Author Archives: lubon

Calcium carbide prices in Northwest China fell slightly this week (9.14-9.18)

1、 Price trend

 

EDTA

This week, the price of calcium carbide in Northwest China dropped slightly. This week, the average ex factory quotation price of mainstream calcium carbide manufacturers dropped from 2740.00 yuan / ton at the beginning of the week to 2730.00 yuan / ton at the end of the week, down 10 yuan / ton or 0.36%, and 4.77% compared with the same period last year. Overall, this week’s calcium carbide market fell slightly, the carbide commodity index on September 18 was 71.53.

 

2、 Trend analysis

 

According to the manufacturer’s quotation, the price of calcium carbide in Northwest China has been stable and falling this week: the price of calcium carbide from ovicanon is 2800 yuan / ton at the end of this week, which is 30 yuan / ton lower than that at the beginning of the week; the price of calcium carbide in Inner Mongolia and China Union is 2690 yuan / ton at the end of this week, which is temporarily stable compared with the beginning of the week; the quotation of calcium carbide in Xingping of Ningxia is 2700 yuan / ton at the end of this week, which is temporarily stable compared with the beginning of the week.

 

Overall, the actual transaction price of calcium carbide in Northwest China is about 2650-2800 yuan / ton this weekend: the mainstream transaction price of calcium carbide in Shaanxi is about 2800 yuan / ton; the mainstream transaction price of calcium carbide in Ningxia is about 2700 yuan / ton; the mainstream transaction price of calcium carbide in Inner Mongolia is about 2650 yuan / ton, and the actual transaction price is mainly through negotiation.

 

EDTA 2Na

From the calcium carbide upstream and downstream industry chain, upstream raw material market, orchid charcoal factory quotation this week temporarily stable. At present, the quotation of small materials is 560 yuan / ton, that of medium materials is 580 yuan / ton, and that of large materials is about 750 yuan / ton. The low price consolidation of upstream raw materials and the general cost support have a negative impact on the price of calcium carbide.

 

Downstream market, PVC factory price rose slightly this week. The price of PVC increased from 6580.00 yuan / ton at the beginning of the week to 6667.50 yuan / ton at the end of the week, up 1.33%, and decreased by 2.06% compared with the same period last year. This week, PVC prices rose slightly, the market is good, downstream purchasing enthusiasm for calcium carbide, overall, PVC market this week has a positive impact on calcium carbide prices.

 

3、 Future forecast

 

In late September, calcium carbide market fluctuated slightly. The price of raw materials in the upstream is low, which generally supports the price of calcium carbide, while the price of PVC in the downstream rises slightly. The downstream customers are more active in purchasing calcium carbide. Moreover, the production capacity of calcium carbide is insufficient at this stage, and the supply of calcium carbide is tense. The later market forecasts that the price of calcium carbide in Northwest China will rise slightly in late September.

http://www.lubonchem.com/

PX market price stabilized temporarily this week (9.14-9.18)

According to statistics, the price trend of domestic p-xylene factory was temporarily stable this week, with an average price of 4600 yuan / ton at the weekend, which was temporarily stable compared with the price of 4600 yuan / ton at the beginning of the week, with a year-on-year decrease of 30.3%.

 

Bacillus thuringiensis

The domestic PX operating rate is about 60%. The operation of Hongrun 600000 ton new unit is stable, Huizhou refining and chemical plant is stable, fuhaichuang plant is on the first line, Pengzhou petrochemical plant is running stably, Yangzi Petrochemical PX unit is running normally, Jinling Petrochemical plant is running smoothly, Qingdao Lidong unit is operating at full load, Qilu Petrochemical plant is running stably The start-up of Urumqi petrochemical plant is about 50%, and Hainan refining and Chemical Co., Ltd. has started a production line. Hengli petrochemical plant is in normal operation, the domestic p-xylene supply is normal, and the domestic p-xylene market price trend is temporarily stable. This week, the operating rate of PX plant in Asia is about 70%, and the supply of PX goods in Asia is normal. This week, the price trend of PX external market has risen slightly. As of the end of the week, the closing prices of PX market in Asia are 543-545 USD / T FOB Korea and 561-563 USD / T CFR China. This week, the external price of PX has slightly increased. More than 40% of domestic products need to be imported, and PX external price is on the closing price Rise to the domestic market to bring a certain positive support, domestic PX market price trend temporarily stable.

 

The U.S. WTI crude oil futures market price rose sharply this week. As of the 17th, the settlement price of the main contract in the U.S. WTI crude oil futures market was at $40.97/barrel, and the settlement price of the main contract in the Brent crude oil futures market was at $43.30/barrel. The sharp rise in oil prices was mainly due to the sharp decline in US crude oil and gasoline stocks, and the superposition of Hurricane “Sally” forced a large number of U.S. oil production to be blocked. The rebound of oil price is mainly due to the force majeure of Hurricane “Sally”. At present, the fundamentals are still not optimistic. The number of new cases of the epidemic is still high. In order to stimulate the economy, the relaxation of blockade measures in various countries has brought difficulties to the later stage of epidemic prevention. Moreover, in winter, the possibility of outbreak counterattack is increasing, and the fuel demand will continue to be under pressure in the medium and long term, and the pressure of crude oil price continues to rise The price trend of domestic p-xylene market remained stable for the time being.

 

Benzalkonium chloride

This week, the price trend of downstream PTA market was mainly fluctuating. As of the end of the weekend, the PTA Market in East China had been discussed for 3400-3500 yuan. Recently, the starting load of PTA industry was 87%. The overall high-yield and sales of downstream polyester were difficult to sustain. The production and sales of mainstream large polyester filament factories were 50% – 70%, and the production and sales of some better factories could reach 110%. In terms of inventory, the overall inventory of polyester market is concentrated in 33-43 days, among which POY inventory is up to 11-17 days, FDY inventory is around 22-34 days, and DTY inventory is about 31-43 days. The quotation of the factory is basically stable. At present, some of its own devices are planned to restart, and the downstream polyester production and sales are poor, the market atmosphere is flat, and whether the terminal consumption capacity can continue to improve remains to be observed The price trend of toluene remained stable for the time being.

 

On the whole, the demand of textile industry has not improved significantly, the order performance is not stable, and the terminal demand is poor. For upstream Px, on-demand procurement is the main factor, and the price trend of PX market is stable.

 

Chen Ling, PX analyst of business agency, thinks that the recent trend of crude oil price is rising, but the operating rate of downstream textile enterprises is general, PTA market price remains low and volatile, domestic PX market supply is normal, and it is expected that PX market price will maintain about 4600 yuan / ton next week.

http://www.lubonchem.com/

On September 16, China’s domestic market price of bisphenol A was high and firm

Bisphenol a market in East China is running at a high level, and the reference for negotiation is 12400-12500 yuan / ton. After the factory’s sharp increase of 500 yuan / ton yesterday, the market followed the upward trend. Yesterday, both the market and the factory offer were at a high level. The downstream inquiry was positive, but the transaction was rare. On the whole, the market was relatively contradictory to the high price. Today, the market entered a state of rest, and the overall market maintained a high level. Under the tight supply of goods, there was basically no pressure on the shippers to deliver goods and the transaction was at a high level. It is expected that the domestic bisphenol a market will be stable in the short term. The market negotiation in East China will be at 12500 yuan / ton. Next week, it will be ready for the national day. The Business Association expects that the bisphenol a market will run at a high level before the festival. At the end of the day, bisphenol offers across the country were as follows:

Melamine

 

Regional price rise and fall

East China 12350-12400 100

12400-12500 100 in North China

http://www.lubonchem.com/

Butanone market was weak and fell 5.41% (9.7-9.11) during the week

According to the data monitoring of the business agency, as of September 11, the average ex factory price of domestic butanone market was 5833.33 yuan / ton. Compared with the price on September 7, the average price of butanone decreased by 333 yuan / ton, a decrease of 5.41%, and a decrease of 383 yuan / ton or 6.17% compared with September 1.

 

Chitosan oligosaccharide

This week, the domestic butanone market was cold and the decline was not shallow

 

The overall domestic butanone market fell this week. The atmosphere of market inquiry was general. The downstream purchasing was not active. The market was cold. The overall demand was low and the supply was slightly more. The manufacturers were tight in maintaining the just needed purchase, and there were few restockers. In terms of exports, the impact of international public events weakened exports and increased domestic trade pressure. At present, as of the 11th, the number of closed orders increased. The mainstream transaction price of butanone in East China was 5700 yuan / ton, down 300 yuan / ton compared with last week; the market in South China fell coldly, with the mainstream transaction price at 6100 yuan / ton, down 150 yuan / ton compared with the beginning of the month; the weakness of North China saw the mainstream transaction price of butanone at 5700 yuan / ton, down 100 yuan / ton compared with last week.

 

Price quotation of butanone in some areas of China (for reference only)

 

Regional product specifications up and down 9 / 1 9 / 11

South China butanone purified water delivery: 6300 yuan / ton: 6000 yuan / ton – 300 yuan

East China butanone purified water storage 6150 yuan / ton 5800 yuan / ton – 350 yuan

North China butanone purified water delivery: 5800 yuan / ton 5600 yuan / ton – 200 yuan

 

Benzalkonium chloride

On the upstream side, in September, when entering the traditional sales peak season, the LPG civil market did not show an upward trend, but fell. The reasons are as follows: first, demand. With the arrival of autumn, the temperature gradually drops, the weather turns cool, and the terminal demand is expected to grow. However, due to the current market situation, the terminal consumption is still weak, most of the downstream purchasing capacity is insufficient, and the shipping atmosphere of manufacturers is not good. Secondly, with the introduction of Saudi Aramco’s CP price in September at the end of August, although there was an increase, the increase was significantly lower than expected, which provided limited support to the market. Third, affected by the upstream international crude oil, due to the slowdown of economic recovery, expected warming, weak fuel demand and the impact of Saudi Arabia’s oil price adjustment. According to monitoring, in the week of September 4, oil prices fell for three consecutive days, and the WTI fell by nearly 7%. Crude oil pressure downward, news negative liquefied gas market. At present, the supply of liquefied gas market has little change, and the output is relatively sufficient. As a result, the civil market of liquefied gas did not rise but fell. According to the data monitoring of the business agency, the average price of LPG in Shandong market was 3200.00 yuan / ton on September 1, and 3043.33 yuan / ton on September 10, a decrease of 4.9% during the period.

 

Heard that Shandong factory has parking expected to reduce production capacity, down the business or support the market

 

At present, the domestic butanone market is mainly stable for the time being, and the fatigue still exists. The industry has a strong wait-and-see mood. The South China shippers have a heavy bearish mentality, showing a weak trend. It is expected that the butanone market may have further decline risk in the short term.

http://www.lubonchem.com/

Toluene price trend stable this week (August 31 – September 6)

1、 Price trend

 

ferric sulfate (Poly ferric sulphate)

According to the business club’s big list data, this week’s domestic toluene market trend is stable. As of Friday, the domestic average price was about 3370 yuan / ton, up 0.3% month on month.

 

2、 Analysis and comment

 

The price trend of toluene is stable this week. Sinopec’s enterprises listed toluene price stable this week. As of the end of this week, the port inventory in East China was about 60000 tons, falling to the lowest level since the middle of March, but it is still high, and the pressure to go to the warehouse still exists. The market supply is still surplus, but the demand for blended oil and solvent in the downstream shows signs of improvement, the demand for toluene is slightly improved, the market trading atmosphere is slightly improved, and the overall supply and demand situation tends to be stable. At present, the mainstream price in East China is about 3450 yuan / ton. The market continued to pay attention to the impact of the geopolitical situation on the supply of crude oil due to the new coronavirus epidemic, the impact of the geopolitical situation in the Middle East on the supply of crude oil, the continued spread of the overseas epidemic delayed the impact of economic restart on the demand for crude oil, and the progress of the European and American economic recovery rescue plan.

 

Upstream, for crude oil, moderate fuel demand at the end of the summer led investors to be cautious about crude oil prices, adding to the stock market crash later this week, resulting in the largest weekly decline in WTI crude oil and distribution since June. As of Friday, spot Brent fell $3.665/barrel to close at $41.21/barrel, down 8.17% month on month. Analysts and traders were bearish on the outlook for crude oil next week. The future crude oil demand outlook and oil price trend mainly depend on the global epidemic trend and the orderly recovery of various countries’ economies. Meanwhile, the progress of the new crown vaccine, the linkage with the US dollar index and the stock market, and how oil producing countries and oil companies adjust their production are also important factors affecting oil prices.

 

EDTA

Downstream, TDI continued to rise slightly this week, and the market quotation continued to rise. According to market news, the listing price of Wanhua chemical in September increased by 2000 yuan / ton to 19000 yuan / ton. It is expected that the short-term TDI market will maintain a small upward trend. In terms of PX market, Sinopec’s listed price this week is about 4600 yuan / ton, and the latest price of external disk is about 536.5 US dollars / ton FOB Korea and 554.5 US dollars / ton CFR China. It is expected that the short-term PX market will be a small correction.

 

3、 Future forecast

 

According to toluene analyst of chemical branch of business agency: first look at the supply cost side, the total number of us oil drilling wells, EIA and API inventory data, and the implementation of OPEC + production reduction. Second, on the demand side, the impact of the continuous spread of the global second epidemic on the economic restart of crude oil demand, the progress of industrial chain recovery, the geopolitical situation of the Middle East and China and the United States, and the economic and trade situation of Europe and the United States. Third, look at the dollar index and stock market linkage. Next week, we will focus on the fluctuation of US dollar index and stock market, and the impact of Sino US economic and trade situation on the trend of crude oil. Overall, it is expected that the domestic market toluene price will usher in an adjustment trend next week.

http://www.lubonchem.com/

Aniline market remains stable this week (August 24-28, 2020)

1、 Price trend

 

The market price of aniline remained stable this week. On August 28, the price of aniline in Shandong was 4250-4430 yuan / ton, while that in East China was 4400-4500 yuan / ton.

 

Sodium selenite

2、 Analysis and comment

 

In terms of cost, the listing price of pure benzene was 3020-3450 yuan / ton (average price was 3390 yuan / ton) this Sunday (August 30), and the pure benzene in Shandong Province decreased slightly. This week, pure benzene trading light, slightly lower than last week’s price. In the first half of the week, the spot price of pure benzene rose slightly due to the rise of styrene, but in the second half of the week, the price dropped due to the impact of low prices such as hydrogenated benzene. This week, pure benzene port inventory decreased slightly, but the inventory remained high.

 

This week, the price of nitric acid stabilized, and on the 28th, the production price in East China was 1500 yuan / ton.

 

Aniline market continued to operate stably this week, and there was no significant change in downstream demand. Within the week, there is news that Huatai will restart soon. It is expected that the market supply will increase in the later period, and the market will wait and see.

 

Chitosan oligosaccharide

3、 Future expectations

 

In terms of cost, in the later stage, some downstream units will restart, which will support the demand for pure benzene. But the port inventory is still high, crude oil, external disk support is weak. It is expected that the short-term pure benzene price will not have a big breakthrough and the price will fluctuate in a narrow range.

 

Dongying Huatai aniline plant is about to restart, and the follow-up market supply will increase, but it is expected that the impact will not be great. Aniline will be mainly stabilized in the next week.

http://www.lubonchem.com/

Potassium carbonate market price fell in August

According to the data monitored by the business agency, at the beginning of the month, the average ex factory price of domestic light potassium carbonate was 6212.50 yuan / ton. At the end of the month, the average ex factory price of domestic light potassium carbonate was 6187.50 yuan / ton, a decrease of 0.40%. The current price was down 0.40% month on month, and the current price was 4.62% lower than last year.

 

Benzalkonium chloride

This week, the domestic potassium carbonate market fell slightly. The trading atmosphere of the potassium carbonate market was not good, and the actual transactions were less. Generally speaking, the attitude of the potassium carbonate manufacturers was low, and the market was in the situation of oversupply. According to the statistics of the business agency, the mainstream ex factory quotation range of domestic industrial grade potassium carbonate this week is about 5950-6400 yuan / ton (the quotation is for reference only), and the quotation is different according to different purchasing conditions.

 

In the near future, the quotation of mainstream manufacturers of upstream potassium chloride is temporarily stable: the ex factory quotation of Qinghai Salt Lake potassium chloride is 1830 yuan / ton at the weekend, and the quotation of Anhui Badou potassium chloride distribution at weekend is 1880 yuan / ton, which is temporarily stable. In recent years, the actual transaction of potassium chloride market is not good. On the whole, the main contradiction in the market is that the supply exceeds demand, the trading atmosphere is cold, the downstream procurement is mainly required, the overall inventory is low, the purchasing market momentum is low, and the domestic potassium chloride Market is stable. It can not support potassium nitrate.

 

Potassium carbonate analysts of the business society believe that the market price of imported potassium has continued to rise due to the impact of the State Reserve and the strike in Belarus, but the downstream acceptance is generally acceptable, and the price of domestic potassium in the market is expected to follow. Supported by costs, 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 analyzed by potassium carbonate analysts of business club for reference only. Please contact relevant manufacturers for more price details.).

http://www.lubonchem.com/

Can LPG market meet the “rising tide” again in the short term?

The general trend of the civil LPG market stabilized in the middle and late August, and the fluctuation range was limited during the period, with the rise and fall mostly maintained at about 50 yuan / ton. According to the data monitoring of business agency, the average price of LPG in Shandong market was 3150.00 yuan / ton on August 18, and 3166.67 yuan / ton on August 24, with an increase of 0.53% and 1.60% compared with August 1.

 

Melamine

In the middle and late August, Shandong LPG civil market is mainly stable, with limited fluctuation range. The price is mostly maintained at about 3200 yuan / ton, and the market transaction atmosphere is general. From August 18 to 20, due to the limited downstream demand and resistance to high prices, the enthusiasm for entering the market turned weak and the atmosphere of shipment was general. The market was weak at first, but the range was not large. Subsequently, on the 21st and 24th, there were two small rises, but the range was still limited. Due to the low level of supply in the District, after the price dropped slightly, the downstream market was appropriately replenished, and the transaction atmosphere was improved. After the manufacturers’ inventory fell to the middle level, some of them pushed up sporadically, and the upstream mentality was strong.

 

Until August 25, the mainstream prices of LPG in various regions of China are as follows:

Specification, mode of transportation, region, date, mainstream transaction price

Civil gas transportation in North China on August 25: 3090-3150 yuan / ton

Benzalkonium chloride

Civil gas and automobile transportation in East China on August 25, 2960-3000 yuan / ton

Civil gas and automobile transportation in South China on August 25, 2950-2970 yuan / ton

Civil gas transportation by truck in Shandong Province on August 25, 3140-3180 yuan / ton

Civil gas and automobile transportation in Northeast China August 25: 3200-3400 yuan / ton

Civil gas and automobile transportation in Western China August 25: 3040-3045 yuan / ton

During the middle and late August, the weak decline of upstream international crude oil had limited support for the market. Downstream products rose and fell in different ways, with maleic anhydride and propylene markets rising slightly, while propane and ethylene markets declined mainly.

 

At present, as the storm approaches the Gulf of Mexico, more than half of the offshore production facilities in the region are closed, and the supply is reduced. It is expected that the oil price will be boosted, and the international crude oil will be pushed up. The news will play a positive role in the market. At present, the market is supported by low supply and good profit, most of the inventory is in the middle and low level, and the willingness to support price is obvious. However, the terminal demand has not improved significantly, and the enthusiasm of downstream market entry is limited, and it is mainly cautious to wait and see. Most of the manufacturers’ shipment performance is general, the market transaction atmosphere is flat, to a certain extent, the price rise is restrained. It is estimated that it will be difficult to achieve a sharp rise in the short term, or high-level consolidation is the main task.

http://www.lubonchem.com/

Adipic acid market is weak and stable, and it may be difficult to break through in the near future

Adipic acid market trend chart

 

Melamine

According to the business club’s big list data, this week (8.17-8.21), the domestic adipic acid market weak adjustment, some regions prices slightly lower. According to the data monitored by the business agency, adipic acid in East China decreased slightly, by only 0.60%. The market demand was sluggish, the market supply pressure was not reduced, and most dealers reported low profits to ship goods. Market people still looked down on the future market, and the dealers were mainly light on inventory operation. According to the monitoring of the business agency, the current quotation range of adipic acid market is 6500-6700 yuan / ton.

 

In terms of market supply, the operating rate of adipic acid manufacturers this week was flat compared with that of last week, at present, more than 80% of them are at present. Dealers usually take delivery of goods normally. At present, relative to the off-season level, some dealers purchase according to the order, and light the inventory operation. Generally speaking, the pressure of enterprise inventory and market inventory is relatively large. In terms of cost, the upstream crude oil price maintained a periodic high, and pure benzene rose slightly this week by 0.88%. After experiencing the upward market in late July, the current periodic correction of pure benzene is insufficient to support the downstream adipic acid (as shown in the figure below). At present, the main contradiction in the market is that the downstream demand has not fundamentally improved, and adipic acid is squeezed from both upstream and downstream, resulting in the gradual decline of enterprise profits.

 

Market trend of pure benzene

 

Benzalkonium chloride

From the perspective of terminal demand, the downstream demand has little change compared with the previous period, and is still in the off-season level. The operating rate of downstream factories has not been significantly improved, and the overall consumption level of plastic products is not significantly improved, which is difficult to boost the market of upstream raw materials. In addition, the rigid consumption of polyurethane in the downstream is stable. Although the state has promoted new infrastructure investment, the real estate sector has not benefited much and the insulation material industry has not improved significantly. In addition, PA66 and other downstream products are not warm and tepid, and the price is still hovering at a low level. This week, the price fluctuated narrowly, with a slight increase of 0.66% (as shown in the figure below). As a result, adipic acid demand is difficult to fundamentally change, inventory is difficult to digest, manufacturers have a lot of pressure, dealers generally follow the market and purchase on demand. In addition, in addition to the weak domestic demand, external demand has also worsened. Especially affected by the overseas epidemic, the external demand has decreased, and the export pressure of adipic acid has continued to increase. It is not ruled out that the inventory will continue to rise in the future.

 

PA66 market trend chart

 

In the later stage, the business community seems that the fundamentals are still weak in the short term, the upstream lacks favorable support, the supply is loose, and the market price is squeezed by cheap goods. The downstream market will remain weak due to the weak domestic demand and the shrinking foreign demand orders caused by the severe overseas epidemic situation.

http://www.lubonchem.com/

Hydrochloric acid price in North China fell slightly this week (8.17-8.21)

1、 Price trend

 

ferric sulfate (Poly ferric sulphate)

The comprehensive price of hydrochloric acid in North China fell slightly this week, with the quotation falling from 335.00 yuan / ton at the beginning of the week to 330.00 yuan / ton at the end of the week, down 5 yuan / ton or 1.49%. Overall, hydrochloric acid market fell slightly this week, with the hydrochloric acid commodity index of 86.84 on August 21.

 

2、 Market analysis

 

From the manufacturer’s quotation point of view, this week hydrochloric acid Market manufacturer quotation drops slightly, the overall market is general. The quotation of Taiyuan kunshengda hydrochloric acid is 480 yuan / T, which is temporarily stable; Dezhou Shihua hydrochloric acid is 300 yuan / T, which is temporarily stable; Wenshui synthetic hydrochloric acid is 260 yuan / T at weekend, which is temporarily stable compared with the beginning of the week; Jinan Yuanfei hydrochloric acid is quoted at 450 yuan / T at weekend, which is temporarily stable compared with the beginning of the week; Dezhou Meihua hydrochloric acid is quoted at 180 yuan / T at weekend, which is 20 yuan lower than that at the beginning of the week /Tons.

 

Bacillus thuringiensis

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market is general, which gives weak support to hydrochloric acid, while the high consolidation of the downstream silica and ammonium chloride market has a positive impact on hydrochloric acid and has a certain support for the price of hydrochloric acid. The overall hydrochloric acid market this week seems to be stable temporarily, and the difficulty of hydrochloric acid delivery is still a big problem.

 

3、 Future forecast

 

The recent market of upstream liquid chlorine is general, while the downstream silica and ammonium chloride are mainly purchased on demand. Business agency analysts believe that hydrochloric acid recent low consolidation.

http://www.lubonchem.com/