Trade name: ammonium sulfate

Latest price: 1826 yuan / ton

Key points of analysis: the price of ammonium sulfate was stable on December 21, which was flat compared with the previous trading day. Today, the ammonium sulfate Market is still depressed, and the atmosphere in the venue is poor. At present, there is no good news about ammonium sulfate. The downstream is mainly on the sidelines, and the trading volume is declining. The export market continued to slow down, and enterprises adjusted prices flexibly.

Future forecast: the price of ammonium sulfate will decline slightly in the short term.

According to the data monitoring of business agency, the average market price of dimethyl ether in Henan was 3760.00 yuan / ton on December 17 and 3785.00 yuan / ton on December 20, with an increase of 0.66% and a decrease of 8.30% compared with December 1.

On December 20, the domestic dimethyl ether market rose steadily as a whole. The increase rate in Henan, the main production area, was mostly about 30 yuan / ton. There was little change in the markets of Hebei and Shandong. The overall transaction atmosphere of the market was general. The horizontal consolidation of the raw methanol market brought Limited benefits to dimethyl ether. It is expected that the dimethyl ether market will continue to rise in the short term, or stabilize on a large scale.

According to the data monitored by the business agency, as of December 17, the average quotation price of domestic premium DMF enterprises was 14775.00 yuan / ton. The DMF price fluctuated upward this week, up 2.6% compared with the same period last week, with an overall increase of about 300 yuan / ton. The DMF price will rise in the short term.

This week, the DMF market fluctuated upward, the price was strong and slightly upward, and the negotiation focus was high. Compared with the same period last week, the price increased by 2.6%, or about 300 yuan / ton. At present, the manufacturers have strong willingness to support the price, the negotiation focus is high, the operating rate is stable, and there is no pressure on inventory, so as to promote downstream follow-up procurement.

Upstream methanol: methanol market consolidation this week. The price fluctuation announced by major production enterprises in Northwest China this week is small, and there is no obvious fluctuation in the price of major production enterprises in Shandong. The port inventory increased, the inventory discharge of mainland enterprises and the downstream demand for formaldehyde weakened, and the market trading atmosphere was weak.

On December 17, the chemical index was 1102 points, down 1 point from yesterday, down 21.29% from the highest point of 1400 points in the cycle (2021-10-23), and up 84.28% from the lowest point of 598 points on April 8, 2020. (Note: the period refers to the period from December 1, 2011 to now)

Business agency DMF analysts believe that: in the short term, the trend of DMF is strong and upward in a narrow range. (to know more about the latest industry market trends, welcome to pay attention to the official account of the business community, obtain commodity information, and grasp the price of commodities).

Latest price (December 16): 4743.33 yuan / ton

Key points of analysis: according to the data monitoring chart of business agency, the domestic LNG market continued to rise on December 16, and the price increased by 2.15% compared with the previous day. Recently, some liquid plants have been shut down, the supply has decreased, and due to cost considerations and the decline of temperature, the market trading has improved to a certain extent, the domestic liquid price has continued to rise, and the imported gas continues to decline slightly.

Future forecast: it is expected that there will still be an increase in expectations in the short term, but the market negative factors have not retreated and the increase is not large.

Trade name: titanium concentrate

Latest price: December 15: 2155 yuan / ton

Key points of analysis: the market price of titanium concentrate in Panxi area is basically stable. At present, the market situation of titanium concentrate is OK. The downstream titanium dioxide enterprises continue to issue price increase letters, and the titanium dioxide market stops falling and stabilizes. The market inquiry increased and the overall market turnover improved.

Forecast: the price of titanium concentrate will be mainly stable in the short term.

Trade name: formic acid

Latest price (December 14): 4200 yuan / ton

On December 14, the market price of formic acid was temporarily stable, flat compared with the previous trading day, down 2.33% compared with the price at the beginning of the month and 44% compared with the price on November 14. At present, the raw materials methanol and caustic soda are in weak operation, the price of sulfuric acid is temporarily stable, the price of liquid ammonia rises slightly, the cost support is limited, the downstream inquiry and procurement efforts are OK, the enterprise mainly ships, and the market trading is orderly.

It is expected that the formic acid market may be stable in the short term.

1、 Price summary on December 10:

Shijiazhuang Refining & Chemical Co., Ltd. offers 5650 yuan / ton, and Qilu Petrochemical Co., Ltd. offers 5650 yuan / ton,

Yangba offers 5550 yuan / ton,

Guangzhou Petrochemical offers 5800 yuan / ton,

Changling refinery offers 5700 yuan / ton,

Shandong Jingbo Petrochemical offers 6101 yuan / ton.

2、 Fluctuation trend:

3、 Analysis and comments:

In terms of crude oil, the market’s concern about the impact of the mutant strain Omicron on the global economy and crude oil demand has been alleviated. Superimposed on OPEC + control of production, it is unlikely that Iranian oil will return to the international market in the near future. The oil market remains in a tight balance, the oil price has been supported, and the international oil price has risen again.

Last Friday, the international oil price continued to rise, but the toluene market was cautious. The downstream only needs support. The Northeast cargo is sold out, the supply increases, the market is under pressure and the mentality is empty.

1、 Price trend

According to the monitoring data of business agency, the price of caustic soda decreased. At the beginning of the week, the market price in Shandong was 802.5 yuan / ton, and the average market price in Shandong was 785 yuan / ton at the weekend. The price decreased by 2.18%, and the price increased by 60.2% compared with the same period last year.

2、 Market analysis

Caustic soda prices fell this week. The overall start-up of caustic soda is high and the inventory is sufficient. At present, the liquid caustic soda shows a downward trend. The main reason for the downward trend is that the liquid caustic soda inventory of the main alumina plant in Shandong, the main production area, is sufficient and the demand for caustic soda is general. The price of caustic soda in Shandong is weak, and the mainstream ex factory price of 32% caustic soda is about 700-830 yuan / ton. The purchase price of liquid alkali was lowered in the alumina market, and the price of liquid alkali was lowered due to insufficient downstream support.

Downstream: the alumina support in the downstream of caustic soda is insufficient. At present, alumina enterprises generally purchase caustic soda and constantly exert pressure on caustic soda. The demand for alumina is general, and the shipment of caustic soda enterprises is general.

According to the price monitoring of the business society, in the 48th week of 2021 (11.29-12.3), there were 0 kinds of commodities rising, 5 kinds of commodities falling and 0 kinds of commodities falling. The main commodities falling were caustic soda (- 6.69%), light soda (- 5.54%) and PVC (- 2.71%). The average rise and fall this week was – 3.36%.

Business analysts believe that recently, the overall transaction of caustic soda is weak, the alumina downstream of caustic soda is mainly purchased on demand, the shipment of caustic soda is general, and the market transaction is weak. It is expected that caustic soda will continue to be weak in the future, depending on the downstream market demand.

At present, the latest quotation of ethylene oxide industrial chain: the ex factory price of ethylene oxide in East China, North China, South China and Northeast China is 7500 yuan / ton, and the ex factory price in Central China is 7700 yuan / ton, which is the same as that of the previous trading day.

Upstream ethylene continued to decline slightly, and the external price of ethylene in Northeast Asia was USD 1060 / T, down $20 / T from the price of the previous trading day; The external price of ethylene in Southeast Asia is US $1045 / ton, and the quotation of Jinshan Lianmao ethylene today is 7800 yuan / ton, which is the same as that of the previous trading day. Affected by the decline of raw materials, the loss of ethylene oxide was reduced. According to the latest external price, ethylene oxide is currently at a loss of 100 yuan / ton.

The overall performance of the downstream polycarboxylate superplasticizer monomer is flat. The distribution quotation of Linyi Ruihang (Sanjiang monomer) hPEG today is 8800 yuan / ton; The ex factory quotation of Hubei Lingan hPEG is 9300 yuan / ton, and the price of TPEG is 9600 yuan / ton; The price of domestic hPEG of Shanghai Dongda chemical monomer is 9200 yuan / ton, and the price of imported TPEG is 9500 yuan / ton.

During the week, the market is still worth mentioning the situation of Zhenhai Refining and chemical industry. Shangyu Industrial Park bears the brunt of the outbreak in Shangyu area. Zhenhai Refining and chemical EO cut eg and increased the eg start from 70% to full load. In the later stage, we need to pay attention to the impact of epidemic prevention, logistics and other factors. Although the supply of ethylene oxide in East China was slightly tightened and the number of people taking delivery in North China increased compared with the previous period, the upstream ethylene price continued to decline slowly, which also depressed the ethylene oxide Market at the cost side, and the downstream profit space was thin. In addition, the demand side remained depressed, the manufacturers’ production enthusiasm was weakened, and some manufacturers reduced the load. Overall, ethylene oxide Market is more likely to remain stable.

Trade name: acrylic acid

Latest price (December 9): 15733.33 yuan / ton

The acrylic acid market fell on December 9, down 6.72% compared with the previous trading day and 11.11% compared with the price on November 9. At present, the price of raw material propylene is mainly stable, the cost support is limited, the supply side is sufficient, the downstream receiving enthusiasm is weak, the procurement is mainly on demand, and the focus of market negotiation is downward.

It is expected that the acrylic acid market will be dominated by weakness in the short term.