On July 23, the U.S. WTI crude oil futures market price fell, with the settlement price of the main contract at $41.07/barrel, down $0.83. The price of Brent crude oil futures market fell, with the settlement price of main contracts falling by $0.99 to $43.31/barrel, while oil price fell by about $1. The market was worried about whether the US economic stimulus package could be reached. In addition, the number of jobless claims increased at the beginning of last week, the number of superimposed epidemic cases increased sharply, and concerns about future fuel demand increased.

The U.S. stock market fell sharply on Thursday, with the S & P 500 index falling by more than 1%, stopping from the previous four days of continuous gains and the largest one-day decline since June 26. The increase in the number of people applying for unemployment benefits announced by the U.S. Department of labor at the beginning of last week was the fuse for the decline of the stock market, and the fundamental reason was that the increasingly serious epidemic situation had brought a heavy blow to the economy. At the macro level, the bad news spread to the oil market, and the oil price fell by about 2%.

Prior to that, on Tuesday and Wednesday, the increase of crude oil inventory in the week of 17 announced by API and EIA of the United States both exceeded expectations. The negative atmosphere has gradually enveloped the national oil market, but the price fluctuation is not big, which is mainly covered by the good news of the basic landing of EU recovery fund and breakthrough in vaccine. However, the market is generally worried about whether the US economic stimulus plan can be reached in Congress. This has cast a shadow on the current complex oil market. Oil prices also closed lower amid uncertainty.

At present, the factors restricting crude oil to continue to rise are still demand concerns. According to the data of the US Energy Information Agency (EIA), the average crude oil processing capacity of US refineries last week was 14.2 million barrels / day, which was lower than 14.4 million barrels / day two weeks ago. Due to the decline in fuel demand, US refiners have cut crude oil processing capacity for the second consecutive week. Since the beginning of May, fuel demand has continued to grow strongly. At present, the signs of slowing down indicate that the market has changed. The U.S. epidemic is becoming more and more serious, with a surge of new cases in some states, the restart of social isolation measures, and the reduction of road traffic volume, resulting in a weak gasoline consumption. In addition, aviation kerosene demand also decreased significantly. According to relevant data, in the week of 17, distillate oil supply was 20% lower than the average level of the previous five years, and aviation fuel supply was 38% lower than the five-year average level.

On the whole, the business club believes that under the background of the rising epidemic situation, it may be difficult for the oil market to get out of the independent upward market. There are too many uncertain factors in the market. At present, under the premise of strict production reduction and supply reduction in oil producing countries, the international oil market is basically in the stage of supply and demand rebalancing. At present, the oil price is also stuck at the $40 level. It is expected that this balance will not be broken in the near future, and the oil price will continue to fluctuate in a narrow range in the short term.

According to the price monitoring of the business agency, the domestic spandex market has been declining in the past three months. As of July 23, the average price of spandex 40d specification was 31100 yuan / ton, a decrease of 6.61%, and a year-on-year decrease of 3.12%.

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

20D 30D 40D

Zhejiang 35000-36000 34000-35000 28000-28500

Shandong 36000-37000 34500-35500 28500-29000

Fujian 37000-38000 34500-35500 28500-29000

Jiangsu 35000-36000 34000-35000 29000-31200

At present, the spandex industry is about 80% of the start-up. The supply of the factory is abundant. There is some resistance to the factory’s shipment. In addition, the inventory in the early stage is overstocked, and some manufacturers make a bargain at a low price. At present, the reference for 20d spandex mainstream negotiation in Jiangsu and Zhejiang provinces is 35000-36000 yuan / ton; for 30d spandex, it is 34000-35000 yuan / ton; for 40d spandex, it is 28500-29500 yuan / ton, and the actual transaction is discussed in detail.

Summary of production and sales trends of domestic PTMEG manufacturers

Address of enterprise with annual capacity of 10000 tons

Shanxi 3D and Shanxi Hongdong 5 are in parking, and there is no plan to restart temporarily

Yizheng Dalian Jiangsu Yizheng 4 parking

Sinopec Great Wall energy chemical Ningxia Yinchuan 9.2 unit load is not high

Henan Nenghua Henan Hebi 6 parking

The load of Xinjiang Meike Xinjiang Korla 5 unit is not high

It is planned to overhaul the 4.6 unit in Lanshan Tunhe and Changji, Xinjiang on the 25th

In the raw material market, the domestic PTMEG market is weak in operation, and the supply is relatively stable. The supplier is mainly responsible for receiving orders and negotiating with the company to ship. The cost pressure still exists and the profit margin is limited. In terms of price, the mainstream quotation of 1800 molecular weight goods source is 13800-14800 yuan / ton, and the actual negotiation price is 13800-14300 yuan / ton. In terms of units, the PTMEG industry started 50% of the total, Shanxi sanwei 50000 tons, Yizheng Dalian 40000 tons, Henan energy and chemical 60000 tons of plant shutdown, there is no restart plan; Sinopec Great Wall energy and chemical 92000 tons, Xinjiang Meike 50000 tons of load is not high; Xinjiang Lanshan Tunhe 46000 tons of units are planned to be overhauled around the 25th. In addition, the market focus of pure MDI is downward, and the factory’s shipping pressure is still strong. The suppliers are willing to negotiate the shipment. The market quotation in South China, East China and North China is 12500-13000 yuan / ton, which is 800-1000 yuan / ton lower than that in April.

Under the background of the current textile off-season, the actual demand capacity of the downstream is limited, and the rigid demand procurement is mainly used. The market starts generally in Xiaoshao area of Zhejiang Province. The starting level of circular knitting machine market is maintained at 40% and that of wrapping yarn market is maintained at 5-60%. The overall starting level of yarn wrapping enterprises in Zhangjiagang is maintained at 5-60%. The market in Fujian is not high, with lace at 30-40% and warp knitting at 50-60%. The orders of enterprises in Guangdong Province follow up stably, and the start-up of circular knitting machine and warp knitting market is maintained at 50-70%.

From the perspective of the textile industry, it is understood that in June, the total retail sales of clothing, footwear, knitwear and textiles reached 105.9 billion yuan, a decrease of 0.1% compared with the same period last year. From January to June, the total retail sales of clothing, shoes, hats and knitwear were 512 billion yuan, with a decrease of 19.6% over the same period. In terms of export, driven by the significant increase in the export of related anti epidemic materials such as masks and protective clothing, China’s textile and clothing exports achieved the first year-on-year positive growth in this year. According to China’s customs data, from January to June 2020, China’s textile and clothing cumulative export volume is 125.188 billion US dollars, a year-on-year increase of 3.16%, of which the cumulative export of textiles is 74.103.3 billion US dollars, with a year-on-year increase of 27.81%.

Despite the rapid growth of textile exports driven by the surge in the export of anti epidemic materials such as masks, the overall consumption confidence of the international market has continued to decline, and the consumption capacity has declined significantly. The export situation of clothing, home textiles, shoes and hats and other terminal fields is still not optimistic, among which the export of China’s clothing products continues to decline. According to the customs data, from January to June 2020, China’s accumulated clothing exports amounted to US $51.084 billion, a year-on-year decrease of 19.39%, still continuing the downward trend, accounting for 40.8% of the total textile and clothing exports in the same period.

Business agency analysts believe that the current spandex market is weak and stable, manufacturers are still starting high, and the supply of goods remains adequate. The raw material market trend is tired, the cost side support is insufficient, the downstream start-up level remains low, orders continue to be just needed, new orders follow-up is less, the overall wait-and-see atmosphere is strong, it is expected that the spandex market will continue to be weak in the short term.

1、 Price trend

Taking the rutile titanium dioxide produced by sulfuric acid process, which has a large volume in the domestic market, as an example, the price of titanium dioxide is stable this week, with an average price of 13533.33 yuan / ton.

2、 Market analysis

From the end of June to the beginning of July, titanium dioxide enterprises successively issued price adjustment letters. According to incomplete statistics, 27 mainstream titanium dioxide manufacturers have issued price increase notices, including Panzhihua Hengtong titanium industry, CNKI titanium dioxide Co., Ltd., Ningbo Xinfu Chemical Industry Co., Ltd., Jinpu Titanium Industry Co., Ltd., Panzhihua Dongfang Titanium Industry Co., Ltd., Yunnan Dayong Communication Co., Ltd., Guangxi Xilong Chemical Industry Co., Ltd. and longmang Bailian Group Co., Ltd. have successively announced price increases, with the mainstream range of about 500 yuan / ton. From the current price implementation of each manufacturer, it has basically realized the effect of stopping falling and a small rebound of some models. It has played a positive role in boosting the domestic price market and has a positive impact on the stability of titanium dioxide market confidence.

According to customs data, from January to may 2020, China exported 485800 tons of titanium dioxide, an increase of 22.02% compared with the same period in 2019. Among them, the export volume in the first quarter was 331300 tons, accounting for 42.81% of the total output data; the export volume in April and may was relatively obvious, with the export volume of 88100 tons and 66500 tons, respectively, accounting for 30.06% and 24.54% of the total output data. The main reasons for the change in export volume are: poor domestic demand in the first quarter, manufacturers’ trading focus tends to export, and the outbreak of overseas epidemic in the second quarter, leading to the reduction of exports.

At present, with the control of the epidemic situation in various countries, the downstream demand will gradually recover, the trading situation will be improved compared with the previous period, and overseas orders will gradually flow back. Driven by the demand, the price of titanium dioxide will stop falling and rebound. This week, the price of titanium dioxide remained stable. The factory price of domestic rutile titanium dioxide with tax was 12000-14500 yuan / ton, that of anatase titanium dioxide was 10300-11800 yuan / ton, and that of chlorination titanium dioxide was 15500-20000 yuan / ton.

In terms of raw materials, this week Panxi area titanium concentrate price high operation, titanium ore supply shortage, some mining enterprises suspended external quotation. Up to now, the tax free quotation of 38 grade titanium ore is 920-960 yuan / ton, 46 grade 10 titanium concentrate is 1380-1450 yuan / ton, and 47 grade 20 titanium concentrate is 1300-1400 yuan / ton. The cost of raw ore and titanium middlings has been boosted step by step, and the price of titanium concentrate has been firm and upward. In addition, the outflow of spot goods has declined and the main downstream titanium dioxide has rebounded against the trend, so the miners are reluctant to sell.

3、 Future forecast

Titanium dioxide analysts believe that: titanium dioxide market leader rose, some of the market titanium dioxide model tension, price rebound. At present, the price of raw materials is tense and high, and the cost pressure of titanium dioxide increases again. It is expected that the market price of titanium dioxide will gradually rise on the basis of stable market price in the short term.

1、 Price trend

As of July 23, Jiangsu styrene spot was about 5300 yuan / ton, down 60 yuan / ton or 1.12% compared with 5360 yuan / ton on July 16. Recently, styrene support was insufficient, and some terminal demand was weakened.

2、 Market analysis

In terms of price: as of July 23, the transaction volume of Jiangsu common materials was 7900 yuan / ton, which was flat compared with July 16, and 8200 yuan / ton of fuel was flat compared with July 16.

3、 Future forecast

The overall EPS market performance is relatively rigid, with traders’ shipping intention increasing. However, due to the temporary failure of some EPS devices to produce normally, the supply of goods in East and South China is still tight, and some traders have no intention to make a substantial profit margin for shipment, thus tightening the market risk preference.

1、 Price trend

The average ex factory price of oil to ethylene glycol in North China on July 24 was 3600 yuan / ton, slightly lower than that of last week, according to business agency data.

On July 23, the market price of ethylene glycol in East China was 3565 yuan / ton, up 90 yuan / ton or 2.59% over the same period last week.

2、 Analysis of influencing factors

As of July 23, the total ethylene glycol inventory in the main ports of East China was 1412000 tons, an increase of 9900 tons or 0.71% compared with last Thursday, and a decrease of 12200 tons or 0.86% compared with Monday. Although the shipment is not smooth, there is no obvious accumulation of inventory due to less arrivals.

In terms of shipment, this week, the average daily delivery of Zhangjiagang main port was about 6000 tons, and that of Taicang was about 7000 tons, which was lower than that of last week.

At present, the operating rate of ethylene glycol is about 51%, and that of polyester is about 88%, which is not obvious compared with last week.

In terms of equipment, the overhaul time of ethylene glycol unit with an annual output of 360000 tons of Xinhang energy in Ordos City, Inner Mongolia, will be postponed to July 25, with an estimated maintenance time of about 25 days. 8% of the world’s ethylene glycol production capacity will be shut down or reduced by the end of July, involving more than 3 million tons.

In terms of futures, due to the positive demand of downstream polyester industry and the expected reduction of import sources, ethylene glycol futures have been more volatile recently.

3、 Analysis and prediction

Due to the decrease of arrival volume this week, the price of ethylene glycol is expected to rise to a certain extent, and the market price has increased. However, due to the long-term high inventory and low shipment level, the price support is weak. Although there is a follow-up news of polyester plant restart, but the loom operating rate has declined, the terminal demand is insufficient. Therefore, from the perspective of supply and demand, the price of ethylene glycol will still be in a volatile situation.

This week, the domestic rare earth market price trend tends to be stable as a whole, heavy rare earth prices maintain a high volatility trend, and some products in the light rare earth market slightly callback. According to the rare earth plate index of the business society, the rare earth index on July 24 was 345 points, which was the same as yesterday, 65.50% lower than the highest point of 1000 points (2011-12-06), and 27.31% higher than the lowest point 271 on September 13, 2015. (Note: period refers to 2011-12-01 to now).

As of the end of the weekend, the price of praseodymium and neodymium oxide in China was 294000 yuan / ton, down 0.34% from 295000 yuan / ton at the beginning of the week; the price of praseodymium and neodymium alloy was 371500 yuan / ton, down 0.13% from 372000 yuan / ton at the beginning of the week; the price of neodymium oxide was 311000 yuan / ton, which was flat this week; the price of metal neodymium was 392500 yuan / ton, which was stable this week, and the price trend of rare earth such as praseodymium oxide and praseodymium metal praseodymium Temporarily stable.

In recent years, the domestic light rare earth industry is mainly due to the negative downstream procurement, strong wait-and-see attitude, reduced trading volume, loss of support for manufacturers’ prices, a slight correction in some prices in the light rare earth market, and a stable price trend of other products. In recent years, the demand and stock up situation of permanent magnet manufacturers is general, the price of PR and nd rare earth is mainly stable, and the market price of light rare earth is still at a low level. In addition, due to the impact of the epidemic situation, the import of overseas rare earth ores has dropped sharply, and the waste recycling and monazite raw materials have decreased, resulting in the decline of domestic rare earth smelting output. However, the domestic economic demand is not so good, and the domestic market price of light rare earth has not changed much.

This week, the price trend of China’s legitimate family is stable. As of the end of the week, the price of dysprosium oxide is 1.845 million yuan / ton, and the price of dysprosium ferroalloy is 1.84 million yuan / ton. Although the proportion of medium and heavy rare earth in the domestic rare earth collection and storage plan is large, it is expected to have a great impact on the supply and demand and price of medium and heavy rare earth, but the collection and storage information is uncertain. At present, Myanmar’s customs clearance still affects the import and supply of medium and heavy rare earth in China However, the downstream demand is not positive in the near future, and the price of heavy rare earth market is mainly stable. In recent years, the price of heavy rare earth remains high and the downstream demand is not obviously improved. The market price of heavy rare earth remains high and fluctuates.

The Ministry of industry and information technology issued the notice on the docking and implementation of preferential policies for rare earth industry. According to the notice, the rare earth office entrusted China Nonferrous Metals Industry Association and China Rare Earth Industry Association to sort out and summarize the policy documents suitable for the application of rare earth enterprises, and formed a collection of supporting policies for the resumption of work and production of rare earth industry. Favorable policies support the development of rare earth industry. Meanwhile, Sino US relations are tense. Key products of rare earth trade between China and the United States are of great significance. The national policy is conducive to the balance of supply and demand of rare earth industry. Recently, the supply of rare earth market is normal, the demand is general, and the price of domestic rare earth market is generally stable.

Recently, the domestic demand for rare earths has fallen down compared with the previous period. In addition, the downstream purchasing is not active and the wait-and-see attitude is strong. Analysts of business agency expect that the market price of rare earth will remain stable in the future.

According to the price monitoring of the business agency, in the 29th week (7.20-7.24) of 2020, there are 1 kind of rising commodity, 0 kind of falling commodity and 6 kinds of rising and falling to 0. The main commodities that rose were cryolite (1.74%). The price trend of fluorite, hydrofluoric acid, chloroform, R22 and R134a is stable. The specific product analysis is as follows:

According to statistics, as of July 24, the average price of fluorite in China was 2800 yuan / ton, and the domestic fluorite price was mainly stable. According to statistics, the price of 97 fluorite wet powder in Inner Mongolia was 2500-2700 yuan / ton, the mainstream negotiation of 97 fluorite wet powder in Fujian was 2700-2900 yuan / ton, and the price of 97 fluorite wet powder in Henan was 2700-2900 yuan / ton, The price of 97 fluorite wet powder in Jiangxi Province is 2700-2900 yuan / ton.

In recent years, the domestic fluorite price trend has remained volatile. First, the recent domestic fluorite enterprises have started normal operation, the fluorite operating rate is relatively high, and the domestic mines and flotation devices have started to increase, which makes the spot supply of fluorite in the field normal, the on-site supply is sufficient, and the domestic fluorite price is mainly stable. Secondly, the prices of hydrofluoric acid and refrigerants in the lower reaches remain low recently, which has a negative impact on the domestic fluorite market, and the domestic fluorite price is not driven enough. In the near future, the price of hydrofluoric acid Market and refrigerant industry is depressed, and fluorite price is expected to remain stable in the later stage.

As of 24 days, the average price of hydrofluoric acid in China was 9035 yuan / ton. Recently, the domestic hydrofluoric acid market remained stable. The mainstream of hydrofluoric acid negotiation in Fujian was 8500-9000 yuan / ton, that in Shandong was 8500-9000 yuan / ton, that in Jiangxi was 8600-9200 yuan / ton, and that in Inner Mongolia was about 8000-8500 yuan / ton The market price trend is stable.

Recently, the domestic hydrofluoric acid operating rate is about 60%. The enterprises reflect that the current spot supply of hydrofluoric acid is normal, but the downstream market is not significantly improved. The demand for hydrofluoric acid is general. Recently, due to the stable price trend of downstream market and the little change of upstream fluorite price, the domestic hydrofluoric acid market price trend is stable. Recently, some manufacturers reflect that hydrofluoric acid still exists As a result, the market price of hydrofluoric acid is mainly stable due to the loss, and the price of hydrofluoric acid in some regions remains stable. Generally speaking, the domestic hydrofluoric acid market price has no obvious positive support in the near future, and it is expected that the hydrofluoric acid market price will remain stable in the future.

In recent years, the price trend of refrigerant products has been stable. This week, the market of R134a in the refrigerant market is running weakly and stably with little change. The raw material hydrofluoric acid rose slightly, but the support was limited, the terminal demand was weak, the car market demand was poor, the enterprise’s inventory was high, the shipment was under pressure, the market was not good, and the attitude of the industry was negative. However, the price of R134a was at a low level, and the enterprises had the willingness to support the price for cost reasons, so the price was weak and stable, and the decline was postponed. According to the price monitoring of the business agency, as of July 24, the average price of refrigerant R134a was around 17000 yuan / ton, and the ex factory price of mainstream manufacturers was 15300-17000 yuan / ton, which was stable. Refrigerant R22 market stable operation, overall stable. The market of hydrofluoric acid and chloroform at the raw material end is stable, the supporting force is still in place, the terminal demand is general, the export is not good, and the domestic after-sales market has not improved significantly. Under the domestic and foreign troubles, R22 manufacturers are under pressure to ship, and the start-up is not high. The prices of mainstream manufacturers are stable. Some traders lower their prices and make good profits. In the short term, the market is stagnant. According to the price monitoring of the business agency, as of July 24, the average price of refrigerant R22 was around 16000 yuan / ton, and the ex factory price of mainstream manufacturers was 15500-16000 yuan / ton. The price trend of downstream refrigerant industry was mainly stable.

The price trend of fluorine chemical industry products is stable this week, the demand of terminal downstream is not improved, and the export market is not good. In addition, the domestic refrigerant industry starts to maintain a low level. It is expected that the sales of fluorine chemical industry will remain depressed in the future, and the market will continue to be stagnant.

According to the monitoring of the bulk data of the business agency, the market of dichloromethane in Shandong has been rising steadily recently. As of July 23, the average price of dichloromethane in Shandong was about 2230 yuan / ton, with an overall increase of 9.31% compared with the beginning of the month and 0.9% higher than the same period of last month.

Production capacity and operation of the enterprise

Jinling, Shandong Province: 440000 tons / year: 60%

Dongying Jinmao 120000 tons / year parking

Luxi Chemical Industry: 400000 tons / year: 70%

Shandong Dongyue: 280000 tons / year: 50%

Jiangxi Liwen: 120000 tons / year: 50%

Jiangsu Liwen 160000 tons / year full load

Jiangsu Meilan 200000 tons / year 70%

Quhua, Zhejiang: 300000 yuan / year: 70%

Zhejiang Juhua 300000 tons / year 70%

Due to the reduction of production load of some enterprises in Shandong Province, and the implementation of export orders by Luxi Chemical Industry, the spot supply in the market has declined. In addition, the inventory pressure of enterprises is not obvious, the enterprise has a good attitude of price support, and the ex factory quotation is slightly increased. The downstream market is mainly in demand, and some traders replenish their goods to support the stable operation of dichloromethane price. At present, the price of dichloromethane in Shandong is about 2230-2280 yuan / ton, that of Jiangsu Liwen is about 2800 yuan / ton, and that of Jiangxi Liwen is about 2300 yuan / ton.

In terms of upstream market, the methanol market continued to weaken, and some maintenance units were restarted in the early stage, and the supply side was expected to increase in the near future; the inventory of some downstream enterprises was on the high side, and the downstream market was not able to catch up with the high price, and the overall transaction atmosphere turned weak, at present, the liquid chlorine market started to go down, and the increase in market supply led to obvious price reduction in the downstream market, with the current average price of 800-900 yuan/ About tons.

On the other hand, the downstream market demand of dichloromethane is poor, among which the market of refrigerant R134a is weak and stable, the terminal demand has not been improved, the export market of refrigerant R134a and downstream products is difficult to recover, the demand of automobile market industry is poor, the manufacturers start low, the goods are general, and the supply exceeds the demand situation, the operators are more bearish; the pharmaceutical and agricultural solvent industry started flat, and the dichloromethane was not improved Insufficient support.

Business Club methane chloride data analysts believe that the current supply of dichloromethane market is limited, downstream market purchasing just enough, but in the long run, it is still flat, and it is expected to explore a small rise in the short term.

According to the price monitoring data of business agency, as of July 23, the reference average price of domestic n-propanol with packaging in mainstream areas was around 11900 yuan / ton, which was basically stable compared with the price on the first day of this month; compared with the price on June 1, the average price increased by 733 yuan / ton, or 6.57%.

Since July, the market of n-propanol is high and stable

Since the beginning of July 7, the overall market of n-propanol in China has been running stably. The domestic isopropanol market continued to fall sharply this month, and the price had already fallen below 10000 yuan / ton. Therefore, the price advantage of n-propanol as solvent has begun to be reduced. At present, the market of n-propanol is weak, the market just needs to follow up, the trading atmosphere is general, the overall inventory level of the market is low, and the enterprise’s offer is still firm. According to the price monitoring data of the business agency, on July 23, the domestic n-propanol market quotation was relatively stable and fluctuated in a narrow range. In Zibo area of Shandong Province, the bulk water is around 10500-10700 yuan / ton, and the barrel is 11300-11600 yuan / ton; in Nanjing area, it is around 10800-11100 yuan / ton. In Nanjing Rongxin Chemical Co., Ltd. (formerly Nanjing Wujiang Chemical Co., Ltd.), the n-propanol production unit starts normally, and the n-propanol offers 11000 yuan / T (bulk water). At present, the sales situation of n-propanol market is relatively stable, and most manufacturers in Nanjing maintain stable quotation. Dealers in different regions still have reservation on the price. It is not easy to monitor the price. As a result, the specific negotiation situation may be different. There are differences in each region. The actual negotiation is the main one. The future market needs to wait and see the change of raw material price and shipment.

In terms of raw materials, since July, the ethylene market has risen first and then decreased, then stabilized in the near future and then recovered slightly. On the first few days of the month, the overall ethylene market rose slightly. From the 7th, the external market of some ethylene fell, and the decline continued to be stable after the middle of July. Period ethylene overall showed a small upward trend. The price of ethylene market in Asia remained stable. The average price of ethylene on 21 days was 738.50 US dollars / ton, up 0.20% from 743.25 dollars / ton in the previous trading day. The current price rose by 2.88% month on month, and the current price decreased by 16.44% compared with last year. As of July 22, CFR closed at $795-805 per ton in Northeast Asia and $700-710 in South East Asia. The price of European ethylene market rose. As of the 22nd, the European ethylene market price was FD, northwest Europe closed at 754-764 US dollars / ton, CIF northwest Europe closed at 695-703 US dollars / ton. The price of ethylene in the United States remained stable. As of the 22nd, the price was 335-353 US dollars / ton. Generally speaking, the ethylene market in Europe and the United States has increased steadily in recent years. The demand of the whole ethylene market is fair, and the trading atmosphere is general, and the increase is small.

Narrow range shock control market high level of n-propanol may continue

It is expected that the price of n-propanol may decline due to the influence of market demand in the near future, but the overall fluctuation is limited due to the support of raw materials. In addition, in the early stage, the supply and demand of n-propanol market remained relatively stable under the premise that the solvent effect was not widely used. Therefore, although the market returns to the previous demand market again, it is expected that under the active control of the production by the factory, the high level market of n-propanol is not affected by the fluctuation, and the narrow range adjustment may still be in the period.

According to the data monitored by the business agency, as of July 23, the price quoted by pet water bottle manufacturers was 5483.33 yuan / ton, which was 1.2% lower than that of the same period last week. The focus of the negotiation is low, and the manufacturers are running in a weak position. At present, the mainstream price range is 5400-5500 yuan / ton.

The pet market is in a weak position, crude oil is falling, and there is no good support at the cost side. Some manufacturers of polyester bottle chips are slow to ship, and the overall atmosphere is flat. At present, the mainstream manufacturers in East China are offering around 5400-5500 yuan / ton, and the mainstream market negotiation is around 5300-5400 yuan / ton. At present, the price of Xiamen Tenglong is 5500, Yuan / ton: Guangdong Taibao 5500 yuan / ton, Zhuhai China Resources 5550 yuan / ton, Zhejiang wankai 5450 yuan / ton, Yizheng Chemical fiber 5350 yuan / ton. Due to the lack of good support for raw materials, most of them hold a cautious and wait-and-see attitude.

The negotiation focus of upstream PTA market is weak, with cautious wait-and-see, and the raw material ethylene glycol runs weakly and stably, and the number of transactions is limited.

The rubber and plastic index on July 22 was 614 points, 4 points lower than yesterday, 42.08% lower than the highest point 1060 (2012-03-14), and 16.29% higher than the lowest point 528 on April 06, 2020. (Note: period refers to 2011-12-01 to now)

Pet analysts of business agency believe that: in the short term, the pet market is weak and stable, and we should wait and see carefully. (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.)