Price trend

According to the data of the large list of business agencies, the domestic PA66 market in mid October has been stronger, and all models of products have increased. As of October 20, the average price of the sample enterprises of PA66 in the business agency was about 21300 yuan / ton, up 3.15% compared with the average price level at the beginning of the month.

In terms of adipic acid in the upstream of PA66, the domestic adipic acid market has been running smoothly in recent years, and the quotation of dealers in some regions has risen and declined slightly. The quotation of domestic manufacturers is mainly stable temporarily, the unit keeps normal operating rate, about 80%, and the inventory pressure of the manufacturer is maintained at a high level. At present, adipic acid is still in off-season level, and the terminal needs to be stable and the demand growth is not as expected. From the basic point of view, the contradiction between supply and demand still bothers the whole industry, and the price rise and fall are mostly affected by local supply. The cost end pure benzene has been adjusting since October, and the upstream cost is relatively low, and the support for adipic acid is insufficient. Overall, the market is still weak and stable, and price rise and fall are weak, and it is not ruled out that the price will continue to fall.

Upstream adipic acid generally supports PA66 cost side, and PA66 market is more positive at present, and domestic spot market has increased greatly. Recently, the starting rate of PA66 in China has been maintained at about 50%, and it mainly supplies the old customers in the downstream, which leads to the shortage of goods in the market. The replenishment operation of downstream factories tends to maintain the demand, but it is still in the traditional peak season “silver ten”, and the demand of PA66 is increasing obviously. The domestic automobile production and marketing are still hot after the festival, and the consumption of PA66 has an expanding trend. The tight supply pattern has brought into the traditional peak season, and the increase is naturally further expanded. In addition, BASF, the international factory, issued a letter of price hike of PA66, which will help PA66, which is in a red fire situation. Recently, the center of gravity of the merchant offer continued to rise, and PA66 is expected to continue to be stronger.

Analysts of business agency think: the domestic PA66 market continued to move positively in mid October. The spot price of adipic acid in upstream is stable and small, and it supports PA66 cost side generally. Downstream factory inquiry and procurement maintenance just need operation, traditional peak season consumption has been expanded. At present, the supply and demand increase are the main factors of the recent increase of PA66. It is expected that the market of PA66 will continue to be stronger in the short term.

1、 Price trend

The comprehensive price of potassium chloride is temporarily stable this week. This week, the average price of the mainstream comprehensive quotation of potassium chloride was 1925.00 yuan / ton, which was 13.48% lower than that of the same period last year. Overall, this week’s potassium chloride market temporarily stable, October 16, the potassium chloride commodity index was 61.11.

2、 Market analysis

This week, the quotation of mainstream manufacturers of potassium chloride is temporarily stable: the ex factory quotation of Qinghai Salt Lake potassium chloride at the weekend is 1850 yuan / ton, which is temporarily stable compared with the beginning of the week; the quotation of Anhui Badou potassium chloride sales at the weekend is 2000 yuan / ton, which is temporarily stable compared with the beginning of the week. The actual turnover of potassium chloride market this week is not good. Overall, the main contradiction in the market is that supply exceeds demand, the trading atmosphere is cold, the downstream procurement is mainly on demand, the overall inventory is low, the purchasing market momentum is low, and the domestic potassium chloride market is stable.

3、 Future forecast

In late October, the overall trend of potassium chloride market or low consolidation. The market of potassium chloride is facing the pressure of three mountains, namely, the large stock in Hong Kong, the weak demand and the downward trend of international prices. Therefore, the main contradiction in the current market is that supply exceeds demand. Potassium chloride analysts of the business club believe that the short-term potassium chloride market is mainly low consolidation under the influence of supply and demand and raw materials.

1、 Price trend

According to commodity data monitoring, isopropanol prices rose this week. At the beginning of the week, the average price of isopropanol in China was 8300 yuan / ton and 8500 yuan / ton at the weekend. During the week, the price increased by 2.41%.

2、 Market analysis

The price of isopropanol in this week as a whole rose more than the decline, due to the fall of acetone, isopropanol prices fell slightly over the weekend. Internationally, isopropanol in the United States closed stable on October 13, while the European isopropanol market closed down. So far, the negotiation range of isopropanol in Shandong Province is about 8500-8600 yuan / ton, and that of Jiangsu Province is about 8500-8600 yuan / ton. Zhejiang isopropanol negotiation range is around 8400 yuan / ton. The quotation of isopropanol from propylene process is about 8600 yuan / ton.

In terms of raw materials, the raw material acetone market this week showed a situation of falling first and then recovering narrowly. On Wednesday, acetone fell. Affected by the midday adjustment of acetone plant, the market rose narrowly in the afternoon, and the supplier’s offer fell back to 7300 yuan / ton. At present, the downstream factories mainly digest the inventory in the early stage, and the enthusiasm for replenishment is not high. The pressure on the shippers is great, and the willingness to ship is still strong. Affected by the factory’s increase of 100 yuan / ton, there are not many traders who sell less. It is expected that the acetone market in East China will advance smoothly today, with a reference value of about 7300-7400 yuan / ton.

In terms of raw material propylene this week, as of October 15, the market price of propylene in Shandong Province dropped slightly. According to the price chart of the business agency, since October 1, the price of propylene has remained stable on the whole, and the prices of some enterprises have gone up and down slightly. On Thursday, only one enterprise’s price dropped slightly, while other enterprises continued to keep stable. The transaction volume in the market is between 7480-7650 yuan / ton, and the mainstream price is about 7500 yuan / ton. Recently, part of the propylene plant maintenance, the overall supply is small tension.

3、 Future forecast

The isopropanol analyst of chemical branch of business society thinks: the price of raw material acetone drops, and the market price of propylene is stable. The cost support is weak; the price of isopropanol falls in the international aspect, and the export orders of isopropanol decrease. The domestic market demand is light, and traders mainly wait and see. It is expected that the price of isopropanol will continue to fall in the short term, and the follow-up attention will be paid to the changes in the news.

1、 Price data:

According to the data monitoring of the bulk list of business associations, the domestic bromine market has continued to be strong recently. As of October 14, the average price of bromine in Shandong was about 31111 yuan / ton, up 2.56% compared with the beginning of the month, and 1.06% higher than that of the same period last year.

2、 Cause analysis

At present, the domestic bromine market continues to be strong, and the production in the industry is still tight. As the weather turns cold, some enterprises mainly prepare for inventory, and the shipping intention is not high. The downstream market just needs to be stable, and the support from the demand side is good, but some downstream companies have already resisted the high price of bromine. At present, mainstream bromine enterprises offer about 31000-31500 yuan / ton.

Industrial chain: in the upstream, the sulfur market is strong and upward, and the trade in the industry is in good condition. The quoted price of each enterprise is about 20-30 yuan / ton, which is about 890 yuan / ton. The sulfuric acid market has started smoothly, and has been slightly upward affected by the high price of raw materials, but the demand in the downstream market is still flat, which is about 397 yuan / ton. The supply of caustic soda market is under pressure, and it is in the traditional peak season The demand side has a certain support state, but the downstream market is not highly receptive to the price rise of caustic soda, and the overall supply and demand game is at present. The main downstream flame retardants of bromine are in good demand in the market, but the intention of bromine enterprises to ship is flat, the supply of goods in the industry is tight, which is good for the price support of bromine; the industry of pharmaceutical and pesticide intermediates is generally started, and the demand side supports the price of bromine.

3、 Future forecast

The bromine industry analysts of the business society believe that at present, the overall supply of bromine market is tight, and most of the production enterprises are preparing for the future market, and the shipping intention is flat, which aggravates the tight situation of market supply, and the bromine market is strong and upward in a short period of time when the supply exceeds the demand.

Today (10.14) the domestic methanol market rose, and some manufacturers continued to increase the ex factory quotation, with the price adjustment range of 50-100 yuan / ton in two days. According to the monitoring data of business agency, the average price of methanol producers in Shandong was 1812 yuan / ton on October 9, and 1925 yuan / ton on October 14, respectively, which increased by 6.21% in the price cycle, increased by 6.65% month on month, and decreased by 23.51% year on year. The methanol market quotation in various regions has also increased to varying degrees, especially in Shandong, Anhui and Fujian. The main factors of this price rise are the favorable futures, the maintenance of equipment in some regions, the low inventory, and the favorable influence of the recovery of downstream demand. In the short term, the positive factors will still remain for a period of time, traders are full of bullish mentality. The methanol analysts of the business club predict that the domestic methanol market will fluctuate at a high level in the short term.

As of October 14, the summary of methanol market prices in different regions was as follows:

Regional price

Spot exchange of RMB 1420 / T in Qinghai

1650-1680 yuan / t spot exchange in Shanxi

RMB 1750 / T in Liaoning

In Fujian Province, 2030-2100 yuan / ton

The factory reference of Lianghu area is 1900-1950 yuan / ton

Acceptance and delivery of 1870 yuan / ton in Anhui Province

RMB 1755-1765 / t spot exchange in Henan

In the downstream, the domestic formaldehyde market has been rising steadily. The upstream methanol was strong upward, and the formaldehyde plant in Shandong was driven by the cost suppression, and the mainstream price came to 900-1000 yuan / ton.

Domestic DME market trading atmosphere is generally good, and prices in some regions fell slightly. Xinlianxin, the main enterprise in Henan Province, and BMW have implemented a minimum guarantee policy. Xinlianxin affected the shipment under the requirements of vehicles entering the factory. Other enterprises’ prices stabilized and the shipment was better.

Domestic acetic acid market continued to be high. Shandong, Henan manufacturers continue to slightly increase the offer, driving the market to trade actively. Hebei Jiantao acetic acid plant temporary shutdown, North China market supply will be intensified.