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Jiuhong Chemical February 14 Product Quotation




Crude Oil:

2/13 close: OPEC Secretary General called on major oil producing countries to maintain the production reduction strategy, coupled with the decline in Venezuelan crude oil production, international oil prices continue to rise. WTI53.90 up $0.80/barrel; Brent 63.61 up $1.19/barrel. China's SC main 1903 rose 5.2 to 433.7 yuan/barrel.


Futures weak shock mainly, and the terminal plastic weaving plant has not yet resumed, the spot market is weak. The downstream raw material reserves are sufficient, the refinery has obvious intention to make profits and ship goods, the mainstream transaction of Shandong propylene market is 7650-7750 yuan/ton, and the overall demand enthusiasm of the downstream is weak.


Yesterday, the domestic positive butanol continued to stabilize. Market trading improved, downstream low-level willingness to fill positions is still good, butanol plant inventory gradually downward shift. Shandong Lihuayi Butyl Octanol Plant is operating normally. Today, n-butanol is subject to 6900 yuan/ton self-extraction. Luxi Chemical Co., Ltd. today set a pricing price of 6800 yuan/ton leaving the factory, with high load and low inventory. Yankuang butanol plant has a high load, and n-butanol is not quoted for the time being. It is mainly used for downstream butyl acetate for its own use and sold out.

Phthalic anhydride:

Affected by the pre-holiday factory clearance, the overall inventory pressure of the phthalic anhydride industry is controllable, and the phthalic anhydride factory maintains the pre-holiday offer. East China adjacent law 7000-7100 yuan/ton factory, North China and Shandong adjacent law 6950-7050 yuan/ton factory, naphthalene mainstream 6700-6800 yuan/ton factory.


The company's annual production capacity of 180000 tons of DBP plant production is normal, the annual production capacity of 40000 tons of adjacent naphthalene mixed legal phthalic anhydride production is normal, all for their own use. Crude oil prices continue to rise in the good market, the mainstream price of positive butanol is stable, phthalic anhydride is affected by raw materials, the downstream customer inquiry procurement enthusiasm is high, DBP factory price sentiment is obvious, the recent DBP or continue to stabilize the trend. Today, DBP of the company implements 8100 yuan/ton, one for one price, limited sales.

Warm Tip: As customers will collect the goods after the year, please inform our business personnel three days in advance if there is a delivery plan. We will arrange the delivery. Thank you for your understanding and support.