Monthly Archives: June 2021

Propylene oxide price temporarily stabilized

According to the data of the business club’s block list, as of June 29, the average price of propylene oxide enterprises was 14800 yuan / ton, which was the same as that of the previous trading day, with a decrease of 5.33% compared with the price at the beginning of the month and 13.11% compared with the price on May 29.

Since late June, the market of propylene oxide has been steadily rising, and the price was temporarily stable on the 29th. Recently, due to the influence of logistics and start-up policy, the supply of propylene oxide has decreased, and the market is mainly on the lookout. At present, the mainstream quotation of propylene oxide Market in Shandong is around 14000-14100 yuan / ton, and the mainstream quotation of propylene oxide Market in East China is around 14200-14400 yuan / ton.

Upstream propylene, June 29, Shandong propylene market price temporarily stable. According to the monitoring data of business news agency, on June 29, the reference price of propylene was 7829.45, which was flat compared with the previous trading day, decreased by 0.03% compared with last Tuesday (June 22) and increased by 1.48% compared with the price at the beginning of the month.

According to the monitoring data of the business community, the reference price of propylene glycol on June 28 was 16066.67, which was the same as last Tuesday (June 22); On June 29, the market of soft foam polyether in Shandong was temporarily stable, and the market price was stable. The mainstream quotation of common soft foam polyether in Shandong was around 14600-14800 yuan / ton.

According to the propylene oxide analysts of business news agency, generally speaking, at present, the impact of the cost side is limited, manufacturers have no pressure, the market just needs to be traded, and mainly depends on the wait-and-see. It is expected that the propylene oxide market will be stable and strong in the short term, and the specific trend still needs to pay attention to the market information guidance.

Polyglutamic acid

Last week, the price of acrylonitrile fluctuated downward and the market stabilized

1、 Price trend

According to the price chart of the business agency, as of June 28, 2021, the domestic reference price of acrylonitrile remained 14790.00 yuan / ton, which was the same as the previous working day, falling 1.14% compared with the previous Monday, and 3.43% higher than that on May 28

2、 Market analysis

Last week, the monitoring price of acrylonitrile business agency gradually declined, 1.14% lower than that of RMB 14960.00/t on June 21; Most of the quotation of intermediate traders remained stable, and some manufacturers raised their quotation, and the quotation range was 14700-15000 yuan / ton. The market trading atmosphere is light, the cost support is general, the downstream demand is not strong, and the supply and demand situation is not affected by the equipment maintenance. The market was temporarily stable after a shock and decline.

upper reaches:

According to the price map of the business agency, the propylene market in Shandong Province remained stable after a small increase this week, with the market transaction rising to between 7600 yuan and 7900 yuan / ton, with the mainstream price of about 7900 yuan / ton. The price of mainstream manufacturers remained unchanged, and the low-end prices increased. The propene market is expected to stabilize or rise in the near future.

Downstream:

NBR overall showed a first rise and then a small wave dynamic trend, last week the NBR market continued to stabilize,. Analysts from business society believe that the supply side is relatively low, and the price has fallen sharply in the early stage, and the NBR market is expected to be stable in the later period.

According to the data of the large list of business agencies, the spot price of ABS in early June was weak and the spot price was generally down. The trend of raw materials is different, ABS cost end support is general. At present, it is in the off-season of ABS industry, the demand of end-users shrinks, and the resistance of enterprises and businesses to ship is increasing. ABS analysts of business agency think that the recent ABS spot market may continue to be short.

3、 Post market forecast

The analysis of acrylonitrile of business agency thinks: the current acrylonitrile market is stable after the shock finishing, the upstream propylene market is stable after upward, the downstream ABS is weak, the NBR is stable, and the polyacrylamide market is flat. It is expected that the acrylonitrile market may be slightly shaken in the later period, with stable trend as the main trend.

Polyglutamic acid

PET market runs smoothly this week (6.21-6.25)

According to the data monitored by the business community, as of June 25, the average price of pet water bottle manufacturers was 6733.33 yuan / ton. The overall pet market was running smoothly with a small upward trend. The prices quoted by manufacturers were stable, and the price range was 6700-6800 yuan / ton.

This week, the pet market was mainly stable, with prices of some manufacturers rising slightly and rising in a narrow range. At present, pet goes smoothly, transaction prices fluctuate above and below the cost line. The focus of negotiation is narrow and upward. The downstream demand is general, and the inventory is normal. PTA in the upstream has a narrow and upward trend, which is favorable for support, spot flow and tight inventory. The mainstream price range is 4800-5000 yuan / ton.

On June 24, the rubber and plastic index was 775 points, flat with yesterday, down 26.89% from 1060 points (2012-03-14), the highest point in the cycle, and up 46.78% from 528 points, the lowest point on April 6, 2020( Note: period refers to the period from December 1, 2011 to now

Business community pet analysts believe that: in the short term, pet prices are stable on the upper side, and the downward range is limited( To learn more about the latest market trends, please pay attention to the official account of the business community, get information on goods, and grasp the price of commodities.

Polyglutamic acid

The price of baking soda rose slightly this week (6.21-6.25)

1、 Price trend

According to the monitoring data of business news agency, the price of baking soda rose slightly. At the beginning of the week, the average market price is 1586.67 yuan / ton, while at the end of the week, the average market price is 1626.67 yuan / ton, up 2.52%. On June 25, the commodity index of baking soda was 107.96, unchanged from yesterday, down 11.28% from 121.68 (2020-10-21), the highest point in the cycle, and up 22.31% from 88.27, the lowest point on December 22, 2020( Note: period refers to the period from September 1, 2020 to now

2、 Market analysis

According to the news agency, the price of sodium bicarbonate is stable for the time being, and the shipment in the downstream market is acceptable. At present, the price of sodium bicarbonate in Henan Province is about 1550-1650 yuan, and the downstream demand is acceptable. It is expected that the price will be stable in the near future. The price of baking soda in Hebei is about 1550-1650 yuan / ton, which is the mainstream price in the market, and the downstream demand is acceptable.

In terms of raw materials: according to the monitoring data of the business community, soda ash in North China has been in stable operation temporarily. The current mainstream market price of light soda ash is about 1800-1900 yuan / ton. The downstream glass mainly purchases soda ash on demand. Generally speaking, the price of short-term soda ash is mainly consolidated. Soda ash in East China is in stable operation for the time being. The current mainstream market price of light soda ash is about 1700-1850 yuan / ton, and the downstream glass mainly purchases soda ash on demand. Generally speaking, the price of short-term soda ash is mainly consolidated.

Demand side: downstream medicine, textile and food mainly purchase sodium bicarbonate on demand, and the price of sodium bicarbonate has been consolidated recently. Business analysts believe that: the domestic soda price is stable, the market trading atmosphere is relatively stable, and manufacturers are mainly active in shipping. At present, there is still a phenomenon of large inventory but uneven distribution of soda ash, and the manufacturers adjust the quotation according to themselves. The price of downstream glass is strong, but it is still wait-and-see for high price soda. The buyers and sellers still play a game on the price, and most of them purchase on demand. In the downstream, medicine, textile and food mainly purchase baking soda on demand. Generally speaking, the price of baking soda may still maintain a narrow consolidation trend in the short term, depending on the downstream market demand.

Polyglutamic acid

Demand side drags epichlorohydrin market weaker

As of June 24, the average quotation price of epichlorohydrin enterprises was 13033.33 yuan / ton, down 0.76% compared with the previous trading day, down 1.26% compared with the price at the beginning of the month, and down 6.24% compared with May 24, according to the data of the business club’s block list.

Recent epichlorohydrin market offer range finishing, 24 price stable weak operation. In the near future, the cost pressure of glycerine method is not reduced, the market price is limited, and more stable price offers are made. However, the situation of downstream market entry is general, and just need to replenish the position. At present, the demand side is not performing well, there is a certain shipping pressure on the cargo holders, the overall market trading is slightly weak, and the focus of negotiation is lower.

Upstream propylene. As of June 23, the propylene market price in Shandong has stopped falling and stabilized temporarily. According to the price chart of the business club, the domestic propylene market has been in a downward trend since June. Today, the low-end price has increased by about 50 yuan / ton. Now, the market turnover is around 7600-7800 yuan / ton, and the mainstream price is about 7800 yuan / ton. At present, the market transaction is stable, the downstream purchases on demand, the downstream performance is general, and the support for propylene is limited.

For downstream epoxy resin, on June 23, the market of epoxy resin was weak and adjusted, the price of raw material bisphenol A was down, the cost support was insufficient, the manufacturers’ shipment was under pressure, the market atmosphere was poor, and the market mentality was more cautious and wait-and-see.

Business community epichlorohydrin analysts believe that overall, the current poor performance of the downstream epoxy resin Market drag market mentality, it is expected that in the short term, epichlorohydrin market may have a small downward finishing, more attention should be paid to market information guidance.

Polyglutamic acid

Demand side feedback is cold and clear, PA6 price is narrow adjusting

1、 Price trend:

According to the data of business club’s block list, the domestic PA6 market was mainly adjusted in mid June, while the spot price was adjusted in a narrow range. As of June 23, the mainstream offer price of sample enterprises for CNMC 2.75-2.85 was about 14766.67 yuan / ton, a decrease of 1.37% compared with the average price at the beginning of the month, and a rise of 20.71% compared with the same period last year.

2、 The influencing factors were analyzed

Upstream caprolactam: entering this month, the domestic spot market continued to decline from last month’s high. According to the data of business club’s block list, the price of caprolactam was stable in the middle of June. As of June 23, the data of business society showed that the average price of caprolactam samples was about 13800 yuan / ton. The price of raw material pure benzene was boosted by the continuous rise of crude oil and the low level of pure benzene port inventory, and the domestic pure benzene price fluctuated and consolidated after the continuous rise. At present, the cost and price of caprolactam are strong, and the supply of caprolactam is relatively tight due to the equipment maintenance of some enterprises. It is expected that caprolactam will run smoothly in the short term.

Raw material caprolactam deadlocked operation, the cost support of PA6 is acceptable, the cost side pressure remains, and the profit improvement of polymerization plant is limited. Recently, there are still some enterprises in the industry production line maintenance, supply side good conventional textile chip products, spot prices rose slightly. At the same time, the floor trading has also improved to some extent. However, the overall off-season market of the rubber and plastic industry has not passed, and the purchasing operation of downstream factories tends to just take the goods, and the follow-up is cautious and slow. The market reaction to the rising price of goods is weak, and the actual trading is mostly small orders. Businesses go with the market, reducing prices and taking orders, and the overall inventory of the society is slightly digested.

3、 Future forecast:

Business analysts believe that: in mid June, the upstream caprolactam market of PA6 was stable, and the cost of PA6 was deadlocked. The downstream factories mainly need to take goods, the consumption of end users is at the off-season level, the atmosphere in the venue is not good, and there is a strong wait-and-see mentality. It is expected that the spot price of PA6 will remain deadlocked in the near future.

Polyglutamic acid

Stable performance of hydrobenzene market (June 14 to June 18)

On June 19, the commodity index of hydrobenzene was 84.02, which was the same as yesterday, decreased by 17.64% compared with the highest point of 102.01 in the cycle (January 09, 2014), and increased by 180.16% compared with the lowest point of 29.99 on April 7, 2020( Note: period refers to the period from December 1, 2013 to now).

Price fluctuation of main domestic hydrogenated benzene market from June 14 to June 18 (unit: yuan / ton)

Region, June 14 price, June 18 price, weekly rise and fall

East China, 7650., 7750., + 100

Shandong Province, 7550., 7550., 0

This week (June 14 to June 18), the market price of hydrobenzene in Shandong was temporarily stable, at 7550 yuan / ton at the beginning of the week and 7550 yuan / ton at the end of the week.

Summary of price adjustment of Sinopec’s pure benzene in 2021 (unit: yuan / ton)

Date, adjusted price, adjusted amount

May 7, 7700, + 300

May 10, 8000, + 300

May 12, 8200, + 200

May 24, 7900, – 300

May 28, 7600, – 300

June 4, 7900, + 300

June 11, 7750, – 250

On June 11, 2021, Sinopec’s listed price of pure benzene was reduced by 250 yuan / ton. At present, it implements 7750 yuan / ton, among which Qilu Petrochemical implements 7700 yuan / ton.

This week, the international market of pure benzene was weak, and the crude oil market was strong in the first half of the week. Under the attack of good and bad news, the domestic pure benzene market was stable this week. In terms of port inventory, pure benzene continued to be destocked this week. Under the expectation of tight supply, the price of pure benzene was supported to a certain extent, and the trend of hydrogenation benzene market followed the trend of pure benzene temporarily stable this week.

In the future, the business community believes that the supply of pure benzene market is tight, but the profit of downstream industry chain is limited, and there are some overhauls. The demand for pure benzene and hydrogenated benzene is insufficient. It is expected that the hydrogenated benzene market will maintain a high volatility in the short term.

Polyglutamic acid

Domestic phthalic anhydride prices in China fell slightly this week (6.14-6.18)

According to the monitoring of the business community, the price of phthalic anhydride in the domestic market declined slightly this week. By the end of the week, the price of phthalic anhydride was 6275 yuan / ton, 1.18% lower than the price of 6350 yuan / ton at the beginning of the week, and 18.40% higher than the same period last year. Recently, the price trend of phthalic anhydride dropped slightly. The spot supply on the market was normal, and the sales situation was general.

In recent years, the price trend of phthalic anhydride market has declined slightly, and the delivery of phthalic anhydride market is normal. In recent years, the downstream demand has little change. The price trend of o-benzene is temporarily stable, the plasticizer market has fallen, and the downstream market has fallen, which is bad for the domestic market price of phthalic anhydride, and the domestic price of phthalic anhydride has fallen. Domestic phthalic anhydride manufacturers started at a low level, and the operating rate of phthalic anhydride was about 60%. The domestic phthalic anhydride spot supply was normal, the market price trend declined, the downstream plasticizer industry market declined, and the actual transaction was normal. The price trend of phthalic anhydride market in East China has dropped, and the high-end transactions in the market are limited. The mainstream of the adjacent France source negotiation in East China is 6200-6300 yuan / ton, and the mainstream of the naphthalene method source negotiation is 6000-6200 yuan / ton; The mainstream quotation of phthalic anhydride market in North China is 6300-6500 yuan / ton. The wait-and-see mentality of phthalic anhydride market still exists, and the downstream is mainly purchased on demand. Recently, the trend of downstream DOP market has declined. Affected by this, the market price of phthalic anhydride has dropped slightly.

The price trend of domestic o-benzene is temporarily stable this week, with the market price of 6200 yuan / ton. The price trend of domestic o-benzene is temporarily stable this week. The stable price of domestic o-benzene is a good support for the phthalic anhydride market. In addition, the market of imported o-benzene in the port area is temporarily stable, and the quantity of imported o-benzene in the port area is acceptable. In the near future, the inventory of o-benzene in the port has little change, and the external quotation of o-benzene fluctuates steadily. The actual transaction price is subject to negotiation, The price trend of o-benzene is temporarily stable, the price of raw material o-benzene is stable, which is good for the domestic market price of phthalic anhydride, and the recent decline in the market price of phthalic anhydride is limited.

According to the monitoring of business community, the domestic DOP price was 13000 yuan / ton by the end of the weekend, with a decrease of 3.23% this week. The price of ISO octanol fell, the cost of DOP raw materials fell, the equipment start-up of DOP enterprises increased slowly, the supply of DOP increased, the price of PVC fell, and the downstream demand was general. Plasticizer DOP market rising momentum weakened, the transaction price is based on the real-time price, the overall DOP price is about 12800-13300 yuan / ton, the domestic demand for phthalic anhydride has little change, the downstream market is slightly lower, and the market price of phthalic anhydride is declining.

Generally speaking, the crude oil price rose slightly in the near future, but the downstream plasticizer industry market fell, the DOP price trend declined, and the o-benzene price trend was stable. It is expected that the market price of phthalic anhydride will decline slightly in the later period.

Polyglutamic acid

This week, the market of silica was stable (6.14-6.18)

According to the data monitored by the business agency, the average price of domestic rubber grade excellent products is 4716.67 yuan / ton by June 18. This week, the white carbon black market is running smoothly. The downstream needs to purchase, the manufacturers are shipping actively, the upstream support is general, the overall operating rate is normal, the negotiation atmosphere is flat, the main price range is 4000-5000 yuan / ton, and the price stable operation is mainly in the short term.

This week, the domestic rubber grade white carbon black market has been in a stable trend. The downstream just needs to purchase, the purchasing atmosphere is flat, the number of new orders is limited, the price is stable, the main contract orders are mainly based on negotiation, the business mentality is stable, the negotiation atmosphere is general, the merchants take the goods carefully, the delivery is slow, the overall market supply and demand are balanced, the shipment is normal and the inventory is general.

The chemical industry index on June 18 was 1040, down 1 point from yesterday, down 4.06% from 1084 points (2021-05-13), the highest point in the cycle, and 73.91% higher than the lowest point 598 on April 8, 2020( Note: the cycle refers to December 1, 2011 to present)

Business agency white carbon black analysts believe: in the short term, the white carbon black maintains stable operation, and the fluctuation range is limited( If you want to know more about the industry chain, please pay attention to the official account of the business community, get the information and grasp the price.

Polyglutamic acid

Northwest calcium carbide prices rose 5.18% (6.7-6.11) this week

Recent price trend of calcium carbide

Polyglutamic acid

As can be seen from the above figure, the factory price of calcium carbide in Northwest China rose this week. This week, the average ex factory quotation price of mainstream calcium carbide manufacturers in Northwest China rose from 4183.33 yuan / ton on June 7 to 4400.00 yuan / ton on June 11, up 216.67 yuan / ton, or 5.18%, up 63.57% over the same period last year. Overall, the calcium carbide market rose this week, with the calcium carbide commodity index at 115.28 on June 11.

The upstream support is better, and the downstream purchase intention is strengthened

From the manufacturer’s quotation, the ex factory price of calcium carbide in Northwest China rose this week: oviganone’s quotation of calcium carbide this weekend is 4500 yuan / ton, which is 450 yuan / ton higher than that at the beginning of the week; Inner Mongolia Zoomlion quoted 4300 yuan / ton of calcium carbide this weekend, which was temporarily stable compared with the beginning of the week; Ningxia Xingping this weekend calcium carbide offer for 4400 yuan / ton, compared with the beginning of the week, the offer increased by 200 yuan / ton.

From the perspective of upstream and downstream industrial chain of calcium carbide, the price of raw materials in the upstream market rose sharply this week. The quotation of Xiaoliao this weekend is 1150 yuan / ton, which is 170 yuan / ton higher than that at the beginning of the week; At the end of this week, Sinochem quoted 1150 yuan / ton, up 170 yuan / ton compared with the beginning of the week; The price quoted by Dali this weekend is 1250 yuan / ton, which is 270 yuan / ton higher than that at the beginning of the week. The price of upstream raw materials rose sharply, and the cost support was good, which had a positive impact on the price of calcium carbide.

Downstream market, PVC factory price high consolidation this week. This week’s PVC quotation fell from 9150.00 yuan / ton at the beginning of the week to 9125.00 yuan / ton at the end of the week, down 0.27%, up 43.98% over the same period last year. This week, the price of PVC was high, the market was good, the maintenance of PVC was completed, and the purchasing enthusiasm of downstream calcium carbide increased. On the whole, this week’s PVC market had a positive impact on the price of calcium carbide.

After the completion of maintenance, the demand increased and the market fluctuated slightly

In the middle of June, the market of calcium carbide fluctuated slightly and rose mainly. The price of raw material blue carbon rose sharply, and the cost of calcium carbide was well supported. Downstream PVC maintenance completed, demand increased, the market began to rise slightly. It is predicted that the price of calcium carbide in Northwest China may rise slightly in mid June.