Trade name: Isobutyraldehyde

Latest price (June 27th): 6533.33 yuan/ton

On June 27, the price of domestic Isobutyraldehyde market fell slightly, 233.34 yuan/ton lower than that on June 26, 3.45% lower, 15.52% lower than the same period last year. The price of raw material propylene has slightly increased, with average cost support. The downstream market of Neopentyl glycol was consolidated at a low level, and downstream customers were less active in purchasing Isobutyraldehyde. The trading of Isobutyraldehyde market was light, and the market price fell in shock.

It is expected that the domestic Isobutyraldehyde market price will continue to decline, mainly finishing. The average market price is around 6400 yuan/ton.

In June, the dichloromethane market rose first and then fell. According to the commodity market analysis system of the business community, as of June 26, the price of dichloromethane bulk water in Shandong was 2400 yuan/ton, down 0.41% from 2410 yuan/ton at the beginning of the month, and down 6.25% from the monthly high of 2560 yuan/ton. The price of raw methanol fluctuated and fell, and the cost support of dichloromethane was weak; The pressure on the low to high supply surface continues before the start of the methane chloride plant; The price of downstream refrigerant R 32 is mainly small orders for dichloromethane procurement, and the demand side support is insufficient; The market range of dichloromethane fluctuated.

In June, the methane chloride unit declined in the early stage of commencement. In the late month, with the restart and load increase of Fuqiang and Huatai, the methane chloride increased slightly in the late stage of commencement, and the overall supply of dichloromethane was still under pressure.

In June, the price of raw material methanol was weak and volatile, and the cost support of dichloromethane was weak. According to the Commodity Market Analysis System of Business Society, as of June 26th, the spot price of methanol was 2061 yuan/ton, a decrease of 4.63% from 2161 yuan/ton at the beginning of the month; The low point of the cycle is 2015 yuan/ton, and the high point is 2190 yuan/ton.

The downstream order volume is low, and the overall enthusiasm for construction has decreased. The downstream refrigerant R 32 market has entered the off-season; And the overall export situation is not optimistic except for a few enterprises; Near the end of the month, the shipment of dichloromethane was slightly depressed, and the demand for dichloromethane was weak.

Future Market Forecast: According to the methane chloride data analyst from Business Society, the pressure on the supply side of dichloromethane has increased at the end of the month, coupled with the continued sluggish demand side, and it is expected that the dichloromethane market will be weak and consolidate in the short term.

According to the Commodity Market Analysis System of the Business Society, at the beginning of the week, the average ex factory tax price of Shanxi’s light potassium carbonate was 7840.00 yuan/ton. On the weekend, the average ex factory tax price of Shanxi’s light potassium carbonate was 7800.00 yuan/ton, a decrease of 0.51%. The current price has decreased by 5.91% month on month, and the current price has decreased by 22.96% year-on-year.

Potassium carbonate

The price of potassium carbonate slightly decreased this week. From the above chart, it can be seen that the potassium carbonate market has been declining for three consecutive months recently, and the market has continued to decline this week. The upstream Potassium chloride market is lower, the cost support is poor, and the potash market is cold and quiet, the transaction is light, and the price drops. According to statistics from Business Society, the mainstream factory quotation range for industrial grade potassium carbonate in China this week is around 7300-7800 yuan/ton (for reference only), and the quotation varies depending on the procurement situation.

The domestic market of imported Potassium chloride fell slightly this week, from 2825.00 yuan/ton at the beginning of the week to 2762.50 yuan/ton at the end of the week, a decline of 2.21%. On June 18, the Potassium chloride (import) commodity index was 87.70, unchanged from yesterday, down 49.77% from the peak of 174.60 (2022-06-21) in the cycle, and up 50.56% from the lowest point of 58.25 on August 6, 2020. The overall trend of Potassium chloride market in late June may fall in a narrow range, mainly finishing.

Recently, the domestic potash fertilizer market has been weak and consolidated. The Potassium chloride market has fallen, and the cost support is poor. It is expected that the price of potassium carbonate will fall mainly in the short term, and the long-term market still needs to wait and see.

According to the commodity market analysis system of the business community, the recent price of Paraformaldehyde in Shandong has dropped in shock. At the beginning of the week, the average production price of Paraformaldehyde in Shandong was 4737.50 yuan/ton, and at the weekend, the average production price of Paraformaldehyde in Shandong was 4687.50 yuan/ton, down 1.06%, 6.25% month on month, and 12.93% year on year.

Upstream methanol situation: This week, the domestic methanol market was weak and sorted out. With the arrival of high temperature weather, there are signs of stabilizing coal prices on the cost side, but there has been no significant improvement in the demand side, and the methanol cost side is still relatively empty. At the same time, the supply continues to increase, inventory is expected to continue to increase, and market confidence is insufficient. Downstream and traders mainly purchase according to demand. However, on the 21st, the methanol market rose. The ex factory price of methanol in the southern region of Shandong was set at around 2010-2030 yuan/ton for factory withdrawal in foreign exchange, while the delivery price in Linyi was set at around 2070-2080 yuan/ton for delivery in foreign exchange. The local methanol factory in central Shandong quoted a price of 2150-2180 yuan/ton for self delivery from the factory. The negotiated price range for methanol in the Dongying region of Shandong is 2010-2020 yuan/ton.

In the near future, the methanol market has a trend of rising, with good cost support. Downstream companies maintain just need to purchase, and Paraformaldehyde manufacturers are actively shipping. The Paraformaldehyde analysts of the business community predict that the price will rise slightly.

According to the Commodity Market Analysis System of the Business Society, as of June 20th, the average price of epoxy propane enterprises was 9637.50 yuan/ton, a decrease of 1.28% compared to last Thursday (June 15th).

Recently, the epoxy propane market has been operating weakly. As the holiday approaches, downstream purchases are moderately followed up, and the market atmosphere has rebounded. Recently, the price of raw material propylene has slightly increased, with average cost support. Last Friday, the supply end devices were mainly stable, and downstream procurement mentality was cautious. The market atmosphere was light, and the market was weak. On Monday, downstream restocking was just needed before the holiday, and factory shipments rebounded, easing inventory pressure. Enterprise quotations were mixed. On the 20th, the mainstream quotation for epoxy propane in the Shandong region was around 9300 to 9400 yuan/ton.

Upstream propylene, according to the Commodity Market Analysis System of Business Society, on June 19, the reference price for propylene was 6243.25, a decrease of 3.37% compared to June 1 (6460.75).

The epoxy propane analyst at Business Society believes that the current cost impact is not significant. Downstream stocks need to be prepared just before the holiday, and the market atmosphere is still good. It is expected that the epoxy propane market may adjust its operation in a stable and narrow range in the short term, and more attention needs to be paid to market news guidance.

The price of Aluminium fluoride drops in shock this week

According to the commodity market analysis system of the business community, as of June 19, the quotation of domestic Aluminium fluoride was 9975 yuan/ton, down 1.48% from the price of Aluminium fluoride 10125 yuan/ton on June 9 last weekend. The price of raw materials is weak and stable, and the cost of Aluminium fluoride is weak and stable. This week, the price of Aluminium fluoride drops in shock.

The price of raw material hydrofluoric acid is weak and temporarily stable

According to the Commodity Market Analysis System of Business Society, as of June 19, the price of hydrofluoric acid was 9657.14 yuan/ton, which has stabilized compared to the price of 9657.14 yuan/ton on June 9 last weekend. This week, the price of hydrofluoric acid is weak and stable, the cost of Aluminium fluoride is weak and stable, and the downward pressure of Aluminium fluoride remains.

Fluctuation and stabilization of fluorite prices

According to the Commodity Market Analysis System of the Business Society, as of June 19, the price of fluorite was 3136.25 yuan/ton, which has stabilized compared to the price of fluorite on June 2, which was 3136.25 yuan/ton. This week, the price of fluorite fluctuated and stabilized, the cost of Aluminium fluoride temporarily stabilized, and the downward pressure of Aluminium fluoride remained.

Market Overview and Forecast

The analysts of Aluminium fluoride industry from the business agency believe that: the prices of hydrofluoric acid and fluorite are fluctuating and stabilizing this week, the cost of Aluminium fluoride raw materials is stabilizing, and the downward pressure of Aluminium fluoride remains. In the future, the cost will stabilize, the downward pressure of Aluminium fluoride will weaken, and the price of Aluminium fluoride is expected to stabilize in the future.

1、 Price trend

According to the commodity market analysis system of the business community, as of June 16, the reference average price of 85% thermal phosphoric acid in China was 6230 yuan/ton, which was 1.74% lower than the reference average price of 6340 yuan/ton on June 12.

According to the Commodity Market Analysis System of the Business Society, as of June 16, the reference average price of 85% wet process phosphoric acid in China was 6250 yuan/ton, which is lower than the reference average price of 6250 yuan/ton on June 12. The domestic wet process phosphoric acid price remained stable this week.

2、 Market analysis

The price of phosphoric acid in the market fell this week. The price of raw material yellow phosphorus has been lowered, and cost support has weakened. The willingness to stock downstream is not strong, so it is mainly wait-and-see. The market trading volume is poor and transactions are relatively low. As of June 16, the ex factory quotation of 85% thermal phosphoric acid in Yunnan was about 6100 yuan/ton, that of 85% thermal phosphoric acid in Hubei was about 6000-6300 yuan/ton, and that of 85% thermal phosphoric acid in Sichuan was about 6200 yuan/ton. The domestic market quotation for 85% wet process phosphoric acid is around 5550-6700 yuan/ton.

In terms of raw material yellow phosphorus, the market price of Yungui yellow phosphorus has been lowered this week. At present, the overall market trading situation of yellow phosphorus is average, with an increase in market inquiries but relatively few transactions. Downstream enterprises are cautious in procurement and mainly focus on just in demand procurement. The manufacturer mainly issues preliminary orders, and the on-site inventory is still acceptable. The enterprise will not provide external quotations for the time being, and will discuss the actual order in detail. As of now, the quotation is around 22800-23000 yuan/ton, and the actual transaction is subject to negotiation.

In terms of raw phosphorus ore, the overall domestic phosphorus ore market showed a slight decline this week. Some mining companies in China that reported higher prices in the early stage have slightly lowered the price of phosphate ore, with a reduction of around 10-20 yuan/ton, driving the overall focus of the phosphate ore market to decline slightly. As of June 15, the market price of 30% grade phosphorus ore in China is around 950-1080 yuan/ton.

3、 Future Market Forecast

Phosphoric acid analysts from Business Society believe that the price of phosphoric acid has continued to decline this week, resulting in poor market trading conditions. At present, the market for raw material yellow phosphorus is unstable, and downstream demand is weak. The phosphoric acid market is mainly cautious and wait-and-see. It is expected that the market price of phosphoric acid will slightly adjust and operate in the short term.

Price trend

Recently, the domestic ABS market has rebounded after a decline, and spot prices have rebounded in a narrow range. According to the Commodity Market Analysis System of the Business Society, as of June 12th, the average price of ABS sample products was 10400 yuan/ton, a decrease of -0.24% compared to the average price level at the beginning of the month.

Cause analysis

On the supply side: Last week, the high load situation in the ABS industry eased, and the burden reduction of enterprise maintenance increased. The current industry operating rate has been lowered to about 77%. The on-site spot supply is abundant, and the pressure on the supply side has slightly eased. The overall inventory has been depleted due to short supply and oversold, and the supply side has regained support for the spot market.

In terms of raw materials, the overall performance of ABS upstream three materials has been poor recently. The raw material acrylonitrile market continued to decline. In the near future, some devices are planned to be shut down for maintenance. Although the supply of acrylonitrile will slightly decrease in the short term, the overall situation is still relatively loose. In the medium to long term, the supply of acrylonitrile will continue to increase.

Last week, the domestic butadiene market was weak and volatile. The external market is still weak, downstream inquiries are cautious, and high-end offers and transactions are poor. The market lacks sustained positive boost, and the domestic butadiene market may continue to be weak in consolidation.

From the figure below, it can be seen that the market price of styrene has recently declined after rising. International oil prices have fallen, costs are poor, and the styrene market maintains a bearish attitude towards the hot off-season. Spot demand is the main focus, and the expected short-term decline in the styrene market is the main.

In terms of demand: Currently, downstream factories, including the main terminal home appliance industry, have average stocking enthusiasm, and the operating rate is generally at the off-season level. The manufacturer is cautious and wait-and-see. Last week, there were some restocking operations, but overall demand improvement is limited.

Future Market Forecast

Recently, the upstream three materials of ABS have weakened, providing poor support for the cost side of ABS. The construction of petrochemical plants has slowed down, and the market supply of goods has begun to decrease. The pressure on on-site inventory has eased, but the demand side support is limited, maintaining a weak and rigid demand pattern overall. It is expected that the ABS market may form a weak supply and demand trend in the off-season, with limited decline.

The price of plasticizer DBP fluctuated and fell this week

According to the Commodity Market Analysis System of the Business Society, as of June 9th, the DBP price was 8437.50 yuan/ton, a decrease of 4.40% compared to the price of 8826.25 yuan/ton on June 2nd. The prices of raw materials have fluctuated and fallen, the cost of plasticizers has decreased, and the price of plasticizer DBP has fluctuated and fallen.

The price of isooctanol fluctuated and fell this week

According to the Commodity Market Analysis System of Business Society, the price of isooctanol on June 9th was 8720 yuan/ton, a decrease of 3.96% compared to 9080 yuan/ton on June 2nd. This week, the price of isooctanol fluctuated and fell, with weak market trading performance. The cost of plasticizer products decreased, and the price of plasticizer DBP fluctuated and fell.

The price of n-butanol fluctuated and fell this week

According to the Commodity Market Analysis System of Business Society, as of June 9th, the price of n-butanol was 6616.67 yuan/ton, a decrease of 7.67% compared to the price of n-butanol on June 2nd, which was 7166.67 yuan/ton. This week, the price of n-butanol has significantly decreased, with sufficient supply and weak demand for n-butanol. The overall pressure on the cost of plasticizers has increased, and the price of plasticizer DBP will fluctuate and fall in the future.

The price of phthalic anhydride fluctuated and fell this week

According to the Commodity Market Analysis System of the Business Society, as of June 9th, the quotation for neighboring phthalic anhydride was 7687.5 yuan/ton, a decrease of 1.44% compared to the price of 7800 yuan/ton on June 2nd. The operation of phthalic anhydride enterprises is stable, with sufficient supply of phthalic anhydride. Downstream demand for on-demand procurement is poor. This week, the price of phthalic anhydride fluctuated and fell, resulting in a decrease in raw material costs and a significant pressure on plasticizer costs.

Future expectations

Business Society plasticizer product data analysts believe that the prices of isooctanol and n-butanol have significantly decreased this week, and the cost of plasticizer DBP products has decreased. Overall, the supply of isooctanol and n-butanol is sufficient, the cost of plasticizer raw materials has decreased, and the demand for plasticizers is weak. It is expected that the price of plasticizer DBP will fluctuate and fall in the future.

1、 Price trend

According to the commodity analysis system of the business community, the domestic neopentyl glycol market price was adjusted at a low level this week. The average price of the mainstream market of neopentyl glycol in China this week was 10433.33 yuan/ton. Weekend prices fell by 38.02% year-on-year. On June 5th, the isobutyraldehyde commodity index was 36.38, a decrease of 1.35 points from yesterday, a decrease of 65.54% from the cycle’s highest point of 105.58 points (2021-09-16), and an increase of 20.78% from the lowest point of 30.12 points on October 7th, 2022. (Note: The cycle refers to the period from September 1st, 2021 to present)

2、 Market analysis

The price of neopentyl glycol in the mainstream market was temporarily stable this week.

From the perspective of neopentyl glycol upstream raw material market, the domestic isobutyraldehyde market price fell slightly this week. The average price of domestic isobutyraldehyde mainstream market fell from 7700.00 yuan/ton at the beginning of the week to 7433.33 yuan/ton at the end of the week, a decrease of 3.46%. Weekend prices fell by 53.15% year-on-year. The price of upstream raw material market fell slightly, and the cost support weakened. Affected by the supply and demand side, the price of neopentyl glycol was negatively affected.

3、 Future prospects

In mid to late June, the trend of the new pentanediol market may fluctuate slightly and decline mainly. The upstream isobutyraldehyde market slightly declined, and cost support weakened. The downstream paint market is average, and the enthusiasm for downstream procurement is average. Analysts from Business Society believe that in the short term, the market for new pentanediol may experience slight fluctuations and declines due to various factors such as supply and demand, as well as raw materials.