According to the monitoring data of the business agency, as of August 14, the average ex factory price of domestic n-butanol was 5733.33 yuan / ton. Compared with August 7, the average price of domestic n-butanol increased by 133 yuan / ton, or 2.38%; compared with August 1, the average price of domestic n-butanol increased by 233 yuan / T, or 4.24%.

N-butanol rose steadily in August

Since the beginning of August, the domestic market of n-butanol has recovered steadily, the inventory of manufacturers is low, the downstream just needs to purchase, the market trading atmosphere is good, and the center of n-butanol is constantly moving up.

Strong cost support, n-butanol market rose again this week

This week, the domestic n-butanol market continued to rise. Under the support of cost, the offer of n-butanol plant continued to rise this week. The manufacturers mainly delivered the early orders, the downstream replenishment was more positive, the purchasing mentality was good, the cost pressure was increasing, the volume of goods was limited, the market offer was firm, and the spot sales pressure in the short term was small, which supported the high price operation of n-butanol market. As of August 14, the ex factory quotation of n-butanol in Luxi Chemical Industry Co., Ltd. was 5800 yuan / ton, up 200 yuan / ton this week; Shandong lihuayi n-butanol factory quotation was 5600 yuan / ton, up 100 yuan / ton this week; Wanhua chemical North China n-butanol factory quotation was 5800 yuan / ton, which was high and stable this week.

The current market price of n-butanol in some regions of China is attached (data for reference only, unit: yuan / ton)

Product name up and down on 8 / 10 / 8 / 14

N-butanol in East China 5850 5930 + 80

South China 6000 6200 + 200

5800 5800 in North China

Northeast China 5600 5700 + 100

On the upstream side, in the early August, the propylene market price in Shandong region rose as a whole. Starting this week, the propylene market remained stable. On the 14th, the market price of propylene in Shandong declined slightly, but the price was at the high level in the range. At present, the turnover of propylene market is between 6950 and 7250 yuan / ton, and the mainstream price is still around 7000 yuan / ton. Propylene manufacturers stable shipment, low inventory.

Downstream purchase positive spot stock low n-butanol after market high

Generally speaking, the upstream and downstream support of domestic n-butanol market is relatively strong. The upstream cost is supported, the downstream operating rate is relatively high, the purchasing atmosphere is good, and there is no pressure on the spot stock of n-butanol. It is expected that the overall high-level operation of the domestic n-butanol market in the short-term will be dominated, and the prices in some regions may rise slightly again.

According to the data of bulk commodity list of business agency, the average price of formaldehyde in Shandong Province is 866.67 yuan / ton recently. The current price is down 0.77% month on month, and the current price is 27.12% lower than last year.

Recently, the domestic market price of formaldehyde has remained stable. As of August 13, the mainstream factory quotation in Central China was about 923 yuan / ton, that of mainstream manufacturers in North China was 780 yuan / ton, and that in East China was 890 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 formaldehyde factories in Shandong are affected by environmental supervision, and most of them are self inspection and self inspection, and the shipment is flat. The trading atmosphere was flat and light, and the formaldehyde market fluctuated and consolidated.

Situation of upstream methanol: in recent years, domestic methanol consolidation is narrow, and the price fluctuation is not big. Most downstream enterprises purchase on demand. In the later stage, the operating rate of methanol is still expected to rise, and the pressure on the supply side is not reduced. However, the price of methanol has been at a low level. The cost of methanol enterprises has been in a state of many losses. The support from the cost side is obvious, and the methanol market in the future is still dominated by narrow range adjustment.

The downstream wood board entered the traditional off-season, the terminal demand continued to be weak, just needed procurement was maintained, the market trading atmosphere was flat and light, formaldehyde enterprises shipped smoothly, the market changed little, and the shock consolidation.

In recent days, the upstream methanol continued to fluctuate in a narrow range, the terminal demand continued to be weak in the early stage, and the overall supply exceeded demand. Therefore, the chemical branch of the business agency formaldehyde analysts predict that the recent domestic formaldehyde prices will mainly fall below.

According to the monitoring data of the business agency, the external price of ethylene has fallen recently. The average price of ethylene on the first day was 740.75 US dollars / ton, and the price on the 11th was 713.00 dollars / ton, a decrease of 3.75%. The current price is down 6.61% month on month, and the current price is 22.71% lower than last year.

In the near future, ethylene has shown a downward trend as a whole. Asian ethylene market prices fell, with CFR Northeast Asia closing at $755-765 per ton and CFR Southeast Asia closing at $695-705 per ton as of the 11th. The price of European ethylene market fell. As of the 11th, the price of European ethylene market was FD, which closed at 702-709 US dollars / ton in northwest Europe and 692-700 US dollars / ton in CIF northwest Europe. The price of ethylene in the United States rose. As of the 11th, the price was 385-403 US dollars / ton. Generally speaking, the Eurasian ethylene market was in a downward trend, while the US ethylene market had a large decline in the early stage, and now it is in a small rebound. The overall ethylene market demand is poor and the trading atmosphere is general.

International: on August 11, the U.S. WTI crude oil futures market price fell, and the settlement price of the main contract was $41.61/barrel, down $0.33. Brent crude oil futures market price fell, the main contract settlement price to 44.5 U.S. dollars / barrel, down 0.49 dollars. The decline in oil price was mainly due to the selling of precious metal futures in New York and the decline of crude oil market, which could not support the cost of ethylene, and the external market of ethylene fell.

Downstream domestic styrene market fell, styrene arrival concentrated this week, wharf inventory increased. The supply of goods is relatively sufficient, and the overall supply is still in excess. It is expected that the market will continue to fall in recent days, which can not support the cost of ethylene.

Ethylene analysts of the chemical branch of the business society believe that: at present, the crude oil: gold and other precious metal futures encounter selling, which brings negative risk, and the oil price has a downward trend. So business agency data analysts expect ethylene prices to fall mainly below.

Price trend:

According to the data of the bulk list of business agencies, the ABS market rose on August 11, and most spot prices in the market increased significantly. As of 4:00 p.m., the mainstream offer price of general-purpose ABS was about 13150.00 yuan / ton, with a one-day increase of 3.14%, a decrease of 1.94% compared with the average price level at the beginning of the month.

Factor analysis:

ABS upstream styrene, most of the recent domestic styrene continued last month’s de inventory operation. At the far end of the cost side, crude oil oscillates and the prices of pure benzene and ethylene are temporarily stable, and there is no clear direction for the price trend of styrene. The downstream demand for styrene did not improve, the factory consumption follow-up was insufficient, and the orders were mainly purchased on demand. It is reported that the storage cost of styrene port has increased recently, increasing the pressure of de stocking. Business mentality is negative, giving priority to profit reduction. It is expected that styrene disk will be weak in the near future.

ABS upstream acrylonitrile, last month, the domestic market price of acrylonitrile turned positive, the recent domestic market stability small movement. At present, the supply and demand side of the factory is in a high level, and the operation cost of the factory is also in a high level, and the operation cost of the factory is also under the pressure of fluctuation. Downstream just need to buy mainly, stock operation is cautious, but the factory recently cut production again, stimulate the market bullish mood. Business shipment is OK, inventory is low, acrylonitrile market is expected to continue stable.

The domestic market of butadiene showed an obvious upward trend last month, with strong internal and external market performance, limited domestic supplier volume and less than expected market supply; meanwhile, affected by the weather, some ships in East China delayed unloading, and the spot supply was temporarily tight, which boosted the supplier’s price and accelerated the rise of the market. But with the rapid upward market, the market cautious atmosphere gradually. In recent years, with the arrival of ships to Hong Kong and the increase of supply in Northeast China, the high transaction price was hindered, the market dropped slightly, and the butadiene market fluctuated slightly. According to the monitoring price of business agency, the domestic butadiene market price was 4473 yuan / ton in the first week of August, and 4451 yuan / ton in the weekend, with a decrease of 0.50% during the week. The price was 28.15% higher than that of the same period of last month and the same period of last year It was down 54.99%. At present, the supply side of butadiene is still favorable, and the trend is expected to be stable in the near future.

At the beginning of August, the domestic ABS price continued the slow decline of last month, and the domestic ABS petrochemical plant operating rate remained at a high level. Recently, the supply situation has been tightened again. The market rose on August 11, with most brands increasing by 200-600 yuan / ton. In addition, ABS inventory has been at a low level, and the on-site spot circulation just picked up at the end of last month. In August, due to the continuous overseas public health events, the arrival of imported goods in Hong Kong decreased. At present, the merchants are in a positive attitude, and the downstream factories are trying to prepare goods, but they are still cautious.

Future forecast:

Business agency analysts believe that: August 11, ABS market rose significantly, the prices of all brands have a certain range of adjustment. Cost side of the upstream three material recent trend is not the same, the cost side support is general. At present, the spot supply of ABS is tightening again. The lower reaches hold a wait-and-see attitude towards the reduction of ABS supply, and take the goods tentatively and operate cautiously. The resistance of the merchant to ship is reduced, and the space of real single profit is not large. It is expected that the domestic ABS price will continue to rise in the near future.

The center of gravity of international oil price moved up. Affected by the typhoon, South China, East China and Shandong were affected to varying degrees. However, the demand for asphalt in peak season has a certain support for the market price of asphalt. According to the price monitoring data of the business agency, the asphalt price was reported to be 2552 yuan / ton on August 7, 1.59% higher than that at the beginning of the month.

In terms of crude oil, the focus of OPEC’s crude oil continued to ease, while the international crude oil market continued to reduce its focus on soft oil. WTI crude oil futures rose 2.89% for the week.

Recently, the price of asphalt in Sinopec and PetroChina’s main refineries remained stable. Affected by the typhoon, South China, East China and Shandong have been affected to varying degrees. The release of terminal demand of asphalt Market in South China and East China is limited; Shandong is less affected and the asphalt price rises slightly; in Southwest China, the terminal demand of asphalt is better, and the main transaction price of the market rises slightly; in Northeast and Northwest China, the market demand is stable.

Business agency analysts believe that the demand for terminal asphalt in southern China will gradually recover. The demand for terminal asphalt in northern China has entered the peak season, and the price of asphalt is expected to continue to rise slightly.

1、 Price trend

According to the business agency data monitoring, as of August 7, the mainstream reference quotation of 30% grade phosphate ore in Guizhou was around 300-340 yuan / ton, basically no price fluctuation compared with last week. On August 6, the commodity index of ammonium sulfate was 48.26, which was the same as yesterday, decreased by 54.59% from the highest point 106.28 (2012-05-24), and increased by 31.68% from the lowest point of 36.65 on June 23, 2014. (Note: period refers to 2011-09-01 to now)

In August, the domestic phosphate rock continued to run steadily

In August, the domestic phosphate ore market continued to maintain stable operation, with little fluctuation in the market. The market trading situation was general, the inquiry was light, and the transaction of new orders was ordinary. The downstream inquiry volume was slightly reduced compared with the same period last year. Enterprises supplied more and signed orders from old customers. Some mining enterprises in Yunnan are mainly self-produced and self-use stocks, and the external supply and sales volume has decreased. Hubei Province: the phosphate ore market is in a weak position. At present, 30% raw ore ship plates are quoted at 380-400 yuan / ton, and 28% raw ore ship plates are quoted at 350-370 yuan / ton. Guizhou: the market is stable, with 30% of the raw ore plate quoted 300-340 yuan / ton, the low-end platform quoted 280 yuan / ton; 29% of the raw ore plate quoted 280-310 yuan / ton; 28% of the raw ore plate quoted 250-270 yuan / ton. The price of 29% grade phosphate ore and 30% grade phosphate ore in Guizhou kaip were 300 yuan / T and 330 yuan / T respectively. Guizhou FUWENG 28% grade phosphate ore plate quoted 260 yuan / ton.

According to national data, China’s output of phosphate ore (containing 30% P2O5) in June was 9.376 million tons, an increase of 1.27 million tons compared with that in May (8.098 million tons). At present, the total output of phosphate rock this year is 38.689 million tons, which is – 12.5% lower than that of the same period last year (48.827 million tons).

According to the business agency, the output of phosphate ore in China in 2020 is as follows:

Indicators: June 2020 may 2020 April 2020 March 2020 February 2020

The current output value of phosphate rock (converted into 30% P2O5) is 937.6 809.8 757.3 545.4—

The cumulative output value of phosphate rock (converted into 30% P2O5) is 3868.7 2740.2 1932.8 1337.0 723.7

The output of phosphate rock (containing 30% P2O5) increased by 13.6 to 8.5 7.6 – 30.3 year on year–

The cumulative production growth (%) of phosphate rock (containing 30% P2O5) was – 12.5 – 14.3 – 20.9 – 29.1 – 30.9

On the downstream side, in July, after the yellow phosphorus market continued to rise, it entered August. At present, the yellow phosphorus market remained stable and mainly operated. In the near future, the enterprises kept the orders of old customers. At present, Yunnan Net phosphorus factory acceptance transaction referred to 14900-15100 yuan / ton. The market of phosphoric acid is stable with stable price.

According to the phosphate rock analysts of the business society, the current domestic phosphate ore market demand is limited, and mining enterprises in some regions limit production to maintain stable prices. It is expected that the market will still be stable in the short term. In order to stimulate the downstream stock up, the price of phosphate rock may fluctuate slightly, and the overall market fluctuation is limited.

From August 3 to 7, 2020, the ex factory price of hydrogenated benzene in North China increased slightly, at 3187.50 yuan / ton at the beginning of the week and 3250 yuan / ton at the weekend, with a weekly increase of 1.96%.

The commodity index of hydrogenated benzene on August 7 was 35.87, up 0.27 points compared with yesterday, 64.84% lower than 102.01 points (2014-01-09), 19.61% higher than 29.99 points on April 07, 2020. (Note: the period refers to December 1, 2013 to now).

Price rise and fall of domestic main hydrobenzene markets from August 3 to 7 (unit: yuan / ton)

Regional 3-day price 7-day weekly price rise and fall

3300-3400 3400-3450 + 75 in East China

3100-3200, 3150-3250 + 50 in Shandong

Summary of price adjustment of pure benzene in Sinopec (North China) in July 2020 (unit: yuan / ton)

Price adjustment amount after date adjustment

August 5 3400 + 100

On August 5, 2020, the price of pure benzene of Qilu Petrochemical (Sinopec North China) will be increased by 100 yuan / ton, and the price will be 3400 yuan / ton after adjustment.

Around May 5, the price of Brent crude oil futures market rose, with the settlement price of main contracts rising to US $45.17/barrel, up US $0.74 due to the double effects of US crude oil inventory reduction and continued weakening of US dollar. Oil prices rose to their highest level since early March. This week, the pure benzene market shock upward, East China port market price is firm, pure benzene external plate shock higher. The tender price of crude benzol Market increased slightly this week to about 2510 yuan / ton, up 35 yuan / ton compared with last week. Under the influence of favorable fundamentals, the hydrobenzene market rose slightly this week. As can be seen from the figure above, the price of hydrogenated benzene in Shandong increased by about 50 yuan / ton this week.

In terms of start-up, hydrogenated benzene enterprises still have a lot of maintenance, but the operating rate has improved compared with last week. Hebei rongte and other units started operation, and the overall operating rate was about 60%, slightly higher than last week. Downstream demand: the price of pure benzene continued to rise in recent two weeks, the downstream price reduction willingness is strong, the cost pressure is large, and the downstream unit start-up is lower than last week.

In terms of aftermarket, the business agency believes that at present, there are about 267000 tons of pure benzene in East China port and warehouse, an increase of 17000 tons compared with last week, and the inventory is still high. The downstream construction starts this week with an average decline of about 1.8%. The demand for pure benzene is limited, and the pure benzene market is under pressure in the future. The pressure of hydrobenzene market cost remains, the market is more wait-and-see sentiment is strong, the market continues to rise, the market still needs to focus on changes in pure benzene inventory.

In July 2020, the domestic 1 ᦇ lead ingot Market fluctuated and rose. The average price of domestic market was 14162.50 yuan / ton at the beginning of the month and 15900 yuan / ton at the end of the month, up 12.27%.

On August 4, the lead commodity index was 96.08, down 0.61 points compared with yesterday, 28.30% lower than 134.01 points (2016-11-29), and 28.74% higher than 74.63 points, the lowest point on March 19, 2015. (Note: period refers to 2011-09-01 to now).

In July, the futures market kept a wide fluctuation upward trend, with a monthly increase of about 5%. At the beginning of the month, metal investors had a good mentality and had more favorable fundamentals. The overall trend of metals was better, and the upward trend of Lun lead and Shanghai lead was up. Between 1760 and 1880 US dollars. The lead market in Shanghai rose in an overall shock this month. At the end of the month, driven by the reduction of social stocks and the overall rise of the metal market, it reached a new high of 15785 yuan / ton.

At the beginning of the month, the domestic stock market affected the futures market and brought a wave of rising small market. In the middle of the month, affected by geopolitical tension, the futures market rose slightly and then fell back. At the end of the month, the domestic spot market was again driven by the metal market, and the domestic spot market ushered in a big rise. At the end of the month, most of the traders supported the price, and the transaction was mainly long. As the downstream battery enterprises were about to enter the peak consumption season, the market was generally optimistic about the future market. The market atmosphere was good, the lead ingot inventory continued to decrease, and the price remained high and firm.

According to the price monitoring of the business agency, in July 2020, there were 17 kinds of commodities in the non-ferrous plate with a month on month increase in the price list of bulk commodities, including 7 commodities with an increase of more than 5%, accounting for 31.8% of the total number of commodities monitored in the plate; the top three commodities were silver (25.91%), zinc (11.12%) and cobalt (10.81%). There were five kinds of commodities that declined on a month on month basis. The top three products were praseodymium oxide (- 4.03%), magnesium (- 3.72%) and dysprosium oxide (- 2.88%). This month, the average rise and fall was 4.31%. Precious metals performed well this month. Affected by the domestic stock market and geographical tension, the metal market as a whole is better. Lead prices rose sharply at the end of the month.

In the aftermarket, the business agency believes that the trend of the downstream gradually entering the peak season is becoming more and more clear, and the mentality of market people is better. With the gradual improvement of downstream construction, the demand for lead is increasing, and the price of recycled lead is also relatively strong. It is expected that the lead price in the future will fluctuate mainly.

Relevant data:

WBMs: global lead market supply shortage of 10000 tons from January to may 2020: London reported on July 22, the world Bureau of Metal Statistics (WBMs) released a report on Wednesday that the global lead market was short of 10000 tons from January to may 2020 and 238000 tons in 2019. The total inventory in May decreased by 25000 tons compared with the end of 2019. Unreported inventory changes are not considered in consumption statistics. Novel coronavirus pneumonia is a measure of the impact of the national blockade on the new crown pneumonia epidemic. From January to may 2020, the global refined lead (primary and renewable sources) production was 4.992 million tons, down 1.5% compared with the same period in 2019. China’s apparent demand is estimated to be 2212900 tons, down 130000 tons compared with the same period in 2019. China’s demand accounts for about 44% of the global total. From January to may, the apparent demand of the United States decreased by 19000 tons on a year-on-year basis. In May 2020, the global refined lead production is 1.0613 million tons, and the demand is 1.0394 million tons.

Antaike: China’s refined copper, lead and tin production increased in June: Beijing on July 9, Antaike, a research arm of the China Nonferrous Metals Industry Association, said on Thursday that China’s major copper smelters’ cathode copper production in June increased by 0.6% to 699000 tons year-on-year. The output in June increased by 0.9% compared with the revised 693000 tons in May due to the weak impact of overhaul on supply of 22 smelters surveyed. From January to June, China’s cathode copper production fell 0.8% year-on-year to 4.1 million tons. Antaike said production would be limited by tight supply of copper concentrate and low processing costs, despite a reduction in maintenance materials for the project in July. Antaike predicts that the output of cathode copper will be maintained at about 700000 tons in July. China’s refined lead production rose 13.2 per cent in June from a year earlier to 418000 tons, the agency said. China’s refined lead production in July fell by about 3000 tons compared with the previous month due to major overhaul of refineries in Yunnan, Hunan and Jiangxi provinces, it added. Antaike said refined tin output at China’s 18 smelters increased by 5.9% month on month to 12081 tons in June, but it did not provide comparative data.

U.S. lead imports fell month on month in May and exports increased: Washington news on July 2, the data released by the US Department of Commerce showed that the US lead import in May was 24280388 kg, lower than 36756073 kg in April; in the first five months of this year, the total import was 143216972 kg. In May, the United States exported 283013kg of lead, higher than 231989kg in April. In the first five months of this year, the total export volume was 2257693kg.

In July 2020, the market price of ethanol is still on the rise. According to the monitoring of business agency, the market price of ethanol at the beginning of the month is 6000 yuan / ton, and that at the end of the month is 6212 yuan / ton, with an increase of 3.54% during the month and a rise of 15.47% compared with the same period last year.

This month, the ethanol market is still showing an upward trend. From the perspective of raw materials, the four national temporary storage corn auctions this month were all completed with 100%, and the corn auction price was high. Supported by the favorable raw materials of corn, corn ethanol market rose in shock. The corn ethanol market in Northeast China is strong, and the production enterprises have been shut down for maintenance. This month, Tianyu overhauled and Hongzhan two production lines took turns to overhaul. Tianyu is still in the process of maintenance and shutdown. Fukang plant is shut down, and the price of xintianlong has been raised. The enterprise has a shutdown plan in August. The ethanol market in Shandong Province is in a high level, and the enterprise quotation is stable, and the downstream just needs to purchase; the corn ethanol market in Anhui Province is up, the enterprise quotation is rising, and the enterprise orders are shipping; the ethanol market in Henan Province is rising, affected by the environmental protection, the production enterprises in Mengzhou region shut down, and the enterprise quotation is high.

In terms of logistics, the logistics price was stable this month, with the price of 220-240 yuan / ton delivered from Heilongjiang to Dezhou, Shandong, 230-240 yuan / ton from Henan to Hubei, and 250 yuan / ton from Henan to Anhui. There is little change in shipping price.

In terms of raw materials, corn: as of July 31, corn prices in some regions rose, while corn prices in Huanghuai region in North China remained stable. In the near future, the arrival of corn in Beigang has obviously recovered, mainly in the railway Piji port. The auction premium has not decreased, and the corn price in Beigang is supported. At present, traders are supporting the price, and it is predicted that the corn spot price will be stable in the near future. Impact on ethanol industry: in the 10th round of auction, corn price remained high, production pressure of enterprises continued, overhaul of large factories continued, inventory was low, and price remained high.

Ethyl acetate: in July, the domestic ethyl acetate Market in East China and North China became stable after falling, while the South China market fluctuated and rose. At the beginning of the month, the raw materials of acetic acid and ethanol were strong, and the cost side gave strong support to ethyl acetate, and the supplier’s offer followed the trend slightly. However, after Anhui Ruibai ethyl acetate plant was put into operation, the situation of oversupply in the market was aggravated. However, the raw material level remained high and the suppliers of ethyl acetate passively strengthened their offer. After the middle of the month, the market continued to be deadlocked. The mainstream manufacturers took the lead in competing for shipment at a lower price, which pushed down the transaction prices in the East and North China markets. Under the sales pressure of surrounding manufacturers, they were forced to make a loss and reduce the price of goods.

According to the price monitoring of the business agency, in July 2020, there were 32 kinds of commodities in the chemical industry sector that rose on a month on month basis, of which 15 commodities increased by more than 5%, accounting for 16.7% of the total number of commodities monitored in the plate. The top three commodities that increased were sulfuric acid (42.50%), butadiene (29.83%) and propane (14.43%). There were 43 kinds of commodities with a decrease of more than 5%, accounting for 18.9% of the total number of monitored commodities in the sector; the top three products were acetone (- 38.02%), phenol (- 19.93%) and isopropanol (- 18.75%). This month, the average rise and fall was – 0.47%.

The 10th auction price of raw corn continued to rise, the production pressure of enterprises continued to increase, the pressure of funds increased, the market heard that there will be rice into the market, which will ease the use of feed grain. At present, the overhaul of large factories continues, xintianlong will start maintenance on August 3, and Hongzhan maintenance will continue. After the environmental protection inspection in Henan area is qualified, the devices will be opened one after another, and corn in Henan has not yet been put on Some of them need to be purchased from Northeast China with high production costs, and it is expected that the market will be high in the short term. Business agency ethanol analysts predict that the short-term domestic ethanol market prices will be high.

1、 Price trend

As of August 3, the average price of refrigerant R22 was 1666.67 yuan / ton, up 3.09% compared with the previous day, 4.17% higher than the previous day, and 5.3% lower than that of the same period last year, according to the monitoring of bulk data of business agency.

As of August 3, the average price of refrigerant R134a was 16500 yuan / ton, down 4.41% from the previous day, 6.6% month on month, and 41.42% lower than the same period last year.

2、 Market analysis

In August, the refrigerant market remained sluggish. The market trend of hydrofluoric acid at the raw material end is mainly stable. Some manufacturers reflect that hydrofluoric acid exists in the cracks and is in a state of price and no market. The hydrofluoric acid trading market is general, and the chloroform market is stable and weak. The cost of refrigerants is not enough to support the market In a weak position, R134a continued to fall, while R22 rose against the trend, with serious two-level differentiation.

R22, the market has changed from decadent, the price has risen strongly. Due to the quota factor, the manufacturers are determined to support the price. However, the downstream receiving capacity is limited, and there is a lot of wait-and-see mood. The actual transaction center of gravity is shifted downward. Some traders are looking for positive shipment, and the quotation is slightly lower than the manufacturer’s ex factory price, and there is a phenomenon of cost inversion. According to the price monitoring of the business agency, as of August 3, the prices of mainstream manufacturers in R22 market were 16000-16500 yuan / ton, with an increase of about 500 yuan.

R134a, the market continued to decline, has now fallen to the bottom, the car market industry continues to be depressed, weak demand, market trading center of gravity down, trading atmosphere is light. There are plenty of goods in the market, and there are new production capacity entering the market in the future market. The competition is fierce, and the supply side gradually forms a negative situation, and the price keeps falling. According to the price monitoring of the business agency, as of August 3, the prices of the mainstream manufacturers in the refrigerant R134a market were around 15000-17000 yuan / ton, and the actual transaction price was about 15000 yuan / ton, and the price was slightly reduced.

Hydrofluoric acid: on August 3, the mainstream price of domestic anhydrous hydrofluoric acid manufacturers was 8500-9000 yuan / ton. The ex factory price of domestic manufacturers was temporarily stable. The operating rate of domestic hydrofluoric acid manufacturers was general, and the supply of on-site goods was normal, which was driven by the rising price of fluorite. However, the demand of downstream refrigerant industry was not good, and on-site procurement was mainly based on demand. It is expected that the price trend in the future will be stable.

In July, the market of chloroform in Shandong was stable and weak. At the beginning of the month, the average price of chloroform in Shandong remained at about 2000 yuan / ton. Near the end of the month, the average price of chloroform dropped to 1900 yuan / ton, a decrease of 5% compared with the beginning of the month. Analysts of CH4 chloride data from business society believe that the current spot supply of chloroform market is increasing with the operating rate of enterprises, while the downstream refrigerant market is approaching the off-season, and the market demand will further decline. Under the high production cost of enterprises, it is expected that the chloroform market will remain weak and stable in a short time.

3、 Future forecast

According to the refrigerant analysts of business agency, at present, the cost side support is not strong enough, the demand is weak, and the refrigerant market continues to be weak. Due to quota factors, R22 prices rise again, but the demand is poor, and it is expected that there will be a deadlock in the short term. However, R134a is surrounded by bad news, and it is expected that the price will go down more likely, but the price is already at a low level and there is not much room for decline.