1、 Price trend

According to the large data list of business associations, the average price of domestic phosphoric acid on November 16 was 5016.67 yuan / ton, up 0.33% compared with the beginning of the month, 3.08% on a month on month basis, 6.23% lower than the beginning of the year, and 6.25% lower than the same period last year.

2、 Market analysis

In November, the phosphoric acid market showed a steady upward trend. Due to the increase of electricity price in normal water period, the price of raw material yellow phosphorus went up, driving the price trend of phosphoric acid. Recently, the price of yellow phosphorus has stabilized, and the fluctuation of phosphoric acid has decreased. The increase is in the range of 50-100 yuan / ton, and most of the enterprises are waiting-and-see. At present, the market demand is insufficient to follow up, some enterprises are under pressure to ship goods, and new orders are generally traded. Therefore, there is no effective driving force for the upstream, and the enthusiasm for pursuing the rise of the downstream is not high. The price of phosphoric acid is facing a stalemate for the time being. With the requirements of atmospheric monitoring and environmental protection in autumn and winter, the spot price of yellow phosphorus is still tight, and the future market is still expected to rise, which may continue to drive the phosphoric acid Market soaring.

According to the monitoring of the business agency, as of November 16, the average market price of 85% industrial purified water phosphoric acid was about 5016.67 yuan / ton, the price in Sichuan was 4850-5400 yuan / ton, and the price was stable; the quotation in Beijing was about 4700 yuan / ton, the price was temporarily stable; in Hubei, the price was about 4900-5100 yuan / ton, the price was rising; in Tianjin, the price was 5 About 600 yuan / ton, the price is temporarily stable; the price in Jiangsu is about 4800 yuan / ton, which is stable and wait-and-see, and the prices in various places are stable and rising.

Regional product specification date price (yuan / ton)

Phosphoric acid content in East China: 85% Nov 16 5390-5400

Phosphoric acid content in Southwest China: 85% Nov 16 4900-4920

Phosphoric acid content: 85% in Central China

The phosphoric acid industry chain showed an upward trend. On November 15, the phosphoric acid industrial chain index was 90.91, which was the same as yesterday, 14.44% lower than the highest point 106.25 (2012-03-22) and 17.15% higher than the lowest point 77.60 on July 02, 2019. (Note: period refers to 2011-12-01 to now)

For yellow phosphorus, in the first ten days of November, the price of domestic yellow phosphorus market was stable and rising. At present, the overall trend of the domestic yellow phosphorus market is relatively stable, manufacturers mainly issue early orders, and the yellow phosphorus market spot is slightly tense. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is about 16500 yuan / ton; the mainstream quotation in Guizhou is relatively stable at around 16200 yuan / ton; the mainstream quotation in Sichuan is about 16500 yuan / ton. Due to the rising cost, the yellow phosphorus enterprises intend to raise the price, but the downstream acceptance is not high.

Since the beginning of November, the domestic phosphate ore market has been running steadily. During this period, it is heard that some mining enterprises in Guizhou and Guangxi intend to increase the ex factory quotation of phosphate ore, but due to the small increase of orders in the short term, it has not been implemented on the spot. Until the 10th, some mining enterprises in Guizhou slightly raised the ex factory price of medium and high-end phosphate ores by 10-20 yuan / ton. At present, the market transaction is stable and the overall high-level sorting operation is carried out.

Ammonium phosphate, at present, the supply of monoammonium phosphate is declining, and the price is rising. DAP mainly sends export orders and downstream compound fertilizers are purchased on demand. It is expected that in the short term, monoammonium will continue to maintain the upward trend, and diammonium will increase steadily or slightly.

3、 Future forecast

The phosphoric acid analysts of the chemical branch of the business society believe that the current market demand is not followed up enough, some enterprises are under pressure to ship, and the new orders are generally traded. Therefore, there is no effective driving force for the upstream, and the enthusiasm for pursuing the rise in the downstream is not high. The price of phosphoric acid is facing a stalemate in the short term. With the rising expectation of yellow phosphorus in the future, the market price of phosphoric acid may continue to soar.

1、 Price trend

Taking the rutile titanium dioxide produced by sulfuric acid process, which has a large volume in the domestic market, as an example, the price of titanium dioxide rose this week according to the data of the business club’s bulk list. At the end of last week, the average price of titanium dioxide in China was 15333.33 yuan / ton, and the average price of this week was 15833.33 yuan / ton, and the price rose by 3.26% during the week.

2、 Market analysis

Titanium dioxide prices are up this week. At present, the export market of titanium dioxide keeps a good growth, and the raw material titanium concentrate market is boosting. The domestic spot market is in serious tension, which leads to the rising price market. Up to now, the domestic ex factory price of rutile titanium dioxide is 14800-16500 yuan / ton, and that of anatase titanium dioxide is 12200-14000 yuan / ton.

In October 2020, China’s titanium dioxide output was 322900 tons, an increase of 20700 tons compared with September, a month on month increase of 6.85%, and a year-on-year increase of 17.57%. From January to October, the total output of titanium dioxide was about 2.8392 million tons, an increase of 9.57% over the previous year, an increase of 248000 tons.

In terms of raw materials, this week, Panzhihua titanium ore quotation was raised, and the price quotation of titanium ore was firm and upward. At present, the price of 38 titanium ore without tax is 1320-1350 yuan / ton, that of 46, 10 titanium ore is 1920-2050 yuan / ton, and that of 20 ore is 1890 yuan / ton. This week panzhikuang price high, downstream wait-and-see sentiment is strong, and spot is still nervous, new single continued to rise slightly. It forms a strong support for the downstream titanium dioxide market.

3、 Future forecast

Business Club titanium dioxide analysts believe: the current export orders of enterprises perform well. The main manufacturers and distributors hold foreign trade orders in December, so the pressure of shipment is not big. Domestic spot shortage, raw material titanium ore price high. It is expected that in the short term, the titanium dioxide market will mainly operate at a high level.

According to the monitoring of the bulk data of the business agency, the domestic acetic acid market has been strong and upward recently. As of November 11, the average price of acetic acid in East China was about 2843 yuan / ton, up 7.57% compared with the beginning of the month and 13.58% higher than the same period of last month. At present, there are 2700-2880 yuan / ton in Shandong, 2900-3000 yuan / ton in Jiangsu, 3050-3150 yuan / ton in Zhejiang, 2750-2820 yuan / ton in Henan, 2750-2800 yuan / ton in Hebei and 2400 yuan / ton in Northwest China.

Unit capacity (10000 t / a) unit output (T / D)

Yankuang Guotai 110.3000

Hualu Hengsheng 50.1500

Yangtze BP 50 1300

Jiangsu Sopu 120 3300

Celanese 1200 2500

Jiantao, Hebei Province

Tianjin Bohua 35.1000

Henan Shunda 40.1400

Henan Longyu 50.1500

Henan Yima 25 parking

Shaanxi Yanchang 30.1300

Shanghai Huayi 70.1600

Anhui Huayi 50.1300

Dalian Hengli 35.1300

At present, the domestic acetic acid market continues to rise, the price of acetic acid rises to the high level within the year, and the overall market starts smoothly. Enterprises in East China execute more export orders. In addition, the domestic demand in downstream market is good, and the inventory of enterprises is generally low. Some enterprises need to wait for three or four days to arrange orders, which supports the strong upward trend of acetic acid market.

In terms of upstream methanol market, due to weather factors, plant shutdown and maintenance in some regions led to a decline in market supply. In addition, the inventory of production enterprises is not high, the industry is mostly in good mood, and the profits of traders are fair. It is expected that the domestic methanol market will be in a strong operation in the short term, at present, it is about 2027 yuan / ton. On the downstream side, after the continuous rise of acetate Market, the purchase of terminal market is rational. At present, the market supply is sufficient, the cost support is good, and the trading atmosphere in the industry is flat, and it is expected to maintain stable operation in a short time.

Recently, the supply of acetic acid in the international market is tight, and the price of acetic acid in various regions is stable. At present, the acetic acid Market in Asia is about 360-420 US dollars / ton; the European market is about 570 euro / ton; the North American market is about 530 US dollars / ton.

The acetic acid analysts of the business society believe that the domestic acetic acid market has a strong growth trend, the export domestic demand is double supported, the enterprise inventory is low, and the price intention is high. In the situation of short supply in the market, it is expected that the acetic acid market will remain stable in a short period of time.

From November 2 to 6, 2020, the market price of crude benzol will rise. The ex factory price in North China will be 2556.25 yuan / ton at the beginning of the week and 2646.25 yuan / ton at the weekend, with a weekly increase of 3.52%.

Summary of Sinopec’s pure benzene price adjustment in November 2020 (unit: yuan / ton)

Price adjustment amount after date adjustment

November 4 3750 + 150

In November 2020, Sinopec’s pure benzene price will be increased by 150 yuan / ton, and 3750 yuan / ton will be implemented by all its refineries.

This week, the coking enterprises started well, the sixth round of increase in coke was basically implemented this week, with a cumulative increase of 300 yuan / ton. The current profits of coking enterprises are relatively high, coupled with the recent loose environmental protection policies, the operating rate of enterprises is high, and the supply of crude benzene is sufficient. This week, the price of pure benzene hydrogenated benzene was mainly driven by downstream styrene. Sinopec was listed on the 4th and increased by 150 yuan / ton, and now it is 3750 yuan / ton. Crude benzol Market was boosted and trading was positive. The bidding price of main production areas was raised this week, and the price of Shandong Province rose by about 120 yuan / ton.

In the future, the business agency believes that the current price rise of pure benzene is mainly driven by the rise of styrene and maleic anhydride in the downstream. This week, the price boost of styrene to pure benzene and hydrogenated benzene decreased. Affected by the rising cost of raw materials, the downstream profits decreased, and the supply and demand side of pure benzene was weak. There was a certain pressure on the upward trend. It is expected that the future market will be dominated by high consolidation.

1、 Price trend

According to the business club’s big list data, pure benzene fell at the beginning of the week and rose rapidly in the later period. On November 1, the listed price of pure benzene was 3350-3650 yuan / ton (with an average price of 3575 yuan / ton); on this Sunday (November 8), the listed price of pure benzene was 3590-3800 yuan / ton (with an average price of 3710 yuan / ton), which was 135 yuan / ton or 3.78% higher than last week.

2、 Analysis and comment

At the beginning of the week, the decline trend of last week continued, and pure benzene in Shandong continued to fall. On Wednesday, Sinopec’s listed price of pure benzene increased by 150 yuan / ton to 3750 yuan / ton, with stronger support at the bottom. In addition, the downstream styrene continued to rise strongly, driving the price of pure benzene to rise rapidly.

In terms of external market, on Friday (November 6), the import of pure benzene from South Korea was 480 US dollars / ton, up 29.67 US dollars / ton, or 6.59% compared with October 30; pure benzene imported from East China was 487 US dollars / ton, up 28 US dollars / ton, or 6.1% compared with October 30.

In terms of crude oil, this week’s market focus turned to the US presidential election, and oil prices rebounded. Compared with October 30, Brent rose $2.095 per barrel, or 5.79%, while WTI rose $1.34 per barrel, or 3.71%. Compared with December 31, 2019, Brent decreased by 42.63%, and WTI decreased by 38.31%.

Downstream: driven by terminal downstream demand and downstream high prices, styrene continued to rise sharply this week. On November 8, the price of styrene in Shandong was 7700 yuan / ton, up 650 yuan / ton or 9.22% over last week.

This week, aniline Market is stable and small. On November 8, the price of aniline in Shandong was 6500-6700 yuan / ton, and that in Nanjing was 6700-6800 yuan / ton

3、 Future forecast

In terms of crude oil, the surge of epidemic cases in Europe and the United States has dragged down the oil price and kept the oil price under pressure.

Styrene basically faces good, short-term market is still upward, but chasing up styrene sentiment weakened. In addition, the port inventory of pure benzene is high, and the fundamentals are weak. Next week, the price of pure benzene may be slightly reduced. Pay attention to the planned parking of the downstream in the near future, and the demand may decrease.

1、 Price trend

2、 Market analysis

According to the data of the business agency, the market of potassium sulfate in Hebei is stable this week, and the output of Mannheim potassium sulfate is about 2550 yuan / ton for 50% powder and 2650 yuan / ton for 50% granules and 52% water soluble powder. According to monitoring, the price of Mannheim potassium sulfate has generally increased in recent years, with an increase of about 50 yuan, mainly reflected in the transaction of low-end products. At present, the operating rate of manufacturers remains high, and the overall supply of spot resources remains stable. At present, the winter storage market is gradually liberalized, and the purchase of raw materials will bring certain support to the potassium sulfate Market, and the manufacturers have no obvious supply pressure. The annual task of potash has already been completed, and a large number of Yunnan tobacco orders will be supplied in the later stage. At present, the supply pressure is great. However, the operating rate of Qinghai manufacturers has been abnormal. The shortage of water and salt supply and the rise of price have helped Mannheim potassium sulfate stabilize its fatigue to a certain extent.

The upstream price of potassium chloride maintained a high and stable situation. The high-end quotation of 62% powdered potassium in the port reached 2150 yuan / ton. The prices of 62% white crystal, 60% red powder and 60% Dahong granule have also been fully increased. The cost is rising continuously, and the market price of potassium sulfate has increased compared with the previous period. In terms of demand, the winter storage market will be gradually liberalized, and the procurement of raw materials will bring certain support to the potassium sulfate Market.

3、 Future forecast

The potassium sulfate analysts of the business society believe that: at present, the potassium sulfate Market is running stably, driven by the cost, the price has increased compared with the previous period, the overall demand of the downstream is weak, and the market fluctuation is not large in the short term.

According to the business agency data monitoring: on November 5, the price of lithium carbonate remained stable. On November 5, the average price of industrial grade lithium carbonate in East China was 39500 yuan / ton, which remained stable compared with the beginning of the month (the average price of industrial grade lithium carbonate in East China on November 1 was 39500 yuan / ton). On November 5, the average price of battery grade lithium carbonate in East China was 44200 yuan / ton, which remained stable compared with the beginning of the week (the average price of battery grade lithium carbonate in East China on November 1 was 44200 yuan / ton). On May 5, the mainstream quotation of industrial grade lithium carbonate market was around 35000-40000 yuan / ton, and that of battery grade lithium carbonate was around 40000-45000 yuan / ton.

According to the observation of market changes, the transaction atmosphere of lithium carbonate market this week is relatively flat, and the supply of lithium carbonate products in some regions is in a tight state, and the final transaction price is mainly based on interviews. Enterprises with lower transaction price in the early stage may gradually increase the price to 36000 yuan / ton. In addition, the upstream and downstream enterprises continue to heat up the price game, so the price of lithium carbonate will remain stable for the time being.

From the perspective of power market, the general office of the State Council recently issued a notice on the development plan of new energy vehicle industry (2021-2035), some of which have been changed from the draft for comments issued in December 19, such as adjusting the penetration rate of new energy vehicles to 20%, and increasing the energy consumption per 100 km by 1 degree. This policy may have a positive impact on cobalt and lithium demand in the next five years and in the long run.

According to the price monitoring of the business agency, on November 4, 2020, there were 19 kinds of commodities in the list of commodity price rise and fall on November 4, 2020, including 1 commodity with an increase of more than 5%, accounting for 1.1% of the total number of commodities monitored in this plate; the top three commodities of increase were silicone DMC (10.29%), maleic anhydride (3.54%) and phthalic anhydride (3.52%). There were 8 kinds of commodities with a decline of more than 5%, accounting for 1.1% of the total number of monitored commodities in the sector; the top three products were DMF (- 17.96%), sodium pyrosulfite (- 3.67%) and TDI (- 2.06%).

Lithium carbonate analysts of the business club believe that the current market price of lithium carbonate is relatively stable, enterprises with low price gradually increase the price, and enterprises with high price stabilize the price and actively ship. It is expected that the price of lithium carbonate will be stable in the short term.

Trade name: br 9000

Latest price (November 4): 10780.00 yuan / ton

Key points of analysis: according to the monitoring of the business agency, the price of BR 9000 in China was 10780.00 yuan / ton on the 4th, down 1.91% from the previous day. As of November 3, the price of butadiene was 9200 yuan / ton. The downstream tire operating rate is stable, and the demand side is still supported, but the high price raw materials are slightly wait-and-see. According to the business agency, as of the end of October, the semi steel tire operating rate was near 7 cities, which was basically stable compared with the previous period. The ex factory price of petrochemical manufacturers is stable, and traders are cautious in offering and shipping. According to business agency monitoring, as of the 4th, the ex factory price of Daqing Shunding in Northeast China was 10900 yuan / ton.

After market forecast: the high price of raw materials and the rigid support of downstream demand all form a favorable support for cis-1,4-polybutadiene rubber, but the downstream has some resistance to the high price of cis-1,4-polybutadiene. It is expected that the price of cis-1,4-polybutadiene rubber will show a trend of concussion and consolidation in the short term.

Today (11.3) the domestic methanol market rebounded, and some manufacturers continued to increase the ex factory quotation, with the price adjustment range of 30-50 yuan / ton in two days. According to the monitoring data of business agency, the average price of methanol producers in Shandong Province was 1882 yuan / ton on November 1, and 1902 yuan / ton on November 3 in Shandong Province. The price cycle increased by 1.06%, and the price rose by 5.99% month on month, with a year-on-year decrease of 38.26%. The methanol market quotation in various regions has also increased to varying degrees, especially in Shandong, Anhui and Fujian. The main factors of this price rise are the favorable futures, the rebound of international crude oil price, the maintenance of production enterprises in some regions, the low inventory, and the favorable influence of the recovery of downstream demand. In the short term, the positive factors will still remain for a period of time, traders are full of bullish mentality. The methanol analysts of the business club predict that the domestic methanol market will fluctuate in the short term.

As of 11.3, summary of methanol market prices in various regions:

Regional price

Qinghai Area/

RMB 1710-1750 / t spot exchange in Shanxi

RMB 1780-1800 per ton in Liaoning

RMB 2040-2050 / T in Fujian

The factory reference of Lianghu area is 1920-2000 yuan / ton

Anhui Province 1920-1940 yuan / T acceptance delivery

Henan Province factory reference 1780-1800 yuan / ton

1、 Price trend

According to the price monitoring of business society, on October 30, the average price of mainstream manufacturers of salicylic acid (industrial grade) was 13500 yuan / ton, which was flat compared with the beginning of the week, up 2.53% on a month basis, and fell 11.96% compared with the beginning of the year.

2、 Market analysis

This week, the salicylic acid market is running smoothly, and there is no wave for now. Recently, the atmosphere of the salicylic acid market has recovered, the enthusiasm of downstream inquiry has been improved, the enthusiasm of traders to store goods has increased, the investment atmosphere has improved, the factory starts at a high level, the shipping pressure is not large, the mentality is relatively flat, and the market is still stable in the short term. As of October 30, the industrial quotation of salicylic acid is mostly in the range of 10000-15000 yuan / ton, with stable price; the pharmaceutical grade quotation is mainly in the range of 23000-25000 yuan / T, with stable price; the sublimation quotation is mainly in the range of 15000-20000 yuan / ton, with stable price, and the actual transaction is mainly negotiated.

The upstream phenol market has been in the range fluctuation, showing a trend of rising first and then falling. The overall negotiation atmosphere in the field is light, and the trading and investment are cold. According to the monitoring data of business society, the average offer of phenol Market in China from Oct. 1 and Oct. 28, 2020 increased from 5487 yuan / ton to 5950 yuan / T in the middle of month, and fell to 5587 yuan / T near the end of the month, and the current market of East China fell by 5500 yuan / ton. The offer in North China, such as Shandong, continued to be high, but the market transactions were few, and the South China region was slightly high, and the downstream still needed to follow up.

3、 Post market forecast

The analyst of salicylic acid of business agency thinks: at present, the atmosphere of salicylic acid market is warming, the enthusiasm of downstream inquiry is improved, the investment atmosphere is better, the manufacturer is under little pressure on delivery, and the mentality is relatively flat, and the market is still stable in the short term.