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The price of potassium nitrate rose in January

According to the data monitored by the business agency, the quotation of domestic first-class industrial potassium nitrate was 4100.00 yuan / ton on the 1st, 4175.00 yuan / ton on the 28th, with an increase of 0.91%. The current price has increased by 0.91% on a month on month basis, and the current price has decreased by 3.75% on a year-on-year basis.

 

Gamma Polyglutamic Acid

In January, the domestic potassium nitrate market continued to rise. Due to the tight supply of domestic potassium, some regions turned to import potassium. The floor trading atmosphere was good, and the supply of goods on the market was insufficient. Downstream factories just needed to purchase in the early spring festival. The potassium nitrate manufacturers had a positive attitude, and the potassium nitrate market rose. According to the statistics of the business society, this week the domestic mainstream potassium nitrate manufacturers quoted 4000-4500 yuan / ton (quotation for reference only) According to the different purchasing situation, the quotation is different.

 

Recently, the quotation of mainstream potassium chloride manufacturers is temporarily stable: the ex factory quotation of Qinghai Salt Lake potassium chloride at the weekend is 2050 yuan / ton, which is temporarily stable compared with that at the beginning of the week; the distribution quotation of Anhui Badou potassium chloride at the weekend is 2300 yuan / ton, which is temporarily stable compared with that at the beginning of the week. Recently, the supply of new products in the potassium chloride market is relatively limited, and the ports are shipping in succession, and the market is consolidation at a high level.

 

In the near future, the new arrival of potassium chloride in domestic ports is relatively limited, the inventory in the field is low, and the cost support is good. It is expected that the potassium nitrate Market will rise slightly in the short term, and the long-term market still needs to wait and see. (the above prices are provided by the main manufacturers of potassium nitrate all over the country and sorted out and analyzed by the potassium carbonate analysts of the business society. They are for reference only. For more price details, please contact the relevant manufacturers for consultation).

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Caprolactam price stops falling

Price trend

 

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According to the data of the business club’s block list, the domestic caprolactam market in late January was warmer than that in the first half of the month, and the spot price showed a certain correction, but the current price is still lower than that at the beginning of the month. As of January 27, the average offer price of caprolactam sample enterprises in the business community was 10683.33 yuan / ton, a decrease of 2.88% compared with the average price level at the beginning of the month.

 

quotations analysis

 

At the beginning of this month, the domestic caprolactam price continued the high callback at the end of last year. After the festival, the spot price continued to decrease due to the recovery of supply. However, in the second half of the month, there were changes in the supply side. The load of Haili chemical plant was low, and the operation rate of Baling Hengyi fluctuated. At present, Shandong Luxi Chemical caprolactam liquid price 10750 yuan / ton, cash factory, factory capacity of 300000 tons, the actual deal can be discussed. Nanjing Dongfang caprolactam liquid price 11600 yuan / ton, 400000 tons / year, about 80% of the unit operating rate. Baling Hengyi caprolactam liquid price 11300 yuan / ton, 450000 tons / year plant is now back to normal operation, acceptance delivery. The price of caprolactam liquid in Baling Petrochemical Company is 11300 yuan / T. The 300000 t / a unit is normally started and delivered by acceptance.

 

The price of upstream pure benzene has recently declined. Although the news of crude oil and external market is good, the inventory of downstream raw materials is high, and the enthusiasm of stock preparation and purchase before the festival is not high; moreover, the spot price of domestic pure benzene declines due to the impact of the low price of northern hydrogenation benzene. On Monday, the total inventory of pure benzene in East China port was about 5000 tons lower than last week. News within the week Brunei Hengyi benzene plant failure, is expected to have a certain impact on later shipping. Affected by the public health events and the rain and snow weather in the north, many downstream units are expected to stop, and the demand for pure benzene is weakening. Styrene is still expected to decline, which may drag down pure benzene. However, crude oil, high support outside the market, pure benzene is expected to decline little.

 

Future forecast

 

Business community caprolactam analysts believe that: at present, the upstream pure benzene market is general, and the cost support for caprolactam is weakened. At present, the domestic caprolactam market is mainly oriented by the supply side, and the supply is tight in the second half of January, driving the price to pick up. The trading atmosphere of downstream PA6 improved, the operating rate was acceptable, and the increase of just needed replenishment also supported the price of caprolactam. However, in the near future, the supply and demand of caprolactam market tends to be balanced. It is expected that caprolactam market will gradually enter the pre festival market, and the market will be light with a narrow range of material price adjustment.

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Dimethyl ether prices fall

The end of January is coming, and the trend is in contrast with that of the first ten days. In the last ten days, the dimethyl ether Market opened a downward channel, and the price dropped one after another. According to the data monitoring of business news agency, the average price of dimethyl ether in Henan market was 3540.00 yuan / ton on January 17 and 3480.00 yuan / ton on January 25, down 1.69% in the week. As of January 25, the domestic market prices of dimethyl ether are as follows:

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Region specification Date Quotation

Mass fraction of dimethyl ether in Shandong area: ≥ 99.0% on January 25th > 3360-3530 yuan / ton

The mass fraction of dimethyl ether in Hebei area: ≥ 99.0% on January 25th to 3350 yuan / ton

The mass fraction of dimethyl ether in Henan area: ≥ 99.0% on January 25th to 3390 yuan / ton

In the last ten days, the dimethyl ether market fell mainly. Although the overall decline was not large, the market lacked positive support. Take Henan xinlianxin as an example. On January 17, the ex factory quotation of Henan xinlianxin dimethyl ether was 3560 yuan / ton. On January 25, the price fell to 3460 yuan / ton. In one week, it fell by 100 yuan / ton, and the price returned to below 3500 yuan / ton.

 

First of all, in terms of raw material methanol, according to the data monitoring of the business community, Shandong methanol market began to decline continuously from January 13. Until January 25, the price did not rise, and the overall trend was weak. The falling cost has brought some pressure on the dimethyl ether Market. The second is the LPG civil market. The international crude oil fell in shock. The news is bad. The market mentality is cautious. The downstream mentality is mainly wait-and-see. The manufacturer’s shipment is blocked and the inventory is increasing. The factory price is continuously reduced and the profit is given priority to the shipment. Civil gas market fell, gas ether price gap gradually narrowed, dimethyl ether affected by this, followed the decline.

 

At present, the civil gas market continues to be weak, and the decline rate is increasing, which has a significant impact on the dimethyl ether Market. Although the market operation rate has decreased compared with the previous period, the demand is weak, the enthusiasm for downstream market entry is not there, the mentality is cautious, and most of them withdraw from the market and wait-and-see. The manufacturer’s shipment is not smooth, the inventory pressure is rising, and the market is lack of obvious advantages. It is expected that the dimethyl ether market will continue to be weak in the short term, and there is still a possibility of decline.

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Nitric acid price stable this week (1.18-1.22)

1、 Nitric acid market price trend chart

 

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Nitric acid price curve

 

According to the monitoring of business society, the average price of nitric acid in domestic areas this week is 2016 yuan / ton, and the quotation is temporarily stable. At the beginning of the week, local quotations fell.

 

2、 Market analysis

 

Anhui Jinhe quoted 1950-2000 yuan / ton, flat compared with last week; Shandong helitai Chemical Co., Ltd. quoted 2100 yuan / ton, down 100 yuan / ton compared with last week; Wenshui Synthetic Chemical Co., Ltd. quoted 1950 yuan / ton of concentrated nitric acid, 930 yuan / ton of dilute nitric acid, flat compared with last week; Shaanxi Xinghua Chemical quoted 1900 yuan / ton of concentrated nitric acid, flat compared with last week. Near the Spring Festival, the market demand of nitric acid is general, and the quotation of manufacturers is basically stable.

 

According to the monitoring of the business community this week, the mainstream price of the upstream liquid ammonia in Shandong is 3200-3300 yuan / ton, with an increase of 100 yuan / ton; the price of aniline in the downstream is mainly stable this week. On January 24, the price of aniline in Shandong was 7800-7900 yuan / ton; in Nanjing, the price of aniline was 8000-8100 yuan / ton, the average price was the same as last week.

 

3、 Future forecast

 

Nitric acid market demand in general, business community nitric acid analysts expect, nitric acid or consolidation based.

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Potassium carbonate market price rose this week (1.18-1.22)

According to the data monitored by the business agency, the average ex factory tax price of domestic light potassium carbonate was 6500.00 yuan / ton on the 18th, and 6575.00 yuan / ton on the 22nd, an increase of 1.15%. The current price increased by 1.54% month on month and 3.75% year on year.

 

Gamma Polyglutamic Acid

Recently, the domestic potash market is becoming stronger. The inventory of various manufacturers is at a low level, and the market supply is tight. Most downstream factories take goods according to orders. There is less circulation of bulk goods in the trading market. Traders are mainly supplied by old customers. Potash manufacturers have a positive attitude, and the market is soaring. According to the statistics of the business society, the mainstream ex factory quotation range of domestic industrial grade potassium carbonate this week is about 6400-6700 yuan / ton (the quotation is for reference only), and the quotation is different according to the different procurement situation.

 

Recently, the quotation of potassium chloride mainstream manufacturers remained at a high level: on January 22, the potassium chloride equipment of Qinghai Salt Lake Potash Fertilizer Co., Ltd. operated normally. The ex factory quotation is 2050 yuan / ton, the quotation is temporarily stable, and the actual transaction price is mainly through negotiation. On January 22, Anhui Badou Chemical Co., Ltd. quoted 2300 yuan / ton for potassium chloride distribution, which was temporarily stable. The actual transaction price was mainly through negotiation. This week, potassium chloride market inventory low, market high consolidation.

 

Analysts of potassium carbonate from business news agency believe that domestic potassium chloride manufacturers have been overhauling in recent years, and the production of devices has been continuously reduced, with less inventory in the field. It is expected that the price of potassium carbonate will mainly rise in the short term, and the long-term market still needs to wait and see. (the above prices are provided by the main manufacturers of potassium nitrate all over the country and sorted out and analyzed by the potassium carbonate analysts of the business society. They are for reference only. For more price details, please contact the relevant manufacturers for consultation).

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Mixed xylene prices rise this week (January 11 – January 17)

1、 Price trend

 

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According to the data of business club’s block list, the domestic market price of mixed xylene showed an upward trend this week. Xylene price was 3930 yuan / ton on January 10, and 4110 yuan / ton on this Sunday (January 17), 170 yuan / ton higher than last week, or 4.31%.

 

2、 Analysis and comment

 

Within the week, Sinopec’s xylene increased by 100-200 yuan / ton. In terms of external market, as of January 15, the price of imported xylene from South Korea was 583 US dollars / ton, up 1 US dollars / ton or 0.17% compared with January 8; the price of imported xylene from East China was 591 US dollars / ton, down 1 US dollars / ton or 0.17% compared with January 8. The good news of crude oil in the week supported the domestic xylene market price to rise. This week, the xylene inventory of East China port was about 80700 tons, down 15400 tons compared with last week.

 

In terms of crude oil, international oil prices fell after rising this week, which was lower than last week. Compared with January 8, Brent fell by $0.775/barrel, or 1.42%; WTI rose by $0.16/barrel, or 0.31%. Compared with December 31, 2019, Brent decreased by 24.38% and WTI decreased by 19.98%.

 

Downstream, PX market, the domestic PX price this week is more stable than last week, Sinopec’s listed price is about 4700 yuan / ton, a year-on-year decline of 31.88%. As of January 15, the closing prices of p-xylene market in Asia were US $671-673 / T FOB Korea and US $689-691 / T CFR China.

 

In terms of PTA market, the price of PTA in East China fluctuated slightly this week. On January 17, the price was 3900 yuan / ton, down 0.2% and 20.14% year on year. As of January 15, PTA industry operating rate was 81.36%.

 

In the ox market, the price of ox fell this week. The price of ox in East China was 4700 yuan / ton, down 300 yuan / ton or 6% from last week. The downstream market is weak and the demand is general. The transaction of o-benzene is weak, and the market of o-benzene is weak.

 

3、 Future forecast

 

Xylene analysts from business society chemical branch think: first, look at the supply cost side, the implementation of OPEC + production reduction, the total number of oil drilling platforms in the United States, and weekly EIA and API inventory data. Second, on the demand side, the impact of the global epidemic on crude oil demand, the progress of industrial chain recovery, and the economic and trade situation in Europe and the United States. Third, look at the geopolitical situation in the Middle East, China and the United States, the progress of new technology, the dollar index and stock market linkage.

 

Affected by the public health events in Hebei and the rain and snow weather in northern China, transportation is limited, and some domestic downstream terminal plants are expected to shut down one after another, resulting in weaker demand for xylene. Toluene prices are expected to fluctuate and consolidate next Tuesday. Continue to pay attention to the situation of downstream stock before the Spring Festival, and the impact of gasoline blending price trend on xylene price.

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The price of sulfuric acid in Shandong was temporarily stable this week (1.11-1.15)

1、 Price trend

 

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This week, the distribution price of sulfuric acid in Shandong Province was temporarily stable, with the quoted price of 317.50 yuan / ton. Overall, this week’s sulfuric acid market was temporarily stable, with the sulfuric acid commodity index at 49.42 on January 15.

 

2、 Market analysis

 

From the quotation of manufacturers, the price of mainstream sulfuric acid manufacturers in Shandong Province was temporarily stable this week, with large inventory and general downstream demand. At the end of the week, Heze Jiangyuan quoted 460 yuan / ton, which was temporarily stable compared with the beginning of the week; Zouping Tianlu quoted 290 yuan / ton, which was temporarily stable compared with the beginning of the week; Jinan Yuanfei quoted 400 yuan / ton, which was temporarily stable compared with the beginning of the week; Taiyuan kunshengda quoted 120 yuan / ton, which was temporarily stable compared with the beginning of the week.

 

From the perspective of the upstream and downstream industry chain, the sulfur market in the upstream has risen slightly recently, and the cost support is good. However, the market prices of monoammonium phosphate, diammonium phosphate and bromine in the downstream rose slightly, which had a positive impact on sulfuric acid.

 

3、 Future forecast

 

In late January, the sulfuric acid Market in Shandong may fluctuate slightly. The price of sulfur in the upper reaches has been consolidated at a high level in recent years, the market in the lower reaches is better, the purchasing enthusiasm of sulfuric acid in the lower reaches is normal, and the product trend rises under the contradiction between supply and demand. Business community sulfuric acid analysts believe that the short-term Shandong market in the supply and demand and raw materials and other aspects of the impact of sulfuric acid market or small shock rise.

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EPS gets cost support and price rises slightly

1、 Price trend

 

This week, the EPS market has a good trading direction. At present, the styrene market is rising obviously, the cost support price is rising slightly, and the market transaction is picking up. However, the mentality of downstream businesses is different, and the replenishment mood is cautious.

 

2、 Market analysis

 

Ex factory: Zhongshan Taida EPS ex factory price is stable, material acceptance price is 8600 yuan / ton, fuel acceptance price is 8900 yuan / ton, firm offer negotiation. East China’s EPS factories are limited in production and parking, some brands are in tight supply, some businesses are replenishing goods in an appropriate amount, and traders are cautious in operation, with fast in and fast out focusing on profits. As of January 14, Jiangyin Jianlong’s ordinary material was 8350 yuan / ton, up 250 yuan / ton, or 3.09% on a month on month basis, and its fuel was 8650 yuan / ton, up 250 yuan / ton, or 2.98% on a month on month basis.

 

3、 Future forecast

 

It is expected that the domestic EPS price will be stronger in the short term, and weaker in the medium and long term.

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Cost weakening, ABS prices continue to shock callback

Price trend:

 

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According to the data of business club’s block list, the domestic ABS market was weak and volatile in early January, and the spot prices of various brands were down. As of January 12, the mainstream offer price of general ABS was about 15450 yuan / ton, down 1.90% from the average price level in early January.

 

Factor analysis:

 

ABS upstream Styrene Market finishing up slightly. In the first ten days of this year, the international crude oil price went up, the pure benzene was benefited, the external ethylene rose, the spot offer was strengthened, and the styrene cost support surface was strengthened. In January, the inventory of northern styrene enterprises decreased, the impact on East China arbitrage weakened, the price of production enterprises rose again, the cost support and some downstream replenishment transactions supported the market to open higher. And the terminal inventory continued to rise, the emergence of class library, on-site supply increased. The overall downstream production and sales declined, but some of the downstream began to prepare for the holiday in succession. The market transactions were improved, and the price rise of production enterprises followed up. It is expected that there is still room for styrene to rise in the short term.

 

Butadiene market continued to be weak in the near future, with a large decline. According to the monitoring of the business community, the average price of the sample data as of the 12th was 7170 yuan / ton, down 7.50% from the average price at the beginning of the month. With the gradual release of production after the restart of some domestic units, the market supply side has increased significantly. In addition, the external price has been declining and the supply pressure is still there. In the first ten days of January, the butadiene market was obviously weak due to the supply side drag. At present, the supply price of Sinopec, the main producer, continues to decline, and the market confidence is weak, generally bearish. Short term domestic butadiene market may be difficult to improve.

 

In the first ten days of January, the domestic ABS market continued its downward trend, the upstream butadiene fell a lot, and the cost support weakened. The domestic ABS supply is relatively stable, and the spot stock begins to decrease. The current time point is close to the Spring Festival, and the medium and long-term demand is empty. The market atmosphere is not strong, and the transaction price is low. However, recently, downstream factories have been buying at bargain hunting, and there are stock operations before the festival, which, to a certain extent, lift the market price.

 

Future forecast:

 

Business analysts believe that: in early January, the ABS market was weak, and the prices of various brands fell. On the cost side, the overall bad news is ABS, and the support of cost side is weakened. At present, in addition to the individual terminal stock hot brands in short supply, ABS spot supply is relatively sufficient. The market is about to turn into the off-season of Spring Festival holiday demand, and it is expected that the domestic ABS price will continue to decline in the near future.

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Hydrochloric acid prices in North China stabilized temporarily this week (1.4-1.8)

1、 Price trend

 

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This week, the comprehensive price of hydrochloric acid in North China was temporarily stable, at 280.00 yuan / ton, down. Overall, the hydrochloric acid market is stable this week, with the hydrochloric acid commodity index at 46.05 on January 8.

 

2、 Market analysis

 

From the manufacturer’s quotation, this week’s hydrochloric acid Market manufacturer’s quotation is temporarily stable, the overall market is general. Taiyuan kunshengda hydrochloric acid quotation is 480 yuan / ton, the quotation is temporarily stable; Dezhou Shihua hydrochloric acid quotation is 550 yuan / ton, the quotation is temporarily stable; Wenshui synthetic hydrochloric acid quotation is 240 yuan / ton, compared with the beginning of the week, the quotation is temporarily stable; Jinan Yuanfei hydrochloric acid quotation is 300 yuan / ton, compared with the beginning of the week, the quotation is temporarily stable; Dezhou Maihua hydrochloric acid quotation is 100 yuan / ton, compared with the beginning of the week, the quotation is temporarily stable.

 

From the perspective of the upstream and downstream industry chain of hydrochloric acid, the market of liquid chlorine in the upstream is general, which gives weak support to hydrochloric acid, while the market prices of silica and ammonium chloride in the downstream have a slight drop, which has a negative impact on hydrochloric acid. Hydrochloric acid market as a whole fell this week, hydrochloric acid shipment is still a big problem.

 

3、 Future forecast

 

The recent market of liquid chlorine in the upper reaches is general, while the market of silica and ammonium chloride in the lower reaches falls. Business community analysts believe that hydrochloric acid in the recent small shocks, mainly down.

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