Price Trend

According to the data monitored by business associations, the domestic PC market showed a shaky adjustment trend in August. As of August 29, the average offer price of domestic producers and traders for Bayer 2805 was about 18966.67 yuan/ton, an increase of 0.18% compared with the beginning of the month.

II. Cause Analysis

PC upstream bisphenol A market trend this month continued last month’s weak state, weak price fluctuation adjustment. Downstream follow-up negative buying is scarce, spot rises are unable to sustain decline. Factory acquisition, trading and just-in-demand strategy is the main one. Merchants have greater resistance to shipment. Actually, many orders and low prices are negotiated. Traders are cautious and have less room to operate. Businessmen have a heavy wait-and-see mentality. It is expected that the domestic bisphenol A market will be weaker in the near future, and the cost support for domestic PC is not good. At present, the domestic market climate is different between North and South. PC prices in East China have been boosted by the easing of Sino-US trade frictions in the middle of this month, and the market has risen. Typhoon also delayed the arrival of imports in the early part of this month, affecting the domestic supply of goods, and the spot supply was once tight. With the recovery of supply, the market in South China returned to the Tidy-up atmosphere in the second half of the year, and the mindset of the operators was still more cautious. Although the low-price supply is small, but the demand has not improved. In August, domestic PC spot prices were moderately adjusted.

3. Future Market Forecast

Business PC analysts believe that in August domestic PC upstream BPA continued to weaken adjustment, lack of support for PC cost. The improvement of downstream demand is limited, and the operation of stock purchase is cautious. Due to tight supply in the first ten days of the year and the boost from the outside news in the middle ten days, the domestic PC offer has increased. At present, the atmosphere of on-the-spot spot spot trading is general, but the support of news surface still exists. PC is expected to be moderately tidied up in the near future due to its influence. In addition, the plastics industry will soon enter the peak season of “gold, silver and ten”. It is suggested that close attention be paid to the supply of domestic and foreign supplies.

On August 27, the phthalic anhydride commodity index was 57.42, unchanged from yesterday, down 52.20% from the cyclical peak of 120.13 points (2012-02-28), and up 18.59% from the lowest point of 48.42 on January 21, 2016. (Note: Period refers to 2011-09-01 to date).

In recent years, the domestic market price of phthalic anhydride has risen, the market price of phthalic anhydride in eastern China has risen slightly, downstream factories are still in need of purchasing, factory stocks are still under pressure, high-end transactions are blocked, the mainstream of on-site neighbourhood source negotiation is 5800-6000 yuan/ton, and the mainstream of naphthalene source negotiation is 5400-5500 yuan/ton. Mainstream quotation ranges from 5800 to 5900 yuan/ton. Market price has risen slightly. Some manufacturers have raised their ex-factory price. Downstream construction is not high. Purchasing on demand is the main way. The wait-and-see mentality is strong. Domestic phthalic anhydride plant is stable, the spot supply of phthalic anhydride is normal, and the price trend of phthalic anhydride has risen slightly.

In the near future, the domestic price of phthalic anhydride upstream product Sinopec o-phthalic acid is 6000 yuan/ton. The import market of phthalic anhydride in the port area has fallen, the quotation is stable, the recent market of phthalic anhydride in the port is general, the port stock is low, the quotation of o-phthalic anhydride outside market has fallen concussively, the actual transaction price is based on negotiation, the factual details are discussed in detail, Market prices remain low and volatile. DOP prices in the downstream rose, isooctanol prices rose, and DOP costs rose. DOP prices rose, DOP downstream demand shocked and declined, customer purchasing enthusiasm was general, downstream PVC market slightly lower, DOP market mainstream transaction price of about 7450 yuan/ton, downstream prices have risen, the market price of phthalic anhydride is expected to remain strong in the later period.

According to the monitoring of business associations, hydrogen peroxide prices rose sharply in August. As of the 23rd day, the average price of 27.5% hydrogen peroxide was 1096 yuan/ton, up 22.76% from the beginning of the month.

Products: In August, the supply of hydrogen peroxide is tight and the market is rising all the way. At the beginning of the month, Shandong Luxi stopped working on a hydrogen peroxide plant. In the middle of the month, Shandong Province was facing a storm and rain. Some manufacturers of hydrogen peroxide began to reduce production or even stop for maintenance. The supply of hydrogen peroxide decreased. The manufacturers raised the price of hydrogen peroxide one after another. Towards the end of the month, although Luxi resumed construction. The hydrogen peroxide enterprises are still very competitive, and the price is still rising.

As of August 23, Hebei Zhengyuan 27.5% hydrogen peroxide quoted 1100 yuan/ton, the price rose 100 yuan/ton from the beginning of the month; Luxi Chemical Industry 27.5% hydrogen peroxide quoted 1070 yuan/ton, the price rose 240 yuan/ton from the beginning of the month; Shandong Haineng Chemical Industry 27.5% hydrogen peroxide quoted 1100 yuan/ton, the price rose 100 yuan/ton from the beginning of the month; Anhui Jinhe 27.5% hydrogen peroxide quoted 135 yuan/ton from the beginning of the month; The price is 150 yuan/ton higher than that at the beginning of the month.

Terminal:

Caprolactam: In August, the overall price of caprolactam liquid market oscillated mainly, starting smoothly, market supply is still acceptable, terminal demand is not good, upstream boost is limited, caprolactam fluctuates narrowly and the market tends to be stable.

Paper: In August, corrugated base paper prices were mainly weak and stable, typhoon arrived, paper mills stopped receiving paper has not changed the situation of paper vulnerability, terminal carton factory procurement demand is low, paper market as a whole maintained stable.

According to the hydrogen peroxide analyst of the business association, the performance of the hydrogen peroxide terminal paper making and printing industry is low, the demand is not good, the market will rise and bear pressure in the future, the traditional peak season of gold, silver and ten is approaching, and the future market of hydrogen peroxide is still expected to rise.

Price Trend

According to the price monitoring of business associations, the comprehensive price of potassium chloride has been stable this week. This week, the average price of potassium chloride mainstream comprehensive quotation is 2265.00 yuan/ton, which is 0.67% higher than the same period last year. Overall, the market for potassium chloride was stable this week, with the commodity index of potassium chloride at 71.90 on August 23.

II. Market Analysis

This week, the quotation of the main potassium chloride manufacturers is temporarily stable: Qinghai Salt Lake potassium chloride weekend ex-factory quotation is 2250 yuan/ton, compared with the beginning of the week, the quotation is temporarily stable; Anhui Badou potassium chloride weekend distribution quotation is 2280 yuan/ton, the quotation is temporarily stable. This week, the actual turnover of potassium chloride market is not good. On the whole, the main contradiction in the market is that supply exceeds demand, the trading atmosphere is cold, downstream purchasing is just in demand, the overall inventory is low, the purchasing market momentum is low, and the domestic market of potassium chloride is stable.

3. Future Market Forecast

Late August potassium chloride market overall trend or low consolidation. After the adjustment in July, the capital reflux of each factory is in good condition, the equipment has been repaired and the production capacity has increased. However, the potassium chloride market is currently facing the pressure of three mountains, namely, the large stock of Hong Kong, weak demand and downward international prices. Therefore, the main contradiction in the current market is that supply exceeds demand. Potassium chloride analysts believe that short-term potassium chloride Market in the supply and demand and raw materials and other aspects of the impact of the potassium chloride market or low consolidation.

Price Trend

According to a large number of data monitored by business associations, the domestic R22 ex-factory price fell slightly this week. As of the end of the week (23 days), the price was 17,000 yuan/ton, which was 17,266.67 yuan/ton compared with the beginning of the week (19 days). Within the week, the price fell by 1.54%, which was 8.11% compared with the same period last year.

According to a large number of data monitored by business associations, domestic R134a factory price slightly declined this week. As of the end of the week (23 days), the price was 27666.67 yuan/ton, which was 27833.33 yuan/ton compared with the beginning of the week (19 days). Within the week, the price fell by 0.6%, which was 5.68% compared with the same period last year.

II. Market Analysis

Products: Recent terminal downstream refrigerant market trading market is general, the focus of market negotiations is low hovering. Domestic refrigerant R22 market shocks down, production enterprises start at a low level, the pressure of goods is high, downstream weakness continues, traders are pessimistic, take goods cold, basically on demand, domestic large enterprises maintain prices of 16,000-18,000 yuan/ton level. Domestic refrigerant R134a market demand is sluggish, prices continue to decline, the start of production enterprises is stable, the supply of goods in the market is stable, downstream demand is weak, manufacturers are forced by the pressure of shipment, the phenomenon of profit delivery is obvious, but the on-site market is general, businesses purchase on demand, the price of domestic large enterprises maintains 25500-28000 yuan/ton level. At the end of the peak refrigerant season, the demand downstream of the terminal has only decreased but not increased, and the market as a whole remains weak.

Industry chain: The price trend of anhydrous hydrofluoric acid in upstream products has continued to decline, and the situation of manufacturers in the field has not improved significantly in the near future. Hydrofluoric acid plant has maintained a high start-up rate, domestic spot supply is sufficient, and some manufacturers have lowered their ex-factory prices. By the end of the weekend, the mainstream of hydrofluoric acid negotiations in the southern region is 10,000-11,000 yuan/ton, and in the northern city. The market price of hydrofluoric acid ranges from 10500 to 11500 yuan/ton. The upstream products have a tight spot supply in the domestic trichloromethane market. Influenced by the low start of refrigerant market, the demand for trichloromethane is not good, the market negotiation enthusiasm is weak, the wait-and-see atmosphere is strong, and the overall market is weak. Downstream demand performance is more weak, market negotiation enthusiasm is weak, wait-and-see atmosphere is strong, basic on-demand procurement.

3. Future Market Forecast

Business Cooperative Refrigerant Analysts believe that the current peak refrigerant season has passed, major air-conditioning manufacturers have entered the maintenance stage, the demand for refrigerants has only decreased, while the price of hydrofluoric acid at the raw material end is weak to support refrigerants, and the refrigerant market is expected to weaken in the short term.

Price Trend

According to the price monitoring of business associations, the distribution price of sulphuric acid in Shandong fell slightly this week. The quotation fell from 225.00 yuan/ton at the beginning of the week to 217.50 yuan/ton at the end of the week, dropping 7.50 yuan/ton, or 3.33%, down 50.57% from the same period last year. Overall, the sulfuric acid market fell this week, with the sulfuric acid commodity index at 33.85 on August 16.

II. Market Analysis

(1) Products:

This week, the prices of some sulphuric acid manufacturers in Shandong fell slightly, with fewer inventories and fewer downstream demand. The weekend quotation of Heze Jiangyuan is 190 yuan/ton, which is 30 yuan/ton lower than that at the beginning of the week; Zouping Tianlu’s quotation is 60 yuan/ton, which is temporarily stable; Jinan Yuanfei’s quotation is 450 yuan/ton, which is temporarily stable.

(2) Industrial chain:

Recently, the domestic sulfur market has been declining continuously with weak cost support; the downstream monoammonium market has a poor trading atmosphere, light turnover, unsatisfactory new orders, relatively stable diammonium market, strong quotation, sulfuric acid enterprises with multiple early orders, short-term inadequate start-up, and slightly tight supply. This week, domestic sulphuric acid plants run smoothly, market supply is relatively tight, downstream gas purchases are general, market turnover is limited.

3. Future Market Forecast

After the adjustment in July, the capital reflux of each factory is in good condition, the equipment has been repaired and the production capacity has increased. The price of sulphur in the upstream has gone down all the way, and the purchasing in the downstream is general. Under the contradiction between supply and demand, the products have gone down. Business sulfuric acid analysts believe that the short-term market in Shandong Province, under the influence of supply and demand and raw materials, the sulfuric acid market tends to decline.

Commodity Index: On August 18, the polyacrylamide commodity index was 100.20, unchanged from yesterday, down 6.47% from the peak of 107.13 points in the cycle (2019-05-08) and up 4.68% from the low of 95.72 points on April 10, 2019. (Note: Period refers to 2019-04-01 to date)

Price quotation: The monitoring data of business association (100ppi.com) show that on August 1st, the mainstream quotation of polyacrylamide (cationic) market was about 16466.67 yuan/ton, on December 12th, 16433.33 yuan/ton, and on 18th, 16400 yuan/ton. This week, the mainstream quotation was flat after a slight shock. At present, the main quotation range of domestic market of polyacrylamide is: cationic (PAM, molecular weight 12 million) quotation is about 16200-18100 yuan/ton, anionic (PAM, molecular weight 12 million) quotation is about 10000-12100 yuan/ton.

Industry chain: It is known that the price of acrylonitrile in the upstream is 12,000 yuan/ton this week, and the weekly market is stable; the downstream demand has not changed much.

Industry: On July 26, the water purification and environmental protection enterprises of Yongan Road Street Office in Gongyi City, Henan Province, received the “stop-production notice”. The notice requests that according to the analysis of the environmental pollution situation and the future polluted weather situation in the whole city, the city attack and fortification office require all the deep treatment enterprises to stop production and control before acceptance, and dispatch or control according to fortification or fortification. After acceptance, it can be returned to production. Production resumed in August for 10 days and stopped again on the 15th. Prices of affected manufacturers have changed, but other manufacturers have little influence.

Gongyi City, Henan Province, issued a circular on the deep management of enterprise shutdown (see below):

Future market forecast: the national market price is relatively stable, and 10 days after the resumption of production in Gongyi, Henan, the re-suspension of production has an impact on some manufacturers, the current supply is still sufficient, the price impact is not very large. Business associations are currently monitoring the main relevant quotation enterprises, most of which are in good condition, and continue to pay attention to the impact of environmental protection on the market.

Price trends:

According to the data from the business associations’list, the ABS market in China ran smoothly in the third week of August and the price was stable temporarily. As of August 16, the mainstream offer price of general-purpose ABS was about 12650.00 yuan/ton, almost unchanged from the beginning of the week.

2. Analysis of influencing factors:

Industry chain: ABS upstream aspects, this week styrene market prices continued to rise. Influenced by the news of the easing of Sino-US trade, the on-site environment is temporarily favorable. The price of most domestic enterprises has been revised back, and the demand of the downstream main body remains at a low level, so the purchasing strategy of just-in-demand has been adopted. Recently, international oil prices have been rising and falling, and the direction is uncertain. In addition, the RMB exchange rate continued to depreciate, the industry is cautious. It is expected that the price of styrene will be in full operation in the near future. Spot prices of domestic acrylonitrile-related products will remain stable this week, downstream demand will remain just in demand, and supply and demand will be basically balanced in the field. On-site delivery is normal, and TRADERS’willingness to ship goods increases. It is expected that the trend of domestic acrylonitrile quotation will be narrowly adjusted in the near future. This week, the domestic butadiene market will rise slightly. Although the price of suppliers has not been significantly adjusted for the time being, some business offers are relatively strong, but the downstream inquiry intention is weak, and sporadic discussions are mainly low-end. Fushun Petrochemical announced its export plan, together with a certain amount of other export manufacturers, the expected increase in market supply is obvious; however, the downstream rubber market is weak, some private enterprises parked, the supply and demand fundamentals weakened, and the business mentality is empty. Short-term domestic butadiene market is not without downward expectations, it is recommended to pay attention to the latest prices and transaction situation of manufacturers.

3. Future market forecast:

Business analysts believe that the recent domestic ABS offer is stable. Among the upstream three materials on the cost side, this week’s sustained rise in styrene has some support for ABS. The downstream factories have limited improvement in demand, and there are more empty orders in the market. Sino-US talks to ease the release of news are positive, but the overall market momentum is insufficient. It is expected that the recent ABS offer trend will continue to shake the whole market.

Price Trend

According to the monitoring data of business associations, this week’s silicone DMC market rose slowly. Several start-up factories basically maintained stable offers. Many factories did not close the offer. As of August 15, combined with the quotations from several mainstream regions, the silicone DMC market quoted around 20700-21500 yuan/ton, with an average quotation of 20933 yuan/ton, which was higher than 8. On 9 January, the price increased by 130 yuan/ton, or 0.80%.

II. Market Analysis

Product: This week, the market of silicone DMC has slowed down, the overall offer has been running steadily and slightly, the repair of single factories is still more in late August, the rate of start-up remains low, the stock is low, the supply of silicone DMC is still tight this week, there is generally no sales pressure. The lowest quotation of organic silicone DMC in Shandong is around 20700 yuan/ton, and the price of tax-containing packaging is around 21300 yuan/ton. At present, most single factory parking maintenance, and has been controlling the start-up rate, which also leads to more initiative in the upstream and downstream relations, so the bid intention is slightly obvious, downstream enterprises have a higher risk of inventory, so maintain a just-in-demand attitude, inventory caution. DMC downstream enterprises mostly began to wait and see, procurement mood is not high, mainly selling the current inventory.

Industry Chain: Most of the raw rubber and 107 rubber downstream products of organosilicon DMC are stable as a whole. Some enterprises quoted slightly higher prices, raw rubber average price in about 23,000 yuan/ton. The average quotation of 107 glue is about 21500 yuan/ton.

3. Future Market Forecast

Business analysts believe that in the short term, affected by upstream supply and demand relations and factory attitudes, it is more likely that DMC market will continue to rise steadily, moderately and slowly in the follow-up period.

Price trends:

According to the data from the business associations’list, the domestic PA6 market has been steadily declining in early August. Traders’ mainstream offer price of 2.75-2.85 for Sino-Viscose is about 13933.33 yuan/ton, which is 0.48% lower than that at the beginning of the month.

2. Analysis of influencing factors:

Last month, there were more parking and maintenance devices in caprolactam factories, the spot supply in the market was tight, and the price was rising steadily. Towards the end of the month, the start-up rate has increased, the spot supply in the market has improved, and the support of supply and demand has weakened. In addition, demand was weak at the beginning of August, and the stock-up enthusiasm of the downstream slice Market was not high, and on-site delivery was light. Recently, caprolactam has fallen steadily and slightly. The weakening of caprolactam has reduced the support for PA6 cost. This month, the domestic PA6 market trend is the same as that of upstream caprolactam, showing a steady decline. And the spot supply is sufficient, downstream demand follow-up is more negative, maintain just needed procurement. Domestic businessmen lack confidence in the future market, mostly for flexible single, wait-and-see mood dominates. Chip factories and traders have greater resistance to single-handedness and are in a difficult situation.

3. Future market forecast:

Business analysts believe that the supply of caprolactam upstream PA6 improved and prices weakened in early August. The supporting effect on PA6 cost surface is weakened. PA6 downstream demand follow-up weak, weak trading. Domestic PA6 market is stable and declining, and it is expected that PA6 will be weaker in the near future.