The reporter recently learned from the China Petrochemical Association that, according to the market monitoring of petrochemical products in 36 large and medium-sized cities in the country, the association statistics show that in the first quarter of this year, due to the fluctuation of international oil prices and the sharp increase in the prices of related products, the prices of major domestic petrochemical products were Rise and drop, small fluctuations, but the overall stability. The forecast also shows that in the second quarter of this year, with the changes in the international oil prices and the needs of downstream companies, the prices of major domestic petrochemical products will still fluctuate, but there will be no major ups and downs. This price situation will continue until the end of the year.
The monitoring report pointed out that the factors affecting the price changes of domestic petrochemical products in the first quarter mainly include fluctuations in crude oil prices in the international market, the supply and demand of petrochemical products, and the sharp rise in natural rubber prices.
First, the high price of oil in the international market will still have a certain role in supporting the price of petrochemical products. At present, the international market price of oil is still at a historical high. Among them, the price of crude oil was comparable to the same period of last year, and refined oil prices were slightly higher than the same period of last year. And the economic situation in the first quarter of this year was relatively good. Therefore, in the period to come, it will be very difficult for the oil price in the international market to drop sharply again.
Second, the overall demand for petrochemical products will also support the high price of petrochemical products. At present, China's economy is in a period of rapid development. Buildings, textiles, electronics, automobiles and Other industries are in great demand for petrochemical products, and some chemical products need to be imported in large quantities. This will support the long-term operation of petrochemical products at high prices.
Third, the production and operation of downstream enterprises also have an important influence on the price of domestic petrochemical products. Statistics show that the production of chemical fiber, tires and other products will maintain a relatively rapid growth momentum, which will increase the demand for related petrochemical products to a certain extent, and prompt its prices to maintain a high level.
Fourth, the continuous increase in production capacity will also affect the price of some petrochemical products to some extent. In recent years, due to the sharp increase in the price of petrochemical products, some petrochemical production plants have been built in China, and the production capacity of some petrochemical products has increased significantly. The commissioning of these devices will have a major impact on the domestic market and prices of related petrochemical products.
Fifth, in May, the domestic natural rubber producing areas of Hainan and Yunnan will be successively cut, and Southeast Asia will gradually enter the rubber season. The supply of natural rubber will change from tight to loose, and the increase in the price of synthetic rubber will also be suppressed to some extent.
The monitoring report pointed out that the factors affecting the price changes of domestic petrochemical products in the first quarter mainly include fluctuations in crude oil prices in the international market, the supply and demand of petrochemical products, and the sharp rise in natural rubber prices.
First, the high price of oil in the international market will still have a certain role in supporting the price of petrochemical products. At present, the international market price of oil is still at a historical high. Among them, the price of crude oil was comparable to the same period of last year, and refined oil prices were slightly higher than the same period of last year. And the economic situation in the first quarter of this year was relatively good. Therefore, in the period to come, it will be very difficult for the oil price in the international market to drop sharply again.
Second, the overall demand for petrochemical products will also support the high price of petrochemical products. At present, China's economy is in a period of rapid development. Buildings, textiles, electronics, automobiles and Other industries are in great demand for petrochemical products, and some chemical products need to be imported in large quantities. This will support the long-term operation of petrochemical products at high prices.
Third, the production and operation of downstream enterprises also have an important influence on the price of domestic petrochemical products. Statistics show that the production of chemical fiber, tires and other products will maintain a relatively rapid growth momentum, which will increase the demand for related petrochemical products to a certain extent, and prompt its prices to maintain a high level.
Fourth, the continuous increase in production capacity will also affect the price of some petrochemical products to some extent. In recent years, due to the sharp increase in the price of petrochemical products, some petrochemical production plants have been built in China, and the production capacity of some petrochemical products has increased significantly. The commissioning of these devices will have a major impact on the domestic market and prices of related petrochemical products.
Fifth, in May, the domestic natural rubber producing areas of Hainan and Yunnan will be successively cut, and Southeast Asia will gradually enter the rubber season. The supply of natural rubber will change from tight to loose, and the increase in the price of synthetic rubber will also be suppressed to some extent.
Brando Hardware Co., Ltd. , http://www.nbbrandohydraulic.com