1、 Price trend of epichlorohydrin

(Figure: P value curve of epichlorohydrin product)

2、 Market analysis

November 25, epichlorohydrin market deadlock finishing. As of November 25, the average price quoted by epichlorohydrin enterprises was 13233.33 yuan / ton, up 0.76% compared with the previous trading day and 16.42% higher than that on October 25, according to the data of the bulk list of business associations. At present, the enthusiasm of downstream inquiry is general, the delivery of goods is not smooth, the market trading atmosphere is stalemate, and there is a strong wait-and-see mood.

According to the data monitoring of the business agency, the price of epichlorohydrin 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 market price specification date

Aite (Shandong) new materials Co., Ltd. $13500 / T premium product; 99.9% Min: 2020-11-25

Jinan Mingwei Chemical Co., Ltd. 13200 yuan / ton national standard 99.9-2020-11-25

Shandong Yukang Chemical Co., Ltd. 13200 yuan / T premium product; 99.9% Min: 2020-11-25

Jinan Mingyu Chemical Co., Ltd. $13500 / T national standard 99.9-2020-11-25

Upstream propylene, on November 25, the market price of propylene in Shandong kept rising. According to the price chart of the business agency, since November 1, the propylene price has dropped sharply at the end of October, and has risen by 200-250 yuan / ton on the 5th. After a short period of stabilization, the price dropped slightly by about 100 yuan / ton on August 8 and 9, and then stabilized again. On the 12th, the price rose by 50 yuan / ton again and fluctuated slightly again. Since November 19, propylene price has been raised all over again, and it keeps rising every day At the speed of 50-100 yuan / ton, it has risen by about 600 yuan / ton. The current market turnover is between 7430 and 7700 yuan / ton, and the mainstream price is about 7450 yuan / ton. Now the factory stock is small, the shipment situation is good.

The epoxy resin Market in Shandong Province was high on November 25. Under the pressure of high cost, the manufacturers strengthened their offers. The downstream companies were resistant to the high price raw materials, so the inquiry into the market was limited.

3、 Future forecast

According to the analysts of epichlorohydrin of the business agency, the price of propylene raw material has risen recently, the cost support has risen, the downstream buying intention is not high, the wait-and-see sentiment is strong, and the market atmosphere is light. It is expected that in the short term, the epichlorohydrin market may be stagnant, and the specific trend needs to pay more attention to the market information guidance.

1、 Formic acid price trend

(Figure: P value curve of formic acid products)

2、 Market analysis

Recently, the domestic industrial grade 85% formic acid market has been stable. As of November 24, the average price quoted by formic acid enterprises was 2200 yuan / ton, which was flat compared with last Tuesday (November 17) and increased by 3.13% compared with October 24, according to the data of the business club. Downstream on-demand procurement is the main, the overall demand is stable, and the market is running smoothly.

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.)

For the upstream caustic soda, on November 23, the price of caustic soda in Shandong was temporarily stable, and the mainstream ex factory price of 32% caustic soda was 400-530 yuan / T. the downstream purchasing demand was general, which contradicted the current caustic soda price. It is expected that the follow-up or narrow range of caustic soda sorting would be weak. According to the monitoring data of the business agency, the average price quoted by enterprises as of November 23 was 3100 yuan / ton, which was the same as last Tuesday (November 17) The upstream sulfuric acid market was temporarily stable in Shandong Province on November 24, and the upstream sulfur market rose slightly recently with good cost support, but the downstream purchasing enthusiasm was general, the supply of sulfuric acid was normal, and the ex factory price of sulfuric acid in the future market fluctuated slightly; according to the monitoring data of business agency, the average price of upstream sulfuric acid as of November 23 was 2117.50 yuan / ton, compared with that of last Tuesday (1 Compared with January 17, it was up 48.0% on December.

According to the price monitoring of business agency, on November 23, 2020, there were 22 kinds of commodities in the list of commodity price rise and fall in the chemical industry sector on November 23, 2020, among which there were 4 kinds of commodities with an increase of more than 5%, accounting for 4.3% of the total number of commodities monitored in this plate; the top three commodities were calcium carbide (8.42%), aniline (6.80%) and ethylene glycol (6.42%). There were 12 kinds of commodities that declined on a month on month basis, with styrene (- 3.93%), TDI (- 3.57%) and bisphenol A (- 1.40%). The average rise and fall was 0.46%.

3、 Future forecast

Formic acid analysts from the business community believe that the raw material prices are mainly stable in the near future, with limited cost support, and downstream demand based procurement. It is expected that in the short term, the formic acid market may run smoothly, and more attention should be paid to market news guidance.

According to the data monitored by the business agency, as of November 23, the price quoted by pet water bottle manufacturers was 5033.33 yuan / ton. The polyester bottle chip market was running weakly and steadily. The price of mainstream manufacturers was around 5100-5200 yuan / ton, while the mainstream negotiation in South China was 5150 yuan / ton. The overall market price of polyester bottle chips was stable, the purchasing atmosphere was general, the downstream demand was general, and the number of new customer orders was limited , mainly contract customers.

The domestic PET bottle chip market price is stable and rising, the overall market is running smoothly, the downstream demand is limited, and the price is mainly on the demand of rigid demand, and the overall price shows a small rise. The mainstream factories are actively shipping, the logistics is smooth, and the number of new orders is limited. At present, the polyester bottle chips in East China are running at a low level, and the prices of mainstream manufacturers are around 5100-5200 yuan / ton, which is weak in South China The mainstream negotiation price in the market is 5100-5200 yuan / ton. At present, the shipment is smooth and the inventory is general.

This week, the upstream PTA market rebounded slightly, the cost side lacked favorable support, the market demand was general, the negotiation focus was stable, the inventory pressure remained, and the transaction mentality was cautious.

On November 22, the BPI of commodity price index was 851, unchanged with yesterday, 16.49% lower than the highest point of 1019 (2012-04-10) and 28.94% higher than 660, the lowest point on February 3, 2016. (Note: period refers to 2011-12-01 to now)

Pet analyst of business agency thinks: pet market runs smoothly in the short term, price fluctuation is not big. (the above prices are provided by major pet manufacturers all over the country and analyzed by pet business analysts for reference only. Please contact relevant manufacturers for more price details.)

According to the data monitored by the business agency, as of November 20, the price quoted by pet water bottle manufacturers was 4966.67 yuan / ton, and the polyester bottle chip market was running in a weak position, with a slight downward trend. The price range of mainstream manufacturers is around 5000-5100 yuan / ton, while the mainstream negotiation in South China is 5050 yuan / ton. The overall market price of polyester bottle chips is stable, the purchasing atmosphere is flat, the downstream demand is general, and the number of new customers’ orders The quantity is limited.

The domestic polyester bottle chip market price runs smoothly, the downstream demand is general, and the overall price presents a stable trend. The market negotiation center is stable, the mainstream factory ships actively, the logistics is smooth, the number of new orders is limited, mainly contract customers, just need to purchase, buy as you need, Huadong polyester bottle chip is running at a low level, the current mainstream manufacturers’ price is around 5000-5100 yuan / ton, which is weak in South China The main market negotiation price is 5000-5100 yuan / ton. At present, the shipment is smooth and the inventory is general.

This week, the upstream PTA market rebounded slightly, the cost side lacked favorable support, the market demand was general, the negotiation focus was stable, the inventory pressure remained, and the transaction mentality was cautious.

On November 19, the rubber and plastic index was 736 points, up 5 points compared with yesterday, 30.57% lower than 1060 (2012-03-14), and 39.39% higher than the lowest point of 528 on April 06, 2020. (Note: period refers to 2011-12-01 to now)

Pet analyst of business agency thinks: pet market runs smoothly in the short term, price fluctuation is not big. (the above prices are provided by major pet manufacturers all over the country and analyzed by pet business analysts for reference only. Please contact relevant manufacturers for more price details.)

According to the price monitoring data of the business agency, as of November 19, the reference average price of domestic n-propanol with packaging in mainstream areas was around 11466 yuan / ton, which was 67 yuan / ton lower or 0.58% lower than a week ago; compared with November 1 (the average price was 11266 yuan), the average price was increased by 267 yuan / ton, or 2.37%.

In the first ten days of this month, driven by the price increase of n-propanol plants in Shandong and Jiangsu, the domestic market of n-propanol rose slightly, with the range of 200-500 yuan / ton. Subsequently, the overall trend of the market was stable. Until the middle of this month, some dealers adjusted the quotation of n-propanol according to their own inventory range, with the adjustment range of 100-200 yuan / ton, and the market of n-propanol fell slightly. At present, the domestic n-propanol market adjustment is limited, mainly stable operation. As of November 19, the ex factory price of n-propanol (bulk water) is around 10500-11000 yuan tons, and that of n-propanol (including package) is around 11200-11800 yuan tons. In Nanjing, the ex factory price of n-propanol (bulk water) is 10300-10500 yuan per ton. According to the price monitoring data of the business agency, the reference average price of domestic n-propanol including packaging in mainstream areas is around 11466 yuan / ton, which is 67 yuan / ton lower or 0.58% lower than a week ago; compared with November 1 (the average price is 11266 yuan), the average price is increased by 267 yuan / ton, or 2.37%.

In terms of raw materials, in the European ethylene market on November 18, FD northwest Europe quoted 716-727 USD / T, down 1 USD / T, CIF northwest Europe quoted 708-717 USD / T, down 1 USD / T, the recent market demand is general. In the Asian ethylene market, CFR Northeast Asia quoted 850-860 USD / T, CFR Southeast Asia quoted 785-795 USD / T, up 5 USD / T. It is expected that the price of ethylene in Asia will increase in the near future.

Internationally, on November 18, the price of WTI crude oil futures market in the United States rose, with the settlement price of main contracts rising by US $0.36 to US $42.01/barrel. Brent crude oil futures market prices rose, the main contract settlement price to 44.34 US dollars / barrel, up 0.59 US dollars.

Just need to purchase propyl alcohol market stability

At present, the demand for domestic n-propanol is normal, and the downstream just needs to purchase. Therefore, the n-propanol Data Engineer of the business club believes that in the short term, the n-propanol market fluctuates in a narrow range, and the overall continuous and stable operation is the main factor. The specific market will also be closely related to the upstream and downstream industrial chain, and the changes in raw materials and demand should be paid attention to.