Issue 35/2015 - Sep Market forecast for some chemicals – medium temperature coal tar

In August, the medium-temperature coal tar market was lowered in a narrow range, water oil and heavy oil fluctuated slightly, downstream demand was sluggish, and low prices did not change the situation
of light transactions.
Crude oil prices fell to $38 / barrel in August, and crude oil recovered slightly at the end of the month; The decline in refined oil products may be reduced after five consecutive declines, but the current sluggish marine fuel market is still sluggish
.
In terms of fire oil, on September 3, the environmental protection policy in North China was tightened, chemical enterprises stopped production and limited production, and the amount of fire oil used was average
.
In terms of hydrogen refueling, Shaanxi Shenmu Tianyuan was overhauled in August, and all 500,000 tons of equipment resumed operation
at the end of the month.
It is understood that heavy oil in Shaanxi region to 1100~1200 yuan / ton, Shandong region at about 1450 yuan / ton, South China at about 1500 yuan / ton, Xinjiang region in 950~1050 yuan / ton, Hebei red oil main receiving price fell to about 1500 yuan / ton, Shaanxi red oil price transaction center to 1250 ~ 1350 yuan / ton, Henan light oil market negotiation center at 1850 ~ 1950 yuan / ton, transit Shandong, Hebei region slipped to 2000 ~ 2100 yuan / / tons, the proportion of Xinjiang is about 1300 yuan / ton of 0.
98~0.
99, and the specific gravity of about 0.
96 is about
1300 yuan / ton.

Aftermarket analysis
At the end of August, the market demand was finally well supported, but affected by the low price in the early stage, the market inventory was generally high, and the large order purchase of hydrogenation has not yet brought obvious stimulation to the overall market, and the favorable support of the medium-temperature oil market in the aftermarket is limited
.
It is expected that the short-term trend of low-level consolidation will
continue.