I. Trend analysis

According to the data monitoring of business associations, this week (6.17-6.21) domestic cis-butadiene rubber prices fell slightly, the price at the beginning of the week was 11,487 yuan/ton, the weekend price was 1,1250 yuan/ton, the overall decline of 2.07%.

II. Market Analysis

Petrochemical ex-factory price: This week (6.17-6.21) domestic cis-butadiene rubber petrochemical factory ex-factory price overall reduced by 500 yuan/ton, as of June 21, Daqing Petrochemical cis-butadiene rubber ex-factory price 11,000 yuan/ton.

Rubber import and export: In May 2019, China imported 507,000 tons of natural and synthetic rubber, a decrease of 8.98% in ring ratio, and 263.5 tons in January-May. Compared with the same period last year, it decreased by 3.5%.

Raw Material: The price of raw material butadiene rose slightly this week, and the cost of cis-butadiene rubber was more profitable than the price of cis-butadiene rubber. According to the business association, butadiene was 8390 yuan/ton at the beginning of the week and 8434 yuan/ton at the end of the week, up 0.52% on the whole.

Demand: According to statistics, in May 2019, domestic rubber tyre tyre output was 72.043 million, down 2.33% annually, up 0.2% year-on-year; in January-May, domestic rubber tyre output was 33.3767 million, down 2.4% year-on-year.

3. Prospects for the Future Market

Xu Xiaokun, a business analyst, believes that at present, on the one hand, the price of upstream butadiene has risen slightly, which supports the price of synthetic rubber, on the other hand, the downstream market of rubber continues to be weak, forming a negative atmosphere for cis-butadiene rubber as a whole. In the later period, the market of cis-butadiene rubber will maintain a narrow fluctuation.

Price Trend

Aniline market prices in Shandong and Nanjing remained stable this week compared with last week, according to a large list of business associations. The mainstream price in Shandong is 5700 yuan/ton, while that in Jiangsu is 6050 yuan/ton.

II. Analytical Review

Raw Material: This week, pure benzene is well supported by downstream styrene. At the beginning of this week, all pure benzene enterprises have raised their prices. Towards the weekend, the mentality of the pure benzene market has fallen, but the factory is still dominated by a high price mentality, and the low price supply is difficult to find. And pure benzene has long been in the inverted state of internal and external chains, and the overall price of aniline forms a support.

Products: Shandong Jinmao 100,000 tons/year aniline plant has been overhauled since the beginning of June with a planned overhaul of one month; Nanhua 100,000 tons/year plant overhaul in early June; Shandong Dongying Huatai 100,000 tons/year plant half-load operation; Lanhua 70,000 tons/year plant overhaul; Taixing Xinpu 100,000 tons/year plant permanent shutdown.

Downstream: This week, the overall MDI is on the rise, up 1.45%, supporting the price of aniline.

III. Future Market Expectations

The price of raw material pure benzene will support the price of aniline because of the significant cost-surface pressure.

In June, aniline production enterprises had more overhauls, less supply and tight supply. It is expected to recover somewhat in late June.

Aniline market has warmed up, downstream enterprises resume production, relevant rubber additives, reactive dyes companies will increase the purchase of aniline.

Aniline is expected to rebound in the future, the market will usher in a wave of  increasing

On June 20, the fluorite commodity index was 107.89, unchanged from yesterday, down 15.37% from the peak of 127.49 points in the cycle (2019-01-03), and up 119.24% from the low of 49.21 points on December 18, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, domestic fluorite prices have maintained a high trend, with the average domestic fluorite price of 3075 yuan/ton as of the 20th day. In recent years, domestic fluorite plants have been operating normally, mines and flotation plants have been operating normally, the supply of fluorite in the field is slightly tight, and the price of hydrofluoric acid in the downstream has risen recently. For the fluorite market, the price of fluorite market has risen on demand. Recent downstream installation start-up situation is general, fluorite spot supply is normal, terminal downstream pick-up situation improved, resulting in rising market price trend. As of the 20th, the price of 97 fluorite wet powder in Inner Mongolia was 2900-3100 yuan/ton, the mainstream of 97 fluorite wet powder negotiations in Fujian was 3000-3300 yuan/ton, the price of 97 fluorite wet powder in Henan was 2900-3200 yuan/ton, and the price of 97 fluorite wet powder in Jiangxi was 3000-3300 yuan/ton. The price trend of fluorite remained high.

The price trend of hydrofluoric acid Market in downstream fluorite is rising. As of the 20th day, the domestic market price of hydrofluoric acid is 1,1940 yuan/ton. The price fluctuation of hydrofluoric acid market has a certain positive impact on the upstream fluorite market. However, the recent start-up of hydrofluoric acid plant is general. The demand for fluorite has weakened and the price fluctuation of fluorite has been running. Recent downstream refrigerant product installations started at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid product price trend is stable. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 60%, R22 market facility start-up rate is temporarily stable, the main manufacturer of bulk water out of the factory offer price is between 18,000-19,000 yuan/ton, but the manufacturer does not have bulk water spot, mainly a small number of cylinders shipped. In addition, the actual demand side of the market has not changed much, and the delivery quotation is general. Domestic market price trend of R134a shocks, production enterprises equipment start-up rate remains low, refrigerant market demand is general, manufacturers mainly export. But the price of on-site transactions does not change much. Businessmen buy on demand. Generally speaking, the downstream industry is in a general market. In addition, the fluorite market supply is normal and the price of fluorite is rising. Chen Ling, an analyst of business associations, believes that the price of fluorite market may rise slightly.

On June 19, the PX commodity index was 58.40, unchanged from yesterday, down 42.97% from its peak of 102.40 points in the cycle (2013-02-28), and up 28.21% from its low of 45.55 points on February 15, 2016. (Note: Period refers to 2013-02-01 to date).

According to statistics, the market price trend of p-xylene in China was temporarily stable on the 19th. Pengzhou Petrochemical Plant operated steadily in the field. Urumqi Petrochemical Plant started 50% of its operation. Fuhai Created Aromatic Hydrocarbon Plant started one line. CNOOC Huizhou Refinery and Chemical Plant was overhauled. Hengli Petrochemical PX Plant was put into operation. Other units operated steadily temporarily due to the introduction of new units. Domestic market supply of p-xylene is normal, and market price trend of p-xylene is temporarily stable. The opening rate of PX units in Asia is about 80%. On June 18, the closing price of p-xylene in Asia dropped by 5 US dollars per ton. The closing price is 781-783 US dollars per ton FOB in Korea and 800-802 US dollars per ton CFR in China. More than 50% of the domestic units need to be imported. The decline of foreign prices has a negative impact on the domestic market price of p-xylene. The price trend of p-xylene in the market is stable for the time being.

On June 18, the price of WTI crude oil in July rose to 53.90 U.S. dollars per barrel, an increase of 1.97 U.S. dollars. Brent crude oil in August rose to 62.14 U.S. dollars per barrel, an increase of 1.20 U.S. dollars. Crude oil price trend rose, which has a cost supporting effect on the price of downstream petrochemical products. The price of Brent crude oil in August went up. The situation is temporarily stable. Recently, the textile industry has stabilized temporarily, PTA price has increased slightly on the 19th. The average price of East China is raised near 5750-5850 yuan/ton. As of the 18th day, the domestic PTA start-up rate is about 88.5%, the polyester industry start-up rate is about 88.5%, and the downstream production and sales rate remains high. However, PTA market price shocks. The price of PX market in the later period is expected to be high or low. Will be low shock.

On June 17, the phthalic anhydride commodity index was 54.83, down 0.64 points from yesterday, down 54.36% from the peak of 120.13 points in the cycle (2012-02-28), and up 13.24% from the low of 48.42 points on January 21, 2016. (Note: Period refers to 2011-09-01 to date).

Recently, the domestic market price of phthalic anhydride has declined slightly, the market of phthalic anhydride in eastern China has maintained a weak position, downstream factories have maintained just-in-demand purchasing, factory inventory pressure has continued, high-end transactions have been hindered, the mainstream of on-site neighbouring source negotiations is 5600-5700 yuan/ton, and the mainstream of naphthalene source negotiations is 5200-5300 yuan/ton; the mainstream quotation of phthalic anhydride market in North China is 5600-5700 yuan/ton, which The price of phthalic anhydride in China is stable, the spot supply of phthalic anhydride is normal, the market is not good, and the price of phthalic anhydride is declining.

Recently, the execution price of the upstream product of phthalic anhydride, Sinopec o-phthalic anhydride, is 5900 yuan/ton. The actual transaction price in the market is 5900 yuan/ton. The quotation is declining, and the port’s market is general. The price of raw materials mixed xylene in upstream is lower, the turnover of phthalic anhydride is general, the stock of phthalic anhydride in port is low, the quotation of phthalic outer plate is lower, the cost of imported phthalic anhydride is oscillating, the actual transaction price is detailed, the price trend in upstream is declining, and the market price of phthalic anhydride is declining. DOP downstream price is lower, DOP downstream demand is general, customer procurement enthusiasm is not good, DOP market mainstream transaction price is about 7000 yuan/ton, DOP downstream price is still under pressure, downstream price is slightly lower, demand for upstream phthalic anhydride is limited, phthalic anhydride market price is slightly lower, it is expected that the later market price of phthalic anhydride will be about 5600 yuan/ton.

Price Trend

According to the price monitoring of business associations, as of June 17, the average price of domestic methanol market was 2186 yuan/ton, and the domestic market of methanol tended to be stable.

II. Market Analysis

Products: The northwest methanol market is stable. The overall market in Inner Mongolia is stable at about 1850 yuan/ton. The shipment situation of local enterprises is general. The methanol market in North China is stable for the time being. Shandong Lunan area is affected by environmental protection, and some enterprises limit production. Eastern China’s methanol market is slightly light, buyers and sellers are slightly deadlocked, and the Middle East oil tanker accident has little stimulation to the market. The central China market is running steadily for the time being. The main enterprises’offer is temporarily stable. Although the traders have certain operation actions, the actual single operation is limited. The downstream is still dominated by just demand, the demand is weak and difficult to change. The overall transaction is still relatively general. At present, the Luoyang area talks about 2070-2080 yuan/ton. The methanol market in South China is weak and the overall atmosphere is not good. With the end of the “Meiyu” season in South China, terminal demand has risen, but with the storm of Middle East tankers fading, spot prices in South China eventually fall again.

Industry chain: formaldehyde: formaldehyde market is light and stable. Each enterprise’s offer is temporarily stable, the upstream methanol market is tidying up and running, and the downstream market is not well started as a whole, the demand side is weak and difficult to change, and the overall turnover is relatively light. Dimethyl ether: The price of dimethyl ether is stable and the trading atmosphere is good. International crude oil rebounded strongly, and good news support was evident. Acetic acid: The domestic acetic acid market is stable. The four major suppliers in East China are still in short supply. The main suppliers are pre-delivery orders. Neighbouring production enterprises have successively delivered pre-orders, with a small number of new orders, and some stock quantities have accumulated, while the offer price is temporarily stable.

3. Future Market Forecast

Business Cooperative Viewpoint: At present, the upstream inventory is under great pressure, and the downstream follow-up is cautious. The pace of trading in various markets is not warm. The upstream and trade mentality are still not optimistic in the short term. Business Cooperative Methanol Analysts expect that the domestic methanol market will remain weak in the short term.

I. Lithium hydroxide price trend:

According to the data monitoring of business association lithium hydroxide, the price of lithium hydroxide is running smoothly. At present, the mainstream price of domestic industrial lithium hydroxide is between 85000 and 95000 yuan/ton.

II. Market analysis:

Product: Lithium hydroxide Market is stable. At present, Shanghai Yulun industrial grade lithium hydroxide is quoted at 88000 yuan/ton, Zigong Tongfarong industrial grade lithium hydroxide is quoted at 90000 yuan/ton, and Shanghai Oujin industrial grade lithium hydroxide is quoted at 85000 yuan/ton. The specific price is one-sided.

Industry: In 2019, there are many projects for production of lithium hydroxide in China, but when the demand is not as good as expected, manufacturers can only focus on overseas markets. It is expected that the export volume will double compared with 2018. Japan and South Korea are still major exporters.

Industry chain: upstream lithium carbonate domestic market weak consolidation, low-end focus of negotiations, strong willingness to ship factories.

3. Future market forecast:

According to business associations, the domestic industrial lithium hydroxide Market in the short term will be mainly stable.

On June 13, the fluorite commodity index was 105.26, up 0.44 points from yesterday, down 17.44% from 127.49 points in the cycle (2019-01-03), and up 113.90% from 49.21 points on December 18, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the domestic fluorite price trend has risen, the average domestic fluorite price is 3000 yuan/ton as of the 13th day. Recently, the domestic fluorite plant started normally, the mine and flotation plant in the field started normally, the supply of fluorite in the field is slightly tight, and the price of hydrofluoric acid in the downstream is rising recently. For the fluorite market, the price trend of fluorite market is on demand. Rise. Recent downstream installation start-up situation is general, fluorite spot supply is normal, terminal downstream pick-up situation improved, resulting in rising market price trend. As of the 13th, the price of 97 fluorite wet powder in Inner Mongolia was 2700-3000 yuan/ton, the mainstream of 97 fluorite wet powder in Fujian was 2800-3100 yuan/ton, the price of 97 fluorite wet powder in Henan was 2700-3100 yuan/ton, and the price of 97 fluorite wet powder in Jiangxi was 2800-3200 yuan/ton. The price trend of fluorite was rising.

The price trend of hydrofluoric acid Market in downstream fluorite is rising. As of the 13th day, the domestic market price of hydrofluoric acid is 11880 yuan/ton. The fluctuation of the market price of hydrofluoric acid has a positive impact on the upstream fluorite market. However, the recent start-up of hydrofluoric acid plant is general. The demand for fluorite is weakening and the price of fluorite is oscillating. Recent downstream refrigerant product installations started at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid product price trend is stable. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 60%, R22 market facility start-up rate is temporarily stable, the main manufacturer of bulk water out of the factory offer price is between 18,000-19,000 yuan/ton, but the manufacturer does not have bulk water spot, mainly a small number of cylinders shipped. In addition, the actual demand side of the market has not changed much, and the delivery quotation is general. Domestic market price trend of R134a shocks, production enterprises equipment start-up rate remains low, refrigerant market demand is general, manufacturers mainly export. But the price of on-site transactions does not change much. Businessmen buy on demand. Generally speaking, the downstream industry is in a general market. In addition, the fluorite market supply is normal and the price of fluorite is rising. Chen Ling, an analyst of business associations, believes that the price of fluorite market may rise slightly.

Commodity Name: Ethyl Acetate

Market Price (East China, June 12): 5300 yuan per ton delivered

The main points of analysis are as follows: the domestic ethyl acetate market continues to rise, the overall start-up of domestic ethyl acetate plant is low, and the recent rise of raw material acetic acid is continuous. Some exports of ethyl acetate alleviate the situation of oversupply in the market. The double favorable support of cost and demand gives ethyl acetate confidence and drives the market transaction to rise gradually. Export orders digest domestic inventories, and some manufacturers have obvious intentions to continue to rise, and the market of ethyl acetate is gradually rising. At present, the offer in East China is 5300 yuan per ton, in South China 5350 yuan per ton, and in North China 5250 yuan per ton. Business associations expect the short-term ethyl acetate Market to be stable.

On June 10, the fluorite commodity index was 104.61, unchanged from yesterday, down 17.95% from the peak of 127.49 points in the cycle (2019-01-03), and up 112.58% from the low of 49.21 points on December 18, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, domestic fluorite prices have risen, with an average price of 2981.25 yuan/ton as of the 11th day. Recently, domestic fluorite plants have been operating normally, mines and flotation plants have been operating normally, the supply of fluorite in the field has been slightly tight, and the price of hydrofluoric acid in the downstream has risen recently. For the fluorite market, the price of fluorite market has risen on demand. Recent downstream installation start-up situation is general, fluorite spot supply is normal, terminal downstream pick-up situation improved, resulting in rising market price trend. As of November 11, the price of 97 fluorite wet powder in Inner Mongolia was 2700-3000 yuan/ton, that in Fujian was 2800-3100 yuan/ton, that in Henan was 2700-3100 yuan/ton, and that in Jiangxi was 2800-3200 yuan/ton. The price of 97 fluorite wet powder rose.

The price trend of hydrofluoric acid Market in downstream fluorite is rising. As of November 11, the domestic market price of hydrofluoric acid is 1,1830 yuan/ton. The price fluctuation of hydrofluoric acid market has a certain positive impact on the upstream fluorite market. However, the recent start-up of hydrofluoric acid plant is general, and the demand for fluorite is weakening, and the price fluctuation of fluorite is running. Recent downstream refrigerant product installations started at a low level, the upstream fluorite and hydrofluoric acid demand is general, the recent downstream refrigerant trading market is general, hydrofluoric acid product price trend is stable. Recent downstream refrigerant market transactions are cool, R22 refrigerant facility starts at 60%, R22 market facility start-up rate is temporarily stable, the main manufacturer of bulk water out of the factory offer price is between 18,000-19,000 yuan/ton, but the manufacturer does not have bulk water spot, mainly a small number of cylinders shipped. In addition, the actual demand side of the market has not changed much, and the delivery quotation is general. Domestic market price trend of R134a shocks, production enterprises equipment start-up rate remains low, refrigerant market demand is general, manufacturers mainly export. But the price of on-site transactions does not change much. Businessmen buy on demand. Generally speaking, the downstream industry is in a general market. In addition, the fluorite market supply is normal and the price of fluorite is rising. Chen Ling, an analyst of business associations, believes that the price of fluorite market may rise slightly.