Monthly Archives: December 2021

The resistance of downstream enterprises intensified, and the price of PA66 fell

Price trend

 

PVA 1788 (PVA BP17)

According to the bulk list data of business society, the domestic PA66 market fell in December, and the spot prices of various brands fell significantly. As of December 30, the average ex factory price of PA66 adhesive injection molding sample enterprises of business society was about 36500 yuan / ton, with an increase or decrease of – 5.19% compared with the average price at the beginning of the month.

 

Cause analysis

 

Industrial chain: upstream, domestic adipic acid is short both in cost and supply and demand this month, and the price of raw materials is lower. The supply is affected by the expected temperature rise of plant restart, dragging down the market price. Adiponitrile has not improved much. The loss of production capacity of large international factories and the shortage of overseas transportation capacity are still affecting the market, and the supply shortage has not improved. Due to the high dependence on imports of adiponitrile, most domestic PA66 enterprises have operated at a low production load for a long time.

 

PVA

The upstream raw material adipic acid is weakly stable, the change of adiponitrile is limited, and the cost end support of PA66 is weakened. At present, there is no change in the operating rate of the industry compared with the previous period, the tight pattern of adiponitrile remains unchanged, and the operating rate of domestic PA66 industry continues to be low. Due to the shortage of inventories in various ports, the impact of international health events, the lack of overseas systematic transportation capacity, and the long-term shortage of domestic arrival, the boost effect of the recent rise of remote upstream crude oil has also been flattened. In terms of demand, buyers follow up slowly with goods, there is great resistance to high price goods, the seller’s mentality is loose, and the offer is weak.

 

Future forecast

 

Business analysts believe that the spot price of PA66 fell in December. The shortage of adiponitrile at the raw material end did not improve, and the adipic acid market fell. PA66 enterprise has a low overall load due to lack of raw materials, and the supply side supports the spot. However, downstream users have a deep resistance to high price sources, and the trading atmosphere on the floor is poor. It is expected that PA66 may continue to operate in a weak adjustment in the near future.

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DMF prices rise and fall in 2021, breaking the 10-year history

In 2021, DMF is a year of steady and ups and downs. The price of dmf1 at the beginning of the month is 7833.33/t, which is also the lowest price of the year. As of December 29, the price of DMF is 15900 yuan / T, and the price is almost doubled. In 2021, the price of DMF continues to rise. The annual highest point is in mid and late October, and the price reaches 18700 yuan / T, breaking the historical price of nearly 10 years, DMF increased by 102.98% in the whole year, up to 8000 yuan / ton. In 2021, DMF’s effective capacity was about 900000 tons, and the overall operating rate reached 80%.

 

PVA 1799 (PVA BF17)

In the first quarter, the DMF price continued to rise, from 7833.33 yuan / ton at the beginning of January to 10616.67 yuan / ton at the end of March. The overall price increased by 35.53%, reaching 2783 yuan / ton. In January, the domestic DMF market quotation was strong, and the negotiated price increased slightly. East China and North China increased in varying degrees, with an increase of about 100 yuan / ton. The reference price in East China market was 7850-8050 yuan / ton, The reference price in North China market is 8150-8250 yuan / ton, and the overall market negotiation focus is high. In February, the focus of the domestic DMF market is weak. The market wait-and-see atmosphere in South China is dominated, and there is a downward trend in East China. The prices of some manufacturers are reduced. Near the Spring Festival, the holiday atmosphere is getting stronger, and most enterprises have entered the closing work. The DMF price fell by 2.03% in early February, The decline was 200 yuan / ton. After the holiday, DMF started the upward trend in March. The focus of the domestic DMF market was high, the supply side was tight, and the inventory was low. The factory negotiated prices continued to rise. After the festival, the demand increased, and the downstream followed up actively. At the beginning of March, DMF East China market was 10000-10150 yuan / ton, and South China market was 10300-10500 yuan / ton, In late March, the price of DMF entered the high point of the roller coaster, the price of upstream methanol rose, most enterprises adjusted the price one after another, DMF followed up passively, followed by the rise until early April.

 

In the second quarter of April, DMF began to decline gradually from the high point of the roller coaster. In April, the market trend of DMF fluctuated. In the beginning of April, the price of DMF changed from a stable small rise to a continuous large rise. The enterprise quotation once reached 12000 yuan / ton, which is difficult to alleviate the shortage of supply. In the first ten days of April, the increase reached 8.9%, and the focus of the negotiation is rising, In late April, the price of DMF began to decline. The market price of DMF was uncertain before and after May Day. Before the festival, the price of DMF fell, from 11833.33 yuan / ton at the end of April to 11000 yuan / ton at the beginning of May. In May, the price continued its weak operation, showing a downward trend. The cost side support was general, and the overall market trend was weak and volatile.

 

In the third quarter, in July, DMF prices mainly operated stably. The average price quoted by enterprises was 12450.00 yuan / ton. The DMF market price was stable. Due to the excessive increase in the early stage, July was in the stage of digestion and consolidation. Compared with the same period in June, DMF prices rose by 12.84%. The overall market was still strong. DMF prices continued to operate at a high level in August. DMF manufacturers frequently raised high prices and prices continued to rise, Compared with the same period in July, the price of DMF increased by 16.51%, up to 16.51%, and the monthly increase reached nearly 2000 yuan / ton. At the end of July, the price of DMF fell slightly, and the price stabilized. The mainstream price range was about 15100 yuan / ton. In the first ten days of September, DMF maintained an upward trend, and the stable operation in the middle of September continued to the second ten days of September. The trend of DMF fell, and the downward trend ran, down 1600 yuan / ton compared with the same period in August.

 

PVA

The fourth quarter entered October. In the first ten days of October, the DMF market went up and the price continued to rise. The mainstream price range was 18000 yuan / ton. The supply side was tight, the procurement atmosphere was active, and the overall market was strong. The upstream methanol was in a continuous and stable state, which had little impact on DMF. In the middle of October, the DMF trend was stable, medium and strong, the price recovered slightly, and the DMF price trend declined in the second ten days of October, In November, the overall trend of DMF was downward, which was 15.43% lower than that in the same period in October, with a decline of 2700 yuan / ton. In addition to the lack of demand, DMF fell sharply in November, with great upward resistance in the market. In December, the trend of DMF was strong, and it was dominant in narrow range, which continued to the end of December and ended on December 29, In December, the overall price rose by 6%, or 900 yuan / ton. Compared with the same period in November, the price rose by 7.43%. Near the Spring Festival in 2022, the DMF market recovered again.

 

Upstream methanol: in the first half of the year, the upstream methanol market operated stably as a whole, the price in Guangdong increased slightly, and the cost support of DMF was stable. In February 2021, near the Spring Festival, the upstream methanol market was weak, and the market was weak as a whole. Changzhou was 2390-2410 yuan / ton, Zhangjiagang was 2400-2410 yuan / ton. There was a strong wait-and-see atmosphere, mainly in the northeast of South China, There was a slight rise in East China, the overall trend was flat, and the DMF market was weak and fell. In the second half of the year, methanol mainly operated stably in July, just needed replenishment, and the fluctuation was limited. In August, the trend of methanol rose, and the average price of production enterprises in Shandong rose from 2577 yuan / ton to 2615 yuan / ton. The methanol market in main regions mainly rose narrowly and slightly, the crude oil market rebounded, and it was difficult for coal prices to fall, In order to alleviate the cost pressure of methanol, the price of methanol rose at a constant speed and continued to be dominated by the stable operation of methanol in October.

 

In 2021, the price of DMF has been rising all the way. Moreover, in the middle and late October, the price of 17800 yuan / ton has set a new historical record for nearly 10 years. DMF is a universal solvent in the chemical industry. It can be seen in medicine, food, electronics and other industries, which is inseparable from our life. In 2021, the effective capacity of DMF is about 900000 tons, and the overall operating rate is 80%, It is expected that the price of DMF will increase in 2022. The Spring Festival in 2022 is approaching. At present, the price of DMF is an upward trend, the supply side is in short supply, the downstream goods are actively prepared, the procurement atmosphere is acceptable, and the price is strong. It may be maintained until the middle and early ten days of January.

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The market price of salicylic acid will rise steadily in 2021

1、 Price trend

 

According to the price monitoring of business society, on December 28, the average price of salicylic acid (industrial grade) mainstream manufacturers was 16833.33 yuan / ton, an increase of 2900 yuan / ton compared with 13933.33 yuan / ton at the beginning of the year, an increase of 20.81% during the year.

 

PVA 1799 (PVA BF17)

2、 Market analysis

 

In 2021, the salicylic acid market was supported by the rise of raw materials and double control of energy consumption, and the price rose steadily. In the first quarter, due to the rising price of raw material phenol, strong demand before and after the Spring Festival, increased enthusiasm for inquiry, good trading atmosphere, full opening of salicylic acid manufacturers, no pressure on inventory, traders actively entering the market, and prices continued to rise. In the second quarter, the price of raw materials continued to rise, supported by the cost of salicylic acid, but there were many changes in the international situation, which had a certain impact on the export of salicylic acid. Due to the limited power policy in some downstream areas in China, the operating load decreased slightly, and the price of salicylic acid began to decline slightly. In the third quarter, the demand in the off-season was expected to decrease, but the raw materials continued to rise. In addition, some salicylic acid enterprises stopped for maintenance, the cost supply support was strong, and the salicylic acid market rose. In the fourth quarter, the prices of raw materials phenol and liquid alkali rose. In addition, the downstream goods preparation started at the end of the year, and the demand gradually increased. The salicylic acid enterprises shipped well and the price rose. By the end of the year, the quotation of domestic salicylic acid industrial enterprises was mostly in the range of 14900-19200 yuan / ton, the quotation of pharmaceutical grade was mostly in the range of 24000-27000 yuan / ton, and the quotation of sublimation grade was mostly in the range of 19500-23000 yuan / ton.

 

According to the monthly increase and decrease from December 1, 2020 to November 30, 2021, the salicylic acid market generally shows an upward trend in 2021. From the above figure, it can be seen that salicylic acid has increased or slightly increased in seven months and decreased or stabilized in other months. The increase and decrease in October is the largest, the highest point of the whole year is December, the average price is 16833.33 yuan / ton, and the lowest point of the whole year is January 5, The average price is 13933.33 yuan / ton, showing a steady upward trend.

 

PVA

In terms of raw materials, the domestic phenol market fluctuated upward in 2021. Towards the end of the year, the mentality of the cargo holders was better, steadily pushing up the offer, and the focus climbed significantly. On December 27, the domestic phenol market continued to rise. East China negotiated a single day rise of 100 yuan / ton, with a reference of 9600-9700 yuan / ton. With the help of the centralized increase of the factory, the offer of the cargo holder further pushed up. The downstream is still just in need of follow-up, and the actual single delivery is limited.

 

3、 Future forecast

 

According to the salicylic acid analysts of business society, the salicylic acid market will rise steadily in 2021. In 2022, under the background of gradual economic recovery and the support of high costs, the salicylic acid market is still expected.

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In 2021, the price of potassium nitrate in Shanxi fluctuated and rose

According to the data monitored by the business society, at the beginning of the year, the quotation of Shanxi industrial grade first-class potassium nitrate was 4137.50 yuan / ton, and at the end of the year, the quotation of Shanxi industrial grade first-class potassium nitrate was 5866.67 yuan / ton, an increase of 41.79%. The lowest price of the whole year is the beginning of the year, and the highest price of the whole year is December 16, with the price of 5900 yuan / ton.

 

PVA 1799 (PVA BF17)

potassium nitrate

 

In 2021, the market of potassium nitrate in Shanxi rose violently. As can be seen from the above figure, the market of potassium nitrate in the whole year had an upward trend for 8 months and only fell for 3 months. The largest increase was 14.1% in June and 3.98% in September. The rise of potassium nitrate Market is mainly due to the fact that the trading market is in a state of supply exceeding demand. In order to control the supply of goods, large traders are reluctant to sell. The overall transaction in the market is slow and the market rises sharply. After August, the tight supply of goods in the market has eased. Among them, a small number of large traders ship goods, and potassium nitrate manufacturers ship goods according to orders. The potassium nitrate market began to show a wave line, which changes with the change of market inventory, and the overall market is still volatile and higher.

 

PVA

In 2021, the market of potassium chloride showed a trend of shock and rise. Throughout 2021, the available spot in the domestic potassium chloride market is in short supply. 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 potassium fertilizer suppliers is delayed and the arrival at the port is limited. Domestic inventory has been low and the market remains high. The strong market of potassium chloride supports the cost of potassium carbonate.

 

Recently, the domestic potash fertilizer market is weak and the market demand is light. It is expected that the price of potassium nitrate will mainly fall in the short term, and the long-term market still needs to wait and see. (the above prices are provided by major potassium nitrate manufacturers all over the country and sorted and analyzed by potassium carbonate analysts of business society. They are for reference only. Please contact relevant manufacturers for more price details).

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Vitamin market demand is light (12.20 ~ 12.24)

Price trend

 

PVA 1788 (PVA BP17)

According to the bulk list data of business society, domestic vitamin C remained stable this week, and the average price of food grade vitamin C was 47.33 yuan / kg, with no rise or fall.

 

According to the monitoring of business society, the domestic vitamin C market is running smoothly. At present, the mainstream price of food grade is 46-48 yuan / kg, and that of feed grade is 42-44 yuan / kg. Most production enterprises stop reporting, the market supply is sufficient and the demand is general.

 

Upstream: the corn price is weak. It is expected that the overall corn price will continue to be weak and downward during the middle and late December, but it does not rule out the interval rebound in some markets due to the impact of weather on transportation.

 

The price of vitamin a stopped falling and stabilized this week, and the average price of feed grade vitamin A was stable at 289 yuan / kg. The mainstream price of vitamin A is 275-20 yuan / kg, and the quotation in the European market is 71-74 euros / kg. Some traders stopped reporting and implemented a single negotiation, which increased the space for price negotiation.

 

PVA

The vitamin E market operated smoothly this week, and the average price of feed grade vitamin E was stable at 89 yuan / kg. The mainstream market quotation is around 85-90 yuan / kg, and the European market quotation this week is 10.8-11.5 euros / kg. Affected by the epidemic, the supply of vitamin E has decreased, the demand has weakened, and the production and marketing are weak.

 

Future forecast

 

Vitamin analysts of the chemical branch of business society believe that: Overall, the overall market of vitamins shows a steady downward trend. In the future, pay close attention to the opening and parking status and delivery of enterprises.

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Insufficient effective support, the price of dimethyl carbonate fell by more than 17% in December

According to the monitoring data of business society, as of December 23, the average ex factory price of domestic industrial dimethyl carbonate was 8733 yuan / ton. Compared with the price on December 1, 2021 (the reference price of dimethyl carbonate was 10533 yuan / ton), the average price was reduced by 1800 yuan / ton, a decrease of 17.09%.

 

PVA 1799 (PVA BF17)

In early December, the domestic dimethyl carbonate market fell sharply. On the first and second days of the month, the domestic dimethyl carbonate market generally operated stably, the atmosphere in the field was quiet, and the operators watched carefully. However, the downstream demand was always insufficient, and the transaction of new orders in the field was limited. In addition, the dimethyl carbonate units in some areas were put into operation, the supply in the field was expected to increase, and the downstream replenishment was cautious. From the third day, The domestic dimethyl carbonate market has been running downward all the way, the focus of on-site negotiation has been declining, few new orders have been heard, and the industry has a strong bearish mood. On July 7, 8 and 9, the domestic dimethyl carbonate price fell sharply. On September 9, the domestic dimethyl carbonate ex factory price fell to around 8500-9000 yuan / ton, with an average price of 8800 yuan / ton, a decrease of 13.44% over the three days. Subsequently, the market of dimethyl carbonate operated weakly and stably, and the on-site price fluctuated little. Until the 15th, the domestic dimethyl carbonate market fell again, and the on-site demand was still cautious. Although the factory inventory pressure was controllable, the increase of on-site supply in the early stage still suppressed the trading atmosphere. The average ex factory price of dimethyl carbonate fell below 8500 yuan, with reference to 8466 yuan / ton, compared with the beginning of the month, The half month decline was 19.62%.

 

In late December, the downstream of dimethyl carbonate made up orders in a small range, and the trading atmosphere on the site improved slightly. In addition, affected by the delay of commencement of some factories, the supply side of dimethyl carbonate on the site was supported. From the 17th, some factories slightly increased the ex factory price of dimethyl carbonate by 100-200 yuan / ton, and then the market continued to maintain weak consolidation and operation. On the 21st, Supported by the favorable supply side on the site, the unit operation in some areas was unstable, the inventory pressure on the site was small, and the supply of goods was tight, and the downstream demand was expected to pick up. Some factories raised the ex factory price of dimethyl carbonate slightly again, by 100-300 yuan / ton. The overall market continued to operate steadily. As of the 23rd, the average price of dimethyl carbonate in China was 8733 yuan / ton, compared with that at the beginning of the month, The decline was more than 17%.

 

In terms of index, it can be seen from the k-column chart of dimethyl carbonate week that since November, the domestic dimethyl carbonate market has fallen more or less, and the support has been insufficient. The decline continued to deepen in December. On December 22, the dimethyl carbonate commodity index was 154.12, the same as yesterday, It is 38.35% lower than the highest point of 250.00 in the cycle (2021-10-26), and 54.12% higher than the lowest point of 100.00 on June 6, 2021. (Note: the cycle refers to 2021-06-01 to now)

 

PVA

In terms of upstream propylene oxide, the market price of propylene oxide has been stable recently. Recently, the price of raw material propylene is mainly stable, with little impact on the cost. On the 16th, the market is temporarily stable and wait-and-see, the factory shipment has improved, and the inventory is gradually digested, but the downstream follow-up is relatively general, and the market continues to be stable and wait-and-see. At the beginning of this week, the factory inventory pressure is temporarily small, the market atmosphere is flat, the downstream purchases on demand, the cautious wait-and-see mood is strong, and the price operates stably, On the 21st, the mainstream quotation of propylene oxide Market in Shandong was around 12950-13100 yuan / ton. According to the monitoring data of business agency, as of December 23, the average price of propylene oxide enterprises was 12900.00 yuan / ton, a decrease of 11.64% compared with the price on December 1 at the beginning of the month (the reference average price of propylene oxide was 14600 yuan / ton).

 

Future trend analysis

 

At present, there is still insufficient effective support in other aspects of the venue. The business society’s Dimethyl Carbonate data division believes that in the short term, the overall market fluctuation of dimethyl carbonate is limited, and most of them focus on interval adjustment. Specifically, more attention should be paid to the specific changes at the supply and demand end.

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The supply and demand are weakening, and the acetone market continues to be depressed

In the past week, the domestic acetone market continued to be depressed. According to the monitoring data of business agency, taking the market offer in East China as an example, the market offer in East China was 5275 yuan / ton on December 15 and 5240 yuan / ton on December 22, which continued to run at a low level. In terms of the national market, as of the 22nd, the bottom rebound in East China was 50 yuan / ton, the negotiation was 5180-5200 yuan / ton, the offer in Shandong and Yanshan surrounding areas was 5200 yuan / ton, and the offer in South China was 5350 yuan / ton.

 

PVA 1799 (PVA BF17)

From the raw material side, the pure benzene market fell, and East China negotiated to 6500-6650 yuan / ton, with a small overall decline. The decline in Shandong was obvious, about 100 yuan / ton, and 6300-6400 yuan / ton. Overall, affected by the downward trend of downstream styrene, the transaction volume of local refining moved downward, and the volume of negotiation and trading in the market increased after the decline.

 

Propylene, another important raw material, operates stably with an offer of 7400 yuan / ton. Generally, there is little enthusiasm for downstream procurement in the market, but continuous procurement is recommended. The manufacturer said that the shipment is normal and there is no pressure, that is, the downstream operating rate is stable, the demand for propylene is stable, and its price is supported.

 

PVA

The downstream bisphenol a market is mainly organized and operated, and the overall negotiation is 16100-16300 yuan / ton. At present, the supply of goods in the market is limited, the holders have little intention to sell low, and the offer continues to be stable. In the downstream market, it is pushed up by the sharp rise of related products at the beginning of the week, but generally speaking, the terminal order receiving situation is not optimistic, and the bisphenol a market is advancing steadily in the short term.

 

From the perspective of the business agency, there are no major positive factors in the morning of the upstream, the raw material end is depressed, the downstream enterprises replenish goods completely on demand, and the trading atmosphere is general. The business agency expects the short-term acetone market range to be sorted and operated, and the reference price negotiated in East China is 5150-5200 yuan / ton.

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Raw materials stop falling and DBP prices want to rise this week

DBP prices stopped falling and rose this week

 

According to the data monitoring of business agency, the price of DBP stopped falling and rose this week, and the DBP market recovered. As of December 21, the price of DBP was 8983.33 yuan / ton, up 2.28% from 8783.33 yuan / ton on December 13; This week, DBP stopped falling and rose, and the DBP market recovered.

 

PVA 1799 (PVA BF17)

Positive butanol surged this week

 

According to the price monitoring of business society, the price of n-butanol stopped rising this week. On December 21, the price of n-butanol was 7900 yuan / ton, up 5.33% from 7500 yuan / ton on December 13. The price of n-butanol increased, the price of raw materials increased, the cost support increased, the downward pressure on DBP weakened, and the upward momentum increased.

 

Phthalic anhydride prices hit bottom and rebounded

 

According to the price monitoring of business society, the price of phthalic anhydride stopped falling and rebounded this week, the price of phthalic anhydride fluctuated and rose, and the phthalic anhydride market recovered. The phthalic anhydride market recovered, the cost of DBP rose, the downward pressure of DBP weakened, and the upward momentum increased.

 

PVA

PVC fell slightly this week

 

According to the price monitoring of business society, PVC prices fell slightly this week. PVC market continues to be in a weak consolidation pattern. PVC disk is weak and the spot market is cold. The insufficient demand for plasticizer weakened the positive and negative effects on DBP market.

 

Future expectations

 

According to DBP data analysts of business agency, the price of phthalic anhydride, the raw material of DBP, rebounded this week, the price of n-butanol stopped falling and rose, and the cost of DBP rose; In terms of demand, in the traditional off-season of plasticizer, the PVC market fell, and the demand for plasticizer was general. Generally speaking, the demand for DBP is cold, the cost rises, the rising power of DBP increases, and the downward pressure remains. It is expected that the price of DBP will rise in the future.

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The price of polyaluminium chloride increased slightly in the first and middle of December

According to the monitoring data, the commodity index of polyaluminium chloride on December 20 was 128.92, an increase of 1.22 points compared with yesterday, a decrease of 9.62% compared with the highest point of 142.64 points in the cycle (2021-11-01), and an increase of 52.89% compared with the lowest point of 84.32 points on August 18, 2020. (Note: the cycle refers to the period from April 1, 2019 to now)

 

PVA 1799 (PVA BF17)

As shown in the figure, according to the monitoring data of business society, the market of polyaluminum chloride continued to adjust slightly in the first and middle of December: the domestic mainstream quotation of solid (industrial grade, content ≥ 28%) polyaluminum chloride on the 1st was 2356.25 yuan / ton, and the mainstream quotation on the 10th was about 2385 yuan / ton, an increase of 1.22%. The recent reduction of raw material costs and the requirements of environmental protection and dual control in many provinces have a certain impact on manufacturers’ production, thus affecting market supply and demand.

 

Industrial chain: in terms of upstream raw materials, the monitoring data of hydrochloric acid: business society showed that the domestic hydrochloric acid market price continued to fluctuate from December 1 to 20, like a “U” shape: 324 yuan / ton on the 1st and 326 yuan / ton on the 20th, an increase of 0.62%; During the period, the highest price was 326 yuan / ton on the 20th and the lowest price was 296 yuan / ton on the 17th-19th, with an amplitude of 10.14%. The market of upstream liquid chlorine has fallen recently, the cost support is general, the market of downstream polyaluminium chloride and ammonium chloride has declined slightly, and the willingness to purchase downstream has weakened. Business analysts believe that hydrochloric acid has mainly suffered a slight shock and decline recently.

 

PVA

LNG is used in the production process. According to the monitoring data of business agency, the price of domestic liquefied natural gas fluctuated all the way in the first and middle of December: the average price of domestic liquefied natural gas on the 1st was 6773.33 yuan / ton, and the average price of domestic liquefied natural gas on the 20th was 4440 yuan / ton, a sharp drop of 34.45%, and the focus shifted down sharply. The LNG analyst of business society believes that at present, there is still no obvious improvement in demand, the market continues to be sluggish in the peak season, and there is a certain pressure on shipment in some regions or affected by public health events. It is expected that domestic LNG is still expected to decline in the short term.

 

As for the future market, the raw material support is insufficient, the downstream demand is general, and the current polyaluminium chloride market fluctuates slightly; Under the policy of environmental protection and regional dual control in winter, the manufacturer’s production is limited, the market generally predicts that the demand is sluggish and the transaction is general. At present, the price mainly fluctuates slightly.

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Refrigerant prices continued to fall this week (12.13-12.17)

1、 Price trend

 

PVA 1799 (PVA BF17)

According to the bulk data monitoring of business society, as of December 17, the average price of refrigerant R22 was 18000 yuan / ton, down 1000 yuan / ton compared with 19000 yuan / ton at the beginning of the week, down 5.26% during the week and up 25.58% compared with the same period last year

 

According to the bulk data monitoring of business society, as of December 17, the average price of refrigerant R134a was 32333.33 yuan / ton, down 333 yuan / ton compared with 32666.67 yuan / ton at the beginning of the week, down 1.02% during the week and up 92.08% compared with the same period last year.

 

2、 Market analysis

 

The refrigerant R22 market continued to decline this week. The price of raw hydrofluoric acid was weakly stable to about 12000 and chloroform was about 35000. There was still support on the cost side, but it weakened, and the demand side continued to weaken. At the end of the year, the downstream stock mood was negative, the holders had insufficient intention to store goods, the market trading was light, the operators’ mentality was pessimistic, and the price was as low as about 15000. As of the weekend, the R22 market quotation was mostly in the range of 15500-17500 yuan / ton, about 17000-17500 yuan / ton in Shandong, about 15500-17000 yuan / ton in Zhejiang, about 16000-16500 yuan / ton in Hunan and about 17000-17500 yuan / ton in Guangzhou. Prices continued to decline everywhere.

 

PVA

The refrigerant R134a market continued to decline this week, falling below 30000 yuan. The market high-end price gradually decreased, and the trend is gone. Recently, the price of raw material hydrofluoric acid has been weakly stable to about 12000, and there is still support on the cost side, but the demand expectation of the automobile market is not high, the enterprise shipment is not smooth, and the inventory is accumulated to a certain extent. The offer of the cargo holder is lowered, bearish on the future market, and Dongyue closed the offer within the week. As of the weekend, the market quotation of R134a is in the range of 29000-36000 yuan / ton, and the quotation in Zhejiang is about 29000-32000 yuan / ton, The quotation in Hunan is about 31000-32000 yuan / ton, that in Jiangsu is about 36000 yuan / ton, and that in Guangzhou is about 30000 yuan / ton. Prices in various places continue to fall.

 

In terms of raw materials, on December 17, the price trend of domestic hydrofluoric acid market was temporarily stable, the operation of on-site devices was stable, the supply of goods was normal, the market price trend of anhydrous hydrofluoric acid declined, and the recent rise of fluorite price had a certain supporting impact on the hydrofluoric acid Market, but the operating rate of downstream refrigerant industry was still at a low level, and the actual demand was at a low level, With regard to the Limited procurement of hydrofluoric acid and the recent decline of refrigerant market, it is expected that the market price of hydrofluoric acid may remain low.

 

Business community refrigerant analysts believe that the current demand boost is insufficient, the intention to prepare goods at the end of the year is not strong, the enterprise shipment is not smooth, the price is under pressure, and the operators are mostly bearish about the future market. R22 and R134a are expected to continue to decline in the short term.

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