On the 29th, the mainstream quotation range of tin ingots in domestic spot tin market was 211000-214000 yuan / ton, with an average price of 212500 yuan / ton, up 1000 yuan / ton from the previous trading day.

On Monday night, the LME non-ferrous metal market fluctuated, with mixed ups and downs. In the morning, the trading trend of Shanghai tin was mainly high oscillation and consolidation. As of the closing of the 29th, the settlement price of the main contract of Shanghai tin 2108 was 210800 yuan / ton, up 0.12%.

On the 29th, the spot market followed the early price rise of the futures market, tin price was still at an all-time high, fear of high sentiment appeared in the lower reaches, market trading was slightly light, and rigid demand procurement was maintained. In terms of demand, the recent improvement of the international economy has increased the demand for solder in the semiconductor and electronic industries, and the tin price is supported by a certain demand. On the supply side, affected by Myanmar, the import volume in June is expected to remain sluggish, and the supply of ore end is still tight. In terms of domestic tin ingots, the current power restriction policy has not been completely lifted, the output is expected to be tight, and the overall supply of the market is relatively small.

In the future, the tight supply will still support the high tin ingot price, and it is expected that the tin price will fluctuate at a high level in the short term

1、 Price trend

According to the data of the business club’s block list, the price trend of cryolite in Henan this week was stable. The average price of cryolite in Henan at the weekend was 6425 yuan / ton, which was the same as that at the end of last week, with a year-on-year increase of 14.73%.

2、 Market analysis

This week, the market of cryolite was stable temporarily. The cryolite plants of domestic manufacturers were running normally and started smoothly. As of 25th, the ex factory price of cryolite in Shandong was 6000-6500 yuan / ton, and that in Henan was 6300-6800 yuan / ton. The price of cryolite in Shandong was stable temporarily. At present, the price of cryolite is on the high side, the market supply is tight, and the enterprises reflect that the production capacity is low and the raw materials are tight, so there is no possibility of reducing the price of cryolite in the short term. The specific trend is to wait and see the upstream and downstream situation.

In terms of electrolytic aluminum, the price trend went up this week, with an increase of 2.18% in the week. The domestic aluminum social inventory was relatively low. The vigorous development of photovoltaic, new energy vehicles and other industries promoted the growth of aluminum demand. The downstream demand side consumption was strong, the aluminum social inventory continued to decline, the aluminum spot market went out obviously, and the later aluminum market trend may continue to rise.

3、 Future forecast

At present, the domestic manufacturers of cryolite have a stable start-up, and the quotation of enterprises is relatively high. Because the downstream demand is stable and the traffic and investment are stable, most manufacturers have a wait-and-see mentality, and the quotation of cryolite is stable in the short term. It is expected that the cryolite market will wait-and-see in the later period, and pay more attention to the downstream demand.

1、 Price trend

According to the price monitoring of the business association, on June 25, the average price of salicylic acid (industrial grade) mainstream manufacturers was 14250 yuan / ton, which was the same as that at the beginning of the week, with a month on month decrease of 2.84% and a year-on-year decrease of 2.84%. On June 24, the salicylic acid commodity index was 84.82, which was the same as yesterday. Compared with the highest point of 100.60 in the cycle (2011-09-19), it decreased by 15.69%, and increased by 18.75% compared with the lowest point of 71.43 on March 29, 2016（ Note: period refers to the period from September 1, 2011 to now

2、 Market analysis

This week, the salicylic acid market continued to be weak and stable, the enterprise quotation remained basically unchanged, the raw material phenol was frozen in finishing, the cost support was acceptable, and the carrier had no intention to lower the price. Due to the changes in the international situation, the export has weakened, the domestic market is relatively stable, the delivery of salicylic acid downstream products has slightly weakened, but the impact is limited, and the enterprises are under little pressure to sell with production. As of June 25, the average price of salicylic acid (industrial grade) mainstream manufacturers was 14250 yuan / ton. The quotation of industrial grade enterprises was mostly in the range of 13000-15500 yuan / ton, the quotation of pharmaceutical grade enterprises was mostly in the range of 23000-26000 yuan / ton, and the quotation of sublimation grade enterprises was mostly in the range of 17200-20000 yuan / ton. There was little change in salicylic acid of each grade.

In terms of raw materials, the domestic phenol market was in a volatile operation, with a slight stalemate in the market, little change in the fundamentals, weak negotiation atmosphere in the market, low intention of goods holders, and low price stability. However, the terminal factory’s replenishment mood was not good, the gas buying was not high, and just needed to follow up. The trading was flat. The business community expected the domestic phenol Market to be weak.

3、 Future forecast

Salicylic acid analysts of business news agency think: at present, the demand has weakened, the intention of raw material phenol is not strong, the cost support is still in, salicylic acid enterprises produce and sell with little pressure on shipment, and it is expected that the salicylic acid market will continue to be stable in the short term.

Recent price trend of calcium carbide

As can be seen from the above figure, the factory price of calcium carbide in Northwest China rose this week. This week, the average ex factory quotation price of mainstream calcium carbide manufacturers in Northwest China rose from 4400.00 yuan / ton on June 14 to 4683.33 yuan / ton on June 18, up 283.33 yuan / ton, or 6.44%, up 76.56% over the same period last year. Overall, the calcium carbide market rose this week, with the calcium carbide commodity index at 122.71 on June 18.

The upstream support is better, and the downstream purchase intention is strengthened

From the manufacturer’s quotation, the ex factory price of calcium carbide in Northwest China rose this week: oviganone’s quotation of calcium carbide this weekend is 4700 yuan / ton, which is 200 yuan / ton higher than that at the beginning of the week; The price of calcium carbide offered by Inner Mongolia Zoomlion this weekend is 4650 yuan / ton, which is 350 yuan / ton higher than that at the beginning of the week; Ningxia Xingping this weekend calcium carbide offer for 4700 yuan / ton, compared with the beginning of the week, the offer increased by 300 yuan / ton.

From the perspective of the upstream and downstream industrial chain of calcium carbide, in the upstream raw material market, the ex factory quotation of LAN Tan rose slightly this week. The quotation of Xiaoliao this weekend is 1200 yuan / ton, which is 50 yuan / ton higher than that at the beginning of the week; At the end of this week, Sinochem quoted 1200 yuan / ton, up 50 yuan / ton from the beginning of this week; Dali’s quotation this weekend is 1300 yuan / ton, which is 50 yuan / ton higher than that at the beginning of the week. The price of upstream raw materials rose slightly, and the cost support was good, which had a positive impact on the price of calcium carbide.

Downstream market, PVC factory prices fell slightly this week. This week’s PVC quotation fell from 9125.00 yuan / ton at the beginning of the week to 9062.50 yuan / ton at the end of the week, down 0.68%, up 43.00% year on year. Although the price of PVC dropped slightly this week, the market situation was good. The maintenance of PVC was completed, and the purchasing enthusiasm of downstream calcium carbide increased. On the whole, this week’s PVC market had a positive impact on the price of calcium carbide.

Lower demand weakened, the market fell slightly concussion

In late June, the calcium carbide market fluctuated slightly and fell mainly. The price of raw material blue carbon rose slightly, and the cost of calcium carbide was well supported. But downstream demand weakened, PVC market began to decline slightly. In the future, it is predicted that the price of calcium carbide in Northwest China may fall slightly in late June.

This week (6.15-18), the domestic market of ethyl acetate was stable. After the rising market of ethyl acetate in the first two weeks of June, the current market has stabilized, and the price is hovering at a high level. According to the monitoring of the business association, this week’s rise and fall was 0, and most of the quotations of major domestic manufacturers remained stable. After the Dragon Boat Festival, the market returned to rationality, the downstream procurement slowed down, and the superimposed supply gradually returned to stability. Therefore, the price of ethyl acetate stopped rising and stabilized. At present, the price is between 9700-9800 yuan / ton.

First of all, in terms of the upstream acetic acid market, the price of acetic acid is still strong. According to the monitoring of the business community, the price of acetic acid has risen slightly since the festival, with an increase of 0.79% this week (6.15-18) (as shown in the figure below). On the one hand, the operation rate of acetic acid is low, the supply of acetic acid is reduced due to the maintenance of the plant, which continuously supports the price. However, the high price of acetic acid brings pressure on the downstream ethyl acetate. In the later stage, it can not be ruled out that under the effect of the slowdown of purchasing demand, acetic acid has a callback.

In addition, from the perspective of ethyl acetate supply, some maintenance devices resumed operation after the festival. At present, the market supply is relatively stable. Due to the high price of upstream acetic acid, the downstream ethyl acetate manufacturers generally support the price to maintain the profit margin. However, the ex factory price stopped rising this week, and the enterprise has a trend of gradually accumulating stock.

From the perspective of supply and demand of ethyl acetate, the terminal demand entered the traditional off-season, and the market demand continued to be weak. After a previous round of price increase, the current price is still high. The downstream consumers are rational and resistant to the high price of ethyl acetate, and the number of households is affected to a certain extent, which makes the market more vulnerable.

In the future, ethyl acetate analysts from business clubs believe that ethyl acetate is currently facing the dual dilemma of high cost and low demand, with weak price rise. However, affected by weak demand, the market has a certain risk of callback, and the price may fall from a high level in the near future.

1、 Price trend

According to the monitoring data of the business community, the price of baking soda has been mainly adjusted recently. At the beginning of the week, the average market price is 1576.67 yuan / ton, while at the end of the week, the average market price is 1586.67 yuan / ton, up 0.63%. On June 18, the commodity index of sodium bicarbonate was 105.31, which was the same as yesterday, down 13.45% from 121.68 (2020-10-21), the highest point in the cycle, and up 19.30% from 88.27, the lowest point on December 22, 2020（ Note: period refers to the period from September 1, 2020 to now

2、 Market analysis

According to the news agency, the price of sodium bicarbonate is stable for the time being, and the shipment in the downstream market is acceptable. At present, the price of sodium bicarbonate in Henan Province is about 1550-1650 yuan, and the downstream demand is acceptable. It is expected that the price will be stable in the near future. The price of baking soda in Hebei is about 1550-1650 yuan / ton, which is the mainstream price in the market, and the downstream demand is acceptable.

In terms of raw materials: according to the monitoring data of the business community, soda ash in North China has been in stable operation temporarily. The current mainstream market price of light soda ash is about 1800-1900 yuan / ton. The downstream glass mainly purchases soda ash on demand. Generally speaking, the price of short-term soda ash is mainly consolidated. Soda ash in East China is in stable operation for the time being. The current mainstream market price of light soda ash is about 1700-1850 yuan / ton, and the downstream glass mainly purchases soda ash on demand. Generally speaking, the price of short-term soda ash is mainly consolidated.

Demand side: downstream medicine, textile and food mainly purchase sodium bicarbonate on demand, and the price of sodium bicarbonate has been consolidated recently. Business analysts believe that: domestic soda price consolidation operation. The overall trading atmosphere of soda ash is acceptable, and the enterprises are mainly active in shipping. The strong price of glass has a favorable support for soda, but soda is still mainly purchased on demand. In the downstream, medicine, textile and food mainly purchase baking soda on demand. Generally speaking, the price of baking soda may still maintain a narrow consolidation trend in the short term, depending on the downstream market demand.

Price trend

According to the data of business club’s block list, the domestic POM market was flat in the first half of June, and the spot prices of various brands were stable. As of June 16, the average offer price of the POM injection molding sample enterprises in the business community was about 15900 yuan / ton, which was flat compared with the average price at the beginning of the month.

Cause analysis

POM upstream formaldehyde, Shandong formaldehyde market fell in the first half of June, market trading atmosphere is relatively light, the transaction situation is poor. Methanol raw material market down, the overall trading atmosphere in general. Poor support for formaldehyde. At present, the north gradually enters the busy farming season, the operation rate of the downstream plate yard gradually declines, the demand for formaldehyde weakens, the purchasing enthusiasm declines, the atmosphere of formaldehyde trading market is light, the shipment is not smooth, and the market center moves down. Business community chemical branch formaldehyde analysts expect that the recent Shandong formaldehyde prices or a small decline.

Upstream prices fell in the first half of the month, and POM cost side support weakened. Recently, the domestic POM market accepted the stalemate at the end of May, and the wait-and-see atmosphere spread. At present, it is the off-season of the rubber and plastic industry, and the consumption of downstream factories is insufficient, so it is difficult to pull up the demand for just entering the market. Domestic POM spot price range is still not low, Tianye Chemical M90 reference price is about 15700 yuan / ton, real single negotiation. Yuntianhua M90 ex factory reference price quoted 16900 yuan / ton, firm offer negotiation. The POM unit of Shenhua Ningshan coal works normally. The reference price of mc90 is about 15100 yuan / ton, with cash withdrawal. However, the supply side of the market is still good, and the domestic supply is still tight. Coupled with the limited recovery of the industry’s operating rate, the spot price may continue to be deadlocked.

Future forecast

Analysts from business news agency believe that the domestic POM market is stable in the first half of June. Formaldehyde and methanol in the upstream have dropped, and the cost support of POM has been weakened. The tight market supply pattern remains unchanged, and the supply side is good for the market. In the off-season, the demand of downstream enterprises is short, and the orders are generally small. In addition, under the pressure of high cost, profits are compressed, and the terminal is in conflict with the high price of goods. The merchants have a wait-and-see mentality, and the willingness to support the price still exists. In the field of long and short game, tangled in the balanced operation. POM market is expected to remain stable in the near future.

1、 Price trend

According to the data of the business club’s block list, this week’s pure benzene showed a trend of first falling and then rising. On June 6, the price of pure benzene was 7800-8000 yuan / ton (average price 7910 yuan / ton), and on Sunday (June 13), the price of pure benzene was 7600-7750 yuan / ton (average price 7730 yuan / ton). The average price fell 180 yuan / ton, or 2.28%, compared with last week; Compared with the same period last year, it increased by 106.13%.

2、 Analysis and comment

At present, some downstream profits of pure benzene are in deficit, and the follow-up of pure benzene is weak. The rapid decline of styrene in the week dragged down the pure benzene mentality, and the price fell with it. This week, Sinopec cut the price of pure benzene by 150 yuan / ton to 7750 yuan / ton.

In terms of external market, the reference price of pure benzene in South Korea market on Friday (June 11) was 923 US dollars / ton, down 50.67 US dollars / ton, or 5.2%, compared with June 4; The import reference price of East China was 960 US dollars / ton, down 40 US dollars / ton or 4% from June 4

In terms of crude oil, the market demand outlook is optimistic, and the international oil price rises in shock. Brent rose $1.365/barrel, or 1.93%, on June 4; WTI rose $1.21 per barrel, or 1.74%.

Downstream: styrene: the price of styrene fell this week. On June 11, the price of sample enterprises was 8950 yuan / ton, down 6.77% from last week, and up 60.78% from the same period last year.

Aniline: the price of aniline froze in the early part of this week, and the price fell weakly near the weekend. On June 11, the price in Shandong was 8800-9100 yuan / ton; The price of aniline in Nanjing was 9000 yuan / ton, with an average price of 2.18% lower than last week; It increased by 13.5% over the beginning of the year and 97.79% over the same period last year.

3、 Future forecast

In terms of crude oil, the United States lifted sanctions on some individuals and entities in Iran, and Iran’s crude oil exports are expected to increase or depress oil prices. However, the recovery of demand is expected to be good as a whole, and the international oil price still has action power. In the future, we will continue to pay attention to the global epidemic situation, the latest OPEC + decisions, global economic data, US crude oil and refined oil inventory data, etc.

Downstream: styrene, the main downstream product: on the supply side, the unexpected maintenance of three units in China, namely, Anhui Jiaxi 350000 T / A, CNOOC shell phase II 700000 T / A and Hebei shengteng 80000 T / A, has disturbed the supply side. However, in view of the fact that most of the maintenance units have been restarted and new units have been put into production, the supply increment is expected to remain unchanged in June, but with the increase of domestic trade and imports to East China, The wharf will be in a state of continuous accumulation. On the downstream side, the demand of the downstream is weak, and the psychology of waiting to fall is strong. Styrene is expected to weaken in the short term.

Internationally, the recovery of crude oil is promising; The external price falls, the import arbitrage window opens, and the import volume of pure benzene is expected to increase in the later period. In China, the pure benzene units that were overhauled in the early stage have been restarted one after another, and the supply has been rising gradually; However, the short-term supply in the market is still tight. Overall, it is expected that the price of pure benzene will be sorted out next week. Continue to pay attention to the downstream market (mainly styrene inventory, demand changes), domestic and foreign pure benzene plant trends, crude oil, external market trends on the price of pure benzene.

1、 Price trend:

According to the data of the bulk list of business agencies, the domestic PA6 market was in a standstill in early June, and spot prices rose and fell. As of June 11, the main offer price of sample enterprises for Zhongwei 2.75-2.85 was about 14733.33 yuan / ton, a decrease of 1.14% compared with the average price in early May, with a year-on-year increase of 20.11%.

2、 Analysis of influencing factors:

Upstream caprolactam, domestic spot market in early June to undertake may high down market. International crude oil strength in the first ten days of this month, but the benzene external market continued to decline, and the peripheral news was empty. In addition, styrene continued to decline, dragging the center of gravity of pure benzene. At present, the atmosphere of the spot market of caprolactam is strong, and the demand of downstream enterprises has not improved, and the volume of investment is insufficient. The petrochemical plant cost pressure is increasing, the contract offer is stable, and caprolactam is expected to continue the game in the short term.

The spot market of PA6 in early June was also stable. At present, the cost end pressure of PA6 is still high, and the profit of the polymerization plant is limited. At the same time, it is also worth the traditional off-season of rubber and plastic industry. Downstream factory purchase operation is just needed to take goods, and follow up is slow. The transaction on the site is weak, and the actual delivery and investment are mostly small orders. In recent years, the inventory position of production enterprises and merchants has generally increased. The atmosphere in the field is not good, and the attitude of looking at the air is strong.

3、 Post market forecast:

Analysts of business society think: in the early June, the caprolactam market in the upper reaches of PA6 was adjusted narrowly, and the cost side of PA6 was temporarily stable. Downstream factories take goods mainly, end-user consumption is in off-season level, and the on-site delivery and investment is in short supply. The spot price of PA6 is expected to be in a standstill operation in the near future.

Trade name: dichloromethane

Latest price (June 9): 3976 yuan / ton

Key points of analysis: according to the monitoring of business news agency, the price of dichloromethane in Shandong was 3976 yuan / ton on the 9th, which was the same as the previous day. Recently, the factory price of some dichloromethane manufacturers in Shandong has been lowered. According to the monitoring of the business agency, as of June 9, dichloromethane bulk water of Shandong Luxi Chemical Co., Ltd. had been delivered in cash at 4050 yuan / ton; Shandong Jinling dichloromethane bulk water ex factory at 3940 yuan / ton, Dongying factory at 3940 yuan / ton. Recently, the overall operation rate of domestic methane chloride plant is around 70%, and the pressure of supply side is not large, which has certain support for dichloromethane.

Future forecast: the price of raw material liquid chlorine in Shandong is strong, and the cost is supported by dichloromethane; In addition to the current low inventory of methane chloride, it is expected that dichloromethane will continue to be high and strong in the future.