In June, the domestic propane Market as a whole showed a fluctuating upward trend, which was first low and then high in the month, and rose significantly in the second half of the month. According to the data monitoring of business news agency, the average price of propane in Shandong was 4305.75 yuan / ton on June 1 and 4458.25 yuan / ton on June 30, with an increase of 3.54% in June, up 52.29% compared with the same period last year.

In June, with the arrival of the traditional off-season, the overall trend of propane market was weak. At the beginning of June, with the introduction of CP price in June, the price of propane butane increased significantly. The high import cost supported the upstream mentality, and the price increased slightly. However, due to the lack of favorable support and weak terminal demand in the later period, the price rise did not continue and the overall price fell. On September 9, propane Market returned to the upward route again within the month, and the international crude oil push up brought obvious support to the market. The northern market was benefited by this, the atmosphere of downstream market entry was improved, the manufacturer’s shipment was improved, the inventory was released, and the price was stable and upward. The transaction atmosphere of southern market is flat, and most of them are stable in shipment.

In the second half of the month, the positive factors increased, the propane market rose significantly, the international crude oil market continued to rise, and the news was positive. In addition, there was a certain demand for replenishment in the downstream after the festival, and the high cost of imported gas also brought obvious support to the market. Under multiple positive factors, the manufacturers’ mentality was strong, and the main trend was to adjust the price.

Saudi Aramco CP announced in July that propane and butane all rose. Propane was 620 US dollars / ton, up 90 US dollars / ton from last month; Butane is 620 US dollars / ton, up 95 US dollars / ton from last month.

At the end of July, the price of CP was released, and the price of propane and butane rose sharply. The high import cost brought obvious support to the domestic market. In addition, the international crude oil market was dominated by market favorable factors, and the price continued to rise. However, due to the influence of seasonal factors, the current propane market demand is weak, which brings a certain constraint to the rising market. It is expected that the propane market will fluctuate in July.

1、 Price trend

Toluene prices fell first and then rose this week, with prices chopping in narrow ranges, according to data from the business agency’s bulk list. On June 27, the price of toluene was 5781 yuan / ton; The price of this Sunday (July 4) was 5800.2 yuan / ton, up 19.2 yuan / ton, or 0.33% from last week; It was 66.67% higher than the same period last year.

2、 Analysis and comment

Crude oil price maintained high, support better, East China market price is on the wait and see; South China has been on a small increase in price due to the reduction of supply. However, the overall demand of toluene market remains weak, and the price remains weak due to the limited automobile transportation in the north area, the market transaction is reduced and the price remains weak. On the external market, as of July 2, the price of imported toluene in South Korea was US $743 / T, up $10 / T, or 1.36% on June 25, on June 25.

In terms of crude oil, the market is optimistic about the recovery of crude oil demand. U.S. crude oil inventories continue to decline. OPEC + may start to increase production in August, but no agreement has been reached on the latest policy. International oil prices are mixed. On June 25, Brent fell 0.01% to a new $0.01/barrel; WTI rose $1.11 per barrel, or 1.5%.

Downstream: in terms of TDI, TDI price in East China this week remained stable, with domestic products of 13866.67 yuan / ton, up 31.23% from the same period last year.

In terms of PX market, the domestic PX price rose sharply this week, with the price of 7100 yuan / ton, up 9.23% from last week, up 47.92% year on year. As of July 2, closing prices in Asia were $903-905 / T FOB Korea and $921-923 / T CFR China.

3、 Future forecast

Toluene analysts of the chemical branch of business society believe that: on the supply cost side, opec+ production reduction implementation, the total number of us oil drilling platforms and weekly EIA and API inventory data. Second, on the demand side, the impact of global epidemic on crude oil demand, recovery of industrial chain, economic and trade situation in Europe and the United States and related progress of financial stimulus plan. Third, look at the geopolitical situation in the Middle East, China and the United States, the progress of new technology, the dollar index and stock market linkage.

The price support of p-toluene in crude oil remains; Downstream PX market is good, or the market of toluene has a certain drive. In general, the recovery of the northern auto transport market for toluene has a certain support, and the price is likely to rise. We will continue to pay attention to the influence of crude oil, external market trend, maintenance and maintenance of toluene plant, inventory of toluene port and downstream demand (gasoline blending market) on toluene price.

1、 Price trend

According to the monitoring data of the business association, the price of soda ash went up in June. At the beginning of the month, the average market price was about 1770 yuan / ton, and at the end of the month, the average market price was about 1882 yuan / ton, up 6.33%, 48.58% over the same period last year. On July 1, the commodity index of light soda ash was 96.51, which was the same as yesterday, decreased by 18.11% from 117.86 (2017-11-21), the highest point in the cycle, and increased by 52.83% from 63.15, the lowest point on November 18, 2015（ Note: period refers to the period from September 1, 2011 to now

2、 Market analysis

According to the monitoring data of the business community, domestic soda is relatively strong, and the price of downstream glass is strong. However, the overall demand performance in the near future is acceptable, and the price of soda ash is expected to be strong. According to the monitoring data of the business society, the soda ash in North China operates in a narrow range. The current mainstream market price of light soda ash is about 1850-1950 yuan / ton, and the demand for soda ash from downstream glass is fair. Generally speaking, the short-term price of soda ash is mainly consolidated. The main market price of light soda ash is about 1700-1850 yuan / ton, and the demand of downstream glass for soda ash is acceptable. Generally speaking, the price of short-term soda ash is mainly consolidated.

Upstream and demand: the trading atmosphere of crude salt market this month is acceptable, but the overall market is mainly stable and small dynamic. It is expected that the raw salt finishing market will run mainly in the later period. The price of domestic glass is strong, mainly running. On the whole, there is no pressure on the manufacturers’ inventory for the time being, the price fixing operation is the main, the downstream is more wait-and-see, the procurement is more cautious, and the traders are more flexible. It is expected that the glass price will fluctuate in a narrow range in the future.

According to the price monitoring of the business community, there are 4 kinds of commodities in the price rise and fall list of chlor alkali industry in June 2021, 1 kind of commodity in decline and 0 kind of commodity in rise and fall. The main commodities that rose were calcium carbide (10.40%), light soda (6.33%) and caustic soda (3.50%); The main commodities falling were PVC (- 1.64%). The average rise and fall this month was 4.31%.

Business analysts believe that: domestic soda market trading atmosphere is relatively stable, manufacturers actively shipping. The price of downstream glass is strong, the demand for soda is still good, and the price of soda rises. In general, soda late multi consolidation operation market, specific to see the downstream market demand.

According to statistics, the price of domestic fluorite rose slightly in June. By the end of the month, the average price of domestic fluorite was 2627.78 yuan / ton, up 0.42% from 2616.67 yuan / ton at the beginning of the month, and down 6.15% year on year.

In June, the price trend of fluorite was mainly stable. Recently, the manufacturers reported that the order situation of fluorite was general, the shipping situation of the merchants on the floor was normal, the supply of fluorite on the floor was relatively long, and the price trend of fluorite on the floor was stable and slightly increased. The domestic fluorite manufacturers are running stably, the operation of mines and flotation units in the field is normal, the delivery of fluorite in the field is general, and the fluorite market price is mainly stable. By the end of June, the price of 97 fluorite wet powder was 2400-2500 yuan / ton in Inner Mongolia, 2500-2600 yuan / ton in Fujian, 2500-2600 yuan / ton in Henan and 2400-2600 yuan / ton in Jiangxi, The recent domestic fluorite price trend is relatively stable.

The market price of hydrofluoric acid in the downstream of fluorite declined slightly. As of the end of the month, the domestic market price of hydrofluoric acid was 10000 yuan / ton, with a decrease of 0.5% in June. The price trend of hydrofluoric acid had a negative impact on the upstream fluorite market, and the price trend of fluorite had little change. The trend of domestic refrigerant market in June is stable. Recently, the sales situation of automobile industry is normal. The refrigerant market is temporarily stable. The demand is mainly purchased on demand. The trend of the refrigerant industry has little change. The market of various types of refrigerants has little change. However, the manufacturers are under pressure to ship and the sales pressure is high. In addition, the price of raw material hydrofluoric acid has declined, which has lost some cost support, The output of downstream air conditioning is low, the demand is scarce, and the price of refrigerant changes little. On the whole, negative factors dominate the refrigerant market, and the prices of hydrofluoric acid and chloroform are lower, which makes the refrigerant industry under pressure. At present, the load of R22 manufacturers is not high, the inventory is in a reasonable range, and the market price trend is temporarily stable, but the downstream receiving capacity is limited, there are many wait-and-see emotions, the shipment situation of the goods holders is normal, and the mainstream of on-site negotiations is 16500-17500 yuan / ton. Domestic R134a manufacturers are operating at low load, and the price trend of R134a rises slightly. However, the current demand procurement is the main, the downstream enterprises are not high, and the traders are in a strong wait-and-see mood. At present, the market quotation of refrigerant R134a is mostly in the range of 21000-24000 yuan / ton, but the transaction atmosphere is general, the downstream refrigerant market is temporarily stable, and the price trend of fluorite is stable.

On the whole, the downstream refrigerant industry market is full of essays. However, the supply of hydrofluoric acid in the market is normal in the near future, and the price of hydrofluoric acid in the north market has risen slightly. In addition, the supply of fluorite is normal. Business analyst Chen Ling thinks that the fluorite Market price may not change much in the short term.

Trade name: ammonium sulfate

Latest price: 1055 yuan / ton

Commodity index: the commodity index of ammonium sulfate on June 30 was 88.28, which was flat with yesterday, down 16.94% from 106.28 (2012-05-24), the highest point in the cycle, and 140.87% higher than the lowest point of 36.65 on June 23, 2014（ Note: period refers to the period from September 1, 2011 to now

Analysis points: the price of ammonium sulfate is stable today. At present, domestic demand is still acceptable, and foreign demand is increasing. The price of coking grade ammonium sulfate is relatively stable. Most of the internal ammonium sulfate plant maintenance, the source of goods is less, the price is strong. Downstream compound fertilizer enterprises due to the rising raw materials, high price finishing.

Future market forecast: at present, the supply of ammonium sulfate is tight and the export demand is good. Urea price is high, and it is indirectly favorable. It is expected that the price of ammonium sulfate will rise steadily in the short term.

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.

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.

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.

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.

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.