Upstream fluorite prices remained stable, while hydrofluoric acid prices rose slightly. Overall, the ex factory prices of aluminum fluoride enterprises remained stable. According to the data of business news agency, the domestic price of aluminum fluoride was 9166 yuan / ton on January 8, which was the same as that at the beginning of the week.

The price trend of fluorite in domestic market is stable for the time being. In the near future, some plants in the yard have been parked. The spot supply in the yard is tight, and the price of fluorite in the yard remains high. The operation of fluorite manufacturers in southern China is stable, the operation of mines and flotation units in the field is normal, the delivery of fluorite in the field is improved, and the price trend of fluorite market is temporarily stable. Recently, the market price of hydrofluoric acid in the downstream has risen slightly, and the terminal downstream is mainly purchased on demand, and the purchasing sentiment has risen compared with before.

At present, the overall operating rate of aluminum fluoride remains high, the market supply is sufficient, and the overall price of aluminum fluoride market is relatively stable. In addition, the price of upstream fluorite hydrofluoric acid remained stable, which failed to effectively boost the aluminum fluoride Market. The market price of aluminum fluoride was stable as a whole.

The aluminum fluoride industry analyst of business society chemical branch thinks: the price of upstream fluorite and hydrofluoric acid rises steadily, which has a limited role in boosting the aluminum fluoride Market. It is expected that the price of aluminum fluoride will keep stable in the short term.

This week, the domestic methanol market was mainly weak. According to the monitoring data of the business community, the average price of methanol producers in Shandong was 2282 yuan / ton at the beginning of the week, and 2270 yuan / ton at the end of the week. The price fell by 0.55% in the week, increased by 7.58% month on month, and increased by 3.42% year on year.

As of 1.8, methanol market price summary by Region:

Region, price

Qinghai Area/

Shanxi Province 2100-2130 yuan / ton cash out

Liaoning area: RMB 2220 / T

Fujian area: 2600-2650 yuan / ton

RMB 2450 / T in the two lakes area

Anhui: 2340-2380 yuan / ton

Henan Province: 2230-2250 yuan / ton

This week, the domestic methanol market showed a general performance, and the prices of the mainland and ports all declined. The overall situation of the mainland has declined due to the shrinking olefin procurement in Northwest China and the weak demand in Hebei and Shandong. The blockade of some road sections has affected the flow of goods in some areas of Inner Mongolia, Shaanxi and Shanxi, but the degree of impact is uncertain at present.

In terms of external market, as of January 7, the closing price of methanol in CFR China was US $304.50-305.50/t, and that in CFR Southeast Asia was US $369.50-370.50/t. US Gulf methanol closed at 113.75-114.25 cents per gallon, while FOB Rotterdam methanol closed at 343.50-344.50 euros per ton, down 3 euros per ton.

In the future, new units such as Yanchang Zhongmei Yulin and Shenhua Yulin are put into operation, the supply side is expected to increase, the downstream inventory is on the high side, and the overall demand is relatively limited. Business community methanol analysts expect that the domestic methanol market will be weak in the short term, mainly downward.

Maximum amplitude 34.29%

In 2020, the domestic ethanol market is mainly on the rise. According to the monitoring data of the business community (with 95% purity ethanol as the reference), the domestic ethanol market price at the beginning of the year is 5520 yuan / ton, and at the end of the year, the domestic ethanol market price is 7000 yuan / ton, with an annual price increase of 26.81%. The lowest annual price is 5212 yuan / ton on April 3, and the highest annual price is 7000 yuan / ton on December 31 The maximum amplitude is 34.29%. Under the influence of rising raw materials, increasing demand and low inventory, ethanol production in different regions rose in turn.

9 months up

The domestic ethanol market has been stable for a long time. In 2020, the price of ethanol will rise in nine months, with a maximum increase of 9.15%. During the Spring Festival in 2020, some production enterprises received production tasks and worked overtime to produce 75% medical alcohol, but most of them were mainly used in the surrounding areas of the province. During the Spring Festival, there was no inter provincial transportation, and 95% of the prices were monitored by the mainstream business community and collected passively. With the gradual control of the domestic epidemic, foreign demand rose sharply, domestic ethanol production enterprises accumulated abundant inventory, and the price fell slightly. However, most of the overseas export orders are produced according to the demand, and the prices are mainly discussed in detail, which is good for the domestic ethanol market. In the fourth quarter, the price of corn, the raw material for production, rose, once again driving the ethanol market up sharply.

The price breaks through eight year high

According to the annual comparison chart of ethanol prices of business associations, the highest price of domestic ethanol market will reach a new high in nearly eight years in 2020. The last time the price reached close to 7000 yuan / ton was back to the beginning of 2011.

2 billion gal

In late March, the Renewable Fuels Association of the United States said that US ethanol producers may reduce their annual production by 2 billion gallons as the new crown outbreak continues.

254200 tons

The demand for disinfection was boosted. From January to September 2020, China’s exports of unmodified ethanol totaled 254200 tons, the highest in at least a decade.

45%

From March 2, 2020, China will no longer impose the anti-dumping tariff of 301 measures against the United States on the imported goods that the relevant enterprises meet the conditions and purchase from the United States according to the principles of marketization and commercialization. The modified ethanol (tariff No.: 22072000) imported from the United States will be levied at 45% tariff. Judging from the situation from January to September in 2020, there is no direct import of ethanol from the United States for the time being, and it is rumored that it will arrive as soon as mid December.

Magnesium market trend in 2020

The price of pickling ingot is mainly in the range of 16000-15600 tons in December 2020, and the overall price of pickling ingot is not stable.

The specific price range of each region is as follows:

In fugu area, the ex factory spot exchange including tax is 15600-15900 yuan / ton; in Taiyuan area, it is 15800-16000 yuan / ton; in Wenxi area, it is 15900-16000 yuan / ton; in Ningxia area, it is 15700-15800 yuan / ton.

Magnesium ingot is original magnesium ingot according to national standard (GB / t3499-2011); non pickling, no wooden pallet and non payment acceptance price, mainly based on single negotiation.

This round of rising market is based on two logical lines.

In the early stage of the rebound, the external single centralized mining, the increase of inquiry volume, combined with the price differentiation of magnesium and aluminum, the market bottomed out and the rebound expectation was strengthened; in addition, the raw material price rose, and the cost side bonus, the industry saved itself, and the willingness of mainstream manufacturers to raise prices increased significantly.

At present, due to weather factors, the transportation sector is affected, the market trading volume is average, some traders close down in advance, and the price is mainly weak and stable.

Future forecast

Near the end of the month, some magnesium ingot manufacturers’ demand for return funds is on the rise. In addition, the early hoarders have higher willingness to ship at the current price, and the long short game is intensified. It is expected that the probability of stable operation will increase in the near future, and the oscillation range is 15500-15800 yuan / ton.

According to the data monitored by the business community, the PC market as a whole will continue to rise in 2020. In the first half of 2020, as raw materials for helmets and masks, the price of PC has gone up by leaps and bounds. In June, the one-day increase exceeded 500 yuan, and the focus of negotiation has been rising. PC enterprises have ushered in a small peak, In the second half of 2020, the PC market has been steadily rising, with big stability and small movement. The demand is purchased on demand, and the focus of negotiation is stable. In December, the PC market is weak and the price has declined. However, due to the excessive increase in the early stage, the price increase from February 2020 to December 2020 is still as high as 43.36%, and from the beginning of the year to the end of the year, the price increase is nearly 6000 yuan / ton.

Helmets become a new favorite in the first half of 2020

In the first half of 2020, according to the Ministry of public security, the “one helmet one belt” security guard operation will be carried out nationwide from June 1, 2020. The traffic control department of public security will strengthen the law enforcement and management, and check and correct the behaviors of motorcycle and electric bicycle riders not wearing safety helmets and car drivers not using safety belts according to law, The market of riding safety helmets will usher in growth. As the raw material for the production of helmet front baffle, the price of PC will rise by 200-600 yuan / ton. Some traders are reluctant to sell. The PC market will undoubtedly usher in a small peak of development. In a 500g helmet, the consumption of PC is between 100-150g. According to the demand of 100 million helmets, the total consumption of PC will reach 15000 In 2020, the domestic PC production is expected to exceed 1.5 million tons, far exceeding the PC demand driven by helmet baffle.

From January to April in 2020, the domestic PC market is mainly stable, with little price change, normal shipment of manufacturers, normal operation of devices, stable negotiation atmosphere, just need to purchase and contract customers.

In May and June of 2020, the PC market has a strong rising trend, with high price, low price and limited trading volume. At present, the PC market has a smooth delivery without obvious pressure, and the supply side is sufficient. Recently, the products of the industrial chain are showing an upward trend. Driven by the cost side, the PC market price will further rise, showing an upward trend as a whole.

The PC market will rise steadily in the second half of 2020

In July 2020, the domestic PC market is weak and stable, with limited negotiation space and insufficient follow-up of downstream demand. There is a strong wait-and-see atmosphere for businesses. The market is stable, with BPA as raw material rebounding sharply. The cost side may form a certain support for the PC market, the focus of transaction will rise, the demand for raw materials will increase, and traders will be reluctant to sell. The situation will be weak and stable in July.

In August 2020, the domestic PC market is stable, with cautious trading, on-demand procurement, high operation of upstream raw materials, certain cost support, general transaction atmosphere and stable overall market.

In September 2020, the domestic PC market is running at a high level, and the market is bullish. The business quotation is firm, and the price rises sharply. Compared with the same period of last month, the price rises by 6.92%, showing a broad upward trend. The major enterprises are bullish and reluctant to sell.

In October 2020, the domestic PC market will operate stably, with normal manufacturers’ shipment and normal device operation, stable negotiation atmosphere, active merchants’ shipment, smooth logistics and no pressure on inventory. Most of them are small orders and just need to purchase. The overall PC atmosphere is good, which will remain stable in the short term and digest the previous increase.

In November, the domestic PC market price continued to rise, the goods tight state was obvious, the transaction atmosphere was cautious, the price continued to rise, the PC raw material price went up, the cost support was strong, the traders had a good mentality, the shipment was smooth, the PC Inventory was low, and the price was likely to continue to rise

In December, the domestic PC operating rate has declined, and the equipment maintenance of some enterprises has shown a weak downward trend in December. Due to the excessive increase in the early stage and the suppression of downstream procurement demand, the current trading atmosphere is still flat, and the willingness to prepare goods near the Spring Festival is not obvious, and the trading atmosphere is in a downturn.

PC analysts of business news agency believe that: near the 2021 Spring Festival, PC traders are not willing to prepare goods, and the current market situation is weak and the atmosphere is confused.

1、 Price trend

At the beginning of 2020, the price of steam coal maintained stable operation, and then the price was in a weak downward state from the beginning of February to the end of April. From the middle of May, the price began to rebound to the first ten days of July, and the price fluctuated. From the middle of July to the end of August, the price fell again, and from the beginning of September, the price of steam coal began to soar. According to the data of business news agency, the average market price of steam coal in early 2020 was 560.25 yuan / ton, and as of December 28, the average market price of steam coal was about 783.75 yuan / ton, with an overall price increase of 39.89%. Careful observation is not difficult to find that the overall trend presents a slightly oblique “W” trend.

According to another monitoring data of the business community, as of November 2020, the price is in an upward trend in seven months and a downward trend in four months, with more room for rise than for fall.

2、 Factor analysis

First quarter: in January, the price of steam coal was around 562 yuan / ton, and the price was mainly stable. Due to the small number of coal pallets and the Spring Festival effect, the market negotiation atmosphere is flat and the market continues to be weak. Due to the Spring Festival, the downstream demand is mainly to digest inventory. According to the business news agency, as of January 19, 2020, the six major coastal power plants have an inventory of 14.8965 million tons, a daily consumption of 62.65 million tons, and 23.78 days of usable days. It is more difficult for coal mine workers to return to work in February than before. The shortage of coal supply in producing areas led to a small rise in the price of steam coal. In March, with the resumption of coal enterprises and the gradual lifting of road transport restrictions, the overall supply tension has been significantly eased. As of March 4, Shanxi coal province announced that 569 coal mines will resume production, with a production capacity of 927 million tons per year, with a recovery rate of 92.97%. There are more than 60 coal mines in Yulin area of Shaanxi Province. There are 166 coal mines in Ordos area, with a total capacity of 558 million tons. After one month’s resumption of production, the shortage of coal supply has been significantly alleviated. The resumption of production and supply of coal mines in Shaanxi and Inner Mongolia continue to improve, but the downstream terminal coal consumption is mainly rigid demand, and the resumption of work of downstream enterprises is slower than the release of upstream production capacity. At present, most of the coal mines are generally sold, and the price of coal from the origin is falling.

In the second quarter, in early April, according to the monitoring of the business community, the price of steam coal was around 487.25 yuan / ton, and the price of steam coal continued to decline recently. In terms of origin, the demand is general. In order to prevent the overstock of coal mine inventory, some coal mines set production by sales. The output decreased slightly, and the coal price decreased by 10-20 yuan. There are few coal pallets, so the atmosphere of market negotiation is flat, and the market continues to be weak. Steam coal prices were strong in mid and early May. Overall, under the background of production reduction in the production area, overhaul of Daqin line, sharp decline in port inventory, and increasingly stringent import restrictions, daily coal consumption of coastal power plants soared. As of May 22, Qinhuangdao Port inventory was 3.89 million tons, down 475000 tons on a week-on-week basis; as of May 22, in addition, import restrictions became more stringent. From January to April, the coal import volume is close to 130 million tons. If calculated according to the rumored import quota of 250 million tons in the market at the beginning of the year, the remaining import quota is less than 50%, the import quota of some ports has been exhausted, and the import restrictions are becoming stricter. The price of steam coal ushered in a turning point since June 9. On June 17, the average port price of steam coal remained at 570 yuan / ton, up 2.75% from 554.75 yuan / ton on June 1. After a round of decline in March and April due to the “public health incident”, the price of steam coal rose in May. After May Day, the highway charges were resumed, the downstream users of coal purchased more on demand, and the delivery in the pit market was poor, so the price was under pressure. The market demand of downstream power plants rebounded slightly, driving the price of steam coal up slightly.

In the third quarter, the price of steam coal fell in July, the precipitation in southern China increased sharply, and the hydropower generation was seriously affected. The purchase of coal from downstream power plants fell slightly, and the demand dropped slightly. At the same time, under rainy weather, the temperature was low, the residents’ demand for electricity could not be fully released, and the daily consumption increased in general. In August, the price of steam coal was temporarily stable. Now, the supply of production area is relatively tight, and the daily consumption of downstream power plants is increasing due to weather. However, the demand of power plants for steam coal is mainly based on the demand of Changxie coal price inventory. Datong Qinhuangdao line resumed traffic, the shipment volume decreased compared with the previous tourism, the inventory of Beigang remained at medium high level, the seller’s willingness to support the price remained, the terminal demand was general, and the transaction situation was general. Most coal mining and chemical industry in Shaanxi had a slight rise in price, while the price of coal mining and chemical industry was stable in September. Compared with Shaanxi, the number of coal price adjustment is relatively small. The price of a small number of coal mines has increased by about 5-10 yuan, while the price of other coal mines is temporarily stable. With the approaching of the holiday, the inspection of the main coal producing areas has been upgraded, coupled with the restriction of coal management ticket, the coal supply tends to be tight.

In the fourth quarter, the overall price of steam coal went up. The supply and demand of the main producing areas are still tight, and the coal pit operation rate has reached a relatively high point under the support of supply policy. Affected by recent safety accidents, environmental protection and other multiple factors, the safety production signal was enhanced at the end of the year, and the amount of coal mining was affected to a certain extent. Shandong, Shanxi, Hebei, Henan and other places have issued environmental protection production limit notices, resulting in a sharp drop in supply. At present, the mainstream open storage price of 5500 kcal steam coal in the port is about 690-710 yuan / ton. The temperature in coastal areas dropped, and the demand for heating for civilian use rose seasonally. With the decrease of temperature and the rise of daily consumption, the demand of downstream terminal transportation is also strong. The coastal power plant purchase terminal demand has been released. The inventory of Beigang is low and the shortage of goods still exists. In view of the soaring spot price and the enhancement of macro-control expectation, the coastal power plants are mainly on the lookout, and the procurement is relatively rational. In addition, the rapid economic recovery has increased the coal demand of coal consuming enterprises. In the past two months, the purchasing of building materials, chemical industry, cement and other industries has continued, driving the demand for coal to increase greatly.

In addition, from the comparison above, it can be seen that the price of steam coal has risen to the highest level in three years from 2018 to 2020.

Business analysts believe that: at this stage, the main coal producing areas are still relatively tight. Towards the end of the year, the environmental protection policy is more stringent. Some coal dealers reflect that there will still be the phenomenon of cars and other coal. Second, in terms of downstream power plants, this winter, affected by the extremely cold weather of “La Nina”, the temperature in North and Northeast China dropped rapidly, driving the increase of coal demand. Moreover, the inflow and outflow of the Three Gorges Reservoir remain at a low level, the hydropower output weakens, and the thermal power generation continues to rise. Third, the amount of imported coal decreased. In November this year, China imported 11.671 million tons of coal, a decrease of 9.11 million tons or 43.84% compared with 20.781 million tons in the same period last year. Due to the stop of loading and unloading of Australian coal, the quota of imported coal for some users is close to zero, and due to “public incidents”, the management of ports has been strengthened. 4. Affected by the domestic economic recovery, the purchasing of building materials, chemical industry, cement and other industries has continued, driving the demand for coal to increase greatly. Fifth, under the influence of domestic policies, in order to support the domestic economy, the state has been more strict in the control of imported coal. On the whole, the price of steam coal still has a strong upward momentum in the short term. Specifically, the demand of downstream market.

According to the monitoring data of the business news agency, the external price of ethylene has risen recently. On December 21, the price was US $999.50/ton, and on December 25, the average price of ethylene was US $1020.50/ton, up 2.10%. The current price has risen 20.95% month on month, and the current price has risen 33.44% year on year.

In the near future, the overall external ethylene market is on the rise. Asian ethylene market prices rose slightly. As of the 24th, CFR Northeast Asia closed at US $990-1000 / ton, CFR Southeast Asia closed at US $925-935 / ton. The price of ethylene market in Europe increased greatly. As of the 24th, FD in northwest Europe closed at US $1058-1073 / T, CIF in northwest Europe closed at US $1076-1088 / T. The price of ethylene in the U.S. rose to $721-733 per ton as of the 24th. Recently, the market of ethylene in Europe, America and Asia has shown a rising trend. Generally speaking, the demand of the whole ethylene market is good, the market trading atmosphere is positive, and the market has been rising all the way.

International: on December 24, the price of WTI crude oil futures market in the United States rose slightly, with the settlement price of the main contract at US $48.23/barrel, up US $0.11. Brent crude oil futures market prices rose, the settlement price of the main contract at 51.34 U.S. dollars / barrel, or 0.10 U.S. dollars. Oil prices rose slightly on Thursday, mainly due to the news that the UK and the EU have signed a post brexit trade agreement.

Recently, the market price of styrene has been falling continuously. Pure benzene prices fell, styrene cost support weak. Downstream production and sales decline, demand weakens, styrene spot shipment is difficult, and the downstream ABS price falls sharply. At present, the positive support of styrene is insufficient, and the night price of styrene futures also continues to decline. Recently, the spot price of styrene in East China is around 6600-6750 yuan / ton.

Next, the price of crude oil will rise with the support of OPEC international news agency’s data, so it is expected that the price of crude oil will rebound with the support of OPEC international news agency’s data.

Price trend

According to the business agency data monitoring, the o-benzene quotation of Sinopec dropped by 500 yuan / ton, and the domestic o-benzene market fell. As of December 22, Sinopec offered 5000.00 yuan / ton of o-xylene, down 9.09% from 5500 yuan / T at the end of last week (December 20).

Upstream market of o-benzene

It can be seen from the mixed xylene price trend chart that the mixed xylene price is stable this week, the cost of o-benzene is stable, the price of mixed xylene is stable, and the upward momentum of o-benzene is weakened.

Trend of downstream products

It can be seen from the phthalic anhydride price trend chart that the price of phthalic anhydride fell sharply in December. This week, the price of phthalic anhydride continued its downward trend in December. In December, phthalic anhydride dropped by 19%, and the market of phthalic anhydride fell sharply. The demand for phthalic anhydride was weak, and the market for o-benzene was weakened, and the negative effect was increased.

Future forecast

According to Bai Jiaxin, an o-xylene data analyst at the business club, this week, the price of mixed xylene of o-benzene raw materials tends to be stable, the cost of o-benzene is stable, and the driving force for the rise of o-benzene is insufficient; in December, the price of phthalic anhydride plummeted, which is negative for the market of o-benzene, and the demand for o-benzene drops sharply. In the future, the mixed xylene market tends to be stable, and the driving force for the rise of o-benzene is insufficient. The sharp drop of phthalic anhydride market drag down the price of o-benzene. However, with the stabilization of phthalic anhydride market, the demand of o-benzene is stabilized, and the pressure of o-benzene decline is weakened. It is expected that the future market of o-benzene will be weak and stable.

Price trend

According to the business agency data monitoring, plasticizer DOP prices rose sharply this week. As of December 21, the average price of DOP was 10533.33 yuan / ton, which was significantly higher than that at the beginning of the week, with an increase of 8.97%.

Upstream market of industrial chain

As can be seen from the octanol price trend chart, octanol prices rose sharply this week, up 16.10%. Affected by the shutdown of n-butanol unit emergency maintenance, the price of n-butanol rose sharply, which led to the sharp rise of octanol price, the rise of DOP cost and the increase of DOP motivation.

Downstream market of industrial chain

From the PVC price trend chart can be seen, PVC prices this week a small shock drop. PVC market shock down, DOP demand fell, DOP support weakened, plasticizer DOP market negative.

Market review and future expectation

Business agency DOP data analyst Bai Jiaxin believes that octanol prices soared this week, driving DOP prices up. Supported by DOTP consumption, octyl alcohol is in short supply in the near future. The rising price of octanol in the future market is well supported, and the cost of DOP raw materials is rising. However, in terms of demand, DOP price is high, and downstream customers are more resistant, and PVC market is weak, and DOP demand is insufficient. In the future, the expected increase of octanol price supports DOP’s rise, but the insufficient demand leads to the lack of motivation for DOP’s rise, which is not enough to support the continuous rise of DOP. It is expected that DOP market will maintain strong stability after rising.

According to the monitoring of business agency, the price trend of domestic anhydrous hydrofluoric acid rose sharply this week. As of the end of the week, the market price of hydrofluoric acid was 9190 yuan / ton, 5.03% higher than that at the beginning of the week, and 10.25% lower than that at the beginning of the week.

In recent years, the domestic hydrofluoric acid price trend has continued to rise. Up to now, the mainstream price of domestic hydrofluoric acid in various regions is 9000-9500 yuan / ton. The domestic hydrofluoric acid trading market is mainly higher. Recently, the domestic hydrofluoric acid spot supply is slightly tight, and the floor price continues to rise.

First of all, the market price of hydrofluoric acid raw material fluorite rose. As of the end of the week, the domestic fluorite price was 2702.22 yuan / ton, up 1.67% this week. Recently, the domestic spot supply of fluorite was tight. As the temperature dropped, some manufacturers in the North stopped their equipment, and the on-site supply decreased, and the domestic fluorite price rose. As of the end of the weekend, the mainstream of domestic fluorite negotiations was 2600-2800 yuan / ton. The rising price of fluorite was the cost support of hydrofluoric acid market, and the price of domestic hydrofluoric acid market rose under the influence of favorable support.

The market of domestic refrigerants rose slightly this week. In recent years, the sales market of the automobile industry was general, and the market of refrigerants was improved. The trend of the refrigerant industry was rising, and the market of various types of refrigerants rose slightly. However, the manufacturers were under pressure to ship, and the sales pressure was large. The growth of raw material hydrofluoric acid was limited, and the support force was general. The export volume of refrigerants changed little The output of air conditioner is low, the demand is scarce, the off-season effect of after-sales market continues, and the price of refrigerants increases little. On the whole, the refrigerant market is generally supported by favorable factors, the price continues to be low or will become normal, and the transaction center of gravity remains low. At present, the load of refrigerant R22 manufacturers is not high, the inventory is in a reasonable range, and the market price remains at a low level. However, the downstream receiving capacity is limited, and there is a lot of wait-and-see mood. The actual delivery of goods is not smooth. The actual transaction center of gravity is slightly increased, and some businesses still have the phenomenon of cost inversion. The mainstream of on-site negotiation is 13500-15500 yuan / ton. The domestic R134a market trend rose slightly, but the auto market industry continued to be depressed and the transaction atmosphere was light. There is sufficient supply of goods in the market, and there are new production capacity entering the market in the future market. The competition is fierce, and the supply side gradually forms a negative effect, and the price rises slightly. However, the downstream demand does not significantly improve, and the price trend of hydrofluoric acid market rises.

Third, the domestic spot supply of hydrofluoric acid is slightly tight, and the hydrofluoric acid market price has risen slightly due to the partial maintenance of hydrofluoric acid devices in the field. So far, the mainstream hydrofluoric acid negotiation in the southern region is 8800-9300 yuan / ton, while the price of hydrofluoric acid in the northern market is 9000-9500 yuan / ton. In recent years, the domestic hydrofluoric acid market price trend is mainly rising, manufacturers reflect that the recent bullish sentiment is strong, and the later hydrofluoric acid market price has a greater driving force.

On the whole, due to the rising price of raw material fluorite, the prices of downstream refrigerants have risen slightly. In addition, due to the recent overhaul of some domestic hydrofluoric acid units, the spot supply on the spot is slightly tight. Chen Ling, an analyst of hydrofluoric acid in the business agency, believes that the market price of hydrofluoric acid may continue to rise.

Recently, the domestic cyclohexanone market is mainly waiting and finishing. According to the monitoring data of business agency, as of December 15, the average price of cyclohexanone in the domestic market was 6783 yuan / ton, with a month on month increase of 8.97% and a year-on-year decrease of 6.65%.

The raw material of pure benzene is weak, the cost support is general, and the offer of cyclohexanone is stable, but the market shipment is blocked, and the transaction atmosphere is general. The East China market offers 7450-7550 yuan / T in cash, and the specific actual order is discussed. In terms of downstream demand, caprolactam spot supply is tight, and it is purchased on demand.

Price summary of cyclohexanone by Region:

Region, price

7400-7500 yuan / ton in East China

In South China, 7450-7550 yuan / ton is delivered in cash

7200-7300 yuan / ton in Shandong, cash delivery

The cost side support is weak, and the cyclohexanone factory shipment is hindered. However, the spot supply of caprolactam is tight, or there is some support for cyclohexanone. The cyclohexanone analysts of the business community expect that the market of cyclohexanone will be stabilized in the short term.

Price trend

According to the data from the orthobenzene society, the price of benzene did not rise rapidly in early December. As of December 14, the contract price of o-xylene executed by Sinopec in East China was 5500.00 yuan / ton, while that of Sinopec in North China was 5650 yuan / ton. The average price of o-xylene was 5560 yuan / ton, up 1.09% compared with 5500 yuan / ton at the beginning of the month (December 1); the price of o-xylene decreased by 1.07% compared with the highest point (December 2) of 5620.00 yuan / ton.

Upstream market of o-benzene

It can be seen from the price trend chart of mixed xylene that the price of mixed xylene rose sharply in December and then stabilized, with an overall increase of 9.15% in December, and the cost of o-benzene rose. However, with the price of mixed xylene stabilizing, the driving force of o-xylene’s rise was weakened.

Trend of downstream products

It can be seen from the phthalic anhydride price trend chart that phthalic anhydride failed to continue the upward trend in November in December, and the price of phthalic anhydride fell in December with a drop of 11.54%. In general, the passion of phthalic anhydride market in December was no longer enthusiastic, the downstream demand of o-benzene weakened, the market of o-benzene weakened, and the negative effects increased.

Future forecast

According to Bai Jiaxin, an o-xylene data analyst from business agency, in December, the mixed xylene price of o-benzene raw material became stable, and the cost of o-benzene in the future market became stable, and the driving force of o-benzene’s rise weakened; in December, the price of phthalic anhydride fell, the passion of o-benzene Market ceased, the demand for o-benzene decreased, the good and bad of o-benzene weakened. Generally speaking, in December, the passion of o-benzene industrial chain was no longer enthusiastic, mixed xylene prices tended to stabilize, phthalic anhydride prices fell, o-benzene rising momentum weakened, downward pressure increased, it is expected that the future market of o-benzene prices will stabilize and the downward pressure will increase.

1、 Price trend

According to the monitoring of bulk data of business agency, the mainstream price of styrene in China fell sharply this week. On Monday (December 7), the price of sample enterprises of business agency was 8066.67 yuan / ton, while on Friday (December 11), the price of sample enterprises was 7550.00 yuan / ton, a decrease of 6.40%. The price was 0.44% higher than the same period last year.

2、 Market analysis

The market price of styrene continued to fall this week. East China styrene closed at 7900-8100 yuan / ton on December 07, and 7550 yuan / ton on December 11, down 400 yuan / ton. The above is Zhangjiagang’s export price. South China styrene closed at 8400-8500 yuan / ton on December 07, and 8100 yuan / ton on December 11, down 300 yuan / ton, which was the delivery price of the above factories.

In terms of raw materials, the international oil price shows a dynamic trend of narrow wave recently. Pure benzene rose and then fell back, ethylene slowly fell and then rebounded. In general, the price of ethylene and pure benzene is weak, and the cost support of styrene is insufficient. As of Friday (December 11), the mainstream ethylene price was 954.25 yuan / ton, up 11.75 yuan / ton or 1.25% from 942.50 yuan / ton on Monday (December 07). Ethylene downstream styrene, ethylene oxide, ethylene glycol, etc. due to cost and shipping pressure, the operating rate decreased, and the demand for raw materials procurement decreased. At the same time, the recent import of ethylene ships to the port, the supply increased significantly. The supply and demand side lacks the support of favorable factors, and the market quotation falls.

As for pure benzene, the mainstream quotation as of Friday (December 11) was 4556.00 yuan / ton, up 20 yuan / ton or 0.44% from 4536.00 yuan / ton on Monday (December 07). At the beginning of the week, the price of pure benzene in East China was driven up by the continuous rise of styrene in the external market. At the end of the week, with the weakening of crude oil and styrene, the price of pure benzene continued to fall. Some low-cost goods sources in the early stage began to profit taking, and the market selling increased, resulting in lower prices.

In terms of inventory, total inventory in East China this week was 69600 tons, down 2.66% from 71500 tons last week. There is less styrene in Hong Kong this week, and the rate of wharf going to storage has been greatly reduced. Arrival less than delivery, overall, port inventory decline. In terms of domestic styrene, the domestic styrene operating rate decreased slightly this week, with the average operating rate of 80.98% last week and 78.2% of this week, with a decrease of 2.78%. Under the pressure of cost and shipment, the total operating rate of domestic styrene production enterprises decreased. On the whole, enterprise inventory and social inventory are still in the middle and low level, and continue to be less in a short time.

On the downstream side, the overall downstream price of styrene fell this week. Although the production and sales remained profitable, some downstream profits shrank, and the traditional off-season terminal demand shrank, and some downstream accumulated stocks. In the PS market, as of Friday (December 11), the mainstream ex factory price of PS in East China was 10133.33 yuan / ton, down 400 yuan / ton or 3.80% from 10533.33 yuan / ton on Monday (December 07). The average operating rate of domestic PS this week was 65.85%, slightly lower than that of 67.15% last week. Affected by the continuous weakening of styrene price, the bearish mentality of PS market appears, the atmosphere of market price reduction and shipment is strong, and the actual transaction is weak.

In the EPS market, as of Friday (December 11), the mainstream ex factory price of EPS in East China was 9700.00 yuan / ton, down 300 yuan / ton or 3.00% compared with 10000.00 yuan on Monday (December 07). The continuous fall of styrene price led to the downward trend of EPS market price, and the overall trading performance of the market was poor.

In the ABS market, as of Friday (December 11), the mainstream ex factory quotation of ABS in Zhejiang was 16900.00 yuan / ton, down 1450 yuan / ton or 7.90% from 18350.00 yuan / ton on Monday (December 07). This week, the price of ABS fell sharply due to the fall of styrene price and the decrease of terminal demand. ABS supply is good this week, no maintenance manufacturers, basically maintain full load operation, operating rate is the same as last week.

3、 Future prospects

The crude oil fluctuates in a narrow range, the prices of ethylene and pure benzene at the raw material end are weak, and the cost support of styrene is insufficient. The situation of styrene supply side is generally acceptable, but the downstream demand is weak, and the mainstream downstream is mainly supported by rigid demand, with insufficient gas purchase. It is expected that styrene will be dominated by weak finishing next week, with the price range of 7400-7800 yuan / ton.

1、 Price trend chart of nitric acid Market

Nitric acid price curve

According to the monitoring of the business agency, the average price of nitric acid in East China at the beginning of this week was 1800 yuan / ton, while that at the end of this week was 1900 yuan / ton, up 5.56%.

2、 Market analysis

Anhui Jinhe quoted 2100-2200 yuan / T, which was flat compared with last week; Shandong helitai Chemical Co., Ltd. quoted 2200 yuan / T, 300 yuan / T higher than last week; Huainan Aodeli chemical products Sales Co., Ltd. quoted 2180 yuan / ton of concentrated nitric acid, which was flat compared with last week; Wenshui Synthetic Chemical Co., Ltd. quoted 1950 yuan / T of concentrated nitric acid and 810 yuan / T of dilute nitric acid, The price of concentrated nitric acid was the same as last week. The delivery of nitric acid Market slowed down compared with the previous period, and most manufacturers’ quotations remained stable.

According to the monitoring of the business agency, the domestic liquid ammonia market remained stable this week for the upstream liquid ammonia; 1.52% for aniline in the downstream; and 1.77% for the downstream TDI.

3、 Future forecast

Nitric acid Market Trading slows down, nitric acid analysts in the business community predict that the price of nitric acid will be mainly stable.

According to the data monitored by the business agency, the domestic industrial grade first-class potassium nitrate was quoted at 4125.00 yuan / ton this week and 4150.00 yuan / ton this week, up 0.61%. The current price is up 1.22% month on month, and the current price is down 4.60% year on year.

This week, the domestic market of potassium nitrate is rising, the supply is tight, and the quantity of goods delivered from different regions is not large. The operating rate of downstream compound fertilizer plants is relatively high, but the willingness to purchase is not big, and the price of potassium nitrate is slightly higher. According to the statistics of the business agency, this week’s domestic mainstream manufacturers of potassium nitrate offer 3900-4400 yuan / ton (the quotation is for reference only), and the quotations are different according to different purchasing conditions.

On December 4, the potassium chloride equipment of Qinghai Salt Lake Potash Fertilizer Co., Ltd. operated normally. The ex factory quotation is 2020 yuan / ton, and the quotation is up by 70 yuan / ton. The actual transaction price is mainly negotiated. Anhui Badou Chemical Co., Ltd. offered 2300 yuan / T potassium chloride, which was stable temporarily. The actual transaction price was mainly negotiated. Potassium chloride market continued to rise, can give potassium nitrate a certain cost support.

In the near future, the domestic price of potassium chloride is on the upward trend, which supports the cost of potassium nitrate. It is expected that the market of potassium nitrate will rise slightly in the short term, but the long-term market still needs to wait and see. (the above prices are provided by major potassium nitrate manufacturers all over the country and analyzed by potassium carbonate analysts of business club for reference only. Please contact relevant manufacturers for more price details.).

According to the data from the large list of business associations, in November, the domestic adipic acid market continued its upward trend in October. According to the data monitored by the business agency, adipic acid in East China increased by 18% in the whole month, mainly due to the driving of upstream costs, the new record of pure benzene price, and the recovery of downstream PA66 market. According to the monitoring of business agency, the current market quotation range of adipic acid is 8000-8500 yuan / ton.

From the perspective of market supply, the operating rate of adipic acid manufacturers remained stable in November, about 80% or more. The market supply of adipic acid was relatively sufficient, and the manufacturers’ inventory pressure was large. Dealers usually take the goods normally, the manufacturer’s inventory pressure is not big, and the inventory is gradually transferred to the distribution link. Therefore, the dealers are forced by the inventory pressure in the late November, and the quotation is slightly loose.

Market trend of pure benzene

In terms of cost, the upstream crude oil price maintained an upward pattern. The WTI price rose to around us $45, which supported the downstream petrochemical industry’s price to stabilize and rise. In particular, pure benzene continued to rise sharply in November. According to the business agency’s monitoring, the price of pure benzene rose by 16% in November (as shown in the figure above). The pressure of cost forced the price of adipic acid to rise. The price of pure benzene was adjusted back at the end of the month or the later price of adipic acid There will also be callback pressure.

PA66 market trend chart

In terms of downstream demand, the terminal performance is rigid and stable. In the late stage of the epidemic, although the chemical industry rebounded steadily, the operating rate of downstream factories increased slightly. In addition, the rigid consumption of downstream polyurethane was stable, and the market of PA66 also rose sharply. Up to now, the price of PA66 has increased by 31% in November, as shown in the figure above. However, the price rise of PA66 slows down at the end of the month, and it is expected that the upward space will be limited in the later period.

In the later stage, it seems that adipic acid has been soaring for two consecutive months, mainly driven by the upstream and downstream. The market is mainly stabilized at the end of the month, mainly because the market mainly returns to the fundamentals. However, as winter approaches, the downstream operating rate may decline, and the cost of pure benzene also shows signs of decline. The downstream gradually enters the off-season, and it is expected that adipic acid will stabilize in the near future Exclude the possibility of falling back.

Trade name: fuel oil 180CST

The latest price is RMB 3711-30-2020

Analysis points: on November 30, the price of fuel oil was 3737.50 yuan / ton, and the market was stable. According to the recent crude oil price, oil cost is supported by $53.45/barrel. On the other hand, in the short term, the terminal demand is still low, and the supply ship market has great resistance. It is understood that as of November 25, Singapore’s residual fuel oil inventory, including fuel oil and low sulfur waxy residual oil, increased by 2036000 barrels to 24.038 million barrels, light distillate stocks including naphtha, gasoline and reformate oil increased by 112000 barrels to 12.546 million barrels, and medium distillate stocks decreased by 703000 barrels to 15.39 million barrels.

Aftermarket forecast: the fuel market is expected to remain stable in the short term.

According to the monitoring of the business agency, the price of domestic anhydrous hydrofluoric acid dropped slightly in November. As of the end of the month, the market price of hydrofluoric acid was 8360 yuan / ton, down 0.48% compared with 8400 yuan / ton at the beginning of the month, and 13.81% lower than that at the beginning of the month.

In August, the domestic hydrofluoric acid price trend continued to decline slightly. Up to now, the mainstream price of hydrofluoric acid in various regions of China is 7600-8400 yuan / ton. The domestic hydrofluoric acid demand is general, and the hydrofluoric acid market price is mainly stable. The domestic hydrofluoric acid spot supply is normal, the hydrofluoric acid on-site device operates stably, the manufacturers report that the recent delivery situation is not good, and the price in the field is slightly lower. So far, the mainstream hydrofluoric acid negotiation in the southern region is 7600-8200 yuan / ton, and the hydrofluoric acid price in the northern market is 7600-8500 yuan / ton. In recent years, the domestic hydrofluoric acid market price trend is mainly volatile, some manufacturers reflect that hydrofluoric acid exists in the cracks, and some manufacturers report that the recent domestic hydrofluoric acid transaction situation is poor, and the hydrofluoric acid trading market is weak.

The market price of hydrofluoric acid raw material fluorite decreased slightly in November. As of the end of the month, the domestic fluorite price was 2616.67 yuan / ton, and the price dropped slightly by 0.21% in November. The domestic spot supply of fluorite was normal, the downstream market was not improved, and the trend of fluorite price declined slightly. As of the end of the month, the mainstream of domestic fluorite negotiation was 2400-2600 yuan / ton. The fluctuation of fluorite price was a negative factor in hydrofluoric acid market, and the domestic hydrofluoric acid market price decreased slightly.

In November, the market trend of domestic refrigerants dropped slightly, the demand of domestic refrigerant industry did not significantly improve, the start-up of refrigerant industry remained low, and the market price of hydrofluoric acid decreased slightly. The foreign economic development is general, but the refrigerant terminal export has not changed much. However, the domestic air conditioning industry starts at a low level, and the after-sales demand for maintenance is weak. On the whole, the foreign demand has not improved significantly. At present, the load of refrigerant R22 manufacturers is not high, the inventory is in a reasonable range, and the market price drops slightly. However, the downstream receiving capacity is limited, and there is a lot of wait-and-see mood. The actual transaction center of gravity is shifted downward. Some traders are looking for positive shipment, and the quotation is slightly lower than the manufacturer’s ex factory price. There is a phenomenon of cost inversion. The mainstream of on-site negotiation is 12500-14500 yuan / ton. The trend of domestic R134a market has fallen down, but the automobile market industry has been in a downturn, the demand is weak, the market trading center is low, and the transaction atmosphere is light. With sufficient supply of goods in the market and the impact of new production capacity entering the market, the competition is fierce, the supply side gradually forms a negative situation, the price fluctuates at a low level, the downstream demand is not improved, and the market price of hydrofluoric acid falls slightly.

On the whole, hydrofluoric acid market is mainly volatile, but the upstream raw material fluorite market has not changed much, and the demand of downstream refrigerant industry has not improved significantly. Chen Ling, an analyst of hydrofluoric acid from business club, believes that the market price of hydrofluoric acid may remain low.

In November, the international oil price continued to push up, and it has been rising for four consecutive weeks. According to the monitoring of the business agency, as of November 24, the growth rate of American oil was 24.16%, and that of Brent crude oil was 24.88%. At present, the oil price has reached the highest point in recent eight months.

On the one hand, the good news of the new crown vaccine has boosted the demand expectation; on the other hand, according to the news released from the market, OPEC + is expected to further maintain the current super scale production reduction, which is good for the supply expectation.

On November 24, the U.S. WTI crude oil futures market prices rose sharply, with the settlement price of main contracts at $44.91/barrel, up $1.85 or 4.29%. Crude oil futures prices, or Brent, rose sharply at US $72.1/barrel. WTI rose by more than 4%, reaching the highest level since March, mainly boosted by the good news of vaccines and the impact of the beginning of power transfer by US President Biden.

Under the background that the epidemic situation has not been controlled, especially in Europe and the United States, the number of new cases remains high. The market is particularly looking forward to the success of the vaccine, and vaccine breakthrough has stimulated the nerve of market demand. Judging from the recent positive news of vaccines: on November 9, Pfizer announced that the effectiveness of the research and development vaccine was more than 90%; on the 18th, the company said that its effectiveness was more than 95%. The novel coronavirus pneumonia vaccine released by Moderna, a US biotechnology company, reported that its effective rate reached 94.5%. On the 16 day, third vaccines appeared on the 24 day. British Pharmaceutical Company AstraZeneca said Monday that its new crown vaccine was effective in the key tests, and it was expected to rise to 90%. This is the third new weapon for the world to fight against the new coronavirus.

OPEC + has also been releasing positive signals on production reduction recently. On November 16, OPEC + held a meeting of the Joint Technical Committee and the Joint Ministerial Supervision Committee. After discussing whether to postpone the production increase plan in January, the OPEC + ministerial joint monitoring committee said to the outside world that it should be vigilant and respond to the demand of the oil market. Although the current scale of production reduction has not been clearly maintained, the market generally has expectations. However, the implementation rate of production reduction in October dropped from 101% in September to 96%. The market will wait for the outcome of the OPEC + ministerial meeting on November 30.

Novel coronavirus pneumonia is still a factor that puzzles the oil market. Worldometer website real-time statistics show that around November 25th, around 6:30 Beijing time, 60043895 cases of new crown pneumonia were diagnosed globally, 1413229 cases were cumulative deaths, and 117 cases were confirmed by more than 10000 cases. In Europe, France will lift the nationwide “city closure” implemented at the end of last month in three stages, and may be affected by restrictive measures in the short term. Various signs show that the current fuel demand is still not optimistic. Standard Chartered Bank expects that the global oil demand in 2020 will decline by 9.68 million barrels / day compared with that in 2019. Demand in Asia is stable, especially in China, where refining capacity has recovered to pre epidemic levels.

In addition, crude oil inventory data showed a negative performance. On November 24, the US Petroleum Institute (API) released a report on Tuesday showing that US crude oil and gasoline inventories increased in the latest week, while distillate oil inventories fell. U.S. crude oil inventories rose 3.8 million barrels in the week ended November 20, with analysts expecting an increase of 127000 tons, according to the report. U.S. gasoline inventories rose by 1.3 million barrels, after analysts had expected an increase of 614000 barrels. Both crude oil and gasoline inventories have increased more than expected, indicating that refinery operating rates are declining and US crude oil demand is still weak.

According to the business agency, with the release of good news on vaccines and the transfer of power by the president of the United States, more oil prices may return to the supply and demand side. On the one hand, we should pay attention to the results of the OPEC + 30 meeting. On the other hand, Libya’s increase in production has also brought variables to the supply, and the superimposed epidemic situation has not improved. Therefore, it can be said that there are many obstacles to the upward oil price. The market is still volatile in the near future, which may be stimulated by more news and increase the amplitude.

1、 Price trend

The domestic xylene market continued to rise this week, with the average price of 3630 yuan / ton as of Friday, up 2.48% month on month.

2、 Analysis and comment

Boosted by the rise of international crude oil prices, xylene prices continued to rise this week. The listed price of xylene in Sinopec’s enterprises generally rose by 50-150 yuan / ton this week. Port inventory is high. At present, the port inventory in East China is about 131000 tons, down 4000 tons compared with last week, and the pressure to go to the warehouse is not reduced. Market oversupply, downstream Px, gasoline blending demand is general. At present, the price is about 3630 yuan / ton in East China. The future market will focus on the outcome of the US election, the progress of the US economic stimulus plan, the fluctuation of the US dollar index and the stock market, the geographical situation in the Middle East and the impact of OPEC + on crude oil supply, the impact of the continuous deterioration of overseas epidemic situation on the demand for crude oil, the progress in the research and development of the new crown vaccine, the global economic recovery, and the European and American economic recovery relief plan Progress.

Upstream, crude oil, supported by good vaccine news and OPEC’s hope of delaying production increase, this week’s international crude oil prices rose. However, due to the failure of US fiscal stimulus negotiations, the global epidemic is still serious, and oil prices are still facing downward risks. As of Friday, spot Brent rose $1.65/barrel to close at $43.435/barrel, up 3.95% from last week. At present, the main uncertain factors in the market come from the new crown epidemic in Europe and the United States and the uncertainty of the US presidential election. The final direction of crude oil will not take further action until the demand side is better and the US election is clear. In the medium term, oil prices mainly depend on the recovery of demand side and the direction of macro market.

The price of Sinopec / CFR is about US $4300 / FOB in the domestic and foreign markets. PX market is expected to stabilize in the short term. In terms of PTA market, the market price continued to rebound this week. The domestic PTA spot market price was about 3300 yuan / ton, and the external price was about 435 US dollars / ton CFR China. PTA price is expected to maintain a stable trend next week. In terms of ox market, Sinopec quoted 4400 yuan / ton of o-benzene, and the external price of o-benzene was about 580 US dollars / ton FOB Korea and 620 US dollars / ton CFR China. It is expected that the price of o-benzene will maintain a stable trend next week.

3、 Future forecast

Xylene analysts of the chemical branch of the business society think: first look at the supply cost side, the implementation of OPEC + production reduction, the total number of us oil drilling and EIA, API inventory data. Second, on the demand side, the impact of the worsening global epidemic situation on crude oil demand, the progress of industrial chain recovery, the economic and trade situation of Europe and the United States and the progress of economic recovery and rescue plan. Third, look at the linkage between the US dollar index and the stock market, the progress in the research and development of the new crown vaccine, and the geopolitical situation in the Middle East and China and the United States. Next week, we will focus on the US general election, the progress of a new round of US stimulus measures, and the impact of dollar index and stock market volatility on the trend of crude oil. Overall, xylene in the domestic market is expected to fluctuate slightly next week.

According to the monitoring of the bulk data of the business agency, affected by the tight spot supply of acetic acid, the domestic acetic acid market continued to rise. As of November 20, the average price of acetic acid in East China was about 3166 yuan / ton, up 19.8% compared with the beginning of the month and 21.95% higher than the same period of last month. At present, there are 3050-3200 yuan / ton in Shandong, 3250-3340 yuan / ton in Jiangsu, 3300-3400 yuan / ton in Zhejiang, 3000-3100 yuan / ton in Henan, 3050 yuan / ton in Hebei, 2600 yuan / ton in Northwest China and 3250-3350 yuan / ton in South China.

Unit capacity (10000 t / a) unit output (T / D)

Yankuang Guotai 110.3000

Hualu Hengsheng 50.1500

Yangtze BP 50 1300

Jiangsu Sopu 120.3000

Celanese 1200 2500

Jiantao, Hebei, 50.1400

Tianjin Bohua 35 parking

Henan Shunda 40.1400

Henan Longyu 50.1500

Henan Yima 25 parking

Shaanxi Yanchang parking 1300

Shanghai Huayi 70.1800

Anhui Huayi 50.1300

Dalian Hengli 35.1300

Affected by the double advantages of domestic demand and export, the domestic acetic acid market continued to rise this week. During the week, there were many enterprises in the northern region for parking and maintenance, including Tianjin Bohua 350000 T / a unit for 11.18 shutdown and maintenance for about 1 week, Shaanxi extended 450000 T / a device for 11.19 shutdown and maintenance for about 2 days. The shortage of spot supply in the market intensified, and the inventory in the industry was generally low The cumulative increase of the district is about 150-200 yuan / ton, and some enterprises have closed the offer.

The methanol market is strong and upward. Affected by the weather, some parts of the plant are shut down for maintenance, and the inventory of production enterprises is not high, and the attitude of the industry is mostly optimistic. At present, the profits of traders are fair, and the methanol analysts of the business society predict that the domestic methanol market will fluctuate in the short term. Downstream, affected by the upward support of raw materials, the acetate market continued to rise in the week. Due to the overall trend of oversupply in the industry, some enterprises reduced the negative operation, which eased the situation to a certain extent.

Recently, the supply of international acetic acid market is tight, and the price of acetic acid in various regions has been running steadily. At present, the acetic acid Market in Asia is about 420-450 US dollars / ton; the European market is about 560 euro / ton; the North American market is about 490 US dollars / ton.

The acetic acid analysts of the business club believe that the current domestic and foreign demand is good, the acetic acid price support is good, enterprises order more goods, less spot, downstream and traders buy up enthusiasm, it is expected that the acetic acid market will run stably in a short time.

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

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

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

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

1、 Price trend

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

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

2、 Analysis of influencing factors

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

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

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

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

3、 Analysis and prediction

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

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

Supply is tight, propylene glycol rational callback factory quotation

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

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

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

Demand for more than a narrow range of propylene glycol Market

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

Trade name: hydrochloric acid

Latest price (November 9): 307.50 yuan / ton

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

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

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

Production capacity and operation of the enterprise

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

Dongying Jinmao 120000 tons / year parking

Luxi Chemical Industry: 400000 tons / year: 50%

Shandong Dongyue: 280000 tons / year: 30%

Jiangxi Liwen: 120000 tons / year: 50%

Jiangsu Liwen: 160000 tons / year

Jiangsu Meilan 200000 tons / year 70%

Quhua, Zhejiang: 300000 yuan / year: 70%

Zhejiang Juhua: 300000 tons / year: 50%

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

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

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

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

1、 Price trend

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

2、 Analysis and comment

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

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

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

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

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

3、 Future forecast

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

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

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

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

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

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

Price trend of spot precious metals

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

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

Year on year decline in physical demand

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

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

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

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

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

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

Physical investment surged in the third quarter

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

Global central bank gold demand net sales

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

Future forecast

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

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

Key indicators for future market

1. Global GDP and other data will be released

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

3. US bipartisan stimulus plan negotiations and US election progress

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

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

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

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

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

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

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

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

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

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

Price trend

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

Upstream market of industrial chain

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

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

Downstream market of industrial chain

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

Market review and future expectation

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

1、 Price trend

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

2、 Market analysis

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

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

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

3、 Future forecast

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

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

New order gradually follow up domestic phosphate rock market stable operation

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

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

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

Downstream on demand procurement stable short-term market

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

1、 Price trend

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

2、 Market analysis

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

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

3、 Future forecast

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

Trade name: sulfuric acid

Latest price (October 19): 397.50 yuan / ton

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

1、 Price trend of propylene oxide

(Figure: P value curve of propylene oxide product)

2、 Market analysis

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

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

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

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

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

3、 Future forecast

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

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

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

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

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

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

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

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

1、 Price trend

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

2、 Analysis of influencing factors

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

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

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

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

Production capacity rose and fell on September 14

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

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

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

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

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

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

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

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

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

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

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

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

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

3、 Future forecast

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

1、 Price trend

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

Production capacity and operation of the enterprise

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

Dongying Jinmao 120000 tons / year parking

Luxi Chemical Industry: 400000 tons / year: 80%

Jiangsu Liwen 160000 tons / year normal

Jiangxi Liwen: 120000 tons / year: 50%

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

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

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

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

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

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

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

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

Trade name: urea

Latest price (September 16): 1690.00 yuan / ton

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

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

1、 Price trend

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

2、 Market analysis

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

3、 Future forecast

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

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

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

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

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

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

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

Note: the above price is tax inclusive

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

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

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

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

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