1、 Price trend

According to the data from the business club’s bulk list, the domestic propylene (Shandong) market price fell in two stages in the past ten days, with a high price of 7492 yuan / ton on October 17; it began to stabilize on October 20, and began to decline again on October 23; the low price on October 26, 7142 yuan / ton, decreased by 4.67% on October 10.

2、 Analysis and comment

According to the price chart of the business agency, since October 1, the price of propylene has remained stable on the whole, with some enterprises’ prices rising and falling slightly this week. On Friday, only a few enterprises’ prices fell slightly. Most enterprises continued to hold steady, but fell about 200 yuan / ton from 17 to 19, a small range from 20 to 23, and an obvious downward trend appeared again at the weekend (October 24 and 25), and 200 yuan / ton on the 26th At present, the market turnover is between 7075 and 7300 yuan / ton, and the mainstream price is about 7100 yuan / ton. Now the pressure of shipment is increasing.

On October 23, crude oil prices fell slightly, with limited impact on propylene.

In recent ten days, the spot price of PP remained stable and had no effect on propylene.

In recent ten days, the acrylic acid market declined slightly, with a decline of 0.31% on the 10th, which had little impact on propylene.

In recent ten days, the market of propylene oxide almost remained stable. Today, it dropped sharply, with a daily drop of 2.99%, which had a negative impact on propylene.

In recent ten days, epichlorohydrin price rose in stages, with a 10 day increase of 1.49%, which had a slightly positive impact on propylene.

In recent ten days, the domestic price of n-butanol dropped slightly after rising, with a 10-day increase of 1.02% and a 10-day amplitude of 1.53%.

In recent ten days, octanol market declined by 0.44%, which had little impact on propylene.

In recent ten days, the isopropanol market declined steadily, with a decline of 6.27%, which had a negative impact on propylene.

The fluctuation of phenol in East China remained stable for 10 days, with a slight impact on the amplitude of 10.1%.

The price of acetone in East China stabilized after falling in the past ten days, with a decrease of 9.67%, which had a certain suppression effect on propylene.

3、 Future forecast

The propylene analysts of the chemical branch of the business society believe that: on the whole, the inventory of propylene manufacturers is increasing, the crude oil price is fluctuating, the propylene price goes down at the weekend, the downstream operating rate and profit margin are OK, but the supply of goods is sufficient, and the price is mostly downward, so it is expected that the propylene price will continue to decline slightly in the near future.

According to the monitoring of business agency, the price of activated carbon is 10866 yuan / ton at the beginning of this week, and 10866 yuan / ton at the end of this week, which is stable.

The price of activated carbon in China is stable. At present, the ex factory price of activated carbon for water purification of coconut shell in East China is about 7000-12000 yuan / T; the domestic activated carbon market is mostly based on orders, and the quotation is stable.

The cost pressure of coconut shell, fruit shell and charcoal as the main raw materials in the upstream of activated carbon was supported, and the demand turned better; the cost support of coal based carbon raw materials was weak. The downstream power, medicine and other demand industries purchase goods according to the order. The purchase market of activated carbon for air purification and water purification is favorable, and the environmental protection policy boosts the activated carbon market.

Forecast: the overall lack of good support for activated carbon, the market is generally not fast, it is expected that the activated carbon market will be mainly shock finishing in the short term.

1、 Price trend

Taking rutile titanium dioxide produced by sulfuric acid process, which has a large volume of domestic market as an example, the price of titanium dioxide is stable this week, with an average price of 14500 yuan / ton.

2、 Market analysis

This week, titanium dioxide price high operation, new single price high. At present, the domestic ex factory price of rutile titanium dioxide is 14000-15000 yuan / ton, and that of anatase titanium dioxide is 11800-12500 yuan / ton. At present, the export of enterprises has increased, and the export market has maintained a good growth. Domestic spot is very tense, and the holding companies are reluctant to sell, and the new single price is gradually rising.

In terms of raw materials, this week, Panzhihua titanium ore quotation was raised, and the price quotation of titanium ore was firm and upward. At present, the quotation of 38 titanium ore without tax is 1200-1250 yuan / ton, that of 46 and 10 titanium ore is 1800-1850 yuan / ton, and that of 20 ore is 1550 yuan / ton. This week, Panzhihua miners are more reluctant to sell. The downstream titanium dioxide is tight and the price is high. The spot titanium ore in the trading market is tight. The cost of titanium concentrate is boosting, and the market atmosphere is more favorable. In the short term, titanium concentrate prices continue to run high. It is a single opinion. It forms a strong support for the downstream titanium dioxide market.

3、 Future forecast

Business Club titanium dioxide analysts believe: the current raw material titanium ore price is high, titanium dioxide cost support is strong. In terms of demand, the export of titanium dioxide kept a good growth, and the overall inventory of manufacturers was low. Domestic spot is very tight, new single prices remain high. It is expected that the spot market of titanium dioxide will continue to strengthen in the short term, and the actual transaction price will be discussed.

According to statistics, the price trend of domestic fluorite is temporarily stable. As of the end of the week, the average price of domestic fluorite was 2666.67 yuan / ton, which was the same as the price of 2666.67 yuan / ton at the beginning of the week, with a year-on-year decrease of 7.34%.

The price trend of domestic fluorite market is fluctuating. Recently, some manufacturers have reported that their goods are not in good condition, the downstream demand has not improved, and the fluorite price has not changed much. The operation of domestic fluorite manufacturers is stable, the operation of on-site mines and flotation devices is normal, the situation of fluorite in the yard is not good, and the fluorite market price remains stable temporarily. In the near future, the downstream hydrofluoric acid market price remained low, and the terminal downstream on-demand procurement was dominant, and the purchasing sentiment was not strong. As of the 23rd, the price of 97 fluorite wet powder in Inner Mongolia was 2400-2600 yuan / ton, the mainstream negotiation in Fujian was 2500-2700 yuan / ton, the price of 97 fluorite wet powder in Henan was 2600-2700 yuan / ton, and the price of 97 fluorite wet powder in Jiangxi Province was 2600-2700 yuan / ton, Recently, the domestic fluorite price remains stable.

The price trend of hydrofluoric acid in the downstream of fluorite decreased slightly. As of the 23rd, the domestic hydrofluoric acid market price was 8400 yuan / ton. This week, the hydrofluoric acid market price remained low. The low hydrofluoric acid market price had a negative impact on the upstream fluorite market, and the fluorite market price trend was temporarily stable. The market of refrigerants is still poor, the demand continues to be weak, and the market is hard to find. The overall refrigerant industry chain is going down. The prices of various types of refrigerants continue to stay low. The manufacturers are under pressure to ship, and the sales pressure is increasing. The raw material hydrofluoric acid remains weak and stable. The support force is general. The export volume of refrigerant is expected to decline. The output of downstream air conditioning is low, and the demand is scarce. The off-season effect of after-sales market continues , reduce the price of goods to seek good. On the whole, the refrigerant market is hard to find good factors, the price continues to be low or will become normal, and the transaction center of gravity begins to move down. At present, the load of refrigerant R22 manufacturers is not high, the inventory is in a reasonable range, and the market price is falling. However, the downstream receiving capacity is limited, and there is a lot of wait-and-see mood. The actual transaction center of gravity is shifted downward. Some traders are looking for positive shipment, and the quotation is slightly lower than the manufacturer’s ex factory price. There is a phenomenon of cost inversion. The mainstream of on-site negotiation is 12500-15500 yuan / ton. The market of R134a in China has dropped, the automobile market industry has been in a downturn, the demand is weak, the market trading center has shifted downward, and the transaction atmosphere is light. There is sufficient supply of goods in the market, and there are new production capacity entering the market in the future market. The competition is fierce. The supply side gradually forms a negative situation. The price keeps falling. The downstream demand is not improved. The price of fluorite remains low.

On the whole, the market situation of downstream refrigerants is not good. In addition, hydrofluoric acid merchants have reported that hydrofluoric acid delivery is poor, and the downstream hydrofluoric acid market is in a serious deficit state. Chen Ling, an analyst at the business agency, believes that the fluorite market price may remain low in the short term.

According to the monitoring of the business agency, the price trend of domestic anhydrous hydrofluoric acid was slightly lower this week. As of the end of the week, the market price of hydrofluoric acid was 8400 yuan / ton, down 0.12% compared with 8410 yuan / ton at the beginning of the week, and 13.22% lower than that at the beginning of the week.

In recent years, the domestic hydrofluoric acid price trend has remained low. Up to now, the mainstream price of hydrofluoric acid in various regions of China is 7700-8200 yuan / ton. The domestic hydrofluoric acid trading market is weak. The negative factors for the low price of hydrofluoric acid include the following aspects:

First, the market price of hydrofluoric acid raw material fluorite remained low. As of the end of the week, the domestic fluorite price was 2666.67 yuan / ton. Recently, the domestic spot supply of fluorite was sufficient, and the on-site shipment was not positive, and the price of fluorite remained low. By the end of the weekend, the mainstream of domestic fluorite negotiation was RMB 2550-2700 / T. the decline of fluorite price was a negative effect on hydrofluoric acid market, and the domestic hydrofluoric acid market price fluctuated at a low level.

Second: the market trend of domestic refrigerants has declined this week. In recent years, the sales market of automobile industry is not good. The demand for refrigerants is still weak, and the market is hard to find. The overall market of refrigerants is going down. The prices of various types of refrigerants continue to be low. Manufacturers are under pressure to ship, and the sales pressure is increasing. The raw material hydrofluoric acid maintains a weak stability, and the supporting force is general. The refrigerant exports The volume is expected to decline, the downstream air conditioning output is low, the demand is scarce, the off-season effect of the after-sales market continues, and the price reduction shipment is looking for good. On the whole, the refrigerant market is hard to find good factors, the price continues to be low or will become normal, and the transaction center of gravity begins to move down. At present, the load of refrigerant R22 manufacturers is not high, the inventory is in a reasonable range, and the market price is falling. However, the downstream receiving capacity is limited, and there is a lot of wait-and-see mood. The actual transaction center of gravity is shifted downward. Some traders are looking for positive shipment, and the quotation is slightly lower than the manufacturer’s ex factory price. There is a phenomenon of cost inversion. The mainstream of on-site negotiation is 12500-15500 yuan / ton. The market of R134a in China has dropped, the automobile market industry has been in a downturn, the demand is weak, the market trading center has shifted downward, and the transaction atmosphere is light. With sufficient supply of goods in the market and the impact of new production capacity entering the market, the competition is fierce, the supply side gradually forms a negative situation, the price continues to fall, the downstream demand is not improved, and the price trend of hydrofluoric acid market slightly declines.

Third, the domestic hydrofluoric acid spot supply is sufficient, the hydrofluoric acid on-site devices operate stably, and the hydrofluoric acid market price remains low. So far, the mainstream hydrofluoric acid negotiation in the southern region is 7700-8200 yuan / ton, and the hydrofluoric acid price in the northern market is 7700-8500 yuan / ton. Recently, the price trend of domestic hydrofluoric acid market is temporarily stable. Some manufacturers report that hydrofluoric acid exists in the cracks, and most of them have serious losses and the stock market is not good.

On the whole, affected by various negative factors, the domestic hydrofluoric acid market price remains low. In addition, the downstream refrigerant industry demand has not improved significantly. The upstream fluorite price remains low, and the downstream refrigerant product price drops slightly. Chen Ling, an analyst of hydrofluoric acid in the business agency, believes that the market price of hydrofluoric acid may remain low.

According to the price monitoring of the business agency, the domestic spandex market is still rising this week, but it is slightly moderate. As of October 23, the average price of spandex 40d specification is 35400 yuan / ton, up 0.85% compared with the beginning of the week, and 11.46% higher than that at the beginning of the week. Some spandex manufacturers offer to rise around 1000 yuan / ton, start to maintain at a high level of 80%, but supply is still tight. The upstream raw material market maintains a high level, the cost side is favorable, and the support continues. Downstream terminals follow up on demand, and the overall market atmosphere is getting stronger.

Mainstream price statistics of spandex market this week (unit: yuan / ton)

20D 30D 40D

Zhejiang 37000-39000 36000-38000 30000-32000

Shandong 37500-40000 36500-39000 31000-33000

Fujian 37500-40000 36500-39000 31000-33000

Jiangsu 37000-39000 36000-38000 30000-32000

Price statistics of domestic pure MDI market this week (unit: yuan / ton)

Regional up and down from October 16 to October 23

South China 28000-29500 34000-35000 5500-6000

North China 28000-29500 34000-35000 5500-6000

East China 27500-29500 34000-35000 5500-6500

Due to the shortage of raw materials in the pure MDI market, as well as the fact that most of the domestic devices were repaired in the second half of the month, the price of pure MDI market continued to rise. As of October 23, the market quotation was 34000-35000 yuan / ton, which was 5500-6500 yuan / ton higher than that at the beginning of the week. The industry started 5.60% of the total, with a slight decline. The spot supply continued to be in short supply. The sellers were reluctant to sell at low prices, and the offer remained high and stable. The price of PTMEG market continued to rise, with the mainstream quotation of 1800 molecular weight goods source ranging from 15000-15500 yuan / ton, and the actual negotiation price was 14200-15400 yuan / ton, which was about 500 yuan / ton higher than that at the beginning of the week. In terms of devices, 75% of the plants have been started in the industry, and most of them are stable. Among them, the 40000 ton units in Yizheng Dalian are still in shutdown.

The purchasing atmosphere of downstream terminal customers is good, and the factory hand over the early orders. The start-up of Xiaoshao area in Zhejiang Province is normal, and the level of round knitting machine and wrapping yarn market is maintained at 70-80%; in Wujiang area of Jiangsu Province, the starting level of wrapping yarn market is maintained at 70-80%; the overall market operation in Fujian is stable, with lace at 40% and warp knitting at 60-70%; the enterprises in Guangdong Province have slightly improved, and the market of wrapping, warp knitting and circular knitting machines is maintained at 60-80%.

Business analysts believe that in the near future, in preparation for the “double 11″ and the increase in fabric demand in autumn and winter, the transfer of orders in India, the expectation of extremely cold weather, and the increase of orders in spring and summer of 2021, the overall textile market has opened a round of price rising tide and rush wave. For spandex, manufacturers supply tension has not yet eased, there is no lack of intention to continue to explore the rise, but the rise is slightly cautious. The cost support still exists, and the follow-up of the terminal market is somewhat slow. Overall, the spandex market is likely to remain up.

The commodity index of hydrogenated benzene on October 22 was 37.11, up 1.1 point compared with yesterday, 63.62% lower than 102.01 point (2014-01-09), 23.74% higher than 29.99 point on April 07, 2020. (Note: the period refers to December 1, 2013 to now).

Price rise and fall of domestic main hydrobenzene markets from October 19 to 23 (unit: yuan / ton)

Regional prices rose and fell on the 19th and 23rd

East China 3500-3600 3600-3650 + 75

3150-3200 3500-3600 + 375 in Shandong

This week (October 19-23), the market price of hydrobenzene in Shandong Province rose, at 3175 yuan / ton at the beginning of the week and 3550 yuan / ton at the end of the week, up 375 yuan / ton.

Summary of price adjustment of pure benzene in Sinopec (East China) in October 2020 (unit: yuan / ton)

Price adjustment amount after date adjustment

October 9 3300 – 150

October 14 3350 + 50

October 16 3400 + 50

October 20 3500 + 100

October 22 3600 + 100

In October 2020, the price of pure benzene of Yangzi Petrochemical (Sinopec East China) will be lowered once and increased four times. As of October 16, the price will be 3600 yuan / ton.

After the festival, the pure benzene market is in the rising channel driven by the downstream styrene and the rising external market. Sinopec’s listing was raised twice on the 20th and 22nd, totaling 200 yuan / ton, and now it is 3600 yuan / ton. The crude benzene market was boosted and trading was active. This week, the bidding price of the main production areas increased significantly. The price of crude benzene rose by about 230 yuan / ton. The pressure of hydrogenation benzene increased. The operating rate dropped by about 5% this week. Some enterprises in Shandong and Shanxi entered the maintenance season.

On the downstream side, the comprehensive operating rate of downstream enterprises declined slightly this week, with better profits and positive start-up.

In terms of aftermarket, the business agency believes that the current rebound in the pure benzene market is mostly due to styrene. The price of styrene is relatively high, and the future market is expected to be dominated by high consolidation. The pure benzene market will mainly maintain consolidation next week. It is expected that the high consolidation of the future hydrobenzene market will mainly focus on the downstream demand and the positive impact of pure benzene.

1、 Price trend of propylene oxide

(Figure: P value curve of propylene oxide product source: Commodity analysis system of Business Club)

2、 Market analysis

The propylene oxide Market is watching the game carefully this week. As of October 23, the average price quoted by propylene oxide enterprises was 18966.67 yuan / ton, which was flat compared with the beginning of the week, and increased by 6.95% compared with September 23. At present, the factory is slowly accumulating stocks, and the follow-up of new downstream orders is slow. With a strong wait-and-see attitude, Po devices have their own start-up and shutdown, and the market is in a long-term and short-term game. The mentality is slightly weak.

On October 23, the propylene oxide commodity index was 118.05, which was the same as yesterday, reaching a record high in the cycle, which was 183.09% higher than the lowest point of 41.70 on January 25, 2016. (Note: period refers to 2011-09-01 to now)

Upstream propylene, on October 22, the market price of propylene in Shandong continued to be stable. According to the price chart of the business agency, since October 1, the price of propylene has remained stable on the whole, with some enterprises’ prices rising and falling slightly this week. On Friday, only a few enterprises’ prices fell slightly. Most enterprises continued to keep stable. However, the prices fell in a wide range since the weekend, with a drop of about 200 yuan / ton on the 19th, and individual downward movements from the 20th to the 22nd, most of which remained unchanged. The transaction volume is now between 7100 and 7650 The mainstream price is about 7300 yuan / ton. Now the pressure of shipment is slightly increased compared with the previous period.

Downstream n-propanol: at present, the downstream procurement of n-propanol in China is normal, and the price fluctuation of n-propanol is limited under the support of raw materials. According to the price monitoring data of business agency, as of October 22, the reference average price of domestic n-propanol with packaging in mainstream areas was around 11433.33 yuan / T, which was 0.59% higher than that on October 1. At present, the market trading atmosphere of downstream propylene glycol is general, and the inventory pressure is gradually increasing According to the monitoring data of the business agency, as of October 22, the average ex factory price of domestic propylene glycol was 9333.33 yuan / ton, which was 1.82% higher than the price at the beginning of the month. For the downstream soft foam polyether, the pressure on the soft foam polyether market in Shandong was lowered on October 22, and the raw material propylene oxide was long-term game. The downstream market was waiting to fall, the actual transaction volume was reduced, and the factory shipment was under pressure Shipment.

3、 Future forecast

The propylene oxide analysts of the business club believe that at present, the main supply and demand sides play cautiously and the overall supply and demand are balanced. It is expected that in the short term, the propylene oxide market will be dominated by the high-level game, and the specific trend needs to pay more attention to the market information guidance.

1、 Domestic sodium pyrosulfite price trend chart

According to the monitoring of the business agency, the domestic sodium pyrosulfite price remained stable this week, with an average price of 1816.67 yuan / ton at the beginning of the week and 1816.67 yuan / ton at the weekend, with a range of 0.

2、 Market analysis

This week, the overall market of sodium pyrosulfite has been running smoothly. The market price range of industrial sodium pyrosulfite is 1700-1850 yuan / ton, and most of the prices are concentrated in 1700-1750 yuan / ton. The production of the enterprise is stable, and the inventory is maintained at about 30%. The enterprise mainly completes the orders of the old customers. The above prices are not related to the domestic manufacturers.

Since the beginning of October, the price of soda ash in the upstream of Jiaoya has increased by 3.67% and the price of sulfur has increased by 7.02%. Supported by the cost, the market price of sodium pyrosulfite has risen by 4.81% in the whole month. This week, the price of raw materials has remained high, and the market price of sodium pyrosulfite has remained stable.

3、 Future forecast

Business agency analysts believe that: cost and demand support, the domestic market price of sodium pyrosulfite will continue to run strong in the short term.

According to the monitoring data of business agency, as of October 23, the average price of silicone DMC market quotation in the mainstream areas of data monitoring was 19200 yuan / ton. Compared with October 16, the average price was increased by 870 yuan / ton, or 4.73%. Compared with October 1, the average price was increased by 1400 yuan / ton, or 7.87%.

This week, silicone DMC market continued to pull up, high-end offer broke through 19600 yuan / ton

Since the beginning of this week, the low-end offers of silicone DMC have been decreasing, and the offer prices are closing to the high-end ones. At the beginning of the week, the maximum increase of monomer plants reached 600 yuan / ton. On the 20th, Luxi Chemical DMC ex factory quotation referred to 18800 yuan / T, increased by 600 yuan / ton compared with the 18th. With the high-end finishing and operation of the market, the upstream and downstream industrial chain conduction is smooth, and the operators are full of confidence On the 23rd of this weekend, the number of closed orders increased. At the same time, all the major monomer factories opened the collective rising curtain again, with an increase range of 200-600 yuan / ton. The low-cost goods supply in the factory has been decreasing. At present, the mainstream reference quotation of silicone DMC in China is 19000-19400 yuan / ton, and the high-end offer is up to 19600 yuan / ton, according to the monitoring data of the business agency It shows that as of October 23, the average price of silicone DMC market quotation in the mainstream areas of data monitoring was 19200 yuan / ton, which was increased by 870 yuan / ton, or 4.73%, compared with October 16. Compared with October 1, the average price of silicone DMC increased by 1400 yuan / ton, or 7.87%.

On the downstream side, the downstream raw rubber silica gel market has a strong rise, and the high-end offer of raw rubber has risen to 21000 yuan / ton. Some manufacturers have maintenance plans in the short term. At present, there are many new orders for raw rubber, and the factory mainly processes the early orders. The overall trading atmosphere of the market is good. It is expected that the market will be stable in the short term.

Upstream and downstream support is expected to be the main trend of silicone DMC in the short term

At present, the downstream market of silicone DMC is gradually warming up, the downstream demand is steadily increasing, the sentiment of stocking and stocking is high, and the overall trend has been significantly improved. In addition, the upstream metal silicon is also high, which provides cost support. Under the two-way support of upstream and downstream, it is expected that the silicone DMC will remain strong in the short term, and the future market will pay more attention to the changes of raw materials and demand.