prices of the above factories were delivered.

In terms of raw materials, crude oil prices fell at the end of last week, leading to the price of pure benzene falling all the way, while ethylene prices rose due to the recovery of demand and tight supply. As of Thursday (July 2), the mainstream ethylene price was 777.00 yuan / ton, up 45.25 yuan / ton or 6.18% from 731.75 yuan / ton on Friday (June 26).

As of Thursday (July 2), the mainstream quotation of pure benzene was 3140.00 yuan / ton, down 380 yuan / ton or 10.8% from 3520.00 yuan / ton on Friday (June 26). The price of pure benzene in East China fell rapidly due to the high level of port inventory and forced withdrawal of spot goods. After the festival, although the dealers and manufacturers on the market stood firm and wait-and-see prices, the overall inventory was on the high side, and the pressure of spot delivery of pure benzene was great. The subsequent bearish mentality appeared, and the price of pure benzene went down all the way.

In terms of inventory, the short-term oversupply situation has not changed, and the mainstream inventory is still at a high level. The arrival of styrene in port is stable, the warehouse capacity is tight, and the spot selling pressure is huge. Total inventory in East China this week was 382600 tons, up 1.95% from 375300 tons last week. This week’s arrival is too much, styrene inventory is difficult to go. In terms of domestic styrene, the 200000 tons of Donghao and 300000 tons of Xinyang units were shut down this week, and the domestic supply decreased, but the domestic styrene factory inventory did not fall, but rose slightly.

On the downstream side, the styrene downstream overall stable this week, ABS plummeted, but still maintained considerable production and marketing profits. In the PS market, as of Thursday (July 2), the mainstream ex factory price of PS in East China was 8100 yuan / T, which was stable compared with last Friday (June 26). The tight supply of goods this week has eased, and the market continues to be weak with the lack of positive news to stimulate the market to stabilize and consolidate.

In the EPS market, as of Thursday (July 2), the mainstream ex factory price of EPS in East China was 8100 yuan / ton, which was stable compared with last Friday (June 26). The supply of EPS in South China and East China market was still tight, and the circulation speed of goods in the market slowed down, and the overall wait-and-see mood in the downstream was strong.

In the ABS market, as of Thursday (July 2), the mainstream ex factory quotation of ABS Zhejiang was 13250.00 yuan / ton, down 50 yuan / ton or 0.38% from 13300 yuan / ton on Friday (June 26). This week, the demand for ABS terminal appliances continued to be strong, and the market demand declined. However, the spot supply in some markets was still tight, and the overall inventory was low. It is expected that the price of ABS terminal home appliances will continue to fall in the near future.

3、 Future prospects

Crude oil fluctuated in a narrow range, and the price of pure benzene was already at a low level compared with the previous period, and the rebound intention of bottom reading was large. However, the storage pressure and spot pressure brought unknown to the rebound of pure benzene. While ethylene is running at a high level, the cost support of styrene is still in place, but the styrene inventory is still high, the supply pressure is still on, the downstream demand is good, and the supply and demand of styrene continue to flourish. It is expected that styrene will be dominated by weak shocks next week. The market needs to pay close attention to the trend of crude oil price.