Last week, the demand for products in the domestic chemical market was weaker

Business statistics show that last week the domestic chemical market continued to rebound. Among the 68 chemical products monitored, 21 were up products, accounting for 30.9% of the monitored products. However, the demand-pulling action showed signs of abating. Business community analyst Zhang Ming said that most companies did not have a strong desire to purchase before, and the chemical industry's overall market outlook was limited due to the weakening demand, such as trichloroethylene, HFC-22, light soda ash, and chloroform. Under the drag of sluggish downstream demand, it entered the top five drop list.

The data show that the top five gainers last week were: HFC-134a, weekly gains of 9.75%; titanium dioxide, weekly gains of 2.96%; pure benzene, weekly gains of 1.87%; acetone, weekly gains of 1.84%; phenol, weekly gains of 1.51%. . There are 30 products with stable prices, accounting for 44.1% of the monitored products. There are 17 products with falling prices, accounting for 25% of the monitored varieties.

Supplier speculation became the main driver of HFC-134a price increase. Although there was no cost support for upstream hydrofluoric acid, trichloroethylene, etc., HFC-134a eventually became the champion of chemical market gains last week under the influence of manufacturers deliberately limiting production and pushing prices. The rise in the prices of pure benzene, acetone, and phenol is due to the pull of international crude oil.

Liu Xintian, editor-in-chief of the business club, believes that the recent price fluctuations in crude oil have gradually weakened the impact on petrochemical midstream and downstream products, and downstream products have become accustomed to crude oil fluctuations around 100 dollars. Crude oil can only make a substantial impact on the downstream market if it breaks through upwards of $110 or falls below $90. The petrochemical market has entered the 2012 finale with a weak adjustment. It now appears that this adjustment period is expected to continue until around the Spring Festival.

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