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

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

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

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

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

1、 Price trend

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

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

2、 Market analysis

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

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

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

3、 Future forecast

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

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

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

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

Potassium carbonate analysts of business news agency believe that the domestic potassium chloride market supply continues to be tight in the near future, and the supply of imported potassium is limited. It is expected that the price of potassium carbonate will mainly rise in the short term, and the long-term market still needs to wait and see（ The above prices are provided by the main manufacturers of potassium nitrate all over the country and sorted out and analyzed by the potassium carbonate analysts of the business society. They are for reference only. For more price details, please contact the relevant manufacturers for consultation).

Adipic acid market trend chart

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

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

Pure benzene market trend chart

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

PA66 market trend chart

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

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

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

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

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

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

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

Domestic cobalt prices have been rising

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

International cobalt prices have been rising continuously

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

A summary of the market

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

1、 Price trend

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

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

2、 Market analysis

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

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

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

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

3、 Future forecast

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

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

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

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

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

Trade name: chloroform

Latest price (June 16): 4440 yuan / ton

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

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

Acetic anhydride price goes up again

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

Price trend of acetic acid rises again

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

Market summary and future forecast

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

1、 Price trend

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

2、 Market analysis

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

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

3、 Future forecast

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

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

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

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

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

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

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

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

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

East China, 7450., 7850., + 400

Shandong area, 7350., 7600., + 250

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

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

Date, adjusted price, adjusted amount

May 7, 7700, + 300

May 10, 8000, + 300

May 12, 8200, + 200

May 24, 7900, – 300

May 28, 7600, – 300

June 4, 7900, + 300

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

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

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

Magnesium price stops falling, stabilizes and returns to low level

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

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

Strong raw material price and strong cost support

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

Low social inventory, tight supply and demand

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

Future forecast

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

Trade name: isooctanol

Latest price (June 7): 14933.33 yuan / ton

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

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

1、 Price trend

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

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

2、 Market analysis

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

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

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

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

3、 Future forecast

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

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

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

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

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

Recent trend of calcium carbide price

As can be seen from the above figure, the factory price of calcium carbide in Northwest China fell this week. The average price of the factory quotation of the mainstream manufacturers of Northwest calcium carbide fell from 4550.00 yuan / ton on May 24 to 4416.67 yuan / ton on May 28, down 133.33 yuan / T, or 2.93%, up 66.51% compared with the same period last year. Overall, the market for calcium carbide fell this week, with the calcium carbide commodity index of 115.72 on May 28.

The upstream support is weakened, the downstream maintenance increases, and the purchasing willingness decreases

From the manufacturer’s quotation, the factory price of calcium carbide in Northwest China fell this week: ovicana energy offered 4500 yuan / ton of calcium carbide this weekend, which was down 200 yuan / ton compared with the beginning of the week; The price of carbide of Inner Mongolia China Federation this weekend is 4450 yuan / ton, which is stable compared with that at the beginning of the week; The quotation of calcium carbide in Xingping of Ningxia is 4300 yuan / ton this weekend, which is down 200 yuan / ton compared with the beginning of the week.

From the upstream and downstream industrial chain of calcium carbide, the upstream raw material market, the factory quotation of Lancang fell sharply this week. The price of small materials is 1100 yuan / ton this weekend, which is down 300 yuan / ton compared with the beginning of the week; The quotation of Chinese materials this weekend is 1200 yuan / ton, which is down 200 yuan / ton compared with the beginning of the week; The price of bulk materials is 1300 yuan / ton this weekend, which is down 200 yuan / ton compared with the beginning of the week. The upstream raw material price has fallen sharply, and the cost support is weakened, which has a negative impact on the price of calcium carbide.

Downstream market, PVC factory prices this week fell slightly. PVC quotation this week fell from 9200.00 yuan / ton at the beginning of the week to 9162.50 yuan / ton at the weekend, down 0.41%, up 49.90% compared with the same period last year. PVC prices fell slightly this week, the market was general, and the increase in PVC maintenance, the downstream enthusiasm for calcium carbide procurement weakened, and overall, it seems that the PVC market this week has a negative impact on the price of calcium carbide.

Demand is reduced, and the market is slightly shaken down

In early June, the calcium carbide market was mainly subject to a small fluctuation. The raw material, orchid carbon prices, fell sharply, and the cost support of calcium carbide was weakened. Downstream PVC maintenance increased, market market began to decline slightly. The market forecast that the price of calcium carbide in Northwest China will fall slightly in early June.

Recovery of cobalt Market

According to the data monitoring of business news agency, the domestic cobalt market fluctuated and rose in May, and the cobalt price bottomed out and rebounded. As of May 31, the price of cobalt was 351000.00 yuan / ton, up 1.74% from 345000.00 yuan / ton at the beginning of the month (May 1). Cobalt price bottomed out and rebounded. Cobalt market rebounded.

Domestic cobalt market demand

According to the data released by China Academy of information technology, from January to April 2021, the total domestic mobile phone market shipment reached 125 million units, a year-on-year increase of 38.4%. However, compared with the increase of 92.8%, 240.9% and 65.9% in the first three months, the overall domestic mobile phone shipment in April showed a year-on-year decline of 34.1%.

According to the latest data released by China Automobile Association, in April, the production and sales of new energy vehicles in China were 216000 and 206000 respectively, with a year-on-year increase of 1.6 times and 1.8 times respectively. In terms of power battery output, in April 2021, the output of ternary battery in China was 6.7gwh, accounting for 51.9% of the total output of power battery, with a year-on-year increase of 134.3% and a month on month increase of 15.1%; From January to April, the total output of ternary battery was 24.5gwh, accounting for 53.6% of the total output of power battery, with a year-on-year cumulative increase of 185.8%. The production and sales of new energy vehicles in China have increased greatly, which is good for the cobalt market. However, the production and sales of new energy vehicles decreased in April on a month on month basis, and the production and sales of new energy vehicles are lower than expected. In terms of ternary batteries, the proportion of ternary batteries declined in April, and the output growth of ternary batteries slowed down. Overall, in terms of new energy vehicles and power batteries, the demand of cobalt market rose, but the rise was less than expected. The rising power of cobalt market was less than expected, and the rising power of cobalt Market weakened.

According to customs statistics, in April, the output of mobile phones was 130 million, up 13.5% year on year; The output of microcomputer equipment was 35.9 million, up 13.5% year on year. From January to April, China exported 71.35 million laptops, up 72.3% year on year; 310 million mobile phones were exported, up 30.8% year on year. The output of electronic products has increased greatly, and the export has also increased rapidly. The good performance of the electronic products industry has stimulated the surge of demand in the cobalt market, and there is sufficient momentum for the future rise of the cobalt market.

Global cobalt market demand

According to the report of global mobile phone shipment volume in the first quarter of 2021 released by strategy analytics, a statistical agency, the global smart phone shipment volume in the first quarter of 2021 was 340 million, an increase of 24% over the same period last year, reaching a new high since 2015. On May 23, CITIC Securities released a research report forecast that, looking forward to the second quarter and the whole year of 2021, it is expected that the year-on-year growth rate of smartphone shipment may slow down, and the annual global smartphone shipment is expected to be 1.35 billion, with a year-on-year growth of 5%; It was originally expected that the global smartphone shipment in 2021 will be 1.4 billion, a year-on-year increase of 10%. The growth of mobile phone sales has stimulated the demand of cobalt market, but the global mobile phone shipment is expected to decline, which may have a negative impact on the demand expectation of cobalt Market in the future, and the downward pressure of cobalt Market in the future will increase.

Market Overview

Bai Jiaxin, a data analyst at business news agency, believes that the new energy automobile industry and mobile phone industry performed strongly in the past 21 years, and the production and sales volume increased greatly in the first quarter, which stimulated the cobalt market to rise sharply; However, with the impact of India’s epidemic situation and chip shortage, the growth of new energy vehicle and mobile phone industry slowed down in the second quarter, and there was a partial downward trend. The demand of cobalt market was lower than expected, and the cobalt market was dragged down, and the cobalt price began to fluctuate slightly in March; But on the whole, there is still room for cobalt market demand to rise, and affected by the epidemic, cobalt freight and mining costs increase, cobalt costs rise, cobalt market decline space is limited. In the future, the cost of cobalt market remains high, the space for cobalt price to fall is limited, the demand of cobalt market is difficult to meet the expectation, and the power for cobalt price to rise is insufficient. Cobalt price is expected to rise slightly in the future.