The upstream fluorite and hydrofluoric acid markets operate in a narrow range. The ex factory prices of aluminum fluoride enterprises have little change, and the overall price of aluminum fluoride market remains stable. According to business agency data, the domestic price of aluminum fluoride on November 13 was 9000 yuan / ton, which was flat compared with the beginning of the week.

The price of fluorite in the domestic market fluctuates in a narrow range. Recently, some manufacturers have reported that the sales situation is not good, the downstream demand is not improved, and the fluorite price has not changed much. The operation of domestic fluorite manufacturers is stable, the operation of on-site mines and flotation devices is normal, the situation of fluorite in the yard is not good, and the fluorite market price remains stable temporarily. In the near future, the downstream hydrofluoric acid market price remains at a low level, and the downstream terminal is mainly purchased on demand, and the purchasing sentiment is not strong.

The upstream fluorite, hydrofluoric acid and other raw material prices fluctuate, which has a limited impact on the aluminum fluoride Market. At present, the overall operating rate of aluminum fluoride remains high, and the market supply is sufficient. Recently, the market price of aluminum fluoride is relatively stable. On the whole, aluminum fluoride manufacturers stand up for sales, but the overall inventory of aluminum fluoride industry is high, and the market price of aluminum fluoride is easy to fall and difficult to rise.

Analysts of aluminum fluoride industry of chemical branch of business society believe that: upstream fluorite prices remain volatile, and the current aluminum fluoride production is at a high level. It is expected that the prices of aluminum fluoride manufacturers will be stable.

1、 Price trend

According to the data of business agency, on November 13, the average ex factory price of oil to ethylene glycol in North China was 3700 yuan / ton, down 67 yuan / ton or 1.77% from last week.

On November 12, the market price of ethylene glycol in East China was 3665 yuan / ton, down 65 yuan / ton or 1.74% compared with the same period last week.

2、 Analysis of influencing factors

As of November 12, the total ethylene glycol inventory in the main ports of East China was 1117900 tons, an increase of 17900 tons or 1.63% compared with last Thursday, and an increase of 23500 tons or 2.15% compared with Monday.

In terms of shipment, Zhangjiagang and Taicang have significantly improved this week compared with last week, with an average daily shipment of about 7300 tons in Zhangjiagang and 5500 tons in Taicang.

At present, the operating rate of ethylene glycol is about 61%, slightly higher than that of last week; the operating rate of polyester is about 87%, which is basically the same as last week.

In terms of units, the annual output of 720000 tons of ethylene glycol unit of South Asia Line 4 in Taiwan is planned to start shutdown and maintenance on November 5, and the overhaul lasts for 30 days; Xinjiang Tianye has added 600000 tons of ethylene glycol unit, with the capacity of 400000 tons and the load increased to 80%.

3、 Analysis and prediction

This week, ethylene glycol futures prices rose first and then decreased, turning point occurred on Thursday. At the beginning of the week, due to the impact of warmer downstream demand, the market bullish intention is positive. In the follow-up, due to the poor situation of overseas epidemic situation, and the addition and restart of domestic devices, the supply rose again. At the same time, although polyester maintained a stable operating rate, production and sales fell with the shift of chemical fiber peak season. Due to the accumulation of various adverse factors, ethylene glycol has accumulated again after one month’s drawdown. In the short term, the demand for ethylene glycol has not improved significantly, and the expectation of price rise will be greatly weakened.

According to the monitoring data of the business agency, as of November 10, the ex factory price of domestic industrial grade propylene glycol was around 9466 yuan / ton, with an average price increase of 366 yuan / ton, or 4.03%, compared with November 8, and 133 yuan / ton, or 1.43%, compared with November 1.

Supply is tight, propylene glycol rational callback factory quotation

After several days of weak decline, the domestic industrial propylene glycol market is looking forward to rising. Since the end of last week, the propylene glycol industry has already expected to adjust prices. In this week, the decline of propylene oxide stopped, and the cost support for propylene glycol has been improved. In addition, the current market supply of propylene glycol is tight, the inventory is low, and the supply pressure is small, and the factory is reluctant to sell On the 9th and 10th, the quoted price of propylene glycol in the factory increased continuously, and the downstream side mainly continued to purchase on rigid demand. Therefore, this round of price correction is relatively rational, with the range of 200-600 yuan / ton. At present, as of November 10, the ex factory price of domestic industrial grade propylene glycol is around 9466 yuan / ton. Compared with November 8, the average price has increased by 366 yuan / ton, or 4.03%; compared with November 11 and 1, the average price has increased by 133 yuan / ton, or 1.43%.

Upstream, in recent two days, the domestic propylene oxide market has stopped falling and is expected to have a strong trend. Some factories in some regions have raised the price of propylene oxide by 200-400 yuan / ton. At present, the trend of the market is getting warmer. According to the data from the large list of business associations, as of November 10, the mainstream quotation of propylene oxide Market is around 14500-15000 yuan / ton.

Internationally, WTI December 2020 futures rose $3.15 per barrel on Monday (November 9), while Brent’s January 2021 futures rose $2.95 to $42.40 per barrel. China’s main SC crude oil futures contract 2101 fell 0.2 yuan / barrel to 243.2 yuan / barrel.

Demand for more than a narrow range of propylene glycol Market

At present, the raw material support of propylene glycol market may gradually improve, but those who just need to purchase continue to offer higher prices for fear of aggravating the downstream wait-and-see mood and forming a resistance to high prices. Therefore, the propylene glycol data analyst of the business agency believes that in the short term, the propylene glycol market will be limited in breadth, and the market will mainly fluctuate in a narrow range.

Trade name: hydrochloric acid

Latest price (November 9): 307.50 yuan / ton

On November 9, the mixed price of hydrochloric acid in Shandong increased by 1.50 yuan / ton, or 0.82%, compared with the price quoted on November 6. The upstream liquid chlorine market is generally in general, which gives weak support to hydrochloric acid, while the market of silica and ammonium chloride in the downstream is high consolidation, which brings certain support to the price of hydrochloric acid. At the same time, the maintenance of enterprises has increased recently, the supply of hydrochloric acid is relatively tight, and the downstream purchasing enthusiasm is good. The by-product acid still impacts the market, and the pressure of hydrochloric acid shipment is greater.

Recently, the market price of hydrochloric acid in Shandong area may fluctuate slightly, and the quotation is about 310 yuan / ton.

According to the monitoring of the bulk data of the business agency, the dichloromethane market in Shandong has been running steadily due to the continuous high price of raw material liquid chlorine. As of November 6, the average price in Shandong was about 3200 yuan / ton, which was stable in the week, with an increase of 23.08% compared with the same period of last month.

Production capacity and operation of the enterprise

Jinling, Shandong Province: 440000 tons / year, 50%

Dongying Jinmao 120000 tons / year parking

Luxi Chemical Industry: 400000 tons / year: 50%

Shandong Dongyue: 280000 tons / year: 30%

Jiangxi Liwen: 120000 tons / year: 50%

Jiangsu Liwen: 160000 tons / year

Jiangsu Meilan 200000 tons / year 70%

Quhua, Zhejiang: 300000 yuan / year: 70%

Zhejiang Juhua: 300000 tons / year: 50%

In recent years, the domestic dichloromethane market has been strong, mainly due to the rising price of raw material liquid chlorine. At present, the production cost of dichloromethane enterprises in Shandong is under pressure, and the overall demand of downstream market is flat, so the enterprises are forced to reduce the operating load, and the overall operation of the industry is less than 60%. As the inventory of enterprises is in the acceptable range, it has a good intention to raise prices. At present, the price of dichloromethane in Shandong is about 3200-3250 yuan / ton, that of Jiangsu Liwen is about 3700 yuan / ton, and that of Jiangxi Liwen is about 3100 yuan / ton.

In terms of raw materials, the domestic methanol market has been adjusted in a volatile way, with the current price of about 1902 yuan / ton. Some manufacturers continue to increase the ex factory quotation. Driven by the current futures, the international crude oil price rebounds, the equipment maintenance of production enterprises, low inventory, and the recovery of downstream demand and other factors are favorable. The favorable factors will remain in a short time, and traders are full of bullish mentality. Recently, the liquid chlorine market continues to rise, and the supply in Shandong is tight due to the impact of enterprise maintenance The price of liquid chlorine is high and firm, and the surrounding market is following the trend. At present, the mainstream quotation in the industry is about 1800-2000 yuan / ton.

In the downstream market, the market of refrigerants is running weakly and steadily, and the price is falling steadily. Downstream major air-conditioning manufacturers started low, the demand was scarce, the demand for foaming agent decreased, and the orders were not many, so the demand side was difficult to boost the market. The hydrofluoric acid industry in the raw material surface was stable, and there was no good signal. Although the quota decreased at the end of the year, the market was back to the buyer’s leading position, and the short-term market was still weak; the pharmaceutical and agricultural solvent industry started flat, and there was insufficient support for chloroform.

According to the methane chloride data of the business society, the domestic dichloromethane market is running stably for the time being, the enterprises are not starting high, the overall supply and demand of the industry are weak, and the downstream market is mainly wait-and-see.in the future market, we need to pay attention to the raw material market, and it is expected that the price of dichloromethane will remain stable in a short period of time.

1、 Price trend

According to the business club’s big list data, this week pure benzene stopped rising and turned down. On October 25, the listed price of pure benzene was 3580-3700 yuan / ton (the average price was 3625 yuan / ton); this Sunday (November 1), the listed price of pure benzene was 3350-3650 yuan / ton (the average price was 3575 yuan / ton), down 50 yuan / ton or 1.38% compared with last week.

2、 Analysis and comment

This week, pure benzene showed a downward trend, mainly driven by the drop in crude oil. Although the price rise of styrene in the downstream has brought benefits, the fundamentals of pure benzene itself are weak, the entry of downstream units is delayed, the port inventory is high, and the market focus is weak.

In terms of external market, on Friday (October 30), the import of pure benzene from South Korea was 450.33 US dollars / ton, up 7.66 US dollars / ton, or 1.73% compared with October 23; and that of East China was 459 US dollars / ton, up 9.5 US dollars / ton, or 2.11% compared with October 23.

In terms of crude oil, the impact of public health events in Europe and the United States intensified, the blockade measures tightened, the market worried about weak demand, and the international oil price fell sharply. Compared with October 23, Brent fell $5.03 per barrel, or 12.2%, while WTI fell $3.7 per barrel, or 9.28%. Compared with December 31, 2019, Brent decreased by 45.77%, and WTI decreased by 40.51%.

Downstream: the fundamentals of styrene were positive, although the crude oil and styrene futures fell at the beginning of the week, but they rose rapidly in the later period. On November 1, the price of styrene in Shandong Province was 7050 yuan / ton, up 316.67 yuan / ton, or 4.7%, compared with last week.

Aniline prices continue to maintain stable this week, enterprises no pressure to ship, supply and demand balance. On November 1, the price of aniline in Shandong was 6600-6700 yuan / ton, and that in Nanjing was 6700-6800 yuan / ton

3、 Future forecast

In terms of crude oil, the impact of public health events intensified, and it is expected that oil prices will continue to be under pressure next week. Pay attention to the progress of the consultation on the US economic stimulus package.

The port pressure of pure benzene is still under pressure, and the process of de stocking is slow. In addition, the price difference between internal and external markets is large, and the import pressure is increasing. However, in November, the downstream is expected to have new demand, which has a certain support for the price of pure benzene, and the pure benzene has a good resistance to fall. It is expected that the trend of pure benzene will remain weak and stable next week.

According to the monitoring of the business agency, the price of activated carbon was 10933 yuan / ton at the beginning of this week and 10933 yuan / ton at the end of this week, and the price remained unchanged.

The price of activated carbon in China is stable. At present, the ex factory price of activated carbon for water purification of coconut shell in East China is about 7000-12000 yuan / T; the overall market inventory is still in stock, and the transaction is fair, and the environmental protection policy has been boosted.

The cost pressure of coconut shell, fruit shell and charcoal as the main raw materials in the upstream of activated carbon was supported, and the demand turned better; the cost support of coal based carbon raw materials was weak. The downstream power, medicine and other demand industries purchase goods according to the order. The purchase market of activated carbon for air purification and water purification is favorable, and the environmental protection policy boosts the activated carbon market.

Forecast: the main market of activated carbon is stable, the price has no obvious adjustment, and supply and demand are in stalemate.

Price trend of spot precious metals

According to the data of business agency, the spot price of gold on October 30 was 403.78 yuan / g, a decrease of 1.80% compared with the average price of 397.40 yuan / g in the spot market at the beginning of the month (10.1); the spot price of gold was 342.54 yuan / g at the beginning of the year, up 16.02%; the spot price of gold was 331.75 yuan / g, up 19.79% compared with the peak price of (8.7) silver in the year/ G, down 11.29%.

On October 30, the average price of silver market was 4947.33 yuan / kg, a decrease of 1.47% compared with the average price of spot market at the beginning of the month (October 1); the spot price of silver at the beginning of the year (01.01) was 4281.67 yuan / kg, an increase of 13.05%; the spot price of silver was 2942.67 yuan / kg, up 68.12%; compared with the peak price of 8.11, the spot price of silver was 6708.33 yuan / kg , down 26.25%.

Year on year decline in physical demand

According to the data of the world gold association, global gold demand in the third quarter was 892.3 tons, down 19% year-on-year. According to historical statistics, this is the lowest total quarterly demand since the third quarter of 2009. Among them, the global demand for gold jewelry in the third quarter was 333.0 tons, 29% lower than that in the same period in 2019;

From the first quarter to the third quarter of 2020, the total global demand for gold is 2972.1 tons, down 10% year-on-year.

Domestic, the actual consumption of gold is 548.09 tons. Among them, the consumption of gold jewelry was 343.08 tons, a year-on-year decrease of 34.43%; gold bars and gold coins were 142.52 tons, a year-on-year decrease of 14.07%; industrial and other uses consumption was 62.49 tons, a year-on-year decrease of 21.11%.

Investment demand pushes noble metal prices to slow down in the third quarter

In the first three quarters of 2020, the cumulative inflow of global gold ETFs is 1003.3 tons. At present, the global gold ETF total position reached 3880.0 tons, a record.

Among them, the increase in global gold ETFs in the third quarter of 2020 was 272.5 tons, slower than that in the first half of 2020.

Physical investment surged in the third quarter

In the third quarter of 2020, the global investment demand for gold bars and gold coins was 222.1 tons, with a year-on-year increase of 49%. There was strong growth in retail investment markets, such as Western markets, China and Turkey, but continued strong net sales in Thailand.

Global central bank gold demand net sales

In the third quarter of 2020, global central bank gold demand showed a net sale of 12.1 tons, the first quarter since 2010.

Future forecast

After the continuous rise of precious metals driven by investment demand, the price of precious metals reached the current year’s peak in the third quarter, and then the market heat retreated slightly with profit taking.

Ye Jianjun, an analyst at the business agency, believes that the monetary easing policies of the major central banks continue, and the price supporting factors are still there. In addition, the geopolitical risks such as the Sino US situation and the Taiwan Strait situation are relatively strong, and the space for further price reduction of precious metals is narrowed, and the probability of stabilizing the horizontal market is increased.

Key indicators for future market

1. Global GDP and other data will be released

2. The three central banks of Japan, euro zone and Canada will announce the interest rate resolution

3. US bipartisan stimulus plan negotiations and US election progress

According to the data monitored by the business agency, the market of potassium carbonate showed a downward trend in October. At the beginning of the month, the average ex factory price of domestic light potassium carbonate was 6187.50 yuan / ton, and at the end of the month, the average price of domestic light potassium carbonate was 6150.00 yuan / ton, a decrease of 0.61%. The current price fell by 0.61% month on month, and the current price was 4.47% lower than that of last year.

This month, the domestic market of potassium carbonate fell slightly, and the operating rate of downstream plants did not rise significantly. Most of the raw materials were purchased on demand. The trading atmosphere of potassium carbonate market was not warm and the actual transactions were less. Generally speaking, the attitude of potassium carbonate manufacturers was low, and the market was in the situation of oversupply. According to the statistics of the business agency: this week, the mainstream factory quotation range of industrial grade potassium carbonate in China is about 5900-6400 yuan / ton (the quotation is for reference only), and the quotation is different according to the purchase situation.

Recently, the actual transaction of potassium chloride market is not good. The ex factory quotation of Qinghai Salt Lake potassium chloride at the weekend is 1850 yuan / ton, which is temporarily stable compared with the beginning of the week. On the whole, the main contradiction in the market is that the supply exceeds demand, the trading atmosphere is cold, the downstream procurement is mainly demanding, the overall inventory is low, the purchasing market kinetic energy is low, and the domestic potassium chloride market is stable. Limited support for potassium carbonate.

Business Club potassium carbonate analysts believe that the recent supply of potassium chloride port supply is relatively adequate, the market is in a high consolidation. Domestic potash fertilizer market new deal is not positive. The price of potassium carbonate is expected to decline slightly in the short term, and the long-term market still needs to wait and see. (the above prices are provided by major potassium nitrate manufacturers all over the country and analyzed by potassium carbonate analysts of business club for reference only. Please contact relevant manufacturers for more price details.).

The “silver ten” market is coming to an end, and the demand side is gradually weakening. According to the price monitoring of business agencies, the domestic cocoon and silk market showed a downward trend at the end of October. The current average price of raw silk market is 295000 yuan / ton, down 3.12% compared with the 25th, and 28.05% year-on-year; the average price of dried cocoon market is 90500 yuan / ton, down 0.82% compared with the 25th and 33.82% year-on-year. At present, the price of dried cocoon is 89000 yuan / ton and that of raw silk is 300000 yuan / ton in Guangxi.

Autumn cocoons in Guangxi continue to be listed. According to some local cocoon stations, the purchase price in Yizhou is maintained at about 42-44 yuan / kg; Baise’s purchase price is higher, reaching about 42-45 yuan / kg due to its better cocoon quality. Yunnan Dali cocoons began to be listed in the late autumn. At present, the purchase price is 39-40 yuan / kg, which is still in the initial stage of listing, and the quantity of cocoons on the market is relatively small.

The purchasing work of autumn cocoon in Qidong City, Jiangsu Province has been finished. The average price of autumn cocoon purchase this year is 32 yuan / kg, which is 28.89% lower than 45 yuan / kg in the same period of last year, and 5.88% lower than that of 34 yuan / kg this year. However, the average yield of autumn cocoon this year is 45.5 kg, which is the highest per unit yield for many years, which is 28.17% higher than that of 35.5 kg in the same period last year, and is basically the same as this year’s spring cocoon.

The fifth batch of cocoons in Chun’an County, Zhejiang Province, took the lead in purchasing cocoon stations such as Langchuan and fenkou on October 12. By October 25, all cocoons had been collected and dried. This year’s late mid autumn cocoon yield is high, good quality, the average yield of nearly 40 kg, but the purchase price has dropped compared with the same period last year. In the late Mid Autumn Festival, 11492 cocoons were distributed, 378.5 tons of cocoons were purchased, and the purchase price was 43.8 yuan / kg.

The international and domestic textile and clothing markets continue to pick up as the “double 11″, Christmas, Spring Festival and other festivals are approaching. According to the latest data of the General Administration of customs, in September 2020, the export of textiles and clothing reached 28.37 billion US dollars, an increase of 18.2%, including 13.15 billion US dollars of textile exports, an increase of 35.8%, and clothing exports of 15.22 billion US dollars, an increase of 6.2%. In addition, this year’s cold winter is expected to be good for this year’s winter clothing sales, winter cold resistant fabric more goods, factory orders to maintain near the early ten days of November. For example, in the traditional market of China Light and Textile City, the varieties of new fashion fabrics and leisure top fabrics in autumn and winter increased, and the transaction volume of many varieties increased.

According to business agency analysts, the epidemic situation in foreign countries is still severe, and some European and American countries and regions have taken restrictive measures again. There is still great uncertainty in demand recovery, and textile enterprises also have concerns. Therefore, most enterprises still choose to purchase on demand and produce according to order. At the same time, the domestic demand market will enter the traditional off-season in November, and the price of cocoon silk will also show a weak trend at the end of the month. Therefore, it is expected that the price of cocoon and silk will continue to weaken in November.

Price trend

According to the business agency data monitoring, DOP price fell this week, DOP market weakened. As of October 26, DOP price was 7433.33 yuan / ton, down 0.45% from 7466.67 yuan / ton at the beginning of last week (October 19).

Upstream market of industrial chain

As can be seen from the phthalic anhydride trend chart, this week, the rise of DOP raw material phthalic anhydride market slowed down, phthalic anhydride price rose by 1.32%, DOP cost rose by shock, and DOP market maintained strong stability.

As can be seen from the octanol price trend chart, the octanol market weakened this week, the octanol price fell by 0.22%, the DOP cost decreased, and the DOP market fell.

Downstream market of industrial chain

As can be seen from the PVC price trend chart, this week, the PVC market fluctuated and rose, the PVC price slowly recovered and rose, with an increase of 0.70%. The PVC market fluctuated and rose. The overall PVC market growth slowed down, and the plasticizer DOP market was more favorable.

Market review and future expectation

According to Bai Jiaxin, DOP data analyst of business agency, this week, DOP raw material octanol price fell, phthalic anhydride price rose, phthalic anhydride market recovered, octanol market fell, DOP cost rose; in the downstream, PVC price growth slowed down, PVC market temporarily stabilized, and DOP downstream demand weakened. In general, DOP industry chain is easy to go down, the rising power of DOP is weakened, the downward pressure is increased, and the overall DOP market is lower.

1、 Price trend

According to commodity data monitoring, isopropanol prices fell this week. At the end of last week, the average price of isopropanol in China was 8500 yuan / ton, while that of this weekend was 8133.33 yuan / ton. During the week, the price was reduced by 4.31%.

2、 Market analysis

This week, isopropanol prices fell, affected by the fall in acetone, isopropanol prices fell. Internationally, isopropanol in the United States closed down on October 20, while the European isopropanol market closed down slightly. So far, the negotiation range of isopropanol in Shandong Province is about 8200-8300 yuan / ton, and that of Jiangsu Province is about 8100-8200 yuan / ton. Zhejiang isopropanol negotiation range of 7900-8100 yuan / ton. The quotation of propylene isopropanol is about 8300 yuan / ton.

As for raw materials, as of the 22nd, the main offers of acetone in the national mainstream market were 6500-6600 yuan / ton in East China, 6800-6850 yuan / ton in surrounding areas of Yanshan and Shandong, and 7000 yuan / ton in South China. Most of the factories implement 6700-6800 yuan / ton, of which the price of acetone of Sinopec in North China is 7100 yuan / ton. As of the time of publication, the price plan of Sinopec in North China will be lowered, which is still under approval. It is expected that the short-term acetone market will be weak and stable.

As for propylene, as of October 22, the market price of propylene in Shandong remained stable. According to the price chart of the business agency, since October 1, the price of propylene has remained stable on the whole, with some enterprises’ prices rising and falling slightly this week. On Friday, only a few enterprises’ prices fell slightly. Most enterprises continued to keep stable. However, the prices fell in a wide range since the weekend, with a drop of about 200 yuan / ton on the 19th, and individual downward movements from the 20th to the 22nd, most of which remained unchanged. The transaction volume is now between 7100 and 7650 The mainstream price is about 7300 yuan / ton. Now the pressure of shipment is slightly increased compared with the previous period. Therefore, it is expected that the price of propylene will continue to stabilize in the near future.

3、 Future forecast

The isopropanol analyst of chemical branch of business club thinks: the price of raw material acetone drops, and the price of propylene market keeps stable. Cost support is weak; in the international aspect, the price of isopropanol in the United States fell, and the export orders of isopropanol decreased. The domestic market demand is light, and traders mainly wait and see. If the price of acetone still exists or continues to be weak, and there is no support for downstream demand, it is expected that isopropanol will also decline with its storage. Follow up on the change of news coverage.

According to the data monitoring of business agency, as of October 21, the reference average price of 30% grade phosphate ore in domestic mainstream areas was around 386.67 yuan / ton, which was increased by 10 yuan / ton or 2.65% compared with October 1.

New order gradually follow up domestic phosphate rock market stable operation

At present, the overall operation of domestic phosphate ore market is stable. While enterprises supply orders from old customers, new orders gradually follow up. The rising market of yellow phosphorus in the downstream has provided stable price support for raw phosphate rock. As of October 21, the current quotation of 30% grade phosphate ore in Guizhou is 300-360 yuan / ton, and the transaction price is around 290-340 yuan / ton. Guizhou Qingli group mainly supplies 30% quality phosphate ore The new contract price of 30% phosphate ore raw ore is 300 yuan / ton, and the transaction is close to 285 yuan / ton. In this week’s stable sorting of phosphate ore market in Yunnan, 28% of the raw ore car plate quotation reference is around 280 yuan / ton, 29% of the raw ore car plate quotation reference is around 310 yuan / ton.

In terms of downstream, yellow phosphorus, after the double festival, the domestic yellow phosphorus market rose. In recent two days, the market mainstream was stable, the transaction price of sporadic factories increased slightly, and the trading atmosphere was general. At present, the reference transaction price of Yunnan Net phosphorus factory acceptance was 15600-16200 yuan / ton. The market quotation of phosphoric acid was raised slightly with raw materials.

In terms of the industry, the 11 times of China phosphorus exchange auction for phosphate ore, with a total of 135000 tons in 12 bid sections, all of which were successful, including 41000 tons for four bid sections of Erjie branch, 47000 tons for four bid sections of LiuJie branch, and 47000 tons for four bid sections of Shangsuan branch. Among them, the transaction price of 25.91% quality raw ore yard of Erjie branch is 193 yuan / ton, that of 31.81% is 338 yuan / ton, that of 32.09% is 340 yuan / ton, and that of 33.44% is 420 yuan / ton. Among them, the transaction price of 18.23% quality raw ore yard of LiuJie branch is 48 yuan / ton, that of 19.54% is 56 yuan / ton, that of 21.43% is 78 yuan / ton, and that of 22.19% is 98 yuan / ton. The transaction price of 17.00% grade raw ore yard of Shangsuan branch is 44 yuan / ton; the transaction price of 23.90% grade raw ore freight yard is 180 yuan / ton, that of 24.36% grade raw ore yard is 184 yuan / ton, and that of 25.75% grade raw ore yard is 225 yuan / ton.

Downstream on demand procurement stable short-term market

At present, the phosphorus ore market trading atmosphere is not warm, the new order gradually follow-up, the speed is general. Phosphate rock price upward weakness, so business club phosphate ore analysts believe that the short-term China’s phosphate ore market is mainly stable, some regions or small narrow range adjustment.

1、 Price trend

According to the monitoring data of the business agency, the average ex factory price of domestic chlorinated paraffin 52 grade I products was 4933 yuan / ton on October 12, and 4933 yuan / ton on October 16, respectively. The price market was stable this week.

2、 Market analysis

Chlorinated paraffin prices are stable this week. The factory quotation of chlorinated paraffin 52 in Jiangsu Province is 4600-5100 yuan / ton, that in Hebei Province is 4600-4900 yuan / ton, and that in Henan Province is 4400-5200 yuan / ton. The factory quotation of chlorinated paraffin 52 in Northeast China is 4400-5300 yuan / ton. The factory quotation of chlorinated paraffin 52 in Shandong Province is 4300-4700 yuan / ton. The factory quotation of chlorinated paraffin 52 in Northwest China is 4600-5300 yuan / ton. The factory quotation of chlorinated paraffin 52 in East China is 4800-5000 yuan / ton. The factory quotation of chlorinated paraffin 52 in North China is 4500-5000 yuan / ton. The factory quotation of chlorinated paraffin 52 in South China is 4600-5000 yuan / ton.

The price of raw materials is stable this week. The price of raw material liquid wax is stable this week, and it is weak and stable in the short term. Due to the decrease of the supply of raw material liquid chlorine in some regions, the price of liquid chlorine increased, and the market price fluctuated slightly.

3、 Future forecast

The analysis of chlorinated paraffin in Business Club believes that the current market trend of chlorinated paraffin raw materials is relatively stable, the cost support is OK, and there is room for downward adjustment in the later stage. The downstream demand for chlorinated paraffin is fair, and the shipment is stable. It is expected that the market of chlorinated paraffin will run smoothly in the short term.

Trade name: sulfuric acid

Latest price (October 19): 397.50 yuan / ton

On October 19, the market price of sulfuric acid in Shandong was temporarily stable, which was in line with the quotation on October 16. Although the upstream sulfur market has risen slightly recently and the cost support is good, the downstream purchasing enthusiasm is general and the sulfuric acid supply is normal.

Recently, the market price of sulfuric acid in Shandong Province may fluctuate slightly, and the quotation is about 400 yuan / ton.

According to the data monitored by the business agency, the average ex factory price of light potassium carbonate in China this week is 6187.50 yuan / ton, the current price is up 0.2% month on month, and the current price is down 3.70% compared with last year.

This week, the domestic market of potassium carbonate is stable, the price fluctuation is not big, and the demand side is weak. The downstream factories take more goods on demand, and the inventory is relatively sufficient. According to the statistics of the business agency, the mainstream ex factory quotation range of domestic industrial grade potassium carbonate this week is about 5950-6400 yuan / ton (the quotation is for reference only), and the quotation is different according to different purchasing conditions.

This week, the quotation of mainstream manufacturers of potassium chloride is temporarily stable: the ex factory quotation of Qinghai Salt Lake potassium chloride at the weekend is 1850 yuan / ton, which is temporarily stable compared with the beginning of the week; the quotation of Anhui Badou potassium chloride sales at the weekend is 2000 yuan / ton, which is temporarily stable compared with the beginning of the week. Most of the imported potassium sources are concentrated in the hands of large traders, and the low price is hard to find. However, the overall transaction is not positive, the trading atmosphere is cold, and the domestic potassium chloride market is not volatile. Limited support for potassium carbonate.

Potassium carbonate analysts of the business club believe that the import of potash in the domestic potash fertilizer market is at a high level in the near future, the unit operating rate of downstream factories is not high in the near future, and the market volume is weak, showing a slight deadlock. It is expected that the price of potassium carbonate will rise slightly in the short term, and the long-term market still needs to wait and see. (the above prices are provided by major potassium nitrate manufacturers all over the country and analyzed by potassium carbonate analysts of business club for reference only. Please contact relevant manufacturers for more price details.).

Recently, international oil prices have fluctuated. Analysts believe that the main reasons for the sharp fluctuation of international oil prices are the rebound of multi-national epidemic situation, the end of summer oil peak season and geopolitics. Although hurricane Delta has reduced the offshore crude oil production in the Gulf of Mexico, it can only support international oil prices in the short term.

International oil prices fell on the 9th. By the end of the day, light crude oil futures for November delivery on the New York Mercantile Exchange fell $0.59 to $40.60 a barrel, or 1.43%; London Brent crude oil futures for December delivery fell $0.49 to $42.85 a barrel, or 1.13%.

Bjornar tohyugan, senior vice president and head of the oil market at leista energy, believes that after the hurricane and other influencing factors disappear, oil prices will soon appear a correction. At present, the base of oil price above $40 per barrel is not stable.

In the future, investors will focus on the impact of factors such as the development of the epidemic situation, the recovery of crude oil in Libya, whether the production reduction plans of major oil producing countries will be adjusted, and the progress of the new round of negotiations on fiscal stimulus measures in the United States on international oil prices.

December gold, the most actively traded gold futures market on the New York Mercantile Exchange, rose $31.1 to $1926.2 an ounce, or 1.64%, from the previous day. Market participants believe that the decline in the dollar index is the main reason for the rise in gold prices on the day. Howie Lee, an economist at overseas Chinese bank, said the fall in the US dollar and the rise in inflation expectations after the market rekindled hope for a new round of stimulus plan were the factors driving up the gold price. ANZ believes that a large amount of money supply, low interest rates and uncertainty in the macro environment will support gold investment.

On September 29, the cryolite commodity index was 68.83, flat with yesterday, down 31.99% from 101.21 (2011-10-31), and 3.74% higher than 66.35, the lowest point on September 05, 2016. (Note: period refers to 2011-09-01 to now)

According to the data from the business club’s bulk list, the price trend of domestic cryolite market is stable. The average price of cryolite in Henan is 5666.67 yuan / ton, down 10.29% compared with last year. At present, the ex factory price of cryolite in Henan Province is 4800-6200 yuan / ton, and that in Shandong Province is 5200-6800 yuan / ton. The manufacturers start normal equipment, have sufficient inventory, and the downstream demand is general, so they purchase on demand. The enterprises hold a wait-and-see attitude.

On the upstream side, the price of fluorite remained stable, with an average price of 2666.67 yuan / ton in the domestic market. The domestic fluorite manufacturers operated normally and the sales situation was general. In the near future, the supply of fluorite in the market was slightly tight, and the fluorite price might rise slightly in the later stage. In terms of downstream aluminum industry, the price of electrolytic aluminum has rebounded and social inventory has moved down, but the phenomenon of market oversupply still exists, and the demand performance is not as expected by the market, and the aluminum industry may be consolidated in the later stage.

Cryolite product analysts of business agency believe that: cryolite manufacturers’ devices operate normally, supply is sufficient, manufacturers’ quotation is mainly stable, downstream electrolytic aluminum market consolidation operation, insufficient demand, driving the cryolite market is not big, it is expected that the cryolite market will be weak and stable in the later stage, and the specific attention should be paid to the market demand.

1、 Price trend of propylene oxide

(Figure: P value curve of propylene oxide product)

2、 Market analysis

The market of propylene oxide rose sharply in September. As of September 28, the average price quoted by propylene oxide enterprises was 18733.33 yuan / ton, an increase of 37.07% compared with September 1, and an increase of 85.48% over the same period of three months.

In the first half of September, the market of propylene oxide was strong and upward. On the 15th, the average price quoted by propylene oxide enterprises was 15466.67 yuan / ton, which was 13.17% higher than that on the 1st day (13666.67 yuan / ton). The main reasons for the increase were that there was no accumulation of propylene oxide plants, the downstream transmission was positive, the volume price follow-up was stable, the market trading was smooth, and the main offer continued to rise.

The propylene oxide market continued to rise in the second half of September. As of the 28th, the average price quoted by propylene oxide enterprises was 18733.33 yuan / ton, which was 18.57% higher than that on the 16th (15800 yuan / ton). The main reason for the rise was the growth of terminal demand, the continuous shortage of propylene oxide supply and the continuous rise of the market. At present, the inventory of propylene oxide plant is still under no pressure, the holiday is approaching, and the market trading rhythm is slowing down. However, the main downstream still maintains stable procurement, and the market continues to rise. On the 28th, the mainstream quotation of propylene oxide Market in Shandong was around 18300-18700 yuan / ton.

Upstream propylene, as of September 28, the market price of propylene in Shandong was almost stable. According to the price chart of the business agency, since September 1, the price of propylene has been rising all the way, and the upward range is getting bigger and bigger. Up to the fourth day, the total price rose by 300 yuan / ton. From the seventh to the tenth, the first round of downward adjustment occurred, with a total reduction of 100-150 yuan / ton. After that, it was slightly stable. From the 13th, the price went up again, up 350 yuan / ton on the 17th. On the 17th, the price remained stable, and the price decreased slightly on weekends On the 21st, some enterprises went down 50-100 yuan / ton, and from Monday 21, the prices were generally stable. On the 24th, the prices of individual enterprises began to decline slightly, and on the 25th, the prices of some enterprises showed a slight upward trend. Today, the prices of enterprises have hardly moved. The market transaction is still between 7300 and 7650 yuan / ton, and the mainstream price is still around 7450 yuan / ton. Most propylene manufacturers have controllable inventory.

According to the price monitoring data of downstream n-propanol, as of September 28, the reference average price of domestic n-propanol with packaging in mainstream areas was around 11366.67 yuan / T, down 3.12% compared with the price at the beginning of the month; the overall market price of propylene glycol in downstream was stable in September. According to the monitoring data of business agency, as of September 28, the average ex factory price of domestic propylene glycol was in reference Compared with the price at the beginning of the month, the price of ke9166.67 yuan / ton increased by 17.52%; as of September 27, the downstream soft foam polyether market was in consolidation and operation, the price of raw material propylene oxide was high, the cost support was strong, and the downstream was resistant to the high price. The new order was followed up and reduced, but there was still a small amount of stock, and the transaction was OK.

3、 Future forecast

The propylene oxide analysts of the business agency believe that the recent high price of raw material propylene, propylene oxide plant inventory is still not under pressure, the holiday is approaching, downstream just need to purchase, high wait-and-see sentiment is strong, it is expected that in the short term, the propylene oxide market will be mainly high-level wait-and-see operation, and more attention should be paid to the market information guidance for the specific trend.

International crude oil prices fell, gasoline market maintained rigid demand, gasoline market prices fell slightly, MTBE market purchasing enthusiasm was not high before the festival, market prices fell slightly. The price of MTBE on September 25th was 2593 yuan / ton, down 4.43% from the price at the beginning of the week, according to business agency data.

With the Mid Autumn Festival holiday approaching, residents have increased their driving trips, but the temperature has dropped, the fuel consumption of gasoline air conditioning has decreased, and the overall consumption of gasoline has maintained a just demand. In addition, the international oil price has declined, and the domestic oil product market price has declined slightly. At present, there are abundant gasoline resources in the market, the inventory is at a high level, the purchasing enthusiasm of MTBE and other intermediate materials is not high, and the market demand of MTBE is greatly limited. MTBE manufacturers are mainly to reduce prices to promote inventory.

According to the MTBE product analyst of energy branch of business agency, the crude oil price is expected to decline in the international crude oil market, and the upward trend of crude oil price is weak. However, after the mid autumn National Day festival, the gasoline market will usher in a replenishment peak, and the demand for MTBE and other intermediate materials will be supported, and the domestic MTBE market price is expected to rise.

According to the data monitored by the business agency, at the beginning of the week, the average ex factory price of domestic light potassium carbonate was 6175.00 yuan / ton, and the average price of domestic light potassium carbonate was 6187.50 yuan / ton at the weekend, with an increase of 0.2%. The current price was down 0.2% month on month, and the current price was 3.88% lower than last year.

This week, the domestic potash market rose slightly, and the atmosphere was general. The demand for raw materials of downstream factories is relatively light, so purchasing on demand can restrain the price increase, and the price adjustment range is not large. According to the statistics of the business agency: this week, the mainstream factory quotation range of industrial grade potassium carbonate in China is about 5900-6400 yuan / ton (the quotation is for reference only), and the quotation is different according to the purchase situation.

This week, the market of potassium chloride is high and firm, and the supply of port import potassium is relatively sufficient. However, most of the goods are concentrated in the hands of traders to control the sales. The actual transaction is relatively light and small orders are mainly used. On the formation of certain support for potassium carbonate, potassium carbonate market rose slightly.

Potassium carbonate analysts of the business club believe that the potash fertilizer market has maintained a strong trend in the near future, traders’ quotation has not been adjusted greatly, and the supply of imported potassium is relatively sufficient. It is expected that the price of potassium carbonate will rise slightly in the short term, and the long-term market still needs to wait and see. (the above prices are provided by major potassium nitrate manufacturers all over the country and analyzed by potassium carbonate analysts of business club for reference only. Please contact relevant manufacturers for more price details.).

1、 Price trend

According to the data of business agency, on September 18, the average price of domestic LNG was 2373.33 yuan / ton, up 0.14% from the beginning of the week, 1.39% lower than the beginning of the month, 3.26% month on month, and 18.16% lower than the same period last year.

2、 Analysis of influencing factors

This week, domestic liquefied natural gas prices first depressed and then rose slightly. At the beginning of the week, the domestic LNG level was slightly higher, the liquid price was slightly lower, and the shipment was smooth in the middle and late weeks, and the price was steadily increased. At present, the domestic LNG market as a whole is still operating stably, with the rise and fall of individual regions showing mutual rise and fall. The quotation of liquid plants is adjusted in a narrow range according to their own shipment situation. Among them, Shaanxi, Ningxia, Inner Mongolia and other places have a strong atmosphere of adjustment, but the increase is not large. After the continuous price reduction in the early stage, the current inventory pressure is not big, the shipment situation is improved, the superimposed weather turns cool, the bad factors in the off-season demand gradually fade, the market transaction is stable, and the market is expected to continue to rise, but the market supply is abundant, or will inhibit the liquid price to have a large increase. In the short term, the domestic LNG market may continue to be stable and fluctuate slightly.

In terms of supply and demand, the overall operating rate is around 60% this week, and the operating rate in some areas has decreased. On the 18th, Hubei Huanggang liquid plant resumed production and sales, and other liquid plants with larger production capacity also have plans to start operation in the near future, and the on-site supply has steadily increased. In the near future, the arrival time is dense, the import gas is sufficient, and the price is relatively stable. The downstream vehicle demand is better, the industrial gas consumption is slightly improved, the overall market demand is better than before, but less than expected, and the support is limited.

Natural gas production slowed down in August, according to the National Bureau of statistics. The growth rate of natural gas import has changed from negative to positive. In August, 14.2 billion cubic meters of natural gas were produced, with a year-on-year increase of 3.7%, and the growth rate was 1.1 percentage points slower than that of the previous month; the average daily output was 460 million cubic meters, which was the same as last month. From January to August, 122.5 billion cubic meters of natural gas was produced, an increase of 8.8% year on year. In August, the import of natural gas was 9.36 million tons, up 12.3% year-on-year, and decreased by 6.4% last month. From January to August, the import of natural gas was 65.07 million tons, with a year-on-year increase of 3.3%.

As of September 18, the average price of domestic LNG was 2373.33 yuan / ton, that of Inner Mongolia was around 2380 yuan / ton, that of Shaanxi was 2490 yuan / ton, that of Shanxi was 2610 yuan / ton, that of Xinjiang was 2410 yuan / ton, and that of Ningxia was 2390 yuan / ton. The overall price of liquid was stable and fluctuated in a narrow range.

Production capacity rose and fell on September 14

Inner Mongolia Shitai 550000 cubic meters / day 2350 yuan / ton 2350 yuan / ton

Star energy 1 million cubic meters / day 2400 yuan / ton 2400 yuan / ton 0

Inner Mongolia Sentai 1.2 million cubic meters / day 2350 yuan / ton 2350 yuan / ton

Zhongyuan green energy 3 million cubic meters / day 2370 yuan / ton 2360 yuan / ton 10

Shengdazizhou: 1 million cubic meters / day, 2450 yuan / ton, 2450 yuan / ton

Dazhou Huixin: 1 million cubic meters / day: 2930 yuan / ton: 2930 yuan / ton

Ningxia Hongxing 1 million cubic meters / day 2400 yuan / ton 2380 yuan / ton 20 yuan

Qinshui Xinao — 2700 yuan / ton 2700 yuan / ton 50 yuan

Xinjiang Qinghua: 300000 cubic meters / day: 2700 yuan / ton: 2700 yuan / ton

Naomao lake, Xinjiang (east of Lanzhou) 1.5 million m3 / day, 1900 yuan / ton, 1900 yuan / ton

For the downstream liquid ammonia, the domestic liquid ammonia market remained stable in most regions this week, while Hebei continued to maintain the steady state last week. The price in Shandong first fell and then rose, and the price stabilized at the weekend, At the beginning of this week, the price of liquid ammonia in Shandong decreased for two consecutive days, the range was about 150 yuan / ton, and the price rose slightly at the weekend. Before the beginning of the week, the main equipment of large factories was still in the maintenance period, the liquid ammonia shipment increased significantly, the manufacturers’ inventory pressure gradually increased, and the enterprise’s quotation was mainly based on the corresponding margin. However, at the end of the week, the enterprise’s equipment material returned to stability, so the price stabilized and rebounded slightly In the near future, prices will remain stable.

Urea, Shandong urea factory quotation rose. The recent high-level consolidation of upstream liquid ammonia has a good cost support. Domestic demand is fair, agricultural demand in some areas has followed up, and industrial demand follows the market and purchases on demand. In terms of supply, some devices were overhauled and some of them were in short supply. The average price of urea is expected to rise after short-term fluctuation of 1700 tons.

Due to the influence of enterprises’ negative pressure and low inventory, the spot supply of dichloromethane in Shandong decreased slightly. In addition to the high price of liquid chlorine for raw materials, the price of dichloromethane in Shandong Province rose strongly. At present, the inventory pressure of dichloromethane production enterprises in Shandong is not big. In addition, some traders prepare goods before the festival, and the downstream buyers have a strong mentality, and the enterprises have good intention of supporting prices. It is expected that they will be strong in a short period of time.

3、 Future forecast

LNG analysts from the business agency believe that: as the weather turns cool, the effect of negative factors in the off-season is weakening, the market trading is relatively stable, and the shipment in some regions turns smooth, and the price rises. However, near the holidays, in order to avoid poor transportation during the holidays, the factories usually promote before the festival, and the on-site supply is abundant. It is expected that the domestic LNG market will remain stable and have a downward trend in the short term.

1、 Price trend

According to the monitoring of the bulk data of the business agency, the market of chloroform in Shandong has been running steadily. As of September 18, the average price of chloroform in Shandong was about 1830 yuan / ton, up 1.67% compared with 1800 yuan / ton at the beginning of the week, and 2.66% lower than the same period of last month.

Production capacity and operation of the enterprise

Shandong Jinling 440000 tons / year, Dawang plant is full load, Dongying plant is 60%

Dongying Jinmao 120000 tons / year parking

Luxi Chemical Industry: 400000 tons / year: 80%

Jiangsu Liwen 160000 tons / year normal

Jiangxi Liwen: 120000 tons / year: 50%

Due to the impact of enterprise burden reduction and low inventory, the spot supply of chloroform in Shandong decreased slightly. In addition, the price of chloroform in Shandong was strong and upward. The price of chloroform in East and South China was driven by the influence of Shandong. At present, the quotation of Shandong Province is about 1800 yuan / ton, that of Jiangxi Liwen is about 2300 yuan / ton, and that of Jiangsu Province is about 2650 yuan / ton.

In the upstream market, affected by the strong trend of futures, the quotation of methanol market in various regions has also increased to varying degrees. Some production enterprises temporarily shut down their devices, and the shipment of enterprises is fair, and the manufacturer’s offer is firm. It is expected that the domestic methanol market will fluctuate at a high level in the short term, at present, it is about 1807 yuan / T; the liquid chlorine market is at a high level, and the enterprise’s inventory is declining, and the maintenance of some devices has not been restored Moreover, the supply and demand in the industry is relatively balanced. At present, the mainstream quotation in the industry is about 700-900 yuan / ton.

Under the influence of high cost pressure, the price of refrigerants has risen, but the support of the demand side is not enough, the demand of downstream car manufacturers is less, and the export is also poor. For the sudden surge of refrigerant, the receiving capacity is insufficient, and the enterprises are not able to ship. At the same time, the supply is abundant, and there are plans for new production capacity to enter the market. The contradiction between supply and demand is likely to deepen. Some enterprises have the phenomenon of cost inversion, and the future market situation is still not optimistic. The pharmaceutical and agricultural solvent industry started smoothly, and there was insufficient support for chloroform.

According to the methane chloride data of the business society, the inventory pressure of chloroform production enterprises in Shandong is not large at present. In addition, some traders prepare goods before the festival, and the downstream buyers have a strong mentality, so the enterprises have a good intention of supporting prices and are expected to run stably in a short period of time.

According to statistics, the price trend of domestic fluorite is temporarily stable. As of the end of the week, the average price of domestic fluorite was 2655.56 yuan / ton, which was the same as the price of 2655.56 yuan / ton at the beginning of the week, with a year-on-year decrease of 7.72%.

The price trend of domestic fluorite market is fluctuating. Recently, some manufacturers have reported that their goods are not in good condition, the downstream demand has not improved, and the fluorite price has not changed much. The operation of domestic fluorite manufacturers is stable, the operation of on-site mines and flotation devices is normal, the situation of fluorite in the yard is not good, and the fluorite market price remains stable temporarily. In the near future, the downstream hydrofluoric acid market price remained low, and the terminal downstream on-demand procurement was dominant, and the purchasing sentiment was not strong. As of the 18th day, the price of 97 fluorite wet powder in Inner Mongolia was 2400-2600 yuan / ton, the mainstream of 97 fluorite wet powder negotiation in Fujian was 2500-2700 yuan / ton, the price of 97 fluorite wet powder in Henan was 2600-2700 yuan / ton, and the price of 97 fluorite wet powder in Jiangxi was 2600-2700 yuan / ton, Recently, the domestic fluorite price remains stable.

The price trend of hydrofluoric acid downstream of fluorite is stable. As of the 18th day, the domestic hydrofluoric acid market price was 8460 yuan / ton. This week, the hydrofluoric acid market price remained low. The low hydrofluoric acid market price had a negative impact on the upstream fluorite market, and the fluorite market price trend was temporarily stable. In recent years, the sales market of automobile industry is general, but the market of refrigerant downstream of the terminal is slightly lower. There is no obvious improvement in the demand for refrigerants. The foreign economy is recovering continuously. However, the export of refrigerant terminal has not changed much. However, the domestic air-conditioning industry starts at a low level and the demand for maintenance and after-sales service is weak. On the whole, foreign demand has not improved significantly. At present, the load of refrigerant R22 manufacturers is not high, and the inventory is in a reasonable range. Although the market price has increased, the downstream receiving capacity is limited, and there is a lot of wait-and-see mood. The actual transaction center of gravity is shifted downward. Some traders are looking for positive shipment, and the quotation is slightly lower than the manufacturer’s ex factory price. There is a phenomenon of cost inversion. The mainstream of on-site negotiation is 15000-15500 yuan / ton 。 The domestic R134a market has risen, the automobile market industry continues to be depressed, the demand is weak, the market trading center has shifted downward, and the transaction atmosphere is light. There is sufficient supply of goods in the market, and there are new production capacity entering the market in the future market. The competition is fierce. The supply side gradually forms a negative situation. The price keeps falling. The downstream demand is not improved. The price of fluorite remains low.

On the whole, the market situation of downstream refrigerants is not good. In addition, hydrofluoric acid merchants have reported that hydrofluoric acid delivery is poor, and the downstream hydrofluoric acid market is in a serious deficit state. Chen Ling, an analyst at the business agency, believes that the fluorite market price may remain low in the short term.

Trade name: urea

Latest price (September 16): 1690.00 yuan / ton

On September 16, the factory price of urea in Shandong Province rose by 3.33 yuan / ton, or 0.2%, compared with that on September 14. The recent high-level consolidation of upstream liquid ammonia has a good cost support. Domestic demand is fair, agricultural demand in some areas has followed up, and industrial demand follows the market and purchases on demand. In terms of supply, some devices were overhauled and some of them were in short supply.

It is expected that the short-term urea market will fluctuate and rise slightly in the future: the average price quoted by manufacturers is about 1700 yuan / ton.

1、 Price trend

Price: the mainstream quotation of GPPS is 7650-8900 yuan / ton, and that of hips is 8700-9700 yuan / ton.

2、 Market analysis

PS market trend preference, offer generally up. However, the business operation is still cautious, the downstream side continues to purchase on demand, and the on-site real offer is limited. Zhanjiang Sino US PS ex factory price, 525 quotation is 8300 yuan / ton. The ex factory price of CITIC Guoan PS is 8250 yuan / T.

3、 Future forecast

PS market generally stable, some higher. Traders’ mentality is general, and most of them are accompanied by operation. The terminal demand is not improved much, and the real offer is negotiated.

On September 4, the U.S. WTI crude oil futures market prices fell sharply, with the settlement price of main contracts at $39.77/barrel, down $1.60, or 3.9%. Brent crude oil futures market price fell, the main contract settlement price to 42.66 US dollars / barrel, down 1.41 US dollars, or 3.2%. Oil prices fell, with the WTI hitting its lowest level since July, mainly due to slowing economic recovery, rising expectations, weak fuel demand, and the impact of lower oil prices in Saudi Arabia. According to monitoring, in the week of September 4, oil prices fell for three consecutive days, and the WTI fell by nearly 7%.

In the week of September 4, US stocks fell sharply for two consecutive trading days on Thursday and Friday, bringing unprecedented pressure on risky assets such as crude oil, and oil prices dragged down. The underlying reason is that the market is generally pessimistic about the prospects of economic recovery under the background of the epidemic. Indicators of the U.S. economy are also sluggish. For example, the U.S. employment data, which best reflects the economic situation, shows that the U.S. Labor Department released a non farm employment report for August on Friday, which showed that 1.37 million new jobs were created in that month, and the growth of the U.S. labor market slowed down again. This is the second consecutive month that private employment growth in the United States is lower than expected, and the prospects for economic recovery are still facing a test.

From the perspective of supply and demand, the pressure of market supply and demand can not be underestimated. Although the overall performance of US commercial crude oil inventory data on Wednesday was still good, it still failed to resist the pace of oil price downward. U.S. crude oil inventories, gasoline and distillate stocks fell last week, with U.S. crude oil inventories falling by 9.4 million barrels to 498.4 million barrels, according to the EIA report, with analysts predicting a decrease of 1.9 million barrels. This is mainly due to market concerns about future supply risks. At present, OPEC + oil producing countries have ended the record production reduction, and the scale of production reduction may be reduced in the later stage. Some market news also supports this point: earlier, the Iraqi side said that it needed to delay two months to reach the designated production reduction target, and the investigation results of some institutions showed that OPEC’s oil production in August increased by 950000 barrels / day to 2427 million barrels / day compared with the previous month, which was more than the results published by OPEC 400000 barrels / day.

According to the business agency, the recent oil price may still be disturbed by bad news from the market, and it is difficult to make a big breakthrough. On Saturday’s news, Saudi Arabia generally lowered the oil price, and the reduction rate generally exceeded the market expectation, indicating that the crude oil demand is still not optimistic. The superimposed epidemic situation is not expected to improve, and the downward risk of the US stock market is surging. All kinds of signs show that the oil price will still be under pressure in the short and medium term.

On the weekend of September 4, the domestic price of polysilicon stabilized and the price stopped rising. However, the price of silicon material is still at a high level, and the market is still in short supply. There is no sign of market correction for the time being. The main reason is that the market supply shortage is caused by the shutdown and repair or load reduction of the previous five enterprises. The price has stabilized obviously this week, thanks to the successive recovery of some production capacity in Xinjiang However, the supply increased slightly compared with the previous period. However, most of the enterprises kept their inventory at a low level, and the supply in some areas was tight, and the enterprises continued to sign orders in October. According to the monitoring of the business agency, the domestic mainstream transaction price of polysilicon with the model of first-class solar material is 68000-75000 yuan / ton.

In the near future, the silicon material enterprises in Xinjiang begin to resume production one after another. In the next two weeks, two devices in Xinjiang may reach full capacity, and the other two devices may still be in the state of load reduction and maintenance. However, the overall supply will gradually increase, the market shortage may be alleviated in the near future, and the polysilicon may continue to maintain a high level in the near future Consolidation, the possibility of continued high.

Note: the above price is tax inclusive

According to the monitoring of the bulk data of the business agency, the East China ethyl acetate market fluctuated and adjusted in August. At the beginning of the month, the average price of enterprises in East China was about 5600 yuan / ton, rising to about 5682 yuan / ton in the middle of the month, with an increase of 1.47%. At the end of the month, it dropped to about 5602 yuan / ton, an overall increase of 0.04% compared with the beginning of the month.

At the beginning of the month, affected by the maintenance of enterprises, the overall supply of domestic ethyl acetate Market declined, and the enterprises pushed up, but the increase was not large. After the middle of the month, the maintenance enterprises in the early stage recovered and the spot supply increased. In addition, the demand in the downstream market was flat, and the enterprises were forced to compete for sales. Due to the high cost, some enterprises were close to the edge of loss. At present, it is about 5450 yuan / ton in East China, 5400 yuan / ton in North China and 5750 yuan / ton in South China.

In terms of raw materials, the acetic acid market started high in the whole month, and the spot supply was sufficient. With the completion of enterprise maintenance, the situation of market supply exceeding demand intensified, and the price of acetic acid continued to decline. The ethanol market fluctuated downward, the transaction price of raw corn weakened, and the ethanol enterprise equipment gradually opened. In addition, the demand of downstream market was weak, and the transaction was soft.

The international market price of ethyl acetate fluctuated and adjusted. At present, the port price in European market is about 750-770 euro / ton; in North America, the port price is about 630-680 US dollars / ton.

The ethyl acetate analysts of the business agency believe that the current domestic ethyl acetate Market bearish sentiment still exists, the situation of market supply exceeding demand continues, enterprises are forced to yield profits to ship, but recently, with the price of acetic acid rising slightly, ethyl ester enterprises have speculation mood. It is expected that the ethyl acetate Market will be in a weak position in the short term, and it is necessary to pay attention to the market of raw materials.

1、 Price trend chart of nitric acid Market

Nitric acid price curve

According to the monitoring of business agency, the average price of nitric acid in East China this week is 1500 yuan / ton, and the quotation is temporarily stable.

2、 Market analysis

Anhui Jinhe quoted 1300-1350 yuan / ton, which was flat compared with last week; Shandong helitai Chemical Co., Ltd. quoted 1750 yuan / ton, which was flat compared with last time; Huainan Aodeli chemical products Sales Co., Ltd. quoted 1300 yuan / ton of concentrated nitric acid, which was 30 yuan / ton lower than last week; Wenshui Synthetic Chemical Co., Ltd. quoted 1580 yuan / ton of concentrated nitric acid and 810 yuan / ton of dilute nitric acid Compared with last week, the supply pressure of nitric acid market was high, the market transaction was not good, and the quotation of some manufacturers declined.

According to the monitoring of the business agency, the domestic liquid ammonia market remained stable in most regions this week. Shandong and Hebei regions also ended the rebound and the price was mainly stabilized. According to the monitoring of the business agency, the increase of liquid ammonia was 0.32% in the week of the 24th, and the mainstream market quotation was 2850-3050 yuan / T; the downstream aniline was stable this week, with an average price of 4350 yuan / ton, and TDI’s quotation was stable this week, The average price is 14333 yuan / ton.

3、 Future forecast

Nitric acid market transaction light, business agency nitric acid analysts predict that the price of nitric acid will fall.

Trade name: urea

Latest price (August 26): 1693.33 yuan / ton

On August 26, the factory price of urea in Shandong decreased, which was 26.67 yuan / ton or 1.55% lower than that on August 24. The upstream liquid ammonia has risen slightly in recent years, and the cost support is general. However, the demand for downstream agriculture is light, the starting load of compound fertilizer and plate enterprises is not high, the market trading atmosphere is weakened, and the middlemen are cautious in receiving goods.

It is expected that the short-term urea market will fluctuate slightly in the future, and the average price quoted by manufacturers will be about 1680 yuan / ton.

Trade name: br 9000

Latest price (August 19): 8220 yuan / ton

Analysis points: the domestic market price of cis-1,4-polybutadiene rubber was 8220 yuan / ton, up 0.24% over the previous day. The rising price of raw material butadiene drives the downstream synthetic rubber to follow up. According to the monitoring of the business agency, the current butadiene price is around 5387 yuan / ton.

Aftermarket forecast: the price of raw material butadiene is high, and under the pressure of cost, it is expected that the market of cis-1,4-polybutadiene rubber will continue to rise in the future.

1、 Price trend

This week, the factory price of octanol in Shandong decreased slightly. This week, the average price of octanol mainstream factory quotation in Shandong decreased from 7050.00 yuan / ton at the beginning of the week to 7000.00 yuan / ton at the end of the week, a decrease of 0.71%, and a year-on-year decrease of 4.11%. Overall, octanol market fell slightly this week, with the octanol commodity index of 51.47 on August 21.

2、 Market analysis

From the manufacturer’s quotation, the main octanol manufacturer’s ex factory quotation in Shandong Province fell this week: Jianlan Chemical Co., Ltd. quoted 7000 yuan / ton of octanol at the end of this week, 100 yuan / ton lower than that at the beginning of the week; lihuayi’s offer of octanol was 6950 yuan / ton at the end of this week, which was temporarily stable compared with the beginning of the week; Hualu Hengsheng’s offer of octanol was 7100 yuan / ton this weekend, which was temporarily stable compared with the beginning of the week.

From the upstream material market at the end of last year, the price of propylene increased by RMB 6955.0% to RMB 697.0%. Upstream raw material market prices rose, affected by the supply and demand side, had a positive impact on the price of octanol.

Octanol downstream market, DOP factory price rose slightly this week. DOP price rose from 6966.67 yuan / ton at the beginning of the week to 7000 yuan / ton at the end of the week, with an increase of 0.48% and a decrease of 3.23% compared with the same period last year. Although the downstream DOP price has slightly increased, the downstream customers are generally enthusiastic about octanol purchasing, and the demand for octanol is general. The low price consolidation of DOP has a negative impact on the market of octanol. After the market operators more watch the trend of DOP.

3、 Future forecast

In late August, the market trend of octanol in Shandong Province was mainly fluctuating. The upstream propylene price fell, the cost support was weak, the downstream DOP market was low consolidation, and the downstream purchasing enthusiasm was general. Octanol analysts believe that: in late August, under the influence of supply and demand, raw materials and other aspects, the octanol market in Shandong may fluctuate and fall slightly.

According to statistics, the trend of domestic p-xylene ex factory price was temporarily stable this week, with an average price of 4800 yuan / ton at the weekend, which was temporarily stable compared with the price of 4600 yuan / ton at the beginning of the week, with a year-on-year decrease of 34.29%.

The domestic PX operating rate is about 60%. The operation of Hongrun 600000 ton new unit is stable, Huizhou refining and chemical plant is stable, fuhaichuang plant is on the first line, Pengzhou petrochemical plant is running stably, Yangzi Petrochemical PX unit is running normally, Jinling Petrochemical plant is running smoothly, Qingdao Lidong unit is operating at full load, Qilu Petrochemical plant is running stably The start-up of Urumqi petrochemical plant is about 50%, and Hainan refining and Chemical Co., Ltd. has started a production line. Hengli petrochemical plant is in normal operation, the domestic p-xylene supply is normal, and the domestic p-xylene market price trend is temporarily stable. This week, the operating rate of PX units in Asia is about 70%, and the supply of PX goods is normal in Asia. This week, the price trend of PX external market is mainly volatile. As of the end of the week, the closing prices of PX market in Asia are 532-534 USD / T FOB Korea and 550-552 USD / T CFR China. This week, the external price of PX has not changed much. More than 40% of domestic products need to be imported, and the closing price of PX external market is shocked Swing to the domestic market to bring a certain support impact, domestic PX market price trend temporarily stable.

This week, the US WTI crude oil futures market price mainly fluctuated. As of the 20th, the settlement price of the main contract in the US WTI crude oil futures market was at US $42.82/barrel, while that of the Brent crude oil futures market was US $44.90/barrel. The main reason for this was that OPEC + oil producing countries needed to solve over 2 million barrels / day of excess supply, and the number of new US jobless claims increased unexpectedly, It shows that the process of economic recovery is slow, crude oil price trend is volatile, and domestic p-xylene market price trend is temporarily stable.

The price trend of downstream PTA market declined this week. As of the end of the week, the PTA Market in East China had been negotiated at 3500-3600 yuan. Recently, the starting load of PTA industry was 87%. During the week, PTA parking and maintenance devices entered the restart stage, and there was a small increase in the supply side. Although the terminal orders recovered, the market’s expectation for foreign trade weakened and the support from the demand side was insufficient. In addition, the market still has some concerns about crude oil demand, so it shows a weak downward trend. In addition, the inventory is still at a high level. As the current social inventory is still at nearly 4 million tons, and the continuous restart of the units leads to the limited storage duration, PTA social inventory pressure is still large, and the PX price trend is stable.

On the whole, the demand of textile industry has not improved significantly, the order performance is not stable, and the terminal demand is poor. For upstream Px, on-demand procurement is the main factor, and the price trend of PX market is stable.

Chen Ling, PX analyst of business agency, thinks that the recent trend of crude oil price is volatile, but the operating rate of downstream textile enterprises is general, PTA market price is falling, and domestic PX market supply is normal. It is expected that PX market price will maintain about 4600 yuan / ton next week.

In the middle of August, propane continued to rise, and the range was narrower than that in the first ten days. According to the data monitoring of the business agency, the average price of propane market was 3435.00 yuan / ton on August 10, and 3480.00 yuan / ton on August 18, with an increase of 1.31% during the period. The overall price rose steadily, rising by 3.88% compared with August 1.

Regional standard enterprises rose and fell from August 10 to August 18

Shandong propane,% (V / V) not less than: 95 HSBC Petrochemical 3470 yuan / ton 3520 yuan / ton + 50

Shandong propane,% (V / V) not less than: 95 Hualian Petrochemical 3370 yuan / T, 3450 yuan / T + 80

Shandong propane,% (V / V) no less than: 95 Hengyuan Petrochemical Co., Ltd/

Shandong propane,% (V / V) not less than: 95 Haiyou petrochemical 3455 yuan / ton 3455 yuan / ton 0

Shandong propane,% (V / V) not less than: 95 Binzhou Dayou 3350 yuan / ton 3450 yuan / ton + 100 yuan

In the middle of August, the direction of propane price increase did not change, and continued to push up slightly. In the early stage, the international oil price rose slightly, and the US crude oil inventory decreased, which brought periodic support to the market. The strong price of LPG in civil market is also good for the market. Domestic propane production is still in a state of decline. Some refineries shut down for maintenance, market supply is reduced, and terminal demand is stable. Low supply is also one of the main reasons for propane upward. Downstream of the market bullish mentality is strong, one after another into the market replenishment, high enthusiasm. Upstream shipment is smooth, refinery inventory is mostly maintained at a low level, the mentality is relatively strong, and a small push up is given priority to. However, the current off-season factors still exist, and the terminal demand needs to be improved, which brings a certain constraint on the upward road of propane, and the market growth is limited.

At present, there are some differences among different regions of the domestic propane Market. Most of the northern market is strong and rising, while the southern market is more resistant to rising, with a downward trend and a relatively low price. As of August 18, the mainstream prices of propane in different regions in China are as follows:

Regional specification August 18

Propane in East China,% (V / V) not less than: 953050-3350 yuan / ton

Propane in North China,% (V / V) not less than: 953400-3550 yuan / ton

Propane in Shandong area,% (V / V) not less than: 95 3350-3520 yuan / ton

Propane in South China,% (V / V) not less than: 953050-3100 yuan / ton

Propane in Central China,% (V / V) not less than: 953050-3460 yuan / ton

Propane in Northeast China,% (V / V) not less than: 953530-3800 yuan/

During the period of the downstream propylene market, it was stable and fell, which brought certain negative effects to the market. At present, the inventory pressure of propylene manufacturers is small, the crude oil price is volatile, the downstream market is mostly negative or not affected, and the overall market procurement is mainly on demand. In the early stage, the propylene market price has broken through the upper limit of the range, and the downstream support is obviously insufficient, so it is expected that the propylene price will decline.

The current rise in international crude oil, the main players in the upstream LPG civil market, and the expected rise of CP in September have all brought support to the market. But at present, the enthusiasm of downstream enterprises to enter the market has been reduced, and the atmosphere for manufacturers to ship goods is general. And affected by seasonal factors, terminal demand still needs to be improved, negative factors still exist, it is expected that the price or high consolidation in the near future.

International crude oil prices continue to fluctuate at a high level. OPEC and IEA monthly reports have been released one after another. The data performance is average, and the improvement of international oil price is limited. Refined oil market prices fluctuated in a narrow range. According to the monitoring data of the business agency, the gasoline price on August 14 was 5528 yuan / ton, up 0.24% from the beginning of the week; on August 14, the price of diesel oil was 4892 yuan / ton, up 0.15% from the beginning of the week.

OPEC countries Saudi Arabia and other oil producing countries have verbally promised to strictly implement production reduction; U.S. crude oil inventories continue to decline; however, OPEC and IEA monthly reports have been released this week, and the data performance is average. International oil prices soared and fell.

In terms of gasoline, the domestic rainy weather increased this week, and the demand for gasoline terminal remained rigid. In addition, the lack of action on international oil prices led to low market purchasing enthusiasm, and low-cost replenishment was the main trend in the downstream. In terms of diesel, the diesel terminal demand in some southern regions is recovering. In addition, the domestic hot weather is reduced, which is conducive to domestic mining and outdoor construction, and the diesel market has rigid demand support. However, on the whole, the international oil price is insufficient, the market demand is mainly based on rigid demand, the market lacks substantial positive stimulation, and the domestic oil product market price is stable.

In mid August, the start-up load of the refinery dropped slightly by 2%. At present, the average start-up load of atmospheric and vacuum distillation units is about 73%. The start-up of the unit is still at a relatively high level, and the impact of the refined oil supply side is not significant.

Lu Xingjun, an oil product analyst at the business club, believes that: the international crude oil prices continue to maintain a choppy upward trend; in addition to the arrival of the golden nine silver ten traditional peak season, the refined oil prices are expected to continue to rise.

Upstream fluorite and hydrofluoric acid prices went down, while aluminum fluoride prices remained stable. According to business agency data, the domestic price of aluminum fluoride on August 14 was 8833 yuan / ton, which was flat compared with the beginning of the week.

The domestic fluorite market price has continued to fall. Recently, some manufacturers have reported that the sales situation is not good, the downstream demand has not improved, and the fluorite price has dropped slightly. Domestic fluorite manufacturers have been operating stably, the on-site mines and flotation devices have been operating normally, and the fluorite in the yard is not well stocked, and the market price of fluorite is slightly lower. In recent years, the downstream hydrofluoric acid market price has declined, and the terminal downstream on-demand procurement is dominated, and the purchasing sentiment is not strong. Impact on the downstream aluminum fluoride Market and weaken the cost support.

At present, most of the enterprises are facing losses. Some factories are operating at low load, and the quotation of the owner is firm. At present, the overall performance of the aluminum fluoride market is relatively stable, and the aluminum fluoride manufacturers have strong willingness to sell.

The aluminum fluoride industry analysts of the chemical branch of the business society believe that: the price of fluorite in the upstream is loose, but the aluminum fluoride manufacturers have the intention to maintain the price of aluminum fluoride, and it is expected that the price of aluminum fluoride will continue to maintain stable operation.

1、 Price trend

On August 14, the average ex factory price of oil to ethylene glycol in North China was 3700 yuan / ton, which was the same as last week, according to business agency data.

On August 13, the market price of ethylene glycol in East China was 3710 yuan / ton, down 15 yuan / ton or 0.40% compared with the same period last week.

2、 Analysis of influencing factors

As of August 13, the total ethylene glycol inventory in the main ports of East China was 1.473 million tons, an increase of 37300 tons or 2.72% compared with last Thursday, and a decrease of 7700 tons or 0.54% compared with Monday.

In terms of shipment, the average daily shipment volume of Zhangjiagang and Taicang increased significantly this week, with the average daily shipment volume of Zhangjiagang reaching 6400 tons and Taicang daily average shipping volume of 8200 tons.

At present, the operating rate of ethylene glycol is about 48%, and that of polyester is about 88%, which is the same as last week.

In terms of units, the ethylene glycol unit of Dushanzi Petrochemical Company is in shutdown, and the overhaul time is expected to be one month; the ethylene glycol unit of Tongliao Jinmei has been restarted recently; and the overhaul of ethylene glycol unit of Hengli Petrochemical Company is delayed.

3、 Analysis and prediction

Due to the arrival of ships delayed by the typhoon, inventories rose again at the beginning of this week, and the price of ethylene glycol fell for a time. However, with the rise of downstream loom operating rate, shipment gradually smooth, inventory appeared a small decline, the price also followed. Recently, the oil price has been relatively stable, and the cost side has been supported, which has greatly enhanced the market confidence. The global anti epidemic situation has improved, and the prospect of textile export is in sight. If there is no major change, the price of ethylene glycol is expected to fluctuate upward.

1、 Price trend chart of nitric acid Market

Nitric acid price curve

According to the monitoring of business agency, the average price of nitric acid in East China this week is 1533 yuan / ton, and the quotation is stable temporarily.

2、 Market analysis

The price of concentrated nitric acid was stable. Jiangsu Hongze Yinzhu Chemical Co., Ltd. quoted 1400 yuan / ton, which was the same as last time; Anhui Jinhe offered 1400-1450 yuan / ton, which was the same as last week; Shandong helitai Chemical Co., Ltd. offered 1750 yuan / T, which was flat compared with the last time; Huainan Aodeli chemical products Sales Co., Ltd. quoted 1480 yuan / T of concentrated nitric acid, which was flat compared with the last time; Wenshui County synthesis Co., Ltd For Chemical Co., Ltd., the ex factory price of concentrated nitric acid is 1580 yuan / T, which is the same as last time; the market demand of nitric acid is stable, and the quotation of manufacturers is basically stable.

According to the monitoring of the business agency, the upstream liquid ammonia was quoted at 3000 yuan / ton at the beginning of the week and 2983 yuan / ton at the weekend, down 0.56%, which depressed the price of nitric acid. The average price of aniline in the downstream this week was 4316 yuan / ton, which was stable.

3、 Future forecast

The upstream raw material liquid ammonia price is weak, and the nitric acid analysts of the business community predict that the price of nitric acid may decline.

1、 Price trend

According to the monitoring data of the business agency, the average ex factory price of ammonium sulfate in China on August 3 was 563 yuan / ton, and that on August 7 was 576 yuan / ton. The price rose by 2.37% this week.

On August 7, the commodity index of ammonium sulfate was 48.26, which was the same as yesterday, decreased by 54.59% from the highest point 106.28 (2012-05-24), and increased by 31.68% from the lowest point of 36.65 on June 23, 2014. (Note: period refers to 2011-09-01 to now)

2、 Market analysis

Tight supply, domestic ammonium sulfate prices rose this week. The main factory quotation of ammonium sulfate in Central China is about 550-650 yuan / ton, that in Henan is 530-580 yuan / ton, that in Hebei is 470-600 yuan / ton, that in Shandong is 500-600 yuan / ton, that in East China is 550-650 yuan / ton, that in North China is 500-650 yuan / ton, and that in Northeast China is 500-650 yuan / ton The main ex factory quotation of ammonium sulfate is 520-630 yuan / T.

This week, the downstream compound fertilizer enterprises began to produce fertilizer in autumn, and the market was stable temporarily. The demand for ammonium sulfate in raw material procurement is less, mainly urea and ammonium chloride, and the market fluctuation is small.

3、 Future forecast

Business agency ammonium sulfate analysts believe that the current coking grade ammonium sulfate market demand is weak, tight supply. Ammonium sulphate is mainly exported and its price is firm. It is expected that ammonium sulfate will fluctuate slightly in the short term.

Trade name: calcium carbide

Latest price (August 5): 2630.00 yuan / ton

On August 5, the ex factory quotation of calcium carbide in Northwest China was temporarily stable, which was the same as that on August 3. Low price, the impact of low price on the market. The downstream PVC prices have risen slightly recently, and the downstream customers have a strong demand for calcium carbide.

In the near future, the factory price of calcium carbide in Northwest China will rise slightly: the manufacturer’s quotation is about 2650 yuan / ton.

1、 Price trend

According to the monitoring data of business agency, the price of domestic soda ash has increased this week. The average market price in East China at the beginning of the week was about 1266.67 yuan / ton, while that at the weekend was 1300 yuan / ton. The price increased by 2.63% and decreased by 21.69% compared with the same period last year. The commodity index of light soda ash on July 30 was 66.67, up 1.71 points compared with yesterday, 43.43% lower than 117.86 points (2017-11-21), and 5.57% higher than the lowest point of 63.15 points on November 18, 2015. (Note: period refers to 2011-09-01 to now)

2、 Market analysis

According to the business agency, at present, the soda ash market is actively moving goods this week, cleaning up inventory, and the price of soda ash has rebounded, but the overall market price is still relatively large, stable and small moving. In North China, the mainstream market price of light soda ash is about 1250-1350 yuan / ton, and that of heavy soda is 1350-1450 yuan / ton; the light and stable price of soda ash in East China is 1150-1250 yuan / ton, and that of heavy soda is 1200-1350 yuan / ton; in Central China, the market price of light soda ash is about 1150-1250 yuan / ton, and that of heavy soda ash is 1200-1350 yuan / ton The current mainstream market price is about 1100-1200 yuan / ton, and the mainstream market price of heavy soda ash is 1200-1300 yuan / ton. According to the data survey, the overall operating rate of soda ash is about 78%, and the operating rate has little change.

Raw materials: the national crude salt market fluctuates in a narrow range, and the market transaction performance is stable. The main production areas of Haiyan kept sufficient supply, the purchasing atmosphere of the two alkali industries was general, the sales performance of salt enterprises was weak, the cost pressure supported, and the market kept a low volume. The supply and demand of the main production areas of well and mineral salt is weak and stable, the transaction continues to be flat, and the mineral salt supply performance is relatively large. In addition, the sea salt market continues to be low, and the downstream purchase transaction is not high as a whole.

Demand: float glass trading is good this week. The overall price in North China is rising, and the downstream receiving enthusiasm is good. Under the stimulation of price rise in Shahe market, traders take delivery actively; in Central China, the transaction is good, and affected by the water level of the Yangtze River, the amount of outward shipment is still not large; at present, the rainfall time in East China is over, the number of orders delivered by glass processing enterprises to the real estate industry has increased, and the speed of purchasing glass original sheet is not high Less. The production and sales rate of production enterprises has also increased to a certain extent recently, effectively reducing the inventory in the early stage; the demand of South China market is good, and the supply of some enterprises is slightly reduced due to hot repair, so the overall production and sales rate of production enterprises is higher, and the price is up.

According to the price monitoring of business agency, in the 29th week (7.20-7.24) of 2020, there are 1 kind of commodity rising and 2 kinds of falling commodity in the list of price rise and fall of chlor alkali industry, and 2 kinds of commodity with rise and fall to 0. The main commodities that rose were calcium carbide (5.49%); the main commodities that fell were PVC (- 0.77%) and light soda ash (- 0.52%). This week, the average rise and fall was 0.84%.

3、 Future forecast

Business agency analysts believe that: at this stage, the domestic soda market downstream transaction is still weak, enterprises mainly discuss shipment. At present, soda ash inventory is still large, glass inventory is still at a high level, downstream procurement is mainly on-demand procurement, traders are more wait-and-see attitude, still hold a wait-and-see state for soda ash. It is predicted that the domestic soda ash market in the short-term will still be sorted out with small fluctuations.

1、 Price trend

In July 2020, the coke market continued to decline. The mainstream price of Shanxi market was 1813.33 yuan / ton at the beginning of the month and 1660 yuan / ton at the end of the month, with a monthly decrease of 8.46%.

On July 30, the coke commodity index was 87.14, flat with yesterday, 35.47% lower than 135.04 (September 13, 2018), and 151.49% higher than the lowest point of 34.65 on March 3, 2016. (Note: period refers to 2011-09-01 to now).

Summary of domestic coke market price (unit: yuan / ton)

Prices of regional specifications on July 31 were up and down compared with the same period of last month

Secondary metallurgical coke 1880-130 in Shanghai

Quasi first grade metallurgical coke 1940-130

Grade II metallurgical coke 1850-130 in Xuzhou area

Quasi first grade metallurgical coke 1910-130

Grade II metallurgical coke 1790 – 150 in Weifang Area

Quasi first grade metallurgical coke 1850-150

Grade II metallurgical coke 1690-150 in Taiyuan Area

Quasi first grade metallurgical coke 1740-150

Secondary metallurgical coke 1650 – 150 in Jinzhong Area

Quasi first grade metallurgical coke 1710 – 150

Secondary metallurgical coke 1780-150 in Tangshan area

Quasi first grade metallurgical coke 1830-150

Grade II metallurgical coke 1710-150 in Shenyang area

Quasi first grade metallurgical coke 1770-150

This month, the coke market went up and down for three times on the 8th, 15th and 19th, with a cumulative reduction of 150 yuan / ton. The steel industry started to maintain a high level in this month, and the demand for coke was good. However, the coke inventory of the steel plant remained at the middle and high level, mainly purchasing on demand. In this month, the inventory of coking enterprises increased compared with that of last month, and the game sentiment of steel and coke enterprises was stronger near the end of the month With the intention of price increase, the market is stable temporarily. The ex factory price of metallurgical coke of coke production enterprises in Weifang, Binzhou, Dezhou, Jining, Zaozhuang, Heze, Rizhao and Tai’an in Shandong Province has increased by 50 yuan / ton since 0:00 on the basis of the original price. The downstream steel mills did not accept the following 30 days: the high sulfur coke (customized coke) was reduced by 20-50 yuan / ton, the high sulfur coke (s1.5) was reduced by 20 yuan / ton, and the high sulfur coke (s1.8) was reduced by 50 yuan / ton, which was implemented from 0:00 on July 31. Up to now, the price of coke in Shandong is 1800 yuan / ton, the price is stable temporarily. In terms of inventory, the coke inventory of Shandong’s leading steel mills is in a continuous rising state. In the same period of last month, the price of RMB 1 750 / ton in Shanxi was slightly lower than that in the same period of last month, with a slight increase of RMB 1.750/ton.

Summary of domestic port coke market price (unit: yuan / ton)

 
This week, the price of port remained stable. As of the end of the week, there was an increase in port concentration, limited trading volume and low port inventory. As of the end of the week, the trading volume of the port market was slightly poor, and the quotation was temporarily stable. As of the 31st, the current quotation of grade I metallurgical coke was 1850-1870 yuan / ton, with a decrease of 150 yuan / ton compared with the same period of last month. Inventory: Tianjin Port has 240000 tons of warehouse this week, about 10000 tons higher than last week. Rizhao Port has 945000 tons of inventory this week, up 45000 tons compared with last week.

In terms of aftermarket, the business agency believes that in the near future, coking enterprises are more active in shipping, the inventory of downstream steel mills is on the high side in the middle, and most steel mills mainly purchase on demand. At present, coke and steel enterprises are playing games, some manufacturers are mainly waiting and waiting, and the fourth round of price reduction has not been implemented. It is expected that the future market of coke market will be stable temporarily, and there is still possibility of further downward adjustment.

Coke related data in July 2020:

National Bureau of Statistics: in June 2020, China’s coke output was 40.17 million tons: according to the latest data released by the National Bureau of statistics on July 16, 2020, China’s coke production was 40.17 million tons, a year-on-year decrease of 4.2%, and the decline rate was 1 percentage point larger than that of the previous month. From January to June in 2020, China’s coke output was 228.69 million tons, a year-on-year decrease of 2.5%, and the decrease rate was 0.3 percentage points lower than that of January March.

In May 2020, the output of raw coal in Shanxi Province will decrease by 0.6% and Coke will increase by 6.2%

According to the Statistics Bureau of Shanxi Province, in May 2020, the output of raw coal above Designated Size in Shanxi Province was 85.334 million tons, a year-on-year decrease of 0.6%; and a month on month decrease of 620000 tons, a decrease of 0.72%.

From January to may 2020, the cumulative output of raw coal above Designated Size in Shanxi Province is 394.788 million tons, with a year-on-year increase of 1.6%, and the growth rate is 0.6% lower than that of the previous April.

In May, the added value of coal industry increased by 3.6% year-on-year, and that from January to April increased by 0.3%. In addition, in May 2020, the output of coke above Designated Size in Shanxi Province was 9.103 million tons, with a year-on-year increase of 6.2%; and the month on month increase was 237000 tons, an increase of 2.67%.

From January to may 2020, the cumulative coke output above designated size is 40.989 million tons, with a year-on-year increase of 1.3%. The added value of coking industry increased by 6.4% in May and 1.7% in January may.

The time line of three times of raising and lowering in Shandong Province is as follows:

On July 7, the purchase price of coke in Laiwu branch of Shandong Iron and Steel Co., Ltd. was reduced by 50 yuan / ton. After the adjustment, the situation was as follows: quasi first grade metallurgical coke: a12.5, s0.7, csr62, cri30, mt0, and acceptance tax of 2225 yuan / ton, which will be implemented from 0:00 on the 7th.

On the 14th, the purchase price of coke in Laiwu branch of Shandong Iron and Steel Co., Ltd. was reduced by 50 yuan / ton. After the adjustment, the situation was as follows: quasi first grade metallurgical coke: a12.5, s0.7, csr62, cri30, mt0, and acceptance tax of 2175 yuan / ton, which was implemented from 0:00 on the 14th.

On the 21st, the purchase price of coke in Laiwu branch of Shandong Iron and Steel Co., Ltd. was reduced by 50 yuan / ton. After the adjustment, the situation was as follows: quasi first grade metallurgical coke: a12.5, s0.7, csr62, cri30, mt0, and acceptance tax of 2125 yuan / ton, which will be implemented from 0:00 on the 21st.

According to the monitoring data of the business agency, on July 1, 2020, the reference price of 85% formic acid purified water was 1816.67 yuan / ton. As of July 31, the reference price was 1783.33 yuan / ton, which was 1.84% lower than the price at the beginning of the month. In July, the formic acid market showed a steady downward trend.

2、 Market analysis

In July, the domestic industrial grade formic acid market rose as a whole, and the market gradually improved. In the first ten days of July, due to the sufficient supply of goods in the market and the recession of foreign trade export, the inventory of manufacturers in formic acid market has been in a saturated state. The prices quoted by dealers and manufacturers continued to decline for four consecutive weeks. Most of the quotations at the end of the month began to stabilize. Both dealers and manufacturers slightly reduced their quoted prices, with an increase of 50-300 yuan / ton. The market price of formic acid was in a stable state. In late July, most of the enterprises’ prices rose or fell in different ranges, but most of them have risen to around 1800 yuan / ton, and the output of manufacturers is relatively saturated. Some dealers have not adjusted their prices in recent months due to the low competition pressure of market supply. At present, formic acid market has been rising steadily, some of which are still affected by foreign trade.

The domestic liquid ammonia Market of formic acid upstream products fluctuated in July, with the overall price rising and falling in the range of 50-100 yuan / ton; the domestic caustic soda market also showed a stable trend in July, and the downstream products were mainly purchased on demand. The upstream raw material support is good, and the downstream leather and pesticide industry demand is normal.

3、 Future forecast

According to formic acid analysts of the business agency, the domestic formic acid market is in a stable state, with raw materials supporting the formic acid market well, and the market supply is in a relatively saturated state. The market price of formic acid in August may maintain the current quotation if the supply side remains unchanged.

1、 Price trend of epichlorohydrin

(Figure: P value curve of epichlorohydrin product)

2、 Market analysis

Epichlorohydrin market is weak this week. As of July 24, the average quoted price of epichlorohydrin enterprises was 9666.67 yuan / ton, down 1.36% compared with the beginning of the week, and 7.64% lower than that of June 24, according to the data of the bulk list of business associations. At present, the shippers are actively shipping, and the downstream small orders just need to replenish. The market negotiation focus is weak. The downstream enterprises hold a cautious wait-and-see attitude, lack of buying gas, and the trading atmosphere is light.

According to the data monitoring of the business agency, the price of epichlorohydrin of some enterprises is summarized (for reference only, the spot price of merchants is subject to the market, and the actual transaction price is mainly negotiated.)

Enterprise market price specification date

Aite (Shandong) new materials Co., Ltd. 9300 yuan / ton high quality products; 99.9% Min: 2020-07-24

Jinan planhua Chemical Co., Ltd. 9300 yuan / T national standard 99.9 2020-07-24

Jinan Mingwei Chemical Co., Ltd. $9300 / T premium product; 99.9% Min: 2020-07-24

Jinan jinrihe Chemical Co., Ltd. 9100 yuan / ton national standard barrel, 240kg / barrel, 2020-07-24

Shandong tashuo Chemical Co., Ltd. 9700 yuan / ton national standard barrel, 240kg / barrel, 2020-07-23

Zibo tengshuo economic and Trade Co., Ltd. $9300 / T, excellent products; 99.9% Min: 2020-07-22

Jinan aochen Chemical Co., Ltd. 10000 yuan / T premium products; 99.9% Min: 2020-07-20

Shandong michuan Chemical Co., Ltd. $9100 / T, excellent product; 99.9% Min: 2020-07-20

For upstream propylene, according to the data from the bulk list of business associations, the domestic propylene (Shandong) market price remained stable after going up this week (7.20 ~ 7.24), and fell slightly at the weekend, with the weekly low price of 6785 yuan / ton at the beginning of the week, and 6870 yuan / ton at the weekend, and 6876 yuan / ton on Wednesday and Thursday, with a weekly increase of 1.25% and a weekly amplitude of 1.34%. Generally speaking, the inventory pressure of propylene manufacturers is not big, but the shipment is general, the crude oil price is slightly increased, the overall downstream market operating rate is fair, PP market is relatively calm, and the downstream purchasing enthusiasm is weak, and the market trading is stable. At present, most of the propylene market prices are still in the upper limit of the oscillation range, so it is expected that propylene prices will generally decline in the near future.

Downstream epoxy resin, on July 24, the downstream epoxy resin was in weak finishing operation, the raw material trend was weak, the cost support was weakened, the new single transaction was sporadic, the demand was small, and the market atmosphere was light.

3、 Future forecast

Epichlorohydrin analysts of the business club believe that the price of propylene raw materials will decline at the weekend, the cost side support will be weakened, and the downstream just need small orders to purchase. The wait-and-see atmosphere is strong, and the shippers are under pressure. It is expected that in the short term, the market situation of epichlorohydrin will be mainly weak.

According to the data monitored by the business agency, the market trend of domestic PP was weak in the fourth week of July, and the prices of various brands decreased slightly. As of July 24, the mainstream offer price of T30S (wire drawing) of domestic manufacturers and traders was about 7800.00 yuan / ton, a decrease of 0.21% compared with the average price at the beginning of the month.

Cause analysis

In terms of propylene upstream of polypropylene, according to the data of business agency, the domestic propylene (Shandong) market price remained stable after rising in the fourth week of July. The weekend price was 6870 yuan / ton, with a weekly increase of 1.25%, which was 0.07% higher than the average price level at the beginning of the month. The recent price of propylene fluctuates periodically, and the price range is relatively stable. Since the beginning of July, the price has been continuously reduced by 200-250 yuan / ton. From June 6 to 9, the price dropped by about 250 yuan / ton. From the 12th to the 16th, the price dropped by 150-200 yuan / ton. Since the third round of rise on 18th, the price has risen about 150 yuan / ton. In recent days, most of the prices are stable. The market transaction is between 6800 yuan / ton and 7100 yuan / ton, and the mainstream price is 6800-6850 yuan / ton. Now propylene manufacturers shipping general, inventory pressure is not big. At present, the shipment situation is general, the crude oil price has slightly increased, and the overall downstream market operating rate is fair, but the purchasing enthusiasm is weak, and the market trading is temporarily stable. At present, most of the propylene market prices are still in the upper limit of the oscillation range, so it is expected that propylene prices will generally decline in the near future.

Upstream propylene shock adjustment in July, the PP cost side support is general. Recent PP (drawing) market performance is weak. According to the data monitored by the business agency, the spot price of PP (wire drawing) has been running smoothly in early July. Since the 6th, the price of various grades has been increased by about 250 yuan / ton. On the 12th, the average price of drawing material reached the recent high of 8066.67 yuan / ton, and then the spot price has gradually adjusted back to now. As of July 24, the main offer price of T30S (drawing) of domestic manufacturers and traders is about 7800.00 yuan / ton, with monthly vibration At present, it has reached 3.31%. On the supply side, the recent wire drawing production schedule is normal, and there are more new equipment put into production in the second half of the year. In the early ten days, there was a shock of imported materials arriving at the port, and the inventory increased to a certain extent. However, the improvement in demand is limited. At present, the downstream stock mood is not high, and the wait-and-see mood is heavy, and the actual trading atmosphere is relatively cold. In addition, lower futures, resulting in the market to fall mentality. However, near the end of the month, in order to complete the plan, the industry has more positive adjustments. PP market is expected to continue to adjust in the near future.

According to the data monitored by the business agency, as of July 24, the mainstream offer price of Z30S (fiber) of domestic manufacturers and traders was about 7783.33 yuan / ton, which was 0.85% lower than the average price at the beginning of the month. At present, the domestic spot price of PP (fiber) is relatively stable. Although the overall panel is aided by macro demand, the de stocking speed has slowed down in recent years, and the pressure on the supply side has increased. At the end of the month, there is a profit concession in the transaction, the downstream factories have a heavy wait-and-see atmosphere, the purchase follow-up is insufficient, and the on-site transaction is poor. Recently, the stability of PP (fiber) disk is weak, and the operation is rigid.

The market of PP melt blown materials continues to be weak. According to the prices of business agencies, the current domestic prices of PP (melt blown) materials continue to decline. As of July 24, the average quoted price of meltblown PP for melt index 1500 is about 17000 yuan / ton. Domestic public health events are generally stable, and the demand for epidemic prevention materials has entered a stable stage. And some epidemic prevention related products were oversupply, and most of the prices fell. The demand for melt blown fabric directly downstream also shrinks greatly, and the diversification of epidemic prevention materials also has a certain dispersion on the demand for masks. PP (melt blown) has fallen with the downstream, the business mentality is negative, and the phenomenon of leaving the field is still more. It is expected that melt blown fabric will still be difficult to improve in the near future.

Future forecast

PP business agency analysts believe: July fourth week domestic PP spot market trend weak. Upstream propylene market shock consolidation, the cost of PP support in general. PP (drawing) price fell, PP (fiber) big stable small move. PP (melt blown) demand weakened, prices continue to callback. At present, China is still in the peak season of maintenance, and the supply increment of granular material end is limited. However, the pressure of propylene production enterprises to ship goods is relatively large recently. In addition, it is reported that there are equipment put into operation in the second half of the year. Although there is a recovery of macro demand, the petrochemical plant’s stock reduction slows down, and the downstream factory’s stock preparation follow-up is poor, and the business mentality is loose, and the actual transaction is weak. PP market is expected to continue to be weak, it is recommended to pay attention to the further trend of supply and demand.

1、 Price trend

According to the monitoring of the bulk data of the business agency, the market of chloroform in Shandong was temporarily stable this week, and the average price of chloroform in Shandong remained at about 2000 yuan / ton, which was the same as that of the same period last month.

Production capacity and operation of the enterprise

Jinling, Shandong Province: 440000 tons / year: 60%

Dongying Jinmao 120000 tons / year parking

Luxi Chemical Industry: 400000 tons / year: 50%

Jiangsu Liwen 160000 tons / year normal

Jiangxi Liwen: 120000 tons / year: 50%

Affected by the negative production decline of some enterprises in Shandong Province, the spot supply of chloroform market has declined. In addition, the inventory pressure of enterprises is not obvious. The enterprises have a good attitude of price support, and the ex factory quotation is slightly increased. The downstream market is mainly in demand, and some traders replenish goods to support the firm operation of chloroform price. At present, the quotation in Shandong is about 1950-2000 yuan / ton, Jiangxi Liwen is about 2300 yuan / ton, and Jiangsu is about 2650 yuan / ton.

In terms of upstream market, the methanol market continued to weaken, and some maintenance units were restarted in the early stage, and the supply side was expected to increase in the near future; the inventory of some downstream enterprises was on the high side, and the downstream market was not able to catch up with the high price, and the overall transaction atmosphere turned weak, at present, the liquid chlorine market started to go down, and the increase in market supply led to obvious price reduction in the downstream market, with the current average price of 800-900 yuan/ About tons.

On the other hand, the after-sales market demand of R22 downstream of trichloromethane is weak, the manufacturers are under pressure to ship, and the start-up is not high. The R22 market remains stable within the week, and the merchants and sub packers are cautious to take the goods. It is expected that the trend of R22 refrigerant will be stable in the short term, at present, it is about 15000-17000 yuan / T; pharmaceutical and agricultural diluents and other industries mainly purchase rigid demand, and support the trichloromethane market is flat.

According to the methane chloride data of the business society, the supply of chloroform market is limited at present, and the demand for purchasing in the downstream market is just flat. The market is weak in both supply and demand. It is expected that the market will be straightened out in a short period of time.

The international crude oil price surged higher and fell back. The new round of domestic refined oil price adjustment has not reached the adjustment line of 50 yuan / ton. The domestic product oil market price lacks guidance, and the price of gasoline and diesel rises and falls in different ways. According to the monitoring data of the business agency, the gasoline price on July 17 was 5292 yuan / ton, up 1.25% compared with July 13; the gasoline price on July 17 was 4793 yuan / ton, down 1.02% from July 13.

In terms of international crude oil, U.S. crude oil demand improved and crude oil inventory decreased significantly. While the crude oil market released good news, OPEC + relaxed production reduction as scheduled, and the overseas epidemic continued to drag down the global economy and crude oil demand prospects. International oil prices rose first and then fell, while WTI crude oil prices fluctuated above $40 / barrel. High volatility of crude oil market lacks direction guidance for refined oil market.

In terms of gasoline, in the three week weather, more oil is used for automobile air conditioning, and the terminal demand is relatively good. Traders and terminal gas stations are more active in replenishment, and the market price is supported. In terms of diesel, the southern region has continuous rainfall and increasing flood, and the outdoor operations such as mining, logistics and infrastructure are limited. The demand for diesel oil is not good, and the market price lacks support. Overall, diesel market demand is not as good as gasoline market, gasoline prices rose while diesel ajig fell slightly.

Recently, some refinery units have entered the maintenance period, and the start-up load of the refinery has declined slightly. The supply of refined oil resources has been slightly reduced, and the pressure on domestic oil product shipment has eased.

Lu Xingjun, an oil product analyst at the business agency, said: international oil prices will continue to consolidate around $40 / barrel, entering the peak gasoline demand season in three volt weather, while the impact of rainfall on the diesel market in the South will gradually weaken. It is expected that the price differentiation trend of gasoline and diesel will begin to shrink in late July.

The average price of formaldehyde in Shandong this week was 866.67 yuan / ton, up 0.78% month on month and 24.85% lower than last year.

Recently, the domestic market price of formaldehyde has remained stable. As of July 17, the mainstream factory quotation in Central China is about 910 yuan / ton, that of mainstream manufacturers in North China is 740 yuan / ton, and that in East China is 892 yuan / ton. Linyi Jinyuan Chemical has two formaldehyde production lines with an annual production capacity of 80000 tons, formaldehyde content of 37% and load of 50%. Recently, the market of formaldehyde in Shandong Province has been stable, the start-up of formaldehyde enterprises is basically stable, the supply of goods in the market is acceptable, the atmosphere of trading in the market is flat and light, and the formaldehyde market is volatile and consolidation.

Upstream methanol situation: the performance of the mainland and port markets is different. Due to the strong performance of some equipment maintenance markets in Northwest China, the manufacturers’ inventory pressure is not great, and the futures price is higher, the enterprise offers actively follow up; on the port side, after the spot price adjustment, the downstream lacks the ability to receive high price goods, and the market is short of gas. At the same time, the high stock of port continues to suppress the methanol price; the demand side is affected by the rainy season Under the influence of environmental protection and other factors, the overall start-up of the traditional downstream was lower than expected. Although the profit of MTO was fair, the start-up was still at a low level compared with the same period last year. Some manufacturers still planned to repair in July.

The downstream wood board entered the traditional off-season, the terminal demand continued to be weak, just needed procurement was maintained, the market trading atmosphere was flat and light, formaldehyde enterprises shipped smoothly, the market changed little, and the shock consolidation.

In recent days, the upstream methanol continued to fluctuate in a narrow range, and the demand for terminal side was poor, and the basic demand was mainly rigid demand. Therefore, the formaldehyde analysts of the chemical branch of the business agency predict that the domestic formaldehyde price will be stable in the near future.

1、 Price trend

According to the business club’s big list data, the domestic caprolactam market price rose this week. The average ex factory price of caprolactam on July 6 was 10333 yuan / ton, while that on July 10 was 9933 yuan / ton, with a price drop of 3.87%.

2、 Market analysis

The actual production capacity of Shandong Hexi Chemical Co., Ltd. was 9300 tons, and the actual production capacity of Luxi Chemical was 9300 tons. Nanjing Dongfang caprolactam liquid price 10600 yuan / T, 400000 tons / year of the plant normal operation, caprolactam unit normal operation. Baling Hengyi caprolactam liquid price 10400 yuan / T, 450000 tons / year, the plant was normally started, accepted and delivered. The price of caprolactam liquid of Baling Petrochemical Company is 10400 yuan / T, and the 300000 tons / year unit is normally started and accepted.

The listing price of raw material pure benzene was 3050-3300 yuan / ton (the average price was 3150 yuan / ton), which was 10 yuan / ton higher than last week, or 0.32%. This week, Sinopec’s listed price of pure benzene remained stable, and the price of pure benzene in Shandong rebounded slightly. In the first half of the week, Shandong pure benzene experienced a wave of bottoming rebound. In the second half of the week, due to the continuous impact of higher inventory, the market mentality was slightly poor and the price was stable. Downstream PA6 slices fell this week, with cold trading.

3、 Future forecast

Caprolactam analysts believe that the current raw material prices continue to fall, cost support is limited, the downward trend is still in. Now caprolactam supply is sufficient, downstream demand is poor, the overall market is weak. Caprolactam prices are expected to continue to fall in the future.