OilChem, Sep.13 –
International crude oil:
|Region||Closing Price of Sep 12th||Closing Price of Sep 11th||Change||Unit|
|Mainstream Contract Price of China SC||531||522.2||+8.8||$/bl|
|Region||Closing Price of Sep 12th||Closing Price of Sep 11th||Change|
C5 separating products:
The domestic cracking C5 price kept stable yesterday, with the domestic mainstream price of Yuan 5,150-5,200/mt. Domestic C5 raffinate prices were Yuan 5,300-5,800/mt, and the domestic prevailing price of mixed C5 was cited at Yuan 5,450-5,650/mt.
IPM prices were settled at Yuan 9,500-10,200/mt, the market supply kept tight, SIS market was promising, the EXW price went up by Yuan 400/mt to Yuan 15,200/mt in Sinopec Baling Company, which supported IPM, and state-owned factories intended to raise their quotations.
PIP market prices were Yuan 8,200-8,700/mt, the market supply kept tight, downstream petroleum resin enterprises said that it was hard to find PIP resources, and state-owned factories had the price appreciation intention.
DCPD prices were cited at Yuan 7,200-7,400/mt, the price kept steady, the market supply was comparatively tight, which formed the strong support to the price, and the price rose to Yuan 7,500/mt in some regions yesterday. The price of phthalic anhydride, which used technical naphthalene as raw materials, was settled at Yuan 7,000/mt or so, which restricted DCPD.
The rosin price mounted up in South China, the mainstream price of pinus massoniana rosin was Yuan 10,700-10,800/mt in Guangdong and Guangxi, with the prevailing pinus elliottii gum rosin price of Yuan 9,100-9,300/mt. The mainstream EXW price was Yuan 9,200-9,600/mt in Kunming and Jiangxi.
C5 petroleum resin:
C5 petroleum resin market kept stable on the whole. The mainstream transaction price of traffic paint-used C5 petroleum resin was Yuan 9,700-10,200/mt, and the high-end quotation was Yuan 10,300-10,800/mt in East China and South China. The quotation of adhesive-used C5 petroleum resin was Yuan 10,700-11,200/mt in state-owned factories. Puyang Binder Chemical planned to restart its petroleum resin units this week.