1、 Price trend

Business agency: the price of maleic anhydride declined in June as a whole

According to the data of business agency, the average price of maleic anhydride offer as of June 30 was 9650.00 yuan / ton (including tax), down 1.53% compared with 9800.00 yuan / ton on June 1.

On June 29, the maleic anhydride commodity index was 89.96, which was flat with yesterday, down 27.26% from the highest point 123.67 in the cycle (2017-12-26), up 75.77% from the lowest point of 51.18 on April 14, 2020（ Note: period refers to the period from September 1, 2011 to now

2、 Analysis of influencing factors

In June, the market price of maleic anhydride fell as a whole, and the international crude oil rose, leading to the rise of domestic chemical prices, the lower unsaturated resin commencement rate, strong wait-and-see sentiment in the resin market, and the purchase was required. As of the 30th, the solid anhydrides in Shandong Province were about 9800 yuan / ton, that of Jiangsu Province was about 9700 yuan / ton, that of Shanxi was about 9800 yuan / ton, that of Hebei Province was about 9800 yuan / ton, and that of South China was about 9800 yuan / ton.

International crude oil fluctuated, international economy in multiple regions recovered gradually, vaccination in the United States continued to increase, US crude oil demand ushered in a peak season, the expectation of recovery of European and American demand boosted the crude oil market, and OPEC + alliance continued to adhere to the measures of gradually resuming supply in June-July, offsetting the risk of oil price support caused by the consensus reached in the negotiation of the US Iraq nuclear agreement.

At present, affected by environmental factors, the downstream unsaturated resin commencement rate is down, the resin market is in a strong wait-and-see mood, and it is just to be purchased.

According to the monitoring of the business society, the overall operating rate of hydrogenation benzene enterprises in June was about 80%, up from last month, most of the units started normally, and some of the early shutdown units had restart plans. At present, the price of hydrobenzene is high. As of June 30, the price of hydrogenated benzene in North China is 7950.00 yuan / ton, the profits of the enterprise have improved, and the production and sales are positive. The start-up and parking cost of hydrogenation benzene enterprises is lower than that of pure benzene, and most of the manufacturers are discharged according to the profit. The price of Shandong Province is 4200 yuan / ton for n-butane.

3、 Future forecast

Analysts of maleic anhydride products of the business society believe that: the international crude oil rose and the market cost of maleic anhydride was supported. Although the downstream resin demand continued to be weak, it was just needed to support, and the trend of maleic anhydride market price is expected to rise in the near future.

1、 Price trend

According to the monitoring data of business agency, as of June 29th, 2021, the domestic reference price of EPDM 4045 was 26000.00 yuan / ton, which was the same as that of the previous working day, which was the same as that of last Tuesday, and fell 1.64% compared with May 28.

2、 Market analysis

After entering June, the trading price of EPDM market fell, and the price of Jihua 4045 EPDM was stable at 26000.00 yuan / ton on June 8; The price of ethylene propylene rubber market of Sinopec No.3 well 4045m, 3092pm, 3062em, 3110m and other specifications is stable at 25500.00 yuan / ton. The market trading atmosphere is flat, the quotation of intermediate traders is stable and the transaction is normal.

upper reaches:

According to the price map of business agency, after the Dragon Boat Festival, the propylene market in Shandong was sorted and operated, and the market transaction rose to between 7600 yuan and 7900 yuan / ton, and the mainstream price was about 7900 yuan / ton. The price of mainstream manufacturers remained unchanged, and the low-end prices increased. The propene market is expected to rise in the near future.

According to the monitoring data of business agency, the recent external market of ethylene market has risen, the demand of the whole ethylene market is good, the purchasing atmosphere is active, the transaction is good, and the center of ethylene market gradually moves up. The market is optimistic about crude oil market, and data analysts of business agency expect that the external price of ethylene will be mainly higher.

3、 Future forecast

The analysis of EPDM of business agency thinks: the current market transaction is stable, the upstream propylene cost is not strong driving force, and the ethylene market is up, which may affect the price of EPDM in a small extent; It is expected that the ethylene propylene rubber market will remain stable in the later period. It is suggested to pay attention to the dynamic of the device and the demand of downstream users.

1、 Price trend

According to the data monitoring of business news agency, the average price of domestic liquefied natural gas on June 28 was 3666.67 yuan / ton, up 1.1% from the beginning of this month and 48.65% from the same period last year.

2、 Analysis of influencing factors

In June, the domestic LNG market fluctuated, which was generally divided into four stages: down up down up. There were two obvious increases in the middle and the end of the month, but the amplitude was not large, and the overall trend was W-shaped. In June, the off-season demand had a significant impact. The domestic LNG market price continued to decline. On the 15th, the first working day after the Dragon Boat Festival, the logistics recovered after the festival, the downstream replenishment and the price of raw gas rose, and the liquid market ushered in a wave of rise. However, the rally did not last long, and the security inspection strictly affected the trading in some areas. On the 21st, it quickly fell back to the previous rise. Towards the end of the month, the price of imported liquid rose, boosting the domestic liquid market, adding to the maintenance of liquid plants. The supply side was favorable, and the liquid price rose by more than 3% on the 28th. The manufacturers had a positive attitude of supporting the price. Under the psychology of buying up but not buying down, the market trading atmosphere improved, but the wait-and-see attitude remained unchanged.

On June 28, the domestic liquefied natural gas market rose in a large area, with 3450-3700 yuan / ton in Inner Mongolia, 3580-3720 yuan / ton in Shaanxi, 3600-3770 yuan / ton in Shanxi, 3650-3730 yuan / ton in Ningxia, 3800-3850 yuan / ton in Henan and 3670-3700 yuan / ton in Hebei.

region Specifications June 28th June 1st Up and down

Inner Mongolia liquified natural gas 3450-3700 3450-3650 + 0/+50

Shaanxi liquified natural gas 3580-3720 3560-3720 + 20/0

Shanxi liquified natural gas 3600-3770 3650-3770 – 50/0

Ningxia liquified natural gas 3650-3730 3600-3700 + 50/+30

Henan Province liquified natural gas 3800-3850 3750-3900 + 50/-50

Hebei liquified natural gas 3670-3700 3540-3800 + 130/-100

For urea, the ex factory quotation of urea in Shandong Province rose on June 28, 60 yuan / ton higher than that on June 25, or 2.22%. The price of upstream coal has risen sharply recently, and the cost support has been strengthened. From the aspect of demand, the demand of agriculture in different areas has been cooling down, and the demand of agriculture has been decreasing; However, the price of compound fertilizer in the lower reaches has risen, and the construction of rubber sheet factories and melamine enterprises is acceptable, and most of them are used as soon as they are mined. In terms of supply, the daily output of urea plants is still lower than that of the same period last year, and the supply side is tight. At the same time, the enterprise inventory and social inventory are also kept at a low position. Affected by the shortage of coal, some areas begin to reduce production. On the whole, urea cost support is strengthened, downstream demand is stable, and urea supply is tight. Forecast: it is expected that the ex factory price of urea in Shandong will rise slightly in the future: the average price quoted by manufacturers is about 2800 yuan / ton.

Dichloromethane: on the 28th, the price of dichloromethane in Shandong was 3770 yuan / ton, down 4.39% from the previous day. Over the weekend, the factory prices of some dichloromethane manufacturers in Shandong Province were lowered. According to the monitoring of the business agency, as of June 28, the dichloromethane bulk water of Shandong Luxi Chemical Co., Ltd. had been delivered in cash at 3890 yuan / ton; Shandong Jinling dichloromethane bulk water ex works at 3670 yuan / ton. Recently, the overall start-up of domestic methane chloride plant has been improved, and the supply has increased slightly, which has an impact on the formation of partial empty dichloromethane. In addition, the price of liquid chlorine dropped sharply. As of the 28th, the mainstream ex factory price of liquid chlorine for tank cars in Shandong Province was 850 yuan / ton, and the cost was mainly empty. Future forecast: on the one hand, the price of raw material liquid chlorine has dropped sharply; on the other hand, the domestic start-up of methane chloride has generally increased, and the impact of cost and supply side is mainly short. It is expected that dichloromethane will be weak in the future.

3、 Future forecast

Liquefied natural gas analysts of business news agency believe that: near the end of the month, the domestic liquid market fluctuated and rose. Supported by the supply side and cost side, the price rose somewhat. With the favorable bidding in July, the market will be boosted. It is expected that the domestic liquefied natural gas market will still have a small rise in the short term, but the off-season factors are still there, so the persistence of the rise is not strong.

1、 Price trend

According to the monitoring data of business news agency, the average price of domestic ammonium sulfate was 1050 yuan / ton on June 21, and 1055 yuan / ton on June 25. The price of ammonium sulfate rose by 0.55% this week.

2、 Market analysis

This week, ammonium sulfate market rebounded, prices slightly up. By the end of the week, the mainstream ex factory price of coking grade ammonium sulfate in Shandong was 1050-1100 yuan / ton, that in Hebei was 950-1100 yuan / ton, that in Shanxi was 950-1050 yuan / ton, and that in East China was 100-1100 yuan / ton.

This week, the price demand of compound fertilizer was weak, mainly in the execution of early orders. The price of raw materials is still high, the cost support of compound fertilizer is strong, and the price is firm. In the short term, the price may continue to rise steadily.

3、 Future forecast

Business agency ammonium sulfate analysts believe that the current coking grade ammonium sulfate prices rose slightly, some areas affected by environmental protection limit production. The production of by-product ammonium sulfate decreased after caprolactam plant maintenance in some enterprises. It is expected that ammonium sulfate Market will run smoothly in the short term.

According to the data of the business club’s block list, as of June 21, the average price quoted by epichlorohydrin enterprises was 13133.33 yuan / ton, up 0.51% compared with last Tuesday (June 15), down 0.51% compared with the price at the beginning of the month, and down 5.97% compared with May 21. Recently, the market of epichlorohydrin was mainly stable after a small rise, and the market was mainly light at the beginning of the week. With the improvement of downstream inquiry enthusiasm and the strong cost support of glycerin method, the market rose slightly, but the downstream only needs to follow up. The power of epichlorohydrin continued to rise is insufficient, so we need to wait and see.

Upstream propylene, as of June 21, Shandong propylene price weak operation. According to the price chart of the business club, Shandong propylene market was reorganized and operated this week after the Dragon Boat Festival. The prices of individual manufacturers were slightly adjusted. The market price was down on the 21st, down 1.83% compared with last Tuesday (June 15). The market trading atmosphere was general.

Downstream epoxy resin, on June 21, the liquid epoxy resin in East China ran smoothly, and the local market mainstream negotiated to offer 27000-27500 yuan / ton in barrels.

Business community epichlorohydrin analysts believe that in general, the recent epichlorohydrin market volatility is small, the downstream mentality is cautious, multidimensional rigid demand, market trading atmosphere is general, it is expected that in the short term, the epichlorohydrin market will be mainly stable, more attention should be paid to market information.

Recent trend of sulfuric acid price

As can be seen from the figure above, the distribution price of sulfuric acid in Shandong increased this week, from 546.67 yuan / ton at the beginning of the week to 563.33 yuan / ton at the end of the week, with an increase of 3.05%, 97.66% over the same period last year. Overall, the sulfuric acid market rose this week, with the sulfuric acid commodity index at 87.68 on June 18.

Downstream market boosted, purchasing intention strengthened

From the quotation of manufacturers, the price of mainstream sulfuric acid manufacturers in Shandong Province rose this week, the inventory of manufacturers was general, and the downstream demand was good. Heze Jiangyuan quoted 560 yuan / ton over the weekend, up 10 yuan / ton compared with the beginning of the week; Zouping Tianlu quoted 480 yuan / ton this weekend, up 40 yuan / ton compared with the beginning of the week; Jinan Yuanfei quoted 650 yuan / ton, which was temporarily stable compared with that at the beginning of the week.

From the perspective of the upstream and downstream industry chain, the sulfur market in the upstream has been consolidated at a high level recently, with the quoted price of 1613.33 yuan / ton, and the cost support is good. However, the price of bromine in the downstream market is rising steadily, from 45312.50 yuan / ton at the beginning of the week to 45937.50 yuan / ton at the end of the week, with an increase of 1.38%, 65.04% over the same period of last year. On the whole, the upstream and downstream products have a positive impact on the price of sulfuric acid this week.

After a small shock up

In late June, the sulfuric acid Market in Shandong may rise slightly. The price of sulfur in the upper reaches has been consolidated at a high level recently, and the cost support is good. Moreover, the price of bromine in the lower reaches has also begun to rise. The purchasing enthusiasm of sulfuric acid in the lower reaches has been strengthened, and the product trend has risen under the contradiction between supply and demand. Business community sulfuric acid analysts 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 small shock rise.

According to the data monitored by the business agency, the average ex factory tax price of domestic light potassium carbonate was 6740.00 yuan / ton at the beginning of the week, while the average ex factory tax price of domestic light potassium carbonate was 6720.00 yuan / ton at the end of the week, down 0.30%. The current price has increased by 0.44% month on month, and the current price has increased by 7.74% year on year.

Recently, the domestic potash market dropped slightly. Potash market supply situation is general, downstream purchasing enthusiasm is general, maintaining rigid demand. Potash trading market is relatively cold, the market continues to decline slightly. According to the statistics of the business society, the mainstream ex factory quotation range of domestic industrial grade potassium carbonate this week is about 6300-7200 yuan / ton (the quotation is for reference only), and the quotation is different according to different procurement situations.

Recently, the quotation of potassium chloride mainstream manufacturers is at the peak: on June 18, the potassium chloride equipment of Qinghai Salt Lake Potash Fertilizer Co., Ltd. operated normally. The ex factory quotation is about 2450 yuan / ton, the quotation is temporarily stable, and the actual transaction price is mainly through negotiation. On June 18, Anhui Badou Chemical Co., Ltd. quoted about 3150 yuan per ton for potassium chloride distribution, which was temporarily stable. The actual transaction price was mainly through negotiation. Recently, after a round of rise, the potassium chloride market has been temporarily consolidated at a high level, the port inventory is tight, the source of goods in the factory is limited, and the price is temporarily at the highest level.

Potassium carbonate analysts of business news agency believe that the domestic potassium chloride market is in short supply in the near future. Most of the new imported potassium sources are concentrated in the hands of traders. Domestic potassium manufacturers have limited output and strong cost support. It is expected that the price of potassium carbonate will rise in the short term, and the long-term market still needs to be seen（ The above prices are provided by the main manufacturers of potassium nitrate all over the country and sorted out and analyzed by the potassium carbonate analysts of the business society. They are for reference only. For more price details, please contact the relevant manufacturers for consultation).

1、 Polyoxymethylene market price trend chart

Price curve of paraformaldehyde

According to the monitoring of the business agency, the average price of paraformaldehyde at the beginning of the week was 5766 yuan / ton, while at the end of the week, the average price was 5700 yuan / ton, down 1.16%.

2、 Market analysis

On June 15, Shandong formaldehyde Chemical Industry Co., Ltd., with an annual output of 30000 tons of polyoxymethylene, offered 5700 yuan / ton of Polyoxymethylene (96) including tax, which was the same as last time. Linyi Shengyang Chemical Co., Ltd. has an annual output of 9000 tons of polyoxymethylene. The ex factory price of Polyoxymethylene (96) including tax is 5400-5500 yuan / ton, which is about 100-200 yuan / ton lower than last time. Zibo Qixing Chemical Technology Co., Ltd., with an annual output of 10000 tons of polyoxymethylene, Polyoxymethylene (96) ex factory price including tax is 6000 yuan / ton, which is 100 yuan / ton lower than last time. In summer, the market demand of polyoxymethylene turns weak, and the manufacturer reduces the quotation.

According to the monitoring of business news agency, the average price of domestic methanol manufacturers in Shandong was 2522 yuan / ton at the beginning of this week, while the average price of domestic methanol manufacturers in Shandong was 2540 yuan / ton at the end of this week, up 0.69%. On June 15, the main closing price of methanol futures in Zhengzhou Commodity Exchange was 2514 yuan / ton, up 2.57% in the day. The atmosphere of domestic methanol spot market is warming up.

3、 Future forecast

In summer, the market demand for paraformaldehyde weakens, and the upstream methanol market warms up. Paraformaldehyde analysts of the business community expect that the decline space of paraformaldehyde is limited.

According to the monitoring data of business society, as of June 16, the average factory price of domestic industrial grade dimethyl carbonate was 7066 yuan / ton, and the average price increased by 366 yuan / ton, or 5.47% compared with the price of June 11, 2021 (reference price: 6700 yuan / ton); Compared with the price of June 1, 2021 (reference price: 5666 yuan / ton), the average price increased by 1400 yuan / T, or 24.71%.

From June to now, the domestic market of dimethyl carbonate has risen sharply. In terms of demand, downstream demand has performed well, and the market investment atmosphere has increased. In terms of supply and demand, overhaul of the large factory discharge device, reduced market supply and tight spot. Therefore, under the support of many favorable factors, the market price of dimethyl carbonate is up all the way. After the Dragon Boat Festival, the site commencement rate was not significantly increased, the early shutdown device failed to start smoothly after the festival, and the overall market supply continued to be tight to continue to support the high-level operation of dimethyl carbonate market. On the first day after the festival (June 15), the quotation price of some DMC factories in Shandong Province increased again, with an increase of 200-500 yuan / ton. The upward price led the market to continue to close to the high end. On June 16, the market price continued to increase by 200-300 yuan / T, and as of the 16th, the average factory price of domestic industrial grade dimethyl carbonate was 7066 yuan / T, compared with that before the festival, The average price rose 366 yuan / ton, up more than 5.47%. Compared with the beginning of June, the average price has risen 1400 yuan / T, and the half month is up nearly 25%.

In the upstream of propylene oxide, in the early June, the domestic market of epichlorohydrin was down all the way. According to the data monitoring of business society, as of June 15, the reference average price of propylene oxide in China was 13733.33 yuan / ton, which was 12.15% lower than that of June 1 (15633.33 yuan / ton).

In terms of upstream methanol, the main closing price of methanol futures of Zhengzhou Commodity Exchange was 2514 yuan / ton on June 15, up 2.57% in the day. The atmosphere of domestic methanol spot market is warming up. Before the festival, some traders make up for the air and the downstream goods to support the mentality of the industry. After the festival, the new prices in Northwest China may be relatively strong, and at present, they are generally bullish. According to the monitoring of business news agency, as of June 15, the average price of domestic methanol production enterprises in Shandong was 2535 yuan / ton, with a month on month decrease of 7.06% and a year-on-year increase of 56.48%. Some methanol production enterprises have delayed the maintenance plan slightly, and the supply is relatively sufficient, and the social inventory is not good. MTBE price is relatively good, crude oil continues to rise, and the finished oil is about to open the window of up-regulation, which will give a certain mentality support to the market, and it is expected to push the methanol market higher.

In terms of upstream DME, in the off-season, the domestic DME market continued to decline, the market was relatively weak, the market trading atmosphere was general, and the overall performance was weak. According to the data monitoring of business society, as of June 15, the reference average price of DME in China was 3377.50 yuan / ton, down 7.78% compared with that of June 1 (3662.50 yuan / ton).

Analysis of the trend of the post market

At present, after the downstream increase of DMC starts, the demand may further increase, so the demand support will continue in the short term. In terms of supply, it is heard that there are still parking plants in the near future, so the short-term market supply should be kept relatively small. Business agency analysts believe that in the short term, domestic DMC market continues to strengthen the trend, with limited down space

This week (6.7-11), domestic liquid ammonia market remained stable, market prices did not change much. Weekly liquid ammonia was up 0.38 percent, according to business agency monitoring. After a big increase in late May, liquid ammonia is now stable. This week, liquid ammonia manufacturers generally reported stability, and sporadic manufacturers rose and fell. With the resumption of some maintenance devices, the market supply increased, alleviating the market supply tension, and the liquid ammonia market also stopped rising and stabilizing.

Near the weekend, the domestic liquid ammonia market atmosphere is still good. The price of liquid ammonia in Shandong Province is stable. This week, the ammonia quantity in this region is moderate, the enterprises are shipping normally. At present, the inventory pressure is still not large. Since last weekend, the rise pace of the region is suspended, and the manufacturer’s quotation is stable, and the market price at the weekend maintains the level at the beginning of the week. The main price in the region is 4200-4300 yuan / ton. At present, the production of liquid ammonia from the plant in the region is moderate, and the price is expected to be stable in the near future..

The liquid ammonia Market in Hebei Province also remained stable, with Friday’s price not changing much compared with the beginning of the week. At present, the pressure on the stock of the source of goods in the region is general, and the quotation of the large factories throughout the week is stable. The manufacturer’s inventory pressure is still acceptable, and the mainstream price in the region is 4000-4200 yuan / ton. At present, the liquid ammonia discharged by the plant is moderate, the overall inventory pressure in the region is not large, and the price or high level is expected to stabilize in the near future.

In the future market, the current domestic liquid ammonia manufacturers’ rising rhythm is slowing down, some of which have fallen, and the upward space may not be large in the near future. However, due to the continuous strength of urea and the impact of the boost of export by the printing standard, the price of liquid ammonia will not decline in a large area in the near future, and it is expected to maintain a high range as the main.