1、 Price trend of formic acid
| PVA |
(Figure: P value curve of formic acid products)
2、 Market analysis
Recently, the domestic industrial grade 85% formic acid market has risen. According to the data of the business club, as of September 16, the average price quoted by formic acid enterprises was 2066.67 yuan / ton, up 13.76% compared with the beginning of the month and 20.39% higher than August 16. The basic operation of the manufacturer’s device is normal, the shipment situation of the enterprise is fair, and the demand side is improving, which drives the market of formic acid to rise.
According to the data monitoring of the business agency, the price of formic acid of some enterprises is summarized (for reference only, the spot price of merchants is subject to the market, and the actual transaction price is mainly negotiated.)
Enterprise price specification date
Zhangzhou San’an Chemical Co., Ltd. 2000 yuan / ton, use level: industrial grade; content: ≥ 85.0%; grade: superior product: September 15, 2020
Zibo pulisi Chemical Co., Ltd.; 2000 yuan / ton; use level: industrial grade; content: ≥ 85.0%; grade: superior product: September 15, 2020
Jintan local industrial supply and Marketing Co., Ltd. 2200 yuan / ton, use level: industrial grade; content: ≥ 85.0%; grade: superior product: September 15, 2020
Jinan jinrihe Chemical Co., Ltd. 2000 yuan / ton, use level: industrial grade; content: ≥ 85.0%; grade: superior product: September 10, 2020
| PVA 1788 (PVA BP17) |
The terminal demand of upstream caustic soda is limited, and caustic soda is in weak operation. According to the monitoring data of the business agency, the price of caustic soda is mainly weak and stable. The average price in Shandong market was 475 yuan / ton in early September, and 452.5 yuan / ton in the middle of September, with the price falling by 4.74%. According to the monitoring data of the business agency, as of September 16, the average price quoted by enterprises was 3100 yuan / ton, which was 0.85% lower than that at the beginning of the month (3126.67 yuan / ton). For upstream sulfuric acid, according to the monitoring data of business agency, the market price of sulfuric acid in Shandong was temporarily stable on September 16, which was equal to the quotation on September 14. Although the upstream sulfur market has risen slightly recently and the cost support is good, the downstream purchasing enthusiasm is general and the sulfuric acid supply is normal. For upstream methanol, according to the monitoring data of business agency, as of September 16, the average price quoted by enterprises was 1807.50 yuan / ton, which was 10.89% higher than that at the beginning of the month (1630.00 yuan / ton). Downstream pharmaceutical, rubber, leather, pesticide and other industries according to market demand according to the order.
3、 Future forecast
According to formic acid analysts of business community, the price fluctuation of upstream liquid ammonia and sulfuric acid is not large, and caustic soda is running in a weak position, which has limited impact on formic acid. Methanol price rises, which has a certain support for formic acid. Downstream demand is improved compared with the previous period. It is expected that the industrial grade formic acid market will be mainly stable in the short term.
| POLYVINYL ALCOHOL |