According to the data of business agency, the overall price trend of lithium carbonate began to increase slightly on November 12, with an increase range of 500-4000 yuan / ton. On November 12, the average price of industrial lithium carbonate in East China was 39900 yuan / ton, which was 1.01% higher than that of the early Zhou Dynasty (on November 9, the average price of industrial lithium carbonate in East China was 39500 yuan / ton). On November 12, the average price of battery grade lithium carbonate in East China was 44500 yuan / ton, which was 0.68% higher than that of the early week (on November 9, the average price of battery grade lithium carbonate in East China was 44200 yuan / ton).

According to the observation of market changes, the price of lithium carbonate is on the upward trend today, and the price of industrial lithium carbonate and battery grade lithium carbonate have been increased by different ranges. In recent years, lithium carbonate price has been in a relatively rising range. With the increasing tightening of shipment, the price is also rising. The supply and demand structure is expected to improve with the continuous development of lithium industry.

In recent days, the trend of lithium battery concept stocks is strong. With the gradual recovery of new energy vehicle sales, the trend of lithium battery market is also positive. Driven by favorable factors such as policy and market, the power battery industry ushered in the development opportunity period. This also drives the demand for lithium carbonate to rise, and the increase of production cost makes the price rising. On December 12, the comprehensive quotation price of industrial lithium carbonate market was 36000-43000 yuan / ton, and the comprehensive price of battery grade lithium carbonate market was near 42000-46000 yuan / ton.

According to the price monitoring of business society, there are 23 commodities rising on the list of commodity prices on November 11, 2020, of which more than 5% of the commodities increased by 2, accounting for 2.2% of the monitored commodities in the market; the commodities with the top 3 increase are bisphenol A (7.64%), phenol (5.31%), butadiene (3.73%). There are 5 commodities falling on the same month, the first three products are baking soda (-3.05%), liquid ammonia (-1.63%), light soda (-0.89%).

Analysts of lithium carbonate in business agency believe that the price of lithium carbonate market is rising continuously and the market delivery is tight. Driven by the increase of demand and cost, it is expected that the lithium carbonate market will still be in a positive situation in the short term.

According to the monitoring data of the business agency, as of November 12, the ex factory price of domestic industrial grade propylene glycol was 10666 yuan / ton. Compared with November 8, the average price was increased by 1566 yuan / ton, or 17.22%; compared with November 2, the average price was increased by 1333 yuan / ton, or 14.29%.

Raw material callback gives cost support, foreign trade orders increase, propylene glycol expands

This week, the overall domestic industrial grade propylene glycol market has been rising steadily, and the raw material propylene oxide has gradually risen after stopping the decline, which provides the cost support for propylene glycol. On the first two days of the week, the ex factory price of propylene glycol increased rationally, with the range of 200-600 yuan / ton. Starting from Thursday (November 12), the domestic propylene glycol market experienced a wide range of pull up, with a reference to the rising range of 500-1500 yuan / ton, driven by the continued warming of raw materials and the increasing demand from foreign trade export orders. At present, as of November 12, the ex factory price of domestic industrial grade propylene glycol is 10666 yuan / ton. Compared with November 8, the average price of domestic industrial propylene glycol has increased by 1566 yuan / ton, or 17.22%; compared with November 1, the average price has increased by 1333 yuan / ton, or 14.29%.

On the upstream side, the propylene oxide market trend continued to reverse this week. Some factories in some regions continued to raise the price of propylene oxide by 300 yuan / ton. It was heard that the new orders in the market were well transacted and the supply pressure was small. It is expected that the market will continue to rise in the short term. As of November 12, the mainstream quotation of propylene oxide market was around 15000-15800 yuan / ton, according to the data of the business club’s bulk list.

Low inventory propylene glycol short-term high operation

At present, the overall inventory of domestic industrial grade propylene glycol is low, and the sales pressure is small. It is heard that some factories may be closed in the near future. Therefore, the propylene glycol Data Engineer of the business society believes that the propylene glycol market will be high and strong in the short term.

According to the monitoring of the bulk data of the business agency, due to the poor downstream demand, the ethyl acetate Market is in a weak decline. As of November 12, the average price of enterprises in East China was about 6552 yuan / ton, down 0.83% compared with the beginning of the week and 13.41% higher than the same period of last month.

Recently, the domestic ethyl acetate Market is weak and downward, but the price of ethyl acetate is still at a high level. The production enterprises of ethyl acetate have stable start-up and sufficient market supply. Affected by the weakening downstream demand, the enterprise’s shipping pressure is low, and the inventory is passively accumulated. The market price of ethyl acetate continues to decline, and the market is short-sighted. At present, East China is about 6500 yuan / ton, North China is about 6400 yuan / ton, and South China is about 6750 yuan / ton.

In terms of raw materials, the acetic acid market has a strong rise, with dual support from export domestic demand, low inventory of enterprises, and high price operation of raw materials, and tight market supply, multiple favorable factors support the firm upward trend of acetic acid price. The high level of ethanol market has declined, and the raw material corn has fallen slightly. It is difficult to purchase raw materials in Northeast China. Enterprises order delivery. The demand of liquor and chemical industry in the downstream is limited. At present, ethanol in East China is about 6775 yuan / ton.

The international market price of ethyl acetate fluctuated and adjusted. At present, the port price of European market is about 1300-1400 euro / ton, and that of North American market is about 690 US dollars / ton.

According to the analysts of ethyl acetate of business club, at present, the domestic ethyl acetate Market is running in a weak position. With the weakening of raw material ethanol and insufficient cost support, especially in the case of downstream market demand, the market bearish atmosphere is obvious, and it is expected that the price of ethyl acetate will be weak in a short period of time.

1、 Price trend

According to the price monitoring of the business agency, on November 12, the average price of salicylic acid (industrial grade) mainstream manufacturers was 13833.33 yuan / ton, up 2.47% compared with the beginning of the month, 2.53% higher than the beginning of the month, and 9.78% lower than that at the beginning of the year.

2、 Market analysis

In November, the salicylic acid market continued to warm, with the price rising by 2.47%. Enterprises generally adjusted about 300-500 yuan / ton, and some enterprises kept their prices stable and waited for the market. The rise was mainly due to the demand expectations to boost market sentiment, as well as strong support from the cost side, and the salicylic acid market was stronger. As of November 12, the quotations of salicylic acid industrial enterprises are mostly in the range of 10000-15000 yuan / ton, the quotations of pharmaceutical grade are mostly in the range of 23000-25500 yuan / ton, and the quotations of sublimation level are mostly in the range of 15000-20000 yuan / ton. The actual transaction is mainly through negotiation, and the quantity is preferred.

At present, the domestic and foreign trade demand of salicylic acid is in good performance. The operating rate of domestic downstream factories is increasing, and the demand is increasing. At the same time, the demand of overseas consumption places is recovering steadily. The export orders of domestic salicylic acid enterprises are increasing. The business attitude is optimistic. The manufacturers are operating at a high level, and the supply is in short supply. The price support mood is high and the offer is firm. As of the beginning of the month, phenol rose by 50.39 yuan compared with the market at the beginning of April, which was also a strong driving force for the price of phenol. Overall, the supply and demand side is good, the trend of salicylic acid is strong, and there are further expectations of rising.

The raw material phenol factory has been increased by 250-350 yuan / ton, and the main domestic factory offer is 5900-6000 yuan / ton. In the morning, the market offer remained flat with the factory, and then the downstream inquiry increased and the negotiation went up further, and the offer gradually exceeded 6000 yuan / ton. As of the end of the 11th, the mainstream offer for petrochemical plants across the country was 5900-6000 yuan / ton. Among them, the offer of East China market is 6050 yuan / ton, that of Shandong and surrounding areas of Yanshan is 5900-6000 yuan / ton, and that of South China is 6100 yuan / ton.

3、 Future forecast

Salicylic acid analysts of the business agency believe that: at present, the domestic and foreign trade demand for salicylic acid is good, the orders of salicylic acid enterprises are increasing, the business attitude is optimistic, the manufacturers start high, the supply exceeds demand, the price sentiment is high, and the offer is firm. In the short term, the market is strong.

1、 Price trend

According to the monitoring of commodity data, the price of Yunnan Guizhou yellow phosphorus rose in the first ten days of November. On November 1, the average price of yellow phosphorus was 16250 yuan / ton, and the average price at the end of the month was 16350 yuan / ton. The price rose by 0.62% within the month.

2、 Market analysis

In the first ten days of November, the price of domestic yellow phosphorus market was stable and rising. At present, the overall trend of the domestic yellow phosphorus market is relatively stable, manufacturers mainly issue early orders, and the yellow phosphorus market spot is slightly tense. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is about 16500 yuan / ton; the mainstream quotation in Guizhou is relatively stable at around 16200 yuan / ton; the mainstream quotation in Sichuan is about 16500 yuan / ton. Due to the rising cost, the yellow phosphorus enterprises intend to raise the price, but the downstream acceptance is not high.

In terms of raw materials, according to the monitoring of bulk commodity data, as of November 10, Guizhou Province: 30% grade phosphate ore truck plate quotation reference 300-360 yuan / ton, 28% grade phosphate ore truck plate quotation reference 280-320 yuan / ton, of which Guizhou Fuquan Huifa 28% grade phosphate rock goods factory quotation reference 300 yuan / ton, 20 yuan / ton higher than the beginning of the month, 30% grade phosphate rock freight factory quoted 340 yuan / ton, up from the beginning of the month 20 yuan / ton. Guangxi region: 30% grade phosphate ore truck plate quotation reference 300-360 yuan / ton, 28% grade phosphate ore plate quotation reference 280-320 yuan / ton, Guangxi songgan 28% grade phosphate rock freight plant quotation reference 300 yuan / ton, 20 yuan / ton higher than the beginning of the month, 30% grade phosphate rock freight factory quoted 340 yuan / ton, 20 yuan / ton higher than the beginning of the month.

In terms of coke, as of the 11th, the mainstream price of Panzhihua coke (secondary metallurgical coke) was 2330 yuan / ton, temporarily stable compared with the previous trading day and 200 yuan / ton higher than the same period last month. On the whole, coke prices are relatively strong. Following the seventh round of increase of 50 yuan / ton by coke enterprises in Hebei, Shanxi, Jiangsu and other major production areas, Shandong announced that since 0:00 on November 11, the ex factory price of metallurgical coke of coke production enterprises in Weifang, Binzhou, Dezhou, Jining, Zaozhuang, Heze, Rizhao, Tai’an, etc. has increased by 50 yuan / ton. At present, the downstream steel mills have not responded to this question The final landing depends on the Acceptance Intention of downstream steel mills.

In terms of demand, the domestic phosphoric acid market is stable and small, with sporadic and small increases. After being strongly supported by the cost side in the early stage, the business offers continued to rise, and the trading center shifted upward. Taking Hubei Xingfa group as an example, it is now up to 4900 yuan / ton, a slight increase of 100 yuan. Other regions still have bullish expectations, and the market center of gravity begins to move up. At present, the spot price of raw material yellow phosphorus market is slightly tense, and the manufacturers intend to support the price. However, the downstream demand is not followed up enough, the transaction enthusiasm is not high, and most manufacturers are in a wait-and-see state. In the short term, the market of phosphoric acid is slightly deadlocked. At present, the quotations of mainstream manufacturers refer to 4700-5600 yuan / ton, slightly rising.

3、 Future forecast

The yellow phosphorus analyst of the chemical branch of the business society believes that the price of yellow phosphorus has risen steadily in the first ten days of November. Raw material phosphate rock rose slightly, and the production cost of yellow phosphorus enterprises increased. In autumn and winter, due to the environmental protection requirements of atmospheric monitoring, some yellow phosphorus enterprises in some areas have reduced production, shut down furnace and suspended receiving orders. Make yellow phosphorus spot tight, yellow phosphorus is expected to remain bullish in the short term, but the increase is limited.

Recently, the domestic BDO market has continued to rise. According to the sample data monitored by the business agency, since the National Day holiday, the BDO market price has gone up step by step. On October 9, the average price of domestic BDO producers was 8800 yuan / ton. As of November 11, the average price of domestic BDO producers was 12000 yuan / ton, with a 36.36% increase in the weekly price, a 35.44% rise in price on a month-on-month basis, and a 26.05% increase year-on-year. The continuous rise of BDO price is the only long-term sharp rise in the long-term downturn of BDO market in recent two years.

Some enterprises announced the settlement price in October and the listing price in November:

Settlement in October (bulk water delivery) listing in November (bulk water delivery)

Xinjiang Meike Chemical Co., Ltd. $9500 / ton East China, 9650 yuan / ton South China East China 10800-11500 yuan / ton, South China 11000-11600 yuan / ton

Xinjiang Lanshan Tunhe Chemical Co., Ltd. East China 9500 yuan / ton, South China 9600 yuan / ton, East China 11000 yuan / ton, South China 11200 yuan / ton

The main reason for the sharp rise of BDO market is that due to the impact of domestic BDO device shutdown or maintenance, the spot supply continues to be tight; while the downstream industries start relatively high, and the demand for contract procurement external inventory replenishment is in short supply. The supply of goods in the hands of manufacturers is in short supply, and some manufacturers arrange orders for delivery within 15-20 days. At present, most manufacturers are basically out of stock, and the offer continues to rise.

In terms of the plant, Shaanxi Ronghe will restart on November 12; Dongyuan will be overhauled on October 30, which is expected to restart on November 20; Hecheng coal will be overhauled around 15 days, with an estimated 20 days.

At present, the spot supply is still tight, and some manufacturers have disclosed that the transaction price is about 13000 yuan / ton. BDO analysts predict that the domestic BDO market will remain high in the short term.

Trade name: nitrile rubber

Latest price (November 11): 19233.33 yuan / ton

Key points of analysis: according to the monitoring of the business agency, the price of NBR in China on the 11th was 19233.33 yuan / ton, up 0.70% compared with the previous day. On the one hand, the prices of butadiene and acrylonitrile continued to remain high, with strong support from the cost side. According to the business community, as of November 11, the price of butadiene was 9528 yuan / ton. The ex factory price of acrylonitrile and Secco in Shanghai was 9500 yuan / ton; on the other hand, the supply of nitrile rubber was relatively tight, and the ex factory price of manufacturers went up. On November 11, the ex factory prices of acrylonitrile rubber in Lanhua, Ningbo shunze and Sinopec Xibu were increased by 100-300 yuan / T, and the market was on the rise as a whole. According to the business agency, Zhenjiang Nandi nitrile rubber package was put in maintenance for about 15 days on October 25. Overall, the cost side and supply side of NBR form a strong support.

Aftermarket forecast: the cost side is high, the demand side is stable, and the market price of nitrile rubber is expected to remain high in the short term.

In recent years, the domestic aggregated MDI market has continued to rise. According to the sample data monitored by the business agency, the current domestic market price of aggregated MDI is 23000 yuan / ton, with a month on month increase of 27.42% and a year-on-year increase of 84.37%. The main manufacturers announced the latest guidance price, traders mainly wait-and-see attitude, the quotation has no obvious change. At present, the negotiated price of Wanhua goods in North China is about 22000-23000 yuan / ton, and that of Shanghai goods is about 20500-21500 yuan / ton. The negotiated price of Wanhua goods in East China is about 22000-23000 yuan / ton, while that of Shanghai is about 21000-21500 yuan / ton. The negotiated price of Wanhua goods in South China is about 22000-23000 yuan / ton, while that of Shanghai is about 21000 yuan / ton.

Summary of domestic aggregated MDI traders Market:

Enterprise model price

Linyi Santong Chemical Co., Ltd. Wanhua material: 23000 yuan / T

Linyi Santong Chemical Co., Ltd. Shanghai Material: 21500 yuan / T

Nanjing Tanqing Trading Co., Ltd. various models: 22000 yuan / ton

Guangzhou Boshun Chemical Co., Ltd. Wanhua material: 23000 yuan / ton

Guangzhou Boshun Chemical Co., Ltd. Shanghai Material: 21000 yuan / ton

Shandong Bosu New Material Co., Ltd. Wanhua material: 23000 yuan / ton

Shandong Bosu New Material Co., Ltd. Shanghai Material: 21500 yuan / ton

In the future, traders are cautious in quoting and have heard about the low price. At present, there is resistance to high prices in the downstream. Analysts of business community aggregate MDI expect that the short-term domestic aggregate MDI market is mainly volatile.

1、 Trend analysis

On November 11, the spot copper price was 51965 yuan / ton, down 0.46% from the previous day, 5.98% higher than the beginning of the year, and 10.13% higher than the same period last year. Shanghai copper main shock operation after the opening, closed at 51930 yuan, down 0.40%. Luntong copper’s 3-month contract rebounded after a small low opening, closing at $6952, down 0.14%.

In terms of supply, the copper concentrate market remains tight. However, the import volume of copper from June to September was amazing, with the average monthly import of refined copper reaching more than 500000 tons. According to the import volume of non forged copper and copper materials in October, the import volume of refined copper in October was about 400000 tons. With a large number of imports, refined copper is gradually becoming abundant. In terms of demand, domestic terminal consumption shows differentiation, and the demand for cables is not good, while the growth of automobile and household appliances is driven by growth. In the next two months, we will focus on the power data. Spot market, traders cautious mood, downstream just need to purchase, the overall transaction is general.

In view of the above situation, there is a possibility of demand acceleration at the end of the year for power grid investment, automobile production and sales have been increasing for seven consecutive months, copper processing fee TC remains low, copper price has support at the bottom, and space below is limited.

At the beginning of November, the price of nitrile rubber increased significantly. According to the monitoring of business agency, the price of nitrile rubber was 18200 yuan / ton on November 1 and 19100 yuan / ton on November 6. The price of nitrile rubber increased by 4.95% in just six days.

First of all, at the beginning of the month, the ex factory price of NBR manufacturers increased significantly. In just six days, the ex factory prices of some manufacturers increased twice, driving up the market sentiment. According to the monitoring of business agency, the listing price of NBR in Lanzhou Petrochemical Company was increased by 700 yuan / ton on November 2: at present, n41e reported 16500 yuan / ton, 3305e reported 17100 yuan / ton, 3308e reported 17700 yuan / ton; Ningbo shunze nitrile rubber ex factory price increased by 400 yuan / ton, the current nitrile 28 series reported 17800 yuan / ton, 3355 / 3365 / 3345 price was 18000 yuan / ton, 3380 yuan / ton.

On November 5, the listed price of NBR in Lanzhou Petrochemical Company was increased by 500 yuan / ton: at present, n41e was quoted at 17000 yuan / ton, 3305e was at 17600 yuan / ton, 3308e was at 18200 yuan / ton; the ex factory price of Ningbo shunze nitrile rubber was increased by 300 yuan / ton, and the current nitrile 3355 factory was 18300 yuan / ton.

Secondly, the price of raw materials remains high, and the cost side is still strongly supported. According to the monitoring of the business agency, as of November 6, the butadiene price was 9142 yuan / ton; as of November 6, the ex factory price of acrylonitrile Shanghai Secco was 9200 yuan / ton. The prices of raw materials are in the high stage.

Finally, the epidemic situation in foreign countries is becoming more and more serious, and the demand gap of medical nitrile latex gloves is huge, which leads to the high demand of nitrile rubber latex and the difficulty to find bulk goods in the market, which forms a strong support for the whole nitrile market.

Aftermarket forecast: NBR analysts believe that the high price of raw materials, coupled with strong downstream demand, NBR prices will continue to remain high in the short term.