Category Archives: Uncategorized

Raw material cost stimulates plasticizer price to climb to peak again

Price trend

According to the data monitoring of business news agency, the DOP market rebounded this week, and the DOP price rose sharply. As of April 25, the DOP price was 12125.00 yuan / ton, up 4.75% from 11575.00 yuan / ton on April 18 last weekend. DOP market rebounded and rose this week, and DOP price climbed to the peak again.

Isooctanol tends to stabilize

It can be seen from the price trend chart of isooctanol that the price of isooctanol rebounded from the bottom in April and rose sharply. This week, the price of isooctanol rose sharply, the cost of DOP raw materials rose sharply, the downward pressure of DOP decreased, and the upward momentum increased. DOP market has the support of rising.

Phthalic anhydride tends to be stable

It can be seen from the trend chart of phthalic anhydride that the price of phthalic anhydride fluctuated and rose in April. This week, the price of phthalic anhydride rose sharply, the price of raw material phthalic anhydride of DOP rose, the cost of DOP rose, and the upward pressure of DOP in the future increased.

Market summary and future expectation

Bai Jiaxin, DOP data analyst of business society, believes that the prices of raw materials phthalic anhydride and isooctanol rose sharply this week, DOP costs rose, DOP market rose, PVC market fluctuated and maintained stability, PVC demand was stable, and downstream industry chain had certain support. Overall, the prices of phthalic anhydride and isooctanol rose sharply, the cost of DOP rose, the downstream PVC market was stable, and the DOP rise was supported greatly. It is expected that the DOP price will rise in the future.

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China’s domestic PMMA prices were stable this week (4.19-4.23)

According to the data monitored by the business community, as of April 23, the average price of domestic general transparent and premium PMMA products was 16800.00 yuan / ton, and the market maintained stable operation. The quotation range of mainstream manufacturers was 16000-17500 yuan / ton, with a large price span, and the downstream just needed to purchase.

PMMA is mainly used in the electronics industry and construction industry. In recent years, due to the sharp increase in the output of flat-panel TV sets and the rapid growth in the demand for vehicle mounted LCD, PMMA has great potential. The upstream phenol Market is strong, the market focus is about 9000 yuan / ton, the quotation of the on-site shippers is high, the delivery pressure is not big, the price is mainly increased, and the supplier’s delivery is flat.

Rubber and plastic index: on April 22, the rubber and plastic index was 793 points, down 3 points from yesterday, down 25.19% from 1060 points (2012-03-14), the highest point in the cycle, and up 50.19% from 528 points, the lowest point on April 6, 2020( Note: period refers to the period from December 1, 2011 to now

Business community PMMA analysts believe: in the short term, PMMA prices maintain a stable trend, supply and demand balance( If you want to get more information about goods and master the price of goods, you can subscribe to the business community through the official account of the business community.

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High level consolidation of ammonium sulfate price (4.12-4.16)

1、 Price trend

 

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According to the monitoring data of the business agency, the average price of domestic ammonium sulfate was 906 yuan / ton on April 12 and 906 yuan / ton on April 16, which was stable this week.

 

2、 Market analysis

 

The price of ammonium sulfate is stable this week. Coking grade ammonium sulfate is stable at a high level, and domestic grade ammonium sulfate Market is strong. By the end of the week, the mainstream ex factory price of coking grade ammonium sulfate in Shandong was 800-850 yuan / ton, that in Hebei was 770-830 yuan / ton, that in Shanxi was 750-840 yuan / ton, and that in Northeast was 700-800 yuan / ton.

 

The downstream compound fertilizer market is stable this week. The raw materials of compound fertilizer run at a high level, the cost support is favorable, and the trading atmosphere is not strong. At present, the demand for ammonium sulfate is general, and most of them are purchased on demand. The market is mainly wait-and-see, and the demand needs to be improved.

 

3、 Future forecast

 

Business agency ammonium sulfate analysts believe that the current demand for coking grade ammonium sulfate is not large, the transaction is general. There is still a conflict between the lower reaches and the price, so they buy on demand. It is expected that in the short term, ammonium sulfate will be mainly in high-level consolidation operation.

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April 20 NBR market continued to be weak

Trade name: nitrile rubber

 

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Latest price (April 20): 21900 yuan / ton

 

Key points of analysis: according to the monitoring of business news agency, the domestic price of NBR was 21900 yuan / ton on the 20th, down 1.50% compared with the previous day. On the one hand, the price of butadiene is at a low level and the cost is short. According to the business news agency, as of April 20, the price of butadiene was 6696 yuan / ton, down 9.69% from the beginning of April. On the other hand, after the festival, the demand of some downstream products factories was general, the inquiry was light, and the market merchant’s shipment was the main, and the offer was lowered. According to the monitoring of business news agency, on the 19th, the mainstream of Lanhua’s nitrile 3305 market was 20800 ~ 21300 yuan, the mainstream of Nandi 1052 market was 24500 ~ 25000 yuan / ton, the mainstream of Russia’s 3365 market was 19000 ~ 19200 yuan / ton, and the mainstream of South Korea’s lg6250 market was 20000 ~ 20500 yuan / ton.

 

Future forecast: the cost side is lower and the demand side is weaker. It is expected that the market price of NBR will remain weak in the short term.

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Hydrogenated benzene market price fell slightly this week (April 12-16)

From April 12 to 16, 2021, the ex factory price of hydrogenated benzene in North China decreased. The domestic ex factory price was 6575 yuan / ton at the beginning of the week and 6550 yuan / ton at the end of the week, with a weekly drop of 0.38%.

 

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Price rise and fall of domestic main hydrogenated benzene market from April 12 to 16 (unit: yuan / ton)

 

Region.. price on 12th, price on 16th, weekly rise and fall

Shandong area. 6600. 6550. – 50

 

This week (April 12-16), the market price of hydrobenzene in Shandong Province fluctuated slightly, with 6600 yuan / ton at the beginning of the week and 6550 yuan / ton at the end of the week, down by 75 yuan / ton.

 

In April 2021, Sinopec’s pure benzene listing price was raised four times, and now it is 7000 yuan / ton, among which Qilu Petrochemical is 6800 yuan / ton, and this week it is raised once, with a total of 150 yuan / ton.

 

At the beginning of the week, affected by the poor performance of styrene downstream of pure benzene, the price of domestic pure benzene market mainly declined, while the price of hydrogenated benzene followed the downward trend. Near the weekend, as the crude oil market continued to develop, styrene futures prices strengthened, and pure benzene prices rose. Sinopec’s pure benzene ex factory price rose on Thursday, which brought better support to the market. The market price of hydrobenzene rose slightly.

 

The business news agency believes that the international crude oil price is strengthening on the fundamentals, and Sinopec’s pure benzene factory price is rising again, which is good for the fundamentals of the hydrogenated benzene market and has good support. It is expected that the hydrogenated benzene market will have some room to make up this week.

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Methanol market price rises again

Recently, the domestic methanol spot market rose again. According to the monitoring of the business agency, as of April 16, the average price of domestic methanol manufacturers in Shandong was 2390 yuan / ton, with a month on month drop of 1.44% and a year-on-year rise of 33.71%. This week, the methanol market was weak first and then strong, mainly due to the increase of supply expectations, which depressed the mentality of the industry. However, the mainland and port inventory decreased, and some olefin outsourcing supported the late mentality.

 

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The methanol market first fell and then rose, with excessive supply and prominent contradiction between supply and demand, which led to weak operation of domestic methanol market. However, due to the decrease of inventory in the mainland and ports, the support mentality of some olefin outsourcing, and the upward trend of futures market, the domestic spot market price kept rising. Due to the low inventory of Northwest enterprises in the main production area and the support of methanol extraction from some olefin plants, some upstream enterprises have a strong mentality.

 

Summary of methanol market prices by Region as of April 16:

 

Region, price

Qinghai area: RMB 1920-1980 yuan / ton

RMB 2200 / T factory cash in Shanxi

Liaoning Province: 2280-2330 yuan / ton

Fujian area: 2650-2660 yuan / ton

Ex factory reference 2310-2360 yuan / ton ex factory cash

Anhui Province: 2380-2400 yuan / ton

RMB 2280-2285 / T in Henan

On the downstream side, the dimethyl ether Market was operating in a narrow range with general trading atmosphere. MTBE market continued to rise, with an increase of 50-100 yuan / ton. The formaldehyde market is stable and falling. The upstream methanol is up in a narrow range, which is strongly supported by the cost side. The regional rise of domestic acetic acid market continued.

 

In terms of external market, as of April 15, the closing price of CFR China methanol was 293.00-294.00 US dollars / ton, up 2 US dollars / ton; CFR Southeast Asia methanol was 370.00-371.00 US dollars / ton. US Gulf methanol closed at 120.00-121.00 cents / gallon; FOB Rotterdam methanol closed at 320.00-321.00 euros / ton.

 

Region, country, closing price, up and down

Asian CFR China $293.00-294.00/t $2 / T

Asia: US $370.00-371.00/t US $6.5/t

Europe and the United States ﹣ U.S. Gulf ﹣ 120.00-121.00 cents / gal ﹣ 0 cents / gal

Europe – FOB Rotterdam – 320.00-321.00 euro / ton – 0 euro / ton

In the future, in terms of spot, the inventory of Northwest enterprises is not high. In addition, some olefin plants are supported by methanol production, and some upstream enterprises have a strong mentality. In the later stage, the marginal supply tends to increase, while the marginal demand has no obvious change. Business community methanol analysts expect that the domestic methanol market in the short term consolidation.

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The market situation of domestic asphalt Market in China is mainly sorted out

Recently, the domestic asphalt market was sorted out. According to the monitoring data of the business agency, as of April 14, the average spot price of domestic asphalt was 3093 yuan / ton, which was stable compared with the previous day’s average price. The price fell 4.03% month on month and increased 36.57% year on year. Today, the domestic asphalt futures prices rose sharply, or more than 3%, which seems to be positive. However, the downstream demand for asphalt is still weak, and the domestic asphalt spot market is still dominated by consolidation shocks in the short term.

 

According to statistics, today’s domestic asphalt operating rate has dropped more than yesterday, and some people in the industry hold a positive wait-and-see attitude. However, the downstream demand for asphalt is relatively weak, and the southern region is still affected by rainfall, so it is difficult to further drive up the asphalt price.

 

In the future, in the short term, inventory pressure and demand recovery will slow down, which will affect the market. Business community asphalt analysts expect that the domestic asphalt market will be mainly in a narrow range.

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China’s domestic rubber grade silica market is stable

According to the data monitored by the business agency, as of April 13, the average price of domestic rubber grade high-grade silica was 4733.33 yuan / ton. The domestic rubber grade silica market was mainly stable, the downstream demand was general, the operating rate was normal, and the negotiation atmosphere was flat. The mainstream price range was 4000-5000 yuan / ton.

 

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The domestic rubber grade silica market has a stable overall trend with stable price. The main contract orders are the main ones, and the downstream just needs to purchase. The purchasing atmosphere is flat. The number of new orders is limited. Most of the new orders are mainly discussed. The merchants have a stable mentality and general negotiation atmosphere. The merchants are cautious in taking the goods and slow in shipping. The overall market supply and demand is balanced, the shipping is normal, and the inventory is general.

 

Chemical industry index: on April 12, the chemical industry index was 1009 points, up 5 points from yesterday, down 3.81% from the highest 1049 points (2021-03-10) in the cycle, and up 68.73% from the lowest 598 points on April 8, 2020. (Note: period refers to the period from December 1, 2011 to now)

 

Hydrochloric acid index: on April 12, the hydrochloric acid commodity index was 60.53, down 2.63 points from yesterday, down 39.47% from the highest point of 100.00 (2011-09-12), up 236.65% from the lowest point of 17.98 on September 5, 2012. (Note: period refers to 2011-09-01 to now).

 

Business community silica analysts believe that: in the short term, silica market operation is stable, downstream demand is limited. (to know more about the industry chain market trends, welcome to pay attention to the official account of the business community, obtain commodity information, and grasp the commodity price).

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On April 12, the price of dichloromethane rose slightly

Trade name: dichloromethane

 

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Latest price (April 12): 3823 yuan / ton

 

Key points of analysis: according to the monitoring of business news agency, the domestic price of dichloromethane was 3823 yuan / ton on the 12th, up 1.06% from the previous day. There is little pressure on domestic dichloromethane supply. According to the business community, at present, the overhaul of Jinling Dongying methane chloride plant has been completed, the plant is in the process of load increase, Jinmao is shut down, Luxi is in high load operation, and Dongyue is in 60% load operation. With the arrival of the peak season, the supply of downstream refrigerants has increased, and the demand is supported by dichloromethane. In addition, the price of liquid chlorine has been rising recently, and the cost is more supported. According to the monitoring of the business community, as of April 12, the mainstream ex factory price of liquid chlorine for tank cars in Shandong Province was about 2300 yuan / ton.

 

Future forecast: at present, there is little pressure on the supply side, supported by the cost and demand side. It is expected that the price of dichloromethane will rise slightly in the future.

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Salicylic acid market temporarily stabilized this week (4.5-4.9)

1、 Price trend

 

According to the price monitoring of the business association, on April 9, the average price of salicylic acid (industrial grade) mainstream manufacturers was 14500 yuan / ton, up 0.23% from the beginning of this week and 1.16% from the same period last year.

 

2、 Market analysis

 

After the Qingming Festival, the salicylic acid market continued to be stable with no obvious change in price. The price of raw material phenol rose steadily, and the cost support was acceptable. After the festival, the downstream just needed to replenish. The manufacturer’s equipment was fully opened, and there was no inventory pressure, so the price was firm. As of April 9, the quotations of salicylic acid industrial level enterprises are mostly in the range of 13000-15500 yuan / ton, pharmaceutical level enterprises are mostly in the range of 23000-25600 yuan / ton, and the quotations are stable, while sublimation level enterprises are mostly in the range of 15000-20000 yuan / ton, and the quotations are stable.

 

In terms of raw materials, the reference price of phenol was 8680.00 on April 8, up 1.64% compared with 8540.00 on April 1. The focus of domestic phenol market increased slightly, reaching 8650-8700 yuan / ton. The low spirits of the cargo holders turned to be weak. However, the downstream terminal gas buying did not change much, the delivery was not smooth, the focus of the market was not strong, and the trading volume needed to be improved. It is estimated that the domestic phenol market will be strong and the negotiation will be 8650-8700 yuan / ton.

 

On April 8, the reference price of sulfuric acid was 520.00, up 0.64% compared with that on April 1 (516.67). On April 9, the market of sulfuric acid in Shandong Province rose. The sulfur market in the upper reaches of Shandong Province was recently consolidated at a high level, and the cost support was good. However, the purchasing enthusiasm in the lower reaches was general, the supply of sulfuric acid was normal, and the ex factory price of sulfuric acid in the future fluctuated slightly.

 

On April 8, the salicylic acid commodity index was 86.11, which was the same as yesterday, decreased by 14.40% from the highest point of 100.60 (2011-09-19) in the cycle, and increased by 20.55% from the lowest point of 71.43 on March 29, 2016. (Note: period refers to the period from September 1, 2011 to now)

 

3、 Future forecast

 

Salicylic acid analysts of business news agency think: after the holiday, the salicylic acid market continues to be stable, and the price has no obvious change. At present, the supply and demand are relatively stable, and it is expected that the salicylic acid price will continue to be stable in the short term.

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