According to the monitoring data of business agency, as of August 19, 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.

Domestic silicone DMC market runs smoothly in recent 2 weeks

Since August, the domestic silicone DMC market has been running smoothly. In the first ten days of August, there was a short-term narrow range adjustment. In the past two weeks, the market situation of silicone DMC has been “calm and steady as Mount Tai”, the market quotation is almost without fluctuation, the downstream purchasing atmosphere is dull, the demand is general, and it is mainly used as soon as it is purchased.

At the beginning of the month, the manufacturers’ quotation is mainly low, and the pressure on the manufacturers to sell the equipment is slightly lower than that at the beginning of the month. As of August 19, the domestic market trend of silicone DMC was stable, with reference to 16500-16800 yuan / ton for mainstream areas, 16200 yuan / ton for low-end quotation and 17000 yuan / ton for high-end quotation.

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

Hesheng silicon 3.58 million tons / year 16800 yuan / ton, the plant runs smoothly, and the purified water is delivered to

320000t / a of Hubei Xingfa – 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, at present, the overall market of silicon metal rose slightly compared with the beginning of August. On August 18, the reference price of silicon metal was 11208.33, up 1.97% compared with August 1 (10991.67). On August 18, the price of silicon metal in Sichuan increased by 50 yuan / ton, and the current price range was 11000-11100 yuan / ton, with an average price of 11050 yuan / ton; the price of silicon in Tianjin port area rose by 100 yuan / ton, and the current transaction range was 11300-11400 yuan / ton, with an average market price of 11350 yuan / ton; the price of silicon in Huangpu port area rose by 50 yuan / ton At present, the price range is 11200-11400 yuan / ton, and the average market price is 11250 yuan / ton.

The supply and demand is slightly deadlocked, and the downstream demand is not good, and it may fall in the later period

At present, there are not many new orders of silicone oil and silicone in the downstream of silicone DMC, and the replenishment is slow. The mode of “buy as you use” is often adopted for silicone DMC. The light market of silicone DMC also makes the downstream wait-and-see mood strong, the supply and marketing game appears, and the market is slightly deadlocked. In addition, the overall start-up of monomer plants is still on the high side. Although the inventory is low, but the demand is insufficient, it is still difficult for DMC to go up, It is expected that in the short term, the price of some factories with high quotation will fall slightly.

Price trend of 441 silicon

On August 19, the price of silicon metal (441) rose slightly. According to the data of the business agency, on August 19, the average market price of domestic silicon metal (441) was 11208.33 yuan / ton, an increase of 1.97% compared with the average market price of 10991.67 yuan / ton at the beginning of the month (8.1); 10491.67 yuan / ton, an increase of 6.83% compared with the average market price of 11833.33 yuan / ton at the beginning of the year (1.1), a decrease of 5.28%.

On the 19th, the prices of 441 silicon in different regions were as follows:

The price range of silicon metal in Fujian is 10700-10800 yuan / ton, that of Sichuan is 11000-11100 yuan / ton, that of Kunming is 10900-11000 yuan / ton, that of Shanghai is 11700-11900 yuan / ton, that of Tianjin port is 11300-11500 yuan / ton, and that of Huangpu port is 11200-11400 yuan / ton 。

After the recovery in July, the price of silicon metal is getting better

At the beginning of July, the metal silicon price hit the bottom and rebounded. The logic of this round’s rise: supply and demand, the resumption of production of large factories is delayed, downstream centralized procurement is superimposed, traders copy the bottom and store goods, and the price is low, the production enterprises are determined to support the price.

In August, Xinjiang’s transportation was restricted, the supply in the North was relatively tight, and the market price was expected to rise. At present, silicon factories have abundant orders and little capital pressure, and their willingness to raise prices is still there. Affected by the rise of rainstorm water level in some areas of Sichuan Province, two silicon factories shut down three submerged arc furnaces due to the influence of Rainstorm on cooling water circulation, and the supply of downstream silicon plants may be affected to some extent.

In the future market, the main task is to maintain stability

The market of silicone in the downstream is very good, the supply and demand of silicon metal has improved, and the willingness of manufacturers to support the price remains unchanged. It is expected that the silicon price will be stronger in the near future.

Market trend of magnesium market in 2020

On August 19, 2020, the price of magnesium ingot (99.9%, no pickling, simple packaging) in the main production areas of China will run weakly and stably, with the overall range of 12800-13000 yuan / ton, and the actual order negotiation is mainly discussed.

The specific price ranges of each region are as follows:

The ex factory spot exchange including tax in fugu district is 12750-13000 yuan / ton; Taiyuan is 12850-12950 yuan / ton; Wenxi district is 13000-13000 yuan / ton; Ningxia area is 12800-12900 yuan / ton.

The magnesium ingot is the original magnesium ingot of national standard (GB / t3499-2011); it is not pickled, has no wooden pallet and does not pay the acceptance price, and the actual order negotiation is the main one.

According to the data of the business agency, the average price of the domestic market on the 19th was 12900 yuan / ton, a decrease of 0.26% compared with the average price of 12933.33 yuan / ton at the beginning of July (8.1) and 14166.67 yuan / ton at the beginning of July (1.1), a decrease of 8.94%. In recent years, the price of magnesium ingot is weak and stable, and the quotation of mainstream production areas has little change.

Weak demand for magnesium ingots in the first ten days of August

At present, the external quotation of magnesium ingot is basically stable. Due to the influence of cost factors, the willingness of mainstream manufacturers to reduce the quotation has moved down. However, due to the obstruction at the export end, the downstream customers of domestic demand just need to purchase, and the middlemen purchase sporadically, and the willingness to lower the price is strong, and the actual transaction price in the market is slightly loose.

The weak operation of magnesium ingots in the first ten days of August is mainly due to the poor demand. It is learned that there is not much trading in the market at present, and the domestic downstream manufacturers have relatively sufficient stock in the early stage. At present, they are basically purchasing on demand, and they are not willing to stock up in large quantities. Considering the cost factors, magnesium ingot manufacturers have little room for price reduction at present, and the game between supply and demand in the market is intensified.

Future forecast

Some factories may be shut down for maintenance, and the supply side has a certain positive effect on magnesium price, but based on the reality of weak demand, it is difficult for the demand side to improve significantly in the short term; supply pressure still exists in the short term. It is expected that the weak and stable operation will become normal in the later stage, and the change of downstream purchasing rhythm will be focused in the later stage.

1、 Trend analysis

On August 19, the spot copper price was 52305 yuan / ton, up 2.26% compared with the previous day, 6.67% higher than that at the beginning of the year, and 12.53% higher than that at the beginning of the year. LME copper’s 3-month contract rose rapidly to US $6686 at the beginning of the trading, and then came under pressure. The Asian stock market closed at US $6633, up 0.52%; Shanghai copper’s main force continued to rise 52520 yuan in the morning, then fell back to close at 52150 yuan, an increase of 2.60%.

Global copper smelting activity fell in July to its lowest level in more than two years, with the weak performance appearing to be partly due to increased maintenance at smelters. China’s refined copper production was 814000 tons in July, flat on a year-on-year basis, down 5.3% month on month, according to data released by the National Bureau of statistics on Tuesday. Rio Tinto lowered its annual production target to 135000-175000 tons, up from 165000 to 205000 tons. LME copper stocks fell to a 13 year low on Tuesday as inventories continued to flow out and overseas inventories continued to decline. In the spot market, the sellers hold the price and are reluctant to sell, while the middlemen just need to buy. They are afraid of high and wait-and-see mood in the lower reaches, and the transaction is not so good.

In view of the above situation, the decline of overseas inventory of refined copper and the decline of output have led to the rise of copper price. However, the market is still in the end of the off-season in August, and the copper price is expected to remain high and volatile.

According to the price monitoring of business agency, the domestic PTA spot market price maintained a small decline on August 18, with the average spot market price of 3619 yuan / ton, down 0.06% compared with the previous trading day, and 32.13% lower than that of the previous trading day. PTA main futures (2101) closed slightly lower, closing at 3762, down 6% from the previous trading day.

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

Huabin Petrochemical 140 plans to overhaul for 10-15 days in late August 2020

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

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

Ningbo Taihua 120 will be overhauled on August 3, 2020 and restarted on August 17, 2020

Yadong Petrochemical 70 plans to overhaul for 3 days at the end of August 2020

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

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

220. Reduce the negative rate by 50% on August 6, 2020 and resume on August 7, 2020

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

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

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

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

Fuhai Chuang 450 will reduce the load by 70% on August 12, 2020, which is expected to last for a week.

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

PTA market traders mainly buy, spot trading atmosphere is not good. In terms of units, the PTA units of Honggang and Ningbo Taihua are in the process of heating up and restarting. Yangzi Petrochemical plant is also planned to restart this Friday, and the supply will increase again, which is detrimental to the market mentality. At present, PTA start-up load is around 83%.

The new polyester plant put into operation in the early stage of downstream is in normal operation, and the demand performance is relatively stable, and the starting load of polyester is 87.68%. In terms of inventory, the overall inventory of polyester market is concentrated in 33-40 days. In terms of specific products, POY inventory is up to 11-18 days, FDY inventory is around 22-32 days, and DTY inventory is about 30-40 days. In terms of price, from the end of July to the beginning of August, the price of polyester filament fluctuated and rose, and the cash flow of POY and FDY gradually improved. So far, some FDY models have turned losses into profits. Considering that the price of polyester filament is at a historical low point, texturing and weaving enterprises are still willing to buy if there is no financial pressure. If the raw materials are properly promoted, downstream users will still consider bargain hunting.

The terminal orders have improved, and the comprehensive starting rate of Jiangsu and Zhejiang looms has increased to 63.30%, but it is still at a low level compared with the same period last year. China Light and Textile City summer thin fabric transactions continue to decline, domestic market there are many suppliers in autumn and winter fabric proofing continued to increase, local orders increased. Foreign trade market, especially the arrival of autumn and winter fabric orders, gradually opened up the situation, sales began to increase locally.

Xia Ting, an analyst at the business agency, believes that with the restart of some units, PTA supply is expected to be relaxed, and the inventory of the industrial chain is high, and there are still worries about the domestic sales and export sales of the terminal. Therefore, it is expected that PTA price will weaken in the short term and adjust mainly.

1、 Acrylic acid price trend

(Figure: P value curve of acrylic acid products)

2、 Market analysis

Recently, the market of acrylic acid has been rising steadily. As of August 18, the average price of acrylic acid quoted in East China was 7216.67 yuan / ton, up 1.88% compared with last Monday (August 10) and 0.23% lower than that on July 18, according to the data from the bulk list of business agencies.

Last Monday (August 10), the average price of acrylic acid in East China was 7083.33 yuan / ton, and the price of raw material propylene was still upward. The downstream enterprises maintained the rigid demand procurement, the inquiry and transaction were light, and the market was running smoothly. On the 17th, some enterprises raised their prices. At present, the price of raw material propylene was running at a high level. Under the cost pressure, the market price was hard to find. On the 18th, some enterprises raised their offers Market trading atmosphere gradually active.

According to the data monitoring of the business agency, the price of acrylic acid of some enterprises in recent years (for reference only, the actual transaction price is mainly negotiated)

Enterprise market price specification date

Jinan aochen Chemical Co., Ltd. 7500 yuan / T, line standard: ordinary acid; grade: superior product: August 18, 2020

Jinan aochen Chemical Co., Ltd. 9700 yuan / T refined acid, 99.7% content, 2020-08-18

Jinan-08, grade of YOUPU Chemical Co., Ltd

Aite (Shandong) new materials Co., Ltd. 6800 yuan / T. industry standard: Pu acid; grade: superior product: August 13, 2020

Jinan Mingwei Chemical Co., Ltd. 6800 yuan / T, line standard: common acid; grade: superior product: August 12, 2020

Upstream propylene, as of August 17, the market price of propylene in Shandong has declined slightly. According to the price chart of business agency, the recent price of propylene fluctuates periodically, and the price range of recent fluctuation has broken through. According to the price chart of business agency, the recent price of propylene fluctuates periodically, and the price range of recent fluctuation has broken through. At the beginning of August, the price was at a high level in the range. Since the end of the week, the price of some enterprises has been slightly up and down. On the 5th, it has been stable. From 6th to 10th, the first round of rising trend of breaking through the range of this month was started. On the 11th, the prices of some enterprises went down. On the 14th, the prices of some enterprises continued to decline. Today, the prices were generally stable, and some enterprises still went down The price is between 6950 yuan / ton and 7250 yuan / ton, and the mainstream price is about 6950 yuan / ton. Propylene manufacturers stable shipment, inventory without pressure.

3、 Future forecast

Acrylic acid analysts of the business community believe that the current price of raw material propylene is high, the cost support is strong, and the downstream demand is gradually recovering. It is expected that in the short term, the market situation of acrylic acid may be stable and better.

The sulfur commodity index on August 18 was 41.33, up 2.19 points compared with yesterday, 60.20% lower than 103.84 points (2011-11-02), and 60.26% higher than the lowest point of 25.79 on February 24, 2020. (Note: period refers to 2011-09-01 to now)

According to the price monitoring of business agency, the average price of sulfur production in East China was 753.33 yuan / ton, with a daily increase of 5.61%. At present, the sulfur inventory of domestic refineries is low, and the supply of liquid sulfur is tight. Under the performance of supply and demand, it supports the market. On Tuesday, refineries in various regions made quotations according to their own shipment situation. Most of the quotations were raised, while a few were temporarily stable. Sinopec’s quotation for solid-liquid sulfur in East China was increased by 30 yuan / ton; Sinopec’s quotation for solid-liquid sulfur in East China was increased by 20 yuan / ton; solid sulfur in Shandong area of Sinopec was increased by 60 yuan / ton and liquid sulfur was increased by 40 yuan / ton.

The downstream sulphuric acid market has been running steadily for a while. The domestic acid market is obviously regionalized, with high and low prices coexisting. In the aspect of ammonium phosphate, the market of ammonium monoammonium was reorganized and operated, downstream factories purchased on demand, the market atmosphere was weak, the market trend of diammonium was better, the downstream demand was better, and the market price continued to be firm.

Aftermarket forecast: at present, most of the quotations of domestic sulfur enterprises are rising, and the price of sulphuric acid market is firm, and the later market may be improved under the support of domestic market.

1、 Price trend

The average price of TDI market in East China on the 18th was 14000.00 yuan / ton, up 10.53% compared with yesterday and 1.94% higher than last year, according to the data from the bulk list of business agencies. On August 18, the TDI commodity index was 74.07, up 7.05 points from yesterday, 70.14% lower than 248.02 points (2016-10-19), and 40.92% higher than the lowest point of 52.56 points on May 5, 2020. (Note: period refers to 2011-09-01 to now).

2、 Market analysis

Last week, suppliers intensively released good news. TDI raised the weekly guidance price of manufacturers for three consecutive weeks, and the quotation of kosstro rose last Thursday, and Wanhua stopped receiving orders on Friday. In addition, the supply side intended to pull up, the market continued strongly this week. Wanhua chemical’s guiding price this week was increased by 2000 yuan to 15000 yuan / T. under the sharp pull-up of the factory guidance price, the dealers followed the factory’s offer. At present, the East China market is in a high consolidation level, and the enterprise’s offer remains at a high level. As of the 18th, the quotation of domestic goods with bill of lading in East China is 13500-14000 yuan / ton, and that of Shanghai is 13700-14500 yuan / ton.

On the upstream side, the trend of toluene market is stable. Affected by the lower demand for blended oil and solvent in the downstream, the demand for toluene is weak, and the trading atmosphere is weak. On the other hand, the international crude oil has been pushed up and down, which is generally stable. Considering the impact of economic recovery on crude oil demand and the trend of international crude oil, the toluene market may fluctuate slightly.

3、 Future forecast

According to the data analysis of the business agency: at present, the domestic TDI market tends to be strong. After the factory guide price rises sharply, the dealers follow the factory’s offer to a high level. The downstream side resists the high price. The business operators are cautious and the supplier’s support is obvious. In the short term, the domestic TDI market may be consolidated at a high level.

1、 Price trend

The comprehensive price of potassium chloride is temporarily stable this week. This week, the average price of the mainstream comprehensive quotation of potassium chloride was 1850.00 yuan / ton, which was 18.32% lower than the same period last year. Overall, this week’s potassium chloride market temporarily stable, on August 14, the potassium chloride commodity index was 58.73.

2、 Market analysis

This week, the quotation of mainstream manufacturers of potassium chloride is temporarily stable: the ex factory quotation of Qinghai Salt Lake potassium chloride at weekend is 1820 yuan / ton, which is temporarily stable compared with the beginning of the week; the quotation of Anhui Badou potassium chloride distribution at weekend is 1880 yuan / ton, which is temporarily stable compared with the beginning of the week. The actual turnover of potassium chloride market this week is not good. Overall, the main contradiction in the market is that supply exceeds demand, the trading atmosphere is cold, the downstream procurement is mainly on demand, the overall inventory is low, the purchasing market momentum is low, and the domestic potassium chloride market is stable.

3、 Future forecast

In mid August, the overall trend of potassium chloride market or low consolidation. The market of potassium chloride is facing the pressure of three mountains, namely, the large stock in Hong Kong, the weak demand and the downward trend of international prices. Therefore, the main contradiction in the current market is that supply exceeds demand. Potassium chloride analysts of the business club believe that the short-term potassium chloride market is mainly low consolidation under the influence of supply and demand and raw materials.

The domestic ethanol market has been reorganized and operated. According to the monitoring of business agency, the domestic ethanol market price was 6187 yuan / ton at the beginning of the week and 6175 yuan / ton at the weekend. During the week, the price dropped slightly, down 0.20%, and the price rose by 2.28% month on month compared with the same period of last month and 14.78% higher than that of the same period last year

This week, the domestic ethanol market was sorted out and operated. From the perspective of raw corn, first of all, the transaction price of raw corn fell this week. Secondly, some production enterprises in Henan Province resumed normal operation this week, and the inventory of enterprises increased relatively in a short time. Finally, the downstream demand is mainly on demand, and many small orders are traded. In the short term, the domestic ethanol market fluctuates less.

Logistics: at present, freight fluctuation is not big. This week, Heilongjiang Shandong Dezhou freight is about 280 yuan / ton, Anhui Nanchang 250 yuan / ton, Henan Sichuan 500 yuan / ton, Guangxi Qinzhou Guangdong Dongguan 160-220 yuan / ton.

In terms of raw materials, corn: according to the business agency, in August, the auction of state-owned corn continued, and the auction was still hot. Since the price of corn has been rising sharply since July, the rise is small, more than 1%. Due to the continuous high price of corn, CSGC adjusted the bidding rules for many times, alleviated the transaction premium of corn auction, and the average auction price dropped slightly compared with the end of July. Corn spot prices have also stabilized.

Ethyl acetate: the domestic ethyl acetate Market rose slightly this week. At present, the production of ethyl acetate is stable, the spot supply is sufficient, and the short-term demand for raw materials acetic acid and ethanol is not favorable for the time being. The domestic market of ethyl acetate is mainly on a wait-and-see manner.

In the future, the ethanol analysts of the business club predicted that the short-term domestic ethanol market would still be sorted out and operated.