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.

According to the monitoring of the bulk data of the business agency, affected by the high price of raw materials, the dichloromethane market in Shandong has been strong and upward. As of October 13, the average price in Shandong was about 2720 yuan / ton, up 4.62% compared with the beginning of the month and 19.3% higher than the same period of last month.

Production capacity and operation of the enterprise

Shandong Jinling 440000 tons / year 70%

Dongying Jinmao 120000 tons / year parking

Luxi Chemical Industry: 400000 tons / year: 50%

Shandong Dongyue: 280000 tons / year: 50%

Jiangxi Liwen: 120000 tons / year: 50%

Jiangsu Liwen 160000 tons / year 70%

Jiangsu Meilan 200000 tons / year 70%

Quhua, Zhejiang: 300000 yuan / year: 70%

Zhejiang Juhua 300000 tons / year 80%

Affected by the high price of raw material liquid chlorine, the cost side pressure of dichloromethane production enterprises is relatively high, and some enterprises have obvious production inversion situation. In addition, the market as a whole started to reduce the negative, double positive factors support the price of dichloromethane to rise strongly. At present, the price of dichloromethane in Shandong is about 2720-2750 yuan / ton, that of Jiangsu Liwen is about 3300 yuan / ton, and that of Jiangxi Liwen is about 2750 yuan / ton.

In terms of upstream market, due to the favorable influence of the favorable futures and the rising downstream demand, the methanol market has increased to varying degrees, among which Shandong and Shanxi regions have obvious upward trend, and the favorable factors still exist in a short time, at present, about 1825 yuan / ton; the liquid chlorine market is running at a high level, enterprises have successively issued maintenance plans, and the low inventory leads to the continuous rise of liquid chlorine price The current quotation is about 1000-1200 yuan / ton.

In terms of downstream market, the transaction of refrigerant market was weak after the festival, the demand of downstream market was weak, the market continued to operate at a low level and weak position, and the industry was obviously bearish; the pharmaceutical and agricultural solvent industry started smoothly, and there was insufficient support for dichloromethane.

According to the methane chloride data of the business society, the domestic dichloromethane enterprises are affected by the high cost pressure, and the enterprises have a serious situation of tipping. In addition, the current reservoir pressure is not large, and the enterprise has obvious intention of supporting prices. It is expected that the domestic dichloromethane enterprises will continue to operate stably in a short period of time.

Today (10.12) domestic cyclohexanone market, wait and see. According to the monitoring data of the business agency, the average price of cyclohexanone in the domestic market today is 5850 yuan / ton, with a month on month increase of 2.93% and a year-on-year decrease of 28.95%. International oil prices fell, but the hurricane led to a halt in offshore crude oil production in the US Gulf, which restrained the decline. In terms of raw materials, Sinopec’s pure benzene price has been reduced by 150 yuan / ton, and 3300 yuan / ton has been implemented by all its refineries since October 9. In terms of downstream, Sinopec’s settlement price of caprolactam in September 2020 was 9700 yuan / T (liquid, high-quality products, self-made acceptance in six months), which was equal to the settlement price in August. Business community cyclohexanone analysts predict that the domestic market for cyclohexanone in the short term is mainly sorted out.

As of today (10.12), the market prices of cyclohexanone in various regions were summarized as follows:

Regional price

6000-6100 yuan / ton in East China, cash delivery

6100-6200 yuan / ton in South China

5750-5850 yuan / ton in Shandong Province