Trade name: isobutyraldehyde

Latest price (February 27): 7500.00 yuan/ton

The domestic market price of isobutyraldehyde rose slightly on February 27, up 433.33 yuan/ton, or 6.13%, compared with February 24, down 48.04% year-on-year. The price of raw material propylene fell slightly, and the cost support was general. The market price of neopentyl glycol in the downstream market was high, and the downstream customers had a good enthusiasm for isobutyraldehyde procurement.

In the future, it is expected that the domestic isobutyraldehyde market price will fall slightly, mainly in consolidation. The average market price is about 7000 yuan/ton.

1、 Price trend

According to the monitoring data of Business News Agency, as of February 24, the average price of refrigerant R22 was 19333.33 yuan/ton, 1.75% higher than the price of 19000.00 yuan/ton at the beginning of the week, 4.50% higher than the price of 18500.00 yuan/ton at the beginning of the month, and 10.48% higher than the same period last year

According to the monitoring data of Business News Agency, as of February 24, the average price of refrigerant R134a was 24666.67 yuan/ton, up 0.68% from the price of 24500.00 yuan/ton at the beginning of the month, and down 10.30% from the same period last year.

2、 Market analysis

As of February 24, chloroform rose 8.42% in the month, while hydrofluoric acid prices fell 1.71% in the month. The cost of raw materials continued to rise. Supported by the cost, the domestic R22 market price continued to rise slightly this week, and the R22 market price continued to rise.

In late February, the domestic trichloroethylene price hit the bottom and rebounded as a whole, and the hydrofluoric acid price fell by 1.71% within the month. In general, the upstream raw material cost of R134a stopped falling and rebounded as a whole. Supported by the cost recovery, some enterprises raised the factory price of R134a slightly this week, driving the domestic R134a price to rise slightly.

3、 Aftermarket forecast

Refrigerant analysts of Business News believe that the upstream raw material cost continues to rise, and supported by the rising cost, it is expected that the domestic R22 and R134a prices will continue to run steadily and moderately strong in the short term.

Acetic anhydride price fluctuated and fell this week

According to the data monitoring of the Business News Agency, as of February 23, the price of acetic anhydride was 5250 yuan/ton, down by 0.94% from 5300 yuan/ton on February 16. The cost fell, and the price of acetic anhydride fell in shock this week.

The price of acetic acid fell sharply this week

As can be seen from the chart of acetic acid price trend of the business community, as of February 23, the price of acetic acid was 3166.67 yuan/ton, down 3.06% from the price of acetic anhydride on February 16, 3266.67 yuan/ton. This week, the price of acetic acid dropped sharply, the cost of acetic anhydride dropped, and the downward pressure on acetic anhydride increased.

Methanol prices fell first and then rose this week

As can be seen from the methanol price trend chart of the business community, as of February 23, the methanol price was 2770 yuan/ton, up 2.16% from the price of 2711.43 yuan/ton on February 16; Compared with the price of 2780 yuan/ton on February 1, the price fell by 0.36%. The price of methanol fell first and then rose this week, while the momentum for the rise of acetic anhydride remained.

Future prospects

Analysts of the acetic anhydride data of the Business Agency believe that the price of acetic acid fell this week, the price of methanol rose, and the cost of acetic anhydride fell. In the future, the cost of acetic anhydride fell in general demand, and the price of acetic anhydride fell in shock.

According to the price monitoring data of the Business Agency, as of February 21, 2023, the price of domestic n-propanol was referenced at 8050 yuan/ton. Compared with February 13, 2023 (the reference price of n-propanol was 8000 yuan/ton), the price increased by 50 yuan/ton, or 0.62%.

It can be seen from the monitoring chart of the data of the business agency that in the near future (2.13-2.21), the domestic n-propanol market has generally risen slightly in the fluctuation. In the middle of February, Shandong Dachang slightly raised the price of n-propanol to drive the overall market up, with an increase of about 50-100 yuan/ton. In the second half of February, the downstream demand of n-propanol was general, and some operators were under pressure to ship. The market price of n-propanol fell slightly. On the 20th, the price of n-propanol factories in Shandong Province rose slightly, which led to the overall market atmosphere rebounding. As of February 20, the market price of n-propanol in Shandong Province was around 7500-7700 yuan/ton (bulk water). The market price of n-propanol in Nanjing is around 8500-9000 yuan/ton. Dealers in different regions have reservations about the price, and the price is not easy to monitor, which may lead to differences in the specific negotiation situation. There are also differences in each region, and the negotiation is based on the actual order.

Prediction of future trend of n-propanol

At present, the trading atmosphere of n-propanol on the market is general, the downstream demand is steadily released, and the supply and demand side of the n-propanol market is relatively calm. The n-propanol data analyst of the business agency believes that in the short term, the domestic n-propanol market will mostly operate in a range of fluctuations, and the specific trend needs to pay more attention to the changes in the supply and demand side.

Trade name: hydrochloric acid

Latest price (February 20): 164.00 yuan/ton

The domestic market price of hydrochloric acid rose slightly on February 20, up 8 yuan/ton or 5.13% from February 17, and down 34.40% from the same period last year. The upstream liquid chlorine market has risen slightly recently, and the cost support has increased. The downstream polyaluminum chloride market has been consolidated at a low level, and the ammonium chloride market has been consolidated at a high level. The downstream purchasing willingness is general.

Recently, the domestic market price of hydrochloric acid may rise slightly, with the average market price of about 170 yuan/ton.

The price of DOTP fell in shock this week

According to the data monitoring of the Business Agency, as of February 17, the average price of DOTP was 9925 yuan/ton, down 1.24% from the average price of 10050 yuan/ton on February 10. The rise of DOTP was weak, and the price of DOTP fell in shock this week.

The price of raw materials fell sharply this week

According to the data detection of the business agency; As of February 17, the price of isooctanol was 9500 yuan/ton, down 2.40% from the price of isooctanol of 9733.33 yuan/ton on February 10. The demand is weak, the price of isooctanol fluctuates and falls, the cost of DOTP falls, and the downward pressure of DOTP price increases.

According to the data of the Business Agency, as of February 17, the PTA price was 5522.73 yuan/ton, down 1.70% from the price of 5618.18 yuan/ton on February 10; Compared with the price of 5476.36 yuan/ton on February 15, the price increased by 0.85%. The cost support is insufficient, the downstream wait-and-see sentiment remains, the PTA demand is weak, the PTA price fluctuates and falls this week, the DOTP cost support is insufficient, and the DOTP will fall under great pressure in the future.

Aftermarket expectation

According to DOTP data analysts of the Business Agency, the raw material of plasticizer DOTP, isooctanol, fell sharply this week, the price of PTA stopped falling, the price of plasticizer DOTP raw material fell, the demand for DOTP was weak, and the cost of DOTP fell. It is expected that DOTP will fall sharply in the future.

1、 Price trend

According to the monitoring data of the Business News Agency, the average market price of domestic chlorinated paraffin 52 was 5566 yuan/ton on February 10, and the average market price of domestic chlorinated paraffin 52 was 5733 yuan/ton on February 16. The price of chlorinated paraffin rose 2.99% this week.

2、 Market analysis

The market price of chlorinated paraffin rose this week. The price of raw material liquid chlorine continued to rise this week, and the cost support was strengthened. At present, the market demand is stable, the trading atmosphere is acceptable, and the chlorinated paraffins market is operating steadily and well. Downstream procurement is based on demand, and terminal demand is to be released. As of February 16, the ex-factory price of chlorinated paraffin 52 in Anhui Province was about 6300 yuan/ton, and the ex-factory price of chlorinated paraffin 52 in Shandong Province was about 5400 yuan/ton.

In terms of raw liquid wax, the price of liquid wax rose first and then fell this week. The market transaction atmosphere was not good, and the liquid wax fluctuated with the crude oil market. In terms of raw liquid chlorine, the price of liquid chlorine rose this week, with good market transactions and smooth enterprise shipments.

3、 Aftermarket forecast

According to the chlorinated paraffin analyst of the Business Agency, the chlorinated paraffin market is going well with the rising price of liquid chlorine as the raw material of chlorinated paraffin. At present, intra-site trading has increased, and downstream demand has gradually warmed up. It is expected that the market price of chlorinated paraffin will rise steadily in the short term.

Recent price trend of isooctanol

It can be seen from the above figure that the ex-factory price of isooctanol in Shandong Province fell slightly this week. This week, the average ex-factory price of isooctanol mainstream manufacturers in Shandong fell from 10666.67 yuan/ton at the end of last week to 9733.33 yuan/ton at the end of this week, down 8.75%. Compared with the same period last year, it fell 31.29% year-on-year. The isooctanol commodity index on February 12 was 71.57, which was the same as yesterday, down 47.95% from the cycle’s highest point of 137.50 (2021-08-08), and up 103.61% from the lowest point of 35.15 on February 1, 2016. (Note: the period refers to September 1, 2011 to now)

Insufficient upstream support and weaker downstream demand

From the manufacturer’s quotation, the ex-factory quotation of Shandong isooctanol mainstream manufacturers fell slightly this week: Jianlan Chemical’s octanol unit is under maintenance; Lihuayi isooctanol quoted 9600 yuan/ton at the end of this week, down 1000 yuan/ton from the end of last week; Hualu Hengsheng quoted 10000 yuan/ton of isooctanol at the end of the week, down 800 yuan/ton from the beginning of the week.

From the perspective of the upstream raw material market of isooctanol, the propylene market fell slightly this week. The price fell from 7623.25 yuan/ton at the beginning of the week to 7558.25 yuan/ton at the end of the week, down 0.85%, down 9.05% year-on-year. The market price of upstream raw materials fell slightly, and the cost support weakened. Affected by the supply and demand side, it had a negative impact on the price of isooctanol.

From the downstream market of isooctanol, the factory price of DOP fell slightly this week. The price of DOP dropped by 6.16% from 10710.00 yuan/ton at the end of last week to 10050.00 yuan/ton at the end of this week, down 23.28% year-on-year. Downstream DOP prices fell slightly, and downstream customers’ enthusiasm for isooctanol procurement weakened.

Future prospects

In the middle and late February, the market price of isooctanol in Shandong Province was mainly subject to small fluctuations. The upstream propylene market fell slightly and the cost support was insufficient. Downstream DOP market fell slightly, and downstream demand weakened. The isooctanol analyst of the business agency believes that the short-term domestic isooctanol market may fall mainly due to small fluctuations under the influence of supply and demand and raw materials.

According to the monitoring data of Business News Agency, the price of steam coal was weak this week. The energy index stood at 1101 points on February 12, unchanged from yesterday, down 29.47% from the highest point of 1561 points in the cycle (2021-10-21), and up 115.46% from the lowest point of 511 points on March 1, 2016. (Note: the period refers to 2011-12-01 to now)

In terms of origin, the coal mine resumed production after the Spring Festival, and the market supply increased, but the market trading atmosphere was general. The price of coal in main producing areas has declined, with the price reduction range ranging from 30-50 yuan/ton. Downstream production resumed after the Spring Festival, but steam coal was mainly purchased on demand.

In terms of downstream ports, the market sales were average, the market quotation declined, and the enthusiasm for taking goods in the downstream was average, and the transaction was relatively weak. The end users’ demand for steam coal is generally limited, and they are mainly wait-and-see attitude. They also think that the port inventory is high, and they still have a downward attitude towards the future coal price.

According to the monitoring of the Ministry of Commerce, the national coal price dropped slightly last week (from January 30 to February 5), including 1592 yuan, 1475 yuan and 944 yuan per ton of No.2 anthracite lump coal, coking coal and steam coal, down 1.4%, 1.0% and 0.7% respectively.

Analysts from the Business News Agency believe that the production of steam coal in the production area will resume after the holiday, and the market supply will increase. In terms of downstream ports, the purchase enthusiasm of power plants is general, and the transaction is relatively weak. It is estimated that the price of steam coal will remain weak in the later stage, depending on the downstream market demand.

Price trend

According to the bulk list data of the Business News Agency, the domestic PC market was weak in the first half of February, and the spot prices of various brands were generally reduced. As of February 10, the reference offer of the sample PC enterprises of the Business Club was about 17183.33 yuan/ton, up and down by+1.53% from the beginning of the month.

Cause analysis

In terms of raw materials: it can be seen from the above figure that after the festival, pure benzene and phenol ketone rose, while bisphenol A rose with raw materials, and the market rose sharply. Recently, due to the fluctuation of crude oil market, the strength of double raw materials is not strong, and the purchasing volume of new orders is obviously insufficient due to the excessive digestion of inventory at the demand end, so the bisphenol A market is weak.

On the supply side: the utilization rate of PC production capacity is about 70% in the near future, and the pressure on the supply side has been greatly increased compared with the previous period. At the same time, there is news that new devices have been put into production recently. The flow of domestic goods is sluggish, and the pressure on the supply side is also increased.

In terms of demand: in the first ten days of February, the downstream of PC just needed to maintain production, and the operators had a heavy wait-and-see mentality. At present, the resumption of work of terminal enterprises is slow, and there is pre-holiday inventory that needs to be digested, resulting in weak intra-field trading. The traders’ mentality is weak, and the operation is biased to yield profits and take orders.

Aftermarket forecast

In the first ten days of February, the PC market fluctuated and fell, the upstream bisphenol A market weakened, and the support for PC cost weakened. The load of domestic polymerization plants has hit a high level in recent years, while the demand side has not followed up well, and the pressure on the supply side has increased sharply. It is expected that the PC market will continue to weaken due to the impact of supply and demand contradiction in the near future.