Chemicals industry: Most chemicals are sluggish and prices continue to decline

In petrochemicals, the price of crude oil settled down last week due to market fears that prompted Ireland to accept a bailout crisis or spread to other European countries. New York Mercantile Exchange (NYMEX) January crude oil contract settled to a barrel 81.25 U.S. dollars. However, due to the latest report on Wednesday indicating that the US economic outlook improved, crude oil ** settlement price rose, the New York Mercantile Exchange (NYMEX) January crude oil contract settlement price rose 2.61 US dollars to 83.86 US dollars a barrel, or 3.2%, for 4 months The largest one-day percentage increase to come. Downstream main petrochemical raw material prices, ethylene prices remained unchanged and propylene prices fell slightly.

In terms of agrochemicals, as tariff policies are still not announced, this week the market is mainly on a wait-and-see basis, urea prices have been slightly adjusted; the market price of diammonium has remained stable; the market for potassium fertilizers has remained relatively light, prices have remained stable, and fertilizer prices have risen slightly; pesticides have been used as glyphosate The market continued to slump due to its current high price and less turnover.

In the chlor-alkali chemical industry, with the completion of energy-saving and emission reduction tasks, companies that have previously stopped production or reduced production have already started driving. The supply of soda ash has increased significantly in recent days, and prices have dropped. The prices of PVC and caustic soda products are basically the same as last week.

Phosphorus chemical industry, the phosphate ore market supply continued to be tight this week, the price remained consolidation; phosphoric acid prices remained stable; yellow phosphorus trading was scarce, the price continued to maintain the range consolidation.

In terms of polyurethanes, aniline prices fell due to the introduction of new production capacity; domestic MDI continues to decline in weakness; polymerization of MDI and TDI prices fell slightly.

In terms of inorganic materials, the ** market was relatively flat and prices did not change; ** transactions were less and prices were stable; ** the market remained stable this week.

In terms of organic materials, methanol production capacity has increased this week and prices have fallen sharply; the acetic acid market has remained stable; due to the large stocks, the market price has fallen slightly.

In terms of chemical fiber, the price of polyester staple fiber was significantly adjusted this week as the prices of cotton and PTA kept declining.