According to the data of the bulk list of business agencies, as of August 10, the average price of formic acid enterprises was 3766.67 yuan / ton, down 6.61% compared with the price on August 1, 1.74% compared with the price on July 10, and 39.89% year-on-year in a three-month cycle.

Recently (8.1-8.10), the market price of domestic industrial grade 85% formic acid fell. Recently, the prices of caustic soda, liquid ammonia and sulfuric acid in the upstream are relatively weak, the main raw material methanol is low-level, the cost side’s support for the formic acid market is weakened, and the downstream is just in need of purchase. The market atmosphere is general, and the focus of negotiation on the industrial grade 85% formic acid market is downward.

In terms of cost: for upstream caustic soda, on August 9, the caustic soda enterprises flexibly adjusted their quotations, but they mainly took a wait-and-see attitude, and comprehensively predicted that they would maintain the consolidation trend in the later period; Upstream liquid ammonia: on August 9, the market of liquid ammonia in Shandong Province stopped falling and stabilized, and the market performance was still weak. Some dealers still fell slightly, with a reduction range of about 50 yuan / ton; Upstream sulfuric acid: on August 9, the reference price of sulfuric acid was 522.00, a decrease of 14.71% compared with August 1 (612.00); For upstream methanol, according to the monitoring data of business agency, on August 9, the domestic methanol in East China port was about 2490 yuan / ton, down 2.23% from the previous working day. On August 9, the main contract m2209 of methanol futures closed at 2488 yuan / ton, down 59 yuan / ton or 1.54% compared with the closing of the previous trading day.

According to the formic acid analysts of business society, the current raw material price is weak, the cost support is insufficient, and the market transaction is on demand. It is expected that in the short term, 85% of the domestic industrial grade formic acid market will be weak, and more attention should be paid to the changes in raw material prices.

On August 9, the DOP price was strong and temporarily stable

According to the data monitoring of the business agency, the DOP price was temporarily stable on August 9, and the DOP market was stable. On August 9, the DOP price was 9125 yuan / ton, which was stable compared with the DOP price of 9125 yuan / ton on the previous trading day; Recently, the DOP price approaches the cost line, the demand is stable, and the DOP market is strong and stable temporarily.

Key points of analysis

The price of raw material isooctanol fluctuated and rose, the price of phthalic anhydride was temporarily stable, and the cost of DOP was strong and stable; The price of downstream plastic PVC has stopped rising, and the demand is temporarily stable; The downward pressure of plasticizer still exists and the upward force is large.

Future market expectation

The cost is stable and the demand is stable. The upward momentum of DOP is large and the downward pressure remains. It is expected that the price fluctuation of DOP will be stable in the future.

This week, the price of aluminum fluoride is weak and stable

According to the data of business agency, as of August 8, the average price of domestic aluminum fluoride was 10950 yuan / ton, which was temporarily stable compared with the price of 10950 yuan / ton on August 1 at the beginning of the month. The aluminum fluoride market was weak and stable.

Raw material prices fluctuated and adjusted this week

According to the monitoring of the business association, the price of fluorite rose slightly this week, by 0.82%; The price of hydrofluoric acid fell slightly, by 0.09%, and the price of sulfuric acid fell sharply, by 14.71%. The raw material market fluctuates and stabilizes, the cost of aluminum fluoride decreases, and the overall upward momentum of aluminum fluoride weakens and the downward pressure is large.

The price of cryolite fluctuated and adjusted this week

According to the monitoring of the business agency, the price of cryolite fluctuated and adjusted this week, and the market of cryolite was consolidated. As of August 8, the price of cryolite was 7650 yuan / ton, which was stable compared with the price of 7650 yuan / ton on August 1 at the beginning of the month. The price of cryolite fluctuates and stabilizes, the demand for cryolite is consolidated, and the demand for aluminum fluoride is temporarily stable.

This week, the price of electrolytic aluminum fluctuated and rose

According to the monitoring of the business agency, the price of electrolytic aluminum rose violently this week, and the market of electrolytic aluminum recovered. As of August 8, the price of electrolytic aluminum was 18410 yuan / ton, up 0.51% from 18316.67 yuan / ton on August 1 at the beginning of the month. The price of electrolytic aluminum fluctuated and rose, the aluminum market recovered, and the demand for aluminum fluoride was temporarily stable.

Market overview and forecast

According to the aluminum fluoride industry analyst of business agency, this week the raw material hydrofluoric acid fell slightly, the price of fluorite rose slightly, the price of sulfuric acid fell, and the cost of aluminum fluoride fell; The cost of aluminum fluoride decreased, and the demand was temporarily stable. In general, the demand for cost reduction is temporarily stable, and it is expected that the price of aluminum fluoride will be weak and stable in the future.

This week (7.29-8.5), the nitrile rubber market was weak and fell. According to the monitoring of the business community, as of August 5, the nitrile rubber price was 15975 yuan / ton, down 4.91% from 16800 yuan / ton last Friday. During the week, the ex factory price of nitrile rubber of Lanzhou Petrochemical was lowered, and the ex factory price of n41 was 16000 yuan / ton. The price of raw materials fell, the cost dragged, and the market transaction was light, so the offer of merchants fell. As of May 5, the mainstream offers of Russian nitrile 3365, shunze nitrile 3355 and Lanhua nitrile 3305 in East China were around 14600-15200 yuan / ton, and the mainstream offers of Nandi nitrile 1052 were around 18500-19000 yuan / ton.

The domestic nitrile rubber plant basically operates normally, and the supply of nitrile rubber in the market is loose. According to the business news agency, the 100000 t / a nitrile rubber unit of Lanzhou Petrochemical Company operates normally; The 30000 T / a nitrile rubber unit of Nanjing Jinpu YINGSA Synthetic Rubber Co., Ltd. is in normal production; At present, the 30000 T / a nitrile rubber unit of alantai rubber has been restarted to normal operation; Normal production of Zhenjiang Nandi 50000 T / a nitrile rubber plant; Ningbo shunze 65000 T / a unit operates under low load.

This week (6.17-6.24), the prices of butadiene and acrylonitrile dropped sharply, and the cost of nitrile rubber weakened. According to the monitoring of business agency, as of August 5, the price of butadiene was 8668 yuan / ton, down 9.88% from 9618 yuan / ton last Friday; As of August 5, the price of acrylonitrile was 9060 yuan / ton, down 6.60% from 9700 yuan last Friday.

At present, the downstream operation of nitrile rubber continues to be low, and the demand side is weak. According to the business agency, the downstream thermal insulation foam, rubber pipe and other industries started around 50-60%, the demand side support was weak, and the nitrile rubber market fell.

Future forecast: NBR analysts of business society believe that the supply of NBR exceeds the demand and the cost is low. It is expected that the NBR market will continue to be weak in the short term.

Domestic cobalt price fell on August 4

According to the data monitoring of the business agency, the cobalt price stopped falling on August 4, and the cobalt market fell. On August 4, the cobalt price was 319100 yuan / ton, down 0.93% from 322100 yuan / ton on the previous trading day. In August, the cobalt price fell violently, and the short-term decline of the cobalt market remained the same.

Key points of analysis

Cobalt price in LME market was temporarily stable, MB cobalt price fell slightly, and the decline of international cobalt price slowed down; The installed capacity of ternary battery increased slightly, but the growth rate was lower than expected. The sales of new energy vehicles increased, the sales of mobile phones fell sharply, and the demand of cobalt market was lower than expected. The price of cobalt salt fell, and the downward pressure of metal cobalt remained.

Aftermarket forecast

The demand rise was less than expected, the cobalt industry chain fell, and the pressure of cobalt price decline remained. It is expected that the cobalt price will fluctuate slightly in the future.