Monthly Archives: August 2019

The price trend of domestic fluorite market in China is temporarily stable on August 22

On August 22, the fluorite commodity index was 107.46, down 0.22 points from yesterday, down 15.71% from the peak of 127.49 points in the cycle (2019-01-03), and up 118.37% from the low of 49.21 points on December 18, 2016. (Note: Period refers to 2011-09-01 to date)

According to statistics, the domestic fluorite price has a downward trend. The average domestic fluorite price is 3068.75 yuan/ton as of 22. Recently, the domestic fluorite plant started normally, the mine and flotation plant in the field started normally, the fluorite supply in the field was sufficient, the hydrofluoric acid price in the downstream was lower recently. For the fluorite market, the market price of fluorite was purchased on demand, and the market price of fluorite was lower. The trend is declining. Recent downstream installation start-up situation is general, fluorite spot supply is normal, terminal downstream receipt is poor, resulting in a decline in market prices. The price of 97 fluorite wet powder in Inner Mongolia is 2800-3000 yuan/ton as of 22 th, the mainstream of 97 fluorite wet powder negotiations in Fujian is 2900-3200 yuan/ton, the price of 97 fluorite wet powder in Henan is 2900-3200 yuan/ton, and the price of 97 fluorite wet powder in Jiangxi is 2900-3200 yuan/ton.

Azodicarbonamide (AC foaming Agent)

The market price of hydrofluoric acid in the downstream of fluorite is declining. As of 22 days, the domestic market price of hydrofluoric acid is 1180 yuan/ton. The decline of market price of hydrofluoric acid has a negative impact on the upstream fluorite market. However, the recent start-up of hydrofluoric acid plant is general, and the demand for fluorite has weakened, and the price of fluorite has slightly declined. Recent downstream refrigerant market trading market is general, domestic refrigerant R22 market shocks down, from the market supply point of view, the production enterprise device is stable, but the pressure of goods is too high, inventory expansion appears to a certain extent, the enterprise aims to make profits to deliver goods. The downstream weakness continues, the peak season of refrigerants has passed, and demand has only declined but not increased. The price of domestic large enterprises has maintained the level of 16500-18000 yuan/ton. Domestic market price trend of R134a shocks, production enterprises equipment start-up rate remains low, refrigerant market demand is general, manufacturers mainly export. However, the price of on-site transactions does not change much. Businessmen buy on demand. At the end of the peak season, the demand downstream of the terminal decreases but does not increase. The price affected by the fluorite market is slightly lower.

Overall, the downstream industry is slightly lower, coupled with sufficient supply of fluorite market, the downstream refrigerant industry demand is not good, Business Analyst Chen Ling believes that the price of fluorite market may be slightly lower.

Melamine

China’s domestic potassium sulphate is running steadily, and the start-up rate is about 60%.

The overall starting rate of potassium sulphate in China is about 60%. Mannheim’s factory is under the pressure of high price potassium chloride. The cost pressure is high. At present, the 50% powder factory price is more than 2850-2900 yuan/ton. The 52% potassium sulphate content is slightly better. The factory price is more than 3000-3050 yuan/ton. The actual transaction is based on the order quantity of downstream factories. One discussion is the main one.

Benzalkonium chloride

Potassium sulphate quoted by CITIC is 52% powder 3150 yuan/ton, and 52% powder is out of warehouse 2750-2800 yuan/ton. Qinghai water and salt system 50% powder mainstream outbound arrival quotation 2550-2600 yuan/ton; Ningqin Mannheim 50% powder factory quotation 2700 yuan/ton, a single discussion.

Potassium sulfate Market is mainly stable. Prices remained firm in the face of tight overall market supply. At present, the low price supply of powdered potassium sulfate in Qinghai water-salt system has restrained the high market price to some extent, and the mainstream arrival quotation is 2550-2600 yuan.

Sodium Molybdate

The price of Mannheim potassium sulfate is basically stable. The mainstream factory price of 50% of the powder is 2800-3100 yuan, and the factory price of 52% of the powder is 3000-3200 yuan. The price in South China is higher. Mannheim potassium sulfate by-product hydrochloric acid high-end paste 80-100 yuan, individual low-end paste about 200 yuan.

The market of potassium sulfate is stable, the demand of compound fertilizer production in autumn is mainly chlorinated, the new unit quantity of potassium sulfate is reduced, and the preferential promotion is expected to relax slightly. At present, the supply of raw material potassium chloride frontier trade in Northeast China is tight, and the Mannheim plant in the region is conservatively operated under the influence of normalization of environmental protection and security inspection; the mainstream factory quotation of 50% powder in Liaoji is 2800-2850 yuan/ton, grain/52% powder 2900-3000 yuan/ton, round particle 3150-3200 yuan/ton, and the preferential price is mainly a single discussion.

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China’s Ammonium Nitrate Market Price Trend Stable on August 21

On August 21, the ammonium nitrate commodity index was 103.51, which was the same as yesterday. It was 12.59% lower than the cyclical peak of 118.42 points (2019-01-15), and 33.79% higher than the lowest point of 77.37 on October 31, 2016. (Note: Period refers to 2013-02-01 to date).

Recently, the domestic ammonium nitrate market price has maintained stable, the domestic ammonium nitrate plant is running smoothly, and is in the off-season of downstream demand. The ammonium nitrate manufacturer’s shipment quotation is general, the downstream is purchased on demand, combined with the impact of environmental protection control, the downstream civil explosion industry in China has stopped production more, the domestic ammonium nitrate manufacturer has limited start-up, and the on-site price. Maintain a low level. By the end of the weekend, the mainstream in Shaanxi was 1950-2050 yuan/ton, Shandong was 1900-2000 yuan/ton, and Hebei was 1850-1950 yuan/ton. Affected by environmental protection, some downstream factories were forced to limit production or stop production for maintenance to accept environmental protection inspection. The demand for ammonium nitrate was at a low level, and the market price of ammonium nitrate was maintained. Keep oscillating.

EDTA 2Na

Recently, the price of nitric acid in China has declined. As of 21, the market price was 1610 yuan/ton. The price of nitric acid in China has fallen, which has a negative impact on the ammonium nitrate market. Jiangsu mainstream manufacturers quoted 1600 yuan/ton, Anhui mainstream manufacturers quoted 1620 yuan/ton, Shandong manufacturers quoted 1620 yuan/ton. The decline of nitric acid prices has a negative impact on the ammonium nitrate market, and the price trend of ammonium nitrate has maintained a low level. The market turnover is still acceptable. The market price of liquid ammonia is 3200 yuan/ton. The upstream cost of liquid ammonia is lower. In addition, most of the manufacturers’inventory pressure has increased compared with the previous period. Some plants have been restarted and the local ammonia supply in the region has increased. Especially in Shanxi and North China, most of the manufacturers have sufficient supply of ammonia, while the manufacturers in the northern region have sufficient supply of ammonia. The price is maintained in the range of 2900-3400 yuan/ton and 2500-2600 yuan/ton in Northwest China. The low level of liquid ammonia has a negative impact on the downstream ammonium nitrate market. At the end of the peak season of the downstream civil explosion industry recently, the demand for ammonium nitrate has weakened and the inventory of ammonium nitrate manufacturers has increased. However, the price trend of liquid ammonia market is temporarily stable, and the market of ammonium nitrate is shaking at a low level due to the bad market. Ammonium nitrate analysts believe that the recent upstream raw material market prices remain volatile, but the downstream demand is not good, ammonium nitrate market prices are expected to decline slightly later.

EDTA

OPEC: Oversupply in the Oil Market and Oil Price is expected to fall

According to today’s oil price report, OPEC believes that the oil demand outlook is “somewhat pessimistic” for the next time in 2019, although in the short term, supply is still tight.

In the latest report, OPEC only slightly lowered its forecast for global oil demand to 1.1 million barrels a day in 2019. This estimate may ultimately be too optimistic. OPEC said the forecast was “subject to downside risks arising from uncertainties in global economic development”.

It is noteworthy that OPEC said that global oil production could grow by 19.7 billion barrels a day this year, far exceeding demand growth. However, production growth in the United States, Brazil, Thailand and Norway was lower than expected, reducing the figure by 72,000 barrels per day compared with previous estimates.

Azodicarbonamide (AC foaming Agent)

OPEC said another worrying sign was that oil inventories in OECD member countries increased by 31.8 million barrels in June from last month, above the five-year average to 67 million barrels. In other words, just as OPEC + convened a meeting to extend the cut-off period for another nine months, inventories were rising, suggesting that the market was oversupply.

There is a slightly optimistic news for OPEC, which has increased daily crude oil demand by 100,000 barrels in 2019 and 2020. However, OPEC said demand for its oil would drop from 30.7 million barrels a day this year to 29.4 million barrels a day in 2020.

Based on these figures, if no further action is taken, OPEC will face a serious oversupply next year. The organization either risked another downturn in the market by sticking to current production levels or further cutting production.

What happened next was largely out of OPEC’s control. Recent fluctuations in oil prices are almost entirely the result of changes in people’s perceptions of the global economy. Commerzbank said in a report on Friday: “The oil market continues to fluctuate and oil prices remain volatile. After Wednesday’s sharp fall, Brent crude oil (Thursday) suffered another heavy blow, falling more than 3% in a few hours. At present, oil prices are still subject to global economic expectations and are in the midst of economic worries and hopes that trade disputes may soon end.

Retail sales data released on Friday in the United States eased some pessimism, but the global situation remained worrying, with data released around the world continuing to point in a negative direction. Just last week, the U.S. Treasury yield curve reversed, Argentina’s stock market and currency collapsed, oil prices fluctuated, and there was widespread concern about a global recession.

Melamine

Although most recent data are healthy, the United States is not immune. For example, in recent weeks, Wall Street analysts have sharply lowered their expectations for third-quarter earnings. “In April and early May, almost everyone felt that the economy would be better in the first half of this year and that international trade tensions would be resolved, at least not escalated,” Mark Costa, CEO of Eastman Chemical, said at a conference call on earnings last month. Now we are in a completely different situation. I don’t think there are many signs of economic recovery in the second half of the year.

Ultimately, the United States will find it hard to escape the effects of the global economic slowdown. The World Trade Organization (WTO) painted a bleak picture for the third quarter, saying that trade volume “may continue to be weak”. The global auto industry has also been hit hard this year, with auto sales in India and Germany shrinking sharply. The U.S. auto industry is also beginning to show some signs of tension.

The problem with oil prices is that with supply growth outpacing demand, the outlook for 2020 is already quite pessimistic – that’s the basic picture. But the likelihood of a recession continues to grow, which could worsen the oversupply.

Benzalkonium chloride

China’s domestic phthalic anhydride market price trend is temporarily stable on August 21

On August 21, the phthalic anhydride commodity index was 57.10, unchanged from yesterday, down 52.47% from the cyclical peak of 120.13 points (2012-02-28), and up 17.93% from the lowest point of 48.42 on January 21, 2016. (Note: Period refers to 2011-09-01 to date).

Sodium Molybdate

Recent domestic market price fluctuation of phthalic anhydride, price fluctuation of phthalic anhydride and phthalic anhydride in eastern China, downstream factories maintaining just in need of purchase, factory inventory pressure, high-end transaction hindered, the mainstream of on-site neighbouring source negotiations is 5700-5900 yuan/ton, the mainstream of naphthalene source negotiations is 5300-5400 yuan/ton; the mainstream of phthalic anhydride market in North China is 5300-5400 yuan/ton. The quotation ranges from 5700 to 5800 yuan/ton, the market price remains volatile, the quotation of enterprises is temporarily stable, the downstream construction is not high, the procurement is on demand, the wait-and-see mentality is strong, the domestic phthalic anhydride plant is stable, the spot supply of phthalic anhydride is normal, and the price trend of phthalic anhydride is mainly volatile.

In the near future, the domestic price of phthalic anhydride upstream product Sinopec o-phthalic acid is 6000 yuan/ton. The import market of phthalic anhydride in the port area has fallen, the quotation is stable, the recent market of phthalic anhydride in the port is general, the port stock is low, the quotation of o-phthalic anhydride outside market has fallen concussively, the actual transaction price is based on negotiation, the factual details are discussed in detail, Market prices remain low and volatile. Downstream DOP price shocks fell, isooctanol price shocks fell, DOP costs fell. DOP prices fell, DOP downstream demand shocks remained stable, customer purchasing enthusiasm was general, downstream PVC market shocks remained stable, DOP market mainstream transaction price of about 7300 yuan/ton, downstream prices slightly lower, it is expected that the market price of phthalic anhydride in the later period will maintain the trend of shocks.

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China’s domestic sulphur market declined narrowly on August 20

Price Trend

 

According to the price monitoring of business associations, the average ex-factory price of sulphur market in East China is 746.67 yuan/ton, a decline of 5.48%. On August 20, the sulphur commodity index was 40.97, down 2.38 points from yesterday, down 60.55% from 103.84 points in the cycle (2011-11-02), and up 17.46% from 34.88 points on October 23, 2016. (Note: Period refers to 2011-09-01 to date)

Azodicarbonamide (AC foaming Agent)

II. Market Analysis

Products: Domestic sulphur market prices have been sharply lowered, downstream demand performance is still weak, terminal purchasing enthusiasm is weak, lack of information guidance, refineries in various regions continue to downward price adjustment, the mainstream price of solid sulphur in East China market is around 680-740 yuan/ton, liquid sulphur is 50 yuan/ton, the mainstream price is 610-730 yuan/ton. About 40-70 yuan/ton for solid sulfur in Shandong market, 780 yuan/ton for solid sulfur, 620-700 yuan/ton for liquid sulfur, 40 yuan/ton for solid sulfur in North China market, 610-660 yuan/ton for solid sulfur and 580-620 yuan/ton for liquid sulfur.

Industry chain: The vulnerable sorting of sulphur market continues to decline, the vulnerable sorting of acid Market downstream, coexistence of high land prices, contradictions between supply and demand on the site remain, both buyers and sellers are cautious to trade, business mentality is not good, the market is not supported by substantive good news for the time being, it is expected that prices will be low or downward.

EDTA

Industry: From the demand point of view, the downstream wait-and-see atmosphere is strong, it is difficult to change. Domestic port inventory is high, market turnover is still cold, real information is scarce, port storage consumption is slow, buyers and sellers wait for information guidance. Domestic sulphur market continued to decline, downstream demand has not improved, the industry for the future look at the atmosphere is strong.

3. Future Market Forecast

Business sulfur analysts believe that the current sulfur market lacks information guidance, no substantive positive factors, downstream demand has not improved for the time being, industry cautious wait-and-see, expected short-term sulfur market or continued weak consolidation.

Melamine

The trend of domestic hydrofluoric acid Market in China was temporarily stable on August 20

On August 20, the hydrofluoric acid commodity index was 103.72, which was the same as yesterday. It was 26.14% lower than the peak of 140.43 points in the cycle (2018-02-21), and 93.54% higher than the low of 53.59 points on November 30, 2016. (Note: Period refers to 2011-09-01 to date)

Benzalkonium chloride

According to statistics, the price trend of domestic hydrofluoric acid market is temporarily stable on August 20. Up to now, the domestic market price of hydrofluoric acid is 11 430 yuan/ton, and the domestic starting rate of hydrofluoric acid is less than 60%. Enterprises reflect that there is sufficient supply of hydrofluoric acid on the spot at present, and the recent on-site shopping situation is general. Recently, due to poor downstream demand, part of hydrofluoric acid is in short supply. Manufacturers cut prices slightly, and the market price of hydrofluoric acid fell. At present, the mainstream of hydrofluoric acid negotiations in the southern region is about 10500-11000 yuan/ton, while the price of hydrofluoric acid in the northern market is between 11000-11500 yuan/ton. Domestic hydrofluoric acid market price declined, spot supply is normal, but the demand situation is poor, hydrofluoric acid market price trend is temporarily stable.

Sodium Molybdate

The price of fluorite in the upstream slightly declined. As of the 20th day, the price of fluorite was 3068.75 yuan/ton. The downward price of raw materials in the upstream had a negative impact on the hydrofluoric acid market, and the trend of the hydrofluoric acid market was temporarily stable. The downstream refrigerant product plant starts at a low level. The demand for upstream fluorite and hydrofluoric acid is poor. Recent downstream refrigerant trading market is general, and the price of hydrofluoric acid products fluctuates. Recent downstream refrigerant market trading market is general, domestic refrigerant R22 market shocks down, from the market supply point of view, the production enterprise device is stable, but the pressure of goods is too high, inventory expansion appears to a certain extent, the enterprise aims to make profits to deliver goods. The downstream weakness continues, the peak season of refrigerants has passed, and demand has only decreased but not increased. The price of domestic large enterprises has maintained the level of 16,000-18,000 yuan/ton. Domestic market price trend of R134a shocks, production enterprises equipment start-up rate remains low, refrigerant market demand is general, manufacturers mainly export. However, the price of on-site transactions does not change much. Businessmen purchase on demand. At the end of the peak season, the downstream demand of terminals decreases but does not increase. The downstream demand is not good, and the price trend of hydrofluoric acid market is low. However, the on-site transaction price does not change much. Businessmen purchase on demand. Recently, due to the normal supply of goods and poor downstream demand, the market price of hydrofluoric acid has declined.

Refrigerant field turnover is poor, refrigerant industry equipment start-up rate remains low, for upstream hydrofluoric acid market demand is limited, hydrofluoric acid spot supply is normal, Business Analyst Chen Ling believes that the hydrofluoric acid market may be slightly lower.

http://www.lubonchem.com/

China’s domestic soda ash market is running steadily this week (8.12-8.16)

Price Trend

According to the monitoring data of business associations, the stable operation of soda ash this week is dominant. At the beginning of the week, the average market price in East China was 1676.67 yuan/ton from the beginning of the week to the end of the week, down 21.04% from the same period last year. The light soda commodity index on August 16 was 85.98, which was the same as yesterday. It was 27.05% lower than the cyclical peak of 117.86 points (2017-11-21), and 36.15% higher than the lowest point of 63.15 on November 18, 2015. (Note: Period refers to 2011-09-01 to date)

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II. Market Analysis

Products: This week, the domestic soda price maintained stable operation, the market is weak and stable, manufacturers have sufficient orders, the current domestic mainstream light soda factory price is 1520-1700 yuan/ton; domestic heavy soda mainstream to the terminal price is 1700-1850 yuan/ton, this week, the heavy soda market changes little, manufacturers shipment situation is relatively smooth, the market stock is bullish. It is expected that some manufacturers will implement the end-of-month pricing.

EDTA

Industry chain: the downstream cryolite plant is running normally at present, the factory stock is sufficient and pressure-free, and the ex-factory quotation is temporarily stable; the price of sodium pyrosulfite continues to run at the bottom this week, the overall market is still depressed, the cost of raw materials continues to be depressed, the main body of upstream and downstream trade is cautious, and some enterprises are to protect it. Goods continued to focus on sodium sulfite market prices, domestic sodium pyrosulfite market prices continued to operate at a low level this week. This week, downstream glass market performance is relatively strong, downstream processing enterprises orders are rising steadily, with the arrival of the traditional sales season, traders actively follow up the stock.

Industry: Affected by typhoon this week, soda factory start-up load is not high, slightly decreased, downstream demand is flat, no obvious improvement, end users and some traders are generally motivated to get goods.

3. Future Market Forecast

Business analysts believe that this week, the domestic light alkali market has been running steadily, the number of maintenance manufacturers has increased, the supply of goods has decreased, and the inventory of soda manufacturers has remained low. It is expected that the soda market will run steadily in the short term, depending on the downstream market demand.

Melamine

Enterprises have delayed maintenance and ammonium chloride has to reduce its price.

Recently, the price of urea, which was originally weak, has risen slightly. Whether it is hype or not, most traders in various markets are not optimistic about the current market, indicating that urea prices are still doomed to decline. At this time, the ammonium chloride market is also in a weak position. The quotation from factories (pay attention to the publicity quotation for the information platform) is relatively strong, but the report is high and the quotation is low. The actual transaction is declining.

Benzalkonium chloride

At present, the domestic market of wet ammonium and dry ammonium still shows some differences. The market of wet ammonium is slightly better than that of dry ammonium, but if the prices of some ammonium continue to fall, wet ammonium will inevitably be affected by this. At present, some of the mainstream dry ammonium ex-factory quotations in central China are around 680-720 yuan/ton, but the actual reference price to the factory is about 710-720 yuan/ton; the mainstream wet ammonium ex-factory quotations in eastern China are about 600-650 yuan/ton, with favorable transaction rates, while the mainstream dry ammonium ex-factory quotations are between 720-750 yuan/ton. The actual reference price has fallen to only 700 yuan/ton, of which the dry ammonium quotation is slightly higher. Most ammonium supply to Shandong market arrived at about 750 yuan/ton; dry ammonium ex-factory quotation in North China was firm at 720 yuan/ton, but under the trend of rising start-up, the price is expected to fall.

It is difficult to support the overall operation of joint alkali enterprises at a high level. Some ammonium chloride enterprises said that they would carry out overhaul this month, but according to the latest knowledge, factories have said that the overhaul time will be delayed until late or mid-next month, and a few ammonium chloride enterprises in North and East China will resume production by the end of this month, which means that the overall industry start-up rate of the United alkali enterprises will be the same. Up to now, according to the statistics of China Chemical Fertilizer Network, it has risen to 76%. In the short run, it will continue to maintain this level or above, and it is difficult for the factory to improve its shipment. However, in the long run, if the ammonium chloride enterprises are repaired as scheduled in September, the start-up rate will be reduced.

Demand is weak, the market may be “overdrawn” in advance. First, affected by Typhoon Lichma, the compound fertilizer enterprises in some parts of East China were forced to stop short or start-up rate was reduced. Second, under the environmental protection and safety inspection, some small and medium-sized compound fertilizer enterprises were forced to limit or stop production, such as East China, Central China, Southwest China and other regions, which showed slightly obvious performance, while for compound fertilizer plants, purchasing. The third is the 70th anniversary of the celebration, which will inevitably restrict the production of chemical fertilizers and chemical enterprises in the surrounding areas. According to some ammonium chloride enterprises in Shaanxi Province, the production of compound fertilizers around September will be restricted or stopped. Businessmen and enterprises do not “catch a cold” to light storage. Fall fertilizer production has considerable demand for wet ammonium, but they have no choice but to overdraft the market ahead of time. Dry ammonium is difficult. However, the light storage in Northeast and Northwest China has not started yet, the time is not yet said, the price has not reached the bottom, so the terminal has no intention of purchasing, forcing enterprises to reduce prices.

Sodium Molybdate

However, urea is weak and its support to ammonium chloride is weak. Although a small number of urea enterprises in Shandong and Hebei have increased urea quotation by 10-40 yuan/ton since Wednesday, it has not caused a big disturbance. Traders are still very rational. Considering market factors, it is generally believed that urea market is “hype” with a short duration and little support for ammonium chloride.

In conclusion, the market of ammonium chloride has more negative factors than positive ones, so the market turns to weak. Although some enterprises are unwilling to “admit” that the price has fallen, it is useless. It is expected that in the off-season and at the high level of ammonium chloride enterprises, the low level of urea, environmental protection and “parade blue” will affect some raw material fertilizers and compound fertilizers. Restrictions such as start-up of enterprises, it is expected that the price of dry ammonium still has room for a slow decline. Although wet ammonium is relatively strong, it can not withstand the long-term negative impact of the price reduction of dry ammonium.

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China’s domestic liquefied gas market fell first and then rose (8.12-8.16) this week.

Price Trend

 

 

The domestic liquefied petroleum gas (Shandong) market fell first and then rose this week. At the beginning of the week, the average price of the domestic liquefied petroleum gas market was 3783.33 yuan/ton. At the end of the week, the average price was 3776.67 yuan/ton. Within the week, the decline was 0.18%, which was 12.58% lower than that of the same period last year.

EDTA

II. Analysis of Influencing Factors

Products: Domestic liquefied petroleum gas fell first and then rose this week, and the trading atmosphere in the market improved. As of August 16, the ex-factory price of liquefied gas of Sinopec Guangzhou Chemical Co., Ltd. was 3210 yuan/ton, that of Jingmen Petrochemical Co., Ltd. was 3380 yuan/ton, that of Shanghai Petrochemical Co., Ltd. was 3160 yuan/ton, that of Qingdao Petrochemical Co., Ltd. was 3480 yuan/ton, and that of Shandong Gold Co., Ltd. The liquefied gas ex-factory price of Chengdu Petrochemical Group is 3650 yuan/ton, and that of Shijiazhuang Refining and Chemical Branch of Sinopec is 3600 yuan/ton. Sinopec Luoyang Petrochemical Liquefied Gas ex-factory price is 3600 yuan/ton.

Industry chain: This week, the domestic dimethyl ether market rose first and then declined. The average price of domestic dimethyl ether (Henan) market was 3176.67 yuan/ton on August 9, and 3040 yuan/ton on August 16. Within a week, the price of dimethyl ether (Henan) fell by 4.3%, 33.98% compared with the same period last year. This week the propane market continued to rise. At the beginning of the week, the average propane market price was 3602.5 yuan/ton, and at the end of the week, it was 3702.5 yuan/ton. Within the week, it rose by 2.78%, and the price fell by 22.8% compared with the same period last year. Saudi Amy Corp. announced in August that the price of propane was narrowly lowered and the price of butane was narrowly increased. Propane was 370 US dollars/ton, down 5 US dollars/ton from last month; butane was 360 US dollars/ton, up 5 US dollars/ton from last month. The cost of long cargo propane is about 3056 yuan per ton on shore and 2980 yuan per ton on butane. At present, it is in the off-season of consumption. The market demand is slow and the consumption rate is declining. The downstream is mostly replenished on demand, and the enthusiasm for entering the market is not high. The liquefied petroleum gas market fell first and then rose this week. Affected by typhoon weather at the beginning of the week, there was rainfall in Shandong, which affected the production and loading and unloading of manufacturers. In addition, the transportation of high-speed dangerous chemicals was limited, the trading atmosphere was cold and the price trend was weak. Later by the international crude oil boom to bring good market, prices generally increased, trading atmosphere improved significantly, smooth shipment.

Azodicarbonamide (AC foaming Agent)

Industry: According to the price monitoring of business associations, there are six kinds of commodities rising in the energy sector in the commodity price rise-fall list in the 32nd week of 2019 (8.12-8.16). Among them, there are one commodity with an increase of more than 5%, which accounts for 6.3% of the monitored commodities in the sector. The first three commodities with a rise are coke (6.29%), gasoline (2.26%) and methanol (1.92%). There are nine kinds of commodities that have declined annually. The first three products are dimethyl ether (-4.60%), liquefied natural gas (-3.53%) and power coal (-1.20%). This week’s average rise and fall was 0.14%.

3. Future Market Forecast

Liquefied petroleum gas analysts of business associations believe that the current trend of international crude oil is uncertain, and news support is limited in the face of the market. But the traditional peak season of “Gold, Nine Silvers and Ten Decades” is coming, and the market demand is increasing. Expect late or upstream shocks.

Melamine