Trade name: propylene oxide

Latest price (September 22): 17333.33 yuan / ton

On September 22, the propylene oxide market rose, up 3.59% compared with the previous trading day and 3.02% compared with August 22. At present, the price of raw material propylene is mainly stable, and there is a certain support on the cost side. Under the influence of the “double control” policy, some units operate at low load, the market supply is still tight, the new orders of downstream polyether are generally followed up, and the tight balance between market supply and demand continues to support the market.

It is expected that in the short term, the propylene oxide market may be strong.

According to the statistics of business agency, the market of potassium carbonate was stable on September 18. The mainstream ex factory quotation range of domestic industrial grade potassium carbonate was about 7600-8300 yuan / ton (the quotation is for reference only). The quotation is different according to different procurement conditions.

In the near future, the supply of potash fertilizer market is relatively stable, the procurement of downstream factories is not active, the demand is poor, and the market transaction is slow. It is expected that the price of potassium carbonate will mainly fall in the short term, and the long-term market still needs to wait and see. (the above prices are provided by major potassium nitrate manufacturers all over the country and sorted and analyzed by potassium carbonate analysts of business society. They are for reference only. Please contact relevant manufacturers for more price details).

According to the monitoring of business agency, the price of boric acid rose this month. The average price of boric acid was 6966 yuan / ton on September 10 and 6750 yuan / ton on August 31. The average price increased by 216 yuan / ton, or 3.21%, compared with the previous month.

Boric acid market continued to run at a high level this week. The quotation in Tianjin rose significantly this week, mainly due to the continuous shortage of ore sources in addition to market factors, and the manufacturer’s output and sales are in a normal state. Boric acid in Shandong continued the previous trend, and the spot inventory is still in a tight state. Due to the large price fluctuation, the dealer’s price is more flexible, and the price of imported Turkish boric acid is slightly corrected. The price of downstream products is strong, which has a good support for boric acid.

According to the data monitoring of the business agency, the price of boric acid in some enterprises in the near future (for reference only, the actual transaction prices of different brands, different specifications and products are mainly negotiated)

At present, the shortage of boric acid resources in China has led to a rise in prices, which is strongly supported by the cost side. In the short term, the overall market will be dominated by high-level operation, and traders’ transactions are more flexible. In the short term, the market price of boric acid is high and purchased on demand.

According to the bulk list data of business society, as of September 12, the average price of domestic industrial lithium hydroxide enterprises was 144666.67 yuan / ton, up 5.34% compared with Monday, 31.12% compared with August 12, and 63.16% year-on-year in a three-month cycle.

The lithium hydroxide market continued to rise this week. In terms of cost, the price of upstream spodumene is strong, and the price of lithium carbonate continues to rise sharply. From the supply side, the market supply has increased recently, but the spot supply of mainstream manufacturers is still limited. From the demand side, the downstream follow-up is positive and stable. On September 12, the lithium hydroxide commodity index was 344.44, the same as yesterday, down 9.71% from the highest point of 381.48 in the cycle (September 12, 2016), and up 244.44% from the lowest point of 100.00 on September 4, 2014. (Note: the period refers to the period from September 1, 2014 to now)

Upstream lithium carbonate, according to the data monitoring of business society: the price of industrial grade and battery grade lithium carbonate has risen recently. On September 12, the average price of industrial grade lithium carbonate in East China was 134600 yuan / ton, which was 12.92% higher than that at the beginning of the month (the average price of industrial grade lithium carbonate in East China was 119200 yuan / ton on September 1). On September 12, the average price of battery grade lithium carbonate in East China was 141800 yuan / ton, which was 12.90% higher than that at the beginning of the month (the average price of battery grade lithium carbonate in East China was 125600 yuan / ton on September 1).

According to the lithium hydroxide analysts of business society, in general, at present, the price of raw materials is tight, the support is strong, and the tight balance between supply and demand in the spot market continues. It is expected that in the short term, the domestic industrial lithium hydroxide market may be dominated by strong operation, and the specific trend needs to pay more attention to the market interest rate guidance.

Recent price trend of sulfuric acid

As can be seen from the above figure, the market price of sulfuric acid in Shandong this week was temporarily stable, with the quotation of 795.00 yuan / ton, up 103.85% year-on-year compared with the same period last year. Overall, the sulfuric acid market was temporarily stable this week, and the sulfuric acid commodity index was 123.74 on September 10.

The downstream market was boosted and the willingness to purchase was strengthened

From the manufacturer’s quotation, the price of mainstream sulfuric acid manufacturers in Shandong this week is temporarily stable, the manufacturer’s inventory is general, and the downstream demand is good. The quotation of Heze Jiangyuan sulfuric acid at the weekend is 870 yuan / ton, which is temporarily stable compared with that at the beginning of the week; Zouping Tianlu quoted 720 yuan / ton this weekend, which was temporarily stable compared with that at the beginning of the week; Changzhou Qinghong offers 1050 yuan / ton at the weekend, which is temporarily stable compared with the beginning of the week.

From the upstream and downstream industrial chain, the upstream sulfur market has continued to rise recently. The quotation has increased from 1920.00 yuan / ton at the beginning of the week to 1950.00 yuan / ton at the end of the week, an increase of 1.56%, a year-on-year increase of 144.77% compared with the same period last year, and the cost support is good. The downstream bromine market rose slightly. The quotation increased from 42875.00 yuan / ton at the beginning of the week to 43642.86 yuan / ton at the end of the week, an increase of 1.79%, a year-on-year increase of 48.50% compared with the same period last year. The downstream formic acid market rose slightly, and the quotation increased from 5900.00 yuan / ton at the beginning of the week to 6033.33 yuan / ton at the end of the week, an increase of 2.26%. On the whole, the upstream and downstream products had a positive impact on the price of sulfuric acid this week.

Market outlook rose slightly

In the middle of September, the sulfuric acid Market in Shandong Province mainly rose slightly. The upstream sulfur price has continued to rise recently, with good cost support. The downstream bromine market began to stop falling and rise, the downstream formic acid market has increased significantly, the downstream enthusiasm for purchasing sulfuric acid has been strengthened, and the product trend is upward under the contradiction between supply and demand. Sulfuric acid analysts of business society believe that under the influence of supply and demand and raw materials in Shandong market in the short term, the sulfuric acid market may rise slightly.

From September 3 to September 10, 2021, the market price of crude benzene was the main player in Japan. It was 6331 yuan / ton last weekend and 6561 yuan / ton this weekend, with a weekly increase of 3.63%.

On September 10, 2021, Sinopec raised the listing price of pure benzene by 150 yuan / ton. At present, it is 8000 yuan / ton, of which Qilu Petrochemical is 7950 yuan / ton. During the week, the listing price of Sinopec pure benzene rose for three consecutive times, with a cumulative increase of 350 yuan / ton.

On the upstream side, with the support of good fundamentals, the price of pure benzene rose all the way. During the week, the listing price of Sinopec pure benzene rose for three consecutive times, with a cumulative increase of 350 yuan / ton. The trend of downstream styrene was strong in the week, the demand for pure benzene was well supported, the inventory in East China continued to decline, and the market mentality was good. Hydrogenated benzene closely follows the trend of pure benzene and is the main price player this week.

This week’s crude benzene market mainly rose. The bidding price in Shandong this week was 6550 yuan / ton, up 220 yuan / ton from last week. In terms of supply, the environmental protection supervision team has been stationed in Shandong. Affected by environmental protection, the stewing furnace of coke enterprises in some cities in Shandong has stopped production, involving a production capacity of about 10 million tons. At present, the overall operating rate in Shandong is about 30-50%, the regional supply is tight, and the rising mentality of coking enterprises is strong.

In the future, the fundamentals are good. Coking enterprises have certain production restrictions, the supply of crude benzene is tight, and the expectation is strong. It is expected that the price of crude benzene will still maintain a volatile trend in the short term, with a certain upward space.

1、 Price trend

According to the monitoring data of business society, the price of baking soda was adjusted and operated this week. The average market price from the beginning of the week to the end of the week was 2216.67 yuan / ton. On September 9, the commodity index of baking soda was 147.12, unchanged from yesterday, hitting a record high in the cycle, up 66.67% from the lowest point of 88.27 on December 22, 2020. (Note: the period refers to the period from September 1, 2020 to now)

2、 Market analysis

According to the business agency, the price of baking soda is strong, and the downstream market purchases more on demand in the near future. At present, the price of baking soda in Henan is 2150-2250, 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 2150-2300 tons, and the downstream demand is acceptable. It is expected that the price will be strong in the later stage.

Raw materials: according to the monitoring data of business society, the price of soda ash is strong this week. The mainstream market price of light soda ash in East China is about 2350-2450 yuan / ton. The price of soda ash in North China is relatively strong, and the current market price of light soda ash is about 2400-2500 yuan / ton. The price of soda ash in Central China is relatively strong, and the mainstream price of light soda ash is about 2300-2400 yuan / ton. Generally speaking, the short-term high price of soda ash is dominated.

Demand: in the downstream, the demand for baking soda in medicine, textile and food is general in the near future, and the price of baking soda is adjusted in the near future. Business analysts believe that the price of soda upstream is strong, the market trading atmosphere is good, and the manufacturers are mainly active in shipping. In the downstream, the demand for baking soda in medicine, textile and food is generally in the near future. Generally speaking, the price of baking soda is short-term or consolidation operation, and the specific demand depends on the downstream market.

According to the data monitoring of business agency, the price of domestic synthetic rubber fell this week (8.30-9.3). The price of CIS polybutadiene rubber BR9000 was 14120 yuan / ton at the beginning of the week and 13930 yuan / ton at the weekend, with an overall decline of 1.35%; The price of IBB 1502 was 13250 yuan / ton at the beginning of the week and 12908 yuan / ton at the end of the week, with an overall decrease of 2.58%.

This week (August 30-september 3), the domestic synthetic rubber market fell slightly, and the ex factory price of synthetic rubber was reduced by 200 ~ 400 yuan / ton. According to the monitoring of business society, as of September 3, PetroChina Northeast Sales Company Daqing Shunding ex warehouse pricing was 13700 yuan / ton, and Jihua / Fushun 1502 reported 12900 yuan / ton; The merchant’s offer is slightly adjusted within the week and the transaction is negotiated.

This week (8.30-9.3), the price of butadiene fell sharply, styrene rose slightly, and the impact on the cost of CIS butadiene and styrene butadiene rubber was still empty. According to the monitoring of business society, as of September 3, the price of butadiene was 9938 yuan / ton, down 7.10% from 10698 yuan / ton at the beginning of the week; The price of styrene was 8887 yuan / ton, up 2.16% from 8700 yuan / ton at the beginning of the week.

The price of natural rubber fell slightly this week, which was weak as a whole, and it was mainly bad for synthetic rubber. According to the monitoring of business agency, as of September 3, the price of domestic natural rubber was 12525 yuan / ton, down 1.36% from 12697 yuan / ton at the beginning of the week.

Future forecast: business analysts believe that the decline in the price of raw butadiene has an empty impact on synthetic rubber. In addition, the price of natural rubber is low. It is expected that CIS butadiene and styrene butadiene rubber will operate weakly in the short term.

Recent price trend of isooctanol

As can be seen from the above figure, the ex factory price of isooctanol in Shandong this week was temporarily stable. The average ex factory quotation of isooctanol mainstream in Shandong this week was 17366.67 yuan / ton, a year-on-year increase of 145.02% over the same period last year. Overall, the isooctanol market was temporarily stable this week, and the isooctanol commodity index was 127.70 on September 3.

The downstream demand is weakened and the supply of isooctanol is tight

From the manufacturer’s quotation, the ex factory quotation of Shandong mainstream isooctanol manufacturers this week is temporarily stable: Jianlan chemical’s isooctanol unit is shut down for maintenance this week; The price of isooctanol quoted by lihuayi this weekend is 17200 yuan / ton, which is temporarily stable compared with that at the beginning of the week; Hualu Hengsheng offered 17500 yuan / ton of isooctanol this weekend, which was temporarily stable compared with that at the beginning of the week.

From the upstream and downstream industrial chain, the propylene market in the upstream raw material market of isooctanol fell slightly this week. The quotation fell from 7775.82 yuan / ton at the beginning of the week to 7617.57 yuan / ton at the end of the week, down 2.04%, up 6.20% year-on-year compared with the same period last year. The market price of upstream raw materials fell slightly, which had a negative impact on the price of isooctanol due to the impact of supply and demand.

In the downstream market of isooctanol, the ex factory price of DOP fell slightly this week. DOP quotation fell from 14762.50 yuan / ton at the beginning of the week to 14737.50 yuan / ton at the end of the week, an increase of 0.17%, an increase of 110.54% over the same period last year. Downstream DOP prices fell slightly, and downstream customers’ enthusiasm for isooctanol procurement weakened.

Weak demand and bearish outlook

In mid and early September, the market trend of Shandong isooctanol may fluctuate slightly. On the whole, in the recent overhaul of some isooctanol units, the overall operating rate of the isooctanol industry decreased slightly, but the upstream support is limited, the downstream market is general, and the demand is weakened. Therefore, the isooctanol analysts of business society believe that the domestic isooctanol market may fluctuate slightly in the middle and early September.

1、 Price trend

According to the monitoring data of business agency, the price of baking soda was adjusted and operated this week. The average market price at the beginning of the week was 2186.67 yuan / ton, and the average market price on September 6 was 2216.67 yuan / ton, with a price increase of 1.37%. On September 5, the commodity index of baking soda was 145.13, unchanged from yesterday, hitting a record high in the cycle, up 64.42% from the lowest point of 88.27 on December 22, 2020（ Note: period refers to 2020-09-01 to now)

2、 Market analysis

According to the business agency, the price of baking soda is strong, and the demand in the downstream market is good in the near future. At present, the price of baking soda in Henan is 2150-2250, 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 2150-2300 tons, and the downstream demand is acceptable. It is expected that the price will be strong in the later stage.

Raw materials: according to the monitoring data of business agency, the mainstream market price of light soda ash in East China is about 2300-2400 yuan / ton. The price of soda ash in North China is relatively strong, and the mainstream market price of light soda ash is about 2350-2450 yuan / ton. The price of soda ash in Central China is relatively strong, and the current mainstream market price of light soda ash is about 2300-2350 yuan / ton. Generally speaking, the short-term high price of soda ash is dominated. Data show that the overall operating rate of soda ash during the week was 77.27%, 77.58% last week and decreased by 0.31% month on month. The output of soda ash was 549900 tons, a decrease of 2200 tons.

Demand: in the downstream, the recent demand for baking soda from medicine, textile and food is acceptable, and the price of baking soda is strong in the near future. Business analysts believe that the price of soda upstream is strong, the market trading atmosphere is good, and the manufacturers are mainly active in shipping. In the downstream, the demand for baking soda in medicine, textile and food has continued to improve recently. In general, the price of baking soda is short-term or consolidation operation, and the specific demand in the downstream market.