According to the monitoring data of the business agency, as of July 15, the average ex factory price of n-butanol in Shandong Province was 14733 yuan / ton, which was 767 yuan / ton lower than that on July 11, with a 4.95% drop in four days; Compared with the price on July 1, the average price increased by 100 yuan / ton, or 0.68% in half a month.

In early July, the domestic n-butanol market continued to rise. By the 9th, the average ex factory price of n-butanol in Shandong had risen to 15533 yuan / ton. Compared with the average market price in early July, it had risen 900 yuan / ton, with an overall increase of 6.15% in early July.

N-butanol market fell 4.95% for four consecutive days

After two days of high market consolidation, most downstream users resisted the current high raw material prices. Due to the high cost pressure of downstream products, the unit was reduced to low load operation, and the mainstream downstream factories mainly digested raw material inventory. The atmosphere of new orders in n-butanol market continued to weaken, and the transaction situation was general. Starting from July 12, n-butanol factories in Shandong began to reduce the ex factory price of n-butanol. By July 15, the market price of n-butanol had dropped for four consecutive days, with a 4.95% decline.

Upstream, entering July, propylene oxide continued the rising trend in late June and rose slowly. Since the 5th, propylene oxide manufacturers have no pressure, downstream polyether orders have increased steadily, and prices have risen. The middle and lower reaches just need to follow up steadily, and the market has no pressure to push up. At present, the market supply is tight, the downstream follow-up performance is positive, and the market continues to rise. As of July 14, the reference price of propylene oxide was 16433.33 yuan / ton, up 10.29% compared with July 1 (14900.00 yuan / ton).

Future market analysis of n-butanol

After four consecutive days of decline in the market price of n-butanol in Shandong, I heard that the situation of taking goods from the downstream has improved, the transaction atmosphere has slightly improved, the inventory position of some factories has declined, and the supply side pressure has reduced, which has a certain support for the future market of n-butanol. Therefore, n-butanol analysts of the business community believe that in the short term, The n-butanol market in Shandong may rebound slightly.

According to the data monitored by the business agency, as of July 14, the average price of domestic power grade lithium iron phosphate was 51000.00 yuan / ton. In the near future, the market is mainly stable, with a slight rise. The price of lithium iron phosphate is arranged in a narrow range, with little fluctuation. The downstream just needs to purchase, and the negotiation atmosphere is calm.

The market of LiFePO4 is mainly stable, with stable price trend and balanced supply and demand. The upstream lithium carbonate is running smoothly and the rising trend slows down. The main contract customers are the main suppliers, and the number of new customers is limited. At present, the mainstream quotation range of LiFePO4 power type is 49000-53000 yuan / ton, and the quotation range of energy storage type LiFePO4 is 44000-48000 yuan / ton, The price range of upstream battery grade lithium carbonate is 87000-91000 yuan / ton, and the price range of industrial grade lithium carbonate is 80000-85000 yuan / ton. The upstream lithium carbonate mainly runs smoothly and the trend is relatively stable.

On July 14, the chemical industry index was 1078 points, up 2 points from yesterday, down 0.55% from 1084 points (2021-05-13), the highest point in the cycle, and up 80.27% from 598 points, the lowest point on April 8, 2020（ Note: period refers to the period from December 1, 2011 to now

Business community LiFePO4 analysts believe that: in the short term, LiFePO4 runs smoothly with limited fluctuation range（ If you want to get more information about goods and master the price of goods, you can subscribe to the business community through the official account of the business community.

Acetic anhydride prices plummeted

According to the data monitoring of the business agency, the cost of raw materials fell and the price of acetic anhydride fell sharply in July. As of July 12, the price of acetic anhydride was 11300.00 yuan / ton, down 7.12% compared with the price of 12166.67 yuan / ton on July 1.

Raw material cost decrease

From the trend chart of acetic acid price, the acetic acid price fell sharply in July, down 13%, the cost of acetic anhydride decreased, and the driving force of acetic anhydride rise weakened and the pressure of decline increased.

From the trend chart of methanol price, methanol price fell slightly in July, the cost of acetic anhydride decreased, the pressure of acetic anhydride decline increased, and the price of acetic anhydride in the future declined.

Market overview and future market forecast

Bai Jiaxin, an analyst with acetic anhydride data from the business agency, said that in July, the price of acetic acid fell, methanol price fell, the overall cost of acetic anhydride decreased, and the pressure on the decline of acetic anhydride price increased. In the later market, the starting rate of acetic acid enterprises increased, the supply of acetic acid was sufficient, the market price was expected to fall after acetic acid, the pressure on the decline of the cost of acetic anhydride increased, and the market of acetic anhydride in the later market was expected to decline.

According to the business news agency, the domestic polysilicon market fell slightly this week. As of July 9, the weekly price of polysilicon dropped by 0.74%, and the current price range is 105000-130000 yuan / ton.

This week, most polysilicon manufacturers are running stably. At the end of June, a production plant in Xinjiang resumed work, and the supply pressure was slightly relieved. At the end of this week, a plant in Inner Mongolia also resumed work. At present, only one plant in Xinjiang is still in the maintenance period, which is expected to last until August. The later supply of silicon materials will remain stable, which helps to relieve the pressure on the downstream purchasing end.

From the perspective of downstream silicon chips, due to the sharp rise of silicon chips in the early stage and the further decline of downstream battery operation rate, the silicon chip shipment is not smooth. This week, the downward pressure on silicon chips is obvious, especially the price of polycrystalline silicon chips has decreased greatly. As for the monocrystalline silicon wafer, after the announcement of price reduction in central last week, other silicon wafer manufacturers followed up one after another and mainly delivered at a reduced price. This is mainly due to the obvious wait-and-see attitude of terminal battery enterprises when purchasing silicon wafers, and the overall market volume is gradually declining, which forces the price of silicon wafers down.

In terms of terminal batteries and components, due to the high price of raw materials, the downstream profits are meager, the purchasing volume of batteries and components is declining, the operating rate of battery manufacturers is also significantly declining, and the price of battery chips continues to decline. This week, the price falls below the level of 1 yuan, which leads to a worse market outlook and a vicious circle. The purchase of some large component manufacturers has been suspended, and the purchase speed of small and medium component manufacturers has also slowed down. At present, there are only a few transactions in the price of battery chips, and the market generally expects a lower price.

According to the business association, at present, the silicon material manufacturers are returning to work one after another, and the supply pressure is obviously alleviated. With the decrease of downstream purchasing intention, the trading volume also shows a downward trend. We can’t rule out the possibility of higher inventory of silicon material manufacturers in the later stage. The shortage of supply may turn into abundant supply. It is expected that the market will still have room for further decline.

1、 Price trend

According to the data of the business club’s block list, the weakness of aniline Market weakened this week. On July 2, the price in Shandong was 10200-10300 yuan / ton; The price of aniline was 10300-10500 yuan / ton in Nanjing, and 10000-10200 yuan / ton in Shandong on July 9; The price of aniline in Nanjing was 10200-10400 yuan / ton, with an average price of 2.58% lower than last week, 27.43% higher than the beginning of the year, and 137.8% higher than the same period last year.

2、 Analysis and comment

In terms of cost and international aspect, the international oil price continued to decline this week, while the price of pure benzene in Asia fell. Domestic, this week, East China port inventory continued to decline, pure benzene spot market remains tight supply. Sinopec’s listed price of pure benzene was stable at 8750 yuan / ton within the week, providing certain support to the market. In terms of demand, most of the downstream products are at a loss, and they have strong resistance to high price pure benzene, and the enterprises generally ship. On Sunday (July 11), the price of pure benzene was 8400-8750 yuan / ton (average price was 8630 yuan / ton), and the average price fell 140 yuan / ton or 1.6% compared with last week; Compared with the same period last year, it increased by 173.97%.

The price of nitric acid rose this week. On Friday (July 9), the production price of nitric acid in East China was 2400 yuan / ton, up 2.13% from last week and 65.52% from the same period last year.

This week, the price of aniline went down. Jinling aniline plant is restarted and will be delivered soon; Wanhua chemical’s new aniline plant entered the market, the later supply is expected to increase significantly, and the market is bearish in the later stage. The downstream MDI market rebounded slightly, but the starting load decreased, the demand for aniline was weak, and the support was insufficient.

3、 Future expectation

In terms of cost, the short-term supply will continue to be tight, but the downstream market is difficult to break through in the short term. It is expected that the pure benzene market will be frozen next week.

Aniline market supply is expected to increase significantly in the later period, but it is difficult for downstream demand to make a big breakthrough in the short term. It is expected that the aniline Market is deadlocked and may go down. Continue to pay attention to the trend of raw material, the follow-up of downstream demand and the dynamic of aniline plant.

1、 Price trend:

According to the data of business club’s block list, PA6′s domestic market in early July showed a positive trend, with spot prices generally rising. As of July 9, the mainstream offer price of the sample enterprises for CNMC 2.75-2.85 was about 15000 yuan / ton, with an increase of 2.97% compared with the average price at the beginning of the month and 23.29% compared with the same period last year.

2、 The influencing factors were analyzed

Upstream caprolactam, the current market to undertake the end of June supply side favorable pattern, the current supply is still relatively tight. The operating rate of domestic caprolactam production enterprises remains at about 60%, and the recent overhaul, production recovery and transformation of the unit are still in progress. In terms of raw material pure benzene, domestic inventory decreased rapidly after short supply at the end of the month. In addition, the improvement of automobile transportation in Shandong is limited, and the supply is also tight. Although the recent rise narrowed or even callback, the spot price is still strong on the whole. Multiple supply side bullish, caprolactam price trend is expected to be strong in the short term.

At present, the overall operating rate of domestic PA6 polymerization plant is about 60%, and the supply side is good for conventional spinning and chip products. Among them, nylon filament load 80% is relatively high, and the benefit is not obvious. The raw material caprolactam was stronger at the beginning of the month, the cost support of PA6 was strengthened, and the price rose with the upstream. However, the acceptance of high price goods in the downstream is poor, and the market trading is still dominated by contracts. Terminal factory purchase operation is cautious, just need to replenish with take.

3、 Future forecast:

Analysts of business news agency think: in early July, upstream caprolactam of PA6 continued to strengthen, while PA6 was supported by cost side, its operating rate continued to decline, which was affected by the positive supply side. However, the purchasing of downstream enterprises has cooled down, the high price of goods on the floor is not smooth, and there is a strong wait-and-see mentality on the floor. PA6 spot price is expected to narrow in the short term.

Last night, oil prices fell the biggest since the end of May, with Brent prices falling directly from a high of 77.84 to a low of 74.13, and a huge fluctuation of $3.7 in the day, which made the market feel chilly. The failure of opec+ conference and the divergence of oil producing countries’ production have led to uncertainty of the oil market prospects and market worries. The crude oil market appeared “emergency brake”, which affected the main PTA contract fell, down 5.02%, closing at 5108 yuan / ton. Spot market followed the decline. According to the price monitoring of business agency, the average domestic PTA spot price as of July 7 was 5140 yuan / ton, down 4.25% compared with the previous trading day, up 41.95% year on year.

In fact, since the late June, the domestic PTA price has increased significantly. As of July 6, the average price of domestic PTA spot market was 5368 yuan / ton, up 12.99% compared with June 21, and 47.12% year-on-year. PTA futures also continued to rise, with prices hitting the 5500 yuan mark, a record since october2019. Opening on July 6, the market rose directly to 4%. As of the closing, the main futures contract of 09 was up 2.75% at 5378 yuan / ton. In the background of strong crude oil, in addition to cost promotion, PTA provides a good support for the basic aspect of the recent phase of reservoir removal. Yisheng Dalian plant stopped for 2 weeks, and the overall starting load of PTA plant in China dropped to 76% by a large margin. At the same time, downstream enterprises have to increase spot purchase after the contract goods are reduced.

Analysts from business society believe that although the crude oil end has fallen, PTA remains in more equipment to be serviced in July, and it is expected to focus on maintenance or cause stage supply tension. The terminal order is expected to rise to a small extent, and the production and marketing ideal form a certain positive. It is expected that PTA price will be mainly fluctuating in the short term, and the crude oil and its new capacity will still be concerned.

1、 Polyoxymethylene market price trend chart

Price curve of paraformaldehyde

According to the monitoring of the business agency, the average price of paraformaldehyde this week is 5700 yuan / ton, and the quotation is temporarily stable.

2、 Market analysis

On July 1, Shandong formaldehyde Chemical Industry Co., Ltd., with an annual output of 30000 tons of polyoxymethylene, offered 5700 yuan / ton of Polyoxymethylene (96) including tax, which was the same as last time. Linyi Shengyang Chemical Co., Ltd., with an annual output of 9000 tons of polyoxymethylene, Polyoxymethylene (96) ex factory price including tax 5400-5500 yuan / ton, the price is the same as last time. Zibo Qixing Chemical Technology Co., Ltd., with an annual output of 10000 tons of polyoxymethylene, Polyoxymethylene (96) ex factory price including tax 6000 yuan / ton, the price is the same as last time. In summer, the market demand of polyoxymethylene turns weak, and the manufacturers are weak and stable.

According to the monitoring of business news agency, the average price of domestic methanol production enterprises in Shandong was 2530 yuan / ton at the beginning of this week, while the average price of domestic methanol production enterprises in Shandong was 2555 yuan / ton at the end of this week, up 0.99%.

3、 Future forecast

Polyoxymethylene market demand in general, business community polyoxymethylene analysts expect, polyoxymethylene up weak.

1、 Price trend

According to the data of business news agency’s block list, the price of aniline was stable after rising this week. On June 25, the price in Shandong was 10000-10500 yuan / ton; The price of aniline was 10000-10300 yuan / ton in Nanjing, and 10200-10300 yuan / ton in Shandong on July 2; The price of aniline in Nanjing is 10300-10500 yuan / ton, with an average price increase of 0.65% over last week, 30.8% over the beginning of the year, and 144.09% over the same period last year.

2、 Analysis and comment

In terms of cost, short positions were replenished at the end of the month, and the inventory of pure benzene enterprises decreased rapidly; East China main port inventory continued to decline; Due to the limited automobile transportation in Shandong, it is difficult to arbitrage at low prices, and the spot supply in the market is tight, so the price continues to rise. In addition, crude oil, the external market continued to rise, external news support is good, pure benzene trend is strong. This week, Sinopec’s pure benzene listing price was raised twice, a total of 600 yuan / ton to 8750 yuan / ton. On July 4, the price of pure benzene was 8653-8800 yuan / ton (the average price was 8770 yuan / ton), which was 650 yuan / ton or 8% higher than that of last week; 181.09% higher than the same period last year

The price of nitric acid rose during the week. On Friday (July 2), the production price of nitric acid in East China was 2350 yuan / ton, up 1.44% over last week and 62.07% over the same period last year.

Pure benzene continued to rise, aniline cost pressure increased; In the downstream, rigid demand is maintained, some devices are shut down, and the overall demand is weakened. However, the main aniline enterprises are still in maintenance, some enterprises maintain load reduction operation, the supply on site is tight, aniline rose first and then froze in the week.

3、 Future expectation

In terms of cost, crude oil and external market prices are high and strong, with good support for pure benzene. The main port inventory in East China is still low in the short term, and some domestic devices are overhauled. It is expected that the short-term spot supply will remain tight. Sinopec has a high price and strong market support at the bottom. But most of the downstream is in a state of loss, and the follow-up of pure benzene is general, limiting the rise of pure benzene. Overall, it is expected that the price of pure benzene will remain at a high level next week, and it may fall later.

There are many aniline units in load reduction operation or shutdown maintenance, which support the price of aniline. However, the demand for aniline decreased due to the shutdown of some downstream plants. It is expected that aniline will be in a stalemate next week, and the price of aniline will fall with the restart of the main plant in the later stage. Continue to pay attention to the trend of raw material, the follow-up of downstream demand and the dynamic of aniline plant.

Boric acid prices continued to rise this week. On June 28, boric acid prices were 4800-5000 yuan / ton (average price was 4990 yuan / ton), and on July 2, boric acid prices were 4800-6000 yuan / ton (average price was 5260 yuan / ton), with an average price increase of 270 yuan / ton or 5.41% compared with last week.

Boric acid prices still rose strongly at the beginning of this month. The recent rise of boric acid price is mainly due to the impact of foreign epidemic, limited production capacity, coupled with the international shipping tension, the freight rate also rises. In particular, some enterprises of imported boric acid products have raised their prices three times in a month. In the short term, the price of boron products mainly made of boehmite imported from Turkey is bullish.

Downstream related products of glass in the experience before the price rise, mainly consolidation, slightly up finishing.

According to the data monitoring of the business association, the boric acid prices of some enterprises in the near future (for reference only, the actual transaction prices of different brands, different specifications and products are mainly negotiated)

Boric acid analysts of business news agency believe that during the recent fluctuation period of boric acid price, due to the rising prices of imported raw materials from abroad, international shipping tension and other reasons, it is expected that the boric acid market will fluctuate at a high level in the short term, but it is also concerned that the demand for domestic downstream products is not particularly strong. The possibility of consolidation in the short term is high. More attention should be paid to market information guidance.