1、 Price trend:

According to the bulk list data of business society, the domestic market of PA6 fluctuated in December, and the spot prices of various brands rose and fell. As of December 30, the mainstream offer price of China viscosity 2.75-2.85 by the sample enterprises was about 15633.33 yuan / ton, with an increase or decrease of – 1.05% compared with the average price at the beginning of the month.

2、 Analysis of influencing factors:

Industrial chain: the raw material caprolactam stabilized after falling this month, the upstream pure benzene fluctuated, and the cost side of caprolactam supported the fluctuation. The downstream demand is reduced, and the market is dominated by weak and stable operation. It is expected that the caprolactam price may continue to run sideways.

Upstream caprolactam stabilized after falling in December, and the weakness of PA6 cost side eased. The overall operating rate of domestic PA6 polymerization plant was stable at about 70% this month. The maintenance of some enterprises in the early stage was good for the spot price. Due to the reduction of supply and the rise of downstream goods preparation operation, the polymerization plant harvested some orders. However, some downstream enterprises had holidays in advance, and the demand for goods preparation in some areas collapsed. The inventory position of PA6 of other downstream users is low, the on-site trading is OK, and the market picks up at the end of the month.

3、 Future forecast:

Business analysts believe that: the spot price of PA6 recovered, the horizontal consolidation after the decline of caprolactam, and the cost support of PA6 is still general. The terminal demand changes one after another, and the order situation of PA6 enterprises is OK. It is expected that the replenishment demand of PA6 before New Year’s day will be released in the short term, and the price may rise slightly.

According to the bulk list data of business society, as of December 29, the average quotation price of melamine enterprises was 9733.33 yuan / ton, down 39.67% compared with the price on December 1, down 43.74% year-on-year in a three-month cycle and up 33.94% compared with the same period last year.

The overall trend of melamine market fell sharply in December. In the first half of the month, the price of raw urea gradually declined and the cost support gradually loosened. The overall start-up of melamine market was at a high level, and the downstream start-up was limited. In some areas, due to environmental protection control and other factors, the just need to follow up was weak. In terms of export, it was mainly wait-and-see, the shipment of enterprises was under pressure, the contradiction between supply and demand was prominent, and the overall atmosphere of the market was weak. In the second half of the month, the raw material urea was in strong operation. With the sharp decline in the price of melamine in the early stage, the cost pressure was obvious, and the inquiry in the export market was improved. The enterprise’s shipment was ok, the price stopped falling and rose. Near the end of the month, the demand side showed general performance and the market atmosphere was light.

Upstream urea, according to the monitoring data of business society, the domestic urea market rose on December 29, and the reference price of urea was 2552.00 on December 29, an increase of 1.92% compared with December 1. The prices of upstream coal and liquefied natural gas have been adjusted at a low level recently, and the cost support has weakened. From the perspective of demand: the promotion of agricultural demand is accelerated, and industrial demand is mainly wait-and-see. Agricultural fertilizer preparation began to increase in some areas, and the winter storage of chemical fertilizer is expected to accelerate. The market price of melamine fell sharply, the inventory of enterprises was under pressure, and the focus of market negotiation weakened. In terms of supply, some gas head enterprises stopped production for maintenance, and the daily output of urea decreased slightly. On the whole, urea cost support weakened, downstream demand increased, urea supply was insufficient, and urea rose slightly in the future.

Melamine analysts of business society believe that at present, the upstream urea price has risen and the cost support has increased. Recently, the operating rate of melamine has declined slightly, but the demand follow-up is insufficient. Enterprises mainly execute early orders, and the market atmosphere is weak. It is expected that in the short term, the melamine market may operate stably and weakly, and more attention should be paid to the guidance of market news.

According to the bulk commodity list data of business society, the average price of formaldehyde in Shandong at the beginning of the year was 1167.67 yuan / ton, and the average price of formaldehyde in Shandong at the end of the year was 1275.00 yuan / ton, an increase of 9.29%. The highest point was October 14, and the average price was 2266.67 yuan / ton. The lowest point was the beginning of the year, and the highest point was 94.29% higher than the lowest point.

formaldehyde

In 2021, the formaldehyde Market in Shandong rose first and then fell. From the above figure, it can be seen that formaldehyde was in an upward trend for seven months in 2021, and the highest increase in a single month was in September, reaching 22.38%. The rise in September was mainly due to the soaring price of raw material methanol due to macro factors such as coal. Superimposed on the positive downstream goods preparation before the national day, superimposed on double positive factors, the formaldehyde market rose sharply. Formaldehyde has been in a downward trend for four months in 2021, with the largest decline in November, reaching 15.6%. The main reason for the decline in November was the continuous decline of raw methanol. In addition, with the relaxation of power restriction policy, the load of some formaldehyde units was increased, and there was sufficient supply of formaldehyde on the market, while the downstream operation was low, and the supply exceeded the demand, resulting in a sharp decline in the formaldehyde market. In addition to the large changes in the market in the past two months, there were also March, with an increase of 17.65%. The main reason is that there is a strong demand for downstream board factories and adhesive factories in Shandong. The news of “Russia’s proposed wood export ban” has promoted the rise of the wood market. The industry has a good acceptance of the rising price of formaldehyde, high purchasing sentiment and strong stock atmosphere, which supports the continuous rise of the formaldehyde market, and the formaldehyde market is in a high-speed rising channel.

Upstream methanol: it can be seen from the above figure that methanol and formaldehyde basically maintain the same curve throughout the year. The sharp rise of methanol was also in September, mainly because futures strongly led the national long methanol sentiment. The inventory of mainstream production plants remained low and the pressure was difficult to show. In addition, the downstream goods preparation was more active before the national day, which supported the sharp rise of the market in the main methanol producing areas. At the end of October, methanol began to decline, and the decline continued until November. The main reason was the sharp decline in the price of thermal coal. Methanol was sold in Northwest China, but the sales were average, the enterprise inventory increased, and the methanol market continued to decline sharply. The market of methanol basically dominates the market curve of formaldehyde and plays a decisive role in the market trend of formaldehyde.

The downstream of formaldehyde is mainly plate, and the operation of the downstream plate plant determines the purchase intention. In March, affected by macro factors, the export of wood and furniture resumed, and the logs rose sharply. The demand for furniture and plates from abroad, such as Southeast Asia, increased. Therefore, the orders of domestic plate factories increased, the demand for formaldehyde increased significantly, the procurement was positive, the supply of formaldehyde was not in demand, and the market rose significantly. In addition, it is greatly affected by environmental protection. In November, some regions frequently started secondary environmental protection control, the operating rate of downstream plate plants continued to be low, the purchasing mood of operators was weak, and the market trading atmosphere was cold. In order to ship, formaldehyde manufacturers took the initiative to lower their quotation, resulting in the decline of formaldehyde market.

Recently, the domestic methanol market continues to decline, the downstream demand is poor, and the purchasing sentiment is weak. Therefore, the formaldehyde analyst of the chemical branch of the business society predicts that the price of formaldehyde in Shandong will mainly fall in shock at the beginning of 2022.

1、 Price data

According to the bulk list data of business society, the price of petroleum coke of local refiners continued to rise this week. On December 26, the average price in Shandong market was 2708.75 yuan / ton, up 5.45% from 2568.75 yuan / ton on December 20.

On December 26, the commodity index of petroleum coke was 210.68, the same as yesterday, down 19.65% from the highest point 262.19 in the cycle (2021-09-29), and up 214.96% from the lowest point 66.89 on March 28, 2016. (Note: cycle refers to the period since September 30, 2012)

2、 Analysis of influencing factors

This week, the refinery delivered well and the transaction was positive. The inventory of some refineries was low and the price continued to rise.

Upstream: the international crude oil price rose this week, and the symptoms of Omicron infection cases were mild. Even though the epidemic cases in Europe and the United States increased sharply, the symptoms were relatively mild, and the impact of the epidemic on the market was weakened. In addition, oil and gas exploitation in the United States has increased, which has a certain negative impact on oil prices. Second, the US Energy Information Administration (EIA) reported on Wednesday that the decline in US crude oil inventories last week exceeded market expectations, which benefited the oil market. In addition, the organization of Petroleum Exporting Countries and its allies (OPEC +) controlled production, it is unlikely that Iranian oil will return to the international market in the near future, the oil market remains in a tight balance, and the oil price has been supported.

Downstream: Calcined coke prices remained stable as a whole this week; The market price of metal silicon continued to decline; The price of downstream electrolytic aluminum rose. As of December 26, the price was 20093.33 yuan / ton.

Industry: according to the price monitoring of the business community, in the list of commodity prices rising and falling in the 51st week of 2021 (12.20-12.24), there are 11 commodities rising month on month in the energy sector, including 2 commodities rising by more than 5%, accounting for 12.5% of the monitored commodities in the sector; The top three commodities were liquefied natural gas (6.83%), petroleum coke (5.45%) and WTI crude oil (4.34%). There are 4 kinds of commodities with a month on month decrease, and 2 kinds of commodities with a decrease of more than 5%, accounting for 12.5% of the monitored commodities in this sector; The products with the top three declines were steam coal (- 10.77%), methanol (- 6.76%) and dimethyl ether (- 1.72%). Both rose or fell by 0.51% this week.

Petroleum coke analysts of business society believe that: Recently, the local refining manufacturers have shipped well and the price has increased. At present, the downstream has purchased successively, and the inventory in the local refining market is low. It is expected that the petroleum coke price may continue to rise in the near future.

Trend of metallic magnesium in recent March

Market analysis this week

This week, the price of magnesium decreased first and then increased. At the beginning of the week, the high level was obviously loose, and then fell back. Many traders fell steadily and secretly, and downstream buyers were also more cautious in purchasing. By Wednesday, the situation in magnesium city had risen again, mainly due to the convening of the Yulin environmental protection inspector case meeting the day before, and the magnesium price returned to 50000 yuan / ton.

As of December 24, the specific price range of each region is as follows: ex factory tax cash exchange in fugu area is 49900-50000 yuan / ton; The ex factory tax included spot exchange in Ningxia is 49900-50000 yuan / ton; Taiyuan factory tax included spot exchange 50000-50100 yuan / ton; The ex factory tax included spot exchange in Wenxi area is 50100-50200 yuan / ton.

Inventory supply and demand are both tight

According to the business agency, some traders said that there was little inventory left in the factory, and some factories suspended quotation. The output of magnesium in Yulin from January to November was 474000 tons, down 5.2%.

After the stock replenishment before the festival in foreign countries, during the Christmas holiday this week, orders fell sharply, overseas transactions were cold, lack of support from overseas orders, and domestic procurement was mainly rigid demand, so the quotation of magnesium ingots was under pressure.

Environmental news triggered a jump in magnesium prices

On the afternoon of December 22, the Symposium on typical cases of the central ecological and environmental protection inspectors was held in Yulin. The meeting informed the central ecological and environmental protection inspector of the typical case of “ineffective elimination of backwardness, frequent illegal construction and prominent environmental problems in the blue carbon industry” in Yulin, conducted a profound and comprehensive analysis on the problems involved, and arranged the deployment of rectification work.

According to the data monitoring of the business agency, the orchid charcoal market was weak and stable on the 24th. The mainstream price of small and medium-sized materials in fugu market was 1650-1750 yuan / ton, and the coke surface was 1150-1250 yuan / ton. Under the influence of environmental protection inspectors, Lantan enterprises are expected to stop production and limit production. Previously, the enterprises that stopped production are expected to resume production in years, and some of them will suspend shipping quotation.

The sudden news from the environmental protection inspector once again panicked the magnesium ingot Market. Some magnesium plants rose 10000 yuan a day to 50000 yuan / ton of tax included spot exchange. Some magnesium plants did not offer prices and waited on the market. Downstream purchasers do not buy the sudden surge in prices. They are more cautious and wait-and-see, and the transaction is not positive. Traders have a strong willingness to support prices due to policy uncertainty.

Future forecast

From the perspective of supply-demand relationship, there are not many spot goods at present, and the demand side performance is not ideal. The high price follow-up of downstream users is not strong. At the same time, due to foreign holidays, orders are also reduced synchronously, and the driving force for the rise of magnesium ingots is insufficient. Traders are expected to offer more firm prices under the influence of environmental protection policies, and the high price support of magnesium ingots is still in progress. Therefore, business analysts believe that the magnesium ingot Market will maintain a high and stable operation in the short term, and we need to pay close attention to the policy details in the follow-up.

This week, the domestic liquefied gas market was not favorable, and the price continued to fall. The price of civil gas in Shandong mostly fell below the 5000 yuan / ton level. According to the data monitoring of business agency, the average price of liquefied gas in Shandong civil market was 5220.00 yuan / ton on December 12 and 4950.00 yuan / ton on December 20, with a decrease of 5.17% during the week and an increase of 41.03% compared with the same period last year.

As of December 20, the mainstream prices of liquefied gas in various regions in China are as follows:

region Mainstream quotation

North China 4720-5050 yuan / ton

East China 4750-5200 yuan / ton

South China 4950-5250 yuan / ton

Shandong region 4800-5200 yuan / ton

This week, the overall trend of the domestic liquefied gas market continued to be weak, the focus of Shandong civil gas market continued to move downward, and the price mostly fell below the 5000 yuan / ton level. At present, the market is lack of good. The downward trend of international crude oil shocks has brought insufficient support to the market. Although the supply of Shandong market has not fully recovered and operates at a low level, the improvement of terminal demand is insufficient. The recent cooling of the weather is not obvious, the market demand is limited, the downstream mentality is cautious, and the enthusiasm to enter the market is not high. The manufacturer’s inventory is increasing gradually, focusing on profit making shipment. The domestic civil liquefied gas market is mainly weak, and the civil gas market in other regions has also been reduced to varying degrees.

The recent shock and decline of LPG futures market has brought some bad news to the spot market. On December 20, the opening price of LPG futures contract 2202 was 4280, the highest price was 4341, the lowest price was 4161, the closing price was 4175, the former settlement price was 4375, the settlement price was 4252, down 200, down 4.57%, the trading volume was 170851, the position was 70082, and the daily position was increased by 4749. (quotation unit: yuan / ton)

At present, the domestic liquefied gas market as a whole is mainly downward, and the market lacks obvious benefits. The shock of the international crude oil trend brings limited support to the market, the improvement of terminal demand is insufficient, the downstream market entry enthusiasm is limited, the overall transaction atmosphere in the market is weak, the manufacturer’s mentality is general, and the price is mainly reduced for shipment. It is expected that the price of civil gas in Shandong will still be downward in the short term.

According to the data monitoring of business agency, as of December 22, the reference average price of 30% grade phosphorus ore in the mainstream areas of China was around 690 yuan / ton. Compared with December 1 (reference price 680 yuan / ton), the average price increased by 10 yuan / ton, or 1.47%.

In early December, the domestic phosphate ore market was slightly up

At the beginning of December, the domestic phosphorus ore market operated steadily as a whole, and the downstream Yellow Phosphorus market gradually warmed up since the beginning of December, bringing a positive atmosphere to the market. The continuous tight supply support in the phosphorus ore quarry, coupled with the effective drive of the downstream, some mining enterprises have expectations for the rise of the phosphorus ore market price. On August 8, mining enterprises in some parts of China raised the market price of medium and high-end phosphorus ore slightly again. In Guizhou, the freight yard price of 28% phosphorus ore increased by 20 yuan / ton. At present, the ex factory price of 28% phosphorus ore is around 580-620 yuan / ton, the price of 30% phosphorus ore increased by 20 yuan / ton, and the ex factory price of 30% phosphorus ore is around 630-670 yuan / ton. The market situation of phosphorus ore in Guangxi has also gathered slightly upward. The freight yard prices of 28% grade and 30% grade phosphorus ore have also been increased by about 20 yuan / ton. After adjustment, the ex factory price of 28% grade phosphorus ore is around 590-630 yuan / ton, and the ex factory price of 30% grade phosphorus ore is around 640-680 yuan / ton.

In late December, the domestic phosphorus ore market was sorted and operated at a high level

In late December, China’s domestic phosphorus ore market remained at a high level. At present, the downstream procurement atmosphere was acceptable, the downstream Yellow Phosphorus price gradually rose, continued to support the phosphorus ore market, the mine supply remained tight, and most orders were contract users. On the 21st, some domestic mining enterprises in Guizhou raised the Chinese end-grade phosphorus ore yard price slightly again, The increase range is 10 yuan / ton. The freight yard price of 30% grade phosphorus ore in Guizhou is 640-670 yuan / ton. As of December 22, the reference average price in the mainstream areas of 30% grade phosphorus ore in China is around 690 yuan / ton, with an increase of 1.5% within the month. At present, the downstream of domestic phosphorus ore market maintains stable procurement, and the supply and demand surface in the plant is normal.

According to the business agency, the following is the current price of phosphate rock in some parts of China (for reference only)

product region grade Price remarks

Phosphate rock Guizhou 30% 640-670 yuan / ton Factory price

Phosphate rock Guizhou 28% 560-620 yuan / ton Factory price

Ammonium phosphate ore Hubei 28% 660-680 yuan / ton Plate price

Phosphate rock Guangxi 30% 630-680 yuan / ton Factory price

Phosphate rock Guangxi 28% 560-620 yuan / ton Factory price

In terms of index, the phosphorus ore commodity index on December 21 was 126.61, up 0.62 points from yesterday, a record high in the cycle, up 146.42% from the lowest point of 51.38 on December 24, 2018. (Note: the period refers to the period from September 1, 2011 to now)

After years of development, China’s phosphorus ore industry has formed a mature industrial chain, which is mainly divided into three links. Among them, the upstream participants are phosphorus ore mining equipment suppliers, including civil blasting equipment suppliers and mining machinery equipment suppliers; The main participants in the middle reaches are phosphorus ore mining enterprises, which are the owners of phosphorus ore resources and mining technology; The downstream participants are phosphorus chemical enterprises, and the main products are yellow phosphorus and phosphoric acid.

In terms of downstream yellow phosphorus, in December, the domestic yellow phosphorus Market Trend operated upward as a whole. The manufacturer mainly supplied old customers with early orders, and the transaction of new orders was acceptable. There are more inquiries in the yellow phosphorus field, higher market procurement enthusiasm, tight supply, manufacturers are reluctant to sell, and the price of yellow phosphorus rises. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is about 45000 yuan / ton; The mainstream quotation in Sichuan is about 44000 yuan / ton; The mainstream quotation in Guizhou is about 42000-43000 yuan / ton. It is reported that Yunnan began to implement the new electricity price in 2022 in January. The electricity price in Yunnan will rise, and the cost of yellow phosphorus enterprises will increase.

Forecast and analysis of future trend of phosphate rock

At present, as the new year’s Day holiday is approaching, the downstream of domestic phosphorus ore may welcome phased goods preparation. Phosphorus ore analysts of business society believe that most of the phosphorus ore market will continue to operate at a high level and stably in the near future., More attention should be paid to the news changes on the supply and demand side.

According to the data monitored by the business society, as of December 21, the average price of domestic rubber grade high-grade white carbon black was 6750.00 yuan / ton. This week, the white carbon black market mainly operated stably, and the white carbon black price was stable, medium and strong. At present, the market supply is normal, the downstream just needs to purchase, and the transaction atmosphere is general.

The mainstream price of white carbon black is about 6750 yuan / ton, and the price is mainly stable. Compared with the same period last week, the price has not changed significantly, down 1.82% compared with the same period last month. The overall market supply and demand is balanced, the operation is weak in a narrow range, the procurement enthusiasm is general, the main supply contract customers, the negotiation atmosphere is flat, and the white carbon black market is stable, medium and strong.

The upstream hydrochloric acid fluctuated upward. As of December 20, the domestic hydrochloric acid market price rose slightly, up 30.00 yuan / ton or 10.14% compared with the quotation on December 17, and up 6.02% year-on-year compared with the same period last year. The upstream liquid chlorine market is good, giving strong support to hydrochloric acid, the downstream ammonium chloride market is low, the polyaluminium chloride market is rising slightly, and has a good enthusiasm for hydrochloric acid procurement.

On December 20, the chemical index was 1108 points, up 6 points from yesterday, down 20.86% from the highest point of 1400 points in the cycle (2021-10-23), and up 85.28% from the lowest point of 598 points on April 8, 2020. (Note: the period refers to the period from December 1, 2011 to now)

Business agency white carbon black analysts believe that: in the short term, white carbon black will mainly operate smoothly, and the price fluctuation range is limited. (to know more about the industry chain market trends, welcome to pay attention to the official account of the business community, obtain commodity information, and grasp the commodity price).

Price trend

According to the price monitoring of business agency, the price of cryolite in Henan remained unchanged this week. On December 17, the average market price in Henan was 7275.00 yuan / ton, an increase of 1.75% month on month and 25.43% year-on-year.

quotations analysis

The domestic cryolite market continues to be strong. At present, the source of raw materials of most enterprises tends to be stable. Due to the high price of raw materials and the impact of cost pressure, the high price of cryolite is temporarily stable. Coupled with the heating in northern winter, the production of manufacturers is limited and the output is reduced, and the market situation continues to be high. As of December 17, the ex factory quotation of cryolite in Shandong is 7000-7600 yuan / ton, and that in Henan is 6700-8600 yuan / ton.

In terms of raw materials, the soda ash market continued to decline this week. As of December 17, the average market price was about 2775 yuan / ton. The price in the week fell by 8.26% and increased by 98.21% compared with the same period last year. The soda ash price was higher than that in previous periods. The operating rate of soda ash was 82.54% this week, the output increased during the week, the supply of soda ash was stable, the manufacturers actively shipped, mainly purchased on demand in the downstream, and the market trading was general.

In the downstream, the aluminum market fluctuated upward. On December 17, the aluminum price was 19400.00 yuan / ton, an increase of 3.30% in the week compared with the price of 118780.00 yuan / ton at the end of last week. The downstream market raised the quotation, the aluminum demand recovered, the accumulation of social inventory eased, the supply and demand side improved, the aluminum price rose, and the market was sorted upward.

Future forecast

The quotation of domestic cryolite enterprises continues to be high, the high cost of raw materials and the impact of limited production of heating in winter coexist, and the mentality of the field operators is optimistic. From the perspective of market supply, the short-term cryolite trend continues to operate at a high level, and the specific attention is paid to the situation of upstream raw materials.

The domestic aggregate MDI market rebounded slowly, the spot was tight, and the price was high in the short term. Weekly quotation, factory prices are increased, limited supply; Production enterprises deliver goods evenly, with slow delivery, slow filling of goods in the trade market, small incoming volume near the end of the year, and tight market supply; In addition, dealers are worried about the high settlement price at the end of the month, and the quotation of mainstream dealers is higher.

According to the sample data monitored by the business community, from December 10 to December 17, the market price of domestic aggregated MDI increased from 18720 yuan / ton to 19280 yuan / ton, with a price increase of 2.99%, a month on month decrease of 4.08% and a year-on-year increase of 8.62%.

Summary of domestic aggregate MDI market as of December 17:

Region, Wanhua goods, Shanghai goods

North China and Shandong 19400-19500 yuan / ton 19000-19100 yuan / ton

East China 19500 yuan / ton 19000-19100 yuan / ton

South China 19500 yuan / ton 19000-19200 yuan / ton

Summary of domestic aggregated MDI traders as of December 17:

Raw material pure benzene: the price of East pure benzene rises, and this round of rise is mainly driven by the price of Shandong. Shandong market immediately began to hype the news that new downstream devices were about to enter the procurement market. Traders bought goods actively and prices rose. Driven by the atmosphere of Shandong, the East China market has a large volume of paper goods, and the price has also risen rapidly.

Comparison chart of pure benzene (upstream raw material) – polymerized MDI price trend of business society:

Aniline: aniline rebounded slightly driven by cost. Ningbo Wanhua phase 2 aniline MDI cogeneration unit was shut down, Yantai Wanhua’s shipment to Ningbo decreased and aniline inventory increased, but Yantai Wanhua’s plan to store a large amount of aniline for export has not yet been heard, which has no impact on the domestic aniline Market

Comparison chart of aniline (upstream raw material) – polymerized MDI price trend of business society:

In terms of enterprises, Yantai Wanhua 1.1 million T / a plant operates normally; Ningbo Wanhua 1.5 million T / a plant phase I stopped on November 27 for 45 days; Phase II will stop on December 11 for 45 days. The 600000 T / a unit of Shanghai keschuang operates normally; The 380000 T / a unit of Shanghai Huntsman operates normally; Shanghai BASF 220000 T / a unit operates normally; Chongqing BASF has a negative phenomenon this week; There is a maintenance plan in January 2022, and the specific time is unknown at present. Dongcao Ruian 80000 T / a unit operates normally.

In the future, business community aggregation MDI analysts expect that the domestic aggregation MDI market is mainly sorted out.

According to the data monitoring of the business agency: this week, the prices of industrial and battery grade lithium carbonate returned to rise sharply again, and the rising range is increasing. On December 16, the average price of industrial grade lithium carbonate in East China was 233600 yuan / ton, Compared with the price at the beginning of the week (the average price of industrial lithium carbonate in East China was 207600 yuan / ton on December 12), the price increased by 12.52%. The average price of battery lithium carbonate in East China was 247000 yuan / ton on December 16 (on December 12, the average price of battery grade lithium carbonate in East China was 220000 yuan / ton), up 12.27% compared with the price. As of December 16, the comprehensive quotation of industrial grade lithium carbonate market was about 207000 ~ 236000 yuan / ton, and the comprehensive quotation of battery grade lithium carbonate Market was about 217000 ~ 268000 yuan / ton.

By observing the market changes, the price of lithium carbonate has been rising again and again this week, and the rising range is increasing. Due to the increasingly serious mood of goods preparation at the end of the year, the market procurement volume continues to increase. The output of lithium iron phosphate and ternary materials in the downstream also increased significantly, so the demand for lithium carbonate continued to rise. With the obvious reduction in the domestic market, the supply of goods is also relatively tight, and the market is hard to find. Therefore, manufacturers and traders have raised the price of lithium carbonate one after another. With the impact of the continuous decline of lithium carbonate inventory in the market, the situation of high price lock volume appears.

The price of domestic industrial lithium hydroxide in the downstream is temporarily stable. Recently, the price of raw spodumene has been running at a high level, with obvious cost support, little change in supply and demand, and a fair market atmosphere. At present, there are still some stocks in the market, and the future demand for lithium carbonate conversion may appear, which may follow the upward trend.

The price of lithium iron phosphate power type in the downstream remained stable, the supply and demand of mainstream lithium iron phosphate enterprises in the market were still tight at full production and sales, and the acceptance of price increase in the downstream was improved. In terms of price, the price of lithium salt is still in an upward trend, and the price of lithium iron phosphate may rise in the future driven by the raw material end.

According to the lithium carbonate analysts of business society, with the approaching of the Spring Festival holiday, the hoarding sentiment of lithium carbonate raw materials in the downstream market continues to rise. In addition, the current sharp decline in the spot volume of lithium carbonate has continuously raised the price. It is expected that the short-term lithium carbonate price is still rising.

1、 Price trend

According to the bulk list data of business society, mixed xylene fell first and then rose this week, with a slight increase compared with last week. On December 3, the price was 5740 yuan / ton; On Friday (December 10), the price was 5840 yuan / ton, an increase of 0.17% over last week and 44.91% over the same period last year.

2、 Analysis and review

This week, the international oil price rose by a wide margin, the cost side was boosted, the mixed xylene market rose, the enthusiasm was strong, and the price rebounded. However, poor downstream demand still restricts the rise of mixed xylene.

In the external market, the mixed xylene in the external market fell after rising this week. On Friday (December 10), the price of mixed xylene imported from South Korea was $708.5/t, up $16 / T or 2.31% month on month (December 3); the reference price of domestic imported mixed xylene was $736 / T, up $19 / T or 2.65% month on month (December 3).

In terms of crude oil, Saudi Arabia is expected to maintain strong crude oil demand in the future, and raised the official sales price of all crude oil grades in Asia and the United States in January. The market’s concern about the inhibition of crude oil demand by the new crown mutant strain Omicron eased, the price rebounded sharply, and the price returned to above $70 / barrel. Brent rose $5.27 / barrel, or 7.54% this week; WTI rose $5.41/barrel, or 8.16%.

Downstream, in the PX market, the domestic PX price this week was flat compared with the beginning of the week. On Friday (December 10), the domestic ex factory price of p-xylene was 6700 yuan / ton, an increase of 55.81% over the same period last year. As of December 10, the closing prices in Asia were 814-816 US dollars / ton, FOB Korea and 832-834 US dollars / ton CFR China.

In the ox market, the price of ox in East China fell broadly this week. On Friday (December 10), the price of ox in East China was 6300 yuan / ton, down 4.55% from last week and up 13.31% from the same period last year.

In terms of gasoline, gasoline in Shandong rose first and then fell this week. The price was 7886.8 yuan / ton on December 3 and 7789.2 yuan / ton on December 10, down 1.24% from last week and 36.57% from the same period last year.

3、 Future forecast

In terms of crude oil, the market is still worried about the new crown variant strain Omicron. Many countries strengthen epidemic prevention and control measures. Before further determining its impact, the demand for crude oil will still be limited. Continue to pay attention to the impact of the global epidemic, OPEC + decisions on crude oil production, the inventory dynamics of U.S. crude oil and refined oil, and global economic conditions on crude oil prices.

Downstream demand continues to be light, and the price rise is blocked. The short-term mixed xylene price trend is obviously affected by external news. Pay attention to mixed xylene port and plant dynamics, downstream market and plant dynamics, as well as the impact of crude oil, external market and other trends on mixed xylene prices.

Acetic anhydride prices fluctuated and fell this week

According to the data monitoring of the business society, the price of acetic anhydride fluctuated and fell this week, and the acetic anhydride market fell. As of December 13, the price of acetic anhydride was 10950.00 yuan / ton, down 4.16% from 11425.00 yuan / ton last weekend (December 3). The cost of raw materials decreased and the market of acetic anhydride fell.

Raw material acetic acid market fell

According to the monitoring data of business society, the price of acetic acid fell slightly this week, and the decline of acetic acid Market slowed down. As of December 13, the quotation of acetic acid was 6140 yuan / ton, down 1.76% from 6250 yuan / ton on December 3 last weekend. This week, the price of acetic acid fell slightly, the price of raw materials fell, the cost of acetic anhydride fell, and the pressure of acetic anhydride fell was great.

Methanol prices fell sharply this week

According to the monitoring data of the business community, the methanol market fell this week and the methanol price fell sharply. As of December 13, the methanol price was 2612.50 yuan / ton, down 5.26% from 2757.50 yuan / ton on December 3 last weekend; The domestic methanol market fell. The cost of acetic anhydride decreased, and the pressure of acetic anhydride decline increased.

Market overview and future forecast

Business agency acetic anhydride data analysts believe that the decline in the price of raw acetic acid slowed down this week, and the price of methanol fell sharply. The cost of acetic anhydride decreased, and the downward pressure of acetic anhydride weakened; Acetic anhydride supply is normal, downstream purchasing enthusiasm is general, and customers are more cautious. In the future, the cost of acetic anhydride is adjusted weakly, the downward pressure of acetic anhydride is weakened, and the future price of acetic anhydride is expected to be adjusted weakly.

Last week (12.6-10), the domestic market price of butyl acetate fell significantly. It was mainly affected by the weak cost and weak demand caused by the decline of upstream acetic acid. According to the monitoring of business society, the weekly decline of butyl acetate was 2.78%. The domestic mainstream quotation of butyl acetate at the weekend was 9500-10000 yuan / ton.

First, in terms of cost, domestic acetic acid continued to decline last week, with a decline of 1.44%. During the week, the quotation fell first and then stabilized, the downstream demand continued to be weak, the market was dominated by just buying, the transaction of new orders in the market was insufficient, the acetic acid manufacturers negotiated shipment, and the transaction focus shifted downward. Most domestic acetic acid plants operated normally, and the devices of individual enterprises in East China were overhauled. However, the enterprise’s early inventory accumulated, the overall supply of goods in the market was still sufficient, and the operator’s mentality remained wait-and-see.

In addition, from the perspective of upstream n-butanol, according to the monitoring of business society, as of December 9, the average ex factory price of n-butanol in Shandong was 7966 yuan / ton, Compared with the price on December 5 (the reference average price of n-butanol was 8200 yuan / ton), the average price was reduced by 234 yuan / ton, a decrease of 2.85%. Since the beginning of the month, the domestic n-butanol market in Shandong has been running downward all the time, and the decline of acetic acid and n-butanol prices has dragged down the improvement of butyl acetate Market.

In terms of supply and demand, the operating rate of major manufacturers was high last week and the market supply was sufficient. Last week, the prices of large factories were generally reduced by about 300 yuan / ton. The manufacturer’s shipment speed is weak, and the price support psychology is weakened, which has a significant impact on the market. In addition, traders are not active in taking goods, and downstream factories on the demand side are only limited to just need to buy. Market trading is not active, demand follow-up is insufficient, and the market has not substantially improved.

Future forecast: it is difficult to say that the cost side is good in the near future, and the supply side also shows certain pressure. The manufacturer will accumulate the risk of inventory in the later stage. It is expected that the recent ethyl acetate Market may still decline.

Recent price trend of hydrochloric acid

As can be seen from the above figure, the price of domestic hydrochloric acid decreased slightly this week, and the quotation decreased from 320.00 yuan / ton last weekend to 300.00 yuan / ton this weekend, a decrease of 6.25%, a year-on-year decrease of 3.23% compared with the same period last year. Overall, the domestic hydrochloric acid market fell slightly this week. On December 9, the commodity index of hydrochloric acid was 78.95, the same as yesterday, down 42.74% from the highest point of 137.89 in the cycle (2021-10-26), and up 339.10% from the lowest point of 17.98 on September 5, 2012. (Note: the period refers to the period from September 1, 2011 to now)

The upstream support is weakened and the downstream procurement is general

From the manufacturer’s quotation, the domestic hydrochloric acid market price fell slightly this week. Dezhou Shihua hydrochloric acid quoted 400 yuan / ton this weekend, which fell by 100 yuan / ton compared with last weekend; The price of synthetic hydrochloric acid from Wen Shui is 280 yuan / ton this weekend, which is temporarily stable compared with last weekend; Dezhou Maihua hydrochloric acid is quoted at 60 yuan / ton this weekend, which is temporarily stable compared with last weekend; Liaocheng Huatong hydrochloric acid quoted 160 yuan / ton this weekend, which was temporarily stable compared with last weekend; Xiangcheng Sanan hydrochloric acid is quoted at 600 yuan / ton this weekend, which is temporarily stable compared with last weekend.

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market fell slightly, weakening the support for hydrochloric acid. The price of downstream polyaluminium chloride first fell and then rose. The quotation increased from 2356.25 yuan / ton last weekend to 2362.50 yuan / ton this weekend, an increase of 0.27%, up 31.98% year-on-year compared with the same period last year; The market price of ammonium chloride decreased slightly, and the quotation decreased from 1170.00 yuan / ton last weekend to 1132.50 yuan / ton this weekend, a decrease of 3.21%. On the whole, the upstream and downstream products are not enthusiastic about purchasing hydrochloric acid, which has a negative impact on the price of hydrochloric acid.

Future forecast

The market of upstream liquid chlorine has fallen recently, the cost support is general, the market of downstream polyaluminium chloride and ammonium chloride has declined slightly, and the willingness to purchase downstream has weakened. Business analysts believe that hydrochloric acid has mainly suffered a slight shock and decline recently.

1、 Price trend

According to the monitoring data of business agency, the average ex factory price of domestic ammonium sulfate was 1896 yuan / ton on December 6, and 1896 yuan / ton on December 10. The price of ammonium sulfate was stable this week.

2、 Market analysis

The overall market situation of ammonium sulfate this week was temporarily stable, and prices were slightly adjusted in some areas. The supply of ammonium sulfate is stable this week. The downstream demand is weak, there is resistance to high prices, and enterprises adjust prices flexibly. The downstream procurement is not active, and the trading volume of ammonium sulfate is limited. At present, the market is deadlocked. For coking grade ammonium sulfate this week, the mainstream factory quotation of ammonium sulfate in Shandong is 1800-1850 yuan / ton, the mainstream factory quotation of ammonium sulfate in Hebei is 1750-1800 yuan / ton, and the mainstream factory quotation of ammonium sulfate in Shanxi is 1700-1760 yuan / ton. This week’s domestic ammonium sulfate, the factory quotation in Shandong is 2100-2150 yuan / ton.

The downstream compound fertilizer market has not fluctuated much this week. The market of urea, the raw material of compound fertilizer, rose steadily, and the price of monoammonium phosphate continued to decline. At present, the compound fertilizer market is mainly stable, the demand for raw materials is insufficient, and more replenishment is required. The winter storage market is weak, and it is difficult to improve the demand for raw material ammonium sulfate in the short term.

3、 Future forecast

The ammonium sulfate analyst of business society believes that at present, the ammonium sulfate Market is not good, the downstream just needs replenishment, and the market supply and demand is balanced. However, due to the weak demand side, enterprises are under pressure to ship, and ammonium sulfate is expected to decline slightly in the short term.

In December, both raw materials were in a bad state, and the epoxy resin market fell significantly. According to the monitoring data of business society, on December 1, the offer of liquid resin Market in East China was 27500-28000 yuan / ton, the offer of Huangshan solid epoxy resin market was 22000-22500 yuan / ton, and the offer of liquid resin Market in East China fell 2000 yuan and 25500-26000 yuan / ton on December 9, The market offer of Huangshan solid epoxy resin is 21000 yuan / ton, and at present, the decline is difficult to stop, and it is difficult to have favorable support upstream and downstream of the industrial chain. The epoxy resin market continued to decline. On the one hand, the double raw materials were bad, on the other hand, the downstream demand was poor.

In December, the domestic bisphenol a market continued to decline until the market stopped falling and rebounded on the 8th. The main reason is that the market spot resources are limited and the offer of cargo holders pushed up, but the actual purchase volume on the floor is very limited and the market transaction is flat. According to the monitoring data of business agency, the domestic bisphenol a market offer was 16875 yuan / ton on December 1, 15575 yuan / ton on December 7 and 15900 yuan / ton on December 9, with a cumulative decrease of 5.78% and an amplitude of 7.7%. The fluctuation of bisphenol a market is mainly affected by the start-up of domestic factories and the production of new units, bidding and changes in downstream demand. Short term BPA interval adjustment operation.

Epichlorohydrin market fell. At present, the price of raw propylene is rising slightly, the raw glycerol market is weak, the cost support is relatively general, the demand side support is weak, the downstream consumption inventory or long-term contract is mainly, the inquiry purchase intention is poor, the shipment of goods holders is not smooth, the market transaction is weak, and the price of epichlorohydrin is lower. On December 8, the average quotation price of epichlorohydrin enterprises was 15566.67 yuan / ton, down 3.51% compared with the price on December 1, 20.85% compared with the price on November 8, and 1.27% year-on-year in a three-month cycle. At present, with limited cost support and weak demand, the market atmosphere is light. It is expected that in the short term, the epichlorohydrin market may focus on weak consolidation, and more attention should be paid to the guidance of market news.

Device: the overall operating rate of liquid resin is about 60%; The operating rate of solid resin is 4-5%.

From the perspective of the chemical industry, it is still in the downward channel, but from the perspective of the energy end, the decline slows down. From the perspective of the epoxy resin market, the decline of dual raw materials slows down and has a slight correction, but there is a lack of positive support for the continuous upward trend. The new capacity of raw material bisphenol A and the situation of domestic factories still need to be paid special attention. The new capacity of epoxy resin market has been announced continuously, and the proportion of price in the market has increased. Business analysts believe that in the later stage, they pay more attention to the impact of industrial policies. According to the current situation, the epoxy resin market may continue to bottom in the short term in December.

1、 Price trend

According to the monitoring data of business agency, the price of baking soda was adjusted and operated this week. The average market price was 3550 yuan / ton at the beginning of the week and 3500 yuan / ton at the weekend, with the price down 1.41%. The price of baking soda maintained the consolidation trend this week. On December 2, the commodity index of baking soda was 232.30, the same as yesterday, down 1.50% from the highest point 235.84 in the cycle (2021-11-10), and up 163.17% from the lowest point 88.27 on December 22, 2020. (Note: the period refers to the period from September 1, 2020 to now)

2、 Market analysis

According to the business agency, the price of baking soda has been adjusted and operated, and the demand in the downstream market is generally in the near future. At present, the price of baking soda in Henan is about 3200-3500 yuan / ton. The price of baking soda in Hebei is about 3400-3500 yuan / ton, and the downstream demand is general. It is expected that the price will be adjusted in the later stage.

Raw materials: soda ash prices are weak this week. The average market price of light soda ash at the beginning of the week was 3387.5 yuan / ton, and the average market price on Friday was about 3200 yuan / ton, down 5.54% and up 110.25% over the same period last year. The mainstream market price of light soda ash in East China is about 3200-3400 yuan / ton. The price of soda ash in North China is relatively strong, and the current market price of light soda ash is about 3300-3500 yuan / ton. On the whole, the short-term soda ash price is weak, mainly running. The manufacturer actively shipped, and the actual transaction was average. Data show that the overall operating rate of soda ash during the week was 81.91%, up 6.82% month on month. During the week, the output of soda ash was 582900 tons, an increase of 48500 tons. The unit was started and resumed within the week, and the output increased.

Demand: in the downstream, the demand for baking soda in medicine, textile and food is general in the near future, and the actual shipment is general. As for raw materials, according to the monitoring data of business society, the price of soda ash is weak, the operation market is in general, the market atmosphere is general, and the inventory of soda ash manufacturers has increased. Downstream glass is mainly purchased on demand, with strong wait-and-see mood. In the downstream, the demand for baking soda in medicine, textile and food is generally in the near future. Generally speaking, the price of baking soda will continue to adjust the operation market in the short term, depending on the demand of the downstream market.

Recent price trend of calcium carbide

As can be seen from the above figure, the factory price of calcium carbide in Northwest China fell slightly this week. This week, the average ex factory price of mainstream calcium carbide manufacturers in Northwest China fell from 5266.67 yuan / ton last weekend to 5200.00 yuan / ton on December 3, down 66.67 yuan / ton, down 1.27%, up 40.54% year-on-year compared with the same period last year. Overall, the calcium carbide market fell slightly this week, and there is still a downward trend at the weekend. On December 5, the calcium carbide commodity index was 136.24, the same as yesterday, down 35.81% from the highest point of 212.23 in the cycle (2021-10-26), and up 145.52% from the lowest point of 55.49 on March 14, 2016. (Note: the period refers to the period from September 1, 2011 to now)

The upstream cost support has been strengthened, and the downstream demand has declined

Judging from the manufacturer’s quotation, the factory price of calcium carbide in Northwest China fell this week: oviganone quoted 5200 yuan / ton of calcium carbide this weekend, which was temporarily stable compared with last weekend; Inner Mongolia Zhonglian calcium carbide quoted 5100 yuan / ton this weekend, down 100 yuan / ton compared with last weekend; Ningxia Xingping calcium carbide quotation this weekend was 5300 yuan / ton, down 100 yuan / ton compared with last weekend.

From the upstream raw material market, the ex factory quotation of Lantan rose slightly this week. The quotation of Shenmu small materials this weekend is 1700 yuan / ton, which is 30 yuan / ton higher than that last weekend; The quotation of CMCC this weekend is 1700 yuan / ton, which has increased by 30 yuan / ton compared with last weekend; The quotation of bulk materials this weekend is 1730 yuan / ton, which has increased by 30 yuan / ton compared with last weekend. The price of upstream raw materials rose slightly and the cost support was strengthened, which had a positive impact on the price of calcium carbide.

From the downstream market, the ex factory price of PVC fell slightly this week. This week, the price of PVC fell from 9340.00 yuan / ton last weekend to 8980.00 yuan / ton on December 3, a decrease of 3.58%, an increase of 8.36% over the same period last year. PVC prices fell slightly this week, downstream customers’ enthusiasm for calcium carbide procurement weakened, and the downstream PVC market had a negative impact on calcium carbide prices.

The downstream market has insufficient power to rise, and calcium carbide fell slightly in the future

In the first ten days of December, the calcium carbide market may fluctuate slightly and fall mainly. The price of raw material blue carbon rose slightly and the cost support of calcium carbide strengthened, but the downstream PVC market began to decline slightly and the downstream demand weakened. It is predicted that the price of calcium carbide in Northwest China may fluctuate slightly in early December.

1、 Price trend

According to the bulk list data of business society, the price of mixed xylene fell continuously this week. On November 26, the price of mixed xylene was 6050 yuan / ton; On Friday (December 3), the price was 5740 yuan / ton, down 5.12% from last week; Compared with the same period last year, it increased by 54.3%.

2、 Analysis and review

This week, the international oil price fluctuated and fell, the mixed xylene in Asia fell broadly, the external news was bad, and the mixed xylene price followed the decline. Weak downstream demand and light market negotiation atmosphere; And by the impact of low-cost supply, the shipment pressure increases.

In the external market, the mixed xylene in the external market rebounded slightly after a wide decline this week. On Friday (December 3), the price of mixed xylene imported from South Korea was US $692.5/t, down US $70 / T, or 9.18%, compared with November 26; The reference price of domestic imported mixed xylene was US $717 / T, down US $72 / T or 9.13% month on month on November 26.

Crude oil fell sharply this week. Last week, a new variant of COVID-19, which was discovered in South Africa and other countries, triggered a sell-off of financial assets, exacerbating concerns about oil demand and oil prices. The OPEC + meeting within the week decided to maintain the original production increase plan and boost oil prices. Brent fell $2.84 / barrel, or 3.91% this week; WTI fell $1.89/barrel, or 2.77%.

Downstream, in the PX market, the domestic PX price fell this week. On Friday (December 3), the domestic ex factory price of p-xylene was 6700 yuan / ton, down 8.22% from the beginning of the week and up 55.81% year-on-year. As of December 3, the closing prices in Asia were USD 795-797 / T FOB Korea and USD 813-815 / T CFR China.

In the ox market, the price of ox in East China fell this week. On Friday (December 3), the price of ox in East China was 6600 yuan / ton, down 4.35% from last week and up 17.44% from the same period last year.

In terms of gasoline, gasoline in Shandong fell this week. The price was 8066 yuan / ton on November 26 and 7886.8 yuan / ton on December 3, down 2.22% from last week and up 47.11% from the same period last year.

3、 Future forecast

In terms of crude oil, the market continues to pay attention to the impact of the mutant strain Omicron on crude oil and economy. OPEC + maintains the original planned increase in production or continues to boost oil prices. It is expected that the oil price will fluctuate in the short term and there is room for rebound. Continue to pay attention to the impact of the global epidemic, OPEC + decisions on crude oil production, the inventory dynamics of U.S. crude oil and refined oil, and global economic conditions on crude oil prices.

In the short term, crude oil maintained a weak trend and lacked support for mixed xylene market. Mixed xylene port inventory continued to rise, the downstream demand side was insufficient, and the negotiation was light. Overall, the trend of mixed xylene will continue to decline weakly next week. Pay attention to mixed xylene port and plant dynamics, downstream market and plant dynamics, as well as the impact of crude oil, external market and other trends on mixed xylene prices.

Price trend

According to the bulk list data of business society, domestic vitamin C fell slightly this week. The average price of food grade vitamin C was 48 yuan / kg at the beginning of the week and 47.67 yuan / kg at the end of the week, a decrease of 0.69%.

According to the monitoring of business society, the domestic vitamin C market is running smoothly. At present, the mainstream price of food grade is 46-48 yuan / kg, and that of feed grade is 42-44 yuan / kg. Most production enterprises stop reporting, the market supply is sufficient and the demand is general.

Upstream: the price of corn fluctuates slightly. It is expected that the overall price of corn will continue to be weak and downward during the first ten days of December, but it does not rule out the interval rebound in some markets due to the impact of weather on transportation.

The price of vitamin A remained stable this week, and the weekly average price of feed grade vitamin A remained stable at 295 yuan / kg. The mainstream price of vitamin A is 280-295 yuan / kg. It is said that Zhejiang medicine raised the price to 360 yuan / kg on November 5. Under the guidance of price adjustment by large manufacturers, the market performance was strong, manufacturers stopped reporting, and traders supported the price.

The vitamin E market is running smoothly this week. The average price of feed grade vitamin E is stable at 90 yuan / kg, and the mainstream market quotation is around 90-95 yuan / kg. On October 18, XinHeCheng raised the price to 98 yuan / kg, and on November 5, Zhejiang Pharmaceutical raised the price to 108 yuan / kg. The price increased, the middlemen supported the price, and the downstream demand follow-up was OK.

Future forecast

Vitamin analysts of the chemical branch of business society believe that: Overall, the overall market of vitamins tends to be stable. In the future, pay close attention to the opening and parking status and delivery of enterprises.

According to the bulk data monitoring of business society, the price of acetic acid first rose and then fell in November. The quotation of acetic acid at the beginning of the month was 6730 yuan / ton, and the price of acetic acid at the end of the month was 6680 yuan / ton, a decrease of 0.74%. The price increased by 96.47% year-on-year, and the highest price in the month was 7230 yuan / ton, an increase of 7.43% compared with the beginning of the month.

As of November 30, the details of acetic acid market prices in various regions in China during the month are as follows:

region November 1st November 17th November 30th

South China 7000-7100 yuan / ton 7150-7250 yuan / ton 6600-6700 yuan / ton

North China 6700-6900 yuan / ton 7000-7100 yuan / ton 6500-6600 yuan / ton

Shandong region 6650-6750 yuan / ton 7000-7150 yuan / ton 6400-6550 yuan / ton

Jiangsu region 6700-6900 yuan / ton 7000-7200 yuan / ton 6500-6600 yuan / ton

Zhejiang region 6800-7000 yuan / ton 7200-7300 yuan / ton 6600-6700 yuan / ton

In November, the acetic acid market rose first and then fell. In the first ten days of market consolidation, the inventory of acetic acid enterprises in the field was digested smoothly, the intention to support the price was strong, the quotation rose continuously, the active purchase in the downstream increased, and the acetic acid manufacturers actively shipped to promote the upward movement of the market price. The domestic acetic acid plant operated normally in the last ten days. Although there were enterprise plant maintenance, there were many goods prepared in the early stage to maintain the sufficient supply of goods in the acetic acid market. The downstream demand entered the off-season, and the market purchase was just needed. The acetic acid manufacturers negotiated shipment, the transaction focus shifted downward, and the market price continued to decline.

The downstream ethyl acetate market fluctuated downward in November. As of November 30, the quotation was 9550 yuan / ton, a decrease of 1.04% over the price of 9650 yuan / ton at the beginning of the month. In November, the demand for ethyl acetate fluctuated little, the market remained rigid and stable, and the price rise and fall were mostly affected by the cost and supply side. During the month, the main manufacturers of ethyl acetate gradually increased from early maintenance to commencement. The enterprises adjusted the quotation according to their own shipment, and the ethyl acetate market gradually decreased.

The market outlook of acetic acid is expected. The acetic acid analysts of business society believe that the downstream demand continues to be weak, the domestic acetic acid market is in sufficient supply, and the situation of oversupply will remain in operation for a short time. It is expected that the market outlook of acetic acid will be weak, and the specific attention will be paid to the downstream transaction.

DOTP prices fell in November

According to the data monitoring of the business agency, the DOTP price fluctuated and fell in November, and the DOTP market fell. As of November 30, the price of DOTP was 11600 yuan / ton, down 11.95% from 13175 yuan / ton at the beginning of the month (November 1); In November, the DOTP price fluctuated and fell, and the DOTP market fell.

The price of isooctanol fell in November

According to the price monitoring of the business club, the price of isooctanol fell in November, and the activity of the isooctanol market was general. In the middle of the year, the downstream procurement was bargain hunting and replenishment, and the price of isooctanol recovered briefly. The overall price of isooctanol fluctuated and fell, the decline of isooctanol narrowed and slowed down, the cost of plasticizer DOTP decreased, and the downward pressure of DOTP increased.

PTA prices fluctuated and fell in November

According to the price monitoring of business agency, the decline of international crude oil price weakens the cost support of PTA, the performance of terminal demand orders is poor, PTA continues to gradually enter the inventory accumulation cycle, the demand follow-up is insufficient, and PTA price shocks are weak. The raw material market weakened and the cost of DOTP decreased, which was bad for the DOTP market.

PVC market stopped falling and wanted to rise in November

According to the price monitoring of the business community, the PVC market hit the bottom and rebounded in November. In November, the PVC market first fell broadly, and then maintained a volatile trend. The price rebounded in late October, but it was difficult to recover the early decline. The overall trend in the month showed a downward trend and the focus shifted downward. In the short term, when there is no obvious change in PVC fundamentals, the price continues to maintain a volatile trend. The PVC market fluctuated and stabilized, which was limited to the DOTP market.

Future expectations

Bai Jiaxin, DOTP data analyst at business agency, believes that affected by the weakening of crude oil and poor demand, PTA prices fluctuated and fell, isooctanol prices fell sharply, DOTP costs fell, and DOTP downward pressure increased; On the demand side, the PVC price fluctuated and stabilized, the PVC market was weak and temporarily stable, the demand for plasticizers was general, the upward momentum of DOTP weakened, and the downward pressure increased. Overall, the cost of plasticizer DOTP has decreased, the demand is general, the future rising power of plasticizer DOTP has weakened, the downward pressure has increased, and the price of DOTP is expected to be adjusted by weak shocks.

Price trend

According to the bulk list data of business society, the price of domestic vitamin C decreased slightly in November. The average price of vitamin C at the beginning of the month was 48.67 yuan / kg, and the average price at the end of the month was 48 yuan / kg, a monthly decrease of 1.38%.

According to the price monitoring of business club, the vitamin C market operated smoothly as a whole in November, mainly through negotiation of market transaction price. The downstream demand is general, and the maintenance enterprises resume production one after another. Affected by the double limit, the production and sales of vitamin C market are weak, and the price is weak and downward. In November, the market demand was still insufficient. Meanwhile, in October 2021, China’s export of vitamin C was 15700 tons, a year-on-year decrease of 5.13% and a month on month increase of 33.8%. The average unit price was US $4.43/kg, with a year-on-year increase of 18.1%. The export data continued to decrease, further bearish the vitamin C market.

In November, the price of vitamin A fell slightly, with an average price of 280 yuan / kg at the beginning of the month and 295 yuan / kg at the end of the month, a decrease of 1.12%. In November, the vitamin a market was strong, some high prices were corrected, the overall market was stable, the downstream just needed to purchase, and the demand was stable. According to the vitamin A export data in October, China’s vitamin A export volume in October 2021 was 504.84 tons, an increase of 106.3% year-on-year and 22.8% month on month. Export data rose sharply, boosting the market.

In November, the price of vitamin E was stable and small, with an average price of 90.33 yuan / kg at the beginning of the month and 90 yuan / kg at the end of the month, a decrease of 0.37%. At present, the ve market price is 90-95 yuan / kg, and the European market price has risen to 11-11.5 euros / kg. The market maintained a stable trend. In October 2021, China’s export volume of vitamin E was 7368.3 tons, with a year-on-year increase of 62% and a month on month increase of 16.3%. With the support of domestic and foreign demand, the price of vitamin E was strong, and the news of maintenance and price increase constantly came out, which benefited the vitamin E market.

Future forecast

The vitamin analyst of the chemical branch of business society believes that: on the whole, the vitamin market is currently in a stable state. In the future, if there is no sudden event, the price will run smoothly, and pay close attention to the manufacturer’s opening and parking and market news.