1、 Price trend

According to the monitoring of bulk commodity data, since August, the domestic isopropanol price has declined as a whole, with the average price of domestic isopropanol of 9425 yuan / ton on the first day and 7233.33 yuan / ton on the 13th, with the price falling by 23.25%.

2、 Market analysis

In August, the price of isopropanol in China continued to fall. In the international market, isopropanol continued to fall in the US market, while the European market closed stable. With the gradual improvement of the international situation, the overseas demand for disinfectants has decreased, the demand for isopropanol has decreased, and the overseas orders have been reduced, and the price has declined. Domestic market center of gravity moves down synchronously, inquiry is more, wait-and-see, take goods very carefully. Up to now, the negotiation range of isopropanol in Shandong Province is about 6700-7300 yuan / ton, and that of Jiangsu Province is 7300-7400 yuan / ton. The negotiation range of isopropanol in South China is around 7400 yuan / ton.

Chart: comparison chart of acetone and isopropanol price trend from July to August

In terms of raw material acetone, the domestic market price of acetone continued to be depressed. In terms of ports, about 10000 tons of goods were supplied from Saudi Arabia in late August. Domestic factories started to operate at a high level, and the supply side was sufficient. The cargo holders showed a slight pressure. Up to now, the market reference offer in East China is about 5400-5450 yuan / ton. The lower price of acetone leads to weak cost support of isopropanol, unstable market mentality and obvious price decline.

In the aspect of raw material propylene, the market price of propylene in Shandong Province is generally stable. The mainstream price is about 7000 yuan / ton. Propylene manufacturers stable shipment, low inventory. At present, propylene isopropanol is not affected by raw materials.

3、 Future forecast

Isopropanol analysts of chemical branch of business society believe: the market price of raw material acetone continues to be low, and the market price of propylene is generally stable. Overall, isopropanol cost support is weak. On the demand side, the export advantage weakened and the favorable foreign trade slowed down. 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、 Melamine price trend

(Figure: P value curve of melamine product)

2、 Market analysis

On August 12, the melamine market was stable. According to the monitoring sample data of business agency, as of August 12, the average price quoted by melamine enterprises was 5366.67 yuan / ton, which was flat compared with the previous trading day, and increased by 5.92% compared with July 12 (5066.67 yuan / ton). At present, the enterprises mainly implement the early orders, and there is no pressure to carry out the goods. The overall supply of the market is sufficient, and the downstream just needs to purchase. The market atmosphere is general.

On August 11, the melamine commodity index was 57.71, up 0.36 points compared with yesterday, 42.29% lower than 100.00 points (2011-09-18), and 5.93% higher than 54.48 points, the lowest point on July 26, 2020. (Note: period refers to 2011-09-01 to now)

According to the data monitoring of the business agency, melamine prices in some regions (for reference only, the actual transaction price is mainly through negotiation): the price of melamine in some areas is higher than that in other regions

Regional price date remarks

Shandong region 5500 yuan / T, ex factory quotation on August 22

Price of 4900 yuan / ton in Xinjiang on August 22

Sichuan Province ￥ 5300 / T, ex factory quotation on August 22

Henan Province ￥ 5300 / T, ex factory quotation on August 22

Upstream urea, recent (8.1-8.12) Shandong urea market rose. The upstream liquid ammonia has dropped slightly recently, and the cost support is general. Affected by the printing mark, the downstream demand is strong. The rubber plate factory and the compound fertilizer plant follow up appropriately, and the middlemen take delivery carefully.

3、 Future forecast

Melamine analysts in the business agency believe that the recent rise in the price of raw material urea, the cost side has a certain support, the overall market supply is sufficient, but the demand side performance is general, it is expected that in the short term, the melamine market will be mainly stable.

According to the monitoring data of business agency, as of August 12, the average price of silicone DMC market quotation in the mainstream areas of data monitoring was 16666.67 yuan / ton, which was increased by 66.67 yuan / ton or 0.40% compared with August 1.

In the first ten days of August, the market of silicone DMC was stable as a whole

In August, the overall market of silicone DMC in China was stable, and the quotations of some factories were adjusted in a narrow range. At present, the operating rate of the plants was on the high side. During the exhibition, the manufacturers had a strong sense of price support, and some manufacturers still had unfinished orders in the early stage. Therefore, the current sales pressure was small and the quotation was firm. However, the number of new orders received by most manufacturers was significantly reduced Lack of confidence, the market as a whole trading atmosphere is general, just need procurement is OK. On August 12, organosilicon DMC rose slightly. Some low-end quotation enterprises raised the quotation of silicone DMC by about 100 yuan / ton. At present, the mainstream quotation of silicone DMC is in the range of 16200-17000 yuan / ton.

According to the business agency, the following is the DMC price and the start-up situation of some domestic silicone enterprises (for reference only)

Remarks on the total capacity, price and operation of the plant

Zhejiang Xin’an Chemical Co., Ltd. runs 340000 T / a 17000 yuan / T unit smoothly, and purified water is delivered to

Tangshan Sanyou Chemical Co., Ltd., 200000 tons / year — normal operation of the plant

Zhejiang Zhongtian 120000 T / a 16800 yuan / T unit operates smoothly with tax included in purified water

150000t / a 16500 yuan / T plant in Jinling, Shandong

Luxi Chemical Co., Ltd., 80000 tons / year, 16200 yuan / ton, normal operation of the plant, and cash delivery of purified water

Inner Mongolia hengyecheng 240000 / T 17000 yuan / T unit normal operation, purified water tax included

On the upstream side, since August, the overall metal silicon market has been stable and slightly rising. On August 11, the reference price of silicon metal was 11166.67, up 1.59% compared with August 1 (10991.67). The price of ᦇ 441 silicon in Sichuan is stable, and the current price range is 10900-11100 yuan / ton, with an average price of 11000 yuan / ton; the price of ා 441 silicon in Shanghai is stable, with the current price range of 11700-11900 yuan / ton, with an average price of 11800 yuan / ton; the price of silicon market in Fujian Province has risen by 100 yuan / ton, with the current price range of 10700-10800 yuan / ton and the average market price of 10750 yuan / ton/ Tons.

Short term adjustment of silicone DMC due to insufficient demand

At present, the silicone DMC downstream replenishment is slow, and the new unit turnover is small, which is difficult to give strong upward momentum to silicone DMC. However, the current growth trend of downstream silicone rubber is relatively optimistic, or it can drive a small increase in silicone DMC. However, the actual downstream manufacturers are more cautious about the stock ratio of silicone DMC, and the shortage of demand can be really alleviated. The price can only be explored in a small range, which can not be ruled out Some manufacturers should pay more attention to the relationship between supply and demand as well as the start-up situation of the unit.

1、 Trend analysis

According to the nickel price monitoring of the business agency, on the 12th, the spot nickel price was 111216.67 yuan / ton, down 1.97% from the previous trading day, 9.46% year-on-year and 2.21% lower than the beginning of the year. LME copper’s 3-month contract rose 1.07% to close at $6304 at the end of Asian trading. Shanghai nickel’s main market opened at 112270 yuan. After a small increase, the price rebounded and closed at 112300 yuan, up 0.15%. LME3 nickel closed at US $14155, up 1.22%.

2、 Market analysis

Standard & Poor’s, an international agency, raised the global nickel supply surplus to 11000 tons in 2020. Previously, domestic stainless steel prices rose sharply to drive some nickel demand, but in the short term, the overall supply of global nickel market is still surplus, and there is still pressure above the nickel price. In terms of demand, the actual terminal demand has not increased significantly, and the number of transactions has not changed significantly. Recently, due to the impact of imported cases from the Philippines, the quarantine of major ports has been strengthened. Lianyungang port, as the largest port for handling nickel ore, has been affected seriously. At present, the shipping date has not been affected, but the unloading and picking up cycle has become longer. If the epidemic continues, the quarantine will be strict and the duration will be longer, and the transportation vessels will be tense, and the shipping schedule may be delayed.

3、 Future prospects

Post market forecast: the nickel ore industry has pressure on the port, which supports the nickel price. However, the global overall supply is surplus, the actual demand of downstream has not increased significantly, and it is in the off-season of consumption. It is expected that the nickel price will fluctuate widely in the near future.

1、 Price trend

According to the business agency monitoring, the price of steam coal is lower. On August 11, the average port price of steam coal remained at 560 yuan / ton, while on August 1, the average price of steam coal was 573 yuan / ton, a slight decrease of 2.23%, and a decrease of 4.6% compared with last year.

The commodity index of steam coal on August 10 was 67.71, down 0.45 points compared with yesterday, 34.27% lower than 103.01 points (2011-11-15), and 51.48% higher than 44.70 points, the lowest point on January 20, 2016. (Note: period refers to 2011-09-01 to now).

2、 Analysis of influencing factors

In terms of origin, the coal mine shipment in Shaanxi Province has been up and down, high-quality coal has been shipped faster, coal prices have been slightly increased, some coal blending varieties are unsalable, there are overstocked manufacturers, and the price is weak and low; the steam coal market in Shanxi and Inner Mongolia is mainly stable, some coal pipe tickets are used up at the end of the month, and the supply and demand of most of the coal mines are basically balanced. The coal market in northern Shanxi is stable in supply, normal in shipment, fair in local sales and stable in coal price.

In terms of downstream power plants: in recent days, the rainfall in southern China has decreased, the temperature has increased, and the power plant’s demand for steam coal has increased. However, due to the high inventory of power plants, the power coal is mainly purchased on demand at this stage. At present, the mainstream closing price of 5500 kcal steam coal is about 555-560 yuan / ton, and the closing price of 5000 kilocalories is about 502-507 yuan / ton. According to the data, as of August 4, the coal consumption of key power plants was 4.43 million tons, an increase of 830000 tons compared with the beginning of last month, and an increase of 410000 tons compared with the same period last year; the daily coal consumption of zheneng Electric Power Co., Ltd., one of the six coastal power plants, was 129000 tons on August 10, an increase of 6000 tons compared with 123000 tons at the beginning of last month, and a decrease of 3000 tons compared with the same period last year.

Business agency analysts believe that: in recent days, the weather in southern China has decreased, the temperature has increased, and the power plant’s demand for steam coal has increased. Due to the high inventory of the power plant, at this stage, the steam coal is mainly purchased on demand, and some terminals are mainly to go to the warehouse, so the purchasing pace is slowing down. In the process of downstream destocking, it is difficult for coal prices to have a good support. In the later stage, it is still necessary to wait and see the situation of a new round of replenishment in the market. It is comprehensively predicted that the short-term steam coal prices will still be dominated by the whole operation within the range, which depends on the downstream market demand.

1、 Price data:

According to the data monitoring of the bulk list of business associations, affected by the decline in supply, the price of bromine in Shandong continued to rise. As of August 11, the average price of bromine in Shandong was about 27666 yuan / ton, up 2.05% compared with the beginning of the month, and fell by 6.44% compared with the same period last year.

2、 Cause analysis

Products: at present, the domestic bromine market is affected by the rainy season and enterprise maintenance, the spot supply of the market is tight, the downstream flame retardant and intermediate market is mainly on demand, the bromine enterprises have little inventory pressure, and the enterprises have good intention to pull up. At present, the mainstream bromine enterprises offer about 27500-28000 yuan / ton.

Industry chain: sulfur market is high and firm, exploratory inquiry increases, some enterprises and traders are reluctant to sell goods, at present, about 690 yuan / ton; sulfuric acid market is stable, spot supply of the market is slightly decreased, and enterprise shipment situation is fair, about 427 yuan / ton; caustic soda Market is weak, the market starts smoothly, and the downstream market demand is flat, at present, about 475 yuan / ton. The main downstream flame retardant market purchase of bromine is still mainly based on rigid demand, and the market start-up is flat, and the industries such as pharmaceutical and pesticide intermediates are generally started, and the demand side does not support the price of bromine.

3、 Future forecast

Analysts of bromine industry of business society believe that at present, the overall supply and demand of bromine market is in a tight balance state, enterprises’ inventory pressure is not big, and the price intention is good. However, in the long run, the demand in the downstream market is still weak, and there is insufficient support for bromine price. It is expected that the bromine price will rise steadily in a short time.

According to the monitoring of business agency, the average price of coking coal in North China on August 11 was about 1353.33 yuan / ton, down 0.25% from July 1 and 15.33% from last year. The price of coking coal is mainly weak and stable.

The commodity index of coking coal on August 10 was 99.88, unchanged with yesterday, down 17.81% from 121.53 (March 12, 2019), and 122.40% higher than the lowest point of 44.91 on January 28, 2016. (Note: period refers to 2012-09-01 to now)

According to the business agency, the production of coking coal plant is normal, the start-up load is general, the downstream wait-and-see mood is relatively strong, the enterprise shipment is slow, the enterprise inventory is high, the overall coking coal price is mainly weak and stable, and the coking coal price still has a downward trend under pressure.

Demand: the coke market is running stably for a while, with a positive market mentality. The overall shipment situation of coking enterprises is good, the inventory of coke enterprises is low, and the market atmosphere is good. Recently, the profits of coking enterprises are good, and the environmental protection policies are relatively improved compared with the previous period. The coking enterprises have a high enthusiasm for starting work, the operating rate has been improved, the coke supply is stable, the coking enterprises are actively shipping, the downstream steel mills are starting higher, the coke inventory is higher, the demand for coke carbon is better, and the market is generally optimistic about the future market. In recent years, the port has high enthusiasm. The mainstream quotation of quasi grade I metallurgical coke is 1870-1900 yuan / ton, and the transaction price is about 1870 yuan / ton. Shandong Port coke spot operation is stronger, trade price temporarily stable, port inquiry pallet increase, no transaction. In terms of inventory, there are 230000 tons in Tianjin port this week, about 10000 tons lower than last week, and 980000 tons in Rizhao port this week, down 35000 tons compared with last week.

According to the coking coal analysts of the business society, the current coke price is mainly weak and stable temporarily, and the coking coal price is mostly purchased on demand. The downstream coke steel game continues to be white hot, and the coking coal inventory is still large. Under the general purchasing rhythm of the downstream coke enterprises for coking coal, the coking coal inventory is still high. The comprehensive forecast of short-term coking coal price or weak operation depends on the downstream market demand.

1、 Acrylic acid price trend

Figure: P value curve of acrylic acid products

2、 Market analysis

In the first ten days of August, the market of acrylic acid was stable. As of August 10, the average quotation price of acrylic acid in East China was 7083.33 yuan / ton, which was flat compared with August 1. Taking three months as a cycle, the price dropped by 4.28% year on year.

At present, the raw material propylene price is high, the cost pressure is rising, the downstream maintains the rigid demand purchase, the market atmosphere is light, the inquiry and the transaction are limited. The commodity index of acrylic acid on August 10 was 35.52, which was the same as yesterday, decreased by 64.48% from the highest point of 100.00 in the cycle (2011-09-01), and increased by 44.57% from the lowest point of 24.57 on November 26, 2015. (Note: period refers to 2011-09-01 to now)

According to the data monitoring of the business agency, the price of acrylic acid of some enterprises in recent years (for reference only, the actual transaction price is mainly negotiated)

Enterprise market price specification date

Jinan Mingwei Chemical Co., Ltd. 6800 yuan / T, line standard: common acid; grade: superior product: August 10, 2020

Aite (Shandong) new materials Co., Ltd. $6600 / T, industry standard: Pu acid; grade: superior product: August 10, 2020

Jinan Yuanxiang Chemical Co., Ltd. 6500 yuan / T, line standard: ordinary acid; grade: superior product: August 10, 2020

Jinan planhua Chemical Co., Ltd. 6600 yuan / T, line standard: ordinary acid; grade: superior product: August 10, 2020

Jinan aochen Chemical Co., Ltd. 7200 yuan / T, line standard: ordinary acid; grade: superior product: August 10, 2020

Jinan aochen Chemical Co., Ltd. 9800 yuan / ton of refined acid; content: 99.7%; 2020-08-10

Upstream propylene, as of August 10, the market price of propylene in Shandong still rose. According to the price chart of the business agency, the recent price of propylene fluctuates periodically, with a relatively stable price range. On August 10, the market turnover reached 7000-7250 yuan / ton, and the mainstream price was about 7000 yuan / ton. At present, the inventory of propylene manufacturers is not under pressure, the crude oil price is small and downward, and the downstream polypropylene futures market is ordinary, but the profit margin of propylene oxide and other industries is rising, and the overall market procurement is picking up, and the market is good. At present, the propylene market price has broken through the upper limit of the range, but due to the strong downstream support, it is expected that the propylene price may still have an upward probability.

3、 Future forecast

Acrylic acid analysts of the business community believe that the current market price of raw material propylene is high, the cost is under pressure, downstream demand procurement, inquiry and transaction are light, and it is expected that the acrylic acid market will be stable in the short term.

The upstream fluorite and hydrofluoric acid prices were stable, but the prices of aluminum fluoride remained stable. According to business agency data, the domestic price of aluminum fluoride on August 7 was 8833 yuan / ton, which was flat compared with the beginning of the month.

Recently, some fluorite manufacturers have reported that their goods are in poor condition, the downstream demand has not improved, and the fluorite price has dropped slightly. At the same time, the market price of hydrofluoric acid in the downstream has declined recently, and the downstream terminal is mainly purchased on demand, and the purchasing sentiment is not strong. Impact on the downstream aluminum fluoride Market and weaken the cost support.

At present, most enterprises are facing losses. Some factories are operating at a low load. The prices of aluminum fluoride Market remain stable as a whole. Some manufacturers have slightly reduced the ex factory prices of aluminum fluoride.

Analysts of aluminum fluoride industry of chemical branch of business society believe that: the price of upstream fluorite field is loose, aluminum fluoride manufacturers have a downward trend, and the price of aluminum fluoride is expected to fall steadily.

1、 Price trend:

According to the business club’s big list data, the domestic PA6 market continued to be weak in the first ten days of August, and most brand spot prices were reduced. As of August 10, the mainstream offer price of 2.75-2.85 from traders was about 10833.33 yuan / ton, a decrease of 0.91% compared with the average price at the beginning of the month.

2、 Analysis of influencing factors:

The price of caprolactam in the upstream of PA6 fell sharply in the first ten days of August. As of August 7, the average ex factory price was 9416 yuan / ton, down 1.22%. Raw material pure benzene by multiple positive boost, recent prices continue to rise. But pure benzene port inventory goes up, restricting the market to pick up. Caprolactam analysts believe that although the price of raw material pure benzene rose, but downstream demand performance is still weak, caprolactam market is not optimistic. It is expected that the price of caprolactam will be weak and stable in the short term.

PA6 continued the negative trend of July low in early August. The upstream caprolactam fell and the cost support weakened. PA6 consumption weakened, overall lack of good news to boost, price shocks fell. In terms of business operation, they prefer stable price delivery. Downstream factories follow up generally and have a heavy wait-and-see attitude. Their operation mainly focuses on low-cost replenishment and instant use, and their strategy tends to small-scale procurement.

3、 Future forecast:

Business agency analysts believe that: in early August, domestic PA6 market narrowly fell, and spot prices of various brands were adjusted. The upstream caprolactam had a significant downward trend, and the support for the cost side of PA6 was weakened. The demand of downstream factories is weak, just need to buy mainly, PA6 trading volume and consumption is weak, business mentality is not strong, there is profit reduction operation. It is expected that PA6 market will continue the weak trend in the near future.