1、 Price trend

According to the monitoring data of the business agency, the average ex factory price of ammonium sulfate in China on August 10 was 576 yuan / ton, and that on August 14 was 583 yuan / ton. The price rose by 1.15% this week.

2、 Market analysis

The price of domestic ammonium sulfate is rising this week. The main ex factory quotation of ammonium sulfate in Central China is about 550-650 yuan / ton, that of Henan Province is 530-580 yuan / ton, that of Hebei Province is 470-600 yuan / ton, that of Shandong Province is 500-580 yuan / ton, that of East China is 550-650 yuan / ton, that of North China is 500-650 yuan / ton The main ex factory quotation of ammonium sulfate is 520-630 yuan / T.

This week, the downstream compound fertilizer market is calm and stable. Mainly in autumn fertilizer preparation, the current market is flat, the industry mentality is calm. Compound fertilizer market in the short term a small shock.

3、 Future forecast

Business Club ammonium sulfate analysts believe that the current domestic demand for coking grade ammonium sulfate Market is less, the market trend is weak. The domestic supply of ammonium sulfate is tight, and the price remains firm. It is expected that ammonium sulfate will be the main treatment in the short term.

According to the data of business agency, the average weekly quotation of formic acid in domestic industrial water purification this week is 1716.67 yuan / ton, and the overall formic acid market is relatively stable this week.

2、 Market analysis

This week, the domestic industrial grade 85% formic acid market as a whole showed a relatively stable trend, and the price was flat compared with the same period last month. In terms of equipment: the manufacturers and distributors operate normally and the shipment is acceptable. This week, the supply of formic acid market is fair, and the enterprises have inventory. In terms of price: this week, the quoted price of enterprises is basically around 1716.67 yuan / ton, the mainstream ex factory price of formic acid for industrial water purification is about 1350-1600 yuan / ton, and the quotation of mainstream dealers is at 2750 yuan / ton. As of Friday (August 14), Zibo Pulis Chemical Co., Ltd. offered 1400 yuan / ton; Zhangzhou San’an Chemical Co., Ltd. offered 1350 yuan / ton; Hangzhou Fengchang Trading Co., Ltd. offered 2100 yuan / ton of 85% formic acid in barrels; Jintan local supply and Marketing Co., Ltd. offered 1950 yuan / T; Jinan senhong New Trade Co., Ltd. offered 2700 yuan / T.

The domestic liquid ammonia Market of formic acid upstream products has been running steadily, some of which have been rising steadily. The urea market has raised the price this week, the overall situation of methanol has declined slightly, and the domestic caustic soda market has declined slightly, and the overall trend has been stable. The upstream products generally support the formic acid market, while the downstream products such as leather and pesticide industries are relatively stable, and the sales situation is general. This week, there is a small decline in formic acid products.

3、 Future forecast

According to the formic acid data analyst of the business agency, the overall price of 85% industrial grade formic acid in China is relatively stable, and the current price is slightly adjusted compared with the same period last month. Recently, the inventory of dealers is fair, the upstream and downstream demand is relatively cold, and the enterprise’s shipment is not much. It is expected that the domestic industrial grade 85% formic acid market will be mainly consolidated in the short term.

1、 Price trend

According to the data of the business agency, as of August 13, the average price of maleic anhydride by benzene hydrogenation method was 6766 yuan / ton (including tax), and the overall market was stable and upward, with an increase of 5.18% compared with the average price of 6433 yuan / ton in the same period of last month.

On August 12, the commodity index of maleic anhydride was 63.74, which was the same as yesterday, decreased by 48.46% from the highest point of 123.67 in the cycle (December 26, 2017), and increased by 24.54% from the lowest point of 51.18 on April 14, 2020. (Note: period refers to 2011-09-01 to now).

2、 Analysis of influencing factors

Products: due to the negative impact of the maintenance of enterprises in the main production areas, the supply of maleic anhydride market in China is limited recently, and the enterprise’s inventory pressure is not great, so the ex factory price has risen steadily. However, the downstream resin industry starts to operate at a low level, but the enterprise’s inventory is low, so the demand side still exists, and the price support for maleic anhydride is acceptable.

Industrial chain: the center of gravity of hydrobenzene market has fallen, and enterprises have successively lowered the ex factory prices. The demand of downstream market is limited, and the sentiment of price reduction is obvious; the downstream resin industry is in a horizontal arrangement, and the overall market start-up is low, and the terminal demand is still flat.

3、 Future forecast

Business Club maleic anhydride product analysts believe that, although the downstream market demand is flat, but the overall supply of maleic anhydride market is tight, the supply side of maleic anhydride price support is still good, and the enterprise inventory pressure is not big, so the short-term stable operation.

1、 Price data

According to the data from the business club’s bulk list, the prices of domestic refiners’ petroleum coke products were slightly consolidated. On August 13, the average price of petroleum coke in the market was 1209 yuan / ton, which was 2.25% lower than that of last year. On August 12, the commodity index of petroleum coke was 95.28, unchanged with yesterday, 38.76% lower than 155.59 (2018-01-25), and 42.44% higher than 66.89, the lowest point on March 28, 2016. (Note: period refers to 2012-09-30 to now)

2、 Analysis of influencing factors

The price of petroleum coke has been relatively stable in recent years, and some refineries have been hindered in shipping due to high price, and the price has been lowered. PetroChina and CNOOC are mainly weak and stable, while Sinopec’s refineries are up. The price of low sulfur coke dropped to a low level, and the price of medium and high sulfur coke increased. However, the overall market of petroleum coke showed a stable operation, because the price trend of medium and low sulfur coke was differentiated, and the market showed a pattern of rising and falling.

Upstream: crude oil prices overall high volatility, continued consolidation operation. In terms of international crude oil, although the market is worried about OPEC’s relaxation of production reduction, the US crude oil inventory has decreased significantly, and the impact of the continued weakening of the US dollar has made the international crude oil price center shift upward.

Downstream: Recently, glass prices have continued to rise, and the current demand of the terminal market is steadily increasing, which has a good supporting role for the production enterprises to leave the warehouse. In the near future, market confidence has also improved by a large margin, and market transactions are fair. The price rotation of production enterprises in each region can promote the price support of local and surrounding markets. Electrolytic aluminum market showed a high decline, carbon market was troubled by upstream and downstream factors and poor profitability.

Industry: according to the price monitoring of business agency, there are 9 commodities in the energy sector’s rise and fall list of commodity prices in the 31st week of 2020 (8.3-8.7), with WTI crude oil (4.17%), Brent crude oil (3.61%) and naphtha (2.45%). There were five kinds of commodities that declined on a month on month basis. The top three products were dimethyl ether (- 1.75%), fuel oil (- 1.33%) and steam coal (- 1.27%). Both were up and down 63.0% this week.

3、 Future forecast

The oil coke analysts of business agency think: the price of low sulfur coke falls to a low level because of the poor performance of carbon market for steel, and the price of medium and high sulfur coke is relatively stable due to the high fluctuation of electrolytic aluminum market. However, due to the high decline trend of electrolytic aluminum market, the rising foundation of medium and high sulfur coke is not firm, and there are downward risks. It is comprehensively predicted that the price of Petroleum Coke will be weak and stable in the later stage Based on the demand of downstream market.

1、 Price trend

According to the monitoring of bulk commodity data, since August, the domestic isopropanol price has declined as a whole, with the average price of domestic isopropanol of 9425 yuan / ton on the first day and 7233.33 yuan / ton on the 13th, with the price falling by 23.25%.

2、 Market analysis

In August, the price of isopropanol in China continued to fall. In the international market, isopropanol continued to fall in the US market, while the European market closed stable. With the gradual improvement of the international situation, the overseas demand for disinfectants has decreased, the demand for isopropanol has decreased, and the overseas orders have been reduced, and the price has declined. Domestic market center of gravity moves down synchronously, inquiry is more, wait-and-see, take goods very carefully. Up to now, the negotiation range of isopropanol in Shandong Province is about 6700-7300 yuan / ton, and that of Jiangsu Province is 7300-7400 yuan / ton. The negotiation range of isopropanol in South China is around 7400 yuan / ton.

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

In terms of raw material acetone, the domestic market price of acetone continued to be depressed. In terms of ports, about 10000 tons of goods were supplied from Saudi Arabia in late August. Domestic factories started to operate at a high level, and the supply side was sufficient. The cargo holders showed a slight pressure. Up to now, the market reference offer in East China is about 5400-5450 yuan / ton. The lower price of acetone leads to weak cost support of isopropanol, unstable market mentality and obvious price decline.

In the aspect of raw material propylene, the market price of propylene in Shandong Province is generally stable. The mainstream price is about 7000 yuan / ton. Propylene manufacturers stable shipment, low inventory. At present, propylene isopropanol is not affected by raw materials.

3、 Future forecast

Isopropanol analysts of chemical branch of business society believe: the market price of raw material acetone continues to be low, and the market price of propylene is generally stable. Overall, isopropanol cost support is weak. On the demand side, the export advantage weakened and the favorable foreign trade slowed down. It is expected that the price of isopropanol will continue to fall in the short term, and the follow-up attention will be paid to the changes in the news.

1、 Melamine price trend

(Figure: P value curve of melamine product)

2、 Market analysis

On August 12, the melamine market was stable. According to the monitoring sample data of business agency, as of August 12, the average price quoted by melamine enterprises was 5366.67 yuan / ton, which was flat compared with the previous trading day, and increased by 5.92% compared with July 12 (5066.67 yuan / ton). At present, the enterprises mainly implement the early orders, and there is no pressure to carry out the goods. The overall supply of the market is sufficient, and the downstream just needs to purchase. The market atmosphere is general.

On August 11, the melamine commodity index was 57.71, up 0.36 points compared with yesterday, 42.29% lower than 100.00 points (2011-09-18), and 5.93% higher than 54.48 points, the lowest point on July 26, 2020. (Note: period refers to 2011-09-01 to now)

According to the data monitoring of the business agency, melamine prices in some regions (for reference only, the actual transaction price is mainly through negotiation): the price of melamine in some areas is higher than that in other regions

Regional price date remarks

Shandong region 5500 yuan / T, ex factory quotation on August 22

Price of 4900 yuan / ton in Xinjiang on August 22

Sichuan Province ￥ 5300 / T, ex factory quotation on August 22

Henan Province ￥ 5300 / T, ex factory quotation on August 22

Upstream urea, recent (8.1-8.12) Shandong urea market rose. The upstream liquid ammonia has dropped slightly recently, and the cost support is general. Affected by the printing mark, the downstream demand is strong. The rubber plate factory and the compound fertilizer plant follow up appropriately, and the middlemen take delivery carefully.

3、 Future forecast

Melamine analysts in the business agency believe that the recent rise in the price of raw material urea, the cost side has a certain support, the overall market supply is sufficient, but the demand side performance is general, it is expected that in the short term, the melamine market will be mainly stable.

According to the monitoring data of business agency, as of August 12, the average price of silicone DMC market quotation in the mainstream areas of data monitoring was 16666.67 yuan / ton, which was increased by 66.67 yuan / ton or 0.40% compared with August 1.

In the first ten days of August, the market of silicone DMC was stable as a whole

In August, the overall market of silicone DMC in China was stable, and the quotations of some factories were adjusted in a narrow range. At present, the operating rate of the plants was on the high side. During the exhibition, the manufacturers had a strong sense of price support, and some manufacturers still had unfinished orders in the early stage. Therefore, the current sales pressure was small and the quotation was firm. However, the number of new orders received by most manufacturers was significantly reduced Lack of confidence, the market as a whole trading atmosphere is general, just need procurement is OK. On August 12, organosilicon DMC rose slightly. Some low-end quotation enterprises raised the quotation of silicone DMC by about 100 yuan / ton. At present, the mainstream quotation of silicone DMC is in the range of 16200-17000 yuan / ton.

According to the business agency, the following is the DMC price and the start-up situation of some domestic silicone enterprises (for reference only)

Remarks on the total capacity, price and operation of the plant

Zhejiang Xin’an Chemical Co., Ltd. runs 340000 T / a 17000 yuan / T unit smoothly, and purified water is delivered to

Tangshan Sanyou Chemical Co., Ltd., 200000 tons / year — normal operation of the plant

Zhejiang Zhongtian 120000 T / a 16800 yuan / T unit operates smoothly with tax included in purified water

150000t / a 16500 yuan / T plant in Jinling, Shandong

Luxi Chemical Co., Ltd., 80000 tons / year, 16200 yuan / ton, normal operation of the plant, and cash delivery of purified water

Inner Mongolia hengyecheng 240000 / T 17000 yuan / T unit normal operation, purified water tax included

On the upstream side, since August, the overall metal silicon market has been stable and slightly rising. On August 11, the reference price of silicon metal was 11166.67, up 1.59% compared with August 1 (10991.67). The price of ᦇ 441 silicon in Sichuan is stable, and the current price range is 10900-11100 yuan / ton, with an average price of 11000 yuan / ton; the price of ා 441 silicon in Shanghai is stable, with the current price range of 11700-11900 yuan / ton, with an average price of 11800 yuan / ton; the price of silicon market in Fujian Province has risen by 100 yuan / ton, with the current price range of 10700-10800 yuan / ton and the average market price of 10750 yuan / ton/ Tons.

Short term adjustment of silicone DMC due to insufficient demand

At present, the silicone DMC downstream replenishment is slow, and the new unit turnover is small, which is difficult to give strong upward momentum to silicone DMC. However, the current growth trend of downstream silicone rubber is relatively optimistic, or it can drive a small increase in silicone DMC. However, the actual downstream manufacturers are more cautious about the stock ratio of silicone DMC, and the shortage of demand can be really alleviated. The price can only be explored in a small range, which can not be ruled out Some manufacturers should pay more attention to the relationship between supply and demand as well as the start-up situation of the unit.

1、 Trend analysis

According to the nickel price monitoring of the business agency, on the 12th, the spot nickel price was 111216.67 yuan / ton, down 1.97% from the previous trading day, 9.46% year-on-year and 2.21% lower than the beginning of the year. LME copper’s 3-month contract rose 1.07% to close at $6304 at the end of Asian trading. Shanghai nickel’s main market opened at 112270 yuan. After a small increase, the price rebounded and closed at 112300 yuan, up 0.15%. LME3 nickel closed at US $14155, up 1.22%.

2、 Market analysis

Standard & Poor’s, an international agency, raised the global nickel supply surplus to 11000 tons in 2020. Previously, domestic stainless steel prices rose sharply to drive some nickel demand, but in the short term, the overall supply of global nickel market is still surplus, and there is still pressure above the nickel price. In terms of demand, the actual terminal demand has not increased significantly, and the number of transactions has not changed significantly. Recently, due to the impact of imported cases from the Philippines, the quarantine of major ports has been strengthened. Lianyungang port, as the largest port for handling nickel ore, has been affected seriously. At present, the shipping date has not been affected, but the unloading and picking up cycle has become longer. If the epidemic continues, the quarantine will be strict and the duration will be longer, and the transportation vessels will be tense, and the shipping schedule may be delayed.

3、 Future prospects

Post market forecast: the nickel ore industry has pressure on the port, which supports the nickel price. However, the global overall supply is surplus, the actual demand of downstream has not increased significantly, and it is in the off-season of consumption. It is expected that the nickel price will fluctuate widely in the near future.

1、 Price trend

According to the business agency monitoring, the price of steam coal is lower. On August 11, the average port price of steam coal remained at 560 yuan / ton, while on August 1, the average price of steam coal was 573 yuan / ton, a slight decrease of 2.23%, and a decrease of 4.6% compared with last year.

The commodity index of steam coal on August 10 was 67.71, down 0.45 points compared with yesterday, 34.27% lower than 103.01 points (2011-11-15), and 51.48% higher than 44.70 points, the lowest point on January 20, 2016. (Note: period refers to 2011-09-01 to now).

2、 Analysis of influencing factors

In terms of origin, the coal mine shipment in Shaanxi Province has been up and down, high-quality coal has been shipped faster, coal prices have been slightly increased, some coal blending varieties are unsalable, there are overstocked manufacturers, and the price is weak and low; the steam coal market in Shanxi and Inner Mongolia is mainly stable, some coal pipe tickets are used up at the end of the month, and the supply and demand of most of the coal mines are basically balanced. The coal market in northern Shanxi is stable in supply, normal in shipment, fair in local sales and stable in coal price.

In terms of downstream power plants: in recent days, the rainfall in southern China has decreased, the temperature has increased, and the power plant’s demand for steam coal has increased. However, due to the high inventory of power plants, the power coal is mainly purchased on demand at this stage. At present, the mainstream closing price of 5500 kcal steam coal is about 555-560 yuan / ton, and the closing price of 5000 kilocalories is about 502-507 yuan / ton. According to the data, as of August 4, the coal consumption of key power plants was 4.43 million tons, an increase of 830000 tons compared with the beginning of last month, and an increase of 410000 tons compared with the same period last year; the daily coal consumption of zheneng Electric Power Co., Ltd., one of the six coastal power plants, was 129000 tons on August 10, an increase of 6000 tons compared with 123000 tons at the beginning of last month, and a decrease of 3000 tons compared with the same period last year.

Business agency analysts believe that: in recent days, the weather in southern China has decreased, the temperature has increased, and the power plant’s demand for steam coal has increased. Due to the high inventory of the power plant, at this stage, the steam coal is mainly purchased on demand, and some terminals are mainly to go to the warehouse, so the purchasing pace is slowing down. In the process of downstream destocking, it is difficult for coal prices to have a good support. In the later stage, it is still necessary to wait and see the situation of a new round of replenishment in the market. It is comprehensively predicted that the short-term steam coal prices will still be dominated by the whole operation within the range, which depends on the downstream market demand.

1、 Price data:

According to the data monitoring of the bulk list of business associations, affected by the decline in supply, the price of bromine in Shandong continued to rise. As of August 11, the average price of bromine in Shandong was about 27666 yuan / ton, up 2.05% compared with the beginning of the month, and fell by 6.44% compared with the same period last year.

2、 Cause analysis

Products: at present, the domestic bromine market is affected by the rainy season and enterprise maintenance, the spot supply of the market is tight, the downstream flame retardant and intermediate market is mainly on demand, the bromine enterprises have little inventory pressure, and the enterprises have good intention to pull up. At present, the mainstream bromine enterprises offer about 27500-28000 yuan / ton.

Industry chain: sulfur market is high and firm, exploratory inquiry increases, some enterprises and traders are reluctant to sell goods, at present, about 690 yuan / ton; sulfuric acid market is stable, spot supply of the market is slightly decreased, and enterprise shipment situation is fair, about 427 yuan / ton; caustic soda Market is weak, the market starts smoothly, and the downstream market demand is flat, at present, about 475 yuan / ton. The main downstream flame retardant market purchase of bromine is still mainly based on rigid demand, and the market start-up is flat, and the industries such as pharmaceutical and pesticide intermediates are generally started, and the demand side does not support the price of bromine.

3、 Future forecast

Analysts of bromine industry of business society believe that at present, the overall supply and demand of bromine market is in a tight balance state, enterprises’ inventory pressure is not big, and the price intention is good. However, in the long run, the demand in the downstream market is still weak, and there is insufficient support for bromine price. It is expected that the bromine price will rise steadily in a short time.