Category Archives: Uncategorized

After the festival, the market of ammonium phosphate improved and the price rose slightly

1、 Price trend

 

According to the data of business club’s block list, the average ex factory price of powdered monoammonium was 2201.33 yuan / ton on February 18, 2134.67 yuan / ton on February 9, up 3.12% after the

PVA 1788 (PVA BP17)

festival, 5.6% on a month on month basis and 13.86% on a year-on-year basis.

 

According to the data of the business club’s block list, on February 18, the average ex factory price of 64% diammonium was 2490 yuan / ton, and on February 9, the average ex factory price of 64% diammonium was 2490 yuan / ton, up 2.05% on a month on month basis. After the festival, the price was temporarily stable, up 13.18% on a year-on-year basis.

 

2、 Market analysis

 

After the Spring Festival, the price of map increased by 3.12%. At present, the foreign demand of map is increasing, and the price is rising, which drives the domestic market. At the same time, the price of raw materials is rising, the cost support is stronger, and the fundamentals are good. The sales pressure of enterprises is not big, so they are generally optimistic about the future market. The ex factory price of 55% ammonium powder in Anhui Province is 2105 yuan / ton. The ex factory price of 55% ammonium powder in Hubei Province is 2170-2200 yuan / ton. The price of 55% ammonium powder in Henan Province is about 2200-2250 yuan / ton. The ex factory price of 55% ammonium powder in Sichuan is about 2200-2300 yuan / ton.

 

After the Spring Festival, the price of DAP is temporarily stable, and there is no obvious fluctuation compared with that before the festival. In Hubei Province, 64% of diammonium enterprises stopped reporting, while in Gansu Province, 64% of diammonium enterprises offered 2650 yuan / ton. The price of 64% diammonium in Yunnan is 2930-3050 yuan / ton. In Guizhou Province, 64% diammonium is priced at 2950-3000 yuan per ton, while in Heilongjiang Province, the first station advance receipt price of 64% diammonium rises to about 3050 yuan per ton.

 

In terms of raw materials, on February 18, the domestic sulfur market rose sharply. The price of solid sulfur in regional refineries increased by 30-80 yuan / ton, and the price of liquid sulfur in East China increased by 50 yuan / ton, while the price in other regions was temporarily stable. The sulfur inventory of refineries in various regions is low, the sulfur market is strong, and the shippers have no intention to ship at a low price. At present, the export market of phosphate fertilizer continues to improve. In addition, the domestic spring ploughing fertilizer is approaching, the downstream market is favorable, the sulfur price rises, and the future sulfur market is relatively strong. Pay attention to the downstream follow-up situation.

 

3、 Future forecast

 

Analysts from business news agency believe that after the holiday, the market of ammonium phosphate will be better, the price of monoammonium phosphate will rise, and the price of diammonium phosphate will remain high. At present, the foreign demand of map is increasing, and the price is rising, which drives the domestic market. At the same time, the price of raw materials is rising, the cost support is stronger, and the fundamentals are good. The sales pressure of enterprises is not big. Generally, they are optimistic about the future market, and the price is expected to rise further. In the short term, the market is stable. However, with the support of tight supply and favorable conditions, it is expected that the future price will be easy to rise but difficult to fall.

POLYVINYL ALCOHOL

International oil price rises sharply, domestic asphalt price rises slightly

The international crude oil price fluctuated at a high level, the weather turned cold, and the asphalt demand of terminal road engineering remained low, but the international crude oil price rose sharply, and the cost side promoted the domestic asphalt price upward. According to the price monitoring data of the business association, the asphalt price was 2577 yuan / ton on February 5, up 1.68 yuan from the beginning of the week.

 

On the one hand, the extremely cold weather caused by the blizzard attack in the southeast of the United States has led to a rapid rise in fuel heating demand. Moreover, recently, the organization of Petroleum Exporting Countries and its allies (OPEC +) have continued to effectively promote production reduction, which has brought a good supply side environment to oil prices. Moreover, the sharp decline in US commercial crude oil inventories in the past two weeks has become a direct driver to stimulate the rise of oil prices. International crude oil prices rose sharply this week, with WTI crude oil up 8.91% and Brent crude oil up 7.81%.

 

Most refineries in Northeast and North China stopped production or changed production, the supply of asphalt decreased, and the market price remained stable. The demand for asphalt in East China is general. Refineries reduce the output of asphalt. Refineries in South China have stable production, stable demand release and stable market price. In Southwest China, the market supply was slightly tight, which led to the rise of the mainstream transaction price. In the near future, major asphalt refineries are mainly selling at stable prices, while asphalt prices are mainly supported by crude oil prices.

 

Analysts from business news agency believe that after the international crude oil price rises sharply, it is likely to maintain a high level, and it is less likely to continue to explore the high level. As the Spring Festival holiday is approaching, domestic asphalt demand is at a low level, and domestic asphalt price is expected to be mainly stable.

POLYVINYL ALCOHOL

Raw material surge stimulates acetic anhydride price to rise again before Spring Festival

Price trend

 

According to the data monitoring of the business association, the market of acetic anhydride rose this week, and the price of acetic anhydride rose again before the festival. As of February 8, the price of acetic anhydride was 8400.00 yuan / ton, up 3.28% from 8133.33 yuan / ton at the beginning of February.

 

Acetic acid price trend

 

As can be seen from the price trend chart of acetic acid, the price of acetic acid is rising this week, and the cost of raw materials for acetic anhydride is rising. With the coming of the Spring Festival, acetic acid enterprises stop to reduce the load more, the operating rate of acetic acid is low, the supply of acetic acid is insufficient, the shortage of acetic acid increases, the price of acetic acid rises, the cost of acetic anhydride rises, and the driving force of acetic anhydride rises.

 

Methanol price trend

 

From the methanol price trend chart, we can see that the methanol price first fell and then rose this week. Although the methanol price still fell slightly, the methanol price stopped falling and rebounded, the methanol market gradually recovered, the driving force of acetic anhydride cost rising and acetic anhydride rising increased.

 

Market summary and future forecast

 

POLYVINYL ALCOHOL

Bai Jiaxin, acetic anhydride data analyst of business news agency, believes that since February, acetic acid prices have risen sharply, methanol prices have stopped falling and rebounded, acetic anhydride costs have risen, and acetic anhydride’s rising momentum has increased. The downstream customers are more resistant to the high price of acetic anhydride, and the price of acetic anhydride rises; the continuous rise of raw materials of acetic anhydride stimulates the price of acetic anhydride to rise, and the price of acetic anhydride rises again before the festival.

Raw material costs rise, PA6 prices continue to rise

1、 Price trend:

 

According to the data of the business club’s block list, the domestic PA6 market was active in early February, and the overall price level increased significantly. As of February 9, the mainstream offer price of the sample enterprises for Zhongyou 2.75-2.85 was about 13333.33 yuan / ton, up 4.99% from the average price at the beginning of the month.

 

2、 The influencing factors were analyzed

 

Upstream, the current domestic caprolactam price is rising rapidly, the market is positive. In terms of raw material pure benzene, the high inventory of enterprises in the early stage emptied rapidly, and the pure benzene inventory of East China port continued to decline. In addition, the unplanned shutdown and delayed restart of some units in East China led to the decrease of supply and the rapid rise of prices. In addition, the reduction of transportation before the festival and the increase of freight also promoted the price of pure benzene to rise. The price of pure benzene strongly supports the cost of caprolactam. In addition, the improvement of caprolactam supply was limited, and the tight supply pattern did not change substantially. Domestic caprolactam cost side, supply side, demand side three good convergence, clear market direction. It is expected that caprolactam market will continue to run high after the festival.

 

Raw material caprolactam market is strong, the cost of PA6 support is strong. At the beginning of this month, the demand for PA6 chips again appeared a small peak before the festival. At present, the overall operating rate of PA6 is high, and the inventory of polymerization plant is not under pressure, and some of them are oversold. At present, although the downstream factories have basically completed the procurement of PA6, the near and far cost side is consistently strong and upward, and the market direction is clear. Spinning and other factories were basically on holiday, the operating rate dropped rapidly, the downstream of engineering plastics and modified plastics were also shut down, and the on-site trading began to fade.

 

3、 Future forecast:

 

Analysts from business news agency believe: in early February, the domestic PA6 market was strong, and the good news mainly came from the shortage of upstream caprolactam supply, which did not improve, and the high raw material price supported the PA6 cost side. On the demand side, the demand for downstream goods preparation was large at the beginning of the month. Although the current business is basically on holiday and the trading volume turns weak, the fundamentals are still strong. The price of PA6 is expected to remain strong after the festival.

POLYVINYL ALCOHOL

Chlorinated paraffin prices firm ahead of holidays (2.1-2.5)

1、 Price trend

 

According to the monitoring data of bulk commodities, the domestic price of grade 52 chlorinated paraffin was stable this week. This week, the average ex factory price of domestic chlorinated paraffin 52 grade I products was 5133.33 yuan / ton.

 

2、 Market analysis

 

This week, the price of chlorinated paraffin 52 was stable. The overall quotation of paraffin wax market is firm. At present, the operation rate of the whole plant in Shandong Province is about 50%, while the chlorinated paraffin plants in Hebei and Henan provinces are shut down. At present, the ex factory price of grade 52 chlorinated paraffin in East China is about 4900-5100 yuan / ton, that of grade 52 chlorinated paraffin in Northeast China is about 5200 yuan / ton, and that of grade 52 chlorinated paraffin in Northwest China is about 5200 yuan / ton.

 

In terms of international crude oil, the price of WTI crude oil futures market in the United States fell on January 21, with the settlement price of the main contract at US $53.13/barrel, down US $0.18. Brent crude oil futures market prices rose, the settlement price of the main contract at 56.10 U.S. dollars / barrel, or 0.02 U.S. dollars. Crude oil WTI fell slightly on Thursday after data showed an unexpected increase in U.S. crude oil inventories last week, which made the market worried about slowing fuel demand and expected to rekindle. Meanwhile, U.S. stimulus measures were expected to limit price decline.

 

Liquid wax, liquid wax prices more stable this week, the overall trading atmosphere is light and stable. In terms of liquid chlorine, the market price of Jiangsu liquid chlorine ranges from 600-1100 yuan / ton. The delivery of liquid chlorine by most enterprises in Shandong has improved, and the quotation of some enterprises in Shandong is 1150-1250 yuan / ton.

 

In terms of demand, as the Spring Festival holiday approaches, downstream enterprises are basically on holiday, and the overall trading atmosphere is general.

 

3、 Future forecast

 

Business analysts believe that near the Spring Festival holiday, downstream enterprises basic holiday, the overall trading atmosphere is general. The output of chlorinated paraffin kept low and the inventory kept low. The price of chlorinated paraffin is expected to be strong before the festival.

POLYVINYL ALCOHOL