1、 Price trend of formic acid

(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

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.

According to the data monitored by the business agency, as of September 16, the average price of domestic power lithium iron phosphate was 37000.00 yuan / ton. The domestic power type lithium iron phosphate ran smoothly with limited demand. Orders increased and the price remained stable.

The market price range of lithium iron phosphate power is 34500-37000 yuan / ton, the price is stable, the supply and demand is balanced, and the demand is general. At present, the price range of energy storage lithium iron phosphate is 28000-31000 yuan / ton, and the average price is about 29500 yuan / ton. At present, the quotation of power type lithium iron phosphate enterprises is 37000 yuan / ton of Guangdong Optical Technology Co., Ltd., 37000 yuan / ton of Foshan Defang Nano Technology Co., Ltd Teri new energy materials Co., Ltd. is 37000 yuan / ton. In the past two years, domestic lithium iron phosphate technology has been continuously improved. Lithium iron phosphate battery has cost advantages. With the continuous breakthrough of lithium iron phosphate density, its safety and recycling have been better played. There is a very broad space for lithium iron phosphate in vehicle market.

The overall operation of upstream lithium carbonate is stable. At present, the mainstream price range of industrial grade lithium carbonate is 33500-37000 yuan / ton, with a slight increase. The mainstream price range of battery grade lithium carbonate is 39500-40500 yuan / ton, and the price remains stable.

The chemical index on September 15 was 720 points, up 3 points compared with yesterday, 29.13% lower than 1016 points (2012-03-13), and 20.40% higher than 598 points, the lowest point on April 8, 2020. (Note: period refers to 2011-12-01 to now)

Business Club lithium iron phosphate analysts believe: lithium iron phosphate market prices remain stable in the short term, just need to purchase. (the above prices are provided by major lithium iron phosphate manufacturers all over the country and analyzed by business lithium iron phosphate analysts for reference only. Please contact relevant manufacturers for more price details.)

1、 Price data:

According to the data monitoring of the bulk list of business associations, recently, the price of bromine in Shandong continued to rise. As of September 15, the average price of bromine in Shandong was about 29944 yuan / ton, up 3.26% compared with the beginning of the month, and 1.21% lower than the same period last year.

2、 Cause analysis

Product: at present, the overall supply of bromine market in China is still tight. In addition, the government began to levy resource tax in September, the price of bromine continues to rise, the overall inventory of bromine enterprises is low, the demand of downstream market is stable, and the bromine market is strong and upward. At present, mainstream bromine enterprises offer about 29500-31000 yuan / ton.

Industrial chain: in the upstream, the sulfur market is stable and firm, the port delivery is relatively small, and the market trading is weak, with stable price at present, which is about 796 yuan / ton; the sulfuric acid market is running stably, and the downstream market is purchasing rigid demand; in addition, due to the transportation constraints during the national day, the market has stabilized recently, at present, about 392 yuan / ton; the domestic price of liquid caustic soda is basically stable, mainly due to price deadlock, and downstream demand The weakening problem has led to the weakening of the price. The overall supply of caustic soda exceeds the demand, and the demand has not improved. At present, it is about 452 yuan / ton. The main downstream flame retardant market of bromine just needs to be stable, and the stock preparation is active before the festival; the industries such as pharmaceutical and pesticide intermediates are generally started, and the demand side supports the bromine price moderately.

3、 Future forecast

According to the bromine industry analysts of the business society, the tight balance between supply and demand in the domestic bromine market is difficult to ease in a short period of time, and the downstream market has a high degree of intention to prepare goods before the festival. In addition, some bromine enterprises have accumulated inventory, and the market supply is still tight. It is expected that the bromine price will rise strongly in a short period of time.

1、 Price trend chart of nitric acid Market

Nitric acid price curve

According to the monitoring of business agency, the average price of nitric acid in East China this week is 1500 yuan / ton, and the quotation is temporarily stable.

2、 Market analysis

Anhui Jinhe quoted 1300-1350 yuan / ton, which was flat compared with last week; Shandong helitai Chemical Co., Ltd. quoted 1750 yuan / ton, which was flat compared with last time; Huainan Aodeli chemical products Sales Co., Ltd. quoted 1280 yuan / ton of concentrated nitric acid, which was 30 yuan / ton lower than last week; Wenshui Synthetic Chemical Co., Ltd. quoted 1680 yuan / ton of concentrated nitric acid, 810 yuan / ton of dilute nitric acid, concentrated nitrate The price of acid increased by 100 yuan / ton compared with last week; the trading of nitric acid market became stable and local quotation increased.

According to the monitoring of the business agency, the price of domestic liquid ammonia rose by 0.21% this week for upstream products, 1.51% for aniline downstream and 7.17% for TDI this week.

3、 Future forecast

Downstream products market rose, nitric acid analysts in the business community predict that the price of nitric acid will rise.

According to statistics, the price trend of domestic p-xylene factory was temporarily stable this week, with an average price of 4600 yuan / ton at the weekend, which was temporarily stable compared with the price of 4600 yuan / ton at the beginning of the week, with a year-on-year decrease of 30.3%.

The domestic PX operating rate is about 60%. The operation of Hongrun 600000 ton new unit is stable, Huizhou refining and chemical plant is stable, fuhaichuang plant is on the first line, Pengzhou petrochemical plant is running stably, Yangzi Petrochemical PX unit is running normally, Jinling Petrochemical plant is running smoothly, Qingdao Lidong unit is operating at full load, Qilu Petrochemical plant is running stably The start-up of Urumqi petrochemical plant is about 50%, and Hainan refining and Chemical Co., Ltd. has started a production line. Hengli petrochemical plant is in normal operation, the domestic p-xylene supply is normal, and the domestic p-xylene market price trend is temporarily stable. This week, the operating rate of PX units in Asia is about 70%, and the supply of PX goods is normal in Asia. This week, the price trend of PX external market is mainly volatile. As of the end of the week, the closing prices of PX market in Asia are 531-533 USD / T FOB Korea and 549-551 USD / T CFR China. This week, the external price of PX has not changed much. More than 40% of domestic products need to be imported, and the closing price of PX external market is shocked Swing to the domestic market to bring a certain support impact, domestic PX market price trend temporarily stable.

The U.S. WTI crude oil futures market price fell sharply this week. As of the 10th, the settlement price of the main contract in the U.S. WTI crude oil futures market was at $38.05/barrel. The price of Brent crude oil futures market was mainly due to the impact of the weak demand caused by the epidemic situation, which was expected to continue to enlarge. According to related news, analysis of the long Labor Day weekend in the United States shows that new coronavirus infections have increased in 22 of the 50 states in the United States. And in India and the United Kingdom, the number of new infections is growing. The global epidemic situation is still serious, and due to the economic start-up in some countries, the relaxation or cancellation of restrictive measures has led to the continuous spread of the virus. People’s concern that the rebound of the epidemic may weaken the global economic recovery has increased, and then hit the demand for fuel. The crude oil price trend declined, and the domestic p-xylene market price trend temporarily stabilized.

This week, the price trend of downstream PTA market dropped sharply. As of the end of the weekend, the PTA Market in East China had been discussed to be around 3400-3500 yuan. Recently, the operating load of PTA industry was 87%. The restart of its own device, the fall of oil price and the recovery of demand were limited. The superposition of negative factors led to the fall of PTA price. Downstream polyester market is weak, production and sales are light. Raw materials fell with crude oil, polyester Market wait-and-see atmosphere increased, demand weakened. Inventory continued to rise, polyester market overall inventory concentrated in 33-41 days; specific products, POY inventory to 12-18 days, FDY inventory to 23-35 days, and DTY inventory to 31-44 days. Factory prices are stable and weak, and some factories are willing to negotiate on a volume basis. The downstream market is not good. PX price trend is Friday.

On the whole, the demand of textile industry has not improved significantly, the order performance is not stable, and the terminal demand is poor. For upstream Px, on-demand procurement is the main factor, and the price trend of PX market is stable.

Chen Ling, PX analyst of business agency, thinks that the trend of crude oil price has dropped in recent years, but the operating rate of downstream textile enterprises is general, PTA market price is falling, and domestic PX market supply is normal. It is expected that PX market price will maintain about 4600 yuan / ton next week.