Monthly Archives: May 2020

Polyethylene market price is firm

According to the monitoring of the business club, this week (5.24-29) in East China, LLDPE, LDPE and HDPE all showed an upward trend, and the overall transaction atmosphere of the market was general. On May 29, the average ex factory price of LLDPE 7042 in East China was 6650.00 yuan / ton, 1.01% higher than that on May 24; the average ex factory price of LDPE 2426h was 7550.00 yuan / ton, 0.33% higher than that on May 24; the average ex factory price of HDPE 5000S was 7166.67 yuan / ton, 1.42% higher than that on May 24. The increase is mostly about 50-100 yuan / ton.

 

PVA 1799 (PVA BF17)

On May 29, the LLDPE commodity index was 63.69, unchanged from yesterday, down 45.82% from 117.56 (2013-12-11), the highest point in the cycle, and up 10.84% from 57.46, the lowest point on April 06, 2020. (Note: cycle refers to 2011-09-01 to now)

 

The LDPE commodity index on May 29 was 58.75, unchanged from yesterday, 48.16% lower than 113.33 (2013-12-08), the highest point in the cycle, and 8.24% higher than 54.28, the lowest point on April 06, 2020. (Note: cycle refers to 2011-09-01 to now)

 

On May 29, the HDPE commodity index was 58.09, unchanged from yesterday, 43.23% lower than the highest point in the cycle, 102.33 (2014-07-24), and 6.70% higher than the lowest point, 54.44 on April 6, 2020. (Note: cycle refers to 2011-09-01 to now)

 

In this week’s (5.24-29), the market price of polyethylene rose slightly, with an increase of about 50-100 yuan / ton. Petrochemical enterprises continued to rise in part on Monday (25th), and recovered in late week. In the week, the high opening of linear futures rose, bringing some support to the spot market. Merchants’ mentality was stable, and most of them shipped with the market. In terms of supply, at present, during the peak maintenance season, there are many petrochemical parking and maintenance devices, some of which are under maintenance, such as Fujian united and Dushanzi Petrochemical. The market supply is reduced, the petrochemical inventory is down, and the price is relatively strong. However, at present, the polyethylene market is in the off-season of consumption, and affected by social and public health events, the downstream demand is weak, the demand side of terminal factories continues to be low, and the demand for replenishment is mostly on demand. The market transaction atmosphere is relatively light, which hinders the price rise of polyethylene.

 

The continuous rise of raw material ethylene market has brought good support to the polyethylene market. On May 27, WTI crude oil futures market prices in the United States fell sharply, and the settlement price of major contracts was 32.81 yuan / barrel, down $1.54 or 4.5%. Brent crude oil futures market prices fell sharply, with the settlement price of major contracts at $35.45/barrel, down $1.29 or 3.5%. The crude oil market fell sharply, which could not support the cost of ethylene. However, the continuous rise of ethylene price was affected by the previous rise of crude oil price, and the impact of the fall of crude oil on ethylene has not been shown for the time being.

 

Linear futures rose sharply in the week, boosting the spot market mentality. On Monday, May 25, the opening price of polyethylene futures l2009 was 6415, the highest price was 6530, the lowest price was 6415, the closing price was 6490, the former settlement price was 6455, the settlement price was 6470, up 35, or 0.54%, the volume was 323878, the position was 382452, and the daily position was 6034. (quotation unit: yuan / ton)

 

PVA

On May 29 (Friday), the opening price of polyethylene futures l2009 was 6585, the highest price was 6615, the lowest price was 6515, the closing price was 6515, the former settlement price was 6515, and the settlement price was 6560, which was the same as that on May 28. The volume was 427849, the position was 377239, and the daily position was increased by – 30876. (quotation unit: yuan / ton)

 

In the 20th week of 2020 (5.18-5.22), there are 12 commodities in the list of commodity price rise and fall in rubber and plastic plate, including one commodity with a rise of more than 5%, accounting for 5.6% of the monitored commodities in the plate; the top three commodities are pet (5.38%), ABS (3.46%) and PVC (3.34%). There are two kinds of commodities falling on a month on month basis, and one kind of commodities falling by more than 5%, accounting for 5.6% of the number of commodities monitored in this sector; the top two products falling are PP (melt blown) (- 9.30%) and PA66 (- 0.78%). This week’s average was 0.94%.

 

In the future, it is currently in the peak maintenance season. There are many petrochemical equipment overhauls, and the market supply is reduced. In the later stage, the petrochemical inventory may fall, and the petrochemical factory price is relatively strong. However, in the face of traditional consumption off-season, and under the influence of public health events, the downstream is mostly replenished on demand, and the market transaction atmosphere continues to be depressed. Polyethylene is expected to rise in the short term with limited space, or continue consolidation.

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Polyolefin price may be reversed

On May 27, polyolefin fluctuated, and the final contract of l2009 was 6480 yuan / ton, – 0.08%, pp2009 was 7138 yuan / ton, + 0.31%. The price difference of pp-ll in 09 contract is 658 yuan, and the price comparison is 1.1015 yuan. The price of methanol 09 is 1704 yuan / ton. The price of PP / Ma is 4.1890, and the price difference of pp-3ma is 2026 yuan. Brent’s main crude oil price was – 4.50% yesterday, with the current price of US $34.71/barrel.

 

POLYVINYL ALCOHOL

In terms of spot goods, today’s futures are volatile, the enthusiasm of traders for shipment is acceptable, the demand for wire drawing terminals in East China is weak, and the overall transaction of the market is weak. Recently, hedging pays more attention to wire drawing in East China’s mainstream warehouse in July and August, with appropriate price and mobile phone conference, but the downstream still just needs to take the goods as the main part, without large warehouse building action; petrochemical agents have a high enthusiasm for shipment in the early morning, and the atmosphere for firm offer is strong, Zhejiang Province Sinopec S1003 made direct deliveries to Jiangsu and Shanghai in 7500-7550, Zhejiang Petrochemical 8003 made direct deliveries to Jiangsu and Shanghai in 7600, and Zhongan M02 made overall transactions in 7450-7480h.

 

PP injection molding has few sources of goods in different places, and many factories mainly supply and distribute goods, but the overall downstream inquiry is weak, and the market transaction is weak. PP low melting copolymerization has few sources of goods in different warehouses, and it is mainly supplied by many factories. Today, the enthusiasm of copolymerization inquiry is high. The transaction of East China copolymerization is about 7750, and the market transaction is general. LLDPE East China Coal Chemical Industry Co., Ltd. offers about 6420-6550, and the main quotation of East China arbitrage is about 09 discount 30 to 50 premium. The arbitrage resources are concentrated in Zhongan, Baofeng, Zhejiang Petrochemical and Pucheng. Zhongan 7042 offers about 6430, Zhejiang Petrochemical 7042 directly sends about 6450-6500 to East China, and Baofeng Zhongmei directly sends about 6520-6550 to East China. Today, the spot resource quotation of East China coal chemical industry is set In the early trading, the low-point hedge discount of futures is about 20-30, the downstream purchasers just need to purchase, the individual brands and the individual reservoir area are acceptable, the spot resources of Zhong’an are relatively small, the low-end price of Zhejiang Petrochemical 7042 distribution in East China is acceptable, and the spot resources of East China coal chemical industry are generally acceptable as a whole.

PVA

 

LLDPE Shandong coal chemical industry linear agent quotation is about 6500-6550, the main discount of arbitrage selling plate is 20 to Pingshui, Baofeng 7042 direct to North China automobile transportation unit price is 6560, China coal 7042 direct to North China development unit price is 6600, the agent quotation is about 6540-6600, Shandong coal chemical industry linear overall warehouse is in short supply, the price is firm, the morning market is low, arbitrage selling plate advantage is obvious, Ningmei 7042 discount is 20 left Transactions near the spot price 6450 on the right are good, while transactions in other brands of linear market are limited; the guidance of CNPC is 6500-6750. Low pressure trade companies continue to raise prices, and the downstream market is rigid, without hoarding. HP Shenhua 2426h East China 7450-7550, Shandong 7450-7500.

 

The weak sentiment of liquid chemicals and the weak shock of crude oil have become the factors hindering the breakthrough of polyolefin. After many unsuccessful attempts by polyolefin bulls, it is likely that the market will also fall due to the weak sentiment of energy chemicals as a whole. It is suggested that pp09 should stop more than half of its single earnings and the remaining positions should do well in stop loss defense and stop loss below 6900.

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Poor transaction, chlorinated paraffin mainly in rigid demand (5.18-5.22)

1、 Price trend

 

According to the monitoring data of the business agency, the average ex factory price of domestic chlorinated paraffin 52 grade I products was 4766 yuan / ton on May 18, and 4766 yuan / ton on May 22, maintaining a stable price this week. The commodity index of chlorinated paraffin on May 22 was 70.97, which was the same as yesterday, 35.15% lower than the highest point of 109.43 (2013-12-03), and 11.15% higher than the lowest point of 63.85 on September 26, 2016. (Note: cycle refers to 2012-06-01 to now)

 

2、 Market analysis

 

ammonium persulfate

Product: chlorinated paraffin market is stable this week. The ex factory quotation of chlorinated paraffin 52 in Jiangsu Province is 4600-5100 yuan / ton, that of chlorinated paraffin 52 in Hebei Province is 3700-4500 yuan / ton, and that of chlorinated paraffin 52 in Henan Province is 4000-5300 yuan / ton. The ex factory quotation of chlorinated paraffin 52 in Northeast China is 4300-5200 yuan / ton. The ex factory quotation of chlorinated paraffin 52 in Shandong Province is about 4800 yuan / ton. The ex factory quotation of chlorinated paraffin 52 in Northwest China is 4800-5400 yuan / ton. The ex factory quotation of chlorinated paraffin 52 in East China is 4500-5400 yuan / ton. The factory quotation of chlorinated paraffin 52 in North China is 4000-5000 yuan / ton. The factory quotation of chlorinated paraffin 52 in South China is 4500-5000 yuan / ton.

 

Industrial chain: the current raw material market is running steadily at a high price. The price of upstream raw material wax is stable and the volume is average. The price of raw material liquid chlorine remained high due to the decrease in the supply of maintenance goods for some factories. However, the lower reaches mostly hold a wait-and-see attitude, and the enthusiasm for receiving goods is not high.

 

Industry: according to the price monitoring of the business agency, in the 20th week of 2020 (5.18-5.22), there are 32 kinds of commodities in the list of rise and fall of bulk commodity prices in the chemical industry sector, including 5 kinds of commodities with a rise of more than 5%, accounting for 5.6% of the number of commodities monitored in the sector; the top three commodities are crude benzene (11.37%), chloroform (9.52%) and hydrogen peroxide (7.11%). There are 24 kinds of commodities with a decline in the aspect ratio, and the top three products are polysilicon (- 4.49%), light soda (- 3.75%) and aniline (- 3.60%). This week’s average was 0.74%.

 

3、 Future forecast

 

The chlorinated paraffin analyst of business association thinks that the current transaction of chlorinated paraffin is not good, and the downstream mainly depends on rigid demand. The cost side price of raw materials remains unchanged and at a high level. It is expected that in the later stage, the chlorinated paraffin Market as a whole will be stuck in operation and the price will be stable.

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Weak operation of ethyl acetate Market

1、 Price trend

 

According to the monitoring of bulk data from the business agency, affected by the weakening of raw materials and the downturn of downstream demand, the price of domestic ethyl acetate began to decline. As of May 25, the average price of ethyl acetate in East China was about 5425 yuan / ton, down 1.59% year-on-year from last week.

 

ammonium persulfate

2、 Cause analysis

 

Product: due to the long-term sluggish demand in the terminal market, the high price of ethyl acetate is greatly affected by the cost. As the market of raw materials acetic acid and ethanol gradually weakens, the domestic cost of ethyl acetate declines, the market begins to decline, the enterprise starts at a low level, the sales pressure is still high, the trade in the industry is light, and the market turnover is rare. At present, the price in East China is about 5200-5400 yuan / ton, in North China is 5100-5300 yuan / ton, and in South China is 5300-5500 yuan / ton

 

Industry chain: on the upstream side, the supply of acetic acid market is expected to increase, and the supply tension situation has been alleviated to some extent, but the downstream market demand is still slow to return to normal level, the spot transaction in the market is weak, and there is a certain bearish attitude towards the acetic acid market, some cargo traders have strong shipping intention, and the actual order is declining; the ethanol market is stable and weak, and enterprises are shipping actively, and the downstream just needs to buy, At present, the quotation in East China is about 5750 yuan / ton.

 

International: affected by the international epidemic, the supply and demand of international ethyl acetate are weak, and the regional price difference is large, among which the European port is about 1000 US dollars / ton, and the North American market port price is about 615 US dollars / ton.

 

3、 Future forecast

 

According to the analyst of ethyl acetate of business association, the overall supply and demand of ethyl acetate Market are weak at present, the market transaction atmosphere is low, the cost side is good and the support is insufficient, the downstream terminal market has not recovered yet, the sales pressure of ethyl acetate enterprises is obvious, and it is expected to be weak in a short period of time.

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The market price trend of ammonium nitrate this week is temporarily stable (5.18-5.22)

According to statistics, the price trend of domestic ammonium nitrate in this week is temporarily stable. As of the end of the week, the market price of domestic ammonium nitrate is 2330 yuan / ton, which is the same as 2330 yuan / ton at the beginning of the week, up 18.47% year on year. On May 22, the ammonium nitrate commodity index was 122.63, unchanged from yesterday, down 2.10% from 125.26 (2020-03-15), the highest point in the cycle, and up 58.50% from 77.37, the lowest point on October 31, 2016. (Note: cycle refers to 2013-02-01 to now).

 

This week, the price trend of ammonium nitrate Market in China is temporarily stable. The operation of domestic ammonium nitrate plants is normal. The on-site supply of ammonium nitrate is normal. The price trend of manufacturers is temporarily stable. In the near future, the on-site supply of goods is normal. Transportation has been alleviated to some extent. The price trend of ammonium nitrate Market is stable. In the near future, ammonium nitrate manufacturers have a good shipping market, downstream purchase on demand, domestic ammonium nitrate manufacturers start normal operation, and the market price trend of ammonium nitrate is stable. Up to now, the negotiation mainstream in Shaanxi is 2300-2400 yuan / ton, that in Shandong is 2100-2300 yuan / ton, and that in Hebei is 2500-2700 yuan / ton.

 

PVA

This week, the price trend of concentrated nitric acid in China was temporarily stable, with the weekend price of 1433.33 yuan / ton, and this week’s price trend was temporarily stable. Jiangsu Hongze Yinzhu Chemical Co., Ltd. offers 1300 yuan / ton; Anhui Jinhe offers 1350 yuan / ton; Shandong helitai offers 1700 yuan / ton. Anhui Aodeli offers 1400 yuan / ton; Wenshui County synthetic chemical offers 1580 yuan / ton. In the near future, the operation of domestic maintenance devices is normal, the supply of concentrated nitric acid market is normal, the goods are in poor condition, the price trend of nitric acid market remains low, the low price of nitric acid is the negative impact of the market of ammonium nitrate, and the price trend of ammonium nitrate Market is temporarily stable.

 
The price trend of liquid ammonia in the upstream fell slightly this week. Since May, the market has been mostly stable, keeping the narrow range low, and the adjustment range is 50-150 yuan / ton. On the one hand, the high start-up rate of the manufacturers in the early stage has accumulated a large amount of inventory. At present, the manufacturers are willing to de inventory, and the market price of liquid ammonia falls during the period of digesting inventory. On the other hand, the peak season of spring ploughing has passed, and the downstream demand has declined compared with the previous period, so they are unable to continue to drive the market of liquid ammonia. The purchasing strength of the downstream nitrogen fertilizer manufacturers has slowed down obviously, and most of them are on demand. At present, the market The overall supply and demand is in the balance stage, and the market price of liquid ammonia falls. According to the monitoring of the business agency, the current quotation of liquid ammonia in the northern region is 2600-2700 yuan / ton, the price trend of upstream raw materials is falling, and the market price trend of ammonium nitrate is stable.

 

In the near future, the downstream demand is limited, but the price trend of raw materials market has declined slightly. For the ammonium nitrate Market, it has lost certain cost support. The ammonium nitrate analyst of the business association thinks that the market price of ammonium nitrate may fall slightly in the later stage.

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Ammonium sulfate Market stable (may 11-15)

1、 Price trend

 

According to the monitoring data of the business agency, the average ex factory price of ammonium sulfate in China was 585 yuan / ton on May 11 and 585 yuan / ton on May 15, and the price remained stable this week. The commodity index of ammonium sulfate on May 15 is forty-eight point nine five , same as yesterday, higher than the highest point in the cycle one hundred and six point two eight Point (2012-05-24) decreased 53.94% , compared with the lowest point on June 23, 2014 thirty-six point six five It’s up 33.56% 。 (Note: cycle refers to 2011-09-01 to now

 

2、 Market analysis

 

Product: the domestic ammonium sulfate Market is stable this week. About 490-680 yuan / ton for mainstream ammonium sulphate in Central China, 500-550 yuan / ton for mainstream ammonium sulphate in Henan, 470-600 yuan / ton for mainstream ammonium sulphate in Hebei, 520-590 yuan / ton for mainstream ammonium sulphate in Shandong, 500-680 yuan / ton for main ammonium sulphate outflow in East China, 470-670 yuan / ton for mainstream ammonium sulphate in North China, and 470-670 yuan / ton for Northeast China The factory quotation of mainstream ammonium sulfate is 520-660 yuan / ton.

 

ammonium persulfate

Industry chain: the market of downstream compound fertilizer enterprises is also depressed this week, with low enthusiasm and enthusiasm. Coking grade ammonium sulfate Market is cold, and the downstream market is more wait-and-see. The peak season of domestic ammonium sulphate has not yet arrived, and the downstream demand is limited, so the transaction is general.

 

Industry: according to the price monitoring of business agency, week 19, 2020( five point one one – five point one five )In the list of commodity price rise and fall, there are 28 kinds of commodities in the chemical industry sector, among which 5 kinds of commodities with an increase of more than 5%, accounting for the number of commodities monitored in the sector 5.6% The top three commodities were chloroform( 15.15% ), ethylene( 11.60% ), caprolactam( 8.46% )。 There are 16 kinds of commodities falling on a month on month basis, and 1 kind of commodities falling by more than 5%, accounting for the number of commodities monitored in this sector 1.1% The top 3 products were titanium dioxide (- 7.21% ), propane (- 4.70% ), mixed xylene (- 3.65% )。 The average rise and fall of this week is 0.72% 。

 

3、 Future forecast

 

Analysts of ammonium sulphate of business association think that the demand for coking grade ammonium sulphate is weak at present, and new orders are rare, so there is no good information for the time being. The internal ammonium sulphate keeps stable operation, the enterprise offers more, and the price is temporarily firm. It is expected that the price of ammonium sulfate will fluctuate mainly in a narrow range in the short term.

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Brief introduction of ethylene oxide market this week (may 11-may 15)

On Monday (11), the market rose by 200 yuan / ton, including 6500 yuan / ton ex factory in East China, a major region.

 

ammonium persulfate

Due to the centralized maintenance of ethylene oxide plant in North China, the limited resources will form the basic support for the market, and the market will steadily strengthen. Ethylene bottomed out and rebounded. The price of ethylene glycol rose. Due to the double positive effects of rising cost and falling operating rate, the price improved and the support for cost increased. The price of the downstream unit is affected by the increase of EO, and the delivery is mainly based on rigid demand, with general purchasing enthusiasm.

 

Maintain stability. At present, although it seems that there is a lack of momentum for a big rise, the market is still optimistic in the later period. We need to pay attention to the supply side and the change of raw material prices.

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May 15: stable operation of rubber grade silica in China

1、 Price trend

 

According to the data monitored by the business agency, the average price of domestic rubber grade silica as of May 15 is four thousand five hundred and sixty-six point six seven Yuan / ton, domestic white carbon black market stable operation, no major changes, enterprises shipping positive, downstream demand is general.

 

market analysis

 

ammonium persulfate

Product: this week, the domestic rubber grade and high-quality product silica runs stably, the downstream demand is general, just need to purchase, the manufacturer actively ships, the logistics is smooth, the manufacturer has pressed the price to the lowest, the profit has been close to the cost price, at present, Shandong Lihua new material Co., Ltd. rubber grade and high-quality product quotation 4200 / ton, Shandong Shouguang Changtai micro nano factory rubber grade and high-quality product quotation 5000 yuan / ton , the price of rubber grade superior products of Boai Xiangsheng silicon powder Co., Ltd. is 4500 yuan / ton, and the actual price is discussed.

 

Industry chain: the upstream hydrochloric acid is running smoothly this week, the mainstream factory price is mainly stable, the spot supply is sufficient, the transaction atmosphere is flat, and the supply and demand balance is maintained.

 

Industry: on May 14, the chemical industry index was 639, up 1 point from yesterday, down from 1016 (2012-03-13), the highest point in the cycle 37.11% , up from 598, the lowest point on April 8, 2020 6.86% 。 (Note: cycle refers to 2011-12-01 to now)

 

Future forecast

 

According to the white carbon black analyst of business agency, the domestic top grade white carbon black will continue to operate stably in the short term. (the above prices are provided by the major manufacturers of silica all over the country and analyzed by the business silica analysts for reference only. For more details, please contact the relevant manufacturers for consultation.)

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Acetone market price continues to rise due to tight supply

Price trend: acetone market rose sharply after the festival. According to the monitoring data of the business agency, the quotation of acetone for mainstream factories in East China was 7000 yuan / ton before the festival, 8000 yuan / ton on May 12, up 14.3%; the quotation of market in East China rose 13.7% from 7300 yuan / ton before the festival to 8300 yuan / ton on May 12, up 13.7%.

 

Up to now, the offer of acetone in China’s mainstream market: 8200-8300 yuan / ton in East China, 8300 yuan / ton in surrounding areas of Yanshan and Shandong, and 8000 yuan / ton in South China.

 

Analysis and comment: from the product itself, take East China as an example, on May 12, the national mainstream factories increased 300 yuan / ton again, Sinopec issued 8000 yuan / ton for the mainstream orders, Lihua yiweiyuan chemical offered 8200 yuan / ton, Yangzhou Shiyou offered 8200 yuan / ton. Acetone market in East China rose 5% to 8300 yuan / ton on the 12th from 7900 yuan / ton in the 6th daily report; in terms of supply, the port inventory dropped below 7000 tons and the port warehouse was at a low level; in terms of domestic plants and devices, the 9-day shutdown and overhaul of 350000 ton / year phenol ketone plant in Tianjin, Zhongsha, lasted for 2 months; there was no volume of export sales of Jilin chemical.

 

ammonium persulfate

From the perspective of industrial chain, the upstream raw material market shows an upward trend, with strong support from the perspective of cost. In terms of pure benzene, according to the monitoring of the business agency, the price of pure benzene in Shandong Province was 2960 yuan / ton on the 5th and 3310 yuan / ton on the 12th, up 11.82% on the whole, On December 12, Sinopec Qilu Petrochemical Company quoted 3100 yuan / ton, Yangzi Petrochemical Company 3150 yuan / ton, Hainan Petrochemical Company 3150 yuan / ton, Wuhan ethylene company 3150 yuan / ton, Jingbo Petrochemical Company 3600 yuan / ton, Dongming Petrochemical Company 3500 yuan / ton, HSBC Petrochemical Company 3150 yuan / ton, Jincheng petrochemical company 3500 yuan / ton. In terms of propylene, the price of propylene slightly increased by about 50 yuan / ton during the May 1st period, and continuously increased by 50 yuan / ton every day from the 6th to the 11th. According to the monitoring data of the business agency, the price of propylene in Shandong region was 6459.2 yuan / ton on the 12th, up 7.73% compared with that on the 5th, and now the market turnover is between 6250-6400 yuan / ton.

 

In terms of downstream market, bisphenol a market, on December 12, the main offer of East China was 9750 yuan / ton, up 1000 yuan compared with 8800 yuan / ton before the festival. At present, tens of thousands of tons were listed in the factory, and 9700-9800 yuan / ton were mostly offered in Huangshan, Shandong and North China. The offer of South China exceeded 10000 yuan. Overall, the high-level consolidation operation of bisphenol a market on December 12. In terms of isopropanol, the mainstream plants are operating at full load, and most of the orders are placed to the end of May. At present, the market offer in Jiangsu and Zhejiang is 11500-11700 yuan / ton, and that in Shandong is 11200-11400 yuan / ton.

From the perspective of the chemical industry, the chemical industry index was 636 on May 11, up 15 points from May 5. The chemical industry index rose continuously after the festival, up 6.35% from the lowest point 598 on April 8, 2020. Today, the chemical industry market as a whole shows a trend of more gains and less losses in May. (Note: cycle refers to 2011-12-01 to now)

 

Market forecast: when the spot supply is tight, the mentality of the commodity holder slows down and the sentiment of pushing up is stronger. The downstream isopropanol is running at a high level. The quotation of bisphenol A and MMA market is strong and strong. The terminal inquiry is actively followed up, and the trading activity of the market remains unchanged. It is expected that the acetone market will continue to run at a high level in the short term, and the main reference offer in East China will be 8200-8400 yuan / ton.

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In May, the price of n-propanol has reached a high level, and the operation is stable temporarily

1、 Price trend

 

According to the price monitoring data of business agency, on May 10, according to the average comprehensive quotation of sample enterprises, at present, the mainstream reference quotation of domestic n-propanol containing packaging is around 10000-10800 yuan / ton, and the reference price of bulk water is around 9000-9500 yuan / ton.

 

ammonium persulfate

2、 Market analysis

 

Products: in May, the domestic n-propanol market is generally stable, the manufacturer’s inventory is still low, the inventory and demand are different, the manufacturer’s and dealer’s quotation is still slightly fluctuating, but the overall high-level operation is the main. Nanjing area: Nanjing Rongxin Chemical Co., Ltd., a manufacturer of n-propanol, has an annual output of 30000 tons / year. At present, the n-propanol plant is in normal operation, and the external quotation of n-propanol is 9000 yuan / ton. Compared with that before the festival, the price has been revised back, the inventory is not much, and the goods are delivered according to the plan. In recent days, the quotation of n-propanol in Shandong Province has been relatively stable. The ex factory quotation of n-propanol, including the reference of packaging, is around 10000-10500 yuan / ton. The ex factory quotation of n-propanol with packaging in fengcang Chemical Co., Ltd. in Shandong Province is 10500 yuan / ton. The ex factory quotation of Jinan jinrihe Chemical Co., Ltd. is slightly lower than that a few days ago, with the reference of 10000 yuan / ton. The ex factory packing price of n-propanol of Jinan Mingwei Chemical Co., Ltd. is 1 0000 yuan / ton; the factory packing price of n-propanol of Jinan angxin Chemical Co., Ltd. is 10600 yuan / ton, which is still up 400 yuan / ton compared with April.

 

Industry chain: in April, the domestic propylene market was like a “roller coaster”. After the Qingming Festival, the price of propylene increased steadily. On the 10th, it increased by 200-300 yuan / ton. On the 11th, the manufacturers generally increased by 1000 yuan / ton. On the 12th, the market continued to soar by 1000-5000 yuan / ton. After two days of temporary stability, on the 14th, most of the enterprises’ prices fell by 1000 yuan / ton. Some of the soaring enterprises may return to the prices before the surge. On the 15th, The price went down 500-1000 yuan / ton again. The price went down slightly from 22 to 25. It was basically stable. Near May Day holiday, there was a part of the downstream stock just needed, because the market price of propylene rose slightly. From 28 to 30, it rose 50-100 yuan / ton slightly. At the end of April, the market turnover was between 5900-6050 yuan / ton, and the mainstream price was around 5900 yuan / ton. In May, the price of propylene slightly increased by about 50 yuan / ton during the May 1st period, rose by 100 yuan / ton again on the 6th, and continued to rise by 50 yuan / ton again on the 7th, 8th and 9th in Shandong area. At present, the market turnover is between 6200-6400 yuan / ton, and the mainstream price is around 6200 yuan / ton.

 

3、 Future forecast

 

According to the prediction of the business agency, the market trend of domestic n-propanol is closely related to the upstream and downstream demand and inventory volume, and it is expected that the overall market will remain high and stable in the near future.

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