Milestones of asphalt Market in 2019

1. China US trade negotiations have achieved phased results

 

China US trade negotiations lasted for two years. They talked about the suspension and finally reached the first phase agreement at the last moment of 2019, which reduced the uncertainty of the future of the market. At the press conference of the State Council Information Office on December 16, Fu Linghui, a spokesman of the National Bureau of Statistics, answered the question of reaching the first phase agreement in China US trade negotiations, adding that China and the United States currently It is the largest two countries in the world. The cooperation between China and the United States is a relatively good development for China, the United States and the world. It is of positive significance for enhancing market confidence, promoting economic and trade development, for China, the United States and even for the world.

 

2. Saudi oil facilities attacked

 

Benzalkonium chloride

In the early morning of September 14, 2019 Beijing time, several drones attacked two oil facilities of Saudi Aramco and caused a fire. After the incident, the Hussein armed forces claimed responsibility for the attack, and many countries expressed or used strategic oil reserves to fill the supply gap. On the first trading day after Saudi Aramco’s attack, the oil market was not surprised by a huge earthquake. Brent crude oil jumped on the opening day of the 16th, with an increase of 17% at one time, breaking the $70 mark, the largest one-day increase since 1991; WTI crude oil also rose 13%. Although Saudi Arabia’s emergency recovery in the following week did not have a significant impact on the market supply, the incident shocked the global crude oil market seriously.

 

3. Saudi Aramco listed at the end of 2019

 

On December 11, Beijing time, Saudi Arabia National Oil Company (hereinafter referred to as Saudi Aramco) was listed on Riyadh stock exchange in Saudi Arabia. On the first day of trading, it rose 10% to 35.2 Riyals, hitting the limit. By the end of trading, Saudi Aramco’s market value on the first day had soared by 1.2 trillion yuan, with a total market value of 13.16 trillion yuan (about 1.88 trillion US dollars), officially surpassing apple( 8112, – 74.00, – 0.90%) is the largest company with the largest market value in the world, equivalent to the market value of 3.5 Alibaba (US stock market value) or 9 Guizhou Moutai, only slightly lower than Brazil’s GDP (US $1.9 trillion) in 2018.

 

4. Oman sea tanker explosion

 

On June 13, 2019, Iran’s al Alam television network quoted local Omani sources as saying that due to malicious attacks, there were two tanker explosions in the Oman sea that morning. After the incident, the U.S. and Burmese oil prices rose rapidly, with Burmese oil rising more than 4% at one time and WTI crude oil rising nearly 4%. In addition, the attack led to panic in the market, through the Oman sea tanker premium also increased significantly.

 

5. Supply concerns caused by pollution of Russian oil pipeline in Druzhba

 

In the early morning of April 26, 2019 Beijing time, foreign media reported that the crude oil transported by the Russian Druzhba oil pipeline was polluted by organic chlorides, and Poland and Germany cut interest rates to suspend the import of Russian crude oil from the pipeline. It is reported that the contaminated crude oil can reach up to 1.5 million barrels per day, which exacerbates the market panic.

 

Sodium Molybdate

6. Highway investment

 

Highway investment is an important indicator of asphalt demand. According to the 13th five year plan of each province, during the 13th Five Year Plan period, the national highway investment is planned to be 9.7 trillion, while from January 2016 to October 2019, the national highway investment has been 7.8 trillion, accounting for 80% of the plan, and from January to October 2019, the investment is planned to be 1.8 trillion.

 

7. VAT rate down

 

From April 1, the 16% VAT rate of manufacturing and other industries will be reduced to 13%, and the 10% VAT rate of transportation and construction industries will be reduced to 9%.

 

8. IMO 2020 new regulation for sulfur limitation

 

According to the relevant provisions of the new IMO 2020 sulfur limitation regulations, the use of fuel oil containing no more than 0.5% sulfur will be restricted globally from January 1, 2020. This means that the high sulfur residue produced by refineries with insufficient secondary processing capacity and desulfurization capacity may become the blending component of asphalt, and the supply of asphalt will increase, especially the supply of non-standard asphalt market.

 

9. Marui crude oil “cut off”

 

In August 2019, China National Petroleum Corporation (CNPC) decided to stop importing crude oil from Venezuela. PetroChina is currently the only Chinese company to import oil from Venezuela. 80% of Venezuelan crude oil imported by China is mare crude oil, accounting for about 50% of domestic asphalt raw materials.

http://www.lubonchem.com/

China’s domestic LPG market price continued to rise this week (12.16-12.20)

1、 Price trend

 

The domestic liquefied gas market continued to rise this week. At the beginning of the week, the average price of the domestic liquefied gas (Shandong) market was 4093.33 yuan / ton, while the weekend average price was 4316.67 yuan / ton, up 5.46% in the week and 0.39% higher than the same period last year.

 

Melamine

2、 Analysis of influencing factors

 

Product: the domestic liquefied gas market rose sharply this week, with a good trading atmosphere. As of December 20. The price of LPG from Sinopec Guangzhou Chemical Co., Ltd. is 4700 yuan / ton, from Sinopec Jingmen Petrochemical Co., Ltd. is 4900 yuan / ton, from Sinopec Shanghai Petrochemical Co., Ltd. is 4330 yuan / ton, from Sinopec Qingdao Refining Chemical Co., Ltd. is 4200 yuan / ton, from Sinopec Shijiazhuang Refining Chemical Co., Ltd. is 4300 yuan / ton, from Sinopec Sinopec Luoyang Petrochemical liquefied gas factory price is 4500 yuan / ton.

 

This week, civil gas rose a lot as the main actor in the national liquefied gas market. Under the favorable conditions of tight international spot supply, the price continued to rise. At present, the price has risen to a relatively high level, and the downstream is in a state of conflict with the high price. They have left the market one after another to wait and see. The atmosphere of market transaction has been lighter than that in the earlier stage. However, the price difference between civil gas and propane is large at present, and the manufacturer’s mentality is relatively strong due to strong seasonal factors.

 

Saudi Aramco’s December CP announced a slight increase in propylene butane. Propane rose to $440 / T, up $10 / T from last month; butane $455 / T, up $10 / T from last month.

 

ferric sulfate (Poly ferric sulphate)

Industry: according to the price monitoring of the business association, in the 50th week of 2019 (12.16-12.20), there are 7 kinds of commodities rising month on month in the energy sector, including 1 kind of commodities rising by more than 5%, accounting for 6.3% of the number of commodities monitored in the sector; the top three commodities are liquefied gas (5.46%), dimethyl ether (2.79%) and petroleum coke (2.27%). There are 6 kinds of commodities falling on a month on month basis, and the top 3 products falling are MTBE (- 2.04%), LNG (- 1.50%) and methanol (- 1.42%). This week’s average was 0.5%.

 

3、 Future forecast

 

According to the liquefied gas analyst of the business association, at present, the price difference between civil gas and propane is large. In addition, affected by seasonal factors, the weather is cooling, the downstream replenishment cycle is shortened, the enthusiasm for entering the market is high, and the manufacturer’s mentality is relatively strong. However, there are still differences between the north and the south. It is expected that the national market will fluctuate next week, and Shandong market will adjust slightly.

Azodicarbonamide (AC foaming Agent)

Lack of obvious favorable stimulation, PTA price was weak

According to the price monitoring of the business agency, the spot market price of PTA in China continued to weaken slightly. As of December 23, the average market price was 4855 yuan / ton, down 0.70% compared with the previous trading day, down 25.81% year on year. The weak futures market adjusted to close at 4880 yuan / ton, down 34 yuan / ton or 0.69% from the previous trading day. The buying is dominated by traders and the trading atmosphere is light. At present, the starting load of PTA is 93.59%, and Yisheng Petrochemical Co., Ltd. has announced the maintenance plan of PTA unit in the first quarter.

 

Changes of PTA plants in China

 

Enterprise name capacity (10000 tons / year) device dynamics

Yishanhua 225 planned to be overhauled from the end of December to the middle of January

Ningbo Yisheng 220 planned to be overhauled from the end of January to the middle of February

Hainan Yisheng 200 plans to overhaul from the end of February to the middle of March

Hailun Petrochemical 120 plans to enter maintenance this week

EDTA 2Na

Chuanneng chemical 100 stopped short on November 1, and the current load is 80%

Jialong Petrochemical 60 shut down for maintenance on August 2, and restart to be determined

In terms of cost, crude oil fell. As of December 20, the main futures price of international crude oil WTI was 60.44 USD / barrel, down 0.78 USD / barrel compared with the previous trading day, and the main futures price of Brent was 66.14 USD / barrel, down 0.40 USD / barrel compared with the previous trading day. The PX market in Asia closed at $805 / T FOB South Korea and $825 / T CFR China, up $3 / T from the previous trading day. Affected by the weakness of raw materials, the enthusiasm of downstream inquiry has been reduced. The polyester factory has reduced production, and the starting load has been reduced to 83%. The quotation of mainstream polyester filament factory in Jiangsu and Zhejiang is basically stable, and it is mainly cautious to wait and see. The price of polyester FDY (150D / 96F) is 7250-7600.00 yuan / ton. In terms of textile terminal, in the late December, the stock of downstream enterprises is still reduced, and the market orders continue to weaken. The comprehensive starting rate of Jiangsu and Zhejiang looms is about 67.00%, and the manufacturer’s production enthusiasm is not as good as that in the early stage.

 

Xia Ting, an analyst with business club, believes that PTA plant announced the overhaul plan, but chemical products were frustrated due to the fall of crude oil, and PTA’s new production capacity was approaching, so downstream procurement was cautious. In addition, the holiday time of this year is earlier than that of previous years, and the market atmosphere will be further reduced. With the increase of holiday manufacturers, the market will be more difficult to boost. There is a lack of obvious favorable stimulation in the fundamentals, and PTA price is expected to be weak.

EDTA

PE Futures prices fluctuated and fell, spot market prices declined (12.16-12.20)

1、 Overall trend

 

This week (12.16-12.20) polyethylene showed a weak decline, in which the average price of LDPE 2426h in East China monitored by the business club was about 8112.5 yuan / ton; the average price of HDPE 5000S was about 7950 yuan / ton; the average price of LLDPE 7042 was about 7383.33 yuan / ton. As of December 20, the prices of LLDPE and LDPE in East China first stabilized and then fell this week, while the prices of HDPE this week showed a horizontal trend. This week, the overall trend of PE market is weak, most of which fell by 50-150 yuan / ton. At the beginning of the week, the futures market rebounded slightly, which supported the market to a certain extent. Most of the spot markets were stable. On Tuesday, the futures market began to fall in shock, which depressed the market mentality. Businesses adjusted their offers and prices fell. In many areas of petrochemicals, the factory price has been reduced, and the terminal demand is weak, so the market has continued to decline.

 

On December 23, the LLDPE commodity index was 70.39, down 0.32 points from yesterday, down 40.12% from 117.56 (2013-12-11), the highest point in the cycle, and up 0.69% from 69.91, the lowest point on September 8, 2019. (Note: cycle refers to 2011-09-01 to now)

 

The LDPE commodity index on December 23 was 62.74, down 0.39 points from yesterday, a record low in the cycle, down 44.64% from 113.33, the highest on December 8, 2013. (Note: cycle refers to 2011-09-01 to now)

 

Benzalkonium chloride

On December 23, the HDPE commodity index was 64.17, down 0.27 points from yesterday, a record low in the cycle, down 37.29% from the highest point of 102.33 on July 24, 2014. (Note: cycle refers to 2011-09-01 to now)

 

2、 Market analysis

 

Upstream: oil prices rose steadily this week. On Monday (December 16), WTI crude oil futures settled at $60.21 a barrel in January 2020, up $0.14/barrel from the previous trading day, with a trading range of $59.77-60.34; Brent crude oil futures settled at $65.34 a barrel in February 2020, up $0.12/barrel from the previous trading day, with a trading range of $64.88-65.66/barrel. On Friday (December 20), WTI crude oil futures settlement price in February 2020 was $60.44 per barrel, down $0.78/barrel from the previous trading day, with a trading range of $60.02-61.20/barrel; Brent crude oil futures settlement price in February 2020 was $66.14 per barrel, down $0.40/barrel from the previous trading day, with a trading range of $65.70-66.72/barrel.

 

Import and export: about 1336500 tons of PE will be imported in October 2019. Among them, the import volume of LLDPE is 425200 tons; the import volume of HDPE is 643000 tons; the import volume of LDPE is 268300 tons, and the total export volume of PE in October 2019 is 28200 tons. The export volume of PE is 8500 tons, HDPE is 16300 tons and LLDPE is 3400 tons.

 

Sodium Molybdate

Manufacturer’s trends: this week, the demand for plastic film in the lower reaches of PE decreased, the demand for plastic film increased in succession, and the manufacturer’s quotation for plastic film was basically stable. However, many areas are still restricted by the environmental protection policy.

 

Futures trend: according to the monitoring of the business club, on December 20, the opening price of polyethylene futures l2005 was 7260, the highest price was 7370, the lowest price was 7255, the closing price was 7330, the former settlement price was 7245, the settlement price was 7305, up 85, up 1.17%, the volume was 584578, the position was 725956, and the daily increase was 33450. (quotation unit: yuan / ton)

 

3、 Future forecast

 

Looking forward to the future, business analysts believe that the current strong rise in international oil prices, linear futures rebound, the market has some support. However, the petrochemical inventory has accumulated, and the downstream is in conflict with the high price supply, so the transaction is still difficult. It is expected that the future market may fall in the short term.

http://www.lubonchem.com/

POM prices fell this week (12.16-12.20)

1、 Market price trend of POM

 

Price curve of POM

 

Potassium monopersulfate

(photo source: Commodity analysis system of Business Club)

 

According to the monitoring of business agency, the average price of Polyoxymethylene (96) in Shandong at the beginning of the week was 4516 yuan / ton, while the average price of polyoxymethylene at the end of the week was 4483 yuan / ton, down 0.74%.

 

2、 Market analysis

 

Products: Shandong aldehyde Chemical Industry Co., Ltd. has an annual output of 30000 tons of POM. The ex factory quotation of POM (96) is 4450 yuan / ton, and the quotation is stable. Linyi Shengyang Chemical Co., Ltd. has an annual output of 9000 tons of POM. The ex factory quotation of POM (96) is 4200 yuan / ton, down 100 yuan / ton from last week. Zibo Qixing Chemical Technology Co., Ltd. has an annual output of 10000 tons of POM, and the ex factory quotation of POM (96) is 4800 yuan / ton, with stable quotation.

 

ferric sulfate (Poly ferric sulphate)

Industrial chain: upstream methanol, domestic methanol market weak downward. The downstream pesticide market is not good, the demand is down, and some enterprises’ quotation is down.

 

3、 Future forecast

 

To sum up, the business club POM analysts believe that POM may continue to operate in a weak way.

Azodicarbonamide (AC foaming Agent)

Light market, yellow phosphorus market price fell slightly this week (12.16-12.20)

1、 Price trend

According to commodity data monitoring, the price of Yungui yellow phosphorus fell slightly this week. The average price of yellow phosphorus at the beginning of the week was 18250 yuan / ton, and the average price at the end of the week was 18150 yuan / ton. The price fell slightly within the week, with a range of 0.55%.

 

Melamine

2、 Market analysis

 

Product: yellow phosphorus market price fell slightly this week. Downstream replenishment enthusiasm is not high, market procurement is not warm. At present, the main quotation of yellow phosphorus in Yunnan is about 17800 yuan / ton. The quotation in Sichuan is about 18500-17900 yuan / ton. The overall market performance is poor, and traders are mainly on the sidelines.

 

EDTA 2Na

Industry chain: this week, the new orders of domestic phosphorus ore market are still poor, the market trading is light, continue weak consolidation, the downstream sporadic procurement, some mining enterprises limit production and price protection, the off-season is coming, the price basically remains unchanged before the Spring Festival. The market price of Panzhihua coke (secondary metallurgical coke) is temporarily stable, and the mainstream price is 2030 yuan / ton. In the downstream phosphoric acid market, phosphoric acid has been in a high consolidation state in the near future. The price is higher than that in previous years. Affected by environmental protection, the operating rate is low, the downstream demand is reduced, the on-site trading is flat, and the wet process phosphoric acid is relatively good for shipment, but the overall market is still weak.

 

3、 Future forecast

 

According to the yellow phosphorus analyst of the chemical branch of business society, the price of yellow phosphorus market fell slightly this week, the overall market of yellow phosphorus was light, and the rigid demand was limited, so it was difficult to form a strong support for the market. In the near future, some enterprises in Guizhou have plans to resume production, and it is expected that the price of yellow phosphorus is mainly weak.

EDTA

Organosilicon DMC market price continues to rise by more than 500 yuan / ton in a week!

1、 Price trend

 

According to the monitoring data of the business association, as of Saturday (December 21), the average market price of organosilicon DMC in several mainstream areas monitored by the data is 18834 yuan / ton, which is about 500 yuan / ton higher than that of last Saturday (December 14), with an increase of 2.73%.

 

Benzalkonium chloride

2、 Market analysis

 

Product: the market of organosilicon rose again this week. Many enterprises entered the sealed disk mode, and the supply is still tight. The first-hand supply is basically wiped out, which can be described as entering the “tight price rise mode”. The double festival is coming, and the “pre Festival” production is limited, and the downstream stock is increasing, mainly for the Spring Festival. At present, the organic silicon industry chain is basically good. The whole market is under the law of buying up and not buying down, and the transaction is active. In addition, the emergence of the good news that “the text of the first phase economic and trade agreement between China and the United States reached an agreement” in this year has increased the export list of the organic silicon downstream industry chain. I heard that the heads of several brand enterprises in the organic silicon industry chain in Guangdong, Hong Kong, Macao and Dawan district have recently received The export order of the downstream industrial chain of organosilicon has been scheduled to April 2020, which will give strong support to the whole organosilicon market. At present, the reference quotation of organosilicon DMC market is around 18700-19300 yuan / ton, and many manufacturers are reluctant to sell and seal the disk, and the price goes with the market. At present, the overall atmosphere of the market is optimistic.

 

Operation of the plant: Zhejiang Hesheng plant has an annual output of 180000 tons, and the plant is under maintenance; Shandong Luxi Chemical silicone plant has an annual output of 80000 tons, and the plant is under maintenance; Shandong Jinling Chemical plant has an annual output of 120000 tons, and the plant is under maintenance; Zhejiang new installation has an annual output of 350000 tons, and the plant is normal; ekan silicone Jiangxi base has an annual output of 450000 tons, and the unit is under normal load; Hubei Xingfa The organosilicon unit has a capacity of 200000 tons / year, and the unit is normal; the annual capacity of Sanyou chemical plant in Tangshan has a capacity of 200000 tons, and the unit is subject to limited production maintenance.

 

Sodium Molybdate

Industrial chain: this time, the price of silicone industry has increased substantially from the top to the bottom, which has driven the collective rise of the downstream industrial chain. This week, the retail price of the first-line brand “silicone rubber” has increased by about 10% led by the downstream product 107 rubber, and the inventory consumption is low. Several brands of silicone, silicone oil and gas silicon production enterprises have indicated that the inventory clearing speed has been accelerated, and some models have started single production. At present, the factory quotation of 107 glue from many manufacturers has exceeded 19000 yuan / ton. According to the current situation, 107 glue is expected to exceed 20000 yuan / ton before the festival.

 

3、 Future forecast

 

Business analysts think: at present, the overall support surface of the silicone industry chain is good, and it is expected that the silicone DMC will continue to maintain a strong operation before the end of the pre Festival stock up.

http://www.lubonchem.com/

On December 19, some prices in China’s domestic rare earth market rose

On December 18, the rare earth index was 341 points, unchanged from yesterday, 65.90% lower than the highest point in the cycle, 1000 points (2011-12-06), and 25.83% higher than the lowest point, 271 points, on September 13, 2015. (Note: cycle refers to 2011-12-01 to now).

 

Melamine

The average price of neodymium, dysprosium and praseodymium is 364500 yuan / ton, 2125000 yuan / ton and 650000 yuan / ton respectively. The average price of praseodymium neodymium oxide in rare earth oxide is 289500 yuan / ton; the price of dysprosium oxide is increased by 10000 yuan / ton to 1750000 yuan / ton; the average price of praseodymium oxide is 342500 yuan / ton; the average price of neodymium oxide is 291500 yuan / ton. The price of praseodymium neodymium alloy in rare earth alloy is 364500 yuan / ton; the average price of dysprosium ferroalloy is increased by 10000 yuan / ton to 1710000 yuan / ton.

 

The price of heavy and rare earth in the rare earth market continued to rise, the domestic supply policy of heavy and rare earth market and the export of heavy and rare earth improved. Myanmar unilaterally closed the customs clearance port, the domestic supply decreased significantly, and the domestic price trend of heavy and rare earth continued to rise. In addition, the demand for permanent magnet has not changed much in the near future, the market trend of PR nd series products is general, the on-site supply is normal, the demand for light rare earth is general in the near future, and the market price is slightly lower. The price fluctuation of rare earth market is related to the national environmental protection supervision. Rare earth production has particularity, especially some products have radiation hazards, which makes the environmental protection supervision more strict. Under the strict inspection of environmental protection, the manufacturer reasonably controls the sales, but the downstream demand has not changed much in the near future, and the price trend of most rare earths is mainly stable.

 

Potassium monopersulfate

Recently, Geng Shuang, spokesman of the Ministry of foreign affairs, said that China is the world’s largest country in rare earth reserves and production, and plays an important role in the global rare earth industry chain. China has been adhering to the principle of openness, coordination and sharing, promoting the development of domestic rare earth industry, and is willing to meet the legitimate needs of the development of all countries in the world with rare earth resources and products, so as to promote China’s economy and the world Economic development plays an active role. China’s rare earth production accounts for 73% of the world’s total, ranking first in the world and playing an important role in the game between big countries. Rare earth PR nd and Dy TB are mainly used in NdFeB magnetic steel. Recently, the Ministry of industry and information technology and the Ministry of natural resources jointly issued a notice to release the total amount control indicators of rare earth mining and smelting separation and tungsten mining in 2019. The Ministry of industry and information technology of China announced that the total amount of rare earth mining and smelting separation in 2019 was 132000 tons and 127000 tons respectively, while the quota of rare earth mining in 2018 was 120000 tons, an increase of 12000 tons, and the data in 2019 It’s the highest year since 2014. In addition, the Ministry of industry and information technology, together with relevant departments, drafted the development plan of new energy vehicle industry (2021-2035). After 15 years of continuous efforts, China’s core technology of new energy vehicles will reach the international leading level. By 2025, the proportion of new energy vehicle sales will reach about 25%. Driven by national policies, the supply and demand pattern of rare earth industry is expected to further improve, and China’s domestic demand is expected to further improve The price of heavy rare earth in domestic rare earth market has increased.

 

Rare earth analysts of business agency expect that the recent domestic environmental protection scrutiny will not be reduced, coupled with favorable support for the export of rare earth industry in China, and the supply and demand pattern is improving in a good way. It is expected that the price of heavy rare earth in the rare earth market is still expected to continue to rise, while the price of light rare earth is mainly volatile.

ferric sulfate (Poly ferric sulphate)

Analysis of acetic anhydride price trend in 2019

According to the data monitoring of the business agency, the price of acetic anhydride was adjusted in 2019, showing an overall “n” shape decline. As of December 17, the average price of acetic anhydride quoted by enterprises was 4475.00 yuan / ton, down 25.83% compared with 6033.33 yuan / ton quoted at the beginning of 2019 (January 1), and down 29.34% compared with the same period last year. Since October 2017, the price of acetic anhydride has remained high. Starting from the end of October 2018, the acetic anhydride price has started a long “return journey”. By December 2019, the average price of acetic anhydride had dropped to about 4400 yuan / ton, returning to the average price of acetic anhydride in 2017. In the price trend of acetic anhydride in 2019, the price of acetic anhydride is obviously divided into three stages.

 

Azodicarbonamide (AC foaming Agent)

The first stage: the price of acetic anhydride fell steadily

 

In addition to the short rebound of acetic anhydride caused by transportation and other factors during the Spring Festival of 2019, the first half of 2019 continued the downward trend of acetic anhydride since October 2018, and the price of acetic anhydride fell sharply. As of June 1, the price of acetic anhydride has dropped by 23.20% compared with the price at the beginning of the year.

 

The second stage: acetic anhydride price rising period

June August 2019 is the range of acetic anhydride price increase. As of August 17, 2019, the price of acetic anhydride is 7066.67 yuan / ton, 52.52% higher than that of June 1. Due to the centralized maintenance of acetic anhydride manufacturers in June and equipment explosion of acetic acid manufacturers in July, the price of acetic acid and methanol soared, the price of raw materials for acetic anhydride rose, and the price of acetic anhydride rose in a short term.

 

EDTA

The third stage: acetic anhydride market recovered and fell

 

Since late August, with the recovery of the operating rate of acetic anhydride enterprises, the price rise of acetic anhydride has been suspended and the price has fallen. Since September, the price of acetic acid and methanol, the raw material of acetic anhydride, has fallen sharply. As of December 19, the price of acetic anhydride is 4475.00 yuan / ton, 36.67% lower than the highest price in 2019 (August 17).

 

3、 Future forecast:

 

According to Bai Jiaxin, acetic anhydride data analyst of business association, the price of acetic anhydride in 2019 generally shows a downward trend. Although there was a short-term rise in June and July, it is more because of force majeure factors such as manufacturer’s equipment maintenance and equipment explosion, and the basic relationship between supply and demand of acetic anhydride has not changed fundamentally. After a short-term soaring, the price of acetic anhydride began to return to a downward trend. By December, the price of acetic anhydride fell back to about 4400 yuan / ton. The price has recovered to the average price level before the soaring price of acetic anhydride in 2017, and the supply and demand of acetic anhydride are basically balanced. The market of acetic anhydride in the future has lost the price support of acetic anhydride shortage. The price of raw materials of acetic anhydride is basically stable. It is expected that the price of acetic anhydride in the future will fluctuate and maintain stable. In 2020, the price of acetic anhydride will fluctuate with the price of raw materials and the impact of supply and demand, but it is difficult to have the market for 18 years. The price of acetic anhydride may fluctuate and adjust between 4400-5000.

EDTA 2Na

On December 19, the price trend of fluorite market in China was temporarily stable

On December 19, the fluorite commodity index was 101.56, unchanged from yesterday, down 20.34% from 127.49 (2019-01-03), the highest point in the cycle, and up 106.38% from 49.21, the lowest point on December 18, 2016. (Note: cycle refers to 2011-09-01 to now)

 

Sodium selenite

According to statistics, the price trend of domestic fluorite is stable temporarily. As of the 19th, the average price of domestic fluorite is 2894.44 yuan / ton. In recent years, the domestic fluorite device has been started normally, the mine and flotation device in the field have been started normally, the supply of fluorite in the field is normal, and the price of hydrofluoric acid in the downstream has increased slightly in recent years. For the purchase on demand in fluorite market, the goods in the fluorite field are generally sold, and the price trend of fluorite market is stable temporarily. In the near future, the downstream units are under normal operation, the spot supply of fluorite in the site is normal, and the downstream demand of the terminal is not getting better, which leads to the market price maintaining volatility. As of the 19th, the price of 97 fluorite wet powder in Inner Mongolia was 2600-2800 yuan / ton, that of 97 fluorite wet powder in Fujian was 2600-2900 yuan / ton, that of 97 fluorite wet powder in Henan was 2600-2900 yuan / ton, and that of 97 fluorite wet powder in Jiangxi was 2600-3000 yuan / ton. The price trend of fluorite was stable temporarily.

 

Sodium Molybdate

The price trend of hydrofluoric acid Market in the downstream of fluorite has been fluctuating. As of the 19th, the price of hydrofluoric acid Market in China was 10240 yuan / ton. The price fluctuation of hydrofluoric acid market has a certain positive impact on the upstream fluorite market. However, the recent operation of hydrofluoric acid plant is general, the demand for fluorite is normal, and the price of fluorite remains low. In the near future, the transaction market of the downstream refrigerant market of the terminal has increased slightly. At present, the automobile industry has entered the cycle of goods preparation. The supply of R22 in China is tight. The market price of R22 in China has increased. The starting load of the manufacturer’s production unit is still not high. The supply capacity of the market source has declined. The downstream air conditioning manufacturer has maintained the demand, but the supply is tight. The price of domestic large enterprises is mainly Flow rose to 13500-14500 yuan / ton. The price trend of R134a market in China has increased slightly, and the unit operating rate of production enterprises has maintained a low level. At present, the automobile industry has entered the stock cycle, and the demand for R134a has slightly improved. At present, the supply of R134a in the market is a little tight, the price remains volatile, and the downstream market has not changed much. In addition, the market price of hydrofluoric acid is volatile in the near future, so the fluorite market may be well supported.

 

On the whole, the market of downstream refrigerant industry has improved, the supply of fluorite in the North has declined gradually, and the recent market of hydrofluoric acid has a rising trend. According to Chen Ling, an analyst of business agency, the market price of fluorite may rise slightly.

http://www.lubonchem.com/