Market Flash

IOC, as well as several other refiners, in the public and private sector, have amply made clear their intent to integrate their current fuel-focussed operations downstream to petrochemicals.

• India
• Petrochemical

Yesterday, the domestic styrene market was strong, the focus of discussion increased, the price level had some support.

• styrene

Yesterday, the domestic acetone market was deadlocked, downstream replenishment mood was not high, traders remained stable, some contractors were not smooth delivery.

• Acetone

Yesterday, the domestic DOP market trend rose, high-level basic trading follow-up was flat, raw material octanol continued to rise, phthalic anhydride is also robust, but DOP industry cost pressures still exist.

• DOP
• Guide

Domestic methanol continued to fall yesterday. Inventory of Northwest enterprises is still controllable, but due to the weak enthusiasm of downstream delivery, some enterprises are not ideal and prices are loose.

• Methanol
• Introduction

Yesterday, the domestic toluene market was narrow and strong, toluene inventory continued to decline, port arrival pressure was not large. Although oil prices in the two places rose and fell overnight.

• Toluene

Yesterday, the domestic pure benzene Market shocked, crude oil prices fell, external prices rose steadily, New York crude oil fell 0.5% to $55.35. Asia-US arbitrage space is still acceptable.

• Pure
• Benzene;
• Benzene
• Guide

Yesterday, domestic styrene market range shocked, port inventory slightly decreased, the market was supported, most downstream products market recovered slightly.

• styrene

Yesterday, the domestic o-phthalic anhydride market rose steadily, DOP continued to rebound downstream, which boosted the phthalic anhydride market.

• Phthalic
• anhydride

Yesterday, the domestic phenol market was still strong, the manufacturers were in a strong mood, low-price spot is difficult to find, raw materials pure benzene and propylene trend is still acceptable.

• Phenol

Domestic methanol continued to fall yesterday. Northwest overall inventory is not high, but continuous shipment is not smooth, some manufacturers price is loose.

• Methanol

Yesterday, domestic pure benzene market fell slightly, crude oil prices rose slightly, New York crude oil fell 0.8% to $55.68.

• Pure
• Benzene

Yesterday, the domestic acetone market was weak, cost-side support existed, and future market confidence still existed.

• Acetone

Yesterday, domestic toluene market talks were up, oil prices were moderately strong, market follow-up was still available, low prices were difficult to find.

• Toluene

Yesterday, the domestic styrene market slowed down, the upper and lower space of styrene was limited, the market participants were generally willing to trade.

• styrene

Yesterday, the domestic phenol market was consolidated, traders were not able to move smoothly, but still refused to concede under the cost pressure, phenol was not easy to go up.

• Phenol

Yesterday, the domestic phenol market was strong, because the demand side was still weak, factories and traders bid hard, low prices are difficult to find, but downstream just need passive.

• Phenol

Yesterday, the domestic acetone market was deadlocked. Although traders were not able to deliver high-level products smoothly, there was still a bullish mood in the future.

• Acetone

Yesterday, the domestic pure benzene market continued to rise, crude oil prices rose, New York crude oil rose 0.2% to $56.34. Asia-US arbitrage space is maintained.

• Pure
• Benzene

Yesterday, the domestic toluene market was stable, the demand for downstream oil diversion was still in existence, and the port inventory continued to decline.

• Toluene