1、 Price trend:

According to the bulk list data of business society, the domestic market of PA6 rose in early February, and the spot prices of various brands rose as a whole. As of February 11, the mainstream offer price of the sample enterprises for China viscosity 2.75-2.85 was about 16366.67 yuan / ton, up or down by + 1.87% compared with the average price at the beginning of the month.

2、 Analysis of influencing factors:

Industrial chain: the price of raw material caprolactam rose this week. At present, the high level of raw material pure benzene is strong and the cost support is good. During the week, the market transaction atmosphere was good, the manufacturer’s supply was stable, the downstream procurement began to follow up, and the overall market situation was strong. The price of caprolactam is expected to rise steadily in the short term.

The price of caprolactam in the upstream increased by a narrow margin, and the cost side support of PA6 strengthened slightly. The operating rate of PA6 polymerization plant in China is relatively stable. Before the festival, there were good supply side benefits brought by the maintenance of some enterprises, but at present, most of them are the production and delivery of contract orders, and the good supply side in the early stage is not significantly reflected. After the festival, downstream enterprises have successively entered the restart stage, and the demand in some areas has increased. The inventory position of terminal enterprise PA6 is not high, but the purchase operation is mainly based on rigid demand.

3、 Future forecast:

Business analysts believe that the spot price of PA6 rose after the festival, the trend of caprolactam increased by a narrow margin, and the cost support of PA6 is acceptable. After the festival, the terminal demand is gradually expanded, but the buyer camp has resistance to the high price supply, and it is expected that the PA6 market may weaken in the short term.

According to the price monitoring of business agency, the domestic PTA market fell slightly on February 10. The average market price in East China was 5670 yuan / ton, down 0.08% from the previous trading day and up 40.62% year-on-year. PTA futures 2205 closed at 5690, down 24, or 0.42%.

Recent changes of PTA units in China

manufacturing enterprise Unit capacity (10000 t / a) Device change

Yisheng Ningbo two hundred Maintenance for 2 weeks on February 10.

Yisheng new materials three hundred and thirty The load will be reduced to 50% from February 9 to the end of February, and it is estimated to remain until the end of February.

Zhongtai petrochemical one hundred and twenty About 80% of the construction was started in early February.

Yisheng Dalian two hundred and twenty-five The overhaul is planned in early March, and the specific situation is to be determined.

In terms of supply, the 3.3 million ton PTA plant of Yisheng new material is planned to reduce the load to 50% on February 9 and is expected to remain until the end of February. Yisheng Ningbo 2 million ton PTA plant is scheduled to start maintenance for two weeks on February 10. About 80% of the 1.2 million ton PTA plant of Zhongtai Petrochemical was started in early February. The 2.25 million ton PTA plant in Yisheng Dalian is planned to be overhauled in early March, and the specific situation is to be determined. At present, the operating rate of PTA industry has dropped to around 82%.

In terms of crude oil, data released by the US Energy Information Administration (EIA) showed that crude oil inventories decreased by nearly 5 million barrels last week, adding to the record demand for refined oil, which boosted oil prices. On February 9, international crude oil prices rose. The settlement price of the main contract of WTI crude oil futures in the United States was US $89.66/barrel, up US $0.30 or 0.34%, and the settlement price of the main contract of Brent crude oil futures was US $91.55/barrel, up US $0.77 or 0.85%.

Downstream end enterprises gradually resumed work after the festival, and the operating rate of Jiangsu and Zhejiang looms rebounded to more than 13%. In addition, the cooling and snowfall weather occurred in some areas, which affected the purchase and sales of enterprises to a certain extent. The purchase of raw materials was mainly cautious. Today, the quotation of mainstream polyester factories in Jiangsu and Zhejiang was temporarily stable.

Business analysts believe that the high volatility of crude oil still supports PTA in terms of cost, the slow recovery of downstream demand, the reduction of PTA’s own supply pressure and more good news on the overall fundamentals. It is expected that the short-term PTA price will be subject to strong volatility and adjustment.

Price: industrial grade lithium carbonate 365600 yuan / ton, battery grade lithium carbonate 390000 yuan / ton

Analysis: after the Spring Festival holiday, the price of lithium carbonate continued to rise steadily. At present, the market is in the state of resumption of production and work. Around the middle of February, domestic lithium carbonate maintenance enterprises will gradually resume normal production, and the supply will increase. After the festival, cathode material enterprises reduced production slightly, but the demand for lithium carbonate is still at a high level.

Forecast: with the downstream market gradually entering the production track after the festival, the demand for lithium carbonate will continue to increase, and the price of lithium carbonate is expected to continue to rise in the short term.

Recent domestic isobutyraldehyde price trend

As can be seen from the above figure, the domestic isobutyraldehyde market price rose sharply this month. The quotation first rose from 9733.33 yuan / ton on January 1 to 17166.67 yuan / ton on January 11, up 7433.34 yuan / ton, up 76.37%, then fell to 13300.00 yuan / ton on January 25, down 22.52%, and finally rose to 15400.00 yuan / ton on January 31, up 15.79%. Overall, the isobutyraldehyde market rose first, then fell and then rose this month, with an increase of 58.22% for the whole month.

 
From the manufacturer’s quotation, the prices of mainstream domestic isobutyraldehyde manufacturers rose first and then fell this month. The manufacturer’s inventory is general, and the downstream demand is good. The quotation of lihuayi isobutyraldehyde at the end of the month was 15500 yuan / ton, an increase of 6300 yuan / ton compared with the beginning of the month; Shandong Zhenkun isobutyraldehyde offered 14500 yuan / ton at the end of the month, an increase of 4500 yuan / ton compared with the beginning of the month; Hualu Hengsheng isobutyraldehyde offered 16200 yuan / ton at the end of the month, an increase of 6200 yuan / ton compared with the beginning of the month.

Insufficient upstream support and weakening downstream demand

From the perspective of upstream and downstream industrial chains, the upstream propylene market rose first and then fell this month, with a slight rise on the whole. The quotation first rose from 7548.60 yuan / ton on January 1 to 8212.60 yuan / ton on January 20, an increase of 8.80%, and then fell to 7750.80 yuan / ton on January 31, a decrease of 5.62%, a year-on-year increase of 9.66% compared with the same period last year. The cost support is good, which has a positive impact on isobutyraldehyde. The market price of downstream neopentyl glycol rose sharply, and the quotation increased from about 13333.33 yuan / ton at the beginning of the month to 16647.33 yuan / ton at the end of the month, up 3314 yuan / ton, or 24.86%. The downstream market rose sharply, and the downstream purchase enthusiasm for isobutyraldehyde increased. On the whole, the upstream and downstream products had a positive impact on the price of isobutyraldehyde this month.

Market outlook rose slightly

The domestic isobutyraldehyde market may rise slightly in the middle and early days of February. The price of propylene in the upstream has been adjusted at a high level recently, the cost support has been strengthened, the market of neopentyl glycol in the downstream has risen sharply, the enthusiasm of isobutyraldehyde in the downstream has been strengthened, and the product trend is upward under the contradiction between supply and demand. Isobutyraldehyde analysts of business society believe that under the influence of supply and demand and raw materials in the short term, the domestic isobutyraldehyde market may rise slightly.

In 2021, the supply of hips market exceeded the demand, and the price fluctuated downward. During the year, the trend was roughly up-down-up-down, in the shape of W. According to the bulk data list of business society, the average price of hips at the beginning of the year was 12693.33 yuan / ton and the price at the end of the year was 11266.67 yuan / ton. The lowest price of the whole year was in September and the highest price was in May, with a decrease of 11.24% during the year.

2、 Market analysis

The hips market rose first and then fell in the first half of the year. During the Spring Festival, the US gold price of styrene soared, and the spot price rose rapidly after the festival. PS petrochemical manufacturers increased sharply, which boosted traders to actively pursue the rise. In addition, some PS devices such as Jiangsu saibaolong and CITIC Guoan stopped and reduced production, the on-site supply was slightly tightened, and the superposition of favorable factors boosted the rise of hips prices. In May, under the guidance of macro policies, the prices of nearly 100 kinds of raw materials collectively “dived”, and the market gradually returned to rationality. All plasticized products fell to varying degrees. Moreover, after the strong rise of hips in the early stage, the demand side followed up in general, the hips price decreased and the market focus moved down. In June, the shock of raw styrene weakened, the supporting force of cost declined, superimposed the impact of power rationing in some regions, and the trading in some regions was affected, and the hips price continued to decline.

In the second half of the year, the demand growth was slow, the boost was insufficient, and the hips was high and down. In July, the price of raw styrene fluctuated and weakened, the cost support was general, coupled with the general demand in the off-season, the shipment of hips was poor, and the offer of cargo holders was loose. At the same time, the early maintenance device was closed, the supply increased, and the hips price fell under the interweaving of bad and bad. August is still the off-season of demand. Under the drag of demand, even if the raw materials rebound, the hips market is still dominated by steady decline. In September, the raw material styrene fluctuated sharply in the month, with an increase of about 4% in the month. The cost side supported the slight rise of hips price. After returning from the National Day holiday in October, the hiips market continued to rise. In addition, the market supply was slightly tightened, and the cargo holders took advantage of the trend to increase their offer. Since the middle of the year, due to the macro policy, the market sentiment has been depressed and the superposition of power and production restrictions in some regions, the downstream continued to need replenishment, the cost side and demand side were weak, and the hips market was dominated by bad conditions. In October, the price of raw styrene fell by nearly 20%, the cost was reduced, the demand was poor, the sales pressure of cargo holders was large, and the market supply was increasingly abundant, Negative sentiment dominated the market, and hips prices fell frequently. In December, the cost side was average. The market price of hips continued to decline for good. At the end of the year, the positive shipping psychology of cargo holders was obvious. In addition, the market supply was increasingly abundant, and hips fell by about 4% in the month.

According to the monthly growth and decline from April 1, 2021 to December 31, 2021, it can be seen that the ups and downs are mixed in the hips cycle, but they are obviously up less and down more. They rise only in April, may, September and October. The month with a larger increase is may, with an increase of 4.18% for the whole month, and the largest decrease is November, with a decrease of 6.49%.

In terms of raw materials, the price of styrene generally showed a trend of “rise shock fall” in 2021. The decrease of imports promoted the rise, and the cost support was strong in the early stage and then weakened. As 2022 approaches, it is expected that the effective production capacity of styrene will increase by 27% in 2022, and the industrial chain will also usher in centralized production. The production capacity growth of upstream and downstream core links may reach a high level. Looking ahead, the supply of styrene and its downstream products will be relaxed. In 2022, based on the expected requirements of the state for the stability maintenance of the real estate industry, the growth rate of terminal demand such as household appliances slowed down, and there was a risk of slowdown in foreign demand after superimposing the gradual consumption of subsidies for the U.S. epidemic. Next year’s styrene price will be balanced by crude oil cost guidance, import volume, port inventory and downstream enthusiasm for taking goods.

3、 Future forecast

The business society believes that in 2021, the supply of hips market is relatively abundant, the demand side also has the trend of steady improvement, and the contradiction between supply and demand is not prominent. Therefore, the price fluctuation during the year is not violent, and the overall shock is mainly downward. With the acceleration of PS’s new production, it is expected that the total production capacity of PS industry may reach 7.96 million tons by the end of 2023. Hips may have a certain downward expectation. It is also necessary to pay attention to macro news, device dynamics and raw material price trend.

According to the price monitoring of business society, the price of lithium carbonate remained rising rapidly in January 2022, and the price continued to jump up until the end of the month. On January 27, the average price of industrial grade lithium carbonate in East China was 353600 yuan / ton, an increase of 32.93% compared with the average price at the beginning of the month (the average price of industrial carbon in East China was 266000 yuan / ton on January 1). On January 27, the average price of battery grade lithium carbonate in East China was 382000 yuan / ton, which was 35.46% higher than that at the beginning of the month (the average price of carbon in East China was 282000 yuan / ton). Until the 27th, the comprehensive price of industrial grade lithium carbonate was between 350000 and 383000 yuan / ton, and the comprehensive price of battery grade lithium carbonate was between 360000 and 41000 yuan / ton.

By observing the market changes, after the end of the new year’s Day holiday this month, the price of lithium carbonate continues to rise and the quotation continues to set a new high. The shutdown and overhaul of major manufacturers in the market and the gas restriction of natural gas in Qinghai still lead to the low supply, so the quotation of some enterprises is still rising. At present, the supply of goods in the market is still at a low level. All enterprises basically focus on the supply of long-term cooperative customers, and the quotations of some traders for industrial carbon and electric carbon are increasing.

Around the middle of January, the price of lithium in Wuxi fell sharply, and some enterprises in the market released a little. However, under the circumstances of limited inventory and high downstream demand, it had little impact on the price of lithium carbonate, and the spot price remained high. Although the Spring Festival holiday is approaching, the demand for downstream goods preparation is still strong, and the price of lithium salt continues to rise. Downstream lithium iron phosphate enterprises still have some shortage of goods, and ternary manufacturers have sufficient raw materials supported by some long orders. The market stock situation in February and March is not optimistic, and the order inquiry and purchase demand will continue. After the Spring Festival holiday, downstream manufacturers may reduce production due to the shortage of lithium carbonate raw materials.

The downstream lithium hydroxide market rose steadily, the price of raw material spodumene was high, lithium hydroxide actively followed the rise of raw materials, downstream inquiry and procurement were active, the market atmosphere was active, and the price rose. Before the festival, the downstream replenishment was positive, the demand side was improved, and the lithium hydroxide Market was strong.

The price trend of lithium iron phosphate in the downstream is upward. At present, the manufacturers are actively shipping. Due to the tight supply side, the focus of negotiation is high, the focus of the upstream market is high, and the price rises. The lithium iron phosphate Market has certain support, and the overall market is strong.

According to the lithium carbonate analyst of business society, the output of lithium carbonate fell for several weeks in January, and the gap between supply and demand is still widening. At the end of the month, the logistics market was basically shut down, and the upstream shipments gradually decreased, while the production scheduling demand for cathode materials remained high. Under the condition that the upstream shipments were still tight and the downstream stock sentiment remained unchanged, it is expected that the price of lithium carbonate may rise strongly after the year.

According to the monitoring data of business agency, the price of styrene in Shandong remained at 6066.67 yuan / ton on January 1 and 8400 yuan / ton on December 31, with an overall increase of 38.43% in the whole year. The highest price point appeared at 10666.67 yuan / ton on May 18 in the second quarter, and the lowest price point appeared at 6066.67 yuan / ton on January 1.

In 2021, the price of styrene generally showed a trend of “rise shock fall”. The strong rise in the first half of the year was mainly due to the shutdown of a large number of units in the United States affected by the cold wave, the simultaneous maintenance of units in Europe and the Middle East, the shortage of global styrene supply, the price of overseas styrene increased the domestic price, the reduction of domestic net import, the low industrial inventory and the rise of price shock. The overall trend from the middle of the year to the third quarter was stable, which was the opposition between strong cost support and weak demand. The decline in the fourth quarter was due to the increase in the import of raw material pure benzene, the decline in the price, and the weakening of styrene cost support.

According to the K-bar chart of business community month, the number of months of styrene price rise in 2021 is more than the number of months of decline, of which the upward range is the largest in February, reaching 39%, and the downward range is the largest in November, reaching 19.7%.

In the first quarter, the price of styrene rose. On January 1, the price of styrene in Shandong was about 6066.67 yuan / ton, and on March 31, it was about 8533.33 yuan / ton, with a price increase of 40.66%. From January to the end of February, the price of styrene continued to rise. The crude oil market continues to rise, ethylene and pure benzene rise all the way, and the cost support of styrene becomes stronger. In addition, as the Spring Festival approaches, funds have strong optimistic expectations for downstream demand due to the in-situ Festival, and the styrene market as a whole has risen sharply. By the beginning of March, crude oil rebounded strongly, and bulk commodities were all positive. At the same time, pure benzene and ethylene also rose strongly, and the cost side was stimulated. In addition, the styrene inventory in the port was still at a historically low level, orders continued to be traded during export, and the US dollar price also played a supporting role at a high level, making the outer circumference better, As a result, the spot price of styrene surged to a new high of 9616.67 yuan / ton from the high correction to March 8. After March 8, with the continuous recovery of peripheral parking devices, domestic export shipments slowed down and export orders decreased significantly. Although the wharf inventory continued to decline, the decline was less than expected. In addition, the downstream and terminal demand was delayed to cash in, the positive output of styrene was exhausted, and the positions of futures EB05 were reduced, At the same time, under the short position increase, the futures price fell rapidly, and the market bearish sentiment appeared, guiding the continuous correction of styrene spot within the month. Near March 22, crude oil fell sharply, helping styrene fall to near cash flow. With the strong support of the cost side, the price of styrene stopped falling and rebounded. Under the strong expectation of the cost side, short supply at the end of the month and goods preparation during the Qingming holiday, as well as the expectation of tight spot supply in April, the market bull confidence was boosted, and the night trading of styrene futures rose, driving the spot price upward, The price of styrene rebounded to around 8533.33 yuan / ton.

In the second quarter, the price of styrene fluctuated and rose slightly. On April 1, the price of styrene in Shandong was about 8766.67 yuan / ton, and on June 30, the price of styrene in Shandong was about 9125.00 yuan / ton, up 4.09%. The trend of the second quarter can be divided into two parts. In the first part, from early April to mid May, the European and American economies gradually recovered, the popularity of vaccines boosted the demand for crude oil, and the international crude oil maintained a optimistic attitude, driving the rise of bulk commodities. Due to the centralized shutdown of styrene units in the United States due to the cold wave, the global supply is tightened, there is arbitrage in the source of export goods, there is a need to replenish the spot goods for export shipment, and the demand side support is strong. In addition, the maintenance of domestic styrene factories was concentrated in April, and the import volume shrank significantly. During the month, the inventory of ports and styrene factories continued to fall to a low level, giving bulls the opportunity to rise, the main futures bulls increased their positions, and the spot tracked up. In the second part, from late May to late June, crude oil surged, pure benzene callback and styrene cost support weakened. With the continuous release of new domestic production capacity of styrene, the gap between supply and demand gradually narrowed, the market bullish confidence weakened and the price fell. At the end of June, the price of pure benzene rose sharply under the tight market and supported a certain rebound in the price of styrene. However, the overall demand for styrene downstream decreased, and the spot price of styrene was slightly corrected.

In the third quarter, the price of styrene fluctuated first and then fell, and the overall price fell slightly. On July 1, the price of styrene in Shandong was about 9262.50 yuan / ton, and on September 30, the price of styrene in Shandong was about 9190.00 yuan / ton, down 0.78%. In July, the domestic styrene market showed a shock trend of correction after rise. The rise and fall of styrene prices basically revolved around the cost side. The trend of crude oil and pure benzene guided the price of styrene more. The fundamentals changed little and remained stable as a whole. In August, the price of styrene fluctuated in a narrow range under the support of cost and the suppression of demand, and fell as a whole. After the sharp rise of Styrene Market in September, it fell slowly. East China pure benzene rose slightly in the shock, and the maintenance news of downstream styrene Zhejiang Petrochemical in October triggered a sharp rise in styrene futures and spot. Driven by linkage trading, pure benzene has been actively bought, the price has risen rapidly, and the cost support has given impetus to the rise of styrene. By the middle of the month, the rise of pure benzene was weak and the price fell continuously. This led to a correction in styrene prices. Near the end of the month, the price of styrene fluctuated and stabilized, the purchasing market before and after the Mid Autumn Festival, and the spot buying sentiment appeared one after another, but the pursuit was weak. In addition, the supply and demand decreased under the “energy-saving policy” in Jiangsu, while styrene units were restarted in other regions, the supply increment superimposed the arrival of ports, and the rebound of styrene was unsupported, showing an consolidation situation.

In the fourth quarter, the price of styrene generally declined. On October 1, the price of styrene in Shandong was about 9190.00 yuan / ton, and on December 31, the price of styrene in Shandong was 8400.00 yuan / ton, down 8.6%. In the quarter, from the macro perspective, the crude oil fluctuated lower from October to late November. From the low of November, the mutant strain Omicron was found and widely spread, the fear of economic recovery was restarted, the oil price fell sharply, and the macro environment support was insufficient. The price of pure benzene on the cost side fell sharply due to the rise of inventory in East China port, the subsequent centralized arrival of ships, and the expectation of load increase of large units in East China. The supply of styrene increased sharply due to the restart of large units and the planned operation of subsequent new production capacity, resulting in strong bearish sentiment in the market. In the downstream, as the temperature drops, some downstream areas in the North enter the seasonal off-season, and the construction starts decline. Due to the impact of environmental protection, the demand is further under pressure, and the price of styrene has plummeted all the way. By December, under the influence of cost support and obvious destocking performance of wharf inventory due to incremental pick-up, the styrene price superimposed the market’s short expectation that Wanhua and lihuayi will be put into operation soon, fell back slowly after the sharp rise, and rebounded at the end of the month, rising as a whole.

According to the styrene data analyst of business society, the styrene price generally showed a trend of “rise shock fall” in 2021. The decrease of imports promoted the rise, and the cost support strengthened in the early stage and then weakened. As 2022 approaches, it is expected that the effective production capacity of styrene will increase by 27% in 2022, and the industrial chain will also usher in centralized production. The production capacity growth of upstream and downstream core links may reach a high level. Looking ahead, the supply of styrene and its downstream products will be relaxed. In 2022, based on the expected requirements of the state for the stability maintenance of the real estate industry, the growth rate of terminal demand such as household appliances slowed down, and there was a risk of slowdown in foreign demand after superimposing the gradual consumption of subsidies for the U.S. epidemic. Next year’s styrene price will be balanced by crude oil cost guidance, import volume, port inventory and downstream enthusiasm for taking goods.

According to the monitoring data of business society, as of January 25, 2022, the average ex factory price of domestic industrial grade dimethyl carbonate is 9933 yuan / ton. Compared with the price on January 1, 2022 (the reference price is 8733 yuan / ton), the average price is increased by 1200 yuan / ton, or 13.74%.

From the business data monitoring chart, it can be seen that in January, the domestic dimethyl carbonate market showed a steady upward trend. After the end of the new year’s Day holiday, the downstream of domestic dimethyl carbonate began to prepare goods one after another, and the downstream demand performed well. The goods were prepared and purchased intensively before the festival. The sales pressure of dimethyl carbonate factory was small, and the market price of dimethyl carbonate was strong and upward all the way. On January 15, the average price of domestic dimethyl carbonate was 9550 yuan / ton. Compared with the beginning of the month, the average price was increased by 817 yuan / ton, a half month increase of 9.35%.

In late January, the construction of Shandong dimethyl carbonate factory was postponed, the on-site supply decreased, and the supply pressure of the factory was not large. The market price of dimethyl carbonate continued to rise. On January 21, the average ex factory price of domestic dimethyl carbonate rose to around 9933 yuan / ton, an increase of 4.01% in seven days. In the last week of January, the downstream preparation of dimethyl carbonate was completed one after another, and the purchasing atmosphere became weaker. Supported by the continuous tight supply before the festival, the dimethyl carbonate market continued to operate at a high level. The downstream customers mainly waited and waited after the preparation, and there were sporadic out of stock replenishment orders. As of January 25, the ex factory price of domestic dimethyl carbonate was around 9800-10000 yuan / ton, The cumulative increase in January exceeded 13%.

In terms of index, the dimethyl carbonate commodity index on January 24 was 175.29, the same as yesterday, 29.88% lower than the highest point of 250.00 in the cycle (2021-10-26), and 75.29% higher than the lowest point of 100.00 on June 6, 2021. (Note: the period refers to the period from June 1, 2021 to now)

On the upstream side of propylene oxide, the market price of propylene oxide has risen recently. The price of raw propylene rose, the cost support was gradually strengthened, some devices in the field operated with a slightly low load, and the spot supply was tight, which supported the manufacturers’ mentality of supporting the market. At the beginning of the week, the new orders in the downstream were general, mainly on the sidelines. With the moderate preparation of some downstream goods, the market was strong and followed up. On the 24th, the mainstream quotation of propylene oxide Market in Shandong was around 11100-11200 yuan / ton.

For the upstream dimethyl ether Market, on January 24, the domestic dimethyl ether market rose strongly, the Henan market rose slightly, and the market prices in Hebei and Shandong rose significantly, with a range of 50 yuan / ton. The cost methanol market was adjusted horizontally, and the civil LPG market was stable and upward, which brought some support to the market. The market trading atmosphere was mild. It is expected that the dimethyl ether market will still rise slightly in the short term.

Future trend analysis

At present, the downstream factories of dimethyl carbonate have been withdrawn from the market for holidays, and the market inquiry atmosphere is light. The dimethyl carbonate analysts of the business society believe that before the Spring Festival, the domestic dimethyl carbonate market is stable and in full operation, and more attention needs to be paid to the basic changes in supply and demand.

According to the price monitoring of business agency, the price trend of sulfur (granular sulfur) in East China rose this week. The quotation of sulfur was 2130 yuan / ton on January 24. Compared with the price of 2096.67 yuan / ton at the beginning of the week, it increased by 1.59% during the week and 5.10% month on month.

The domestic sulfur market has been sorted upward, the downstream demand has increased, the sulfuric acid Market and phosphate fertilizer have made good progress, the shipment of sulfur enterprises is smooth, and the operator’s mentality is positive and optimistic. During the week, refineries in various regions raised their quotation according to their shipment and inventory, which is different from that in various regions. The liquid sulfur in East China increased by 50-70 yuan / ton, and the mainstream price is 1830-1900 yuan / ton; Liquid sulfur in North China will be raised by 20 yuan / ton, and the mainstream price will be 1640-1800 yuan / ton; Liquid sulfur in Shandong will be raised by 80 yuan / ton, and the mainstream price will be 1840-1890 yuan / ton. As of January 23, the regional prices of sulfur (particles) in China are as follows:

region varieties January 17th January 23rd Rise and fall

East China Sulfur (particle) 2120-2210 yuan / ton 2140-2230 yuan / ton twenty

North China Sulfur (particle) 1800-1990 yuan / ton 1830-2020 yuan / ton thirty

Shandong region Sulfur (particle) 2030-2050 yuan / ton 2080 yuan / ton 30-50

The downstream phosphate fertilizer market was stable and positive, the downstream demand increased before the festival, and the new orders in the venue were well traded. On Monday, the market trend of ammonium rose steadily, with a price increase of 1.31% compared with that at the end of last week. The downstream procurement enthusiasm and the market situation were good. The quotations of some manufacturers were increased, the manufacturers had more early orders, and a small number of enterprises received orders. The market of diammonium continued to be stable during the week and the market demand increased. However, due to the large number of orders in the early stage, some enterprises suspended receiving orders. From the perspective of supply and demand performance, ammonium phosphate market runs smoothly.

According to the sulfur analyst of business society, the arrival and circulation volume of domestic ports is small, and the downstream replenishment before the festival is superimposed. The refineries in various regions are actively increasing with the good attitude of the market. The downstream replenishment is coming to an end in the later stage, and the port supply will also enter the market. It is expected that the sulfur market will wait and see and pay attention to the market follow-up in the future.

DOP prices rose first and then fell this week

According to the data monitoring of business agency, DOP prices first rose and then fell this week, and DOP prices rose and then fell. As of January 21, the DOP price was 11350 yuan / ton, up 10.46% from 10275 yuan / ton on January 14 last weekend. The rising demand for goods preparation during the Spring Festival stimulated the sharp rise of DOP price. After the goods preparation, DOP price lost its support and fell.

Isooctanol prices stabilized after rising

According to the price monitoring of business agency, the domestic isooctanol price stabilized after rising this week, with an increase of 14.06%. This week, the customer’s pre holiday goods preparation basically ended, the demand fell, and the price of isooctanol stabilized after rising. The price of isooctanol stabilized, the cost of plasticizer DOP stabilized, the stock preparation for the Spring Festival basically ended, and the transaction of isooctanol fell. In the future, the rising power of isooctanol price weakened, the downward pressure increased, the rising power of DOP weakened and the downward pressure increased.

The price of phthalic anhydride stabilized after rising

According to the price monitoring of business society, the price of phthalic anhydride stabilized after rising this week. As of January 21, the price of phthalic anhydride was 7675 yuan / ton, up 3.54% from 7412.50 yuan / ton on January 17. The Spring Festival stock up ended one after another, the demand for phthalic anhydride decreased rapidly after a short increase, the price of phthalic anhydride stabilized in the future, the price of DOP raw material phthalic anhydride stabilized, the upward momentum of DOP weakened, and the downward pressure increased.

PVC market fluctuated and rose

According to the price monitoring of the business society, the PVC price rebounded and rose this week, and the PVC market became warmer. As of January 21, the price of PVC was 8460 yuan / ton, up 2.17% from 8280 yuan / ton on January 14. During the downstream Spring Festival, the goods were prepared in advance, the PVC price rose, the spring festival goods preparation ended one after another, and the rigid demand decreased; The overall demand for plasticizer is insufficient, and the DOP market is relatively bad.

Future expectations

DOP data analysts of business agency believe that due to the impact of goods preparation during the Spring Festival, the prices of raw materials isooctanol and phthalic anhydride fluctuated and rose this week, and the cost of DOP rose; With the end of spring festival goods preparation, the price of raw materials stabilized and fell, the upward momentum of DOP weakened, and the downward pressure increased. In the future, the Spring Festival stock up is gradually over, the demand for plasticizers is insufficient, the upward momentum of DOP is weakened, the downward pressure is increased, and the DOP price is expected to be adjusted weakly.