Products: Domestic agricultural ammonium chloride prices have risen slightly this week: the mainstream price of agricultural ammonium ammonium is ranging from 600-750 yuan/ton, and the mainstream price of wet ammonium is 500-600 yuan/ton. The spot supply of ammonium chloride market is tight. Some enterprises have received advance sales until early September, and prices in North China and Southwest China are expected to increase.

Industry chain: The upstream liquid ammonia is in a slight increase this week. Due to the environmental protection and the rising price of natural gas upstream of liquid ammonia, the liquid ammonia price is now rising. For the rise of upstream raw materials, the later stage of ammonium chloride will cause a serious shortage of operating rates. Affected by environmental protection and reducing carbon emissions, manufacturers in many regions are now forced to stop production and undergo environmental inspections. At present, the mindset of ammonium chloride manufacturers is mostly cautious. Urea and ammonium chloride are both nitrogen fertilizers. Before the second, there is an alternative. Due to the sales of compound fertilizer in summer this year, the urea price of the nitrogen fertilizer series is slightly warmer, the price of ammonium chloride is affected to some extent, and the price of ammonium chloride may be later. Stable or rising.

Forecast: The demand for chemical fertilizers has dropped sharply. At the same time, due to the overall trend of compound fertilizers, the market continues to be better, and the price of ammonium chloride may stabilize or rise later.

According to TABNinfo.com’s website on August 19, Riyadh reported that in order to meet domestic and international demand, Saudi Arabia’s state-owned oil giant Saudi Arabian National Oil Company (Saudi Aramco) added value by integrating refining and chemical production and expanding cleaner natural gas supply. It has strengthened its role as the world’s largest producer of crude oil and condensate.

Saudi Aramco said in its 2017 annual review report highlighting its strategic results today that Saudi Aramco will improve its mature oilfield production, accelerate the development of newly discovered oil fields and secondary oil and gas reservoirs, and develop new reserves from new increments. Maintain its position as the world’s leading crude oil producer.

Saudi Aramco President and CEO Amin Nasser said: “In 2017, Saudi Aramco will continue to implement its long-term reliable supply strategy to meet customer needs, thereby promoting the economic growth of the Kingdom of Saudi Arabia and the world.”

Nasser said: “Despite the uncertainties and instability in the market environment, we continue to create long-term value to benefit our shareholders, customers and partners. This year’s review highlights how Saudi Aramco passes the entire cycle and the entire value. A wise investment in the chain is dedicated to playing its part in meeting today’s and tomorrow’s global energy needs.”

Nasser pointed out that in 2017, Saudi Aramco implemented a series of oil and gas projects in the upstream sector.

First, the price trend

According to the data of the business community’s commodity list, the domestic formaldehyde market fell this week. The average price of formaldehyde at the beginning of the week (August 13) was 1481.11 yuan/ton, and the average price of formaldehyde on the weekend (August 17) was 1460.00 yuan/ton. The decline was 1.43%, and the current price rose by 20.41% year-on-year.

Second, the market analysis

Product: The domestic formaldehyde market price fell. At the beginning of the week, the mainstream factory price in Hebei was around 1450-1550 yuan/ton. The weekend price was 1420-1550 yuan/ton, down 30 yuan/ton. At the beginning of Shandong, the price of Shandong factory was 1450-1550 yuan/ Tons, the weekend quoted at 1440-1550 yuan / ton, down 10 yuan / ton, the mainstream factory price in Jiangsu at the beginning of the week was 1600-1700 / ton, the weekend quoted at 1600-1700 yuan / ton. The supply of formaldehyde in the market is sufficient, and the pressure on manufacturers is not reduced.

Industry chain: The upstream methanol market is full of twists and turns. The price at the beginning of the week is 3,000 yuan/ton, the weekend is 2,968.75 yuan/ton, and the lowest price on the 14th is 2,935 yuan/ton. The formaldehyde product was not supported, the atmosphere of purchase and sale in the market was general, and the downstream maintenance just needed to be purchased. The trading on the market was cautious and the price of formaldehyde fell.

Third, the market outlook

The upstream methanol market has a downward trend in recent days. The downstream operating rate is generally low, and the receiving sentiment is not high. Therefore, the formaldehyde analyst of the business community chemical branch expects that the domestic formaldehyde price will be mainly downward.

According to the data monitoring of the business community, on August 14, the average price of acetic anhydride enterprises was 7,525.25 yuan / ton, up 0.69% from the previous trading day, up 47.84%.

On August 13th, the acetic anhydride commodity index was 142.82, which was the same as yesterday, which was 13.82% lower than the highest point of 165.73 points (2018-06-19) in the cycle, which was 72.95% higher than the lowest point of 82.58 points on September 20, 2016. (Note: Period refers to 2013-02-01 to date).

On August 14, the domestic acetic acid anhydride factory price rose, and the market transaction price rose. In most areas, the factory price is 6800-7400 yuan / ton, the actual transaction price rises, the actual transaction price is about 6700-7200 yuan / ton, the market price is the reference price, the actual transaction price is subject to actual negotiation.

Recently, the price of raw material acetic acid has risen, the price of raw material methanol has fluctuated, and the cost of acetic anhydride manufacturers has increased, which is good for the price increase of acetic anhydride. Recently, the inspection plan for acetic anhydride plants has increased, and the operating rate of equipment is not high. The operating rate of downstream customers has rebounded, and the demand for acetic anhydride has increased. At the same time, the sharp rise in raw material prices and the decline in operating rates have provided fundamental support for the recovery of acetic anhydride prices. However, the market has limited acceptance of high-priced acetic anhydride. The price of acetic anhydride will not rise sharply in the short term. A slight increase.

First, the price trend

According to data from the business community’s big list, this week’s domestic adipic acid market rose, dealers’ offers rose slightly, this week’s increase was 2.43%. At the beginning of the week, the average foreign exchange price of adipic acid was around 9550 yuan/ton. To 9800 yuan / ton.

Second, analysis and review

This week, the domestic adipic acid market continued to rise last week. Some manufacturers raised their prices by 300 yuan/ton. The market stabilized and rebounded. The North China, East China and South China dealers’ prices rebounded by 200-300 yuan/ton. Up and down, dealer inventory still showed some pressure, and the shipment strength remained at a low level. There was some room for negotiation in the real market. In terms of supply and demand, the supply is relatively stable, the inventory of the manufacturers remains at the median level, and the dealers have sufficient supply. In terms of demand, the downstream demand has not changed much, and the increase has not been significantly improved. The operating rate of PA66 manufacturers has improved compared with the previous period, but the operating rate is basically 5-6%, and the upstream adipic acid has not formed a strong boost. However, the current contradiction between supply and demand has a tendency to ease. It is expected that with the strengthening of market shipments, market inventories will be further degraded, but manufacturers and market prices will gradually appear, dealers’ profits will be compressed, and there will be some pressure on low-cost shipments. As of now, the reference price of the Shandong source market is about 9600-9900 yuan / ton, and the general price in South China is 9800-10200 yuan / ton.

Third, the market outlook

Adipic acid analyst of the business division chemical industry believes that the current market rebounds, dealers are still able to maintain shipments, maintaining the previous level, the market is still in the inventory cycle, the supply of manufacturers is sufficient, but the contradiction between supply and demand has not improved much, so it continues to rise later. The motivation is not enough.