Monthly Archives: July 2021

After the rainstorm, the production of Gongyi water treatment enterprise in Henan province gradually resumed

On July 20, there was a sudden rainstorm in Gongyi City, Henan Province, and extreme weather caused waterlogging and flood disasters in many places.

Gongyi, where water treatment enterprises are concentrated, is located in the west of Zhengzhou. The production of water purification agent is a traditional pillar industry of Gongyi, with early start, many manufacturers, rich local raw materials and high market share. As one of the hardest hit areas of the disaster, Gongyi has become an “isolated island” in the mouth of the media due to many mountainous and hilly areas and developed water systems. Many villages have lost power, power, water and natural gas in the rainstorm.

In addition to life, continuous heavy rainfall has also caused damage to the bulk commodity and raw material Market: for example, the raw material related logistics park and some construction sites have been flooded, the warehouse has been powered off, the roads have been destroyed, etc., and the production, storage, loading and unloading, logistics transportation and construction progress of the construction site have been affected.

Volunteers from all over the country rushed to Henan for disaster relief! Today, our great PLA soldiers have taken over and rushed to Henan.

According to the investigation, after the flood, the power emergency repair personnel of power supply companies in various regions gradually restored the local power supply by overcoming many difficulties, such as low visibility, successive landslides, blocked roads, communication interruption, inability of emergency repair equipment to arrive at the scene and so on. After the restoration of power supply, some water treatment enterprises have restarted production.

So, what is the impact of this rainstorm on the local water treatment industry? How is the current recovery? How about the price and inventory of local water treatment products? Will the rainstorm lead to an upward trend in the future market? With a series of questions, on the 28th, the reporter of business news agency interviewed the relevant persons in charge of local water treatment enterprises.

Liu Shaofei, manager of Gongyi Fuda water purification materials Co., Ltd., “many places have been destroyed due to the rainstorm. Now it’s all right. The plant has just started construction”, “the price of water treatment products is still relatively stable during this period, and it will be tense in recent days, and there is basically no inventory”.

Wang Xiaolin, sales director of Henan Baoxing Environmental Protection Technology Co., Ltd., “we are the disaster area, and production will resume in the plant around the 25th”; In terms of price: “the sales of water treatment products is not a problem, and the price is not affected at present”; In terms of logistics, “the road has just been restored in recent days, and some express can’t go yet.”

Wang, manager of the Sales Department of Henan Kaijie Environmental Protection Technology Co., Ltd., “the rainstorm has some impact on the water treatment industry. Up to now, the prices of various products are stable, and the inventory of some products is tight. In terms of logistics, it is difficult to find cars now. Moreover, some sections are inconvenient to pass. ” Referring to the future, manager Wang said that due to the recent continuous increase in the price of acrylic acid, the subsequent price of polyacrylamide may rise, and the prices of brown corundum and ferrous sulfate also show some signs of rising.

It is reported that acrylic acid is one of the raw materials used in the production of anionic and non-ionic polyacrylamide. According to data monitoring, the market price of acrylic acid has continued to rise slightly since the 20th: the mainstream quotation on the 20th was 12150 yuan / ton, and the mainstream quotation on the 28th was 13750 yuan / ton, an increase of about 13%. As shown in the figure:

As the main raw material for polyacrylamide production, according to the data, the recent market situation of acrylonitrile is relatively stable, and the mainstream quotation is about 14750 yuan / ton. Recently, although extreme weather has frequently occurred recently, the domestic acrylonitrile production capacity has not been significantly affected. The delayed shipping schedule will arrive in Hong Kong at the end of this month or early next month. With the production plan of Zhejiang Petrochemical phase II next month, the overall supply of acrylonitrile is increasing. Limited by the downstream demand with limited growth, the future acrylonitrile market is generally weak.

According to the data, polyacrylamide, one of the main water treatment products, has little change in the recent trend. So far, the quotation of most enterprises is generally stable, and a small number of enterprises have more inventory, so the market is slightly reduced for shipment:

To sum up, as for the future, the analysis shows that the impact of Rainstorm on the water treatment industry in Gongyi, Henan Province is gradually fading, and the market of relevant commodities may rise slightly in the short term due to the recovery of local enterprises’ production, changes in raw material costs, inventory and the recovery of transportation facilities; The demand of the middle and lower reaches is mainly stable, and the long-term improvement is mainly based on the demand of the middle and lower reaches.

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Stable operation of formic acid price in late July

According to the data of the bulk list of business agencies, the average price of formic acid enterprises as of July 28 was 3033.33 yuan / ton, which was the same as that of July 21, up 9.64% compared with the price on June 28, and 24.66% year-on-year in three months.

The overall trend of formic acid Market in the first ten days of July rose by 9.64%. In late July, the domestic industrial grade 85% formic acid price continued to run at a high level, with balanced market trend, stable price as the main price, normal delivery of enterprises as the main, and the overall downstream demand continued to need to be purchased.

The demand of alumina enterprises in the downstream of caustic soda is good, and the short-term high-level operation of caustic soda is mainly predicted; The reference price of liquid ammonia in the upstream was 4783.33 on July 27, up 1.41% compared with that on July 21 (4716.67); The upstream sulfuric acid, the sulfuric acid Market in Shandong Province was temporarily stable on July 27, the upstream sulfur market has risen slightly in the near future, some sulfuric acid manufacturers are under construction, the load is reduced, the downstream bromine market is gradually rising, and the downstream procurement enthusiasm is good; Upstream methanol, July 27, methanol reference price is 2585.00, up 0.98% compared with July 21 (2560).

The formic acid analysts of business agency believe that the current cost side support is relatively strong, the quotation of formic acid enterprises will be on the market with the downstream inquiry and purchasing enthusiasm. Under the support of raw materials, it is expected that the formic acid market will be stable and medium strong in the short term.

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PET market price runs smoothly

According to the data monitored by the business agency, the average price of pet water bottle manufacturers as of July 27 was 7380.00 yuan / ton, the overall operation of pet market was stable, with a small upward trend, and the manufacturer’s quotation was slightly increased, up 9.6% compared with the same period last month, up 2.93% compared with the same period last week.

Recently, the price of pet market is stable, with some manufacturers’ prices rising slightly and up in a narrow range. At present, pet inventory is normal, and the downstream needs to purchase. The purchasing enthusiasm is general, the focus of negotiation is stable, and the main price range of pet is about 7200 yuan / ton.

On July 27, the rubber and plastic index was 804, down 2 points from yesterday, down 24.15% from 1060 (2012-03-14), the highest point in the cycle, and 52.27% higher than the lowest point of 528 on April 06, 2020( Note: the cycle refers to December 1, 2011 to present)

Pet analysts of business agency think: in the short term, pet prices are mainly stable and narrow-ranging( 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.

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The market price of maleic anhydride fell this week (7.19-7.25)

1、 Price trend

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According to the data of business agency, the domestic market price of maleic anhydride fell this week. As of July 25, the average price of benzene hydrogenation maleic anhydride remained at 11250 yuan / ton, down 2.17% from the average price of 11500 yuan / ton on July 12 and up 17.80% from the same period last month.

On July 25, the maleic anhydride commodity index was 105.98, the same as yesterday, down 14.30% from the highest point of 123.67 in the cycle (December 26, 2017), and up 107.07% from the lowest point of 51.18 on April 14, 2020( Note: period refers to the period from September 1, 2011 to now)

2、 Analysis of influencing factors

The start-up of domestic benzene maleic anhydride market decreased this week. International crude oil rebounded after falling, resulting in a decrease in domestic chemical prices; The operating rate of unsaturated resin in the downstream is basically stable, and the wait-and-see mood in the resin market is strong, mainly in the need of procurement. As of the 25th, the solid anhydride in Shandong was about 11300 yuan / ton, the liquid anhydride in Jiangsu was about 11300 yuan / ton, the solid anhydride in Shanxi was about 11300 yuan / ton, the solid anhydride in Hebei was about 11300 yuan / ton, and the solid anhydride in South China was about 11600 yuan / ton.

Upstream, the price of pure benzene fluctuated downward this week. On July 19, the average price of pure benzene was 8440.00 yuan / ton, and on July 25, the average price of pure benzene was 8210.00 yuan / ton, down 230 yuan / ton, down 2.73%. The market price of hydrogenated benzene in North China fell this week. On July 19, the price of hydrogenated benzene was 8475.00 yuan / ton, and on July 25, the price of hydrogenated benzene was 8300.00 yuan / ton, down 2.06%. The price of n-butane rose, and the price in Shandong was 4660 yuan / ton.

According to the price monitoring of the business community, in the list of commodity prices rising and falling in the 29th week of 2021 (7.19-7.23), there are 44 kinds of commodities rising month on month in the chemical sector, including 10 kinds of commodities rising by more than 5%, accounting for 10.3% of the monitored commodities in the sector; The top three commodities were 1,4-butanediol (15.08%), baking soda (9.71%) and melamine (8.47%). A total of 23 commodities decreased month on month, and the top three products were crude benzene (- 4.89%), chloroform (- 4.15%) and phenol (- 2.89%). The average rise and fall this week was 0.95%.

3、 Future forecast

Analysts of maleic anhydride products of business society believe that the international crude oil rebounded after the decline, the domestic maleic anhydride market price is high, the spot is limited, the amount that can be released is less, and the demand for downstream resin is just in demand. It is expected that the maleic anhydride market price will be high in the near future.

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The price trend of China’s domestic fluorite market this week was temporarily stable (7.19-7.23)

According to statistics, the price trend of domestic fluorite was temporarily stable this week. By the end of the week, the average price of domestic fluorite was 2616.67 yuan / ton, unchanged from the price of 2616.67 yuan / ton at the beginning of the week, down 6.55% year-on-year.

This week, the price trend of fluorite was temporarily stable, the fluorite trading in the site was weak, the mine was affected by environmental protection inspectors, the operation was insufficient, the raw fluorite price was high, the flotation cost of the concentrator remained high, and the flotation plant was unwilling to ship at a low price, but the operation of the downstream hydrofluoric acid industry was not high, the demand for fluorite did not improve, and the fluorite plant in the North was gradually started, so the supply was relatively normal, The contradiction between supply and demand has intensified, and the price trend of fluorite on the floor is temporarily stable. The mainstream trend of fluorite negotiation in the venue is temporarily stable. The delivery price of 97 fluorite wet powder in Inner Mongolia is 2400-2500 yuan / ton, that in Fujian is 2500-2600 yuan / ton, that in Henan is 2500-2600 yuan / ton, and that in Jiangxi is 2500-2600 yuan / ton. There is little change in domestic fluorite price recently.

The market price trend of hydrofluoric acid in the downstream of fluorite is temporarily stable. As of the weekend, the domestic market price of hydrofluoric acid is 10020 yuan / ton. The stable market price trend of hydrofluoric acid has a certain positive support for the upstream fluorite market, and the price trend of fluorite is stable. The price trend of downstream refrigerant products has declined, the operating rate of the refrigerant industry in the field is not high, the sales of the automobile industry has declined recently, the refrigerant market trend has fallen, the demand is mainly based on demand, and the price of the refrigerant industry has decreased slightly. However, the manufacturer’s shipment is under pressure, the sales pressure is large, the operation of the refrigerant industry is low, and the market demand for hydrofluoric acid is limited. On the whole, the refrigerant market is dominated by negative factors, and the price trend of hydrofluoric acid and chloroform is stable, resulting in pressure on the refrigerant industry. At present, the load of refrigerant R22 manufacturer is not high, the inventory is within a reasonable range, and the market price trend has dropped slightly, but the downstream receiving capacity is limited, there is a lot of wait-and-see mood, the shipment of goods holders is normal, some merchants still have the phenomenon of cost inversion, and the mainstream of on-site negotiation is 16000-16500 yuan / ton. Domestic R134a manufacturers operate at low load, and the price trend of R134a declines. However, at present, procurement is mainly based on demand, the operation of downstream enterprises is not high, and traders are in a strong wait-and-see mood. At present, the market quotation of refrigerant R134a is mostly in the range of 20000-22000 yuan / ton, but the transaction atmosphere is general, the market trend of downstream refrigerant declines, and the price trend of fluorite is temporarily stable.

On the whole, the market of the downstream refrigerant industry has changed occasionally, but the spot market of hydrofluoric acid has been slightly tight recently. In addition, the supply of fluorite in the field is relatively normal. Chen Ling, an analyst of business society, believes that the market price of fluorite may be stable in the short term.

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Weak demand and steady weakening of EVA Market

According to the data monitoring of business news agency, the average price of domestic EVA market was 18100.00 yuan / ton on July 1, and 18033.33 yuan / ton on July 21, with a decrease of 0.37% during the period, 8.31% lower than that on June 1. At present, the market demand is weak, the overall trend of EVA market is still weak, and the ex factory price and market quotation have been reduced to varying degrees.

As of July 21, EVA ex factory quotation is as follows:

product manufactor model Ex factory price

EVA yanshan petrochemical 18J3 17800 yuan / ton

EVA Beijing Organic Y2022 17900 yuan / ton

EVA Beijing Organic Y2045 17300 yuan / ton

EVA BASF Yangzi V5110J 18400 yuan / ton

In July, the EVA market did not continue the decline in June, but entered the consolidation stage after the decline. The factory price was mainly stable in the first half of the month, and it didn’t decrease in a narrow range until the 19th. At present, the offer is stable, and the overall market is still weak. At present, there is no new news guidance in the market. The downstream multi-dimensional firm holding needs to be supplemented. The market transaction atmosphere is general, and the overall transaction rhythm is slow, and there is no obvious improvement. Some brands have tight supply, which has some support, but the operators are more cautious and wait-and-see.

EVA production enterprise device dynamic:

product manufactor Capacity (10000 t / a) Device dynamics

EVA yanshan petrochemical twenty Normal production

EVA Beijing Organic four Normal production

EVA Ningbo Formosa Plastics seven point two Normal production

EVA BASF Yangzi twenty Shutdown for maintenance on July 5

In the international crude oil market, on July 21, the international oil price rose sharply. The settlement price of the main contract in the WTI crude oil futures market of the United States was US $70.32/barrel, up 3.12 US dollars or 4.64%. The settlement price of the main contract in the Brent crude oil futures market was US $72.23/barrel, up 2.88 US dollars or 4.20%. Although US commercial crude oil inventories increased for the first time in eight weeks, market risk index preference improved and oil prices rebounded sharply.

Ethylene market, the recent external ethylene market as a whole showed a rising trend. The price of ethylene in Asia rose. As of the 19th, CFR closed at US $1000-1010 / T in Northeast Asia and US $965-975 / T in Southeast Asia. The price of ethylene market in Europe fluctuated and consolidated. As of the 19th, FD in northwest Europe closed at US $1160-1170 / T, CIF in northwest Europe closed at US $1062-1072 / T. The price of ethylene in the United States is stable. As of the 19th, the price is 1152-1169 US dollars / ton. Recently, the external market of ethylene has risen slightly, while the price of ethylene in the United States has increased a lot in the early stage and is relatively stable in the near future. Generally speaking, the external market demand of ethylene is good, the buying atmosphere is active, the transaction is good, and the focus of ethylene market is moving up.

Overall, the current rebound in international crude oil and the rise in ethylene have brought some support to the market. However, the current downstream demand is weak, and there is no obvious improvement for the time being. The demand for photovoltaic is still on the wait-and-see. In terms of supply, the new production capacity has brought a certain impact, and the operators are more cautious. EVA prices are expected to continue weak consolidation in the short term.

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China’s domestic oil product market price fell due to poor demand

Recently, the price of domestic oil products has gradually dropped. The price of domestic 92 ᦇ gasoline is 7900.6 yuan / ton, and that of domestic 0 ᦇ diesel is 6144.6 yuan / ton. The main factor is the poor demand of the consumer side, and the price of upstream crude oil has fallen. Affected by this, the price of domestic oil products has declined.

Recently, the price trend of refined gasoline and diesel oil in Shandong Province has fallen down. At present, it is in the traditional off-season of consumption. Recently, the high temperature and rainy weather continue in many places. The infrastructure projects and logistics transportation in the downstream are generally under construction. The resource consumption of diesel terminal demand has decreased significantly. The sales of main companies are poor. The market shipment situation is poor. The price trend of diesel oil market has declined. There is a lack of favorable support for gasoline, and the car travel rate of the people keeps a stable trend. Under the bad influence of the lower crude oil price, the price of gasoline market is under pressure, the acceptance of the middle and lower reaches is not high, and the price of gasoline market has come down. Recently, the price of crude oil market has declined. In addition to the poor trading situation, the price trend of domestic oil products has declined.

Crude oil: international oil prices plummeted on the 19th, with the settlement price of the main contract in the US WTI crude oil futures market at US $66.35/barrel and the settlement price of the main contract in the Brent crude oil futures market at US $68.62/barrel. Crude oil prices rose slightly on the 20th. WTI and Brent crude oil both recorded the biggest decline in March, mainly because the OPEC + and OPEC + reached an agreement on increasing production, and the expectation of increased supply from oil producing countries was suppressed; As well as the resurgence of the epidemic and the surge of new crown infection cases in many countries, the market’s worry about the prospect of demand is heating up. The decline of crude oil market price has a negative impact on the domestic oil product market, and the domestic cost has a downward trend.

Supply and demand of refined oil: in the second quarter, some maintenance units of atmospheric and vacuum distillation unit were restarted, the refinery operation rate remained high, the supply side was normal, but the demand side declined. In terms of gasoline demand, the high temperature in some areas of China, coupled with the lack of holiday support, people travel less, the market demand for goods preparation and storage is poor, and the gasoline demand is general. In terms of diesel oil, the domestic demand for diesel oil in construction, logistics and transportation industries fell sharply due to rainy weather, and the terminal demand for diesel oil was poor. Bad demand, domestic oil prices fell.

Recently, the average operating load of atmospheric and vacuum distillation units in domestic main refineries is about 77%. In July, the operation of main refineries is stable with little change in supply.

Chen Ling, a refined oil analyst at the business community, said that the recent international crude oil prices had bad influence, and the policy of OPEC + oil producing countries finally fell to the ground. The oil minister of oil industry agreed last Sunday to increase oil supply from August. In addition, under the background of COVID-19′s severe trend, variety and spread speed, the international crude oil shock intensified. In addition, the price of domestic oil products is at a high stage, and downstream users have a certain resistance to high prices, and there may be a downward trend in the later stage.

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Repeated outbreaks & OPEC production increase policy implemented, oil price plummeted by more than $5

On July 19, international oil prices plummeted. The settlement price of the main contract in the U.S. WTI crude oil futures market was 66.35 US dollars / barrel, down 5.31 US dollars or 7.4%. The settlement price of the main contract in the Brent crude oil futures market was 68.62 US dollars / barrel, down 4.97 US dollars or 6.8%. WTI and Brent crude oil both recorded the biggest decline in March, mainly because the OPEC + and OPEC + reached an agreement on increasing production, and the expectation of increased supply from oil producing countries was suppressed; As well as the resurgence of the epidemic and the surge of new crown infection cases in many countries, the market’s worry about the prospect of demand is heating up.

After a long negotiation, the policy boots of OPEC + oil producing countries finally came into effect. Oil ministers of oil producing countries agreed on Sunday to increase oil supply from August. As the global economy continues to recover, the oil price has risen to a two-and-a-half year high before. The increase in production policy is aimed at curbing the rising trend of oil price, which has aroused the market’s concern about the oversupply of crude oil. Affected by this, oil prices also fell sharply.

The content of the production increase agreement: from August 2021, the production will be increased by 400000 B / D per month until the active production reduction of 5.8 million B / D is fully restored; The OPEC production reduction agreement, which will be implemented in April 2020, will be extended to December 31, 2022; In addition, the quota of some oil producers will be increased.

The market had been psychologically prepared for OPEC’s increase in production policy, and the increase in production policy did not exceed expectations. But why did the oil price fall so heavily after the implementation of the policy?

The important driver of the drop in oil prices is still the epidemic. In the background of COVID-19′s severe trend, variety and speed of transmission, OPEC has reached an increase in production agreement to further strengthen the driving force for the fall in oil prices. According to relevant news, with the spread of delta variant virus in the world, the number of infected people in the United States increased by 70% last week, and the number of infected people in France increased by 80% in a week. The epidemic situation has worsened again, which may be followed by the re implementation of strict epidemic prevention and blockade measures in many countries and regions, which will directly threaten the economic restart and recovery, And then depress the international crude oil price from the demand side. The spread of delta variant of coronavirus has once again put people’s optimistic expectations of economic recovery into question. It has not only brought about a sharp drop in crude oil and other assets, but also triggered a sharp drop in global stock markets. The yield of us long-term treasury bonds has also dropped to the lowest level in several months.

Returning to the supply and demand fundamentals, we can learn from the recent US commercial crude oil inventory data that US crude oil inventory has declined for eight consecutive weeks. According to the preliminary survey results released on Monday, US crude oil inventory is expected to decline for the ninth consecutive week last week, and gasoline inventory is also expected to decline. The United States is also in the driving season in summer, with strong fuel demand, which also forms a strong support for oil prices.

In the future, the crude oil analysts of business club believe that the OPEC policy will be implemented and the production will continue to advance. In the medium and long term, the oil price will seek a new balance under the game of demand, supply and inventory in the future. In the short term, with the recent release of bad news, the downward space of oil prices may be limited. At present, we still need to focus on the changing trend of the epidemic situation. Affected by this, the short-term oil prices will be more volatile.

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Price trend of domestic fluorite market in China is temporarily stable this week (7.12-7.16)

According to statistics, the price trend of domestic fluorite was temporarily stable this week. By the end of the week, the average price of domestic fluorite was 2616.67 yuan / ton, which was the same as that at the beginning of the week, with a year-on-year decrease of 6.55%.

This week, the price trend of fluorite was temporarily stable, the trading of fluorite in the field was weak, the mine was affected by environmental protection supervision, the start-up was insufficient, the price of fluorite raw ore was on the high side, the flotation cost of the concentrator was high, and the flotation plant was unwilling to ship at low price. However, the downstream hydrofluoric acid industry was not high, the demand for fluorite was not improved, and the fluorite plant in the North was gradually started, so the supply was relatively normal, The contradiction between supply and demand has intensified, and the price trend of fluorite in the market is temporarily stable. The mainstream trend of fluorite negotiation in the venue is temporarily stable. The price of 97 fluorite wet powder in Inner Mongolia is 2400-2500 yuan / ton, that in Fujian is 2500-2600 yuan / ton, that in Henan is 2500-2600 yuan / ton, and that in Jiangxi is 2500-2600 yuan / ton. The domestic fluorite price has little change recently.

The price trend of fluorite downstream hydrofluoric acid market is temporarily stable. As of the weekend, the domestic hydrofluoric acid market price is 10020 yuan / ton. The price trend of hydrofluoric acid market is stable, which has certain positive support for the upstream fluorite market, and the fluorite price trend is stable. The price trend of downstream refrigerant products is stable, and the operating rate of the refrigerant industry is not high. In recent years, the sales market of the automobile industry is normal, and the refrigerant market trend is temporarily stable. The demand side mainly purchases on demand, and the trend of the refrigerant industry is stable. However, the manufacturer’s shipment is under pressure, the sales pressure is high, and the operation of the refrigerant industry is low, so the market demand for hydrofluoric acid is limited. On the whole, negative factors dominate the refrigerant market, and the price trend of hydrofluoric acid and chloroform is stable, which makes the refrigerant industry under pressure. At present, the load of R22 manufacturers is not high, the inventory is in a reasonable range, the market price trend is stable, but the downstream receiving capacity is limited, there are many wait-and-see emotions, the delivery situation of goods holders is normal, some businesses still have the phenomenon of cost inversion, and the mainstream of on-site negotiations is 16000-17000 yuan / ton. Domestic R134a manufacturers are operating at low load, and the price trend of R134a remains stable. However, the current demand procurement is the main, the downstream enterprises are not high, and the traders are in a strong wait-and-see mood. At present, the market quotation of refrigerant R134a is mostly in the range of 20000-22000 yuan / ton, but the transaction atmosphere is general, the market trend of downstream refrigerant is stable, and the price trend of fluorite is temporarily stable.

Overall, the downstream refrigerant industry is temporarily stable, but the recent hydrofluoric acid market spot is slightly tight. In addition, the fluorite market supply is relatively normal. Business community analyst Chen Ling believes that the fluorite market price may be temporarily stable in the short term.

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Market price of bisphenol A continues to push up

This week, the market of bisphenol A almost entered the surge mode, from the offer of 21800 yuan / ton at the beginning of the week to more than 25000 yuan / ton at present, with a cumulative increase of 14% this week. The sharp increase was mainly due to the stimulation of on-site factory maintenance and parking news, the high price at the weekend, the market transaction situation is not optimistic, and the supply of goods in the hands of cargo holders is relatively small. I heard that the 120000 T / a bisphenol a unit of Sinopec Mitsui shut down at night due to equipment failure, and it is expected to recover next Tuesday; The BPA plant of Changchun chemical is expected to be shut down in September for about 45 days. Parking news boosted the market. Some of the dealers actively sold early this week, while others were reluctant to sell. However, the supply of goods in hand was limited. However, the enthusiasm of downstream purchasing declined on Friday. Although the market rose sharply, the transaction was not good.

From the perspective of raw material side, the phenol market was stable this week, and the market negotiation was in a stalemate. The negotiation was between 9400-9550 yuan / ton. The overall change in the near future was not big. The port inventory was relatively stable, the pressure on the supply side was not big, and the downstream delivery mood was not good. The carrier expected that it would be more difficult to push up the market, the overall atmosphere was tepid, and it was difficult to make large-scale delivery. On the other hand, the acetone market as a whole is in a weak position. The mainstream negotiation range is 5000-5100 yuan / ton. The market atmosphere is general. Most of the suppliers make offers with them. The current terminal market is not good. The market needs to wait for the downstream market to be further clarified.

The downstream liquid epoxy resin market rose significantly, the mainstream negotiation price of liquid epoxy resin exceeded 30000 yuan / ton, and the solid epoxy resin market was 27000 yuan / ton. The epoxy resin market was supported by a large amount of raw materials and a high price, and the epoxy resin market rose sharply due to cost pressure.

According to the business community, as soon as the news of the shutdown of Sinopec’s Mitsui plant came out under the tight supply today, the price of some closed offers was further pushed up. The current market speculation atmosphere is strong, and the market rose rapidly this week. However, due to the tight supply in the current market and little pressure from the shippers, the business community expects the bisphenol a market to maintain a high level or continue to rise next week.

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