Category Archives: Uncategorized

China’s domestic silicone DMC market finally meets steady upward trend

According to the monitoring data of the business community, as of May 20, the reference average price of silicone DMC market in the mainstream areas of data monitoring was 27100 yuan / ton. Compared with May 14 (the reference average price of silicone DMC was 26566 yuan / ton), the average price increased by 534 yuan / ton, or 2.01%. Compared with May 1 (the reference average price of silicone DMC was 27600 yuan / ton), the average price decreased by 500 yuan / ton, or 1.81%.

In May, after the end of the holiday, the market of silicone DMC in China fell sharply. Some factories didn’t receive orders well during the holiday, and the inventory accumulated. On the 7th and 8th, the quotation of silicone DMC factories decreased significantly, by 500-1000 yuan / ton. On the 8th, the ex factory quotation of silicone DMC from a leading silicone DMC factory in Shandong fell to 25200 yuan / ton. After the sharp drop in prices, the lower reaches of the wait-and-see mood is even more serious. They are particularly cautious about buying and hoarding goods. They are afraid that the market will continue to decline, and most of them are negative in the market. On the 11th, a few silicone DMC factories with slightly higher price cut the factory price of silicone DMC again by 200-500 yuan / ton. Then the market maintained a weak operation.

Trading atmosphere heats up domestic silicone DMC market in late May

Until the end of May, on the 17th, a leading chemical enterprise in Shandong Province substantially increased the ex factory quotation of silicone DMC. The price of silicone DMC was increased from 25500 yuan / ton to 26400 yuan / ton, with an increase of 900 yuan / ton. The price increase of a large factory gave the market a certain boost. On the 18th and 19th, the market price of silicone DMC continued to rise steadily. Shandong leading manufacturers continued to raise the ex factory price of silicone DMC to 26800 yuan / ton. Other manufacturers also followed the upward trend. At present, as of the 20th, the silicone market has been closed more and more. The reference price of domestic silicone DMC is around 26800-27500 yuan / ton, and the average price is 27100 yuan / ton. Compared with the 16th of last weekend, the average price has increased by 533 yuan / ton, or 2.01%. Compared with the beginning of last month, the average price has decreased by 500 yuan / ton, or 1.81%.

According to the business news agency, the following is the current DMC price of some domestic silicone enterprises and the start-up of the plant in May (the price is for reference only)

On the downstream side, the price of raw rubber market in the downstream is also rising steadily with the support of the strong trend of silicone DMC in the upstream. The price of raw rubber market is around 28400-29600 yuan / ton.

Silicone DMC market is stable and strong, and it is expected to continue to explore in the later period

At present, in late May, the overall trading atmosphere of domestic silicone DMC market has improved, the downstream stock activity has increased, and the operation of downstream silicone products has also increased. The confidence of the industry is sufficient. Analysts of silicone DMC of business news agency believe that in the short term, the market of silicone DMC is expected to continue to move up, and the specific trend needs to pay more attention to the factors of supply and demand.

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May 19 glass spot price up

Trade name: glass

Latest price may 19: 34.25 yuan / m2

Analysis points: on May 19, the focus of glass spot market rose, and the overall trading mood was good. Factory inventory is low, enterprise production and marketing is good, and traders and glass processing enterprises have high enthusiasm to take goods. The supply of goods in North China is relatively tight, and the downstream deep processing enterprises tend to hoard goods. The production and sales in Central China are good, the prices of enterprises are rising in an orderly way, and the market confidence is good. The supply of goods in South China is tight, and the delivery of goods by enterprises is regulated. In the short term, the inventory of production enterprises is low, the supply of goods in some areas is tight, the glass market confidence is good, and the focus of transaction is strong.

Forecast: in the short term, the price of glass spot market will increase slightly.

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In the middle of May, the price of ABS rose

Price trend:

According to the data of business club’s block list, the overall trend of ABS market in the first half of May was positive, and all brands of products were consolidated after rising. As of May 18, the average price of general ABS mainstream offer was about 18600 yuan / ton, up 1.22% from the average price in early April and 61.04% from the same period last year.

Factor analysis:

Raw materials, so far, domestic Styrene Market in the first half of may in the cost support and tight spot supply driven by shocks upward, spot maintain strong. Recent crude oil trend twists and turns, the price position is high. In terms of fundamentals, oil prices still have strong support. The direct raw material pure benzene maintains a positive market. At present, the maintenance of pure benzene plant is concentrated, the downstream new demand is affected, the domestic pure benzene supply is short, the market price is low and the listed price of Sinopec is rising continuously, which supports the price of styrene. It is expected that styrene will still be in strong operation in the short term.

For butadiene, the domestic butadiene market was mainly consolidated in early May. In terms of price, the trading atmosphere of butadiene market in East China was cold and slightly weak. Business intention to stabilize the price offer, but the downstream inquiry is weak, high price source transaction is not smooth. Under the game of supply and demand, the domestic butadiene market is expected to have no obvious positive support in the short term, and the trend may be consolidation.

In the first ten days of May, the ABS cost side market was generally strong, and the support for ABS cost side was strong. In the early stage, the situation of increasing supply in petrochemical enterprises due to high operating rate has been improved. In the recent period, the maintenance of production units is relatively concentrated, and the burden reduction of enterprises is good for the supply side. The previous accumulated reserves have to be gradually digested. The spot market rose with the trend. By the middle of the month, the ABS price was at a high level, the end-user’s resistance was gradually rising, and the trading atmosphere began to shrink. In addition, the current demand has not been large-scale, ABS is hindered in the game between supply and demand.

Future forecast:

Business analysts believe that: in the first half of May, ABS spot market generally rose, the current price position reached a monthly high in the first ten days of consolidation, and recently the price has come down. The trend of raw materials is generally strong, and the support for ABS cost is acceptable. The downstream factories follow up passively, no hoarding operation, strong resistance to high price sources. The Business Association believes that the supply side will be given extra support in the industry overhaul season, and the terminal consumption is difficult to be large-scale. In the short term, the disk may be fine tuned to find a balance point. It is expected that the ABS spot market may continue its high consolidation trend in the near future.

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Weak supply and demand, persistent PA66 market stalemate

Price trend

According to the data of the business club’s block list, the domestic PA66 market was stable in the second week of May, with a slight drop in the spot prices of various brands. As of May 17, the average offer price of PA66 medium viscosity injection molding sample enterprises was about 40900 yuan / ton, a decrease of 0.61% compared with the average price at the beginning of the month, and a rise of 113.58% compared with the same period last year.

Cause analysis

The price of adipic acid in the upper reaches of China has dropped from a high level in recent years due to the high price of adipic acid in the early stage. However, after May, there was no sign of a pause in the market. The current price range of adipic acid in East China was about 10380 yuan / ton, a 5.12% drop compared with the beginning of the month. On the supply side, the starting price of adipic acid enterprises was high in April, and the inventory pressure gradually increased. However, the current market is in a relatively off-season, downstream procurement is slowing down, and the speed of delivery is obviously declining, so the operation of reducing prices and going to the warehouse has become the mainstream. Under the influence of increasing supply pressure and relatively weak demand, the price lost its support and gradually went down. According to the business association, adipic acid is still in the cycle of destocking, the price is easy to fall but difficult to rise, and it is difficult to relieve the pressure of market supply in the later stage in the short term. It is expected that the market of adipic acid may not improve in the near future.

In terms of raw material adipic acid market, the cost side support of PA66 was weakened due to the rapid cooling, and the overall performance of PA66 market was light recently. The current consolidation market to undertake the high callback in April, PA66 supply and demand pattern has been weak for more than a month and a half. Compared with the decline of some upstream, the improvement of raw material supply is still not obvious, and the continuous high cost is the main reason for the weak supply and demand of PA66. At present, the overall operating rate of domestic PA66 industry is still low, and individual enterprises still have parking maintenance problems. At the same time, although there is no pressure on the inventory, the profit margin is compressed, and the production and shipment mainly meet the early orders. The end-user purchasing strategy is mainly cautious, and the trading kinetic energy is insufficient, so it is difficult to increase the market demand.

Future forecast

Analysts from business news agency said: in the second week of May, the domestic PA66 market was still under the influence of high cost pressure of tight raw material supply, and the profit margins of polymerization enterprises and end users were seriously compressed. The atmosphere in the venue was weak, and the situation of weak supply and demand continued. In the case of the downstream passive delivery, it is difficult to expect the demand side to make efforts. There is resistance to high price goods delivery. It is understood that the real order transaction is relatively flexible, and the price center of gravity may have dropped. PA66 market is expected to continue the trend of weak stalemate in the short term.

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Potassium nitrate prices rose this week (5.10-5.14)

According to the data monitored by the business society, the domestic first class industrial grade potassium nitrate quotation at the beginning of the week was 4410.00 yuan / ton, while that of domestic first class industrial grade potassium nitrate was 4450.00 yuan / ton at the weekend, up 0.91%, and the current price rose 1.71% on a month basis, and the current price rose 3.19% year on year.

This week, the domestic market of potassium nitrate rose, the market supply was tight, most of which was concentrated in the hands of large traders, covering the market and sparing sales, and the overall supply was low. Downstream market purchases on demand, market trading atmosphere is still acceptable, potassium nitrate market continues to rise. According to statistics of business agency: this week, domestic mainstream manufacturers of potassium nitrate offer 4200-4600 yuan / ton (quotation is for reference only), and different prices are different according to the purchase situation.

Recently, the quotation of the mainstream manufacturers of potassium chloride is at a high level: on May 14, the KCl equipment of Qinghai Salt Lake Potash Fertilizer Co., Ltd. was in normal operation. The factory quotation is about 2400 yuan / ton, and the quotation is stable temporarily, and the actual transaction price is mainly negotiated. On May 14, the sales price of potassium chloride of Anhui Badao Chemical Co., Ltd. was about 2650 yuan / ton, and the quotation was stable temporarily, and the actual transaction price was mainly negotiated. Recently, the KCl market is in high consolidation, cost support is good, the port imports of potassium supply supplement is limited, port inventory is less than 2.5 million tons.

In the near future, the domestic potash market has maintained a stable trend, new goods have not crossed the shore, and the stock of goods sources is low. It is expected that the market of potassium nitrate will mainly increase in the short term, and the long-term market still needs to be seen( The above prices are provided by major manufacturers of potassium nitrate all over the country and analyzed by the potassium carbonate analysts of business society. For reference only, please contact relevant manufacturers for more details.

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