Price Trend

According to the data from the business associations’list, the price of polysilicon market in this week (8.26-30) has not changed much compared with last week, slightly declined, up 0.45%. The market as a whole shows signs of stabilization and stabilization. Over the weekend, domestic enterprises quoted an average of 59,000-62,000 yuan/ton, and the current price has fallen by about 30% compared with last year.

II. Market Analysis

The domestic polycrystalline silicon market is stable this week. The price has not changed much compared with last week. At present, the supply and demand in August are still in a relatively balanced state. Only the source of imports is affected by RMB exchange rate adjustment, and the price of RMB is slightly increased by US dollar-denominated imports. At present, the domestic price of polycrystalline silicon solar grade grade grade grade I material is between 5900-62000 yuan/ton.

In terms of supply and demand, as far as polycrystalline silicon is concerned, the supply is basically balanced, while the downstream demand is still slightly insufficient, so the price has not improved significantly. First of all: from the supply point of view, the actual stock in the market is not large. Two overseas silicon factories are expected to return to full production in September, while one or two domestic silicon factories are expected to be repaired, with a steady slight increase in supply. In addition, in terms of demand, downstream demand is stable at present, the overall domestic demand has not yet warmed up, and the purchase of conventional size batteries is still at a low level. In addition, although the demand for conventional size batteries is still low, the demand for large size batteries and double-sided PERC batteries is warming up, with the increase of demand. Many component factories have upgraded their production lines and higher wattage products are needed in the terminal market. It is expected that the actual shipments of large size batteries and double-sided batteries will also increase significantly in the fourth quarter.

In the future, business analysts believe that the current performance of the polysilicon market is unsatisfactory, the market as a whole lacks reasons for market breakthroughs, market demand and supply are not strong, and ultimately the downstream demand lacks substantial advantages. In addition, the Sino-US trade war led to the imposition of tariffs on China’s photovoltaic products, which also depressed domestic manufacturers. Initiative, polysilicon will inevitably be affected. It is expected that the market will remain narrow adjustment in the near future. With the increase of equipment maintenance in September, price rebound due to tight supply will not be excluded in the later period.

Commodity index: Polyaluminium chloride commodity index on August 30 was 108.11, unchanged from yesterday, 0.83% lower than the cycle peak of 109.01 points (2019-08-28), and 7.15% higher than the lowest point of 100.90 on April 09, 2019. (Note: Period refers to 2019-04-01 to date)

Price quotation: Among the manufacturers monitored by the main stream of business associations, the price of polyaluminium chloride rose significantly in the middle and late August. On August 19, the price of domestic polyaluminium chloride market was 1933.33 yuan/ton, and on the 30th day, the price of domestic polyaluminium chloride market was 2000 yuan/ton, an increase of 3.45%. According to the monitoring data of the commercial association (100ppi.com), the mainstream quotation in the domestic market of polyaluminium chloride is: the price of solid polyaluminium chloride (industrial grade, content (> 28%) containing tax is about 1850-2200 yuan/ton, the price of liquid (industrial grade, content 10% – 12%) containing tax is about 350-500 yuan/ton, and the quotation of individual manufacturers is rising, among which the solid quotation is about 350-500 yuan/ton. Up 100-200 yuan/ton, liquid up to 50 yuan/ton or so, domestic mainstream quotation overall up by 2-4%.

Industry chain: In recent upstream raw materials of polyaluminium chloride, the price of hydrochloric acid is stable this week. Business society monitoring data show that the mainstream price of hydrochloric acid market was 133.33 yuan/ton on the 19th, 123.33 yuan/ton on the 30th and 10 yuan/ton on the 30th. The downstream demand for polyaluminium chloride is stable. At present, some polyaluminium chloride manufacturers are still in the shutdown period, relying on inventory to deliver goods, giving priority to the consumption of old downstream customers, and the supply of new customers is affected.

Industry: 1. Notice of shutdown: In late July, the water purification and environmental protection enterprises of Yongan Road Street Office in Gongyi City, Henan Province, received the “Notice of shutdown” recently. The notice requests: According to the analysis of environmental pollution situation and future polluted weather situation in the whole city, the municipal attack and fortification office requests all enterprises in-depth control to stop production and control before acceptance. Production can be restored after dispatching or acceptance according to key problems. This week, local manufacturers said they were allowed to resume production for 10 days and asked to stop production again from the 15th. 2. Stop production again after resumption of production: resumption of production in August for 10 days and resumption of production on 15 days. According to the manufacturer, the suspension was more affected by the National Games held in Zhengzhou on 8 September. The local environmental protection inspection was strict. All local enterprises in Gongyi were asked to stop production for environmental protection management and maintenance.

Attachment: Gongyi City, Henan Province, issued a circular on the deep management of enterprise shutdown (see below):

Future forecast: Business association analysis shows that due to the impact of environmental shutdown, manufacturers in Gongyi District of Henan Province have a holiday, downstream demand is stable, polyaluminium chloride manufacturers can only give priority to inventory supply to old customers, supply is tight, new customers find it difficult to get goods, prices rise significantly. September 8 is approaching, Gongyi factory supply situation eased after the resumption of production, prices will fall, it is expected that the resumption period will continue to maintain the current price; Hebei and other provinces prices have been relatively stable.

According to the data monitored by business associations, the price of domestic carbon black quoted 7,000 yuan/ton on August 30, with a small fluctuation and a price fluctuation range of 100-300 yuan/ton. This week, the price of carbon black was mainly volatile.

Market quotation

Domestic carbon black sales are still acceptable, the quotation is still mainly stable. Domestic automotive industry production and marketing data showed a continuous decline, demand decline and other adverse factors, the company’s downstream tire industry start-up and purchasing willingness declined; upstream carbon black raw oil by the coking industry capacity contraction, prices have always maintained high operation, comprehensive factors led to the company’s main product carbon black gross interest rate declined, half a year. Year-on-year performance declined.

Industry dynamics

China Rubber Industry Association Carbon Black Branch issued the “Carbon Black Industry Self-Discipline Initiative”. The Initiative said that since the second half of last year, the carbon black industry has experienced unprecedented difficulties and the whole industry has suffered losses. In order to ensure the normal production and operation of the carbon black industry, enterprises are encouraged to consciously limit their production and limit their production range. According to the market demand, on the basis of the original output, the production is limited by 10%-20%, ensuring the balance of supply and demand in the market; stabilizing the market of carbon black raw oil and not participating in the bad competitive behavior of driving up the price of raw oil; stabilizing the market sales and selling according to the reasonable profit space; and also requiring that China’s carbon black exported to the international market should not compete disorderly. 。

Future market forecast: Carbon black market is expected to rebound in the future stable market.

I. Price Trend Chart of Polyformaldehyde Market

Price Curve of Polyformaldehyde

(Photo Source: Business Association Commodity Analysis System)

According to the monitoring of business associations, the average price of polyformaldehyde (96) in Shandong Province on August 27 was 4866 yuan/ton, and the price continued to be stable.

II. Market Analysis

Products: Shandong Aldehyde Industry Chemical Co., Ltd., with an annual output of 30,000 tons of polyformaldehyde, the price of polyformaldehyde (96) is 4800 yuan/ton with tax, and the price is stable. Linyi Shengyang Chemical Co., Ltd. produces 9000 tons of polyformaldehyde per year. The price of polyformaldehyde (96) is 4800-4900 yuan/ton with tax, which is stable. Nanjing Qianrui Chemical Co., Ltd. quotes 4200 yuan/ton of polyformaldehyde (92) with tax. Affected by environmental protection inspection factors in recent years, the factory started work abnormally and intermittently, and the quotation of the factory is still firm.

Industry chain: The price of methanol on August 27 is basically stable, and the downstream demand of polyformaldehyde is general.

3. Future Market Forecast

Polyformaldehyde analysts believe that due to the impact of environmental inspections, inventory is not much, in the short term, the market of polyformaldehyde will continue to maintain stable operation.

According to statistics, the domestic hydrofluoric acid price declined this week, the price at the end of the week was 11,150 yuan/ton, down 2.45% from 11,430 yuan/ton at the beginning of the week and up 3.16% from the same period last year.

Products: The price of hydrofluoric acid has declined this week, the situation of manufacturers in the field has not improved significantly in the near future, the starting rate of downstream refrigerant industry remains low, the domestic market demand for hydrofluoric acid is limited, the domestic hydrofluoric acid plant maintains a high starting rate, the domestic spot supply is sufficient, and some manufacturers are downgraded from the factory. Price, by the end of the weekend, the mainstream of hydrofluoric acid negotiations in the southern region is 10,000-11,000 yuan/ton, while in the northern market, the price of hydrofluoric acid is 10,500-11,500 yuan/ton. Recently, the domestic market price of hydrofluoric acid has been slightly lower, the demand of refrigerant industry downstream is poor, the supply of hydrofluoric acid manufacturers is not good, and the market price trend is declining. By the end of the weekend, the mainstream of domestic negotiations on hydrofluoric acid in Fujian was around 10 000-11 000 yuan/ton, the price of hydrofluoric acid in Shandong was 10 500-11 000 yuan/ton, the price of hydrofluoric acid in Jiangxi was 10 500-11 500 yuan/ton, the price of hydrofluoric acid in Inner Mongolia was between 10 000-11 000 yuan/ton, and the price of hydrofluoric acid declined.

Industry chain: The price of fluorite in the upstream of hydrofluoric acid slightly decreased this week. The factory price of fluorite was 3062.5 yuan/ton by the end of the week. The fluorite price dropped by 0.41% this week. The domestic fluorite supply is normal, but the price of fluorite has a downward trend. The downstream cost price has a negative impact on the hydrofluoric acid market. Recent downstream refrigerant market trading market is general, domestic refrigerant R22 market shocks down, from the market supply point of view, the production enterprise device is stable, but the pressure of goods is too high, inventory expansion appears to a certain extent, the enterprise aims to make profits to deliver goods. The downstream weakness continues, the peak season of refrigerants has passed, and demand has only decreased but not increased. The price of domestic large enterprises has maintained the level of 16,000-18,000 yuan/ton. Domestic refrigerant R134a market demand is low and prices continue to decline. On the supply side, the production enterprises have started construction steadily and the supply of goods in the market is stable. On the demand side, downstream demand is more weak, manufacturers are forced to ship under pressure, so profit delivery phenomenon is obvious, but the on-site transaction market is general, merchants purchase on demand, the end of the peak season, downstream demand only declines, downstream demand is not good, and the market price of hydrofluoric acid declines. Aluminum fluoride price trend of downstream products is temporarily stable in the near future, which is 10 333.33 yuan per ton at the weekend. The price trend is temporarily stable. Recently, the market price of hydrofluoric acid is declining due to the poor market.

Industry: This week, the spot supply of raw materials fluorite and hydrofluoric acid in the upstream market is normal, and the trading market of refrigerant industry in the downstream market is poor, and the market price of hydrofluoric acid is declining.

Recent domestic refrigerant plant start-up rate has maintained a low level, the market demand for hydrofluoric acid has decreased, the spot supply of hydrofluoric acid is normal, and the raw material market price has a downward trend. Chen Ling, an analyst of hydrofluoric acid business association, believes that the market price of hydrofluoric acid will be slightly lower next week, and the price of hydrofluoric acid will be between 108,000 and 11,000 yuan/ton. About.

Price Trend

According to the number. This week, the average price of urea mainstream manufacturers increased from 1818.33 yuan/ton at the beginning of the week to 1828.33 yuan/ton on August 21, up 10 yuan/ton, up 0.55%. After two days, the price fell to 1818.33 yuan/ton at the end of the week, down 7.49% from the same period last year. Overall, the urea market rose first and then fell this week, with the urea commodity index of 84.57 on August 23.

II. Market Analysis

Products: This week, the main urea factory prices in Shandong Province rose first and then fell. Yangmei Plain urea quoted 1755 yuan/ton this week, the quotation is temporarily stable; Shandong Ruixing urea quotation first rose from 1780 yuan/ton at the beginning of the week to 1810 yuan/ton on August 21, up by 30 yuan/ton, the price persisted two days later fell to 1800 yuan/ton at the weekend, overall, compared with the beginning of the week, the quotation increased by 20 yuan/ton; Minghua Chemical Weekend quotation 1900 yuan / ton, compared with the beginning of the week, the quotation fell by 20 yuan / ton, to the price 10 days ago. Recent environmental protection inspection atmosphere in China has eased, the overall industry start-up rate of domestic compound fertilizer enterprises has risen, and the plant load is still acceptable.

Market demand: As for agricultural demand, farming in Shandong is about to begin, and agricultural demand will gradually rise, with some manufacturers operating at full capacity. In terms of industrial demand, the downstream is affected by previous environmental protection policies. There are too many shutdowns and the demand for urea has fallen considerably, thus affecting the price of urea. It is expected that the urea market in Shandong Province will fall mainly in the short term.

Industry chain: The upstream products have risen on the whole, but the increase is not significant. The price of natural gas has risen from 3003.33 yuan/ton at the beginning of the week to 3090.00 yuan/ton at the end of the week, an increase of 2.89%, but a decrease of 16.96% compared with the previous year. The price of liquid ammonia has risen from 3200 yuan/ton at the beginning of the week to 3210 yuan/ton at the end of the week, an increase of 0.31%, an increase of 1.44% compared with the previous year. Urea cost support is strong, downstream purchasing capacity of melamine is general, which has a negative impact on urea price. The downstream compound fertilizer is generally started, which has a negative effect on urea.

3. Future Market Forecast

In late August, the urea market in Shandong was mainly consolidated at a low level. After the adjustment in July, the capital reflux of each factory is in good condition, the start-up rate has risen, and the production capacity has risen. Business society urea analysts believe that the downstream of urea in China is affected by environmental protection policies and safety checks, so there are too many shutdowns and purchasing willingness is greatly reduced. In addition, the current agricultural demand has not yet arrived, the urea market has a strong game atmosphere, and the start-up costs are gradually increasing, which makes the price of urea market difficult to maintain. Urea prices are expected to consolidate at a low level in late August.

Price trends:

On August 23, the hydrobenzene commodity index was 56.48, up 1.11 points from yesterday, down 44.63% from the peak of 102.01 points in the cycle (2014-01-09), and up 26.75% from the low of 44.56 points on August 31, 2015. (Note: Period refers to 2013-12-01 to date).

II. Market analysis:

Domestic hydrobenzene market fell this week (8.19-8.23). The average domestic market price was 4883.33 yuan/ton at the beginning of the week and 516.67 yuan/ton at the end of the week, up 4.78%.

Domestic market: This week, market favorable factors are concentrated, pure benzene external market has risen one after another, crude benzol prices in the upstream have risen significantly, with a weekly increase of about 500 yuan/ton. In recent years, the price difference between crude benzene and hydrobenzene is obvious, and profits have increased. Hydrobenzene enterprises have started construction more actively. As of Friday, the market price of hydrobenzene in Shandong rose to 5100 yuan/ton, up 300 yuan/ton from last week. Eastern China rose to 5200 yuan per ton and 100 yuan per ton.

Industry Chain: Crude Oil: International oil prices rose first and then fell this week. Overall, compared with last Friday, Brent rose by 2.9%, WTI rose by 1.62%. Oil prices rose as global stock markets rebounded and geopolitical tensions intensified. Oil prices stopped rising and fell because of uncertainty about the Fed’s interest rate cut prospects. Pure benzene: At the beginning of the week, due to the supply gap of pure benzene in the United States, pure benzene in Korea was arbitraged to the United States. The high price of pure benzene in the U.S. dollar plate supported the rise of domestic pure benzene price. On Thursday, the supply of pure benzene in eastern China was tight. Pure benzene companies in Shandong sent their supplies to Eastern China, and the prices of refined pure benzene in Shandong rose.

3. Trend forecast:

Recently, coking enterprises started relatively stable, at about 70%, the pressure of environmental protection is still high near the National Day. It is difficult for coking enterprises to rebound greatly. The crude benzene supply is still tight, but the downstream demand has not increased significantly. It is expected that the future growth space of crude benzene industry chain is limited, and the high level of hydrobenzene consolidation.

Price Trend

The domestic xylene market rose slightly this week, with a weekly increase of about 0.86%, due to the support of downstream demand, according to a large number of business associations.

II. Analytical Review

1. Products: Influenced by downstream demand support, xylene market rose slightly this week. At present, the mainstream price in East China is around 5900-5950 yuan/ton. According to the feedback from traders, the turnover has improved slightly this week. Compared with last week, the port stock has dropped by nearly 8,000 tons, and now it is about 52,000 tons.

2. Industrial chain:

Upstream, crude oil, affected by long-term and short-term Treasury bond interest rate upside-down signals fearing the impact of the U.S. recession, and Trump’s impact on China’s $300 billion trade postponement, reduction and exemption and tariff increase, jumped sharply this week compared with last week, with a larger fluctuation, but overall stable, spot Brent rose slightly by 0.02%, Brent futures fell by 0.27%, WTI. Futures rose 0.09%, Dubai futures rose 2.66%.

Downstream, PX market, external prices rose slightly, domestic PX price trend is stable, short-term PX market prices are expected to maintain a stable trend. PTA market, affected by downstream polyester rework, demand is expected to turn better, PTA is expected to rebound slightly in the short term. On the OX market, external quotation fell, downstream phthalic anhydride and plasticizer market fell under pressure, and short-term trend of o-phenyl is expected to be negative.

3. Future Market Forecast

Xylene analysts from Business, Social and Chemical Branch believe that next week we will continue to focus on the trend of the situation in the Middle East, the United States and Iraq, and the follow-up progress of Sino-US trade negotiations. The European and American economies are worried about the expected fluctuation of demand for crude oil in the recession prospects. Overall, the toluene market is expected to continue to shake slightly next Tuesday.

Price Trend

According to the data from the business associations’list, the domestic propylene (Shandong) market has been declining continuously in recent days. The average price of enterprises on Friday (August 16) was 7741 yuan/ton. Today (August 19) it has dropped to 7435 yuan/ton. The four-day decline has again reached 3.95%. This is the second half-week dive in propylene market since August, exceeding 3%.

II. Analytical Review

Products: The price of propylene enterprises in Shandong Province maintained stable in early August, declined continuously from 5 days to 8 days, declined 450-500 yuan/ton, rebounded on 10 days, rose 200 yuan/ton on 14 days, stabilized on 15 days, declined sharply on 17 days, and went 300 yuan/ton on three days. At present, the market turnover is about 7400-7650 yuan/ton. The mainstream price is about 7400 yuan/ton. Affected by typhoon recently, loading of some upstream and downstream enterprises in Shandong Province was blocked last week and the turnover was low. Now most of them have returned to normal, and the volume of propylene shipments has increased. Propylene supply in Shandong is abundant due to the continuous supply of Northeast China’s large factories.

Industry chain: In the upstream, international crude oil rose sharply last week and then fell sharply. Although there was a slight recovery in the later period, market expectations were not satisfactory, which had a negative impact on propylene. On the downstream side, the recent polypropylene futures market is relatively depressed, which has little impact on propylene. Recent sharp fall in propylene prices has made downstream factories more cautious in purchasing, mainly in need, and refinery shipment pressure continues to rise, which has warmed up the mood of profit and expenditure.

3. Future Market Forecast

Propylene analysts from the Business Society Chemical Branch believe that in general, international crude oil is not ideal in the near future. Spot prices in PP period are relatively cold. Loading of enterprises has resumed and shipments have increased. The supply of Northeast China’s large factories has made Shandong’s propylene supply more abundant. Prices have fallen sharply, and downstream purchases are just needed. Propylene prices are expected to continue to fall in the near future.

Price Trend

According to the data of business associations, the market price of propylene oxide has risen this week. At present, the mainstream price of propylene oxide in China is 10400-11050 yuan/ton, which is 3.23% higher than that at the beginning of the week and 8.31% higher than that on August 1.

II. Analysis of Influencing Factors

Product: Propylene oxide market prices rose this week. Affected by typhoons and rainstorms, some propylene oxide plants are downloaded, parked, low inventory, no pressure on manufacturers to move goods, mainstream factory prices are firm, quotations are mostly raised, and market intentions are obvious. The cash delivery price of Wanhua Chemistry Shandong Mainstream Market was 10750 yuan/ton on 16th, and that of East China Mainstream Market was 11050 yuan/ton. At present, the mainstream quotation of propylene oxide Market in East China is around 10750 yuan/ton, which is remitted to the factory; the mainstream quotation of propylene oxide Market in Shandong is around 10500 yuan/ton, which is remitted to the factory; and the mainstream quotation of propylene oxide Market in North China is around 10400 yuan/ton, which is remitted to the factory.

Industry Chain: The market price of propylene in Shandong upstream rose this week. Prices of propylene enterprises in Shandong Province maintained stable in early August, declining continuously from 5 to 8 days, totaling 450-500 yuan/ton, rising from 14 days to 14 days, and stabilizing from 15 days. Currently, the market turnover is about 7650-7800 yuan/ton, and the mainstream price is about 7700 yuan/ton. Downstream polyether market to digest high-priced raw materials is still weak, propylene oxide is mostly just needed to purchase, digestion inventory is the main.

3. Future market forecast:

Propylene oxide analysts believe that rising propylene prices in the upstream have a certain cost support for propylene oxide, and narrowing supply side is an important factor in the rise of propylene oxide, but downstream factories are under pressure to purchase, and terminal demand is weak to follow up. It is expected that the market of propylene oxide will be dominated by high-level finishing operation next week. The key point is still to pay close attention to the main plant.

Price Trend

According to the data of business associations, the market price of propylene (Shandong) in China has been declining in a straight line in recent days, with the average price of propylene (Shandong) at the beginning of the week being 7,875 yuan/ton, while the average price of propylene (Shandong) on Friday was 7,525 yuan/ton, with a weekly decline of 4.45%, 5.69% compared with last weekend (August 3).

II. Analytical Review

Products: The price of propylene enterprises in Shandong Province maintained stable in early August, and began to fall continuously on the 5th day. It dropped 450-500 yuan/ton on the 8th day. Today, it is stable as a whole. At present, the market turnover is around 7480-7650 yuan/ton, the mainstream price is about 7500 yuan/ton, and the low-end price has been revised back. The supply of refineries has increased, the inventory is moderately high, and there is a certain pressure on shipment.

Industry chain: Upstream, affected by the international situation, the international crude oil declined significantly in the first few days of this week, and the crude oil recovered significantly on Thursday. If we can maintain the upward trend, or have some support for propylene. Downstream, due to the sharp drop in propylene prices, downstream PP powder, butyl octanol and acrylic acid and other profits have increased, the start-up rate is still acceptable. This week, polypropylene futures prices are not ideal, spot prices have also declined, which has no positive effect on propylene for the time being; acrylic acid prices are flat all the way, which has little impact on propylene; while propylene oxide plant plant has a good negative effect, resulting in a rise in mid-week prices, which has a partial positive impact on propylene; and the epichlorohydrin market declined early in the week. Nearly 5% has a negative impact on propylene, while butyl octanol unit has decreased its negative impact and the market has increased slightly since last weekend, which has a slightly positive impact on propylene market.

3. Future Market Forecast

Propylene analyst of Business Society Chemical Branch believes that: overall, the recent international crude oil market is unstable, the weekend rebound, big changes, PP spot market is not ideal, downstream profit margin has improved, start-up rate is good, but refinery inventory is slightly higher, shipment pressure is still large, propylene prices are expected to rebound in the near future or a small amount. Between.

PVC trading is tepid, market consolidation, price trend

According to the data monitored by business associations (the average price of SG5 manufactured by calcium carbide method), domestic PVC quoted 6722 yuan/ton on August 5, domestic PVC quoted 6705 yuan/ton on August 9, and the overall price fluctuation ranged from 50 to 100 yuan/ton, with an overall decline of 0.26%. This week, PVC market consolidation was the main trend.

II. Cause Analysis

Product: This week, the price of PVC futures fell first and then rose, driving the spot price to follow the trend of the market. The actual spot delivery atmosphere is not warm, resulting in narrow price consolidation of PVC. Narrow price volatility, downstream buyers wait-and-see attitude, just need to purchase, as of August 10 domestic mainstream PVC quotation range 6550-6900 yuan/ton.

Industry: The rubber and plastic index was 678 on August 9, up 1 point from yesterday, down 36.04% from the peak of 1060 in the cycle (2012-03-14), up 17.71% from the lowest point of 576 on December 21, 2015. (Note: Cycle refers to 2011-12-01 to date) This week, commodity market is mainly narrow consolidation, the overall trend of rubber and plastic industry is weak downward.

 
3. Future Market Forecast

PVC analysts believe that the demand for PVC terminals is just in demand in the near future. The actual trading of PVC market is general and macroeconomic stability is maintained. In the short term, PVC market consolidation is expected to dominate. Supply-demand game dominates the price trend. The mainstream price of PVC 5 is expected to be 6500-7000 yuan/ton. Mainly

Price Trend

Lead market continued to rise this week (08.05-08.09). The average domestic market price was 16237.50 yuan per ton at the beginning of the week and 16700 yuan per ton at the end of the week, with a weekly increase of 2.85%.

On August 9, the lead commodity index was 101.64, up 0.35 points from yesterday, down 24.15% from the peak of 134.01 points in the cycle (2016-11-29), and up 36.19% from the low of 74.63 points on March 19, 2015. (Note: Period refers to 2011-09-01 to date).

II. Market Trend Analysis

Domestic market: This week, the domestic spot lead market as a whole rose, with a cumulative increase of about 400 yuan/ton, mainly driven by the futures market. This week, Lun lead and Shanghai lead rebounded at the bottom, showing a good trend, Lun lead rose more, and Shanghai lead followed. Up to Friday, the mainstream quotation of brand lead in Shanghai was maintained at about 16700-16900 yuan/ton. The market brand lead was concentrated in Jinsha lead in Shanghai, Henan Yuguang, Wanyang, Minshan, Guangdong Nanhua lead, and Henan Yuguang. In terms of start-up, environmental protection in many places was strictly checked. Most factories in Shandong, Sichuan, Jiangxi and other places stopped or reduced production. Most of them are purchased on demand. The price of downstream batteries keeps rising, and the market gradually enters the peak season. In terms of lifting and discounting, the spot lifting range of this week is narrower than last week, with a set of Yunxi lifting range of 800-1200 yuan/ton, an ordinary cloud lifting range of 500-1000 yuan/ton and a small-brand lifting range of 200-500 yuan/ton.

Domestic events:

Nine departments of Sichuan Province jointly launched a special campaign on pollution prevention and control of waste lead-acid batteries: Recently, according to the requirements of the Ministry of Ecological Environment and the National Development and Reform Commission (NDRC) of nine ministries and commissions (bureaus) on the issuance of the “Action Plan for Pollution Prevention and Control of Waste Lead-acid Batteries” (Solid State Environmental Protection Office No. 3, 2019), Sichuan Provincial Department of Ecological Environment, Development and Reform Commission The Nine Departments of the Council of Commissioners, the Department of Economy and Information, the Public Security Department, the Judicial Department, the Finance Department, the Transportation Department, the Provincial Taxation Administration, the Provincial Market Supervision and Administration, and the Commerce Department jointly issued the Action Plan for Preventing and Controlling the Pollution of Waste Lead Batteries in Sichuan Province. It is clear that by the end of 2020, the province will basically realize the standardized collection of waste lead Full coverage will be achieved in key counties (districts and municipalities) of the collection network, and the standard collection rate of waste lead-acid batteries will reach more than 40%. By 2025, the standard collection rate of waste lead-acid batteries will reach more than 70%, and the safe utilization and disposal of waste lead-acid batteries collected will be standardized.

Non-ferrous industry: This week, the performance of basic metals first restrained and then increased. The offshore renminbi “unexpectedly” broke seven, while the US Treasury Department classified China as a currency manipulator. China-US relations deteriorated further. Subjects such as stock markets and bonds in the global financial system suffered a systematic slump. Gold continued to soar. Commodities fell sharply at the beginning of the week. Then, when the US dollar fell, the market panicked. Emotions gradually recovered, commodities showed a low rebound, repair the upward trend, most of the weekend recovered some of the early week’s decline.

3. Prospects for the Future Market

Next week’s economic data in Europe and the United States are still relatively concentrated, and worries in the macro environment are not recovering. This week’s low rebound has lifted most metals out of the trough. However, the sustained rebound still needs the promotion of each metal’s own fundamentals and the degree of favor of funds. We should be alert to the gradual withdrawal of large-scale capital into the market in the next week. Lead prices are expected to remain volatile at high levels next week, but it is not ruled out that the high may fall.

Price Trend

According to the data of business associations, the market price of aniline in Nanjing remained stable this week compared with last week’s, rising by 100 yuan/ton on the 5th day and returning on the 6th day; the market price in Shandong fell by 70 yuan/ton compared with last week, a decline of 1.25%. The mainstream price in Shandong is 5500 yuan/ton, while that in Nanjing is 5900 yuan/ton.

II. Analytical Review

Raw Material: About 156,000 tons of pure benzene are in stock at the port this week, up from last week. Influenced by bad news such as crude oil, pure benzol and the softer downstream market, the traders are cautious and wait-and-see in the downstream market.

Product: This week raw material pure benzene Market weakened again, aniline cost surface support weakened. And the downstream demand is weak, and the follow-up to aniline is insufficient. The market price of aniline increased by 100 yuan/ton on the 5th day in East China due to the favorable factors of cargo ship delivery, but the market was still light, and decreased by 100 yuan/ton on the 6th. This week, aniline companies mainly reduce prices to inventory.

III. Future Market Expectations

Raw Material: At present, downstream demand for pure benzene is weak, the overall procurement enthusiasm is not high, although the previous inventory has declined, but considering that with the shrinking of the Asia-American window, subsequent arrivals will continue to increase, which will drag down the market recovery.

The hot weather, low downstream start-up rate, lack of support for aniline prices. It is reported that King King of Jinling has a parking maintenance plan, which provides good support for the price of aniline in Shandong, but the support is expected to be limited.

Aniline is expected to run weakly and steadily next week.

Price Trend

According to the data monitoring of business associations, the average price of n-butanol in mainstream areas was 6366.67 yuan/ton (including tax) as of August 8, and the price in mainstream areas was 83.34 yuan/ton (including tax) higher than that of last Friday (August 2). The weekly average price was 1.33% higher than that of last Friday (including tax). At present, the mainstream price range of n-butanol in China is 6200-6500 yuan/ton.

II. Market Analysis

Product: This week, the price of domestic butanol market continued to move steadily, slightly upward. The good maintenance of the plant still has an impact on the market. The firms offer more firm, the mainstream factories sell smoothly, the market activity atmosphere is more peaceful, the mainstream quotation in North China is around 6450 yuan/ton, and the mainstream quotation in East China is around 6600 yuan./ Near ton.

Industry chain: The market price of propylene, the upstream product of n-butanol, has fallen considerably this week. In early August, the propylene market operated steadily until August 5, when it began to fall, it dropped by 350 yuan/ton to August 7. At present, the market turnover is about 7550-8000 yuan/ton, and the mainstream price is about 7600 yuan/ton. Downstream factories are still in need of purchasing, refinery shipment pressure continues to rise, warming up the mood for profit and expenditure, further weakening the macro-market, the market for propylene is bad, propylene prices are expected to decline in recent days.

3. Future Market Forecast

Forecast: It is expected that the domestic n-butanol market will remain strong in the near future.

Price Trend

The domestic butadiene market continued to be strong this week. Business Association monitoring showed that the domestic butadiene market price at the beginning of the week was 8890 yuan/ton, and the domestic butadiene price at the weekend was 9267 yuan/ton. Within the week, the price rose by 4.25%, which was 25.92% lower than the same period last year.

II. Analysis of Influencing Factors

Products: This week, the domestic butadiene market continued to strengthen upward, Sinopec East and South China prices continued to rise 400 yuan/ton to 9700 yuan/ton, Sinopec North China and Central China prices followed up to 9300 yuan/ton, and Northern export manufacturers quoted 9500-9800 yuan/ton. Within a week, the export of goods in Northeast China was limited, only 338 tons of goods in Huajin were exported. The shortage of spot supply continued to bring obvious support to the market. The short-term sustained increase boosted the enthusiasm of replenishing warehouses downstream. The supply price of manufacturers kept rising and the overall market was pushing upward. With the strong rise of butadiene, the downstream synthetic rubber market rose slightly, and business mentality improved, the overall market climate improved. Inventory of tank farm in East China is low, the position of middlemen is limited, and the mentality of reluctance to sell is obvious. The news that Sinopec’s supply price in East China continues to rise has boosted the market, and the market quotation is high.

Industry chain: downstream synthetic rubber, styrene-butadiene rubber, this week, the domestic dry rubber factory price slightly increased, styrene-butadiene rubber 1502 sheet price 10200-10400 yuan/ton, 100-250 yuan/ton higher than last period; styrene-butadiene oil rubber 1712 sheet price 9300-9450 yuan/ton, 100-150 yuan/ton higher than last period. The price of Qilu 1502E has risen by 350 yuan/ton compared with the previous period; Qilu 1712 has risen by 9600 yuan/ton; Qilu 1502E has risen by 300 yuan/ton compared with the previous period. Cis-butadiene rubber, this cycle, domestic high-cis-butadiene rubber mainstream ex-factory prices rose to 10,420-10,600 yuan/ton range, an increase of 100 yuan/ton; market mainstream prices rose to 10,700-11,100 yuan/ton range, compared with last week’s mainstream prices rose by 100-200 yuan/ton. SBS: Domestic SBS market oil glue low finishing, dry rubber road to small finishing.

3. Future Market Forecast

On the positive side, domestic manufacturers’inventory is low, spot supply is tight, and the downstream market is rising slightly. On the negative side, the profit of synthetic rubber bears pressure, and some downstream manufacturers plan to reduce production. Spot resources in Northeast China are shrinking, and market supply continues to drive up the market. With the rapid increase of butadiene and the narrowing of the price gap between butadiene and downstream synthetic rubber, the profit pressure of downstream butadiene-styrene and cis-butadiene industries is obvious. Recently, a few manufacturers have heard that they plan to reduce the volume or drag the market of butadiene in the later period. However, the supply side of short-term butadiene market is strong, and the supply price of Sinopec continues to rise. Business Association butadiene analysts expect the domestic butadiene market to remain strong next week, and suggest that attention should be paid to manufacturers’prices and trading conditions.

Price Trend

In July 2019, the domestic market of cyclohexanone rose first and then fell. According to the sample data monitored by business associations, the price of cyclohexanone was 7966 yuan/ton at the beginning of the month, and 8333 yuan/ton at the end of the month, an increase of 4.60% in the month. Prices fell by 30.56% over the same period last year.

II. Market Analysis

Products: In July, the cyclohexanone market showed a trend of first rising and then falling. The raw material pure benzene market continues to rise, the cost side has a certain degree of support. The downstream caprolactam market prices are stable, moderate and upward, and Shenyuan, Hengyi and other factories purchase normally. There is no spot export in Luxi for the time being, and the overall spot supply is tight. In the latter ten days, the pure benzene market fell slightly, the cost support was insufficient, and the pressure of high-price caprolactam shipment was on the high side. Some factories reduced the purchasing volume of cyclohexanone. In addition, the spot export of Luxi further aggravated the decline in the market price of cyclohexanone. The demand for solvent market was general in the month, and traders just needed to purchase, and market transactions were concluded. The atmosphere was flat.

Industry Chain: Raw Material: Pure Benzene: This month, the price of pure Benzene rebounded rapidly and fell back. Price is mainly affected by the trend of external market. As a result, the price of external market in the first 4-5 months was much higher than that in China, the import of pure benzene in June-July dropped sharply; some domestic reforming and disproportionation units were reduced due to cost reasons, and some large factories were converted to small-order supplementary contracts. Affected by the above reasons, domestic pure benzene supply was reduced, and port stock was reduced from 210,000 tons at the end of June to 155,000 tons at the end of July. Caprolactam: In July, the domestic caprolactam liquid market rose as a whole, slightly softening towards the end of the month. In July, the nylon industry chain as a whole was in a recovery situation. On the one hand, at the end of June, the G20 Summit of Chinese and American leaders released a positive signal. The US tariff of 325 billion US dollars was not levied on China for the time being, which boosted the market mentality and boosted the commodity market. On the other hand, at the end of June, the prices of caprolactam and PA6 slices fell to a new low, and the downstream purchase risk was not high. In addition, due to the market decline in the previous few months, the downstream purchase was concentrated at the end of June when the prices were low. The factory inventory eased and the peripheral good boosted, which led to the July market rise.

Industry: According to the price monitoring of business associations, in July 2019, 43 kinds of commodities rose annually in the chemical sector, of which 23 commodities increased by more than 5% accounted for 27.4% of the monitored commodities in the sector; the top three commodities were yellow phosphorus (47.32%), phosphoric acid (26.94%) and hydrochloric acid (23.33%). There are 33 kinds of commodities with a decline of more than 5%, accounting for 11.9% of the monitored commodities in this sector. The products with the first three declines are trichloromethane (-16.39%), sulfur (-13.71%) and bromine (-9.66%). This month’s average rise and fall was 2.41%.

3. Future Market Forecast

In the short term, the spot supply of cyclohexanone plant fluctuates little, while the demand for downstream caprolactam may decrease, and the solvent market just needs to be purchased. Considering cost pressures, analysts of Cyclohexanone, a business firm, predict that the short-term market for Cyclohexanone will weaken by a limited margin. In the long run, new production capacity may be released in August, showing a pattern of supply exceeding demand.

Price Trend

In July 2019, the domestic market for 1# lead ingots shocked, with an average price of 16106.25 yuan/ton at the beginning of the month and 16650 yuan/ton at the end of the month, an increase of 3.38%.

On July 31, the lead commodity index was 100.38, down 0.95 points from yesterday, down 25.10% from the cyclical peak of 134.01 points (2016-11-29), and up 34.50% from the lowest point of 74.63 on March 19, 2015. (Note: Period refers to 2011-09-01 to date).

II. Market Analysis

Domestic market: This month, the spot lead market overall shocks higher, in mid-July ushered in a wave of gains, mainly driven by the futures market, Lunqian eased trade tensions between China and the United States, the Federal Reserve expected to increase the probability of interest rate cuts, Pierre Port lead refinery delayed the resumption of production and other multiple good news stimulated, three consecutive daily results. The weekly increase of body length was 4.98%. Driven by this, Shanghai lead started to reach 16,450 yuan/ton on the 10th or so, reaching a new high in recent two months. Spot market was boosted and began to enter the ascending channel. However, downstream demand has not yet been liberalized. The downstream battery industry is mainly on the lookout, purchasing cautiously, and the rise in spot market is limited. On the 15th, with the expected global interest rate cut, the US dollar rose and fell. The domestic economic data for half a year showed that the economy was stable. The bull capital came into the market strongly. The basic metals were flushed red all over the line under the financial impetus. Lunqian rose continuously to US$2070/ton, with a weekly increase of 4.6% and a cumulative increase of about 9.3% in Lunqian in two weeks. Shanghai lead was driven by four consecutive Lianyang, up to 16,700 yuan/ton, a 3.5% weekly increase. The main trading range of spot lead is 16000-16575 yuan/ton, up about 500 yuan/ton. However, downstream battery companies are afraid of high-prudent mining, market turnover is poor, market confidence is inadequate, downstream manufacturers are less willing to hoard goods, mainly on-demand procurement, due to the lack of downstream support, spot lead prices are insufficient momentum to rise, downward shocks, restore the trend of shocks.

Supply and demand: According to a report released by the International Lead and Zinc Research Group (ILZSG) on July 16, global lead supply in May turned into an excess of 13,400 tons and a shortage of 30,800 tons in April. In the first five months of this year, the global lead market was short of 42,000 tons, compared with 34,000 tons in the same period last year.

According to data released by the World Bureau of Metal Statistics (WBMS) on July 17, the global lead market supply gap was 162,000 tons in January-May 2019 and 280,000 tons in the whole year of 2018. By the end of May, the total stock was 19,000 tons lower than that at the end of 2018. Unreported inventory changes are not included in consumption statistics. From January to May 2019, global refined lead production (primary and recycled) was 5.177 million tons, an increase of 9.8% over the same period last year. China’s apparent demand is estimated at 2.462 million tons, an increase of 499,000 tons over the same period last year, accounting for about 46% of the global total. Apparent demand in the United States increased by 13,000 tons from January to May 2019. In May 2019, the output of refined lead was 1023,400 tons and the consumption was 103,06,000 tons.

Domestic events:

Ministry of Industry and Information Technology: List of 7 lead-acid battery enterprises revoked by the announcement: According to “Standard Conditions for Lead-acid Battery Industry (2015 edition)” and “Management Measures for Lead-acid Battery Industry Announcement (2015 edition)”, the announcement (No. 5 in 2016, No. 38 in 2016, No. 20 in 2017) will be withdrawn from the announcement (No. 5 in 2016, No. 38 in 2016, No. 20 in 2017). The list of seven lead-acid battery enterprises sold will be announced.

Environmental protection “imperial mission” to start again! Central ecological environmental protection supervision involves central enterprises for the first time: Recently, the Ministry of Ecology and Environment issued a message that the second round of the first batch of central ecological environmental protection supervision will be launched in full in the near future. Eight central ecological environment protection supervision teams have been set up to supervise and stationed in six provinces and two central enterprises.

3. Prospects for the Future Market

The downstream battery industry continues to digest Pre-Inventory mainly, affected by high temperature, blocked plans to improve production capacity, feared high emotions, and lacked downstream support. It is expected that spot lead prices will still be mainly shocky.

Price Trend

According to the price monitoring of business associations, the price of asphalt market rose in July. At the end of the month, the price of asphalt was 3596 yuan/ton, which was 2.86% higher than that of 3496 yuan/ton at the beginning of the month.

II. Analysis of Influencing Factors

Products: The demand of asphalt market improved in July, and the international oil price shocks warmed up. The price of asphalt market showed an upward trend.

Industry chain: In July, tense U.S. -Iraq relations, the Gulf of Mexico storm, worries about oversupply and other air news intertwined. The international crude oil market rises first, then falls and then rises, showing a general trend of shock and warming, supporting the price of asphalt market.

Asphalt market: After the strong price increase in mid-July in Northeast China, the price remained stable, and the traders mainly relied on the digestive inventory. The sales orders of asphalt in Shandong continue to be booming, and the refinery’s pick-up volume continues to be high. At the same time, some refineries stop production and reduce production to support the price of asphalt at the supply side. At the end of the rainy season in East China, following the pace of Shandong Province, the demand of traders for hoarding goods and the real demand of the terminal jointly led to hot spot transactions, which promoted the price of domestic asphalt market to rise.

3. Future Market Forecast

Lu Xingjun, an asphalt analyst at the business association, believes that the international crude oil market is heading for a better position, while the domestic asphalt market is entering a peak season, and the price of asphalt is expected to continue to rise in August.

Price Trend

According to the price monitoring of business associations, urea factory prices in Shandong fell slightly this week. This week, the average price of urea mainstream producers dropped from 1916.67 yuan/ton at the beginning of the week to 1913.33 yuan/ton at the end of the week. The price of urea mainstream producers dropped by 3.34 yuan/ton, a decline of 0.17%, an increase of 1.16% over the same period last year. Overall, the urea market fell slightly this week, with the urea commodity index of 88.99 on July 26.

II. Market Analysis

Products: This week, the main urea factory prices in Shandong fell slightly. Yangmei Plain urea quoted 1870 yuan/ton this week, the quotation is temporarily stable; Shandong Ruixing weekend quoted 1860 yuan/ton, compared with the beginning of the week, the quotation fell by 10 yuan/ton; Mingshui Chemical Industry quoted 2010 yuan/ton this week, the quotation is temporarily stable. Recent environmental protection inspection atmosphere in China has eased, the overall industry start-up rate of domestic compound fertilizer enterprises has risen, and the plant load is still acceptable.

Market demand: Agricultural demand in Shandong has passed, although there is a phenomenon of fertilizer supplementation, but relatively few, along with the downstream demand decline, urea prices have slowly declined. It is expected that the urea market in Shandong Province will fall mainly in the short term.

Industry chain: Upstream natural gas prices rose slightly, liquid ammonia market rose slightly, urea cost support was strong, which had a negative impact on urea prices. The downstream compound fertilizer is generally started, which has a negative effect on urea.

3. Future Market Forecast

Low urea prices consolidated in late July. After the adjustment in June, the capital reflux of each factory is in good condition, the start-up rate has risen, and the production capacity has risen. Business society urea analysts believe that the current domestic urea market is affected by environmental protection and raw material costs. With the recovery of urea enterprise start-up rate, coupled with the current agricultural demand climax has passed, the downstream game atmosphere of the market is strong and start-up costs are gradually increasing, leading to the difficulty of maintaining urea market prices. It is expected that urea prices will be difficult to maintain in late July. Or low consolidation.

Price Trend

This week (7.22-7.26) the “V” trend of the domestic 1 # tin ingot market. The average price of the domestic market was 13635 yuan/ton at the beginning of the week, and 13617.50 yuan/ton at the end of the week, down 0.14%.

On July 26, the tin commodity index was 69.35, up 0.44 points from yesterday, down 30.82% from the peak of 100.25 points in the cycle (2011-09-05), and up 61.81% from the low of 42.86 points on December 09, 2015. (Note: Period refers to 2011-09-01 to date).

II. Market Trend Analysis

Domestic market: This week, the domestic spot tin market first restrained and then rose, showing a “V” trend as a whole. As of Friday, the mainstream price of domestic spot tin was 135000-137000 yuan/ton, down 250 yuan/ton from the beginning of the week. Tin ingots on the first three days of this week followed the period of low tin, and on Thursday, the price of tin rebounded, but the downstream entered the view. Looking forward to the atmosphere, business is limited. In the aspect of lifting and discharging water, the suit brand Yunxi lifting water is 1000-1500 yuan/ton, the ordinary Yunzi lifting water is 500-1200 yuan/ton, and the small brand lifting water is 400-800 yuan/ton.

Non-ferrous industry: This week, the dollar soared near 97.9, crude oil high fell, basic metals after last week’s bulls dominated the market have come out of the breakthrough market, this week, there are many profit cuts out of the market, short homeopathic pressure situation, most of the metal appears in varying degrees of decline and decline.

3. Prospects for the Future Market

Next week is the last few trading days of late July. It is difficult for cash pressure to keep the spot market active. However, due to the market waiting for the results of the Federal Reserve interest rate reduction meeting and the good expectations of the new progress in Sino-US trade negotiations, it is expected that the broad volatility of spot tin prices will dominate next week.

Price Trend

According to the price monitoring of business associations, as of July 23, the average price of domestic aggregated MDI market was 12700 yuan/ton, which was 625 yuan/ton higher than the lowest price in a month (6.17), an increase of 5.18%, a decrease of 34.65% compared with the same period last year, and the overall market situation was relatively strong.

II. Market Analysis

Products: Domestic aggregated MDI market quotation is relatively strong, the focus of negotiation is difficult to move up. Towards the end of the month, traders are scarce in supply, reluctant to sell mainly, and the quotation is mainly increased. On the other hand, the downstream inquiries are still light, and it is difficult to improve in the short term. However, in view of the stringent control of the manufacturer’s goods and the obvious market intentions, with the gradual improvement of market demand, there is still room to explore the market price of aggregated MDI. Traders are now traveling with the shipment, cautiously watching the manufacturer’s price guidance and supply policy.

On the market side, the market price of aggregated MDI in South China is on the strong side. On-site supply is slightly tight. Towards the end of the month, the holders are reluctant to sell, and high prices are difficult to conclude transactions. The operators are cautious about the dynamics of the manufacturers. The market of aggregated MDI in East China is strong and the turnover is weak. There are not many goods in the yard, and the holders are reluctant to sell, but they just need small orders downstream. The aggregate MDI market in North China is shaking strongly. Supplier manufacturers control the market, near the end of the month, holders are reluctant to sell mainly, quotation is strong, but downstream inquiries are relatively light.

Industry chain: raw materials, pure benzene: pure benzene US dollar plate continued to fall, suppressing market enthusiasm. The downstream is cautious in picking up goods, and the business holds a weak expectation of the future market. Aniline: Because the upstream raw material pure benzene US dollar plate falls unceasingly, the market mentality is cautious, in addition to Shandong Jinling pure benzene tender price stock falls expectations, and at present the downstream aniline factory parking restriction is more, the demand is weak, in the short term the aniline Market stable price shipment primarily.

3. Future Market Forecast

Business Cooperatives: Aggregate MDI market prices to break the multi-day stalemate, traders have a strong price mentality, there are good expectations for the future market. Business Association aggregate MDI analysts expect that the short-term domestic aggregate MDI market will remain strong.

Price Trend

According to the data of business associations, the domestic market price of monoammonium phosphate has been running steadily this week. The average price of powder ammonium is 2200 yuan per ton at the beginning of the week and 2200 yuan per ton at the end of the week.

According to the monitoring data of business associations, the domestic market price of diammonium phosphate has been running steadily this week, with 64% of diammonium granules leaving the factory at an average price of 2500 yuan/ton at the beginning of the week and 2500 yuan/ton at the end of the week.

II. Market Analysis

Monoammonium phosphate: There is no obvious change in the domestic market price of monoammonium phosphate. The price of 55% ammonium powder in Anhui province is 2100-2200 yuan/ton, and the start-up is stable; the price of 60% ammonium powder in Hubei province is 2300-2400 yuan/ton, and the overall operation is stable; the market in Henan province is stable, and the price of 55% ammonium powder in Anhui province is 2100 yuan/ton, and the start-up is stable. The overall start-up rate of enterprises is about 50%.

Diammonium phosphate: The domestic diammonium market is weak. At present, 64% of diammonium in Hubei is quoted at 2400-2600 yuan/ton, 64% of diammonium in Shandong is quoted at 2400-2500 yuan/ton, and 64% of diammonium in Yunnan is quoted at 2700 yuan/ton.

Industry chain: upstream domestic phosphoric acid enterprises started stable, spot supply is tight, due to the rise of yellow phosphorus, phosphoric acid holders high offer. Domestic sulfur market prices rose slightly and supply and demand were balanced. Maintaining stable operation of domestic phosphate ore market is dominant, with small fluctuations in some areas. Domestic liquid ammonia market has little fluctuation, moderate price and steady market. Downstream compound fertilizer enterprises are cautious in taking goods and remain on the sidelines.

3. Future Market Forecast

Ammonium phosphate analysts of business associations believe that ammonium is mainly used in the previous orders, while a small number of downstream compound fertilizer enterprises follow up, most of them are cautious and wait-and-see attitude. The ammonium market may run steadily in the short run. From the demand point of view, diammonium is in the off-season, the market is weak, the demand is very small, the international market is flat, and the price of diammonium is expected to remain weak and stable in the later period.

Price Trend

According to the data from the business associations’list, the price trend of domestic TDI market has been stable this week. At the beginning of the week, the average market price in eastern China was about 14,000 yuan/ton. At the end of the week, the average market price in eastern China was about 14,000 yuan/ton. During the week, the price was flat, down 58.80% year on year.

II. Market Analysis

Product: This week, the TDI market in eastern China is deadlocked and the price trend is stable. This week, the atmosphere on the venue is still light, single transactions are not smooth, business offers remain stable and follow the market. As of the 19th, the quotation of domestic goods with tickets in East China is 13500-13700 yuan/ton, that of Shanghai is 13700-13800 yuan/ton, that of South China is 13600-13700 yuan/ton, that of Shanghai is 13800-14000 yuan/ton, and that of North China is 13700-13800 yuan/ton. 13400-13600 yuan/ton, Shanghai goods with tickets out of warehouse offer reference 13600-13800 yuan/ton.

Industry chain: The price trend of nitric acid in the upstream is stable, and the market price is about 1756.67 yuan/ton in a week, which is stable; the mainstream quotation of nitric acid in Jiangsu is 1720 yuan/ton, and the quotation is temporarily stable, and the demand of nitric acid market is still acceptable. The quotation of the manufacturer is basically stable, and the quotation of individual manufacturer is somewhat loose. The nitric acid shipment situation is general. The toluene market price was stable from the beginning of the week to the middle of the week. Driven by the drop in oil prices in the second half of the week, the price began to recover. At present, the mainstream price in East China is around 5400-5450 yuan/ton, with a drop of 0.34% in the week.

3. Future Market Forecast

According to the analysis of business association data analysts: the domestic TDI market is stagnant, the overall atmosphere in the field is still depressed, the demand side lacks substantive support, the transaction follow-up is not smooth, and the main business is to make more offers to maintain stability and negotiate shipment. Short-term or moderate strong shocks are expected.

1. Melamine price trend:

According to the data from the business associations’list, as of July 19, the market price of melamine had risen. At present, the mainstream price of melamine in China is 5800-7200 yuan/ton, which is 3.78% higher than that at the beginning of the week and 4.92% higher than that on June 19.

II. Market analysis:

Products: Melamine market price rises. Enterprises often carry out pre-purchase in advance, without pressure on delivery. Recently, part of the overhaul equipment started to start, the market start-up rate has rebounded, and downstream terminal demand performance is general.

Industry chain: the upstream urea market is stagnant, the mainstream ex-factory prices have fallen slightly, the trading atmosphere is light, there is no favorable demand for agriculture and industry, and the downstream receipt enthusiasm is general.

3. Future market forecast:

According to the business association’s forecast, the short-term domestic melamine market will be mainly stable operation.

Price Trend

According to the data of business associations, driven by the rise in crude oil, domestic xylene market prices continued to rise last week, with a weekly increase of about 2.5%.

II. Analytical Review

1. Products: The market price of xylene was stable from the beginning of the week to the middle of the week. Driven by the rebound of oil price in the second half of the week, the price began to rise. At present, the mainstream price in East China is about 5600-5650 yuan/ton.

2. Industrial chain:

Upstream, crude oil, this week oil prices changed from last week’s decline, a strong rebound, Brent crude oil futures rose about 4.4% this week, WTI crude oil futures rose about 4.9% this week.

Downstream, PX market, downstream PTA prices rise, overlapping Global trade has good expectations, terminal textile exports are expected to increase, PX downstream market is supported, short-term prices still have room to rise; OX market, phenyl market is mixed, the future phenyl clean-up operation, market stability.

3. Future Market Forecast

Xylene analysts from Business, Social and Chemical Branch believe that the toluene market is expected to pull back slightly next Tuesday. For international crude oil, we need to focus on the situation in the United States and Iraq and the fluctuation of demand for crude oil in the global economic outlook.

I. Trend of Rare Earth Market

As of July 12, the weekend price of Pr-Nd oxides was 32500 yuan/ton, the price trend dropped 4.44% and increased 2.71% year-on-year; the domestic reference quotation of dysprosium-iron alloys was 19200 yuan/ton, the price trend declined 1.29% and increased 62.71% year-on-year; and the domestic reference quotation of Pr-Nd alloys was 41.44%. 5,000 yuan per ton, the price trend fell by 4.60%, 3.82% year on year; the mainstream price of praseodymium oxide was 405,000 yuan per ton, the price trend was temporarily stable, down 1.22% year on year; the mainstream price of dysprosium oxide was 192,000 yuan per ton, the price trend was down 1.29%, up 66.23% year on year; the price of neodymium oxide was 324,500 yuan per ton, and the price trend was down. 4.42%, down 0.15% year on year; neodymium quotation is 41500 yuan/ton, price trend is 4.60%, flat year on year; praseodymium ex-factory quotation is 710000 yuan/ton, price trend is temporarily stable, up 7.58% year on year; dysprosium ex-factory mainstream quotation is 24000 yuan/ton, price trend is temporarily stable, up 47.69% year on year.

II. Rare Earth Price Index

On July 12, the rare earth index was 386 points, unchanged from yesterday, down 61.40% from the cyclical peak of 1000 points (2011-12-06), and up 42.44% from the lowest point of 271 on September 13, 2015. (Note: Period refers to 2011-12-01 to date).

III. Market Analysis

Recently, the prices of some products in the rare earth market have declined. Most commodity prices in the rare earth market have been stable. However, the prices of some products in the rare earth market have fallen recently. The prices of dysprosium and terbium metals have fallen. Recently, the prices of praseodymium and neodymium series products have declined. The supply in the rare earth market is normal, and the prices of light rare earths have declined recently. The price fluctuation of rare earth market is related to environmental protection supervision in the whole country. Rare earth production has its particularity, especially the radiation hazard of some products, which makes environmental protection supervision stricter. Under the strict environmental protection inspection, rare earth separation enterprises in many provinces have stopped production, resulting in a general market of rare earth oxides. Recently, the rare earth market has turned to the seller’s market. The manufacturers have reasonable control over sales and are reluctant to sell. Especially for some mainstream rare earth oxides, the supply performance is still tense. The price trend of rare earth market has slightly declined. Recently, large enterprise groups on the market are reluctant to sell. The market trend of rare earth is poor. However, major manufacturers are cautious about the pricing of products.

Recently, the State Environmental Protection Department has made no reduction in its stringent efforts, which has a greater impact on the rare earth industry. The rare earth industry has a low start-up and a cold market. At the recent press conference on macroeconomic operation held by the Development and Reform Commission, Meng Wei, spokesman of the National Development and Reform Commission (NDRC), answering reporters’questions on rare earth, said that on the basis of in-depth investigation and scientific demonstration, relevant policies and measures would be put forward to give full play to the special value of rare earth as a strategic resource. Due to the increasingly obvious regulatory effect, the supply of raw ore resources in the upstream of the rare earth industry has shrunk, and the trading market of the rare earth industry has declined.

IV. Future Prospects

Rare earth analysts from business associations expect that domestic environmental stringency will not diminish in the near future, coupled with domestic rectification of the order of the rare earth industry, Myanmar restricts exports and reduces supply, but rare earth market transactions are limited in the near future, and some prices in the rare earth market are expected to fall.

Price trends:

The crude benzol commodity index on July 12 was 62.64, unchanged from yesterday, down 52.49% from the cyclical peak of 131.84 points (2013-01-28), and up 59.59% from the lowest point of 39.25 on December 22, 2014. (Note: Period refers to 2011-09-01 to date).

II. Market analysis:

Domestic market: The domestic crude benzene market has been rising since June, mainly boosted by the sharp rise in the external market of pure benzene. Sinopec has raised its listing price several times, up to 5250 yuan/ton on the 12th day. In addition, the inventory of pure benzene ports has been declining for a long time. Market participants are still bullish on the future market of pure benzene. Market demand: In recent years, the starting rate of hydrobenzene enterprises is gradually rising, many decoration projects are started, or some enterprises have restart plans, the demand for crude benzene will increase, boosting the crude benzene market. In terms of market supply, coking enterprises have started construction more steadily in the near future, with stable supply, high initiative and stable supply.

Industry Chain: Crude Oil: Oil prices showed a slight rebound after falling this week. Overall, Brent fell nearly 2% compared with last week, and WTI fell more than 4%. Oil prices fell early in the week on fears of a slowdown. On Wednesday, news of three consecutive weeks of decline in U.S. crude oil inventories and a nine-month extension of OPEC’s cut-off agreement boosted oil prices. Oil prices rose twice this week. After the second increase, downstream conflicting sentiment was strong and pure benzene speculation eased. Pure benzene: Pure benzene market enthusiasm is high. Monday was the beginning of the month, as the contract delivery task was completed at the end of June, the enthusiasm for market surge eased. On Tuesday, news began that South Korea exported only 20,000 tons of pure benzene to China in June, and the stock of East China Port declined, boosting the market, the market sentiment was strong.

3. Trend forecast:

Recent positive factors have been released centrally. Most of the pure benzene market is optimistic. Inventories in East China continue to decline. Hydrobenzene companies in downstream areas have started construction. It is expected that the crude benzene market will still have room for growth next week, with an increase of about 100 yuan/ton.

Price Trend

Business associations: MTBE market prices rose this week (July 7-July 13)

According to data from business associations, MTBE’s price this weekend was 5250 yuan/ton, up 1.81% from the previous week’s price.

II. Market Analysis

Products: Gasoline market price rose 4.87%, domestic MTBE market will rise this week.

Industry chain: MTBE spot price in South China continued to rise during this period; Shandong rebounded after the fall. In South China, Sinopec’s MTBE demand is large this month, and the enthusiasm of oil regulators has also increased. MTBE is still in short supply and manufacturers are actively pushing up. In Shandong, MTBE demand has improved and prices have rebounded rapidly supported by less supply.

3. Future Market Forecast

Analysts of MTBE products of Business Society Energy Branch believe that the supply of MTBE is still on the tight side from the basic point of view, and the market of MTBE will continue to rise if there is still a positive increase in demand.

I. Acrylic acid price trend:

The average acrylic acid price as of July 10 was 7600.00 yuan/ton, which was flat with the price on July 9, and the market was temporarily stable, down 4.20% compared with June 10, according to the data from the business associations’list.

II. Market analysis:

Product: Acrylic acid market is stable for the time being. The price of raw materials market is high, the cost is low, the profit is high, the pressure of factories is high, and the atmosphere of market pushing is strong. At present, the price of acrylic acid in Shandong Yukang Chemical Co., Ltd. is stable. Propionic acid 7800 yuan / ton, refined acid 8600 yuan / ton, the specific transaction price, the facts.

Industry chain: Upstream propylene prices in Shandong continued to rise slightly as of the 10th. Recently, the price of propylene enterprises in Shandong Province began to rise on July 2, and rose by 400 yuan/ton on July 5. After a few days of stabilization, the price rose by 50-100 yuan/ton on September 9 and 50 yuan/ton on October 10. At present, the mainstream transaction in the market is about 8050-8250 yuan/ton, and the mainstream price is as high as 8150 yuan/ton.

3. Future market forecast:

According to business associations, the short-term domestic acrylic acid market may be dominated by stable operation.

Price Trend

According to the price monitoring of business associations, the domestic methanol market fell as a whole this week. At the beginning of the week, the average domestic methanol market price was 2178 yuan/ton. At the end of the week, it was 2160 yuan/ton. Within the week, the price fell by 0.83%, 23.18% compared with the same period last year.

II. Market Analysis

Products: Although the domestic methanol market declined further this week, with the increase of middlemen’s air-filling operations, futures up to more than 2300 and the good news of Baofeng, Nanjing Chengzhi Phase II MTO meeting expectations, etc. news boosted; sales in the main producing areas were smooth, and port trends were relatively strong. Nanjing Chengzhi Phase II newly built 600,000 tons methanol to olefin unit was commissioned at the end of June. At present, the unit is running smoothly. As of Wednesday (7.3), the total stock of ports in eastern and southern China was 799,400 tons, up 346,000 tons annually.

Industry chain: formaldehyde: This week, the formaldehyde market shocks down. This week, the methanol market in many places fell to a low level, the cost support was weak, and the downstream market demand was light. Under the influence of bad news, the offer of formaldehyde enterprises in many places was lowered, and the actual single transaction was normal. Acetic acid: The domestic acetic acid market is stable this week. At the beginning of the week, the domestic acetic acid plant is running steadily, and the spot market is increasing continuously. As a result, some enterprises in central China appear preferential negotiation, which aggravates the hollow market. But at present, the four major East China suppliers are still tight, which gives support to market stability. In the mid-week period, Shanghai Huayi 1.2 million tons acetic acid plant reduced its load to 4-50% operation, and is expected to resume within one week. Moreover, Jiangsu Soap acetic acid plant continued to operate 80% of the total, which intensified the supply shortage in East China and gave strong support to export quotations. Dimethyl ether: This week, dimethyl ether prices fell weakly and the trading atmosphere was general. After last week’s price bottoming, the northern market ushered in a periodic replenishment period. Henan market rebounded slightly over the weekend. By Tuesday (July 2), end-user inventory saturation was gradually leaving the market. At the same time, the leading enterprises in Western Henan had increased their load, and the enterprises were unable to push up. The trading atmosphere was once again deadlocked, and the focus of negotiations was on one after another. Step down.

3. Future Market Forecast

Business Cooperative Viewpoint: On the positive side, there are still some scheduled overhauls of methanol plants in July, including Shenmu, Yankuang Yulin, Xianyang Chemistry and other enterprises in Shaanxi; Jiutai MTO plant in Inner Mongolia is currently in full capacity production and methanol is being purchased one after another; Chengzhi MTO phase II in Nanjing is in trial production at the end of June; Shandong Luxi MTO is expected to be commissioned in July; Baofeng, Ningxia Outbound factories shipped smoothly this week, and most factories had lower inventories. On the negative side, Shenhua Yulin MTO plant is expected to be overhauled in July for 20 days; the domestic methanol plant is expected to remain at a high level, and it is expected to remain above 70% next week, with abundant local supply; due to safety, environmental protection inspection and other factors, local market terminal enterprises stop, affecting methanol consumption. After this week’s deep decline, the profitability of some downstream products has improved, such as propylene, formaldehyde and so on, and the market prices in Inner Mongolia and other places have fallen to the cost line level, so the speculative intention of some operators has increased; methanol analysts of business associations expect that the domestic methanol market will temporarily stop falling next week; however, the basic supply of products. Pressure has been highlighted and demand has not been significantly increased. It is expected that the medium-term market will still need to pay attention to the progress of new MTO devices.

1.Price Trend

According to the monitoring data of business associations, the market price of diammonium phosphate fell this week. At the beginning of the week, the average price of domestic diammonium phosphate was 2616 yuan/ton, while the average price of domestic diammonium phosphate was 2500 yuan/ton at the end of the week, which was lower than that of last week.

II. Market Analysis

Product: The domestic market price of diammonium phosphate has been lowered this week. At present, 64% of diammonium in Hubei is quoted at 2400-2600 yuan/ton, 64% of diammonium in Shandong is quoted at 2400-2500 yuan/ton, and 64% of diammonium in Yunnan is quoted at 2700 yuan/ton.

Industry chain: In terms of raw materials, the phosphate ore market is still stable in the short term, with little price fluctuation. Phosphoric acid market prices have dropped, the current price has fallen to a low level, the market demand has increased. The domestic liquid ammonia Market in the main producing areas slightly declined.

3. Future Market Forecast

According to the analyst of diammonium phosphate, diammonium phosphate is in the off-season of demand, the supply exceeds the demand, and the price of diammonium is seriously depressed in the international market. From the supply point of view, the price of raw phosphoric acid and liquid ammonia has been lowered in an all-round way, and the price of diammonium is expected to remain weak in the later period.

Price Trend

According to the business association’s data, the price of pure benzene in China rose sharply this week, rising 200-300 yuan/ton. This week, the highest price of pure benzene appeared from Thursday to Friday, and the price was 4900-5050 yuan/ton, an increase of 3.95% compared with last week.

II. Analytical Review

1. Products: This week, the domestic pure benzene market is very enthusiastic. Monday was the beginning of the month, as the contract delivery task was completed at the end of June, the enthusiasm for market surge eased. On Tuesday, news began that South Korea exported only 20,000 tons of pure benzene to China in June, and the stock of East China Port declined, boosting the market, the market sentiment was strong.

2. Crude oil: This week, oil prices showed a slight rebound trend after falling. Overall, Brent fell nearly 2% compared with last week, and WTI fell more than 4%. Oil prices fell early in the week on fears of a slowdown. On Wednesday, news of three consecutive weeks of decline in U.S. crude oil inventories and a nine-month extension of OPEC’s cut-off agreement boosted oil prices. Oil prices rose twice this week. After the second increase, downstream conflicting sentiment was strong and pure benzene speculation eased.

3. Downstream: The price of styrene rose by 2.27% this week, supporting the price of pure benzene.

4. External trading: US pure benzene prices continue to slump, Asia-US price gap continues to narrow, threatening the Chinese market, CFR China negotiations began to increase recently.

III. Future Market Forecast

1. Crude oil: Next week, although the upward momentum of oil prices is slightly weakened by market worries, OPEC production reduction is prolonged, and the bottom support of the decline in U.S. crude oil inventories is more obvious, and the overall trend of oscillation and warming will continue.

2. Domestic market: Sinopec’s listing price still lags behind the spot market. There is still much room for the increase of listing price in July, which will boost the market. Moreover, the inventory of East China Port has been declining, and the pick-up speed has been significantly improved compared with the previous period, and the market is expected to be further supported.

3. External trading: US spot resources arrived and prices began to fall, but the Asian-American window remained open. Short-term Korean resources still flowed to the US arbitrage, which supported domestic spot prices.

Taking into account, next week’s pure benzene market may continue a slight upward trend, but the increase is limited.

On July 3, the fluorite commodity index was 109.21, unchanged from yesterday, down 14.34% from the peak of 127.49 points in the cycle (2019-01-03), and up 121.93% from the low of 49.21 points on December 18, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the domestic fluorite price trend is temporarily stable, with the average domestic fluorite price of 312.5 yuan/ton as of the 4th day. Recently, the domestic fluorite plant started normally, the mine and flotation plant in the field started normally, the supply of fluorite in the field is slightly tight, and the price of hydrofluoric acid in the downstream is rising. For the fluorite market, the price trend of fluorite market is on demand. Rise. Recent downstream installation start-up situation is general, fluorite spot supply is normal, terminal downstream pick-up situation improved, resulting in rising market price trend. As of the 4th day, the price of 97 fluorite wet powder in Inner Mongolia was 2900-3100 yuan/ton, the mainstream of 97 fluorite wet powder negotiations in Fujian was 3000-3300 yuan/ton, the price of 97 fluorite wet powder in Henan was 2900-3200 yuan/ton, and the price of 97 fluorite wet powder in Jiangxi was 3000-3300 yuan/ton. The price trend of fluorite remained high.

The price trend of hydrofluoric acid Market in downstream fluorite is rising. The domestic market price of hydrofluoric acid is 12070 yuan/ton as of the 4th day. The price fluctuation of hydrofluoric acid market has a certain positive impact on the upstream fluorite market. However, the recent start-up of hydrofluoric acid plant is general. The demand for fluorite is weakening and the price fluctuation of fluorite is running. Recent downstream refrigerant product installations started at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid product price trend is stable. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 60%, R22 market facility start-up rate is temporarily stable, the main manufacturer of bulk water out of the factory offer price is between 18,000-19,000 yuan/ton, but the manufacturer does not have bulk water spot, mainly a small number of cylinders shipped. In addition, the actual demand side of the market has not changed much, and the delivery quotation is general. Domestic market price trend of R134a shocks, production enterprises equipment start-up rate remains low, refrigerant market demand is general, manufacturers mainly export. But the on-site transaction price does not change much. Businessmen buy on demand. Generally speaking, the downstream industry is in a general market. In addition, the fluorite market supply is normal and the price of fluorite is rising. Chen Ling, an analyst of business associations, believes that the price of fluorite market may remain volatile.

Price Trend

In June 2019, the domestic tin ingot Market rose first and then fell. The average price of the domestic market was 143412.50 yuan/ton at the beginning of the month and 14331.50 yuan/ton at the end of the week, with a decrease of 0.07%.

On June 28, the tin commodity index was 73.00, up 0.13 points from yesterday, down 27.18% from the cyclical peak of 100.25 points (2011-09-05), and up 70.32% from the lowest point of 42.86 on December 09, 2015. (Note: Period refers to 2011-09-01 to date).

II. Market Analysis

Domestic market: In June, spot prices followed the trend of Shanghai and Tin, rising first and then falling. At the end of the month, the main spot prices returned to 142,500-144,000 yuan/ton at the beginning of the month, with a monthly drop of 100 yuan/ton. In terms of supply, this month, the market supply of goods is normal, mainly low-price brands and ordinary cloud words. Among them, low-price small brands are more popular than popular ones. In terms of general cloud words and small brands, the price is basically stable at 400-1500 yuan per ton of stickers, and the price of Yunxi stickers is 200-500 yuan per ton.

Import and Export: According to data released by Indonesia’s Ministry of Trade on June 14, Jakarta, Indonesia’s refined tin export volume in May was 6,759.26 tons, a 46% decrease over the same period last year. Indonesia is the world’s largest tin exporter. Indonesia’s tin refining exports increased by 15% in May.

London, June 19, 2010 – The World Bureau of Metal Statistics (WBMS) reported a shortage of 4,700 tons in the global tin market from January to April 2019. The total reported inventory increased by 3,800 tons compared with the end of 2018, including an increase of 6,000 tons in Indonesian inventory for unknown reasons. From January to April 2019, the world reported a 2,200-ton decline in refined tin production and a 2,200-ton decrease in Asian production. China’s apparent demand fell 1.1% year on year. The global demand for tin from January to April 2019 was 112,000 tons, down 0.6% from the same period last year. Japan’s consumption was 9,100 tons, an increase of 93% over the same period last year. In April 2019, the global production of refined tin was 29,000 tons and consumption was 30,100 tons.

Domestic events:

Oxford Photovoltaic is moving towards the next generation of tin-based solar cells: Oxford PV plans to market tin-based perovskite-based solar cells by the end of next year. The conversion efficiency of tin halide solar cells into photovoltaic energy is about 27%. They are cheaper, more efficient and easier to produce than standard solar panels. The International Tin Association believes that this technology is one of the next generation renewable energy technologies, which will be conducive to the demand for tin.

GSMA: Over the next seven years, Asian operators will invest $370 billion in 5G: On June 26, GSMA (Global Association of Mobile Communication Systems) released the latest report of Mobile Economy Asia-Pacific edition in MWC19 Shanghai today, which shows that Asian operators plan to invest $370 billion to build a new 5G network between 2018 and 2025. It is expected that by 2025, all 24 Asia-Pacific markets will launch 5G. It is predicted that 5G will contribute nearly 900 billion US dollars to the region’s economy in the next 15 years.

3. Prospects for the Future Market

As we enter July next week, there are many and concentrated economic data at home and abroad. The US dollar index is feared to rise again at a low level. Basic metals are still facing various risks. If the varieties have strong fundamentals, they can still maintain a more diversified pattern, and the differentiation of basic metals will be obvious.

Price Trend

According to the data of business associations, the price trend of cryolite market was stable this week, and the average price of cryolite market was stable at about 6333.33 yuan/ton during the week, down 2.99% from the same period last year.

II. Market Analysis

Product: Cryolite prices are running smoothly this week, and there is no price adjustment for manufacturers. Up to 28 days, Zibo Kunyu Industry and Trade Cryolite quoted 6500 yuan/ton; Changshu Hongjiafu Co., Ltd. Cryolite quoted 7300 yuan/ton; Jiaozuo Civilian Benefit Industrial Cryolite quoted 7000 yuan/ton; Zhengzhou Tianrui Cryolite quoted 6500 yuan/ton; Shandong Botao Group Co., Ltd. Cryolite quoted 7000 yuan/ton.

Industry chain: The domestic fluorite market price rose slightly this week. The weekend price was 3100 yuan/ton, which was 0.81% higher than that at the beginning of the week and 17.20% higher than that at the beginning of the week. Domestic fluorite prices have risen slightly this week, and the start-up rate of fluorite plants has not changed much. However, downstream demand has improved. The spot supply of fluorite in the field is normal. Influenced by many factors, the price of fluorite has risen slightly. Downstream electrolytic aluminium: This week, the price of aluminium is tidying up and running. The price is slightly lowered. At the beginning of the week, the price keeps around 13853.33 yuan/ton, at the end of the week, it is about 13830.00 yuan/ton, and the price is down by 0.17%.

3. Future Market Forecast

Analysts of the cryolite industry of Business Society Chemical Branch believe that the price of fluorite in the upper reaches of cryolite has increased slightly, while the price of aluminium in the lower reaches has decreased slightly, and the market of cryolite is expected to maintain stable operation in the later period.

I. Trend analysis

According to the monitoring data of business associations, this week’s domestic cobalt market shocks fell, and overall cobalt prices were unable to rebound. As of June 23, the cobalt price was 238166.67 yuan/ton, down 0.97% from 240500.00 yuan/ton at the beginning of the week. Compared with the previous period, the price of cobalt fell slightly in June, the decline slowed down, and the cobalt market remained basically stable.

II. Declining International Cobalt Price

International market MB quotation fell this week, the global market of cobalt was cold, the international price of cobalt rose powerlessly, and the decline of international cobalt price dragged down the domestic market of cobalt.

The cobalt price in LME market remained stable this week. The international cobalt market had no upward momentum. The global cobalt market was short. The domestic market was dragged down by the international market.

III. Cobalt Index

On June 24, the Cobalt Commodity Index was 85.19, down 0.48 points from yesterday, down 64.34% from the cyclical peak of 238.91 points (2018-04-15), and up 21.98% from the lowest point of 69.84 on July 05, 2016. (Note: Period refers to 2011-09-01 to date). From the cobalt price index, we can see that the cobalt price has fallen by more than 60% compared with the historical high, and the cobalt price is infinitely close to the low point of cobalt price in the cycle. At present, the global supply of cobalt is abundant, which leads to a slow rebound of cobalt price. However, with the cobalt price approaching the cyclical low of cobalt price, the falling space of cobalt price is limited, and the future cobalt price may increase.

Fourth, the outlook for the future market:

Bai Jiaxin, a data analyst for business associations, believes that the decline in international cobalt prices has dragged down the rebound of domestic cobalt prices, and that the recent rise in domestic cobalt prices is not motivated enough. However, as can be seen from the Cobalt Commodity Index, there is limited space for cobalt to fall, and future market gains may increase. Overall, the cobalt market is still in a state of oversupply at the present stage. The profit margin of cobalt market is greater than the profit margin. It is difficult for cobalt price to rise in the near future. With the gradual warming of cobalt Market demand, the driving force of cobalt price rise is gradually rising. It is expected that cobalt price shocks will remain stable in the short term.

On June 23, the fluorite commodity index was 107.89, unchanged from yesterday, down 15.37% from the peak of 127.49 points in the cycle (2019-01-03), and up 119.24% from the low of 49.21 points on December 18, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, domestic fluorite prices have maintained a high trend, the average domestic fluorite price is 3075 yuan/ton as of 24 days. Recently, domestic fluorite plants have been operating normally, mines and flotation plants have been operating normally, the supply of fluorite in the field is slightly tight, and the price of hydrofluoric acid in the downstream has risen recently. For the fluorite market, the price of fluorite market has risen on demand. Recent downstream installation start-up situation is general, fluorite spot supply is normal, terminal downstream pick-up situation improved, resulting in rising market price trend. As of the 24th, the price of 97 fluorite wet powder in Inner Mongolia was 2900-3100 yuan/ton, the mainstream of 97 fluorite wet powder negotiations in Fujian was 3000-3300 yuan/ton, the price of 97 fluorite wet powder in Henan was 2900-3200 yuan/ton, and the price of 97 fluorite wet powder in Jiangxi was 3000-3300 yuan/ton. The price trend of fluorite remained high.

The price trend of hydrofluoric acid Market in downstream fluorite is rising. As of 24 days, the domestic market price of hydrofluoric acid is 190 yuan/ton. The price fluctuation of hydrofluoric acid market has a certain positive impact on the upstream fluorite market. However, the recent start-up of hydrofluoric acid plant is general, the demand for fluorite is weakening and the price fluctuation of fluorite is running. Recent downstream refrigerant product installations started at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid product price trend is stable. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 60%, R22 market facility start-up rate is temporarily stable, the main manufacturer of bulk water out of the factory offer price is between 18,000-19,000 yuan/ton, but the manufacturer does not have bulk water spot, mainly a small number of cylinders shipped. In addition, the actual demand side of the market has not changed much, and the delivery quotation is general. Domestic market price trend of R134a shocks, production enterprises equipment start-up rate remains low, refrigerant market demand is general, manufacturers mainly export. But the price of on-site transactions does not change much. Businessmen buy on demand. Generally speaking, the downstream industry is in a general market. In addition, the fluorite market supply is normal and the price of fluorite is rising. Chen Ling, an analyst of business associations, believes that the price of fluorite market may rise slightly.

1. Melamine price trend:

According to the price monitoring of business associations: as of June 21, the market of melamine has been stable. At present, the mainstream price of domestic melamine is 5300-7200 yuan/ton, which is stable compared with the beginning of the week.

II. Market analysis:

Products: The domestic market for melamine has been stable this week. Downstream demand is sluggish, and the market lacks strong positive factors to support it.

Industry chain: The domestic market of liquid ammonia in the upstream is tidied up slightly, the market performance is weak, the market turnover is still acceptable, the inventory pressure of manufacturers is not large, normal delivery.

3. Future market forecast:

According to business associations, the short-term domestic melamine market may be dominated by weak consolidation and operation. Some distributors are tentative hoarding, which is expected to drive up the market price of melamine, but the price increase still needs to pay close attention to the changes in the start-up rate of production enterprises.

Price Trend

According to the monitoring data of business associations, as of June 18, the latest domestic price of cyclohexanone was 8066 yuan/ton, and the domestic market of cyclohexanone was slightly up.

II. Market Analysis

Products: Cyclohexanone market prices rose slightly, chemical fiber market continued to be weak, Honda Cyclohexanone parking overhaul, solvent market buying atmosphere is still acceptable, other factories quoted higher, the market wait-and-see atmosphere is strong. The mainstream offer of cyclohexanone in North China market is delivered in 7900-8000 cash, the mainstream offer in East China market is delivered in 8200-8300 cash, and the mainstream offer in South China market is delivered in 8500-8700 cash.

Industry chain: pure benzene: the center of gravity of pure benzene in East China has dropped rationally. Among them, spot negotiation is 4720-4770 yuan/ton, June negotiation is 4750-4790 yuan/ton, July negotiation is 4780-4830 yuan/ton. At present, the on-site negotiation is over 4700 yuan per ton, but due to the narrowing of the price gap between the internal and external discs, there is resistance to the high-end rally. Caprolactam: The liquid spot market of caprolactam is running smoothly, the factory has limited production and guaranteed price, the decline of caprolactam has slowed down, and downstream polymerization just needs to be purchased. The spot price of caprolactam liquid is about 1,1700 yuan/ton, which is accepted and delivered; the solid market is consolidated, and the trader delivers with him. The price of common material is 12,500 yuan/ton, which is remitted to us now.

3. Future Market Forecast

There is no plan for short-term cyclohexanone spot delivery, but manufacturers have spot pressure. Weiming Petrochemical plans to put into operation 150,000 tons of phenol-based cyclohexanone unit in July and Huafeng plans to put into operation 200,000 tons of cyclohexanone unit in July. It is expected that the spot pressure will continue to increase next week. From the cost point of view, the pure benzene market is slightly upward adjustment, and the cost support is relatively stable. On the demand side, the start-up load of caprolactam market is obviously reduced, the demand for cyclohexanone is less, and the support of chemical fiber market is weak. Generally speaking, the supply of cyclohexanone may exceed the demand. Cyclohexanone analysts, business associations, predict that the recent market consolidation of cyclohexanone.

Price Trend

According to business association monitoring data, this week the silicone market is stable at low prices. At present, the market quotation of DMC is almost bottoming out. The lowest quotation is around 16,000 yuan/ton, and the trader’s quotation is around 18,000 yuan/ton.

II. Market Analysis

Products: At present, the domestic silicone market as a whole shows a weak operation. This week, the market DMC quotation fell again – 1.80% compared with last week. In terms of start-up, at present, there are some single factories parking maintenance, many single factories adjust the start-up situation, after the adjustment of start-up in about 67 floors.

Industry chain: Upstream product metal silicon prices rose slightly at the end of May, and maintained a weak and stable operation in mid-June, with low start-up rate and rising market sentiment.

3. Future Market Forecast

Business analysts believe that the start-up rate of several monomer devices began to decline, and the adjustment of the start-up rate should have an impact on the price of silicone DMC, followed by price stabilization or a slight increase.

Market Review

According to a large number of data monitored by business associations, the price of dichloromethane in Shandong rose slightly this week. At the beginning of the week, the average price of dichloromethane in Shandong was 3150 yuan/ton, and at the end of the week, the average price was 3180 yuan/ton, with an increase of 0.95% in the week.

quotations analysis

Products: This week, due to the overall supply of dichloromethane market is still tight, but the downstream market demand is still acceptable, mostly just in demand, dichloromethane enterprises slightly increased quotations, smooth shipment. At present, the quotation of bulk water remittance in Shandong is around 3180 yuan/ton, 3400-3700 yuan/ton in Jiangsu and 3550 yuan/ton in Jiangxi. In terms of start-up, at present, 50% of Jinling chemical plant is in operation; Jinmao Dongying stops and overhauls until the end of June; 60% of Shanxi chemical plant is in operation; Jiangsu science and culture plant is in normal operation; Jiangxi science and culture plant is in normal operation, etc.

Industry chain: In the upstream, the natural gas market is weak, the trading atmosphere is low, the average price at the beginning of the week is 3466 yuan/ton, the average price at the end of the week is 3426 yuan/ton, the decline rate is 1.15%. The supply of liquid chlorine market is sufficient, but the downstream market demand is weak, the price of liquid chlorine has fallen sharply, and the enterprises overreport 1-100 yuan/ton. The domestic R410a market has been shaken and adjusted. The downstream market of refrigerants has just been in demand. The trading atmosphere of the market is still acceptable, and the demand of the pharmaceutical and film industries is still good.

Future Market Forecast

Business community methane chloride data analysts believe that the current supply-side gap in the dichloromethane market is difficult to fill in a short period of time. The downstream market just needs to be stable, which is good for dichloromethane price support, and anticipates that the dichloromethane market will soar in the near future.

Price data:

According to the monitoring data of business associations, the domestic bromine market weakened slightly this week, and the industry started to work normally as a whole. At the beginning of the week, the average bromine price was maintained at about 35,000 yuan/ton. At the end of the week, the average bromine price was about 34,928 yuan/ton. Within the week, it was slightly reduced by 0.2%, which was 26.48% higher than the same period last year.

II. Cause Analysis

Products: This week, the domestic bromine market began to weaken slightly after a long period of high operation. Some enterprises lowered their quotation by 200-500 yuan/ton. The industry started normally, the enterprise shipped smoothly, the overall demand of the downstream market was still acceptable, and the situation of oversupply gradually emerged. For some start-up enterprises, such as Dongyue Fine Chemical Company, Shandong Haihua Company, Shandong Haiwang Chemical Company, Tianjin Changlu Haijing Company, etc. At present, the mainstream quotation of enterprises is between 3450-35000 yuan/ton, and the actual transaction price is based on enterprise negotiation.

Industry Chain: This week, the upstream industry of bromine has risen and fallen differently: the sulfur market rose 2.44% in the week, and the current quotation is about 980 yuan/ton; the caustic soda market has been running steadily in the week, and the current quotation is about 695 yuan/ton; the soda market has fallen sharply by 4.31% in the week, and the current quotation is about 1850 yuan/ton; the sulfuric acid price has increased slightly by 2.47% in the week, and the current quotation is about 207 yuan/ton. At present, the demand of bromine downstream flame retardant industry is stable, which is good for bromine price support, and the performance of pharmaceutical and agricultural intermediates is stable, just in need of purchase.

3. Future Market Forecast

Bromine industry analysts believe that bromine market enterprises in China are generally normal production, smooth shipment, abundant spot supply, stable downstream user demand, bromine prices are still at a high level, and yesterday the situation of oversupply gradually emerged, bromine prices are expected to decline weakly in the near future.

Price Trend Chart of Nitric Acid Market

According to the monitoring of business associations, domestic nitric acid prices rose this week, averaging 1 743 yuan/ton at the beginning of the week and 1 760 yuan/ton at the end of the week, up 0.96%.

II. Market Analysis

Products: This week, the price of nitric acid in domestic market has increased slightly in some areas. The price quoted by mainstream manufacturers in Jiangsu is 1,750 yuan/ton and 50 yuan/ton. Anhui mainstream manufacturers quoted 1850 yuan per ton, up 50 yuan per ton. Shandong manufacturer quoted 1750 yuan/ton. Nitric acid supply is not much, the price has increased slightly, and the nitric acid goods are in good condition.

Industry chain: the upstream raw material of nitric acid, liquid ammonia Market in China is stabilizing, the market turnover is still acceptable, most manufacturers’quotations are stable, the northern region manufacturers’ quotations are maintained in the range of 3250-3700 yuan/ton, and the Northwest region’s quotations are in the range of 3000-3200 yuan/ton. Downstream aniline, May 27, June 5, Shandong aniline market price 5,600 yuan / ton, Nanjing aniline market price 5,950 yuan / ton, price stability, and inventory pressure.

3. Future Market Forecast

In summary, Nitric acid analysts believe that the nitric acid market will be strong in the short term.

Price Trend

According to the monitoring data of business associations, as of June 4, the latest price of domestic cyclohexanone was 8100 yuan/ton, and the domestic market of cyclohexanone was weak and stable.

II. Market Analysis

Products: Cyclohexanone market is weak, the downstream chemical fiber market is weak, the demand for cyclohexanone is less, the speed of manufacturers and markets is slowing down, the pressure of manufacturers’shipment is on the high side, the quotation has been lowered, the bullish sentiment on the future market is strong, and the actual single transaction is limited. The mainstream offer of cyclohexanone in North China market is sent in cash at 8100-8300, the mainstream offer in East China market is sent in cash at 8400-8600, and the mainstream offer in South China market is sent in cash at 8800-8900.

Industry Chain: Pure Benzene: Pure Benzene market lacks buying support, the focus of gravity has fallen back in the morning, of which spot is now 4450-4550 yuan/ton, and in June, the negotiations are in the range of 4500-4600 yuan/ton. At present, the decline of port inventory is relatively slow, the supply in the yard is still abundant, and the downstream maintains on-demand procurement. Caprolactam: The spot market confidence of caprolactam liquids is insufficient. The downstream polymerization plant keeps starting at a low level. The demand for caprolactam is still weak and the atmosphere in the field is not good. The liquid spot price of caprolactam is 11800-12100 yuan/ton, which is accepted and delivered; the factory price in the north is around 11500 yuan/ton, which is remitted to the factory now, the solid market is consolidated, the trader delivers with him, and the price of common material is 12500 yuan/ton, which is remitted to the factory now.

3. Future Market Forecast

Short-term cyclohexanone plant silver May 22 parking overhaul, planned to start in early June, expected next week spot export volume will increase slightly, in addition to the current manufacturers still have spot inventory pressure. From the cost point of view, the pure benzene market is consolidated horizontally, and the cost support is relatively stable. On the demand side, there is no plan to restart Nanjing Dongfang in June. Yongrong cyclohexanone plant starts normally and can basically meet the demand for caprolactam. In the short term, Shenyuan’s purchase of cyclohexanone is unlikely. Shandong Haili’s 200,000-ton caprolactam plant has maintenance plan in early June, while cyclohexanone is still unclear. Overall, however, the supply of cyclohexanone may exceed the demand. Cyclohexanone analysts at business associations expect the short-term market for cyclohexanone to remain weak.

Price Trend

The price of ethylene oxide has been adjusted today. At present, the ex-factory price in East China is 7000 yuan/ton, that in South China and North China is 7200 yuan/ton, that in Central China is 7150 yuan/ton, and that in Northeast China is 7400 yuan/ton. The ex-factory price of Jiangsu Silbang and Lianhong Group has also been adjusted today.

II. Industrial chain:

The upstream ethylene market is gradually abundant, and the price of downstream ethylene glycol has been declining slightly in recent days. According to the current price, the loss of ethylene oxide is relatively large. The market mentality of polycarboxylic acid superplasticizer monomer market is not good because of the price of ethylene oxide. It is cautious to trade and mainly depends on just demand. It is reported that Yangzi Petrochemical has increased its capacity by 400 tons, and the supply in East China is still excessive. At present, the supply and demand situation has not been improved well. Prices continue to fall, forcing private enterprises to further reduce their load. Some downstream enterprises have been unable to take goods. Parking may not be ruled out under price pressure. Northeast China is affected by Liaohua’s upcoming overhaul. Market resources are tightened, and the decline is less than that in East China.

3. Industry:

On May 30, the chemical index was 733, which maintained the overall stability. Overall, the chemical industry index has been at a low level and has not improved significantly.

Forecast:

The overall market is weak, the market bearish atmosphere is strong, follow-up needs to pay close attention to the latest factory news.

Commodity Index: On May 31, the commodity price index (BPI) was 829 points, down 2 points from yesterday, down 18.65% from the cyclical peak of 1019 points (2012-04-10), and up 25.61% from the lowest point of 660 points on February 03, 2016. (Note: Period refers to 2019-04-01 to date)

Latest price (May 31): Polyacrylamide (cationic) offer 16900 yuan/ton.

Main points of analysis: On May 31, the market price of domestic polyacrylamide was relatively stable. According to the monitoring data of the commercial association (100ppi.com), the current mainstream quotation in the domestic market of polyacrylamide is: cationic (PAM, molecular weight 12 million) quotation is 16700-18 000 yuan/ton, anionic (PAM, molecular weight 12 million) quotation is about 10 000-12 000 yuan/ton; overall, the quotation of anionic PAM is basically stable, and the range of cationic PAM is about 150 yuan if there is any change./ Within the range of tons.

Industry chain: The price of upstream products of polyacrylamide has not changed much in recent years; the demand of downstream products of polyacrylamide has also not changed greatly; the overall market of polyacrylamide has remained stable in recent years.

Future market forecast: In the short term, if there is no big fluctuation in the price of raw materials in the upstream, the demand in the downstream is relatively stable, and the market price of domestic polyacrylamide is basically stable.

On May 29, the hydrofluoric acid commodity index was 103.36, which was the same as yesterday. It was 26.40% lower than the peak of 140.43 points in the cycle (2018-02-21), and 92.87% higher than the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the price trend of domestic hydrofluoric acid market rose on the 30th. Up to now, the domestic market price of hydrofluoric acid is 11490 yuan/ton, and the domestic start-up rate of hydrofluoric acid is less than 60%. Enterprises reflect that the supply of hydrofluoric acid on-site is tight at present, and the situation of on-site goods has improved recently. Because of the high raw material fluorite, some hydrofluoric acid manufacturers The market price of hydrofluoric acid has risen with the increase of ex-factory price. At present, the mainstream of hydrofluoric acid negotiations in the southern region is about 11,000-11,500 yuan/ton, while the price of hydrofluoric acid in the northern market is 11,000-12,000 yuan/ton. Domestic hydrofluoric acid market prices increased, spot supply decreased slightly, but demand did not change very much, the price trend of hydrofluoric acid Market rose.

Recent downstream refrigerant products start at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid product price shocks. Recent downstream refrigerant market transactions have improved, R22 refrigerant plant surface started at 60%, R22 market device start-up rate is temporarily stable, the main production enterprise bulk water factory offer price is between 18500-19500 yuan/ton, but the production enterprise does not have bulk water spot, mainly a small number of cylinders shipment. In addition, the actual demand side of the market has not changed much, and the delivery market has increased. The domestic market price trend of R134a is not good, the start-up rate of production enterprises remains low, the refrigerant market demand is general, and the manufacturers mainly export their products. However, the on-site transaction price has not changed much. Businessmen purchase on demand. Recently, due to the shortage of supply, the price trend of hydrofluoric acid market has risen.

Refrigerant on-site transactions are general, refrigerant industry equipment start-up rate remains low, for upstream hydrofluoric acid market demand is normal, but the spot supply of hydrofluoric acid is tight, Business Analyst Chen Ling believes that the hydrofluoric acid market may continue to rise.

The domestic TDI market is characterized by incremental trading volume and terminal replenishment. Traders compete for market share and take the opportunity to clean up inventory and consume surplus. In May, there was an enormous drop, and the middlemen lacked the opportunity to deliver goods. At the end of the month, they just needed more inquiries, which made it difficult to form a strong support for the industry at present. At present, the market price of domestic goods is more than 12800 yuan/ton, and the supply of goods in Shanghai is 13200 yuan/ton. Business associations expect the TDI market to be weak and stable, and pay attention to the factory information guide.

First, the price trend Last week, the overall domestic toluene market was weak, finishing down, according to business’s bulk list data.

Early Zhou Enterprise average price is weekly high price, weekend enterprise average price is weekly low

Ii. Analysis and review 1. Crude oil: Increased concerns about global trade risks, a blow to capital markets, and the highest level of U.S. crude oil inventories since July 2017 offset the impact of OPEC production cuts and tensions in the Middle East, with U.S. stocks plummeting, international oil prices plunging and Brent 68.4-73.2 dollars/barrels.

In the short term, the crude oil market is expected to remain the main shock, there is a certain upward space. 2, FOB South Korea toluene reference price affected by crude oil, this weekend began to cut, Sinopec’s subsidiary toluene listing price cut.

In terms of inventory, port inventories have been digested this week, with around 53,000 tonnes in eastern China.

3, following last week’s toluene market recovery, price rebound, this week toluene market weak, although there is a certain positive support, but by the raw materials and demand side of the impact, the price fell.

Third, the forecast of the aftermarket Business Society Toluene analysts believe: next week, crude oil, focus on the United States crude oil 60 dollars/barrel pass can hold up, positive and negative factors affect the market at the same time, oil price mainstream fluctuation range or between 60-62 dollars/barrel. Second quarter at home and abroad more centralized maintenance, toluene expected to reduce the supply, the market expected to be optimistic, next week toluene market or can stop the decline and rise.