1、 Price trend of propylene oxide

(Figure: P value curve of propylene oxide product)

2、 Market analysis

In recent years, the market of propylene oxide has been rising strongly. According to the data of business club’s bulk list, as of September 16, the average price quoted by propylene oxide enterprises was 15800 yuan / ton, up 15.61% compared with September 1, and 61.22% higher than that of September 1.

At present, the price of propylene oxide is still high, and there is no accumulation of propylene oxide plants. Some manufacturers have stopped to reduce their load. The main downstream companies are following up steadily. The cost transmission is good. The price of the industrial chain is rising synchronously. The new orders of propylene oxide are smooth, and the manufacturer’s quotation is strong and upward. On the 16th, the mainstream quotation of propylene oxide Market in Shandong was around 15600-15900 yuan / ton, which was delivered in cash.

Upstream propylene, as of September 15, the market price of propylene in Shandong has been steadily rising. 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 been rising all the way, and the upward range is getting bigger and bigger. To the 4th day, the total price of propylene rose by 300 yuan / ton. From the 7th to the 10th, the first round of reduction was made, with a total reduction of 100-150 yuan / ton. After that, the price was slightly stabilized. From the 13th, the price rose again, up to about 250 yuan / ton. At present, the market transaction is between 7300 and 7450 yuan / ton, and the mainstream price is about 7350 yuan / ton. Propylene manufacturers to ship smoothly, low inventory.

According to the price monitoring data of downstream n-propanol, as of September 15, the reference average price of domestic n-propanol with packaging in mainstream areas was around 11300 yuan / T, down 3.69% compared with the price at the beginning of the month; the downstream propylene glycol entered September, and the propylene glycol market showed an overall upward trend. According to the monitoring data of the business agency, as of September 15, domestic propylene glycol had been delivered The average price refers to 9000 yuan / ton, which is 15.38% higher than the price at the beginning of the month. As of September 15, the market growth of downstream soft foam polyether continued, and many factories were reluctant to sell and close their plates. The market atmosphere was full of wait-and-see.

3、 Future forecast

Propylene oxide analysts of the business agency believe that the recent high price of raw material propylene, propylene oxide supply is tight, superimposed downstream continue to follow up, shipment smooth, it is expected that in the short term, the propylene oxide market will mainly run at a high level.

Price trend

According to the data monitoring of the business agency, since September, the price of plasticizer DOP has been fluctuating, but the overall rise is slow and the rise of DOP is insufficient. As of September 15, the DOP price was 7150.00 yuan / ton, up 2.63% from 6966.67 yuan / ton at the beginning of the month (September 1). The price of DOP rose slowly.

Upstream market of industrial chain

It can be seen from the phthalic anhydride trend chart that in September, DOP raw material phthalic anhydride market rose slightly, and phthalic anhydride price rose slightly, up 4.9%. DOP cost rose, which has a certain upward support for DOP market.

It can be seen from the price trend chart of octanol that the octanol market rose in September with an increase of 3.6%, and the cost of DOP rose. DOP has a certain upward support.

Downstream market of industrial chain

It can be seen from the PVC price trend chart that the PVC price rose first and then fell in September, and the PVC price rose slightly by 0.23%. The PVC market fluctuated and adjusted, and the overall PVC market was not strong enough, which had a certain downward pressure on the plasticizer DOP.

Market review and future expectation

According to Bai Jiaxin, DOP data analyst of business agency, DOP raw material prices rose slightly in September, phthalic anhydride prices continued to rise slightly in August, octanol prices rebounded to the bottom, and overall DOP costs rose; but in the downstream, PVC prices rose first and then fell, PVC market weakened, DOP downstream demand was general, DOP rising motivation was insufficient. Generally speaking, DOP is not good enough support, DOP rising power is insufficient, DOP price rises slowly, but overall DOP rising trend is insufficient.

The price of international crude oil fell. On September 4, the price adjustment of domestic oil products ran aground, the price of gasoline market dropped slightly, the procurement of MTBE market was delayed, and the market price dropped slightly. The price of MTBE on September 11 was 3683 yuan / ton, down 2.39% from the price at the beginning of the week, according to the business agency.

In most areas of China, the autumn is crisp, the rainfall is reduced, the residents’ driving trips are increasing, and the gasoline consumption performance is good. However, the sharp decline of international crude oil price has lowered the focus of domestic gasoline price, which has severely dampened the enthusiasm of oil market operators. The procurement plan of downstream MTBE and other intermediate materials has been delayed, and MTBE has reduced the price to promote the shipment. The overall operation of domestic MTBE plant is relatively stable, and the output is basically the same as last week.

According to MTBE product analysts of energy branch of business agency, crude oil prices will continue to fall under pressure in the short and medium term. However, with the arrival of the traditional peak season of Jinjiu Yinshi, gasoline demand will increase, and demand for intermediate materials such as MTBE is still supported. It is expected that domestic MTBE market prices will rise steadily.

1、 Price trend

 
2、 Market analysis

According to the data of the business agency, the market of potassium sulfate in Hebei Province is stable this week, and the price of Mannheim potassium sulfate is about 2550 yuan / ton, and that of 50% granules and 52% water soluble powder is about 2650 yuan / ton, which is the same as last week’s price. The delivery of potassium sulfate in the local water salt system in Qinghai Province is good, and the price of 50% powder is stable at 2230 ~ 2320 yuan / ton. Manheim enterprises are mainly based on early orders. Affected by the price hike of importers and the international situation, potassium chloride in the upstream rose. However, most dealers in the downstream had a moderate response and a more wait-and-see attitude. Although there was later demand support, the market was obviously still in the buffer period. The potassium sulfate Market is generally stable with no significant changes in the market. The downstream demand support is limited. To maintain the early situation, small orders are mainly replenished. Under the support of export and export orders, there are still some orders to be issued, and the situation of new orders receiving is weak.

3、 Future forecast

Potassium sulfate analysts of business club believe that: the rise of potassium chloride has no obvious impact on potassium sulfate for the time being, the overall potassium sulfate market continues the advantages of high and strong early stage, there are not many domestic sales orders, and the support of downstream demand is limited.

According to the monitoring of bulk data of business agency, the market of dichloromethane in Shandong remained stable after rising. As of September 10, the average price of dichloromethane in Shandong was about 2280 yuan / ton, up 4.59% compared with the beginning of the month and 0.88% higher than the same period of last month.

Production capacity and operation of the enterprise

Shandong Jinling 440000 T / a Dawang plant 50%

Dongying Jinmao 120000 tons / year parking

Luxi Chemical Industry: 400000 tons / year: 80%

Shandong Dongyue: 280000 tons / year: 50%

Jiangxi Liwen: 120000 tons / year: 50%

Jiangsu Liwen 160000 tons / year full load

Jiangsu Meilan 200000 tons / year 70%

Quhua, Zhejiang: 300000 yuan / year: 70%

Zhejiang Juhua 300 kt / a normal operation

In the early stage, the price of dichloromethane in the downstream market declined, and some of the raw material traders in Shandong began to wait and see the market rise. 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.

In terms of upstream market, methanol market is affected by enterprise maintenance and downstream demand, and favorable factors still exist in the short term. Traders have a good bullish attitude, at present, about 1802 yuan / ton; the liquid chlorine market is high and firm, and the enterprise’s shipment is smooth. At present, the mainstream quotation in the industry is about 800-1000 yuan / ton.

The peak season of refrigerant downstream market has passed, the market demand is not good, and the goods are in general. The acceptance of high price refrigerants in the downstream is limited, so we should watch the market carefully, and the enthusiasm for pursuing rising is not high; the pharmaceutical and agricultural solvent industry has started smoothly, and there is insufficient support for dichloromethane.

According to the methane chloride data of the business society, the overall inventory pressure of dichloromethane enterprises in Shandong is not large in the near future. In addition, the raw material market has a good support. 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.

1、 Trend analysis

According to the nickel price monitoring of the business agency, on the 8th, the spot nickel price was 119350 yuan / ton, down 0.53% from the previous trading day, 4.94% higher than the beginning of the year, and 15.62% lower than the same period last year. Shanghai nickel opened at 119260 yuan, and the price fluctuated narrowly after opening, closing at 119610 yuan, up 0.45%. LME3 nickel closed 0.13% higher at $15220 by the deadline.

2、 Market analysis

The US dollar rebounded and metal upward was hindered. The recent continuous release of nickel iron production capacity in Indonesia caused supply increase concerns, and nickel prices slightly reversed. Nickel fundamentals remained stable for the time being, but stainless steel prices tended to peak at high levels, and nickel prices continued to increase upward pressure. Domestic nickel ore inventory is still at a low level, and the tight supply pattern of nickel ore has not been alleviated. However, the Philippines is about to enter the rainy season, and the ferronickel plant has a high enthusiasm for inventory preparation, so the nickel ore price performance is firm. Domestic demand for new energy vehicles is also gradually recovering. The sales volume of new energy vehicles in Europe is growing rapidly, and the nickel price may be easy to rise but difficult to fall in the third quarter. If the new production capacity of stainless steel in Xiangyu, Indonesia is put into operation on schedule, or the domestic 300 series stainless steel production remains at the current high level, the excess supply of ferronickel in the fourth quarter is limited. Stainless steel inventory continued to decline, 300 series stainless steel production continued to increase, stainless steel supply tightened to support steel prices.

3、 Future prospects

Post market forecast: the short-term fundamentals of nickel are fair, and the focus is on the centralized production of ferronickel in Indonesia. Since the end of the second quarter of Indonesia Industrial Park, several production lines have been put into operation, but the amount of ferronickel returned to China is temporarily less than expected. The Philippine rainy season is superimposed on the peak consumption season in September, and nickel prices are expected to remain high in the short term.

Upstream fluorite, hydrofluoric acid prices remain low, aluminum fluoride prices overall stable. According to business agency data, the domestic price of aluminum fluoride on September 4 was 8833 yuan / ton, which was flat compared with the beginning of the week.

The domestic fluorite market price remained stable at a low level. In the near future, the domestic fluorite spot supply was sufficient, and the on-site shipment was not positive in the near future, and the price of fluorite dropped slightly. By the end of the weekend, the mainstream of domestic fluorite negotiations was between 2550-2700 yuan / ton.

The upstream fluorite and other raw materials prices remain low, and the crude oil support in the aluminum fluoride market is weak. In addition, the overall operating rate of aluminum fluoride is on the high side, some factories have high spot stocks, and the shipping pressure is increasing. Some aluminum fluoride manufacturers have lowered the shipping prices. On the whole, the aluminum fluoride market is relatively stable.

The aluminum fluoride industry analysts of the chemical branch of the business society believe that: the upstream fluorite price is low, and the current aluminum fluoride inventory is high. It is expected that the aluminum fluoride market will be stable in the near future.

1、 Price trend

According to the monitoring data of business agency, the average ex factory price of domestic chlorinated paraffin 52 grade I product was 4733 yuan / ton on August 31, and 4800 yuan / ton on September 4, respectively. The price rose by 1.41% this week. .

2、 Market analysis

Chlorinated paraffin prices rose slightly this week. The factory quotation of chlorinated paraffin 52 in Jiangsu Province is 4600-5100 yuan / ton, that in Hebei Province is 4200-4800 yuan / ton, and that in Henan Province is 4400-5200 yuan / ton. The factory quotation of chlorinated paraffin 52 in Northeast China is 4400-5300 yuan / ton. The factory quotation of chlorinated paraffin 52 in Shandong Province is 4500-4800 yuan / ton. The factory quotation of chlorinated paraffin 52 in Northwest China is 4600-5300 yuan / ton. The factory quotation of chlorinated paraffin 52 in East China is 4500-4800 yuan / ton. The factory quotation of chlorinated paraffin 52 in North China is 4500-5000 yuan / ton. The factory quotation of chlorinated paraffin 52 in South China is 4500-5000 yuan / ton.

The price of raw material market remained stable this week. The price of raw material liquid wax is stable and the trading volume is general. The price of raw material liquid chlorine in Shandong Province is at a high level, some enterprises’ prices have been raised, the market volume has decreased, and the main short-term fluctuation is small.

3、 Future forecast

Chlorinated paraffin analysts believe that at present, the price of chlorinated paraffin raw material liquid chlorine is rising, and the cost is increasing. But the demand aspect is not ideal, the transaction atmosphere is not good. It is expected that the market of chlorinated paraffin will run smoothly in the short term.

On September 2, the U.S. WTI crude oil futures market price fell, with the settlement price of main contracts at $41.51/barrel, down $1.25. Brent crude oil futures market price fell, the main contract settlement price to 44.43 U.S. dollars / barrel, down 1.15 dollars. Oil prices fell sharply on Wednesday, with WTI down nearly 3%, reversing the early trading trend, mainly due to lower US gasoline demand last week and market signals of OPEC + easing production cuts.

Despite the overall positive performance of the US Energy Information Agency (EIA) crude oil inventory data on Wednesday, there were still risks on the demand side. U.S. crude oil inventories, gasoline and distillate stocks fell last week, with U.S. crude oil inventories falling by 9.4 million barrels to 498.4 million barrels, according to a report released by the EIA on Wednesday. Last week, most of the US coastal oil and gas production facilities and capacity shut down before Hurricane Lara hit, with a record 1.1 million B / D to 9.7 million B / D, the lowest level since January 2018. The positive inventory data also curbed the decline in oil prices.

At present, more attention has been paid to the recovery of demand. At present, there is still a lot of pressure. Gasoline demand fell last week from the previous week, with data showing that gasoline demand fell to 8.78 million B / D from 9.16 million B / D in the previous week. In addition, other relevant data are not optimistic. From the U.S. employment data, the growth of private jobs in the United States was lower than expected for the second consecutive month, which further strengthened the market’s concern about the outbreak lasting for a longer time.

In addition, according to market news, the scale of OPEC + production reduction is questionable. The Iraqi side has said that it needs to delay two months to reach the designated production reduction target. Moreover, according to the survey results of some institutions, OPEC’s oil production in August increased by 950000 barrels / day to 2427 million barrels / day compared with the previous month, which was 400000 barrels / day more than the results published by OPEC. The main reason is that with the gradual recovery of the global economy, oil production has been gradually recovered Demand also rose, with the group and its allies cutting back on previous record production cuts, which led to OPEC oil production increasing for the second month in a row.

From the perspective of business associations, the oil market is in a complex environment of multiple and short space. Among them, the supply side has the advantage of continuous decline of crude oil inventory in the United States, and there is also a negative effect of OPEC + oil producing countries relaxing production reduction expectations. In addition, the demand side has been boosted by the gradual recovery of major European and American economies, as well as uncertainty in the future under the impact of the current epidemic. Generally speaking, oil prices may continue to fluctuate in the near future.

Price trend

According to the data of the business club’s bulk list, the market trend of domestic PA66 in August was relatively strong, and all models of products had a certain increase. As of August 31, the average price quoted by PA66 medium viscosity injection molding class sample enterprises was about 19200.00 yuan / ton, an increase of 2.13% compared with the average price level at the beginning of the month.

In terms of adipic acid upstream of PA66, the domestic adipic acid market was stagnant in August, and the price fluctuation was not big, and the prices in some regions were slightly lower. According to the data monitored by the business agency, adipic acid in East China decreased slightly, by only 0.91%. The market demand was sluggish, the market supply pressure was not reduced, and most dealers reported low profits to ship goods. Market people still looked down on the future market, and the dealers were mainly light on inventory operation. As of the end of the month, according to the monitoring of the business agency, the current adipic acid market quotation range was 6500-6700 yuan / ton. This month, the operating rate of adipic acid manufacturers is more than 80%, maintaining a high level. The supply of market supply is relatively sufficient, and the manufacturers’ inventory pressure is large. In the near future, the price of pure benzene has fallen periodically, which weakens the support for adipic acid downstream. At present, the main contradiction in the market is that the downstream demand has not fundamentally improved, and adipic acid is squeezed from both upstream and downstream, resulting in the gradual decline of enterprise profits. Adipic acid is expected to remain weak in the short and medium term.

The upstream adipic acid generally supported the cost of PA66, but PA66 still rose in August. At present, the supply in the market is still at a low level. At present, the operating rate of each manufacturer is stable and has little change. The low load operation of production enterprises has diverted considerable supply pressure and stabilized the declining trend for half a year due to loose supply. In addition, a letter of price increase has been issued this month by major international manufacturers to enhance market confidence. Although the actual demand of downstream is limited, the purchasing enthusiasm is better than that of last month. The shipment situation of merchants is fair, but the actual trading is still limited. At present, it has entered the traditional peak season of “gold, nine silver and ten”, and it is expected that PA66 will continue its strong trend.

Business agency analysts believe: domestic PA66 market rose in August. The upstream spot price of adipic acid is mainly rigid, and the support to the cost side of PA66 is general. The inquiry and purchase of downstream factories are just in need of operation. At present, domestic slicing plants maintain the strategy of low opening rate to reduce excess supply, and the situation of insufficient supply and actual turnover coexist. Entering the traditional peak season, the purchase and consumption of PA66 are expected to increase, and it is expected that the market of PA66 will have strong performance in the short term.