1、 Price trend
| Sodium selenite |
According to the bulk data list of business society, the average price of domestic hips on September 3 was 12133.33 yuan / ton, down 67 yuan from 12200 at the beginning of the week, down 0.55% during the week and 2.15% month on month.
2、 Market analysis
The hiips market fell slightly this week, but the range was small, less than 1%. The benzene penetration market was relatively stable. Recently, the raw material styrene fluctuated and rose, but the demand dragged down the price, the shipment of hips enterprises was under pressure, the price decreased steadily, and the transaction atmosphere was relatively flat. With the maintenance plan of Ningbo Ineos benzene, there are certain advantages on the supply side, and the hips market may pick up. Up to now, the mainstream price of hips is mostly about 11700-14800 yuan / ton, and the price of benzene is mostly about 10500-11000 yuan / ton. The overall market situation is weak and stable.
| Chitosan oligosaccharide |
In the international crude oil market, on September 3, the international oil price closed lower. The settlement price of the main contract in the U.S. WTI crude oil futures market was US $69.29/barrel, down US $0.70 or 1.0%, and the settlement price of the main contract in Brent crude oil futures market was US $72.61/barrel, down US $0.42 or 0.58. At the macro level, it was mainly because the employment data previously released by the United States was weaker than expected and generally worried about the prospect of economic recovery. However, the hurricane led to the reduction of oil production in the Gulf of Mexico, which provided support and limited the decline of oil prices.
In terms of raw materials, on September 3, the reference price of styrene was 8887.50, an increase of 1.14% compared with September 1 (8787.50). Styrene maintenance devices will be restarted one after another, the port will accumulate warehouses, and there will be device maintenance in the downstream in early September. It is just necessary to have a weakening expectation. There is little change in the fundamentals of styrene. It is expected that styrene will still follow the rise and fall of crude oil, fluctuate in the range, and mainly wait and see. Styrene is expected to remain volatile in the short term.
3、 Future forecast
The business agency believes that at present, the price of raw materials fluctuates obviously, but the demand is dragged down. It is expected that the hips market will be in a stalemate in the short term, and the price will fluctuate slightly.
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