Author Archives: lubon

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.

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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.

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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.

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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.).

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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.

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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.

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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.

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Propylene oxide market price rose slightly this week (8.17-8.21)

1、 Price trend of propylene oxide

 

Gamma-PGA (gamma polyglutamic acid)

(Figure: P value curve of propylene oxide product)

 

2、 Market analysis

 

Propylene oxide Market is up this week. As of August 21, the average price quoted by propylene oxide enterprises was 13200 yuan / ton, up 1.8% compared with the beginning of the week, and 30.26% higher than July 21 (10133.33 yuan / ton).

 

At the beginning of the week (August 17), the average price quoted by propylene oxide enterprises was 12966.67 yuan / ton. The new factory had a good one-way direction and obvious intention to support the market, and the offer rose. On the 18th, the downstream polyether orders increased, and the delivery of propylene oxide plant was smooth, and the price rose again to 13033.33 yuan / T. on the 20th, the inventory of the factory was low, and the new order was still stable, and the price rose to 13200 yuan / T. at present, the overall pressure of propylene oxide plant was still under no pressure, However, the terminal’s resistance to high price raw materials and worries gradually show, and the downstream new single turns light, and the market mentality is more cautious and wait-and-see.

 

Regional notes on August 17 to August 21

In Shandong Province, 12650-12800 yuan / ton, 13000-13100 yuan / ton, spot exchange factory

In East China, RMB 13100-13200 / T; RMB 13300-13400 / T; cash delivery

In South China, 12700-12800 yuan / ton, 12900-13000 yuan / ton, spot exchange factory

Benzalkonium chloride

Upstream propylene, as of August 20, part of the propylene market price in Shandong rose. According to the price chart of business agency, the recent price of propylene fluctuates periodically, and the price range of recent fluctuation has broken through. At the beginning of August, the price was at the high level in the range. Since the end of the week, the price of some enterprises has been slightly up and down. On the 5th, it has been stable. From 6th to 10th, the first round of rising trend of breaking through the range of this month will be started. On the 11th, the prices of some enterprises will be generally stable. On the 14th, the prices of some enterprises will continue to decline. On the 17th, the prices will be stable, and on the 18th, they will rise partially There is an upward trend. The current market turnover is between 6950 yuan / ton and 7250 yuan / ton, and the mainstream price is about 6950 yuan / ton. Propylene manufacturers to ship smoothly, inventory without pressure.

 

According to the price monitoring data of business agency, as of August 20, the reference average price of domestic n-propanol with packaging in mainstream areas was around 12233.33 yuan / ton, up 2.8% compared with the price at the beginning of the month. As of August 20, the downstream flexible foam polyether market price range consolidation, downstream enterprises new order inquiry buying reduced, the actual order is limited.

 

3、 Future forecast

 

Propylene oxide analysts of the business agency believe that the recent high price of raw material propylene market, the cost side of the impact is limited, the factory temporarily no pressure, there is a certain support for the price, but the terminal pressure, downstream new orders follow-up and reduce, it is expected that in the short term, the propylene oxide market will be mainly high-level, and the specific trend needs to pay more attention to market information guidance.

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On August 17, the quotation of hydrochloric acid was temporarily stable

Trade name: hydrochloric acid

 

Benzalkonium chloride

Latest price (August 17): 335.00 yuan / ton

 

On August 17, the mixed price of hydrochloric acid in Shandong was temporarily stable, which was in line with the quotation on August 14. The upstream liquid chlorine market is generally in general, which gives weak support to hydrochloric acid, while the market of silica and ammonium chloride in the downstream is high consolidation, which brings certain support to the price of hydrochloric acid. At the same time, the maintenance of enterprises has increased recently, the supply of hydrochloric acid is relatively tight, and the downstream purchasing enthusiasm is good. The by-product acid still impacts the market, and the pressure of hydrochloric acid shipment is greater.

 

Recently, the market price of hydrochloric acid in Shandong area may fluctuate slightly, and the quotation is about 330 yuan / ton.

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Domestic BDO market forecast for next week on August 14

This week (8.10-8.14), the domestic BDO market was stable. According to the sample data monitored by the business agency, the domestic BDO market price was 8200 yuan / ton at the beginning of the week, up 4.60% month on month and down 12.39% year on year. Most of the manufacturing enterprises implement the listing price in August, and some enterprises set their own prices according to the order size of the market. As of Friday, the spot bulk water negotiation in East China is 7500-7800 yuan / ton, and the barreled water is 8500-9300 yuan / ton (delivered by acceptance). In South China, the bulk water negotiation is 7500-7800 yuan / ton, and the barreled negotiation is 8500-9300 yuan / ton (delivered by acceptance).

Melamine

Settlement price of some enterprises in July and listing price in August:

 

enterprise

Settlement in July (bulk water delivery)

Listing in August (bulk water delivery)

Henan energy and Chemical Group Co., Ltd. East China 7700 yuan / ton, South China 7800 yuan / ton, East China 8200 yuan / ton, South China 8300 yuan / ton

Henan Kaixiang Chemical Co., Ltd. East China 7700 yuan / ton, South China 7800 yuan / ton, East China 8200 yuan / ton, South China 8300 yuan / ton

Xinjiang Meike Chemical Co., Ltd. East China 7660 yuan / ton, South China 7760 yuan / ton, 8200 yuan / ton East China, South China 8300 yuan / ton

Benzalkonium chloride

Xinjiang Lanshan Tunhe Chemical Co., Ltd. East China 7700 yuan / ton, South China 7800 yuan / ton, East China 8200 yuan / ton, South China 8300 yuan / ton

Shaanxi Shaanxi Chemical Industry Co., Ltd. East China 7700 yuan / ton, South China 7800 yuan / ton, East China 8200 yuan / ton, South China 8300 yuan / ton

In terms of enterprise devices this week, Ronghe, Xinye and Tianye shut down for maintenance, and the restart time is not determined; Dongyuan parking is expected to restart in mid August; Meike phase I and II load is 60% and phase III is mainly for self use; Tunhe is shut down for maintenance in late July and is expected to restart in mid and late August; and two sets of devices in Kaixiang, Henan Province On July 20, the equipment was restarted one after another, with a load of about 60%; Hecheng Coal Co., Ltd. shut down for a week due to upstream device problems on July 30, and one set of device has been restarted, and the other is planned to restart in mid August; Panjin Dalian is shut down for maintenance on June 10, and the product is expected to be produced on August 14.

 

Next week, there is a certain positive short-term supply, the factory stand firm attitude, low price reluctant to sell. BDO analysts of business agency predict that the domestic BDO market will fluctuate more narrowly next week.

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