March 26th domestic price details

On March 26th, the domestic pricing for various petrochemical products showed mixed trends. Qilu Petrochemical reported that liquid products were quoted at 1,260 yuan per ton, while solid products were offered at 1,350 yuan per ton. The production equipment is operating normally, with daily output of liquid products ranging between 450-480 tons and solid inventory standing at 400-500 tons, indicating some level of stock pressure. Hainan Refining and Chemicals, a subsidiary of Sinopec's refining and marketing division, reduced its prices on the island. The delivered price was set at 1,350 yuan per ton, down by 50 yuan from the previous price of 1,150 yuan per ton. However, downstream buyers are currently hesitant, leading to sluggish shipping activities. Takahashi Petrochemical, another Sinopec affiliate, also cut prices. Solid products are now priced at 1,370 yuan per ton, down 50 yuan, while liquid products remain unchanged at 1,370 yuan per ton. Solid products have a freight charge of 12 yuan, while liquid products are available without loading fees, and production continues at normal levels. Maoming Petrochemical, under Sinopec’s refining and sales division, also announced price reductions. Industrial-grade solid products are quoted at 1,350 yuan per ton, and liquid products at 1,300 yuan per ton. Food-grade products are listed at 1,400 yuan per ton, all down by 50 yuan, with transactions involving discounts. Lanzhou Petrochemical has a daily output of approximately 60-70 tons. The factory price for solid products is 1,200 yuan per ton, but actual transactions are around 50 yuan lower. Due to limited demand from downstream plants, the factory holds a significant inventory, and shipments remain low. Tianjin Petrochemical, part of Sinopec’s petrochemical sales company, kept prices stable. Liquid products are priced at 1,342 yuan per ton, and solid products at 1,410 yuan per ton, including a 10-yuan loading fee. Actual transactions still feature some discounts. Puguang Wanzhou maintained a contract price of 1,300 yuan per ton. The factory currently holds about 20,000 tons in inventory, with railway transportation capacity at 3,000 tons per day. The factory price is 1,300 yuan per ton, while the contract price is 1,270 yuan per ton. Inventory stands at approximately 60,000 tons, and motor shipments have decreased compared to the previous period, leading to an increase in stock levels. Guangzhou Petrochemical reported normal production. Granular products are listed at 1,350 yuan per ton, with a contract household car transport price of 1,300 yuan per ton and an iron transport price of 1,180 yuan per ton—each down by 50 yuan. Currently, plant operations are running smoothly, but downstream factories are not taking much stock, resulting in higher inventory levels. Wuhan Petrochemical reduced the factory price for solid products to 1,330 yuan per ton, down 50 yuan. Daily output is about 100 tons, and procurement in Hunan has slowed, with increased refinery inventory. Anqing Petrochemical, under Sinopec’s refining and marketing division, lowered solid product prices to 1,270 yuan per ton, down 50 yuan. The company maintains a medium-level inventory and regular refinery shipments. Shengli Oilfield Refinery, part of Sinopec’s refining and sales division, implemented a new solid product price of 1,240 yuan per ton, down 50 yuan. Monthly production ranges between 600-700 tons, and current shipments are proceeding as usual. Qingdao Petrochemical also cut prices. The settlement price for liquid products was set at 1,160 yuan per ton, down 150 yuan, including a 10-yuan loading fee. Daily production is currently around 20-30 tons, and the facility is operating normally. The Qingdao refinery also adjusted its pricing, with liquid products at 1,160 yuan per ton, down 150 yuan, and solid products at 1,350 yuan per ton, down 50 yuan. The main unit has returned to normal operation, with daily liquid production reaching 550-600 tons. Dongming Petrochemical maintained stable pricing. Solid products are sold at 1,153 yuan per ton, and liquid products at 1,103 yuan per ton, including a 3-yuan loading fee. Despite the stable pricing, actual shipments continue to involve some concessions.