1、 Price trend:

According to the data of the business club’s block list, the domestic PA6 market was active in early February, and the overall price level increased significantly. As of February 9, the mainstream offer price of the sample enterprises for Zhongyou 2.75-2.85 was about 13333.33 yuan / ton, up 4.99% from the average price at the beginning of the month.

2、 The influencing factors were analyzed

Upstream, the current domestic caprolactam price is rising rapidly, the market is positive. In terms of raw material pure benzene, the high inventory of enterprises in the early stage emptied rapidly, and the pure benzene inventory of East China port continued to decline. In addition, the unplanned shutdown and delayed restart of some units in East China led to the decrease of supply and the rapid rise of prices. In addition, the reduction of transportation before the festival and the increase of freight also promoted the price of pure benzene to rise. The price of pure benzene strongly supports the cost of caprolactam. In addition, the improvement of caprolactam supply was limited, and the tight supply pattern did not change substantially. Domestic caprolactam cost side, supply side, demand side three good convergence, clear market direction. It is expected that caprolactam market will continue to run high after the festival.

Raw material caprolactam market is strong, the cost of PA6 support is strong. At the beginning of this month, the demand for PA6 chips again appeared a small peak before the festival. At present, the overall operating rate of PA6 is high, and the inventory of polymerization plant is not under pressure, and some of them are oversold. At present, although the downstream factories have basically completed the procurement of PA6, the near and far cost side is consistently strong and upward, and the market direction is clear. Spinning and other factories were basically on holiday, the operating rate dropped rapidly, the downstream of engineering plastics and modified plastics were also shut down, and the on-site trading began to fade.

3、 Future forecast:

Analysts from business news agency believe: in early February, the domestic PA6 market was strong, and the good news mainly came from the shortage of upstream caprolactam supply, which did not improve, and the high raw material price supported the PA6 cost side. On the demand side, the demand for downstream goods preparation was large at the beginning of the month. Although the current business is basically on holiday and the trading volume turns weak, the fundamentals are still strong. The price of PA6 is expected to remain strong after the festival.

1、 Price trend

According to the monitoring data of bulk commodities, the domestic price of grade 52 chlorinated paraffin was stable this week. This week, the average ex factory price of domestic chlorinated paraffin 52 grade I products was 5133.33 yuan / ton.

2、 Market analysis

This week, the price of chlorinated paraffin 52 was stable. The overall quotation of paraffin wax market is firm. At present, the operation rate of the whole plant in Shandong Province is about 50%, while the chlorinated paraffin plants in Hebei and Henan provinces are shut down. At present, the ex factory price of grade 52 chlorinated paraffin in East China is about 4900-5100 yuan / ton, that of grade 52 chlorinated paraffin in Northeast China is about 5200 yuan / ton, and that of grade 52 chlorinated paraffin in Northwest China is about 5200 yuan / ton.

In terms of international crude oil, the price of WTI crude oil futures market in the United States fell on January 21, with the settlement price of the main contract at US $53.13/barrel, down US $0.18. Brent crude oil futures market prices rose, the settlement price of the main contract at 56.10 U.S. dollars / barrel, or 0.02 U.S. dollars. Crude oil WTI fell slightly on Thursday after data showed an unexpected increase in U.S. crude oil inventories last week, which made the market worried about slowing fuel demand and expected to rekindle. Meanwhile, U.S. stimulus measures were expected to limit price decline.

Liquid wax, liquid wax prices more stable this week, the overall trading atmosphere is light and stable. In terms of liquid chlorine, the market price of Jiangsu liquid chlorine ranges from 600-1100 yuan / ton. The delivery of liquid chlorine by most enterprises in Shandong has improved, and the quotation of some enterprises in Shandong is 1150-1250 yuan / ton.

In terms of demand, as the Spring Festival holiday approaches, downstream enterprises are basically on holiday, and the overall trading atmosphere is general.

3、 Future forecast

Business analysts believe that near the Spring Festival holiday, downstream enterprises basic holiday, the overall trading atmosphere is general. The output of chlorinated paraffin kept low and the inventory kept low. The price of chlorinated paraffin is expected to be strong before the festival.

According to the monitoring of the business community, the price trend of domestic phthalic anhydride market in early February was temporarily stable. As of the 4th, the quotation of phthalic anhydride was 5725 yuan / ton. Recently, the price trend of phthalic anhydride remained stable, the spot supply on the floor was normal, and the market price of phthalic anhydride was firm.

In the near future, the price trend of phthalic anhydride market is stable, the delivery situation of phthalic anhydride market is normal, the downstream demand is normal, the price trend of o-benzene is stable, the plasticizer market is improved, and the price of phthalic anhydride is deadlocked. Domestic phthalic anhydride manufacturers started at a low level. The operating rate of phthalic anhydride in the market was about 60%. The domestic phthalic anhydride spot supply was slightly tight. The price of phthalic anhydride in the market was firm. The downstream plasticizer industry rose slightly. The actual transaction was not obviously good. The price trend of phthalic anhydride was temporarily stable. The price trend of phthalic anhydride market in East China is temporarily stable, with limited high-end transactions in the market. The mainstream of adjacent France source negotiation in East China is 5800-6000 yuan / ton, and naphthalene method source negotiation is 5500-5600 yuan / ton. The mainstream quotation of phthalic anhydride market in North China is 5600-5800 yuan / ton. The market outlook of phthalic anhydride still exists, and the downstream procurement has not increased significantly. Recently, the price of downstream DOP has risen, which has given the market a boost Certain positive support, but the market price trend of phthalic anhydride is temporarily stable.

In recent years, the domestic price of o-benzene has been temporarily stable, with the market price of 4 700 yuan / ton. The low domestic price of o-benzene is the bad influence of phthalic anhydride market. In addition, the import price of o-benzene in the port area remains at a low level, and the external quotation of o-benzene does not change much. The actual transaction price is subject to negotiation and detailed discussion. Coupled with the strong wait-and-see sentiment of o-benzene merchants in the market, the price of o-benzene fluctuates at a low level, The low price of raw material o-benzene is bad for the domestic market price of phthalic anhydride, and the resistance to the price rise of phthalic anhydride still exists.

At the beginning of February, the market price of phthalic anhydride downstream DOP continued to rise. According to the monitoring of business society, the domestic DOP price was 9955 yuan / ton as of the 4th, the price of isooctanol rebounded, the cost of DOP raw materials fluctuated and fell, the equipment start-up of DOP enterprises was temporarily stable, the price of PVC fluctuated and warmed up, and the low demand of downstream customers warmed up. The plasticizer market is more dynamic and the downward pressure is weak. The transaction price is based on the real-time price. The overall DOP price is about 9900-10400 yuan / ton. The future DOP market is more dynamic and the downward pressure is weak. The domestic phthalic anhydride price may rise slightly due to the favorable support from the downstream.

Overall, the recent rise in crude oil prices, coupled with the improvement of downstream plasticizer industry, the market of phthalic anhydride is supported by the positive, and it is expected that the market price of phthalic anhydride will rise slightly in the future.

According to the data monitoring of business news agency, the average ex factory price of LLDPE (7042) in East China was 7850.00 yuan / ton on January 31 and 7983.33 yuan / ton on February 3, up 1.70% during the period and 1.27% compared with January 1.

According to the data monitoring of business society, the average ex factory price of LDPE (2426h) in East China was 10712.50 yuan / ton on January 31, and 10812.50 yuan / ton on February 3, up 0.93% during the period, down 2.81% compared with January 1.

According to the data monitoring of business association, the average ex factory price of HDPE (5000S) in East China was 8033.33 yuan / ton on January 31 and 8200.00 yuan / ton on February 3, up 2.07% during the period and 0.41% compared with January 1.

In January, the three kinds of PE spot showed the trend of first falling and then rising. In 2021, the PE market continued the weak trend at the end of 2020, and in the first ten days of January, the whole market went down, but the three kinds of PE spot fell by different degrees. After the new year’s Day holiday, due to the overstocking of the two oil stocks, the market supply is sufficient, the ex factory prices of petrochemicals are mostly down, the terminals are mostly on the lookout, the traders are pessimistic, the market transaction atmosphere is not good, and the prices follow suit. In addition to the LLDPE market at the beginning of the month, the price of Liansu futures rose by a small margin, but the follow-up futures market also began to fall, the positive factors were not there, and the price began to weaken. According to the data monitoring of business association, in the first ten days of January, the decline of LDPE in East China was the most obvious, with a decline rate of about 400 yuan / ton. HDPE in East China fell by about 200 yuan / ton, while LLDPE in East China fell by the least, about 100 yuan / ton.

The three major spot varieties all stopped falling and rose in late January. In the latter half of the year, the linear futures market rose, which brought obvious boost to the market. The merchants tentatively raised their quotations, and the terminal inquiry enthusiasm improved. Affected by the Spring Festival, with the coming of the holiday, the downstream has entered the replenishment stage before the festival, the overall market transaction atmosphere has improved, the digestion of petrochemical inventory has been smooth, the supply of goods in the market is tight, the petrochemical has continuously increased the ex factory price slightly, the business mentality is better, and the high price is reluctant to sell.

At the end of January, Liansu futures rose sharply, bringing obvious benefits to the market. Petrochemical enterprises were stable and cost support was acceptable. Businesses continued to make tentative high reports. At the end of the month, petrochemical enterprises slightly increased their pricing in February. In February, most of the prices kept rising, there was little pressure on the supply side, the overall inventory of production enterprises was at a low level, some of the supply sources were tight, and the market price was relatively firm.

On February 3, the opening price of polyethylene futures 2105 was 7880, the highest price was 7995, the lowest price was 7835, the closing price was 7980, the former settlement price was 7860, the settlement price was 7905, up 120, or 1.53%, the trading volume was 307188, the position was 321199, and the daily increase was 22041. (quotation unit: yuan / ton)

In February, the overall trend of Liansu futures market was weak, which brought Limited benefits to the spot market. At present, although some petrochemical enterprises slightly increase the ex factory price, the market transaction atmosphere is general. The Spring Festival is coming, and the demand for terminal replenishment is basically over before the festival. At present, the enthusiasm for entering the market is general. In the later stage, with the downstream factories having a holiday, the market demand gradually weakens, the merchants’ mentality is damaged, and some market prices are loose. It is expected that the polyethylene market will be dominated by weak consolidation in the short term.

1、 Price trend

2、 Market analysis

According to the data of business news agency, the price of Mannheim potassium sulfate 50 granules was 2725 yuan / ton at the beginning of January and 2750 yuan / ton at the end of the month, with a slight upward trend. This month, the domestic potassium sulfate Market has been running stably, and there is no inventory pressure on the whole. The manufacturers have basically continued the prices in the early stage. The prices in some areas have risen slightly, and the supply is relatively sufficient. However, the new orders are slightly flat, and the orders are being shipped in the early stage. The production of sinopotash is normal, mainly in the early stage of shipment, with the arrival price of 52% flour at about 2740 yuan / ton; the production of water salt system in Qinghai is limited, with the arrival price of 50% flour at about 2575 yuan / ton. By the end of the month, the operating rate of Mannheim potassium sulfate industry had rebounded to 79%. Due to the impact of the epidemic situation and transportation logistics, the operating rate of Hebei Province had rebounded after the environmental pressure of Henan market was relieved.

The upstream potassium chloride market as a whole maintained stable operation, production and supply were normal, the market mostly purchased on demand, and the potassium chloride contract negotiation information was released. In terms of domestic potassium, Qinghai potassium chloride plants have entered into the state of maintenance one after another, and the first arrival price of Salt Lake 60% powder and crystal is 2050 yuan / ton; in terms of imported potassium, the port inventory is relatively sufficient, with 62% white potassium at 2125 yuan / ton and 60% Dahong granules at 2100 yuan / ton. The downstream compound fertilizer market is mainly price fixing and wait-and-see, and the production of most fertilizer enterprises is stable.

3、 Future forecast

Potassium sulfate analysts of business news agency believe that: at present, the overall operation of potassium sulfate manufacturers is stable, most of them continue to quote before the end of the year, the demand is flat, and the market is expected to be stable in the future.