According to the monitoring data of the business agency, as of August 28, the average ex factory price of domestic propylene glycol was 7800 yuan / ton, which was 66 yuan / ton lower than that on August 27, and 166 yuan / ton or 2.09% lower than that on August 24.

Today’s domestic propylene glycol market weak, factory offer again narrow adjustment

On August 28th, the domestic propylene glycol market was in a weak state. The on-site inventory was still on the high side, and the sales pressure was gradually increasing. The demand for propylene glycol in the downstream was general, and only rigid demand procurement was maintained, and sporadic small orders occupied a large number. In order to increase the shipping opportunities and relieve the inventory pressure, most of the manufacturers have cut profits one after another by reducing the ex factory price of propylene glycol by 50-100 yuan / ton. At present, the ex factory price reference of propylene glycol in Shandong is around 7800-7900 yuan / ton; that in South China is around 8000 yuan / ton; that in East China is 7700-7800 yuan / ton Near.

The current market prices of propylene glycol in some areas of China are attached (data for reference only, unit: yuan / ton)

Product name up and down on 8 / 27 / 8 / 28

Propylene glycol in East China 7900 7800 – 100

South China 8100 8000 – 100

Shandong 7900 7800 – 100

It is expected that the price of propylene glycol will be weak in the short term

This month, the import volume of propylene glycol is still high, which leads to the impact of domestic propylene glycol supply, accumulated inventory and weak downstream demand. In addition, it is not heard that the factory has maintenance plan in the near future. Under various factors, it is expected that the market price of propylene glycol will be limited in the short term, and the cost of raw material epoxypropane will still be able to provide cost support. It is expected that the price of propylene glycol will be weak and stable operation will be the main factor Individual manufacturers eased inventory pressure and continued to sell at a profit, driving the market down slightly again.

According to the monitoring data of the business agency, the external price of ethylene has risen recently. The average price of ethylene on 24 days was 681.25 dollars / ton, and that on the 26th day was 683.25 dollars / ton, up 0.29%. The current price is down 8.93% month on month, and the current price is 27.08% lower than last year.

Recently, ethylene is on the rise as a whole. Asian ethylene market prices rose, as of the 26th, CFR Northeast Asia closed at 715-725 USD / T, CFR Southeast Asia closed at 685-695 USD / T. European ethylene market price rose, as of the 26th, the European ethylene market price was FD, northwest Europe closed at 662-673 US dollars / ton, CIF northwest Europe closed at 651-659 US dollars / ton. Ethylene prices in the U.S. rose to $506-518 per ton as of the 26th. Generally speaking, the ethylene market in Europe and the United States is on an upward trend, and the overall ethylene market demand is moderate, and the rise is not big.

International: on August 26, the U.S. WTI crude oil futures market prices rose slightly, with the settlement price of main contracts at $43.39/barrel, up $0.04. Brent crude oil futures market price fell, the main contract settlement price to 46.16 US dollars / barrel, down 0.13 US dollars. Oil prices were basically stable on Wednesday, weighed down by concerns about demand during the outbreak. However, oil prices were also boosted by the closure of installations in the Gulf of Mexico caused by Hurricane Laura. Under the support of cost, the external market of ethylene increased slightly.

Recently, the domestic styrene market continued to rebound and entered the delivery period at the end of the month. Driven by the rising prices of some raw materials and the cost of holding goods, some markets were reluctant to sell at low prices, and the prices of production enterprises rose again. The supporting market still had room for improvement. Recently, the domestic operating rate is still high, and the port inventory is still high, so the effect of short-term de stocking is low.

Ethylene analysts of the chemical branch of the business agency believe that: at present, the market is focusing on the impact of Hurricane Laura on American refineries and demand, and the oil price is firm at a high level. Therefore, business agency data analysts predict that ethylene external price will rise next.

According to the monitoring of the business agency: in August, hydrogen peroxide first fell and then rose. At the beginning of the month, the hydrogen peroxide market fell sharply. In the middle and late ten days, it began to pick up gradually, and the price gradually rose. Due to the large decline at the beginning of the month, the hydrogen peroxide market remained mainly down in August. At the beginning of the month, the average market price of hydrogen peroxide was 946 yuan / ton. On the 25th, the average market price of hydrogen peroxide was 936 yuan / ton, with the price falling by 1.06%.

Let’s specifically analyze the reasons for the rise and fall of hydrogen peroxide in August 2020

In the first week of August, due to the downward trend of terminal caprolactam market, the market rise of papermaking industry gradually tended to be stable. The stock market of caprolactam manufacturers and paper industry ended, and the enthusiasm of purchasing hydrogen peroxide gradually decreased, and the purchase volume decreased, which opened a sharp decline in the market. The mainstream price has dropped to 900 yuan / ton, down more than 4%.

In the middle and late ten days, the terminal caprolactam is still weak and stable, and the paper industry market is stable, and the paper industry has begun to stock the market. Hydrogen peroxide manufacturers have increased the volume of goods, prices have risen, the rise has been close to the decline at the beginning of the month. As of August 26, the mainstream price of hydrogen peroxide in Hebei Province was 950 yuan / ton, that in Shandong Province was 880 yuan / ton, and that in Anhui Province was 980 yuan / ton, which was basically the same as that at the beginning of the month.

Paper stock market starts, hydrogen peroxide market picks up

Since August, the prices of finished paper of leading paper mills such as Liwen, Jingxing and jinfenghuang have been reduced, and the price drop has spread to seven provinces. There was little trading in the base paper market, and the pressure of market sales increased. Imported paper products began to arrive in Hong Kong, which had a certain impact on the domestic market. The paper market ushered in a small decline. In the middle and late ten days, the traditional paper stock period is approaching, the paper price is relatively stable, the enthusiasm of purchasing hydrogen peroxide is rising, and the hydrogen peroxide market transaction is improving. Manufacturers begin to raise the ex factory price of hydrogen peroxide, and the price of hydrogen peroxide rises by about 30-50 yuan / ton.

Hydrogen peroxide analysts believe that: the paper industry gold nine silver ten is coming, manufacturers inventory replenishment is positive, terminal demand support, hydrogen peroxide future market growth is expected.

According to the price monitoring of the business agency, since August, the domestic raw silk market as a whole has shown a shock rise. As of August 25, the average price of raw silk market was 282550 yuan / ton, up 2.75% compared with the beginning of the month. As of August 25, the average market price was 89200 yuan / ton, down 1.44% from the beginning of the month. At present, the price of dried cocoon is 93000 yuan / ton in Jiaxing of Zhejiang Province, 285000 yuan / ton of raw silk, 85400 yuan / ton of dried cocoon and 280100 yuan / ton of raw silk in Guangxi.

The autumn cocoons in Guangxi silkworm region are about to be fully listed. The first batch of autumn cocoons in Xincheng, Guangxi, have entered the peak period of listing. It was learned from some local cocoon stations on August 24 that the local autumn cocoons have gradually increased in the past two days. At present, the average purchase price of fresh cocoons is about 30 yuan / kg, which is higher than the purchase price at the initial stage of listing. Autumn cocoons in Xuzhou District, Yibin City, Sichuan Province, have been put on the market with the purchase price of about 30-32 yuan / kg.

This year, affected by the uncertainty of cocoon and silk market, the aging of sericulture farmers and the reduction of mulberry garden area, the number of silkworm orders in Jiangsu and Zhejiang decreased. The mid autumn silkworm eggs will be released from August 20 to 21 in Jiaxing, Zhejiang Province. Jiaxing City has ordered 11746.75 mid autumn silkworm eggs, with a year-on-year decrease of 3164.25 or 21.2%. Among them, Tongxiang City, a key silkworm District, has ordered 9475.5 mid autumn silkworm eggs, with a year-on-year decrease of 2924.5, a decrease of 23.6%; Xiuzhou District has ordered 217.25 pieces of mid autumn silkworm eggs, with a year-on-year decrease of 77.75 pieces, a decrease of 26.3%; Haining City has ordered a mid autumn festival silkworm eggs There were 1690 silkworm eggs, with an increase of 180 or 11.9% over the same period of last year, which was the only increase unit in Jiaxing Sericulture Area. The mid autumn silkworm eggs in Tongzhou District, Nantong City, Jiangsu Province, were put out of the warehouse on August 25. After incubation, the silkworm eggs will be distributed to the small silkworm co breeding room on September 3, one day later than last year. 826 silkworm eggs have been ordered for the Mid Autumn Festival, with a decrease of 74 or 8.2% over the same period of last year.

From the perspective of downstream fabrics, “gold nine silver ten” is coming soon. The downstream demand of China Light and textile city will increase slightly, and the batch trial orders of fabrics in early winter will increase slightly. The enthusiasm of North and South merchants for subscription will rise slightly, and the marketing trend will increase slightly. The marketing will be weak day by day, and the overall market transaction will show a small upward trend. Therefore, it also drives the production enthusiasm of manufacturers. If the future market continues to improve, then the market inventory will slow down, but it is expected that the “quality” will certainly not be compared with the previous years.

From the industry point of view, the consumption capacity and willingness of textile and clothing have declined. According to the data of the National Bureau of statistics, in July 2020, the total retail sales of consumer goods in China totaled 322.3 billion yuan, a year-on-year decrease of 1.1%, 0.7 percentage points narrower than that of the previous month. From January to July, the total retail sales of consumer goods reached 20445.9 billion yuan, down 9.9% year on year. In terms of textile and clothing retail, the total retail sales of national textile and clothing reached 88.9 billion yuan in July, a decrease of 2.5% compared with the same period last year. From January to July, China’s total retail sales of textile and clothing exceeded 595.9 billion yuan, down 17.5% year-on-year.

In terms of export, according to the latest statistics of the General Administration of Customs of China, in July 2020, China’s textile and clothing export volume was 31.294 billion US dollars, a month on month increase of 7.79%. Among them, the export volume of textiles (including textile yarn, fabrics and products) was 15.976.9 billion US dollars, down 1.11% month on month; the export volume of clothing (including clothing and clothing accessories) was 15.3175 billion US dollars, an increase of 18.97% on a month on month basis. From January to July, China’s textile and clothing exports amounted to 156.482 billion US dollars, an increase of 5.57% over the same period of last year, of which the cumulative export of textiles was US $90.080.4 billion, with a year-on-year increase of 31.25%; and that of clothing was 66.402 billion US dollars, a year-on-year decrease of 16.58%.

Xia Ting, an analyst at the business agency, believes that at the end of the seasonal off-season in China, the demand for cocoon silk has rebounded. However, the recovery and long-term development of the domestic economy are facing unprecedented challenges. Residents’ consumption capacity and willingness to consume textile and clothing have declined significantly, and the recovery speed is slow. The profit of domestic textile industry is further compressed, and it is still in the stage of price reduction and inventory removal, and the seasonal recovery is not obvious, so the support for cocoon and silk price is relatively limited. However, with the listing of autumn cocoons in Guangxi, the cost of raw materials may form a certain support for the silk price. It is expected that in the short term, the price of cocoon and silk will show a trend of concussion and warmer.

This week, the spot tin market price (8.17-8.21) “V” type trend, the domestic market average price at the beginning of the week at 143175 yuan / ton, weekend at 143762.50 yuan / ton, the weekly increase of 0.41%.

This week, Lunxi fell to 16795 U.S. dollars / ton in the opening of the week, and recovered, with the main consolidation of 17500 dollars / ton during the week. During the week, Shanghai tin futures rose by 2050 yuan, or 1.45%, from 141480 yuan to 144540 yuan / ton.

Spot market this week “V” type trend, downstream transactions in general, market trading is relatively cold. The tight situation at the mine end remains unchanged. Myanmar’s ban has been extended to the end of August. The full resumption of production of yinman will be around the beginning of October. Thanks to the increase of tin resource tax to 4% from September 1, 2020, the shipping intention of domestic traders has been improved. In the off-season, the performance of the whole tin industry chain is general, and just in demand procurement is dominant. As of Friday, the price of the domestic main spot to Shanghai tin 2010 contract set price rose by 1000-1500 yuan / ton, the cloud lettered sticker was 500 yuan / ton to Pingshui, and the small brand was 1000-1500 yuan / ton.

According to the price monitoring of the business agency, in the 33rd week (8.17-8.21) of 2020, there are 13 kinds of commodities in the non-ferrous plate with a month on month rise and fall list of bulk commodity prices, with the top three commodities being praseodymium neodymium alloy (4.22%), praseodymium neodymium oxide (3.71%) and copper (3.31%). There were five kinds of commodities that declined on a month on month basis, with dysprosium metal (- 2.95%), dysprosium oxide (- 2.14%) and dysprosium ferroalloy (- 1.36%). This week, the average rise and fall was 0.92%.

In the aftermarket, the business associations believe that most of the downstream industries of tin are in the off-season, and the demand is more general at present. The price of tin spot market mostly follows the trend of futures market. It is expected that the future market will maintain oscillation.

According to the data monitored by the business agency, as of August 21, the average price of domestic power lithium iron phosphate was 37000.00 yuan / ton. The domestic power type lithium iron phosphate ran smoothly with limited demand. Orders increased and the price remained stable.

The market price range of lithium iron phosphate power is 34500-37000 yuan / ton, the price is stable, the supply and demand is balanced, and the demand is general. At present, the price range of energy storage lithium iron phosphate is 28000-31000 yuan / ton, and the average price is about 29500 yuan / ton. At present, the quotation of power type lithium iron phosphate enterprises is 37000 yuan / ton of Guangdong Optical Technology Co., Ltd., 37000 yuan / ton of Foshan Defang Nano Technology Co., Ltd Teri new energy materials Co., Ltd. is 37000 yuan / ton. In the past two years, domestic lithium iron phosphate technology has been continuously improved. Lithium iron phosphate battery has cost advantages. With the continuous breakthrough of lithium iron phosphate density, its safety and recycling have been better played. There is a very broad space for lithium iron phosphate in vehicle market.

The overall operation of upstream lithium carbonate is stable. At present, the mainstream price range of industrial grade lithium carbonate is 33000-37000 yuan / ton, with a slight increase. The mainstream price range of battery grade lithium carbonate is 39000-40500 yuan / ton, and the price remains stable.

On August 20, the commodity index of lithium carbonate was 101.91, unchanged with yesterday, down 74.84% from 405.10 (January 07, 2018), and 3.42% higher than the lowest point of 98.54 on October 16, 2014. (Note: period refers to 2011-09-01 to now)

The chemical index on August 20 was 680 points, up 1 point compared with yesterday, 33.07% lower than the highest point 1016 (2012-03-13), and 13.71% higher than the lowest point 598 on April 8, 2020. (Note: period refers to 2011-12-01 to now)

Business Club lithium iron phosphate analysts believe: lithium iron phosphate market prices remain stable in the short term, just need to purchase. (the above prices are provided by major lithium iron phosphate manufacturers all over the country and analyzed by business lithium iron phosphate analysts for reference only. Please contact relevant manufacturers for more price details.)

1、 Price trend

Price: the mainstream quotation of GPPS is 7650-8900 yuan / ton, and that of hips is 8700-9700 yuan / ton.

2、 Market analysis

The market trend is light and the price is stable temporarily. The downstream continues to purchase on demand, and the overall trading performance of the market is poor. Business bearish after the market, the actual operation of more stable down.

3、 Future forecast

PS market runs smoothly, the demand of downstream buyers is not high, in the case of low shipment, adhere to short-term cautious operation. On the other hand, due to some petrochemical factory offers continue to decline, the spot market support is insufficient. It is expected that the PS market will continue to adjust downward.

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.