According to the price monitoring of the business club, the price of lithium carbonate rose steadily after stabilizing in June 2022. On June 29, the average price of industrial grade lithium carbonate in East China was 459000 yuan / ton, which was 1.77% higher than that at the beginning of the month (the average price of industrial carbon in East China was 451000 yuan / ton on June 1). On June 29, the average price of battery grade lithium carbonate in East China was 478000 yuan / ton, an increase of 1.49% compared with the average price at the beginning of the month (June 1, the average price of carbon in East China was 471000 yuan / ton).

According to the observation of market changes, the price of lithium carbonate showed a steady upward trend after stabilizing in early June, and the transaction volume of market inquiry began to increase. With the gradual improvement of the epidemic situation in various regions, the downstream terminal demand has warmed up, and the production scheduling of enterprises has rebounded. As for downstream lithium iron, the continuous growth of market output increases, which increases the procurement demand of the whole industry and keeps the price of lithium carbonate rising. Due to the favorable lithium carbonate market, some small and medium-sized enterprises and traders are reluctant to sell their products and offer higher prices.

In late June, the price of lithium carbonate still increased, but it gradually stabilized towards the end of the month. At present, the production of upstream manufacturers is stable and the supply side is sufficient. The market is more active in lithium carbonate inquiry, but there are few zero order transactions, and most of them are just in need of purchase. However, the recovery of downstream terminals has slowed down, and large automobile enterprises have stopped production. The demand growth of iron and lithium is not as expected, and the price has gradually stabilized.

The downstream lithium hydroxide market price increased slightly in stability. As the upstream lithium carbonate price rose steadily, the lithium hydroxide Market was generally supported, and the supply side was mainly stable. At the beginning of the month, the spot market was active, and the price increased slightly, and then stabilized again. Near the end of the month, there was little demand for high nickel, the enthusiasm for market inquiry and procurement weakened, the market transaction atmosphere was flat, and the domestic industrial lithium hydroxide Market Price operated stably.

The downstream price of lithium iron phosphate is mainly stable, the downstream purchasing atmosphere is general, and the overall market is stable. However, the supply of manufacturers is still tight, and the supply side is obviously insufficient. The contract customers are mainly responsible for arranging orders for shipment, and the number of new orders is limited. The overall market negotiation atmosphere is acceptable, the price remains high, the upstream is high, and the price continues to rise. The cost pressure of lithium iron phosphate remains.

According to the lithium carbonate analysts of the business agency, the de stocking of the downstream lithium iron market is gradually coming to an end. With the arrival of a new procurement cycle in the market in early July, the market gradually enters a new round of production preparation stage, and the lithium carbonate price is still supported by positive factors. It is expected that the short-term lithium carbonate price will be stable, medium and strong.

On June 28, the price trend of domestic ammonium nitrate was temporarily stable. Due to different production fuels, there was a large gap between manufacturers’ quotations. The mainstream price in the on-site negotiation was 4600-5000 yuan / ton, and the price quotation in Hebei was 5200-5300 yuan / ton. Recently, the price of liquid ammonia in the upstream raw material market rose slightly, and the price trend of nitric acid rose. The rising raw material price has a certain cost support for the ammonium nitrate Market, but the sales of the downstream civil explosive industry has come to an end, and the on-site supply of goods has been normal recently, The market price trend of ammonium nitrate is temporarily stable, and it is expected that the price trend will be stable in the later period. The market prices of ammonium nitrate in some domestic regions are as follows:

Region, Price (yuan / ton), Rise and fall (yuan / ton)

Hebei region, 5200-5300., 0

Henan region, 4500-4600., 0

Shaanxi region, 5000-5200., 0

Yunnan region, 2900-3100., 0

Price dynamics: on June 27, Sinopec Group in North China: Qilu Petrochemical offered 9250 yuan / ton, Shijiazhuang refining and chemical offered 9250 yuan / ton, and Tianjin Petrochemical offered 9600 yuan / ton;

East China: Yangzi Petrochemical offers 9600 yuan / ton;

South China: Hainan Refining & Chemical Co., Ltd. offers 9600 yuan / ton;

Central China: Wuhan ethylene offers 9600 yuan / ton;

Others: Jingbo Petrochemical quoted 9350 yuan / ton, HSBC Petrochemical 9500 yuan / ton, Weilian chemical 9303 yuan / ton, Xinhai Petrochemical 9300 yuan / ton, and Hongrun Petrochemical 9250 yuan / ton.

Analysis and comments: in terms of crude oil, the market has returned to fundamentals, and the supply price of crude oil is under tight support. However, affected by the expectation of interest rate hikes by many central banks across the country, the market is worried about the economic recession, and the oil price is still fluctuating in the range.

Today, Sinopec cut the price of pure benzene by 200 yuan / ton; Weilian chemical pure benzene increased by 100 yuan / ton, and Jingbo Petrochemical pure benzene increased by 100 yuan / ton.

Crude oil rebounded last Friday, and pure benzene in the external market fell slightly; East China port inventory continued to increase. The price of pure benzene in Shandong rebounded slightly due to the demand for air supply in the lower reaches at the end of the month. Today, Sinopec cut the price of pure benzene by 200 yuan / ton to 9600 yuan / ton, narrowing the price difference with local refining enterprises. Today, the price of pure benzene in China is 9300-9600 yuan / ton.

Spot price: this week (6.20-6.24), the spot price of domestic polyester staple fiber showed a unilateral downward trend. According to the price monitoring of the business agency, on June 24, the average price of domestic polyester staple fiber was about 8993 yuan / ton, down 2.44% from the beginning of the week and up 29.06% from the same period last year.

Futures market: this week, the main short fiber futures showed a unilateral sharp decline trend. On Friday, the main contract of short fiber pf futures closed at 7868, down 8.55% from the closing price of last week. The settlement price is 8048 yuan; The position was 122613, the position decreased by 11707, and the basis difference was 1125. This week, the main domestic staple fiber upstream raw material PTA futures fell by 8.19% to close at 6408, and the main ethylene glycol futures fell by 14.04% to close at 4457.

Influencing factors: 1 This week, the international crude oil price showed a trend of shock and slight decline. OPCE may stick to the accelerated production increase plan. The interest rate increase market of major central banks is worried about the slowdown of economic growth and the reduction of energy demand. The data show that the US crude oil inventory increased last week and the international oil price extended its decline. This week, US oil fell more than 3% to close near us $105 per barrel. 2. PTA supply was relatively loose this week, the maintenance of downstream polyester unit was concentrated, the demand for load decline was weakened, and the upstream PX and crude oil were both lower. 3. although the ethylene glycol supply contracted this week, the downstream demand was sluggish, and the port inventory continued to accumulate, reaching a new high in the year. Lower upstream crude oil and coal prices were also dragged down. 4. this week, the pure polyester yarn and polyester cotton yarn market fell in a narrow range, the demand was weak, the inventory remained high, mainly through preferential negotiation. 5. the trend of polyester staple fiber was weak this week. The prices of raw materials ethylene glycol and PTA have fallen sharply, and the cost support has weakened. With the advent of the traditional off-season, the start-up of the weaving plant of the terminal cotton mill has declined slightly, and the orders are less.

Future forecast: opec+ production will soon recover, short-term oil prices may continue to fall, and the cost side support of polyester staple fiber will weaken. The United States said that it was discussing the abolition of tariff hikes on China, and downstream demand was expected to pick up. It is expected that polyester staple fiber will be weak and stable after continuous decline in the early stage. Pay close attention to the situation in Russia and Ukraine, US tariff information and changes in raw material prices.

According to the monitoring of business agency, on June 23, the average price of domestic BDO manufacturers was about 22020 yuan / ton, down 2.05% month on month and up 21.99% year on year. In terms of market conditions, the mainstream of spot bulk water in East China negotiated 21300-21500 yuan / ton; Barrel Negotiation: 23500-23500 yuan / ton (acceptance and delivery); The mainstream negotiation of spot bulk water in South China is 21400-21600 yuan / ton; Barrel Negotiation: 23500-23500 yuan / ton (acceptance and delivery). The actual orders in the domestic BDO market were followed up lightly, and the focus of trading and investment continued to decline. At present, the information about suppliers is light, the downstream demand side remains depressed, there is a strong wait-and-see mood in the market, and there are few actual single transactions.

Region, Price (yuan / ton), Rise and fall (yuan / ton)

Jiangxi region, 10900-11300., 0

Henan region, 11000-11500., 0

Inner Mongolia, 10600-10800., 0

Shandong region, 11000-11500., 0

Fujian, 10900-11300., 0

On June 22, the mainstream price of domestic anhydrous hydrofluoric acid manufacturers was 10800-11300 yuan / ton. The ex factory price trend of the on-site merchants was temporarily stable, still dominated by stability. The operating rate of domestic hydrofluoric acid manufacturers increased, and the on-site supply was sufficient. Recently, the fluorite price rose slightly, but the downstream refrigerant market continued to decline, and the on-site procurement was not active. In general, it is expected that the on-site hydrofluoric acid price will be stable in the later period.

According to the monitoring data of business agency, the TDI price trend in East China this week was stable and upward. As of June 19, the average market price in East China was 17325 yuan / ton, an increase of 0.73% compared with the price of 17200 yuan / ton at the beginning of the week, and an increase of 1.76% month on month.

Within the week, the TDI market was reorganized and operated, and the supplier released the news. The Shanghai plant is expected to be overhauled in July, and the market supply may be tightened. The factory has an obvious attitude of supporting prices, and the offer of the goods holder was raised. However, due to the weak downstream demand, it was just necessary to follow up, the on-site trading did not improve, and the purchase was less than expected. The TDI market only rose slightly. As of the 19th, the quotation range of domestic goods in the distribution market in East China is about 17200-17300 yuan / ton, and the quotation range of Shanghai goods is 17500-17600 yuan / ton, mainly through negotiation. The dealer’s quotation is adjusted with the market news, and the market is stable for the time being.

The upstream toluene market was sorted down, and the price trend of the week fell slightly. As of June 17, the domestic average price of toluene was about 9060 yuan / ton, down 1.84% from last week. Crude oil fell in a wide range, and the positive US gold market weakened, the external news weakened, and the support for toluene weakened. In addition, the downstream had strong resistance to high priced toluene, so the follow-up was cautious, and the focus of toluene moved down during the week.

According to the analysis of TDI datagrapher of business society, the domestic TDI market has a strong wait-and-see mood, the downstream demand is weak, and the upstream rise is weak. It is learned from the supplier that there will be plant device maintenance at the end of June, and the market is expected to rise in the future. Specifically, it is also necessary to pay attention to the downstream follow-up, mainly the short-term TDI market wait-and-see consolidation.

On the 20th, the domestic NMP market price was temporarily stable, with an average electronic grade price of 33750 yuan / ton, down 7.2% from the 30th. Recently, the market has a trend to stop falling and stabilize, with weak cost support, slow follow-up of downstream procurement, dominated by negative factors in the NMP market, and weak price consolidation.

Upstream BDO: the B market news is light. Many operators enter the market to wait and see, and the follow-up of actual orders is limited. There is no deal in the factory auction, and the downstream just needs to purchase and depress the price; With the shipment mentality of the manufacturer holding the goods, the quotation is chaotic and low, and the focus of the actual order is low-end.

According to the NMP analysts of the business community, the cost support is slightly weak. They pay close attention to the changes in raw material prices and expect that the NMP market will be weak in the near future.

According to the monitoring data of the business community, the commodity index of polyaluminum chloride on June 17 was 120.54, unchanged from yesterday, down 15.49% from the highest point of 142.64 in the cycle (2021-11-01), and up 42.96% from the lowest point of 84.32 on August 18, 2020. (Note: the period refers to the period from April 1, 2019 to now)

As shown in the figure, the monitoring data of the business community showed that the domestic market of polyaluminum chloride was mainly stable in the current week (June 13-17), and occasionally slightly weak. The domestic mainstream quotation of solid (industrial grade, content ≥ 28%) polyaluminum chloride was slightly adjusted from about 2242.5 yuan / ton to 2230 yuan / ton, with a slight weekly decrease of 0.56%. The manufacturer’s production is normal, the spot inventory is sufficient, and the demand and transaction are average.

Industrial chain: in terms of upstream raw materials, hydrochloric acid: according to the monitoring data of business agency, the price of domestic hydrochloric acid fell slightly in the current week (June 11-17), and the average market price fell from 287.50 yuan / ton at the end of last week to 275.00 yuan / ton at the end of this week, a decrease of 4.35%. From the manufacturer’s quotation, the domestic hydrochloric acid market price fell slightly this week; From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market fell sharply, weakening the support for hydrochloric acid; The downstream market fell slightly, and the downstream products were generally enthusiastic about purchasing hydrochloric acid, which had a negative impact on the price of hydrochloric acid.

Liquefied natural gas is used in the production process. According to the data monitoring of business agency, the average price of domestic liquefied natural gas was 6306 yuan / ton on June 13, and 6362 yuan / ton on June 17, a weekly drop of 0.89%. Since the beginning of June, the domestic LNG market price has fluctuated downward, down 3.32% so far, and the market is weak.

Future forecast: in the near future, the raw material cost continues to be weak, the downstream demand is still tepid, and the transaction is general. It is expected that the future market of polyaluminum chloride will remain stable or slightly weak.

According to the monitoring of business agency, on June 16, the average price of domestic BDO manufacturers was about 22500 yuan / ton, down 3.10% month on month and up 24.65% year on year. In terms of market conditions, the mainstream of spot bulk water in East China negotiated 22100-22300 yuan / ton; The mainstream negotiation of spot bulk water in South China is 22200-22400 yuan / ton. The decline in the domestic BDO market continued, and just needed orders were traded. The spot market worried about the further decline of the market and negotiated a narrow margin of interest. The factory auction transaction was acceptable, which supported the suppliers to support the market, and the market decline was temporarily limited.