1、 Price trend

This week, the selling price of sulphuric acid in Shandong is stable temporarily, with the quotation of 437.50 yuan / ton. Overall, sulfuric acid market rose this week, December 11 sulfuric acid commodity index was 68.09.

2、 Market analysis

From the manufacturer’s quotation, the price of mainstream sulfuric acid manufacturers in Shandong this week is temporarily stable, the manufacturers’ inventory is small, and the downstream demand is strong. Heze Jiangyuan quoted 480 yuan / ton at the weekend, which was temporarily stable compared with the beginning of the week; Zouping Tianlu quoted 300 yuan / ton at the weekend, which was temporarily stable compared with the beginning of the week; Jinan Yuanfei quoted 400 yuan / ton, which was temporarily stable compared with the beginning of the week; kunshengda of Taiyuan City quoted 570 yuan / T at the weekend, which was temporarily stable compared with the beginning of the week.

From the perspective of the upstream and downstream industrial chain, the upstream sulfur market has been consolidation at a high level recently, and the cost support is good. However, the market of monoammonium phosphate, diammonium phosphate and bromine in the lower reaches of the market has a positive impact on sulfuric acid. At the same time, some sulfuric acid factories are short of operation recently, the load is reduced, and the supply of sulfuric acid is in short supply.

3、 Future forecast

In the middle of December, the market of sulfuric acid in Shandong Province fluctuated slightly. The price of sulfur in the upstream has been high recently, and the downstream market is good. The purchasing enthusiasm of the downstream for sulfuric acid is normal, and the product trend is upward under the contradiction between supply and demand. The sulfuric acid analysts of the business agency believe that the short-term Shandong market in the supply and demand and raw materials and other aspects of the impact of sulfuric acid market or a small shock rise.

According to the monitoring of the business agency, the price of activated carbon was 9933 yuan / ton at the beginning of this week and 9900 yuan / ton at the end of this week, with the price falling by 0.34%.

The price of activated carbon in China is weak and downward. At present, the ex factory price of activated carbon for coconut shell water purification in East China is 9500-13000 yuan / ton; the atmosphere of activated carbon market is cold and the warehouse out is normal, and the transaction price is mainly through negotiation (the specifications and properties of activated carbon are complex, and the price can not be generalized. Please consult the manufacturer for details).

Activated carbon is rich in raw materials, including coal, sawdust, fruit shell, straw, etc. through a series of processes, activated carbon suitable for water treatment is prepared. At the same time, activated carbon manufacturers are constantly improving the performance of activated carbon, increasing its working capacity, which can effectively adsorb and purify wastewater.

Forecast: in the short term, the price of activated carbon may continue to weaken, and the downstream buyers have a clear wait-and-see atmosphere, and the overall market turnover is weak.

1、 Price trend

This week, the comprehensive price of hydrochloric acid in North China is temporarily stable, with an offer of 310.00 yuan / ton. Overall, the market of hydrochloric acid remained stable this week, and the commodity index of hydrochloric acid on December 4 was 81.58.

2、 Market analysis

From the manufacturer’s quotation, this week’s hydrochloric acid Market manufacturer’s quotation is stable temporarily, the overall market is general. The quotation of Taiyuan kunshengda hydrochloric acid is 480 yuan / T, which is temporarily stable; Dezhou Shihua hydrochloric acid is 650 yuan / T, which is temporarily stable; Wenshui synthetic hydrochloric acid is 220 yuan / T at weekend, which is temporarily stable compared with the beginning of the week; Jinan Yuanfei hydrochloric acid is quoted at 300 yuan / T at weekend, which is temporarily stable compared with the beginning of the week; Dezhou Meihua hydrochloric acid is quoted at 240 yuan / T at weekend, which is temporarily stable compared with the beginning of the week.

From the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market is generally in general, which gives weak support to hydrochloric acid, while the downstream silica market has a downward trend recently, and the market price of ammonium chloride continues to fall, which has a negative impact on hydrochloric acid. The overall hydrochloric acid market this week seems to be stable temporarily, and the difficulty of hydrochloric acid delivery is still a big problem.

3、 Future forecast

The recent market of liquid chlorine in the upstream is general, while the market of silica and ammonium chloride in the downstream is slightly improved. Business agency analysts believe that hydrochloric acid in the near future a small decline in the main.

From November 30 to December 4, 2020, the market price of crude benzol will rise again. The domestic ex factory price will be 2886.25 yuan / ton at the beginning of the week and 3046.25 yuan / ton at the weekend, with a weekly increase of 5.54%.

Summary of Sinopec’s pure benzene price adjustment in December 2020 (unit: yuan / ton)

Date, adjusted price, adjusted amount

December 2, 4300, + 100

December 4, 4400, + 100

In December 2020, Sinopec’s pure benzene price increased twice and decreased once, with a cumulative increase of 200 yuan / ton. As of the 30th, Sinopec’s refineries implemented a unified implementation of 4400 yuan / ton.

This week, the overall start-up of coking enterprises is still relatively high. After the eighth round of rising and landing of coke, the price of coke is temporarily high and stable. With the support of high profits of coking enterprises, enterprises are actively starting and selling well. Under the dual influence of environmental protection and de capacity in Shanxi, Shandong, Hebei, Henan and other regions, the operating rate in some areas has declined. This week, pure benzene continued to make efforts. The sharp rise in the external price of pure benzene in the United States led to a rise in the external price of pure benzene at the end of the last year. The domestic price of pure benzene rose in response to the call, and the price in East China was first raised. North China and other places followed up. Sinopec’s pure benzene price increased by 100 yuan / ton, and the price of 4400 yuan / ton was implemented as of December 4. In terms of operating rate, this week’s operating rate has declined slightly, with the comprehensive operating rate of about 72%. In terms of inventory, the inventory in East China this week decreased slightly compared with last week, and is currently maintained at about 250000 tons. The bidding price of crude benzol in the main production areas rose back this week, and the price in Shandong Province was adjusted back by 280 yuan / ton, and the implementation was about 3110 yuan / ton.

On the downstream side, the recent operating rate of hydrogenated benzene enterprises is stable at about 65%, which is on the rise as a whole. Some enterprises that shut down in the early stage started operation this month and have good demand for crude benzene.

In the future market, the business agency believes that the price support of pure benzene and crude oil is good, the port inventory is slightly reduced, and the external price of pure benzene is still high, which has certain support for the market. Market participants generally look forward to the future market, and the future market focuses on the price trend of pure benzene downstream products and the fluctuation of pure benzene external market.

According to the data monitored by the business agency, as of December 4, the average price quoted by domestic premium DMF enterprises was 8566.67 yuan / ton. This week, the price of domestic DMF market was weak, and the support of downstream demand was weak. Compared with the same period of last month, the price decreased by 13.47% and 3.38% compared with the beginning of the month. The number of new orders was limited, mainly contract orders.

This week, DMF market is in a weak position. The negotiation center is low, the purchasing atmosphere is flat, the shipment volume is slow, the downstream demand is weak, and just needs to take orders. All manufacturers’ device operation is stable, and some manufacturers continue to lower their prices. As of December 4, Luxi Chemical Industry quoted 8200 yuan / T, Zhangqiu Riyue 8500 yuan / T, Hualu Hengsheng 9000 yuan / T, East China market reference price, 8700-8900 yuan / T, South China market The reference price is 9000-9100 yuan / ton, and the upstream methanol is weak, and there is no favorable support condition in the short term.

The upstream methanol is running weakly and stably, and it is mainly purchased on demand, and the transaction atmosphere is general. Due to the influence of winter weather, the freight price is increased, and the profit space is limited. Therefore, the status quo should be maintained in a short period of time.

The chemical index on December 3 was 848 points, down 2 points compared with yesterday, 16.54% lower than 1016 points (2012-03-13), and 41.81% higher than 598 points, the lowest point on April 8, 2020. (Note: period refers to 2011-12-01 to now)

DMF analysts believe that: in the short term, the DMF market runs smoothly and the focus of negotiation is stable. (the above prices are provided by major DMF manufacturers all over the country and analyzed by business DMF analysts for reference only. Please contact relevant manufacturers for more price details.)

According to the data monitoring of business agency, the average ex factory price of LLDPE (7042) in East China was 7750.00 yuan / ton on November 22 and 8266.67 yuan / ton on November 27, up 6.67% during the week and 9.98% higher than that on November 1 at the beginning of the month.

According to the data monitoring of business agency, the average ex factory price of LDPE (2426h) in East China was 11300.00 yuan / ton on November 22 and 12375.00 yuan / ton on November 27, up 9.51% in the week and 18.56% higher than November 1 at the beginning of the month.

According to the data monitoring of the business agency, the average ex factory price of HDPE (5000S) in East China was 8433 yuan / ton on November 22 and 8700.00 yuan / ton on November 27, up 3.16% in the week and 4.40% higher than that on November 1 at the beginning of the month.

Regional variety manufacturers rose and fell from November 22 to November 27

East China LLDPE 7042 Jilin Petrochemical 7650 yuan / T 8200 yuan / T + 550 yuan

East China LLDPE 7042 Daqing Petrochemical 7650 yuan / T 8200 yuan / T + 550 yuan

East China LLDPE 7042 Dushanzi Petrochemical Company 7650 yuan / ton 8200 yuan / ton + 550 yuan

East China LDPE 2426h Daqing Petrochemical 11250 yuan / ton 12300 yuan / ton + 1050 yuan

East China LDPE 2426h Lanzhou Petrochemical 11250 yuan / ton 12300 yuan / ton + 1050 yuan

East China HDPE 5000S Daqing Petrochemical Company 8400 yuan / ton 8700 yuan / ton + 300 yuan

East China HDPE 5000S Lanzhou Petrochemical Company 8400 yuan / ton 8700 yuan / ton + 300 yuan

Near the end of November, the three major varieties of PE spot market in this week (11.23-27) showed an upward trend as a whole, among which the high pressure was the leader, with the rising range being the most prominent, and the price in East China was about 1050 yuan / ton. The second is linear varieties. The rising range in East China is about 550 yuan / ton. Under the leadership of the two major varieties, the low pressure is mainly followed by the rise. The rise rate in East China is about 300 yuan / ton.

The market was more positive at the end of the month. The supply of high-voltage market was affected by the shutdown of equipment of Maoming Petrochemical and other enterprises, and the supply of goods in the market was tight. This positive situation continued this week and prices continued to rise. During the week, international crude oil continued to rise, and the news was good for the market. In addition, the futures market rose first and then fell during the week, which brought some support to the market. The ex factory price of petrochemicals was mainly adjusted. The business mentality was good, and the market price was higher. In the aspect of supply, the quantity of imported resources in Hong Kong was tight at the end of November, high pressure and linear transaction were better, low pressure had no obvious improvement, and inventory was not high.

This week, plastic futures first rose and then fell, bringing some support to the spot market

On November 27, the opening price of polyethylene futures 2101 was 7850, the highest price was 8010, the lowest price was 7820, the closing price was 7970, the previous settlement price was 7935, and the settlement price was 7900. The trading volume was 332996, the position was 250857, and the daily increase was 5055. (unit: yuan / ton)

At present, the futures market is falling down, which is of limited benefit to the market. Moreover, with the price rising to a relatively high level, the downstream resistance increased, and the market transaction atmosphere became weak. In terms of demand, the agricultural film operating rate declined, and the price continued to rise without motivation. Although the petrochemical inventory is at a low level and the price is relatively strong, the business offer has fallen. Polyethylene market is expected to fall in the short term.

Trade name: naphtha

Latest price (November 30, 2020): 4592.50 yuan / ton

Analysis points: international crude oil rose sharply, supporting naphtha cost. It is understood that WTI crude oil price is 45.53 USD / barrel. At present, the refinery inventory is low, and the delivery pressure is not great. The demand of terminal gasoline market is slightly improved, and the market trading is positive.

Aftermarket forecast: it is expected that the naphtha price in the mainland will rise steadily in the short term.

Domestic price trend:

According to statistics, in November, the domestic price of p-xylene dropped. At the beginning of the month, the domestic price was 4450 yuan / ton, and at the end of the month, the domestic PX market price was 4300 yuan / ton, with a price trend of 3.37% and a year-on-year decrease of 36.76%. The low price of PX in the external market fluctuated at a low level. The domestic PX market has a high degree of external dependence, and the low external price has a certain negative impact on the domestic price.

In November, the domestic market price of p-xylene declined slightly, and the domestic PX operating rate was about 60%. Sinochem Hongrun Petrochemical Co., Ltd. put into operation a 600000 ton new unit, Yangzi Petrochemical plant was in stable operation, fuhaichuang plant was in the first line, Pengzhou petrochemical plant was in stable operation, Yangzi Petrochemical PX unit was in normal operation, Jinling Petrochemical plant was running smoothly, and Qingdao Lidong unit was operating at full load The operation of Shandong Petrochemical plant is stable, and Urumqi petrochemical plant is about 50%. The domestic supply of p-xylene is normal, the demand is not improved, and the price trend of p-xylene is falling. The international crude oil price rose in November, while the external price of PX rose. As of the 26th, the closing prices in Asia were 546-548 US dollars / ton FOB Korea and 564-566 US dollars / ton CFR China. Recently, the operation rate of PX units in Asia was about 60%, and the supply of PX goods in Asia was normal. The closing price of PX in November was mainly fluctuating, while that of domestic companies was 2% The price trend of toluene market declined slightly.

With the recovery of foreign economy, the closing price of international crude oil at the end of November fluctuated around $45 / barrel. As of the 26th, the main contract settlement price of WTI crude oil futures market in the United States was at $45.71/november, which was mainly affected by the decline of US crude oil inventory data. However, three sources close to OPEC recently said that despite the rise in oil prices, OPEC, including Russia, had increased Novel coronavirus pneumonia is likely to postpone the planned oil production plan next year, which will support the market during the second wave of new crown pneumonia and Libya’s oil production. Crude oil prices have risen, but domestic market prices for p-xylene have been slightly lower.

In November, the price trend of downstream PTA market rose slightly, while the domestic PTA spot market rose. As of the end of the month, the average price of PTA market was about 3400 yuan / ton, and PTA price rose by 1.66% in November. The main reason is that the international oil price continued to rise in November. On the one hand, the positive news of the new crown vaccine boosted the demand expectation; on the other hand, according to the news released from the market, OPEC + is expected to further maintain the current super scale production reduction, which is beneficial to the supply expectation. At the end of November, PTA began to accelerate the accumulation of inventory, and Fujian Baihong new production capacity was planned to be put into operation next month, resulting in increased supply pressure. In addition, the textile industry has entered the traditional off-season, new orders in the market are not good, and the inventory level rises after purchasing raw materials on a bargain. Therefore, it is expected that the purchase intention is not strong in the short term, and the wait-and-see sentiment is strong, and the price trend of PX market is limited.

Chen Ling, PX analyst of the business agency, believes that the new production capacity will have a certain impact on the market. In addition, the production and sales of polyester in the downstream have fallen down, and PTA market is facing a downward risk. In addition, the crude oil price fluctuates at a high level. It is expected that the market price of p-xylene in December will not change much.

1、 Price trend

According to the monitoring data of business agency, the domestic soda ash market is weak. The average market price is 1600 yuan / ton, down 2.64% compared with the same period last year. On November 24, the commodity index of light soda ash was 93.16, unchanged with yesterday, 20.96% lower than 117.86 (2017-11-21), and 47.52% higher than the lowest point of 63.15 on November 18, 2015. (Note: period refers to 2011-09-01 to now)

2、 Market analysis

According to the business agency, the atmosphere of domestic soda ash market is light, and downstream manufacturers are cautious and wait-and-see attitude. The price of soda ash in Shandong is stable for the time being. The mainstream light alkali factory offers 1700-1800 yuan / ton. The market atmosphere is fair. Downstream manufacturers are cautious. It is expected that the price of soda ash will be stable in the short term. According to the price of soda ash in Central China, the mainstream market price of light soda ash is about 1450-1600 yuan / ton, and the market atmosphere is OK. However, the overall downstream manufacturers are cautious, and it is expected that the price of soda ash will be stabilized in the short term. The main reasons for the price decline of soda ash are as follows: first, the total inventory of soda ash continues to be large; second, the downstream demand continues to be low, and the downstream enterprises mainly wait-and-see attitude, and the enterprises do not ship well and sell at reduced prices.

Raw materials: domestic crude salt trading atmosphere is good this week, and prices in some regions are stable and rising. The operation of sea salt is stable, the well and mineral salt areas perform well, and the price rises. The performance of lake salt is not good, the downstream purchasing intention is not good, and the market performance is weak.

Demand: the general trend of glass spot market is general, the situation of production enterprises leaving the warehouse slightly changes, and the market turnover sentiment is flat. With the decrease of temperature in northern China, the rush time is coming to an end, and the orders of glass processing enterprises are also slowing down. Other regional market transactions are fair, basically able to maintain the balance of production and sales, market turnover sentiment has not been affected. On the whole, the current stock out situation can still be maintained for a period of time, which is expected to slow down at the end of this month or the beginning of next month. In terms of regions, affected by the decrease in temperature, the number of orders for processing enterprises to rush to work in the northern part of the country has slightly decreased, and the speed of purchasing glass sheets has also changed. In terms of regional situation, the markets in East and South China remained relatively good, with no impact on changes, and the market transactions were fair; transactions in some parts of North China slowed down, and prices of some manufacturers were loosened, mainly to increase delivery; in some southwest regions, the market prices rose slightly, and the transaction remained stable.

Demand: ammonium chloride demand off-season, coupled with high inventory, it is expected that the market of ammonium chloride will continue to be weak and stable in the short term, and the price will continue to decline.

According to the price monitoring of the business agency, in the 46th week (11.16-11.20) of 2020, there are 3 kinds of commodities rising and 0 kinds of falling commodities, and 2 kinds of commodities are up and down. The main commodities that rose were calcium carbide (4.12%), PVC (3.58%) and hydrochloric acid (3.28%); this week, they all rose or fell by 2.2%.

Analysts from the business agency believe that: the performance of soda ash market is weak, downstream manufacturers purchase on demand, enterprises actively ship, downstream procurement is mainly on-demand procurement, traders hold a wait-and-see attitude, and the market price changes little. According to the comprehensive forecast, the weak operation of domestic soda ash market in the short term is given priority to.

According to the data monitoring of the business agency, the average ex factory price of LLDPE (7042) in East China was 7750.00 yuan / ton on November 22 and 8050.00 yuan / ton on November 23, with a one-day increase of 3.87% and an increase of 7.10% compared with November 1 at the beginning of the month.

According to the data monitoring of the business agency, the average ex factory price of LDPE (2426h) in East China was 11300.00 yuan / ton on November 22 and 1160.00 yuan / ton on November 23, with a one-day increase of 2.65% and an increase of 11.14% compared with November 1 at the beginning of the month.

According to the data monitoring of the business agency, the average ex factory price of HDPE (5000S) in East China was 8433.33 yuan / ton on November 22 and 8533.33 yuan / ton on November 23, with a one-day increase of 1.19% and an increase of 2.40% compared with November 1 at the beginning of the month.

Regional variety manufacturers rose and fell from November 1 to November 23

East China LLDPE 7042 Jilin Petrochemical Company 7500 yuan / T 8050 yuan / T + 550 yuan

East China LLDPE 7042 Daqing Petrochemical Company 7500 yuan / ton 8050 yuan / ton + 550 yuan

East China LLDPE 7042 Dushanzi Petrochemical Company 7500 yuan / ton 8050 yuan / ton + 550 yuan

East China LDPE 2426h Daqing Petrochemical Company 10400 yuan / ton 11350 yuan / ton + 950 yuan / ton

East China LDPE 2426h Lanzhou Petrochemical Company 10400 yuan / ton 11350 yuan / ton + 950 yuan / ton

East China HDPE 5000S Daqing Petrochemical Company 8300 yuan / ton 8500 yuan / ton + 200 yuan

East China HDPE 5000S Lanzhou Petrochemical Company 8300 yuan / ton 8500 yuan / ton + 200 yuan

In November, the three varieties of PE spot market and the futures market showed an upward trend as a whole. Among them, the three varieties in the spot market rose periodically within the month, while the futures market was mainly weak in the first ten days of the month, and the rising route began on November 11. On November 23, the futures and futures rose hand in hand, and the spot rise was more prominent. Among them, high-pressure varieties led the rise, followed by linear varieties, while low-pressure varieties were driven by the other two varieties to follow up slightly. One of the reasons for this rise is that the supply of high-voltage market is affected by the shutdown of equipment of Maoming Petrochemical and other enterprises, which leads to the decrease of supply, the tight supply of goods in the market and the sharp increase of prices. Secondly, the futures market continued to rise sharply, which obviously supported the trading atmosphere of the spot market. International crude oil and ethylene prices continue to rise in recent years, bringing certain benefits to the market. Petrochemical factory prices mainly rise, business mentality is good, market prices are higher.

In November, the sharp rise of plastic futures brings strong support to the spot market

On November 23, the opening price of polyethylene futures 2101 was 7760, the highest price was 7970, the lowest price was 7720, the closing price was 7965, the previous settlement price was 7800, the settlement price was 7865, up 165, or 2.13%, the trading volume was 394112, the position was 266921, and the daily increase was 2302. (unit: yuan / ton)

In terms of upstream ethylene market, Asian ethylene market prices rose sharply. As of the 20th, CFR Northeast Asia closed at 940-950 USD / T, CFR Southeast Asia closed at 855-865 USD / T. European ethylene market prices rose, as of the 20th, FD northwest Europe closed at 744-755 US dollars / ton, CIF northwest Europe closed at 708-717 US dollars / ton. The price of ethylene in the U.S. also rose significantly. As of the 20th, the price was 471-485 US dollars / ton. At the beginning of November, the market of ethylene in Europe and America rose sharply. Generally speaking, the demand of the whole ethylene market improved, the atmosphere was active, and the market rose sharply.

In terms of demand, the operating rate of agricultural film has decreased, the demand for greenhouse film is reduced, and the plastic film is in the off-season, which has no good support for the price. However, the continuous rise in the futures market supported the bullish confidence of the industry. The crude oil and ethylene markets rose one after another, and the cost support was strengthened, which was beneficial to the market mentality. Polyethylene market is expected to rise in the short term.