According to statistics, the trend of domestic p-xylene ex factory price was temporarily stable this week, with an average price of 4300 yuan / ton at the weekend, which was temporarily stable compared with the price of 4300 yuan / ton at the beginning of the week, with a year-on-year decrease of 36.76%.

The domestic PX operating rate is about 60%. The operation of Hongrun 600000 ton new unit is stable, Huizhou refining and chemical plant is stable, fuhaichuang plant is on the first line, Pengzhou petrochemical plant is running stably, Yangzi Petrochemical PX unit is running normally, Jinling Petrochemical plant is running smoothly, Qingdao Lidong unit is operating at full load, Qilu Petrochemical plant is running stably The start-up of Urumqi petrochemical plant is about 50%, and Hainan refining and Chemical Co., Ltd. has started a production line. Hengli petrochemical plant is in normal operation, the domestic p-xylene supply is normal, and the domestic p-xylene market price trend is temporarily stable. This week, the operating rate of PX plant in Asia is about 70%, and the supply of PX goods is sufficient in Asia. This week, the price trend of PX external market rose slightly. As of the end of the week, the closing price of PX market in Asia was 517-519 USD / T FOB Korea and 535-537 USD / T CFR China. This week, the trend of PX external price rose. More than 40% of domestic products need to be imported, and the closing price of PX external market went The price trend of domestic PX market is stable temporarily.

The U.S. WTI crude oil futures market rose this week. As of the 12th, the settlement price of the main contract in the US WTI crude oil futures market was at $40.29/barrel, and the settlement price of the main contract in Brent crude oil futures market was at $42.40/barrel. The oil price soared on Monday, making the largest one-day increase in nearly five months. The main reason is that Pfizer announced that its new crown vaccine had made a major breakthrough The company says its vaccine can prevent 90 percent of infections. In addition, Saudi Arabia’s energy minister said at the meeting on Monday that if OPEC + reached an agreement, the production reduction agreement may be adjusted. The news also pushed up the oil price, and the international crude oil price trend rose, which was a good support for domestic petrochemical products, and the domestic p-xylene market price trend was temporarily stable.

The price trend of downstream PTA market rose this week. As of the end of the weekend, the price of PTA Market in East China was about 3250-3300 yuan. Recently, PTA downstream orders were OK. PTA enterprises had good production enthusiasm and did not have large-scale maintenance. As of November 12, the operating load of domestic PTA production enterprises was 86.14%, which was at the normal level. Recently, in addition to the long-term shutdown of domestic maintenance devices, the 3.75 million tons / year unit of Dalian Yisheng was shut down at the beginning of November. It is expected to stop for two weeks. The 1 million tons unit of Sichuan energy investment, the 750000 tons of Yadong petrochemical and the 350000 tons of Yangzi Petrochemical began to shut down in the first ten days of November. However, Yizheng Chemical fiber 650000 tons of plant recently restart, Sino Thai chemical plant will also restart. Inventory is still on the high side. On the whole, domestic PTA supply is stable, and the price in the floor market is driven up by crude oil price, but the downstream demand is delayed and affected by overseas order backflow. At present, the domestic textile industry is in general performance, so the upstream PX price trend is mainly stable.

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

Chen Ling, PX analyst of business agency, believes that the recent trend of crude oil price has changed greatly. In addition, the operating rate of downstream textile enterprises is general, PTA market price trend is rising, and domestic PX market supply is normal. It is expected that the PX market price will remain stable next week.

According to the monitoring of business agency, the price trend of domestic anhydrous hydrofluoric acid rose slightly this week. As of the end of the week, the market price of hydrofluoric acid was 8355 yuan / ton, which was 0.06% higher than the price of 8350 yuan / ton at the beginning of the week, with a year-on-year decrease of 12.97%.

Recently, the domestic hydrofluoric acid price trend has been stable and slightly increased. Up to now, the mainstream price of hydrofluoric acid in various regions of China is 7700-8400 yuan / ton. The domestic hydrofluoric acid trading market is mainly stable, and the negative factors for maintaining low hydrofluoric acid price include the following aspects:

First, the market price of hydrofluoric acid raw material fluorite remained low. As of the end of the week, the domestic fluorite price was 2616.67 yuan / ton. In recent years, the domestic spot supply of fluorite was sufficient, and the on-site shipment was not positive, so the price of fluorite remained low. By the end of the weekend, the mainstream of domestic fluorite negotiations was 2500-2700 yuan / ton. The low price of fluorite in the market was a negative effect on the hydrofluoric acid market, and the domestic hydrofluoric acid market price did not change much.

Second: the domestic refrigerant market is low this week. The sales market of the automobile industry is not good recently. The demand for the refrigerant is still weak. The market is hard to find. The trend of the refrigerant industry is general. The prices of various types of refrigerants continue to be low. Manufacturers are under pressure to ship, and the sales pressure is increasing. The raw material hydrofluoric acid maintains a weak stability, the support force is general, and the refrigerant export volume is expected The output of downstream air conditioning is low, and the demand is scarce. The off-season effect of after-sales market continues, and the price reduction shipment is looking for good. On the whole, the refrigerant market is hard to find good factors, the price continues to be low or will become normal, and the transaction center of gravity remains low. At present, the load of refrigerant R22 manufacturers is not high, the inventory is in a reasonable range, and the market price remains at a low level. However, the downstream receiving capacity is limited, and there is a lot of wait-and-see mood. The actual transaction center of gravity is low. Some traders are looking for positive shipment, and the quotation is slightly lower than the manufacturer’s ex factory price. There is a phenomenon of cost inversion. The mainstream of on-site negotiation is 12500-15000 yuan / ton of water Ping. The domestic R134a market trend is stable temporarily, but the automobile market industry continues to be depressed, and the transaction atmosphere is light. There are plenty of goods in the market, and there are new production capacity coming into the market in the future market. The competition is fierce. The supply side gradually forms a negative situation. The price is depressed and the downstream demand is not improved. The price trend of hydrofluoric acid market remains low.

Third, the domestic hydrofluoric acid spot supply is normal, the hydrofluoric acid plant is running stably, and the hydrofluoric acid market price remains low. So far, the mainstream hydrofluoric acid negotiation in the southern region is 7700-8200 yuan / ton, and the hydrofluoric acid price in the northern market is 7700-8500 yuan / ton. Recently, the price trend of domestic hydrofluoric acid market has not changed a lot. Some manufacturers report that hydrofluoric acid exists in the cracks, most of them have serious losses, and the stock market is still poor.

On the whole, affected by various negative factors, the domestic hydrofluoric acid market price remains low. In addition, the demand for downstream refrigerant industry has not improved significantly, the upstream fluorite price remains low, and the downstream refrigerant product price is not improved. Chen Ling, an analyst of hydrofluoric acid in the business agency, believes that the market price of hydrofluoric acid may fluctuate.

1、 Price trend

According to the monitoring data of the business agency, the average ex factory price of ammonium sulfate in China on November 9 was 568 yuan / ton, while that on November 13 was 560 yuan / ton. The price fell by 1.47% this week.

2、 Market analysis

The price of ammonium sulfate fell slightly this week. Coking grade ammonium sulfate slightly adjusted, internal grade ammonium sulfate Market is strong. By the end of the week, the mainstream ex factory quotations of ammonium sulfate in Henan Province were 520-580 yuan / ton, 500-550 yuan / ton in Hebei Province, 540-570 yuan / ton in Shandong Province, 460-500 yuan / ton in Shanxi Province and 520-630 yuan / ton in Northeast China.

This week, the downstream compound fertilizer market is stable and small. Compound fertilizer raw material high-level operation, cost support is favorable, the main early orders. At present, the demand for ammonium sulfate is weak and there is no obvious improvement. The market is mainly a wait-and-see attitude.

3、 Future forecast

Business Club ammonium sulfate analysts believe that the current coking grade ammonium sulfate operating rate is high, the downstream demand is limited, the market is not warm. The demand of ammonium sulfate in Hexi is stable, and the downstream is mainly purchased on demand. It is expected that the coking grade ammonium sulfate will run weakly and stably in the short term, and the internal grade ammonium sulfate will mainly vibrate in the range.

1、 Domestic sodium pyrosulfite price trend chart

According to the monitoring of the business agency, the domestic sodium metabisulfite price remained stable this week, with an average price of 1750.00 yuan / ton at the beginning of the week and 1750.00 yuan / ton at the weekend, with a rise and fall range of 0.

2、 Market analysis

In November, affected by the fall of upstream raw material cost, some manufacturers slightly reduced the ex factory price of sodium metabisulfite, while the domestic market price of sodium metabisulfite fell slightly. This week, the overall market performance of sodium metabisulfite market was stable. The market price range of industrial grade sodium pyrosulfite was 1650-1800 yuan / ton, and most prices were concentrated in 1700-1750 yuan / ton. The production of the enterprise is stable, and the inventory is maintained at about 30%. The enterprise mainly completes the orders of old customers, but the increase of new orders is limited. (the above prices all refer to the external quotation of domestic mainstream enterprises, and some unreported enterprises are not included in the scope temporarily. The prices are for reference only and have nothing to do with the final pricing of manufacturers. Please contact all manufacturers for details.).

Since November, the price of domestic soda ash has been reduced by 0.89%, the price of sulfur has increased by 1.06%, the overall high level of raw material cost of sodium metabisulfite has been reduced slightly, the price of upstream products has fallen down, and the market price of sodium pyrosulfite has been adjusted with a small margin of cost.

3、 Future forecast

Business agency analysts believe that, affected by cost factors, the domestic sodium metabisulfite market price will continue to move steadily after a small decline. In the short term, with the support of demand, the price of sodium metabisulfite will continue to move forward steadily.

1、 Price trend

According to commodity data monitoring, isopropanol prices rose this week. The average price of isopropanol in China was 8133.33 yuan / ton at the end of last week and 8600 yuan / ton this weekend. The price of isopropanol increased by 5.74% during the week.

2、 Market analysis

Chart: comparison of acetone and isopropanol price trend from August to November

Domestic isopropanol prices rose this week. Isopropanol closed sharply, the international market of isopropanol in Europe was stable. The price of acetone in the domestic market rose sharply, followed by isopropanol. Up to now, the negotiation range of isopropanol in Shandong Province is about 8300-8500 yuan / ton, and that of Jiangsu Province is 8500-8800 yuan / ton. Zhejiang isopropanol negotiation range is around 8500 yuan / ton. In terms of demand, although the export advantage has weakened, the current export situation is relatively stable. Domestic market demand is general, many manufacturers do not quote, prices return to high, downstream users mainly wait and see, who use who take.

In terms of raw materials, according to the monitoring of bulk commodity data, acetone prices rose this week. At the end of last week, the average price of acetone in China was 7100 yuan / ton, while that of this weekend was 7700 yuan / ton. During the week, the price was increased by 8.45%. At present, the acetone market has a big rise, which strongly supports isopropanol, and the price of isopropanol will rise accordingly.

In terms of propylene, the market price of propylene in Shandong increased slightly this week. At present, the market turnover is between 6750-7200 yuan / ton, and the mainstream price is about 6850 yuan / ton. At present, the inventory of manufacturers is controllable, and the shipment situation is still ideal. It has strong support for isopropanol.

3、 Future forecast

According to isopropanol analysts of the chemical branch of business club, the market price of raw material acetone rose sharply, the market price of propylene increased slightly, the cost support was strong, and the price of isopropanol was increased. In terms of demand, although the export advantage has weakened, the current export situation is relatively stable. Domestic market demand is general, many manufacturers do not offer. It is expected that in the short term, isopropanol prices will mainly run at a high level, and follow-up attention will be paid to the changes in the news.

1、 Price trend

According to the data from the business club’s bulk list, the domestic propylene (Shandong) market price fell slightly this week and then recovered and stabilized, with 6868 yuan / ton at the beginning of the week, 6992 yuan / ton at the weekend, and 6844 yuan / ton on Tuesday and Wednesday, with a weekly increase of 0.34% and a weekly amplitude of 0.70%.

2、 Analysis and comment

According to the price chart of business agency, propylene price remained stable in the first half of October and plummeted by more than 10% in the second half. Since November 1, the price has been adjusted back. Since November 1, the price has risen by 200-250 yuan / ton. After a short period of stabilization, the price dropped slightly by about 100 yuan / ton on August 9 and then stabilized again. On the 12th, it rose 50 yuan / ton and then stabilized again. The market transaction is between 6750 yuan / ton and 7200 yuan / ton, and the mainstream price is about 6850 yuan / ton. At present, the inventory of manufacturers is controllable, and the shipment situation is still ideal.

On November 12, crude oil prices declined slightly, but the range was not large, and the impact on propylene was limited.

This week, PP spot price rose slightly over the weekend, with a weekly increase of 0.20%. The futures market is relatively ideal, which has a slightly positive impact on propylene.

Acrylic acid market continued to rise this week, the weekly increase has reached 5.48%, slightly favorable impact on propylene.

This week, the propylene oxide market rose sharply, with a weekly increase of 9.82%, which made up for the impact of the sharp decline in the earlier period, which had a more obvious positive effect on propylene.

Epichlorohydrin also had a significant upward trend this week, with a weekly increase of 9.20% and a weekly amplitude of 11.28%, which had a significant positive impact on propylene.

This week, domestic n-butanol price continued to rise and then stabilized, with a weekly increase of 3.87%, which had a small positive impact on propylene.

Octanol market in the second half of this week significantly increased, up as high as 7.13%, has a positive impact on propylene.

The isopropanol market rose steadily this week, with a weekly increase of 4.45%, which also had a positive impact on propylene.

This week, phenol in East China showed a ladder upward trend, with a weekly increase of 12.11%, which had a more obvious effect on propylene.

This week, East China acetone also showed a ladder like upward trend, with a weekly increase of 6.94%, which also had a more obvious effect on propylene.

3、 Future forecast

The propylene analysts of the chemical branch of the business society believe that: on the whole, the inventory of propylene manufacturers is controllable, the crude oil price is slightly downward, and the downstream market is relatively ideal, but mainly wait and see, so it is expected that the propylene price will start to stabilize in the near future.

According to the data of business agency, the overall price trend of lithium carbonate began to increase slightly on November 12, with an increase range of 500-4000 yuan / ton. On November 12, the average price of industrial lithium carbonate in East China was 39900 yuan / ton, which was 1.01% higher than that of the early Zhou Dynasty (on November 9, the average price of industrial lithium carbonate in East China was 39500 yuan / ton). On November 12, the average price of battery grade lithium carbonate in East China was 44500 yuan / ton, which was 0.68% higher than that of the early week (on November 9, the average price of battery grade lithium carbonate in East China was 44200 yuan / ton).

According to the observation of market changes, the price of lithium carbonate is on the upward trend today, and the price of industrial lithium carbonate and battery grade lithium carbonate have been increased by different ranges. In recent years, lithium carbonate price has been in a relatively rising range. With the increasing tightening of shipment, the price is also rising. The supply and demand structure is expected to improve with the continuous development of lithium industry.

In recent days, the trend of lithium battery concept stocks is strong. With the gradual recovery of new energy vehicle sales, the trend of lithium battery market is also positive. Driven by favorable factors such as policy and market, the power battery industry ushered in the development opportunity period. This also drives the demand for lithium carbonate to rise, and the increase of production cost makes the price rising. On December 12, the comprehensive quotation price of industrial lithium carbonate market was 36000-43000 yuan / ton, and the comprehensive price of battery grade lithium carbonate market was near 42000-46000 yuan / ton.

According to the price monitoring of business society, there are 23 commodities rising on the list of commodity prices on November 11, 2020, of which more than 5% of the commodities increased by 2, accounting for 2.2% of the monitored commodities in the market; the commodities with the top 3 increase are bisphenol A (7.64%), phenol (5.31%), butadiene (3.73%). There are 5 commodities falling on the same month, the first three products are baking soda (-3.05%), liquid ammonia (-1.63%), light soda (-0.89%).

Analysts of lithium carbonate in business agency believe that the price of lithium carbonate market is rising continuously and the market delivery is tight. Driven by the increase of demand and cost, it is expected that the lithium carbonate market will still be in a positive situation in the short term.

According to the monitoring data of the business agency, as of November 12, the ex factory price of domestic industrial grade propylene glycol was 10666 yuan / ton. Compared with November 8, the average price was increased by 1566 yuan / ton, or 17.22%; compared with November 2, the average price was increased by 1333 yuan / ton, or 14.29%.

Raw material callback gives cost support, foreign trade orders increase, propylene glycol expands

This week, the overall domestic industrial grade propylene glycol market has been rising steadily, and the raw material propylene oxide has gradually risen after stopping the decline, which provides the cost support for propylene glycol. On the first two days of the week, the ex factory price of propylene glycol increased rationally, with the range of 200-600 yuan / ton. Starting from Thursday (November 12), the domestic propylene glycol market experienced a wide range of pull up, with a reference to the rising range of 500-1500 yuan / ton, driven by the continued warming of raw materials and the increasing demand from foreign trade export orders. At present, as of November 12, the ex factory price of domestic industrial grade propylene glycol is 10666 yuan / ton. Compared with November 8, the average price of domestic industrial propylene glycol has increased by 1566 yuan / ton, or 17.22%; compared with November 1, the average price has increased by 1333 yuan / ton, or 14.29%.

On the upstream side, the propylene oxide market trend continued to reverse this week. Some factories in some regions continued to raise the price of propylene oxide by 300 yuan / ton. It was heard that the new orders in the market were well transacted and the supply pressure was small. It is expected that the market will continue to rise in the short term. As of November 12, the mainstream quotation of propylene oxide market was around 15000-15800 yuan / ton, according to the data of the business club’s bulk list.

Low inventory propylene glycol short-term high operation

At present, the overall inventory of domestic industrial grade propylene glycol is low, and the sales pressure is small. It is heard that some factories may be closed in the near future. Therefore, the propylene glycol Data Engineer of the business society believes that the propylene glycol market will be high and strong in the short term.

According to the monitoring of the bulk data of the business agency, due to the poor downstream demand, the ethyl acetate Market is in a weak decline. As of November 12, the average price of enterprises in East China was about 6552 yuan / ton, down 0.83% compared with the beginning of the week and 13.41% higher than the same period of last month.

Recently, the domestic ethyl acetate Market is weak and downward, but the price of ethyl acetate is still at a high level. The production enterprises of ethyl acetate have stable start-up and sufficient market supply. Affected by the weakening downstream demand, the enterprise’s shipping pressure is low, and the inventory is passively accumulated. The market price of ethyl acetate continues to decline, and the market is short-sighted. At present, East China is about 6500 yuan / ton, North China is about 6400 yuan / ton, and South China is about 6750 yuan / ton.

In terms of raw materials, the acetic acid market has a strong rise, with dual support from export domestic demand, low inventory of enterprises, and high price operation of raw materials, and tight market supply, multiple favorable factors support the firm upward trend of acetic acid price. The high level of ethanol market has declined, and the raw material corn has fallen slightly. It is difficult to purchase raw materials in Northeast China. Enterprises order delivery. The demand of liquor and chemical industry in the downstream is limited. At present, ethanol in East China is about 6775 yuan / ton.

The international market price of ethyl acetate fluctuated and adjusted. At present, the port price of European market is about 1300-1400 euro / ton, and that of North American market is about 690 US dollars / ton.

According to the analysts of ethyl acetate of business club, at present, the domestic ethyl acetate Market is running in a weak position. With the weakening of raw material ethanol and insufficient cost support, especially in the case of downstream market demand, the market bearish atmosphere is obvious, and it is expected that the price of ethyl acetate will be weak in a short period of time.

1、 Price trend

According to the price monitoring of the business agency, on November 12, the average price of salicylic acid (industrial grade) mainstream manufacturers was 13833.33 yuan / ton, up 2.47% compared with the beginning of the month, 2.53% higher than the beginning of the month, and 9.78% lower than that at the beginning of the year.

2、 Market analysis

In November, the salicylic acid market continued to warm, with the price rising by 2.47%. Enterprises generally adjusted about 300-500 yuan / ton, and some enterprises kept their prices stable and waited for the market. The rise was mainly due to the demand expectations to boost market sentiment, as well as strong support from the cost side, and the salicylic acid market was stronger. As of November 12, the quotations of salicylic acid industrial enterprises are mostly in the range of 10000-15000 yuan / ton, the quotations of pharmaceutical grade are mostly in the range of 23000-25500 yuan / ton, and the quotations of sublimation level are mostly in the range of 15000-20000 yuan / ton. The actual transaction is mainly through negotiation, and the quantity is preferred.

At present, the domestic and foreign trade demand of salicylic acid is in good performance. The operating rate of domestic downstream factories is increasing, and the demand is increasing. At the same time, the demand of overseas consumption places is recovering steadily. The export orders of domestic salicylic acid enterprises are increasing. The business attitude is optimistic. The manufacturers are operating at a high level, and the supply is in short supply. The price support mood is high and the offer is firm. As of the beginning of the month, phenol rose by 50.39 yuan compared with the market at the beginning of April, which was also a strong driving force for the price of phenol. Overall, the supply and demand side is good, the trend of salicylic acid is strong, and there are further expectations of rising.

The raw material phenol factory has been increased by 250-350 yuan / ton, and the main domestic factory offer is 5900-6000 yuan / ton. In the morning, the market offer remained flat with the factory, and then the downstream inquiry increased and the negotiation went up further, and the offer gradually exceeded 6000 yuan / ton. As of the end of the 11th, the mainstream offer for petrochemical plants across the country was 5900-6000 yuan / ton. Among them, the offer of East China market is 6050 yuan / ton, that of Shandong and surrounding areas of Yanshan is 5900-6000 yuan / ton, and that of South China is 6100 yuan / ton.

3、 Future forecast

Salicylic acid analysts of the business agency believe that: at present, the domestic and foreign trade demand for salicylic acid is good, the orders of salicylic acid enterprises are increasing, the business attitude is optimistic, the manufacturers start high, the supply exceeds demand, the price sentiment is high, and the offer is firm. In the short term, the market is strong.