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.

On November 6, the hydrofluoric acid commodity index was 87.48, unchanged from yesterday, down 37.71% from 140.43 (2018-02-21), the highest point in the cycle, and up 63.24% from 53.59, the lowest point on November 30, 2016. (Note: cycle refers to 2011-09-01 to now).

According to statistics, the price trend of domestic hydrofluoric acid market is temporarily stable. Up to now, the price of domestic hydrofluoric acid market is 9640 yuan / ton, and the operation rate of domestic hydrofluoric acid is less than 60%. The enterprise reflects that the spot supply of hydrofluoric acid in the field is sufficient at present, and the goods in the hydrofluoric acid field can not be moved in the near future. Because the downstream demand is not improved, some hydrofluoric acid manufacturers’ prices are stuck, and the market price of hydrofluoric acid remains low. At present, the mainstream of hydrofluoric acid negotiation in the south is about 9000-9500 yuan / ton, and the price of hydrofluoric acid in the north market is 9000-10000 yuan / ton. The domestic market price of hydrofluoric acid remains at a low level, the supply of spot goods is sufficient, but the demand is poor, and the market price of hydrofluoric acid remains at a low level.

The price of fluorite in the upstream market remained at a low level. As of the 6th day, the price of fluorite was 2877.78 yuan / ton. The fluctuation of upstream raw material price brought limited support to hydrofluoric acid market. The price of hydrofluoric acid market was slightly lower due to the low price of raw material fluorite. In the near future, the trading market of downstream refrigerants in the terminal market is general, and the domestic market price of refrigerant R22 remains low. From the perspective of market supply, the market price of refrigerant R22 continues to be weak, the manufacturer’s production device reduces the starting load, the market supply capacity has declined, and the inventory pressure has been slowed down. In terms of demand, the downstream air-conditioning manufacturers only reduced the demand without increasing, and the mainstream price of domestic large enterprises is 12000-13000 yuan / ton. The price trend of R134a market in China is at a low level, the unit operating rate of production enterprises remains at a low level, the market demand for refrigerants is reduced, and manufacturers mainly export their products. However, the transaction price in the market keeps falling, the merchants purchase on demand, the peak season ends, the downstream demand of the terminal only decreases but not increases, and the price trend of hydrofluoric acid market declines. However, the transaction price in the market is low, and businesses purchase on demand. Recently, due to the normal supply of goods, the downstream demand is not improved, and the market price of hydrofluoric acid remains low.

The transaction situation in the refrigerant market is poor, the unit operating rate of the refrigerant industry remains low, the demand for the upstream hydrofluoric acid market is limited, and the spot supply of hydrofluoric acid is sufficient, but the manufacturer reflects that the loss is relatively serious, and Chen Ling, an analyst of the business agency, believes that the market price of hydrofluoric acid may maintain a low level.

On November 4, the phthalic anhydride commodity index was 62.41, down 0.49 points from yesterday, down 48.05% from 120.13 (2012-02-28), the highest point in the cycle, and up 28.89% from 48.42, the lowest point on January 21, 2016. (Note: cycle refers to 2011-09-01 to now).

In recent years, the market price of phthalic anhydride in China has continued to decline. In East China, the market price of phthalic anhydride is weak. The downstream factories maintain rigid purchase, the factory inventory pressure increases, and the high-end transaction is blocked. In recent years, the factory inventory has increased, and the market price trend of phthalic anhydride continues to be at a low level. In East China, 6400-6700 yuan / ton is the main flow of negotiation for neighboring method and 5800-6000 yuan / ton for naphthalene method; in North China, 6200-6400 yuan / ton is the main flow of negotiation for phthalic anhydride market. Most of the manufacturers in the field have price callback, the downstream construction is not high, the purchase is mainly on demand, the wait-and-see mentality is strong, the operation of domestic phthalic anhydride plant is stable, the spot supply of phthalic anhydride in the field is sufficient, and the downstream demand of phthalic anhydride is also strong The demand for phthalic anhydride decreased and the price trend of phthalic anhydride continued to decline.

In the near future, the execution price of domestic phthalic anhydride upstream product Sinopec is 6200 yuan / ton. Due to the restart of maintenance devices of some domestic phthalic anhydride manufacturers, the supply of goods inside the site has increased, the import price of phthalic anhydride in the port area has declined, and the quotation has declined. In the near future, the price of phthalic acid in the port has declined, and the stock in the port is at a low level. The external quotation of phthalic anhydride has fluctuated and fallen. The actual transaction price is subject to negotiation, and the details are given, The price trend of phthalic anhydride market continued to decline due to the drop of upstream raw material phthalic acid price.

The downstream DOP price is slightly lower, the price of isooctanol is lower, and the DOP cost is lower. The DOP price is fluctuating, the downstream demand of DOP is normal, the customer’s purchasing enthusiasm is general, the downstream PVC market is fluctuating and declining, the high-end transaction of DOP is blocked, the mainstream transaction price of DOP market is slightly reduced to 7400-7700 yuan / ton, the downstream price trend is declining, and the upstream ox price is falling, affected by the cost downward slide, it is expected that the market price of phthalic anhydride will maintain a slightly lower trend in the later period.

I. price trend:

According to the data of the bulk list of business agencies, the spot price of ABS fell in October, and the domestic market continued to be weak. As of October 31, the main offer price of general-purpose ABS was about 13050.00 yuan / ton, down 3.33% from the beginning of the month.

II. Analysis of influencing factors:

Industry chain: in all upstream aspects of ABS, the price of styrene fell in October. Recently, the supply of styrene in China is in good condition. In October, the import of styrene remained at a high level, resulting in the continuous increase of port inventory. Under the impact of a large number of imported goods supply, the cash flow of styrene in China has been significantly compressed, but at present, the import volume has not decreased, and domestic manufacturers have not reduced their production The current price has not reached the cost line of the manufacturer. However, with the expected production of Zhejiang Petrochemical approaching, it may affect the digestion capacity of imported goods and further affect the spot price of styrene in China. Downstream terminal digestion pressure, receiving intention is weak, the wait-and-see atmosphere of merchants in the market is increased. Styrene support weakened, market bearish sentiment spread. The whole styrene market lacks strong support point;

This month, the spot market of acrylonitrile related products is basically in a weak position. The pressure on the supply side is not abated, the quotation center of traders is declining, and the actual single is weak. The downstream operators are cautious in mind, not active in replenishment, and maintain the strategy of rigid demand. It is expected that the domestic acrylonitrile quotation will continue to be weak in the near future;

In October, the domestic butadiene market dropped significantly. The butadiene market in Shandong area was slightly weak, and Fushun Petrochemical price was lowered. The butadiene market in East China is dominated by weak consolidation. Sinopec and its external prices continue to decline. The downstream wait-and-see mentality remains unchanged. A few middlemen refer to the northern prices for offers. The downstream firm needs to digest the domestic spot at a slightly lower price node. The export volume of northeast manufacturers deserves attention. If the manufacturers continue to release volume and the supply is still under pressure, it is suggested to pay attention to the information guidance;

3. Future forecast:

Business analysts believe that the ABS market fell in October, and the spot prices of various brands declined. Cost side of the upstream three materials weakened this month, poor support for the cost side. Downstream factories began to reduce inquiries, buying light, just need replenishment. Business delivery pressure, weak in the field to see a heavier mentality, buy up do not buy down. It is expected that domestic ABS market will continue to be weak in the near future.

I. price trend of lithium hydroxide:

The average price of lithium hydroxide as of November 1 was 67666.67 yuan / ton, according to the data in the bulk list of business associations. The market price of lithium hydroxide fell, down 2.40% compared with that at the beginning of the week (October 28). In a three-month cycle, it fell 12.50% year-on-year.

II. Market analysis:

Product: the market price of lithium hydroxide fell this week. At present, the external quotation of industrial grade lithium hydroxide of Shanghai Yulun Industrial Co., Ltd. is 63000 yuan / ton, that of Shanghai oujin Industrial Co., Ltd. is 66000 yuan / ton, and that of Zigong tongfarong industrial grade lithium hydroxide is 74000 yuan / ton. The specific price will be discussed in a single way.

Industry chain: the upstream lithium carbonate market price fell (10.28-11.1) this week, up or down by – 1.12%. In October, the East China market of lithium carbonate continued to be under pressure, and the price still fell all the way without any positive trend.

Industry: according to the price monitoring of the business association, in the 43rd week of 2019 (10.28-11.1), there are 12 kinds of commodities rising month on month in the list of commodity prices in the chemical industry sector, among which there are two kinds of commodities rising by more than 5%, accounting for 2.4% of the number of commodities monitored in the sector; the top three commodities are dichloromethane (9.58%), sulfuric acid (6.98%) and aniline (4.24%). There are 40 commodities with a decline of 5% or more, accounting for 4.7% of the monitored commodities in the sector; the top three products with a decline are DMF (- 7.88%), butadiene (- 6.73%) and acrylic acid (- 5.88%). This week’s average was – 0.61%.

3. Future forecast:

According to analysts of lithium hydroxide of business association, the upstream lithium carbonate market is weak, and the cost is also weakened in the face of lithium hydroxide support. At present, the supply of goods is sufficient, the demand of downstream glass and lubrication industries of industrial grade lithium hydroxide is stable, and the willingness of manufacturers to ship is increasing. It is expected that the lithium hydroxide Market will be dominated by weak operation in the short term.