I. price trend

According to the price monitoring of business agency, the ex factory price of refrigerant R134a in China fell slightly this week. On October 28, the average ex factory price of mainstream manufacturers was 23833.33 yuan / ton, and the average weekend (1 day) price was 23666.67 yuan / ton, down 0.7% in the week, down 19.32% compared with the same period last year.

II. Market analysis

Product: this week, the market price of R134a in refrigerant market fell slightly, and the overall trend of domestic hydrofluoric acid price continued to decline. The goods delivery situation of manufacturers in the field still did not improve. In addition, the domestic hydrofluoric acid plant maintained a high operating rate, and the domestic spot supply was sufficient. Some manufacturers continued to reduce the factory price, and the cost was negative in the face of refrigerant. At present, the macro-economic downturn, the development of the automobile industry is not optimistic, the demand for refrigerant R134a from major manufacturers in the terminal and air-conditioning industry is flat, and the overall after-sales market is not very active. At present, the trend of R134a is weak, and there is no obvious positive effect. As of November 1, R134a of Zhejiang Juhua Co., Ltd. has quoted 26000 yuan / ton, R134a of Quzhou Jiuzhou Chemical Co., Ltd. has quoted 22000 yuan / ton, R134a of Zhejiang lengwang technology has quoted 23000 yuan / ton, R134a of Yuemei Chemical Co., Ltd. has quoted 24000 yuan / ton, R134a of Longxun trade has quoted 23500 yuan / ton, R134a of Yumei Chemical Co., Ltd. has quoted 25000 yuan / ton, and R134a of blue planet has quoted 25000 yuan / ton.

Industry chain: the price of upstream products in domestic hydrofluoric acid market has fallen sharply, the operation of domestic hydrofluoric acid plant is stable, the supply of goods in the site is sufficient, the situation of goods in hydrofluoric acid market is not good, and the market price keeps falling. Downstream terminals, major manufacturers of air conditioning industry and automobile industry do not have high demand for refrigerant R134a, so there is no good support.

Industry: according to the price monitoring of the business association, in the 43rd week of 2019 (10.28-11.1), there are 12 kinds of commodities rising month on month in the list of commodity prices in the chemical industry sector, among which there are two kinds of commodities rising by more than 5%, accounting for 2.4% of the number of commodities monitored in the sector; the top three commodities are dichloromethane (9.58%), sulfuric acid (6.98%) and aniline (4.24%) There are 40 commodities with a decline of 5% or more, accounting for 4.7% of the monitored commodities in the sector; the top three products with a decline are DMF (- 7.88%), butadiene (- 6.73%) and acrylic acid (- 5.88%) This week’s average was – 0.61%.

III. future forecast

According to the refrigerant analyst of business association, at present, the cost end support of refrigerant R134a is weak, and the downstream demand is weak. On the whole, the market trading is not strong, and it is predicted that R134a market is still weak in the short term.

This week (10.21-10.25), the price of NBR was stable, and the price of NBR was 17666 yuan / ton, up or down 0%.

Price drop of raw material butadiene

Butadiene prices fell this week, weakening support for NBR. According to the monitoring of the business agency, the price of raw butadiene was 10457 yuan / ton on October 21, and 9914 yuan / ton on October 25, down 5.19% on the whole.

Petrochemical factory price offer firm

This week (10.21-10.25), the equipment of domestic nitrile manufacturers is in normal operation. According to the business agency, Lanzhou Petrochemical’s 65000 T / a unit is in normal operation. This week, the factory price of Lanhua NBR is stable. At present, n41e reports 17100 yuan / ton, 3305e reports 17300 yuan / ton, and 3308e reports 17300 yuan / ton. Ningbo shunze 65000 tons / year unit is in normal operation. At present, NBR 3355 reports 16800 yuan / ton, 28 reports 16600 yuan / ton, 3380 reports 17000 yuan / ton. Zhenjiangnan emperor’s NBR 50000 tons / year unit is in normal production, and the actual bill is negotiated. The manufacturer plans to repair the equipment from October 26 to November 5. The market supply is relatively small and the price is slightly higher.

Downstream inquiry on demand

The demand of the downstream plant of NBR is weak, and the demand inquiry for NBR is more on demand. The overall NBR market is relatively weak and stable, and the supply of some brands of NBR is not much, and the price is firm.

Outlook for the future

According to Xu Xiaokun, an analyst of the business agency, the price of raw materials has declined and the downstream inquiry on demand has slightly weakened the NBR as a whole. It is expected that the price of NBR will be weak in the later period.

On October 29, the ammonium nitrate commodity index was 121.05, the same as yesterday, a record high in the cycle, 56.46% higher than the lowest point of 77.37 on October 31, 2016. (Note: cycle refers to 2013-02-01 to now).

On 29th, the price trend of domestic ammonium nitrate Market was temporarily stable, the operation of domestic ammonium nitrate manufacturers’ devices was stable, the delivery market of ammonium nitrate manufacturers was general, the downstream purchase was on demand, coupled with the impact of environmental control, the domestic downstream civil explosive industry still had more production stops, the domestic ammonium nitrate manufacturers started limited, and the price trend on the site was temporarily stable. Up to now, the negotiation mainstream in Shaanxi Province is 2300-2400 yuan / ton, in Shandong Province is 2200-2300 yuan / ton, and in Hebei Province is 2300-2500 yuan / ton. Affected by environmental protection, some downstream manufacturers are forced to limit production or stop production for maintenance and accept environmental protection inspection. The demand for ammonium nitrate is at a low level, but the cost of raw materials is well supported, and the price trend of ammonium nitrate Market is stable.

In recent years, the price trend of domestic nitric acid market continues to maintain a low level, and the quotation of mainstream manufacturers in Jiangsu Province is 1600 yuan / ton. The quotation of mainstream manufacturers in Anhui is about 1650 yuan / ton. Shandong manufacturers offer 1650 yuan / ton, the price trend is weak. The delivery of nitric acid is general. The low price of nitric acid has a certain negative impact on the market of ammonium nitrate, and the price trend of ammonium nitrate is stable temporarily. The market of liquid ammonia in the upstream domestic market is rising, some of which are 100-200 yuan / ton. Some enterprises in Shandong are rising, and the price in the northwest is rising. At present, the local ammonia quantity is normal, especially the supply of some manufacturers in Shandong is relatively tight, but The main quoted price of manufacturers with large ammonia volume is mainly stable. In Shandong Province, the main quoted price is 3000-3200 yuan / ton, and in Hebei Province, the main quoted price is 2950-3100 yuan / ton. The rise of liquid ammonia market has a certain positive impact on the downstream ammonium nitrate Market, and the market price of ammonium nitrate is temporarily stable. In the near future, the market of the downstream civil explosive industry has not changed much. The market demand for ammonium nitrate is limited. The inventory of ammonium nitrate manufacturers is high, but the market price of raw materials remains high. The price trend of ammonium nitrate Market is generally stable due to the commodity market. Analysts of ammonium nitrate of business association think that in the near future, the market price of upstream raw material nitric acid remains low, and the downstream demand is still low, and it is expected that the market price of ammonium nitrate will remain stable in the later stage.

I. price trend

Take the rutile titanium dioxide produced by sulfuric acid process, which has a large volume of goods in the domestic market, as an example. According to the data in the bulk list of business agencies, the price of titanium dioxide is stable this week, with an average price of 15833.33 yuan / ton.

II. Market analysis

Product: the market price of titanium dioxide is basically stable this week. The price of domestic rutile titanium dioxide is 14500-16500 yuan / ton, that of anatase titanium dioxide is 12500-14000 yuan / ton, and that of chlorination titanium dioxide is 18500-20000 yuan / ton. Titanium dioxide downstream demand weakened, some enterprises shipping pressure increased. After the traditional peak season, the titanium dioxide market has gradually entered the off-season. The situation of each enterprise is slightly different. Under the condition of strong titanium ore, the titanium dioxide market has been stable and dominated, with a single price.

Industry chain: the price of titanium concentrate in Panxi continued to rise this week. The market price of imported titanium ore is high. This week, Panzhihua titanium ore continued to rise. The price of titanium dioxide rose. The supply of some downstream titanium dioxide producers is tight, which is favorable. At present, the price of 38 titanium ore excluding tax is 830-860 yuan / ton. The price of 46,10 titanium ore is 1200-1300 yuan / ton, excluding tax. The price of 47 and 20 mines is about 1300 yuan / ton.

III. future forecast

According to the titanium dioxide analyst of business association, the market price of titanium dioxide is rising steadily, the market price of imported titanium ore is high, and the price of Panzhihua ore is rising. In the short term, the price of titanium ore continues to be stable, mainly rising, and the titanium dioxide market has been stable.

Magnesium market trend

1. Trade name: magnesium ingot (9990)

2. Latest price (October 25, 2019): 14650 yuan / ton

3. Key points of analysis: the price of magnesium ingot fell continuously in the early stage, and the price of magnesium ingot began to stabilize in the near future. It is reported that at present, the willingness of the mainstream manufacturers to hold prices has begun to rise. The domestic spot market is generally traded. The enthusiasm for downstream goods preparation is not high. It is just necessary to purchase. The traders mainly wait and see, with a little inquiry. In recent days, the supply of low-cost goods has decreased, and the market has begun to stabilize.

4. Future market forecast: rigid purchase is the main demand, and the overall market is weak. It is expected that the price of magnesium ingot will keep stable operation in the near future, and the actual transaction situation in the market will be concerned in the later stage.

I. price trend of epichlorohydrin:

According to the data in the business club’s large list, the average price of epichlorohydrin as of October 23 was 18800 yuan / ton, up 21.29% compared with October 8, 76.53% compared with January 1, and the market price of epichlorohydrin in China rose to the highest point in the year on October 23.

II. Market analysis:

Product: the domestic epichlorohydrin market continued to rise on the 23rd. Due to the fact that the main domestic factories are still in the state of parking, the spot supply is tight, the price keeps rising, and the manufacturers have no delivery pressure, so it is difficult to find the source of low-cost goods with high price offer. With the rapid rise of the price to a high level, the downstream just need to purchase high price raw materials, and watch carefully. 23 the main quotation of epichlorohydrin market in China was 17500-20000 yuan / ton.

Price trend of epichlorohydrin in recent three years:

Industry chain: on March 23, the market price of the upstream propylene in Shandong remained stable. At present, the market turnover is about 7200-7550 yuan / ton, and the mainstream price is 7200 yuan / ton. The production cost of downstream epoxy resin remained high on May 23, and the manufacturer continued to offer high price.

3. Future forecast:

Epichlorohydrin analysts of the business association believe that the price stability of upstream raw material propylene has little impact on epichlorohydrin. At present, the market price of epichlorohydrin has risen to the highest point in the year, and the supply and demand side is still the key to the price rise and fall of epichlorohydrin. Continuing to strengthen high-end prices may cause downstream users to be “out of reach” and become increasingly resistant. However, few manufacturers are willing to sell goods at low prices even if the supply side has not been alleviated yet. In the short term, epichlorohydrin market is expected to digest the growth, but the specific trend still needs to pay close attention to the downstream mainstream market demand.

I. price trend

According to the data in the business club’s large list, as of October 22, the market price of propylene oxide fell, with an average price of 10066.67 yuan / ton, down 2.27% compared with that on October 21, and the mainstream price of propylene oxide in China was 9900-10400 yuan / ton on October 22.

II. Analysis of influencing factors

Product: the market price of propylene oxide fell on the 22nd. At present, the market supply is sufficient, manufacturers are active in shipping mentality, and downstream polyether users are more active in bargain hunting and replenishment. On February 22, the cash delivery price in Shandong mainstream market of Wanhua chemical was 10100 yuan / ton, and that in East China mainstream market was 10400 yuan / ton. At present, the main quotation of propylene oxide Market in East China is around 9900 yuan / ton, which is delivered by cash; the main quotation of propylene oxide Market in Shandong is around 9700 yuan / ton, which is delivered by cash; the main quotation of propylene oxide Market in South China is around 9800 yuan / ton, which is delivered by cash.

Industry chain: the market price of upstream propylene in Shandong fell slightly on February 22. At present, the market turnover is about 7200-7550 yuan / ton, and the mainstream price is 7200 yuan / ton. At present, the market mentality of propylene has improved. Although the downstream products are still in a downward trend, the overall profit margin is acceptable, and the purchasing enthusiasm has increased. The downward pace of propylene price slows down and refineries are willing to stabilize the price. It is expected that the market price of propylene will start to stabilize in the near future. Trading atmosphere in the downstream polyether market picked up on Tuesday.

3. Future forecast:

According to the propylene oxide analyst of the business club, the decline of raw material propylene slowed down and the market mentality improved, which has certain support for propylene oxide. However, the supply of epichlorohydrin is sufficient, and the manufacturers are mainly actively shipping. It is expected that the short-term epichlorohydrin market will be weak and stable.

On October 21, the phthalic anhydride commodity index was 64.84, unchanged from yesterday, down 46.03% from 120.13 (2012-02-28), the highest point in the cycle, and up 33.91% from 48.42, the lowest point on January 21, 2016. (Note: cycle refers to 2011-09-01 to now).

In recent years, the market price of phthalic anhydride in China has been falling continuously. The market price of phthalic anhydride in East China has been falling. The downstream factories maintain the rigid demand for purchasing. The factory inventory pressure has increased, and the high-end transaction has been blocked. Recently, the factory inventory has increased, and the market price trend of phthalic anhydride continues to decline. In East China, the main flow of negotiation for neighboring process and naphthalene process is 6500-6800 yuan / ton and 6100-6200 yuan / ton respectively. In North China, the main quotation for phthalic anhydride market is 6500-6700 yuan / ton. Most of the manufacturers in the site have price callback, the downstream construction is not high, the procurement is based on demand, the wait-and-see mentality is strong, the operation of domestic phthalic anhydride plant is stable, the spot supply of phthalic anhydride in the site is sufficient, and the downstream demand of phthalic anhydride is also strong. The demand for phthalic anhydride decreased and the price trend of phthalic anhydride continued to decline.

In the near future, the execution price of domestic phthalic anhydride upstream product Sinopec has been maintained at 6700 yuan / ton. Due to the restart of maintenance devices of some domestic phthalic anhydride manufacturers, the supply of goods within the site has increased, the import price of phthalic anhydride in the port area has declined, and the quotation has fallen. In the near future, the price of phthalic acid in the port has declined, the port inventory is low, and the quotation of phthalic anhydride in the outside market has fallen in shock. The actual transaction price is subject to negotiation. The details are given. The price trend of phthalic anhydride market continued to decline due to the drop of upstream raw material o-benzene price. The downstream DOP price is slightly lower, the price of isooctanol is lower, and the DOP cost is lower. The price of DOP is fluctuating, the downstream demand of DOP is normal, the customer’s purchasing enthusiasm is general, the downstream PVC market is fluctuating and declining, the high-end transaction of DOP is blocked, the mainstream transaction price of DOP market is slightly reduced to 7400-7800 yuan / ton, and the downstream price trend is declining, but the upstream ox price is firm, affected by the cost support, it is expected that the market price of phthalic anhydride will maintain a slightly lower trend in the later period.

On October 20, the fluorite commodity index was 100.58, unchanged from yesterday, down 21.11% from 127.49 (2019-01-03), the highest point in the cycle, and up 104.39% from 49.21, the lowest point on December 18, 2016. (Note: cycle refers to 2011-09-01 to now)

According to statistics, the price trend of fluorite in China has increased slightly. As of the 21st day, the average price of fluorite in China is 2877.78 yuan / ton. Recently, the domestic fluorite plant has been started normally, the mine and flotation plant 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 been kept low in the near future. For the purchase on demand in the fluorite market, the goods in the fluorite field are generally sold, and the market price of fluorite has increased slightly. In the near future, the downstream units are under normal operation, the spot supply of fluorite in the site is sufficient, and the downstream demand of the terminal is not improved, resulting in weak market price. As of the 21st, 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, that of 97 fluorite wet powder in Jiangxi was 2600-3000 yuan / ton, and that of fluorite remained low.

The market price trend of hydrofluoric acid in the downstream of fluorite remains low. As of the 18th, the domestic market price of hydrofluoric acid is 9780 yuan / ton. The low market price of hydrofluoric acid has a certain negative impact on the upstream market of fluorite. However, the recent operation of hydrofluoric acid plant is general, the demand for fluorite is weakened, and the price of fluorite remains low and volatile. In the near future, the downstream refrigerant market of the terminal has a general trading market, and the domestic refrigerant R22 market has a low volatility. From the perspective of market supply, the refrigerant R22 market continues to be weak, the manufacturer’s production units reduce the starting load, the market supply capacity has declined, and the inventory pressure has been buffered. In terms of demand, the downstream air-conditioning manufacturers maintain the air-conditioner, and the demand is only reduced but not increased. The price of domestic large enterprises is 12000-14000 yuan / ton. The price trend of domestic R134a market remains low. At present, R134a market has entered the off-season, downstream demand is relatively weak, and the operating rate of several R134a production enterprises remains low. However, the transaction price in the market keeps falling, the merchants purchase on demand, the peak season ends, the downstream demand of the terminal only decreases but not increases, and the affected price of fluorite market is at a low level.

On the whole, the market of the downstream refrigerant industry is low and the demand of the downstream refrigerant industry is poor. However, as the temperature drops, the supply of fluorite in the North may decrease. Chen Ling, an analyst of the business agency, thinks that the market price of fluorite may maintain a low trend.

I. market trend:

According to statistics, the market price of phthalic anhydride in China continued to decline. As of the end of the week, the market price of phthalic anhydride in China was 6662.5 yuan / ton, down 2.56% from 6837.5 yuan / ton at the beginning of the week, down 16.98% year on year. About 6600-6800 yuan / ton of phthalic anhydride from neighboring process in Shandong, 6700-6900 yuan / ton of phthalic anhydride is the mainstream of phthalic anhydride negotiation in Jiangsu. There is sufficient spot supply in the market. Manufacturers report that the recent delivery situation is not good, and the price of phthalic anhydride keeps falling.

II. Market analysis:

Products: in the near future, the market price of phthalic anhydride in China is low, the on-site devices are operating normally, the on-site phthalic anhydride operating rate is more than 60%, and the spot supply is sufficient. Some manufacturers report that the recent delivery situation is not good, the inventory of manufacturers has increased compared with the previous period, and the market price of phthalic anhydride has slightly dropped. In the near future, the price of the upstream raw material phthalic acid market is mainly fluctuating, the price of the port phthalic acid is not changing much, there are still devices in the phthalic acid plant for maintenance, but the spot delivery of phthalic acid in the bank is less than that in the first ten days of September, and the affected price in the phthalic anhydride market is slightly reduced; the downstream plant still maintains the rigid purchase, the main flow of the on-site phthalic acid source negotiation is 6600-6800 yuan / ton, and the main flow of naphthalene source negotiation is 6100 yuan / ton.- 6200 yuan / ton; the main quotation of phthalic anhydride market in North China is 6600-6700 yuan / ton, the market price is slightly lower, the quotation of some enterprises in North China is declining, the downstream is generally started, the purchase is mainly on demand, the wait-and-see mentality is strong, the domestic phthalic anhydride is generally sold, the inventory of manufacturers is increased, the high-end transaction is blocked, and the price of phthalic anhydride is lower.

Upstream: the execution price of domestic ortho benzene Sinopec of upstream products dropped by 200 yuan / ton to 6700 yuan / ton. Due to the restart of some maintenance devices of domestic ortho benzene manufacturers, the supply of goods in the field increased, and the price of ortho benzene fell slightly. In addition, the price of imported ortho benzene in the port area fell, the price of ortho benzene in the port decreased in the near future, the stock in the port was low, and the price of ortho benzene in the external market fell in shock, and the actual result was achieved. The price is subject to negotiation, but the downstream demand is poor, and the market price of phthalic anhydride continues to decline.

Downstream: the market price of DOP declined, the price of isooctanol temporarily stabilized, and the cost of DOP raw materials fell. The price of DOP fell, the downstream of DOP was adjusted by shocks, the customer’s purchasing enthusiasm was stable, the downstream PVC market was adjusted by shocks, the high-end transaction of DOP was blocked, the mainstream transaction price of DOP market was 7500-7800 yuan / ton, the downstream price of the terminal was lower, the demand was bad for the domestic phthalic anhydride market, and the price of phthalic anhydride market fell slightly.

3. Future forecast:

At present, the upstream phthalic acid price has fallen, the terminal demand has decreased, and the DOP price has declined slightly. The phthalic anhydride analysts of the business agency think that the market price of phthalic anhydride may decline slightly, and the price is about 6600 yuan / ton.