According to the monitoring data of business news agency, the external price of ethylene has risen recently. On June 21, the price was 1023.50 US dollars / ton, and on June 22, the average price of ethylene was 1026.25 US dollars / ton, up 0.27%. The current price has dropped 4.58% month on month, and the current price has increased 43.43% year on year.

In the near future, the overall external ethylene market is on the rise. The price of ethylene in Asia remained stable. As of the 21st, CFR closed at US $857-865 / T in Northeast Asia and US $832-840 / T in Southeast Asia. The price of ethylene market in Europe rose. As of the 21st, FD in northwest Europe closed at US $1271-1282 / T and CIF in northwest Europe closed at US $1127-1136 / T. The price of ethylene in the U.S. remained stable. As of the 21st, the price was $628-639 per ton. The external market of ethylene has declined recently. Generally speaking, the demand of the whole external market of ethylene in the near future is acceptable, the trading atmosphere is relatively active, the transaction situation is good, and the focus of ethylene market has gradually moved up.

International: on June 21, international oil prices rose sharply, and the settlement price of the main contract in the US WTI crude oil futures market was US $73.12/barrel, up US $1.48 or 2.07%. Brent crude oil futures market settlement price of the main contract at 74.90 U.S. dollars / barrel, or 1.39 U.S. dollars or 1.90%. People are full of confidence in the sustained economic recovery and strong demand growth. In addition, Iran’s presidential election is expected to continue to delay the resumption of us Iran nuclear talks.

Recently, crude oil continued to be strong, and the price of pure benzene fell. The maintenance unit of pure benzene has been restarted, and the supply has rebounded, but the low inventory level will continue, and the gap between supply and demand will remain. In the short term, the price of pure benzene and pure benzene is relatively strong. At present, the futures and spot price of styrene has fallen to near the cash flow, and the cost side has become the main support point. On the supply side, the unexpected maintenance of Anhui Jiaxi 350000 T / A, CNOOC shell phase II 700000 T / A and Hebei shengteng 80000 T / a units disturbed the supply side. However, since most of the maintenance units have been restarted and new units have been put into operation, the supply increment is expected to remain unchanged in June. With the increase of domestic trade and imports to East China, the terminal will continue to accumulate storage. Styrene is expected to weaken in the short term. We still need to pay attention to the trend of crude oil and pure benzene, plant dynamics and downstream demand changes.

Ethylene analysts of business society chemical branch think: at present, in terms of crude oil, global demand growth, economic recovery, crude oil market may rise, so data analysts of business society expect that the external price of ethylene will mainly rise next.