According to the statistics of the business agency, as of October 15, DTY of nylon filament in Jiangsu was reported at 15100 yuan / ton, up 2.26% compared with October 1, and 16.27% lower than that on October 1; the price of nylon POY was 12740 yuan / ton, 1.59% higher than that on October 1, and 18.75% lower than that on October 1; the price of nylon FDY was 15850 yuan / ton, 1.60% higher than that on October 1 and 19.54% lower than that on October 1.

In the early ten days of October, the international crude oil price rose sharply and fell slightly. As of October 14, WTI crude oil price was 41.04 USD / barrel, up 5.99% from the beginning of October. International oil prices rebounded sharply, while cyclohexanone rose. Shandong cyclohexanone market offer 5750-5850 yuan / ton, East China cyclohexanone offer price 6000-6100 yuan / ton, the market trading atmosphere is light. Sinopec’s settlement price of caprolactam in September 2020 is 9700 yuan / T. The supply of caprolactam increased in September. Due to the oversupply, the inventory pressure increased and the overall price was weak. The downstream transaction atmosphere is warming, polyester staple fiber two consecutive trading limits boost market confidence, short-term caprolactam is expected to rise. As of October 15, PA6 rose by 4.79% in October.

Recently, many foreign textile export enterprises can not guarantee delivery due to the epidemic situation, and many orders are transferred to China for production, and nylon manufacturers are booming. Textile market turn, nylon filament transaction hot. Some enterprises said that they couldn’t help themselves and the market was turning rapidly. The old customers may have difficulties in delivery and are unable to receive orders from new customers. The prices have risen and risen again. The contracts are subject to the quotation of the same day. It seems that the industry has really entered the “Silver decade” season in the short term. However, the impact of the transfer of orders to China is limited. After all, the prospect of trade environment under the epidemic situation is unknown. Therefore, some enterprises have not made major adjustments and are in a wait-and-see situation.

Business agency analysts believe that in the half of the “silver 10″ quarter, nylon filament in the raw material boost, as well as orders to warm up, the end of September’s decline. However, from the perspective of the overall price adjustment strategy, the price increase range is 200-500 yuan / ton, and the pace is still relatively conservative. Although the enterprise has stated that it is imperative to increase the price, there is no lack of the flavor of guaranteed price promotion, which is expected to continue to rise in the short term.

Trade name: fuel oil 180CST

Latest price (October 14, 2020): 3587.50 yuan / ton

Analysis points: on October 14, the price of fuel oil was 3587.50 yuan / ton, and the market was weak and stable. On the one hand, cost is mainly negative. The international crude oil price fluctuates in a narrow range around $40 / barrel, which weakens the support for fuel oil. It is understood that WTI crude oil closed at $40.18/barrel on November 13. On the other hand, the demand is still low in the short term, and the epidemic situation of Xinguan in foreign countries is becoming more and more serious. Fuel inventory has increased, and supply side pressure is high. It is understood that, as of October 7, Singapore’s residual fuel oil inventory, including fuel oil and low sulfur waxy residual oil, increased by 190000 barrels to 24.237 million barrels, light distillate stocks including naphtha, gasoline and reformate oil increased by 215000 barrels to 13.781 million barrels, and medium distillate stocks decreased by 433000 barrels to 14.835 million barrels.

Aftermarket forecast: the fuel market is expected to continue the weak atmosphere in the short term.

According to the monitoring data of the business agency, as of October 14, the ex factory transaction price of domestic propylene glycol was 9333 yuan / ton. Compared with October 1, the average price of propylene glycol increased by 167 yuan / ton, or 1.82%. Compared with 9 and 1, the average price of propylene glycol increased by 1533 yuan / ton, or 19.66%.

After the festival, the raw materials continued to be high, propylene glycol pressure was adjusted narrowly, and the overall small range was upward

After the festival, the domestic propylene glycol market has been adjusted in a narrow range with both high and low adjustments, and the overall upward trend is the majority. This trend mainly comes from two aspects. On the one hand, due to the cost pressure given by the continuous rise of raw material propylene oxide, propylene glycol market is difficult to get down, and the price is passively pushed up. The offer of many factories is still high or pressure is up, with an increase range of 200-300 yuan / ton. At present, the high-end transaction price of propylene glycol refers to 9800 yuan / ton.

On the other hand, after the festival, the propylene glycol plant started normally, and the inventory was abundant. Downstream users only kept purchasing on a just need basis. They were strongly resistant to high prices. Under the deadlock between supply and demand, some factories and dealers went down slightly, with a downward range of 200 yuan / ton. At present, the low-end transaction price of propylene glycol refers to 9000 yuan / ton.

As of October 14, the ex factory transaction price of domestic propylene glycol was 9333 yuan / ton. Compared with October 1, the average price of propylene glycol increased by 167 yuan / ton, or 1.82%. Compared with 9 and 1, the average price of propylene glycol increased by 1533 yuan / ton, or 19.66%.

The production capacity and operation of propylene glycol in some domestic enterprises are attached (data for reference only)

Factory’s production capacity (10000 / T) process remarks

Normal operation of Shida Shenghua 12.5 transesterification process unit

Normal operation of Haike Xinyuan 6 transesterification process unit

Normal operation of 5.5 transesterification process unit of wells chemical

Normal operation of Depp chemical 4.8 transesterification process unit

Internationally, China’s crude oil imports continued to grow, coupled with the continued decline of the US dollar, international oil prices rebounded. On Tuesday (October 13), WTI November 2020 futures rose $0.77 at $40.20 a barrel, while Brent’s December 2020 futures rose $0.73 to $42.45 a barrel. The main contract of China’s SC crude oil futures fell 3.3 yuan / barrel to 272.2 yuan / barrel in 2012.

It is difficult to ignore short-term weak operation due to insufficient demand

At present, the cost of propylene glycol is obviously inverted, and the demand is weak. In addition, the export is affected by the exchange rate, freight and domestic price. The foreign trade sales are average and the performance is flat. The overall sales pressure of the market is not reduced. Therefore, it is expected that the price of propylene glycol will be weak and narrow in the short term.

According to the data monitoring of business agency, as of October 14, the reference average price of 30% grade phosphate ore in domestic mainstream areas was around 386.67 yuan / ton, which was increased by 10 yuan / ton, or 2.65%, compared with October 1; compared with September 1, the average price was increased by 6.67 yuan / ton, or 1.76%.

Domestic phosphate rock market rose after double festival

In October, after the double festival, domestic phosphate ore started to resume gradually, and the trading was stable. It was heard that some mining enterprises might raise their quotation, and the new orders were sold at sporadic high prices, and the market was mainly on the wait-and-see manner. Up to the 14th, most of the domestic mines raised the ex factory price of phosphate rock, mainly in Guizhou and Hebei. The overall increase in Guizhou was 20 yuan / ton, and the reference for 30% grade phosphate ore was 300-350 yuan / ton, and the transaction price was around 290-330 yuan / ton. The overall increase in Hebei Province was 10 yuan / ton, and the reference of 30% grade phosphate ore factory quotation was 4 50-550 yuan / ton. At present, after the high-end quotation of phosphate ore market, the trading is fair, and the procurement is mainly required.

On the downstream side, the overall price of yellow phosphorus market rose slightly after the festival. Most of the new orders in the market were small orders, and some prices increased slightly. At present, the reference price of Yunnan Net phosphorus factory transaction was around 15300-15500 yuan / T, and a small number of high price orders were referred to 15600 yuan / ton. The phosphoric acid market is mainly stable for the time being, and the recent market demand is not obvious.

Continue to be weak in action and maintain stability in the short term

In the short term, there is limited space for the phosphate ore market to continue to rise. On the one hand, the current mine operation has not been fully recovered, and the limited supply has given support to the enterprise’s price rise. After the full recovery of the future market operation, the phosphate rock price continues to go up, with insufficient power and no strong support from the market. Therefore, the short-term market upward range is limited and stability is mainly maintained.

1、 Price trend of formic acid

(Figure: P value curve of formic acid products)

2、 Market analysis

Recently, the domestic industrial grade 85% formic acid market is mainly stable, and the prices of some enterprises have been raised. According to the data of the business club’s bulk list, as of October 14, the average price quoted by formic acid enterprises was 2066.67 yuan / T, which was flat compared with the previous trading day, and increased by 13.76% compared with September 1. It is reported that the formic acid plant of Shandong ASDE Technology Co., Ltd. has started to operate 200000 tons of formic acid plant for its own use of formamide and calcium formate; the operating load of Nanjing BASF is about 80%. At present, the quotation of industrial grade 85% formic acid of Zhangzhou San’an Chemical Co., Ltd. is 2000 yuan / ton, and that of Jintan local industrial supply and Marketing Co., Ltd. is 2300 yuan / T. the spot price of merchants is subject to the market, and the actual transaction price is mainly negotiated.

For the upstream caustic soda, on October 13, the price of caustic soda in Shandong was relatively strong. The mainstream ex factory price of 32% caustic soda was 450-530 yuan / ton. October is the traditional peak season, and the demand side of caustic soda has certain support. At the same time, October is also the maintenance peak period, so the supply side may tighten. It is estimated that the short-term caustic soda price may be stronger; the upstream liquid ammonia market will be stable in the near future (10.9-10.13); the upstream sulfuric acid market will rise slightly in Shandong Province in the near future (10.9-10.13), and the upstream sulfur market will rise slightly in the near future with good cost support, but the downstream purchasing enthusiasm is general, the supply of sulfuric acid is normal, and the factory price of sulfuric acid in the future market will fluctuate slightly As of October 14, the average price quoted by enterprises was 1902.50 yuan / ton, up 5.99% compared with October 1.

Downstream potassium formate, calcium formate, pharmaceutical industry demand is stable, downstream epoxy soybean oil industry started low load operation, downstream leather and pesticide industry started to steadily improve.

According to the price monitoring of business agency, on October 13, 2020, there were 20 kinds of commodities in the list of commodity price rise and fall, including 1 commodity with an increase of more than 5%, accounting for 1.1% of the total number of commodities monitored in this plate; the top three commodities that increased were polymerized MDI (5.40%), formaldehyde (37%) (3.28%) and sulfur (2.30%). There were 6 kinds of commodities that declined on a month on month basis, and the top three products were crude benzene (- 1.00%), ethylene glycol (- 0.87%) and aluminum fluoride (- 0.75%). The average rise and fall was 0.29%.

3、 Future forecast

Formic acid analysts of the business community believe that the raw material prices are stable and strong in the near future, the cost support is fair, and the follow-up of new downstream orders is stable. It is expected that in the short term, the industrial grade formic acid market will be stable and good operation, and more attention should be paid to market news guidance.

The average price of formaldehyde in Shandong was 1016.67 yuan / ton on December 12, and 1050.00 yuan / ton on the 13th, an increase of 3.28%. The current price is up 8.25% month on month, and the current price is 19.20% lower than last year.

Recently, the domestic market price of formaldehyde has remained stable. As of October 13, the mainstream factory quotation in Central China is about 916 yuan / ton, that of North China is 830 yuan / ton, and that of East China is 1033 yuan / ton. Linyi Yinhe formaldehyde production capacity is 120000 tons / year, and the formaldehyde plant is normal, with a daily output of 200 tons. Recently, the formaldehyde plant in Shandong Province has been in normal operation. The trading atmosphere in the market was better than that in the earlier period, the actual transaction was ok, and the formaldehyde market rose.

The situation of upstream methanol: the quotation of methanol market in southern Shandong Province increased by 20-50 yuan / ton to 1850-1870 yuan / ton, and Linyi received the quotation of 1850 yuan / ton of local goods and delivered them to the place without tax. There is no quotation for logistics goods. The regional supply of goods is reduced, and the enterprise mentality is strong. The main factors of the price rise are the favorable futures driven, and the favorable impact of the recovery of downstream demand. In the short term, the positive factors will still remain for a period of time, traders are full of bullish mentality. Strong cost support, formaldehyde market rose.

In the near future, the overall demand for timber in the downstream is flat, and the commencement is not obviously better, and the support from the demand side is limited. Just need to maintain the atmosphere of purchase and delivery.

In recent days, the upstream raw material methanol continued to rise, and the formaldehyde market rose with the strong cost. Therefore, the formaldehyde analysts of the chemical branch of the business agency predicted that the formaldehyde price in Shandong Province would be higher in the near future.

1、 Melamine price trend

(Figure: P value curve of melamine product)

2、 Market analysis

In recent years, the melamine market is mainly stable, with little change. Compared with the previous day, the average price of melamine rose by 13.0% as of January, compared with that of January. The melamine commodity index on October 12 was 60.22, flat with yesterday, down 39.78% from 100.00 (2011-09-18), and 10.54% higher than the lowest point of 54.48 on July 26, 2020. (Note: period refers to 2011-09-01 to now)

At present, some of the devices are stopped for maintenance, and the enterprises mainly execute the orders in the early stage, the performance of the demand side is general, the market has no obvious change, and the operators mainly wait and see. At present, the mainstream quotation of melamine in Shandong is around 5500 yuan / ton, that in Xinjiang is around 4700 yuan / ton, that in Sichuan is 5300 yuan / ton, and that in Henan is about 5200 yuan / ton.

For upstream urea, on October 13, the urea market in the East was temporarily stable, and the recent high consolidation of upstream liquid ammonia resulted in better cost support. Domestic demand is fair, agricultural demand in some areas has followed up, and industrial demand follows the market and purchases on demand. In terms of supply, some devices were overhauled and some of them were in short supply.

3、 Future forecast

Melamine analysts from the business agency believe that the current upstream urea price is temporarily stable, the cost support is fair, and the overall performance of the market is average. It is expected that in the short term, the melamine market will be mainly stable, and more attention should be paid to the start-up situation of enterprises.

According to the monitoring data of the business agency, as of October 13, the average ex factory price of domestic n-butanol was 6400 yuan / ton. Compared with October 1, the average price of domestic n-butanol was increased by 66 yuan / ton, or 1.05%; compared with September 1, the average price was increased by 700 yuan / ton, or 12.28%.

N-butanol market rose strongly in September driven by multiple positive factors

Since September, the domestic n-butanol market has begun to rise steadily. The high price of propylene gives support to the cost of n-butanol. The downstream replenishment of n-butanol was stable, the market trading atmosphere was good, and the transaction focus continued to rise. As of September 25, the average ex factory price of n-butanol was 6333 yuan / ton, which was increased by 633 yuan / ton or 11.11% compared with September 1. Then, at the end of the month, the n-butanol market was supported by the stock preparation before the festival, the market trend was high and stable, and the downstream procurement was active. Until the end of September, the overall market was stable and stable.

October market continued to be good, n-butanol market stable upward

In October, some domestic n-butanol manufacturers continued to increase the ex factory price of n-butanol by 50-100 yuan / ton. At present, in terms of cost, the raw material propylene started stable operation at the beginning of the month, and the high-level support was given to n-butanol, and the cost pressure of n-butanol was still under pressure. In terms of supply, some factories were shut down for maintenance in September, and the operating rate was around seven floors. In terms of demand, at present, the downstream just needs replenishment, and the trading atmosphere is good. As of October 13, the average ex factory price of domestic n-butanol was 6400 yuan / ton, which was increased by 66 yuan / ton or 1.05% compared with October 1; compared with September 1, the average price of domestic n-butanol increased by 700 yuan / ton, or 12.28%.

The market price of n-butanol in some parts of China is attached (data for reference only, unit: yuan / ton)

Product Name: up and down in 10 / 1-10 / 13

N-butanol in East China 6400 6500 + 100

South China 6500 6600 + 100

North China 6300 6400 + 100

Upstream, after the festival, the domestic propylene market price has basically stabilized. As of October 3, the market price of propylene in Shandong continued to be stable. According to the price chart of the business agency, since October 1, the price of propylene has remained stable on the whole, and the prices of some enterprises have risen slightly. On Monday, most of the prices have remained stable, and some enterprises have risen slightly. At present, the market transaction is still stable between 7500 yuan / ton and 7650 yuan / ton, and the mainstream price is 7500 yuan / ton. Recently, some propylene plants have been shut down unexpectedly, and the overall supply is a little tight.

Tight spot, smooth conduction, n-butanol may continue to rise

At present, the spot price of n-butanol market is tight, the conduction is smooth, the downstream demand is normal, and the atmosphere is good. Therefore, it is expected that the market will rise again in the short term, and the market will continue to rise.

1、 Price trend

According to the data of the business club, the average ex factory price of domestic caprolactam liquid on September 1 was 9516 yuan / ton, while on September 30, the average factory price of domestic caprolactam liquid was 9333 yuan / ton, which dropped by 1.93% this month.

2、 Market analysis

Domestic caprolactam rose first and then fell this month. In the first ten days of September, the price of pure benzene rose and the cost was good. Caprolactam supply decreased, procurement increased and prices began to rise. In the middle and late September, some caprolactam enterprises resumed production, and the supply of caprolactam increased. As supply exceeds demand, inventory pressure increases. Prices began to fall. As of the end of the month, the price of caprolactam liquid of Shandong Luxi Chemical Co., Ltd. was 9000 yuan / T, and the factory had delivered the factory in cash, with a capacity of 300000 tons. The actual transaction can be discussed. Nanjing Dongfang caprolactam liquid price 9800 yuan / ton, 400000 tons / year of the plant normal operation, caprolactam unit normal operation. Baling Hengyi caprolactam liquid price is 9700 yuan / T, 450000 tons / year, the plant is normally started up, accepted and delivered. The price of caprolactam liquid of Baling Petrochemical Company is 9700 yuan / ton, and the 300000 tons / year unit is normally started and accepted.

Raw material pure benzene experienced shock this month. In September, Sinopec’s listed price of pure benzene was not adjusted, supporting the price of pure benzene. In the first ten days, the price of some downstream products in Northeast China was exported, the market supply increased, and the demand was not improved, which led to the price weakening. In the middle of the year, price stabilization and consolidation are the main factors. Late ten days: before the festival, the willingness of downstream replenishment is not strong, affected by the pressure of shipment, the overall price of refining is weak.

3、 Future forecast

Caprolactam analysts believe that at the beginning of this month, the demand for caprolactam in the downstream chip market increased, and the market rose. After that, due to the weakening demand, caprolactam supply increased, and the price began to fall. In the near future, under the improvement of cost support and downstream demand, caprolactam market is expected to rise steadily in October.

1、 Price trend

According to the business club’s large list data, the average ex factory price of powdered monoammonium was 1866 yuan / ton on September 1, and 1866 yuan / ton on September 30, respectively. The price remained stable during the month.

According to the business club’s large list data, the average ex factory price of 64% diammonium was 2268 yuan / ton on September 1, and 2306 yuan / ton on September 30, with the price rising by 1.67% in the month.

2、 Market analysis

In September, the demand for monoammonium phosphate increased, the price remained stable, and the operating rate of enterprises was about 72%. In Anhui Province, 55% powdered ammonium was quoted at 1900-1950 yuan / T, and the start-up was stable. In Hubei Province, the ex factory quotation of 55% powdered ammonium is about 1850-1950 yuan / ton, and that of 60% powdered ammonium is 2050-2100 yuan / ton. The stable operation of Henan market, 55% ammonium powder factory quotation of 1900 yuan / ton, stable start-up. The price of 55% powdered ammonium in Shandong Province is 1850-1950 yuan / ton, and the price is stable. The factory quotation of 55% powdered ammonium in Sichuan is about 1900 yuan / ton.

In September, the market of diammonium phosphate was strong, and the price continued to rise. The operating rate of enterprises was about 60%. The mainstream factory quotation of 64% diammonium in Hubei Province is 2250-2350 yuan / ton, that of 64% diammonium in Shandong Province is 2300-2350 yuan / ton, that of 64% diammonium in Yunnan Guizhou area is 2300-2450 yuan / ton, and that of 64% diammonium in Anhui Province is 2250-2450 yuan / ton. In Gansu Province, 64% DAP mainstream factory quotation is 2300-2450 yuan / T. The quotation of 64% diammonium at the first arrival station in Heilongjiang Province is about 2500 yuan / ton.

In September, the raw material sulfur market was on the rise as a whole, and the market of sulfur continued to rise. Domestic sulfur manufacturers made price adjustments based on the sales situation, and the price trend rose steadily in the month. As of the 30th, the quotations of solid sulfur and liquid sulfur in East China are 860-1060 yuan / ton, 760-900 yuan / ton, 710-800 yuan / ton and 660-720 yuan / ton in North China, 840-850 yuan / ton in Shandong. Some enterprises in the downstream compound fertilizer enterprises resumed production and the operating rate increased.

3、 Future forecast

Ammonium phosphate analysts from the business club believe that the demand for raw materials of compound fertilizer enterprises in Northeast China increased in September, monoammonium phosphate inventory decreased, supply was tight, and the market trend was strong. In September, the domestic demand for diammonium phosphate was stable, and the foreign demand was good, and the price continued to rise. It is expected that monoammonium will mainly seek to rise in October. The trend of diammonium may continue to rise.