I. price trend

Titanium dioxide prices fell this month, according to commodity data monitoring. At the beginning of the month, the average price of titanium dioxide in China was 15833.33 yuan / ton, and at the end of the month, the average price was 15300 yuan / ton.

On November 28, the titanium dioxide commodity index was 72.64, up 0.16 points from yesterday, down 27.36% from the cycle’s highest point of 100.00 (2011-09-04), and up 40.56% from the lowest point of 51.68 on December 29, 2015. (Note: cycle refers to 2011-09-01 to now)

II. Market analysis

Products: in November, titanium dioxide market gradually entered the off-season, the shipping pressure increased, and the northern region gradually turned cold, the demand gradually contracted. On the whole, the demand market in November entered into a weak season. As of the 28th of this month, the factory price of domestic rutile titanium dioxide is 14500-15500 yuan / ton, and that of anatase titanium dioxide is 12500-14000 yuan / ton. Downstream demand is light, titanium dioxide market as a whole is in a weak downward state. Sales enter into the traditional off-season; the pressure on the sales of the goods holders is great, sometimes they have to sacrifice their prices for cash and sales performance. , but the market demand is weak, which is difficult to boost the market price. According to the data of total export volume published, international export orders declined narrowly, with a decline on a month on month basis, and there was no significant growth point on the demand side. At the end of the month, haifengxin sent a letter to raise the price by 200 yuan / ton, mainly due to the high cost of raw materials and the recent rise of titanium ore price. The prices of raw materials titanium ore and natural gas are going up, and titanium dioxide enterprises are under great cost pressure. The enterprises may limit production or enter into maintenance ahead of time. Different enterprises have different situations, and the actual transaction is a single negotiation.

According to the statistics provided by the General Administration of customs, in October 2019, the import volume of titanium dioxide in China was 18240.04 tons, an increase of 63% month on month, a year-on-year increase of 10.77%, and the average import price in that month was 2902.04 USD / ton. From January to October 2019, the cumulative import volume of titanium dioxide was 135088.04 tons, and the cumulative average import price was 3011.27 USD / ton, a year-on-year decrease of 18.86%.

In October 2019, the export volume of titanium dioxide in China was 79400.99 tons, down 5.26% month on month, up 26.08% year on year, and the average export price of the month was 2117.06 USD / ton. From January to October 2019, the cumulative export volume of titanium dioxide was 820784.14 tons, and the cumulative average export price was USD 2222.35/ton, an increase of 5.82% year on year.

Industrial chain: the price of titanium concentrate in Panxi area is up this month. Raw materials and downstream are relatively supportive of the price market, high cost of raw ore, shortage of spot goods, routine maintenance plan of some manufacturers and other reasons. Quotation is suspended and market supply is reduced. As of the end of this month, the price of 38 titanium ore excluding tax is 820-840 yuan / ton, and that of 46 and 10 titanium ore excluding tax is 1250-1320 yuan / ton. The price of 47 and 20 mines is 1300-1350 yuan / ton. In November, the titanium dioxide market as a whole was in a weak downward state, the supply of titanium ore was tight, and the price of titanium ore would maintain stable operation.

According to the statistics provided by the General Administration of customs, in October 2019, the import volume of titanium concentrate in China was 270414.12 tons, with a month on month increase of 116.68%, a year-on-year decrease of 13.53%, and the average import price in that month was 190.3 USD / ton. From January to October 2019, the cumulative import volume of titanium concentrate is 2072265.07 tons, and the cumulative average import price is 170.84 USD / ton, a year-on-year decrease of 23.45%.

In October 2019, the export volume of China’s titanium concentrate was 2535.48 tons, an increase of 26.14% on a month on month basis, an increase of 275.07% on a year-on-year basis, and the average export price of that month was 987.54 USD / ton. From January to October 2019, the cumulative export volume of titanium concentrate is 20977.65 tons, and the cumulative average export price is 1109.92 USD / ton, up 19.42% year on year.

III. future forecast

In November, the domestic titanium dioxide price market declined. Titanium dioxide analyst of the chemical branch of business society thinks: the industry market has entered the off-season, and the downstream demand is general. The price of raw material titanium ore is firm, the cost pressure of titanium dioxide enterprises is large, some manufacturers tentatively call back the price, and the market price range is narrowed. In the short term, the price of titanium dioxide is stable, and the actual operation is based on a single task.

In November, the domestic acetone market was crazy. In only one month, the acetone market (East China market as an example) rose by 2000 yuan / ton. According to the monitoring data of the business agency, the market in East China increased by 50%. Now, the negotiation in East China market has reached 6350 yuan / ton. The picture above shows the trend of factory listing in East China

The contradiction between supply and demand is prominent, the port inventory is low, and good demand is the main reason for the crazy upward trend of acetone. The specific analysis is as follows:

First of all, the arrival of goods at the port has decreased. In November, the ship load was 50000 tons, but in fact, due to the weather and other factors, it didn’t arrive at the port on time. The arrival cargo was relatively scattered, and many sources of cargo had been prepared for the downstream. By the end of last week, the port inventory was less than 10000 tons.

Secondly, under the influence of related products phenol, the enterprise did not start at full load. In recent years, phenol market trend is very poor, reaching the lowest point in the year. Under the impact of the Middle East goods source, port inventory is high, and the pressure on traders and manufacturers to ship is large. Despite the frequent decline of the market, the market is still in a cold trading situation. Although there are bottom reading comments in the industry, most people still operate cautiously, after all, the market is extremely cold. Although phenol ketone factory can limit production and offer price, the crazy acetone market is hard to give up. Nearly 90% of the total construction started.

Finally, the demand for new downstream devices increases. In the downstream MMA industry, Chongqing Yixiang 90000 T / a plant was put into operation in October, and the demand for acetone by manufacturers is around 5000 t / month, which forms a greater support for the demand for acetone. Another is isopropanol industry. The 50000 ton / year unit of Qingdao helica is put into operation. According to the unit consumption of isopropanol and acetone, the demand for acetone is also relatively objective. The downstream of acetone is supported by new units, which forms a strong pull for the increase of demand for acetone.

Future market forecast: the rapid upward movement of acetone will increase the downstream cost pressure. At present, the downstream is basically in a state of loss: take isopropanol as an example, the unit consumption ratio of isopropanol by acetone method is 1:1. According to the isopropanol cost calculation, the profit of isopropanol is close to a negative value. Now, the acetone market is far from the edge, many isopropanol factories have suspended the offer, and the enterprise’s delivery pressure is relatively high It is expected to reduce the negative production in the later stage. The downstream product BPA industry is affected by the supply and demand side, and the situation of oversupply continues to plague the market. The intention of the end epoxy resin replenishment is not high, which can not play a supporting role for BPA, and it is difficult to get rid of the weak situation in the short term. MMA is constrained by the demand side, and the market focus continues to decline. MIBK industry is driven by raw materials, but the theoretical profit loss of the enterprise is relatively serious, so it is difficult to improve significantly in the short term. On the whole, the crazy upward acetone market has brought fatal impact on a large area of downstream industries, and the cost pressure is too large. In the later stage, some downstream enterprises can only reduce the negative production. Therefore, although the risk of upward acetone does not stop at present, they need to operate cautiously in the later stage, and they need to be cautious when entering the market to stock up. In the near future, it is still necessary to pay attention to the port throughput and market enterprise installations. It is expected to maintain high-level operation this week, and the current negotiation range in East China is 6350-6400 yuan / ton.

On November 26, the phthalic anhydride commodity index was 61.31, unchanged from yesterday, 48.96% lower than 120.13 (2012-02-28), the highest point in the cycle, and 26.62% higher than 48.42, the lowest point on January 21, 2016. (Note: cycle refers to 2011-09-01 to now).

In recent years, the price trend of domestic phthalic anhydride market is volatile, and the price trend of phthalic anhydride market in East China is stable. The downstream factories maintain rigid purchase, the factory inventory pressure increases, and the high-end transaction is blocked. In recent years, the factory inventory has increased, and the price trend of phthalic anhydride market continues to be at a low level. In East China, the main flow of negotiation for neighboring process and naphthalene process is 6200-6600 yuan / ton and 5800-5900 yuan / ton respectively; in North China, the main quotation for phthalic anhydride market is 6100-6200 yuan / ton, most of the manufacturers in the field maintain low prices, the downstream construction is not high, the procurement is based on demand, the wait-and-see state is relatively strong, the operation of domestic phthalic anhydride plant is stable, the spot supply of phthalic anhydride in the field is sufficient, and the downstream demand is not high See improvement, phthalic anhydride prices remain volatile.

In the near future, the execution price of domestic phthalic anhydride upstream product Sinopec is 6200 yuan / ton. The price of imported phthalic anhydride in the port area is declining, and the quotation is temporarily stable. In the near future, the price of phthalic anhydride is temporarily stable, the port inventory is still at a low level, and the quotation of phthalic acid in the external market is volatile and stable. The actual transaction price is subject to negotiation, with detailed discussion. Affected by the low price of upstream raw material phthalic acid, the price trend of phthalic anhydride market is temporarily stable 。 The downstream DOP raw material phthalic anhydride price trend is temporarily stable, the price of isooctanol is fluctuating and falling, the cost of DOP raw material is falling, the DOP price is fluctuating and stable, the downstream DOP is fluctuating and recovering, the purchasing enthusiasm of customers is stable, and the downstream PVC market is fluctuating and rising. The main quotation in DOP market is about 7300-7650 yuan / ton. The downstream price trend is temporarily stable. In addition, the upstream ox price is stable. Affected by the low price of downstream products, the market price of phthalic anhydride is expected to remain volatile in the later period.

I. price trend

The price of monoammonium phosphate in the domestic market fell slightly this week, according to the data in the bulk list of business agencies. On November 18, the average ex factory price of powdered monoammonium in China was 1966 yuan / ton, and on November 22, the average ex factory price was 1950 yuan / ton, with a drop of 1.85%. On November 22, the monoammonium phosphate commodity index was 65.83, unchanged from yesterday, down 34.72% from the highest point in the cycle of 100.84 (2011-09-13), and up 6.02% from the lowest point of 62.09 on September 19, 2017. (Note: cycle refers to 2011-09-01 to now)

II. Market analysis

Products: 55% of ammonium powder in Anhui Province has a factory quotation of 1850-2050 yuan / ton, and the commencement is stable. In Hubei Province, 55% of the total price of powdered ammonium is 1800-2000 yuan / ton, and 60% of the total price of powdered ammonium is 2000-2100 yuan / ton. The market in Henan Province has maintained stable operation, 55% of ammonium powder has been quoted 1800-1950 yuan / ton, and some enterprises have overhauled their devices. The price of 55% powdered ammonium in Shandong Province is 1850-2050 yuan / ton, which is stable. The factory quotation of 55% powdered ammonium in Sichuan is 1850-2050 yuan / ton.

Industrial chain: at present, the domestic sulfur market continues to explore, the contradiction between supply and demand is still the same, the increase and consumption of port inventory is slow, the market is dominated by negative emotions, the industry is bearish on the future market, the negotiation atmosphere is cold, after last week’s phosphorus and compound fertilizer industry conference, the market remains quiet, coupled with the lack of information guidance in the market, the demand has not changed. In winter, the phosphorus ore market has been operating at a low level. In the past week, the overall market of domestic phosphorus ore market has not recovered significantly, and the weak trend is still the same. Affected by environmental protection and other policies, the production of the mine is limited, and new orders are still not traded. Under the low operating rate of the enterprise, the overall supply of the factory has declined, and the mine and dealers have maintained the current status of price protection, The willingness of some enterprises to hold a firm price is obvious, and the prices of individual enterprises are high, and the actual transaction is low.

Industry: according to the price monitoring of the business agency, in the 46th week of 2019 (11.18-11.22), there are 19 kinds of commodities rising month on month in the list of commodity prices in the chemical industry sector, among which there are 2 kinds of commodities rising by more than 5%, accounting for 2.4% of the number of commodities monitored in the sector; the top three commodities are isopropanol (9.31%), acetone (6.28%) and acrylic acid (3.24%). There are 26 kinds of commodities falling on a month on month basis, with 3 kinds of commodities falling by more than 5%, accounting for 3.5% of the number of commodities monitored in this sector; the top 3 products falling are caustic soda (- 11.61%), epichlorohydrin (- 8.58%) and sulfur (- 5.42%). This week’s average was – 0.38%.

III. future forecast

Analysts of monoammonium phosphate of business association think that due to the continuous decline of raw material market price, the opening of winter storage market is slow, and the downstream enterprises are insufficient to buy. Part of the enterprise equipment maintenance, dealers lack of confidence. At present, the market is still weak with limited cost support. It is expected that the fall space of monoammonium phosphate will be limited in the later period, and the market will continue to consolidate at a low level.

I. price trend

According to the data monitoring of the business association, as of November 22, the average price of 30% grade phosphate rock in China was around 360-430 yuan / ton based on the quotation of sample enterprises in several mainstream areas, basically the same as last week, and the overall operation of the phosphate rock market was stable this week.

II. Market analysis

Products: the domestic phosphorus ore market continued to run in a downturn this week. At the beginning of the month, prices in some regions were slightly adjusted. Prices of some mining enterprises in Guizhou and other regions remained high. Prices of phosphorus mining enterprises in a small part of Kaiyang region were slightly lower due to the impact of demand. In the past two weeks, prices have been running steadily. The current monitoring data shows that the overall market is 1.73% lower than that at the beginning of the month, and the overall actual turnover of the market is still rare The volume of new orders of mining enterprises is small, and the negotiated transaction price is low. At present, the operation rate of the mine is not good, about 40% of the site starts, and the production is limited. The mining enterprises mainly implement the orders of old customers, and the new orders are few. The downstream demand of domestic phosphorus ore market is weak. Affected by the environmental protection policy in 2019, the downstream yellow phosphorus output is low. In addition, in winter, the downstream products such as phosphate fertilizer are in the off-season, which makes the overall demand of phosphorus ore market low and it is difficult to drive the market to move goods. As of November 22, the trading atmosphere of Yunnan phosphorus ore market is light. The ex factory quotation of 29% phosphate rock in Yunnan is 32 0 yuan / ton; phosphorus ore market in Hubei continues to be weak and stable, with 30% ammonium phosphate ore ship plate quotation reference of 420-440 yuan / ton; phosphorus ore market demand in Guizhou is low, weak and stable as a whole, with 30% ammonium phosphate ore car plate quotation of 340-430 yuan / ton, and 30% grade phosphate ore factory quotation of Guizhou kaiphosphate phosphate ore reference of 430 yuan / ton.

Industry: according to the price monitoring of the business association, there are 15 kinds of commodities in the price up and down list of bulk 58 on November 21, 2019, which are concentrated in the non-ferrous (4 kinds in total) and energy (3 kinds in total). The top three commodities are WTI crude oil (3.44%), cold rolled (1.23%) and PTA (1.01%). There are 18 kinds of commodities decreased on a month on month basis, which are mainly agricultural and sideline products (4 kinds in total) and nonferrous products (4 kinds in total). The commodities with a decline of more than 5% are mainly concentrated in the chemical industry sector; the top three commodities are caustic soda (- 11.61%), urea (- 2.35%) and nickel (- 2.22%). The average price of this day was – 0.28%.

Industrial chain: the yellow phosphorus market is generally stable temporarily, the on-site construction is declining, and the supply is relatively tight. Some yellow phosphorus enterprises want to raise their prices. At present, the new order transaction in the yellow phosphorus market refers to 18200-18600 yuan / ton. The phosphoric acid market continued to operate stably and the trading was relatively stable.

III. future forecast

According to the analysis of the data division of the business association, it is expected that the phosphorus ore market will remain weak and stable in the near future on the premise that the demand is difficult to increase, and the actual situation will still be wait-and-see.

1. Trade name: standard aluminum ingot (99.70)

2. Latest price (November 21, 2019): 14110 yuan / ton

3. Key points of analysis: the heating season starts, and the policy requires real-time monitoring of air quality to achieve flexible production, which to a certain extent affects the production reduction of electrolytic aluminum.

(1) raw aluminum production data list

According to data released by the International Aluminum Industry Association (IAI), global raw aluminum production increased to 5.392 million tons in October, and revised to 5.222 million tons in September. China’s crude aluminum production is expected to increase to 3.014 million tons in October, compared with 2.917 million tons in September.

(2) list of raw aluminum demand data

According to a report released by the world Bureau of Metal Statistics (WBMs) on Wednesday, the global raw aluminum market was short of 530000 tons from January to September 2019.

(3) list of import and export data of aluminum industry chain

According to the website data of the National Bureau of statistics, the aluminum output in October was 4.558 million tons, up 6.6% year on year; the total output from January to October was 42.409 million tons, up 5.7% year on year.

The output of aluminum alloy in October was 813000 tons, up 1.5% year on year; the total output from January to October was 7.481 million tons, down 7.3% year on year.

The output of alumina in October was 5.968 million tons, up 3.6% year on year; the total output from January to October was 60.772 million tons, up 4.4% year on year.

4. Future forecast

At present, the aluminum ingot Market is relatively stable, and it is expected to be mainly operated in the first line of 14000 shocks in the near future.

I. price trend

According to the data of the commodity list of the business association, the formaldehyde Market in Shandong Province has been rising slightly recently. The average price of formaldehyde on November 19 was 1076.670 yuan / ton, and the average price of formaldehyde on November 20 was 1083.33 yuan / ton, up 0.62%. The current price is down 28.96% year on year.

II. Market analysis

Products: the price of formaldehyde in domestic market has increased slightly. As of the 20th, the main factory quotation in Hebei is about 940 yuan / ton, the main factory quotation in South China is about 1200 yuan / ton, the main factory quotation in Shandong is 1080 yuan / ton, and the main factory quotation in Jiangsu is 1250 yuan / ton. The annual output of 120000 tons formaldehyde plant in Linyi Yinhe, Shandong Province has been restarted, with the formaldehyde content of 36.7-37%. Formaldehyde market supply is acceptable, the market trading atmosphere has picked up, and the price has risen slightly.

Industry chain: domestic methanol market performance is different, up and down are reflected. In terms of the mainland market, the atmosphere in some regions is fair and the trend continues to rise under the partial stop of sales; at present, the port market is in linkage with each other during the maintenance period, showing weakness, and needs to pay attention to the futures market dynamics in the short term. Local downstream markets started to operate in succession, and the overall demand rose, providing support for formaldehyde. Formaldehyde prices bottomed out.

III. future forecast

Recently, the upstream methanol market “probe”, supported by the cost side, the market turnover has recovered, and the downstream market operating rate has recovered, but it still takes time to open the demand market, so the formaldehyde analyst of the chemical branch of the business society predicted that the domestic formaldehyde price or consolidation is the main one in the near future.

I. price trend

According to the data monitoring of the business agency, the DOP price fell slightly in November, and the overall plasticizer DOP market remained stable. As of November 19, the price of DOP in East China was 7366.67 yuan / ton, down 83.33 yuan / ton, or 1.12% compared with 7450.00 yuan / ton at the beginning of the month (November 1), and down 21.70% compared with the same period last year.

II. Market analysis

Product analysis

Commodity name port 10.25 price 10.18 price 10.11 price 10.4 price type unit

DOP China 930.00 940.00 950.00 965.00 CFR USD / ton

DOP Southeast Asia 1140.00 1150.00 1180.00 1200.00 CFR USD / ton

© October 2019 business club www.100ppi.com

As can be seen from the table, DOP’s external quotation fell sharply in October, and DOP’s market was negative. In October, the external quotation of DOP in China fell by 35.00 USD / T; in Southeast Asia, the external quotation of DOP fell by 60 USD / T, the external quotation of plasticizer DOP fell, and the domestic plasticizer market was negative.

Analysis of industrial chain

In terms of raw materials, in November, the price of DOP raw materials, phthalic anhydride, remained stable after fluctuating and falling, and the price of octanol fell, and the price of phthalic anhydride and isooctanol fell more than that of DOP. The overall cost of DOP fell, which was negative for DOP market. The downward pressure of DOP market was great, and the price of DOP fell.

In terms of downstream demand, PVC market surged in November, and the downstream demand of DOP recovered, and the future DOP market was favorable. However, due to the limited growth of PVC, the momentum of DOP rising was general.

III. future forecast

According to Bai Jiaxin, data analyst of DOP of business agency, the price of raw materials phthalic anhydride and isooctanol of plasticizer DOP fell in November, the cost of DOP fell, and DOP market was negative. Downstream, PVC prices rose slightly in November, and DOP demand was good. DOP market had rising power but not enough power. Generally speaking, the plasticizer DOP market has some downward pressure, but the downward pressure is weakened, and the demand is rising. The plasticizer DOP market has an upward momentum, but the power is limited, so it is difficult to support the DOP market to recover. It is expected that the future DOP market will be mainly stable.

I. price trend

Recently, the 20th China made high concentration phosphate compound fertilizer production and marketing meeting was solemnly opened in Qingdao, Shandong Province. The industry people gathered in Qingdao to discuss relevant policies. At present, the phosphorus and compound fertilizer meeting has ended, and the winter storage market has also started. According to the data in the business club’s large list, on November 18, the average ex factory price of 64% diammonium was 2335 yuan / ton. Compared with November 1 (2366.67), it decreased by 1.34%. On November 18, DAP commodity index was 69.65, which was the same as yesterday, a new low in the cycle, 32.37% lower than the highest point of 102.98 on October 8, 2011. (Note: cycle refers to 2011-09-01 to now)

II. Market analysis

Product: due to the decline of raw material price and the squeeze of international market, the market of diammonium phosphate continues to be depressed and weak. The operation rate of the enterprise is insufficient, and some of the enterprise’s devices are overhauled. At present, 64% of mainstream diammonium in Hubei Province offers 2250-2400 yuan / ton, 64% of mainstream diammonium in Shandong Province 2200-2400 yuan / ton, 64% of mainstream diammonium in Yunnan Guizhou Province 2300-2500 yuan / ton, and 64% of mainstream diammonium in Anhui Province 2250-2450 yuan / ton.

Industrial chain: in recent years, the domestic sulfur market has been weak, the downstream demand is weak, the terminal purchase enthusiasm is weak, there is no news on the external market, the port inventory has not been reduced but continues to increase, and the industry is bearish on the future market. From the perspective of demand, the supply and demand performance is weak, and the negotiation is stagnant. Port inventory increases, consumption is slow, market trading is still cold, on-demand procurement based, both sides wait for information guidance. Phosphorus ore market has been in a weak state of consolidation, demand is still weak, on-site trading is weak, enterprises sporadically supply orders from old customers, continue to digest inventory based, new orders are scarce, and the pressure on mine inventory has been large. Under this sales pressure, most of the mining enterprises and dealers make corresponding adjustments to the quotation of high-grade phosphorus ore, and the quotation of mining enterprises has also increased There is a fall.

Industry: according to the price monitoring of the business agency, in the 45th week of 2019 (11.11-11.15), there are 19 kinds of commodities in the rise and fall list of bulk commodity prices in the chemical industry sector, among which there are 2 kinds of commodities with an increase of more than 5%, accounting for 2.4% of the number of commodities monitored in the sector; the top 3 commodities are hydrochloric acid (19.18%), chloroform (12.55%) and R22 (4.80%) There are 27 kinds of commodities decreased on a month on month basis, with 2 kinds of commodities falling by more than 5%, accounting for 2.4% of the number of commodities monitored in the sector; the top 3 products decreased were epichlorohydrin (- 9.22%), aniline (- 7.50%), titanium dioxide (- 3.58%) This week’s average was 0.18%.

III. future forecast

Analysts of diammonium phosphate of business association think that the market price of diammonium raw materials is declining, and the international market is decadent, with few good news. After the phosphate compound fertilizer meeting, the market is not clear, dealers lack of confidence, waiting for the policy to come out. Now diammonium has been in the low position, and there is limited space to fall. It is expected that the market of DAP will be stable in the later period. It is suggested to pay attention to the market changes in real time.

Commodity index: on November 15, the polyaluminium chloride commodity index was 105.41, unchanged from yesterday, 3.30% lower than the highest point of 109.01 (2019-08-28) in the cycle, and 4.47% higher than the lowest point of 100.90 on April 09, 2019. (Note: cycle refers to 2019-04-01 till now)

Price quotation: the main price of domestic polyaluminium chloride Market on November 1 was about 1966.67 yuan / ton, and the market price on November 15 was 1950 yuan / ton, with a decrease of 0.85% in the first half of the month. The lowest price in the half of the month was 1943.33 yuan / ton, and the highest price was 1966.67 yuan / ton, with a maximum amplitude of 1.19%. According to the monitoring data of the commodity by the business agency (100ppi. Com), the mainstream quotation in the domestic market of polyaluminium chloride from this month to now: the quotation of polyaluminium chloride solid (industrial grade, content ≥ 28%) with tax is about 1850-2000 yuan / ton, and the quotation of liquid (industrial grade, content 10% – 12%) with tax is about 390-410 yuan / ton.

Industrial chain: in November, the production of polyaluminium chloride manufacturers was normal, and the supply of goods was relatively stable; however, in addition to the sharp rise of polyaluminium price caused by the shutdown in the third quarter, the price of polyaluminium chloride did not rise in the fourth quarter, but fell instead, and the trend in the first half of the month was similar to “Z”. Among the upstream raw materials of polyaluminium chloride, hydrochloric acid in North China monitored by the business association has risen sharply this month, with an offer of 173.33 yuan / ton on the first day and 290 yuan / ton on the 15th. Downstream demand is stable this month, and the volume is sufficient.

Industry: since the end of July, this round of intermittent shutdown has basically ended, and the manufacturers have started to resume production. This round of shutdown cycle returns: 1. In late July, recently, the water purification and environmental protection enterprises in Yong’an Road sub district office of Gongyi City, Henan Province received the notice of shutdown, which requires that: Based on the analysis of the city’s environmental pollution and future pollution weather, the Municipal Office of tackling key problems requires all the depth The management enterprises will stop production and management before acceptance, and can resume production after dispatching or acceptance according to the key work office. 2. Stop production again after resumption of production: it will resume production for ten days in August, and start to stop production again on 15th. According to the manufacturer, the stop production is more affected by the National Games held in Zhengzhou on September 8th. The local environmental protection inspection is strict, and all local enterprises in Gongyi are required to stop production for environmental protection treatment and maintenance. 3. After the National Games on September 8, the local manufacturers did not receive the notice of commencement immediately, and the strict inspection of environmental protection was in progress. In late September, local manufacturers in Gongyi began to resume production one after another, and the supply of goods gradually returned to normal. 5. In the first half of October and November, the manufacturer’s production and supply were normal.

Future market forecast: according to the analysis of business agency, in the first half of November, the production of polyaluminium chloride manufacturers was normal, and the market supply was sufficient. Although the production cost was increased, the supply of market supply was large, and the market price of polyaluminium chloride was slightly reduced while it was stable. It is expected that the future market price is still stable.