1、 Price trend of propylene oxide

(Figure: p-value curve of propylene oxide product)

2、 Market analysis

Propylene oxide market continued to rise this week. According to the data of business news agency’s block list, as of December 25, the average quotation price of propylene oxide enterprises was 18300 yuan / ton, up 2.81% compared with the beginning of the week, and down 5.18% compared with November 25.

At present, all the factories have no inventory, the tight spot supply situation continues, and the downstream new orders are weak, but there are generally orders to be delivered, which supports the market. The delivery and investment are stable, and the inventory of the industrial chain is low. This week, the new orders of propylene oxide manufacturers continue to rise. At the beginning of the week, the mainstream price of propylene oxide Market in Shandong was around 17600-17700 yuan / ton, while the current mainstream price of propylene oxide Market in Shandong is around 18100-18200 yuan / ton.

Upstream propylene, December 24, Shandong propylene market prices have declined. According to the price chart of the business community, propylene prices rose continuously in late November, with an increase of over 12%. From the end of the month to the beginning of the month, the price remained stable again. On the 4th, the price began to rise comprehensively. From the 3rd to the 8th, the price rose about 450 yuan / ton, up 5.90%. On the 9th, the price remained stable. On the 10th, some enterprises made up for the price rise, and some enterprises fell slightly. On the 11th, the price began to decline for the second time, and continued to decline on weekends. On the 14th, the price dropped 200-250 yuan / ton In addition to the upward trend, the overall price rose by about 50 yuan / ton on the 21st and then remained stable. Today, some of the prices fell. The current market transaction is between 7850 yuan / ton and 8150 yuan / ton, and the mainstream price is between 7900 yuan / ton and 7950 yuan / ton. Now the factory stock is not much, the pressure is not big, the shipment is general.

Downstream propylene glycol, according to the monitoring data of the business community, as of December 24, the factory price of domestic industrial grade propylene glycol reference 11166.67 yuan / ton, increased by 5.02% compared with the beginning of the week; downstream soft foam polyether, on December 25, the market price of soft foam polyether in Shandong rose, the price of raw material epoxy propylene alkane rose, the cost was under pressure, the downstream chasing high sentiment was limited, the demand for rigid replenishment still existed, and the manufacturers were very satisfied The attitude of the market does not change, and the market talks have gone up.

3、 Future forecast

Business community propylene oxide analysts believe that the current raw material propylene prices down, the impact of the cost side is limited, the supply and demand relationship dominates the market, the current supply is still tight, it is expected that in the short term, the propylene oxide market will mainly run at a high level, more still need to pay attention to market information.

According to the monitoring data of the business community, as of December 23, the reference average price of silicone DMC market in the mainstream areas of data monitoring was 29000 yuan / ton, which was 2333 yuan / ton lower than a week ago (reference price 31333 yuan / ton on December 14), a decrease of 7.45%; and 4333 yuan / ton lower than the price at the beginning of the month (reference price 33333 yuan / ton on December 1), a decrease of 13%.

Since December, the market of silicone DMC has been weak and downward

In the first ten days of December, China’s domestic silicone DMC market showed a weakening trend. The main reason is that the high and firm price of silicone DMC in recent years has made the downstream unable to bear. The resistance to the high price has increased, and the purchasing enthusiasm has also declined. Therefore, we should be more cautious and wait-and-see. However, due to the fact that the silicone DMC factories still deal with the early orders, the spot supply is always tight. Therefore, although the silicone DMC was in a weak situation at the beginning of this month, only a few factories with high offer lowered the ex factory quotation of silicone DMC by 2000 yuan / ton, and most other factories still maintained firm quotation. As of December 13, the high-end offer of silicone DMC market is around 32500-33000 yuan / ton.

In late December, on December 14, a leading silicone DMC manufacturer in Shandong sharply reduced the ex factory quotation of silicone DMC by 3500 yuan / ton, and the ex factory quotation of silicone DMC dropped to 29000 yuan / ton. Most of the other factories closed the silicone DMC once again. On the 16th and 17th, Shandong Dachang lowered the ex factory quotation of silicone DMC to 27000 yuan / T. In this week, the downstream demand is still insufficient, and the market is running in a weak position. The closed offer is common, and most of them do not offer. The manufacturer’s quotation of silicone DMC is reduced by 500-1000 yuan / ton.

At present, the news of silicone DMC market is relatively calm. After the decline of silicone DMC, there is no large-scale replenishment in the downstream, and most of them are still waiting to fall. At present, there are a small number of stock holders in East China, and the market quotation is around 28000-30000 yuan / ton.

As of December 23, according to the monitoring data of business agency, the average price of silicone DMC market quotation in the mainstream areas of data monitoring was 29000 yuan / ton, which was 2333 yuan / ton or 7.45% lower than that one week ago (reference price of 31333 yuan / ton on December 14), and 4333 yuan / ton or 13% lower than that at the beginning of the month (reference price of 33333 yuan / ton on December 1).

On the upstream side, since December, China’s metal silicon market has been stable and slightly down, As of December 23, 2020, Fujian ᦇ 441 silicon market price is stable, the current price range is 13400-13600 yuan / ton, with an average market price of 13500 yuan / ton; Huangpu port area ා 441 silicon market price is reduced by 50 yuan / ton, the current price range is 14000-14100 yuan / ton, and the average market price is 14050 yuan / ton; the metal silicon market in Shanghai is stable, with the current price range of 14800-15000 yuan /The average price is 14900 yuan / ton. According to the data monitoring of business agency, the reference price of silicon metal is 14025 yuan / ton, which is 0.72% higher than that on December 1 (13925 yuan / ton).

Demand cautious short term silicone DMC weak finishing operation

At present, the market of silicone DMC is weak and stable, and the purchasing power of downstream is weakened. In addition, the support of raw materials is also relatively weak in the early stage, and many factories are closed. Therefore, the business society silicone DMC data division believes that in the short term, the silicone DMC market will be mainly based on maintaining stability and finishing operation.

According to the monitoring data of the business agency, as of December 22, the ex factory price of domestic industrial grade propylene glycol was 11166 yuan / ton. Compared with December 20 (reference price of 10633 yuan / ton), the average price was increased by 533 yuan / ton, an increase of 5.02%; compared with December 1 (reference price of 12633 yuan / ton), the average price decreased by 1467 yuan / ton, or 11.61%.

Raw material trend callback drives propylene glycol market to rise finally

Since the beginning of this month, the domestic industrial propylene glycol market has been fluctuating and falling due to the dual impact of the upstream raw material propylene oxide Market and the insufficient downstream demand. Since last week, the quotation of some factories has been increased occasionally, but due to the influence of insufficient demand, the inventory has gradually accumulated and has to yield profits for shipment. Until this week, the price of propylene oxide as raw material has been adjusted back, which has led to a sharp rise in the market price of propylene glycol. At present, on the supply side, it is reported that dep propylene glycol may have a parking and maintenance plan recently, and it is expected that the short-term market inventory may be reduced, but the inventory in the factory is still relatively abundant; in terms of demand, the downstream purchase of propylene glycol is not strong, In terms of raw material cost, according to the trend of raw material propylene oxide in recent two days, the cost support of propylene glycol is obviously increased compared with the previous period, and the support is more powerful.

According to the monitoring data of the business agency, as of December 22, the ex factory price of domestic industrial grade propylene glycol was 11166 yuan / ton. Compared with December 20 (reference price of 10633 yuan / ton), the average price was increased by 533 yuan / ton, an increase of 5.02%; compared with December 1 (reference price of 12633 yuan / ton), the average price decreased by 1467 yuan / ton, or 11.61%.

Upstream, since the end of last week, the domestic propylene oxide market has begun to rise steadily, enterprises overhaul, factory inventory is not much, supply is tight. In this week, propylene oxide supply did not improve significantly, downstream demand was better, orders increased, and propylene oxide market continued to rise. At present, as of December 22, the overall trend of domestic propylene oxide market continued to be strong, with the reference price of propylene oxide of 17800.00 yuan / ton, up 3.6% compared with December 1 (17166.67 yuan / ton).

Cost support and demand can not be combined with propylene glycol short-term finishing operation

At present, the trend of raw material propylene glycol is better, which gives strong support to propylene glycol cost, but the demand for propylene glycol is still not negligible. Therefore, the data analyst of business community propylene glycol believes that in the short term, the domestic propylene glycol market will be narrow, and the adjustment range is limited.

1、 Price trend

This week, the factory price of urea in Shandong remained stable for the time being, with an offer of 1836.67 yuan / ton, up 8.04% over the same period last year. Overall, this week’s urea market temporarily stable, December 18 urea commodity index was 85.43.

2、 Market analysis

From the manufacturer’s quotation point of view, the mainstream urea factory price in Shandong this week is temporarily stable. At the end of this week, the price of Yangmei plain urea was 1850 yuan / ton, which was temporarily stable compared with the beginning of the week; Shandong Ruixing urea was quoted at 1820 yuan / ton at the end of this week, which was temporarily stable compared with the beginning of the week; the price of open water urea was 1840 yuan / ton this weekend, which was temporarily stable compared with the beginning of the week.

From the perspective of supply and demand, the overall domestic demand is weak. Affected by the air pollution control, the plate operating rate continues to decline. Downstream compound fertilizer enterprises purchase moderately, and the agricultural sector makes inquiries. The operators are cautious about high price goods and do not prepare a lot of goods.

From the perspective of upstream and downstream industrial chain, the overall rise of urea upstream products this week: the price of liquefied natural gas was temporarily stable, with the quotation of 5366.67 yuan / ton, up 29.32% year-on-year; the price of liquid ammonia rose this week, from 3216.67 yuan / ton at the beginning of the week to 3233.33 yuan / ton at the end of the week, an increase of 0.52%, and a year-on-year decrease of 0.72% compared with the same period of last year. This week, the price of melamine downstream of urea was temporarily stable, with a price of 7200.00 yuan / ton. Overall, this week urea cost support is strong.

3、 Future forecast

In the last ten days of December, the market situation of urea in Shandong was mainly fluctuated. According to urea analysts of business club, the current demand for agriculture is one, downstream industries are enthusiastic about urea purchasing, and industrial demand is purchasing on demand. It is expected that the short-term urea market will fluctuate slightly.

According to the sample data monitored by the business agency, the domestic ethanol market price was 6975 yuan / ton at the beginning of the week and 6962 yuan / ton at the weekend, with a decrease of 0.18% during the week, a rise of 2.58% on a month on month basis, and a 25.68% rise year-on-year.

In terms of regional market conditions, the ethanol market in Northeast China is stable; the ethanol market in East China and Shandong is high; the ethanol market in Henan is weak; the molasses ethanol market in Guangxi is high; the ethanol market in Guangdong is up; the ethanol market in Anhui is strong; the ethanol market in Sichuan is in operation; and the ethanol market in Yunnan is in a wait-and-see manner.

From the perspective of raw corn, from the point of view of raw corn, this week, corn prices are weak, domestic temporary storage corn is targeted, and the market bullish expectation is further weakened. From the perspective of demand, the downstream liquor demand has not been significantly improved, and it is mainly based on rigid demand procurement. In terms of export, the demand for sterilized alcohol abroad is weak, so the downstream demand for ethanol is still weak.

The latest price trends of ethanol market in different regions:

Region, category, price

Shandong area: 6900-7000 yuan / ton

Excellent grade in Shandong Province: 7500-7600 yuan / ton

No water in Shandong Province 7600-7650 yuan / ton

General grade 6800-6900 yuan / ton in southern Jiangsu

In southern Jiangsu Province, no water: 7350-7450 yuan / ton

General grade 6950 yuan / ton in Northern Jiangsu

In Anhui Province, corn is about 7000-7150 yuan / ton

Cassava in Anhui Province is about 6900 yuan / ton

Anhydrous water in Anhui Province is about 7700 yuan / ton

Excellent grade in Henan Province: 6950-7050 yuan / ton, tax included

Anhydrous ethanol in Henan Province: 7400-7500 yuan / ton

Hebei Province: 6750-6800 yuan / ton

No water coal in Hebei Province 7000-7050 yuan / ton

Honey alcohol in Guangxi: 7300-7400 yuan / ton

Cassava alcohol in Guangxi: 7100-7200 yuan / ton

Absolute ethanol in Guangxi: 7550 yuan / ton

In Guangdong, cassava alcohol is about 7300-7400 yuan / ton

Anhydrous cassava ethanol in Guangdong Province is about 7950-8000 yuan / ton

General grade of corn alcohol in Heilongjiang Province: 6400-6600 yuan / ton, tax included

Jilin area ordinary alcohol 6650 yuan / ton including tax

Corn alcohol in Sichuan is about 7500-7600 yuan / ton, including tax

Molasses alcohol in Yunnan: 6800 yuan / ton

Cassava alcohol 6900 yuan / ton in Yunnan

In terms of logistics, freight is rising at present. Heilongjiang Shandong freight is 350 yuan / ton, Heilongjiang north Jiangsu 545 yuan / ton, Anhui Nanchang 250 yuan / ton, Henan Sichuan 500 yuan / ton, Guangxi Qinzhou Guangdong Dongguan 160-220 yuan / ton. The above prices are without tickets.

It is possible that the price of raw material corn will weaken slightly. In the aspect of logistics, it is difficult to improve in the short term. The price continues to rise. Under the stable supply, the price may fall down. In the short term, the domestic ethanol market is expected to be in the doldrums.

1、 Price trend

Take sulfuric acid rutile titanium dioxide, which has a large volume in the domestic market, as an example. According to the data of the business club’s large list, the price of titanium dioxide rose this week. At the end of last week, the average price of titanium dioxide in China was 16000 yuan / ton, while that of this week was 16666.67 yuan / ton. The price rose by 4.17% during the week.

2、 Market analysis

This week, titanium dioxide price high operation, new single price high. Up to now, the domestic ex factory price of rutile titanium dioxide is 16300-17000 yuan / ton, and that of anatase titanium dioxide is 13500-14500 yuan / ton. At present, the export orders of enterprises have increased, and the foreign trade export market has maintained a good growth. The domestic spot is very tense, and the price is high.

In October 2020, China’s titanium dioxide output was 322900 tons, an increase of 20700 tons compared with September, a month on month increase of 6.85%, and a year-on-year increase of 17.57%. From January to October, the total output of titanium dioxide was about 2.8392 million tons, an increase of 9.57% over the previous year, an increase of 248000 tons.

According to customs data, in October 2020, China’s titanium dioxide export was about 110200 tons, a year-on-year increase of 38.84%, and a month on month decrease of 1.43%. From January to October, the cumulative export was about 1.005 million tons, with a year-on-year increase of 21.88%. In October 2020, China’s titanium dioxide import was about 16600 tons, a year-on-year decrease of 8.88%, and a month on month increase of 13.90%. From January to October, the total import was about 139800 tons, with a year-on-year increase of 3.08%.

In terms of raw materials, the price of titanium concentrate in Panxi area is stable this week, and some prices are slightly loose. Downstream buyers are under great pressure and mainly wait-and-see, and the actual transaction situation is general. Up to now, the price of 46,10 titanium ore is 1890-2100 yuan / ton for small and medium-sized manufacturers, 2050 yuan / ton for 47,20 ore and 1320-1350 yuan / ton for 38,42 ore without tax. Downstream cost pressure is high, procurement is more cautious, titanium concentrate shipping pressure. In the short term, the price of titanium concentrate is stable. It is a single opinion.

According to customs data, China imported 285900 tons of titanium ore in October, up 5.73% year-on-year and 41.02% month on month. From January to October, the total import was about 2.4608 million tons, with a year-on-year increase of 18.76%. In October, China exported 567 tons of titanium ore, down 77.64% year-on-year and 75.79% month on month. From January to October, the total export volume was about 19048 tons, a year-on-year decrease of 3.67%.

3、 Future forecast

Business Club titanium dioxide analysts believe: the current raw material titanium ore price is high, titanium dioxide cost support is strong. In terms of demand, the export of titanium dioxide kept a good growth, and the overall inventory of manufacturers was low. Domestic spot is relatively tight, the price is high. It is expected that the spot market of titanium dioxide will continue to strengthen in the short term, and the actual transaction price will be discussed.

According to the data monitored by the business agency, as of December 16, the average price of domestic power lithium iron phosphate was 36000.00 yuan / ton, the market price was stable, the supply and demand were balanced, the downstream demand was limited, the operating rate remained high, and the market demand was not significantly improved. At present, the price of dynamic lithium iron phosphate was stable, the market was mainly stable, and there was no significant change in price changes.

The price range of lithium iron phosphate power market is 33000-36000 yuan / ton, and the average price is 35000 yuan / ton. The price is stable, the downstream demand has not been significantly improved, and the overall market purchasing atmosphere is general. At present, the power type lithium iron phosphate 34000-36000 yuan / ton, the price is mainly stable, the enterprise starts normal, the merchant ships actively, the logistics is smooth, the transaction price basically maintains the cost online and offline, inventory No pressure, mostly contract customers. In the second half of 2020, with the advent of new cars, the demand for lithium iron phosphate has not been significantly increased. With its safety performance, service life and price advantages, LiFePO4 has a firm foothold in the industry. With the development of society, people have higher requirements for the endurance of electric vehicles, taking into account the cost, safety performance and service life of electric vehicles in the future In the market, the market share of LiFePO4 will be further improved.

At present, the mainstream price of industrial grade lithium carbonate ranges from 42500 yuan / T to 45000 yuan / T. the overall market negotiation center is stable, and the battery grade lithium carbonate price range is 46000-47500 yuan / T.

The chemical index on December 15 was 847 points, 6 points lower than yesterday, 16.63% lower than 1016 points (2012-03-13), and 41.64% higher than 598 points, the lowest point on April 8, 2020. (Note: period refers to 2011-12-01 to now)

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

This year (2020), due to the occurrence of global public health events, bulk products will be affected to varying degrees. As a by-product of crude oil, the trend of LPG is not optimistic. In this special year, the LPG market has been abnormal, showing a rise in the off-season and a decline in the peak season, with the “original” changes during the period. By comparing the trend of LPG civil market in recent four years, it can be found that the overall price of LPG is at a low level, and the price has fallen below the historical low price.

2020 is coming to an end. Throughout the year, the overall trend of the haze shrouded LPG civil market is weak, with only a short-term high price at the beginning of the year, and then “going further and further” on the downward road. During the year, there were several obvious rebounds in the market, but failed in the end, and the rising market was fleeting like a flash in the pan. It is worth mentioning that on March 30, LPG futures and options were listed and traded in Dalian Commodity Exchange simultaneously. LPG futures and options are the first gas energy varieties in China’s futures market, and also the first varieties of futures and options launched simultaneously.

The commercial agency selects the representative civil market of Shandong Province for monitoring. According to the trend chart, it can be seen that in 2020, the civil market of liquefied petroleum gas will be “down” in the first half of the year and “stagger forward” in the second half of the year. At the beginning of the year, the average price of civil gas in Shandong was 4583.33 yuan / ton, and the average price at the end of the year was 3443.33 yuan / ton, with a drop of 24.87% during the year. It can be seen from the figure that in 2020, the highest price of Shandong civil gas market will appear on January 7, with an average price of 4883.33 yuan / ton, and the lowest price on May 26, with an average price of 2660.00 yuan / ton. The maximum earthquake amplitude of the whole year is 45.53%, with great fluctuation in the first half year and frequent fluctuation in the second half year. (as of December 13, 2020, for more data, please pay attention to the subscription service of Business Club)

The first quarter: postpone the start of construction and the “cliff type” decline of liquefied gas market with weak supply and demand

At the beginning of the year (January 1-7), with the launch of CP price explosion in January, supporting the domestic gas price to rise, the market continued the upward trend of the end of 2019, and the price continued to rise. On the 7th, the price rose to the highest point in the year, and then the falling mode was started. Before the Spring Festival, manufacturers’ inventory and inventory demand, in order to stimulate downstream into the market, were forced to continue to yield profits for shipment. Due to the impact of global public health events, although the Spring Festival holiday is over, the terminal market has been delayed to start work, the demand has been significantly reduced, the manufacturers’ shipment has been blocked, and the inventory pressure has been great. The continuous profit sharing has stimulated the downstream market to enter the market, and the price has fallen again and again. On February 10, boosted by the rise of international crude oil, the price rebounded periodically, but the good time was not long, and the terminal demand did not improve significantly. On the 24th, the market fell again. In the later period, with the collapse of crude oil in March, the market continued its downward trend and ended the first quarter with a fall.

In the second quarter, the demand of “stall economy” increased, and the LPG market fluctuated upward

In the second quarter, there was an irrational “big rise and fall” in the market. On April 12, propane in the downstream of liquefied gas surged by 1000 yuan / ton in a single day. As an upstream raw material, liquefied gas prices rose sharply. From April 13 to 15, LPG rose by 15.52% on the 2nd. The rise of propane is due to the indirect drive of polypropylene. Propane, as the main raw material of propylene, indirectly drives up propane under the surge of propylene. But the overall propane market is not as optimistic as it appears. Although propane is the upstream of propylene, the main use of domestic propane is fuel, rather than dehydrogenation to propylene. This rise lacks fundamental support. Then propane unexpectedly ushered in a rational correction, with the propane down, the market lack of support, falling as scheduled. Moreover, the international crude oil fell, the news suppressed the market mentality, the downstream wait-and-see mood increased, the market entry was not positive, manufacturers’ shipment was not smooth, the inventory was gradually increased, and the LPG market was forced to continuously decline. Then, under the influence of the May Day holiday, the market ushered in a small wave of upward trend, but the rising market came and went in a hurry. Due to the sufficient market supply, the price continued to fall after the downstream replenishment. The overall market rose slightly in June. With the development of “stall economy”, snack stalls increased, and the demand for civilian market increased, but the impact of global public health events was still there, and the rise did not continue.

In the third quarter: “rise in the off-season and decline in the peak season”, the LPG market shows a “Λ” trend

Since July, the market continued to push up, the weather was hot, terminal demand was limited, but prices continued to rise in the traditional off-season. The main reason is that the international crude oil rose more and fell less, which brought obvious support to the market, and the domestic gas mainly followed the rise; secondly, CP rose in July and August, which was higher than expected, which brought certain support to the market; in addition, the refinery centralized overhaul in July, and the overall market supply decreased. In the lower reaches of the market, the buyers are active in entering the market, the manufacturers deliver goods smoothly, and the market transaction atmosphere is good. Some of the stocks are in the middle and low level, and the mentality is relatively strong, and the price has continuously risen to a high level. However, in the traditional sales peak season of “Jinjiu”, the market did not go up as expected, but fell continuously. At the end of August, with the introduction of Saudi Aramco CP price, propane remained stable. Although butane rose, the increase was significantly lower than expected, which provided limited market support. In addition, the decline of international crude oil price significantly depressed the LPG market. With the decrease of temperature, the terminal demand is expected to increase, but the current market situation has not changed, terminal consumption is still weak, most of the downstream purchasing capacity is insufficient, the manufacturer’s shipping atmosphere is not good, the market supply changes little, and the output is relatively sufficient, leading to the failure of “Jinjiu”, and the market mainly falls.

In the fourth quarter: “silver ten” began to make efforts to open up liquefied gas market all the way

During the double festival holiday, the market has opened the upward route. After the festival is continued to rise sharply, the rise in South China is the most prominent rise, the market is more sustained. This rise is not unexpected, in the peak season, rising prices are reasonable. Due to this year’s “Jinjiu” did not rise but fell, the price in September has fallen to a relatively low level. In October, international crude oil rose more than fell, bringing strong support to the market. After the festival, the downstream inventory and replenishment demand was more positive, the manufacturers shipped smoothly, and the inventory was mostly at a low level. In terms of market supply, the import gas at the port decreased significantly compared with that in September. In terms of market demand, the weather temperature continued to drop in October, especially in the northern market. The terminal demand increased, and the market showed a periodic imbalance between supply and demand, and the rise continued until mid November. Affected by the fall of international crude oil, the market followed the weakness on November 15. Downstream with the end of the early replenishment, have been delisted to consume inventory, manufacturers to ship blocked, the atmosphere of market transactions than in the early days. After entering December, the market improved again. There were many favorable factors in the market, and the domestic civil gas market continued to rise. At the end of November, the price of Saudi Aramco CP was introduced, and propylene butane rose, which significantly boosted the market, and the price generally stopped falling. In December, the manufacturers in the lower reaches of the market were in a relatively low level, the weather was much better, and the inventory situation in the lower reaches was significantly improved.

LPG import and export statistics from January to October 2020 (unit: ton)

2020

January February March April May June July August September October

Import volume: 259.39 126.52 166.08 201.15 166.55 153.95 191.88 177.98 179.42

The export volume was 12.37 10.77 8.70 6.05 7.01 7.84 8.88 9.74 7.48

LPG production from January to October 2020 (unit: 10000 tons)

2020

January February March April May June July August September October

The yield was 622.2 346.3 377.6 392.9 380.3 387.6 369.7 373.4 386.2

Saudi Aramco CP price trend chart in 2020:

Comparison of upstream and downstream commodity indexes of LPG in 2020

It is only half a month before the end of 2020. In terms of demand, it is currently in winter. Affected by the temperature drop, the market has good rigid demand. In terms of supply, the output of main refineries is relatively stable. Up to now (December 11), the atmosphere of market transaction has become lighter than that of the previous period. Most of the civil gas market has stabilized, but the price is still relatively firm, and some regions still have supplementary operations. Due to the mutual rise and fall of international crude oil, the market support is limited. With the price rising to a relatively high level, the downstream resistance increased and the enthusiasm for entering the market decreased. The shipment situation of manufacturers is general, and the inventory has increased to varying degrees, but the overall situation is still under control. Generally speaking, in the short term, the LPG civil market will not rise sharply or end in 2020 with a strong market. Looking back on 2020, the global public health events have a great impact on LPG, and the annual price is at a low level. The price is a new historical low price, which constantly impacts the mentality of the industry. In the first half of the year, supply and demand were weak. In the second half of the year, with the improvement of the epidemic situation, the market recovery and the arrival of the peak season, the market also improved. Looking forward to 2021, the impact of the epidemic on the market will become weaker, and the LPG market may return to normal level. It is necessary to adjust the band according to the natural law, increase the price in the peak season, and fall in the off-season. The annual trend may show a trend of first suppressing and then rising. The average price is higher than this year, and more attention should be paid to the trend of crude oil and the price of imported gas.

Price trend

Acetic anhydride rose sharply in December, according to the monitoring data of acetic anhydride market. As of December 14, the average price of acetic anhydride was 7600.00 yuan / ton, which was 12.32% higher than that of 6766.67 yuan / ton at the beginning of December (December 1), and 67.96% higher than that of last year.

Acetic acid price trend

It can be seen from the trend chart of acetic acid price that the price of acetic acid rose more than 36% in December. In general, the cost of acetic anhydride rose sharply in December. The driving force for the rise of acetic anhydride increased, and the market of acetic anhydride rose.

Methanol price trend

It can be seen from the methanol price trend chart that the methanol price rose sharply in December. The cost of acetic anhydride rose in December, and the methanol price rose. The acetic anhydride market rose more and more.

Market review and future forecast

According to Bai Jiaxin, an analyst of acetic anhydride data from the business agency, the prices of acetic anhydride raw materials acetic acid and methanol rose sharply in December, and the cost of acetic anhydride rose sharply, and the driving force for the rise of acetic anhydride market was greater. In general, the price of acetic anhydride raw materials has not only skyrocketed, but the market of acetic anhydride has continued to rise.

According to the data monitored by the business agency, as of December 11, the average price of domestic rubber grade white carbon black was 4733.33 yuan / ton, the market was running smoothly, the downstream just needed to purchase, the price was slightly reduced, the overall supply and demand of the market was balanced, showing a weak operation, the purchasing atmosphere was flat, most of the contract customers were contract customers, the quotation range was maintained between 4000-5000 yuan / ton, the shipment was smooth, and the inventory was adequate.

This week, the domestic rubber grade silica market stable trend, at present, the shipment is smooth, the negotiation atmosphere is general, the demand is not good, the downstream just needs to purchase, the merchants take the goods carefully, the shipment is slow, the current gas phase silica price is about 22000 yuan / ton, the domestic supply and demand of fumed silica is balanced, the shipment is slow, Shandong Shouguang Changtai micro nano factory 5300 yuan / ton, Shandong Lihua new material Material Co., Ltd. 4700 yuan / ton, Boai County Xiangsheng silicon powder Co., Ltd. 4200 yuan / ton.

In the early stage, the supply of hydrochloric acid is mainly stable in the upstream market, and the market is stable and stable.

The chemical index on December 10 was 856 points, up 2 points compared with yesterday, 15.75% lower than 1016 points (2012-03-13), and 43.14% higher than 598 points, the lowest point on April 8, 2020. (Note: period refers to 2011-12-01 to now)

White carbon black analysts believe that: in the short term, the silica market maintains a stable operation situation, and the price fluctuation range is limited. (the above prices are provided by major silica manufacturers all over the country and sorted out and analyzed by business silica analysts for reference only. Please contact relevant manufacturers for more price details.)