1、 Price trend

According to the monitoring data of business society, the average price of PS ordinary materials at the beginning of this month was 10966 yuan / ton, and the average price of PS ordinary materials at the end of this month was 10933 yuan / ton, with a price decrease of 0.30% and an increase of 37.24% compared with the same period of this year.

2、 Market analysis

At the beginning of August, the domestic PS market was stable as a whole, with partial negative decline, and the raw material styrene rebounded slightly, but the price difference between styrene and PS was large. After the tightening of epidemic control measures, there was strong risk aversion in the market. The small and medium-sized downstream just need replenishment, there is no lack of small profit making shipments in the market, and the on-site trading situation is general.

At the end of August, the PS market was stable, with little change in the cost of goods held by merchants and the tight supply of some brands, so the market offer was firm. However, the demand of small and medium-sized downstream is poor, the market buying gas has weakened to a certain extent, and there are still profit making shipments.

The output of China’s PS industry was 59100 tons, with an operating rate of 73.62%, an increase of 0.2% month on month and a year-on-year decrease of 6.91%. CITIC Guoan restarted two benzene permeable and Qimei negative, but Tianjin rentai stopped for maintenance, and the increment within the week was limited. According to the data, on August 26, 2021, the price of benzene in East China market was 10750-11650 yuan / ton, the low-end chain was stable, and the high-end chain was down 50 yuan / ton.

3、 Future forecast

The short-term tight market supply still exists. After the restart of CITIC Guoan plant, the tension of ordinary benzene penetration will be alleviated. The PS market is expected to be weak in the short term or in a narrow range.

According to the data monitored by the business agency, as of August 27, the average price of domestic rubber grade excellent white carbon black was 5100.00 yuan / ton. The white carbon black operated smoothly this week. Compared with the same period last week, the price did not change significantly. The supply was balanced, operated stably, the shipment was normal and the inventory was general.

This week, the domestic rubber grade silica market fluctuated upward as a whole. Compared with the same period last week, the price increased by 3.55%, and compared with the same period last month, the price increased by 4.62%. The mainstream price range is about 5000 yuan / ton. The quotation of upstream hydrochloric acid manufacturers is temporarily stable, and the overall market is general, mainly focusing on stable operation. The main contract orders of silica are limited, The procurement atmosphere in the overall market is flat, mainly through negotiation. Merchants are cautious in taking goods, and the shipment is slow. The supply and demand in the overall market is balanced, the shipment is normal, and the inventory is general.

On August 26, the chemical index was 1132 points, down 2 points from yesterday, down 0.18% from the highest point 1134 points in the cycle (2021-08-25), and up 89.30% from the lowest point 598 points on April 8, 2020（ Note: period refers to from December 1, 2011 to now)

Business agency white carbon black analysts believe that white carbon black is expected to continue to operate steadily next week（ If you want to know more about the industry chain, please pay attention to the official account of the business community, get the information and grasp the price.

1、 Price trend

According to the monitoring data of business society, the average price of EPS ordinary materials at the beginning of this week was 10500 yuan / ton, and the average price of EPS ordinary materials at the weekend was 10500 yuan / ton. The price was temporarily stable, up 31.05% compared with the same period of the year.

2、 Market analysis

At present, the trend of domestic EPS market is weak. Weak crude oil depressed investor confidence, and the decline of pure benzene was relatively limited. Affected by the deep decline of 10 contracts, the spot correction of styrene accelerated. The cost support is weak, the terminal demand is weak, the production consumption is mainly inventory, the market replenishment intention is weak, and the overall transaction is poor.

As of August 19, Jiangsu ordinary materials were 9900 yuan / ton, a month on month decrease of 300 yuan / ton, a decrease of 2.94%, and blocking fuel was 10500 yuan / ton, a month on month decrease of 300 yuan / ton, a decrease of 2.78%. In terms of supply, some short-term shutdown devices may resume production recently, and the output is expected to increase slightly next week.

3、 Future forecast

At present, the demand for home appliances is difficult to improve significantly. The demand for thermal insulation plates in Northeast China is OK, and the overall demand is general. It is expected that the EPS market or narrow market will be weak next week.

Orthobenzene market remained stable

According to the data monitoring of business society, the price of orthobenzene was stable this week, and the market of orthobenzene was temporarily stable. The listing price of orthobenzene this week was 6300 yuan / ton, which was stable compared with the listing price of 6300 yuan / ton last week, with a year-on-year increase of 43.18%.

The price of raw materials is stable

According to the data test of business society, the mixed xylene price is stable this week, and the mixed xylene market is weak. The crude oil price has fallen sharply this week, the cost has decreased, and the demand is weak. In the future, the mixed xylene price is easy to fall but difficult to rise. The cost of o-xylene decreased, and the pressure of o-xylene decline increased.

The downstream market weakened

According to the data of business society, the price of phthalic anhydride fell slightly this week, and the phthalic anhydride market was weak. The phthalic anhydride market is weak, the demand for o-benzene is poor, and the rising power of o-benzene is weak.

Future forecast

Bai Jiaxin, an adjacent xylene data analyst at business society, believes that the upstream and downstream of the adjacent xylene industrial chain operated smoothly this week, the driving force for the rise of adjacent xylene was insufficient, the downward pressure was weak, the adjacent xylene market was stable, and the phthalic anhydride price fell slightly, which had a certain downward pressure on the adjacent xylene market. In the future, the adjacent xylene market was weak and stable.

Recent urea price trend

As can be seen from the above figure, the ex factory price of urea in Shandong increased this week. The quotation increased from 2740.00 yuan / ton at the beginning of the week to 2750 yuan / ton at the end of the week, an increase of 0.36%, a year-on-year increase of 56.25%. Overall, the urea market rose this week, and the urea commodity index was 127.91 on August 20.

The cost support is weakened, the downstream demand is weakened, and the urea supply is tight

From the manufacturer’s quotation, the mainstream ex factory price of urea in Shandong this week is temporarily stable. Yangmei plain urea has not been quoted this week; Shandong Ruixing urea quoted 2750 yuan / ton this weekend, an increase of 10 yuan / ton compared with the beginning of the week; Open water chemical urea has not been quoted this week.

From the upstream and downstream industrial chain data, the upstream products of urea increased slightly this week as a whole: the price of LNG increased slightly, and the quotation increased from 5433.33 yuan / ton at the beginning of the week to 5633.33 yuan / ton at the end of the week, an increase of 3.68%, a year-on-year increase of 129.62% compared with the same period last year; The price of thermal coal fell. The quotation fell from 1055.00 yuan / ton at the beginning of the week to 1040.00 yuan / ton at the end of the week, down 1.42%, up 85.88% year-on-year compared with the same period last year. The price of liquid ammonia fell, and the quotation fell from 4766.67 yuan / ton at the beginning of the week to 4683.33 yuan / ton at the end of the week, down 1.75%, up 51.08% year-on-year compared with the same period last year. The price of melamine in the downstream of urea rose slightly this week, from 13533.33 yuan / ton at the beginning of the week to 13966.67 yuan / ton at the end of the week, an increase of 3.20%.

From the perspective of demand: the transaction is mainly just needed, the agricultural demand is general, and the industrial demand is normal; The operation of downstream compound fertilizer and rubber plate plants is not high, and the operating load rate of melamine enterprises remains high. Most of them are used with mining and followed up with a proper amount of bargain hunting. From the perspective of supply: urea has entered the off-season of agricultural demand, and the early maintenance enterprises have gradually resumed production, with a daily output of about 155000 tons, which has increased. However, the follow-up of new orders is not smooth, and the shipping pressure increases. On the whole, the urea cost support is strengthened, the downstream demand is weakened, and the urea supply is slow.

The future price of urea is bearish

In late August, the urea market in Shandong Province may fluctuate slightly and fall mainly. Urea analysts of business society believe that at present, the urea plant has recovered and the supply is slow, but at present, the agricultural demand everywhere is declining, the industrial demand is general, the downstream merchants buy up or not buy down, there is a strong wait-and-see atmosphere for high-priced urea, and the future market price may fluctuate or fall slightly.

1、 Price trend

According to the bulk list data of business society, the average price of domestic liquid caprolactam was 14250 yuan / ton on August 16 and 14300 yuan / ton on August 22. The price of caprolactam rose 0.36% this week.

2、 Market analysis

As of August 22, Nanjing Dongfang caprolactam liquid price was 15000 yuan / ton, 400000 tons / year, the unit was started normally, and the caprolactam unit was in normal operation. Sinopec caprolactam liquid price is 14700 yuan / ton. The price of Baling Hengyi caprolactam liquid is 14700 yuan / ton, 450000 tons / year. The unit is started normally and delivered after acceptance. The price of caprolactam liquid of Baling Petrochemical is 14700 yuan / ton, 300000 tons / year. The unit is started normally and delivered after acceptance. Shandong Luxi Chemical caprolactam liquid price is 13900 yuan / ton, and the manufacturer’s production capacity is 300000 tons. The actual transaction can be negotiated.

The price of raw material pure benzene fell continuously this week. Due to the delay of import ships affected by the epidemic in the early stage, and the delivery near the end of the month, domestic purchase is more active, and pure benzene negotiation is better. However, during the week, crude oil fell deeply, coupled with the continuous decline of styrene, the fundamental support weakened, pure benzene was under pressure, and the price fell.

3、 Future forecast

Caprolactam analysts of business society believe that some enterprise devices are planned to restart in the short term, and the supply will increase. At present, the downstream just needs to be purchased, and the demand is OK. The recent decline in raw materials and weak cost support. It is expected that the caprolactam market will mainly operate weakly and stably in the short term, and it is suggested to pay attention to the changes of cost and demand.

Price trend

According to the bulk list data of business society, the price of domestic vitamin C remained stable this week, and the average price of food grade vitamin C remained stable at 49.33 yuan / kg.

According to the monitoring of business society, the domestic vitamin C market is light. At present, the mainstream price of food grade is 46-48 yuan / kg, and that of feed grade is 43-45 yuan / kg. The market quotation is falsely high, and the market transaction price is mainly negotiated. The downstream demand is general, mainly rigid demand. The manufacturer will not quote for the time being during some maintenance. The production and sales of vitamin C market are weak, and the price is stable.

Corn: the overall price of corn in the upper reaches is temporarily stable. Spring corn has been listed in some areas, and the supply tends to be loose. However, the recurrence of the epidemic has affected the circulation of grain sources. The price of corn in the main producing areas will continue to be moderately strong, which plays a supporting role in vitamin C.

The price of vitamin A was slightly corrected this week, with an average price of 289 yuan / kg at the beginning of the week and 290 yuan / kg at the weekend, an increase of 20.58%. Vitamin a stopped falling this week, but there was no substantial change in the market. Demand is still weak, downstream buying is insufficient, and vitamin A prices fluctuate at a high level.

Downstream pigs: by the end of July, the national pig stock had increased by 31.2% year-on-year, of which the stock of fertile sows had increased by 24.5% year-on-year, which had returned to the level of normal years. It plays a supporting role in vitamin A.

The price of vitamin E remained stable this week, with an average price of 74.33 yuan / kg. There are many enterprises that stop reporting in the market, and the market attention has increased. It is understood that Zhejiang Pharmaceutical vitamin E plant will be shut down for maintenance, and no external quotation will be made for the time being. The downstream demand is stable. Affected by maintenance, the factory has a strong willingness to support the price, and the market is stable and strong.

Future forecast

According to the vitamin analyst of the chemical branch of the business community, in the off-season of vitamin market development, the demand is weak and the production and sales are weak. It is expected that the recent vitamin price will be dominated by weak shocks.

The price of domestic ethyl acetate fell this week (8.9-13), which continued the downward trend of last week. Most domestic manufacturers reduced this week, stabilized slightly at the weekend, and the price of most manufacturers stopped falling. According to the monitoring of business society, the price of ethyl acetate fell by 1.47% this week, and the current price is in the range of 8200-8500 yuan / ton.

First, from the perspective of the upstream acetic acid market, the price of acetic acid continued to fall in August, and the cost was bad for the downstream ethyl acetate Market. According to the monitoring of business society, the cumulative decline of acetic acid in August was 2.89%, mainly due to the poor market atmosphere, the continuous downturn of downstream demand and the slight increase of domestic inventory, which was mainly due to the transportation control of various regions, the poor shipment of manufacturers and the wait-and-see mentality of downstream industries. However, large factories were overhauled in Shandong and Jiangsu, which alleviated the contradiction of sufficient supply to a certain extent.

In addition, from the perspective of supply and demand of ethyl acetate, first of all, at the supply side, the supply of ethyl acetate is abundant, the enterprise plant operates normally and maintains a high operating rate. However, since August, due to regional transportation restrictions, manufacturers have significantly slowed down their shipment speed. Large manufacturers have exchanged price for quantity and reduced prices intensively. Prices in East China, South China and other places have fallen to varying degrees. On the demand side, the market demand is relatively weak, the downstream procurement is relatively rational, there is generally no inventory in the off-season, and you can take it with you, but you just need to buy and continue to follow up, which is also an important reason for the price of ethyl acetate to stop falling and stabilize. Downstream continuous follow-up needs further observation.

In the future, ethyl acetate analysts of business society believe that the epidemic situation in many places in China, especially in Jiangsu, is still severe, and the road transportation problem will still suppress the price of ethyl acetate in some areas. In addition, with the resumption of large plants in Guangxi this weekend, the supply will increase in the later stage, and it is still difficult to make a breakthrough in the price of ethyl acetate without a fundamental improvement in demand.

Orthobenzene market remained stable

According to the data monitoring of business society, the price of orthobenzene was stable this week, and the market of orthobenzene was generally stable. The listing price of orthobenzene this week was 6300 yuan / ton, which was stable compared with the listing price of 6300 yuan / ton in early August.

The price of raw materials fluctuated and fell

According to the data test of business society, the price of mixed xylene first rose and then fell in August. This week, the price of mixed xylene continued to fall. The overall mixed xylene market weakened, the price of raw materials in the upstream of orthobenzene fell, the rising power of orthobenzene market weakened, and the downward pressure increased.

The downstream market continued to rise

According to the data of business society, the price of phthalic anhydride fell slightly in August, and the phthalic anhydride market weakened. The plasticizer market fell sharply this week, the downstream market fell, the phthalic anhydride market weakened, the downstream market of o-benzene weakened, dragged down the o-benzene market, and the rising power of o-benzene weakened.

Future forecast

Bai Jiaxin, an ortho xylene data analyst at business society, believes that after nearly three months of price stabilization, the price of ortho xylene finally rose in early August, but the market of ortho xylene industrial chain weakened in August. This week, the price of mixed xylene in the upstream fell and the price of phthalic anhydride in the downstream fell. Overall, the market of industrial chain fell this week, the driving force of ortho xylene rise weakened, and the support for the rise of ortho xylene in the future was insufficient.

According to the data monitoring of the business agency, the chloroform market rose this week (8.9-8.13). The price of methane was 2977 yuan / ton on the third day of the week and 3060 yuan / ton on the weekend, an overall increase of 2.77%.

The price of raw liquid chlorine is low, the price of methanol is slightly weak, and the cost support is weak. According to the business agency, as of August 13, the methanol price was 2565 yuan / ton, slightly adjusted from 2572 yuan / ton at the beginning of the week; The mainstream ex factory price of liquid chlorine of tank car in Shandong Province is about 900 yuan / ton.

The maintenance of some downstream refrigerant enterprises was completed, the overall load was increased, and the support for chloroform was slightly enhanced.

Analysts of methane chloride data of business society believe that the cost side remains low at the stage. Although the downstream construction has improved, the demand side support will continue to weaken as the hot weather passes, and it is expected that the trichloromethane market will not rise sharply in the later stage.