1、 Price trend
According to the Commodity Market Analysis System of Shengyi Society, as of August 22, the reference average price of the domestic urea market was 1775 yuan/ton, which is 0.50% higher than the reference average price of 1766 yuan/ton on August 18.
2、 Market analysis
market situation
This week, the domestic urea market price first rose and then fell. This week, the urea futures market price first rose and then fell, and the spot market followed the fluctuations of the futures market. As of August 22, the urea market prices in Shandong are around 1740-1780 yuan/ton, Hebei is around 1770 yuan/ton, Henan is around 1750-1780 yuan/ton, Hubei is around 1770 yuan/ton, and Liaoning is around 1760 yuan/ton.
Supply and demand situation
This week, the domestic urea market is experiencing oversupply. On the supply side, during the maintenance of some urea plants this week, the daily production slightly increased, and the market supply remains sufficient. In terms of demand, the autumn agricultural demand for urea has entered the off-season, and downstream compound fertilizer enterprises have low purchasing enthusiasm.
3、 Future forecast
Business Society’s urea analyst believes that the domestic urea market has been weak and declining recently. At present, the trading atmosphere in the urea market has weakened, with a small amount of downstream purchases and no significant improvement in demand. It is expected that in the short term, the domestic urea price will be weak and mainly operated through consolidation.

According to the monitoring of the commodity market analysis system of Shengyi Society, the price of activated carbon at the beginning of the week was 12933 yuan/ton, and the price of activated carbon at the end of the week was 12933/ton, which is stable.
The prices of domestic activated carbon manufacturers have remained stable this week, with the ex factory price of activated carbon for coconut shell water purification in East China ranging from 9000 to 13000 yuan/ton. Currently, the market is experiencing stable sales without favorable support, and high prices have hindered downstream use. The focus is on market transactions.
Coconut shell carbonization material is one of the important raw materials for producing sodium electric hard carbon negative electrode materials. The current situation of China’s coconut shell carbonization material market shows a high dependence on imports. 95% of coconut shell carbonization materials in China rely on imports, with the Philippines and Indonesia as the main supply bases, and Vietnam, Thailand, Malaysia, Sri Lanka and other countries also have some sources of supply. The proportion of domestically produced coconuts and coconut shells in the world is extremely small. ‌‌
Prediction: Domestic market transactions are hindered, and it is expected that the price of activated carbon will mainly fluctuate in the short term.

The market price of epichlorohydrin has risen this week. According to the monitoring and analysis system of Shengyi Society, as of August 21st, the benchmark price of Shengyi Society’s epichlorohydrin was 11300 yuan/ton, a decrease of 0.88% compared to early August.
Price influencing factors:
Raw material side: This week, the price of raw material propylene has fallen slightly, while the price of glycerol remains high and firm. Overall, the cost side is still under high pressure, and coupled with the decrease in spot supply inventory, the price of epichlorohydrin continues to rise. According to the market analysis system of Shengyi Society, as of August 21st, the benchmark price of propylene in Shengyi Society was 6548.25 yuan/ton, an increase of 1.79% compared to the beginning of this month (6433.25 yuan/ton).
Demand side: The downstream epoxy resin market has a strong wait-and-see attitude, with a focus on small orders for essential needs. At present, the capacity utilization rate of the epoxy resin market is about 50%, and the supply is relatively loose. Some downstream enterprises have tentatively raised prices, but due to weak terminal demand and a cold trading atmosphere, there are very few actual orders. Overall, the demand side has limited support for the epoxy chloropropane market.
Market forecast: Analysts from Shengyi Society believe that the prices of glycerol and propylene on the cost side are consolidating at a high level, and spot inventory in the market is decreasing. Epoxy chloropropane manufacturers are optimistic and have a positive upward trend. It is expected that the epoxy chloropropane market will operate steadily and strongly in the near future, and more attention still needs to be paid to changes in raw material prices and market supply and demand.

According to the commodity analysis system of Shengyi Society, the hydrogen peroxide market has experienced an upward trend and fluctuated upwards since August 4th. On August 4th, the average market price of hydrogen peroxide was 690 yuan/ton, and on August 20th, the average market price of hydrogen peroxide was 700 yuan/ton, with a price increase of 1.45%.
Positive news leads to a rise in the hydrogen peroxide market
Since August 4th, there has been an increase in terminal demand in the printing and papermaking industries. Some manufacturers of hydrogen peroxide have stopped for maintenance, easing supply pressure and leading to a rise in hydrogen peroxide prices. As of August 20th, the average price in the domestic market has risen to around 700 yuan/ton. Market transactions have improved, and the market is heating up.
The hydrogen peroxide analyst from Shengyi Society believes that at the end of August, the demand for terminal printing and papermaking industry will support the tight supply of hydrogen peroxide, and the future market trend is expected to r

ise.

According to the price data from Shengyi Society, as of August 19th, the average selling price of PET is 6000 yuan/ton, indicating an increase in price. Crude oil fell over the weekend, but rebounded slightly on Monday. Geopolitical risks (the US Russia meeting did not reach an agreement) pushed Brent crude oil up 0.06% to $66.63 per barrel, but limited transmission to polyester costs. However, as costs rose in the afternoon and the market atmosphere improved, traders pushed prices higher and PET market prices rose accordingly.
The bottle tablet industry will be in a period of concentrated production capacity from the second half of 2023, with relatively loose supply expectations. However, since July, there has been a concentrated production reduction in the bottle chip industry. In August, the main polyester bottle chip factories continued to maintain a production reduction of 20% or more, which started in July. This has eased inventory pressure, and some specifications are tight, providing some support for prices.
Downstream demand has shown a flat performance, affected by the continuous decline in raw materials and the depreciation of inventory in the early stage. The atmosphere for new weaving orders has not improved significantly, and buyers are still holding a wait-and-see attitude. Downstream demand is mostly for essential purchases, which has limited driving effect on the price of polyester bottle chips.
Business Society believes that the short-term price range is between 5900-6050 yuan/ton. If crude oil rebounds and PTA production rate further decreases, it may test 6100 yuan/ton; If demand remains weak or exports are hindered, or if the support level of 5850 yuan/ton is lowered.