1、 Price trend

According to the monitoring data of the business agency, the average ex factory price of ammonium sulfate in China on November 9 was 568 yuan / ton, while that on November 13 was 560 yuan / ton. The price fell by 1.47% this week.

2、 Market analysis

The price of ammonium sulfate fell slightly this week. Coking grade ammonium sulfate slightly adjusted, internal grade ammonium sulfate Market is strong. By the end of the week, the mainstream ex factory quotations of ammonium sulfate in Henan Province were 520-580 yuan / ton, 500-550 yuan / ton in Hebei Province, 540-570 yuan / ton in Shandong Province, 460-500 yuan / ton in Shanxi Province and 520-630 yuan / ton in Northeast China.

This week, the downstream compound fertilizer market is stable and small. Compound fertilizer raw material high-level operation, cost support is favorable, the main early orders. At present, the demand for ammonium sulfate is weak and there is no obvious improvement. The market is mainly a wait-and-see attitude.

3、 Future forecast

Business Club ammonium sulfate analysts believe that the current coking grade ammonium sulfate operating rate is high, the downstream demand is limited, the market is not warm. The demand of ammonium sulfate in Hexi is stable, and the downstream is mainly purchased on demand. It is expected that the coking grade ammonium sulfate will run weakly and stably in the short term, and the internal grade ammonium sulfate will mainly vibrate in the range.

1、 Domestic sodium pyrosulfite price trend chart

According to the monitoring of the business agency, the domestic sodium metabisulfite price remained stable this week, with an average price of 1750.00 yuan / ton at the beginning of the week and 1750.00 yuan / ton at the weekend, with a rise and fall range of 0.

2、 Market analysis

In November, affected by the fall of upstream raw material cost, some manufacturers slightly reduced the ex factory price of sodium metabisulfite, while the domestic market price of sodium metabisulfite fell slightly. This week, the overall market performance of sodium metabisulfite market was stable. The market price range of industrial grade sodium pyrosulfite was 1650-1800 yuan / ton, and most prices were concentrated in 1700-1750 yuan / ton. The production of the enterprise is stable, and the inventory is maintained at about 30%. The enterprise mainly completes the orders of old customers, but the increase of new orders is limited. (the above prices all refer to the external quotation of domestic mainstream enterprises, and some unreported enterprises are not included in the scope temporarily. The prices are for reference only and have nothing to do with the final pricing of manufacturers. Please contact all manufacturers for details.).

Since November, the price of domestic soda ash has been reduced by 0.89%, the price of sulfur has increased by 1.06%, the overall high level of raw material cost of sodium metabisulfite has been reduced slightly, the price of upstream products has fallen down, and the market price of sodium pyrosulfite has been adjusted with a small margin of cost.

3、 Future forecast

Business agency analysts believe that, affected by cost factors, the domestic sodium metabisulfite market price will continue to move steadily after a small decline. In the short term, with the support of demand, the price of sodium metabisulfite will continue to move forward steadily.

1、 Price trend

According to commodity data monitoring, isopropanol prices rose this week. The average price of isopropanol in China was 8133.33 yuan / ton at the end of last week and 8600 yuan / ton this weekend. The price of isopropanol increased by 5.74% during the week.

2、 Market analysis

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

Domestic isopropanol prices rose this week. Isopropanol closed sharply, the international market of isopropanol in Europe was stable. The price of acetone in the domestic market rose sharply, followed by isopropanol. Up to now, the negotiation range of isopropanol in Shandong Province is about 8300-8500 yuan / ton, and that of Jiangsu Province is 8500-8800 yuan / ton. Zhejiang isopropanol negotiation range is around 8500 yuan / ton. In terms of demand, although the export advantage has weakened, the current export situation is relatively stable. Domestic market demand is general, many manufacturers do not quote, prices return to high, downstream users mainly wait and see, who use who take.

In terms of raw materials, according to the monitoring of bulk commodity data, acetone prices rose this week. At the end of last week, the average price of acetone in China was 7100 yuan / ton, while that of this weekend was 7700 yuan / ton. During the week, the price was increased by 8.45%. At present, the acetone market has a big rise, which strongly supports isopropanol, and the price of isopropanol will rise accordingly.

In terms of propylene, the market price of propylene in Shandong increased slightly this week. At present, the market turnover is between 6750-7200 yuan / ton, and the mainstream price is about 6850 yuan / ton. At present, the inventory of manufacturers is controllable, and the shipment situation is still ideal. It has strong support for isopropanol.

3、 Future forecast

According to isopropanol analysts of the chemical branch of business club, the market price of raw material acetone rose sharply, the market price of propylene increased slightly, the cost support was strong, and the price of isopropanol was increased. In terms of demand, although the export advantage has weakened, the current export situation is relatively stable. Domestic market demand is general, many manufacturers do not offer. It is expected that in the short term, isopropanol prices will mainly run at a high level, and follow-up attention will be paid to the changes in the news.

1、 Price trend

According to the data from the business club’s bulk list, the domestic propylene (Shandong) market price fell slightly this week and then recovered and stabilized, with 6868 yuan / ton at the beginning of the week, 6992 yuan / ton at the weekend, and 6844 yuan / ton on Tuesday and Wednesday, with a weekly increase of 0.34% and a weekly amplitude of 0.70%.

2、 Analysis and comment

According to the price chart of business agency, propylene price remained stable in the first half of October and plummeted by more than 10% in the second half. Since November 1, the price has been adjusted back. Since November 1, the price has risen by 200-250 yuan / ton. After a short period of stabilization, the price dropped slightly by about 100 yuan / ton on August 9 and then stabilized again. On the 12th, it rose 50 yuan / ton and then stabilized again. The market transaction is between 6750 yuan / ton and 7200 yuan / ton, and the mainstream price is about 6850 yuan / ton. At present, the inventory of manufacturers is controllable, and the shipment situation is still ideal.

On November 12, crude oil prices declined slightly, but the range was not large, and the impact on propylene was limited.

This week, PP spot price rose slightly over the weekend, with a weekly increase of 0.20%. The futures market is relatively ideal, which has a slightly positive impact on propylene.

Acrylic acid market continued to rise this week, the weekly increase has reached 5.48%, slightly favorable impact on propylene.

This week, the propylene oxide market rose sharply, with a weekly increase of 9.82%, which made up for the impact of the sharp decline in the earlier period, which had a more obvious positive effect on propylene.

Epichlorohydrin also had a significant upward trend this week, with a weekly increase of 9.20% and a weekly amplitude of 11.28%, which had a significant positive impact on propylene.

This week, domestic n-butanol price continued to rise and then stabilized, with a weekly increase of 3.87%, which had a small positive impact on propylene.

Octanol market in the second half of this week significantly increased, up as high as 7.13%, has a positive impact on propylene.

The isopropanol market rose steadily this week, with a weekly increase of 4.45%, which also had a positive impact on propylene.

This week, phenol in East China showed a ladder upward trend, with a weekly increase of 12.11%, which had a more obvious effect on propylene.

This week, East China acetone also showed a ladder like upward trend, with a weekly increase of 6.94%, which also had a more obvious effect on propylene.

3、 Future forecast

The propylene analysts of the chemical branch of the business society believe that: on the whole, the inventory of propylene manufacturers is controllable, the crude oil price is slightly downward, and the downstream market is relatively ideal, but mainly wait and see, so it is expected that the propylene price will start to stabilize in the near future.

According to the data of business agency, the overall price trend of lithium carbonate began to increase slightly on November 12, with an increase range of 500-4000 yuan / ton. On November 12, the average price of industrial lithium carbonate in East China was 39900 yuan / ton, which was 1.01% higher than that of the early Zhou Dynasty (on November 9, the average price of industrial lithium carbonate in East China was 39500 yuan / ton). On November 12, the average price of battery grade lithium carbonate in East China was 44500 yuan / ton, which was 0.68% higher than that of the early week (on November 9, the average price of battery grade lithium carbonate in East China was 44200 yuan / ton).

According to the observation of market changes, the price of lithium carbonate is on the upward trend today, and the price of industrial lithium carbonate and battery grade lithium carbonate have been increased by different ranges. In recent years, lithium carbonate price has been in a relatively rising range. With the increasing tightening of shipment, the price is also rising. The supply and demand structure is expected to improve with the continuous development of lithium industry.

In recent days, the trend of lithium battery concept stocks is strong. With the gradual recovery of new energy vehicle sales, the trend of lithium battery market is also positive. Driven by favorable factors such as policy and market, the power battery industry ushered in the development opportunity period. This also drives the demand for lithium carbonate to rise, and the increase of production cost makes the price rising. On December 12, the comprehensive quotation price of industrial lithium carbonate market was 36000-43000 yuan / ton, and the comprehensive price of battery grade lithium carbonate market was near 42000-46000 yuan / ton.

According to the price monitoring of business society, there are 23 commodities rising on the list of commodity prices on November 11, 2020, of which more than 5% of the commodities increased by 2, accounting for 2.2% of the monitored commodities in the market; the commodities with the top 3 increase are bisphenol A (7.64%), phenol (5.31%), butadiene (3.73%). There are 5 commodities falling on the same month, the first three products are baking soda (-3.05%), liquid ammonia (-1.63%), light soda (-0.89%).

Analysts of lithium carbonate in business agency believe that the price of lithium carbonate market is rising continuously and the market delivery is tight. Driven by the increase of demand and cost, it is expected that the lithium carbonate market will still be in a positive situation in the short term.

According to the monitoring data of the business agency, as of November 12, the ex factory price of domestic industrial grade propylene glycol was 10666 yuan / ton. Compared with November 8, the average price was increased by 1566 yuan / ton, or 17.22%; compared with November 2, the average price was increased by 1333 yuan / ton, or 14.29%.

Raw material callback gives cost support, foreign trade orders increase, propylene glycol expands

This week, the overall domestic industrial grade propylene glycol market has been rising steadily, and the raw material propylene oxide has gradually risen after stopping the decline, which provides the cost support for propylene glycol. On the first two days of the week, the ex factory price of propylene glycol increased rationally, with the range of 200-600 yuan / ton. Starting from Thursday (November 12), the domestic propylene glycol market experienced a wide range of pull up, with a reference to the rising range of 500-1500 yuan / ton, driven by the continued warming of raw materials and the increasing demand from foreign trade export orders. At present, as of November 12, the ex factory price of domestic industrial grade propylene glycol is 10666 yuan / ton. Compared with November 8, the average price of domestic industrial propylene glycol has increased by 1566 yuan / ton, or 17.22%; compared with November 1, the average price has increased by 1333 yuan / ton, or 14.29%.

On the upstream side, the propylene oxide market trend continued to reverse this week. Some factories in some regions continued to raise the price of propylene oxide by 300 yuan / ton. It was heard that the new orders in the market were well transacted and the supply pressure was small. It is expected that the market will continue to rise in the short term. As of November 12, the mainstream quotation of propylene oxide market was around 15000-15800 yuan / ton, according to the data of the business club’s bulk list.

Low inventory propylene glycol short-term high operation

At present, the overall inventory of domestic industrial grade propylene glycol is low, and the sales pressure is small. It is heard that some factories may be closed in the near future. Therefore, the propylene glycol Data Engineer of the business society believes that the propylene glycol market will be high and strong in the short term.

According to the monitoring of the bulk data of the business agency, due to the poor downstream demand, the ethyl acetate Market is in a weak decline. As of November 12, the average price of enterprises in East China was about 6552 yuan / ton, down 0.83% compared with the beginning of the week and 13.41% higher than the same period of last month.

Recently, the domestic ethyl acetate Market is weak and downward, but the price of ethyl acetate is still at a high level. The production enterprises of ethyl acetate have stable start-up and sufficient market supply. Affected by the weakening downstream demand, the enterprise’s shipping pressure is low, and the inventory is passively accumulated. The market price of ethyl acetate continues to decline, and the market is short-sighted. At present, East China is about 6500 yuan / ton, North China is about 6400 yuan / ton, and South China is about 6750 yuan / ton.

In terms of raw materials, the acetic acid market has a strong rise, with dual support from export domestic demand, low inventory of enterprises, and high price operation of raw materials, and tight market supply, multiple favorable factors support the firm upward trend of acetic acid price. The high level of ethanol market has declined, and the raw material corn has fallen slightly. It is difficult to purchase raw materials in Northeast China. Enterprises order delivery. The demand of liquor and chemical industry in the downstream is limited. At present, ethanol in East China is about 6775 yuan / ton.

The international market price of ethyl acetate fluctuated and adjusted. At present, the port price of European market is about 1300-1400 euro / ton, and that of North American market is about 690 US dollars / ton.

According to the analysts of ethyl acetate of business club, at present, the domestic ethyl acetate Market is running in a weak position. With the weakening of raw material ethanol and insufficient cost support, especially in the case of downstream market demand, the market bearish atmosphere is obvious, and it is expected that the price of ethyl acetate will be weak in a short period of time.

1、 Price trend

According to the price monitoring of the business agency, on November 12, the average price of salicylic acid (industrial grade) mainstream manufacturers was 13833.33 yuan / ton, up 2.47% compared with the beginning of the month, 2.53% higher than the beginning of the month, and 9.78% lower than that at the beginning of the year.

2、 Market analysis

In November, the salicylic acid market continued to warm, with the price rising by 2.47%. Enterprises generally adjusted about 300-500 yuan / ton, and some enterprises kept their prices stable and waited for the market. The rise was mainly due to the demand expectations to boost market sentiment, as well as strong support from the cost side, and the salicylic acid market was stronger. As of November 12, the quotations of salicylic acid industrial enterprises are mostly in the range of 10000-15000 yuan / ton, the quotations of pharmaceutical grade are mostly in the range of 23000-25500 yuan / ton, and the quotations of sublimation level are mostly in the range of 15000-20000 yuan / ton. The actual transaction is mainly through negotiation, and the quantity is preferred.

At present, the domestic and foreign trade demand of salicylic acid is in good performance. The operating rate of domestic downstream factories is increasing, and the demand is increasing. At the same time, the demand of overseas consumption places is recovering steadily. The export orders of domestic salicylic acid enterprises are increasing. The business attitude is optimistic. The manufacturers are operating at a high level, and the supply is in short supply. The price support mood is high and the offer is firm. As of the beginning of the month, phenol rose by 50.39 yuan compared with the market at the beginning of April, which was also a strong driving force for the price of phenol. Overall, the supply and demand side is good, the trend of salicylic acid is strong, and there are further expectations of rising.

The raw material phenol factory has been increased by 250-350 yuan / ton, and the main domestic factory offer is 5900-6000 yuan / ton. In the morning, the market offer remained flat with the factory, and then the downstream inquiry increased and the negotiation went up further, and the offer gradually exceeded 6000 yuan / ton. As of the end of the 11th, the mainstream offer for petrochemical plants across the country was 5900-6000 yuan / ton. Among them, the offer of East China market is 6050 yuan / ton, that of Shandong and surrounding areas of Yanshan is 5900-6000 yuan / ton, and that of South China is 6100 yuan / ton.

3、 Future forecast

Salicylic acid analysts of the business agency believe that: at present, the domestic and foreign trade demand for salicylic acid is good, the orders of salicylic acid enterprises are increasing, the business attitude is optimistic, the manufacturers start high, the supply exceeds demand, the price sentiment is high, and the offer is firm. In the short term, the market is strong.

1、 Price trend

According to the monitoring of commodity data, the price of Yunnan Guizhou yellow phosphorus rose in the first ten days of November. On November 1, the average price of yellow phosphorus was 16250 yuan / ton, and the average price at the end of the month was 16350 yuan / ton. The price rose by 0.62% within the month.

2、 Market analysis

In the first ten days of November, the price of domestic yellow phosphorus market was stable and rising. At present, the overall trend of the domestic yellow phosphorus market is relatively stable, manufacturers mainly issue early orders, and the yellow phosphorus market spot is slightly tense. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is about 16500 yuan / ton; the mainstream quotation in Guizhou is relatively stable at around 16200 yuan / ton; the mainstream quotation in Sichuan is about 16500 yuan / ton. Due to the rising cost, the yellow phosphorus enterprises intend to raise the price, but the downstream acceptance is not high.

In terms of raw materials, according to the monitoring of bulk commodity data, as of November 10, Guizhou Province: 30% grade phosphate ore truck plate quotation reference 300-360 yuan / ton, 28% grade phosphate ore truck plate quotation reference 280-320 yuan / ton, of which Guizhou Fuquan Huifa 28% grade phosphate rock goods factory quotation reference 300 yuan / ton, 20 yuan / ton higher than the beginning of the month, 30% grade phosphate rock freight factory quoted 340 yuan / ton, up from the beginning of the month 20 yuan / ton. Guangxi region: 30% grade phosphate ore truck plate quotation reference 300-360 yuan / ton, 28% grade phosphate ore plate quotation reference 280-320 yuan / ton, Guangxi songgan 28% grade phosphate rock freight plant quotation reference 300 yuan / ton, 20 yuan / ton higher than the beginning of the month, 30% grade phosphate rock freight factory quoted 340 yuan / ton, 20 yuan / ton higher than the beginning of the month.

In terms of coke, as of the 11th, the mainstream price of Panzhihua coke (secondary metallurgical coke) was 2330 yuan / ton, temporarily stable compared with the previous trading day and 200 yuan / ton higher than the same period last month. On the whole, coke prices are relatively strong. Following the seventh round of increase of 50 yuan / ton by coke enterprises in Hebei, Shanxi, Jiangsu and other major production areas, Shandong announced that since 0:00 on November 11, the ex factory price of metallurgical coke of coke production enterprises in Weifang, Binzhou, Dezhou, Jining, Zaozhuang, Heze, Rizhao, Tai’an, etc. has increased by 50 yuan / ton. At present, the downstream steel mills have not responded to this question The final landing depends on the Acceptance Intention of downstream steel mills.

In terms of demand, the domestic phosphoric acid market is stable and small, with sporadic and small increases. After being strongly supported by the cost side in the early stage, the business offers continued to rise, and the trading center shifted upward. Taking Hubei Xingfa group as an example, it is now up to 4900 yuan / ton, a slight increase of 100 yuan. Other regions still have bullish expectations, and the market center of gravity begins to move up. At present, the spot price of raw material yellow phosphorus market is slightly tense, and the manufacturers intend to support the price. However, the downstream demand is not followed up enough, the transaction enthusiasm is not high, and most manufacturers are in a wait-and-see state. In the short term, the market of phosphoric acid is slightly deadlocked. At present, the quotations of mainstream manufacturers refer to 4700-5600 yuan / ton, slightly rising.

3、 Future forecast

The yellow phosphorus analyst of the chemical branch of the business society believes that the price of yellow phosphorus has risen steadily in the first ten days of November. Raw material phosphate rock rose slightly, and the production cost of yellow phosphorus enterprises increased. In autumn and winter, due to the environmental protection requirements of atmospheric monitoring, some yellow phosphorus enterprises in some areas have reduced production, shut down furnace and suspended receiving orders. Make yellow phosphorus spot tight, yellow phosphorus is expected to remain bullish in the short term, but the increase is limited.

Recently, the domestic BDO market has continued to rise. According to the sample data monitored by the business agency, since the National Day holiday, the BDO market price has gone up step by step. On October 9, the average price of domestic BDO producers was 8800 yuan / ton. As of November 11, the average price of domestic BDO producers was 12000 yuan / ton, with a 36.36% increase in the weekly price, a 35.44% rise in price on a month-on-month basis, and a 26.05% increase year-on-year. The continuous rise of BDO price is the only long-term sharp rise in the long-term downturn of BDO market in recent two years.

Some enterprises announced the settlement price in October and the listing price in November:

Settlement in October (bulk water delivery) listing in November (bulk water delivery)

Xinjiang Meike Chemical Co., Ltd. $9500 / ton East China, 9650 yuan / ton South China East China 10800-11500 yuan / ton, South China 11000-11600 yuan / ton

Xinjiang Lanshan Tunhe Chemical Co., Ltd. East China 9500 yuan / ton, South China 9600 yuan / ton, East China 11000 yuan / ton, South China 11200 yuan / ton

The main reason for the sharp rise of BDO market is that due to the impact of domestic BDO device shutdown or maintenance, the spot supply continues to be tight; while the downstream industries start relatively high, and the demand for contract procurement external inventory replenishment is in short supply. The supply of goods in the hands of manufacturers is in short supply, and some manufacturers arrange orders for delivery within 15-20 days. At present, most manufacturers are basically out of stock, and the offer continues to rise.

In terms of the plant, Shaanxi Ronghe will restart on November 12; Dongyuan will be overhauled on October 30, which is expected to restart on November 20; Hecheng coal will be overhauled around 15 days, with an estimated 20 days.

At present, the spot supply is still tight, and some manufacturers have disclosed that the transaction price is about 13000 yuan / ton. BDO analysts predict that the domestic BDO market will remain high in the short term.