1、 Price trend

2、 Market analysis

According to the data of business agency, the domestic potassium sulfate Market was weak and stable in the first half of December, and the spot price was sideways. As of December 16, the average price of domestic potassium sulfate 50 particle sample was 4133.33 yuan / ton, up or down 0% compared with the average price at the beginning of the month.

Recently, the domestic potash fertilizer market is stable and weak, and the market momentum is insufficient. The operating rate of processing potassium sulfate enterprises continued to be low, and the domestic operating rate was below 50%. The spot supply of potassium sulfate remained slightly tight, and the status of supply formed a certain support for the spot price, but the on-site demand follow-up lagged behind. Merchants reflected that the shipping resistance increased and the offer was weak and stable. Smooth operation of upstream potassium chloride. At present, the ex factory reference price of 52% potassium sulfate powder of Shijiazhuang hehe Chemical Co., Ltd. is reported as 4300 yuan / ton. The factory reference price of Shijiazhuang Haofang 50% potassium sulfate powder is quoted as 4200 yuan / ton.

3、 Future forecast

The potassium sulfate analyst of business agency believes that the domestic potassium sulfate Market was weak and stable in the first half of December, and the potassium chloride market was sideways. At present, the cost side of domestic potassium sulfate supports the horizontal market, the shipment at the supply side is insufficient, and the follow-up at the demand side is also insufficient. The supply and demand in the field are weak. It is expected that the domestic potassium sulfate price may remain stable and weak in the near future.

According to the monitoring data of business society, since December, the price of hydrogen peroxide has continued to decline, and the price has fallen for nearly half a month, with a decline of nearly 10%. On December 1, the average price of hydrogen peroxide market was 960 yuan / ton. On December 15, the average price of hydrogen peroxide market was 836 yuan / ton, with a decrease of 12.85%.

According to the weekly rise and fall chart of hydrogen peroxide of business society from September 20, 2021 to December 12, 2021, it can be seen that since September, the hydrogen peroxide market has warmed up and opened the road of rise, with an increase of 3.94% in the current month. After 11, hydrogen peroxide ushered in a sharp rise, rising continuously until October 19. Long and short game, the hydrogen peroxide market rose sharply and fell sharply after that. Throughout October, hydrogen peroxide rose 39.01%. At the beginning of November, hydrogen peroxide still maintained a downward trend, and the price fell for three consecutive weeks. In the whole November, hydrogen peroxide fell 13.55%. Hydrogen peroxide still fell in December. As of December 14, the overall decline was more than 12%.

Bad leading hydrogen peroxide fell endlessly

Since December, the terminal demand has been poor, and the hydrogen peroxide market continues to decline weakly. It has been falling for nearly half a month, falling to nearly 10% on the 15th. At the beginning of this month, Shanying, nine dragons and other paper mills announced the price increase of base paper, and the price of paperboard in many places increased by 3% – 5%. However, due to weak market demand and sufficient inventory of paper mills, the price of corrugated paper quickly weakened. The demand for hydrogen peroxide purchased by terminal paper, printing and other industries is general. Hydrogen peroxide manufacturers have loose supply, lack of confidence in price support, and the market continues to weaken.

On December 15, the price of hydrogen peroxide in some regions was as follows:

The quotation of hydrogen peroxide of Luxi Chemical is 730 yuan / ton, which is 150 yuan / ton lower than that in early December; Hebei Zhengyuan hydrogen peroxide quoted 830 yuan / ton, down 120 yuan / ton from the beginning of December; The quotation of hydrogen peroxide of Anhui Quansheng chemical is 980 yuan / ton, which is 50 yuan / ton lower than that in early December.

Li Bing, hydrogen peroxide analyst of business society, believes that the demand of terminal paper industry and printing industry is still general in the short term, and the future market of hydrogen peroxide will still be dominated by weak consolidation.

According to the price monitoring of business agency, the price trend of sulfur (granular sulfur) in East China decreased this week. On December 10, the quotation of sulfur was 1933.33 yuan / ton. Compared with the price of 2000.00 yuan / ton at the beginning of the week, it decreased by 3.33% during the week and 8.08% month on month.

The domestic sulfur market is weak and downward, the refinery prices in various regions are reduced simultaneously during the week, the downstream demand is weak, the enterprise shipments are general, and the on-site mentality is stalemate. The refinery prices in various regions are adjusted according to their own shipments during the week, the liquid sulfur in East China is reduced by 80-100 yuan / ton, and the mainstream price is 1930-1990 yuan / ton; Liquid sulfur in North China will be reduced by 40-60 yuan / ton, and the mainstream price will be 1610-1810 yuan / ton; Liquid sulfur in Shandong will be reduced by 50-70 yuan / ton, and the mainstream price will be 1780-1830 yuan / ton. As of December 10, the regional prices of sulfur (particles) in China are as follows:

region varieties December 4th December 10th Rise and fall

East China Sulfur (particle) 1940-2020 yuan / ton 1890-1940 yuan / ton – 50/-80

North China Sulfur (particle) 1750-1910 yuan / ton 1690-1870 yuan / ton – 60/-40

Shandong region Sulfur (particle) 1990 yuan / ton 1930 yuan / ton – sixty

The downstream phosphate fertilizer market is weak, the progress of fertilizer storage in winter is slow, the domestic market demand is weak, the transaction of new orders in the field is general, and the overall market is weak. On Monday, the ammonium market continued to be weak, the price fell by 0.52% during the week, the downstream demand was weak, the manufacturer’s order transaction was not smooth, and the transaction focus continued to move downward. The market price of diammonium was stable in the week, the market was in the off-season, the terminal demand was poor, the enterprises sold according to the order, and the market was mainly on the sidelines. In terms of supply and demand performance, ammonium phosphate Market is waiting and finishing operation.

According to the sulfur analyst of business society, the domestic refinery has sufficient inventory, weak downstream demand, weak phosphate fertilizer market and insufficient support for sulfur by terminal consumption. It is expected that the sulfur market will be sorted out in the future and pay attention to the market follow-up.

1、 Price data

As of December 12, the mainstream ex factory average price of domestic ground refined hydrogenated naphtha was 7568.25 yuan / ton, down 1.27% from 7665.75 yuan / ton on December 6. The actual transaction price of ground refined hydrogenated naphtha was about 7600-7800 yuan / ton.

As of December 12, the mainstream ex factory average price of domestic local refining straight run naphtha was 7152.50 yuan / ton, up 0.35% from 7127.50 yuan / ton on December 6. The actual transaction price of local refining straight run naphtha was about 7100-7300 yuan / ton.

On December 13, the naphtha commodity index was 92.60, down 0.81 points from yesterday, down 10.39% from the highest point 103.34 in the cycle (2021-10-25), and up 119.22% from the lowest point 42.24 on July 19, 2016. (Note: the period refers to the period from September 1, 2012 to now)

2、 Analysis of influencing factors

This week, the price of refined hydrogenated naphtha fell slightly, the price of straight run naphtha increased first and then decreased, the demand for olefins and aromatics in the terminal was weak, and the transaction was general.

Upstream: international crude oil prices rebounded this week. At the beginning of this week, South Africa reported that the symptoms of local Omicron infection cases were mild. After that, the market was worried about undermining oil demand, and oil prices ushered in a retaliatory rebound. In addition, the Iranian nuclear negotiations are at an impasse, the possibility of Iranian oil returning to the market is reduced, and crude oil is also supported to a certain extent. Second, the US Energy Information Administration (EIA) reported on Wednesday that US crude oil inventories fell slightly last week, which benefited the oil market. OPEC +, an oil producing country, also acts as a ballast. OPEC + decided to continue to release 400000 barrels / day of production capacity as planned at the ministerial meeting on December 2, reflecting the confidence of the alliance led by Saudi Arabia and Russia in the future demand prospects. In addition, the organization of Petroleum Exporting Countries and its allies (OPEC +) control production, it is unlikely that Iranian oil will return to the international market in the near future, the oil market remains in a tight balance, and the oil price is supported.

Downstream: according to the monitoring of business society, toluene fell first and then rose this week. The price was 5810.00 yuan / ton on December 3 and 5800.20 yuan / ton on December 10, down 0.17% from last week. Mixed xylene fell first and then rose this week, slightly higher than last week. The price was 5740.00 yuan / ton on December 3 and 5840.00 yuan / ton on December 10, up 0.17% compared with last week. In the PX market, the market price trend of p-xylene was temporarily stable this week. As of the 12th, the ex factory price of domestic p-xylene was 7300 yuan / ton, unchanged from the beginning of the week.

Industry: according to the price monitoring of the business society, in the list of commodity prices rising and falling in the 49th week of 2021 (12.6-12.10), there are 2 kinds of commodities rising month on month in the energy sector, including 2 kinds of commodities rising by more than 5%, accounting for 12.5% of the monitored commodities in the sector; The top 2 commodities were WTI crude oil (7.06%) and Brent crude oil (6.50%). There are 9 kinds of commodities with a month on month decrease, and 2 kinds of commodities with a decrease of more than 5%, accounting for 12.5% of the monitored commodities in this sector; The products with the top three declines were liquefied natural gas (- 15.97%), dimethyl ether (- 6.32%) and methanol (- 4.39%). The average rise and fall this week was – 1.35%.

3、 Future forecast

Energy analysts of business society believe that the rise of international crude oil and the cost of naphtha market support, but at present, the demand for olefins and aromatics in the terminal is weak, the transaction is general, the downstream procurement is cautious and the wait-and-see mood is strong. It is expected that naphtha refining in the near future may be dominated by weak consolidation.

Plasticizer DOP prices fell slightly this week

According to the data monitoring of business society, DOP prices fell slightly this week, and the overall decline of DOP market slowed down this week. As of December 9, the DOP price was 10550 yuan / ton, down 2.76% from 10850 yuan / ton on December 3 last weekend; DOP market fell slightly, and the decline of DOP slowed down this week.

The price of isooctanol fluctuated and adjusted this week

According to the price monitoring of business agency, the domestic isooctanol market continued its downward trend this week. During the week, the price of isooctanol factory rose and fell inconsistently. On Monday and Tuesday, downstream customers made up stocks on bargain hunting. In addition, the sharp rise in crude oil price boosted the customer’s mentality, and the price of isooctanol rose slightly; After that, the inventory pressure was released, but the buyer carefully purchased the high-end price in the market, the trading volume of new orders in the market decreased one after another, the negotiation of high price spot was deadlocked, the bearish mentality on the floor increased again, and the price of isooctanol fell again in the second half of the week. Downstream customers purchased generally, the transaction of isooctanol was cold, the cost of plasticizer DOP decreased, the upward momentum of DOP weakened, and the downward pressure was large.

Phthalic anhydride prices stopped falling and rebounded this week

According to the price monitoring of business society, the price of phthalic anhydride rebounded this week, the price of phthalic anhydride was flat this week, and the phthalic anhydride market stopped falling and warmed up. The decline of phthalic anhydride market slowed down, the downward pressure of phthalic anhydride weakened, and the downward pressure of DOP weakened.

PVC prices fell slightly this week

According to the price monitoring of business society, the PVC market fell slightly this week, and the PVC price fluctuated and fell this week. PVC disk was weak, futures PVC prices fell, and the spot market was cold. The PVC market fell, weakening the positive and negative effects on the DOP market.

Future expectations

Bai Jiaxin, a DOP data analyst at business agency, believes that this week, the price of DOP raw material phthalic anhydride stopped falling and rebounded, the price of isooctanol rose first and then fell, the cost of DOP fluctuated and fell, and the downward pressure of DOP weakened; The price of PVC fell, the demand for DOP was general, and the purchasing enthusiasm of downstream customers was cold. In general, raw material prices hit the bottom, fluctuated and adjusted, DOP cost pressure weakened, downstream market continued to weaken, DOP demand was cold, DOP prices fluctuated and fell in the future, but the downward trend is expected to slow down.

1、 Price trend:

According to the bulk list data of business society, in early December, the domestic market of PA6 fluctuated and fell, and the spot prices of various brands decreased. As of December 10, the mainstream offer price of 2.75-2.85 of China viscosity by the sample enterprises was about 15500 yuan / ton, with an increase or decrease of – 1.90% compared with the average price at the beginning of the month.

2、 Analysis of influencing factors:

Industrial chain: raw material caprolactam is affected by the decline of pure benzene in the early stage, and the current cost support is insufficient. Some enterprise devices were restarted, and the supply increased. The downstream slice Market is light, and the demand side has not improved. Under the dual pressure of cost and demand, caprolactam is expected to continue its weak downward operation.

The price of upstream caprolactam stabilized after the recent decline, and the cost side support of PA6 is still poor. The overall operating rate of domestic PA6 polymerization plants is more than 60%. Recently, the maintenance of some enterprises is good, and the spot price has warmed up, but the profitability of polymerization plants is still general. In terms of demand, at present, the inventory position of PA6 of downstream users is acceptable, the purchase intention is not high, and there is a lot of wait-and-see atmosphere in the venue.

3、 Future forecast:

Business analysts believe that: PA6 spot price continues to decline, caprolactam begins to stabilize, PA6 cost support is still insufficient, terminal demand is weak, on-site transactions are poor, buyers are mainly in wait-and-see mood, and it is expected that PA6 spot price may still be difficult to rise in the short term

According to the bulk list data of business society, as of December 9, the average quotation price of acrylic acid in East China was 15733.33 yuan / ton, down 7.45% compared with the price at the beginning of the month, down 11.11% compared with the price on November 9, and up 7.76% year-on-year in a three-month cycle.

Recently (12.1-12.9), the acrylic acid market fell. At the beginning of the month, the price of raw propylene was lowered, the cost support was weakened, the inventory of production plants was low, the downstream was mainly purchased on demand, the inquiry and transaction were general, and the market was weak and stable. With the rise of the price of raw propylene, the cost support was improved. However, at present, the market supply is sufficient, the downstream demand follow-up is insufficient, the wait-and-see atmosphere is strong, the inquiry and transaction are depressed, and the market price fell again.

For upstream propylene, the price of propylene in Shandong was temporarily stable on December 8, and the mainstream offer of propylene in Shandong was 7550-7600 yuan / ton. It was repaired after the sharp drop of upstream oil price, providing support for the rise of propylene, but the main downstream polypropylene market continued to fluctuate and weaken, the supply of propylene market was sufficient, the downstream demand was weak, and the contradiction between supply and demand remained..

According to the monitoring data of business society, since November, hydrogen peroxide has opened a falling channel, and the price has been falling endlessly. At the end of November, the hydrogen peroxide market rebounded and continued to decline weakly after rising. Hydrogen peroxide continued to decline in December. On December 8, the price of hydrogen peroxide had fallen to 890 yuan / ton, down 19.58% from the beginning of November.

According to the weekly rise and fall chart of hydrogen peroxide of business society from September 13, 2021 to December 5, 2021, it can be seen that since September, the hydrogen peroxide market has warmed up and opened the road of rise, with an increase of 3.94% in the current month. After 11, hydrogen peroxide ushered in a sharp rise, rising continuously until October 19. Long and short game, the hydrogen peroxide market rose sharply and fell sharply after that. Throughout October, hydrogen peroxide rose 39.01%. At the beginning of November, hydrogen peroxide still maintained a downward trend, and the price fell for three consecutive weeks. In the whole November, hydrogen peroxide fell 13.55%. Hydrogen peroxide still fell in December. As of December 9, the overall decline was 7.29%.

Bad leading hydrogen peroxide fell endlessly

Since November, due to the influence of limited electricity policy, the printing operation rate of hydrogen peroxide terminal paper industry has decreased. In addition, after the e-commerce promotion activities, the corrugated paper inventory of the paper mill began to increase and the shipment speed slowed down, resulting in a decrease in the corrugated paper price. With the elimination of the overall price panic of the carton factory, the price of paperboard procurement has been compared steadily, and the willingness to replenish is not strong temporarily, which also affects the downward trend of corrugated paper price. The demand for hydrogen peroxide decreased, the market transaction became weak, the manufacturers’ willingness to support the price was general, and the price continued to decline weakly. The hydrogen peroxide fell 13.55% in the whole November. Since December, the terminal demand was poor, and the hydrogen peroxide market continued to decline weakly, with an overall decline of more than 7% on the 9th.

On December 9, the price of hydrogen peroxide in some regions was as follows:

The quotation of hydrogen peroxide of Luxi Chemical is 780 yuan / ton, which is 100 yuan / ton lower than that in early December; Hebei Zhengyuan hydrogen peroxide quoted 860 yuan / ton, down 90 yuan / ton from the beginning of December; The quotation of hydrogen peroxide of Anhui Quansheng chemical is 1030 yuan / ton, which is 20 yuan / ton lower than that in early December.

Li Bing, hydrogen peroxide analyst of business society, believes that the terminal paper industry, printing and other industries have entered the off-season, and the demand for hydrogen peroxide is difficult to improve in the short term. It is expected that hydrogen peroxide will still be weak and downward in the future.

Recent price trend of hydrochloric acid

As can be seen from the above figure, the price of domestic hydrochloric acid fell slightly this week, and the quotation fell from 324.00 yuan / ton at the beginning of the week to 320.00 yuan / ton at the end of the week, down 1.23%, up 4.92% year-on-year compared with the same period last year. Overall, the domestic hydrochloric acid market fell slightly this week. On December 5, the commodity index of hydrochloric acid was 84.21, the same as yesterday, down 38.93% from the highest point of 137.89 in the cycle (2021-10-26), and up 368.35% from the lowest point of 17.98 on September 5, 2012. (Note: the period refers to the period from September 1, 2011 to now)

The upstream support is weakened and the downstream procurement is general

From the manufacturer’s quotation, the domestic hydrochloric acid market price fell slightly this week. Dezhou Shihua hydrochloric acid is quoted at 500 yuan / ton this weekend, which is temporarily stable compared with that at the beginning of the week; The price of synthetic hydrochloric acid from Wen Shui is 280 yuan / ton this weekend, which is temporarily stable compared with that at the beginning of the week; Dezhou Maihua hydrochloric acid is quoted at 60 yuan / ton this weekend, which is 20 yuan / ton lower than that at the beginning of the week; Liaocheng Huatong hydrochloric acid is quoted at 160 yuan / ton this weekend, which is temporarily stable compared with that at the beginning of the week; Xiangcheng Sanan hydrochloric acid is quoted at 600 yuan / ton this weekend, which is temporarily stable compared with that at the beginning of the week.

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market fell slightly, weakening the support for hydrochloric acid. The price of downstream polyaluminium chloride decreased slightly, from 2416.25 yuan / ton at the beginning of the week to 2356.25 yuan / ton at the end of the week, a decrease of 2.48%, a year-on-year increase of 33.23% compared with the same period last year; The market price of ammonium chloride decreased slightly, and the quotation decreased from 1185.00 yuan / ton at the beginning of the week to 1170.00 yuan / ton at the end of the week, a decrease of 1.27%. On the whole, upstream and downstream products have a negative impact on the price of hydrochloric acid.

Future forecast

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.

1、 Price trend

The domestic market price of neopentyl glycol fell slightly this week. The quotation in the mainstream market fell from 17000 yuan / ton at the beginning of the week to 15500 yuan / ton at the end of the week, down 1500 yuan / ton.

2、 Market analysis

The quotation of mainstream manufacturers of neopentyl glycol fell this week: the distribution price of Shanghai Qihua Wanhua neopentyl glycol at the weekend was 15500 yuan / ton, which fell by 1500 yuan / ton compared with the beginning of the week; The distribution price of Shanghai Qihua Jihua neopentyl glycol over the weekend was 15500 yuan / ton, which was 1500 yuan / ton lower than that at the beginning of the week; The distribution price of Shanghai Qihua Korea LG neopentyl glycol over the weekend was 16000 yuan / ton, which fell by 1000 yuan / ton compared with the beginning of the week; The distribution price of Shandong Zhiying Wanhua neopentyl glycol at the weekend was 17000 yuan / ton, which was temporarily stable compared with that at the beginning of the week. The weekend distribution price of Shandong Zhiying Jihua neopentyl glycol is 17000 yuan / ton, which is temporarily stable compared with that at the beginning of the week.

From the upstream raw material market of neopentyl glycol, the isobutyraldehyde market fell sharply this week, and the market price fell from 9566.67 yuan / ton last weekend to 7800.00 yuan / ton this weekend, down 18.47%. The market price of upstream raw materials fell sharply, which had a negative impact on the price of neopentyl glycol due to the impact of supply and demand.

3、 Future forecast

In early December, the overall trend of neopentyl glycol market may decline slightly. The upstream isobutyraldehyde market fell sharply, the cost support weakened, the downstream coating market was general, and the downstream procurement enthusiasm was weak. Analysts of neopentyl glycol of business society believe that the short-term neopentyl glycol market may decline slightly under the influence of supply and demand and raw materials.