Analysis of the Asian petrochemical market
Increase of upstream and downstream benzene
Asian benzene settled at $908 per metric ton fob Korea on September 9, up $22. FOB Korea physical discussions started in the afternoon trading session of the same day, and during the process of evaluating the market pack, prices increased.
✅ The growth of toluene parallel to the adjacent market
Asian toluene prices rose $10 per metric ton in September, moving in sync with nearby downstream markets, according to Asia Petrochemical Market Analysis. No trades were reported during the market close.
The growth of methanol in line with the increase of the Chinese market
Ethylene glycol and purified terephthalic acid markets in China rose earlier in the week as tight regional ethylene supply from futures swings and lower PTA inventories boosted methanol futures.
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Increase of upstream and downstream benzene
Asian benzene settled at $908 per metric ton fob Korea on September 9, up $22. FOB Korea physical discussions started in the afternoon trading session of the same day, and during the process of evaluating the market pack, prices increased.
✅ The growth of toluene parallel to the adjacent market
Asian toluene prices rose $10 per metric ton in September, moving in sync with nearby downstream markets, according to Asia Petrochemical Market Analysis. No trades were reported during the market close.
The growth of methanol in line with the increase of the Chinese market
Ethylene glycol and purified terephthalic acid markets in China rose earlier in the week as tight regional ethylene supply from futures swings and lower PTA inventories boosted methanol futures.
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Global prices of propylene:
The comparison of the price of polypropylene raffia, which is produced from the leaves of the raffia palm tree, in the regions of India, China, Pakistan, and the Persian Gulf countries from 2021 until now shows that polypropylene has experienced a sharp price drop and entered the channel from $1,500. It has become 1000 dollars.
Few purchases have been made in the Persian Gulf region during the last two weeks. Feed buyers of propylene units are worried about the price of feed and act very cautiously and hope to know the prices before buying due to price fluctuations. The prices of raffia and injection polypropylene decreased slightly in the week ending September 16, which was due to the decrease in the prices of Saudi Arabia and non-GCC countries, which were between $1,030 and $1,040 based on the CFR delivery term of the Persian Gulf countries. Saudi CFR prices were a little more expensive and around $1,080.
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The comparison of the price of polypropylene raffia, which is produced from the leaves of the raffia palm tree, in the regions of India, China, Pakistan, and the Persian Gulf countries from 2021 until now shows that polypropylene has experienced a sharp price drop and entered the channel from $1,500. It has become 1000 dollars.
Few purchases have been made in the Persian Gulf region during the last two weeks. Feed buyers of propylene units are worried about the price of feed and act very cautiously and hope to know the prices before buying due to price fluctuations. The prices of raffia and injection polypropylene decreased slightly in the week ending September 16, which was due to the decrease in the prices of Saudi Arabia and non-GCC countries, which were between $1,030 and $1,040 based on the CFR delivery term of the Persian Gulf countries. Saudi CFR prices were a little more expensive and around $1,080.
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Global Methanol - Weekly Market Report.pdf
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I.C.I.S Methanol Price.pdf
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Petrochemical Products Weekly Offer.pdf
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Expertaf Group
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UREA Peril, SCO, by Expertaf.pdf
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The Special Offer,
UREA 46% Peril
EXPERTAF Group, in the field of chemical fertilizers;
At this time, we have 46% Urea, (Peril UREA), in Iskenderun, Turkey.
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UREA 46% Peril
EXPERTAF Group, in the field of chemical fertilizers;
At this time, we have 46% Urea, (Peril UREA), in Iskenderun, Turkey.
Please fınd the attached Soft Corporation Offer “SCO” and contact us
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#LNG, UREA
After the repeated rise in the price of LNG in 2021 in China, the price reached from about 10 dollars per one million BTU to about 20 dollars per one million BTU, which means a doubling of the prices. This multifold increase in price shows a huge increase in urea production costs in China.
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After the repeated rise in the price of LNG in 2021 in China, the price reached from about 10 dollars per one million BTU to about 20 dollars per one million BTU, which means a doubling of the prices. This multifold increase in price shows a huge increase in urea production costs in China.
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UREA Peril, SCO, by Expertaf -500 MT.pdf
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The Special Offer,
UREA 46% Peril, by "price" first 500MT
EXPERTAF Group, in the field of chemical fertilizers;
At this time, we have 46% Urea, (Peril UREA), in Iskenderun, Turkey.
Please fınd the attached Soft Corporation Offer “SCO” and contact us
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UREA 46% Peril, by "price" first 500MT
EXPERTAF Group, in the field of chemical fertilizers;
At this time, we have 46% Urea, (Peril UREA), in Iskenderun, Turkey.
Please fınd the attached Soft Corporation Offer “SCO” and contact us
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OfferNo.10, 23-Sep, ABS150.pdf
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""""The Special Offer,"""""
“ABS - 0150”
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“ABS - 0150”
For More Details, Please contact us:
Cel: +90 5352243137
Whatsapp: +905342643137
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#crude oil
Argus' assessment of Brent crude oil price decreased to $95 per barrel for the remaining months of this year. Of course, the crude oil price outlook also gives the possibility of an increase in crude oil prices. The NSD forecast for the years 2023 and 2024, respectively. It will be $96 per barrel and $105 per barrel.
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Argus' assessment of Brent crude oil price decreased to $95 per barrel for the remaining months of this year. Of course, the crude oil price outlook also gives the possibility of an increase in crude oil prices. The NSD forecast for the years 2023 and 2024, respectively. It will be $96 per barrel and $105 per barrel.
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#Analysis of the reaction of the Asian petrochemical products market
Benzene in Asia reached $901 per metric ton fob Korea on September 23 with a drop of $6.33 per day.
The price of Asian toluene remained stable until September 23 despite improved demand and lack of spot supply.
Asian paraxylene pallets reported a $17.67 drop on the day to $1,054.33 a metric ton cfr Taiwan/China on Sept. 23, while crude oil and pure terephthalic acid (PTA) futures on China's Zhangzhou Commodity Exchange (ZCE) They had a downward trend.
The Asian methanol market ended the third week of September with different transactions. China's methanol market sentiments were bullish at the beginning of the week due to concerns about Iran's limited supply of methanol in October and the reduction of methanol stocks in coastal tanks.
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Benzene in Asia reached $901 per metric ton fob Korea on September 23 with a drop of $6.33 per day.
The price of Asian toluene remained stable until September 23 despite improved demand and lack of spot supply.
Asian paraxylene pallets reported a $17.67 drop on the day to $1,054.33 a metric ton cfr Taiwan/China on Sept. 23, while crude oil and pure terephthalic acid (PTA) futures on China's Zhangzhou Commodity Exchange (ZCE) They had a downward trend.
The Asian methanol market ended the third week of September with different transactions. China's methanol market sentiments were bullish at the beginning of the week due to concerns about Iran's limited supply of methanol in October and the reduction of methanol stocks in coastal tanks.
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# UREA
According to published reports, the price offered by buyers for Iran's urea last week is around 570-580 dollars, but the country's exporters were not in a hurry to sell due to previous sales and rejected the offers.
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According to published reports, the price offered by buyers for Iran's urea last week is around 570-580 dollars, but the country's exporters were not in a hurry to sell due to previous sales and rejected the offers.
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P.M.O (petro Market offer)
OfferNo.10, 23-Sep, ABS150.pdf
Contact us for more details