Monthly Archives: July 2020

Potassium nitrate Market remained stable in July

According to the data monitored by the business agency, the domestic first-class industrial grade potassium nitrate was quoted at 4187.50 yuan / ton in July. The current price is flat on a month on month basis, and the current price is 1.76% lower than last year.

 

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In July, the domestic market of potassium nitrate remained stable. On the whole, the operating rate of potassium nitrate manufacturers was low, so the overall inventory of potassium nitrate was at a low level, there was no sales pressure. The downstream purchasing volume was on the low side and a small amount of replenishment was needed. According to the statistics of the business agency, the domestic mainstream manufacturers of potassium nitrate quoted 4000-4400 yuan / ton (quotation is for reference only), and different quotations were made according to the purchasing situation Different.

 

In the near future, the quotation of mainstream manufacturers of potassium chloride is temporarily stable: the ex factory offer of Qinghai Salt Lake potassium chloride is 1820 yuan / ton, which is temporarily stable compared with the beginning of the week; the quotation of Anhui Badou potassium chloride distribution at weekend is 1850 yuan / ton, which is temporarily stable compared with the beginning of the week. This week, the actual transaction of potassium chloride market is not good. Overall, the main contradiction in the market is that the supply exceeds demand, the trading atmosphere is cold, the downstream procurement is mainly required, the overall inventory is low, and the domestic potassium chloride market is stable. Limited support for potassium nitrate.

 

Potassium nitrate analysts of the business club believe that: the domestic potash fertilizer market has been straightened out in the near future, the supply of goods is relatively sufficient, and the actual transaction volume in most regions is relatively weak. It is expected that the market price of potassium nitrate will fall below in the short term, and the long-term market still needs to wait and see.

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Cost support is weak, and the market price of formaldehyde in Shandong Province falls slightly

According to the data of bulk commodity list of business agency, the market of formaldehyde in Shandong Province has dropped slightly recently. On the 21st, the average price of formaldehyde in Shandong was 866.67 yuan / ton, while on the 29th it was 860.00 yuan / ton. The current price fell by 0.39% month on month, and the current price was 23.89% lower than last year.

 

Recently, the domestic formaldehyde market price has been stable. As of July 29, the mainstream factory quotation in Central China is about 875 yuan / ton, that of North China is 740 yuan / ton, and that of East China is 920 yuan / ton. Linyi Jinyuan Chemical has two formaldehyde production lines with an annual production capacity of 80000 tons, formaldehyde content of 37% and load of 50%. Recently, the market of formaldehyde in Shandong Province has declined slightly, the start-up of formaldehyde enterprises is basically stable, the market supply is relatively sufficient, the trading atmosphere is cold and clear, and the formaldehyde market has declined slightly.

 

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The upstream methanol market showed a situation of mutual rise and fall, with different ranges in different regions. Methanol port inventory accumulation, high inventory problem can not be seen to ease hope, the market chase up mentality fell, the overall lack of gas. In terms of demand, the traditional downstream gradually recovered, but it was still lower than the same period last year. Under the profit driven, the overall olefin operating level was at a high level, and there was no room for further growth. In addition, the inventory of some downstream enterprises was relatively high, limiting the growth of methanol demand.

 

The downstream wood panels entered the traditional off-season, the terminal demand continued to be weak, and replenishment was not increased due to the impact of low prices. The market trading atmosphere was cold and clear, the factory offer moved down with the gravity center, and the formaldehyde market declined slightly.

 

In recent days, the rise and fall of methanol in the upstream are mutual, and the terminal is basically purchased on demand. Therefore, the chemical branch of the business agency formaldehyde analysts predict that the recent domestic formaldehyde prices will mainly fall below.

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On July 28th, the coking coal market operated weakly and stably

According to the monitoring of the business agency, on July 28, the average price of coking coal in North China was about 1363.33 yuan / ton, which was 14.88% lower than last year.

 

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On July 27, the coking coal commodity index was 100.61, unchanged with yesterday, down 17.21% from 121.53 (March 12, 2019), and 124.03% higher than the lowest point of 44.91 on January 28, 2016. (Note: period refers to 2012-09-01 to now)

 

At present, the production of coal enterprises in the main producing areas remains stable, and most of them are actively shipping. The inventory in the factory has accumulated to varying degrees. Some coal enterprises’ inventory is still increasing, and the sales pressure is great.

 

Demand: the coke market is mainly stable temporarily. But there is news that some coal enterprises in the lower reaches of the coke industry are willing to rise. It is understood that since 0:00 on July 28, the ex factory price of metallurgical coke of coke production enterprises in Weifang, Binzhou, Dezhou, Jining, Zaozhuang, Heze, Rizhao and Tai’an in Shandong Province has increased by 50 yuan / ton on the basis of the original price. In the downstream coking enterprises, there are still many raw coal warehouses, and the purchasing rhythm of coking coal is general, the short-term market supply of coking coal is still sufficient, and the price is still likely to go down under pressure.

 

According to the coking coal analysts of the business community, the current weak operation of coke price is mainly based on the demand of coking coal price. Even if the price of coke is increased, the inventory of coking coal is still large, and there is still a lot of raw coal in the downstream coking enterprises. Under the general purchasing rhythm of coking coal, the short-term coking coal price or weak operation is predicted comprehensively, which depends on the downstream market demand.

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The price of acetic anhydride dropped

Price trend

 

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According to the business agency data monitoring, acetic anhydride prices fell this week, acetic anhydride prices fell. As of July 27, the average price of acetic anhydride was 5950.00 yuan / ton, down 2.06% from 6075.00 yuan / ton at the beginning of last week, and 6.25% higher than that of the same period last year.

 

Acetic acid price trend

 

It can be seen from the acetic acid price trend chart that the price of acetic acid has stopped falling and rebounded this week, the acetic acid enterprises have reduced their negative pressure, the market supply is tight, and the acetic acid price has stopped falling and rebounded. The raw material price of acetic anhydride is rising, the cost of acetic anhydride is rising, and the driving force of acetic anhydride rising is increasing.

 

Methanol price trend

 

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From the methanol price trend chart can be seen, this week methanol price high drop, acetic anhydride cost drop, acetic anhydride market is negative.

 

Market review and future forecast

 

According to Bai Jiaxin, an analyst of acetic anhydride data from the business club, the cost of acetic anhydride fell this week, and there was insufficient support for the rise of acetic anhydride. The acetic anhydride enterprises started to maintain stability, and the supply of acetic anhydride was sufficient. The price of acetic anhydride was high, and the downstream customers were not enthusiastic about purchasing. The future market of acetic anhydride was under great pressure. It was expected that the acetic anhydride market would be weak and stable.

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The overall formic acid market remained stable this week (7.20-7.24)

According to the data of business agency, the average weekly quotation of formic acid in domestic industrial water purification this week is 1766.67 yuan / ton. The overall formic acid market is relatively stable this week, and the market price is not adjusted much.

 

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2、 Market analysis

 

This week, the overall domestic industrial grade 85% formic acid market showed a relatively stable trend, the price was lower than the previous period, and the price was low compared with the same period last year. In terms of equipment: the manufacturers and distributors operate normally and the shipment is acceptable. This week, the supply of formic acid market is fair, and the enterprises have inventory. In terms of price: this week, the quoted price of enterprises basically remained at 1766.67 yuan / ton, the mainstream ex factory price of formic acid for industrial water purification was about 1350-1700 yuan / ton, and the quotation of mainstream distributors was at 2750 yuan / ton. As of Friday (July 24), Zibo Pulis Chemical Co., Ltd. quoted 1350 yuan / ton; Zhangzhou San’an Chemical Co., Ltd. offered 1700 yuan / ton; Hangzhou Fengchang Trading Co., Ltd. offered 2300 yuan / ton of 85% formic acid in barrels; Jintan local supply and Marketing Co., Ltd. offered 1950 yuan / T; Jinan senhong New Trade Co., Ltd. offered 2700 yuan / T.

 

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The domestic liquid ammonia Market of formic acid upstream products was mainly stable, some manufacturers were down regulated, the urea market was down, the overall situation of methanol was slightly down, and the domestic caustic soda market was down slightly, and the overall trend was stable. The upstream products generally support the formic acid market, while the downstream products such as leather and pesticide industries are relatively stable, and the sales situation is general. This week, there is a small decline in formic acid products.

 

3、 Future forecast

 

According to the formic acid data analyst of the business agency, the overall price of 85% industrial grade formic acid in China is relatively stable, and the current price is slightly adjusted compared with the same period last year. Recently, the inventory of dealers is fair, the upstream and downstream demand is relatively cold, and the enterprise’s shipment is not much. It is expected that the domestic industrial grade 85% formic acid market will be mainly consolidated in the short term.

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Stable purchase and operation of china domestic rubber grade silica

According to the data monitored by the business agency, as of July 22, the average price of domestic rubber grade white carbon black was 4566.67 yuan / ton, and the domestic silica market was stable, with balanced supply and demand, and just needed procurement.

 

Domestic rubber grade silica market as a whole maintains stable operation, with normal shipment, general inventory, dull purchasing atmosphere and no obvious improvement. Just in need procurement is given priority to. At present, the price of fumed silica is about 22000 yuan / T, which belongs to the high-end product of silica. In 2020, affected by public events, orders are greatly reduced, and domestic demand for fumed silica will be greatly reduced In the downturn, the pressure of shipment increased. The Changtai micro nano factory in Shouguang City of Shandong Province was 5100 yuan / ton, Shandong Lihua New Material Co., Ltd. was 4600 yuan / ton, and Boai Xiangsheng silicon powder Co., Ltd. was 4000 yuan / ton.

 

The quotation of upstream hydrochloric acid market manufacturers is temporarily stable, the overall market is general, and the hydrochloric acid market continues to maintain a stable trend, mainly a stable trend. On July 21, the hydrochloric acid commodity index was 94.08, which was the same as yesterday, 5.92% lower than the highest point of 100.00 (2011-09-12) and 423.25% higher than the lowest point of 17.98 on September 05, 2012. (Note: period refers to 2011-09-01 to now)

 

On July 21, the chemical index was 658 points, unchanged with yesterday, 35.24% lower than 1016 points (2012-03-13), and 10.03% higher than 598 points, the lowest point on April 8, 2020. (Note: period refers to 2011-12-01 to now)

 

Business agency silica analysts believe that: in the short term, the silica market continues to operate stably, and the price changes little. (the above prices are provided by major silica manufacturers all over the country and sorted out and analyzed by business silica analysts for reference only. Please contact relevant manufacturers for more price details.)

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Raw material prices fall high, acetic anhydride price rises lose support

Price trend

 

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According to the data monitoring of the business agency, since July, the price of acetic anhydride has risen sharply. Last week, the price of acetic anhydride remained stable. This week, the price of acetic anhydride fell, and the rise of acetic anhydride lost its support. As of July 21, the average price of acetic anhydride was 6025.00 yuan / ton, up 9.55% compared with 5500.00 yuan / ton at the beginning of July; it was down by 0.82% compared with 6075.00 yuan / ton at the end of last week; it was 13.32% higher than that of the same period last year.

 

Acetic acid price trend

 

According to the trend chart of acetic acid price, the high level of acetic acid price fell this week, the supply tension of acetic acid market was relieved, and the price of acetic acid fell. The raw material price of acetic anhydride dropped, the cost of acetic anhydride decreased, and the driving force of acetic anhydride rising lost support.

 

Methanol price trend

 

From the methanol price trend chart, we can see that the methanol price has been fluctuating and falling all the way this week, and the cost of acetic anhydride has decreased significantly, and the market of acetic anhydride is more negative.

 

Market review and future forecast

 

According to Bai Jiaxin, an analyst of acetic anhydride data from business club, since last week, the price of acetic acid remained stable, the price of methanol fell, and the cost of raw materials for acetic anhydride decreased, which was negative for the market of acetic anhydride. As the operating rate of acetic anhydride enterprises returned to normal, the prices of raw materials of acetic anhydride fell, which made the rise of acetic anhydride lose support. It is expected that the market of acetic anhydride will fall slightly in the future.

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Fluorite prices remain high, aluminum fluoride prices rise slightly

The upstream fluorite and hydrofluoric acid prices fluctuated slightly, while the overall price of aluminum fluoride remained stable. According to the data of the business agency, the domestic price of aluminum fluoride on July 13 was 8666 yuan / ton, which was the same as the price of aluminum fluoride on July 6.

 

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The price of fluorite fluctuates at a high level. Recently, some manufacturers have reported that their orders for fluorite have increased recently. Stimulated by the increase in inquiries, the prices of domestic fluorite manufacturers remain high, and the price of fluorite remains at a high level of 2800 yuan / T, and the price in the market is still bullish.

 

Fluorite prices remain high, and aluminum fluoride factories have obvious intention of supporting prices. And at present, the transaction price of aluminum fluoride is still at a low level, and the demand of electrolytic aluminum enterprises for bottom copy procurement is increasing. In addition, most enterprises are facing losses, some factories are operating at low load, and the quotations of some companies’ aluminum fluoride are rising slightly.

 

Analysts of aluminum fluoride industry of chemical branch of business society believe that: the upstream fluorite market prices remain high, aluminum fluoride manufacturers have little willingness to reduce prices, and it is expected that aluminum fluoride prices will continue to rise steadily in the near future.

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Refrigerant R134a market weak stable operation this week (7.13-7.17)

1、 Price trend

 

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According to the price monitoring of the business agency, the average ex factory quotation price of mainstream manufacturers on July 17 was 17266.67 yuan / ton, which was flat compared with the beginning of the week, decreased by 2.26% compared with the beginning of the month, 4.95% month on month, and 39.06% lower than the same period last year

 

2、 Market analysis

 

This week, R134a market in the refrigerant market was weak and stable. The market of hydrofluoric acid at the raw material end is stable, the supporting force is general, the terminal demand is not improved, the export market of refrigerant R134a and downstream products is difficult to recover, the demand of automobile industry is poor, the manufacturers start low, the goods are in general, and the situation of oversupply, the bearish mood of the industry is more. According to the price monitoring of the business agency, as of July 17, the average price of refrigerant R134a was around 17000 yuan / ton, and the ex factory price of mainstream manufacturers was 15300-17000 yuan / ton, which was stable.

 

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On July 17, the mainstream price of domestic anhydrous hydrofluoric acid manufacturers was 8500-9000 yuan / T, and the ex factory price of domestic hydrofluoric acid manufacturers was temporarily stable. The operating rate of domestic hydrofluoric acid manufacturers was average, and the supply of on-site goods was normal. However, the price of anhydrous hydrofluoric acid in domestic manufacturers was lower than that in domestic manufacturers The demand of the refrigerant industry is poor, and the market is mainly purchased on demand. It is expected that the market price will continue to rise slightly in the future.

 

3、 Future forecast

 

According to the refrigerant analysts of the business agency, the price of refrigerant R134a is at a low level, the terminal demand is weak, and the manufacturers are under pressure to ship. It is expected that the market of refrigerant R134a will be weak in the short term, and there is still a risk of decline in the situation of oversupply.

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Cost supports the rise of ethylene external market price

According to the monitoring data of the business agency, the external price of ethylene has increased slightly recently. The average price of ethylene on the 14th day was 738.50 US dollars / ton, compared with 737.50 US dollars / ton in the previous trading day, up 0.14%. The current price is up 8.48% month on month, and the current price is down 15.50% year-on-year.

 

Recently, the overall trend of ethylene is rising slightly. Asian ethylene market prices remained stable. As of the 14th, CFR Northeast Asia closed at $795-805 / T and CFR Southeast Asia closed at $700-710 / T. European ethylene market price rose, as of the 14th, the European ethylene market price was FD, northwest Europe closed at 757-764 US dollars / ton, CIF northwest Europe closed at 681-689 US dollars / ton. The price of ethylene in the United States remained stable. As of the 14th, the price was 335-353 US dollars / ton. Generally speaking, the ethylene market in Europe and the United States has increased steadily in recent years. The demand of the whole ethylene market is fair, and the trading atmosphere is general, and the increase is small.

 

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International: on July 14, the price of WTI crude oil futures market in the United States rose, with the settlement price of main contracts at $40.29/barrel, up $0.19. The price of Brent crude oil futures market rose, with the settlement price of main contracts rising by US $0.18 to US $42.90/barrel. Crude oil rose slightly, mainly due to the implementation rate of OPEC + production reduction reaching 107%. Crude oil market rose, giving ethylene cost support, ethylene external market rose slightly.

 

The downstream styrene price remained stable, and the average styrene price on 14 days was 5366.67 US dollars / ton. Generally speaking, the price of pure benzene rose, and the stock market rose sharply, which was good for the upward trend of styrene price. It can give ethylene some support.

 

Ethylene analysts of the chemical branch of the business agency believe that: at present, crude oil stocks in the United States are decreasing, and crude oil futures in Europe and the United States are rising slightly. The formation cost of ethylene is supported, and the ethylene price is currently at a low level, so the data analysts of the business agency expect that the ethylene price will mainly rise next.

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