DBP prices rose in January

According to the data monitoring of business agency, the price of DBP fluctuated and rose in January, and the DBP market recovered and rose. As of January 27, the price of DBP was 10733.33 yuan / ton, up 16.67% from 9200.00 yuan / ton on January 1; In the off-season, when goods are prepared for the Spring Festival, DBP prices fluctuate and rise.

The price of n-butanol fluctuated and rose in January

According to the price monitoring of the business agency, the price of n-butanol fluctuated and rose in January. On January 27, the price of n-butanol was 9366.67 yuan / ton, up 12.85% from 8300 yuan / ton on January 1. At the beginning of the month, the replenishment of customers after new year’s Day stimulated the sharp rise of n-butanol price. After the replenishment, the price of n-butanol fell. In the middle of the Spring Festival, the demand of downstream customers increased briefly, which stimulated the sharp rise of n-butanol price again. The short rise of demand stimulated the rise of n-butanol price, and the upward momentum of DBP increased.

The price of phthalic anhydride fluctuated and rose in January

According to the price monitoring of business society, the price of phthalic anhydride continued to rise in January. As of January 27, the price of phthalic anhydride was 7800 yuan / ton, up 8.71% from 7175 yuan / ton on January 1. The price of raw materials rose. After accumulating the stock replenishment on New Year’s day and the stock preparation for the Spring Festival, the demand for phthalic anhydride increased briefly, and the cost rose. The price of phthalic anhydride rose all the way in January, the price of DBP raw materials rose, the cost support increased, and the driving force of DBP rise increased.

PVC rebounded and rose in January

According to the price monitoring of the business agency, the PVC price stopped falling and rose in January, and the PVC market recovered. As of January 27, the price of PVC was 8460 yuan / ton, up 1.68% from 8320 yuan / ton on January 1. In January, customers prepared goods in advance during the Spring Festival. During the Spring Festival, PVC manufacturers had holidays, PVC supply decreased, demand increased, and PVC price rose, which was more favorable to DBP market.

Future expectations

DBP data analysts of business agency believe that stimulated by the sharp rise in crude oil prices and the impact of goods preparation before the Spring Festival, the prices of raw materials n-butanol, octanol and phthalic anhydride increased, the cost of plasticizer DBP increased, the demand increased, and the price of DBP fluctuated and rose. In the future, after the Spring Festival, enterprises have resumed operation one after another, and the market supply has increased. In February, the plasticizer market is still in the off-season. The demand growth of plasticizer is insufficient, the demand growth after the festival is insufficient, and the supply is expected to increase. It is expected that the DBP price will stabilize after the fall of the Spring Festival.

1、 Price trend

Latest price (January 26): 18000 yuan / ton

Key points of analysis: according to the data monitoring chart of business agency, the price of refrigerant R22 was temporarily stable on January 26, unchanged from the previous day. Recently, the price of raw material hydrofluoric acid has been temporarily stable, chloroform has been slightly reduced, the cost support is still in place, most of the downstream demand side has holidays, dealers have withdrawn from the market, market transactions are rare, gradually stagnate, there are few price adjustments, and the low-end price has been slightly increased. Up to now, the price of raw material hydrofluoric acid is about 11700 yuan / ton, the price of chloroform is about 4650 yuan / ton, and the market quotation of R22 remains at 16500-17500 yuan / ton.

R22 market is expected to run stably for the time being.

1、 Price trend

Latest price (January 25): 8460 yuan / ton

Key points of analysis: according to the data monitoring chart of the business agency, the average domestic spot price of pvcc5 was 8460 yuan / ton on January 25, which was flat compared with the previous day. The ex factory price of enterprises was not adjusted much, the offer was firm, the transaction atmosphere turned weak, most downstream enterprises had a holiday, the market basically had a price but no market, and the price was mainly arranged. At present, the price of raw calcium carbide has fallen to around 4150-4450 yuan / ton, and the price of pvc5 calcium carbide method remains in the range of 8100-8800 yuan / ton.

It is expected that the PVC market will be dominated by narrow adjustment in the near future.

Trade name: sulfuric acid

Latest price (January 24): 708.33 yuan / ton

On January 24, the market price of domestic sulfuric acid increased slightly, up 33.33 yuan / ton or 4.94% compared with that on January 21, and 132.24% compared with the same period last year. From the perspective of upstream and downstream industrial chains, the upstream sulfur market has gradually increased recently, and the cost support has been strengthened. The market prices of downstream formic acid and downstream bromine began to rise slightly, the downstream customers had good enthusiasm for purchasing sulfuric acid, and the product trend rose under the contradiction between supply and demand.

Recently, the domestic sulfuric acid market price may rise slightly, and the average quotation price is about 750 yuan / ton.

According to the monitoring data of the business society, at the beginning of 2021, the average ex factory price of domestic zhengc market was RMB 11800 / T, and at the end of the year, the average ex factory price of n-propanol was RMB 8883 / T, with an annual decrease of 24.72%.

It can be seen from the monthly k-pillar trend chart and annual price comparison chart of n-propanol monitored by business society that the domestic n-propanol market fluctuated greatly in 2021. Compared with the market in previous years, the n-propanol market rose and fell significantly in 2021. The main decline was in the middle stage of 2021. The decline of n-propanol in April was 16.17%, which was the largest month in the whole year. On July 16, The average ex factory price of n-propanol is 6900 yuan / ton, which is the lowest price of n-propanol in the year, and the low price once created a historical low price of n-propanol in recent ten years. The biggest increase of the whole year was at the end of the year. N-propanol increased by 24.14% in October, which was the largest month of the whole year. The maximum amplitude in 2021 is 41.53%.

In the first quarter, in January 2021, after the new year’s day, the domestic n-propanol market was cold at a high level. On the one hand, the external market of raw ethylene fell, which loosened the cost support of n-propanol. On the other hand, after the early preparation, there was insufficient follow-up of new orders downstream, and the market price of n-propanol continued to decline, with a monthly decline of 6.78% in January. In February, the downstream demand for n-propanol was still tepid, and the market of n-propanol was weak. In February, n-propanol decreased by 1.23%. In March, in terms of cost, the rising market of raw ethylene gave n-propanol more support. N-propanol finally ushered in the first rising month of 2021. N-propanol increased by 3.73% in March and decreased by 5.65% in the first quarter.

In the second quarter, the domestic n-propanol market fell sharply. In April, the on-site trading of n-propanol continued to be cold, there was little downstream demand, the n-propanol gradually accumulated in the warehouse, the sales pressure increased, and the n-propanol market fell sharply, with a decrease of 16.17% in April. In May, the domestic n-propanol market continued to move forward with a heavy load, the market price continued to fall, the downstream demand was relatively fixed, and the market was always difficult to have effective support. In May, n-propanol fell by 8.57%. In June, with no significant improvement in the overall n-propanol market, the shock decline of raw ethylene once again affected the mentality of the industry. The high-end quotation of n-propanol continued to decline, and the high-low price difference narrowed. In June, n-propanol decreased by 7.42%. The overall decline in the second quarter was 29.04%.

In the third quarter, in July, the n-propanol plant of Shandong large factory was put into operation, and the on-site supply increased, which had a certain impact on the market situation. The n-propanol holders sold out one after another, and the market price of n-propanol decreased. At the end of July, the domestic ex factory price of n-propanol fell to 7100 yuan / ton. At present, the ex factory price of n-propanol has fallen to the low point of nearly a decade, with a decrease of 10.13% in July. In August, the market finally warmed up slightly, the trading atmosphere improved, the inquiry increased, the factory received orders well, and the quotation gradually increased. In August, n-propanol increased by 4.23%. In September, the market rose first and then fell. In the first ten days, the atmosphere of propanol was good, and the price continued to rise steadily. In the last ten days, under the energy-saving environment of power restriction, the downstream operating rate decreased, the demand decreased, and the market fell, with a positive increase of 0.65% in September. The overall decline in the third quarter was 2.11%.

In the fourth quarter, in October, the parking lot of Shandong n-propanol plant reduced the supply in the yard and the spot supply was tight. Under no inventory pressure, the quotation of n-propanol suppliers increased significantly. At the end of October, the average ex factory price of domestic n-propanol was 9600 yuan / ton, with a monthly increase of 24.14%. In November, the support given by the demand side to n-propanol was always limited, and the market of n-propanol continued to lack action. In November, n-propanol rose and fell back, with an overall increase of 0.34%. In December, the demand performance of n-propanol continued to be poor, and the market of n-propanol fell sharply again. After the average ex factory price of n-propanol fell below 9000 yuan / ton, the market basically stopped falling and stabilized, with a monthly decline of 9.97% and an overall increase of 14.87% in the second quarter.

2021 summary and 2022 market forecast

Through specific analysis, it can be seen that in 2021, the trend of n-propanol market is mainly affected by both supply and demand. Among them, what can affect the trend of n-propanol in a longer term still needs the support of downstream demand. Changes in supply can bring short-term market changes to the market, but without the positive improvement of demand, the market is difficult to operate at a sustainable high level, At present, the downstream demand for n-propanol in China is still relatively fixed. Therefore, in 2021, the change of supply side will have a wide impact on the market. According to the current information, the operation of domestic n-propanol units will not change much in 2022, accounting for no increase in new production capacity. Therefore, the n-propanol datagrapher of the business society believes that the n-propanol market will be stable before and after the Spring Festival in 2022, The floor price fluctuation space is limited.

On January 20, the price of adipic acid in China remained stable. Today, the dealer’s quotation increased slightly compared with that at the beginning of the week, the market increase was less than 100 yuan, and the enterprise’s quotation was strong.

The adipic acid Market in East China is stable and the quotation is flat. Yesterday, the manufacturer’s quotation is stable and the dealer’s quotation is mainly flat, but the market transaction is general. Cost side: the price of upstream pure benzene is strong, and the cost side is slightly improved. However, large factories in the early maintenance have returned to work one after another, and the market supply is still abundant. The inventory of manufacturers and dealers is in the middle, and the downstream replenishment and inventory reduction are the main before the festival. Downstream demand maintains rigid demand. Today, the mainstream prices in the market are: the acceptance price of Shandong source of goods is 12500-12700 yuan / ton, and the acceptance price of Jiangsu source of goods is 12600-12800 yuan / ton.

The adipic acid Market in South China is mainly stable. Today, the mainstream prices in the market are: the acceptance price of Shandong source of goods is 12600-12700 yuan / ton, the acceptance price of Jiangsu source of goods is 12700-12900 yuan / ton, and the downstream is mainly just needed procurement.

In the future, adipic acid market may still be adjusted in a small range in the near future.

Trade name: titanium concentrate

Latest price January 19: 2230 yuan / ton

Key points of analysis on January 19, the titanium concentrate Market in Panxi region operated stably. The titanium ore market is general, the downstream market demand is acceptable, and it is mainly purchased on demand. Manufacturers often send early orders, small and medium-sized miners are slightly nervous about the spot, the reluctance to sell is obvious, and there are rising expectations.

Forecast: the price of titanium concentrate will rise steadily in the short term.

According to the data monitoring of business agency, the average market price of dimethyl ether in Henan was 3653.33 yuan / ton on January 17 and 3653.33 yuan / ton on January 8, which was stable compared with yesterday and increased by 2.05% compared with January 1.

On the 18th, the domestic dimethyl ether Market stopped falling and stabilized, and there was no obvious fluctuation in Henan market. The market price in Hebei and Shandong increased slightly, with a range of 20-30 yuan / ton. The rise of international crude oil again brought some benefits to the liquefied gas market, the civil gas market stopped falling, and the cost methanol market changed little. It is expected that the dimethyl ether market will mainly fluctuate in the short term or sideways.

The price of orthobenzene rose this week

As can be seen from the price trend chart of orthobenzene in business society, the price of orthobenzene rose this week. As of January 17, the price of orthobenzene was 6800 yuan / ton, up 3.03% from 6600 yuan / ton on January 10. The upstream and downstream support was strong, and the market of orthobenzene industrial chain rose.

The price of raw material mixed xylene fluctuated and rose

According to the trend chart of mixed xylene in business society, the price of mixed xylene rose by 2.28% this week. Affected by the rise of crude oil price, the price of mixed xylene fluctuated and rose. The cost of o-xylene increases, and the driving force of o-xylene increases.

Downstream phthalic anhydride prices rise

It can be seen from the phthalic anhydride price trend chart of business society that the phthalic anhydride price rose this week and the phthalic anhydride market recovered. Since mid December, the price of phthalic anhydride has fluctuated all the way. The downstream market recovered, the demand for o-xylene increased, and the driving force for the rise of o-xylene increased.

Outlook

Affected by the sharp rise in crude oil price, the price of raw material mixed xylene fluctuated and the price of downstream phthalic anhydride fluctuated and rose. Overall, the cost of o-xylene is rising, the demand is good, and the driving force of o-xylene rise is increased. It is expected that the price of o-xylene will be strongly adjusted in the future.

After returning from the new year’s Day holiday in 2022, there was a temporary shortage of spot goods, and manufacturers successively raised their quotation. On January 5, it was basically raised to about 12500 yuan / ton, with limited signing. This week (January 10-14), mainstream manufacturers raised again slightly to about 12800 yuan / ton, continuing the limited signing status, but lack of spot, so it is difficult to actually clinch a deal. The Spring Festival is approaching, and the downstream goods are prepared after the Spring Festival. The follow-up is mainly collection and delivery. In a comprehensive view, the price increase kinetic energy of viscose staple fiber is insufficient, or it may encounter resistance level temporarily.

According to the price monitoring of business society, as of January 14, 2022, the domestic ex factory quotation of 1.2D * 38mm viscose staple fiber was 12720 yuan / ton, an increase of 320 yuan / ton compared with last Friday and about 540 yuan / ton compared with new year’s day, an increase of 4.43%.

Downstream cotton yarn Market

The downstream man-made cotton yarn has not been affected by the upward movement of viscose staple fiber quotation, and the price and quantity are stable. As of January 14, 2022, the ex factory average price of man-made cotton yarn (30s, ring spinning, first-class products) is 18266 yuan / ton. The downstream terminal is mainly prepared before the festival, and the overall atmosphere is calm.

Future forecast

The recent price rise of viscose staple fiber is insufficient, and it is afraid to encounter a resistance level of 13000 yuan / ton. Downstream goods have been prepared after the Spring Festival, and the follow-up is mainly collection and delivery. With the Spring Festival approaching, logistics in some areas may have a holiday. It is expected that the viscose staple fiber market will stabilize in the later stage.