According to latest facts and numbers released by the United States, 10 U.S. non-strategic reserves of crude oil inventory has expanded to 366.7 million barrels, in September 1990 for the largest worth, this contradictory report, as well as the influence of the U.S. dollar last week, Nymex crude oil futures charges of Since February this year, the biggest since the week of down turn, Friday to close at 50.33 U.S. dollars / barrel, or 3.7%. Natural gas futures charges increased 3.3 per hundred the preceding week to 3.729 U.S. dollars / MMBtu, but still at historic lows.
Benzene prices last week the slow-down, rose 8.3% to 5200 yuan / ton. Outside the disk as a result of market prices remained stable, rising domestic Benzene has also been a certain resistance to the wishes of manufacturers increased shipments, but when Friday Sinopec Wuhan Branch of the pure benzene prices rose to 5400 yuan / ton, some manufacturers have intend to increase this week, is expected to remain up having pure benzene. Phenol and bisphenol A in the pure benzene prices, driven up by 10.8%, respectively, -10.5% to 7200 yuan / ton and 9500 yuan / ton.
Last week, 11.4% glacial acetic unpleasant proceeded up to 3900 yuan / ton, although, diverse from region. Serious provide shortages in south China, mostly of little lone transaction; and demand in North China due to insufficient lightweight turnover; the most good in east China, manufacturers are the major suppliers to the agreement, traders have little supply, some traders even at a 4,200 yuan / ton price. Follow-up charges but furthermore count on the presentation of downstream products.
Last week, propylene costs plunge notably, down from 11.2% to 7520 yuan / ton. Receives a large number of in the household costs commenced to acclimatise the insist of deals down, waiting for the follow-up still a large number of basis of wares to Hong Kong and the follow-up can not be confident about the trend.
Polyurethane, the polymeric MDI charges have escorted in a long time, but furthermore a gigantic increase, up 29.2 per hundred to 15,500 yuan / ton. Downstream demand for ultra-rigid and partial output is anticipated due to gear malfunction or aniline initiated by insufficient provide of raw components provide stress is the major cause for increasing polymerization MDI. Affected by this, in east China polyether foam charges 8.2 per hundred to 9200 yuan / ton, the smaller comes to of the frig market demand and the top comes to of the steadiness of charges will be rigid to support prices. However, charges in the PO directly up after the drop, or 8.0 per hundred to 10,300 yuan / ton, propylene cost fall influenced the mentality of businessmen, have to decrease the boats cost, but there are furthermore some follow-up of trades of items to Hong Kong manufacturers on the smaller comes to of the formation of shunt .
International urea market transactions last week, still light-weight, the number of customers in South Asia looks like to be waiting for China’s trade overseas, North America, Europe, the procurement light-weight, the seaport of urea costs carried on to descent to some extent, the small end of the Arab territory FOB costs continue at 270 U.S. dollars / tons, However, high-end costs carry on to decline; in the household urea market is still frail, the region-based costs to plunge, Jiangsu territory upheld at a wholesale charge 1870 yuan / ton. International DAP costs plunged over, the Tampa environs or FOB charge of 5 U.S. dollars / ton to 335 U.S. dollars / ton; the in the household market unwavering, but the real transaction costs, Jiangsu territory plunged 200 Price / ton to 3,000 yuan / ton. International potash costs unwavering, but in the household potash fertilizer goods produced as a effect of the downstream environs of the expansion and that some dealers out low-cost wares, the charge carried on to plunge, Jiangsu territory of Russia or potassium 100-3700 yuan / ton.
