Price trend of calcium carbide in Northwest China in 2020

 

【1】 The price of calcium carbide will rise by 43.37% in 2020

 

As can be seen from the above figure, the ex factory price of calcium carbide in Northwest China will fluctuate and rise in 2020. As of December 30, the average price quoted by the mainstream calcium carbide manufacturers was 3890.00 yuan / ton, up 1176.67 yuan / ton or 43.37% compared with 2713.33 yuan / ton quoted at the beginning of the year.

 

【2】 The price of calcium carbide in Northwest China fell 2.46% in the first quarter

 

In the first quarter of 2020, the market of calcium carbide first rose and then fell. The ex factory price of calcium carbide first rose from 2713.33 yuan / ton on January 1 to 2890.00 yuan / ton on February 20, up 176.67 yuan / ton, or 6.51%; then it fell to 2646.67 yuan / ton on March 31, with a decline of 243.33 yuan / ton, or 8.42%. Overall, calcium carbide market fell slightly in the first quarter, down 2.46%.

 

Statistics of China’s calcium carbide export in the first quarter of 2020

Monthly export quantity (ton) export amount (USD)

From January to February: 11180.575 to 5778764

March 15421.3 8781165

Total 26601.875 14559929

 

【3】 Calcium carbide prices in Northwest China fell 0.25% in the second quarter

 

In the second quarter, the market of calcium carbide first fell, then rose, and finally stabilized. The ex factory price first fell from 2646.67 yuan / ton on April 1 to 2316.67 yuan / ton on April 23, with the quoted price falling by 330 yuan / ton, or 12.47%; then it rose to 2690.00 yuan / ton on June 8, with an increase of 373.33 yuan / ton, or 16.11%; finally, the price of calcium carbide remained at about 2670 yuan / ton until the end of the quarter. On the whole, the market of calcium carbide in the second quarter dropped by 0.25%.

 

Statistics of China’s calcium carbide export in the second quarter of 2020

Monthly export quantity (ton) export amount (USD)

April 12068.8 6521164

May 19327.85 4516985

Jun. + 9031.325 4665872

Total: 30427.975 15704021

 

【4】 Northwest calcium carbide prices rose 5.40% in the third quarter

 

In the third quarter, the market of calcium carbide first fell and then rose. The factory price of calcium carbide first dropped from 2577.50 yuan / ton on July 1 to 2402.5 yuan / ton on July 13, down 175.00 yuan / ton, down 6.79%; then it rose to 2740.00 yuan / ton on August 24, up 337.50 yuan / ton, up 14.05%. At last, the price of 2720 yuan / ton was maintained until the end of the quarter. Overall, calcium carbide market rose slightly in the third quarter, or 5.40%.

 

Statistics of China’s calcium carbide export in the third quarter of 2020

Monthly export quantity (ton) export amount (USD)

July 11980.525 5945080

August 15244.5 7448909

September 10459.2 5255610

Total: 37684.225 18649599

 

【5】 Northwest calcium carbide prices rose 43.19% in the fourth quarter

 

Calcium carbide market continued to rise sharply in the fourth quarter. At the end of December, the price of calcium carbide rose slightly to 14683.67 yuan / ton, with an average price of 14683.00 yuan / ton at the end of December. On the whole, the calcium carbide market rose sharply in the fourth quarter, or 43.19%, with a slight decline at the end of the quarter.

 

Statistics of China’s calcium carbide export in the fourth quarter of 2020

Monthly export quantity (ton) export amount (USD)

Oct. ~ 8963.05 ~ 4490920

Nov.? 8814? 4495861

Total 17777.05 8986781

【6】 Up 28.64% in a single month

 

In November 2020, the ex factory quotation of calcium carbide increased from 2863.33 yuan / ton on November 1 to 3683.33 yuan / ton on November 30, with an increase of 820.00 yuan / ton, the biggest monthly increase in 2020, with an increase of 28.64%.

 

【7】 12.09% in a single month

 

In April 2020, the ex factory quotation of calcium carbide decreased from 2646.67 yuan / ton on April 1 to 2326.67 yuan / ton on April 30, with a decrease of 320.00 yuan / ton, the largest monthly decrease of 12.09%.

 

【8】 The highest price difference of calcium carbide in 2020 is 1850.00 yuan / ton

 

On April 2, 2020, the average ex factory price of calcium carbide is 2333.33 yuan / ton, which is the lowest price of calcium carbide this year. On December 16, 2020, the average ex factory price of calcium carbide is 4183.33 yuan / ton, which is the highest price of calcium carbide this year. Compared with the lowest price, the price difference of calcium carbide is 1850.00 yuan / ton.

Polyglutamic acid

441 silicon price trend

 

On December 29, the price of silicon metal (441) was stable. According to the data of business news agency, on December 29, the average market price of domestic metallic silicon (441) was 13891.67 yuan / ton, a decrease of 0.24% compared with the average market price of 13925 yuan / ton at the beginning of the month (12.1), a rise of 32.41% compared with the average market price of 10491.67 yuan / ton at the valley (7.1), and a rise of 17.39% compared with the average market price of 11833.33 yuan / ton at the beginning of the year (1.1).

 

The price of 441 ᦇ silicon in different regions on the 29th is as follows:

 

The price range of silicon metal is 13200-13400 yuan / ton in Fujian, 13600-13700 yuan / ton in Sichuan, 13600-132700 yuan / ton in Kunming, 14600-14800 yuan / ton in Shanghai, 14000-14200 yuan / ton in Tianjin and 13900-14000 yuan / ton in Huangpu

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Price trend

 

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According to the data monitoring of the business association, the price of acetic anhydride will rise sharply in 2020, and the market of acetic anhydride will keep rising. As of December 28, the average quoted price of acetic anhydride was 7500.00 yuan / ton, up 3000 yuan / ton or 66.67% from 4500.00 yuan / ton at the beginning of the year (January 1). The acetic anhydride market in 2020 is divided into three stages: the first stage: from January to may, the acetic anhydride price rises steadily with the support of demand; from June to October, the acetic anhydride market fluctuates and maintains stability; from November to December, the acetic anhydride price rises sharply with the support of raw materials.

 

Acetic anhydride rising stage supported by demand

 

It can be seen from the price trend chart of acetic anhydride from January to May that the price of acetic anhydride fluctuated and rose from January to May. The demand for acetic anhydride was less affected by the epidemic period, and the demand for acetic anhydride was relatively high because acetic anhydride was mostly used as raw materials for drug production. The price of acetic anhydride rose slightly from January to April. With the increase of equipment maintenance of acetic anhydride manufacturers in May, the price of acetic anhydride rose at the first peak. As of May 31, the price of acetic anhydride rose by 39.44% compared with the beginning of the year.

 

Shock adjustment stage

 

It can be seen from the price trend chart of acetic anhydride from June to October that the price of acetic anhydride fluctuated and adjusted from June to October. From June to October, acetic anhydride enterprises had equipment shutdown for many times, and the price of raw materials of acetic anhydride fluctuated and adjusted. The cost of acetic anhydride changed greatly, and acetic anhydride rose and fell sharply at this stage. However, the overall supply and demand of acetic anhydride is relatively stable, the parking time of equipment is short, and there are more inventory sales.

 

Raw materials support soaring stage

 

It can be seen from the price trend chart of acetic anhydride from November to December that the price of acetic anhydride rose sharply from November to December. This is the second surge in 2020, which is different from the surge caused by demand from January to May. The surge from November to December is mainly caused by the surge of raw material prices. From November to December, the prices of acetic acid and methanol rose sharply, the cost of acetic anhydride rose, and the price of acetic anhydride rose with each other.

 

Acetic acid price trend

 

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It can be seen from the acetic acid price trend chart that in the first three quarters of 2020, the acetic acid market fluctuated and stabilized; in the fourth quarter, the acetic acid price rose straight. Affected by the epidemic, the export of acetic acid declined seriously in the first three quarters, the domestic demand was relatively weak, and the price of acetic acid was relatively at a historical low; in the fourth quarter, with the expected improvement of demand and the high support of downstream construction, the establishment of RECP Free Trade Zone promoted the export, and the future demand was expected to rise.

 

Methanol price trend

 

It can be seen from the methanol price trend chart that the methanol price rose sharply from November to December, the raw material price of acetic anhydride rose, the cost of acetic anhydride rose, and the driving force of acetic anhydride rise increased.

 

Market summary and future forecast

 

Bai Jiaxin, an acetic anhydride data analyst of business news agency, believes that the rising market of acetic anhydride in 2020 is closely related to the particularity of acetic anhydride products and the relatively stable demand of downstream customers. The downstream customers of acetic anhydride are mostly used for pharmaceutical and cellulose acetate products. The demand for these products is relatively stable. The change of acetic anhydride price mainly depends on the operating rate of acetic anhydride enterprises and the price of raw materials. During the epidemic period, the demand for acetic anhydride increased slightly compared with previous years, which led to the rise of acetic anhydride price, and then the shutdown and maintenance of acetic anhydride enterprises led to the sharp rise of acetic anhydride price; after that, the fluctuation adjustment of acetic anhydride price was also caused by the start-up of equipment and the change of raw material price of acetic anhydride enterprises; from November to December, the price of acetic acid and methanol rose sharply, the raw material price of acetic anhydride rose sharply, and the cost of acetic anhydride rose, which led to the rise of acetic anhydride price The price is soaring again.

 

In the future, acetic acid and methanol prices were relatively stable and had a slight decline at the end of December, raw material cost of acetic anhydride decreased, support for acetic anhydride rise was insufficient, start-up of acetic anhydride enterprises was stable, demand was stable, power of acetic anhydride rise was limited in the short term, and acetic anhydride price fluctuated and fell in the short term.

Polyglutamic acid

1、 Price trend:

 

According to the monitoring data of the business community, the price of caustic soda was weak. From the beginning of the week to the end of the week, the average price of Shandong market was 485 yuan / ton, down 23.32% in the same period of last year. On December 24, the commodity index of light soda ash was 69.74, flat with yesterday, down 40.83% from the highest point of 117.86 (2017-11-21) in the cycle, and up 10.44% from the lowest point of 63.15 on November 18, 2015. (Note: period refers to the period from September 1, 2011 to now)

 

2、 Market analysis

 

In December, the downstream purchase demand of caustic soda is general, and there is a certain conflict with the current price of caustic soda. It is expected that the follow-up or narrow range of caustic soda will be weak. The price of caustic soda in Shandong is weak, with 32% of the mainstream ex factory price of caustic soda at 400-530 yuan / ton. The price of caustic soda in Inner Mongolia is temporarily stable, with 32% of the mainstream ex factory price of caustic soda at 1500-1600 yuan / ton (100%). The downstream purchase demand is general, which has a certain conflict with the current price of caustic soda. It is expected that the follow-up or narrow range of caustic soda will be weak.

 

Demand: downstream. The downstream industry is in the off-season of production, and the demand side lacks support. The good news is scarce, and the support for caustic soda market is still poor. It is expected that caustic soda will still maintain low-level operation in the short term. According to the Statistics Bureau, the national caustic soda production increased by 16.4% year on year in November. Under the good profit support of chlor alkali enterprises, the overall operation of caustic soda continued to be high.

 

According to the price monitoring of the business community, in the 50th week of 2020 (12.14-12.18), the price of chlor alkali industry increased by 1 commodity, decreased by 3 commodities, and decreased by 0 commodity. The main commodities rising were calcium carbide (5.91%); the main commodities falling were light soda (- 3.18%), hydrochloric acid (- 0.81%) and PVC (- 0.44%). The average rise and fall this week was 0.3%.

 

Business analysts believe that in the near future, the factory price of caustic soda is stable as a whole, the cost side changes little, and the operation is mainly stable and small. The downstream purchase demand is general, and there is a certain conflict with the current price of caustic soda. It is expected that the subsequent or narrow range of caustic soda will be weak, depending on the downstream market demand.

Polyglutamic acid

The discovery of the new coronavirus variant in the UK has triggered a heated discussion in the market and affected the commodity market as well. Yesterday, the rubber was seriously impacted. Japan’s big board exchange said that the May rubber contract closed down 6.8% to 231.2 yen / kg, the biggest one-day drop since early November. Domestically, the main contract of Shanghai Rubber fell 7.11% to 13905 yuan / ton. Concerns about the new coronavirus mutation have led investors into a safe haven mode and have sold their positions to take profits. In addition, the demand of rubber market was also affected by the red warning level 1 emergency response of heavy pollution in Shandong and other places.

 

“In fact, environmental restriction mainly affects the operating rate of tire factories. As of December 17, the operating rate of semi steel tire was 60.45%, and that of all steel tire was 61.79%, which was at the low point since June this year, 10% and 12% lower than that of the same period in 2019, and the overall operating rate was at a low level in five years. From this point of view, the impact of environmental protection and production restriction is relatively large. ” But the impact is more short-term, phased and even seasonal, Zhu said. From the perspective of demand, winter itself is the off-season of tire demand, and the operating rate will decline. In addition, the shortage of export containers affects export orders, and also has a drag on short-term demand.

 

For the future market, Zhu ziyue said that we can analyze the market situation of Jiaozhou from two time dimensions. “Before the Spring Festival, China is in the stop cutting period, the further accumulation range of Ru warehouse receipts is limited, the precipitation in overseas production areas is relatively rich, but not more than the level of 2016, and has decreased recently. It is expected that the supply will increase, and the terminal demand will gradually weaken, showing strong supply and weak demand as a whole. After the Spring Festival, the domestic cutting period or face weather, pests and other factors disturbance, downstream construction demand recovery, is expected to be weak supply and strong demand. In addition, we should pay attention to the effect and progress of the vaccine injection, as well as the virus mutation. The price driving force in 2020 mainly comes from the epidemic situation, and the market driving force in 2021 will also come from the epidemic situation. But in addition to the epidemic itself, we should also pay attention to the disturbance of fundamental factors. ” She said.

Polyglutamic acid

1、 Price trend

 

According to the business club’s big list data, aniline prices run this week. On December 13, the price of aniline in Shandong was 7600-7700 yuan / ton; in Nanjing, it was 7900-8000 yuan / ton; on December 20, the price in Shandong was 7600-7700 yuan / ton; in Nanjing, the price was 7900-8000 yuan / ton, with an average price of 18.07% higher than last week.

 

2、 Analysis and comment

 

In terms of cost, the price of pure benzene fell this week due to inventory pressure and the weakness of styrene. However, the overall positive news of benzene and styrene in the lower end of the week weakened. This week, Sinopec’s listed price of pure benzene remained stable at 4600 yuan / ton, which was higher than the local refining price. On Monday, the total inventory of pure benzene in East China port decreased by about 11000 tons compared with last week. This Sunday (December 20), the price of pure benzene was 4170-4600 yuan / ton (average price was 4486 yuan / ton), down 70 yuan / ton or 1.54% from last week.

 

The price of nitric acid this week was higher than that of last week. On Friday (December 18), the production price of nitric acid in East China was 2066.67 yuan / ton, which was 166.67 yuan / ton higher than that of last Friday, or 8.77%. Compared with the beginning of the month, it increased by 266.67 yuan / ton, or 14.82%. 29.17% higher than the same period last year

 

Affected by environmental protection inspection last week, Jinling and Huatai aniline plants in Shandong Province were put into operation with reduced load. New market supply decreased and prices rose. Aniline prices in East China followed. This week, aniline market supply is stable, downstream purchase is stable, stable price operation.

 

3、 Future expectations

 

In terms of cost, we should pay attention to the change of demand side of plant restart, and styrene should pay attention to the arrival of imported ships in the later stage. In December, new production capacity is expected to enter the downstream, and the demand for pure benzene may increase. The listed price of Sinopec is higher than that of local refining, and the market is waiting for its price guidance. Next week, near the end of the month, focus on the next month’s contract price negotiations. It is expected that benzene will recover slightly next week.

 

At the end of December, we should pay attention to the future trend of raw material pure benzene; in terms of supply, we should pay attention to the operation load and maintenance plan of the plant; on the demand side, we should pay attention to the purchase of downstream additives and MDI. Aniline prices are expected to be strong next week.

Polyglutamic acid

1、 Price trend

Polyglutamic acid cosmetic grade

The factory price of octanol in Shandong Province rose this week. This week, the average price of mainstream factory quotation of octanol in Shandong increased from 10200.00 yuan / ton at the beginning of the week to 11333.33 yuan / ton at the end of the week, with an increase of 11.11%, 62.29% compared with the same period last year. Overall, octanol market rose this week, with the octanol commodity index of 83.33 on December 18.

 

2、 Market analysis

 

From the manufacturer’s quotation, the main octanol manufacturer’s factory quotation in Shandong Province rose this week: Jianlan Chemical Co., Ltd. quoted 11000 yuan / ton of octanol at the end of this week, 1000 yuan / ton higher than that at the beginning of the week; lihuayi’s offer of octanol was 11000 yuan / ton at the end of this week, 1000 yuan / ton higher than that at the beginning of the week; Hualu Hengsheng’s offer of octanol this weekend was 12000 yuan / ton, compared with the beginning of the week It increased by 1400 yuan / ton.

 

From the perspective of upstream and downstream industrial chain, the propylene market in the upstream raw material market of octanol fell this week, with the quotation falling from 7979.18 yuan / ton at the beginning of the week to 7965.55 yuan / ton at the end of the week, a decrease of 0.17%, and an increase of 18.58% over the same period of last year. The high price consolidation of upstream raw material market, affected by supply and demand, has a positive impact on octanol price.

 

Octanol downstream market, DOP factory price rose this week. The DOP quotation rose from 9733.33 yuan / ton at the beginning of the week to 10533.33 yuan / ton at the end of the week, an increase of 8.22% and a year-on-year increase of 42.34% over the same period last year. Downstream DOP prices rose, downstream customers’ enthusiasm for octanol procurement increased, octanol demand was good, and the future market operators were more likely to wait for DOP trend.

 

3、 Future forecast

 

In late December, the market trend of octanol in Shandong was mainly fluctuated. Upstream propylene market high consolidation, strong raw material support, downstream DOP market rose sharply, downstream purchasing enthusiasm is good, octanol supply is normal. In addition, the n-butanol plant in Ludwigshafen, Germany, was forced to shut down, indirectly pulling octanol. Octanol analysts believe that: in late December, under the influence of supply and demand and raw materials, the octanol market in Shandong may fluctuate slightly.

Polyglutamic acid

1、 Price trend of epichlorohydrin

 

(Figure: P value curve of epichlorohydrin product)

 

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2、 Market analysis

 

This week, epichlorohydrin market narrow finishing operation. As of December 18, the average quoted price of epichlorohydrin enterprises was 11933.33 yuan / ton, which was 1.65% lower than the beginning of the week and 3.24% lower than that of November 18, according to the data of the bulk list of business associations.

 

At present, some enterprises stop for maintenance, the spot supply in the market is reduced, and the low intention of the cargo holders is not strong. However, the downstream small orders need to be followed up, the operation is cautious, and the market trading atmosphere is light. At present, the mainstream price of epichlorohydrin Market in Shandong is around 11900-12000 yuan / ton.

 

According to the data monitoring of the business agency, the price of epichlorohydrin of some enterprises is summarized (for reference only, the spot price of merchants is subject to the market, and the actual transaction price is mainly negotiated.)

 

Enterprise market price specification date

Shandong Yukang Chemical Co., Ltd. 12000 yuan / T premium product; 99.9% Min: 2020-12-17

Jinan Mingwei Chemical Co., Ltd. 12300 yuan / T national standard 99.9 2020-12-16

Shandong rongnuo Chemical Sales Co., Ltd. 11700 yuan / ton, excellent products; 99.9% Min: 2020-12-16

Aite (Shandong) new materials Co., Ltd. 12000 yuan / T premium products; 99.9% Min: 2020-12-16

Jinan plawa Chemical Co., Ltd. 12000 yuan / T premium products; 99.9% Min: 2020-12-15

Jinan aochen Chemical Co., Ltd. 11800 yuan / T premium product; 99.9% Min: 2020-12-14

Jinan Mingyu Chemical Co., Ltd. 11800 yuan / T national standard 99.9 2020-12-14

Upstream propylene, on December 17, the market price of propylene in Shandong was down. According to the price chart of business agency, the price of propylene rose continuously in late November, increasing by more than 12%. From the end of the month to the beginning of the month, the price was stable again. On the 4th, the price rose by about 450 yuan / ton from the 3rd to the 8th, up by 5.90%. On the 9th, the price was fully stable. On the 10th, some enterprises made up for the increase, and some of them fell slightly. On the 11th, the price began to decline twice, and the decline continued on the weekend. On the 14th, the price dropped 200-250 yuan / T. on the 15th, the price was mainly stable, and most of them remained stable in the later period Some enterprises have declined slightly, and some of them have dropped slightly today. The transaction volume in the market is between 7880 and 8150 yuan / ton, and the mainstream price is still around 7900 yuan / ton. Now the factory inventory pressure slightly increased, the shipment situation is ordinary.

 

On December 18, the epoxy resin Market in Shandong was weak. At present, the cost pressure slowed down. However, the low-cost shipping intention of the shippers was not high. The downstream companies were not confident in the future market. The operation was cautious and the inquiry was limited. At present, the mainstream reference price in the market was around 21200-21500 yuan / ton.

3、 Future forecast

 

Epichlorohydrin analysts of the business club believe that at present, there is no inventory pressure on the spot of manufacturers, and the willingness to support the market is still strong. However, downstream procurement is cautious, and small orders and rigid demand are the main factors. In the short term, the demand will restrict the market confidence. It is expected that in the short term, the epichlorohydrin market may be dominated by the game, and more attention should be paid to the market news guidance.

Polyglutamic acid

According to the data monitored by the business agency, as of December 17, the price quoted by pet water bottle manufacturers was 5533.33 yuan / ton, which was 9.93% higher than that at the beginning of December, Compared with the same period last month, the price of polyester bottle chip increased by 12.54%. The polyester bottle chip market has been operated in a narrow range, and the price has risen steadily. The price range of mainstream manufacturers is around 5400-5550 yuan / ton. The prices of some manufacturers have been raised, and the overall market price of polyester bottle chips has risen slightly. The purchasing atmosphere is general. The downstream just needs to purchase carefully and wait-and-see, and the transaction atmosphere is flat.

 

Domestic PET bottle chip market price is stable, the overall market is running in a weak position. The focus of negotiation is stable, the downstream demand is flat, and the purchase is mainly on just need. At present, the inventory is high, the goods are slow, and sporadic orders are carried out. The mainstream factories are actively shipping, the logistics is smooth, the number of new orders is limited, mainly contract customers, and the operating rate is normal. At present, the polyester bottle chips in East China are running at a low level, and the market is the mainstream business The price is 5400-5550 yuan / ton. At present, the shipment is smooth and the inventory is general.

 

This week, the upstream PTA market is stable and rising, PTA market demand is general, the focus of the negotiation is stable, the inventory pressure remains, and the mentality of transaction is cautious.

 

The index was down 30.03% from the day of 2012, which was the highest point in 2012. (Note: period refers to 2011-12-01 to now)

 

Pet analyst of business agency thinks: the pet market is weak and stable in the short term. (the above prices are provided by major pet manufacturers all over the country and analyzed by pet business analysts for reference only. Please contact relevant manufacturers for more price details.)

Polyglutamic acid

According to the price monitoring data of the business agency, as of December 16, the reference average price of domestic n-propanol with packaging in mainstream areas was 11800 yuan / ton, which was 133 yuan / ton, or 1.14%, compared with December 7 (average price of 11666 yuan / ton); compared with December 1 (average price of 11333 yuan / ton), the average price was increased by 466 yuan / ton, or 4.12%.

 

Strong raw material support, high-level and stable operation of n-propanol

 

Since December, the overall trend of the domestic n-propanol market has been optimistic. In the half month since the beginning of the month, the quoted price of n-propanol factory has risen steadily, with an increase range of 200-400 yuan / ton. At present, the external market trend of raw material ethylene continues to rise, which gives more strong support to the cost of n-propanol. In addition, the low inventory of n-propanol plant and the dual support of raw materials and supply side, the recent offer of n-propanol plant has continued to run at a high level. At present, as of December 16, the reference average price of domestic n-propanol including packaging in mainstream areas was 11800 yuan / ton, which was 133 yuan / ton or 1.14% higher than December 7 (average price of 11666 yuan / ton); compared with December 1 (average price of 11333 yuan / ton), average price of domestic n-propanol increased by 466 yuan / ton, or 4.12%. Shandong Province: the ex factory price of n-propanol bulk water is 10700-10900 yuan / ton, including the package factory price is 11700-11900 yuan / ton. The ex factory price of n-propanol package of Aite (Shandong) new materials Co., Ltd. is 11800 yuan / T. Nanjing: the ex factory price of n-propanol (bulk water) is around 10500-10600 yuan tons. Domestic Nanjing Rongxin Chemical Co., Ltd. (Nanjing Wujiang Chemical Co., Ltd.), n-propanol production unit started normal, normal shipment, n-propanol bulk water ex factory quotation of 10500 yuan / T, the price is temporarily stable.

 

In terms of raw materials, the external price of ethylene has risen recently. On December 10, the price was $934.75/t, and the average price of ethylene on December 15 was 965.25/t, up 27.51%. The current price is up 31.49% month on month, and the current price is 25.56% higher than last year. In the near future, the overall market of ethylene in the external market shows an upward trend. Asian ethylene market prices rose slightly. As of the 14th, CFR Northeast Asia closed at $975-985 / T and CFR Southeast Asia closed at $905-915 / T. The price of ethylene market in Europe increased greatly. As of the 14th, FD northwest Europe closed at 976-991 US dollars / ton, CIF northwest Europe closed at 987-999 US dollars / ton. The price of ethylene in the United States rose. As of the 14th, the price was 683-694 US dollars / ton. Recently, the ethylene market in Europe and the United States showed a rising trend. Generally speaking, the demand of the whole ethylene market improved, the market trading atmosphere was warm, and the market continued to rise.

 

In terms of crude oil, on December 15, the price of WTI crude oil futures market in the United States rose, with the settlement price of main contracts at $47.62/barrel, up $0.63. Brent crude oil futures market prices rose, with the settlement price of main contracts at $50.76/barrel, up $0.47. Oil prices continued to push up on Tuesday, with the market still affected by the positive effects of vaccination, and the European blockade measures and the expected slowdown in fuel demand recovery limited the rise in oil prices.

 

Raw material supply double support short-term n-propanol continued to run strong

 

As 2020 is coming to an end, the chemical market as a whole will gradually usher in a surge of stock, and the domestic n-propanol market demand may also increase accordingly. Therefore, the n-propanol datagrapher of the business society believes that in the short term, the domestic n-propanol market will continue to run strongly, and there is no lack of the market gathering high again with the increasing demand.

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