1、 Price trend

According to the price monitoring of the business community, on August 30, the average price of salicylic acid (industrial grade) mainstream manufacturers was 14666.67 yuan / ton, flat compared with the beginning of the week and the beginning of the month, with a price increase of 2.33% compared with the same period last year.

2、 Market analysis

In August, the salicylic acid market was generally stable, and some enterprises fell first and then rose within the month, but the price fluctuation was small, which was adjusted in the range of about 100-300 yuan / ton. At the beginning of the month, the market was relatively stable, and enterprises may sell goods at a small profit. Since the middle of the month, the price of raw material phenol has increased. In addition, some salicylic acid enterprises have stopped for maintenance, the supply in the yard has decreased, and some salicylic acid enterprises have increased slightly, mainly through actual transaction negotiation. By the end of the month, the quotation of industrial enterprises of salicylic acid was mostly in the range of 12000-15500 yuan / ton, the quotation of pharmaceutical level was mostly in the range of 23000-26000 yuan / ton, and the quotation of sublimation level was mostly in the range of 17200-20000 yuan / ton. There was basically no major adjustment of salicylic acid at all levels.

In terms of raw materials, following the rise in the negotiation focus of the domestic phenol market last week, the market callback was narrow this week. As of the weekend, the market reference in East China was 9050-9100 yuan / ton, and the negotiation reference in the surrounding areas of Shandong and Yanshan was 9100-9150 yuan / ton. The participation of intermediate traders weakened. Near the end of the week, the supply expectation decreased in September. Under the influence of the news, the negotiation focus was slightly callback.

3、 Future forecast

According to the salicylic acid analysts of business agency, the salicylic acid market fluctuated little in August, with cost support and good supply. The price trend of salicylic acid is relatively strong, and some enterprises rose slightly. It is expected that the salicylic acid market will continue to advance steadily in the short term.

According to the monitoring data of business agency, as of August 27, the average price of propylene oxide enterprises was 16033.33 yuan / ton, down 2.68% compared with Monday’s price, down 4.56% compared with July 27 (the reference price of propylene oxide was 16800 yuan / ton), and down 5.87% year-on-year in a three-month cycle.

The propylene oxide market first fell and then rose this week, and the overall trend fell. At the beginning of the week, the factory inventory increased slowly, the follow-up of new orders in the downstream was general, the enterprise made profit and shipped, the focus of market negotiation decreased, the orders just needed in the downstream began to release, the manufacturer’s inventory pressure gradually eased, the price stopped falling and stabilized. With the smooth reduction of inventory in the market, the middle and downstream followed up on demand, and the price rose slightly. At present, the mainstream quotation of propylene oxide Market in Shandong is around 15600-15700 yuan / ton.

Upstream propylene, according to the bulk list data of business society, as of August 26, the reference price of propylene was 7786.73, an increase of 0.39% compared with Monday’s price. The shipment of production enterprises was stable and the market wait-and-see atmosphere was strong.

Downstream propylene glycol, according to the monitoring data of business society, as of August 26, the reference price of propylene glycol was 16700.00, an increase of 0.6% compared with August 1 (16600.00); For the downstream soft foam polyether, on August 27, the market range of soft foam polyether in Shandong increased, the raw material propylene oxide increased slightly, the cost support increased, and the market waited and saw finishing. At present, the mainstream quotation of ordinary soft foam polyether in Shandong is around 15700-15900 yuan / ton.

The propylene oxide analyst of business society believes that, in general, the price of raw propylene has increased slightly, the price of liquid chlorine has decreased, the cost support is limited, the manufacturer’s inventory has gradually decreased, the market trading is stable, which supports the manufacturer’s mentality. It is expected that the propylene oxide market may operate stably and strongly in the short term. More specific trends still need to pay attention to the downstream follow-up.

1、 Price trend

According to the data monitored by the business agency, on August 20, the domestic carbon black quotation was 8025 yuan / ton. This week, the domestic carbon black market operated weakly and stably. There was a strong wait-and-see mood in the field, and the carbon black market was cold.

2、 Market analysis

This week, there was sufficient supply in the domestic carbon black market, the new single price of coal tar in the main carbon black producing area rose sharply, and the cost pressure of carbon black manufacturers further increased. The downstream demand continues to be weak, the manufacturer’s shipment is not fast, and the inventory is high. The start-up of the main tire industry decreased slightly, and the domestic sales of the tire market was depressed. According to the statistics of relevant departments, the sales of the domestic heavy truck market fell 56% month on month and 50% year-on-year in July. The full implementation of the national six standards, early overdraft in the market and insufficient terminal demand led to a steep decline in heavy truck sales. Export shipping is difficult, manufacturers have a backlog of inventory, and it is predicted that the tire market will be difficult to improve in the short term under the condition of the continuous rise of export shipping costs. Dragged down by it, the downstream demand for carbon black continues to be weak this week.

3、 Future forecast

According to the carbon black data division of the chemical branch of business society, the cost of carbon black manufacturers is under pressure, and the downstream market demand expectation generally puts pressure on the carbon black price, and the overall price is weak and stable.

1、 Price trend

2、 Market analysis

According to the data of business agency, the domestic potassium sulfate market fell in the third week of August. As of August 20, the average price of 50 particle samples of domestic potassium sulfate was 4466.67 yuan / ton, an increase of 0.75% over the average price at the beginning of the month and 66.98% over the same period last year.

The domestic potassium sulfate price began to fall in the third week of August. After a long-term rise in the market, the current potassium fertilizer market is gradually becoming weak. Due to the long-term rise of domestic spot prices, the price range of potassium sulfate has been high for a long time, and the price of potassium sulfate has begun to decline at a high level recently. In terms of industry load, the operating rate of processing potassium sulfate unit further decreased this week, and the overall operating rate has fallen by less than 50%. The upstream potassium chloride fertilizer also fell, the resistance to on-site shipment increased, and the price decreased passively. The upstream is sluggish, and the cost of potassium sulfate is weakened. In addition, the previous high cost pressure has led to the deterioration of enterprise profitability. Recently, the market momentum is poor, the actual order transaction is difficult, and the market goes down. At present, the ex factory reference price of 52% potassium sulfate powder of Shijiazhuang hehe Chemical Co., Ltd. is reported as 4500 yuan / ton. The ex factory reference price of 52% potassium sulfate powder of Hebei Gaoqiao agriculture is reported as 4600 yuan / ton.

3、 Future forecast

Potassium sulfate analysts of business agency believe that the domestic potassium fertilizer market weakened in the third week of August, and the market of raw potassium chloride was poor. While the cost support of domestic potassium sulfate has been weakened, the poor profitability has forced enterprises to load. In addition, the end-user’s follow-up is not strong, the merchants give up profits to ship, the seller’s camp’s shipping resistance rises suddenly, and there is a weak pattern of supply and demand in some parts of the industry. It is expected that the price of domestic potassium sulfate may continue to weaken in the near future.

1、 Price trend

As can be seen from the above figure, the comprehensive price of potassium chloride is temporarily stable this week. The average price of mainstream comprehensive quotation of potassium chloride this week is 3210.00 yuan / ton. Overall, the potassium chloride market was temporarily stable this week, and the potassium chloride commodity index was 101.90 on August 20.

2、 Market analysis

The quotation of mainstream potassium chloride manufacturers this week is temporarily stable: the factory quotation of Qinghai Salt Lake potassium chloride at the weekend is 3270 yuan / ton, which is temporarily stable compared with that at the beginning of the week; Anhui Badou potassium chloride has not been quoted this week. There is a tight supply of marketable potash fertilizer in China. Although the production enterprises are fully engaged in production, the operating rate is slightly low and the self-sufficiency rate is insufficient. At the same time, the delivery of international potash fertilizer suppliers is delayed and the arrival at the port is limited.

3、 Future forecast

In late August, the overall trend of potassium chloride market may fluctuate slightly. The international demand for potash fertilizer is strong, but the domestic available supply is in short supply. Potassium chloride analysts of business society believe that the short-term potassium chloride market is dominated by high-level consolidation under the influence of supply and demand and raw materials.

On August 23, methanol futures in Zhengzhou Commodity Exchange continued to rise, and the main contract ma2201 closed at 2921 yuan / ton, an increase of 4.62% during the day. Methanol spot market is still low consolidation. According to the monitoring of business agency, as of August 23, the average price of domestic methanol production enterprises in Shandong was 2580 yuan / ton, with a month on month decrease of 0.19% and a year-on-year increase of 59.75%.

At present, crude oil continues to decline and coal prices are relatively strong. The new price of major production enterprises in the main production areas of Northwest China rose by about 30-50 yuan / ton this week, which has obvious positive guidance for the market. Traders are relatively active, but the downstream demand is relatively weak. In the short term, methanol just needs to be purchased, and the rise of the whole methanol market is weak.

Summary of methanol market prices in various regions as of August 23:

Region, price

Qinghai region 2160 yuan / ton factory withdrawal cash exchange

Shanxi region 2300-2320 yuan / ton factory withdrawal cash exchange

Liaoning region 2480-2500 yuan / ton factory delivery

Fujian region 2725-2740 yuan / ton, tax included tank discharge nearby

Lianghu area Actual ex factory reference: 2550 yuan / ton factory withdrawal cash exchange

Anhui region 2600-2620 yuan / ton factory acceptance

Henan region 2455-2465 yuan / ton factory withdrawal cash exchange

Downstream, the formaldehyde market is rising steadily; The market price of dimethyl ether rose steadily, and the trading atmosphere was general; The domestic acetic acid market is stable, the factory inventory is in a rational position, the downstream purchase of acetic acid is rational, the market is in a balanced situation, and the supplier’s temporary offer is stable.

In terms of external market, as of the closing on August 20, the closing price of CFR Southeast Asia methanol market was USD 389.00-390.00/t. The closing price of the US Gulf methanol market was 133.50-134.50 cents / gallon, down 1.5 cents / gallon; The closing price of FOB Rotterdam methanol market is 424.00-425.00 euros /.

region ., Country, closing price, up and down

Asia CFR Southeast Asia USD 389.00-390.00/t USD 0 / ton

Europe and America American Gulf 133.50-134.50 cents / gallon – 1.5 cents / gallon

Europe FOB Rotterdam 424.00-425.00 euros / ton 4 euro / ton

Methanol analysts of business society expect that the short-term methanol market may be dominated by consolidation.

According to the bulk list data of business society, the price of domestic industrial boric acid continued to rise this week. On August 13, the price of boric acid was 6200-7000 yuan / ton (average price 6650 yuan / ton), and on August 19, the average price of boric acid was 6700 yuan / ton, with an increase of 0.75%.

The upstream has strong support and the downstream price is stable

Boric acid price trend has not changed significantly this week. Recently, the spot of boric acid is in short supply. Due to the impact of the epidemic, the production capacity of foreign upstream raw materials is limited, the spot of imported boric acid products is insufficient, and the tight trend of logistics has been alleviated. The sales volume of domestic boric acid is stable and the inventory is relatively tight.

According to the data monitoring of the business agency, the price of boric acid in some enterprises in the near future (for reference only, the actual transaction prices of different brands, different specifications and products are mainly negotiated)

Boric acid analysts of business society believe that the recent logistics tension has eased, and the price is stable in the short term. It is recommended to purchase on demand. More attention should be paid to the market news guidelines.

1、 Price trend

According to the price monitoring of the business community, on August 13, the average price of salicylic acid (industrial grade) mainstream manufacturers was 14666.67 yuan / ton, the same as at the beginning of the week and the same as at the beginning of the month, and the price increased by 2.33% compared with the same period last year.

2、 Market analysis

The salicylic acid market remained stable as a whole this week, and the enterprise quotation remained mostly in the early stage, fluctuating below 500 yuan / ton, and the overall price trend was strong. At present, the price of raw phenol fluctuates and runs at a high price. In addition, salicylic acid manufacturers have stopped for maintenance recently, the market supply has been tightened, the inventory is low, the shipment is smooth, and the salicylic acid market is stable, medium and strong. By the end of the weekend, the quotation of industrial salicylic acid enterprises was mostly in the range of 12000-15500 yuan / ton, the quotation of pharmaceutical grade was mostly in the range of 23000-26000 yuan / ton, and the quotation of sublimation grade was mostly in the range of 17200-20000 yuan / ton. There was little change in Salicylic acid at all levels.

In terms of raw materials, the domestic phenol Market stopped falling and warmed up this week, and the major markets rose about 100 yuan / ton near the weekend. So far, the market reference in East China is 8850-8950 yuan / ton, an increase of 0.86% compared with Monday. I heard that the port shipping schedule has been postponed recently, and the social inventory of the port is expected to decrease. However, at present, the terminal demand has not changed much, and it is difficult to have the possibility of a significant increase. In addition, the phenol contract price is high, the cargo holder has little intention to lower the price, and the price is mainly quoted, so it is difficult for the market to fall.

3、 Future forecast

Salicylic acid analysts of business agency believe that at present, the cost support is OK. In addition, the manufacturer’s inventory pressure is not large, and the goods holders ship at a stable price. It is expected that the salicylic acid market will continue to move greatly, steadily and slightly in the short term.

According to the monitoring of the business society, the price index of the domestic rare earth market decreased slightly, some prices in the domestic praseodymium neodymium rare earth market fell, and the legitimate prices in the heavy rare earth market fell. According to the rare earth sector index of the business society, the rare earth index was 601 points on August 12, the same as yesterday, down 39.90% from the highest point of 1000 points in the cycle (December 6, 2011), Compared with the lowest point of 271 on September 13, 2015, it increased by 121.77%（ Note: the period refers to the period from December 1, 2011 to now).

It can be clearly seen from the rare earth index chart that the prices of some domestic rare earths have fallen recently, the prices of mainstream commodities in the rare earth market have decreased slightly recently, and the rare earth market is mainly stable. In terms of products:

It can be clearly seen from the product price trend chart that the price trend of domestic praseodymium neodymium oxide and praseodymium neodymium alloy declined, the price of neodymium oxide and metal neodymium rose slightly, and the price trend of praseodymium oxide and metal praseodymium was temporarily stable. As of August 13, the price of neodymium oxide in domestic rare earths was 622500 yuan / ton, up 0.4% this week; The price of neodymium is 765000 yuan / ton, up 1.32% this week; The price of praseodymium neodymium oxide was 623500 yuan / ton, down 0.25% this week; The price of praseodymium neodymium alloy was 770000 yuan / ton, down 0.65%; The price of metal praseodymium is 830000 yuan / ton, and the price trend is stable this week; The price of praseodymium oxide is 645000 yuan / ton. The price trend is temporarily stable this week. All products have varying degrees of changes, and the overall range has little change.

The products in the domestic rare earth market are mixed, the supply and demand structure changes little, and the demand for high-end magnetic materials is normal. In the near future, China’s rare earth quota on the supply side may be steadily increased, and the supply rigidity is optimized. In addition, with the implementation of the new energy efficiency standards, the proportion of frequency conversion air conditioners for domestic household appliances, the penetration rate of Nd-Fe-B continues to increase, and the demand side remains high. The sales of new energy vehicles are relatively normal, and the demand for rare earths is high. The main rare earth raw materials of high-performance Nd-Fe-B are light rare earth praseodymium and neodymium oxide, heavy rare earth dysprosium oxide and terbium oxide, which are used in new energy vehicles, wind power, energy-saving frequency conversion air conditioning, traditional vehicles and other fields. According to statistics, the sales of new energy vehicles are still good. According to the data released by China Automobile Industry Association, China Automobile Industry Association (hereinafter referred to as “China Automobile Association”) released the latest production and sales data. In July, the domestic automobile production and sales reached 1863000 and 1864000 respectively, down 3.0% and 4.1% month on month and 15.5% and 11.9% year-on-year. The recent downstream demand is acceptable, and the market price of light rare earths has not changed much.

As can be seen from the trend chart, the price trend of dysprosium Series in China fell. As of the 13th, the price of dysprosium oxide was 2.69 million yuan / ton, and the price trend fell by 0.37% this week; The price of dysprosium ferroalloy is 2.655 million yuan / ton, and the price trend is temporarily stable. The price of metal dysprosium is 3.47 million yuan / ton, which has decreased by 0.29% this week. The price of domestic terbium series has dropped, the price of domestic terbium oxide is 8.55 million yuan / ton, and the price of metal terbium is 10.7 million yuan / ton. The transaction in the domestic rare earth market is normal, and the leading magnetic material factory is not active in purchasing, which makes the domestic heavy rare earth market price drop slightly. However, Myanmar prohibits export, and the global rare earth supply is relatively concentrated. Myanmar is one of the production areas second only to China and the United States. Myanmar has a great impact on the products in the domestic heavy rare earth market. The source of imported goods has been greatly reduced. The supply in the heavy rare earth market is general. Recently, the downstream procurement is active, and the market price has decreased slightly.

The recent notice on carrying out industrial energy conservation supervision in 2021 emphasizes the comprehensive sorting and investigation of enterprises in key industries such as iron and steel, nonferrous metal smelting, petrochemical industry and building materials, and the special supervision on the implementation of mandatory energy consumption quota standards per unit product, so as to finally realize the full coverage of energy conservation supervision of enterprises in key industries during the 14th Five Year Plan period. In addition, Wang Jiangping, Vice Minister of industry and information technology, said at the video conference on industrial policies and regulations of industry and information system last week that efforts should be made to optimize the development environment of industrial enterprises, accelerate the legislation of telecommunications law, and promote the promulgation of rare earth regulations as soon as possible. Industry insiders believe that this reflects the strengthening of government control over the rare earth industry, which is conducive to the healthy development of the industry. Since 2021, the accelerated promulgation of the regulations on the administration of rare earth will, on the one hand, make the industry have laws to abide by and promote the rare earth industry chain to embark on the road of virtuous circle development; On the other hand, it reflects China’s determination to strictly control the supply order of rare earth and support the price of rare earth as an important strategic resource. The overall demand for rare earth products is OK, the downstream demand is normal in the near future, and the price trend of domestic rare earth market is stable.

With the sustainable development of new energy vehicles, wind power and variable frequency air conditioning downstream of rare earth, the demand continues. In addition, the domestic rare earth supply starts normally. Recently, the on-site transaction has dropped and the procurement is not active. Chen Ling, an analyst of business society, expects that the rare earth market price may decline slightly in the later stage.

1、 Price trend

According to the monitoring data of business agency, the price of caustic soda is temporarily stable. From the beginning of the week to the end of the week, the market price in Shandong is 647.5 yuan / ton, with a price increase of 5.86% and a price increase of 36.32% over the same period last year. On August 15, the caustic soda commodity index was 93.17, the same as yesterday, down 54.96% from the highest point 206.87 in the cycle (November 14, 2017), and up 43.10% from the lowest point 65.11 on October 9, 2020（ Note: period refers to the period from September 1, 2011 to now)

2、 Market analysis

Caustic soda price consolidation operation this week. The price of caustic soda in Shandong has been adjusted and put into operation. Now the mainstream ex factory price of 32% caustic soda is 620-720 yuan / ton. Downstream demand is mainly on-demand procurement, and there is a strong wait-and-see mood. Now caustic soda manufacturers adjust their prices according to their own conditions, and it is comprehensively expected that caustic soda will mainly operate temporarily and stably in the follow-up. The price of caustic soda in Hebei fluctuates slightly. At present, the mainstream ex factory price of 32% caustic soda is 650-780 yuan / ton. It is expected that the subsequent consolidation and operation of caustic soda will be the main.

Downstream: at present, alumina enterprises mainly purchase caustic soda on demand, and the quotation of caustic soda manufacturers is stable. In addition, the downstream has a mentality of resistance to high price caustic soda, and the two sides launch a price game.

According to the price monitoring of the business society, in the list of price rise and fall of chlor alkali industry in the 32nd week (8.9-8.13) of 2021, there were 2 kinds of commodities rising, 0 kinds of commodities falling and 3 kinds of commodities rising and falling to 0. The main commodities rising were: light soda ash (2.34%), PVC (1.23%); The average rise and fall this week was 0.71%.

Business analysts believe that recently, the price of caustic soda in Shandong has maintained stable operation, while the downstream alumina is mainly purchased on demand. It is expected that the follow-up consolidation and operation of caustic soda will mainly depend on the downstream market demand.