According to the bulk data monitoring of business society, the average price of acetic acid was 6160 yuan / ton on December 10. Compared with the price of 6250 yuan / ton on December 4, it was reduced by 90 yuan / ton within the week, a decrease of 1.44%, and the price fell by 13.24% month on month. As of December 4, the market price of acetic acid in various regions in China rose and fell as follows:

region December 4th December 10th Price rise and fall

South China 6300-6400 yuan / ton 6000-6100 yuan / ton – 300/-300

North China 6100-6200 yuan / ton 6050-6150 yuan / ton – 50/-50

Shandong region 6050-6200 yuan / ton 6050-6200 yuan / ton 0/0

Jiangsu region 6100-6200 yuan / ton 6000-6100 yuan / ton – 100/-100

Zhejiang region 6200-6300 yuan / ton 6100-6200 yuan / ton – 100/-100

The domestic acetic acid market is weak. Most of the acetic acid enterprises in the field mainly wait-and-see operation. The quotation in the week falls first and then stabilizes. The downstream demand continues to be weak. The market just needs to buy. The transaction of new orders in the market is insufficient. The acetic acid manufacturers negotiate to ship, and the transaction focus moves down. Most of the domestic acetic acid plants operate normally. The devices of individual enterprises in East China are overhauled, but the early inventory of enterprises is accumulated, The overall supply of goods in the market is still sufficient, and the operator’s mentality remains wait-and-see.

In the downstream, the ethyl acetate market fell first and then stabilized this week. The overall price fell by 2.51% during the week. As of December 10, the price of ethyl acetate in East China was 9066.67 yuan / ton. The main plant units started stably, the enterprise inventory was high, the market supply was sufficient, the downstream industry entered the traditional off-season, just needed to buy, the new orders were limited, and the ethyl acetate Market operated weakly and stably.

According to the acetic acid analysts of business society, at present, most domestic acetic acid manufacturers operate stably and the market supply is sufficient. Due to the weak downstream demand, the maintenance of individual enterprises has not brought too many benefits, but the market continues to decline in the short term. After the maintenance of Jiangsu Thorpe plant is completed in the later stage, the acetic acid market may operate in a weak position. Pay more attention to the market supply and downstream transactions.

According to the monitoring data of business society, as of December 9, the average ex factory price of domestic industrial grade dimethyl carbonate was 8800 yuan / ton. Compared with the price on December 5, 2021 (the reference price of dimethyl carbonate was 10166 yuan / ton), the average price was reduced by 1366 yuan / ton, a decrease of 13.44%.

It can be seen from the data monitoring chart of business society that the domestic dimethyl carbonate market has been running downward since last week. This week, the domestic dimethyl carbonate market continues to run downward, with a large decline, with a decline of 13.44% this week. Since the beginning of the week, the domestic market demand for dimethyl carbonate has been poor, the on-site wait-and-see mood is strong, and there are few new transaction orders. The focus of the on-site negotiation began to continue to go down. On Tuesday (December 7), the quotation of domestic dimethyl carbonate factories was significantly reduced by about 500-1000 yuan / ton, and the ex factory price of domestic dimethyl carbonate was referred to about 9000-9500 yuan / ton, The bearish atmosphere on the site is still strong, and the trading atmosphere is cold. Affected by the resumption of operation of units in some areas, the supply on the site increases in time, and the supply pressure of dimethyl carbonate also increases. In the middle of the week (August and September), the market price of dimethyl carbonate continues to decrease by 300-800 yuan / ton. As of December 9, the ex factory price of dimethyl carbonate in China is around 8600-9000 yuan / ton, The average price refers to 8800 yuan / ton. At present, the low price continues to suppress the mentality of the operators, the overall atmosphere in the venue is not improved, and the wait-and-see situation is continued.

In terms of index, the dimethyl carbonate commodity index on December 8 was 156.47, down 7.65 points from yesterday, down 37.41% from the highest point of 250.00 in the cycle (2021-10-26), and up 56.47% from the lowest point of 100.00 on June 6, 2021. (Note: the period refers to the period from June 1, 2021 to now)

In terms of upstream dimethyl ether, on December 8, the domestic dimethyl ether market continued to be weak as a whole and continued to decline mainly. The decline in Henan, the main production area, was mostly about 20-30 yuan / ton. The markets in Hebei and Shandong fell steadily, and the overall transaction atmosphere in the market was poor. Some manufacturers in Henan transferred out of the factory prices for the second time and made profits for shipment, but the enthusiasm for downstream market entry did not improve significantly, It is expected that the dimethyl ether market will continue to be weak in the short term.

Future trend analysis

At this stage, in the face of the increasing supply pressure and the slow follow-up of downstream demand, the supporting force for the significant improvement of the domestic dimethyl carbonate Market in the short term is still insufficient. The dimethyl carbonate data division of business society believes that recently, the domestic dimethyl carbonate market has mainly continued the weak and volatile operation, which does not rule out the possibility of continued downward exploration of prices, More attention should be paid to the specific changes at the supply and demand side.

At the beginning of December, the domestic liquefied gas market continued a weak trend as a whole, and the price continued to decline. The civil gas market in Shandong was mainly reduced by a narrow margin. However, with the sharp rebound of international crude oil on the 7th, the domestic liquefied gas market stopped falling, and some regions followed the upward trend. According to the data monitoring of business agency, the average price of liquefied gas in Shandong civil market was 5340.00 yuan / ton on December 1 and 5260.00 yuan / ton on December 7, with a decrease of 1.50% and an increase of 58.59% over the same period last year.

As of December 7, the mainstream prices of liquefied gas in various regions in China are as follows:

region Mainstream quotation

North China 5070-5250 yuan / ton

East China 4850-5100 yuan / ton

South China 5300-5520 yuan / ton

Shandong region 5200-5450 yuan / ton

In December, the domestic civil liquefied gas market continued to be weak, the focus continued to move downward, the decline in Shandong was limited, and the price fluctuated mainly in a narrow range. Entering this week, the market was dominated by positive factors, and the domestic liquefied gas market stopped falling. On the 7th, international crude oil rebounded sharply, bringing obvious support to the market. The LNG futures market rose sharply one after another, bringing certain benefits to the spot market. Although the price in Shandong has not increased significantly, the market transaction atmosphere has improved. On the whole, the prices in North China and Western China follow the upward trend in the domestic liquefied gas market.

The recent sharp rise of LPG futures market has given a certain boost to the spot market. On December 7, the opening price of LPG futures contract 2201 was 4397, the highest price was 4483, the lowest price was 4374, the closing price was 4475, the former settlement price was 4237, the settlement price was 4423, up 238, or 5.62%, the trading volume was 167186, the position was 62910, and the daily position was increased by – 7271. (quotation unit: yuan / ton)

At present, the international crude oil continues to rise, and the news is good for the market mentality. In addition, the upward trend of LPG futures has also brought a certain boost to the market. Although the civil gas in Shandong liquefied gas market has not increased significantly, the prices in some regions follow the upward trend of crude oil. At present, the supply of Shandong market has not changed much, and the overall refinery inventory is at a controllable level. It is expected that the price may increase in the short term.

According to the bulk list data of business society, as of December 7, the average price of domestic industrial lithium hydroxide enterprises was 174666.67 yuan / ton, an increase of 0.96% compared with the price on December 1, and a year-on-year increase of 21.58% in a three-month cycle.

The market of industrial lithium hydroxide rose this week. Recently, the price of raw material spodumene has operated strongly, the price of lithium carbonate has increased, the cost support is obvious, the downstream inquiry and procurement atmosphere has improved, and the demand has gradually warmed up, driving the price of lithium hydroxide to rise steadily.

Upstream lithium carbonate, according to the data monitoring of business agency: on December 6, the average price of industrial lithium carbonate in East China was 196600 yuan / ton, an increase of 1.34% compared with the price at the beginning of the month. On December 6, the average price of battery grade lithium carbonate in East China was 208000 yuan / ton, an increase of 1.46% compared with the price at the beginning of the month. The price of lithium carbonate continued to increase this week. With the arrival of the end of the year and the Spring Festival holiday, manufacturers in downstream industries have a strong mood of stock, and the purchase price is rising all the way, while the prices of large manufacturers are rising. In addition, overseas countries gradually enter the New Year holiday, so the port shipping schedule may be delayed, and the market supply will also have a certain impact and gap.

Lithium hydroxide analysts of business society believe that the current strong support on the cost side and the gradual warming of the market trading atmosphere support the manufacturer’s mentality. It is expected that the domestic industrial lithium hydroxide market may be dominated by strong operation in the short term.

1、 Price trend

According to the bulk data monitoring of business society, as of December 3, the average price of refrigerant R22 was 20666.67 yuan / ton, down 13.89% compared with the beginning of the week and up 44.19% compared with the same period last year

According to the bulk data monitoring of business society, as of December 3, the average price of refrigerant R134a was 39166.67 yuan / ton, down 18.97% compared with the beginning of the week and up 144.79% compared with the same period last year.

2、 Market analysis

This week, the refrigerant R22 market continued to decline, falling to about 20000 yuan. The raw hydrofluoric acid decreased by 9.34% to about 12000 yuan in the week, and the supporting force of the cost side decreased. In addition, the radius of R22 application field continued to narrow. Near the end of the year, the R22 price continued to decline before the stock arrangement demand of cargo holders increased. By the end of the weekend, the R22 market quotation was mostly in the range of 19000-23000 yuan / ton, The quotation in Shandong is about 20000-23000 yuan / ton, that in Zhejiang is about 19000-21000 yuan / ton, that in Hunan is about 20500-21000 yuan / ton, and that in Jiangsu is about 21000-22000 yuan / ton. Prices in various places have declined steadily.

The refrigerant R134a market continued to decline this week, falling below the 40000 mark, with the lowest price of about 35000. There were also lower prices in the market, and the focus fell sharply. Hydrofluoric acid, the raw material, dropped by 9.34% to about 12000 during the week. The cost side support declined, while the demand continued to be weak, the inventory pressure of enterprises increased, and the cargo holders began to sell at low prices. The market pessimism was strong. By the end of the weekend, the market quotation of R134a was in the range of 35500-42000 yuan / ton, that of Shandong was about 35500-42000 yuan / ton, and that of Zhejiang was about 35500-41000 yuan / ton, The quotation in Hunan is about 38000-39000 yuan / ton, and that in Jiangsu is about 38000 yuan / ton. Prices in various places have fallen.

In terms of raw materials, on December 6, the domestic hydrofluoric acid market price trend was temporarily stable, the on-site unit operation was stable, the supply of goods was normal, the market price trend of anhydrous hydrofluoric acid declined, and the recent rise of fluorite price trend had a certain supporting impact on the hydrofluoric acid market, but the operating rate of the downstream refrigerant industry was still at a low level, and the actual demand was at a low level, With regard to the Limited procurement of hydrofluoric acid and the recent decline of refrigerant market, it is expected that the market price of hydrofluoric acid may remain low.

3、 Future forecast

Business community refrigerant analysts believe that the price of raw materials decreased during the week, the cost support declined, the demand side continued to be weak, the enterprise inventory increased, and there was a strong rush to ship. It is expected that R22 and R134a may continue to maintain a weak downward trend in the short term.

Price trend

According to the price monitoring of business agency, the price trend of cryolite in Henan was stable this week. On December 3, the average market price in Henan was 7200.00 yuan / ton, an increase of 2.86% month on month.

quotations analysis

The domestic cryolite market is strong and stable, the supply of raw materials is tight, the price is high, the production cost of cryolite is high, the output of manufacturers is small, and the production pressure supports the high operation of cryolite market. As of December 3, the ex factory quotation of cryolite in Shandong is 7000-7600 yuan / ton, and that in Henan is 6700-8600 yuan / ton.

In terms of raw materials, the soda ash market was weak this week. As of December 3, the average market price was about 3200 yuan / ton. The price fell by 5.54% during the week, up 110.25% compared with the same period last year. The price is still high. The operating rate of soda ash increased compared with last week, and the output has increased. However, the downstream does not accept high prices, and the market trading is general.

Downstream, the aluminum market fluctuated and fell. On December 3, the aluminum price was 18836.67 yuan / ton, a decrease of 2.06% during the week compared with the price of 19233.33 yuan / ton at the end of last week. The aluminum social inventory continued to be high, the market demand was weak, the aluminum consumption was slow, and the market was weak.

Future forecast

The domestic cryolite market is strong at a high level, and with the support of tight raw materials, the on-site operators wait and see the consolidation. From the perspective of enterprise production costs, the short-term cryolite trend is stable for the time being, with specific attention to the situation of upstream raw materials.

1、 Price trend:

According to the bulk list data of business society, the domestic market of PA6 fell in early December, and the spot prices of various brands decreased. As of December 2, the mainstream offer price of the sample enterprises for China viscosity 2.75-2.85 was about 15666.67 yuan / ton, up or down – 0.84% compared with the average price at the beginning of the month.

2、 Analysis of influencing factors:

Industrial chain: the upstream caprolactam continues its weak operation, the raw material pure benzene is still in the downstream channel, and the cost support is insufficient. Some enterprise devices were restarted, and the supply increased. The downstream market is light, and the demand side has not improved. Under the dual pressure of cost and demand, caprolactam is expected to continue its weak downward operation.

The price of upstream caprolactam has fallen recently, and the cost side support of PA6 has been greatly weakened. The overall operating rate of domestic PA6 polymerization plants is more than 60%, the spot price falls upstream, and the profitability of polymerization plants is general. In terms of demand, at present, the inventory position of PA6 of downstream users is acceptable, the purchase intention is not high, and there is a lot of wait-and-see atmosphere in the venue.

3、 Future forecast:

Business analysts believe that: the spot price of PA6 continues to decline, caprolactam continues to decline, weakening the cost of PA6, weak terminal demand, poor on-site transactions, buyers’ wait-and-see and other falling emotions increase. It is expected that the spot price of PA6 may still fall slightly in the short term.

According to the data monitoring of business agency, the acrylonitrile market first rose and then fell in November. As of November 30, the acrylonitrile price was 15716 yuan / ton, up 1.84% from 15433 yuan / ton at the beginning of the month.

The price of raw propylene fell and the cost side was weak. According to the monitoring of business agency, as of November 30, the domestic propylene price was 7620 yuan / ton, down 6.79% from 8175 yuan / ton at the beginning of the month.

Listing price of domestic acrylonitrile in November

enterprise Listing price in November (yuan / ton)

Fushun Petrochemical sixteen thousand and five hundred

Anqing Petrochemical fourteen thousand and eight hundred

Zhejiang Petrochemical fourteen thousand and seven hundred

Shanghai SECCO fourteen thousand and eight hundred

Jilin Petrochemical fourteen thousand and eight hundred

Kollur fourteen thousand and eight hundred

Haijiang, Shandong fourteen thousand and eight hundred

Silbon fourteen thousand and eight hundred

List of domestic acrylonitrile units started in November

enterprise Capacity (10000 tons) Unit start-up

Fushun Petrochemical 92000 tons parking

Anqing Petrochemical 210000 tons Full load operation

Zhejiang Petrochemical 520000 tons normal operation

Shanghai SECCO 520000 tons Low load operation

Jilin Petrochemical 452000 tons High load operation

Kollur 260000 tons In mid November, phase II unit stopped briefly

Haijiang, Shandong 130000 tons Full load operation

Silbon 520000 tons Low load operation

According to the business agency, Fushun Petrochemical’s 130000 T / a acrylonitrile unit was shut down for maintenance, the phase II unit of kruer phase II acrylonitrile unit was briefly shut down in mid November, and Shandong Haijiang, Anqing Petrochemical and other acrylonitrile units operated at full capacity. The maintenance and speculation at the beginning of the month promoted the market price of acrylonitrile to rise sharply. Later, with the increase of unit load in acrylonitrile industry, the speculation factors disappeared, and the price of acrylonitrile returned to rationality.

After the maintenance of many downstream ABS enterprises, the demand side increased, but affected by the high cost of downstream acrylic fiber, the unit production of some enterprises decreased, the demand side weakened, and the support for acrylonitrile weakened.

Future forecast: acrylonitrile analysts of business society believe that the current cost is low, and new units are put into operation in the later stage. It is expected that the market price of acrylonitrile will fall.

Zinc prices fell in November

According to the data monitoring of business society, the zinc price fluctuated and fell in November, and the zinc market fell. As of November 30, the price of zinc was 23012.00 yuan / ton, down 5.67% from 24396 yuan / ton on November 1 at the beginning of the month; In November, the zinc market fell, and the zinc price fluctuated and fell.

The manufacturing industry returns to the expansion range, which is good for the zinc market

In November, the purchasing managers’ index (PMI) of China’s manufacturing industry was 50.1%, up 0.9 percentage points from the previous month, above the critical point. The manufacturing industry returned to the expansion range, indicating that China’s economic prosperity has rebounded on the whole. The domestic economy rebounded, the manufacturing production activities accelerated, the manufacturing market demand improved, the demand of zinc market recovered, and the zinc market remained positive.

Glencore zinc equipment has been overhauled again

Impacted by high energy prices, the tide of shutdown affected more areas. Glencore said in a statement sent by email on November 22 that the portovesme production line with an annual output of 100000 tons of zinc sulfide will be maintained by the end of December; Glencore equipment maintenance, zinc supply is expected to decrease, and zinc prices rise.

The output of zinc concentrate decreased month on month

The zinc concentrate output of new century in the third quarter of 2021 was 28900 tons, a year-on-year decrease of 14.06% and a month on month decrease of 8.95%. The zinc concentrate output of Titan mining in the third quarter of 2021 was 1300T, with a year-on-year increase of 18.18% and a month on month increase of 23.81%. Trevali mining’s zinc concentrate output in the third quarter of 2021 was 37400 tons, with a year-on-year increase of 11.22% and a month on month decrease of 5.61%. The output of zinc concentrate of several major mining enterprises decreased month on month in the third quarter, and the supply of zinc city decreased.

Galvanized sheet market fell

According to the data test of business society, the market of galvanized sheet continued to decline in November, limited by the impact of electricity, epidemic situation and demand decline. The price of galvanized sheet continued to decline in November and October. At present, it has fallen to the lowest level of this year. The demand of zinc market has declined, and there is great downward pressure in zinc market.

Market overview and future forecast

Analysts of the business community believe that due to the impact of limited electricity and epidemic situation, the supply and demand of zinc market were weak in November, and the downward pressure of zinc market was large. PMI rose in November, the domestic economy rebounded, manufacturing production activities accelerated, the market demand of manufacturing industry was expected to improve, and the downward space of zinc market was limited; Glencore zinc sulfide equipment maintenance, zinc supply is expected to decrease. Generally speaking, the future zinc market is expected to reduce supply, increase demand, increase the driving force of zinc price and weaken the downward pressure. Zinc prices are expected to hit the bottom and rebound in the future.

In November, MIBK market continued to decline. According to the monitoring data of business society, the market offer was 22025 yuan / ton on November 1 and 17833 yuan / ton on November 29, with an overall market decline of 19.03%. In terms of the market offer in East China, the market offer at the beginning of the month was 21500-22000 yuan / ton, the market offer at the end of the month was 17000-17500 yuan / ton, and the decline during the month was 4000-4500 yuan / ton. On the whole, the decline was large. As can be seen from the trend chart below, MIBK market was in a shock downward trend in November.

In November, the operating rate of MIBK industry increased, with an operating rate of more than 80%. The operating rate of enterprises is high, and the market supply is relatively sufficient. In the downstream, antioxidant digestion inventory is the main thing, while other downstream markets are depressed. When the products fall sharply, the market inventory is not willing. It is just needed to enter the market. The shipment rhythm of cargo holders is obviously under pressure. Some traders sell actively and have to reduce the price for shipment, and the market continues to fall.

Upstream acetone products fell first and then stabilized in the month. The acetone market fell significantly in the first ten days and tended to be stable in the second ten days. Taking the market offer in East China as an example, the market offer in East China was 6400 yuan / ton at the beginning of the month and 5600-5650 yuan / ton at the end of the month, with the market falling by 12.11%. In the downstream market, the rubber additives market is weak and downward, the prices of the mainstream varieties of crude funds continue to fall, and the antioxidant is dragged down by the cost.

Devices in the industry: the 50000 T / a MIBK device of Li Changrong in Zhenjiang was shut down on October 18 for about one month, the monthly operating rate of 15000 T / a MIBK device of Wanhua chemical was adjusted from 50% to 90%, and the 15000 T / a MIBK device in Zhenyang, Ningbo was shut down.

From the perspective of business cooperatives, the current operating rate of the industry is more than 80%, the market supply is sufficient, the wait-and-see situation of downstream procurement is heavy, the demand is low, and the shipment rhythm of cargo holders is not smooth. The supply of low-cost goods affects the mentality of the operators. The business society expects that the MIBK market will be weak in December.