Monthly Archives: March 2022

On March 30, the domestic adipic acid market price declined

On the 30th, the domestic adipic acid market price fell, mainly due to the drop in the price of upstream pure benzene and the relatively abundant supply of adipic acid. The operating rate remained above 70%, but the demand was relatively low.

 

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The adipic acid Market in East China fell. Today, the quotation was loose by 200 yuan. At the beginning of the week, the listing guide price of some large manufacturers was reduced by 500 yuan, and the manufacturer’s inventory pressure was obvious. The dealer’s offer is mainly low, and the market transaction is in the doldrums. The price of pure benzene fell and its support for adipic acid weakened. The downstream procurement is rational, and the demand is not large for the time being. The mainstream prices in today’s market are: acceptance price of 13000-13200 yuan / ton for Shandong source of goods and 13100-13300 yuan / ton for Jiangsu source of goods.

 

Adipic acid Market in South China fell, ranging from 100-200 yuan. At present, the market demand maintains rigid demand, and the market transaction is sluggish. This week, the manufacturer’s listing was temporarily stable, and the downstream procurement was just needed. Today, the mainstream price in the market is: the acceptance price of Shandong source of goods is 13200-13400 yuan / ton, and the acceptance price of Jiangsu source of goods is 13300-13500 yuan / ton.

 

Future forecast: adipic acid market is expected to have downward space in the near future.

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On March 29, the sulfur market price continued to rise

Trade name: sulfur

 

Latest price (March 29): 3183.33 yuan / ton

 

Key points of analysis: according to the price monitoring of business society, the average price of sulfur in East China today increased by 5.86% compared with yesterday. The tight supply of port goods and strong quotation support the increase of domestic refinery quotation. Coupled with the positive impact of the continuous upward trend of sulfuric acid market, the downstream demand is strong, while the inventory of domestic refinery is low, the market supply is in short supply, and the enterprise sulfur continues to increase. There is little change in the price of sulfur fixation in regional refineries, and it is temporarily stable in Shandong. Only a few manufacturers in East China have increased by 50 yuan / ton and 100 yuan / ton in North China; Liquid sulfur increased more, with an increase of 350 yuan / ton in Shandong, 70-150 yuan / ton in East China and 200-300 yuan / ton in North China.

 

Future forecast: the short-term sulfur market will operate at a high level, with specific attention to the downstream follow-up.

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On March 28, the price of isooctanol in Shandong fell by 0.25%

Trade name: isooctanol

 

Latest price (March 28): 13200.00 yuan / ton

 

On March 28, the ex factory quotation of isooctanol in Shandong fell slightly, down 33.33 yuan / ton, or 0.25%, compared with March 25, and 1.49% year-on-year compared with the same period last year. The price of propylene in the upstream was adjusted at a low level, the cost support was weakened, the downstream DOP market had a downward trend, and the downstream demand was weakened.

 

Recently, the ex factory price of isooctanol in Shandong may fluctuate slightly: the manufacturer’s quotation is about 13000 yuan / ton.

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Ethanol market price fluctuates in a narrow range

According to the sample data monitored by business society, the domestic ethanol market fluctuated in a narrow range from March 18 to 25. At the beginning of the week, the average price of domestic ethanol producers was 7225 yuan / ton, and the price rose to 7250 yuan / ton at the weekend. The price increased by 0.35% during the week, 4.50% month on month and 0.52% year-on-year.

 

Domestic ethanol prices rose this week. The market mainly fluctuates in a narrow range, and the raw material corn market is still at a high level. Affected by various factors, the operating rate in the main production areas of Northeast China decreases, the short-term supply is tight, and the market price is still likely to rise. Other regions are mainly affected by transportation factors, the arrival time is prolonged, the downstream demand is low, and the market is mainly waiting and sorting.

 

In terms of raw materials, the prices of raw corn and cassava rose slowly, the profit space of corn ethanol and cassava ethanol plants narrowed, and the cost pressure increased slowly. The high price of raw molasses continues to rise. Although the price of molasses ethanol has risen recently, it is still difficult to change the situation of serious losses of molasses ethanol.

 

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Comparison chart of corn (upstream raw material) – ethanol price trend of business society:

 

Downstream products, the current domestic ethanol prices hovering at high levels, immediately entered the April, Baijiu demand or gradually increase, but the high price to continue to maintain just need to purchase. In the short term, the chemical industry continues to maintain the just needed procurement, but recently, with the rebound in the price of ethyl acetate, its acceptance of high price ethanol has improved.

 

Comparison chart of price trend of ethanol ethyl acetate (downstream products) of business society:

 

As of March 25, the latest price dynamics of ethanol market in various regions:

 

Region, Category, Price

Guangxi region, Honey alcohol, From 7400 to 7500 yuan / ton

Guangxi region ., Corn / Cassava 95% alcohol ., From 7400 to 7500 yuan / ton

Guangxi region ., Anhydrous ethanol, 8100-8150 yuan / ton self withdrawal

Guangdong region ,. Corn alcohol, 7700 yuan / ton self delivery in Dongguan

Guangdong region ., Rice / Cassava general ethanol, 7500 yuan / ton self delivery

Guangdong region ., Anhydrous cassava ethanol, 8200 yuan / ton, Dongguan self delivery

Sichuan region ., Corn alcohol ., 7600 yuan / ton, tax included

Yunnan region ,. Molasses alcohol, 6950-7000 yuan / ton, ex factory tax included

Shandong Province, General level ., 7700-7900 yuan / ton

Shandong region ., Superior corn ., 7300 yuan / ton

Shandong region ,. Corn has no water 8000 yuan / ton

Southern Jiangsu ., General, 7500-7600 yuan / ton

Northern Jiangsu ., General, 7200-7300 yuan / ton

Northern Jiangsu, Superior, 7400 yuan / ton

Northern Jiangsu ., No water, 8100-8200 yuan / ton

Anhui region ., General grade 7400-7500 yuan / ton, ex factory tax included

Anhui Province, Anhydrous 8200-8300 yuan / ton, ex factory tax included

Henan region ., Superior ., 7200 yuan / ton, ex factory tax included

Henan region ., Anhydrous ethanol, 8050 yuan / ton, ex factory tax included

Hebei region ., General level ., 6750 yuan / ton

Hebei region ., anhydrous ., 7600 yuan / ton

Jinzhou area, Liaoning ., Corn alcohol general grade ., 7350 yuan / ton

Heilongjiang Province, General, 6950-7050 yuan / ton, tax included

Heilongjiang Region ., Anhydrous ethanol, 6850-7000 yuan / ton

Jilin Region ., Ordinary alcohol ., 7050-7100 yuan / ton

Jilin Region ., Premium alcohol, 7000-7200 yuan / ton

Jilin Region ,. Anhydrous ethanol, 8000-8200 yuan / ton, tax included

The corn price is high, the cost continues to maintain a high level, and the downstream chemical industry just needs to purchase. The ethanol analyst of business society predicts that the domestic ethanol market will mainly be sorted out at a high level in the short term.

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On March 24, the price of refrigerant R134a was temporarily stable

1、 Price trend

 

Latest price (March 24): 25500 yuan / ton

 

Key points of analysis: according to the data monitoring chart of business agency, on March 24, the price of refrigerant R134a was temporarily stable, flat compared with the previous day, with a year-on-year increase of 24.8%. The price of raw material hydrofluoric acid is weak and stable, the price of trichloroethylene is stable, and the cost support is OK, but the demand of the automobile market is still weak, the market supply exceeds demand, coupled with the intensification of local public health events, poor logistics, pressure on enterprise shipments, the price is stable and somewhat lower, and the actual transaction is lower than the offer. Up to now, the market quotation of R134a is mostly in the range of 24500-26000 yuan / ton.

 

R134a market is expected to operate weakly and stably in the short term.

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Glycol daily review (20220323)

The latest p-value price of ethylene glycol on March 23 was 5166.67 yuan / ton, down 0.32% from the previous trading day and 5.77% year-on-year.

 

The ethylene glycol market is weak and declining today. Geopolitical conflicts continued, the high range of crude oil prices fluctuated, and the cost of ethylene glycol was significantly supported. In the afternoon, Meg’s outer plate was mainly subject to shock, and the ship cargo negotiation in recent months was estimated to be around 680 US dollars / ton. MEG imports from January to February were slightly higher than expected. At present, the port inventory remains high, and the upward space of ethylene glycol may be limited. As of March 21, the total ethylene glycol inventory in the main port of East China was 949500 tons, a decrease of 8100 tons compared with last Monday, a decrease of 0.85%, and a decrease of 6600 tons compared with last Thursday, a decrease of 0.69%. The downstream textile demand continues to be sluggish, and the production and sales of polyester are general. It is expected that the supply and demand situation will improve from April to May.

 

Forecast: lack of substantive benefits, bottom shock.

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On March 22, the price of monoammonium phosphate was stable

Trade name: monoammonium phosphate

 

Latest price: 3383 yuan / ton

 

Key points of analysis: the price of monoammonium phosphate was stable on March 22, which was flat compared with the previous trading day. Today, the high price of raw sulfur and phosphate rock is strong and the market is stable. Due to the support of raw materials and waiting volume, monoammonium phosphate is running at a high level. Today, the mainstream factory quotation of 55 powder ammonium in Henan is about 3500 yuan / ton, and the mainstream factory quotation of 55 powder ammonium in Anhui is about 3600 yuan / ton. The actual transaction can be negotiated.

 

Future forecast: the price of monoammonium phosphate will rise steadily in the short term.

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On March 21, the domestic butanone market price rose

Product Name: butanone

 

Latest price (March 21): 13766 yuan / ton

 

Key points of analysis: according to the data monitoring chart of business agency, on March 21, the domestic butanone market operated upward as a whole. The average ex factory price of butanone was 13766 yuan / ton. Compared with the previous working day, the average price was increased by 400 yuan / ton, an increase of 2.99%. On the 21st, the supply of butanone market was tight. Due to the impact of logistics and transportation, the follow-up of new orders in the field was general.

 

Future forecast: at present, the supply side of butanone market supports the strong operation of the market, but the downstream transmission performance is general. The butanone data division of business society believes that in the short term, the butanone market is mainly consolidated and operated, and more attention should be paid to the basic changes in the supply and demand side of butanone.

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Domestic neopentyl glycol price fell by 1.47% (3.12-3.18) this week

1、 Price trend

 

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As can be seen from the above figure, the domestic market price of neopentyl glycol fell slightly this week. The average price of domestic mainstream market price of neopentyl glycol fell from 18166.67 yuan / ton at the beginning of the week to 17900.00 yuan / ton at the end of the week, down 1.47%.

 

2、 Market analysis

 

The quotation of mainstream manufacturers of neopentyl glycol fell this week: the distribution price of Shanghai Qihua Wanhua neopentyl glycol at the weekend was 17200 yuan / ton, which was 800 yuan / ton lower than that at the beginning of the week; The distribution price of Shandong Zhiying Jihua neopentyl glycol at the weekend is 18000 yuan / ton, which is temporarily stable compared with that at the beginning of the week. Jinan aochen Wanhua neopentyl glycol weekend distribution price is 18500 yuan / ton, compared with the beginning of the week, the quotation is temporarily stable.

 

From the upstream raw material market of neopentyl glycol, the domestic isobutyraldehyde market price fell sharply this week. This week, the average price of isobutyraldehyde in the mainstream domestic market fell from 15266.67 yuan / ton last weekend to 11233.33 yuan / ton this weekend, down 26.42%. The market price of upstream raw materials fell sharply and the cost support was insufficient. Affected by the supply and demand side, it had a negative impact on the price of neopentyl glycol.

 

3、 Future forecast

 

The market trend of neopentyl glycol in the middle and late March may decline slightly. The upstream isobutyraldehyde market fell sharply, the cost support was insufficient, the downstream coating market was general, and the downstream procurement enthusiasm was weak. Analysts of neopentyl glycol in business society believe that the short-term neopentyl glycol market may fluctuate slightly and fall under the influence of supply and demand, raw materials and other aspects.

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The market of titanium dioxide in China was basically stable on March 17

Trade name: titanium dioxide

 

Latest price March 17: 21100 yuan / ton

 

Key points of analysis: on March 17, the market price of titanium dioxide in China was basically stable. At present, the trading situation in the domestic market is general, traders are more cautious in taking goods, logistics is blocked in some areas, and downstream procurement is mainly on demand. Most of them focus on the delivery of early orders. The actual transaction price is subject to single negotiation.

 

It is expected that the titanium dioxide market will operate stably in the short term.

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