Price Trend

Domestic aggregated MDI market is mainly stable. According to the sample data monitored by business associations, the average market price of aggregated MDI at the beginning of this weekend was 12 350 yuan/ton, which was 35.45% lower than that of the same period last year.

II. Market Analysis

Product: This week, the market price of aggregated MDI is stable, and inquiries are just needed. This week’s supply side: Cosmic announced this week’s guidance price of 12,500 yuan/ton, mainly stable; East Cao Ruian this week’s guidance price has not yet been announced, it is known that the supply is relatively tight. Shanghai Basf distillation plant stopped on July 16 for about 7-10 days, with slow delivery. Yantai Wanhua 600,000 tons/year plant has been restarted around July 15. Demand side this week: Influenced by market information from suppliers, there are many inquiries, but the actual quantity of goods still maintains just demand, rational purchasing. Influenced by environmental protection, the overall start-up rate is not high. Later, with the arrival of gold, silver and silver, the demand side may be better. Traders this week: Affected by the slow delivery of manufacturer’s goods, the shortage of goods on hand, along with the market to sell mainly, the actual focus of negotiations moved upward, and the quotation gradually increased. As manufacturers reduce their supply, the supply of MDI series products on the market is on the tight side, and prices are rising. However, demand-side support is insufficient, short-term prices are slightly deadlocked, and transactions are still acceptable.

On the market side, as of Friday (7.19), the aggregated MDI market in North China was on the strong side. Near the weekend, the holder is reluctant to sell mainly, the quotation is stable, just need to close the deal, wait and see next week manufacturers guide prices. The aggregate MDI market in eastern China is on the strong side. There is not a lot of goods in the market, the holders are reluctant to sell, the focus of negotiation price is shifted upward, and the downstream just needs a small order to take goods. The market price of aggregated MDI in South China is on the strong side. The overall inquiry atmosphere of the market is still acceptable, the supply of goods in the market is slightly tense, the quotation of the holder is stable and up-looking, more wait-and-see mood, and the expected price rise in the future market is not enough.

Industry chain: raw materials, pure benzene: This week, the price of pure benzene soared and fell. At the beginning of the week, the inventory of East China Port continued to drop to about 170,000 tons. On the external market, the supply of the United States continues to be tight, and the operators believe that the arbitrage window between the United States and South Korea will be open for a long time. The decline of domestic stock and the high level of external market jointly led to the increase of domestic pure benzene quotation to 5600 yuan/ton, which is almost the same as FOB Korea price. However, the domestic downstream has little profit except styrene, strong resistance to high-priced pure benzene, and high selling price is difficult to respond to. Aniline: Within a week, the aniline Market rose. In the North China market, the average tender price of pure benzene for Shandong’s main aniline enterprises increased 300 yuan/ton compared with last week. Aniline profit loss is serious, cost pressures are high; and Jinling Dawang Dongying reduces the burden, reduces the market supply, and slowly reduces the enterprise inventory trend, the price rises.

3. Future Market Forecast

Business Cooperative Viewpoint: With manufacturers reducing supply, the supply of MDI series products on the market is on the tight side, and prices are rising. However, demand-side support is insufficient, short-term prices are slightly deadlocked, and transactions are still acceptable. The aggregate MDI price has increased slightly, and the trading focus has also moved up. The aggregate MDI analysts of business associations expect that the aggregate MDI market price will continue to rise steadily next week.

According to statistics, domestic hydrofluoric acid prices rose this week, the price at the end of the weekend was 12080 yuan/ton, which was the same as the price at the beginning of the week, up 6.28% year-on-year.

Products: This week’s price trend of hydrofluoric acid is temporarily stable, enterprises reflect that the supply of hydrofluoric acid spot supply is normal, the recent market situation is general, some enterprises have a low start-up rate of hydrofluoric acid plant, the price trend is stable, the recent start-up rate of hydrofluoric acid plant is general, the supply of hydrofluoric acid in the field is normal, the current southern region is hydrofluoric acid. The mainstream of the negotiations is 12000-12500 yuan/ton, and the price of hydrofluoric acid in the northern market is 11500-12500 yuan/ton. Recently, the domestic hydrofluoric acid market price shocks, but the recent downstream refrigerant industry equipment start-up rate remains low, hydrofluoric acid manufacturers supply is tight, the market price trend is temporarily stable. By the end of the weekend, the mainstream of domestic negotiations on hydrofluoric acid in Fujian was about 11500-12000 yuan/ton, the price of hydrofluoric acid in Shandong was 12000 yuan/ton, the price of hydrofluoric acid in Jiangxi was 12000-12500 yuan/ton, the price of hydrofluoric acid in Inner Mongolia was 11500-12000 yuan/ton, and the price trend of hydrofluoric acid market was temporarily stable.

Industry chain: The price trend of fluorite in the upstream of hydrofluoric acid is stable this week. The price of fluorite is 3150 yuan/ton by the end of the weekend. The fluorite trend is stable this week. The recent fluorite plant start-up has not changed much. On the whole, the supply of fluorite is normal, the price trend of fluorite is stable, and the high price of raw materials in the upstream brings a certain degree to the hydrofluoric acid market. The market price of hydrofluoric acid remained stable. Recent downstream refrigerant product installations started at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, the price of hydrofluoric acid products rose slightly. Recent downstream refrigerant market trading market is general, R22 refrigerant plant surface start at 60%, R22 market device start rate is temporarily stable, the main production enterprise bulk water factory offer price is between 18,000-18,500 yuan/ton, but the production enterprise does not have bulk water spot, mainly a small number of cylinders shipped. In addition, the actual demand side of the market has not changed much, and the shipping market trend is general. Domestic market price trend of R134a shocks, production enterprises equipment start-up rate remains low, refrigerant market demand is general, manufacturers mainly export. However, the on-site transaction price does not change much, and the upstream market demand for hydrofluoric acid does not change much. Aluminum fluoride prices of downstream products have increased slightly in recent years, with a weekend price of 10,100 yuan/ton. The price trend has increased slightly. Recently, the market for hydrofluoric acid is generally in the market, and the price trend of hydrofluoric acid is stable.

Industry: This week, the spot supply of raw materials fluorite and hydrofluoric acid in the upstream market is normal, and the refrigerant trade in the downstream market is normal. The price trend of hydrofluoric acid market is temporarily stable.

Recent domestic refrigerant plant start-up rate is normal, the market demand for hydrofluoric acid is general, the spot supply of hydrofluoric acid is normal, and the price trend of raw materials market is temporarily stable. Chen Ling, an analyst of hydrofluoric acid business association, believes that the market price of hydrofluoric acid will remain volatile next week, and the price of hydrofluoric acid will be about 12,100 yuan/ton.

I. Market Review

According to statistics, the domestic fluorite market price trend rose this week, the weekend price was 3150 yuan/ton, which was 1.20% higher than that of 3112.5 yuan/ton at the beginning of the week and 17.54% higher than that of the previous year. Recently, the fluorite price trend has increased slightly.

II. Market Analysis

Domestic fluorite prices have risen slightly this week, and the start-up rate of fluorite plants has not changed much, but downstream demand has improved. The spot supply of fluorite is tight. The price of 97 fluorite wet powder in Inner Mongolia is 2900-3100 yuan/ton by the end of the weekend. The mainstream of 97 fluorite wet powder negotiations in Fujian is 3000-3300 yuan/ton, and 97 fluorite in Henan is 97 yuan/ton. The price of stone wet powder is 3000-3300 yuan/ton, and 97 fluorite wet powder in Jiangxi is 3000-3300 yuan/ton. The price trend of fluorite is rising slightly. Fluorite field started to maintain a normal level, recent downstream demand has improved, but the site reflects a tight spot, affected by many factors, fluorite prices rose slightly.

Industry chain: The price of hydrofluoric acid in the downstream fluorite market rose slightly this week. The price of hydrofluoric acid at the end of the weekend was 12080 yuan/ton. This week’s increase was 0.08%. The price of hydrofluoric acid in the downstream market was a good influence of the fluorite market, and the price trend of fluorite rose. Recent downstream refrigerant trading market is general, downstream refrigerant product plant operating rate is not ideal, upstream fluorite and hydrofluoric acid demand is general, refrigerant market trading market is cold, R22 refrigerant plant surface operating situation is not high, R22 market device operating rate is low, the main production enterprise bulk water factory offer price is 18,000-18,500 yuan. / Between tons, but the production enterprises do not have bulk water spot, mainly a small number of cylinders shipped. In addition, the actual demand side of the market is low, and the shipping market trend is poor. The domestic market price of R134a has slightly declined, the start-up rate of production enterprises has not changed much, the market demand for refrigerants has weakened, and manufacturers mainly export their products. However, the on-site transaction price does not change much. Businessmen purchase on demand. Recently, due to the general downstream start-up, the market demand for hydrofluoric acid in the upstream has improved, and the price of fluorite market has risen.

Industry: This week, the upstream fluorite industry started to work normally, the price of hydrofluoric acid rose slightly, the spot supply of fluorite products was tight, and the price trend of fluorite market was rising.

3. Future Market Forecast

In the future, the domestic fluorite plant started to work normally in the near future, the market price of the downstream hydrofluoric acid industry rose slightly, and the market of the downstream refrigeration industry improved slightly. Chen Ling, a fluorite analyst from business associations, believes that the fluorite factory reflects the shortage of supply and expects that the price will remain volatile in the later stage, and the price may be 3100-3200 yuan/ton.

According to a large number of data monitored by business associations, the dichloromethane market in Shandong Province has been running steadily this week, and the average price of dichloromethane remained at 3100 yuan/ton within the week.

quotations analysis

Products: This week, the domestic dichloromethane market overall performance is stable, supply and demand are balanced, enterprise shipments are still acceptable, downstream refrigerant market weakening to support the dichloromethane market is insufficient. At present, the quotation of bulk water remittance in Shandong is around 3100 yuan/ton, 3500-3700 yuan/ton in Jiangsu, 3200 yuan/ton in Zhejiang and 3450 yuan/ton in Jiangxi. In terms of start-up, at present, Jinling Chemical Plant is working normally; Dongying Jinmao Stop Overhaul; Luxi Chemical Plant is 60%; Jiangsu Science and Culture Plant is working normally; Jiangxi Science and Culture Plant is running normally, etc.

Industry chain: Upstream, this week’s natural gas market weakened, the overall contradiction between supply and demand is prominent, the average price at the beginning of the week is 3276 yuan/ton, the average price at the end of the week is 3176 yuan/ton, the overall decline is 3.05%. The overall performance of the liquid chlorine market is still acceptable, and some enterprises’overhaul leads to a steady upward price, currently enterprises report 500-700 yuan/ton. Domestic R410a market is declining, air conditioning market demand is insufficient to support, at present more than 28000-30000 yuan/ton, medicine and film industry demand is stable.

Future Market Forecast

Business Club methane chloride data analysts believe that the overall supply and demand balance of the dichloromethane market, downstream demand for dichloromethane price support is insufficient, anticipated in the near future, dichloromethane market is weak downward, future market needs to pay attention to Jinmao maintenance situation in Shandong.

Price data

According to the data of business associations, the price of domestic sulphur market has been declining this week. At the beginning of this week, the average price of granular sulphur is about 963.33 yuan/ton. At the end of this week, the average price of granular sulphur is 943.33 yuan/ton. The price of granular sulphur dropped by 2.08% in the week and 13.10% year-on-year.

II. Market Analysis

Products: This week, the domestic sulphur market continued to be weak, prices declined, downstream demand performance was weak, there was a lack of information support in the field, refineries in various regions in the week fell appropriately according to their own conditions, the decline was 30-60 yuan/ton. As of the 12th, the mainstream price of solid sulfur in Shandong area of Sinopec is around 980-1000 yuan/ton, and that of liquid sulfur is 800-850 yuan/ton. The mainstream price of solid sulfur in North China is 700-850 yuan/ton and that of liquid sulfur is 740-830 yuan/ton. The mainstream price of solid sulfur in East China is 840-940 yuan/ton and that of liquid sulfur is 740-830 yuan/ton. The mainstream price is 840-890 yuan/ton.

Industry chain: The price trend of sulphuric acid Market in the lower reaches of this week continues to rise, with partial flexibility rising and falling. On the 12th, the main distribution price of sulphuric acid in Shandong rose slightly: Heze Jiangyuan quoted 220 yuan/ton with a slight increase of 20 yuan/ton; Jinan Yuanfei quoted 450 yuan/ton with a temporary stabilization; Zouping Tianlu quoted 150 yuan/ton with a temporary stabilization; Dezhou Meihua quoted 100 yuan/ton with a temporary stabilization. The sulphuric acid market is stable, the market demand is still acceptable, and the merchants are more wait-and-see mentality.

3. Future Market Forecast

Business sulfur analysts believe that the current trend of sulfur is still weak, demand performance is sluggish, on-site wait-and-see atmosphere is strong, and short-term sulfur market consolidation is expected to shake.

Price Trend

The domestic butadiene market was tidied up slightly this week. Business Association monitoring showed that the domestic butadiene market price at the beginning of the week was 8401 yuan/ton, and the domestic butadiene price at the weekend was 8423 yuan/ton. Within the week, the price rose by 0.26%, which was 23.43% lower than the same period last year.

II. Analysis of Influencing Factors

Product: This week, the domestic butadiene market was slightly tidied up. Sinopec’s price was 8600-8800 yuan/ton, and Liaotong Chemical’s bottom price was stable at 8010 yuan/ton. Due to Jinzhou Petrochemical cis-butadiene rubber plant is scheduled to restart in July next month, Fushun Petrochemical Butadiene Intersupply Plan increment, temporarily no export; coupled with Liaoyang Petrochemical and Puyang Bluestar plant parking, the market supply side is slightly supported. However, in the week, a small supply of private manufacturers in Jiutai, Inner Mongolia and Shandong Province supplemented the market, coupled with the weak downstream synthetic rubber market, which brought a certain drag on the butadiene market, and the market fundamentals showed a stalemate. Although the market just needs to be boosted in stages, most businesses are cautious in view of the weakness of downstream rubber. In terms of price, the delivery price of high-grade products in Shandong is 8600 yuan/ton, while the reference price in East China is 8850 yuan/ton, which is about 50 yuan/ton higher than that in the previous year.

Industry chain: downstream synthetic rubber, styrene-butadiene rubber, this week, the domestic dry rubber factory price of styrene-butadiene rubber fell, rosin styrene-butadiene 1502 fell 200 yuan/ton to 10,000-10,100 yuan/ton; oil-filled styrene-butadiene 1712 price stabilized at 9050-9250 yuan/ton; market price narrowly adjusted, Qilu 1502E quoted near 10,200 yuan/ton, holding over the previous period. Steady; Qilu 1712 quoted 9250-9300 yuan/ton; 50 yuan/ton higher than last week. Cis-butadiene rubber, this week, domestic high cis-butadiene mainstream factory supply price in the range of 10,320-10,500 yuan/ton, mainstream decline of 350-400 yuan/ton; domestic cis-butadiene market mainstream offer price fell 300-400 yuan/ton to 10,400-10,800 yuan/ton range. SBS: Domestic SBS market oil glue low finishing, dry rubber road to small finishing.

3. Future Market Forecast

On the positive side, there is no pressure on domestic manufacturers’inventory, Sinopec’s internal supply is tight, and the export volume of Northeast supply is shrinking. On the negative side, the market of synthetic rubber is weak, some manufacturers’cost is under pressure and load is reduced; Liaoyang Petrochemical Company and Puyang Blue Star Unit are expected to restart; Inner Mongolia Jiutai Source is exported. In recent years, the inventory of Sinopec and East China tank farm has declined to some extent. In addition, some export enterprises have stopped installations and the supply side of the market has been slightly supported. However, the downstream rubber industry’s profit pressure dragging rate has declined, the demand side is difficult to significantly boost, and the market supply and demand is relatively rigid. If the supply of Northeast China continues to shrink in the next cycle, the market is expected to strengthen slightly under the support of the North, but in view of the weak performance of the downstream industry and the arrival of cargo around mid-month, the upward pressure of butadiene market is still obvious. Business community butadiene analysts expect that the domestic butadiene market will be tidied up slightly next week. Mainly, it is suggested that attention should be paid to changes in the supply side of the market.

Price Trend

According to the data from a large list of business associations, the domestic adipic acid market remained stable this week compared with last week, and dealers’quotations maintained the previous price, up or down by 0% as a whole. By the end of the weekend, the quotation is generally between 8100 and 8200 yuan/ton.

II. Analytical Review

This week, the adipic acid market has stabilized. The market has experienced a small rebound in late June. At present, the market is weak, the market atmosphere is slightly cold, distributors are active in delivering goods. The adipic acid market has risen and fallen within 100 yuan, and the market remains weak and volatile. At present, the downstream market has a heavy wait-and-see mentality and slightly rigid turnover. Hold, the merchant saves the profit space. Social inventories are still under pressure, with shipments slightly lower than last week.

On the supply side, the supply pressure is still in place. Many distributors say that the stock pressure is high, the start-up rate of the plant is high, and the inventory of the manufacturer also shows some pressure. This week, the distributors take goods one after another. At present, the market is still mainly de-stocked. Therefore, the market is flooded with low-price goods, and the overall supply pressure of the market is high, leading to distribution. Businessmen have a strong willingness to reduce prices to inventory, so there is room for profit. Market price quotation and actual transaction still have price difference. The quotations of distributors in North China, East China and South China have been adjusted to varying degrees. Most of the districts remain weak.

In terms of demand, the downstream demand lacks substantial improvement and the downstream start-up rate is still slightly inadequate. The start-up rate is about 50%. It has not effectively boosted the upstream adipic acid. The market is still in the depot cycle. In addition, the cost side also makes adipic acid show some pressure. The upstream pure benzene price continues to hover at a low level. According to the monitoring of business associations, the reference price of East China market is about 8000-8200 yuan/ton, and the price of South China is generally between 8100-8300 yuan/ton.

3. Future Market Forecast

The analysts of adipic acid in the chemical branch of business association believe that the price is relatively stable at present, adipic acid is still in excess supply and the market is mainly de-stocked. Therefore, Business Association believes that adipic acid market is difficult to get out of the watershed in the short term, or maintain a weak market in the near future.

I.Price Trend

According to the data of business associations, the market price of aniline in Shandong and Nanjing increased slightly in mid-June. The adjusted price was about 100 yuan/ton, and the adjusted price was about 5700-6050 yuan/ton. At the beginning of this month, the price of aniline ranged from 5600 to 5950 yuan/ton. At the end of this month, the price of aniline ranged from 5700 to 6050 yuan/ton, with a monthly increase of 1.75%. The highest price of this month appeared from June 13 to 30.

II. Analytical Review

1. Raw materials: This month, the price of pure benzene has been adjusted four times, all of which are up-regulated. At the beginning of this month, the price of pure benzene was around 4300-4500 yuan/ton. At the end of this month, the price of pure benzene was 4632-4850 yuan/ton, with a monthly increase of 7.8%. The highest price of this month appeared on June 26-28. In the first ten days of this month, pure benzene continued its stable form last month and maintained its stable price basically. Starting in the middle of this month, stimulated by the rising price of downstream styrene and the decline of port inventory, the price has risen many times, reaching its highest level this month on the 26th.

2. Products: The two price adjustments of aniline this month are all influenced by the negative factors of the rising cost surface pressure. However, the downstream demand for aniline has been low, which limits the price of aniline to continue to rise.

3. Downstream: Downstream MDI showed a downward trend this month, falling by 9.72%, limiting the rise of aniline prices.

III. Future Market Forecast

1. Raw materials: At present, the listed price of Sinopec has risen to 4850 yuan/ton. Considering the price difference between inside and outside, there is no downside risk. Therefore, the domestic spot market resource prices have strong support in the short term.

2. Domestic market: Aniline plant will be re-produced one after another, and the supply will increase, but the overall start-up rate will not be too high because of seasonal factors. Moreover, the pressure on the cost side has always existed and will not change much in the short term.

Taking into account, aniline may rise steadily or slightly in the near future.

Price Trend

According to the data of business associations, the average price of n-butanol as of June 21 was 5933.33 yuan/ton (including tax), which was 2.30% higher than June 14. At present, the mainstream price of n-butanol in China is about 5900-6200 yuan/ton.

II. Market Analysis

Product: This week, the market price of n-butanol is rising steadily and moderately. Stimulated by macro-economic benefits, the increase is more obvious. Based on the characteristics of downstream replenishment, there is still the possibility of price increase in the follow-up, but the willingness to catch up is not clear yet.

Industry chain: Propylene prices of upstream products have risen as a whole this week, while supply and demand of downstream products have been balanced and replenished on demand.

3. Future Market Forecast

Forecast: The n-butanol market will continue to be stable in the short term.

Price Trend

According to the monitoring data of business associations, the price of domestic chlorinated paraffin 52 market rose this week. At the beginning of the week, the average price of domestic chlorinated paraffin 52 first-class products was 4966 yuan/ton, while the average price of domestic chlorinated paraffin 52 first-class products was 5033 yuan/ton at the weekend, which was higher than last week.

II. Market Analysis

Products: This week, domestic chlorinated paraffin 52 market prices rose. At present, the quotation of the first-class chlorinated paraffin 52 in Shaanxi is 4800-5200 yuan/ton, that of the second-class chlorinated paraffin 52 in Northeast China is 4700-5100 yuan/ton, that of the second-class chlorinated paraffin 52 in Anhui is 5000-5300 yuan/ton, and that of the second-class chlorinated paraffin 52 in Shandong is 4400-4800 yuan/ton.

International crude oil: It is reported that two oil tankers were attacked in the Gulf of Oman, the geographic situation suddenly tense, supply contraction is expected to increase, and OPEC is expected to continue to reduce production to the second half of the year, international oil prices rebounded strongly. WTI52.28 rose $1.14 per barrel and Brent 61.31 rose $1.34 per barrel. China’s main SC crude oil futures fell 5.3 to 422 yuan per barrel in 1907.

Industry chain: The current overall market trading atmosphere is general, and demand is weak. Upstream raw material liquid wax prices rose slightly, liquid chlorine market prices decreased, the market is wait-and-see attitude.

3. Future Market Forecast

According to the analyst of chlorinated paraffin, the domestic market has limited demand for chlorinated paraffin, and the price of chlorinated paraffin is expected to remain stable in the later period.