1、 Price trend

According to the monitoring of bulk data of business society, as of September 23, the average price of R22 was 14833.33 yuan / ton, down 6.32% compared with the beginning of the month, 10.64% on month, and 2.2% lower than the same period last year.

According to the monitoring of bulk data of business society, as of September 23, the average price of R134a refrigerant was 15566.67 yuan / ton, 3.32% compared with the beginning of the month, 5.66% lower on a month basis, and 38.15% lower than the same period last year.

2、 Market analysis

In September, the refrigerant market was uncertain, the demand was weak, the market transaction was weak, and the various refrigerant market continued to be low, the market lacked obvious positive signals, and the attitude of the industry was negative. This month R134a rose sharply, prices hit the bottom rebound, and the favorable day drop prompted the R134a center of gravity to move up slightly. R22 enterprises are weak in price, and they have been down significantly. At present, the refrigerant export is not smooth, the downstream air conditioning output is low, and the demand is scarce. With the weather turning cold, the demand is even more frosty. The manufacturers are under pressure on the delivery. The traders are cautious to watch and see that the weak situation of refrigerant is difficult to change.

R134a, in September, trichloroethylene, raw material, rose suddenly. R134 was supported by cost, and the price hit the bottom and rebounded. The total monthly increase was 3.32. Taking Dongyue, Shandong Province as an example, the price at the beginning of the month was 15000 yuan / ton, and the price at the end of the month was increased to 16000 yuan / T, and the monthly price rose by 1000 yuan. Other enterprises increased to different degrees. Although R134a has cost driven, it has poor demand, dealers are cautious to wait and see, there is not much replenishment, and there are plans for new capacity entering the market. The market competition is fierce. Some enterprises have the phenomenon of cost reverse shipment to maintain old customers, and the market is not optimistic. According to the price monitoring of business agency, as of September 23, the main manufacturers price of R134a market of refrigerant was about 15000-16000 yuan / ton, and the center of business was slightly moved up.

R22, the price of refrigerant R22 in September dropped. Raw materials fluorite, hydrofluoric acid and chloroform prices have declined to varying degrees, and the cost side support is insufficient. Although R22 has quota support, it is hindered by demand, the firm price of the manufacturer is weak, the quotation begins to loosen, and the market returns to the buyer’s leading position. Affected by new energy efficiency, the demand of R22 is reduced, traders are more cautious in hoarding, few replenishments, insufficient market gas, and insufficient confidence of the industry. As of September 23, the price of the mainstream manufacturers in the refrigerant R22 market was about 13500-16500 yuan / ton, and the price was steadily and quietly decreased.

Upstream hydrofluoric acid, September 23, the mainstream price of domestic anhydrous hydrofluoric acid manufacturers was 7700-8300 yuan / ton. The factory price of the in-house merchants remained stable. The domestic hydrofluoric acid manufacturers started at a normal rate, the supply of goods in the site was normal, and affected by the stable fluorite price, but the demand of downstream refrigerant industry was poor, and the on-site procurement was mainly based on demand, and the site price in the later period was expected to be kept low.

The price of methane chloride Market in Shandong Province is up, the mainstream quotation of dichloromethane market is 2490-2540 yuan / T, and the mainstream price of trichloromethane market is about 1900 yuan / T, and it is expected to adjust in a short period of time. At present, the upstream liquid chlorine market is high, which supports the price of methane chloride better; the overall demand for downstream market is not good and the support is insufficient.

3、 Post market forecast

Refrigerant analysts of business agency believe that in September, the refrigerant market was weak, R134a price rose, the market transaction atmosphere was poor, the price rise lacked actual driving force, and it is expected that the weak and stable in the short term; the demand for R22 is weak, the manufacturer is generally shipped, the traders’ stock enthusiasm is not high, the price is clearly stable and the price is down, and it is expected that the weak maintenance will be stable in the short term.

According to the monitoring of the bulk data of the business agency, the market of ethyl acetate in East China is strong and upward. As of September 22, the average price of enterprises in East China was about 5720 yuan / ton, 2.1% higher than the average price of 5602 yuan / ton in East China at the beginning of the month, and 1.37% higher than the same period of last month.

At present, the overall domestic ethyl acetate Market is stable and firm, and the enterprises start their business smoothly. The downstream and traders have basically completed the stock preparation before the festival. The large orders are less, and the small orders are more than zero. The raw materials acetic acid and ethanol have shown strong performance recently, and the cost support of ethyl acetate is good. At present, it is about 5750 yuan / ton in East China, 5650 yuan / ton in North China and 6100 yuan / ton in South China.

In terms of raw materials, the shutdown and load reduction of acetic acid production enterprises and the low inventory of the industry led to the tight spot supply in the market, and the downstream and traders’ stock preparation was basically completed, which is expected to be stable and stable in a short time. The ethanol market is stable and strong. The raw corn is affected by the bad weather and typhoon, which will have a certain negative impact on the listing of new grain. Recently, the ethanol production enterprises in Northeast China have successively planned to repair and repair, so the supply may be reduced to a certain extent, and it will be strong in a short time.

The international market price of ethyl acetate is stable and firm. At present, the port price of European market is about 750 euro / ton, and that of North American market is about 640-690 US dollars / ton.

According to the analysts of ethyl acetate of business club, the domestic downstream market of ethyl acetate is mainly based on digestion contract, the transaction of new orders is limited, and the enterprise’s inventory pressure is not big, and the operation is strong in a short period of time.

According to the data monitored by the business agency, as of September 22, the price quoted by pet water bottle manufacturers was 5283.33 yuan / ton, and the price of mainstream manufacturers was around 5250-5350 yuan / ton. The market of polyester bottle chip in South China was in a weak position, with the mainstream price of 5000-5100 yuan / ton.

Pet market is weak, market negotiation focus is weak, downstream cautious wait-and-see demand is poor, the number of new orders is limited, the negotiation atmosphere is low, and just need procurement is the main. At present, the polyester bottle pieces in East China are running at a low level, and the current quotations of mainstream manufacturers are around 5250-5300 yuan / ton. The mainstream negotiation price in South China is 5000-5100 yuan / ton. At present, the price of Xiamen Tenglong is 5300 yuan / ton, and that of Guangdong is 5300 yuan / ton Taibao 5300 yuan / ton, Zhuhai China Resources 5250 yuan / ton, Zhejiang wankai 5250 yuan / ton, Yizheng Chemical fiber 5300 yuan / ton. At present, the shipment is smooth and the inventory is general.

The upstream PTA market is weak in operation, the cost side support is general, and the just needed procurement is given priority to, and the negotiation atmosphere is dull.

On September 21, PTA commodity index was 34.13, down 0.22 points compared with yesterday, 67.16% lower than 103.92 points (2011-09-15), and 13.43% higher than the lowest point of 30.09 points on April 22, 2020. (Note: period refers to 2011-09-01 to now)

The chemical index on September 22 was 731, up 1 point compared with yesterday, 28.05% lower than 1016 (2012-03-13), and 22.24% higher than 598, the lowest point on April 8, 2020. (Note: period refers to 2011-12-01 to now)

Pet analyst of business agency thinks: pet market runs smoothly in the short term, and the focus of negotiation is low. (the above prices are provided by major pet manufacturers all over the country and analyzed by pet business analysts for reference only. Please contact relevant manufacturers for more price details.)

1、 Price trend:

According to the data of the business club’s bulk list, the domestic PA6 market fluctuated and fell in mid September, and the spot prices of various brands declined. As of September 22, the mainstream offer price of 2.75-2.85 from traders was about 10650.00 yuan / ton, a decrease of 3.18% compared with the average price at the beginning of the month.

2、 Analysis of influencing factors:

In terms of caprolactam upstream of PA6, some caprolactam enterprises resumed production recently, and the spot supply increased. The domestic caprolactam price fell in mid September. As of September 22, the average ex factory price of caprolactam was about 9516.67 yuan / ton. Upstream pure benzene continued to hold a rigid consolidation in the early middle of the middle of the year, and then with the rise of crude oil, the price center of gravity rose. Moreover, the market supply of some hydrogenated benzene units was improved due to the maintenance of some hydrogenated benzene units. In addition, the downstream began to prepare goods before the festival, and the enterprise inventory decreased. It is expected that caprolactam market will decline steadily in the short term, and it is suggested to pay attention to terminal demand.

In mid September, the market of PA6 was down, and the price of upstream lactam fell. The recent trend of far upstream crude oil declined, and the support of cost side weakened. In addition, the global public health events have a rebound trend, the overall performance of the external market is negative, and the market lacks good news. The demand level of PA6 chips is general, and the consumption of downstream factories is not high. Although the overall operating rate of nylon filament has increased in recent years, the overall demand is weak, and most of the goods are prepared to cover positions at low prices, and the transaction of high price chips is not good. The market mentality is negative, the business confidence is insufficient, in the middle of September, the profits will be sold.

3、 Future forecast:

Business agency analysts believe: China’s PA6 market weakened in September, the spot prices of various brands mainly fell. The price of caprolactam in the upstream fell, and the cost side support of PA6 weakened. Downstream factories take goods just need to operate, the operation tends to buy on bargain. Business mentality is not strong, the operation of the real single to let profit go. PA6 market is expected to be affected by multiple bearish in the near future, or will continue the weak trend.

The phenol Market is up 100-150 yuan / ton in a narrow range.

At present, the mainstream factories offer 5300 yuan / ton, and the market offer is pushed up to 5450 yuan / ton. The rising sentiment of the shipowners is not abating, and the offer continues to pull up. The current factory offer is 5300-5400 yuan / ton, and the offer in East China is also about 5400-5450 yuan / ton. Downstream inquiry is cautious, and the actual transaction still needs to be followed up. From the perspective of downstream, the market of bisphenol A is stuck at a high level, which has risen to 12700-12900 / T through negotiation, which has reached the highest level in the year. It plays a supporting role for the upstream phenol. It is estimated that the reference offer of phenol Market is 5400-5450 yuan / ton. At the end of the day, the quotations for acetone in the national markets were as follows:

Regional price rise and fall

East China 5450 100

5400 50 in Shandong Province

The area around Yanshan mountain is 5400 50

South China 5450 150

According to the data monitored by the business agency, as of September 21, the average price quoted by domestic premium DMF enterprises was 7033.33 yuan / ton. This week, the domestic DMF market price was high and firm, and the market went up. Compared with the same period last month, the price was up by 10.47%, 3.94% compared with the beginning of September, and 3.94% higher than that of the same period last week, with an increase of 300 yuan / ton.

This week, the DMF market showed an upward trend. The downstream demand increased, the shipment was smooth, the replenishment was positive, the center of gravity was firm, and the high level was moved up. As of September 21, Luxi Chemical Industry quoted 7100 yuan / T, Zhangqiu Riyue 7000 yuan / T, Hualu Hengsheng 7000 yuan / T, Shaanxi Xinghua 7000 yuan / T, East China market 7700-7900 yuan / T, South China market 7900-8100 yuan / T.

Upstream methanol just needs to purchase, high-level operation, strong price, limited orders.

The chemical index on September 21 was 730 points, up 3 points compared with yesterday, 28.15% lower than 1016 points (2012-03-13), and 22.07% higher than 598 points, the lowest point on April 8, 2020. (Note: period refers to 2011-12-01 to now)

DMF analysts believe that: in the short term, the DMF market is running at a high level, mainly digesting the early growth. (the above prices are provided by major DMF manufacturers all over the country and analyzed by business DMF analysts for reference only. Please contact relevant manufacturers for more price details.)

Price trend

According to business agency data monitoring, plasticizer DOP prices rose slightly this week. As of September 21, the DOP price was 7266.67 yuan / ton, a slight increase of 2.11% compared with 7116.67 yuan / ton at the beginning of the week (September 14), while DOP rose slowly.

Upstream market of industrial chain

From the phthalic anhydride trend chart can be seen, DOP raw material phthalic anhydride prices fell first and then rose, phthalic anhydride market volatility adjustment, the overall phthalic anhydride market remained stable.

As can be seen from the octanol price trend chart, the octanol market rose this week, up 3.45%, DOP cost rose, DOP has a certain upward support.

Downstream market of industrial chain

As can be seen from the PVC price trend chart, the PVC price rebounded this week, and the PVC market recovered, up 1.33%. The PVC market recovered, and the overall PVC market was stronger, which has a certain upward support for plasticizer DOP.

Market review and future expectation

Bai Jiaxin, an analyst of DOP data from the business agency, believes that DOP raw material prices rose this week, which supported the rise of DOP. At the same time, the downstream PVC market rebounded and rose, DOP demand recovered, DOP rising momentum increased, and plasticizer prices rose in shock. Overall, the future DOP market is good, and it is expected that DOP will rise in the future.

Price trend:

According to the business agency data monitoring, this week, the o-benzene contract quotation is stable. As of September 21, Sinopec has offered 4400.00 yuan / ton of o-xylene in East China and 4400 yuan / ton in North China, which is stable compared with the beginning of the week, and the market of o-xylene is temporarily stable.

Upstream market of o-benzene

It can be seen from the mixed xylene price trend chart that the mixed xylene price of o-xylene raw material decreased slightly this week, and the cost of o-xylene decreased, which was negative for the o-xylene market.

From the WTI crude oil price trend chart, we can see that the crude oil market rose sharply this week, up more than 10%. The price of crude oil is rising, the cost pressure of downstream industrial chain is increasing, the market of downstream industry chain is good, and the market of o-benzene is good.

Trend of downstream products

As can be seen from the phthalic anhydride price trend chart, the phthalic anhydride market fell slightly this week, the phthalic anhydride price was basically stable, and the adverse effect on the o-benzene market was limited, and the demand for o-benzene was not enough to support the rebound of the price of phthalic anhydride.

Future forecast:

Bai Jiaxin, an o-xylene data analyst at the business club, believes that the sharp rise in crude oil prices last week has a positive impact on the downstream industrial chain and is conducive to the recovery and rise of o-benzene price. However, the downstream demand for o-benzene is insufficient, and the price rise of mixed xylene in the upstream is relatively small. Although there is a certain upward momentum for o-xylene, it is difficult to support the price adjustment of o-benzene, and the overall future market of o-benzene is stable.

Price trend

According to the business agency data monitoring, acetic anhydride market bottomed out this week, and the price of acetic anhydride rose. As of September 21, the average price of acetic anhydride was 5600.00 yuan / ton, up 2.05% compared with 5487.50 yuan / ton at the beginning of the week, and 7.08% lower than that of the same period last year.

Acetic acid price trend

From the acetic acid price trend chart can be seen, this week acetic acid price shock rise, acetic anhydride cost rise, acetic anhydride market is good.

Methanol price trend

As can be seen from the methanol price trend chart, the methanol market rose first and then fell this week, the methanol price was adjusted by shock, and the acetic anhydride cost was adjusted by vibration, and the market of acetic anhydride was limited.

Market review and future forecast

According to Bai Jiaxin, an analyst of acetic anhydride data from the business agency, this week’s rise in raw material prices of acetic anhydride is favorable to the market of acetic anhydride, but the overall cost rise of acetic anhydride is limited, which is beneficial to the market of acetic anhydride. On the downstream side, the downstream customers of acetic anhydride purchased actively, the inventory of acetic anhydride enterprises was insufficient, the start-up of acetic anhydride enterprises was limited, and the pressure of acetic anhydride rise was great. Generally speaking, the supply of acetic anhydride enterprises was in short supply, and the market of acetic anhydride in the future market was more powerful.

According to the price monitoring of the business agency, the market of spandex has continued to rise slightly since September. As of September 21, the average price of spandex 40d specification was 33100 yuan / ton, up 4.09% compared with the beginning of the month. Recently, due to the pressure of cost, most manufacturers of spandex have been increasing their quotations. Some manufacturers say that they are in short supply with specifications. The industry starts at 80.20%, maintaining a high level. On September 16, Xinxiang Bailu investment group held the foundation laying ceremony for the project with an annual output of 100000 tons of spandex. The enterprise has successively put into operation a number of world’s first spandex production lines, with a total production capacity of 120000 tons and a total investment of more than 3 billion yuan.

Current mainstream price statistics of spandex market (unit: yuan / ton)

20D 30D 40D

Zhejiang 35000-36000 34000-35000 28000-29000

Shandong 35500-36500 34500-35500 28500-29500

Fujian 35500-36500 34500-35500 28500-29500

Jiangsu 35000-36000 34000-35000 28000-29000

Price statistics of domestic pure MDI market in September (unit: yuan / ton)

Region: September 1 – September 10 – September 21

South China 15300-15700 16600-16800 17800-18000

North China 15400-15800 16600-17000 17800-18000

East China 15300-15700 16500-16800 17700-18000

The market focus of raw material pure MD continues to move upward, manufacturers limit supply to support the market, suppliers continue to support the market, the downstream demand support is fair near the holidays, and the pure MDI market is expected to continue to run upward. In September 2020, the listing price of pure MDI of Wanhua chemical was 18000 yuan / ton, which was 1000 yuan / ton higher than that in August 2020. The market quotation is 17700-18000 yuan / ton, which is 2200-2500 yuan / ton higher than that at the beginning of the month.

The price of PTMEG is running in the market, and the factory has strong intention to offer price. It is expected that the price of PTMEG will be raised as a whole in October. At present, the mainstream quotation of 1800 molecular weight goods source is 13800-14500 yuan / ton, and the actual order negotiation is 13700-14300 yuan / ton. In terms of devices, more than 70% of the plants have been started in the industry. Among them, the 40000 tons of units in Yizheng Dalian were shut down, and the load of 46000 tons of units in Shaanxi chemical industry was restored.

In the downstream market, the start-up level of circular knitting machine and wrapping yarn Market in Xiaoshao region of Zhejiang Province is maintained at 60-70%; that in Wujiang area of Jiangsu Province is maintained at about 70%; that of lace in Fujian Province is maintained at 40% and that of warp knitting is between 60% and 70%; small orders of enterprises in Guangdong Province follow up, and the market of yarn wrapping, warp knitting and circular knitting machines is maintained at 60-80%. In recent years, the start-up of terminal weaving shows a slight growth trend. The comprehensive starting rate of Jiangsu and Zhejiang looms is above 74%, but compared with previous years, it is still in a low load, so it is still necessary to continue to take delivery of goods, and the actual transaction needs to be discussed in detail with the manufacturer.

Business agency analysts believe that the recent price rise of spandex, but the rise is relatively cautious, manufacturers to maintain stable supply, individual supply slightly tense. From the raw material market trend, pure MDI and PTMEG high shock, cost side is good, support is not reduced. The purchasing atmosphere of downstream terminal customers is general, and the overall market atmosphere is strong. Overall, it is expected that the market price of spandex will remain volatile in the short term, with a small range and strong trend.