I. price trend

 

According to the data of the bulk list of business agencies, the market price of propylene fell in October. At the beginning of the month, the average price of the enterprise was 7488 yuan / ton, and at the end of the month, it was the monthly low price, 7261 yuan / ton, with a monthly decline of 3.04%. The high price of this month was 7566 yuan / ton on October 15 and 16, with a monthly amplitude of 4.02%.

 

II. Analysis and comment

 

Product: it is the National Day holiday at the beginning of October. Due to the impact of the policy of limiting production and operation, the price of propylene during the holiday has been generally stable, with occasional downward trend. After the end of the policy, most of the initial prices remained stable. On the 10th and 11th, the prices of the enterprises rose. On the 12th, the prices stabilized. On the 13th, 14th and 15th, they all rose slightly. On the 16th, they were stable. On the 17th, most of the enterprises began to decline. On the weekend, the decline was obvious. The price continued to rise on the 22nd, the 23rd, the 27th, the 30th, and the 100yuan/ At present, the market turnover is about 7150-7450 yuan / ton, and the mainstream price is 7200 yuan / ton. Now, the haze weather is getting worse, which has some adverse effects on the equipment and logistics transportation in the area.

 

Potassium monopersulfate

Industry chain: in the upstream, the explosion of Iranian oil tanker in the early October led to an obvious rise in international crude oil, which had a certain effect on propylene. However, in the later period, the crude oil market failed to maintain the upward trend, which was relatively low and weak support for propylene. Downstream, the end of the month PP market is not obvious, some negative impact on propylene.

 

In October, PP spot fell in shock, with a monthly decline of 3.57%, which had a negative impact on propylene market.

 

In October, the domestic acrylic acid market showed a ladder like downward trend, with a monthly decline of 7.14%, which had a negative impact on propylene.

 

Propylene oxide declined to its original position after rising in October, with a monthly decline of only 0.5% and an amplitude of 6.01%. In the future, it is mainly weak consolidation, with limited impact on propylene.

 

In October, epichlorohydrin continued its previous upward trend, with a monthly increase of 25.33%, which had a positive impact on propylene price.

 

N-butanol market gradually declined in October, down 6.70% month on month, which had a negative impact on propylene.

 

ferric sulfate (Poly ferric sulphate)

The price of octanol fell continuously in the first ten days of October, and began to stabilize in the last ten days, with a monthly decline of 7.21%, which may have a negative impact on propylene.

 

In October, isopropanol market has a strong wait-and-see atmosphere, and the buying is cautious, with a monthly decline of 16.39%, which has a suppressive effect on propylene.

 

In October, the domestic phenol market was stable and slightly recovered, with a monthly decline of 9.36%, which had a certain negative impact on propylene.

 

In October, the domestic acetone market also stabilized after a downward trend, picking up slightly, with a monthly drop of 14.88%, which had a certain negative impact on propylene.

 

III. future forecast

 

According to the propylene analyst of business and chemical branch, overall, propylene declined after two gains in October. The upstream crude oil market is relatively low; the downstream also has a certain negative impact, so it is expected that the propylene price in Shandong will still have a downward trend in the short term.

Azodicarbonamide (AC foaming Agent)

In October, the domestic caustic soda market performance was flat, and the market prices in the mainstream production areas were mostly in a narrow downward trend. At the end of the month, alumina was purchased for the last time before the limit of production in the heating season, and the purchase price dropped significantly.

 

In terms of manufacturers, after a wave of centralized procurement before the National Day holiday, most traders and downstream enterprises have relatively sufficient stock of goods at present, which can be seen from the centralized low-cost selling of flake alkali traders. In terms of manufacturers, the inventory pressure increases due to the weakening of shipment, among which the prices of North China liquid alkali and Northwest China flake alkali market have been in different degrees In the East China market, due to the equipment maintenance of some manufacturers and the relatively concentrated orders of normal equipment manufacturers, the market price continues to rise. As can be seen from the above, the performance of caustic soda manufacturers in the near future is not satisfactory.

 

EDTA

In terms of the downstream alumina, at present, many areas in North China, such as Luliang, Xiaoyi, and Shandong, require limited production in the heating season. According to the notice, the alumina roasting process is stopped by 50% of the production line during the heating season. It is forbidden to use the heavy-duty trucks (including gas) under the Fourth National Congress for material transportation. From the psychological point of view, it is no different from the biggest negative for the caustic soda market. Under the situation of demand reduction, the market price of caustic soda will be greatly reduced.

 

According to the situation of both sides of supply and demand, in the short term, domestic caustic soda market is dominated by negative market. In terms of liquid alkali, the procurement of alumina manufacturers will gradually reduce, while the inventory pressure of manufacturers will gradually increase, and the market price will decline to some extent. At the same time, the winter storage of alumina enterprises is imperative, which will start to form a certain boost to the flake alkali market, and at the same time, it will also form a certain boost to the liquid alkali market

EDTA 2Na

I. overall trend

 

In October, the trend of three major PE products in the domestic market showed a downward trend, and LLDPE, HDPE and LDPE in East China continued to decline this month. According to the monitoring of the business association, the end of LLDPE 7042 was reduced to about 7450 yuan / ton; the end of LDPE 2426h was reduced to about 8400 yuan / ton; the end of HDPE 5000S was reduced to about 8316.67 yuan / ton; the decline range was all in the range of 200-300 yuan / ton.

Benzalkonium chloride

 

II. Market analysis

 

October was the peak season of demand for agricultural film, but the focus of PE market continued to move down, and the downstream orders were not as good as previous years, and the price of raw materials was expected to be more bearish. This month’s linear futures fell in shock, although rebounded during the period, but the overall weakness, Limited good for the market. Petrochemical has repeatedly lowered the factory price, weakened the market cost support, and affected by environmental protection, the production of terminal enterprises is blocked. Most of the lower reaches are just in need of replenishment, and the enthusiasm for entering the market is not high. In the month, petrochemicals maintained a strong inventory control capacity, and the inventory was kept at a medium low level, but the good continued to be insufficient, which still could not save the declining situation. Most of the goods are shipped by the carrier, and the price continuously gives way to the profit.

 

Futures: on October 31, the opening price of main contracts of polyethylene futures l2001 was 7260, the highest price was 7335, the lowest price was 7255, the closing price was 7270, the former settlement price was 7285, the settlement price was 7295, down 15, down 0.07%, the volume was 388462, the position was 619888, and the daily increase was 4334. (quotation unit: yuan / ton)

 

Sodium Molybdate

In terms of downstream enterprises, in October, the downstream demand of the agricultural film market basically entered the peak season stage. In the peak season, many manufacturers have ordered a large number of goods in advance, with relatively stable supply and demand and high load operation of the device. At the end of October, the operating rate of agricultural film was about 58%. End of mulch film and garlic film. The overall economic situation is flat, the downstream operation wait-and-see mentality is obvious, and the procurement is just needed.

 

Import and export: about 1.3402 million tons of PE import in September 2019. Among them, the import volume of LLDPE is 40200 tons; the import volume of HDPE is 663400 tons; the import volume of LDPE is 276600 tons, and the total export volume of PE in September 2019 is 17200 tons.

 

III. future forecast

 

PE analysts of business club believe that the volatility of futures trend to some extent depresses the confidence of the industry, the traditional peak demand season did not meet expectations, the international crude oil fell, and the demand for agricultural film turned weak. At present, it is close to the end of the peak season, with limited market benefits, but at present, the petrochemical inventory has fallen down. In addition, due to the shutdown of some manufacturers’ devices, the market supply has decreased, which supports the market. It is expected that the PE market will decline slightly in November.

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