According to the data monitored by the business agency, as of July 30, the average price of pet water bottle manufacturers was 8890.00 yuan / ton. In July, the pet market price operated smoothly. At present, the mainstream price range is 9000 yuan / ton, the market supply and demand is balanced, and the supply side is normal.

In the first ten days of June, the domestic pet price operated weakly in a narrow range, and the price decreased slightly this week. At present, the market operating rate is normal, the manufacturers’ shipment is positive, the logistics is smooth, the profit is given away, the market transaction atmosphere is general, the negotiation atmosphere is acceptable, the willingness of the downstream to prepare goods is general, and the cost is lack of support. At present, the mainstream price is about 9500 yuan / ton. This week, the price decreased slightly, and pet operates stably, moderately and weakly in the short term.

In the middle of June, the domestic pet price operated in a narrow range and weak, and the price decreased slightly this week. At present, the market operating rate is normal, the manufacturers’ shipment is positive, the logistics is smooth, the profit is given away, the market transaction atmosphere is general, the negotiation atmosphere is acceptable, the willingness of downstream goods preparation is general, and the cost is lack of support. At present, the mainstream price is about 9500 yuan / ton, which was reduced slightly this week, and pet operates stably, moderately and weak in the short term.

In late June, the domestic pet price was in a narrow range and weak operation, and the price was slightly reduced this week. At present, the market operating rate is normal, the manufacturers’ shipment is positive, the logistics is smooth, the profit is given away, the market transaction atmosphere is general, the negotiation atmosphere is acceptable, the willingness of downstream goods preparation is general, and the cost is lack of support. At present, the mainstream price is about 9500 yuan / ton, which was slightly reduced this week, and pet is stable, medium and weak in the short term. The latest quotation of the enterprise: Shanghai quyi Industrial Co., Ltd. 9150 yuan / ton, Shanghai Hongqi Plastic Technology Co., Ltd. 9800 yuan / ton, Jiangsu Sanfangxiang Group Co., Ltd. 9200 yuan / ton. Upstream ethylene glycol, ethylene glycol in the Asian market closed at $528 / ton in CFR China on July 22, unchanged from the previous trading day and down $3.7 / ton from last week.

Rubber and plastic commodity index: on August 1, the rubber and plastic index was 722 points, up 2 points from yesterday, down 31.89% from the peak of 1060 points in the cycle (2012-03-14), and up 36.74% from the lowest point of 528 points on April 6, 2020. (Note: the period refers to 2011-12-01 to now).

Pet analysts of business agency believe that the pet market is expected to run smoothly in August. (if you want to know more about the latest market trends of the industrial chain, please pay attention to the official account of the business club to obtain commodity information and master commodity prices).

According to the bulk data monitoring of business agency, the mainstream price of styrene in Shandong rose first and then fell in July. At the beginning of the month, the price of the sample enterprises of the business club was 10528.57 yuan / ton, and at the end of the month, the price of the sample enterprises was 9375.71 yuan / ton, a decrease of 7.53%. The price increased by 4.26% over the same period last year.

styrene

In July, the market price of styrene fluctuated and fell. It can be seen from the above figure that the price of styrene rose slightly in the first week of the past month, and then fell for three consecutive weeks. The lowest price of styrene in July was on July 27, with a price of 9642.86 yuan / ton. The highest price was on July 6, with a price of 10642.86 yuan / ton, with a maximum decrease of 9.40%. In July, there were many restart of maintenance devices in domestic styrene factories, with sufficient spot inventory, and the downstream demand was less than the styrene supply increment. The weak supply and demand side of styrene suppressed the upward space of styrene. Styrene prices generally showed a downward trend.

In terms of raw materials and crude oil, there was a long short game in crude oil during the month, and concerns about tight supply remained. However, the Federal Reserve and central banks in many countries raised interest rates, intensifying market concerns about economic recession, and crude oil fluctuated widely. As of July 28, Brent fell by $7.67 / barrel, or 6.68%; WTI fell $9.34 / barrel, or 8.83%. The price of pure benzene fell in July. Due to the large number of downstream units put into production in the early stage, and the scale of pure benzene only increased slightly, the continuous supply of pure benzene was tight, domestic trade shipments decreased, and the high-level imports superimposed on the outer plate decreased, and the ports maintained a de stocking state during the month. However, due to the continuous broad decline of crude oil and the significant decline of pure benzene in the external market, the support of external news was weak. In addition, the downstream load reduction, shutdown and maintenance increased, the demand follow-up was poor, and pure benzene was under pressure.

Downstream, in July, the three downstream styrene rose or fell. The domestic PS market weakened in July. The average price of PS ordinary materials at the beginning of this month was 11416 yuan / ton, and the average price of PS ordinary materials at the end of the month was 11283 yuan / ton, with the price falling by 1.17% and rising by 2.89% compared with the same period of the year.

In July, the EPS market was volatile and consolidated. At the beginning of the month, the price of the sample enterprises of the business community was 11425.00 yuan / ton, and at the end of the month, the price of the sample enterprises was 11400.00 yuan / ton, a decrease of 0.20%. In terms of EPS, the epidemic control in East China is weakened, the production situation of domestic downstream factories is acceptable, and the market is relatively stable.

In July, the domestic ABS market fell, and the spot prices of various brands fell by a large margin. As of July 29, the average price of general-purpose ABS mainstream offer was about 12050 yuan / ton, up or down -8.37% compared with the price level at the beginning of the month. In July, the upstream three materials of ABS cost side showed a poor trend, and ABS cost side support weakened. In the macro aspect, previously, the international crude oil was affected by macro inflation factors such as the Federal Reserve’s interest rate hike, and the price volatility intensified, which was bad for the oil chemical industry chain. In terms of industry load, although the current operating rate of ABS enterprises is forced to fall, the industry load is still high. The on-site supply is still abundant, and the decline of industry load has limited support for the supply side. The current season is in the off-season of the industry, especially the main downstream household appliances and other industries lack of output, and the on-site demand is weak. Merchants cut prices and take orders, and the offer follows the market. At the end of the month, midstream traders have certain receiving operations, and some low-end ex factory offers have been consumed, temporarily raising the spot price.

At present, the domestic supply of styrene continues to increase, and the downstream demand is less than the supply increment of styrene. The weak supply and demand side of styrene suppresses the upward space of styrene. Styrene is likely to follow the trend of crude oil, and the styrene market is expected to fall in the short term.

Acetic anhydride prices fell sharply in July

According to the monitoring data of business agency, the price of acetic anhydride fell sharply in July. As of July 28, the price of acetic anhydride was 6475 yuan / ton, down 10.69% from 7250 yuan / ton on July 1 at the beginning of the month. The price of raw materials fell, the cost of acetic anhydride fell, and the quotation of some acetic anhydride enterprises fell below 6000 yuan / ton. The demand for cost reduction was weak, and the market of acetic anhydride fell sharply in July.

The price of raw material acetic acid fell sharply in July

According to the trend chart of acetic acid price of business club, the price of acetic acid fell in July. As of July 28, the price of acetic acid was 3512.50 yuan / ton, down 14.85% from 4125 yuan / ton on July 1 at the beginning of the month; Insufficient demand, the price of acetic acid fell sharply, the cost of acetic anhydride fell, and the downward pressure on acetic anhydride increased.

Methanol prices fell sharply in July

It can be seen from the methanol price trend chart of the business club that the methanol price fluctuated and fell in July. As of July 28, the price of methanol was 2560 yuan / ton, down 3.94% from 2665 yuan / ton on July 1 at the beginning of the month. The energy crisis has eased. In July, the price of methanol fell violently, the cost of acetic anhydride raw materials fell, and the upward momentum of acetic anhydride weakened, with great downward pressure.

Outlook

According to the acetic anhydride data analyst of business agency, the prices of raw materials methanol and acetic acid fell sharply in July, the cost of acetic anhydride fell, the price of acetic anhydride fell sharply, and the quotation of some acetic anhydride enterprises fell below 6000 yuan / ton. In general, the cost of acetic anhydride fell, the demand was weak, and the price of acetic anhydride fell sharply. The acetic acid industry chain is still weak, and the support for the rise of acetic anhydride is insufficient. The product price of acetic acid industry chain is close to the cost line, and the space for the future decline of acetic acid price is limited. It is expected that the future acetic anhydride price will stabilize after a slight fluctuation.

According to the data monitored by the business club, as of July 27, the average quotation price of domestic premium DMF enterprises was 11250.00 yuan / ton, and the DMF price rose slightly, slightly higher than that at the beginning of the week. It is expected that the DMF market will be stable in the short term.

As of July 19, the domestic DMF price has been running smoothly. At present, the mainstream price range is 11000-12000 yuan / ton. The transaction atmosphere is acceptable, the negotiation atmosphere is positive, the manufacturer’s shipment is smooth, the downstream just needs to purchase, and the logistics is smooth.

Chemical commodity index: on July 26, the bulk commodity price index BPI was 1058 points, down 2 points from yesterday, down 21.22% from 1343 points (2021-10-19), the highest point in the cycle, and up 60.30% from 660 points, the lowest point on February 3, 2016. (Note: the period refers to 2011-12-01 to now).

DMF analysts of business agency believe that in the short term, the smooth operation of DMF market is the main thing. (if you want to know more about the latest market trends of the industrial chain, please pay attention to the official account of the business club to obtain commodity information and master commodity prices).

According to the data monitored by the business community, as of July 26, PET water bottle level pet prices were weak in a narrow range this week. Compared with the weak price in the same period last week, the current average price was 8890 yuan / ton, the overall market was weak in a narrow range, the focus of negotiation was stable, the overall market supply and demand were balanced, and logistics shipments were smooth at present.

The domestic PET price is in a narrow range and weak operation. The price has been reduced slightly this week. At present, the market operating rate is normal, the manufacturers’ shipments are positive, the logistics is smooth, the order is given away, the market transaction atmosphere is general, the negotiation atmosphere is acceptable, the downstream readiness for goods is general, and the cost is lack of support. At present, the mainstream price is about 9500 yuan / ton, which has been reduced slightly this week, and pet is stable, medium and weak in the short term.

Upstream ethylene glycol, ethylene glycol in the Asian market closed at $528 / ton in CFR China on July 22, unchanged from the previous trading day and down $3.7 / ton from last week.

Rubber and plastic commodity index: on July 25, the chemical industry index was 1018 points, down 8 points from yesterday, down 27.29% from the highest point of 1400 points in the cycle (2021-10-23), and up 70.23% from the lowest point of 598 points on April 8, 2020. (Note: the period refers to 2011-12-01 to now).

PET analysts of business agency believe that the pet market is expected to operate in a narrow range and weak in the short term. (if you want to know more about the latest market trends of the industrial chain, please pay attention to the official account of the business club to obtain commodity information and master commodity prices).

According to the price monitoring of the business agency, the domestic PTA market rebounded slightly on July 25, with the average market price of 5837 yuan / ton, up 0.47% from the previous day and 7.99% year-on-year.

In terms of supply, the 700000 ton unit of Yadong Petrochemical began to reduce the load by 90% on July 15, and the recovery time is to be determined; A 2million ton PTA plant in Yisheng Ningbo shut down last weekend, and the restart time is to be determined. Another 2.2 million ton device is in normal operation, and a total of 6.6 million ton device of Yisheng new material is in normal operation. At present, more than 73% of the industry is under construction.

Crude oil remained volatile and weak. The EU adjusted its sanctions against Russia, which will allow Russian state-owned companies to ship oil to third countries. The supply tension is expected to ease slightly, and the oil price is under pressure. On July 22, the settlement price of the main contract of WTI crude oil futures in the United States was US $94.70 / barrel; The settlement price of the main contract of lunt crude oil futures was $103.20 / barrel.

Although the operating load of downstream polyester slightly rebounded to 76%, the overall performance is still relatively weak, which suppresses the PTA price. Now, there are sporadic autumn and winter orders for terminal weaving, but the volume is small, mainly in bulk and small orders, and the enthusiasm for starting work is general. The comprehensive starting rate of Jiangsu and Zhejiang looms remains at a low level below 50%.

Business analysts believe that crude oil shocks downward, but there are signs of tightening on the PX supply side, which is still a positive support for PTA cost support. In addition, some PTA devices are planned to be overhauled, and the supply side is still expected to be tight. However, the weak demand side performance is difficult to improve in a short time. It is expected that PTA prices will pick up slightly in the short term, and the trend will remain weak in the future.

Ethylene oxide fell sharply by 500 yuan / ton on Wednesday, followed by another 200 yuan / ton in Jihua on Thursday. At present, the mainstream market price is 6550 yuan / ton, the ex factory price in Central China is 6650 yuan / ton, and Jihua is 6350 yuan / ton.

Upstream, the interest rate hike of the European Central Bank triggered demand concerns, the price of international crude oil futures fell, and the trading on the floor has been relatively quiet. Insiders tried to weigh the supply tightness caused by the weak energy demand and the reduction of Russian oil after the conflict between Russia and Ukraine. Naphtha spot valuation fell to $78.14 / barrel. Northeast Asia ethylene remained at 860 US dollars / ton in the week. As of the closing of Asia on July 21, the spot price difference between ethylene and naphtha was $104.5 / ton, and the continuous loss situation of cracking unit has not been alleviated. Moreover, the domestic epidemic is sporadic, and the sealing and control policy may aggravate the low profit situation in the downstream, which continues to pose pressure on the demand side of naphtha.

Affected by the falling price and the pressure on inventory, some ethylene oxide manufacturers consider reducing the load. Based on the current external price, ethylene oxide is currently losing about 300 yuan. The 650000 ton ethylene glycol unit of Zhenhai Refining and Chemical Co., Ltd. was shut down for maintenance due to failure in the evening of 20 and is expected to restart next Monday.

Downstream monomer manufacturers follow up, manufacturers’ spot inventory pressure is large, traders are under pressure to ship, insiders are in a strong wait-and-see mood, the overall follow-up is limited, and the increase in demand is weak. There is no obvious good news to boost the market.

Forecast: EO has fallen to the low point in two years. Although the demand side is constrained, there is little downside space left, and it is expected to run at a low and weak level.

1、 Price trend

According to the monitoring data of business agency, the average ex factory price of domestic chlorinated paraffin 52 was 6116 yuan / ton on July 15, and the average ex factory price of domestic chlorinated paraffin 52 was 5883 yuan / ton on July 21. The price of chlorinated paraffin 52 fell by 3.81% this week.

2、 Market analysis

The price of chlorinated paraffin 52 fell this week. At present, the price of liquid chlorine, the raw material of chlorinated paraffin, is running downward, and the cost support is weak. The market demand for chlorinated paraffin is weak, and there are many downstream companies that need to be purchased. The industry is mainly cautious and wait-and-see. The operating rate of chlorinated paraffin enterprises this week is about 60%. As of July 21, the ex factory quotation of chlorinated paraffin 52 in Anhui Province was about 5800 yuan / ton, that in Northeast China was about 5800 yuan / ton, and that in Shandong Province was about 6000 yuan / ton.

In terms of raw liquid wax, the price of liquid wax rose slightly this week. Liquid wax follows the changes of crude oil market and plays a leading role in the trend. In terms of raw liquid chlorine, the price of liquid chlorine continued to fall this week. There are limited transactions on the floor and weak demand. The trend of liquid chlorine in the off-season market was poor, and some chlor alkali manufacturers suffered losses.

3、 Aftermarket forecast

According to the chlorinated paraffin analyst of business society, the current market demand for chlorinated paraffin is low, and there are few transactions on the floor, making it difficult to change the weak market in the short term. In the case of poor raw material market and weak demand, the chlorinated paraffin market is expected to continue to decline in the short term.

1、 Price trend

According to the monitoring data of the business agency, the price of soda ash was adjusted and operated this week. The average market price of light soda ash was 2910 yuan / ton at the beginning of the week and 2890 yuan / ton at the end of the week. The price fell by 0.69%, up 51.59% over the same period last year. On July 14, the commodity index of light soda ash was 148.21, down 0.51 points from yesterday, down 21.62% from the highest point of 189.10 in the cycle (2021-11-07), and up 134.70% from the lowest point of 63.15 on November 18, 2015. (Note: the period refers to 2011-09-01 to now)

2、 Market analysis

According to the monitoring data of the business agency, the price of soda ash was adjusted and operated this week. The mainstream market price of light soda ash in East China is about 2850-3000 yuan / ton. The price of soda ash in North China is temporarily stable, and the current market price of light soda ash is about 2850-3000 yuan / ton.

On the demand side: according to the monitoring of the business agency, the glass price fell slightly this week. The average price of glass on Monday was 20.35 yuan / square meter, and the average price this weekend was 20.21 yuan / square meter. The price fell within the week, with a range of 0.69%. Raw material prices lack support for the glass market. The terminal real estate market has not improved significantly, downstream enterprises are not enthusiastic about purchasing, and the glass market is dominated by rigid demand. It is expected that the glass spot market will be weak in the short term.

According to the price monitoring of the business community, in the 27th week of 2022 (7.4-7.8), there was a total of 1 commodity rising, 3 commodities falling and 1 commodity rising or falling to zero in the price rise and fall list of the chlor alkali industry. The main commodities rising are: calcium carbide (1.32%); The main commodities that fell were PVC (-5.42%), caustic soda (-0.65%), and light soda (-0.34%). The average rise and fall this week was -1.02%.

According to the analysts of the business agency, the survey data of the business agency shows that the price of soda ash is mainly stable and small, and the overall trading atmosphere is general. The overall wait-and-see attitude of the downstream, weak demand, the supply and demand game between the buyer and the seller, and it is comprehensively expected that the later soda ash price consolidation operation will be the main, depending on the downstream market demand.

According to the bulk commodity list data of shanghaishe, the recent weak consolidation of Shandong formaldehyde market, the average price of Shandong formaldehyde is 1213.33 yuan / ton, the current price fell by 6.19% month on month, and the current price fell by 9.45% year-on-year.

formaldehyde

Recently, the formaldehyde market price in Shandong has been weak. From the above figure, it can be seen that the formaldehyde market has been mainly volatile and falling in the past two months, and the recent market has been basically stable. As of July 19, the mainstream market price in Shandong is 1200-1220 yuan / ton. Recently, the methanol market has not fluctuated much, the cost support is general, the downstream operating rate has not been greatly improved, the just needed procurement has been maintained, the formaldehyde manufacturers have stably shipped, and the market is weak and consolidated.

Upstream methanol: the domestic methanol market was in a downturn, and the decline slowed down. The receiving price in northern Shandong, the main end market, is down synchronously, and the inventory of raw materials in local downstream factories is high, causing serious vehicle crushing. The production cost of methanol may be weakened, the supply of methanol will not be reduced, and the downstream rigid demand will prevail. Methanol analysts at business club predict that in the short term, the domestic methanol market may still decline at a low level.

This week, the methanol market was adjusted at a low level, the cost support was general, the construction of downstream plate factories did not improve, the demand for formaldehyde in the field was limited, formaldehyde manufacturers shipped normally, the market transaction was light, and the formaldehyde market was weak.

Recently, the domestic methanol market has a downward trend, and the demand of downstream wood panel plants continues to be poor. Therefore, formaldehyde analysts from the chemical branch of shanghaishe predict that the recent decline in formaldehyde prices in Shandong is mainly weak.