Author Archives: lubon

PET market runs smoothly this week (6.21-6.25)

According to the data monitored by the business community, as of June 25, the average price of pet water bottle manufacturers was 6733.33 yuan / ton. The overall pet market was running smoothly with a small upward trend. The prices quoted by manufacturers were stable, and the price range was 6700-6800 yuan / ton.

This week, the pet market was mainly stable, with prices of some manufacturers rising slightly and rising in a narrow range. At present, pet goes smoothly, transaction prices fluctuate above and below the cost line. The focus of negotiation is narrow and upward. The downstream demand is general, and the inventory is normal. PTA in the upstream has a narrow and upward trend, which is favorable for support, spot flow and tight inventory. The mainstream price range is 4800-5000 yuan / ton.

On June 24, the rubber and plastic index was 775 points, flat with yesterday, down 26.89% from 1060 points (2012-03-14), the highest point in the cycle, and up 46.78% from 528 points, the lowest point on April 6, 2020( Note: period refers to the period from December 1, 2011 to now

Business community pet analysts believe that: in the short term, pet prices are stable on the upper side, and the downward range is limited( To learn more about the latest market trends, please pay attention to the official account of the business community, get information on goods, and grasp the price of commodities.

Gamma Polyglutamic Acid

Fair demand, stable market of chlorinated paraffin (6.21-6.25)

1、 Price trend

According to the monitoring data of the business association, the price of chlorinated paraffin was stable this week. On June 21, the average price of domestic chlorinated paraffin 52 was 6033 yuan / ton, and on June 25, the average price of domestic chlorinated paraffin 52 was 6033 yuan / ton, which was stable this week.

2、 Market analysis

This week, domestic chlorinated paraffin raw material support is insufficient, chlorinated paraffin market is stable. At present, the ex factory price of chlorinated paraffin 52 in Anhui is 5600-6400 yuan / ton, that in Northeast is 5800 yuan / ton, that in Hebei is 5000-6000 yuan / ton, that in Shaanxi is 6500 yuan / ton, and that in Shandong is 5500-6500 yuan / ton.

In terms of raw material liquid wax, the price of liquid wax was generally stable this week, the supply was reduced, and the downstream demand was relatively stable. In terms of raw material liquid chlorine, the price of liquid chlorine decreased slightly this week, the confidence in the market was insufficient, and the market was stable in the short term.

3、 Future forecast

Business analysts think. Although the price of chlorinated paraffin raw materials decreased this week, the market demand was good. Good follow-up of the terminal, fair trading volume. It is expected that the price of chlorinated paraffin will be stable in the short term.

Gamma Polyglutamic Acid

Raw material supply is tight, potassium sulfate price is expected to rise

1、 Price trend

2、 Market analysis

According to the data of business news agency, the domestic potassium sulfate Market has strengthened recently, and the spot price has increased greatly. As of June 24, the average price of domestic potassium sulfate 50 particle samples was 3716.67 yuan / ton, an increase of 21.20% compared with the average price at the beginning of the month, and an increase of 38.94% compared with the same period last year.

Domestic potassium sulfate prices rose significantly in the second half of June, led by the ex factory prices of processing enterprises. Recently, the domestic potash fertilizer market continued the previous trend, with a high rise. In terms of potassium chloride, the tight supply pattern has not improved, and the high price is good for the cost side of processing potassium sulfate enterprises, but it also increases the cost side pressure of some enterprises. However, the feedback from the demand side to the high price source is not good, and the price rise is blocked, resulting in the decrease of the operation rate of domestic potassium sulfate production plant. At present, the overall operating rate of Mannheim plant in China has fallen below 60%, and the conversion of the benefit of potassium chloride is not good. A number of potassium sulfate enterprises are sealed and do not accept orders for the time being. In terms of external offer and imported potassium, the arrival is slow, and the source price is high, so the transaction is not smooth.

3、 Future forecast

Business News Agency potassium sulfate analysts believe that: the recent potassium chloride price continued the previous strong market, domestic potassium sulfate cost side support and cost side pressure coexist. At the same time, the domestic potash fertilizer market is in short supply, and the spot price in the market is obviously rising. However, the end users are more resistant to the high price of goods, and the fluency of shipment forms a certain resistance to the rise. It is expected that the trend of domestic potassium sulfate in the near future will enter the adjustment market of supply and demand game.

Gamma Polyglutamic Acid

Propylene oxide market first stabilized and then rose, downstream rigid demands follow up and stabilize (6.16-6.23)

According to the data of the business club’s block list, as of June 23, the average price of propylene oxide enterprises was 14000 yuan / ton, which was 1.94% higher than that on June 16, 10.45% lower than that at the beginning of the month, and 22.79% lower than that on May 23.

Since the second half of June, the market of propylene oxide has been stable first and then rose. The market continued to rise on the 23rd

Since entering June, the market of propylene oxide has been weak in the first half of the month, with a decline of 12.15%. Since the second half of the month, the pressure of factory delivery is not big. The main factories are in the attitude of supporting the market, while the downstream purchasing attitude is still cautious. Under the supply and demand game, the market stops falling and stabilizes, and the market is mainly on the wait-and-see side. With the gradual increase of downstream purchasing enthusiasm, the market turnover turns better, and the negotiation focus of propylene oxide goes up. At the beginning of this week, the demand of the middle and lower reaches is relatively stable, the market rises slightly, and the market has a strong wait-and-see atmosphere, On Tuesday, some manufacturers cut the load and stopped, the market was active, and the market rose slightly again. On Wednesday, the manufacturers had no pressure, and the downstream follow-up was stable, and the market continued to rise. At present, the mainstream quotation of propylene oxide Market in Shandong is around 13300-13400 yuan / ton, and the mainstream quotation of propylene oxide Market in East China is around 13400-13700 yuan / ton.

Upstream propylene, June 23, Shandong propylene market prices stopped falling temporarily. According to the price chart of the business club, the domestic propylene market has been in a downward trend since June. Today, the low-end price has increased by about 50 yuan / ton. Now, the market turnover is around 7600-7800 yuan / ton, and the mainstream price is about 7800 yuan / ton. At present, the market transaction is stable, the downstream purchases on demand, the downstream performance is general, and the support for propylene is limited.

According to the monitoring data of the business community, the reference price of propylene glycol on June 22 was 16066.67, down 0.21% compared with June 16; As of June 22, the soft foam polyether market in Shandong rose slightly, the cost support was strengthened, the downstream inquiry atmosphere was acceptable, and the purchasing mentality was still cautious. On June 22, the mainstream quotation of common soft foam polyether market in Shandong was around 13600-13700 yuan / ton.

According to the propylene oxide analysts of business news agency, generally speaking, at present, the cost support is general, the manufacturers have no pressure, and the downstream receiving capacity is relatively stable. It is expected that the propylene oxide market may still go up in the short term, and the specific trend is more. We still need to pay attention to the market information guidance.

Gamma Polyglutamic Acid

Isooctanol prices in Shandong fell 4.39% (6.14-6.18) this week

Recent price trend of isooctanol

As can be seen from the figure above, the ex factory price of isooctanol in Shandong Province fell sharply this week. This week, the average ex factory quotation price of isooctanol in Shandong fell from 15933.33 yuan / ton at the beginning of the week to 15233.33 yuan / ton at the end of the week, a decrease of 4.39%, up 113.05% compared with the same period last year. Overall, the market of isooctanol fell sharply this week, with the isooctanol commodity index at 112.01 on June 18.

Downstream demand weakened, ISO octanol fell

From the manufacturer’s quotation, the factory quotation of Shandong’s mainstream ISO octanol manufacturers fell this week: Jianlan chemical’s quotation of ISO octanol this weekend was 15200 yuan / ton, down 600 yuan / ton compared with that at the beginning of the week; Lihuayi quoted 15200 yuan / ton of ISO octanol this weekend, down 600 yuan / ton compared with the beginning of the week; Hualu Hengsheng quoted 15200 yuan / ton of ISO octanol this weekend, down 900 yuan / ton compared with the beginning of the week.

From the perspective of the upstream and downstream industrial chain, the propylene market in the upstream raw material market of ISO octanol rose slightly this week, with the quotation rising from 7918.55 yuan / ton at the beginning of the week to 7927.64 yuan / ton at the end of the week, an increase of 0.11%, and a year-on-year increase of 16.15%. The price of raw materials in the upstream market rose slightly, affected by the supply and demand side, which had a positive impact on the price of isooctanol.

ISO octanol downstream market, DOP factory price fell sharply this week. DOP quotation fell from 13433.33 yuan / ton at the beginning of the week to 13000.00 yuan / ton at the end of the week, down 3.23%, up 79.72% year on year. The price of downstream DOP dropped sharply, the enthusiasm of downstream customers to purchase octanol decreased, and the demand for isooctanol weakened.

Insufficient demand and bearish outlook

In late June, the market trend of isooctanol in Shandong may fluctuate slightly. On the whole, the ISO octanol plants have been started in recent years, the overall operation rate of the ISO octanol industry has increased, the spot supply of ISO octanol is sufficient, but the downstream market is poor, the demand is weakened, and the supply exceeds the demand. As a result, isooctanol analysts from business news agency believe that in late June, the domestic market of isooctanol may fall slightly.

Gamma Polyglutamic Acid

Weak demand and weak price of diethylene glycol

1、 Price trend

(Figure: p-value curve of diethylene glycol product)

According to the business news agency, on June 18, the average p value of diethylene glycol market price was 6266.67 yuan / ton, down 277 yuan / ton from last Friday, down 4.23%.

On Tuesday, the price of glycol dropped slightly. Sinopec’s ex factory quotation in East China was reduced by 350 yuan / ton, and Sinopec’s ex factory quotation in South China was reduced by 150 yuan / ton.

2、 Analysis of influencing factors

As of June 15, the total inventory of diethylene glycol in the main ports of East China was 1886 tons, an increase of 506 tons or 36.67% over last Monday. With the recent increase in the narrow range of terminal arrival, the terminal inventory has picked up slightly. In the near future, new domestic plants are about to start up, and the tight domestic inventory has been eased. Although there is an export plan of 8000 tons this month, it has little impact on the overall supply side.

3、 Analysis and forecast

At present, in the off-season of demand, the terminal demand is weak. The operation rate of the downstream unsaturated polyester resin industry continues to slow down due to the seasonal influence, and the downstream purchasers are still in a state of sluggish in the off-season. The production of new domestic units will make up for the shortage of supply caused by export orders, and the overall change of the supply side is small. It is expected that the short-term diethylene glycol market will continue to be weak and volatile.

Gamma Polyglutamic Acid

The price of sodium pyrosulfite is strong this week

1、 Price trend of sodium pyrosulfite in China

According to the monitoring of the business agency, the domestic sodium pyrosulfite price is slightly stronger this week, the average price of industrial grade sodium pyrosulfite at the beginning of the week is 2016.67 yuan / ton, and the average price at the weekend is 2033.33 yuan / ton, up 0.83% slightly.

2、 Market analysis

In June, the prices of domestic soda and sulfur continued to rise, and the factory price of sodium pyrosulfite continued to rise under the support of cost. The overall transaction of domestic sodium pyrosulfite market this week was good. The market price range of industrial grade sodium pyrosulfite was 1900-2200 yuan / ton, and most of the prices were concentrated around 2000-2050 yuan / ton. Just need to support, downstream will to prepare goods is strong, Jiaoya inventory has declined, enterprises to complete old customer orders( The above prices refer to the foreign quotation of domestic mainstream enterprises. Some enterprises not reported are not within their scope for a while, and the price is for reference only. It is not related to the final price of the manufacturer. Please contact each manufacturer for details for details).

As of Friday, the domestic soda price rose 4.29% in June, sulfur price increased by 1.26%, raw material cost continued to rise, and the continued upward cost will further support the market price of sodium pyrosulfite in the future market.

3、 Post market forecast

Analysts of business society believe that, supported by cost and demand, it is expected that there is still room for the domestic market price of sodium pyrosulfite to rise in the short term.

Gamma Polyglutamic Acid

Good cost boosts PTA futures and spot prices

On June 16, the domestic futures market closed significantly differentiated, most of the energy chemicals rose, PTA rose by more than 3%, styrene and fuel oil rose by more than 2%, urea fell more than 4%; The decline of nonferrous and black systems ranked the first, with Shanghai nickel falling nearly 4%, thread down nearly 3%, hot roll, Shanghai copper and glass falling more than 2%; The oil fell, and vegetable oil fell more than 2%.

Specifically, PTA futures main force 2109 closed 4880 yuan / ton, up 148 yuan / ton, up 3.13%. Spot market followed up, with the average market price at 4843 yuan / ton, up 2.36% from the previous day, up 32.42% year on year.

International crude oil prices have constantly refreshed the high since October 2018, and in this context, PTA market has been significantly supported by cost. At the same time, with the consumption of terminal goods sources in the Dragon Boat Festival holiday, PTA circulation sources in some areas are still relatively small, which is also beneficial to the market.

Xia Ting, an analyst at business society, said that cost boost and tight spot liquidity in the short term have driven. In the later market, the end textile off-season and the expected production capacity of PTA are subject to the expectation. It is expected that PTA price will still be explored, but the increase will be narrowed.

Gamma Polyglutamic Acid

The price of ethanol market keeps rising

Corn prices high finishing, good domestic ethanol market continues to rise. According to the sample data monitored by the business agency, as of June 11, the domestic ethanol market price was 6925 yuan / ton, with a month on month rise of 4.61%, and a year-on-year rise of 20.17%.

In the short term, the price of corn is high, and the price of cassava is likely to continue to rise; In the northeast region, the price of edible ethanol will continue to remain strong under the main production fuel of large factories. In the short term, after the overhaul of individual factories in Jilin large factory, the consumption will increase slightly; The prices of enterprises in East China are high, and the contracts and orders will be executed in a short time.

In terms of raw materials, the price of corn fluctuates. In the short term, the inventory of enterprises is not high, and the price is firm under the condition of overhaul of large factories and shutdown of small factories. On the downstream side, there was no significant pick-up in downstream demand this week. This week, the start-up of domestic ethyl acetate industry decreased, individual enterprises took turns to repair, and the start-up of the industry decreased passively; Demand for Baijiu is still weak.

Latest price trends of ethanol market in different regions:

Region, category, price

Shandong Province General level 6850-6900 yuan / ton

Shandong Province Superior grade of corn 6900-7500 yuan / ton

Shandong Province Corn without water 7550-7600 yuan / ton

Southern Jiangsu General level 7000-7050 yuan / ton

Northern Jiangsu General level 6450-6500 yuan / ton

Anhui Province Cassava general grade About 6800-6850 yuan / ton

Anhui Province anhydrous About 7600-7650 yuan / ton

Guangxi region Honey alcohol 7100-7350 yuan / ton

Guangxi region 95% alcohol 6900-7200 yuan / ton

Guangxi region Anhydrous ethanol 7700-7900 yuan / ton

Guangdong area Cassava alcohol About 7200 yuan / ton

Guangdong area Anhydrous cassava ethanol About 7750-7900 yuan / ton

Guangxi region Honey alcohol 7100-7350 yuan / ton

Guangxi region 95% alcohol 6900-7200 yuan / ton

Guangxi region Anhydrous ethanol 7700-7900 yuan / ton

Guangdong area Cassava alcohol About 7200 yuan / ton

Guangdong area Anhydrous cassava ethanol About 7750-7900 yuan / ton

Guangxi region Honey alcohol 7100-7350 yuan / ton

Guangxi region 95% alcohol 6900-7200 yuan / ton

Guangxi region Anhydrous ethanol 7700-7900 yuan / ton

Guangdong area Cassava alcohol About 7200 yuan / ton

Guangdong area Anhydrous cassava ethanol About 7750-7900 yuan / ton

Heilongjiang area General grade of corn alcohol 6350 yuan / ton including tax

Jilin area Ordinary alcohol 6450 yuan / ton including tax

The price of raw material corn is strong, and some small plants in Northeast China are likely to be overhauled, while the downstream demand is insufficient. It is expected that the corn ethanol finishing operation in Northeast China will be dominated in the short term. Business community ethanol analysts expect that in the short term, the domestic ethanol market will be dominated by consolidation.

Gamma Polyglutamic Acid

PET market weak this week (6.7-6.11)

According to the data monitored by the business community, as of June 11, the average price of pet water bottle manufacturers was 6750.00 yuan / ton, and the pet market was weak. Compared with the same period last month, the price fell by 3.11%, and compared with the same period last week, the price fell by 0.98%.

This week, the pet market was weak and the price was down. The current mainstream price range is 6700-6800 yuan / ton. The cost side support is weak, the wait-and-see atmosphere is strong, the transaction atmosphere is flat, the demand is low, the follow-up efforts are insufficient, the inventory is general, the factory continues the stable trend, the downstream demand is insufficient, the number of new orders is limited, the purchasing atmosphere is flat, and the weak operation will be maintained in the short term.

Business community pet analysts believe that: in the short term, the pet market is stable, pet downstream demand is limited, the upstream is stable as a whole, and the trend will continue to be stable in the short term( To learn more about the latest market trends, please pay attention to the official account of the business community, get information on goods, and grasp the price of commodities.

Gamma Polyglutamic Acid