The concentration of phenol plant increased by 250-350 yuan / ton, and the domestic mainstream factory offer was 5900-6000 yuan / ton. In the morning, the market offer remained flat with the factory, and then the downstream inquiry increased and the negotiation went up further, and the offer gradually exceeded 6000 yuan / ton. As of the end of the 11th, the mainstream offer for petrochemical plants across the country was 5900-6000 yuan / ton. Among them, the offer of East China market is 6050 yuan / ton, that of Shandong and surrounding areas of Yanshan is 5900-6000 yuan / ton, and that of South China is 6100 yuan / ton.

Trend chart of phenol average price in national market

Trend chart of phenol commodity index in East China (factory offer)

From the upstream point of view, the price of raw material pure benzene rose sharply, which was mainly driven by the sharp rise of styrene. Under the influence of the sharp rise of styrene price in the downstream of pure benzene, pure benzene opened at a high level, and the negotiation directly charged 4000 yuan / ton. Raw material propylene also showed a steady trend, with the mainstream transaction at 6800 yuan / ton. On November, the price of propylene in most regions remained stable. According to the price chart of the business association, since November, it has risen by 200-250 yuan / ton, and the current market turnover is between 6700-7050 yuan / ton, and the mainstream price is about 6850 yuan / ton. At present, the shipment situation of the manufacturer is better than that in the earlier stage. And propylene experienced a sharp decline in the last month, the short-term propene gradually warming to become the main tone.

From the downstream demand side, the bisphenol a market entered November with a sharp rise. The main driving force of phenol upward was also driven by the bisphenol a market. In terms of factories, the mainstream offer has risen to 15500-16500 yuan / ton, and the mainstream negotiations in East China and North China are also around 16400 yuan / ton. At present, the supply of goods in the market is limited, there is no pressure on the inventory, and the attitude of the shippers is positive. Although it is difficult to digest the downstream market after the price rise, the transaction price of some rigid demand markets is obviously high, and the market low price is hard to find.

From the perspective of business agencies, with the help of the increase of the factory offer, the attitude of the shippers is getting better and pushing up actively. The enthusiasm of the downstream just needs to participate is fair. In the short term, the overall negotiation space is expected to be 6100 yuan / ton.

1、 Price trend

According to the data from the bulk list of business associations, the average ex factory price of powdered monoammonium was 1933 yuan / ton on November 1, 1966 yuan / ton on November 10, and the price rose by 1.72% in the first ten days of November.

According to the business club’s large list data, the average ex factory price of 64% diammonium on November 1 was 2356 yuan / ton, and that on November 10 was 2356 yuan / ton. The price remained stable in the first ten days of November.

2、 Market analysis

In the first ten days of November, the price of monoammonium phosphate continued to rise. In Anhui Province, 55% powdered ammonium was quoted at 1950-2000 yuan / T, and the start-up was stable. In Hubei Province, the ex factory quotation of 55% powdered ammonium is about 1900-2000 yuan / ton, and that of 60% powdered ammonium is 2050-2100 yuan / ton. The market in Henan maintained stable operation, 55% powdered ammonium was quoted at about 1950 yuan / T, and the start-up was stable. The price of 55% powdered ammonium in Shandong Province is 1900-2000 yuan / ton, and the price is stable. The factory quotation of 55% powdered ammonium in Sichuan is about 1950 yuan / ton.

In the first ten days of November, the market of diammonium phosphate was stable. The mainstream ex factory quotation of 64% diammonium in Hubei Province is 2300-2350 yuan / ton, that of 64% diammonium in Shandong Province is 2300-2350 yuan / ton, that of 64% diammonium in Yunnan Guizhou area is 2300-2450 yuan / ton, and that of 64% diammonium in Anhui Province is 2300-2450 yuan / ton. In Gansu Province, 64% DAP mainstream factory quotation is 2300-2450 yuan / T. The quotation of 64% diammonium at the first arrival station in Heilongjiang Province is about 2500 yuan / ton.

Since the beginning of November, the domestic market of raw material phosphate ore has been running steadily. During this period, it was heard that some mining enterprises in Guizhou and Guangxi intend to increase the ex factory quotation of phosphate ore, but due to the lack of new orders in the short term, it has not been implemented on the spot. At present, the price of high-end small enterprises in Guizhou has been raised by 10 yuan / day, and the price of some high-end phosphate ores has been raised by 10 yuan / day.

3、 Future forecast

Ammonium phosphate analysts believe that the current supply of monoammonium phosphate is declining, more pursuit of orders, prices continue to rise. DAP mainly sends export orders and downstream compound fertilizers are purchased on demand. It is expected that in the short term, monoammonium will continue to maintain the upward trend, and diammonium will increase steadily or slightly.

1、 Price trend

According to the big data list of business associations, the average price of domestic phosphoric acid on November 8 was 5000 yuan / ton, which was flat compared with the beginning of the week, up 2.74% month on month, 6.54% lower than the beginning of the year, and 6.25% lower than the same period last year.

2、 Market analysis

This week, the domestic phosphoric acid market was stable and small movements, with sporadic and minor increases. After being strongly supported by the cost side in the early stage, the business offers continued to rise, and the trading center shifted upward. Taking Hubei Xingfa group as an example, it is now up to 4900 yuan / ton, a slight increase of 100 yuan. Other regions still have bullish expectations, and the market center of gravity begins to move up. At present, the spot price of raw material yellow phosphorus market is slightly tense, and the manufacturers intend to support the price. However, the downstream demand is not followed up enough, the transaction enthusiasm is not high, and most manufacturers are in a wait-and-see state. In the short term, the market of phosphoric acid is slightly deadlocked. At present, the quotations of mainstream manufacturers refer to 4700-5600 yuan / ton, slightly rising.

According to the monitoring of the business agency, as of November 8, the average market price of 85% industrial purified water phosphoric acid was about 5000 yuan / ton, the price in Sichuan was 4850-5400 yuan / ton, the price was rising, the price in Yunnan was about 4800 yuan / ton, the transaction was stable; the quotation in Beijing was about 4700 yuan / ton, the price was temporarily stable; in Hubei, the price was about 4900-5050 yuan / ton, the price was rising; in Tianjin, the price was 5600 yuan The price is stable for the time being; the price in Jiangsu Province is about 4800 yuan / ton, rising steadily. The price in Guangxi is about 5600 yuan / ton, and the price is rising steadily.

In terms of raw materials, the overall trend of the domestic yellow phosphorus market is relatively strong, manufacturers mainly issue early orders, and the spot market of yellow phosphorus is slightly tense. Be careful when you take the goods downstream. With the increase of electricity price, manufacturers intend to support the price. It is expected that the price of yellow phosphorus will increase slightly in the short term.

Regional product specification date price (yuan / ton)

Phosphoric acid content in East China: 85% Nov 6 5380-5400

Phosphoric acid content in Southwest China: 85%, November 6, 4850-4890

Phosphoric acid content: 85% in Central China

3、 Future forecast

Phosphoric acid analysts of chemical branch of business society believe that the spot price of raw material yellow phosphorus market is slightly tense, and the manufacturers intend to raise the price. However, the downstream demand of phosphoric acid is not followed up, and the transaction enthusiasm is not high, and most of the operators are on the wait-and-see state. It is expected that the phosphoric acid market will stabilize temporarily in the short term, and the future market may still be expected to rise with the narrow fluctuation of cost.

1、 Price trend of epichlorohydrin

(Figure: P value curve of epichlorohydrin product)

2、 Market analysis

Epichlorohydrin market is running well this week. As of November 8, the average price quoted by epichlorohydrin enterprises was 11166.67 yuan / ton, up 3.40% compared with the beginning of the week, and 1.47% lower than that of October 8, according to the data of the business club. In the near future, the price of raw material propylene has gone up, and the cost side has some support. In addition, the inventory and maintenance plan of some factories in the later stage, the supply side is expected to decrease, the manufacturers have the mentality of supporting the price, and the intention of going low is not strong. The downstream small single just needs to follow up, and the market atmosphere is stagnant.

For upstream propylene, according to the data from the business club’s bulk list, the domestic propylene (Shandong) market price continued to rise this week (11.2-11.6), with a weekly low of 6756 yuan / ton at the beginning of the week, 6943 yuan / ton at the weekend, and a weekly high of 6946 yuan / ton on Thursday, with a weekly increase of 2.77% and a weekly amplitude of 2.81%.

The downstream epoxy resin market rose on November 6. The raw material bisphenol a rose significantly, the cost support was obvious, and the situation of oversupply was superimposed. The market sentiment was not reduced, and the factory mainly supported the price.

3、 Future forecast

Epichlorohydrin analysts of the business agency believe that there is some support on the cost side in the near future, and the market supply side is expected to decrease, and the downstream users just need to buy. It is expected that the epichlorohydrin market may stagnate and rise in the short term, and more attention should be paid to the market news guidance for the specific trend.

1、 Acrylic acid price trend

(Figure: P value curve of acrylic acid products)

2、 Market analysis

Acrylic acid market is weak and stable this week. As of November 6, the average quotation price of acrylic acid in East China was 9566.67 yuan / ton, which was flat compared with the previous trading day, down 0.69% compared with the beginning of the week, and 1.03% lower than that of October 6, according to the data of the bulk list of business agencies.

At the beginning of the week, the downstream purchasing mentality was low, the inquiry and transaction were limited, the market atmosphere was general, and the price center was low. With the price of raw material propylene rising and the market atmosphere improving, the price of acrylic acid stopped falling and stabilized.

Upstream propylene, on November 6, the market price of propylene in Shandong remained stable. According to the price chart of business agency, propylene price remained stable in the first half of October and plummeted by more than 10% in the second half. Since November 1, the price has been adjusted back. Since November, the price has risen by 200-250 yuan / ton. Today, the price has finally begun to stabilize. The market transaction is between 6750 yuan / ton and 7250 yuan / ton, and the mainstream price is about 6900 yuan / ton. At present, the shipment situation of the manufacturer is relatively ideal.

According to the price monitoring of the business agency, on November 5, 2020, there were 15 kinds of commodities in the chemical industry sector that rose on a month on month basis in the list of commodity prices up and down on November 5, 2020. The top three commodities were 1,4-butanediol (3.32%), styrene (3.13%) and crude benzene (2.35%). There were 8 kinds of commodities with a decrease of more than 5%, accounting for 1.1% of the total number of commodities monitored in this sector; the top three products were DMF (- 7.41%), propylene oxide (- 4.05%), propylene glycol (- 2.50%). The average rise and fall was 0.05%.

3、 Future forecast

Acrylic acid analysts of the business community believe that the price of raw material propylene has stabilized after the recent recovery, the cost support has been strengthened, and the superimposed inquiry and transaction volume have slightly improved. It is expected that the acrylic acid market will be stable in the short term, and more attention should be paid to the market information guidance.