1、 Price trend

According to the bulk list data of business society, the trend of mixed xylene was stable in the first half of this week, and the price fell near the weekend. On August 15, the price of mixed xylene was 5850 yuan / ton; On Sunday (August 22), the price was 5750 yuan / ton, down 100 yuan / ton or 1.71% from last week; Compared with the same period last year, it increased by 62.89%.

2、 Analysis and review

Crude oil fell continuously, with a decline of more than 5% in the week, and the external market also fell continuously. The cost support weakened significantly, coupled with the continued weakness of downstream demand, the bearish sentiment in the mixed xylene market was strong, and the price fell during the week.

In terms of external market, as of August 20, the price of mixed xylene imported from South Korea was US $766.5/t, down US $52 / T or 6.35% month on month on August 13; The reference price of domestic imported mixed xylene was US $781.5/t, down US $56.5/t or 6.74% month on month on August 13.

In terms of crude oil, the spread of delta mutant virus has led to a bearish market on the demand recovery process. In addition, official data show that the oil refining output and economic activity of major emerging market countries have slowed down, the market pessimism has increased, and the international oil price has continued to decline this week. On August 13, Brent fell $5.41 / barrel, or 7.66%; WTI fell $6.12/barrel, or 8.94%.

In the downstream PX market, the domestic PX trend was stable this week, with the price of 7300 yuan / ton, up 58.7% over the same period last year. Recently, the closing price of international crude oil continued to decline, and the external price of PX declined. As of August 20, the closing price of PX in Asia was stable this week, with the price at 7300 yuan / ton, up 58.7% over the same period last year. Recently, the closing price of international crude oil continued to decline, and the trend of PX external price declined. As of August 20, the closing prices in Asia were US $857-859 / T FOB Korea and US $865-867 / T CFR China.

In terms of PTA market, PTA in East China fell broadly this week. On Friday (August 20), the price was 5002.73 yuan / ton, down 6.16% from last week and up 39.26% from the same period last year. Some PTA units were restarted and the supply increased slightly. At the same time, the production reduction and shutdown plans of downstream polyester units increased recently, the demand for PTA weakened and the destocking speed slowed down.

In the ox market, the price of orthobenzene was stable this week, and the market of orthobenzene was temporarily stable. On Friday (August 13), the price of ox in East China was 6300 yuan / ton, up 43.18% year-on-year. The upstream and downstream of the o-benzene industrial chain operated smoothly, the rising power of o-benzene was insufficient, the falling pressure was weak, and the o-benzene market was stable.

3、 Future forecast

With the spread of delta virus, the market is more worried about limited demand, and the international oil price may still fall. Continue to pay attention to OPEC + production increase, U.S. crude oil and refined oil inventory data, global stock market and economic data, the latest epidemic situation and geographical situation.

The weak demand side is difficult to change, and the short-term trend of mixed xylene continues to be affected by crude oil. Overall, mixed xylene may still decline, but the decline is limited. Pay attention to the trend of crude oil and external market, maintenance and inventory dynamics of mixed xylene unit and the impact of downstream demand on its price.

1、 Price data

As of August 22, the mainstream ex factory average price of domestic ground refined hydrogenated naphtha was 6794.60 yuan / ton, down 1.58% from 6904.00 yuan / ton on August 16. The actual transaction price of ground refined hydrogenated naphtha was about 6700-6900 yuan / ton.

As of August 22, the mainstream ex factory average price of domestic ground refined straight run naphtha was 6660.00 yuan / ton, down 0.78% from 6712.50 yuan / ton on August 16. The actual transaction price of ground refined straight run naphtha was about 6500-6700 yuan / ton.

On August 22, the naphtha commodity index was 83.86, unchanged from yesterday, down 18.28% from the highest point of 102.62 in the cycle (September 24, 2012), and up 98.53% from the lowest point of 42.24 on July 19, 2016（ Note: period refers to 2012-09-01 to now)

2、 Analysis of influencing factors

This week, the price of refined naphtha continued to fall, the refined naphtha market was weak, and the downstream was mainly purchased on demand.

Upstream: international crude oil fell sharply, mainly due to the Fed’s expectation of tightening monetary policy, which led to the continuous appreciation of the US dollar and lowered the valuation of oil prices. What is more important is the joint effect of the dual pressure of increasing production in oil producing countries and cooling demand under the influence of the epidemic.

Downstream: according to the monitoring of business society, toluene fell continuously this week. The price of toluene was 5772.2 yuan / ton on August 15 and 5682 yuan / ton on August 22, down 15.6% from last week. The price of mixed xylene fell this week. On August 15, the price of mixed xylene was 5850 yuan / ton, and on August 22, the price was 5750 yuan / ton, down 100 yuan / ton from last week, down 1.71%. In the PX market, the domestic PX price remained stable this week, at 7300 yuan / ton.

Industry: according to the price monitoring of business society, there are 5 kinds of commodities rising month on month in the energy sector in the list of commodity prices rising and falling in the 33rd week of 2021 (8.16-8.20), including 1 kind of commodity rising by more than 5%, accounting for 6.3% of the monitored commodities in this sector; The top three commodities were coking coal (5.41%), coke (4.23%) and liquefied natural gas (3.68%). A total of 10 commodities decreased month on month, and 2 commodities decreased by more than 5%, accounting for 12.5% of the monitored commodities in this sector; The products with the top three declines were WTI crude oil (- 7.22%), Brent crude oil (- 5.86%) and liquefied gas (- 3.18%). The average rise and fall this week was – 0.56%.

3、 Future forecast

Energy analysts of business society believe that the recent sharp decline in international crude oil, the weak operation of local refined naphtha market, less market trading, downstream on-demand procurement, strong market wait-and-see mood, and it is expected that the weak consolidation of local refined naphtha in the near future.

1、 Price trend

According to the bulk list data of business society, the domestic propylene (Shandong) market price rose slightly this week. At the beginning of the week, the market price was 7703 yuan / ton, and the weekend average price was 7748 yuan / ton, an increase of 0.6%.

2、 Analysis and review

According to the price chart of business society, propylene prices rose slightly this week. The mainstream price in Shandong market was 7700-7750 yuan / ton, which changed little compared with last week. Due to the continuous decline of crude oil price, there are many obstacles to the rise of propylene price, the overall market trading is stable, and the downstream demand is stable, which plays a great supporting role in propylene.

As of the closing on August 19: in September, WTI fell 1.77 to US $63.69/barrel, down 2.7%; Brent fell 1.78 to $66.45 a barrel in October, down 2.61%. Sc2110 fell 7.3 yuan / barrel to 417.3 yuan / barrel. Oil prices fell for six consecutive trading days, hitting a low since May, down 7.22% during the week.

Polypropylene prices rose or fell little this week, the demand of terminal enterprises continued to be insufficient, and the operation of hoarding goods in advance in peak season has not been started. The operating rate was low, and the supply side was slightly positive, with an increase of 0.2% during the week.

Acrylic acid operated at a high level this week, and the price rose to a high level. The resistance of the downstream to high priced raw materials increased gradually. The enthusiasm for inquiry was general. It was just needed to purchase, and the wait-and-see atmosphere was strong, with an increase of 0.21% during the week.

Isopropanol stopped falling and rose this week. The price of acetone, the raw material of acetone process, rose by nearly 10%, and the price of isopropanol rose accordingly, with an increase of 10.78% during the week.

This week, the price of isooctanol fell, the enthusiasm for downstream procurement weakened, isooctanol units started one after another, and the supply increased, with a decrease of 2.38% during the week.

3、 Future forecast

Propylene analysts at the chemical branch of business society believe that the oil price has dropped sharply, the cost support is weak, and the demand remains stable. It is expected that the propylene price will enter a downward channel in the short-term future.

This week (8.9-13), the domestic liquid ammonia market remained stable and the market price changed little. After the callback market at the beginning of the month, liquid ammonia stopped falling and stabilized. According to the monitoring of business society, the weekly increase of liquid ammonia in Shandong was 0. This week, some domestic liquid ammonia manufacturers rose and fell, and most of them were stable. With the resumption of some maintenance devices, the market supply increased. Due to the impact of the epidemic in China, the road transportation was limited to a certain extent, the manufacturer’s shipment speed slowed down, the liquid ammonia changed from the original shortage of supply to excess supply, and the price rose from stall to decline. At present, it is mainly to stop the decline and stabilize.

This week, the market situation of liquid ammonia in Shandong was mainly stable. Hualu unit in this area was still in the maintenance period and had no export, which alleviated the regional supply pressure to a certain extent. However, affected by the epidemic, the traffic was affected to a certain extent, the shipment speed of most manufacturers slowed down and the inventory increased significantly compared with the previous period. At present, the mainstream price in the region is 4650-4750 yuan / ton.

The liquid ammonia Market in Hebei is stable and weak at present. Hebei is also subject to certain traffic restrictions. The manufacturers’ shipment speed slows down and gradually accumulates the warehouse. Although there are large factories in Hebei that are still in the maintenance period, the amount of ammonia in this area remains relatively high. At the weekend, the mainstream price in this area is 4600-4700 yuan / ton. Downstream generally rational procurement, demand is difficult to be large-scale.

In the future, at present, domestic liquid ammonia manufacturers slow down the pace of reduction, and the market supply pressure has a slight easing trend. Although the short-term risk in transportation has not been relieved, in the later stage, with the gradual control of the epidemic situation and the peak season of fertilizer use in autumn, the market procurement will gradually increase, and the increase in demand may drive the price of liquid ammonia back to the rising channel.

1、 Price trend

According to the bulk list data of business society, the domestic glycine price was adjusted at a high level this week, and the average price of industrial glycine was stable at 25000 yuan / ton without rise or fall.

2、 Analysis and review

According to the price chart of the business club, the domestic glycine market remains stable at a high level. The industrial glycine of enterprises is quoted at 25000 yuan / ton. The devices of start-up enterprises are fully opened, the delivery situation is acceptable, and the inventory is limited. The 10000 ton glycine plant of Shandong Zhenxing maintains the maintenance status, and there is no start-up plan for the time being. Downstream rigid demand is dominant, the price is on the high side, and the transaction of new orders is limited

Demand: the downstream glyphosate price remained stable, the price of glyphosate technical drug remained stable at 51000 yuan / ton, glyphosate enterprises were basically full of export orders in September, and the industry profit was considerable. With the arrival of the peak demand season for glyphosate in the fourth quarter, the price of glyphosate is expected to continue to rise.

3、 Future forecast

Glycine analysts of business society believe that the current glycine supply is sufficient, and the glycine price is strong under the support of demand. It is expected that the glycine market will continue to operate at a high level and maintain stability in the near future.

1、 Price trend

According to the bulk list data of business society, toluene fell continuously this week. On August 8, the price of toluene was 5820 yuan / ton; On Sunday (August 15), the price was 5772.2 yuan / ton, down 0.68% from last week; Compared with the same period last year, it increased by 70.78%.

2、 Analysis and review

Toluene port inventory increased this week. Demand in South and central China was weak, business transactions were poor, and toluene prices fell. Affected by the spread of delta virus, the shipment of enterprises in East China was blocked and the price was deadlocked. Crude oil fluctuated widely during the week, and the mentality of operators was empty under the influence of cost uncertainty.

In terms of external market, as of August 13, the price of toluene imported from South Korea was US $764 / T, up US $1 / T or 0.13% month on month (MOM) on August 6.

In terms of crude oil, the spread of delta virus has dragged down the market mentality, and the market is worried that the growth of demand will be restrained. However, the decline in U.S. crude oil and gasoline inventories led to a rebound in oil prices. It is reported that the number of active oil rigs in the United States this week increased by 10 compared with last week and 225 compared with the same period last year. On August 6, Brent fell by US $0.11/barrel, or 0.16%; WTI rose US $0.16/barrel, or 0.23%.

Downstream: in terms of TDI, the price of TDI in East China continued to decline this week. The price of domestic goods was 14350 yuan / ton, down 2.71% from last week and up 16.35% from the same period last year. The domestic TDI market is weak, the atmosphere in the venue is cold, the offer of cargo holders continues to be lowered, the enthusiasm of downstream market entry is not high, and there are a few orders in the market. Affected by public health events, the transaction in the terminal market is limited, and the market is weak.

In the PX market, the domestic PX price this week was flat compared with last week, at 7300 yuan / ton, up 58.7% compared with the same period last year. As of August 12, the closing prices in Asia were USD 916-918 / T FOB Korea and USD 934-936 / T CFR China.

3、 Future forecast

The trend of crude oil is full of uncertainty. Continue to pay attention to OPEC + production increase, U.S. crude oil and refined oil inventory data, global stock market and economic data, the latest epidemic situation and geographical situation.

The cost side is uncertain, and the support for p-toluene is limited; Weak downstream demand and bearish outlook of operators. It is expected that the weak operation will continue next week. At present, we mainly focus on the change of downstream demand and the impact of crude oil and external market trend on toluene price.

1、 Price trend

As can be seen from the above figure, the comprehensive price of potassium chloride is temporarily stable this week. The average price of mainstream comprehensive quotation of potassium chloride this week is 3210.00 yuan / ton. Overall, the potassium chloride market was temporarily stable this week, and the potassium chloride commodity index was 101.90 on August 13.

2、 Market analysis

The quotation of mainstream potassium chloride manufacturers this week is temporarily stable: the factory quotation of Qinghai Salt Lake potassium chloride at the weekend is 3270 yuan / ton, which is temporarily stable compared with that at the beginning of the week; Anhui Badou potassium chloride has not been quoted this week. There is a tight supply of marketable potash fertilizer in China. Although the production enterprises are fully engaged in production, the operating rate is slightly low and the self-sufficiency rate is insufficient. At the same time, the delivery of international potash fertilizer suppliers is delayed and the arrival at the port is limited.

3、 Future forecast

The overall trend of potassium chloride Market in the middle and late August may fluctuate slightly. The international demand for potash fertilizer is strong, but the domestic available supply is in short supply. Potassium chloride analysts of business society believe that the short-term potassium chloride market is dominated by high-level consolidation under the influence of supply and demand and raw materials.

According to the data monitored by the business community, as of August 13, the average price of domestic power type high-class lithium iron phosphate was 52000.00 yuan / ton. This week, the lithium iron phosphate market mainly operated smoothly, the supply and demand were balanced, the downstream just needed procurement was mainly, and the transaction atmosphere was cautious.

This week, the lithium iron phosphate market mainly operated stably, with balanced supply and demand and stable price trend. At present, the mainstream quotation range of lithium iron phosphate power type is 51000-55000 yuan / ton, and the quotation range of energy storage lithium iron phosphate is 46000-49500 yuan / ton. The lithium iron phosphate Market has increased steadily and operated stably, moderately and strongly in the short term.

Since August, the upstream lithium carbonate has continued to rise, and the momentum has not decreased. At present, the price range of battery grade lithium carbonate is 93000-96000 yuan / ton, and the price range of industrial grade lithium carbonate is 93000-93000 yuan / ton. The cost of lithium iron phosphate has a certain support. It is expected to maintain strong consolidation in the short term, and lithium iron phosphate continues to operate steadily.

Analysts of lithium iron phosphate in business society believe that it is expected that lithium iron phosphate will operate stably, moderately and strongly next week（ If you want to get more information about goods and master the price of goods, you can subscribe to the business community through the official account of the business community.

After more than a month of rapid rise, BDO downstream has obvious resistance to high prices, and the positive transmission is not smooth. Traders have entered the wait-and-see stage, so the BDO market has entered a high consolidation period. According to the sample data monitored by the business society, from August 5 to August 12, the average price of domestic BDO producers increased narrowly from 28500 yuan / ton to 29000 yuan / ton, with an increase of 1.79% during the cycle. The rise slowed down significantly, and the price increased by 52.43% month on month and 253.66% year-on-year. In terms of market price, the mainstream negotiation of spot apron in East China is 29800-30800 yuan / ton, and the mainstream negotiation of spot apron in South China is 30000-31000 yuan / ton.

In terms of supply, some maintenance devices will be restarted in the near future, and the shipment mentality of individual traders will increase after making profits. However, with the slight increase of market supply, the bearish mentality of the middle and lower reaches of the market will turn rational, and the strength of chasing up and covering positions is not strong. Most downstream terminals have weak ability to accept high prices, and some downstream industries have negative expectations.

In terms of devices, lanshantun river was overhauled for one month on July 25; Xinjiang Meike phase II was overhauled from July 8 to August 12, and phase III plans to replace the catalyst in the near future; Xinjiang Xinye stopped for maintenance for 20 days on July 25; Dongyuan replaced the catalyst on August 4, which is expected to take 7-10 days; Chongqing Jianfeng plans to replace the catalyst on August 9.

In the future, with the passage of time, the downstream chasing up mentality returned to calm, and the downstream production enterprises also chose to reduce negative production due to the continued strong cost. In addition, with the completion of maintenance of production enterprises and the easing of the tension between supply and demand, BDO analysts of business society expect that the domestic BDO market will enter the consolidation stage.

The domestic butadiene market continues the weak downward trend. Although the FOB price in South Korea is higher, the domestic supply and demand continues to be weak. According to the sample data monitored by business society, as of August 9, the domestic butadiene market price was 10957 yuan / ton, with a month on month increase of 16.86% and a year-on-year increase of 146.18%. In terms of price, the price range in central Shandong is about 11550-11700 yuan / ton; The self lifting price of East China’s tank delivery decreased slightly to about 11300 yuan / ton.

With the launch of new production capacity and the planned restart of some units, the supply side of the domestic butadiene market has been widened to a certain extent. In addition, the start-up of the synthetic rubber industry has decreased and the cost side is under pressure, which affects the fundamentals of butadiene supply and demand and is difficult to find a significant positive boost. However, the recent strong upward performance of the external market may support the downward space of the butadiene market.

In terms of enterprises, Fushun Petrochemical’s 160000 T / a butadiene extraction unit operates normally, 300 tons of goods are sold through competitive bidding, and the base price of the bidding is 11500 yuan / ton. The 140000 T / a butadiene unit of Dalian Hengli Petrochemical operates stably, the source of goods is normal for export, and the price is reduced by 100 yuan / ton to 11110 yuan / ton. The 30000 T / a butadiene unit of Liaoyang Petrochemical operates stably, with a small amount of goods for export, and the latest transaction price is 11060 yuan / ton.

In terms of external market: as of August 6, the price of butadiene in Asia rose: FOB Korea closed at US $1625-1635 / T, up US $40 / T; CFR China closed at US $1555-1565 / T, up US $60 / T. The external price of butadiene in Europe rose: FOB Rotterdam closed at US $2045-2055 / ton, stable; FD northwest Europe closed at 1595-1605 euros / ton, up 20 euros / ton.

region ., Country, closing price, up and down

Asia FOB Korea USD 1625-1635 / ton USD 40 / ton

Asia CFR China USD 1555-1565 / T USD 60 / ton

Europe FOB Rotterdam USD 2045-2055 / T USD 0 / ton

Europe FD northwest Europe 1595-1605 euros / ton 20 euros / ton

International crude oil prices fell significantly, affecting the atmosphere of the whole chemical industry. However, with the impact of the slow improvement of the external market, the decline of the domestic butadiene market is expected to slow down. Business analysts expect the market to be mainly sorted out.

From August 2 to August 6, 2021, the market price of crude benzene in Japan was mainly downward, at 6251 yuan / ton at the beginning of the week and 6001 yuan / ton at the weekend, with a weekly drop of 4%.

Summary of price adjustment of Sinopec pure benzene in 2021 (unit: yuan / ton)

Date., adjusted price., adjusted amount

July 2, 8750., + 300

July 12, 8600. – 150

July 19, 8450. – 150

July 21, 8150. – 300

August 2, 7900. – 250

August 4, 7700. – 200

On August 4, 2021, the listing price of Sinopec’s pure benzene was reduced by 200 yuan / ton. At present, it is 7700 yuan / ton, of which Qilu Petrochemical is 7650 yuan / ton.

Crude oil and pure benzene continued to decline this week, and the fundamentals were negative under the influence of negative factors such as the increase of U.S. crude oil inventory. In the downstream, the recent continuous losses have led to an increase in enterprise maintenance, mainly rigid demand procurement, a decline in the demand for pure benzene, and the hydrobenzene market has been dragged down, with a weekly decline of 400-500 yuan / ton. In terms of supply, there are still coking enterprises in some areas whose output has decreased to a certain extent due to the impact of environmental protection policies, but nationwide, the production is normal and the supply is stable. After two rounds of coke increase, the cost pressure is reduced and the operation is generally active. Most of the crude benzene bidding prices this week were mainly reduced due to the drag of the industrial chain, of which 6000 ~ 6005 yuan / ton was implemented in Shandong, which was 250 yuan / ton lower than the bidding price last week.

In the future, the business community believes that the increase of crude oil production and inventory continues to depress the crude oil price. It is expected that the trend of crude oil price fluctuation will be the main trend in the short term, which is difficult to form obvious support for the industrial chain. The downstream styrene and other industries are weak and volatile, and it is difficult to find good fundamentals. It is expected that the trend of weak fluctuation in the pure benzene industrial chain will be the main trend in the short term.

1、 Price trend

According to the bulk list data of business society, the domestic glycine price remained stable at a high level this week, and the average price of industrial grade glycine remained stable at 25000 yuan / ton without rise or fall.

2、 Analysis and review

According to the price chart of the business club, the domestic glycine market is operating at a high level. The mainstream quotation of industrial glycine is 25000 yuan / ton. The downstream demand can be followed up. The current price is high and the wait-and-see atmosphere is strong. The factory started stably, mainly completed the orders of old customers, and the transaction of new orders is limited.

Demand: the downstream glyphosate price is high. It is understood that the domestic glyphosate technical price has exceeded the 50000 yuan / ton mark. Most glyphosate production enterprises now do not make external quotations and mainly supply orders from old customers. Some enterprise orders have been arranged to October, and the prosperity of the industry has not decreased.

3、 Future forecast

Glycine analysts of business society believe that the current glycine supply is sufficient, and the glycine price is strong under the support of demand. It is expected that the glycine market will continue to operate at a high level and maintain stability in the near future.

From July 26 to July 30, 2021, the market price of antimony ingots in East China was temporarily stable, with the price at 60000 yuan / ton at the beginning of the week and 65500 yuan / ton at the end of the week, an increase of 9.17%.

On August 1, the antimony commodity index was 91.18, the same as yesterday, down 10.89% from the highest point of 102.32 in the cycle (October 16, 2012), and up 94.08% from the lowest point of 46.98 on December 24, 2015（ Note: the period refers to the period from September 8, 2012 to now).

This week, the market price of antimony ingots continued to operate steadily upward, and the price increase mentality of manufacturers was strong. Most manufacturers were reluctant to sell. There was news in the market that the import of antimony ore would be limited in the next half of the year, and the duration might reach the end of the 21st year. Driven by the tight expectation of raw materials, the enterprise’s intention to raise prices was high.

According to the price monitoring of the business community, in the list of commodity prices rising and falling in the 30th week of 2021 (7.26-7.30), there are 17 kinds of commodities rising month on month in the non-ferrous sector, including 6 kinds of commodities rising by more than 5%, accounting for 27.3% of the monitored commodities in the sector; The top three commodities were metal praseodymium (10.88%), antimony (9.17%) and praseodymium oxide (8.47%). There were three kinds of commodities with month on month decline, and the top three products were lead (- 1.98%), cobalt (- 1.14%) and zinc (- 0.53%). The average rise and fall this week was 2.99%, and most of the nonferrous market prices rose this week.

As of July 30, the domestic market 2# antimony ingot was 66500 yuan / ton, 1# antimony ingot was 68500 yuan / ton, and 0# antimony ingot was 69500 yuan / ton.

The business agency believes that the continuous rise in the price of antimony ingots in July is mainly due to the shortage of raw materials, which is similar to the sharp rise at the beginning of the year. At present, the market inquiry is more enthusiastic than that in the early stage, which enhances the manufacturers’ confidence in supporting the price. It is expected that the price of antimony ingot will still have upward space in the short term.

Price trend

According to the bulk list data of business society, the domestic PA66 market fluctuated and weakened in July, and the spot prices of various brands decreased by a narrow margin. As of July 31, the average offer price of PA66 adhesive injection molding sample enterprises of business society was about 38150 yuan / ton, a decrease of 1.04% compared with the average price at the beginning of the month and an increase of 102.93% over the same period last year.

Cause analysis

In terms of upstream adipic acid, the price of adipic acid rose sharply in early July due to the sharp rise in the price of raw material pure benzene. Superimposed on the impact of manufacturers’ centralized increase in the listing price at the beginning of the month, the increase in the second week alone reached 11%, the spot price broke through the 11000 yuan mark, and the monthly high appeared at 11160 yuan / ton on the 15th. By the middle of the year, the international crude oil went down to cool the heat of pure benzene and other products. Adipic acid fell upstream and the price center of gravity corrected. In terms of supply, the change of adipic acid start-up level in July is limited, the manufacturer’s inventory pressure is general, and some enterprises have not returned to work after maintenance, diverting the supply pressure. At the end of the month, the market offer price is still in the high range, but at present, it has gradually entered the off-season, and the shipment fluency has gradually decreased. In addition, the recent device restart is concentrated, and there may be an increase in supply in the future. It is expected that the recent market may be weak.

The raw material adipic acid rose sharply and fell in a narrow range, and the cost side support of PA66 strengthened significantly. However, in July, PA66 market was indifferent to the upstream support feedback, and the market basically maintained the medium and long-term pattern of weak supply and demand, with obvious market characteristics in the off-season. In terms of operating rate, the overall load level of domestic PA66 enterprises was not high this month, some units resumed work, and the supply picked up. In terms of demand, the terminal enterprises follow up slowly, the on-site trading orders are small, the market momentum is insufficient, and the buyers have a heavy wait-and-see mentality. Merchants tentatively hold firm in their offer, and there is profit making shipment in the actual order. Recently, the market momentum has not improved, and the light state continues.

Future forecast

Business analysts believe that the domestic PA66 market fluctuated and fell in July. At present, the cost side support of PA66 is strong, but the profits of PA66 itself and downstream users are poor, the demand follow-up is weak, and the cost side support has not been successfully transformed into a positive effect on the spot price. In the current off-season market with weak supply and demand, it aggravates the cost pressure of PA66. PA66 market is expected to be weak in the short term.

The price of ethylene oxide is adjusted this month, and the ex factory price is adjusted from 6900 yuan / ton at the beginning of the month to 7200 yuan / ton at the end of the month.

The external price of upstream ethylene remained stable, the external price of ethylene in Northeast Asia was US $1005 / T, and the external price of ethylene in Southeast Asia was US $1005 / T. the domestic Luxi Chemical Industry decreased slightly by 100 yuan / T to 6900 yuan / T, and the price of Jinshan United trade remained stable to 7200 yuan / T.

According to the latest price calculation of the current external market, ethylene oxide is still in a loss state, which also paves the way for the rise of market price. In addition, the international oil market continues to fluctuate at a high level, some ethylene oxide units are shut down, the regional supply is reduced, the supply of goods continues to be tight, and other factors affect the price gradually upward.

In the downstream, the rising trend of raw material prices is obvious, the manufacturers have a strong willingness to support the market, and the monomer market has also ushered in a slow restorative increase, while the prices of other downstream NP-10 and AEO-9 rose slightly by 100 yuan / ton today. However, the domestic epidemic has rebounded recently. Affected by supervision, the logistics of some provinces and cities will be limited, or it will have a certain impact on the transportation of enterprise raw materials and products in some regions.

Insiders pointed out that ethylene oxide will be increased by 300 yuan / ton tomorrow. According to the current external price, even if the price is increased, the profit margin is still narrow, so we need to pay close attention to the changes in raw material prices.

Trade name: yellow phosphorus

Latest price July 28: 27666.67 yuan / ton

Key points of analysis: the domestic yellow phosphorus Market stopped falling and consolidated on July 28. Yesterday, power was cut again in Yunnan, and the construction in the province fell. At present, the supply of yellow phosphorus is tight, the on-site inquiry is increasing, and there is basically no transaction in new orders. The manufacturer mainly sends early orders, mostly does not make external quotations, and the market is mainly on the sidelines.

Business agency yellow phosphorus analysts believe that Yunnan’s power rationing again triggered a decline in output, yellow phosphorus stopped falling and consolidated, and the yellow phosphorus market will mainly wait and see in the short term.

Trade name: isopropanol

Latest price July 27: 6366.67 yuan / ton

Key points of analysis: on July 27, the trading atmosphere of domestic isopropanol market was light. The wait-and-see mood in the downstream is obvious, the goods are taken very carefully, and the weak atmosphere is obvious. Affected by the typhoon, dangerous chemicals in Zhejiang are out of service, and many operators wait and see. Up to now, the quotation range of Shandong isopropanol is about 6200-6400 yuan / ton, and that of Jiangsu isopropanol is about 6350-6400 yuan / ton. The quotation range of isopropanol in Zhejiang is around 6300-6350 yuan / ton.

Forecast: isopropanol low level consolidation in the short term.

According to the data monitoring of business agency, the dichloromethane market fell slightly this week (7.19-7.23). As of July 23, the average price of dichloromethane in Shandong was about 3926 yuan / ton, down 0.34% from 3940 yuan / ton at the beginning of the week.

This week, the operating rate of some downstream areas such as film, diluent and foaming agent decreased, and the support for dichloromethane weakened.

The price of raw liquid chlorine fell sharply, the price of methanol rose slightly, and the cost support was weak. According to the business agency, as of July 23, the price of methanol was 2585 yuan / ton, a slight increase of 1.27% compared with 2552 yuan / ton at the beginning of the week; The mainstream ex factory price of liquid chlorine of tank car in Shandong Province is about 900 yuan / ton.

Future forecast: Analysts of methane chloride data of business society believe that although on the one hand, the cost support weakens, on the other hand, the overall supply and demand pressure increases, on the whole, there is a high probability that the dichloromethane market will weaken in the later stage.

1、 Price trend

According to commodity data monitoring, the price of Yunnan Guizhou yellow phosphorus rose. The average price of yellow phosphorus was 23333.33 yuan / ton last Friday and 2866.67 yuan / ton this Friday. The price rose by 22.86% during the week.

2、 Market analysis

In July, affected by power rationing in Yunnan, the price of yellow phosphorus increased. The price of yellow phosphorus continued to rise this week. The manufacturers mainly issued early orders, and some manufacturers temporarily stopped making external quotations. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is about 27000-28000 yuan / ton; The mainstream quotation in Sichuan is about 28000-30000 yuan / ton; The mainstream quotation in Guizhou is about 28000 yuan / ton. Due to the rapid rise of prices, the wait-and-see mood in the field is obvious, and the acceptance of high price yellow phosphorus in the downstream is limited. At present, the market is relatively deadlocked.

In terms of raw materials, at present, the overall phosphorus ore market is in high-level consolidation and operation. As of July 22, the vehicle price of 28% low-grade phosphorus ore in Guangxi is around 400-470 yuan / ton. The market atmosphere is good, and most orders are mainly in the early stage of delivery.

In terms of coke, the coke market as a whole is weak. The coke market price of Shandong and Hong Kong decreased slightly today. At present, the mainstream spot exchange delivery price of quasi primary metallurgical coke in the port area is about 2670 yuan / ton, and the price of primary coke is 2770 yuan / ton, down 30 yuan / ton compared with the price the day before yesterday. The inventory of the two ports remained low, the mentality of port traders improved slightly, and some small transactions were made, However, the intention of traders to gather in Hong Kong is still low. As of July 23, the market price of Panzhihua coke (secondary metallurgical coke) was 2830 yuan / ton.

This week, the phosphoric acid and phosphate markets were mainly cautious and wait-and-see. The commencement of the phosphoric acid market declined, and the market price of phosphoric acid also increased significantly compared with last week. The actual transaction was mainly through negotiation, and enterprises supplied a small amount of orders from old customers. The acceptability of glyphosate to high priced yellow phosphorus is acceptable. On the whole, the downstream is more resistant to high price yellow phosphorus, mainly on the sidelines.

3、 Future forecast

The yellow phosphorus analyst of the chemical branch of business society believes that the price of yellow phosphorus has risen sharply at present. Power rationing in Yunnan and reduction of yellow phosphorus production. The downstream is more resistant to the high price of yellow phosphorus, mainly on the sidelines, and the market is deadlocked. It is expected that in the short term, the yellow phosphorus price will mainly run at a high level.

Starting on July 19, the DME market was dominated by favorable factors. In the month, the price of Henan Province has been running for 3500 yuan / ton. According to the data of business society, the average price of DME in Henan market was 3370.00 yuan / ton on July 18, 3442.50 yuan / ton on July 21, and the increase was 2.15% in three days, with a significant increase. As of July 21, the market prices of DME in various regions are as follows:

region Specifications date offer

Shandong Province Mass fraction of dimethyl ether: ≥ 99.0% July 21st 3480-3670 yuan / ton

Hebei Province Mass fraction of dimethyl ether: ≥ 99.0% July 21st 3590 yuan / ton

Henan region Mass fraction of dimethyl ether: ≥ 99.0% July 21st RMB 3430-3480 / ton

After entering this week, the price of DME was increased continuously, and the main production area of Henan Province increased significantly. Taking xinlianxin as an example, on July 18, Henan xinlianxin DME quoted 3340 yuan / ton, and 3460 yuan / ton on July 22. During the period, it was increased by 120 yuan / T, and the score was 3500 yuan / ton.

Shandong and Hebei are benefited by the rise of main production areas, followed by the main actors. At present, the market of DME is dominated by the decrease of market supply in Henan Province, and the maintenance of some manufacturers’ devices will bring some benefits to the market. Secondly, in terms of raw materials, the cost methanol has been stable and upward in the near future. Although the fluctuation range is limited, the strong price also brings some support to the market. In addition, the recent upstream behavior of the civil market of liquefied gas is the main, and the enthusiasm of entering the market under the mentality of downstream buying and rising is still acceptable. The overall delivery of the manufacturers is smooth, the mentality is strong and the price is continuously rising.

In terms of the cost methanol market, with the approaching of long-term settlement date in Northwest China this month, freight still continues to rise, the upstream is strong and some regions still have expectations of continuing to increase the quotation. It is expected that the mainland market will remain high. The methanol market in Northwest China continued to push up in some parts, and the factory quotation of some major production enterprises was significantly increased, which guided the manufacturers in other regions to quote, and some factories in the mainland would continue to increase the quotation. The increase in freight also promoted the methanol market to a certain extent.

At present, Henan is affected by rainstorm and limited transportation. The overall shipment of manufacturers has been significantly weaker than that in the early stage, but the low supply in the province has brought some support to the market. Hebei and Shandong are not affected for a while. The market production and marketing are balanced, the mentality of the manufacturers is strong, and the current price rise of the cost of methanol and civil gas has brought some benefits to the market, It is not expected that the DME market will fall in a short period of time.

Crude oil continued to fall, bad market mentality, coupled with gasoline also entered the decline, demand is more depressed, Shandong merchants poor sales, prices continue to decline adjustment. According to business news agency data, as of July 19, the price of MTBE was 5716 yuan / ton, down 10.72% month on month and up 51.10% year on year.

Last week, the MTBE market continued to decline, with light turnover. Crude oil continued to decline, bad market mentality, coupled with the recent weak demand, MTBE local business sales pressure still exists.

In terms of external market, as of July 16, the closing price of Asian MTBE market was down by US $8 / T compared with the previous trading day, while FOB Singapore closed at US $730-732 / T. The closing price of European MTBE market decreased by US $5.25/t compared with the previous trading day, and FOB ara closed at US $827.5-828/t. The closing price of MTBE market in the United States increased by US $1.17/t compared with the previous trading day, and FOB Gulf offshore price closed at US $798.75-799.1/t (225.00-225.10 cents / gal).

region ., Country. Closing price. Up and down

Asia FOB Singapore 730-732 USD / T – 8 US dollars / ton

U.S.A FOB Bay 798.75-799.1 USD / T US $1.17/t

Europe FOB ARA 827.5-828 USD / T – US $5.25/t

The recent downturn of crude oil and gasoline has led to weak demand for raw materials in the downstream. In addition, the price of other raw materials is still about 200-400 yuan / ton lower than that of MTBE, so the sales pressure of MTBE merchants is still there. Business community MTBE analysts believe that in the short term, the domestic MTBE market will remain sluggish.

In the new week, there is a strong wait-and-see atmosphere in the morning market. However, the holders intend to offer higher prices. As the market becomes clear near noon, it is difficult to find low-cost goods. The bisphenol a market continues to rise sharply in the new week. The current market reference offer has reached 25800-26000 yuan / ton. After the news of factory parking last week, the holders’ attitude of pushing up is becoming stronger, Moreover, after the price rise in the early stage, most traders have actively sold off their sources of goods. At present, the market circulation is limited, and it is difficult to find low-cost sources of goods. However, the enthusiasm of downstream market entry is general, and there is a lack of downstream real orders to support the market upward. In terms of units, mainstream plants such as Sinopec Mitsubishi, Changchun chemical and Mitsui (three-day parking) are under full operation in the short term, while 80% of the plants such as Lihua yiweiyuan and Nantong Xingchen are under operation. Generally speaking, the expected operation rate will decline in the future.

From the perspective of raw material side, the phenol market fluctuates in a narrow range, and the market negotiation is deadlocked. The negotiation is between 9400-9500 yuan / ton. The overall change is not big in the near future. The port inventory is relatively stable, the pressure on the supply side is not big, and the downstream delivery mood is not good. It is difficult for the cargo holders to expect to push up the market, the overall atmosphere is not warm, and it is difficult to make large volume on the trading side. On the other hand, the acetone raw material market as a whole rose slightly. The mainstream negotiation range was 5000-5100 yuan / ton. The market atmosphere was general. Most of the goods holders made offers with them. At present, there was an increase in Hong Kong Inventory. The replenishment mood of terminal factories was general. The actual orders were mainly small ones.

Under the pressure of cost, the market of downstream liquid epoxy resin is rising obviously. According to the current bisphenol A (unit consumption 0.68) plus various expenses, the cost of liquid resin is 29000 yuan / ton. At present, the pressure of cost is greater. It is reported that the mainstream negotiation price of East China liquid epoxy resin is 31500-32000 yuan / ton in barrels, and the market of solid epoxy resin is 29000 yuan / ton, The epoxy resin market is also showing a situation of low price and reluctant to sell. At present, the epoxy resin is still digesting the pressure brought by the sharp rise in cost, and most factories arrange procurement.

In the view of the business community, it is obvious that the goods holders are reluctant to sell, and the market price rises rapidly. However, after the broad range continues to rise, the terminal still needs time to digest, and the terminal is purchasing on demand. At present, the bisphenol a market lacks more support. It is expected that bisphenol a market will maintain a high level in the short term, but it still needs to be decided in the later stage.

According to the monitoring data of business news agency, the external price of ethylene has been on the rise in recent years. On July 14, the price was US $1037.00/ton, and on July 16, the average price of ethylene was US $1048.75/ton, up 1.13%. The current price is down 1.89% month on month, and the current price is up 41.39% year on year.

In the near future, the overall external ethylene market is on the rise. The price of ethylene in Asia rose. As of the 23rd, CFR closed at US $995-1005 / T in Northeast Asia and US $960-970 / T in Southeast Asia. The price of ethylene market in Europe fluctuated and consolidated. As of the 23rd, FD in northwest Europe closed at US $1159-1169 / T, CIF in northwest Europe closed at US $1062-1072 / T. The price of ethylene in the U.S. fell. As of the 23rd, the price was $1152-1169 / ton. The recent external market of ethylene has been mixed. The price of ethylene in the U.S. has increased a lot in the early stage, but has dropped in the near future. On the whole, the external market demand of ethylene is good in the near future, the buying atmosphere is active, the transaction is good, and the ethylene market rises slightly.

International: on July 15, international oil prices continued the trend of the previous trading day and continued to fall. The settlement price of the main contract in the U.S. WTI crude oil futures market was 71.65 US dollars / barrel, down 1.48 US dollars or 2.2%, while the settlement price of the main contract in Brent crude oil futures market was 73.47 US dollars / barrel, down 1.29 US dollars or 1.7%. US oil reached its lowest closing price in nearly a month after OPEC + and OPEC + reached an agreement on increasing production. The bad news caused by the effect of increasing production is still fermenting, and the worry caused by the virus mutation of the epidemic has deepened the decline of oil prices.

The atmosphere of Asian styrene US dollar market is light. There are few offers within the day. Only a few paper goods have been heard and there is no actual negotiation. CFR China closed at 1230-1240, with an average price down 15%; FOB Korea closed at 1210-1220, with an average price down 15%. Unit: USD / T

Ethylene analysts of business society chemical branch think: at present, in terms of crude oil: inventory growth, the market is not optimistic about the crude oil market, so the data analysts of business society expect that the external price of ethylene will mainly fall next.

1、 Polyoxymethylene market price trend chart

Price curve of paraformaldehyde

According to the monitoring of the business agency, the average price of paraformaldehyde at the beginning of the week was 5700 yuan / ton, while that at the end of the week was 5666 yuan / ton, down 0.58%.

2、 Market analysis

On July 16, Shandong formaldehyde Chemical Industry Co., Ltd., with an annual output of 30000 tons of polyoxymethylene, offered 5700 yuan / ton of Polyoxymethylene (96) including tax, which was the same as last time. Linyi Shengyang Chemical Co., Ltd., with an annual output of 9000 tons of polyoxymethylene, Polyoxymethylene (96) ex factory price including tax 5400-5500 yuan / ton, the price is the same as last time. Zibo Qixing Chemical Technology Co., Ltd. has an annual output of 10000 tons of polyoxymethylene. The ex factory price of Polyoxymethylene (96) is 5900 yuan / ton, which is the same as last time. Polyoxymethylene market is weak and stable, and the quotation of manufacturers is stable.

According to the monitoring of business news agency, the average price of domestic methanol manufacturers in Shandong was 2530 yuan / ton at the beginning of this week, and 2545 yuan / ton at the end of this week, up 0.59%.

3、 Future forecast

Polyoxymethylene market demand is general, business community polyoxymethylene analysts expect that polyoxymethylene prices or will run smoothly.

As of July 13, the average price of domestic industrial grade lithium hydroxide enterprises was 90000 yuan / ton, up 0.37% compared with last Tuesday (July 6), 3.05% compared with June 1, and 13.92% year-on-year in a three-month cycle, according to the data from the business club’s block list.

In June, the market of lithium hydroxide rose steadily, with an overall increase of 2.67%. In July, the market was operating at a high level and prices rose at the beginning of the week. Some manufacturers shut down for maintenance, the output decreased, the market spot supply was tight, and the demand side was improved, the market was willing to push up obviously, the quotation was high, and the market transaction price was higher.

Import and export data of lithium hydroxide from January to may 2021 (unit: kg)

According to the data monitoring of the business society, the average price of industrial grade lithium carbonate in East China was 86600 yuan / ton as of July 12, which was the same as that at the beginning of the month. On July 12, the average price of battery grade lithium carbonate in East China was 90400 yuan / ton, which was the same as that at the beginning of the month.

According to the lithium hydroxide analysts of business news agency, generally speaking, the current tight spot supply and good demand performance form an effective support for the market. It is expected that in the short term, the domestic industrial lithium hydroxide market may be relatively strong, and the specific trend needs more attention to the market information guidance.

According to the data monitored by the business community, as of July 12, the average price of domestic rubber grade high-grade silica was 4875.00 yuan / ton, the market of silica was stable, the supply side was normal, the manufacturers were active in shipping, the upstream support was general, the downstream just needed to purchase, the overall operating rate was normal, the negotiation atmosphere was flat, the mainstream price range was 4500-5000 yuan / ton, and the price was mainly stable in the short term.

The domestic rubber grade silica market has a stable overall trend, with the mainstream price range of 4500-5000 yuan / ton. The main contract orders are given priority to, and the number of new orders is limited. The overall market purchasing atmosphere is flat, with negotiation as the main part. The merchants have a stable mentality, stable negotiation focus, cautious delivery, slow delivery, balanced supply and demand, normal delivery and general inventory, The quotation of upstream hydrochloric acid manufacturers is temporarily stable, and the overall market is general, mainly focusing on stable operation.

Upstream hydrochloric acid commodity index: on July 11, the hydrochloric acid commodity index was 60.53, unchanged from yesterday, down 39.47% from the highest point of 100.00 (2011-09-12) in the cycle, and up 236.65% from the lowest point of 17.98 on September 5, 2012（ Note: period refers to the period from September 1, 2011 to now

Business community silica analysts believe that: in the short term, silica maintains stable operation, and the range of price fluctuation is limited（ If you want to know more about the industry chain, please pay attention to the official account of the business community, get the information and grasp the price.

1、 Trend analysis

According to the nickel price monitoring of the business community, the nickel price fluctuated widely this week. As of July 9, the nickel price rose slightly by 0.84%, and the spot price was 137266.67 yuan / ton, up 0.84% from the beginning of the week, 8.03% from the beginning of the year, and 29.75% from the same period last year.

At the end of the rainy season in the Philippines, the domestic import of nickel ore increased, but the output of ferronickel increased driven by profits, the consumption of nickel ore increased, and the price of nickel ore will continue to strengthen in the later period. At present, the demand of downstream stainless steel at home and abroad is still good, the domestic export tax rebate policy is cancelled, and some overseas orders are replaced by Indonesian stainless steel. At present, the domestic and foreign inventory of nickel market continues to decline, and the domestic inventory and warehouse receipts are at the lowest level in history, which brings support to the nickel price.

Forecast: low inventory and tight nickel supply still support the nickel price. The expected reduction of steel production will keep the price of stainless steel high, and the nickel price will maintain a strong fluctuation pattern in the short term.

According to the data monitoring of business news agency, the market price of ammonium chloride continued to rise in June, with the price around 760 yuan / ton at the beginning of the month and 830 yuan / ton at the end of the month, an overall increase of 9.21%.

In June, the overall operating rate of ammonium chloride enterprises was around 75%, the supply of ammonium chloride was stable, and there was no pressure for manufacturers to ship; In June, the overall operating rate of downstream compound fertilizer decreased to 30-40%, and the support for ammonium chloride was weak. According to the business news agency, as of June 30, 2021, Huai’an Bolian commerce and trade agricultural ammonium chloride premium products price is stable, now dry ammonium quotation 900 yuan / ton.

The sharp rise of raw material liquid ammonia, the increase of export volume in urea market in May, and the price rise again in mid and late June due to the impact of printing standard news, all of which formed strong support for ammonium chloride. According to the monitoring of the business agency, as of June 30, the domestic price of liquid ammonia was 4433 yuan / ton, up 4.31% from 4250 yuan / ton at the beginning of the month; As of June 30, the domestic urea price was 2800 yuan / ton, up 16.51% from 2403 yuan / ton at the beginning of the month.

Future forecast: business community ammonium chloride analysts believe that although the start-up is not low, but the cost of ammonium chloride support is strong, it is expected that ammonium chloride will remain strong in the short term; But in the medium term, with the end of the peak season of agricultural demand, the price of agricultural materials will fall to a certain extent, and the price of ammonium chloride may fall to a certain extent in the later period.

According to the data monitored by the business community, as of July 6, the comprehensive price of PC market was 23375.00 yuan / ton. The price of PC has been running at a high level in the near future, and the price has risen slightly. The manufacturers are active in shipping, the logistics is smooth, and it will remain stable in the short term.

The overall market price of PC has slightly increased, the focus of negotiation is relatively high, and the PC market mainly fluctuates at a high level. At present, the supply side is normal, the downstream demand is general, and the upstream bisphenol A has increased steadily, with the price range of 21000-21200 yuan / ton. The market has a strong wait-and-see atmosphere and is mainly stable in the short term.

On July 5, the commodity index of bisphenol A was 199.05, unchanged from yesterday, down 29.71% from 283.19 (2021-04-16), the highest point in the cycle, and up 176.11% from 72.09, the lowest point on April 6, 2020（ Note: period refers to the period from March 1, 2020 to the present

Business community PC analysts believe that: PC in the short term to maintain a steady rise in operation（ If you want to get more information about goods and master the price of goods, you can subscribe to the business community through the official account of the business community.

Domestic BDO spot supply is still tight, and the focus of discussion continues to explore. At present, factory delivery contracts and early orders are dominant, spot control supply continues, and new single offer is rarely heard. Traders have limited sources of goods and are reluctant to sell. Some bulls have a strong atmosphere of speculation and offer higher end. According to the sample data monitored by the business association, as of July 5, the average price of domestic BDO producers was 18075 yuan / ton, with a month on month decrease of 7.78% and a year-on-year increase of 129.38%. In terms of market price, the mainstream negotiation of spot bulk water in East China is 18000-18500 yuan / ton, while the mainstream negotiation of spot bulk water in South China is 18000-19000 yuan / ton.

Recently, some factories released maintenance news from July to August, and the main delivery contract orders, spot control supply, the main traders hold limited sources of goods, are reluctant to sell, mainly deliver early orders, and offer few new orders. Some bulls continued to speculate, while the middle and lower reaches continued to chase up and replenish their positions. The focus of the talks was on the top.

For the installation, lanshantunhe is scheduled to be overhauled for one month on July 25; Maintenance plan of Xinjiang Meike phase II in July; Xinjiang Xinye plans to stop for 20 days on July 25; Dongyuan plans to replace the catalyst from July 20 to 30.

The factory continues to control the pace of shipment, the supply side has a certain advantage, and the main manufacturers are reluctant to sell and report high. At the same time, the transmission strength of downstream industries such as PTMEG and GBL is acceptable, which supports the operators’ trading mentality. BDO business analysts expect that the domestic BDO market will continue to rise in the short term.

In June, the domestic butadiene market continued the upward trend. The price of butadiene in China rose to a new high in the year, driven by the continued high rise of the external market. According to the sample data monitored by the business community, the domestic butadiene market price was 7458 yuan / ton at the beginning of the month, and 8852 yuan / ton at the end of the month, with an increase of 18.68% in the month, a year-on-year increase of 156.09%, and a maximum amplitude of 46.16% in the first half of the year.

In June, the domestic butadiene market continued the upward trend. During the month, the delayed start-up of phase II plant of Zhejiang Petrochemical Co., Ltd., the unexpected situation of Shanghai Petrochemical Co., Ltd. and Quanzhou Petrochemical Co., Ltd., as well as the supply side news such as domestic exports of goods all gave obvious support to the market. The price of butadiene in China rose to a new high in the year, driven by the continued high rise of the external market. Although the downstream synthetic rubber market rose slightly, the terminal performance was not good. The butadiene market rose without the continuous support of downstream demand. In the middle and late ten days, with the butadiene industry reaching a high level, the transaction of some high price sources was gradually weak; In addition, affected by the policy, the downstream construction was not good at the end of the month, and the transportation in some areas was limited, the market trading was gradually weakening, and the market performance stopped rising and consolidation.

In terms of enterprises, the supply price of butadiene in Sinopec’s sales companies increased by 1300-1800 yuan / ton month on month, and 8800-9300 yuan / ton as of June 30; Nanjing Chengzhi 100 kt / a butadiene oxidative dehydrogenation unit was put into operation on June 17 after restart; LG of South Korea added 130000t / a butadiene plant, which was put into operation within a month and is now in stable operation.

As of July 2, the factory quotations of some domestic butadiene manufacturers are as follows:

enterprise ., Price (yuan / ton)%, plant dynamic

Liaoyang Petrochemical 8960 yuan / ton Stable operation of 30000 T / a butadiene plant

Dalian Hengli 9110 yuan / ton 140000t / a butadiene plant operates stably, and the source of goods is normal for export

Liaotong chemical 9010 yuan / ton 130 tons of goods for export

Fushun Petrochemical No export Normal operation of 160000 T / a butadiene extraction unit

Jiutai, Inner Mongolia / The 70 kt / a oxidative dehydrogenation unit has been shut down for maintenance since April 12 and is expected to last about 20-30 days

Sipang, Jiangsu Province nine thousand and four hundred Stable operation of 100 kt / a butadiene oxidative dehydrogenation unit

Zhenhai Refining & Chemical Co., Ltd nine thousand Normal operation of 165000 T / a plant

Shanghai Petrochemical nine thousand Normal operation of 120000 T / a plant

Yangzi Petrochemical nine thousand Normal operation of 120000 T / a plant

Sinopec nine thousand The 200000 t / a plant is in normal operation and mainly supplied by each other

Maoming Petrochemical eight thousand nine hundred and fifty 150000 T / a plant is in normal operation, mainly for mutual supply and a small amount for export

Guangzhou Petrochemical nine thousand The 30000 T / a plant is in normal operation, mainly for mutual supply and a small amount for export

Wuhan ethylene nine thousand and three hundred 190kt / a extraction unit operates stably, mainly for mutual supply and a small amount for export

External price: as of July 1, the external price of butadiene in Asia was stable: FOB Korea closed at US $1365-1375 / T; CFR China closed at US $1305-1315 per ton. The external price of butadiene in Europe was stable: FOB Rotterdam closed at US $1795-1805 / T; FD northwest Europe closed at 1345-1355 euros / ton.

region ., Country. Closing price. Up and down

Asia FOB Korea 1365-1375 USD / T 0 USD / ton

Asia CFR China 1305-1315 USD / T 0 USD / ton

Europe FOB Rotterdam 1795-1805 USD / T 0 USD / ton

Europe FD northwest Europe 1345-1355 euro / ton 0 euro / ton

In the short term, the domestic butadiene market is still driven by the external market. Supported by the high external market, the domestic market may fluctuate at a high level at the end of June and the first half of July. However, under the pressure of terminal demand, the upward momentum of the market is slightly insufficient. Business community butadiene analysts expect that short-term domestic butadiene market high consolidation.

1、 Price trend

According to the price chart of business agency, as of June 30, 2021, the domestic reference price of acrylonitrile remained 14820.00 yuan / ton, which was the same as that of the previous working day, falling 0.74% compared with the previous Wednesday, and 3.64% higher than that on May 30

2、 Market analysis

4. In May, acrylonitrile was in a downward trend of oscillation, with a downward range of about 13%; In June, the attitude of rapid rise in the first half of June was 3.87%, while the next half of the month was down slightly, down 1.47%. With the centennial celebration of the party building, many environmental protection and production restrictions have been made in recent years. Apart from Jilin Petrochemical overhaul, most manufacturers’ production units are in medium and high load operation this week, among which Daqing Petrochemical, Daqing Refining and chemical industry, Shandong kerur, Shanghai Secco and Lanzhou Petrochemical have reached 100% and Anqing Petrochemical has reached 103%. There is no shortage of difficult goods to take, the pressure of the manufacturer’s inventory is too small, and the basic supply and demand is still stable; But the market users demand generally, and the trading atmosphere is light; The upstream cost support is general, and the downstream driving effect is not strong, so the upward range of acrylonitrile is not large and the sustainability is not strong, and the price is temporarily stable after being shaken.

upper reaches:

According to the price map of the business agency, the propylene market in Shandong Province has been in a volatile downward trend, and the market transaction rose to between 7600 yuan and 7900 yuan / ton, and the mainstream price was about 7900 yuan / ton. The price of mainstream manufacturers remained unchanged, and the low-end prices increased. The propene market is expected to stabilize or rise in the near future.

Downstream:

NBR overall showed a trend of rising first and then falling, and the market continued to stabilize after falling to 20900 yuan / T. Analysts from business society believe that the supply side is relatively low, and the price has fallen sharply in the early stage, and the NBR market is expected to be stable in the later period.

According to the data of the large list of business agencies, the spot price of ABS in early June was weak and the spot price was generally down. The trend of raw materials is different, ABS cost end support is general. At present, it is in the off-season of ABS industry, the demand of end-users shrinks, and the resistance of enterprises and businesses to ship is increasing. ABS analysts of business agency think that the recent ABS spot market may continue to be short.

According to the data of business society, the polyacrylamide commodity index on June 28 was 88.35, which was flat with yesterday, down 17.53% from 107.13 points (may 08, 2019), which was the highest point in the cycle, and 6.59% higher than the lowest point of 82.89 on August 02, 2020（ Note: the cycle refers to April 1, 2019 to now) business analyst thinks that since the second quarter, the factory has resumed normal construction, sufficient supply, no obvious change in demand and no action in the market. The effect of the price change of LPG is not reflected correctly. Polyacrylamide market is weak, and the market will not change significantly in the short term; But if crude oil continues to rise obviously, the polyacrylamide market, as an indirect downstream, may be reflected in the day.

3、 Future forecast

The analysis of acrylonitrile in business agency thinks: the market of acrylonitrile is stable after the market shock finishing, and the upstream propylene market is in a volatile manner; ABS is weak in downstream; NBR is stable; Polyacrylamide market is flat; The trading atmosphere of acrylonitrile market is general, and the demand of downstream users is general, and it may be slightly shaken in the near future, and it is mainly stable.

Product Name: diammonium phosphate

Latest price: 3316 yuan / ton

Commodity index: diammonium phosphate commodity index on June 30 was 98.93, which was the same as yesterday, decreased by 3.93% compared with the highest point of 102.98 (2011-10-08) in the cycle, and increased by 54.60% compared with the lowest point of 63.99 on June 30, 2020（ Note: period refers to the period from September 1, 2011 to now

Key points of analysis: according to the monitoring of business society, the price of DAP is stable at present. The domestic demand for diammonium is flat, and the downstream compound fertilizer enterprises start low and purchase on demand. DAP export volume is large, foreign market demand is good, and market enthusiasm is high.

Future forecast: diammonium phosphate is expected to run smoothly in the short term.

According to the data of the commodity list of the business society, the market price of formaldehyde in Shandong has risen recently. On the 27th, the average price of formaldehyde in Shandong was 1317.50 yuan / ton, and on the 28th, the average price of formaldehyde in Shandong was 1370.00 yuan / ton, up 3.98%. The current price has dropped by 3.59% on a month on month basis, and the current price has increased by 58.69% on a year-on-year basis.

Recently, the domestic formaldehyde market price rose. As of June 28, the mainstream market price in eastern Shandong was 1330-1400 yuan / ton. Recently, the trading atmosphere of formaldehyde market is acceptable, the transaction situation is relatively good, and the formaldehyde market shows a fluctuating upward trend.

Upstream methanol situation: methanol market is mainly rising, and part of the methanol market in southern Shandong is sold to 2420-2430 yuan / ton in cash, while small orders are mainly sold. The transaction price of methanol market in Shandong Luzhong area is about 2370-2390 yuan / ton, which is sent to the spot exchange. The transaction situation is general, so we have to wait and see. Shandong methanol Lubei market transaction price is generally small, rising at 2350-2370 yuan / ton to cash, transaction situation is general, wait and see. Methanol market rose, the overall trading atmosphere is good. Strong support for formaldehyde.

At present, Shandong plate factory started better, strong demand, led to the rise of formaldehyde market. At present, the atmosphere of Shandong formaldehyde trading market is positive, the transaction is excellent, the atmosphere of formaldehyde manufacturers is strong, and the focus of formaldehyde market is constantly moving up.

Recently, the upstream raw material methanol market showed an upward trend, the downstream plate factory started actively, and accepted the formaldehyde market well. Therefore, the formaldehyde analyst of business society chemical branch predicted that the recent price of formaldehyde in Shandong was mainly rising.

1、 Price trend

According to the data of the business club’s block list, on June 21, the average ex factory price of 55 powdered monoammonium was 2616 yuan / ton, and on June 27, the average ex factory price of 2800 yuan / ton, up 7.01% this week.

According to the data of the business club’s block list, on June 21, the average ex factory price of 64% granular diammonium was 3316 yuan / ton, and on June 27, the average ex factory price of 64% granular diammonium was 3316 yuan / ton, which was stable this week.

2、 Market analysis

The price of map rose this week. At present, most of monoammonium phosphate enterprises execute the early orders, and the waiting quantity is large, and a small number of them accept new orders. The ex factory price of 55% powdered ammonium is 3000-3200 yuan / ton, and the ex factory price of 58% powdered ammonium is about 3200 yuan / ton. On Monday, the operating rate of ammonium enterprises was about 67%, down from last week. Some enterprises are still in the process of shutdown and maintenance.

The price of DAP was stable this week. Domestic demand is flat, foreign market is good, and the supply of goods is relatively small. Most enterprises offer suspended, the actual transaction can be discussed. On Tuesday, the operating rate of ammonium enterprises was about 50%, down from last week. Some enterprises are in the process of shutdown and maintenance.

As of June 27, the average reference price of 30% grade phosphate ore in mainstream areas of China was around 526 yuan / ton, up 3.27% compared with June 21. The downstream compound fertilizer enterprises purchase raw material ammonium phosphate on demand, and the trading volume is acceptable.

3、 Future forecast

Business analysts believe that the current ammonium phosphate raw materials rise again, tight supply, prices easy to rise difficult to fall. Most domestic quotation of DAP is suspended and export market is good. It is expected that in the short term, the price of monoammonium phosphate will be high and firm, while the market of diammonium phosphate will continue to run smoothly.

According to the data monitored by the business agency, the average ex factory tax price of domestic light potassium carbonate was 6720.00 yuan / ton at the beginning of the week, and the average ex factory tax price of domestic light potassium carbonate was 6910.00 yuan / ton at the end of the week, up 2.83%. The current price is up 2.83% month on month, and the current price is up 11.23% year on year.

Recently, the domestic potash market is rising. The potash market is in short supply, most of which are concentrated in the hands of large traders. They are reluctant to sell. The new orders in the market are limited, and there is no market in some areas. Potassium carbonate continued to rise. According to the statistics of the business society, the mainstream ex factory quotation range of domestic industrial grade potassium carbonate this week is about 6600-7500 yuan / ton (the quotation is for reference only), and the quotation is different according to the different procurement situation.

Recently, the quotation of potassium chloride mainstream manufacturers is at the peak: on June 24, the potassium chloride equipment of Qinghai Salt Lake Potash Fertilizer Co., Ltd. operated normally. The ex factory quotation is about 2450 yuan / ton, the quotation is temporarily stable, and the actual transaction price is mainly through negotiation. On June 24, the potassium chloride equipment of Qinghai Salt Lake Potash Fertilizer Co., Ltd. operated normally. The ex factory quotation is about 2450 yuan / ton, the quotation is temporarily stable, and the actual transaction price is mainly through negotiation. Recently, after a round of rise, the potassium chloride market has been temporarily consolidated at a high level, the port inventory is tight, the shipping speed of traders is relatively slow, and the price remains high.

Potassium carbonate analysts of business news agency believe that the domestic potassium chloride market supply continues to be tight in the near future, and the supply of imported potassium is limited. 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 the main manufacturers of potassium nitrate all over the country and sorted out and analyzed by the potassium carbonate analysts of the business society. They are for reference only. For more price details, please contact the relevant manufacturers for consultation).

Adipic acid market trend chart

According to the monitoring of the business community, this week (6.21-25), the domestic adipic acid price was weak and stable. After the market decline in May, the current price was stable at 10000 yuan. The main reason for the weak market rise was that the adipic acid supply pressure increased, the demand was relatively weak, and the price lost support. According to the business news agency, the price of adipic acid in East China rose or fell by 0 this week. At present, the price range of adipic acid is 10000-10200 yuan / ton.

In terms of market supply, this week, adipic acid maintained a high level of operating rate, manufacturers’ inventory pressure was gradually emerging, enterprises reduced prices in the early stage, and now the price basically returned to the equilibrium point. As the market entered the off-season, the speed of delivery decreased significantly. From the point of view of dealers, the market inventory pressure is still large, the market is in the process of destocking, and some dealers give up profits to ship.

Pure benzene market trend chart

In terms of cost, the trend of pure benzene and adipic acid is quite different this week, and they have deviated from each other since the middle of June. According to the monitoring of business society, the price of pure benzene has increased by 2.32% as of this week, but the rising cost has not driven the price of adipic acid to warm up. On the one hand, the profit of adipic acid manufacturers is still in a reasonable range; More importantly, weak downstream demand is the main reason why adipic acid is difficult to get out of the predicament.

PA66 market trend chart

As far as downstream demand is concerned, from the perspective of downstream PA66 of adipic acid, PA66 has been in a slump since April. According to the monitoring of business society, the market of PA66 has not improved since June. As of the 25th, the monthly decline of PA66 is 1.90%. The weak downstream demand has obvious impact on adipic acid.

In the later stage, the business community believes that the supply pressure of adipic acid is still strong, the market is still in the cycle of destocking, and the upward pressure on the price is still large. However, at present, the price of adipic acid has been stable for nearly a month, and the downward space is not large. It is expected that it will remain weak and stable in the near future.

On June 21, international oil prices rose sharply, and the settlement price of main contracts in WTI crude oil futures market in the United States was $73.12/barrel, up $1.48 or 2.07%. Brent crude oil futures market main contract settlement price at $74.90/barrel, up $1.39 or 1.90%. WTI and Brent crude oil have set a record high since October 2018. Confidence in sustained economic recovery and strong demand growth, and the expected delay in the resumption of U.S. – Iran nuclear talks in the presidential election in Iran may signal a delay in the return of Iranian supply to the market. On the macro level, the previous Hawks’ suggestion about the Fed’s interest rate hike gradually dissipated, market sentiment improved, US stock market rebounded sharply on Monday, the dollar continued to weaken, and benefited from risky assets such as crude oil denominated in US dollars.

On the basic aspect of supply and demand, oil prices are still positive, and as of the 21st, oil prices have risen for two consecutive days. Previously, OPEC officials have publicly said that the US oil production is expected to increase by about 200000 barrels / day this year and that in 2022, oil production will increase by 500000-1.3 million barrels / day. The conservative forecast of limited oil growth has brought the oil price rise momentum. The market gives positive feedback to OPEC to control oil price by adjusting supply volume, and the oil price has risen significantly on Friday.

It is doubtful that the restart of the Iraq nuclear agreement will bring great benefits to oil prices in the short term. In the presidential election of Iran, Laixi, the hardcore leader, won the election with a vote rate of 62%, becoming the new president of Iran. Because the market generally expects that the government in this field is relatively tough, it may affect the further reaching of the Iran nuclear agreement. Talks to restart Iran’s nuclear deal were suspended on Sunday after Mr. Reich won the presidential election, according to the latest news. It is reported that the consultation is expected to be suspended for about 10 days. The progress of relevant consultations needs to be continued in the later period.

There are signs that fuel demand is still recovering continuously. North America’s driving peak season boosted fuel demand. Goldman Sachs expects crude oil consumption to reach 9.9 million barrels / day in August, and 97million barrels / day in the near future. The optimistic forward-looking analysis of institutions also brings positive effects on the market. In addition, the EIA prospective survey on Monday showed that U.

Crude oil analysts of business agency believe that the short-term oil price rise is strong, on the one hand, it is guided by good news from supply and demand, and on the other hand, the market is still confident about the future. But the current high oil price also means the accumulation of risk, and the short-term risk point is the progress of the Iraq nuclear agreement. In the medium and long term, the epidemic is still the key point of risk. The attendance rate of Tokyo Olympic Games is set to halve, the UK continues the blockade policy in some areas, the emergence of variant viruses and so on. All these factors may set obstacles for the upstream of crude oil. The future market needs to be cautious and optimistic.

Domestic cobalt prices have been rising

According to the data monitoring of business society, the cobalt price has been rising for three days since June 17, and as of June 22, the cobalt price was 354666.66 yuan / ton, up 3.50% from the price of 342666.66 yuan / ton on June 17. In June, the domestic cobalt price continued to decline, while the domestic cobalt market was weak, but the international cobalt price has been rising continuously in recent years, which stimulated the domestic cobalt market to rebound and the cobalt price rose again.

International cobalt prices have been rising continuously

From the trend chart of cobalt price in LME market, the international cobalt market has reached the bottom in recent years, and the cobalt price has been rising continuously. The rising international cobalt Market stimulates the domestic cobalt market to recover and the domestic cobalt price rises more. From the trend of MB cobalt price, cobalt price rose continuously in June, cobalt price rose for 5 consecutive trading days since June 14, and the international cobalt market rose to activate the domestic cobalt market.

time Category specification minimum price Up and down Highest price Up and down Company

June 1, 2021 Standard cobalt twenty 0 twenty point five 0 USD / pound

June 1, 2021 Alloy grade cobalt nineteen point nine 0 twenty point four 0 USD / pound

June 2, 2021 Standard cobalt nineteen point nine – zero point one twenty point five 0 USD / pound

June 2, 2021 Alloy grade cobalt nineteen point nine 0 twenty point four 0 USD / pound

June 3, 2021 Standard cobalt nineteen point eight – zero point one twenty point six zero point one USD / pound

June 3, 2021 Alloy grade cobalt nineteen point nine 0 twenty point four 0 USD / pound

June 4, 2021 Standard cobalt nineteen point eight 0 twenty point six 0 USD / pound

June 4, 2021 Alloy grade cobalt twenty zero point one twenty point five zero point one USD / pound

June 7, 2021 Standard cobalt nineteen point eight 0 twenty point six 0 USD / pound

June 7, 2021 Alloy grade cobalt twenty 0 twenty point five 0 USD / pound

June 8, 2021 Standard cobalt nineteen point eight 0 twenty point six 0 USD / pound

June 8, 2021 Alloy grade cobalt twenty 0 twenty point five 0 USD / pound

June 9, 2021 Standard cobalt nineteen point eight 0 twenty point six 0 USD / pound

June 9, 2021 Alloy grade cobalt twenty 0 twenty point five 0 USD / pound

June 10, 2021 Standard cobalt nineteen point eight 0 twenty point six 0 USD / pound

June 10, 2021 Alloy grade cobalt twenty 0 twenty point five 0 USD / pound

June 11, 2021 Standard cobalt nineteen point eight 0 twenty point five 0 USD / pound

June 11, 2021 Alloy grade cobalt twenty 0 twenty point six zero point one USD / pound

June 14, 2021 Standard cobalt twenty zero point two twenty point six five zero point one five USD / pound

June 14, 2021 Alloy grade cobalt twenty 0 twenty point six 0 USD / pound

June 15, 2021 Standard cobalt twenty 0 twenty point six five 0 USD / pound

June 15, 2021 Alloy grade cobalt twenty 0 twenty point six 0 USD / pound

June 16, 2021 Standard cobalt twenty point one zero point one twenty point seven zero point zero five USD / pound

June 16, 2021 Alloy grade cobalt twenty point one zero point one twenty point seven zero point one USD / pound

June 17, 2021 Standard cobalt twenty point two zero point one twenty point nine five zero point two five USD / pound

June 17, 2021 Alloy grade cobalt twenty point two zero point one twenty point nine five zero point two USD / pound

June 18, 2021 Standard cobalt twenty point four zero point two twenty-one point zero five zero point one USD / pound

June 18, 2021 Alloy grade cobalt twenty point four zero point two twenty-one point zero five zero point one USD / pound

June 21, 2021 Standard cobalt twenty point seven zero point three twenty-one point one zero point zero five USD / pound

June 21, 2021 Alloy grade cobalt twenty point seven zero point three twenty-one point one zero point zero five USD / pound

A summary of the market

Bai Jiaxin, an analyst with data from business agency, thinks that the international cobalt price has been rising continuously, MB cobalt price has risen for 5 consecutive trading days, while the cobalt price in LME market has risen for two consecutive trading days, and the rise of international cobalt Market stimulates the domestic cobalt market to recover. On 21, the price of cobalt in LME market fell slightly, the international cobalt market was not strong enough to rise, the domestic cobalt market was stable, and the market was expected to stabilize strongly.

1、 Price trend

According to the bulk data monitoring of business news agency, as of June 18, the average price of refrigerant R22 was 16800 yuan / ton, which was the same as that at the beginning of the week, with a month on month increase of 1.2% and a year-on-year increase of 7.69%.

According to the bulk data monitoring of business news agency, as of June 18, the average price of refrigerant R134a was 22933.33 yuan / ton, which was the same as that at the beginning of the week, with a month on month increase of 1.47% and a year-on-year increase of 26.24%.

2、 Market analysis

This week, the market of R22 refrigerants was strong, and the quotation of enterprises remained in the early stage, with little fluctuation. At present, the overall operating rate of the raw material methane chloride plant has slightly decreased, the price has fluctuated and increased, the price of R22 is not easy to go down due to the support of the cost side, the profit of enterprises is not much, and the market center is still high. As of June 18, R22 market quotation is in the range of 16000-17500 yuan / ton, Shandong quotation is in the range of 16800-17500 yuan / ton, Zhejiang quotation is in the range of 16000-16800 yuan / ton, Hebei quotation is in the range of 17000 yuan / ton, Jiangsu quotation is in the range of 16500 yuan / ton.

This week, R134a refrigerant market was weak and stable, and the price negotiation space increased. At present, the price of raw material hydrofluoric acid is loose, and the cost support is slightly declining. In addition, it is difficult to boost the market in the off-season demand. At the same time, the new production capacity enters the market, the supply is expected to increase, and there is a certain pressure on the sales of enterprises. The actual transaction is profitable. At present, R134a market quotation is mostly in the range of 23000-25000 yuan / ton, Zhejiang quotation is about 23000-23800 yuan / ton, Hunan quotation is about 22000-22500 yuan / ton, Jiangsu quotation is about 23500-25000 yuan / ton, Shanxi quotation is about 24500 yuan / ton, and the prices in various places are steady and declining.

In terms of raw materials, the price trend of domestic hydrofluoric acid was slightly lower this week. Up to now, the mainstream price of domestic hydrofluoric acid in various regions has maintained 9400-9700 yuan / ton. Some manufacturers’ quotations are higher than the market price. The actual transaction market on the floor is weak. The price of domestic hydrofluoric acid is mainly stable. Supported by domestic hydrofluoric acid spot supply in the near future, the price trend on the floor is slightly lower, Hydrofluoric acid market price is expected to stabilize temporarily.

Trichloromethane. On June 18, the market of methane chloride in Shandong was consolidated. The manufacturers offered the mainstream ex factory price of dichloromethane of about 4000-4050 yuan / ton, and the mainstream ex factory price of trichloromethane of about 4440-4470 yuan / ton. A small number of downstream inquiries were received. There is still a certain balance between supply and demand in the short term, and the price of dichloromethane is expected to remain stable in the near future. With the end of the downstream refrigerant season, once the demand side performs poorly, the price of chloroform will be weak and fall sharply.

3、 Future forecast

Business analysts believe that the current raw material prices, cost support R22 prices should not go down, is expected to remain stable in the short term. R134a new production capacity into the market, supply increases, costs and demand are both weak, there is a certain pressure on the sales of goods holders, and the price is expected to have the risk of downward adjustment.

According to the monitoring sample data of the business community, as of June 18, the average price of melamine enterprises was 10600 yuan / ton, up 2.58% compared with the price at the beginning of the week, down 26.39% compared with the price on May 18 (14400 yuan / ton), and up 31.95% year on year in a three-month cycle.

In June, the melamine market rose steadily. Before the Dragon Boat Festival, the market supply was tight, and the downstream products were replenished actively. The market atmosphere was good, and the market rose slightly. After the festival, melamine enterprises came back. At present, the operating rate of melamine is about 70%, and the pace of downstream procurement has slowed down. They just need to replenish the warehouse, and they are resistant to high price raw materials, There is no pressure to take the goods, the market is rising steadily, and there is a strong wait-and-see mood.

Upstream urea, June 18, Shandong urea market temporarily stable, compared with the beginning of the week prices fell 0.74%. On the whole, urea cost support weakened this week, downstream demand slowed down, urea supply was tight, and supply exceeded demand.

Business analyst melamine said that the upstream urea price is running at high cost, and the cost support is still there. The market atmosphere is generally high. In the short term, the melamine market will be stable or stable, and more attention should be paid to the upstream and downstream information guidelines.

Trade name: chloroform

Latest price (June 16): 4440 yuan / ton

Analysis points: on the 16th, the domestic price of chloroform was 4440 yuan / ton, up 0.51% from the previous day. The supply side of chloroform is relatively tight, and the supply and demand side supports the high price of chloroform; However, the price of raw material liquid chlorine fell sharply, and the cost was negative. According to the monitoring of the business agency, as of June 16, the mainstream ex factory price of liquid chlorine for tank cars in Shandong was around 1350 yuan / ton.

Future forecast: business community analysts believe that the supply and demand of chloroform is more supportive at present, but the price of raw material liquid chlorine has fallen sharply. It is expected that the peak season of downstream refrigerants will pass, and the price of chloroform will fall in a weak way.

Acetic anhydride price goes up again

According to the data monitoring of the business association, the price of acetic anhydride continued to rise in June. Affected by the rising price of acetic acid, the price of acetic anhydride rose again. As of June 15, the price of acetic anhydride was 12166.67 yuan / ton, up 1.96% from 11933.33 yuan / ton in early June; The price of acetic anhydride increased by 3.99% compared with 11700.00 yuan / ton on May 19.

Price trend of acetic acid rises again

It can be seen from the price trend chart of acetic acid that since the middle of May, the price of acetic acid has stopped falling and picked up. In June, the price of acetic acid has been rising continuously. The price of acetic acid has been rising, the cost of acetic anhydride has been rising, the rising power of acetic anhydride has been increasing, and the price of acetic anhydride has reached its peak again.

Market summary and future forecast

Bai Jiaxin, acetic anhydride data analyst of business news agency, believes that June is the traditional maintenance season for acetic acid and acetic anhydride enterprises, and the number of production stops and production limits increases. The price of acetic acid stops falling and rebounds. The price of acetic acid rises slightly in June, and the rising cost of acetic anhydride stimulates the price of acetic anhydride to climb to the peak again. Due to the fact that acetic anhydride is in the traditional off-season and the high price of acetic anhydride reduces the purchasing enthusiasm of downstream customers, the rising power of acetic anhydride is limited, and the acetic anhydride market is expected to rise slightly in the future.

1、 Price trend

According to the monitoring data of business news agency, the average price of PS (GPPS 525) was 10700 yuan / ton at the beginning of this week, and 10600 yuan / ton at the end of this week, with a price drop of 0.93% and an increase of 34.18% compared with the same period last year.

2、 Market analysis

The domestic PS market was mainly weak, and the decrease of benzene conversion was larger than that of trans benzene, with a range of 20-400 yuan / ton. Raw material styrene continued to fall, increasing buying wait-and-see sentiment, coupled with the impact of PS factory price down, businesses oversold operation more. The supply of ordinary trans benzene is more tight than that of modified benzene, and the decrease rate is less than that of modified benzene.

In East China market, the total benzene revenue was 10950-12450 yuan / ton, the low end was stable on a month on month basis, and the high end was stable on a month on month basis. Yuyao market receives 11000-12450 yuan per ton of benzene and 13000-14450 yuan per ton of benzene.

3、 Future forecast

PS market may be narrow and weak. The cost center is low, and the market support mainly comes from the tight supply of trans benzene. The downstream demand is weak, the factory just needs to purchase mainly, the market still has the possibility of making profit and shipping.

According to the monitoring data of business society, the recent price of ethylene external market has fallen, with the price of USD 1131.00/t on June 9, the average price of ethylene on June 9 being 1111.00/t, down 1.77%, and the current price fell 5.43% on a month basis, and the current price rose 66.69% year on year.

Recently, the external market of ethylene market overall showed a downward trend. The price of ethylene in Asia remained stable. As of the 9th, CFR closed at US $957-965 / T in Northeast Asia and US $917-925 / T in Southeast Asia. European ethylene market prices fell, as of the 9th, FD northwest Europe closed at 1298-1309 US dollars / ton, CIF northwest Europe closed at 1253-1262 US dollars / ton. The price of ethylene in the U.S. fell. As of the 9th, the price was 583-595 US dollars / ton. Recently, the external market of ethylene fell. Generally speaking, the demand of the whole external market of ethylene is poor, the trading atmosphere is light, the transaction is weak, and the focus of ethylene market is constantly moving down.

International: on June 9, international oil prices remained stable, and the settlement price was not changed much compared with the previous trading days. The settlement price of the main contract in the WTI crude oil futures market in the United States was $69.96/barrel, down 0.09 US dollars or 0.1%. Brent crude oil futures market settlement price of the main contract at 72.22 U.S. dollars / barrel, flat in the last trading day. Previous data showed that the U.S. gasoline inventory increased significantly, limiting the pace of oil price rise. However, the market is looking forward to the start of the summer driving season in North America, and the oil price is still strong.

Recently, the Styrene Market in Shandong continued to decline. At the cost end, crude oil fell, pure benzene and ethylene all fell, and styrene futures fell sharply, hitting market confidence. In terms of domestic devices, most of the overhaul devices have been restarted, and the new units are put into operation, and the domestic supply increases. Although the wharf inventory is in low position, the arrival of goods in the Middle East and domestic domestic goods in the Middle East this week have increased the styrene inventory. Downstream side is restricted by the influence of southern power limit and North wheat harvest. EPS and downstream start-up are expected to decline, PS start rate has risen, ABS maintains high opening rate, EPS and PS prices fall slightly, so it is just necessary to purchase styrene which is in conflict with high price. In summary, the supply tension of styrene will ease in the short term, and the demand of downstream parts will be waiting to fall, and the purchasing gas will further weaken. It is expected that styrene will still have room for correction and finishing.

Ethylene analysts of the chemical branch of the business society believe: at present, the crude oil storage in the United States has declined rapidly, the demand for American refined oil is strong, and the crude oil market may rise. Therefore, the data analysts of the business agency expect the ethylene external market price to be mainly increased next.

On June 6, the commodity index of hydrobenzene was 84.71, which was the same as yesterday, decreased by 16.96% compared with the highest point of 102.01 points (2014-01-09) in the cycle, and increased by 182.46% compared with the lowest point of 29.99 points on April 7, 2020（ Note: period refers to the period from December 1, 2013 to now).

Price fluctuation of main domestic hydrogenated benzene market from May 31 to June 4 (unit: yuan / ton)

Region, price on May 31, price on June 4, weekly rise and fall

East China, 7450., 7850., + 400

Shandong area, 7350., 7600., + 250

This week (May 31 to June 4) the market price of hydrobenzene in Shandong rose, at 7350 yuan / ton at the beginning of the week and 7600 yuan / ton at the end of the week, up 250 yuan / ton.

Summary of price adjustment of Sinopec’s pure benzene in 2021 (unit: yuan / ton)

Date, adjusted price, adjusted amount

May 7, 7700, + 300

May 10, 8000, + 300

May 12, 8200, + 200

May 24, 7900, – 300

May 28, 7600, – 300

June 4, 7900, + 300

On June 4, 2021, Sinopec’s registered price of pure benzene was increased by 300 yuan / ton. At present, it implements 7900 yuan / ton, of which Qilu Petrochemical implements 7850 yuan / ton.

The pure benzene Market stopped falling and rebounded this week. The price of styrene rebounded this week driven by the favorable international market. The futures market first rebounded, and the supply side was favorable due to the shutdown of devices in the spot market. The overall market performance was good. The upstream pure benzene began to pick up on Tuesday, and the market of hydrogenated benzene rose.

In the future, the business community believes that the price of pure benzene market is high, the downstream market is weak, and the support for pure benzene is limited. It is expected that the pure benzene industry chain will maintain high volatility in the short term.

Magnesium price stops falling, stabilizes and returns to low level

As of June 7, the price of magnesium has stopped falling and stabilized, with a low rise of nearly 1000 yuan per ton. The specific price range of each region is as follows:

In fugu area, the ex factory cash including tax is 19000-19100 yuan / ton; In Ningxia, 19000-19100 yuan / ton of ex factory cash including tax; In Taiyuan, the ex factory cash including tax is 19100-19200 yuan / ton; In Wenxi area, the ex factory cash including tax is 19200-19300 yuan / ton.

Strong raw material price and strong cost support

In terms of ferrosilicon, it is reported that on June 3, 2021, the leading group of energy conservation and emission reduction in Zhongwei city issued a notice on the implementation of production restriction for some high energy consuming enterprises. The production restriction period is from June 3 to December 31, so as to limit the overall production of ferrosilicon in Ningxia; In terms of coal, some coal mines in Yulin chose to stop online bidding. Affected by the policy, the price remained stable, and the price of magnesium ingot returned to 19000 yuan / ton due to the rise of upstream market.

Low social inventory, tight supply and demand

In terms of inventory, some magnesium plants had maintenance in May, and in the short term, the inventory was low. However, due to the excessive price rise of magnesium ingots, some downstream users are not in a hurry to purchase and take a wait-and-see attitude.

Future forecast

Forecast: due to the influence of “buying up but not buying down” of customers, the sharp rise of magnesium price last week leads to the saturation of magnesium market demand in advance this week, and it is expected that magnesium price will decline and callback in the short term.

Trade name: isooctanol

Latest price (June 7): 14933.33 yuan / ton

On June 7, the ex factory quotation of isooctanol in Shandong Province rose by 300 yuan / ton, or 2.05%, compared with the quotation on June 4. The upstream propylene market rose sharply, the cost support was good, the downstream DOP market also had an upward trend, the downstream purchasing enthusiasm increased, and the octanol supply was tight.

In recent years, the factory price of octanol in Shandong may rise slightly: the manufacturer’s quotation is about 15500 yuan / ton.

1、 Price trend

According to the bulk data monitoring of business news agency, as of June 4, the average price of refrigerant R22 was 16800 yuan / ton, which was the same as that at the beginning of the week, with a month on month increase of 1.2% and an increase of 11.26% compared with the same period last year.

According to the bulk data monitoring of business news agency, as of June 4, the average price of refrigerant R134a was 22933.33 yuan / ton, which was the same as that at the beginning of the week, up 1.47% month on month and 23.96% year on year.

2、 Market analysis

This week, R22 refrigerant market generally stable operation, enterprise price adjustment is not much. The price of R22 remained high, but the demand continued to be sluggish. The southern region has gradually entered the rainy season, and the demand is poor. Under the game of supply and demand, R22 market is deadlocked. As of June 4, R22 market quotation is mainly in the range of 15600-17500 yuan / ton, Shandong quotation is about 16800-17500 yuan / ton, Zhejiang quotation is about 15600-16800 yuan / ton, Hunan quotation is about 15800-16300 yuan / ton, Shanghai quotation is about 16500 yuan / ton, Shanxi quotation is about 17000 yuan / ton, Guangzhou quotation is about 16800-17000 yuan / ton, Prices don’t change much everywhere.

This week, R134a refrigerant market was light and stable., In recent days, the price of hydrofluoric acid continued to fall, trichloroethylene remained high, and the cost support was strong. The price of R134a was high. However, the demand of downstream was general in the off-season, and most of the transactions were based on solid offer. The market was stable and the short-term market was stable and weak. At present, the quotation of R134a was mostly in the range of 21500-25000 yuan / ton, and that of Zhejiang was about 23000-25000 yuan / ton, The quotation in Hunan is about 23000-23500 / T, that in Jiangsu is about 23500-25000 / T, that in Shanxi is about 24500 yuan / T, that in Shanghai is about 24000 yuan / T, and that in Guangzhou is about 21500-23000 yuan / T.

In terms of raw materials, the domestic spot supply of hydrofluoric acid was sufficient this week, some hydrofluoric acid plants on the site were restarted, and the price of upstream raw materials of hydrofluoric acid dropped slightly. So far, the mainstream of hydrofluoric acid negotiations in the southern region is 9400-9600 yuan / ton, and the price of hydrofluoric acid in the northern market is 9400-9700 yuan / ton. In recent years, the price trend of domestic hydrofluoric acid market is mainly declining, and the manufacturers reflect that the recent delivery situation is not good, but the price of hydrofluoric acid market is still facing downward pressure in the later stage.

Trichloromethane. On June 4, the market of methane chloride in Shandong Province was slightly adjusted, and the quotation of manufacturers was adjusted. The main factory quotation of dichloromethane was about 3940 ~ 4140 yuan / ton, and the main factory quotation of trichloromethane was about 4330 yuan / ton. The downstream inquired a small amount of orders. At present, both the cost side and the demand side have some support. It is expected that the price of methyl chloride will remain high and stable next Wednesday.

3、 Future forecast

Business analysts believe that the current cost side is still supported, but the downstream demand is poor. Under the game of supply and demand, the market is deadlocked, and R22 manufacturers support the market, which is expected to be stable in the short term; R134a market high consolidation, but the price is stable, the transaction has yield, is expected to be stable in the short term weak operation.

According to the data monitored by the business agency, as of June 2, the average price of PMMA was 17233.33 yuan / ton, the market maintained stable operation, the quotation range of mainstream manufacturers maintained about 17000 yuan / ton, the negotiation center was stable, the downstream just needed to purchase, and the short-term stable trend was maintained.

PMMA runs smoothly with general transaction atmosphere. Some manufacturers are tight in supply of spot goods. The price of upstream MMA is high with upward trend, and low price is hard to find. It is mainly just need to purchase, and the price has a certain supporting effect on the cost of PMMA.

On June 1, the rubber and plastic index was 779 points, 2 points lower than yesterday, 26.51% lower than 1060 points (2012-03-14), the highest point in the cycle, and 47.54% higher than 528 points, the lowest point on April 6, 2020（ Note: period refers to the period from December 1, 2011 to present.

PMMA business analysts believe that: in the short term, PMMA stable operation, price fluctuations（ If you want to get more information about goods and master the price of goods, you can subscribe to the business community through the official account of the business community.