According to the data monitored by the business agency, as of August 18, the comprehensive price of PC market was 13966.67 yuan / ton. The price of domestic PC market was up, and the overall atmosphere was fair. Compared with the same period last week, the price of PC was up 2.7%, 1.7% compared with the same period of last month, and the overall increase was more than 200 yuan / ton.

The focus of domestic PC market negotiation has shifted upward, and the overall purchasing atmosphere is positive. At present, the operating rate is low and the supply side is tight. The rising trend may continue and can not fall back in the short term. At present, the market price in East China is 13500-15050 yuan / ton, and the middle and high-end prices are between 15000 yuan / ton and 16000 yuan / ton. The overall atmosphere of PC is good, and it may continue to rise in the short term. The latest price of the enterprise is 13500 yuan / ton of Luxi Chemical, 13600 yuan / ton of Lihua yiweiyuan, and 14800 yuan / ton of Shanghai Kesi, with smooth shipment.

The upstream bisphenol market price trend is weak, the transaction atmosphere is not good, and the negotiation atmosphere is cold. The reference price of the East China market is around 9800-9850 yuan / ton, and the profits are mainly sold by single.

On August 17, the chemical index was 677 points, unchanged with yesterday, down 33.37% from the cycle’s highest point 1016 (2012-03-13), and 13.21% higher than the lowest point of 598 on April 8, 2020. (Note: period refers to 2011-12-01 to now)

Business agency PC analysts believe: the PC market is expected to maintain an upward trend in the short term. (the above prices are provided by major PC manufacturers all over the country and analyzed by business PC analysts for reference only. Please contact relevant manufacturers for more price details.)

From August 10 to 14, 2020, the crude benzene market price will be slightly adjusted. The factory price in North China will be at 2492.50 yuan / ton at the beginning of the week and 2481.25 yuan / ton at the weekend, with a weekly decrease of 0.45%.

Summary of price adjustment of pure benzene in Sinopec (North China) in July 2020 (unit: yuan / ton)

Price adjustment amount after date adjustment

August 5 3400 + 100

August 14 3300 – 100

On August 14, 2020, the price of pure benzene of Qilu Petrochemical (Sinopec North China) will be reduced by 100 yuan / ton, and the price will be 3300 yuan / ton after adjustment.

Crude oil rose earlier this week. However, in the second half of the week, major institutions have successively lowered their forecasts for global crude oil demand this year, dragging down oil prices. Compared with August 7, Brent was up $0.255/barrel, or 0.58%, and WTI was up $0.82/barrel, or 1.98%. Compared with December 31, 2019, Brent decreased by 33.33%, and WTI decreased by 30.38%. International crude oil market this week in the overall shock trend. In terms of pure benzene, the external market fluctuated lower this week, and the market confidence was weak. Sinopec lowered the ex factory price of pure benzene by 100 yuan / ton on the 14th, while the pure benzene market this week fluctuated and fell by about 2%. In terms of market supply, the port inventory in East China continued to rise this week. The pure benzene Market in East China remained under pressure, and the crude benzene fundamentals were slightly under pressure. The overall crude benzol Market this week was mainly weak and stable. The bidding price was slightly reduced by 15 yuan / ton, and the price was about 2510 yuan / ton as of Friday.

Downstream: in recent years, there are still a lot of overhauling in hydrogenated benzene enterprises, and the pressure of price rising of hydrogenated benzene enterprises is large, and the support for crude benzene is limited. Upstream: this week, coking enterprises have better profits, higher operating rate, relatively stable crude benzene production and better market supply.

In terms of aftermarket, the business agency believes that the cost pressure of downstream hydrobenzene enterprises is still large, the external pressure of pure benzene market remains, the fluctuation of crude oil price is not good enough, the pure benzene market is under pressure as a whole, and the crude benzene market is expected to stabilize temporarily in the short term.

1、 Price trend

According to the monitoring data of business agency, the average ex factory price of domestic chlorinated paraffin 52 grade I product was 4766 yuan / ton on August 10, and 4733 yuan / ton on August 14, respectively, with the price falling by 0.70% this week. .

The commodity index of chlorinated paraffin on August 14 was 70.47, unchanged with yesterday, 35.60% lower than 109.43 (2013-12-03), and 10.37% higher than the lowest point of 63.85 on September 26, 2016. (Note: cycle refers to 2012-06-01 to now)

2、 Market analysis

Chlorinated paraffin prices fell this week. The factory quotation of chlorinated paraffin 52 in Jiangsu Province is 4600-5200 yuan / ton, that in Hebei Province is 4000-4800 yuan / ton, and that in Henan Province is 4300-5300 yuan / ton. The factory quotation of chlorinated paraffin 52 in Northeast China is 4400-5300 yuan / ton. The factory quotation of chlorinated paraffin 52 in Shandong Province is 4500-4900 yuan / T. The factory quotation of chlorinated paraffin 52 in Northwest China is 4600-5400 yuan / ton. The factory quotation of chlorinated paraffin 52 in East China is 4500-4800 yuan / ton. The factory quotation of chlorinated paraffin 52 in North China is 4200-5000 yuan / ton. The factory quotation of chlorinated paraffin 52 in South China is 4500-5000 yuan / ton.

This week, the overall market of raw materials is stable, with little change. The price of liquid wax is high and stable, or has a downward trend. The trend of raw material liquid chlorine is stable, and some areas are slightly adjusted.

3、 Future forecast

Business Club chlorinated paraffin analysts believe that the current market for chlorinated paraffin raw materials is stable, the downstream demand is slow, and the price is steadily falling. The operating rate of chlorinated paraffin was improved. It is expected that the chlorinated paraffin market will maintain stable operation in the short term.

According to statistics, the price of nylon fiber decreased by RMB 1.2578/t/dty, down by RMB 1.2578/t compared with the same period of last month, and the price of nylon fiber decreased by RMB 1.2578/t compared with the same period of last month.

US crude oil inventory decreased significantly, combined with the weakening of the US dollar, crude oil prices continued to rise, and pure benzene rose. Cyclohexanone in the cost support, the same upward, traders trading atmosphere is relatively stable, price adjustment is not much, more small single transactions. On August 11, Sinopec raised the advance collection price of caprolactam by 100 yuan to 9700 yuan / ton due to the recovery of upstream and holding price.

As of August 12, the price of cyclohexanone increased by 100 yuan / ton or 1.78%, caprolactam price decreased by 150 yuan / ton, or 1.57%, and PA6 decreased by 67 yuan / ton, or 0.61%. Although the raw materials have different degrees of recovery, but the demand of downstream slicing plants is weak, and most of them are based on bargain hunting strategy. The improvement of PA6 trading volume is limited. Businesses are generally bearish on the future market, and the operation of reducing profits and reducing stocks is the main operation. Most nylon manufacturers keep the price for shipment. From the perspective of raw material cost recovery, the price holding situation of manufacturers increases. Some manufacturers have a small price adjustment in July. In August, they cater to the market, and the quotation center shifts downward. Trading is limited, wait-and-see mentality is strong, bargain hunting, small-scale procurement is still the main operation strategy.

Business agency analysts believe that in early August, nylon filament prices continue to be weak adjustment, but crude oil rose steadily, upstream raw material price support is strong, nylon is expected to be stable in the short term.

According to the monitoring of the bulk data of the business agency, due to the impact of enterprise maintenance, the market of ethyl acetate in East China has risen steadily. As of August 12, the average price of enterprises in East China was about 5682 yuan / ton, up 1.47% compared with the beginning of the month and 1.93% higher than the same period of last month.

Affected by the market situation of oversupply and high cost in the early stage, some production enterprises have suffered from passive losses. Recently, the parking and maintenance of ethyl acetate enterprises in Shandong Province has greatly alleviated this situation. The enterprises have raised the factory price in accordance with the trend, while the downstream market has a good buying and rising mentality, so the market trading is gradually active. At present, the East China region is about 5700 yuan / ton, and the North China region is 5400-560 yuan 0 yuan / ton, and 5900 yuan / ton in South China.

In terms of raw materials, the acetic acid market is affected by enterprise overhaul, and the market bearish mentality slows down, and the price of acetic acid stops falling and stabilizes. With the completion of enterprise overhaul and the overall high inventory of the market, negative factors still exist in the future. The ethanol market has been consolidated at a high level, and the raw material corn is still at a high level. Some large factories have successively issued maintenance plans. However, the weak demand in the downstream market has led to a downward trend in the price of ethanol, which is about 6175 yuan / ton at present.

Internationally, the overall performance of international ethyl acetate is relatively stable, among which the port price of European market is about 750 euro / ton; the port price of North American market is about 610-660 US dollars / ton.

According to the analysts of ethyl acetate of business club, the current domestic ethyl acetate Market has a strong wait-and-see atmosphere, and the recent decline in raw material prices does not support ethyl acetate. The active purchasing in the downstream market in the early stage has alleviated the inventory pressure of enterprises to a certain extent. It is expected that the price of ethyl acetate will remain firm in a short time, and it is still necessary to pay attention to the market situation of raw materials and the production situation of enterprises in the future.

According to the monitoring data of business agency, since July, hydrogen peroxide has been on a long decline Road, and the price has been bottoming out all the way. Until August 11, the hydrogen peroxide market rose slightly, but it was still difficult to block the sharp decline. The overall market was still down, and the rebound was weak. The price dropped to 900 yuan / ton. As of August 11, the average price of hydrogen peroxide in the domestic market was 913 yuan / ton, down 12.18% from the price in early July.

Terminal demand falls, hydrogen peroxide falls

Since July, the market of hydrogen peroxide terminal caprolactam has continued to decline, with a decline of more than 9% as of August 11. Due to the poor market, some caprolactam manufacturers have been shut down for maintenance, Pingmei Shenma caprolactam new line is normal, the old line is stopped production. The amount of dioxygen in terminal caprolactam procurement decreased. In addition, there were more rainfall in August, the logistics was blocked, the export volume of hydrogen peroxide decreased, and the demand continued to be weak, so the hydrogen peroxide market was suppressed.

Compared with caprolactam, the other downstream paper industry of hydrogen peroxide also stopped rising in August. Although the paper industry has the idea of rising, the acceptance of the terminal market is low, the market is mainly wait-and-see, and the paper market continues to be weak and stable. From August 1 to 11, the paper price dropped by more than 1.6%. The paper market is weak, the stock volume of hydrogen peroxide in paper mills is general, and the purchasing enthusiasm is declining, so the market of hydrogen peroxide is limited.

Manufacturers have stopped for maintenance and hydrogen peroxide market has recovered

After July, the market of hydrogen peroxide dropped greatly and the terminal demand was poor. In August, in the traditional maintenance season of hydrogen peroxide manufacturers, some manufacturers successively stopped for maintenance. During the shutdown and maintenance of Dezhou Shihua and Anhui quanshengjun, a set of open water Dahua device was started. Due to the manufacturers’ parking for maintenance, the market supply pressure was relieved, and the hydrogen peroxide market was slightly improved this week. Hebei Zhengyuan hydrogen peroxide price rose, with an external quotation of 900 yuan / ton and a price increase of 40 yuan Yuan / ton. Hydrogen peroxide in Anhui is relatively stable, while the market of hydrogen peroxide in Shandong is slightly lower. The mainstream quotation is 860 yuan / ton, and the price is down 20 yuan / ton.

The company’s name rose and fell on August 11 compared with the beginning of August

Shijiazhuang Baipo Zhengyuan fertilizer Co., Ltd. 900 yuan / ton + 40 yuan / ton

Luxi Chemical Group: 860 yuan / ton – 20 yuan / ton

Anhui Quansheng Chemical Co., Ltd. parking maintenance-

Anhui Jinhe Industrial Co., Ltd. 950 yuan / ton unchanged

Shutdown maintenance of Dezhou Shihua Chemical Co., Ltd-

Li Bing, hydrogen peroxide analyst of business club, believes that: some manufacturers of hydrogen peroxide terminal paper industry have issued price increase letters and are eager to increase prices. In addition, hydrogen peroxide manufacturers stop for maintenance, and the profit factor is dominant. Hydrogen peroxide is still expected to usher in an increase in late August, and the price rebound may become an inflection point this week.

According to the monitoring of the bulk data of the business agency, the market of dichloromethane in Shandong continued to rise this week. At the beginning of the week, the average price of dichloromethane in Shandong was about 2180 yuan / ton, and it rose to about 2260 yuan / ton at the weekend, with an increase of 3.67% during the week and 6.6% compared with the same period of last month.

Production capacity and operation of the enterprise

Jinling, Shandong: 440000 tons / year, 80%

Dongying Jinmao 120000 tons / year parking

Luxi Chemical Industry: 400000 tons / year: 50%

Dongyue, Shandong: 280000 tons / year: 60%

Jiangxi Liwen: 120000 tons / year: 70%

Jiangsu Liwen 160000 tons / year full load

Jiangsu Meilan 200000 tons / year 70%

Quhua, Zhejiang: 300000 yuan / year: 70%

Zhejiang Juhua: 300000 tons / year: 50%

This week, the overall market of dichloromethane in Shandong started smoothly, and the market supply improved. Affected by the implementation of export orders in western Shandong, the domestic sales in the region were limited, which was good for the price support of dichloromethane in Shandong. In addition, the downstream market and traders’ replenishment increased, the enterprise inventory pressure decreased, and the overall offer was firm. At present, the price of dichloromethane in Shandong is about 2260-2360 yuan / ton, that of Jiangsu Liwen is about 2850 yuan / ton, and that of Jiangxi Liwen is about 2400 yuan / ton.

In the upstream market, the methanol market is weak and downward. With the gradual recovery of market supply, the market bearish mentality is intensified, at present, it is about 1632 yuan / ton; the liquid chlorine market is gradually weakening, and enterprises are starting to improve, but the downstream market demand has not been followed up, and the price of liquid chlorine continues to decline, with the current average price of 300-600 yuan / ton.

The market of downstream refrigerant of dichloromethane continued to decline, and now it has reached the bottom. The automobile market continues to be depressed, the demand is weak, the market trading center is moving down, and the transaction atmosphere is light. The market supply is sufficient, and there are new production capacity coming into the market. The competition is fierce, and the supply side gradually forms a negative situation, and the price is constantly falling. The pharmaceutical and agricultural solvent industry starts to operate smoothly, and there is insufficient support for dichloromethane.

Business Club methane chloride data analysts believe that, at present, the inventory pressure of dichloromethane enterprises in Shandong is not big, and the enterprises intend to raise the price. However, the downstream market demand is still insufficient. It is doubtful about the intention to accept the high price of dichloromethane. It is expected that dichloromethane will rise steadily in the short term, with little room for growth.

The domestic butadiene market fluctuated slightly. According to the price monitored by the business agency, the domestic butadiene market price was 4473 yuan / ton at the beginning of the week and 4451 yuan / ton at the weekend, with a decrease of 0.50% during the week. The price increased by 28.15% month on month compared with the same period last month, and decreased by 54.99% compared with the same period last year.

This week, the domestic butadiene market continued to fluctuate slightly. With the recovery of northeast supply of goods for export, the northern market spot supply slightly increased, dragging the market down slightly. East China is supported by strong external offer, and the offers of middlemen are mainly stable. Although some goods are sold at a slightly lower price, after the delisting of low-priced goods, the offer is firm before the market recovers. During the week, Puyang Bluestar device was restarted, and the upstream device of Liaoning Baolai was started, and the supply side news was relatively empty. However, the transaction of North Huajin at the node of Thursday significantly boosted the mentality of some businesses.

In terms of enterprises, Sinopec East China butadiene supply price was stable at 4700 yuan / ton; Dalian Hengli butadiene plant was operating stably with the price of 4410 yuan / ton, which was stable on a month on month basis; a small amount of butadiene from Shenhua Ning coal was exported, and the price was at 3510 yuan / T, down 390 compared with last week The results show that the listed price of butadiene in Zhejiang Petrochemical Company is 4350 yuan / ton, the unit is in normal operation and the supply contract is available; Puyang Bluestar butadiene extraction unit with a capacity of 50000 tons / year was put into operation on August 5, and there is no product output, so please continue to pay attention to the sales situation; Liaoning Baolai cracking unit started operation on August 5, and its 120000 T / a butadiene extraction unit is put into operation, please continue to pay attention to the commissioning situation; North China The 120000 T / a butadiene plant of Jinjin is in normal operation, 520 tons of goods are sold through competitive bidding, and the bottom price is 4110 yuan / ton.

Industrial chain: styrene butadiene rubber: this week, the mainstream ex factory price of domestic emulsion styrene butadiene rubber sales companies rose, with the mainstream increase of 200-400 yuan / ton. The main ex factory price of 1502 styrene butadiene in China is 8000-8100 yuan / ton. This week, the operating rate of styrene butadiene unit was around 64% (of which the operating rate of emulsion polymerized styrene butadiene unit was around 7.1%); the styrene butadiene rubber plants in Qilu, Yangzi, Jihua, Fushun, Lanhua, Weitai, Shenhua, Yibang and Bridgestone were all in normal operation; in addition, the styrene butadiene rubber plants of Tianjin Lugang and Fuxiang Chemical Co., Ltd. continued to shut down.

CIS polybutadiene rubber: this week, the domestic mainstream sales company of high CIS polybutadiene rubber ex factory price rise; domestic high CIS polybutadiene rubber mainstream factory supply price rose to 7950-8100 yuan / ton, the increase in 200-300 yuan / ton. This week, the domestic high CIS polybutadiene rubber operating rate increased to around 68%, 2% higher than that of last week. During the week, the operation load of Yanshan CIS polybutadiene rubber plant increased successively, and the high CIS polybutadiene rubber operating rate of this cycle increased again in a narrow range. It is expected that the overall operating rate will continue to increase after mid to late August with the restart of Huayu CIS polybutadiene rubber plant.

The downstream staged rigid demand has certain support for the spot market, but with the restart of some manufacturers’ devices and continued export sales, the supply side of the market in the later stage is expected to increase. The news of this week’s price increase has boosted the market in recent days. Butadiene analysts from the business club predict that the supply price and market performance may be strong at the beginning of next week. However, in the middle and late part of the week, considering the supply increase expectation and the follow-up of downstream transactions, the market may fall slightly. It is recommended to pay close attention to the market supply information and transaction guidance.

1、 Price trend

2、 Market analysis

According to the data of the business agency, the market of potassium sulfate in Hebei is stable this week, and the potassium sulfate of Mannheim is produced: About 2550% powder with 50% powder; about 2650 with 50% granule and 52% water soluble powder. The report station of potassium sulfate manufacturer of water salt system: Qinghai 50% powder 2300, Xinjiang state investment Luoke 52% powder potassium sulfate quotation is 2550-2600 yuan, 52% granular potassium sulfate quotation is 2700-2750 yuan, because the maintenance work is in progress, the company’s inventory is declining and will not resume production at the end of September. At present, the price of Mannheim potassium sulfate and enterprise operating rate are stable. The domestic potassium sulfate Market maintained a strong trend, and the processing factories started higher, but recently, the transaction of new orders slowed down, the factory was basically in the state of no inventory, and most of the early orders were in shipment.

3、 Future forecast

Business Club potassium sulfate analysts believe: the potassium sulfate Market is in a stable situation, is expected to maintain stable prices in the short term.

Domestic methanol market rose and fell slightly in July. According to the price monitoring of the business agency, the domestic methanol market price was 1625 yuan / ton at the beginning of the month and 1640 yuan / ton at the end of the month, with an increase of 0.92% during the month and a decrease of 16.75% compared with the same period last year.

In July, the methanol market continued to fluctuate. Although the market in the first ten days went up slightly, the market in the last ten days dropped rapidly and the previous low level. In the first ten days, affected by the centralized maintenance of methanol plant and low port inventory, the methanol market rebounded, and Inner Mongolia and other places rebounded to around 1450 yuan / ton. In the late ten days, with the recovery of methanol plants, the postponement of the start-up of olefin units in Luxi, Shandong Province, and the temporary shutdown of srbon, the market mentality turned weak and the price dropped rapidly.

In terms of industrial chain, formaldehyde: the domestic formaldehyde market fluctuated in a narrow range this month. In the month, the raw material methanol surface rose strongly, and the cost of purchasing raw materials by formaldehyde factories increased. Supported by this, the formaldehyde market passively followed the rise. Due to the influence of high temperature and rain, the start-up load continued to be low, so the demand for formaldehyde did not increase significantly. In the middle of the month, the upstream raw materials continued to be strong and upward trend was obvious, but formaldehyde was difficult to follow up. The main reason was that the central environmental protection supervision and control were met in the field and the downstream timber was weak due to the rainy season. The overall demand was weak. The formaldehyde industry thought that the high price offer was not significant, so the market continued smoothly. At the end of the month, with the entry of environmental protection control, environmental protection pressure was serious, some downstream plate factories stopped production for rectification, and formaldehyde enterprises in different regions showed a situation of mutual repulsion.

Acetic acid: the domestic acetic acid market rose sharply in July. At the beginning of the month, the acetic acid plants of Jiangsu Sopu and Shanghai Huayi failed unexpectedly. At the beginning of the month, all manufacturers needed to deliver the contracted goods, which led to the shortage of market supply. While the downstream demand was stable, the inventory quantity of each manufacturer was low, which pushed up the price gradually.

Dimethyl ether: the domestic market price of dimethyl ether rose and fell in this month. In the first ten days of the middle of the month, Qinyang Shengxin dimethyl ether plant was in normal operation, while the maintenance of Yima Kaixiang device at the same time had little impact on Henan area, and the inventory pressure of enterprises was not great. Driven by the mentality of buying, the prices began to rise continuously, and the prices in Hebei, Shandong and other regions continued to rise. After entering the middle of the year, due to the lack of support for terminal demand, the market continued to fall into a weak situation. In order to avoid the downward price, BMW and xinlianxin began to implement a minimum guarantee policy, so as to protect the market price laterally and prevent the low price from disturbing the market price.

At present, due to the historical low price of methanol, some methanol plants with backward process and high cost are shut down; most of the international methanol plants are stable, and the import volume is expected to remain high in August; the traditional downstream demand is general, and formaldehyde enters the traditional off-season. Under the premise of no inventory reduction, it is difficult for the methanol market to reach the bottom. At present, the supply of methanol market at home and abroad is increasing, while the demand is weakening, and the fundamentals of methanol supply exceeding demand are highlighted. Methanol analysts of the business agency predict that the domestic methanol market will bottom again in August, and it is not ruled out that there is the possibility of falling below the new low.