Price trend

According to the data of the business community’s bulk list, the PC market fell this week, and the spot prices of various brands rose and fell. As of August 12, the reference offer of PC sample enterprises of business community was about 16766.67 yuan / ton, up or down + 1.11% compared with the average price at the beginning of the month.

Cause analysis

Industrial chain: on the upstream side, there are many bisphenol a maintenance devices this week, the domestic supply is expected to decline, the supply of imported goods is generally supplemented, the external price is up, and the merchants try to make a high price. Domestic factories have increased slightly for many times to stimulate the market, and the carriers have followed the upward trend, with acceptable terminal acceptance. The participation of epoxy downstream factories and intermediate traders has increased. It is expected that the business community will help the factory to increase, and the downstream demand will increase. Next week, bisphenol A will continue to be strong at a high level or will continue to rise.

This week, the upstream bisphenol a market continued to rise, and the PC cost side support strengthened. In terms of industrial load, the operating rate of domestic PC enterprises increased by a narrow margin this week, and was generally stable between 60% and 70%. The inventory position of the industry remains high, and the pressure on the supply side continues. The international crude oil at the far end and upstream continues to fluctuate under the influence of macro inflation factors, resulting in the weak mid – and long-term support of PC. Downstream demand is still lagging behind. Terminal enterprises are limited in operating rate due to various factors. They have poor confidence in stock preparation, and the on-site operation is biased towards bargain hunting. Although the profits of the production enterprises are poor, the factory prices are mostly reduced. The merchants are more willing to reduce the price and take orders. The actual transactions are mostly scattered small orders.

Future forecast

Business analysts believe: this week, the domestic PC market fell, the upstream BPA market gradually rose, and the cost side’s support effect on PC was enhanced. On the supply side, there are abundant goods on the site, high inventory, weak demand, and buyers have a heavy wait-and-see attitude. It is expected that the spot price of PC will continue to fall in the short term due to the drag of the demand side.

According to the data monitored by the business agency, as of August 18, the PET price of pet water bottle level in this week was operating in a narrow range, with the current average price of 8980 yuan / ton. The overall market was operating in a narrow range, the focus of negotiation was stable, the market supply and demand were balanced, and the logistics delivery was smooth.

The domestic PET price is operating in a narrow range and weak. This week, the price has been reduced slightly. At present, the market operation rate is normal, the manufacturers are active in shipping, the logistics is smooth, the profit is given away, the market transaction atmosphere is general, the negotiation atmosphere is acceptable, the downstream readiness is general, and the cost is lack of support. At present, the mainstream price is about 8900 yuan / ton. This week, the price has been reduced slightly. In the short term, pet is stable, medium and weak.

Upstream ethylene glycol: as of August 17, the spot price of ethylene glycol in the South China market was 4150 yuan / ton, which was the same as that of the previous trading day and decreased by 38.33 yuan / ton compared with last week.

Rubber and plastic commodity index: on August 17, the rubber and plastic index was 701 points, down 1 point from yesterday, down 33.87% from the highest point 1060 points in the cycle (March 14, 2012), and up 32.77% from the lowest point 528 points on April 6, 2020. (Note: the period refers to December 1, 2011 to now).

Pet analysts of business agency believe that the PET market is expected to operate in a narrow range in the short term. (if you want to know more about the latest market trends of the industrial chain, please pay attention to the official account of the business association to obtain commodity information and master commodity prices).

On August 17, the price of o-benzene was temporarily stable

It can be seen from the trend chart of the price of orthobenzene in the business community that the price of orthobenzene was temporarily stable on August 17. As of August 17, the price of ortho benzene was 8000 yuan / T, which was temporarily stable compared with the price of ortho benzene on August 16, the previous trading day. The price of o-xylene industry chain is temporarily stable, and the market of o-xylene is weak and stable.

Key points of the market

The price of crude oil fluctuated and fell, the price of mixed xylene fluctuated and fell, and the cost of o-xylene decreased; The price of phthalic anhydride is temporarily stable, and the demand for ortho benzene is temporarily stable. The demand for cost reduction is temporarily stable, the external price of adjacent benzene fluctuates and falls, the price difference between domestic and foreign prices of adjacent benzene still exists, and the downward pressure on the domestic market of adjacent benzene is still weakened.

Future outlook

The demand for cost reduction is temporarily stable, the positive effect of adjacent benzene is weakened, and the downward pressure is still present. In the future, the market of adjacent benzene tends to be stable.

According to the data of business agency, the market of trichloromethane was stable and weak this week (8.9-8.16). As of August 16, the price of trichloromethane bulk water in Shandong remained at 2750 yuan / ton. The supply side continues to be loose, the downstream demand is weak and stable, and the trichloromethane market is stable and weak.

This week (8.9-8.16), the domestic methane chloride construction started at 70-80%, and there is still pressure on the supply side, which restricts the dichloromethane market.

Since August, the spot price of methanol fluctuated weakly, and the impact of cost was weak. According to the business agency, as of August 16, the spot price of methanol was 2483 yuan / ton, down 2.79% from 2555 yuan / ton at the beginning of the month.

Affected by the high temperature weather, the after-sales market demand of refrigerant R22 is supported. The overall low level of R22 is stable, and the support for trichloromethane is temporarily stable. However, after the beginning of autumn, the high temperature weather gradually ended, and the demand side is expected to fall again.

Analysts of methane chloride data of business community believe that domestic supply side pressure is still in; Refrigerant demand is supported to a certain extent. It is expected that chloroform will maintain a stable, moderate and narrow consolidation trend in the later period. With the end of high temperature weather, it is expected that chloroform will drop slightly.

Market price trend chart of paraformaldehyde

On August 15, the average production price of paraformaldehyde in Shandong was 5300 yuan / ton, and the quotation was stable.

It is expected that the recent stable trend of paraformaldehyde is the main trend.

According to the monitoring data of business agency, the methanol market in East China fell by nearly 3.46% from August 1 to August 12. From August 1 to August 12, Shandong formaldehyde increased by 0.55%.