On January 20, the overall market of domestic liquid ammonia was stable and small. The prices in the main production areas of Shandong, Hebei, southwest and two lakes did not change much, with a rise and fall range of 50 yuan. The prices in Hebei and Shandong fell slightly this week. At present, the market supply and demand is balanced, the downstream just needs to purchase, and the manufacturer mainly supports the price stably.

This week, the price of liquid ammonia in Shandong changed little. On the 20th, the manufacturer’s quotation was stable, the manufacturer shipped normally, and the inventory pressure was relieved. At present, the market demand is acceptable, the dealer’s offer price has little change compared with the beginning of the week, the downstream procurement is normal, and the market inventory continues to go. Today, the mainstream price in the region is 4000-4200 yuan / ton. The market is expected to operate steadily in the near future.

The price of liquid ammonia in Hebei fell slightly today, most manufacturers reported stability, and some slightly decreased by 50 yuan. There is little change in market price. The dealers mainly make regular reports. At present, the market supply and demand are basically balanced. The manufacturers have a strong price mentality. The dealers’ offers are generally strong, the downstream demand rebounds slightly, and the market inventory continues to go. Today, the mainstream price in the region is 4150-4300 yuan / ton. The market is expected to fluctuate slightly in the near future.

Future forecast: recent price shocks, limited market benefits, basic balance of short-term supply and demand, mainly expected shocks.

Trade name: titanium dioxide

Latest price January 19: 20850 yuan / ton

Key points of analysis: on January 19, the domestic titanium dioxide market price rose steadily. Domestic titanium dioxide enterprises have good market confidence. At present, export orders are performing well, and domestic downstream manufacturers mainly hoarded goods in an appropriate amount years ago. In addition, the current high price of titanium ore is expected to rise, and the prices of individual titanium dioxide enterprises have increased slightly.

It is expected that the titanium dioxide market will run steadily and well in the short term.

According to the data monitoring of business agency, the average price of propane in Shandong market was 5768.25 yuan / ton on January 17 and 5773.25 yuan / ton on January 18, with a single day increase of 0.09%, down 0.13% compared with January 1.

On the 18th, the domestic propane Market stopped falling and stabilized, and the Shandong market increased steadily, with a range of 30 yuan / ton. The rise of international crude oil has given a certain boost to the market. Near the Spring Festival, there is a certain replenishment demand in the downstream. The market trading atmosphere is mild. It is expected that the propane market will be mainly consolidated in a short term or in a narrow range.

According to the bulk list data of business society, the market price of glycol continued to fall on Tuesday. On January 10, the average domestic market price of diethylene glycol was 4984 yuan / ton, and on January 17, the average domestic market price of diethylene glycol was 4950 yuan / ton. Glycol prices fell 0.67% on Tuesday.

The price trend of glycol continued to fall on Tuesday. At present, the port inventory is still large, and the mainstream inventory is about 29100 tons. Enterprises still focus on digesting inventory. International oil prices rose first and then fell this week. It is suggested to pay attention to the dynamics of crude oil prices in real time. The operating rate of UPR at the downstream of diethylene glycol is about 32%, down from last week. As of January 17, the domestic market quotation in East China is 5030-5050 yuan / ton.

At present, the inventory of diethylene glycol is still large, the enthusiasm for goods preparation in the downstream is weakened near the Spring Festival, and it is mainly wait-and-see in the yard. Diethylene glycol analysts of business society believe that there is great market pressure at present, and it is expected that the market price of diethylene glycol will continue to decline in the short term.

According to the data monitored by the business community, as of January 14, the average price of domestic general transparent superior products PMMA was 17650.00 yuan / ton this week, which maintained a stable operation. Compared with the same period last week, the price change was not obvious. The quotation range of mainstream manufacturers maintained about 17600 yuan / ton. The price of PMMA mainly maintained stable operation, the focus of negotiation was stable, and the price range this week was small.

This week, the average price of PMMA of domestic general transparent superior products was 17625.00 yuan / ton, and the quotation range of mainstream manufacturers remained about 17600 yuan / ton. Compared with the same period last week, the price of PMMA was mainly stable, the overall price change was not obvious, the focus of negotiation was stable, and the supply side was normal.

Rubber and plastic index: on January 13, the rubber and plastic index was 768 points, unchanged from yesterday, down 27.55% from the highest point of 1060 points in the cycle (March 14, 2012), and up 45.45% from the lowest point of 528 points on April 6, 2020. (Note: the period refers to the period from December 1, 2011 to now).

PMMA analysts of business agency believe that PMMA prices are expected to operate smoothly in the short term with limited fluctuation range. (to get more information about goods and to grasp the price of commodities, welcome to subscribe to the business community through the official account of the business community, the market is the opportunity).

On the 13th, the domestic ethyl acetate market continued the trend of the previous two days, the price continued to decline, and the decline narrowed slightly, within 100 yuan. The upstream raw material acetic acid market was depressed, and the prices of large factories were generally reduced. This week, the cumulative reduction was more than 200 yuan / ton, and the cost side still suppressed the rise of the downstream ethyl acetate price. At present, the supply pressure of ethyl acetate has increased significantly, the downstream transaction is not ideal, and the price has fallen. The overall mentality of the market operators is general, and the downstream just needs to purchase. In the near future, we still need to pay attention to the bidding of acetic acid raw materials and main factories, as well as the bidding and transaction of ethyl ester from large factories in Shandong. At present, the mainstream transaction price of ethyl acetate Market is in the range of 8300-8600 yuan / ton.

Future forecast: the business community believes that the domestic ethyl acetate Market will continue to be weak in the short term, pay attention to the trend of raw acetic acid and wait and see carefully.

According to the data monitoring of business agency, the average price of propane in Shandong market was 5933.25 yuan / ton on January 11 and 5955.75 yuan / ton on January 12, with a single day increase of 1.05%, an increase of 3.72% compared with January 1.

On the 12th, the domestic propane Market returned to the rising trend, with an obvious range. The sharp rise of international crude oil in the morning brought obvious support to the market. The market price in Shandong rose again, and there was a certain replenishment demand in the downstream. The market trading atmosphere was mild. It is expected that the propane market will be strong in the short term.

Price: industrial grade lithium carbonate 302600 yuan / ton, battery grade lithium carbonate 327000 yuan / ton

Analysis: at the beginning of the week, the price of lithium carbonate continued to rise sharply, the market supply was still low, and some traders’ quotations for industrial carbon and electric carbon continued to increase. At present, the downstream goods preparation situation is not optimistic, the market inquiry and procurement demand will continue, and the downstream manufacturers may reduce production after the Spring Festival holiday or due to the shortage of lithium carbonate raw materials.

Forecast: the Spring Festival is approaching, the upstream shipment is still tight, the downstream stock is not reduced, and the short-term lithium carbonate price is expected to keep rising.

Trade name: sulfuric acid

Latest price (January 10): 643.33 yuan / ton

On January 10, the market price of domestic sulfuric acid decreased slightly, which was 3.34 yuan / ton lower than that on January 7, a decrease of 0.52%, and a year-on-year increase of 102.62%. From the perspective of upstream and downstream industrial chains, the upstream sulfur market has gradually increased recently, and the cost support has been strengthened. Although the downstream formic acid market was consolidated at a low level, the downstream bromine market stopped falling and rebounded this week. Downstream customers had good enthusiasm for purchasing sulfuric acid, and the product trend rose under the contradiction between supply and demand.

Recently, the domestic sulfuric acid market price may rise slightly, and the average quotation price is about 650 yuan / ton.

According to the data monitored by the business society, the PP market trend was strong in early January, and the spot prices of various brands rose slightly. As of January 7, the mainstream offer price of T30S (wire drawing) from domestic manufacturers and traders was about 8260.00 yuan / ton, with an increase or decrease of + 1.60% compared with the average price at the beginning of the month.

Cause analysis

Industrial chain: in terms of upstream propylene, the price of propylene (Shandong) increased significantly this week, and the manufacturer’s offer continued to rise. As of Friday, the propylene price in Shandong market was 7800-7850 yuan / ton, up 300 yuan / ton from last weekend. The production of the enterprise is stable, the inventory is in the middle, and the delivery of goods remains stable. The price of propylene raw material rose strongly, the offer of propylene pushed up, and the downstream acceptance was acceptable.

In the upstream, propylene raw material prices have risen, dynamic coal has been operating at a low level recently, international crude oil prices have risen, and PP cost support has strengthened as a whole. In terms of supply, the supply of PP was abundant this week, and the operating rate of the industry was stable. At the end of last month, the extent of two barrels of oil going to the warehouse was acceptable. In terms of demand, at present, terminal enterprises have the demand for goods preparation before the festival, and the on-site trading has warmed up, but there is still great resistance to the delivery of goods from high price sources. The low-end offer of merchants has been raised, and the high-price offer is still not smooth.

In terms of fiber materials, according to the data monitored by the business society, as of January 7, the spot price trend of domestic fiber PP has increased. The mainstream offer price of Z30S (fiber) from domestic manufacturers and traders is about 8266.67 yuan / ton. Compared with the average price at the beginning of the month, the rise and fall range is + 1.85%, and the rise and fall range over the same period last year is – 0.20%. Recently, there is also a demand for pre Festival stock of PP fiber materials. The consumption of end products is large, stable and small. The operating rate of the main downstream non-woven enterprises is maintained at more than 50%. The production of PP enterprises is about to enter the holiday schedule, and the demand will gradually decline in the later stage. It is expected that the recent fiber material market may continue to rise steadily due to the benefit of cost side.

In terms of melt blown materials, the melt blown PP market operated weakly and stably this week. As of January 7, the average quotation of domestic melt blown material sample enterprises monitored by business society was about 9516.67 yuan / ton, up or down 0% compared with the average price at the beginning of the month. During the period of high incidence of recent rebound in health events in various countries, the number of local diagnoses in some areas of China has increased. However, the supply of meltblown materials in the field is sufficient, and dilution has a pulling effect on the spot market of meltblown cloth. The saturation pattern of domestic melt blown materials and cloth enterprises remains unchanged. It is heard that there is still capacity transfer out this month and other brands of PP. the industry competition is strong and the spot price is difficult to rise.

Future forecast

PP analysts of business society believe that the domestic polypropylene market rose in early January, the dynamic coal market fluctuated, the crude oil rose, and the cost side generally boosted the spot price of PP. Terminal enterprises are in the pre holiday stock demand, and the on-site trading is OK, but the stock preparation process is about to enter the second half. It is expected that the PP market may still have a limited increase in the short term.