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.

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.

Price trend:

According to the data of the business club’s block list, the domestic ABS market fluctuated and adjusted in early June. At present, most brands of products have been reduced. As of June 10, the average price of general ABS mainstream offer was about 17975 yuan / ton, with a decrease of 0.42% compared with the average price at the beginning of the month and a rise of 35.15% compared with the same period last year.

Factor analysis:

Raw material styrene, domestic styrene to undertake the high fall in May market, continued to decline in the early part of this month. The current inventory position is low, the tight spot supply pattern is maintained, and there is support for the spot. Raw material pure benzene finishing operation, support for styrene is OK. With the end of styrene paper delivery in May, the market entered the weak market of supply and demand, and the lower reaches bought up but not bought down, and the trading momentum declined. It is expected that in the short term, the styrene market will still be in the shock finishing stage after the rapid rise and fall.

For upstream butadiene, the domestic butadiene market was strong in early June. Business offer high, north-south price difference caused by East China source transaction is not smooth. Demand follow-up is limited, dragging the focus of offer. According to the monitoring sample data of the business community, as of June 9, the domestic butadiene market price was 8163 yuan / ton, with a month on month rise of 19.35%, and a year-on-year rise of 114.76%. In terms of price, the delivery price in central Shandong is about 8750-8850 yuan / ton; In East China, the self raised price of cans dropped slightly to about 8350-8450 yuan / ton. It is difficult to promote high price source trading, and traders are cautious in operation. Butadiene market is expected to enter the weak finishing market.

In early June, the price of ABS cost side was mixed, and the overall support for ABS cost side was general. Of course, the production equipment maintenance plan and start-up and return to work are intertwined, which has limited impact on the supply side. In the off-season of traditional consumption, the demand shortage of ABS is difficult to open, and the overall trading atmosphere of the market is lower. Downstream enterprises follow up the downsizing, and tend to buy up but not down. The market as a whole is short and the offer is weak.

Future forecast:

Business analysts believe that: in early June, the ABS spot market was weak and volatile, and the spot price was generally down. The trend of raw materials is mixed, and the support of ABS cost side is general. At present, it is the off-season of ABS industry, the demand of end users is shrinking, and the shipping resistance of enterprises and businesses is increasing. It is expected that the ABS spot market may continue to be short in the near future.

According to the monitoring data of the business community, as of June 9, the factory price of domestic industrial grade propylene glycol reference 15333 yuan / ton, compared with the price on June 8, the average price increased by 300 yuan / ton, or 2%, compared with the price on June 1, the average price decreased by 670 yuan / ton, or 4.17%.

In May, the domestic industrial grade propylene glycol market was depressed by both raw materials and demand, and the market price went down all the way, with a monthly decline of 11.06%.

Supply decreases and demand increases, propylene glycol market rebounds

In June, a few days ago, due to the continuous weak market of propylene oxide, the cost support for propylene glycol was insufficient. Facing the continuous decline of raw materials in the downstream, the wait-and-see sentiment increased, and the demand was cautious. On July and August, the market of propylene glycol fluctuated and adjusted. Individual manufacturers in Shandong continued to lower the order price, and the low-end transaction price was around 14400-14600 yuan / ton. On June 9, the wind direction of propylene glycol market suddenly turned and the market rebounded. The main reasons for the rebound were the shutdown of propylene glycol plants in Anhui Province, the decrease of propylene glycol spot supply, and the news that Zhejiang plants also had a parking plan in the latter ten days. As a result, the enthusiasm for downstream goods preparation increased and the demand increased, the market price of propylene glycol increased by 300-500 yuan per ton, The factory price of propylene glycol in Shandong is about 15000-15600 yuan / ton (loose water).

Upstream epoxy propane, epoxy propane market fell in May, into June market continued to decline. In recent years, the overall operating rate of propylene oxide is high, the supply side is abundant, but the demand side is insufficient to follow up. In the process of price decline, the downstream risk aversion is heavy, the market is more wait-and-see, the trading rhythm slows down, and the focus of market negotiation is gradually lower. At present, the mainstream price of propylene oxide Market in Shandong is around 13500-13700 yuan / ton, and the mainstream price of propylene oxide Market in East China is around 13700-13900 yuan / ton.

Lack of sustained support for demand, it is expected that propylene glycol will mainly maintain stability in the short term

At present, the overall operating rate of the propylene glycol plant is low, the short-term supply pressure on the site is small, the spot supply is tight, and orders are arranged frequently and orders are received on time. On the downstream side, after the short-term replenishment, it is difficult for the downstream to have a large-scale hoarding phenomenon in the next holiday period, and it is expected that most of them will continue to purchase just in need. Therefore, the propylene glycol analysts of the business community believe that the supply of propylene glycol will continue, Propylene glycol market continued to rise slightly weak momentum, stable consolidation operation in the short term.

According to the sample data monitored by the business community, the domestic ethanol market price was 6637 yuan / ton on May 1, and the domestic butadiene market price was 6787 yuan / ton on May 31, with an increase of 2.26% and a year-on-year increase of 17.53%.

The market of ethanol in Northeast China is up, the market of ethanol in East China is up, the market of ethanol in Henan is down, the market of molasses in South China and Guangxi is up, the market of ethanol in Dongguan is strong, the market of ethanol in Anhui is up, and the market of ethanol in Sichuan is up, The price of ethanol market in Yunnan is weak.

From the perspective of raw material corn, the raw material corn market rose mainly this month, the grass-roots surplus in the northern production areas basically bottomed out, the purchase volume of grain enterprises decreased significantly, and the bullish sentiment of corn market increased, which led to the rise of corn prices. In terms of demand, the domestic ethyl acetate market fell first and then rose in May. In the early stage, the market price was on the high side, which led to the downstream’s resistance to the purchase of ethyl acetate, the insufficient transaction of new orders in the market, and the overall support of raw materials was limited. All aspects of the ethyl acetate Market tended to be bad, and the market was passive and continued to go down one after another, and the weakness lasted until after the middle of the month.

Logistics prices rose slightly this month, and vehicles from northeast to Shandong and East China are hard to find. By the end of the month, the price of shipping from Jilin to Shandong is 300-320 yuan / ton, and from Heilongjiang to northern Jiangsu is 400-450 yuan / ton, with little change in shipping price.

Latest price trends of ethanol market in different regions:

Region, category, price

Henan Province Top grade 6830-6850 yuan / ton, tax included

Henan Province Anhydrous ethanol 7400-7650 yuan / ton including tax

Hebei Province General level 6900-6950 yuan / ton

Hebei Province No water in coal 7600-7700 yuan / ton

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

Jilin area Ordinary alcohol 6450 yuan / ton including tax

Guangxi region Honey alcohol 7150-7300 yuan / ton

Guangxi region 95% alcohol 7150-7300 yuan / ton

Guangxi region Anhydrous ethanol 7650-7900 yuan / ton

Guangdong area Cassava alcohol About 7200 yuan / ton

Guangdong area Anhydrous cassava ethanol About 7750-7850 yuan / ton

Shandong Province General level 6650-6700 yuan / ton

Shandong Province Superior grade of corn 6800-7400 yuan / ton

Shandong Province Corn without water 7450-7500 yuan / ton

Southern Jiangsu General level 6950-7000 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

Sichuan area Corn alcohol About 7400-7500 yuan / ton, including tax

Yunnan Province Molasses alcohol 6800 yuan / ton

Yunnan Province Cassava alcohol About 6900 yuan / ton

The price of corn fluctuated. In June, the northeast Jilin large factory had a start-up plan, and the Heilongjiang small factory continued to shut down. The fuel output of the large factory increased. In the short term, the price was strong under the support of cost. Business community ethanol analysts expect that the domestic ethanol market volatility finishing.

According to the monitoring of business news agency, the price of activated carbon was 9166 yuan / ton at the beginning of this week, and 9133 yuan / ton at the end of this week, down 0.36%.

At present, the ex factory price of activated carbon for coconut shell water purification in East China is between 9500-12500 yuan / ton; Domestic activated carbon downstream on demand, the market is lack of good news support, the downstream is mainly wait-and-see.

The raw materials of activated carbon are rich, including coal, sawdust, fruit shell, straw, etc.

Forecast: the downstream demand of the activated carbon market is general, and the floor trading lacks a positive boost. It is expected that the short-term activated carbon market will be dominated by weak operation.

According to the monitoring data of business society, as of May 31, the average price of n-butanol in Shandong Province was 14066 yuan / ton. Compared with the price of 1 may (the average price of n-butanol reference is 13000 yuan / ton), the average price increased by 1066 yuan / T, an increase of 8.21% in a month.

Butanol rose more than 24% in early May

After labor festival in early May, the domestic market of n-butanol rose sharply, mainly due to the maintenance of n-butanol unit, the overall plant operating rate is low, and the demand of users of butyl acrylate in the downstream is stable to support n-butanol. The spot supply of n-butanol is tight, and the market has seen a shortage of supply. Therefore, the price of the factory offer rose 19.54% on the third day after the saving. After that, the market has not stopped rising, and the price keeps approaching the high end. As of the 15th, according to the monitoring data of business society, the average ex factory price of n-butanol has risen to 16166 yuan / T, which is more than 24% in half month compared with the beginning of the month.

Downstream start-up reduces the transmission of n-butanol hindered, and the market of n-butanol gradually falls back in late May

In late May, the high price of n-butanol brought great cost pressure to the downstream. The downstream started to decrease gradually, and the downstream production reduction increased, and the transmission of n-butanol was blocked. Starting on 17, the domestic market price of n-butanol fell sharply for a week. On 22, the average price of n-butanol dropped to 14033 yuan / ton. In 5 days, the drop of n-butanol reached 13.02%, The butanol market experienced a sharp fall after a big rise. Near the last week of the end of the month, the main n-butanol plant transaction increment, the downstream procurement atmosphere improved. On 24, the market price of n-butanol rose slightly, the market supply was tight, the market was slightly volatile to the end of the month. As of 31, the average price of domestic n-butanol factory was 14066 yuan / T, up 1066 yuan / T compared with the beginning of May, with a monthly increase of 8.21%.

Upstream, according to the data of the large list of business agencies, domestic propylene (Shandong) market prices continued to rise this month and fell. The price at the beginning of the month is 8055 yuan / ton, the month end is the monthly low price, 7781 yuan / ton, and the monthly decline is 3.40%; May 13 is the monthly high price, 8378 yuan / ton, with a monthly amplitude of 7.13%. The domestic medical history market continued to stabilize in the first two days of May 1, and the price remained stable from 3 to 7 days, while the price remained stable again after the price rose slightly on the 13th. On the 17th, the price of 50 yuan / ton decreased, and on 19 and 20 days, it decreased by about 100 yuan / ton. From 23, the price of propylene rose by 50 yuan / ton per day, and the price continued to stabilize on 25 days, The price of manufacturers began to decline continuously from July 27, falling 50-100 yuan / ton per day. At the end of the month, the market transaction reached 7670-8250 yuan / ton, and the mainstream price was about 7750 yuan / ton. There is not much stock in the market, and some equipment maintenance is still not finished, and no external quotation is temporarily made. At the end of the month, the price of propylene fell significantly. Domestic propylene (Shandong) market prices have tumbled after a continuous rise this month, according to data from the business agency’s bulk list. The price at the beginning of the month is 8055 yuan / ton, the month end is the monthly low price, 7781 yuan / ton, and the monthly decline is 3.40%; May 13 is the monthly high price, 8378 yuan / ton, with a monthly amplitude of 7.13%.

Supply reduction, trading and investment to good short-term n-butanol market is expected to increase

At present, it is reported that some n-butanol units are delayed to start and the supply in the site is reduced. If the downstream normal replenishment is normal, the trading climate is still acceptable. The analysts of n-butanol of the business society believe that the market of domestic n-butanol is expected to stabilize and increase in the short term.

According to the data monitoring of business news agency, the price of industrial grade and battery grade lithium carbonate has been stable since June. On June 2, the average price of industrial grade lithium carbonate in East China was 87000 yuan / ton, which was stable compared with the previous day (the average price of industrial grade lithium carbonate in East China was 87000 yuan / ton on June 1). On June 2, the average price of battery grade lithium carbonate in East China was 90800 yuan / ton, which remained stable compared with the previous day (the average price of battery grade lithium carbonate in East China was 90800 yuan / ton on June 1). On February 2, the comprehensive quotation of industrial grade lithium carbonate market was around 82000-90000 yuan / ton, and the comprehensive quotation of battery grade lithium carbonate market was around 85000-92000 yuan / ton.

According to the observation of market changes, the price of lithium carbonate is still stable in the near future, and the market demand is stable. In order to ensure the shipment volume, lithium carbonate enterprises have been stabilizing the price. Although the market demand has improved recently, due to the impact of the Indian epidemic, the reduction of domestic lithium export orders will greatly affect the export volume of China’s 3C products. As a result, the demand for batteries will be weakened, and the demand for lithium carbonate at the raw material end will be slightly weakened, which will increase the domestic consumption of lithium carbonate and lead to a slight pressure on the price of lithium carbonate.

The overall trend of domestic industrial grade lithium hydroxide Market in the lower reaches is positive, the spot supply is still tight, and the demand side is favorable, boosting the market. On the other hand, the price of LiFePO4 has been running smoothly in a narrow range recently, the downstream just needs to purchase, the negotiation atmosphere is flat, and the price fluctuation is limited.

On June 1, the lithium carbonate commodity index was 221.66, unchanged from yesterday, down 45.28% from 405.10 (2018-01-07), the highest point in the cycle, and up 124.94% from 98.54, the lowest point on October 16, 2014（ Note: period refers to the period from September 1, 2011 to now

According to the lithium carbonate analysts of business news agency, at present, the transaction of lithium carbonate market is stable, and the downstream is just in need of purchasing. There is no large increase in market demand for the time being. In addition, the decrease in export volume has brought some pressure on the domestic market. It is expected that the price of lithium carbonate may not change significantly in the short term.

According to the data monitored by the business community, the PP market rose first and then fell in May, and the spot prices of various brands decreased overall at the end of the month. As of May 31, the mainstream offer price of T30S (wire drawing) of domestic manufacturers and traders was about 8516.67 yuan / ton, with a decrease of 1.92% compared with the average price at the beginning of the month and an increase of 11.33% compared with the same period last year.

Cause analysis

PP upstream propylene in May domestic (Shandong) market prices continued to rise after the shock down. At the beginning of the month, the price was 8055 yuan / ton, and at the end of the month, the price was 7781 yuan / ton, with a monthly decrease of 3.40%. At present, the domestic inventory is still small, some units are overhauled, enterprises suspend quotation, the crude oil market rises slightly, the downstream operation rate is general, some units return to work slightly, the favorable market is mostly concentrated in the first ten days, and the market in the last ten days is empty, so it is expected that propylene may continue to fall slightly.

Upstream propylene market fell, PP cost side support weakened. In the first half of May, due to the rise of international energy sources such as crude oil and steam coal, it was good for global commodities. In addition, the centralized maintenance of production units in the domestic polypropylene industry weakens the supply, resulting in the strong PP market in the first half of the month. In the second half of May, the average operating rate of PP industry began to pick up, and it was in the off-season of traditional demand, and the consumption of terminal enterprises declined. At the same time, the recent new production line production involves more production capacity, although it is currently in the trial stage, but the news hit market confidence. On the whole, the total production volume is relatively large this year, and the supply pressure on the site will gradually increase. The resistance of the lower reaches to high price goods is gradually increasing, and the trading momentum is insufficient. At the end of May, the negative effect is superimposed, and the current drawing material market is still short.

In terms of fiber materials, according to the data monitored by the business society, as of May 31, the mainstream offer of domestic producers and traders Z30S (fiber) was similar to that of wire drawing materials, with a price of about 8666.67 yuan / ton, a decrease of 1.70% compared with the average price at the beginning of the month, and an increase of 11.83% compared with the same period last year. In the first half of May, fiber materials rose with energy and propylene. In the second half of May, the market trend of fiber materials was similar to that of wire drawing materials. At present, the demand for fiber PP is not strong, and the direct downstream non-woven enterprises are short of orders, and the consumption of diapers and other products has also entered the off-season. The competition of spunbonded nonwovens and Spunlaced Nonwovens in the downstream of the industry intensifies, which has a negative impact on fiber PP.

Melt blown materials, melt blown PP market last week, small weak, spot prices remain at the level of 10000 yuan shocks. As of May 31, the average quotation of pph-y1500 sample enterprises monitored by the business community was about 10633.33 yuan / ton, and the price of imported materials rose, generally more than 12000 yuan / ton. At present, the domestic epidemic situation is generally stable, and the situation of saturated demand for medical protective equipment is relatively stable. In terms of overseas epidemic situation, the recent epidemic problems in China’s neighboring countries in the Asia Pacific region are profound, which may increase the epidemic prevention pressure of neighboring countries in the future. At present, the overseas market has a large demand for oxygen generator and other related equipment, which has little effect on the melt blown PP industry. The domestic melt blown fabric manufacturing market is highly saturated. It is reported that there are still many production lines that have stopped production or changed production recently. Melt blown PP market is expected to continue to narrow adjustment.

Future forecast

Business community PP analysts believe: May domestic polypropylene market long short changes, the overall decline. Propylene price at the cost side fell, while PP cost side support weakened. Polypropylene has entered the traditional off-season demand, and its consumption is low. The end users have strong resistance to the high price of goods, the goods preparation is rigid, and they need to operate carefully. Multiple factors restrict the actual trading. In addition, the rapid growth of PP production capacity, which is the gradual release of long-term supply side bad news, is expected that the recent PP price will remain weak.

May 31 Magnesium Ingot Market Price stabilized

On May 31, 2021, the price range of magnesium ingots (99.9%, non pickling, simple packaging) ex factory cash including tax in the main production areas of China is 17700-18300 yuan / ton, mainly through actual single negotiation.

The specific price range of each region is as follows:

In fugu area, the ex factory spot exchange including tax is 18000-18100 yuan / ton; The spot exchange in Taiyuan is 18100-18200 yuan / ton; Spot exchange in Wenxi area is 18200-18300 yuan / ton; The spot exchange in Ningxia is 18000-18100 yuan / ton.

Magnesium ingot is primary magnesium ingot according to national standard (GB / t3499-2011); Non pickling, no wooden pallet and non payment of acceptance price, solid single negotiation.

Magnesium price soared and fell sharply in May

According to the data of the business agency, the market quotation of the main production areas rose to 17400-17600 yuan / ton at the end of April. When they came back after the festival, the market quotation was high and the source of low price goods was hard to find. As a result, the price of tons soared by 4000-5000 yuan / ton.

It is reported that the return of May holidays, magnesium prices continue to soar mode. On the 8th, the lower end users began to find low-cost sources of goods, and it was not easy to make inquiries before the festival. In the middle of May, the market quotation once reached a historical market high of 22000 yuan / ton.

On the one hand, the black series of bulk commodities soared. Affected by the raw material end of magnesium ingot, ferrosilicon and steam coal, the cost side rose, and the manufacturers were determined to raise prices; On the other hand, the market is hot. Buying up or not buying down is equal to making money. Speculation leads to market price chaos.

With the regulation of policy, the bulk commodities began to retreat in the middle of the month, the price of magnesium ingots began to increase with the rapid shipment of hoarders, and the market quotation began to plummet. At the beginning of last week, the market quotation fell to 17500 yuan / ton; At present, the number of market inquiries has increased, because the market price chaos after the crash has gradually disappeared, the market entry window has opened, the market trading is relatively active, and it has begun to enter the platform shock range.

The price trend of steam coal in May is as follows:

Increasingly rational

After the sharp rise and fall, the price of magnesium ingot began to run smoothly a few days ago, and the mainstream market price hovered around 18000 yuan / ton. Business community analysts expect that the near future will continue to run in a steady state.

There are three reasons

First, after the previous surge and slump, downstream customers are cautious in purchasing and resist high price undertaking; There is little room for speculators to speculate in the short term;

Second, the current price of coal market is relatively high, ferrosilicon operation is relatively stable, considering the cost factors, the price reduction space of mainstream magnesium plants is small, and the willingness to support the price is high;

Third, the current price is a balance range initially reached by both long and short sides after the sharp rise and fall. It is a price comfort zone accepted by both sides. It is expected that the price will be stable without the guidance of special variables.