Recently, the trading atmosphere of viscose staple fiber continues to be weak, and the downward pressure on the price is great. The quotation of mainstream manufacturers has not changed yet. Some manufacturers are bearish on the future market and reduce prices to promote sales. According to the price monitoring of business society, as of November 10, 2021, the domestic ex factory quotation of 1.2D * 38mm viscose staple fiber was 14320 yuan / ton, down 100 yuan / ton from last week.

Upstream staple fiber and pulp Market: the load of viscose staple fiber industry continues to operate at a low level, superimposing factors such as pulp capacity expansion, and some dissolved pulp is in a wait-and-see state. There are few enquiries for domestic dissolved pulp, the trading volume is under pressure, and the price is loose again with the imported pulp. As of November 9, 2021, the market price of coniferous wood pulp is 5100 yuan / ton and that of broad-leaved wood pulp is 4510 yuan / ton.

The trading atmosphere of cotton yarn in the downstream turned weak, the demand in the downstream terminal was weak, and the operating rate of the industry increased rapidly, resulting in a negative decline in prices. As of November 10, 2021, the average ex factory price of human cotton yarn (30s, ring spinning, first-class products) is 19166 yuan / ton, which is about 100 yuan / ton lower than that of last week.

Recently, the operating rate of viscose staple fiber has increased, the supply expectation has increased, the downstream demand is sluggish, the trading atmosphere has weakened, the viscose staple fiber inventory of downstream yarn mills is OK, and the purchase demand for viscose staple fiber is not urgent. Business analysts expect that the downward pressure on the short-term viscose staple fiber market is large, and the price may continue to loosen and decline.

In November, the overall dimethyl ether Market in Henan Province mainly fell, but the rising market was ushered in on the 1st and 8th respectively. At present, although the fluctuation range is small, the market transaction atmosphere is better than that in the early stage. According to the monitoring data of business agency, the average price of dimethyl ether in Henan market was 4595.00 yuan / ton on November 1 and 4442.50 yuan / ton on November 8, with a decline of 3.32% and 6.33% compared with October 1.

As of November 8, the domestic market prices of dimethyl ether in various regions are as follows:

region Specifications date offer

Shandong region Mass fraction of dimethyl ether: ≥ 99.0% November 8th 4790 yuan / ton

Hebei region Mass fraction of dimethyl ether: ≥ 99.0% November 8th 4740 yuan / ton

Henan region Mass fraction of dimethyl ether: ≥ 99.0% November 8th 4450-4470 yuan / ton

At the beginning of November, the dimethyl ether Market as a whole showed an up-down-up trend, but the overall fluctuation range of the market was limited and the price change was not obvious. Recently, the overall transaction atmosphere of the market has improved compared with the previous period, and the price has returned to the upward trend. Henan’s main production areas began to raise the factory quotation slightly at the weekend, and continued the small rise route on Monday. Some manufacturers in the main production areas of Henan stopped for maintenance, and the reduced supply has brought some support to the market. In terms of demand, the temperature continues to decline, and the demand is expected to be better. In addition, with the sharp reduction of dimethyl ether price, the downstream mentality is improved, and more restocking is given priority to. The overall transaction atmosphere in the market is mild, and the manufacturers slightly increase the ex factory price.

Recently, the methanol market continues to decline, mainly due to the low price of raw coal affected by policies. Although the coal price has stopped falling, the policy pricing is still, and the coal price is low. The news that some MTO devices are planned to restart this week has not been fulfilled, the positive expectations have been dashed, and the mentality of some operators is lack of support, while the traditional downstream demand enterprises are just focusing on demand, and there is no obvious large-scale situation. Methanol market fell significantly. The falling cost has brought some bad news to the dimethyl ether Market.

At present, the raw material methanol market continues to weaken and the cost support is insufficient. However, driven by the rise of international crude oil, the civil liquefied gas market stops falling and goes up, which brings a certain boost to the dimethyl ether Market. Some manufacturers in Henan market stop for maintenance and reduce the market supply. The downstream mentality has improved, mainly replenishment into the market. The manufacturer’s mentality is strong, and the ex factory quotation has been slightly increased. It is expected that the dimethyl ether market may fluctuate upward in the short term.

1、 Price summary of mixed xylene on November 5:

Qingdao refinery offers 5900 yuan / ton, and Shijiazhuang Refinery offers 6400 yuan / ton,

Jiujiang Petrochemical offers 6400 yuan / ton, and Yangba offers 6250 yuan / ton,

Guangzhou Petrochemical offers 6500 yuan / ton, Maoming Petrochemical offers 6450 yuan / ton,

Changling refinery offers 6500 yuan / ton,

Shandong Jingbo Petrochemical offers 6251 yuan / ton, Xinhai Petrochemical offers 6250 yuan / ton, and Hongrun Petrochemical offers 6200 yuan / ton.

2、 Fluctuation trend:

3、 Analysis and comments:

In terms of crude oil, OPEC + has no plan to increase production. Saudi Arabia raised the official price of crude oil, and the international oil price rebounded significantly on Friday. Data released by Baker Hughes on the 5th showed that the number of active oil rigs in the United States increased by 6 month on month and 224 year-on-year this week. The increase of US crude oil production and the late resumption of Iran nuclear negotiations may be bad for oil prices.

Today, Jingbo Petrochemical xylene increased by 55 yuan / ton.

Crude oil prices rebounded last Friday, boosting related bulk commodities. Coupled with the rebound in gasoline prices, mixed xylene is operating at a high price today, and the operators are cautious.

DBP prices fluctuated and fell this week

According to the data monitoring of the business community, DBP prices rose first and then fell this week, and the overall DBP market was weak and fell. As of November 4, the price of DBP was 11766.67 yuan / ton, down 1.12% from 11900 yuan / ton last weekend (October 29); Overall, the price of DBP fluctuated and fell this week, and the DBP market fell.

Butanol fell sharply this week

According to the price monitoring of the business club, the ex factory price of n-butanol in Shandong fell slightly this week. As of November 4, the average ex factory price of n-butanol was 10133.33 yuan / ton, down 1.94% from 10333.33 yuan / ton last weekend (October 29). The market price of n-butanol has dropped to a low level. Downstream users mainly replenish small and medium-sized orders, the market demand is still weak, and the price of n-butanol fluctuated slightly. N-butanol market weak adjustment.

The price of phthalic anhydride fell slightly this week

According to the price monitoring of the business community, the price of phthalic anhydride fell this week. Affected by the rise of the price of phthalic anhydride, the cost of phthalic anhydride rose, the cost support of phthalic anhydride still existed, the start-up of plasticizer manufacturers rebounded slightly, the demand for phthalic anhydride increased, the strong support of phthalic anhydride market remained, the price of plasticizer fell, and the downward pressure of phthalic anhydride increased.

PVC fell sharply this week

According to the price monitoring of the business community, the PVC price fell sharply this week. As of November 4, the average price of PVC was 9470 yuan / ton, down 8.06% from 10300 yuan / ton last weekend; PVC prices fell sharply this week, plasticizer demand remained weak, downstream customers of plasticizer had poor purchasing enthusiasm, and DBP prices fell under great pressure.

Future expectations

Bai Jiaxin, a DBP data analyst at business agency, believes that DBP prices fell slightly this week, and DBP prices fell. In terms of raw materials, the prices of n-butanol and phthalic anhydride fell slightly, the cost of DBP decreased, and the downward pressure on DBP increased; In terms of demand, PVC is still weak, and the demand for plasticizer is declining. Generally speaking, DBP cost support is absent and demand is declining. It is expected that DBP price will fluctuate slightly in the future.

Trade name: sulfuric acid

Latest price (November 3): 838.33 yuan / ton

On November 3, the market price of domestic sulfuric acid decreased slightly, which was 5 yuan / ton lower than the quotation on November 1, a decrease of 0.59%, and a year-on-year increase of 110.90%. From the perspective of upstream and downstream industrial chains, the upstream sulfur market has increased slightly recently, and the cost support is good. The market of bromine and formic acid in the downstream has been consolidated at a high level, the downstream demand is general, and the rising power of sulfuric acid is insufficient.

Recently, the market price of sulfuric acid in China may fluctuate slightly, and the average quotation price is about 820 yuan / ton.

According to the monitoring data of business agency, the market situation of ammonium chloride rose in October. The price at the beginning of the month was around 1135 yuan / ton, and the price at the end of the month was around 1205 yuan / ton, up 6.17%.

In October, the prices of urea and raw liquid ammonia continued to rise, giving strong support to ammonium chloride. According to the monitoring of business agency, as of October 31, the price of domestic liquid ammonia was 5183 yuan / ton, an increase of 6.87% over the price of 4850 yuan / ton at the beginning of the month, and the highest increase in the month was 9.28%; As of October 31, the domestic urea price was 3080 yuan / ton, an increase of 9.35% over the price of 2816 yuan / ton at the beginning of the month, with the highest increase of 10.35% in the month.

In October, the downstream demand for ammonium chloride was still weak, the construction of compound fertilizer industry was still around 30%, the winter storage market in Northeast China started slowly, and the overall purchasing atmosphere of the market was weak. However, the start-up of the joint alkali enterprise is around 60%, the enterprise inventory is low, and the supply is supported by ammonium chloride.

Future forecast: ammonium chloride analysts of business society believe that at present, the price of ammonium chloride is high supported by supply and cost. In the medium and long term, if the operation of Lianhe alkali is increased or the price of raw materials falls, the price of ammonium chloride will fall. The price of ammonium chloride rose tentatively.

Recent price trend of potassium chloride

As can be seen from the above figure, the ex factory price of domestic potassium chloride decreased this month, and the quotation decreased from 3270 yuan / ton at the beginning of the month to 2890.00 yuan / ton at the end of the month, a decrease of 11.62%. Compared with the same period last year, it increased by 48.21%. On October 31, the commodity index of potassium chloride was 91.75, the same as yesterday, down 11.62% from the highest point of 103.81 in the cycle (2021-10-12), and up 57.51% from the lowest point of 58.25 on August 6, 2020. (Note: the period refers to the period from March 1, 2012 to now).

In terms of domestic potassium: the largest producer of potassium chloride and leading enterprise of potassium fertilizer in China, Salt Lake Co., Ltd. is fully open, and the price of potassium chloride has decreased from 3270 yuan / ton at the beginning of the month to 2890 yuan / ton at the end of the month. After the competent authorities interviewed the chemical fertilizer enterprises, the price of domestic potassium chloride gradually fell due to the influence of the policy of ensuring the supply and price of chemical fertilizer. The price of Zangger holdings is relatively consistent with that of salt lake group. Market news says that the new price may also maintain stability next month; The factory quotation of 57% powder of Qinghai small factory is about 2700 yuan / ton, and the supply of goods is tight.

Port potassium: at the end of the month, the price of port potassium gradually increased. The high-end price of 62% white potassium at the port has been about 4000 yuan / ton. Although the market transaction is limited, it is related to the lack of supply itself, which is about 200 yuan / ton higher than that at the beginning of the month.

In terms of border trade potassium: at the end of the month, the price of 62% white potassium has mostly reached 3600-3650 yuan / ton, an increase of about 200 yuan / ton compared with the beginning of the month.

Guarantee supply and stable price of domestic potash fertilizer, mainly temporarily stable in the future

The salt lake and zangge are under normal operation and the unit is in good operation, but the downstream demand is good and the supply of goods is relatively tight. From the perspective of agricultural demand, the autumn fertilizer market is ending with slight procurement, while the winter storage market has not been started yet, and traders are not active in taking goods. From the perspective of industrial demand, the overall operating rate of the downstream market of potassium chloride is not high, and it is mainly just needed to purchase. While the international potash fertilizer has risen sharply, the domestic potash fertilizer may still rise. Potassium chloride analysts of business society believe that the domestic potassium chloride price may fluctuate slightly in the short term, focusing on the news related to large contracts.

According to the bulk data monitoring of business society, the average price of acetic acid was 6760 yuan / ton on October 29. Compared with the price of 7240 yuan / ton on October 23, it was reduced by 480 yuan / ton during the week, a decrease of 6.63% and 24.30% month on month. As of October 29, the market price of acetic acid in various regions in China rose and fell as follows:

region October 22nd October 29th Price rise and fall

South China 7300-7400 yuan / ton 7000-7100 yuan / ton – 300/-300

North China 7100-7350 yuan / ton 6700-6900 yuan / ton – 400/-450

Shandong region 7100-7300 yuan / ton 6650-6750 yuan / ton – 450/-550

Jiangsu region 7000-7100 yuan / ton 6700-6900 yuan / ton – 300/-200

Zhejiang region 7100-7200 yuan / ton 6800-7000 yuan / ton – 300/-200

The domestic acetic acid market is weak and downward, the on-site acetic acid enterprises have many devices, stable operation and increased inventory, while the downstream is affected by limited power production, the downstream start-up is low, there is no significant increase in market demand, the market purchase is still rational, and the on-site trading is light, resulting in the continuous increase of acetic acid inventory, coupled with the slow consumption of market supply, the domestic acetic acid enterprises in order to maintain shipment, The quotation keeps falling.

In the downstream, the market of ethyl acetate continued to decline this week. As of October 29, the price of ethyl acetate in East China was 9675.00 yuan / ton, with a decrease of 3.85% during the week. Most of the manufacturers’ devices operated normally, the enterprise inventory increased, and the market supply was sufficient. However, the downstream industry was affected by power restriction, the demand was general, the transaction volume was insufficient, and the delivery speed of ethyl acetate manufacturers decreased, The market is weak and down.

According to the acetic acid analysts of business society, in terms of supply in the domestic market, many manufacturers’ devices operate stably, the supply of goods in the acetic acid market is sufficient, the purchase in the downstream is still rational, and the contradiction between supply and demand will not be significantly improved in a short time. It is expected that the future market will be stable for the time being, and pay attention to the market transaction.

According to the price monitoring of the business agency, the current price of PTA continued to fall today (October 28). The average price in the domestic market was 5150 yuan / ton, down 3.01% from the previous day, up 52.52% year-on-year. The main futures 2201 closed at 5204, down 168, down 3.13%.

In terms of supply, the PTA plant with an annual output of 1 million tons of chuanneng chemical stopped in the evening of October 26, the restart time is to be determined, and the industrial start-up load is reduced to near 82%. However, the sufficient market supply has tired the warehouse. The delivery of polyester plants in the downstream is mostly hard demand, and the overall trading atmosphere is light.

The high crude oil price fell back, which lacked support for PTA market. As of October 27, the settlement price of the main contract of WTI crude oil futures in the United States was US $82.66/barrel, and the settlement price of the main contract of Brent crude oil futures was US $83.87/barrel. A report released by the US Energy Information Administration (EIA) on Wednesday showed that US crude oil inventories increased more than expected last week. In addition, there are rumors that Iran’s nuclear negotiations may be restarted, which is bad for the oil market.

In terms of downstream demand, the impact of power rationing still exists in the near future, and the polyester operation has not been significantly improved and maintained below 80%. The start-up of terminal textile enterprises remained low, the raw material inventory was sufficient, the consumption was relatively slow, the mood for raw material procurement was poor, the overall mentality was cautious, and the prices of mainstream polyester factories in Jiangsu and Zhejiang fell steadily.

Business analysts believe that the current downstream demand is still weak, and the PTA market is weakening due to the pressure of accumulation pattern. At the same time, the adjustment of high crude oil shock has limited support for the PTA market cost, and the market sentiment is pessimistic. It is expected that the PTA price will operate in a narrow range and weak in a short time. In the future, we still need to pay attention to the trend of international oil prices, maintenance of our own devices and improvement of demand.

According to the data monitored by the business agency, the average ex factory tax price of Shanxi light potassium carbonate was 7975.00 yuan / ton at the beginning of the month, the average ex factory tax price of Shanxi light potassium carbonate was 7975.00 yuan / ton at the end of the month, and the lowest price in the month was 7925.00 yuan / ton. The current price was flat month on month, and the current price increased by 29.67% year-on-year.

Potassium carbonate

In October, the market of potassium carbonate fell first and then rose. As can be seen from the above figure, after the potassium carbonate market fell and rose in October, it returned to the original point, and the price was the same as that at the beginning of the month. The market of potassium carbonate is mainly affected by the relationship between supply and demand. Compared with the former, the supply of goods is relatively sufficient, and the market falls. In the later stage, the supply of goods in the market is tight, and traders cherish after-sales, so the market rises. According to the statistics of business agency, the mainstream ex factory quotation range of Shanxi industrial potassium carbonate in October was about 7700-8400 yuan / ton (the quotation is for reference only). The quotation is different according to different procurement conditions.

Recently, the quotation of mainstream potassium chloride manufacturers has been temporarily stable: there is a tight supply of domestic potash fertilizer. Although the production enterprises are fully engaged in production, the operating rate is slightly low, the self-sufficiency rate is insufficient, and the international demand for potash fertilizer is strong, but there is a tight supply of domestic potash fertilizer. Under the influence of supply and demand and raw materials in the short-term potassium chloride market, the potassium chloride market is dominated by high-level consolidation

In the near future, the supply of potash fertilizer market is relatively short, and the procurement of downstream factories maintains rigid demand. It is expected that the price of potassium carbonate will mainly rise in the short term, and the long-term market still needs to wait and see. (the above prices are provided by major potassium nitrate manufacturers all over the country and sorted and analyzed by potassium carbonate analysts of business society. They are for reference only. Please contact relevant manufacturers for more price details).

Spot aluminum prices continued to fall on the 26th

According to the data of business agency, the average market price of domestic aluminum ingots in East China on October 26 was 20866.67 yuan / ton, down 3.69% from the average market price of 21666.67 yuan / ton on October 25.

At present, the aluminum price has fallen below the high and volatile operation range in the early stage. Taking the average market price of aluminum ingots at the beginning of the year (January 1, 2021) of 15726.67 yuan / ton as the benchmark price, it has increased by 32.68%.

Social inventories have risen

As of October 21, the total domestic social inventory was 954400 tons, an increase of 70400 tons on a weekly basis. Among them, the social inventory of aluminum ingots in Guangdong was 277400 tons, an increase of 12400 tons on a weekly basis; The social inventory of aluminum ingots in East China was 505000 tons, with a weekly increase of 46000 tons (including 96000 tons in Shanghai, 319300 tons in Wuxi, 4700 tons in Changzhou and 85000 tons in Hangzhou); Gongyi’s inventory was 84000 tons, an increase of 12000 tons on a weekly basis; Tianjin’s inventory was 70000 tons, unchanged on a weekly basis; Chongqing’s inventory was 3000 tons, unchanged on a weekly basis; Linyi’s inventory was 15000 tons, unchanged on a weekly basis.

High energy power consumption and aluminum production still need to be paid attention to

According to the data of China Southern Power Grid, the economy of the five southern provinces (Guangdong, Guangxi, Yunnan, Guizhou and Hainan) continued to recover from January to September. Superimposed on the low base effect and the impact of high temperature weather in the same period last year, the power consumption of the whole society in the five southern provinces reached 1100.4 billion kwh, a year-on-year increase of 14.9% and an average increase of 9.2% in two years.

In the third quarter, the power consumption of high energy consumption capacity was continuously reduced. Although the coal was regulated by the policy, the current coal supply situation was still severe. In addition, the upcoming dry season also increased uncertainty for the later hydropower guarantee. In addition to Guizhou, the power supply of aluminum producing provinces Yunnan and Guangxi still needs to be paid special attention

Future forecast

The recent sharp decline in coal prices has brought a strong impact on the metal aluminum market in the power major industry. The speculative positions in the futures market have been settled, driving the linkage of spot prices. On the whole, the spot fundamentals have not changed much, but the aluminum price is indeed high, the downstream undertaking is weak, the fear of heights is strong, and the aluminum price has a certain downward momentum. The price of raw alumina is high, the cost of electricity is pushed up, the cost side is rising, and the expectation of capacity ceiling and production and power restriction is still in progress. It is expected that the space for reduction will narrow in the near future.

This week (October 18-22), the domestic liquid ammonia Market stagnated, and the price fell slightly near the weekend. According to the monitoring of business society, the weekly decline in Shandong was 0.47%, and the price fell below 5000 yuan / ton. At present, the price of liquid ammonia is still at a relatively high level in history. The main reason is that the upstream coal is suppressed by regulation, the price is down, and the cost advantage is weakened. With the increase of shipments of ammonia enterprises, the supply surge led to the rise of inventory, the inventory of ammonia enterprises was discharged, and the price began to loosen.

In terms of cost, at the beginning of the week, there was bad news in the market, the state issued policies to intervene in the coal market, and the futures of power coal and coking coal fell by the limit for several days. Although the spot market is strong, the price is also loose. The policy requires the release of some coal production capacity, and the supply pressure is expected to be relieved. According to the monitoring of business society, the weekly decline of thermal coal was 0.42%.

On the supply side, this week, the market supply gradually increased and the enterprise shipment increased. Taking a large factory in Shandong as an example, the daily shipment was only 600 tons last week and gradually rose to 900 tons this week. At present, there are few maintenance enterprises, among which the operating rate of devices in Shandong, Hebei, Lianghu and other regions is high. Previously, many devices were facing resumption of work and production. The increase of market supply is the fundamental reason for the decline of prices.

On the demand side, by late October, the downstream demand increment gradually slowed down. Previously, the downstream enterprises had strong stock preparation strength and sustained high support prices. At present, the downstream procurement slowed down and the price of liquid ammonia also loosened. In terms of urea, the price is still very strong, and it is still rising this week, with an increase of 1.30%. However, it is also obvious that the rise is very weak, and it is less likely that the future market will continue to rise.

Future forecast: in the short term, the upstream coal price will still be suppressed, and the cost of liquid ammonia will still face bad. In addition, the pressure on the supply side is difficult to ease in the short term. It is expected that there is still room for correction in the liquid ammonia Market in the near future.

1、 Price trend

According to the bulk list data of business society, the price of aniline stabilized after a wide rise this week. On October 15, the price of aniline in Shandong was 13200-13560 yuan / ton and that in Nanjing was 13500-13600 yuan / ton; On October 22, the price in Shandong was 14000-14260 yuan / ton; The price of aniline in Nanjing is 14000-14500 yuan / ton, an increase of 4.74% over last week, 77.22% over the beginning of the year and 108.96% over the same period last year.

2、 Analysis and review

In terms of cost, the rise of crude oil slowed down, the atmosphere of bulk commodity market weakened during the week, and the price of styrene fell, and the negotiation of pure benzene Market weakened. Demand in Shandong weakened and prices fluctuated narrowly after falling during the week. The impact of low price of hydrogenated benzene in the north, and the mentality of pure benzene market is empty.

The price of nitric acid rebounded this week. On Friday (October 22), the production price of nitric acid in East China was 3430 yuan / ton, an increase of 2.18% over last week and 116.63% over the same period last year.

Due to an accident, Jiangsu Fuqiang delayed the restart of aniline plant, the overall operating rate of aniline in the field was low, the spot supply was tight, the market hyped that the supply was reduced, and the price continued to rise. During the week, the price of pure benzene fell, but it was still high, the price of nitric acid rebounded, and the raw material side supported aniline well. The downstream demand is good, and the follow-up of p-aniline is stable. Aniline stabilized after rising during the week.

3、 Future expectations

In terms of cost, crude oil will still maintain a strong trend in the short term, with good cost support. However, the downstream operating rate decreased and the demand for pure benzene was limited; Coupled with the impact of low price of hydrogenated benzene in the north, it is expected that pure benzene will hardly recover in the short term. Overall, it is expected that pure benzene will fluctuate weakly next week.

It is reported that Huatai and Jinmao have maintenance plans, and the supply of aniline may continue to decrease in the future. The tight supply pattern is difficult to change in the short term, and aniline is expected to maintain a strong trend next week. Continue to pay attention to the trend of raw material, downstream demand and the dynamics of aniline plant.

In mid October, the domestic liquefied gas market continued to rise, and the price rose, repeatedly hitting the highest point in the year. At present, the ex factory quotation of civil gas in Shandong mostly rose to 6500 yuan / ton. According to the data monitoring of business agency, the average price of liquefied gas in Shandong civil market was 6026.67 yuan / ton on October 17 and 6416.67 yuan / ton on October 20, with an increase of 6.47% during the week, an increase of 21.68% compared with October 1.

As of October 20, the mainstream prices of liquefied gas in various regions in China are as follows:

Specifications type of shipping region Mainstream quotation

Civil gas Automobile transportation North China 5950-6700 yuan / ton

Civil gas Automobile transportation East China 6150-6400 yuan / ton

Civil gas Automobile transportation South China 6260-6350 yuan / ton

Civil gas Automobile transportation Shandong region 6300-6500 yuan / ton

In the middle of October, the price of domestic liquefied gas continued to rise. Shandong’s civil gas market price is strong, and the rise rate has increased this week. At present, there are many favorable factors in the market, supporting the continuous increase of liquefied gas price. The strong international crude oil price and high import price have brought some positive support to the market. In terms of supply, the supply in Shandong market has not changed much recently. In terms of demand, the weather temperature has been declining, especially in the northern market, the cooling is obvious, and the terminal demand has increased. The downstream buyer’s mentality is relatively positive, the manufacturer’s shipment is smooth, there is no obvious pressure on the inventory, the mentality is relatively strong, and the price is reported high one after another. At present, the price of liquefied gas has risen to a high level in recent seven years.

Recently, the LPG futures market fluctuated downward, bringing Limited benefits to the spot market. On October 20, the opening price of LPG futures contract 2112 was 6462, the highest price was 6508, the lowest price was 5974, the closing price was 6215, the former settlement price was 6486, the settlement price was 6244, down 271, down 4.18%, the trading volume was 257255, the position was 71224, and the daily position was increased by – 4811. (quotation unit: yuan / ton)

At present, the overall transaction atmosphere in the domestic liquefied gas market is mild, and the South and North markets are mainly adjusted upward. At present, the manufacturers in Shandong market have smooth shipments, most of their inventories are at a controllable level, and their mentality is relatively strong. In the later stage, with the weather continuing to cool down, the terminal demand still increases. In addition, the high international crude oil price also brings obvious benefits to the market, It is expected that the LPG market will continue to rise in the later stage.

Trade name: epichlorohydrin

Latest price (October 20): 20666.67 yuan / ton

On October 20, the market price of epichlorohydrin was temporarily stable, flat compared with the previous trading day, increased by 1.64% compared with the price on September 20, and increased by 34.20% year-on-year in a three-month cycle. At present, the price of raw materials is running at a high level, the cost support is strong, and the supply is expected to reduce the impact of the news. There is a strong atmosphere of pushing up on the floor. The downstream just needs to follow up, and the market transaction atmosphere is OK.

It is expected that in the short term, the epichlorohydrin market may be dominated by strong operation.

Zinc price fell on October 19

According to the data monitoring of business society, the zinc commodity index was 158.78 on October 18, up 12.08 points from yesterday, hitting a record high in the cycle, up 119.67% from the lowest point of 72.28 on November 22, 2015. (Note: the period refers to the period from September 1, 2011 to now). On the 18th, the zinc price hit a record high in the cycle. On the 19th, the zinc price fell. The zinc futures market fell after the zinc price limit rose for three consecutive trading days, and the zinc market fell. As of October 19, the price of zinc was 27216.00 yuan / ton, down 2.09% from 27796 yuan / ton on October 18 of the previous trading day; Compared with the zinc price of 23835.00 yuan / ton on October 13 at the beginning of the month, an increase of 14.19%. Zinc prices finally fell after continuous trading.

Glencore European zinc plant joined the ranks of production reduction

On October 16, Glencore announced that it would reduce the output of its three zinc smelters in Europe, mainly including staggered peak production of zinc smelters in Germany, Spain and Italy, and said that this was mainly affected by the soaring energy costs. Glencore is one of the world’s mining giants. Last year, the company produced 1170400 tons of zinc, accounting for about 9.67% of the world. After Trafigura group reduced its production by 50%, Glencore joined the ranks of production reduction, the supply of zinc market decreased, and the rising power of zinc market was full.

Zinc prices fell after rising continuously in the current table

According to the monitoring data of business agency, the futures zinc market hit the daily limit for three consecutive trading days after October 13. On October 18, the closing price of zinc ingot in London market was USD 3686 / T, with the price falling by USD 134 / T, or 3.51%. On October 18, the closing price of zinc ingot at night in Shanghai futures market was 26935 yuan / ton, with the price falling by 620 yuan / ton, or 2.25%. On October 18, the night zinc price in the futures market fell, and the spot zinc price fell on October 19. Zinc prices fell slightly after setting a historical record, and the momentum for the future rise of zinc market still exists.

Market Overview

Analysts of the business community believe that with the European Glencore zinc smelter joining the ranks of production reduction, the supply of zinc market is expected to fall again, and the zinc market is full of upward momentum. The futures zinc price has hit the daily limit for three consecutive trading days, and the spot zinc price has reached a record high. After reaching a record high, the upward momentum of zinc market has slowed down, the night price of zinc market has fallen, and the spot zinc price has followed suit. In the future, The demand of zinc market has not changed significantly, the supply expectation of zinc market has fallen sharply, the overall zinc market has full upward momentum, and the zinc price is expected to rise in the future.

From October 8 to October 15, 2021, the bidding price of crude benzene was the main player, which was 6236 yuan / ton last weekend and 6551 yuan / ton this weekend, with a weekly increase of 5.05%.

On October 11, 2021, the listing price of Sinopec pure benzene was increased by 400 yuan / ton, 8400 yuan / ton, of which Qilu Petrochemical implemented 8350 yuan / ton.

This week, pure benzene fell after a broad rise, crude oil rose broadly, the bulk commodity market rose generally, the pure benzene market rose positively, and the price rose broadly. As styrene stopped rising and turned down, and bulk commodities generally fell, the pure benzene market took profits and the price followed the downward trend. The downstream support is strong. The bidding price of crude benzene was raised this week, and 6550 yuan / ton was implemented in Shandong. In terms of supply, affected by the action plan of Shandong Province to deeply fight the blue sky Defense War (2021-2025), Shandong has accelerated the elimination of backward production capacity. The overall operating rate in Shandong is 30-40%, the output is low, the overall inventory in the plant has decreased, there is no goods in some areas, and the sales are good. The heating season is coming. According to the usual practice in previous years, the production restriction orders of coking enterprises in northern areas (especially Hebei, Shanxi, Shandong and other areas) will tend to be strict in the heating season, and the output of both coke and by-products will be reduced to a certain extent. The future supply of crude benzene is expected to be tight.

In the future, the fundamentals are good, pure benzene and hydrogenated benzene are stronger, the supply of crude benzene is tight, and the downstream demand is improved. It is expected that the price of crude benzene will be stable, medium and strong in the short term.

According to the monitoring of business agency, the price of domestic sodium pyrosulfite continued to rise this week. The average price of industrial sodium pyrosulfite was 3466.67 yuan / ton at the beginning of the week and 3700.00 yuan / ton at the end of the week, an increase of 6.73% during the week.

Affected by the rising price of upstream soda ash and supported by the rising cost, some manufacturers raised the ex factory price of sodium pyrosulfite again this week. The market price range of domestic industrial sodium pyrosulfite is 3700-4100 yuan / ton, and most prices are concentrated near 3800 yuan / ton. The inventory of the enterprise continues to be low, the overall supply of sodium pyrosulfite market continues to be tight, and the enterprise mainly completes the orders of old customers. (the above prices refer to the external quotations of domestic mainstream enterprises, and some unreported enterprises are not within their scope temporarily. The prices are for reference only and have nothing to do with the final pricing of the manufacturer. Please contact each manufacturer for details).

From the beginning of October to the 15th, the domestic soda ash price continued to rise at a high level by 12.9%, the sulfur price increased by 3.38%, and the upstream raw material cost continued to rise, which will continue to boost the domestic sodium pyrosulfite market price.

Future forecast

Business analysts believe that the price of upstream raw materials continues to rise. Under the support of cost, the domestic market price of sodium pyrosulfite will continue to be strong in the short term.

Zinc prices soared on October 14

According to the data monitoring of business agency, the zinc price soared on October 14. On October 14, the zinc price was 25086.00 yuan / ton, up 5.25% from 23835 yuan / ton on the previous trading day; Compared with the zinc price of 22686 yuan / ton on October 1 at the beginning of the month, an increase of 10.58%. Zinc prices soared to the highest price in 17 years.

Reduction of zinc production by 50% in three European smelters

According to foreign news on October 13, nyrstar said that with the significant increase in power costs and carbon emission related costs, it is no longer economically feasible to operate the plant at full capacity. It will cut zinc production at its three European smelters by 50% from Wednesday to cope with soaring electricity costs. Nyrstar belongs to Trafigura group and is one of the largest zinc metal producers in the world. It is understood that the total output of its three smelters is 700000 tons, accounting for more than 5% of the world. A 50% reduction in production is equivalent to affecting the global zinc production by 2.5%. The news of sharply reducing the output of zinc smelters was too stimulating, and the supply expectation of zinc market fell sharply, stimulating the sharp rise of zinc price.

Market Overview

Business analysts believe that under the background of intensified power rationing and upgrading, the output of zinc smelters is limited and the supply of zinc market is tight. This time, the output of European smelters is reduced by 50%, which has exacerbated the supply shortage of zinc market and stimulated the sharp rise of zinc price. In the future, it is difficult to reduce the power cost in the short term, the commencement of zinc smelters is not optimistic, the supply of zinc is expected to be in short supply, and the zinc market is expected to rise in the long term.

Domestic price trend:

As can be seen from the p-xylene trend chart, the market price of p-xylene rose in the first half of October. As of the 13th, the domestic ex factory price of p-xylene was 7300 yuan / ton, an increase of 2.82% over the price of 7100 yuan / ton at the beginning of the week and a year-on-year increase of 64.04%.

Recently, the domestic p-xylene supply is normal, the domestic PX operating rate is more than 60%, the 600000 ton unit of Sinochem Hongrun Petrochemical operates stably, the unit of Yangzi Petrochemical operates stably, the unit of Pengzhou Petrochemical operates stably, the PX unit of Yangzi Petrochemical operates normally, the unit of Jinling Petrochemical operates stably, the unit of Qingdao Lidong operates at full load, and the unit of Qilu Petrochemical operates stably, About 50% of Urumqi petrochemical units have been started, and the domestic p-xylene supply is general, but some overseas units are still under maintenance. Due to the general downstream demand, the domestic p-xylene price trend rises. The closing price of international crude oil remained high, and the PX external price rose sharply. As of the 12th, the closing prices were US $923-925 / T FOB Korea and US $941-943 / T CFR China. Recently, the operating rate of PX units in Asia has not changed much. On the whole, the operating rate of p-xylene units in Asia is more than 60%, the supply of PX goods in Asia is general, and the PX external closing price has risen sharply, The price trend of domestic p-xylene market rose.

In the first half of October, the trend of crude oil price rose sharply. WTI crude oil futures in the United States rose, and the settlement price of main contracts was reported as US $80.64/barrel, and the settlement price of Brent crude oil futures was reported as US $83.42/barrel. After the oil price rose, it stabilized, and the market fell into differences temporarily. Affected by the global economic recovery and supply shortage, the oil price is still easy to rise but difficult to fall. Since October, the rise of crude oil price is good for the price of domestic petrochemical products, and the price trend of p-xylene is rising.

Since October, the price trend of downstream PTA market has risen. As of October 13, the average price of PTA market was 5400-5500 yuan / ton. The rise in international crude oil prices has strengthened the support for PTA costs. Recently, some PTA units were overhauled, of which the 1.5 million ton unit of Jiaxing Petrochemical stopped on October 9; Yisheng Dalian 6 million ton plant was shut down for 4-5 days on October 8; Hengli Dalian 2.5 million ton unit was overhauled for two weeks on October 8, the industrial commencement dropped to near 60%, and there was output compression at the supply end. Next, restart and overhaul coexisted, and the discharge of 650000 ton PTA unit of Yangzi Petrochemical was restarted on October 11; Two sets of yishanhua with a total of 6 million tons are planned to restart on October 12; Chuanneng chemical is expected to produce 1 million tons of high-quality products on October 13. As of October 12, the operating rate of domestic PTA industry is around 63%, which is expected to decline in the later stage. Therefore, the cumulative inventory rate of PTA is suspended. Affected by the dual control of energy consumption in Jiangsu and Zhejiang, the operating load of polyester weaving in the downstream further fell to less than 80%, the supply of goods was tight, mainly consumption inventory, and the prices of staple fiber, filament and other products rose sharply. However, under the condition of increasing supply and decreasing demand, the driving force of PTA continued to rise was insufficient, and the price trend of p-xylene market rose.

Chen Ling, PX analyst of business society, believes that the current short-term crude oil price trend is OK, but the downstream PTA and textile market continue to rise, and the polyester market remains high. It is expected that the market price of p-xylene may stabilize temporarily in the later stage.

According to the monitoring of business agency, the price trend of domestic anhydrous hydrofluoric acid continued to rise in early October. As of December 12, the market price of hydrofluoric acid was 11860 yuan / ton, up 6.18% from 11170 yuan / ton at the beginning of the month and 41.02% year-on-year.

The price trend of domestic hydrofluoric acid rose in the first ten days. Up to now, the mainstream price negotiated by various regions of domestic hydrofluoric acid has risen to 11200-11700 yuan / ton. The quotation of some manufacturers is higher than the market price, and the actual transaction price on the floor has increased. The price of domestic hydrofluoric acid is still rising. Recently, the domestic spot supply of hydrofluoric acid is normal, and the price trend on the floor has risen.

The domestic spot supply of hydrofluoric acid is normal, some hydrofluoric acid units in the site operate stably, and the price trend of upstream raw materials of hydrofluoric acid is rising. So far, the mainstream of hydrofluoric acid negotiation in the south is 11000-11500 yuan / ton, and the price of hydrofluoric acid in the northern market is 11200-11700 yuan / ton. Recently, the domestic market price of hydrofluoric acid has continued to rise. The manufacturer reported that the delivery situation has improved recently, and the hydrofluoric acid market has risen.

The market price of hydrofluoric acid raw material fluorite rose. As of December 12, the price of domestic fluorite was 2700 yuan / ton, with a rise of 1.25% in the first ten days. Recently, the domestic spot supply of fluorite is normal, and the operation of domestic fluorite units is relatively normal. However, recently, the environmental protection supervision is strict, and the installation and parking in some areas are affected. Generally speaking, there is little change in the supply in the yard, Domestic fluorite prices rose slightly this week. Up to now, the mainstream of domestic fluorite negotiation is 2600-2700 yuan / ton. The high price of fluorite in the venue is the cost support of hydrofluoric acid market, and the domestic hydrofluoric acid market price is affected.

The price trend of downstream refrigerant products has maintained rising, the operating rate of the refrigerant industry in the field has maintained, the recent sales of the automobile industry is OK, the refrigerant market trend has increased, and the demand is mainly based on demand procurement. The rise of the refrigerant market has brought certain benefits to the upstream raw materials. On the whole, the refrigerant market is dominated by positive factors, and the price trend of hydrofluoric acid and chloroform is rising, which increases the cost of the refrigerant industry. At present, the load of refrigerant R22 manufacturers is not high, the inventory is in a reasonable range, coupled with quota factors, the production cost pressure of refrigerant enterprises increases, enterprises sell in limited quantities, the shortage of goods in the field continues, boosting R22 prices, and the mainstream of on-site negotiation is 26000-27000 yuan / ton. The price of R134a in China has risen sharply. Meanwhile, mainstream enterprises such as Jiangsu Meilan and Shandong Dongyue have installed parking lots. The supply of goods in the yard continues to be tight, the enterprise inventory is not under pressure, the price support mood is strong, and the market continues to rise. At present, the average market price exceeds 40000 yuan / ton. Although the vehicle demand is still in the off-season, the cost support is getting stronger, the market is running stronger, and the market trend of downstream refrigerant has risen sharply, Hydrofluoric acid market price trend rose.

From the industrial chain chart, the price trend of fluorine chemical industry is rising, the price of raw material fluorite is rising, the price of sulfuric acid raw material is at a high level, and the price trend of downstream refrigerant products is rising sharply. In addition, the recent stable operation of domestic hydrofluoric acid units and normal spot supply on the site. Chen Ling, hydrofluoric acid analyst of Shengyi society, believes that the market price of hydrofluoric acid may continue to rise.

Trade name: titanium concentrate

Latest price October 11: 2410 yuan / ton

Key points of analysis on October 11, the market price of domestic titanium concentrate was relatively stable, the operating rate of downstream titanium dioxide plant decreased, the overall demand for titanium concentrate contracted slightly, and the demand for titanium ore market weakened. The overall market trading atmosphere is general, traders are cautious in taking goods, and the wait-and-see mood is obvious. Downstream procurement is mainly on demand.

Forecast: the price of titanium concentrate will remain stable in the short term.

In October, the propane market rose unabated and welcomed the good start. After returning from the 11th small holiday, Shandong propane market continued its rise in September, continued to be the main player, with a particularly prominent increase, broke through the high level of 6000 yuan / ton, and quickly rose to the highest level in the year. According to the monitoring data of business agency, the average price of propane in Shandong market was 4983.25 yuan / ton on September 30 and 6125.75 yuan / ton on October 8. The increase rate in early October was 6.24%, an increase of 22.93% compared with September 1.

As of October 8, the mainstream prices of propane in different regions in China are as follows:

region Specifications October 8th

East China Propane,% (V / V) not less than 95 5900-6100 yuan / ton

North China Propane,% (V / V) not less than 95 6030-6180 yuan / ton

Shandong region Propane,% (V / V) not less than 95 6043-6230 yuan / ton

South China Propane,% (V / V) not less than 95 6100-6150 yuan / ton

Since the beginning of October, the domestic propane Market as a whole has been the main player. Both the north and South markets have actively increased, and the increase in Shandong market is prominent. The factory quotation has been continuously increased during the National Day holiday, and on the first day after the festival. The price of propane in Shandong has risen above 6000 yuan / ton. At present, the average market price of propane in Shandong has reached the highest point of 6125.75 yuan / ton in the year.

The main factors supporting the continuous increase of propane price include the following points. First, the increase of import cost. At the end of September, Saudi Aramco introduced CP price in October, and propylene butane soared, which brought obvious benefits to the domestic market. Secondly, international crude oil pushed up, and the news was good for the market mentality. In addition, the off-season has passed, the weather has turned cool, and the terminal demand has increased compared with the previous period. In addition, with the arrival of the 11th small holiday, there is a demand for replenishment in the downstream before and after the festival, so there is a good enthusiasm to enter the market. At present, the inventory of Shandong manufacturers is mostly at a controllable level, with smooth shipment and strong mentality. Prices are still rising on the first day after the festival.

Saudi Aramco announced in October 2021 that both propylene and butane increased. Propane was 800 USD / T, an increase of 135 USD / T compared with the previous month; Butane is 795 USD / T, an increase of 130 USD / T compared with the previous month.

The peak season of propane market has come, and there is an expectation of improvement in terminal demand. In addition, the sharp rise in import costs and the high level of international crude oil have brought obvious benefits to the domestic market. At present, the overall transaction atmosphere of the market is mild, there is still replenishment demand in the downstream after the festival, and the manufacturer’s inventory is mostly at the low level, and the overall shipment is smooth. It is expected that the price of propane market will continue to rise in the short term.

1、 Price trend

In September, the futures price of domestic polyester staple fiber rebounded. According to the price test of business agency, on September 30, the average price of domestic polyester staple fiber spot market was 7343 yuan / ton, up 3.52% from the price of 7093 at the beginning of the month and 34.74% year-on-year. In the futures market, the main short fiber Futures (2201) closed at 7452 on September 30, up 7.53% from the beginning of the month.

The main reasons for the rise in the price of domestic polyester staple fiber in September are as follows: first, the cost picked up. This month, the international crude oil price fluctuated higher, and the price of PTA ethylene glycol, the upstream raw material of staple fiber, rebounded; Second, the supply is greatly reduced. Affected by the dual control of energy consumption, the main producing provinces have limited power and production, the production and shutdown of polyester staple fiber devices have been reduced, the maintenance has been increased, and the supply has been greatly reduced. However, the inventory of downstream yarn weaving Market and traders is low, so there is a demand for replenishment.

2、 Factors affecting price

In September, the domestic PTA spot market bottomed out and rebounded. As of September 30, the average price in the domestic market was 5069 yuan / ton, up 3.22% from the beginning of the month and 52.94% year-on-year. The futures market also strengthened. On September 30, the settlement price of 2201, the main force of PTA futures, was 5088 yuan / ton, up 3.20% month on month. International crude oil prices continued to rise due to lower inventories and supply concerns caused by hurricanes in the United States, and PTA cost side price support strengthened. The traditional demand for polyester and terminal weaving in the downstream is not prosperous in the peak season, and there is no change in September. In the first ten days of September, the PTA maintenance device was restarted, and the operating rate of the industry increased to more than 80%. Affected by the weak downstream demand, the supply of PTA plants was sufficient, and the inventory rebounded significantly. In particular, the upgrading of the “dual control” policy of energy in Jiangsu and Zhejiang increased the impact on the weaving industry, and the shutdown and production reduction increased significantly. Since the end of the month, PTA maintenance has been strengthened, and the industrial operating load has dropped to near 72%.

The ethylene glycol market strengthened significantly in September. On September 30, the average price of P value of oil based ethylene glycol was 5970 yuan / ton, an increase of 310 yuan / ton compared with the previous statistical cycle. Under the influence of “double control”, coal to ethylene glycol bears the brunt, and the operating rates of ethylene glycol and downstream polyester end have declined. In September, due to the closure of the port, the slow pilotage and unloading of special flights and other factors, the port inventory was at a low level, and the arrival expectation was also declining. Under the influence of favorable supply factors, the spot price rose steadily. Another important reason for the sharp rise in ethylene glycol prices is the upstream raw materials. Under the influence of factors such as the short-term hurricane in the United States, the decline of crude oil inventory and the expected increase in oil demand, the crude oil price fluctuated upward this month, once reaching a high in recent three years. Therefore, although the downstream polyester production and sales performance is still depressed, ethylene glycol is still strongly pushed up.

In September, the price of domestic pure polyester yarn fluctuated and remained stable. As of September 30, the average price of pure polyester yarn in Shandong was 14375 yuan / ton. The market turnover continued to be light, the overall market was dominated by caution, and manufacturers mainly shipped. Affected by the double reduction policy, the polyester yarn startup rate fell, the raw material inventory increased slightly, most of the early orders were delivered, the domestic and foreign trade inquiry atmosphere was ok, and the inventory pressure of polyester yarn finished products was relieved. Driven by the rapid rise in costs, the price of pure polyester yarn has been increased, and the transaction has been followed up gradually. However, the lower high price is generally accepted, and most of the early low positions are filled.

3、 Future forecast

Business analysts believe that the polyester staple fiber maintenance device may be restarted in October. The new production capacity of xinfengming polyester staple fiber may reach the production capacity, and the supply pressure may increase. However, in October, the downstream yarn weaving market was affected or reduced by “double control”, and the production capacity of power and production reduction and shutdown in the early stage may be gradually restored. In addition, with the advent of the traditional Christmas stock season in the textile and garment industry, the demand side may be improved. In addition to the strong support of crude oil price, it is expected that polyester staple fiber will still rise in October. Pay attention to the change of crude oil PTA price and the change of “double control” and “double limit” policies.

In September, the market situation of nitrile rubber continued to rise. According to the monitoring of business society, the price of nitrile rubber was 23233 yuan / ton at the beginning of the month and 24200 yuan / ton at the end of the month. At the end of the month, it increased by 4.16% compared with the beginning of the month.

The supply side of domestic nitrile rubber is basically stable, the enterprise inventory is small, the ex factory price of nitrile increases, and the demand side just needs support. It is understood that the ex factory price of domestic Lanhua nitrile increased by 200 ~ 400 yuan / ton in September. As of September 30, Lanzhou Petrochemical n41e reported 21200 yuan / ton, 3305e reported 22100 yuan / ton and 3308e reported 23200 yuan / ton. Traders’ offers rose slightly during the month.

In September, the price of raw butadiene fell sharply, the price of acrylonitrile fluctuated narrowly, and the cost side was empty. According to the monitoring of business society, as of September 30, the price of butadiene was 6975 yuan / ton, down 33.63% from 10510 yuan / ton at the beginning of the month; The acrylonitrile price of East China port in September was around 14800 ~ 15200 yuan / ton.

Future forecast: NBR analysts of business society believe that although the cost is low, the inventory pressure of NBR enterprises is small, and the downstream just needs support. It is expected that the price of NBR will remain high in the later stage.

1、 Price trend

In September, the price of styrene fell slowly after rising sharply under the cost support and demand suppression, and rose as a whole. According to the monitoring of business society, the price of styrene was 8787.50 yuan / ton at the beginning of the month, and rose all the way to 9657.50 yuan / ton on September 16, up 9.90%. By September 30, the price of styrene was 9170.00 yuan / ton, down 5.05% from the middle of the month and up 4.35% from the beginning of the month.

2、 Market analysis

This month, the price of styrene fell slowly after rising sharply under the cost support and demand suppression, and rose as a whole. At the beginning of June, affected by the sharp rise in the price of pure benzene, the price of styrene rose sharply. The arrival of pure benzene at East China port was affected by the health incident, some of which were delayed and the port inventory was tight. East China pure benzene rose slightly in the shock due to low inventory and external support. In addition, the maintenance news of downstream styrene Zhejiang Petrochemical in October triggered a sharp rise in styrene futures and spot. Pure benzene was driven by linkage trading, with active buying, rapid price rise, and cost support gave rise to styrene. By the middle of the month, the rise of pure benzene was weak and the price continued to fall. Yangzi BASF and CNOOC Taizhou reduced their load and shut down, resulting in some losses on the supply side. However, the external market prices in the United States and Europe fell sharply due to insufficient demand, resulting in the lack of other options for South Korea’s pure benzene export. Therefore, after the import volume reached 320000 tons in August, the import volume was also high in September. After the worries on the floor, the supply and demand fundamentals of pure benzene turned to sufficient supply, and the negative sentiment increased, causing the rapid decline of prices. With the exchange and rescue of some domestic pure benzene, pure benzene became weaker, driving the correction of styrene price. Near the end of the month, the price of styrene fluctuated and stabilized, the purchasing market before and after the Mid Autumn Festival, and the spot buying sentiment appeared one after another, but the recovery was weak. In addition, under the “energy-saving policy” in Jiangsu, the supply and demand decreased, while styrene plants were restarted in other regions, and the domestic supply increased instead of decreasing. In addition, the port arrival was concentrated and the inventory rose slightly. The fundamentals of styrene itself were still weak, Led to a rebound without support, showing an consolidation situation.

Future forecast: business analysts believe that the correction of pure benzene is temporarily stable, the cost support of styrene still exists, and the falling price space is limited. The styrene maintenance unit is gradually restored, the domestic supply will increase, and the fundamentals of styrene itself still show signs of weakening. Styrene is expected to remain volatile in the short term.

Price trend in September

According to the bulk list data of business society, the market price trend of cryolite continued to rise in September. The average market price at the end of the month was 6575 yuan / ton, an increase of 1.54% over the price of 6475 yuan / ton at the beginning of the month and 16.03% year-on-year.

Analysis of industrial chain in the month

In September, the cryolite market in Henan was sorted upward, the upstream raw materials were tight, and the enterprise inventory was tight. During the month, the enterprise adjusted the price according to its own shipment, and the cryolite price increased continuously. In terms of devices, the devices of domestic cryolite enterprises operated normally and started smoothly this month. The manufacturers in Henan had low production capacity, tight inventory, high cryolite quotation and acceptable downstream demand. The enterprises sold according to the order, and the actual transaction price was flexible. As of the 30th, the ex factory price of cryolite in Henan was 6500-6800 yuan / ton, up 200 yuan / ton month on month; The ex factory price in Shandong will be increased by 200 yuan / ton at the same time, and the quotation is about 6700 yuan / ton, mainly through negotiation.

Upstream, the domestic fluorite market remained stable. On September 30, the average price of fluorite was 2666.67 yuan / ton, a slight increase of 0.42% in the month. Affected by environmental protection, the mine is underoperated, and the price trend of fluorite rises slightly due to the rising price of refrigerant. At present, the market demand is weak, the trading of fluorite is general, and there is no good news in the market. It is expected that the market will wait and see in the later stage.

The downstream aluminum industry operated at a high level in September. Affected by the dual control of energy consumption, the production capacity was reduced, the supply was tight, the domestic demand came out of the off-season, the demand for photovoltaic, automobile and other industrial materials maintained growth, which continued to be good for the aluminum price. Under the market game, the future market continued to fluctuate at a high level.

Future forecast

At present, the supply of cryolite market is tight, the downstream demand is OK, the high quotation of enterprises is strong, the on-site mentality is mainly wait-and-see, the raw materials are tight, and there is no possibility of short-term price reduction. It is expected that the cryolite market will be stable and wait-and-see in the later stage.

1、 Price trend

According to the monitoring data of business society, the price of soda ash is strong this month. At the beginning of the month, the average market price was about 2312.5 yuan / ton, and at the end of the month, the average market price was 3025 yuan / ton, with a price increase of 30.81%, an increase of 66.51% over the same period last year. On September 28, the commodity index of light soda ash was 152.56, unchanged from yesterday, hitting a record high in the cycle, an increase of 141.58% from the lowest point of 63.15 on November 18, 2015. (Note: the period refers to the period from September 1, 2011 to now)

2、 Market analysis

According to the monitoring data of business agency, the price of soda ash is strong this month. At present, the mainstream market price of light soda ash in East China is about 2800-3000 yuan / ton. The price of soda ash in North China is relatively strong, and the current market price of light soda ash is about 2850-3200 yuan / ton. Generally speaking, the short-term soda ash price is mainly high. Affected by the dual control policy, there are many manufacturers’ parking, the overall supply of soda ash is reduced, and the delivery of early orders is mainly. Soda ash inventory is small, and some enterprises do not pick up goods smoothly.

Demand: the price of glass spot market is weak. At the beginning of the month, the average market price was 38.75 yuan / m3, and at the end of the month, the average market price was 37.31 yuan / m3, down 3.72%. The production and sales of Shahe in North China are weak, manufacturers mainly ship at stable prices, and traders ship flexibly. The trend in East China was weak, the wait-and-see mood in the downstream was obvious, and the spot price of glass fell. Glass shipments in Central China are generally, some enterprises implement preferential policies, and the price is reduced slightly. The glass shipment in South China is acceptable, the manufacturers deliver at stable prices, and the downstream just needs to purchase. Forecast: in the short term, the glass spot market will wait and see, and the price will continue to be weak.

According to the price monitoring of the business community, in the 38th week of 2021 (9.20-9.24), there were 4 kinds of commodities rising, 1 kind of commodities falling and 0 kind of commodities falling. The main commodities rising were: light soda ash (19.47%), calcium carbide (10.94%), caustic soda (7.82%); The main commodities falling were hydrochloric acid (- 4.35%). The average rise and fall this week was 7.82%.

Business analysts believe that the domestic soda ash price is strong, the market is running, the market trading atmosphere is good, and the manufacturers are mainly active in shipping. However, the downstream glass price is still in conflict with the high price soda ash, the glass price is weak, and the soda ash is mostly purchased on demand. There is still demand in the market as a whole, but the supply is small and the supply is difficult to find. In addition, considering the impact of policies, soda ash is still strong in the short term, mainly market operation, depending on the downstream market demand.

According to the monitoring data of business agency, as of September 28, the average ex factory price of n-butanol in Shandong was 10333 yuan / ton. Compared with September 1 (the reference average price of n-butanol was 15466 yuan / ton), the average price was reduced by 5133 yuan / ton, a decrease of 33.19%.

In the first week of September, the domestic n-butanol market in Shandong Province showed a slight upward trend. On the 5th, the average ex factory price of n-butanol in Shandong Province was 15666 yuan / ton. Compared with the 1st, the average price rose by 200 yuan / ton, or 1.29%. Since the 6th, due to the weak demand, the quotation of n-butanol factory has continued to decline. On the 12th, the average ex factory price of n-butanol in Shandong fell to 14800 yuan / ton, a decrease of 4.52% compared with the beginning of the month.

In mid September, the policies of limiting production and electricity in all provinces were implemented, and the demand for n-butanol decreased significantly, and the market price fell sharply

As a major n-butanol supply and marketing Province, Shandong’s n-butanol unit basically operated normally in September and the supply in the site was normal, except for some planned shutdown and maintenance devices. However, since late September, due to power and production restrictions and other influencing factors, the demand for n-butanol in the downstream market has declined to a large extent. The operating rate of main products in the downstream of n-butanol is less than 40%, and even the operating rate of individual downstream products is less than 20%. Under the obvious reduction of demand, the market price of n-butanol began to decline sharply. As of the 25th, the average ex factory price of n-butanol in Shandong has dropped to 12400 yuan / ton, Compared with the beginning of the month, the decline has reached 20%.

On the 26th, just four days before the national day, the downstream pre festival goods preparation was still average, and the sales pressure of n-butanol market was prominent. The n-butanol factory again significantly reduced the ex factory price of n-butanol by 1000-2000 yuan / ton. On the 26th, the average ex factory price of n-butanol in Shandong was 10333 yuan / ton, a single day decrease of 16.67% compared with the previous working day, Subsequently, the overall market was weak. As of September 28, compared with the beginning of the month, the decline of n-butanol in September had exceeded 33%.

In terms of index, on September 28, the commodity index of n-butanol (industrial grade) was 84.24, the same as yesterday, down 36.08% from the highest point of 131.79 in the cycle (2021-05-16), and up 181.83% from the lowest point of 29.89 on November 30, 2015. (Note: the period refers to the period from September 1, 2011 to now)

In terms of upstream propylene oxide, at the end of September, the domestic propylene oxide Market in Shandong was highly stable. As of September 28, the average production price of propylene oxide in Shandong was 17333.33 yuan / ton, an increase of 8.11% compared with September 1 (16033.33 yuan / ton). At present, the raw material propylene has decreased steadily, the cost support is general, the production restriction policy affects propylene oxide and downstream operation load, the market is relatively stable, the overall trading atmosphere is general, and the market wait-and-see atmosphere is increasing.

Future analysis of n-butanol

In September, after the price of n-butanol fell sharply, the downstream profit margin was better improved, which will also give some support to the start-up of downstream units after the National Day holiday. With the increase of downstream start-up, the demand enthusiasm will also increase. Therefore, analysts of business society believe that after the National Day holiday, the overall market demand for n-butanol in Shandong will be better in October than in mid and late September, Therefore, the market price of n-butanol is expected to pick up steadily after the festival.

1、 Price trend

According to the bulk list data of business society, the average ex factory price of powdered monoammonium was 3516 yuan / ton on September 20 and 3500 yuan / ton on September 27. The price of monoammonium phosphate fell by 0.47% this week.

According to the bulk list data of business society, the average ex factory price of 64% diammonium phosphate was 3590 yuan / ton on September 20 and 3590 yuan / ton on September 27. The price of diammonium phosphate was stable this week.

2、 Market analysis

Monoammonium phosphate operated weakly this week, and the price fell slightly. The operating rate of enterprises this week was 56%, down from last week. At present, the market atmosphere is still weak, the prices of some enterprises are fine tuned, and the overall trend is stable. Under the influence of double control, the supply of Monoammonium decreased. The operating rate of downstream compound fertilizer is reduced and the purchase of raw materials is reduced. At present, the factory quotation of 55% powdered ammonium in China is 3400-3600 yuan / ton. The factory quotation of 58% powdered ammonium is about 3800 yuan / ton.

The price of diammonium phosphate was stable this week. The operating rate of enterprises this week was 60%, down from last week. At present, most of the diammonium enterprises still have a large amount to be issued. Most of them mainly issue early orders, and most enterprises do not offer for the time being. At present, the export demand is good, and the price of diammonium is strong. The factory quotation of 64% mainstream diammonium in Hubei is 3550-3650 yuan / ton, mainly through negotiation.

This week, the domestic market of raw phosphorus ore continued to operate at a high level and stably, and the supply of phosphorus ore is still tight. At the beginning of the week, some mining enterprises in Guizhou had tight goods and high prices, and a small amount of spot goods were mainly orders from old customers. At present, external orders are suspended when there is no goods, mainly contract users.

3、 Future forecast

The ammonium phosphate analyst of the business society believes that the current monoammonium market is weak and stable. The price of raw materials is stable, and the downstream compound fertilizer enterprises purchase on demand. The price of monoammonium phosphate is expected to run smoothly in the short term. At present, domestic orders for diammonium are sufficient and foreign demand is good. It is expected that diammonium phosphate will continue to operate at a high level and firmly in the short term.

1、 Price trend

According to the bulk list data of business society, the price of toluene rose slightly this week. On September 17, the price of toluene was 5660 yuan / ton; The price on Sunday (September 26) was 5680.4 yuan / ton, up 0.36% from last week; Compared with the same period last year, it increased by 64.17%.

2、 Analysis and review

The price of related aromatics fell, the fundamental support of toluene market was weak, and the weak and stable trend continued in the first half of the week. Crude oil rose continuously during the week. Supported by the raw material end, the price of toluene rose slightly, but the demand still restricted the increase.

In terms of the outer disk, the outer disk continued to fluctuate in a narrow range. As of September 24, the price of toluene imported from South Korea was US $801 / T, up US $12 / T or 1.52% month on month from September 17.

In terms of crude oil, U.S. crude oil inventories fell continuously, U.S. oil and gas production in the Gulf of Mexico recovered slowly, and the market was worried about tight crude oil supply. Crude oil rose sharply this week. On September 17, Brent rose $2.75 / barrel, or 3.65%; WTI rose $2.01/barrel, or 2.79%.

Downstream: in terms of TDI, TDI in East China fluctuated downward this week, and domestic goods executed 14100 yuan / ton, down 1.17% from last week and 20.93% from the same period last year. There is no inventory pressure due to the equipment maintenance of many TDI factories in China. Under the dual control policy of energy consumption, the downstream demand is general, the transaction downstream of the terminal is not smooth, the downstream follows up rationally, just needs to buy, the trading atmosphere on the site is light, and the operator’s mentality is mainly wait-and-see.

In terms of PX market, in terms of PX market, the trend of domestic PX was temporarily stable this week, with the price of 7100 yuan / ton, an increase of 54.35% over the same period last year. As of September 24, the closing prices in Asia were USD 898-900 / T FOB Korea and USD 916-918 / T CFR China.

3、 Future forecast

In terms of crude oil, the demand for fuel oil is promising, the market expects tight crude oil supply, and the oil price has the power to act. Continue to pay attention to the impact of the epidemic situation, OPEC + decisions on crude oil production, US crude oil and refined oil storage dynamics, global economic conditions and so on on on crude oil prices.

The demand side is the main factor affecting the trend of toluene at present. Although the trend of crude oil is good in the near future, the demand continues to be weak and toluene lacks upward momentum. Overall, toluene continued its weak and stable trend in the short term. Pay attention to the downstream goods preparation intention before the national day, the dynamics and demand of downstream units, and the impact of crude oil and external market trend on the price of toluene.

The price of ethylene oxide in various regions increased by 200 yuan / ton before and after the Mid Autumn Festival. After adjustment, the ex factory price of mainstream East China was 7900 yuan / ton.

Upstream, with the U.S. crude oil inventory falling to the lowest in nearly three years and Brent oil price reaching a three-year high, the coal market continues to run strong, the domestic spot supply of ethylene is in short supply, and the price is adjusted at a high level. Ethylene oxide has strong cost support.

Polycarboxylate superplasticizer monomer has also swept away the decline recently, and the price has risen steadily. Today, the quotation of Hubei Lingan is increased by 100 yuan / ton. Although the quotation of Shanghai Dongda is stable, the goods have been limited due to the shortage of raw materials. Sanjiang AEO-9 was also affected by the sharp rise of fatty alcohol, which was successively increased to 12000 yuan / ton. However, from the perspective of the downstream industry as a whole, at present, manufacturers have strong resistance to high priced raw materials and complain one after another. Affected by the high price of ethylene oxide, shortage of supply and dual control of energy consumption in some areas, downstream enterprises have to stop production or reduce their burden.

In terms of ethylene oxide, both the supplier and the demander have been impacted to varying degrees under the influence of the policy, but the shortage of ethylene oxide supply is more serious. The situation of purchasing at higher prices in the downstream is common. The load of Lianhong is reduced to 60%, mainly about the length of the guarantee. At present, there is no goods available for zero orders, Previously, it has been reported that Jinyan satellite and other devices that have caused fluctuations in the mentality of people in the industry need to stop. At present, the news has not been implemented. In addition, the National Day holiday is imminent, market people mostly wait and see and wait for policy guidance after the festival.

Temporarily stable.

Today, the production price of styrene in Shandong was 9240.00 yuan / ton, stable.

Today, the Styrene Market in Shandong maintained a stable operation, crude oil rebounded and prices rose, the high level of pure benzene continued to fall, styrene cost support weakened, futures opened at a low price, inventories in the East China reservoir area increased slightly, domestic mainstream production enterprises are expected to make up falls and promote sales one after another, and the market supply is sufficient. The downstream demand is weak. Although there are expectations for delivery at the end of the month and goods preparation on the national day, the performance within the day is insufficient. The market does not buy or fall, and the wait-and-see atmosphere is heavy. Today, the price of styrene in East China is around 9250-9300 yuan / ton. The price in Northeast China is about 9150 yuan / ton, and the price in South China is reduced to about 9000-9050 yuan / ton.

In the short term, styrene is still expected to rebound after falling continuously.

On September 22, the market of potassium nitrate was stable. According to the statistics of business agency, the quotation of mainstream domestic potassium nitrate manufacturers was 5300-5600 yuan / ton (the quotation is for reference only). The quotation is different according to different procurement conditions. The supply of potash fertilizer in China increased slightly, and the port was supplemented by a small amount of new sources. The market turnover is general and the market fluctuation is not large.

In the near future, the supply of potash fertilizer market is relatively stable, the procurement of downstream factories is not active, the demand is poor, and the market transaction is slow. It is expected that the market price of potassium nitrate may decline in the short term, and the long-term market still needs to wait and see. (the above prices are provided by major potassium nitrate manufacturers all over the country and sorted and analyzed by potassium carbonate analysts of business society. They are for reference only. Please contact relevant manufacturers for more price details).

1、 Price trend

According to the bulk list data of business society, aniline continued its decline at the beginning of the week, rose continuously after an unexpected rebound on Tuesday, and prices rose broadly during the week. On September 10, the price in Shandong was 10100-10300 yuan / ton, and the price of aniline in Nanjing was 10400-10600 yuan / ton; On September 17, the price in Shandong was 11200-11420 yuan / ton, and the price of aniline in Nanjing was 11500 yuan / ton. The price increased by 10.06% over last week, 3.99% over the beginning of the month, 43.04% over the beginning of the year and 137.06% over the same period last year.

2、 Analysis and review

In terms of cost, affected by the epidemic and typhoon, the arrival of cargo was delayed, the port inventory decreased significantly, the spot supply in East China was tight, which stimulated the active purchase in the downstream, and the market speculation was strong. In the second half of the week, affected by the “double control” policy, the downstream operating rate decreased significantly; In addition, the reserve of pure benzene in the downstream is relatively sufficient due to short supply in the early stage, and the resistance to high priced pure benzene in the downstream is strengthened and the follow-up is weakened. Market buying enthusiasm fell, pure benzene market fell, traders took profits and prices fell. This week, Sinopec’s pure benzene price was raised three times and lowered once, and the adjusted price was 8300-8450 yuan / ton.

The price of nitric acid rose significantly this week. On Friday (September 17), the production price of nitric acid in East China was 3090 yuan / ton, an increase of 3% over last week and 103.74% over the same period last year.

Affected by environmental protection policies, the operating rate in the lower reaches of the North decreased last week and the demand for aniline decreased. In order to promote shipment, the price of aniline decreased continuously. On Monday, aniline continued its decline last week, and the price continued to decline. After an unexpected rebound on Tuesday, it rose continuously and the overall price rose broadly. Under the “double control” policy, Jiangsu Yangnong and Jiangsu Fuqiang have unplanned parking; A 100000 t / a unit of Nanhua was shut down to replace the catalyst. At present, aniline in Jiangsu has lost 130000 T / a production capacity. The spot supply in East China was tight, and the inventory of aniline enterprises in Shandong and Shanxi decreased rapidly, driving the overall supply in the field to be tight.

3、 Future expectations

In terms of cost, crude oil deposit may fall; Affected by the “double control” policy in the downstream, the downstream operating rate in East China decreased significantly, and the subsequent demand for pure benzene was weak. At the end of this month, Dalian Fujia and Dalian Hengli planned maintenance, and the supply is expected to decrease, or offset the bad brought by the decline in demand. Overall, it is expected that pure benzene will be consolidated at a high level after a slight decline.

In the short term, with the support of cost and the restriction of “dual control” on market supply, aniline is easy to rise but difficult to fall, and the price is expected to return to a high level within the year. Continue to pay attention to the trend of raw material, downstream demand and the dynamics of aniline plant.

Since September, liquid ammonia has reversed the diving market of last month and continued to rebound rapidly. According to the monitoring of business society, liquid ammonia rose by 13.41% this week. As of Friday, liquid ammonia rose by 20.78% since September. At present, the market has recovered most of the land lost in August, and the price of liquid ammonia in Shandong has reached the range of 4400-4600 yuan / ton.

In terms of supply, urea plants in major production areas such as northwest and Shanxi are facing centralized maintenance. The domestic urea output has decreased significantly and the price has begun to rise. Some ammonia enterprises have switched to urea, which has exacerbated the contradiction of shortage of liquid ammonia supply, and the price of liquid ammonia is rising.

On the cost side, the coal price continued to rise, and the cost prompted the market price of liquid ammonia to rise. According to the monitoring of the business society, the power coal rose in late August after a short correction in mid and early August, and continued until early September. According to the monitoring of the business society, the power coal rose by more than 15% from August 23 to September 10. (see figure above)

On the demand side, under the background of more troubleshooting enterprises and a significant decline in the average daily output of urea, although the downstream demand has not been fundamentally improved, the terminal procurement is still tight. A small amount of local reserves for domestic agricultural demand to ensure stable rigid demand; The operating rate of compound fertilizer enterprises decreased slightly, and the downstream load production was reduced due to the influence of environmental protection inspectors in Lianghu area. However, the operating rate of the rubber plate factory is acceptable, and the procurement volume increases slightly.

In terms of export, there are still intermittent export orders when Indian bidding is pending. The overall external demand remained stable.

Future forecast: the business agency believes that the recent rising momentum of the coal market remains unchanged, the urea market turns better, and the urea printing standard is approaching, and the maintenance period of the stacking device will continue for some time. It is expected that the price of liquid ammonia will remain strong in the near future, which does not rule out the possibility of continued upward price.

According to the data monitoring of the business agency, as of September 15, the average ex factory price of butanone in the domestic market was 8300 yuan / ton. Compared with the price on September 10 (the average price was reduced by 8350 yuan / ton), the average price was reduced by 50 yuan / ton, an increase of 0.6%, and compared with the price on September 1 (the average price was reduced by 8533 yuan / ton), the average price was reduced by 233 yuan / ton, a decrease of 2.73%.

Last week, individual butanone spot traders in Shandong raised the ex factory price of butanone slightly, but did not drive a wide-ranging rise in the market. Entering this week, the butanone market as a whole is in a weak position, and the double festival is approaching. At present, the downstream has not shown a significant hoarding of goods. The overall transaction in the butanone market is general. In the face of the current tepid trading atmosphere, the driving force for the rise of butanone prices is insufficient, and the operators’ quotation remains at the pre-term level. On the 15th, individual butanone holders in Shandong narrowly reduced the ex factory price of butanone, The reduction range is 50 yuan / ton. At present, the high market of C4 after raw ether still gives butanone some cost support, but the overall trend of butanone is still tired when the demand boost is not obvious. At present, as of September 15, the market price of butanone in East China is around 8400-8500 yuan / ton, the market price of butanone in Shandong is 8200-8400 yuan / ton, and the average price of butanone in China is 8300 yuan / ton, which is nearly 13% lower than the market high of 9533 yuan / ton a month ago.

Upstream, with the arrival of the traditional sales peak season “golden nine”, the liquefied gas market has lived up to expectations and ushered in a sharp rise. At present, the ex factory quotation of civil gas in Shandong has risen to more than 5000 yuan / ton. According to the data monitoring of business agency, the average price of liquefied gas in Shandong civil market was 4743.33 yuan / ton on September 5 and 5060.00 yuan / ton on September 13. The increase rate in one week was 6.68%, an increase of 66.27% compared with the same period last year.

Internationally, on September 14, the international oil price was basically flat. On the last trading day, the settlement price of the main contract of WTI crude oil futures in the United States was US $70.46/barrel, up US $0.01, and the settlement price of the main contract of Brent crude oil futures was US $73.60/barrel, up US $0.09.

Future analysis of butanone

At present, on the one hand, the recent market of C4 after upstream ether is high, and the profit is reduced under the increase of butanone cost pressure. Therefore, the industry has limited acceptance of continuing to adjust butanone price downward. On the other hand, if the downstream demand continues to be weak and the improvement is not obvious, the possibility of butanone price rising sharply is also low. Therefore, butanone analysts of business society believe that in the short term, The domestic butanone market will be adjusted and operated in a narrow range, and more attention should be paid to the actual order transaction and demand follow-up.

Recent urea price trend

As can be seen from the above figure, the ex factory price of urea in Shandong continued to rise slightly this week. The quotation increased from 2493.33 yuan / ton at the beginning of the week to 2500.00 yuan / ton at the end of the week, an increase of 0.27%, an increase of 47.93% over the same period last year. Overall, the urea market rose this week, and the urea commodity index was 116.28 on September 10.

Cost support was strengthened, downstream demand was enhanced, and urea supply decreased

From the manufacturer’s quotation, the mainstream ex factory price of urea in Shandong rose this week. Yangmei plain urea is quoted at 2470 yuan / ton this weekend, which is temporarily stable compared with that at the beginning of the week; Shandong Ruixing urea will not be quoted this week, but it is actually discussed, and the overall rise; Open water chemical urea has not been quoted this week.

From the upstream and downstream industrial chain data, the upstream products of urea rose slightly this week as a whole: the price of LNG fell slightly, and the quotation fell from 5926.67 yuan / ton at the beginning of the week to 5790.00 yuan / ton at the end of the week, a decrease of 2.31%, a year-on-year increase of 145.69% compared with the same period last year; The price of thermal coal increased, and the quotation increased from 1175.00 yuan / ton at the beginning of the week to 1205.00 yuan / ton at the end of the week, an increase of 2.55%, a year-on-year increase of 112.24% compared with the same period last year. The price of liquid ammonia rose sharply. The quotation increased from 4200.00 yuan / ton at the beginning of the week to 4650.00 yuan / ton at the end of the week, an increase of 10.71%, a year-on-year increase of 48.40% compared with the same period last year. The price of melamine in the downstream of urea rose this week, from 15500.00 yuan / ton at the beginning of the week to 16700.00 yuan / ton at the end of the week, an increase of 7.74%.

From the perspective of demand: the demand increases, the agricultural demand begins to prepare fertilizer, the industrial demand rises, the demand for urea in the downstream compound fertilizer and rubber plate plants increases, and the operating load rate of melamine enterprises remains at a high level. Most of them follow up with the acquisition and use of an appropriate amount. In terms of supply, urea has entered the centralized maintenance period. There are maintenance plans in Shandong, Shanxi, Xinjiang and Inner Mongolia, and the daily output of urea has declined. On the whole, the urea cost support is strengthened, the downstream demand is increased, the urea supply is reduced, and the supply is in short supply.

Urea prices are bullish in the future

In the middle of September, the urea market in Shandong Province mainly rose slightly. Urea analysts of business society believe that at present, urea has entered the centralized maintenance period, the supply is tight, the demand for autumn fertilizer will be opened, compound fertilizer plants and large traders begin to take goods, the industrial demand has increased, there is also good news from the printing standard, and the market price may fluctuate slightly in the future.

The spot tin market price (9.3-9.10) this week was mainly upward. The average price in the domestic market was 249350 yuan / ton last weekend and 257933 yuan / ton this weekend, up 3.44% this week.

On September 11, the tin commodity index was 131.39, unchanged from yesterday, hitting a record high in the cycle, up 206.56% from the lowest point of 42.86 on December 9, 2015. (Note: the period refers to the period from September 1, 2011 to now).

The trend of futures market was strong this week, with Shanghai tin rising by 4.19% this week. In the spot market, the overall supply of domestic spot tin inventory was still tight, the inventory decreased slightly compared with last week, and the tin price reached a new high of 253520 yuan / ton. At present, the downstream demand is stable, and the demand of the electronic industry is expected to improve in the future. However, the downstream is afraid of heights, and it is basically based on on-demand procurement. Domestic mine end supply is still tight as a whole.

According to the price monitoring of the business community, in the list of commodity prices rising and falling in the 36th week of 2021 (9.6-9.10), there are 15 kinds of commodities rising month on month in the non-ferrous sector, including 1 kind of commodity rising by more than 5%, accounting for 4.5% of the monitored commodities in the sector; The top three commodities were metal silicon (7.94%), nickel (4.93%) and aluminum (4.64%). There were three commodities with month on month decline, and the top three products were gold (- 1.53%), silver (- 0.55%) and cobalt (- 0.35%). Both rose or fell by 1.4% this week.

In the future, the business society believes that under the current tight supply, the future tin price will remain high and oscillate, and there is still the possibility of reaching a new high.

According to the data monitored by the business society, as of September 10, the average price of domestic rubber grade excellent white carbon black was 5100.00 yuan / ton. This week, the white carbon black operated smoothly and maintained the early trend. The price fluctuation was not obvious, the supply and demand were balanced, and the room for rise was limited.

This week, the silica market mainly operated stably, the overall market supply and demand were balanced, the downstream just needed to prepare goods, the procurement atmosphere was general, the contract customers were the main, the number of new orders was limited, the current inventory was normal, the manufacturers shipped actively, the logistics was smooth, and the operating rate was normal.

The quotation of upstream hydrochloric acid is temporarily stable and the cost support is general. Dezhou Maihua is 150 yuan / ton, Shanxi Wenshui is 230 yuan / ton and Dezhou Shihua is 450 yuan / ton. The price has no obvious change. It is mainly stable and mainly supplied to contract customers.

Chemical commodity index: on September 9, the chemical index was 1146 points, an increase of 2 points over yesterday, a record high in the cycle, an increase of 91.64% over the lowest point of 598 points on April 8, 2020. (Note: the period refers to the period from December 1, 2011 to now)

On September 10, the commodity price index of hydrochloric acid and silica was 88.85, the same as yesterday, down 31.22% from the highest point of 129.18 in the cycle (2020-07-14), and up 228.47% from the lowest point of 27.05 on September 3, 2012. (Note: the period refers to the period from January 1, 2012 to now)

Business agency white carbon black analysts believe that: it is expected that white carbon black will mainly operate stably next week to maintain a stable trend in the early stage. (to know more about the industry chain market trends, welcome to pay attention to the official account of the business community, obtain commodity information, and grasp the commodity price).

According to the monitoring data of business society, as of September 5, the average ex factory price of domestic industrial grade propylene glycol was 17033 yuan / ton. Compared with August 30 (propylene glycol reference price of 17288 yuan / ton), the average price was reduced by 255 yuan / ton, a decrease of 1.45% within the week, and 33 yuan / ton, a decrease of 0.20% within 30 days, compared with August 5 (propylene glycol reference price of 17066 yuan / ton).

Near the end of August, supported by the failure shutdown of propylene glycol units in Shaanxi and the reduction of propylene glycol supply in the yard, the domestic propylene glycol market corrected at the end of August.

In the first week of September, the domestic propylene glycol market fell as a whole. At the beginning of the week, the domestic propylene glycol on-site supply did not change much, and the factory operation did not change much. The downstream can continue the just needed procurement. The ex factory quotation of propylene glycol in Shandong is around 17300-17500 yuan / ton. In the middle of the week, some factories shipped slowly and gradually accumulated inventory. On the 1st, the ex factory price of propylene glycol decreased by 200-400 yuan / ton. After the price decreased, The downstream demand boost was not obvious, and the performance was still relatively cold. On the 2nd, the propylene glycol market fell slightly again. Until the weekend, the propylene glycol market was dominated by weak operation. By the end of the week, the ex factory price of propylene glycol in Shandong was around 16800-17200 yuan / ton. Compared with the beginning of the week, the price was reduced by 300-500 yuan / ton, and the domestic average price was 17033 yuan / ton. Compared with the beginning of the week, the average price was reduced by 255 yuan / ton, a decrease of 1.45% within the week.

In terms of upstream propylene oxide, the propylene oxide market first stabilized and then rose in the first week of September. At the beginning of the week, the mainstream quotation of propylene oxide Market in Shandong was around 15600-15700 yuan / ton, the factory inventory pressure was not large, the follow-up of new orders in the downstream was general, the market was flat, and it was temporarily stable. With the release of downstream demand, the factory inventory fell to a low level, the market rose, and the price rose slightly. At present, the mainstream quotation of propylene oxide Market in Shandong is around 15700-15800 yuan / ton.

Future trend analysis

At present, after the propylene glycol market fell within the week, the downstream wait-and-see attitude is still cautious, the transaction orders are general, and the supply side has not yet made significant performance in propylene glycol support. Therefore, the propylene glycol analysts of business society believe that the domestic propylene glycol market will fluctuate in a narrow range in the short term and adjust the operators.

1、 Price trend

According to the bulk list data of business society, the average ex factory price of powdered monoammonium was 3566 yuan / ton on August 30 and 3516 yuan / ton on September 5. The price of monoammonium phosphate fell by 1.40% this week.

According to the bulk list data of business society, the average ex factory price of 64% diammonium phosphate was 3605 yuan / ton on August 30 and 3605 yuan / ton on September 5. The price of diammonium phosphate was stable this week.

2、 Market analysis

Monoammonium phosphate continued its weak trend this week, and the price continued to fall. The operating rate of enterprises this week was 64%, down from last week. At present, the market center of gravity has declined significantly, and most enterprises offer uncertain prices, which are discussed on a single basis. The current market of downstream compound fertilizer is poor, and the purchase of raw materials is reduced. Although the raw phosphorus ore and sulfur increased significantly, the price of Monoammonium decreased significantly due to the weakening of domestic demand and the increase of inventory. The factory quotation of 55% powdered ammonium in China is 3400-3550 yuan / ton. The factory quotation of 58% powdered ammonium is about 3800 yuan / ton.

The price of diammonium phosphate was stable this week. The operating rate of enterprises this week was 62%, up from last week. At present, most diammonium enterprises mainly issue early orders and do not receive payment temporarily. Due to the small supply of goods, the enterprise will not quote for the time being, and the market is generally stable. Due to the strong demand at home and abroad, the market of diammonium phosphate continued to improve. The factory quotation of 64% mainstream diammonium in Hubei is 3550-3650 yuan / ton, and that of 64% mainstream diammonium in North China is 3400-3500 yuan / ton.

As for raw phosphorus ore, the market price of phosphorus ore in many regions in China rose sharply again this week. The main reason for the rise is that there is a shortage of phosphorus ore in stock in mines. Medium and high-grade phosphorus ore in some mines in Guizhou is out of stock, which is only supplied to contract users and no new orders are received. The prices of other tight mines also began to rise at the beginning of the week, which is a large increase.

3、 Future forecast

Ammonium phosphate analysts of business society believe that the current market situation of Monoammonium is weak and the downstream procurement is poor. The price of raw materials is rising, and enterprises are under great pressure. It is expected that the price of monoammonium phosphate may continue to decline in the short term. At present, the demand for diammonium is good, and the industry is mostly optimistic. The rise of raw materials is favorable support, with a large number of pending orders and a small supply of goods. It is expected that diammonium phosphate will operate stably and firmly in the short term.

Trade name: sulfuric acid

Latest price (September 6): 795.00 yuan / ton

On September 6, the market price of sulfuric acid in Shandong increased by 10 yuan / ton, or 1.27%, compared with the quotation on September 3, and 103.85% compared with the same period last year. From the perspective of upstream and downstream industrial chains, the upstream sulfur market has been rising step by step recently, and the cost support is good. The downstream bromine market began to stop falling and rise, and the downstream formic acid market was also rising sharply. The downstream demand was strong, which had a positive impact on the price of sulfuric acid.

Recently, the market price of sulfuric acid in Shandong may rise slightly, and the average quotation price is about 800 yuan / ton.

According to the data monitored by the business society, the overall PP market was stable and small in early September, and the spot prices of various brands were adjusted in a narrow range. As of September 3, the mainstream offer price of T30S (wire drawing) from domestic manufacturers and traders was about 8366.67 yuan / ton, with a slight decrease of 0.20% compared with last Friday and a year-on-year increase of 1.41%.

Cause analysis

Industrial chain: upstream propylene. According to the bulk list data of business society, as of September 3, the reference price of propylene was 7617.57, down 1.94% compared with Monday’s price. The shipment of production enterprises has improved, and the market trading atmosphere is acceptable.

The price of direct raw material propylene fell, and the cost side support of PP was weakened this week. In terms of operating rate, the overall load of the industry was about 80-90% at the end of August. At present, domestic polypropylene units are slightly lower than before, but the reopening of some units is approaching, and the operating rate is expected to rise. The supply side also operates smoothly and the supply pressure is general. The demand for PP wire drawing materials continued to follow up smoothly, the actual purchase operation was biased towards just need to maintain production, and the high price supply was generally resisted by buyers. The shipment fluency of merchants decreased, and there was great resistance to the increase of offer. Generally, they shipped at a high price, and it was heard that the price of real orders decreased.

In terms of fiber materials, according to the data monitored by the business society, as of September 3, the spot price of domestic fiber PP was adjusted in a narrow range in early September. The mainstream offer price of Z30S (fiber) from domestic manufacturers and traders was about 8433.33 yuan / ton, a slight increase of 0.20% over last week and 1.61% over the same period last year. This week, the demand for PP fiber materials generally stabilized. Although the current national fiber material operating rate is below 60%, the capacity mismatch to a certain extent has intensified the industry competition. At a time when the demand for end consumer goods of main downstream non-woven fabrics is difficult to increase, the market pattern may be weak. At the same time, the demand for epidemic prevention products has also decreased steadily, which may reduce the positive impact of traditional peak season on fiber PP.

In terms of melt blown materials, the melt blown PP market operated weakly and stably this week, and the spot price decreased by a narrow margin. As of September 3, the average quotation of domestic melt blown material sample enterprises monitored by business society was about 9200 yuan / ton, with a decrease of 0.36% compared with last week. At present, the impact of international health events is still profound, and there is a certain epidemic prevention demand overseas, but the increment of melt blown cloth orders is not obvious. Melt blown PP has great resistance to rise in the domestic market, and the recent weak market has dropped due to the end of the stock tide in some medium and high-risk areas. At present, due to the high market saturation of melt blown materials and cloth in the early stage, there are few devices still in production in China. It is expected that the price market of melt blown PP may continue to operate smoothly.

Future forecast

PP analysts of business society believe that the domestic polypropylene market was stable and weak in early September. On the whole, the spot price decreased in a narrow range. The demand follow-up of terminal enterprises continued to be deadlocked, and the supply was stable. The upstream propylene market fell weakly and the direct raw material support weakened. The peak season hoarding operation is about to begin, but there is resistance to the high report of merchants. It is expected that the spot price of PP may rise in the peak season.

1、 Price trend

According to the monitoring data of business agency, the price of soda ash was strong in August. At the beginning of the month, the average market price was about 2137.5 yuan / ton, and at the end of the month, the average market price was 2312.5 yuan / ton, with a price increase of 8.19%, an increase of 41.58% over the same period last year. On August 31, the commodity index of light soda ash was 118.59, the same as yesterday, reaching a record high in the cycle, an increase of 87.79% from the lowest point of 63.15 on November 18, 2015（ Note: period refers to the period from September 1, 2011 to now)

2、 Market analysis

According to the monitoring data of business agency, the mainstream market price of light soda ash in East China is about 2200-2350 yuan / ton. The price of soda ash in North China is relatively strong, and the mainstream market price of light soda ash is about 2200-2400 yuan / ton. The price of soda ash in Central China is relatively strong, and the current mainstream market price of light soda ash is about 2200-2300 yuan / ton. Generally speaking, the short-term high price of soda ash is dominated.

Demand: according to the monitoring of business society, the price of glass in the spot market is basically stable. The average price of glass at the beginning of the month is 38.5 yuan / m2, and the average price at the end of the month is 38.62 yuan / m2. The price rises within the week, with a range of 0.31%. The glass spot market price is basically stable this month. In terms of regions, in Shahe, North China, the overall outbound situation is general, the production and sales have improved at the end of the month, the downstream just needs replenishment, mainly multi stable price shipments, and the prices of some manufacturers have increased. Traders’ market prices are more flexible. The overall inventory is temporarily low and the market confidence is good. The transaction atmosphere in East China’s glass spot market is weak, the delivery speed slows down, and the quotation is mainly stable. Glass shipments in Central China slowed down, downstream processing plants purchased cautiously, inventories increased, and production and sales improved at the end of the month. Glass shipments in South China were good, glass prices of some enterprises increased, mainly in the downstream, and the quotation showed an upward trend in the later stage. Glass production in Northeast China operates steadily, mainly in the downstream. The glass market trend in Southwest China is slightly upward, and the market price in Yunnan and Guizhou is rising. The glass market trend in Northwest China is general, and the market changes little. Generally speaking, the manufacturers mainly focus on price stability, the downstream just needs to purchase, and the traders’ transactions are more flexible.

According to the price monitoring of the business community, in the list of price rise and fall of chlor alkali industry in the 34th week of 2021 (8.23-8.27), there were 3 kinds of commodities rising, 0 kinds of commodities falling and 2 kinds of commodities rising and falling to 0. The main commodities rising are: light soda ash (2.21%), calcium carbide (0.92%), PVC (0.67%); The average rise and fall this week was 0.76%.

Business analysts believe that the domestic soda ash price is light, the market is running, the market trading atmosphere is relatively stable, and the manufacturers are mainly active in shipping. This month, due to the impact of epidemic situation and maintenance, the output of soda ash decreased. However, end users mostly insist on purchasing on demand, which is inconsistent with high priced soda ash. On the whole, soda ash tends to be strong in the later stage, focusing on the consolidation and operation of the market, depending on the downstream market demand.

In August, the dichloromethane market continued to rise slightly. According to the bulk data monitoring of business society, the price of dichloromethane was 3926 yuan / ton at the beginning of the month and 4192 yuan / ton at the end of the month. As a whole, the end of the month increased by 6.23% compared with the beginning of the month.

On the one hand, there is no pressure on the domestic dichloromethane supply side. The start-up of domestic methane chloride units changed in August. On the whole, the start-up of methane chloride units was relatively high in early August, and the unit load decreased in the second half of August.

On the other hand, the overall demand for dichloromethane is stable. In August, the film, medicine and other industries in the downstream of dichloromethane started normally, just needed support for the formation of dichloromethane, and the downstream of cleaning agents and diluents were also purchased on demand.

The cost side is slightly weak. The price of raw liquid chlorine is low and the cost side is empty. The price of methanol increased slightly, and the intensity of trichloromethane was not large. According to the business agency, as of the end of August, the mainstream ex factory price of liquid chlorine for tank cars in Shandong was around 800 yuan / ton; Methanol price decreased from 2585 yuan / ton at the beginning of the month to 2615 yuan / ton at the end of the month, with an overall increase of 1.16%.

Analysts of methane chloride data of business society believe that, on the one hand, the load of domestic methane chloride units has decreased, the enterprise inventory is small, and the downstream just need support is relatively stable. It is expected that the price of dichloromethane will continue to be strong in the later stage.

Aluminum fluoride market rose

According to the data of business agency, the price of aluminum fluoride was rising in August, and the market of aluminum fluoride rose sharply. As of August 30, the domestic price of aluminum fluoride was 8966.67 yuan / ton, up 5.49% from 8500.00 yuan / ton on August 1 at the beginning of the month. Aluminum ingot prices hit new highs, driving the rise of aluminum fluoride Market.

Aluminum ingot prices hit a new high

According to the monitoring of business society, the aluminum commodity index on August 29 was 115.43, the same as yesterday, hitting a record high in the cycle, an increase of 112.89% from the lowest point of 54.22 on November 24, 2015（ Note: the period refers to the period from September 1, 2011 to now). In August, the price of aluminum ingots continued to rise. On the 30th, the price of aluminum ingots reached a new high. In August, the price of aluminum ingots increased by 6%. The price of aluminum ingots reached new highs repeatedly. The aluminum ingot market continued to be high. The high price of aluminum ingots led to the rise of aluminum fluoride Market. The price of aluminum fluoride has increased.

The raw material market maintained an upward trend

According to the monitoring of business agency, the price of hydrofluoric acid increased slightly in August, and the hydrofluoric acid market maintained an upward trend. In August, hydrofluoric acid increased by 1.3%; The price of fluorite has recovered slightly, and there is a certain room for rise in the future market of fluorite; The price of sulfuric acid rose by 11% in August. The overall raw material market showed strong performance, and the momentum for future rise was sufficient, which was more favorable to aluminum fluoride, and the cost of aluminum fluoride increased steadily.

Market overview and forecast

Analysts of aluminum fluoride industry of business agency believe that in August, hydrofluoric acid in aluminum fluoride raw material market increased slightly, fluorite increased steadily, sulfuric acid increased sharply, and the cost of aluminum fluoride increased; The price of aluminum ingots in the downstream reaches has repeatedly reached new highs, and the aluminum fluoride industry chain has operated strongly. Generally speaking, the upstream and downstream market of aluminum fluoride industry chain operates strongly, which stimulates the rise of aluminum fluoride price. It is expected that the aluminum fluoride market will rise strongly in the future.

1、 Price trend

According to the monitoring data of business agency, the price of caustic soda was consolidated and operated. From the beginning of the week to the end of the week, the market price in Shandong was 650 yuan / ton, an increase of 36.84% over the same period last year. On August 26, the caustic soda commodity index was 93.53, the same as yesterday, down 54.79% from the highest point 206.87 in the cycle (November 14, 2017), and up 43.65% from the lowest point 65.11 on October 9, 2020（ Note: period refers to the period from September 1, 2011 to now)

2、 Market analysis

Caustic soda price consolidation operation this week. The price of caustic soda in Shandong has been adjusted and put into operation. Now the mainstream ex factory price of 32% caustic soda is 620-720 yuan / ton. Downstream demand is mainly on-demand procurement, and there is a strong wait-and-see mood. Now caustic soda manufacturers adjust their prices according to their own conditions, and it is comprehensively expected that caustic soda will mainly operate temporarily and stably in the follow-up. The price of caustic soda in Hebei fluctuates slightly. At present, the mainstream ex factory price of 32% caustic soda is 650-780 yuan / ton. It is expected that the subsequent consolidation and operation of caustic soda will be the main.

Upstream liquid chlorine this week, the domestic liquid chlorine market rose and fell, North China rose first and then fell, the demand weakened, the market transaction was light, and there is expected to be some room for decline in the later stage. Downstream: at present, alumina enterprises mainly purchase caustic soda on demand, and the quotation of caustic soda manufacturers is stable. In addition, the downstream has a mentality of resistance to high price caustic soda, and the two sides launch a price game.

According to the price monitoring of the business society, in the list of price rise and fall of chlor alkali industry in the 33rd week of 2021 (8.16-8.20), there are 4 kinds of commodities rising, 0 kinds of commodities falling and 1 kind of commodities rising or falling to 0. The main commodities rising are: calcium carbide (2.24%), light soda ash (1.71%), PVC (0.41%); The average rise and fall this week was 0.95%.

Business analysts believe that recently, the price of caustic soda in Shandong has maintained stable operation, while the downstream alumina is mainly purchased on demand. It is expected that the follow-up consolidation and operation of caustic soda will mainly depend on the downstream market demand.

1、 Price trend

According to the monitoring data of business agency, the price of caustic soda was consolidated and operated. The market price in Shandong was 647.5 yuan / ton at the beginning of the week and 650 yuan / ton at the end of the week. The price increased by 0.39% and 36.84% compared with the same period last year. On August 19, the caustic soda commodity index was 93.53, up 0.36 points from yesterday, down 54.79% from the highest point 206.87 in the cycle (November 14, 2017), and up 43.65% from the lowest point 65.11 on October 9, 2020（ Note: period refers to the period from September 1, 2011 to now)

2、 Market analysis

Caustic soda price consolidation operation this week. The price of caustic soda in Shandong has been adjusted and put into operation. Now the mainstream ex factory price of 32% caustic soda is 620-720 yuan / ton. Downstream demand is mainly on-demand procurement, and there is a strong wait-and-see mood. Now caustic soda manufacturers adjust their prices according to their own conditions, and it is comprehensively expected that caustic soda will mainly operate temporarily and stably in the follow-up. The price of caustic soda in Hebei fluctuates slightly. At present, the mainstream ex factory price of 32% caustic soda is 650-780 yuan / ton. It is expected that the subsequent consolidation and operation of caustic soda will be the main.

Downstream: at present, alumina enterprises mainly purchase caustic soda on demand, and the quotation of caustic soda manufacturers is stable. In addition, the downstream has a mentality of resistance to high price caustic soda, and the two sides launch a price game.

According to the price monitoring of the business society, in the list of price rise and fall of chlor alkali industry in the 32nd week (8.9-8.13) of 2021, there were 2 kinds of commodities rising, 0 kinds of commodities falling and 3 kinds of commodities rising and falling to 0. The main commodities rising were: light soda ash (2.34%), PVC (1.23%); The average rise and fall this week was 0.71%.

Business analysts believe that recently, the price of caustic soda in Shandong has maintained stable operation, while the downstream alumina is mainly purchased on demand. It is expected that the follow-up consolidation and operation of caustic soda will mainly depend on the downstream market demand.

According to the monitoring data of business agency, as of August 20, the average price of propylene oxide enterprises was 16825 yuan / ton, down 1.17% compared with Monday’s price, down 8.93% compared with July 20 (the reference price of propylene oxide was 18475 yuan / ton), and up 27.46% compared with the same period last year.

The propylene oxide Market showed a downward trend as a whole this week. At the beginning of the week, the inventory pressure of propylene oxide plant was controllable, the mentality of supporting the market was still in place, the downstream follow-up was general, the market waited and waited, and the price was temporarily stable. With the continuous downturn of new downstream polyether orders, the purchase price of propylene oxide was reduced, the supply-demand game weakened, the market decreased slightly, and the market wait-and-see mood was strong. At present, the mainstream quotation of propylene oxide Market in Shandong is around 16300-16500 yuan / ton.

Upstream propylene, according to the bulk list data of business society, as of August 19, the reference price of propylene was 7759.45, an increase of 0.74% compared with Monday’s price. At present, the market price is mainly stable and the market trading atmosphere is general.

Downstream propylene glycol, according to the monitoring data of business society, as of August 19, the reference price of propylene glycol was 17366.67, down 0.57% compared with the price on Monday; For the downstream soft foam polyether, on August 20, the market situation of soft foam polyether in Shandong was weak, the shipment of enterprises was under pressure, and the atmosphere of inquiry and transaction was light. At present, the mainstream quotation of ordinary soft foam polyether in Shandong market is around 16100-16600 yuan / ton.

The propylene oxide analyst of business society believes that, in a comprehensive view, the current price of raw propylene is mainly stable, the impact on the cost side is small, the pressure on the supply side is still controllable, the demand side is weak, and the wait-and-see mood in the middle and lower reaches is aggravated. It is expected that the propylene oxide market may be weak in the short term, and the specific trend is more. We still need to pay attention to the downstream follow-up.