Monthly Archives: August 2020

Liquid ammonia supply increased slightly over the weekend and the market stabilized

This week, the domestic liquid ammonia market remained stable in most regions. Shandong and Hebei regions also ended the rebound, and the price was mainly stabilized. According to the monitoring of the business agency, the increase of liquid ammonia was 0.32% in the week of the 24th, and the mainstream market quotation was 2850-3050 yuan / ton.

 

Melamine

After two consecutive weeks of upward price of liquid ammonia in Shandong, the price has slightly stabilized this week. Before that, the major plants were still in the maintenance period. Most of the liquid ammonia were used by themselves, and a small amount of liquid ammonia was mainly exported. The manufacturer’s inventory pressure was not great, and the enterprise’s quotation continued to rise, with an increase of more than 300 yuan / ton for two consecutive weeks. This week, the manufacturer’s devices returned to normal, the export volume continued to increase, and the ammonia quantity in the region gradually returned to normal, Therefore, the price mainly stabilizes, and the possibility of price callback with the accumulation of inventory can not be ruled out in the later period.

 

In other regions, the price of liquid ammonia in Hebei has remained stable, but the price has slowed down. Affected by the low level of ammonia in Shandong, the amount of ammonia sold by Shandong manufacturers to this region is small, and the amount of ammonia in Hebei remains controllable. Therefore, the price of liquid ammonia in Hebei continues to be firm, and there is still a slight upward trend in some parts, but the range is obviously slowing down. At around 50 yuan / ton, the current market price has already reached a certain level It recovered to the level at the beginning of July. At present, the Cangzhou unit of a plant in Hebei still produces a small amount of liquid ammonia, so the pressure is not big. The amount of liquid ammonia in the region basically maintains a balance between supply and demand, and the current price is 2950-3100 yuan / ton.

 

EDTA 2Na

Looking at the future market, the business agency believes that at the end of the month, most of the liquid ammonia Market stabilized, and the current round of rising market was basically ended. However, it is expected that the ammonia volume will remain moderate in the short term. Therefore, it is expected that the domestic liquid ammonia market will consolidate at a high level in the near future, and the trend of various regions may appear certain differentiation. The market is mainly affected by large plants. With the recovery of devices in Shandong area, the amount of ammonia will gradually accumulate Product, the price may be subject to certain restrictions. From the demand side, the downstream still maintains rational and rigid demand. Although urea has winter storage, the social inventory is still high and the price support is limited. As far as the downstream fertilizer market is concerned, it is still in the autumn fertilizer production and sales peak season, and the operating rate is expected to remain stable and high. For example, the export price of diammonium phosphate continues to rise, and the delivery form of compound fertilizer will continue to improve. However, due to the influence of overseas epidemic situation, the export volume may not be greatly improved, and it is still driven by domestic rigid demand. Therefore, the price of liquid ammonia will maintain range fluctuation due to the influence of supply and demand.

EDTA

Soda ash inventory declines and price rises sharply

1、 Price trend

 

Chitosan oligosaccharide

According to the monitoring data of business agency, the price of domestic soda ash has risen sharply. The average market price in East China was 1416.67 yuan / ton at the beginning of the week and 1633.33 yuan / ton at the weekend. This week, the price rose by 15.29%, 25.64% compared with the beginning of the month and 5.41% lower than the same period last year. The commodity index of light soda ash on August 27 was 76.41, up 1.71 points compared with yesterday, 35.17% lower than 117.86 points (2017-11-21), and 21.00% higher than the lowest point of 63.15 points on November 18, 2015. (Note: period refers to 2011-09-01 to now)

 

2、 Market analysis

 

According to the instructions of the light soda Association, the price of light soda increased by RMB 200 / T in a week according to the spirit of the light soda Association. This week, the trend of domestic soda ash market is relatively strong, and the price of enterprises has increased greatly. The market atmosphere is flat, downstream demand has improved, and manufacturers are mainly active in shipping. Second, domestic soda ash inventory declined. According to statistics, the total inventory of domestic soda manufacturers was 842100 tons, down 90400 tons month on month. From the supply side, affected by natural disasters and other factors, the number of maintenance enterprises has increased recently. The domestic total operating rate is about 70%.

 

The price of domestic soda ash rose, and the downstream demand improved, but the overall situation showed a wait-and-see situation. The following figure shows the regional price quotation of light soda ash.

 

Regional price (yuan / ton)

North China 1600-1700 + 200

East China 1500-1650 + 200

Huazhong 1550-1650 + 200

Raw materials: the atmosphere of raw salt market in China is stable, and the prices in some regions have been raised. From the current understanding, the main production areas of sea salt supply performance is adequate. Some areas of supply and demand in well and mineral salt production areas have improved. The northern region has sufficient supply of goods, while the southern region is affected by heavy rainfall, and some salt enterprises are limited to start operation, and the price fluctuates slightly. The overall atmosphere of raw salt delivery is wait-and-see, and the market transaction is slightly cautious.

 

Azodicarbonamide (AC foaming Agent)

In terms of demand: the overall trend of domestic float glass market is stable and slightly upward, with slight differences in different regions. In the Shahe area of North China, manufacturers have no pressure on inventory, and the willingness of manufacturers to support prices is relatively strong. The market turnover in East China is good and stable. The quotation of some manufacturers has been increased by 0.2-0.3 yuan / m2, while other manufacturers are mainly stable. The overall trend of the spot glass market in South China was general, and some manufacturers’ quotations rose slightly, about 0.3 yuan / m2, to boost market confidence. The transaction price in Central China is flexible. The market transaction prices in southwest, northwest and Northeast China are mainly stable.

 

According to the price monitoring of the business agency, in the 33rd week (8.17-8.21) of 2020, there are 3 kinds of commodities rising, 1 kind of falling commodity and 1 kind of 0 commodity. The main commodities that rose were light soda ash (2.41%), PVC (2.21%) and calcium carbide (0.86%); the main commodities falling were hydrochloric acid (- 1.49%). This week, all rose or fell 0.8%.

 

However, analysts believe that the overall demand of soda enterprises in the downstream market is still strong. According to the statistics, the total inventory of domestic soda ash manufacturers is 842100 tons, and the total inventory of domestic soda ash is still at a high level. All enterprises adjust their prices according to their own conditions. It is estimated that after this round of price increase, the price of soda ash will tend to be rational and fluctuate slightly.

Melamine

Polyoxymethylene price rises in China this week (8.24-8.28)

1、 Market price trend chart of paraformaldehyde

 

ferric sulfate (Poly ferric sulphate)

Polyoxymethylene price curve

 

According to the monitoring of the business agency, at the beginning of this week, the average price of Polyoxymethylene (96) in Shandong Province was 4400 yuan / ton, and the average price at weekend was 4433 yuan / ton, up 0.76%.

 

2、 Market analysis

 

Shandong aldehyde Chemical Industry Co., Ltd., with an annual output of 30000 tons of paraformaldehyde, Polyoxymethylene (96) ex factory, including tax, quoted 4600 yuan / ton, which was the same as last week. Linyi Shengyang Chemical Co., Ltd., with an annual output of 9000 tons of paraformaldehyde, Polyoxymethylene (96) ex factory, including tax, quoted 4100 yuan / ton, which was the same as last week. Zibo Qixing Chemical Technology Co., Ltd., with an annual output of 10000 tons of paraformaldehyde, Polyoxymethylene (96) ex factory, including tax, quoted 4600 yuan / ton, which was 100 yuan / ton higher than last week. The price of paraformaldehyde is generally stable and partially adjusted. Paraformaldehyde is still in general.

 

According to the price monitoring of the upstream methanol, the methanol price dropped slightly this week, which suppressed the poly price.

 

3、 Future forecast

 

Raw material methanol market weak, business community paraformaldehyde analysts believe: polyoxymethylene price will be reduced.

Benzalkonium chloride

DOP prices fall this week

Price trend

 

povidone Iodine

According to the business agency data monitoring shows that this week, plasticizer DOP market weakened, price shocks fell. As of August 31, the DOP price was 6966.67 yuan / ton, down 0.48% from the previous weekend (August 23) of 7000.00 yuan / ton, and 5.43% lower than that of last year.

 

Upstream market of industrial chain

 

As can be seen from the phthalic anhydride trend chart, this week, DOP raw material phthalic anhydride market hit the bottom and rebounded, phthalic anhydride price rose slightly, with an increase of 0.99%, DOP cost rose and DOP rising momentum increased.

 

As can be seen from the octanol price trend chart, the octanol market fell in August, and the octanol market continued its downward trend this week. The octanol price fluctuated and fell by 1.18%. The cost of DOP decreased and the pressure of DOP decline increased.

 

Sodium Molybdate

Downstream market of industrial chain

 

It can be seen from the PVC price trend chart that in August, the PVC price rose slightly, and the PVC market recovered; this week, the PVC price fluctuated slightly, the PVC market weakened, the plasticizer DOP rising power weakened, and the downward pressure increased.

 

Market review and future expectation

 

According to Bai Jiaxin, DOP data analyst of business agency, this week, DOP raw material prices have been adjusted, phthalic anhydride prices have hit the bottom and risen slightly, octanol prices have dropped slightly, and the overall DOP cost has remained stable; on the downstream side, the PVC market has fallen slightly, the PVC price has fallen slightly, the upward momentum of DOP has weakened, and the downward pressure has increased. Generally speaking, DOP market has great downward pressure and weak upward momentum. Looking at the future market, “Jinjiu” is coming. PVC market has a strong upward momentum, which is good for DOP market. In terms of raw materials, DOP cost is stable, and DOP negative pressure is small. It is expected that the future market of DOP will recover.

http://www.lubonchem.com/

China’s domestic rare earth market price falls this week (8.24-8.28)

This week, the domestic rare earth market price trend declined, heavy rare earth price fell back, light rare earth market price corresponding callback. According to the rare earth plate index of business society, the rare earth index on August 28 was 378 points, 1 point lower than yesterday, 62.20% lower than the cycle high point 1000 (2011-12-06), and 39.48% higher than 271 point, the lowest point on September 13, 2015. (Note: period refers to 2011-12-01 to now).

 

Chitosan oligosaccharide

As of the end of the week, the price of praseodymium and neodymium oxide in China was 341000 yuan / ton, down 2.43% from 349500 yuan / ton at the beginning of the week; the price of praseodymium and neodymium alloy was 436500 yuan / ton, 1.58% lower than 4435000 yuan / ton at the beginning of the week; the price of neodymium oxide was 362500 yuan / ton, down 0.55% from 364500 yuan / ton at the beginning of the week; the price of metal neodymium was 459500 yuan / ton, which was stable this week The price of praseodymium was 330500 yuan / ton, down 2.07% from 337500 yuan / ton at the beginning of the week; the price trend of praseodymium metal was stable this week.

 

In recent years, the domestic light rare earth industry is mainly due to the negative downstream procurement, strong wait-and-see attitude, reduced trading volume, loss of support for manufacturers’ prices, some prices in the light rare earth market began to fall, and the price trend of other products was mainly stable. Recently, the demand and stock situation of permanent magnet manufacturers was general, the price of praseodymium and neodymium rare earth was mainly stable, and the market price of light rare earth was still at a low level. In addition, due to the impact of the epidemic, the import volume of overseas rare earth ores has dropped sharply, and the waste recycling and monazite raw materials have decreased, resulting in the decline of domestic rare earth smelting production. In addition, the downstream stock has been stopped for some time ago, and the domestic market price of light rare earth has begun to fall.

 

This week, the price trend of domestic direct family declined. As of the end of the week, the price of dysprosium oxide was 1.8 million yuan / ton, and the price trend of this week was down 0.28%; the price of dysprosium ferroalloy was 1.78 million yuan / ton, which was temporarily stable this week. Although the proportion of medium and heavy rare earth in the domestic rare earth collection and storage plan is large, it is expected to have a great impact on the supply and demand and price of medium and heavy rare earth, but the information of collection and storage is uncertain Myanmar’s customs clearance still has a tightening impact on domestic import and supply of medium and heavy rare earths. However, the downstream demand is not positive in recent years, and the market price of heavy rare earth has fallen back. In recent years, the market is general, heavy rare earth prices remain high, downstream demand has not significantly improved, heavy rare earth market prices slightly lower.

 

EDTA 2Na

The Ministry of industry and information technology issued the notice on the docking and implementation of preferential policies for rare earth industry. According to the notice, the rare earth office entrusted China Nonferrous Metals Industry Association and China Rare Earth Industry Association to sort out and summarize the policy documents suitable for the application of rare earth enterprises, and formed a collection of supporting policies for the resumption of work and production of rare earth industry. Favorable policies support the development of rare earth industry. Meanwhile, Sino US relations are tense. Key products of rare earth trade between China and the United States are of great significance. The national policy is conducive to the balance of supply and demand in the rare earth industry. Recently, the supply of rare earth market is normal, and the demand has declined compared with the previous period. The domestic rare earth price fell this week.

 

Recently, the domestic demand for rare earths has fallen down compared with the previous period. In addition, the downstream procurement is not active and the wait-and-see attitude is strong. Analysts from the business agency predict that the market price of rare earth will decline in the future.

EDTA

Precious metal prices rose slightly on August 28

According to the data of business agency, the spot price of gold on August 28 was 416.33 yuan / g, a decrease of 2.19%%, compared with the average price of 425.66 yuan / G on the spot market of buyers · 1 day in 1998; the spot price of gold was 342.54 yuan / g at the beginning of the year (01.01), up 21.54%; compared with the valley value of the year (3.19), the spot price of gold was 331.75 yuan / g, up 25.50%; compared with the peak value of the year (8.7), the spot price of silver was 4.4% 48 yuan / g, down 7.07%.

Azodicarbonamide (AC foaming Agent)

 

On August 28, the average price of silver market was 5946.33 yuan / kg, an increase of 8.02%%, compared with the average price of 5504.33 yuan / kg in the early trading of spot market on August 28; compared with the spot price of silver at the beginning of the year (01.01), 4281.67 yuan / kg, up 33.33%; compared with the valley value (3.19), the spot price of silver was 2942.67 yuan / kilogram, up 102.07%; compared with the peak value (8.11) of the year, the spot price of silver decreased by 1.1% 1.36%。

 

On August 28, the benchmark quotation of Shanghai gold (gold ingot with standard weight of 1kg and fineness of no less than 99.99%) was 417.68 yuan / g in midday trading on Shanghai gold exchange. Compared with 416.12 yuan / g in early trading, the benchmark price was increased by 1.56 yuan / g.

 

On August 28th, the benchmark quotation of Shanghai silver (15kg standard weight and 99.99% purity silver ingot) in Shanghai gold exchange was 5973 yuan / kg in midday trading, and was increased by 32 yuan / kg from 5941 yuan / kg in the early trading.

 

ferric sulfate (Poly ferric sulphate)

Influencing factors of recent news

 

1. Fed policy

 

At 21:10 Beijing time on Thursday, the Federal Reserve issued a revised statement of its long-term goals. Fed chairman Colin Powell said the Fed’s inflation target is now 2%. The Fed did not provide a formula to define an average 2% inflation rate. Powell said the Fed’s new strategy was “a flexible form of targeting average inflation.”.

 

Generally speaking, when the inflation rate is more than 2%, the possibility of the Federal Reserve to raise interest rates will decrease. For the first time, domestic precious metal futures will rise sharply in the night trading, and then the funds will take profits and plunge sharply.

 

2. Sino US Geopolitics

 

On August 25, China protested that the US reconnaissance plane broke into the restricted area for military exercises. On the 26th, China launched four medium range missiles into the Xisha sea area of the South China Sea. The US side subsequently sanctioned 24 Chinese enterprises involved in the South China Sea, and the military also made a strong voice. On the 27th, China protested that the US warships had broken into Xisha territorial waters on the same day.

Melamine

Brief introduction of ethylene oxide in August

The price of ethylene oxide has been adjusted many times this month. Taking the mainstream East China as an example, the ex factory price of ethylene oxide including tax at the beginning of the month was 6600 yuan / ton, and it was increased to 7200 yuan / ton at the end of the month, with an increase of 9.09%.

 

At the beginning of the month, CFR Northeast Asia market price was 800 US dollars / ton, today’s price was 720 US dollars / ton, a decrease of 10%. The cost support is weak, and EO profit space is increased. Ethylene glycol inventory process is good, the price of large stable small rise. With the advent of the downstream unit bottom price, manufacturers’ inventory is low, and low-cost procurement is started. The supply and demand situation is conducive to the market recovery. Driven by the expected steady growth of downstream demand, and the maintenance of about 400000 tons of ethylene oxide plant at the end of this month, the regional shortage of goods has intensified.

 

 

Under the multi space game, the rising market of ethylene oxide was established, and the price showed a continuous growth trend.

 

Digest the increase and maintain stability in the short term.

Benzalkonium chloride

Polyester filament price is expected to continue to rise

According to the price monitoring of the business agency, the overall market price of polyester filament showed an upward trend in August, among which the most obvious increase was polyester POY. As of August 28, the average market price of polyester POY (150D / 48F) was 5314 yuan / ton, up 3.84% compared with the beginning of the month, and decreased by 31.40% year-on-year.

 

povidone Iodine

Average price rise and fall of polyester filament Market in August, unit: yuan / ton

 

Products up and down from August 20, 2020 to August 28, 2020

Polyester POY (150D / 48F) 5117 5314 3.84% – 31.40%

Polyester FDY (150D / 96F) 5656 5815 2.80% – 27.13%

Polyester DTY (150D / 48F low elasticity) 6657 6732 1.13% – 26.61%

In August, due to the rising international crude oil price, raw material PTA operating rate decline, and good cost, polyester prices rose. However, due to the low-season demand, the inventory pressure increased. In the middle of the year, the mainstream large polyester filament manufacturers began to promote their sales, and the downstream and traders took advantage of low prices to make up their positions. According to statistics, up to now, the average production and sales of mainstream large factories are 40% – 60%, and the production and sales of some promotional factories can reach 200%, and the inventory pressure of factories is slightly relieved. The overall inventory of polyester market is concentrated in 33-41 days, among which POY inventory is 11-17 days, FDY inventory is around 22-33 days, and DTY inventory is about 30-41 days.

 

Recent changes of PTA plant in China

 

Production enterprise unit capacity (10000 tons / year) unit operation status

Huabin Petrochemical 140 starts to reduce the load by 50% on August 25, 2020, with a plan of about 15 days

Yangzi Petrochemical 65 will be overhauled on August 6, 2020, restarted on August 21, and discharged on August 22

Hailun Petrochemical 120: August 2, 2020, overhaul for 1 month

Ningbo Taihua 120 will be overhauled on August 3, 2020, restarted on August 20, and qualified products will be produced on August 22

Yadong Petrochemical Co., Ltd. will stop short in the evening of August 24, 2020, and heat up and feed on August 27, 2020, and qualified products have been produced

Livan polyester 70 will be shut down on April 30, 2020, to be restarted

Hanbang Petrochemical will stop for maintenance on May 9, 2020, and restart to be determined

220. The load will be reduced by 50% on August 6, 2020, and restored on August 7. The unit will be shut down for two days on August 27

Honggang Petrochemical Co., Ltd. will stop short on August 10, 2020 and restart on August 17, 2020

Tianjin Petrochemical Company will shut down for maintenance on April 17, 2020, and restart to be determined

Luoyang Petrochemical Company will start maintenance for 27 days at the end of July 2020

Pengwei Petrochemical 90 will be shut down for maintenance on March 9, 2020, and restart to be determined

Fuhai Chuang 450 will reduce the load by about 70% on August 12, 2020, return to 90% on August 18, and full load on August 20

Jialong petrochemical company shut down for maintenance on August 2, 2019, restart time to be determined

PTA price in raw material market was adjusted by shock. As of August 28, the average market price was 3574 yuan / ton, up 0.1% compared with the beginning of the month, and decreased by 31.69% year on year. In August, PTA price has a significant impact on the supply side fluctuation. Since the beginning of the month, PTA plant began to be overhauled, mainly involving Ningbo Taihua, hailun petrochemical, Honggang petrochemical, Yangzi Petrochemical, etc. at the same time, fuhaichuang and Huabin Petrochemical also successively reduced the load, and the operating load of PTA industry dropped to around 82% within the month. However, with the negative impact of the restart of Ningbo Taihua and Yangzi petrochemical plants, the price began to weaken. Near the end of the month, some PTA units stopped short, the production and sales of polyester plants recovered periodically, and the hurricane made a certain upward boost to crude oil. PTA rebounded slightly. However, the market’s worries about terminal demand did not fade, and under the pressure of PTA social inventory, it finally showed a weak state.

 

Sodium Molybdate

At the end of the month, affected by the preferential promotion of raw materials, downstream textile enterprises appropriately replenished their goods on demand, and local transactions were hot. At the same time, with the coming of the “golden nine silver ten” textile sales season, the overall orders of traditional textile market have increased significantly in recent years. The listed varieties of garment lining and bag lining auxiliary materials with polyester filament as the main raw material in the traditional market of China Light and textile city have increased, the number of fabric proofing in autumn and winter continues to increase slightly, and the number of orders increased. Domestic trade orders and foreign trade orders have improved. In terms of foreign trade orders, orders from Europe and the Middle East still account for a relatively large proportion. Textile market ushered in a period of warming market, loom operating load increased to 65%. The production of China’s textile industry recovered steadily, and the decline rate narrowed month by month. According to the data of the National Bureau of statistics, from January to July, the industrial added value of textile industry above Designated Size in China decreased by 6.1% year-on-year, 0.6 percentage points lower than that in January June.

 

From the perspective of textile and clothing retail, the total retail sales of textile and clothing reached 88.9 billion yuan in July, down 2.5% compared with the same period last year. From January to July, China’s total retail sales of textile and clothing exceeded 595.9 billion yuan, down 17.5% year-on-year. In terms of export, according to the latest statistics of the General Administration of Customs of China, in July 2020, China’s textile and clothing export volume was 31.294 billion US dollars, a month on month increase of 7.79%. Among them, the export volume of textiles (including textile yarn, fabrics and products) was 15.976.9 billion US dollars, down 1.11% month on month; the export volume of clothing (including clothing and clothing accessories) was 15.3175 billion US dollars, an increase of 18.97% on a month on month basis. From January to July, China’s textile and clothing exports amounted to 156.482 billion US dollars, an increase of 5.57% over the same period of last year, of which the cumulative export of textiles was US $90.080.4 billion, with a year-on-year increase of 31.25%; and that of clothing was 66.402 billion US dollars, a year-on-year decrease of 16.58%.

Xia Ting, an analyst at the business club, believes that whether the demand side continues to pick up remains to be seen. At present, the loom operating load is at a low point in the same period in recent years, and the grey cloth inventory in Shengze area of Jiangsu Province is still at a historical high of about 45 days. At the same time, the textile enterprises at the end of the industrial chain are affected by the high inventory of finished products and the prolonged sales collection cycle, resulting in increased capital pressure. In addition, the export resistance of textile and clothing in overseas market is larger. In the short term, the periodic recovery of the current demand side will boost the confidence of the textile market. With the advent of the “golden nine silver decade”, it will be further improved. Therefore, the price of polyester filament in September is likely to remain volatile and upward.

http://www.lubonchem.com/

Supply over demand continued, acetic acid market performance weak

According to the monitoring of the bulk data of the business agency, the domestic acetic acid market continued to weaken. As of August 27, the average price of acetic acid in East China was about 2360 yuan / ton, down 10.38% from 2633 yuan / ton at the beginning of the month. At present, there are 2300-2400 yuan / ton in Shandong, 2250-2350 yuan / ton in Jiangsu, 2400-2500 yuan / ton in Zhejiang, 2150-2200 yuan / ton in Henan, 2400-2500 yuan / ton in Hebei and 2000 yuan / ton in Northwest China.

 

Chitosan oligosaccharide

Unit capacity (10000 t / a) unit output (T / D)

Yankuang Guotai 110.2000

Hualu Hengsheng 50.8.5 maintenance for 25 days

Yangtze BP 50 1300

Jiangsu Sopu 120.3000

Celanese 1200 2000

Jiantao, Hebei, 50.1400

Tianjin Bohua 35 700

Henan Shunda 40.1400

Henan Longyu 50.1500

Henan Yima 25 parking

Shaanxi Yanchang 30.1000

Shanghai Huayi 70.1800

Anhui Huayi 50.1300

Dalian Hengli 35.1100

At present, the overall domestic acetic acid operation is stable, the spot supply is sufficient, and the downstream market demand is flat, which leads to the situation that the supply exceeds the demand in the industry, and the enterprises are forced to sell by bidding, and the trade atmosphere in the industry continues to be cold. Enterprises mainly pay attention to the delivery of contract orders. Although the inventory of some enterprises decreases slightly, the overall inventory of the industry is still at a high level.

EDTA 2Na

 

In terms of the upstream market, the methanol market continued to decline, and the downstream market’s intention to receive goods was flat. Although some enterprises successively issued maintenance plans, they did not have a substantial positive impact on the market. At present, it is about 1615 yuan / ton. In terms of downstream, the downstream industries of acetic acid, such as vinyl acetate and acetate, are running weakly and stably. The demand of downstream market is low. Enterprises mainly digest inventory, and the atmosphere of bearish in the industry is obvious.

 

In recent years, the international acetic acid market has mostly maintained a weak and stable operation, among which the Asian acetic acid market quotation is about 280-320 US dollars / ton; the European market is about 530 euro / ton; the North American market is about 440 US dollars / ton.

 

Acetic acid analysts of the business club believe that at present, domestic acetic acid enterprises mainly focus on digesting contracts, and there is not enough new orders. As Hualu Hengsheng resumes production in the near future, the supply in the industry will be further improved, and the situation of supply exceeding demand will be intensified. It is expected that the domestic acetic acid enterprises will operate in a weak situation in the short term.

EDTA

China’s domestic PC market price is stable and rising, demand is general

According to the data monitored by the business agency, as of August 27, the comprehensive price of PC market was 14233.33 yuan / ton, and the price of domestic PC market was up, and the overall atmosphere was fair. Compared with the same period last week, the price of PC increased by 1.91% and 4.4% compared with that of the same period last month. In the last month, it showed a trend of going up.

 

Azodicarbonamide (AC foaming Agent)

The domestic PC market has a strong bullish atmosphere, high negotiation atmosphere and general demand. It mainly needs to purchase on demand, and most of them wait and see. At present, the price of East China market is 13500-15050 yuan / ton, and the middle and high-end price is 15000-16000 yuan / ton. The overall atmosphere of PC is good, and it may continue to rise in the short term. The latest price of the enterprise is 13700 yuan / ton of Luxi Chemical, 14000 yuan / ton of Lihua yiweiyuan, and 15000 yuan / ton of Shanghai Kesi.

 

The upstream bisphenol market price trend is weak, the transaction atmosphere is not good, and the negotiation atmosphere is cold. The reference price of the East China market is around 9800-9850 yuan / ton, and the profits are mainly sold by single.

 

On August 26, the rubber and plastic index was 635 points, up 3 points compared with yesterday, 40.09% lower than 1060 (2012-03-14), and 20.27% higher than the lowest point of 528 on April 06, 2020. (Note: period refers to 2011-12-01 to now)

 

Business agency PC analysts believe: the PC market is expected to maintain an upward trend in the short term. (the above prices are provided by major PC manufacturers all over the country and analyzed by business PC analysts for reference only. Please contact relevant manufacturers for more price details.)

Melamine