I. price trend

According to the data of the bulk list of business agencies, the market of PA66 in China was stable in the first ten days of November, and the spot price was sideways. As of November 13, the average offer price of PA66 medium viscosity injection molding grade mainstream was about 23100.00 yuan / ton, which was the same as that at the beginning of the month.

Analysis of influencing factors:

The adipic acid in the upper reaches of PA66 is still in a weak market in the near future. Although the price has stopped falling, it is still in a depressed situation. Basically, loose supply and weak demand are still the main factors that hinder adipic acid from rebounding, and the upstream raw material market has not brought much boost. At present, the weak demand in the downstream of adipic acid, together with the increase of supply, leads to the increase of social inventory pressure. The market has been in the de stocking stage since October. At present, this process is not over, which is also an important reason why the price has not changed. In terms of region: the prices in East China and South China have not changed much, and some dealers have slightly weakened, but the range is limited. The market atmosphere is a little cold, dealers actively give priority to profit delivery, and the market maintains a weak and volatile pattern. At present, the downstream market still generally holds a wait-and-see attitude, and the transaction is slightly deadlocked. In addition, the upstream cost side slightly improved, pure benzene ended the downward shock pattern, rebounded slightly, but the strength was not strong, and did not bring too much positive effect to the adipic acid market. It is expected that the market will remain sluggish in the near future; in early November, the domestic PA66 market is temporarily abundant in spot supply, and downstream factories are still just in need of goods, with no improvement in demand. The market is generally bullish, and the mentality of the operators is limited. At the end of October, the merchants tried to hold up the price. At present, the price is weak, and the overall market of PA66 shows a stable trend.

Future forecast:

According to analysts of business club, the market of PA66 in China was stable in early November. The upstream adipic acid is weak, and the cost of PA66 is not well supported. There is no improvement in the enthusiasm of downstream stock up, and replenishment is just needed. The market is generally buying gas, and the industry is mainly in wait-and-see attitude. PA66 is expected to be stable in the near future.

I. price trend

According to the monitoring data of business agency, as of November 12, the latest price of cyclohexanone in China was 7333 yuan / ton, down 10.93% month on month and 40.93% year on year. The market of cyclohexanone in China is weak.

II. Market analysis

Products: at present, domestic cyclohexanone manufacturers have made it clear that there are not many offers. The shipping level of enterprises is around 7600-7800 yuan / ton. Most of them supply supporting downstream production demand, and the inventory level is low. The market of cyclohexanone in South China was mainly sorted out, and the negotiation was sent by reference to 7800-7900 yuan / ton. The upstream pure benzene was not effectively boosted, the demand for downstream solvent was weak, and the merchants mainly purchased on demand, with limited optimism. The market atmosphere of cyclohexanone in East China is weak. The negotiation reference is 7700-7800 yuan / ton. The price reduction of pure benzene enterprises has an impact on the mentality. The enterprises follow up and reduce the price. The downstream purchases on demand. The short-term optimism is insufficient.

Industrial chain: pure benzene: Asian pure benzene Market: the turnover of goods in December is 644 US dollars / ton CFR China, and the seller’s intention of shipping goods in December is 625 US dollars / ton FOB South Korea. Domestic pure benzene Market: the atmosphere of East China pure benzene market is weak, and the enterprise’s price reduction affects the mentality. The negotiation reference is 5250-5350 yuan / ton, some of the buying price is slightly low, and the negotiation of far month goods is 4900-5050 yuan / ton, and the cost line support is limited.

Caprolactam: the caprolactam US dollar market is narrowed, the offers of the merchants are temporarily stable, the inquiry atmosphere of the downstream factories is light, there are not many actual orders in the market, and the mainstream transaction negotiation reference in the market is 1300-1330 US dollars / ton. Caprolactam liquid market is weak, and the main real single negotiation price in East China market is 11000-11200 yuan / ton (delivered by acceptance within 6 months), down 50 yuan / ton. Caprolactam business mentality is empty, the focus of market negotiation tends to low-end. Downstream just need to buy mainly, the market trading atmosphere is light.

III. future forecast

On the positive side, I am interested in replenishment at a low price. On the negative side, the solvent demand is insufficient; the enterprise price is low; the price of pure benzene enterprise is lowered. The price of upstream enterprises is lowered, which is expected to have a negative impact on the market, and the level of manufacturers’ shipment is reduced. The cyclohexanone analysts of the business society expect that the market of domestic cyclohexanone market is weak in the short term.

I. price trend:

According to the data of the bulk list of business agencies, the spot price of ABS was stable in the first ten days of November, and the domestic market rose steadily last week. As of November 11, the main offer price of general-purpose ABS was about 12950.00 yuan / ton, down 0.39% from last week.

II. Analysis of influencing factors:

Industry chain: in all upstream aspects of ABS, the styrene market price was narrowed this week, and the domestic supply was in good condition. The import styrene remained high last month, resulting in the continuous increase of port inventory. Under the impact of a large number of imported goods supply, the domestic styrene cash flow was significantly compressed, but the current import volume has not decreased, and the domestic manufacturers have no plans to reduce production, which shows that The current price has not touched the cost line of the manufacturer. Zhejiang Petrochemical is expected to be put into production, or will affect the digestion capacity of imported goods. The wait-and-see atmosphere of merchants in the market has increased, and the market bearish mood has spread. The whole styrene market lacks strong support point, and it is expected that the price of styrene will continue the whole trend in the near future;

Last week, the spot market of acrylonitrile related products was stable. The supply side is relatively balanced, and traders offer cautiously. Downstream plant, general replenishment enthusiasm, maintain rigid purchase. It is expected that the domestic acrylonitrile quotation will continue to narrow range finishing in the near future;

Last week, the domestic butadiene market bottomed out and rebounded, and Sinopec’s factory prices kept lowering and returning to calm. At the beginning of the month, the butadiene plant of Lanhua Chemical Co., Ltd. was shut down. The shortage of raw materials depended on the mutual supply of Ningmei and Fushun. In addition, the online export of Huajin was suspended at the node on Monday. The supply of spot goods in the North was tightened, which boosted the spot market. The price of northern export manufacturers has been raised, the middlemen are reluctant to sell at low prices, and the trend of Tianjiao futures has been good within the week. The market has seen frequent good news, which has brought obvious support to the market. With the butadiene market higher, the downstream inquiry strength gradually weakened, while the external market continued to decline, leading to the cautious attitude of some businesses. However, in the near future, Fushun Petrochemical and Zhenhai Refining and chemical plants have plans for small-scale shutdown inspection, which has a positive supply side and a significant boost;

3. Future forecast:

Business analysts believe that the ABS market recovered steadily in the first half of November, with some brands picking up slightly. Cost side of the three upstream materials are up and down at present, not obvious support for the cost side. In recent years, due to the rising logistics cost, the inquiry of downstream factories has increased slightly, and appropriate purchase and replenishment are needed. Traders are bullish and trading on the floor is OK. It is expected that domestic ABS will continue to be weak and stable in the near future. It is suggested to pay close attention to cost and logistics.

I. price trend

II. Market analysis

Potassium sulfate domestic sales new single follow-up weak, downstream compound fertilizer demand pull poor, the industry to be cautious. The price advantage of resource-based and water salt potassium sulfate is that the shipment is relatively good in the implementation of the previous single volume to be shipped. The amount of potassium sulphate in Mannheim is average, and the atmosphere of bargain preference is strong. The low-end prices in the northern market have emerged, and the price war has gradually started. On the one hand, the demand is not strong, and it seems that it is difficult to improve, while the manufacturer’s inventory is already high, on the other hand, the potassium chloride is bearish, and the by-product market is much better, and the cost provides space. The third key is that some advantageous manufacturers continue to receive orders at low prices, so the price of Mannheim potassium sulfate accelerated the decline.

III. future forecast

Potassium sulphate analysts of the business association think: the upstream potassium chloride market has not improved, the downstream demand is not strong, and the price of potassium sulphate will continue to maintain a low in the future.

I. price trend

According to the data of the commodity list of the business association, the formaldehyde Market in Shandong Province recently fell. On November 3, the average price of formaldehyde was 1140.00 yuan / ton, and on November 7, the average price of formaldehyde was 1096.67 yuan / ton, down 3.80%. The current price fell 28.90% year on year.

II. Market analysis

Products: the price of formaldehyde in the domestic market fell. As of the 7th, the main factory quotation in Hebei was about 1050 yuan / ton, the main factory quotation in South China was about 1200 yuan / ton, the main factory quotation in Shandong was 1070 yuan / ton, and the main factory quotation in Jiangsu was 1300 yuan / ton. The annual output of 120000 tons formaldehyde plant in Linyi Yinhe, Shandong Province has been restarted, with the formaldehyde content of 36.7-37%. Linyi Jinyuan Chemical has two formaldehyde production lines with an annual production capacity of 80000 tons and formaldehyde content of 37%. The plant has been restarted. Formaldehyde plant restart more, formaldehyde market stock up, formaldehyde Market Trading atmosphere is cold, prices all the way down.

Industry chain: methanol in the upstream has different performance, with the rise and fall reflected. In terms of the mainland market, at present, the local market is weak, the downstream receiving is relatively limited, and some manufacturers sell at a profit; however, the sales volume in Guanzhong area is limited, and the price moves down under the tight support of goods. The traders and manufacturers of Lianghu Lake turn to Anhui, and the price of Anhui rises after the decline. Some downstream markets have started construction, but the overall demand is still relatively weak, with limited support for formaldehyde. Formaldehyde prices are falling all the way.

III. future forecast

Recently, methanol in the upstream has been sorted in a narrow range, with little fluctuation in cost, light market trading and recovery in the downstream market. However, it still takes time to open up the demand market. Therefore, formaldehyde analysts of the chemical branch of the business society expect that the domestic formaldehyde price or consolidation will be the main trend in the near future.