1、 Price trend

According to the data of business agency, on September 11, the average price of domestic LNG was 2430 yuan / ton, up 0.43% compared with the beginning of the week, 1.94% lower than the beginning of the month, 4.45% month on month, and 21.42% lower than the same period last year.

2、 Analysis of influencing factors

This week, the price trend of domestic liquefied natural gas is relatively strong, and some regions have made a small increase. Recently, the market has been relatively stable. Some liquid factories’ shipment situation has improved, the pressure has been reduced, and the liquid price has increased slightly. Among them, Shanxi, Sichuan, Ningxia and other places have adjusted their prices more actively, while other regions have remained stable and wait-and-see market. In terms of the receiving station, the performance was stable with little fluctuation. At present, the downstream demand is stable, there is no large volume, and the market trading is not warm. With the resumption of production of maintenance enterprises, the market supply is more and more abundant, the situation of supply exceeding demand is still the same, and there is little room for upward market price. Although there are price fluctuations in some regions, the overall market is gradually stabilizing. It is expected that consolidation will be the main trend in the short term.

In terms of supply and demand, the overall operating rate of this week is above 60%, and the maintenance season is coming to the end. With the resumption of production and sales of Hubei Huanggang and Inner Mongolia Paisi liquid plants, the overall market operating rate will continue to increase. Recently, the arrival of the ship is more intensive, and the market supply is still abundant. China imported 9.362 million tons of natural gas in August, up 2.015 million tons month on month (MOM), up 27.4%, according to the General Administration of customs. In terms of demand, the demand for vehicles has recovered, the sales volume of gas stations has increased, the performance of industrial gas consumption is average, the overall market demand has not changed significantly, and the market trend still needs time to verify.

According to the data monitoring of business agency, as of September 11, the average price of domestic liquefied natural gas was 2430 yuan / ton, that of Inner Mongolia was around 2390 yuan / ton, that of Shaanxi was 2470 yuan / ton, that of Shanxi was 2590 yuan / ton, that of Xinjiang was 2330 yuan / ton, and that of Ningxia was 2370 yuan / ton.

Enterprise capacity rose and fell from September 11 to September 7

Inner Mongolia Shitai 550000 cubic meters / day 2350 yuan / ton 2350 yuan / ton

Star energy 1 million cubic meters / day 2380 yuan / ton 2380 yuan / ton

Inner Mongolia Sentai 1.2 million cubic meters / day 2380 yuan / ton 2380 yuan / ton

Zhongyuan green energy 3 million cubic meters / day 2350 yuan / ton 2320 yuan / ton 30 yuan

Shengdazi Prefecture: 1 million cubic meters / day: 2420 yuan / ton: 2440 yuan / ton – 20 yuan

Dazhou Huixin: 1 million cubic meters / day: 2930 yuan / ton: 2900 yuan / ton

Ningxia Hongxing 1 million cubic meters / day 2380 yuan / ton 2360 yuan / ton 20 yuan

Qinshui Xinao – 2650 yuan / ton 2600 yuan / ton 50 yuan

Xinjiang Qinghua: 300000 cubic meters / day 2600 yuan / ton 2600 yuan / ton

Naomao Lake in Xinjiang (east of Lanzhou) 1.5 million cubic meters / day 1900 yuan / ton 1750 yuan / ton 150 yuan

Downstream methanol, domestic methanol market continued to rise, the rise was slower than last week. At the beginning of the week, affected by the strong trend of futures, the quotation of methanol market in various regions also went up to varying degrees, among which the rise in Shandong and Shanxi was obvious. At the end of the week, with the crude oil plummeting, the chemical products prices generally fell, and the high quotation of methanol market dropped. Some production enterprises temporarily shut down their devices, and the enterprise shipment was fair, and the manufacturer’s offer was firm. The methanol analysts of the business club predict that the domestic methanol market will fluctuate at a high level in the short term.

The liquid ammonia market is still in the period of market adjustment since the market experienced an upward market in mid and early August. Basically, supply and demand are mainly balanced. In addition, some plants are still in the maintenance period, and it is expected that the ammonia volume will remain moderate in the short term. Therefore, it is expected that the domestic liquid ammonia market will remain strong in the near future. However, with the recovery of large plants in Shandong Province, the gradual accumulation of ammonia quantity is not ruled out, and the possibility of price decline in mid September is not ruled out.

Urea, the market fluctuated slightly, fell to. The upstream liquid ammonia dropped slightly recently, and the cost support was general. However, domestic demand is weak, agricultural demand has not yet started, and industrial demand follows the market and purchases on demand. At present, the price in Shandong is about 1660-1720 yuan / ton, and it is expected that the short-term urea market will fluctuate slightly.

Dichloromethane: at present, the dichloromethane market in Shandong Province is on the wait-and-see stage after the rise. In the early stage, the price of liquid chlorine of raw materials is high. In addition, some traders began to prepare goods before the festival. The price of dichloromethane is rising. Recently, the enthusiasm of downstream market to receive orders has declined, and the market transaction situation has become weak. The owner is mainly on the wait-and-see manner. At present, the price of dichloromethane in Shandong is about 2250-2280 yuan / ton, that of Jiangsu Liwen is about 3000 yuan / ton, and that of Jiangxi Liwen is about 2400 yuan / ton. Although the purchase intention of downstream market is weak, the price of dichloromethane will remain relatively strong, and it is necessary to pay attention to the cost side.

3、 Future forecast

LNG analysts from the business agency believe that: in September, downstream demand has improved, some liquid plants have a good shipping atmosphere, and prices have risen slightly. However, the preliminary maintenance enterprises are coming back to production one after another. The market supply is increasing, and there is little room for the liquid price to rise. The market as a whole is gradually stabilizing. It is expected that consolidation will be the main trend in the short term, with small fluctuations in some regions.

According to the data monitored by the business agency, as of September 11, the average price quoted by domestic premium DMF enterprises was 6766.67 yuan / ton. This week, the domestic DMF market has been running stably. At present, the market supply and demand are balanced, and the downstream inventory is low and replenished on demand. The negotiation atmosphere is dull.

As of September 11, Luxi Chemical Industry quoted 6500 yuan / ton, Zhangqiu Riyue 6800 yuan / ton, Hualu Hengsheng 7000 yuan / ton, Shaanxi Xinghua 6200 yuan / ton, East China 6900-7000 yuan / ton, South China 7200-7300 yuan / ton.

The upstream methanol just needs to be purchased, crude oil goes up, the cost price is firm, the current shipment is smooth, and the transaction order is limited.

The chemical index on September 10 was 713 points, up 3 points compared with yesterday, 29.82% lower than 1016 points (2012-03-13), and 19.23% higher than 598 points, the lowest point on April 8, 2020. (Note: period refers to 2011-12-01 to now)

DMF analysts believe that: in the short term, DMF market is mainly stable, and the range of price fluctuation is limited. (the above prices are provided by major DMF manufacturers all over the country and analyzed by business DMF analysts for reference only. Please contact relevant manufacturers for more price details.)

In the first week of September, dimethyl ether market again ushered in an upward trend. According to the data monitoring of the business agency, the average price of dimethyl ether in Henan market on September 1 was 2210.00 yuan / ton, and that on September 7 was 2270.00 yuan / ton, up 2.71% during the period, down 4.08% compared with August 1.

Regional, specification, date and mainstream price

The mass fraction of dimethyl ether in Shandong area: ≥ 99.0%, 2370 yuan / ton on September 7th

Mass fraction of dimethyl ether in Hebei area: ≥ 99.0%, 2520 yuan / ton on September 7

The mass fraction of dimethyl ether in Henan area: ≥ 99.0% September 7 2240-2355 yuan / ton

In August, the rebound of dimethyl ether was blocked for many times, and the market “fell more and more bravely”. In the first week of September, a new round of rebound was ushered in, and the trend showed signs of recovery. The good news this time mainly comes from the cost of methanol. As the raw material market price rises sharply, the market mentality is boosted. Under the pressure of high cost, the manufacturers have strong mentality and have no intention of falling. This rise, Henan as the main production area, due to the market supply is sufficient, but the terminal demand is stable, there is no obvious change, the rise is slightly weaker. And Hebei and Shandong increased more significantly. Take Hebei Jichun as an example, since September 1, the manufacturer has raised the ex factory price for several consecutive days. From September 1 to 7, the factory price rose from 2350 yuan / ton to 2520 yuan / ton, and increased by 270 yuan / ton within 7 days, which is more obvious.

Henan Province, the main production area, rose narrowly in the early stage, but it increased significantly on September 7. At present, most of the upstream inventory in Henan market is in the middle level. In the downstream buying and rising mentality, the enthusiasm of entering the market has been improved, and the market transaction atmosphere is good. Hebei and Shandong upstream mentality is relatively strong, shipping atmosphere is mild.

In terms of cost, the domestic methanol market experienced a sharp rise in one day, and then continued to rise on the 7th. Some manufacturers increased the ex factory quotation by about 30-50 yuan / ton. The quotation of methanol market in various regions has also increased to varying degrees, among which Shandong and Shanxi regions have obvious upward trend. The main factors of this week’s price rise are the positive futures driven, as well as the favorable impact of the recovery of downstream demand. In the short term, the positive factors will still remain for a period of time, traders are full of bullish mentality. The methanol analysts of the business club predict that the domestic methanol market will fluctuate at a high level in the short term.

The civil LPG market has entered September. Although it has entered the traditional sales peak season, it takes time for the terminal demand to improve, and there is no obvious change, and the consumption is still slow. Moreover, the decline of international crude oil has depressed the market mentality, and the lower reaches have insufficient confidence in the future market. They are more cautious and wait-and-see, and their enthusiasm for entering the market is not high. The market transaction atmosphere is not good, manufacturers are hindered in shipping, and the inventory is increasing. Forced to lower prices to stimulate downstream market entry.

At present, the international crude oil continues to decline, the focus of the civil gas market in Shandong Province has shifted downward, the terminal demand has not improved significantly, the market mentality is negative, or the price rise is restrained. However, the rising trend of methanol cost remains, and the market is still likely to rise as the downstream starts to prepare goods before the festival. And at present, under the support of traditional peak season, the market has been boosted. The rebound is dominated by favorable factors. In the future, the DME market may continue to rise in the short term, or the range may be narrowed.

1、 Price trend of epichlorohydrin

(Figure: P value curve of epichlorohydrin product)

2、 Market analysis

Epichlorohydrin market rose this week. As of September 4, the average price quoted by epichlorohydrin enterprises was 10633.33 yuan / ton, up 2.57% compared with the beginning of the week, and 10.76% higher than that of August 4, according to the large list data of business associations. This week, the price of raw material propylene is rising, the cost support is rising, and the spot supply is tight in the market. There is a strong atmosphere of pulling up in the market. The sellers hold firm offers, and the low-cost sources of goods in the market are reduced. Small orders in the downstream just need to be replenished. So be cautious and wait-and-see.

According to the data monitoring of the business agency, the price of epichlorohydrin of some enterprises is summarized (for reference only, the spot price of merchants is subject to the market, and the actual transaction price is mainly negotiated.)

Enterprise market price specification date

Jinan Mingwei Chemical Co., Ltd. 10500 yuan / T premium product; 99.9% Min: 2020-09-04

Jinan Mingyu Chemical Co., Ltd. 10600 yuan / ton national standard 99.9-2020-09-04

Jinan planhua Chemical Co., Ltd. 10600 yuan / ton national standard 99.9-2020-09-04

Aite (Shandong) new materials Co., Ltd. $10500 / T, excellent product; 99.9% Min: September 3, 2020

Shandong Yukang Chemical Co., Ltd. 11200 yuan / T premium product; 99.9% Min: 2020-09-03

Jinan aochen Chemical Co., Ltd. 10200 yuan / T premium product; 99.9% Min: 2020-09-02

Upstream propylene, as of September 4, the market price of propylene in Shandong continued to rise slightly. According to the price chart of the business agency, the price of propylene broke through the cyclical fluctuation range at the beginning of last month, and began to fluctuate in a narrow range, and the market fluctuation was small. However, since September 1, the price of propylene has continued to rise on the whole line, and the upward range is more and more large. Up to now, the total price of propylene is about 300 yuan / ton. The transaction volume in the market is between 7180 yuan / ton and 7550 yuan / ton, and the mainstream price is about 7200 yuan / ton. Propylene manufacturers to ship smoothly, inventory without pressure.

Downstream epoxy resin: on September 4, the growth trend of downstream epoxy resin was still the same, the cost support was strengthened, the focus of market negotiation was on the rise, and low-cost goods were hard to find, and the downstream small orders just needed to be followed up.

3、 Future forecast

Epichlorohydrin analysts of the business agency believe that the recent rise in the price of propylene raw materials, combined with the tight spot supply in the market, has obvious sentiment of reluctant to sell and waiting to rise. Small orders in the downstream just need to be replenished. It is expected that the epichlorohydrin market will be mainly higher in the short term, and more attention should be paid to the market information guidance for the specific trend.

1、 Acrylic acid price trend

(Figure: P value curve of acrylic acid products)

2、 Market analysis

This week, the market of acrylic acid is going strong. As of September 4, the average price of acrylic acid quoted in East China was 7533.33 yuan / ton, up 0.67% compared with the beginning of the week and 6.35% higher than that on August 4, according to the large list data of business agency. This week, the downstream inquiry increased, and the market atmosphere improved. With the continuous rise of raw material propylene market price, the cost continued to rise, and the overlapping trading became increasingly active, the transaction center of acrylic acid market moved up steadily.

According to the data monitoring of the business agency, the price of acrylic acid of some enterprises in recent years (for reference only, the actual transaction price is mainly negotiated)

Enterprise market price specification date

Jinan Mingwei Chemical Co., Ltd.; 7000 yuan / T; industry standard: common acid; grade: superior product: September 4, 2020

Jinan planhua Chemical Co., Ltd. 6700 yuan / T, line standard: ordinary acid; grade: superior product: September 4, 2020

Aite (Shandong) new material Co., Ltd. $6600 / T, industry standard: Pu acid; grade: superior product: September 3, 2020

Jinan Mingyu Chemical Co., Ltd. 6600 yuan / T, line standard: ordinary acid; grade: superior product: September 3, 2020

Jinan aochen Chemical Co., Ltd. 7000 yuan / T, line standard: common acid; grade: superior product: September 02, 2020

Jinan aochen Chemical Co., Ltd.? 9600 yuan / T refined acid; content: 99.7%; 2020-09-02

Upstream propylene, as of September 3, the propylene market in Shandong Province rose sharply. According to the price chart of the business agency, the price of propylene broke through the cyclical fluctuation range at the beginning of last month, and began to fluctuate in a narrow range, and the market fluctuation was small. However, since September 1, the price of propylene has continued to rise on the whole line, and the upward range is more and more large. Today, the price of propylene continues to rise by about 100 yuan / ton. At present, the market turnover is between 7150 yuan / ton and 7400 yuan / ton, and the mainstream price is about 7150 yuan / ton. Propylene manufacturers to ship smoothly, inventory without pressure.

3、 Future forecast

The acrylic acid analysts of the business agency believe that the price of raw material propylene has risen recently, and the cost is under pressure. The market has entered the peak season of “gold, silver and ten”, and gas consumption has gradually increased. It is expected that the acrylic acid market will be stable and better in the short term.

In August, the center of gravity of the three major varieties in the spot market of polyethylene moved up as a whole. The ex factory price of LDPE increased significantly due to the shortage of goods. The high-pressure varieties increased by 9.99% in the month, ushering in the peak since 2020. The LLDPE and HDPE markets are dominated by this positive. At present, downstream demand is gradually improving, manufacturers’ orders are increasing, and the overall trading atmosphere of spot markets is improving.

According to the data of business agency, the average ex factory price of LDPE (2426h) in East China was 8637.50 yuan / ton on August 1 and 9500.00 yuan / ton on August 31, up 9.99% and 18.56% compared with January 1.

According to the data monitoring of business agency, the average ex factory price of LLDPE (7042) in East China was 7166.67 yuan / ton on August 1 and 7400.00 yuan / ton on August 31, up 3.26% and 0.68% compared with January 1.

According to the data monitoring of the business agency, the average ex factory price of HDPE (5000S) in East China was 8100.00 yuan / ton on August 1 and 8400.00 yuan / ton on August 31, with an increase of 3.70% during the period and 6.11% higher than that on January 1.

Regional varieties and manufacturers rose and fell from August 1 to August 31

East China LLDPE 7042 Jilin Petrochemical Company 7150 yuan / ton 7450 yuan / ton + 300 yuan

East China LLDPE 7042 Daqing Petrochemical Company 7150 yuan / ton 7450 yuan / ton + 300 yuan

East China LLDPE 7042 Dushanzi Petrochemical Company 7150 yuan / ton 7450 yuan / ton + 300 yuan

East China LDPE 2426h Daqing Petrochemical 8600 yuan / ton 9700 yuan / ton + 1100 yuan

East China LDPE 2426h Lanzhou Petrochemical Company 8600 yuan / ton 9700 yuan / ton + 1100 yuan

East China HDPE 5000S Daqing Petrochemical 8100 yuan / ton 8400 yuan / ton + 300 yuan

East China HDPE 5000S Lanzhou Petrochemical 8100 yuan / ton 8400 yuan / ton + 300 yuan

LDPE led the rise strongly in August, and the polyethylene market rose as a whole

In August, the PE market as a whole rose. LDPE in East China showed a continuous upward trend, while HDPE market showed a step-by-step upward trend. The trend of LLDPE was mainly followed by futures, which was slightly different from others, showing a downward first and then rising trend. And high pressure products rose most prominently. The market rose 300-1100 yuan / ton in August. Among them, the high-voltage market is one of the main reasons for its rise, because domestic equipment maintenance is more, and the import source cannot be unloaded at the port, resulting in tight supply of goods. During the month, the main and international crude oil of Liansu futures fluctuated and rose to the peak since March, which brought certain boost to the market. With the arrival of the “golden season” in the north, the demand for “golden film” has increased. Petrochemical enterprises have raised the ex factory price for many times, and most of them follow the market, and the shipment performance is more positive. The order volume of downstream factories increased, the volume of goods taken increased, and the market volume increased compared with the previous period.

Import and export: in July 2020, the import volume of PE is about 1.6664 million tons. Compared with that in June, it decreased by 163300 tons, with a decrease rate of 8.92. Compared with the same period last year, shangchanghong increased by 19.71% to 274400 tons. Among them, the imports of LDPE, HDPE and LLDPE were 286000 tons, 824200 tons and 556200 tons respectively. In July 2020, the total export volume of PE is 20100 tons. Among them, the export volume of LDPE is 7000 tons, that of HDPE is 9600 tons, and that of LLDPE is 0.35 tons.

The international crude oil price fluctuated in August and the upward news benefited the PE market

In August, the international crude oil market continued to release good news. The US crude oil inventory decreased sharply, the US crude oil inventory decreased significantly, and the meeting of the OPEC + Joint Ministerial Supervision Committee (jmmc) put pressure on the oil producing countries whose output exceeded the target, requiring them to further reduce production from August to September. As a result, a large number of offshore drilling platforms in the Gulf of Mexico were forced to shut down and the crude oil production decreased Low. International crude oil prices rose in August, with WTI crude oil futures up 7.15%.

In August, the futures market as a whole went up, bringing some support to the spot market

Upstream ethylene external market fell mainly in August

In August, the ethylene market fell one after another until a slight rebound at the end of the month. As of July 26, CFR closed at $715-725 per ton in Northeast Asia and $685-695 per ton in South East Asia. European ethylene market price rose, as of the 26th, the European ethylene market price was FD, northwest Europe closed at 662-673 US dollars / ton, CIF northwest Europe closed at 651-659 US dollars / ton. Ethylene prices in the U.S. rose to $506-518 per ton as of the 26th. Generally speaking, the ethylene market in Europe and the United States is on an upward trend, but the current ethylene market demand is general and the rebound range is limited. The decline of raw material ethylene has limited positive effect on PE market.

PE market is still likely to rise

In September, with the gradual completion of petrochemical plant maintenance, market supply pressure has increased. However, the traditional peak season of “gold nine silver ten” has arrived, and the market demand is expected to grow at the same time. At present, the pressure of port inventory and production enterprises is not big, and the main contract of Liansu futures is up strongly, which boosts the market mentality. Downstream into the market positive, business mentality is strong. It is expected that the PE market will continue to rise in September, and the LDPE market will return to the era of 10000 yuan.

At the beginning of the week, the domestic liquid ammonia market remained stable in most regions. The supply and demand in Hebei was basically balanced, and the price was rigid and stable. In Shandong, the prices of some large factories dropped slightly. According to the monitoring of the business agency, on the 31st, according to the monitoring of the business agency, the decline of liquid ammonia was 0.53%, and the mainstream market quotation was 2800-2950 yuan / ton.

After the stability of liquid ammonia in Shandong area last week, the quotation was slightly lower today. At present, Hualu unit returned to normal, the output of liquid ammonia increased, and the export sales increased appropriately. The price dropped slightly, with the range of 50 yuan / ton. At present, the ammonia quantity in Shandong Province has not increased significantly, and the manufacturer’s price is still firm. The main reason is that since the temporary maintenance of a set of ammonia plant in Shandong Union on August 25, it is estimated that the price will be half The price of liquid ammonia in Shandong is mainly stabilized, and the possibility of price correction with the accumulation of inventory can not be ruled out in the later stage.

In other regions, such as Hebei, the price is still strong, mainly because the region follows the price trend of Shandong. Affected by the low level of ammonia in Shandong, the amount of ammonia sold by Shandong manufacturers to this region is small, and the ammonia quantity in Hebei remains controllable. Therefore, the price of liquid ammonia in Hebei continues to be firm. Last week, the price still increased, and the price stabilized on the 31st. At present, the Cangzhou unit of a plant in Hebei still produces a small amount of liquid ammonia, so the pressure is not big. The amount of liquid ammonia in the region basically maintains a balance between supply and demand, and the current price is 2950-3100 yuan / ton.

In the future, the business agency believes that the beginning of the week also coincides with the last trading day of August, and the liquid ammonia market is mostly stabilized. Since the market experienced an upward market in mid and early August, it is still in the market trimming period. Basically, the supply and demand should be balanced. In addition, some plants are still in the maintenance period, and it is expected that the ammonia volume will remain moderate in the short term. Therefore, it is expected that the domestic liquid ammonia market will remain strong in the near future. However, with the recovery of large plants in Shandong Province, the gradual accumulation of ammonia quantity is not ruled out, and the possibility of price decline in mid September is not ruled out. On the demand side, the downstream demand is stable. Although urea has winter storage, the current social inventory is still high and the price support is limited. As far as the downstream fertilizer market is concerned, it is still in the autumn fertilizer production and sales peak season, and the expected operating rate is still stable and high. The moderate growth of demand also forms a certain support for the current liquid ammonia price. However, affected by the overseas epidemic situation, the downstream chemical fertilizer export situation is still not optimistic, so it is expected that the liquid ammonia market will be stable in the near future, but there is a certain downward risk in the long term.

According to the data of business agency, on August 24, the weekly average price of domestic industrial grade formic acid was 1706.67 yuan / ton. As of August 28, the weekly average price of domestic industrial grade formic acid was 1733.33 yuan / ton. This week, the formic acid market rose slightly, and some manufacturers’ quotations hit the bottom and rebounded.

2、 Market analysis

This week, the domestic industrial grade formic acid market after last week’s stable operation, this week’s price gradually increased, the quotation continued to be stable in January. This week, manufacturers and dealers stand by and wait and see, and some enterprises make adjustments for market changes. At present, the quotation of enterprises is generally around 1700 yuan / ton, and the fluctuation of individual dealers is not big. At present, the mainstream ex factory price of formic acid is about 1400 yuan / ton, and the quotation of mainstream dealers is 1900-2600 yuan / ton. Xiangbo Chemical Co., Ltd. quoted price of RMB 1350 / Zhangcheng Chemical Co., Ltd.

The liquid ammonia Market in the upstream of formic acid has a steady rise, and the overall trading atmosphere is fair. The recent rise in urea price has a good boost to the liquid ammonia Market. In addition, some enterprises have increased urea production. Domestic caustic soda fluctuates in a narrow range, and the enterprise’s shipment is general. The demand of leather and pesticide industry of downstream products is not prosperous.

3、 Future forecast

According to the formic acid data analyst of the business agency, the current domestic industrial grade 85% formic acid market will rise slightly, and the tight market supply will give a good boost to the formic acid market. The downstream demand is not strong, and the formic acid market may adjust steadily in the short term.

According to the monitoring data of the business agency, as of August 26, the average ex factory price of domestic propylene glycol was 7966.67 yuan / ton, which was 33 yuan / ton lower than that on August 21 last weekend, a decrease of 1.65%

Propylene glycol belongs to the chemical plate product is a chemical reagent

Propylene glycol is a colorless, viscous and stable water absorbing liquid of organic alcohol. It is almost tasteless, odorless, flammable and low toxic. It is miscible with water, ethanol and various organic solvents, and its chemical formula is c3h8o2. Under normal conditions, it is colorless and viscous liquid, almost tasteless, slightly sweet, with a boiling point of 187.3 ℃. Melting point – 60 ℃. The relative density was 1.0381 (20 / 20 ℃).

At the beginning of the week, domestic propylene glycol market was weak and fell slightly

On the 24th of this week, the domestic propylene glycol market broke the weak stable trend of several days, and the market price decreased slightly. At present, driven by the upstream raw materials, propylene glycol manufacturers intend to strengthen the quotation. However, at the end of last week, with the increase of ship port arrival and the increase of on-site inventory, under the pressure of inventory, the price of propylene glycol in Shandong Province was reduced by 100-200 yuan / ton. At present, the 90 month effect of downstream demand has not yet appeared, basically maintaining the rigid demand procurement, and the replenishment volume has little change. The price of propylene oxide is high and stable, which supports the cost of propylene glycol. After a small decline in the market, the propylene glycol market has maintained a weak and stable operation in recent two days.

The current market prices of propylene glycol in some areas of China are attached (data for reference only, unit: yuan / ton)

Product name up and down on 8 / 21 / 8 / 26

Propylene glycol East China 8100 7900 – 200

South China 8400 8200 – 200

Shandong 7900 7800 – 100

Domestic propylene glycol consumption

In China, propylene glycol is mainly consumed in the field of unsaturated resin and polyether, and also in antifreeze, tobacco moisture, cosmetics, coatings, medicine and other aspects. The unsaturated resin industry is the largest application field of propylene glycol in China, with the consumption proportion of about 80.7%, followed by polyether industry, accounting for about 9.7%; in other fields, the proportion of medicine accounts for 1.9%; the proportion of coating accounts for 3.5%; and the proportion of other industries accounts for 4.2%.

Propylene glycol is expected to be stable in the future

At present, the raw material propylene oxide is running at a high level, the cost pressure of propylene glycol is high, and the probability of a sharp decline in the short term is low. It is expected that the main trend is stable operation. However, on the one hand, the import of propylene glycol has always brought a certain impact on the domestic market. Therefore, if the market inventory increases and sales pressure, the propylene glycol market may decline slightly again.

1、 Price trend

The price of calcium carbide in Northwest China rose slightly this week. This week, the average ex factory quotation price of mainstream calcium carbide manufacturers increased from 2706.67 yuan / ton at the beginning of the week to 2730.00 yuan / ton at the end of the week, up 23.33 yuan / ton or 0.86% or 5.86% lower than the same period last year. Overall, this week’s calcium carbide market rose slightly, the carbide commodity index on August 21 was 71.53.

2、 Trend analysis

From the manufacturer’s quotation, the calcium carbide factory price in Northwest China rose slightly this week: the carbide price of oviganeng was 2800 yuan / ton at the end of this week, which was 70 yuan / ton higher than that at the beginning of the week; the carbide price of Inner Mongolia China Union was 2690 yuan / ton this weekend, which was temporarily stable compared with the beginning of the week; the price of calcium carbide in Xingping of Ningxia was 2700 yuan / ton this weekend, which was temporarily stable compared with the beginning of the week.

Overall, the actual transaction price of calcium carbide in Northwest China is about 2650-2800 yuan / ton this weekend: the mainstream transaction price of calcium carbide in Shaanxi is about 2800 yuan / ton; the mainstream transaction price of calcium carbide in Ningxia is about 2700 yuan / ton; the mainstream transaction price of calcium carbide in Inner Mongolia is about 2650 yuan / ton, and the actual transaction price is mainly through negotiation.

From the calcium carbide upstream and downstream industry chain, upstream raw material market, orchid charcoal factory quotation this week temporarily stable. At present, the quotation of small materials is 560 yuan / ton, that of medium materials is 580 yuan / ton, and that of large materials is about 750 yuan / ton. The low price consolidation of upstream raw materials and the general cost support have a negative impact on the price of calcium carbide.

Downstream market, PVC factory price rose slightly this week. The price of PVC increased from 6435.00 yuan / ton at the beginning of the week to 6577.50 yuan / ton at the end of the week, up 2.21%, and decreased by 2.63% compared with the same period last year. This week, PVC prices rose slightly, the market is good, downstream purchasing enthusiasm for calcium carbide, overall, PVC market this week has a positive impact on calcium carbide prices.

3、 Future forecast

In late August, calcium carbide market fluctuated slightly. The price of raw materials in the upstream is low, which generally supports the price of calcium carbide, while the price of PVC in the downstream rises slightly. The downstream customers are more active in purchasing calcium carbide. Moreover, the production capacity of calcium carbide is insufficient at this stage, and the supply of calcium carbide is tense. The later market forecasts that the price of calcium carbide in Northwest China will rise slightly in late August.