Trade name: caprolactam

Latest price: 15550 yuan / ton

Key points of analysis: the price of caprolactam fell on November 11, down 1.58% compared with the previous trading day. The price of raw material pure benzene decreased and the cost support was insufficient. The demand of downstream polymerization plants is weak, mainly just need to buy, and the market turnover is weak. Sinopec cut the price of high-end liquid caprolactam to 15200 yuan / ton.

Future forecast: caprolactam price is weak and stable in the short term.

Trade name: isopropanol

Latest price November 10: 7866.67 yuan / ton

Key points of analysis: on November 10, the focus of the domestic isopropanol market moved downward, and the price of raw acetone continued to decline, which suppressed the market mentality. Traders are more cautious in taking goods. Most of the downstream are wait-and-see. The overall trading atmosphere of the market is light, and the isopropanol market quotation fell. Forecast: there is still room for price reduction of isopropanol in the short term.

Today, Shandong styrene market continued to decline in a narrow range. According to the data of business agency, the production price of styrene in Shandong was 9390.00 yuan / ton, down 0.11% from 9400.00 yuan / ton yesterday.

Styrene market fell slightly today. Crude oil was strong, pure benzene fluctuated, ethylene fell, and the cost was supported, but it weakened temporarily. After the market surged, the futures position decreased, and the inventory of mainstream ports decreased, but the supply of domestic enterprises was abundant. The downstream demand is weak, the market is insufficient, the low price follows up, and the overall transaction is not smooth. It is expected that the styrene market will still operate in shock in the short term, and the cost side will tend to form a bottom support.

Today, the price of styrene in East China was reduced to around 9150-9200 yuan / ton. The quotation in Northeast China is stable around 8900 yuan / ton, and that in South China is stable around 9400-9450 yuan / ton.

The price of aluminum fluoride rose on November 8

According to the data of business agency, the domestic price of aluminum fluoride on November 8 was 12766.67 yuan / ton, up 2.13% from 12500.00 yuan / ton on the previous trading day (November 5); On November 8, the trend of aluminum fluoride rose strongly.

Industry chain Market

According to the monitoring of business agency, the hydrofluoric acid market rose this week. On November 8, the hydrofluoric acid price was 13990.00 yuan / ton, up 3.25% from the hydrofluoric acid price of 13550 yuan / ton on November 1. The price of hydrofluoric acid rises sharply and the cost of aluminum fluoride rises; Aluminum fluoride is gaining momentum.

According to the monitoring of business society, on November 8, the price of electrolytic aluminum rose slightly, the overall aluminum price fluctuated and fell, the downstream demand weakened, the positive and negative effects on aluminum fluoride increased, and the downward pressure on aluminum fluoride increased.

Market overview and forecast

Analysts of aluminum fluoride industry of business agency believe that the price of hydrofluoric acid, the raw material of aluminum fluoride, has risen recently, the cost of aluminum fluoride has risen, the price of electrolytic aluminum has fluctuated and fallen, and the demand for aluminum fluoride has weakened. Generally speaking, aluminum fluoride has great upward momentum, and the downward pressure still exists. It is expected that the price of aluminum fluoride will rise slightly in the future.

According to the price monitoring of business agency, the domestic crude benzene production price was 6301 yuan / ton on November 4, up 1.61% from the previous day.

In October 2021, the listing price of Sinopec’s pure benzene was raised twice and lowered twice. As of October 28, it was 7600 yuan / ton, of which Qilu Petrochemical was 7550 yuan / ton. Others: Dongming Petrochemical quoted 7700 yuan / ton, HSBC Petrochemical quoted 7600 yuan / ton, Jincheng Petrochemical quoted 7600 yuan / ton; Weilian chemical offers 7603 yuan / ton, Xinhai Petrochemical 7600 yuan / ton and Hongrun petrochemical 7550 yuan / ton. During the week, the price of crude oil fell, pure benzene operated weakly, the wait-and-see on the site increased, and the negotiations were light. The production restriction of coking enterprises remains the same, and the mentality of coking enterprises has weakened. The bidding price has increased slightly by 100 yuan / ton this week, and 6300-6305 yuan / ton has been implemented in Shandong.

In the future, the business community believes that the crude oil is down, the fundamentals are limited, the overall supply of crude benzene market is tight, and the future market is dominated by stable operation for the time being.

According to the statistics of business agency, the market of potassium carbonate rose on November 3. The mainstream ex factory quotation range of Shanxi industrial grade potassium carbonate is about 8000-8400 yuan / ton (the quotation is for reference only). The quotation is different according to different procurement conditions. The domestic potash fertilizer market is in short supply, the inventory is low, the downstream procurement is relatively active, the market transaction is OK, and the market rises slightly.

In the near future, the potassium chloride market is at a high level and the market supply circulation is tight. It is expected that the price of potassium carbonate will mainly rise in the short term, and the long-term market still needs to wait and see. (the above prices are provided by major potassium nitrate manufacturers all over the country and sorted and analyzed by potassium carbonate analysts of business society. They are for reference only. Please contact relevant manufacturers for more price details).

Trade name: formic acid

Latest price (November 2): 8066.67 yuan / ton

On November 1, the formic acid commodity index was 444.04, an increase of 0.92 points over yesterday, a record high in the cycle, and an increase of 266.67% over the lowest point of 121.10 on December 7, 2020. (Note: the period refers to the period from September 1, 2020 to now)

On November 2, the market price of formic acid was stable, flat compared with the previous trading day, increased by 0.62% compared with the price on October 2, and increased by 160.22% year-on-year in a three-month cycle. At present, the cost side is generally supported, the downstream is mainly based on on-demand procurement, the market trading is orderly, the limited films sound, the output is low, and the supply side supports the high-level operation of the market.

It is expected that in the short term, the formic acid market may be high and stable.

Price trend

According to the price monitoring of the business agency, the average ex factory price of sulfur market in East China was 2123.33 yuan / ton on October 31. Compared with the average ex factory price of 1970.00 yuan / ton at the beginning of the month, it increased by 7.78% in the month and 125.89% year-on-year compared with last year.

In October, the domestic sulfur was sorted out at a high level, the price trend was stable and upward, and the market situation was strong. During the month, the inventory of refineries in various regions in China remained low. Downstream factories and traders mainly purchased on demand, and the enterprise shipped smoothly. The port was cautious to wait and see, and it was difficult to find the spot on the site. The holder had no intention to ship at a low price. The external price was strong, which boosted the mentality of domestic refineries, Domestic sulfur manufacturers adjusted their quotation according to the sales situation, and the sulfur market price increased slightly. As of December 31, the price of solid sulfur in various regions of China had risen and fallen as follows:

region varieties October 8th October 31st Rise and fall (yuan / ton)

East China Sulfur (particle) 1900-1990 yuan / ton 1920-1990 yuan / ton 20/0

North China Sulfur (particle) 1830-1890 yuan / ton 1920-1980 yuan / ton 90/90

Shandong region Sulfur (particle) 1980 yuan / ton 2200 yuan / ton two hundred and twenty

Downstream market of industrial chain

The downstream sulfuric acid market fluctuated. During the month, the prices of mainstream sulfuric acid manufacturers in Shandong rose and fell. Some enterprises were limited by environmental protection, with low start-up, general manufacturer inventory, good downstream demand, smooth enterprise shipment and good market situation. It is expected that the trend of sulfuric acid in the later stage may rise slightly.

In terms of phosphate fertilizer, domestic demand continued to be weak. In October, the market of Monoammonium and diammonium was weak, the market atmosphere was weak, and the market trend was weak. Diammonium enterprises mainly maintained export orders, and the delivery of goods was relatively smooth. The market of Monoammonium was stable and downward, with general support for sulfur.

Future forecast

According to the sulfur analysts of the business society, the current domestic refineries are at a high level, the downstream demand is average, coupled with the decline in the start-up of phosphate fertilizer, the on-site mentality is cautious, and it is expected that the sulfur market will be weak in the later stage, and the specific attention will be paid to the market transaction.

This week (10.25-10.29), the market of nitrile rubber was stable. According to the monitoring of business society, as of October 29, the price of nitrile rubber was 24900 yuan / ton, mainly stable.

The ex factory price of domestic nitrile rubber is stable. According to the monitoring of business society, as of October 29, Lanzhou Petrochemical nitrile n41e reported 21900 yuan / ton, 3305e reported 22800 yuan / ton and 3308 reported 23900 yuan / ton. Some manufacturers control issuing orders, and the market supply is tight. The downstream rubber products industry mainly started stably, and the price of nitrile rubber was strong.

Raw butadiene fell and the cost side was weak. According to the monitoring of business society, as of October 29, the price of butadiene was 7991 yuan / ton, down 5.27% from 8435 yuan / ton at the beginning of the week.

Future forecast: nitrile analysts of business society believe that the supply of goods in the market is still tight, and the high price of nitrile rubber is expected to be strong in the short term.

Affected by the negative fundamentals on Wednesday night, most non-ferrous metals fell, led by tin and aluminum. As of the 28th, the settlement price of Shanghai lead 2112 contract was 15705 yuan / ton, down 1.41%.

Recently, the lead price has continued to rise, the profits of smelters have recovered, and the start-up of renewable lead enterprises has gradually recovered. However, due to the influence of limited power policy in some areas, the resumption of production is slow. After the festival, the overall operating rate of downstream storage enterprises increased, and the operation in some areas affected by the restricted power policy was slightly worse. Today, the market price fell, the market bargain hunting inquiry increased, and the overall inventory is still high. It is expected that the lead price will operate steadily and downward.