According to the bulk data monitoring of business society, the price trend of acetic acid rose slightly this week. On August 13, the price of acetic acid was 6083.33 yuan / ton, an increase of 0.27% compared with the quotation of 6066.67 yuan / ton on August 7, and a decrease of 1.67% compared with the beginning of the month. As of August 13, the market price of acetic acid in various regions in China rose and fell as follows:

region August 7th August 13th Price rise and fall

East China 5950-6600 yuan / ton 5950-6600 yuan / ton 0

South China 6000-6100 yuan / ton 5900-5950 yuan / ton – 150/-200

North China 5650-5900 yuan / ton 5650-6050 yuan / ton one hundred and fifty

Shandong region 5850-5900 yuan / ton 6000-6050 yuan / ton 150/250

Jiangsu region 6150-6250 yuan / ton 5950-6050 yuan / ton – two hundred

Zhejiang region 6250-6350 yuan / ton 6000-6100 yuan / ton – two hundred and fifty

Hebei region 5950 yuan / ton 6000-6050 yuan / ton 50/100

This week, the domestic acetic acid finishing operation, with different ups and downs in various regions. The prices in North China, Shandong and Hebei increased. The acetic acid enterprises had maintenance plans, the factory supply was tight, and the market price increased slightly; Affected by public health events in South China, Zhejiang and Jiangsu, logistics and transportation are blocked, market inventory is accumulated, downstream purchase enthusiasm is general, purchase is rational, market trading is insufficient, and enterprise quotation is reduced.

Downstream, the vinyl acetate market fluctuated in a narrow range, and butyl acetate continued to decline during the week due to the decline in the price of raw n-butanol and the weak downstream demand; The ethyl acetate market fluctuated and sorted out. The quotation fell first and then rose within the week. The market trading was OK. It just needs to be followed up. The market will wait and see the sorting operation in the later stage.

According to the acetic acid analysts of business society, there is no obvious difference in downstream demand in various regions in China. The purchase is rational and just needs to be followed up. In terms of market supply, there are obvious differences in various regions. There are sufficient sources of goods in East and South China and tight sources in North China. From the perspective of supply and demand performance, it is expected that the market will be differentiated in the future and pay attention to the situation of enterprise devices.

1、 Price trend

According to the monitoring data of business agency, the average factory price of domestic ammonium sulfate was 1175 yuan / ton on August 9 and 1175 yuan / ton on August 15. The price of ammonium sulfate was stable this week.

2、 Market analysis

This week ammonium sulfate Market weak finishing. The demand for coking grade ammonium sulfate weakens and the market price weakens. The demand for hexyl ammonium sulfate is acceptable, and it just needs to be purchased in the downstream. By the end of the week, the mainstream factory quotation of coking ammonium sulfate in Shandong was 1050-1100 yuan / ton, the mainstream factory quotation of ammonium sulfate in Hebei was 1050-1100 yuan / ton, the mainstream factory quotation of ammonium sulfate in Shanxi was 950-1000 yuan, and the mainstream factory quotation of ammonium sulfate in East China was 1100-1200 yuan / ton. The domestic ammonium sulfate Market is temporarily strong, and the domestic mainstream ex factory quotation is 1100-1200 yuan / ton.

The downstream compound fertilizer market has little change this week. Due to the decline of urea price, the negative situation appears, and the compound fertilizer market may be affected next week. Due to the strong market of raw material ammonium phosphate this week, compound fertilizer enterprises consume more early orders, and the price has not changed yet.

3、 Future forecast

The ammonium sulfate analyst of business society believes that due to the current off-season sales of ammonium sulfate, the market demand has weakened, and the downstream purchases more on demand, with an obvious wait-and-see attitude. Due to the decline of urea, the price of ammonium sulfate is expected to be weak in the short term, mainly finishing and operation, and the price may fall next week.

According to the data monitored by the business agency (the average ex factory price of carbide SG5), on August 12, the average mainstream price of PVC in China was 9225 yuan / ton, an increase of 112.5 yuan or 1.23% over 9112.5 yuan / ton at the beginning of the week, an increase of 0.96% over the beginning of the month and 43.64% over the same period last year.

2、 Market analysis

The PVC market continued to rise this week. The increase range of enterprises in the week was mostly in the range of 100-200 yuan / ton, and the market focus moved upward. Last week, the PVC market fell first and then rose, but it was always difficult to break the stalemate with small fluctuations. After weekend adjustment, the PVC market began to test a small rise on Monday, and the market began to strengthen after a comprehensive rise in the middle and late weeks of the week. The current round of PVC market price rise is mainly due to the power restriction in Inner Mongolia, the decline in the output of raw calcium carbide, high price and short supply. Under the support of cost, some PVC enterprises operate with reduced load, tight supply in the spot market, no pressure on inventory, and the rise of futures price, which drives the price rise in the spot market. At the beginning of August, CFR China was at US $1250 / T, while CFR India rose 50 to US $1400 / T. the external market recovered, and Lido supported PVC to continue its high-level operation.

In terms of spot, at present, the mainstream quotation range of pvc5 electric stone in China is mostly around 9000-9300 yuan / ton. The interval of pvc5 electric stone in Hangzhou is 9240-9350 yuan / ton; The mainstream of pvc5 electric stone in Changzhou is 9250-9350 yuan / ton; The mainstream price of PVC ordinary electric stone in Guangzhou is 9300-9360 yuan / ton; Local market prices rose.

In terms of futures, PVC futures prices rose strongly to above 9300 this week, driving the rise of spot market prices. On August 12, the opening price of v2109 contract was 9325, the highest price was 9365, the lowest price was 9280, the position was 290659, the settlement price was 9320, yesterday’s settlement was 9230, up 90.

region workmanship 8 / 12 (yuan / ton) 8 / 9 (yuan / ton) Rise and fall remarks

East China Calcium carbide method 9270-9370 9200-9280 + 70/+90 Ex warehouse

south China Calcium carbide method 9300-9350 9240-9300 + 60/+50 Ex warehouse

North China Calcium carbide method 9100-9160 9000-9050 + 100/+90 Delivered

southwest Calcium carbide method 9100-9200 8950-9050 + 150/+150 Delivered

International crude oil, on August 11, the international oil price rebounded continuously and rose for two consecutive days. The settlement price of the main contract in the U.S. WTI crude oil futures market was $69.25/barrel, up $0.96 or 1.40%, and the settlement price of the main contract in Brent crude oil futures market was $71.44/barrel, up $0.81 or 1.0%. Data released by the U.S. Energy Information Administration (EIA) on Wednesday showed that crude oil inventories fell last week, improved U.S. employment data and improved liquidity boosted fuel consumption, and the Biden government said it would not support U.S. oil companies to increase production, and supply expectations were good for oil prices.

Ethylene, August 11, European ethylene market, FD northwest Europe quoted 1368-1375 US dollars / ton, CIF northwest Europe quoted 1255-1263 US dollars / ton, up 3 US dollars / ton, August 11, American ethylene market, FD American Gulf quoted 977-996 US dollars / ton, down 121 US dollars / ton, recent American ethylene market fell, demand was average, Asian ethylene market on August 11, CFR Northeast Asia quoted 946-956 USD / T, down 20 USD / T; CFR Southeast Asia quoted 981-991 USD / T, down 20 USD / T. Recently, ethylene prices in Asia have mainly fallen. Affected by the rising price of upstream crude oil, the ethylene market may mainly rise in the later stage.

For calcium carbide, on August 12, the factory price of Northwest calcium carbide was temporarily stable, the price of upstream blue carbon increased slightly, the cost support was good, the downstream PVC market was consolidated at a high level, and the demand for calcium carbide increased. In the future, calcium carbide rose slightly, and a new round of power rationing in Inner Mongolia began. The output of calcium carbide decreased and the supply was in short supply.

3、 Future forecast

PVC analysts of business society believe that at present, the cost is high and in short supply, there is no pressure on PVC inventory, coupled with the strong external market and the strong drive of futures, the spot market is actively pushed up, but in the off-season demand, the operating load of downstream products industry is still not high, and it is difficult to follow up, so it is expected to curb some of the rise. It is expected that there will be more support in the short term, and the PVC market may continue to rise steadily.

According to the monitoring data of the business agency, after the narrow decline of bisphenol A this week, the market is again supported by the auction today. It is reported that the starting price of bisphenol A auction of an enterprise in East China is 25800 yuan / ton, which has gone through four rounds to 26300 yuan / ton. A few downstream participate in the auction. With the help of the auction, the overall offer of the market today is 27000-27200 yuan / ton, and the holders have a strong attitude of supporting the price.

In terms of factories, Lihua yiweiyuan and Nantong Xingchen started construction in 80%, and bisphenol A units such as Sinopec Mitsubishi and Changchun chemical are operating at full capacity. At present, the main factors affecting the price are the small circulation in the trade link, the positive attitude of cargo holders and strong reluctance to sell. Today’s auction is up 500 yuan / ton compared with the last time, which provides strong support for the market.

From the raw material side, the phenol market fluctuated in a narrow range, pushing up 100 yuan / ton today, and the negotiation was 8800-8900 yuan / ton. In view of the high cost, the price support mood of the cargo holders was obvious, the downstream offer mood was poor, which continued to suppress the market, and the transportation was rarely blocked recently. The overall atmosphere was tepid, the participation of intermediaries was low, and the market activity was poor, The trading face is not optimistic. It is expected to maintain narrow fluctuations in the short term.

On the other hand, the raw material acetone market entered August, with an obvious increase and continued to rise. This week, the market was slightly deadlocked. The mainstream negotiation range was 5600-5700 yuan / ton. The market atmosphere was general, the downstream replenishment mood cooled, the traders’ offer kept falling, and the negotiation focus stopped rising and falling.

The downstream liquid epoxy resin is stable in the middle and down, and the business community monitoring shows that the negotiation of liquid epoxy resin is 32500-33500 yuan / ton and the negotiation of solid epoxy resin is 28000-28800 yuan / ton. On the one hand, the rise of raw materials is slightly weak, and the beneficial support is reduced. On the other hand, the logistics transportation is blocked, and the access to the main East China area is limited. Major enterprises offer according to the market and advance steadily, It is expected that the epoxy resin market is easy to fall but difficult to rise in the short term.

According to the business club, the limited spot resources and the boost of bidding have stopped the decline and callback of bisphenol A, but at present, the acceptance of new orders in the downstream is limited. Although the carrier runs at a high price, the on-site spot trading situation is general. The business club expects the short-term bisphenol a market to be strong and tidy up.

1、 Price trend

According to the bulk data list of business society, the average price of domestic phosphoric acid on August 10 was 6816.67 yuan / ton, which was flat compared with the price of 6816.67 yuan / ton last Tuesday, up 16.86% month on month and 41.52% compared with the same period last year.

2、 Market analysis

In the first week of August, the phosphoric acid market was generally stable, and some enterprises reduced their prices slightly. As of the 10th, the raw materials fell by more than 10%, the price was as low as 24000 yuan / ton, and the cost support fell. The quotations of mainstream manufacturers in the phosphoric acid market were still stable, most of them were near 7000 yuan, and those higher and lower were also. The enterprises that closed the market and stopped reporting in the early stage also resumed their quotations, and the rising atmosphere of the market gradually weakened, In addition, the downstream is not enough to buy high-priced phosphoric acid, the market transaction is relatively light, and the mentality of the industry is negative. According to the monitoring of the business community, the quotation in Sichuan is 6650-7300 yuan / ton, that in Hebei is 7700-8200 yuan / ton, that in Hubei is 6800-8000 yuan / ton, that in Jiangsu is 5700-7000 yuan / ton, and that in Yunnan is 7300 yuan / ton. The price of phosphoric acid in various places has been greatly reduced.

region product Specifications date Price (yuan / ton)

Sichuan region phosphoric acid Content: 85% industrial grade August 10th 6750-7300

Hubei region phosphoric acid Content: 85% industrial grade August 10th 6800-8000

Yunnan region phosphoric acid Content: 85% industrial grade August 10th seven thousand and three hundred

Jiangsu region phosphoric acid Content: 85% industrial grade August 10th 5700-7000

For phosphate rock, on August 10, the reference price of phosphate rock was 550.00, which was the same as that on August 1. At present, the supply of domestic phosphate rock market continues to be tight, and individual mining enterprises in Guizhou have suspended their quotation. Phosphate rock analysts of business society believe that in the short term, China’s phosphate rock market will be dominated by high-level consolidation.

On August 10, the reference price of yellow phosphorus was 24666.67, a decrease of 10.84% compared with August 1 (27666.67). At present, the supply of yellow phosphorus in various places is tight, the on-site inquiry is increasing, and there is basically no transaction in new orders. The manufacturer mainly sends early orders, mostly does not make external quotations, and the market is mainly on the sidelines.

3、 Future forecast

According to the phosphoric acid analyst of the chemical branch of the business society, the current high level of raw materials has fallen, C cost support has declined, and the phosphoric acid market is stable and small, but the wait-and-see mood has not decreased. It is expected that the phosphoric acid market may fall with the decline of raw materials in the short term, and the market is stable and weak.

At the beginning of the week, the domestic polysilicon market remained stable, and today’s polysilicon material price changed little compared with the previous weekend. Some individual quotations are still on the high side, but there are few high-level transactions. At present, domestic polysilicon manufacturers have signed orders in September. Trading volume declined slightly. At present, the operating rate of domestic polysilicon manufacturers has little change, and the shortage of goods is alleviated compared with that in the early stage. Up to now, most domestic silicon manufacturers mainly operate normally. With the manufacturer’s resumption of early maintenance, the market supply pressure is relieved. The shipment speed of downstream silicon wafers decreased. The price of silicon wafers changed little last week, and the cost decline alleviated the downstream cost pressure to a certain extent, but the downstream profit is still meager, and the component procurement tends to slow down. According to the monitoring of business society, the mainstream transaction price of polycrystalline silicon with the model of primary solar material in China is 95000-120000 yuan / ton, and the mainstream range of monocrystalline silicon material is about 200000 yuan / ton.

Note: the above prices are tax inclusive

1、 Price trend

2、 Market analysis

According to the data of business agency, the domestic potassium sulfate market rose in the first week of August. As of August 6, the average price of 50 particle samples of domestic potassium sulfate was 4500 yuan / ton, an increase of 1.50% over the average price level at the beginning of the month and 68.22% over the same period last year.

The domestic potassium sulfate price has shown a stalemate recently. The market has experienced a long-term rise since the end of May. At present, the potash fertilizer market is gradually moving towards a weak overall situation. As the domestic spot price maintained a high increase last month, the current potassium sulfate price is in a high and firm state. In terms of industry load, the operating rate of processing potassium sulfate unit is still not high, and there is a small increase in the supply of goods on site. In addition, due to the lower output of potassium chloride fertilizer, the spot price of potassium chloride increased by more than 14% in July, and the cost side pressure of potassium sulfate increased. The ex factory price remains high, and some offers are higher than the market price. Recently, the market momentum began to decrease, the actual single transaction was limited, and the market increase narrowed. At present, the ex factory reference price of 52% potassium sulfate powder of Shijiazhuang hehe Chemical Co., Ltd. is reported as 4600 yuan / ton. The ex factory reference price of 50% potassium sulfate powder of Chongqing Anton chemical fertilizer is quoted as 4400 yuan / ton.

3、 Future forecast

According to the potassium sulfate analyst of business society, the domestic potassium fertilizer market price remained rising in early August, and the price of raw potassium chloride was high. Although the cost support of domestic potassium sulfate is strong, the momentum of fertilizer market begins to cool down. Under the pressure of high cost, the load of potassium sulfate enterprises remains below 60%. In addition, the follow-up efforts of terminal enterprises are gradually reduced, and the resistance to high price offer and shipment of manufacturers rises suddenly. It is expected that the price of domestic potassium sulfate may change from rise to fall in the near future.

According to the monitoring data of business society, as of July 31, the ex factory price of domestic industrial grade propylene glycol was 16600 yuan / ton. Compared with July 1 (the reference price of propylene glycol was 16066 yuan / ton), the average price increased by 434 yuan / ton, or 3.32%.

In early July, due to the overhaul of domestic propylene glycol plants, the supply of propylene glycol in the market decreased, the fear of rising in the downstream increased, the downstream took goods actively, and the propylene glycol market showed an upward trend. As of July 15, the average ex factory price of domestic propylene glycol rose to 17566 yuan / ton, an increase of 9.34% in the first half of the month compared with the beginning of the month.

In late July, propylene glycol units were put into operation one after another, the on-site supply increased, the downstream demand was generally affected by the season, and the effective support of propylene glycol market was insufficient. At the end of the month, the propylene glycol market price plunged sharply. On July 27, the low-end price of propylene glycol market fell back to 16200 yuan / ton. Later, the market was weak until the end of July. According to the monitoring data of business society, as of July 31, The average ex factory price of domestic propylene glycol refers to 16600 yuan / ton. Compared with the price in early July, the average price increases by 534 yuan / ton, with a monthly increase of 3.32%.

In terms of related products dimethyl carbonate, the domestic dimethyl carbonate market rose sharply in July. In the middle and early July, factories in Shaanxi and Shandong were shut down for maintenance. The supply of dimethyl carbonate in the yard decreased, and the supply tension increased rapidly. The market price of dimethyl carbonate rose sharply. The single day increase of dimethyl carbonate exceeded 1000 yuan / ton. By the 15th, dimethyl carbonate rose to 7800 yuan / ton, an increase of 13.59% in the first half of July compared with the beginning of July.

In late July, the domestic dimethyl carbonate market continued to rise steadily. On the 27th, the market price of dimethyl carbonate rose to the peak of the current month. The mainstream quotation of dimethyl carbonate in Shandong was 8300-8800 yuan / ton, and the average price was 8433 yuan / ton. Under the high price, the factory shipment rhythm slowed down, and the dimethyl carbonate market fell slightly at the end of the month, but it was still high as of July 31, According to the monitoring data of business agency, the average ex factory price of domestic dimethyl carbonate is 8233 yuan / ton, which is 1367 yuan / ton higher than that in early July, with a monthly increase of nearly 20%.

In terms of upstream propylene oxide, the propylene oxide market was strong and upward in mid and early July, with an increase of 23.99%. Since late July, propylene oxide market has weakened. Recently, the representative factories accumulated slowly, the market supply tended to be loose, coupled with the obvious price depression in the middle and lower reaches, and the focus of market negotiation gradually decreased. On the 27th, the mainstream quotation of propylene oxide Market in Shandong was around 16300-16500 yuan / ton. According to the monitoring data of business society, as of July 31, the reference price of propylene oxide was 16300 yuan / ton, an increase of 9.4% compared with July 1 (14900 yuan / ton).

Future forecast and analysis of propylene glycol

At present, the supply of propylene glycol has basically returned to normal, and the downstream demand is mainly rigid demand. In terms of cost, the high level of raw material propylene oxide gives propylene glycol cost support. Therefore, the propylene glycol analysts of business society believe that in the short term, the domestic propylene glycol market will be dominated by stable small and medium range.

According to the data monitored by the business agency, as of August 4, the average quotation price of domestic premium DMF enterprises was 13400.00 yuan / ton. Recently, the market price of DMF has risen, up 2.88% compared with the same period last week and 22.94% compared with the beginning of the same period last month. At present, the overall trend of DMF is strong.

Recently, DMF has been operating at a high level, the price has a continuous rising trend, the supply of spot goods is tight, the transaction atmosphere is positive, the downstream just needs to purchase, the contract customers are actively delivering, and the number of new orders has also increased. At present, Anyang unit is operating at low load, some small units are overhauled, and the units of other manufacturers are operating normally. At present, the mainstream price range is 13500-14000 yuan / ton.

The upstream methanol mainly operates stably, the manufacturer’s quotation is stable, the replenishment is just needed, the fluctuation is limited, and the early trend will be maintained in the short term, mainly contract customers.

On August 4, the chemical index was 1120 points, which was the same as yesterday, hitting a record high in the cycle, up 87.29% from the lowest point of 598 points on April 8, 2020（ Note: period refers to from December 1, 2011 to now)

DMF analysts of business agency believe that: it is expected that DMF will run at a high level in the short term and the price will rise（ For more information on the latest industry chain, welcome to pay attention to official account of business community, obtain commodity information, and grasp commodity price.

Price trend:

According to the bulk list data of business society, the domestic ABS market fluctuated and adjusted in a narrow range in July, and the spot prices of various brands did not rise or fall much. As of July 31, the average price of mainstream offer of general-purpose ABS was about 17800 yuan / ton, an increase of 0.56% over the average price at the beginning of the month and 37.60% over the same period last year.

Factor analysis:

In terms of raw material styrene, the domestic spot price fluctuated in July, falling more or rising less. At the beginning of June, the price was in the stage high range. Due to the correction of international crude oil, the price of pure benzene fell sharply, and the cost of styrene fell. In the second half of July, the cost side of crude oil chemical chain was mainly consolidated and operated, and the cost side of styrene was generally supported. In addition, several styrene units resumed production after short repair in the month, and there was an expectation of new production capacity in the industry. Under the expectation of increased supply, the market gradually weakened. Although there was some demand improvement in the market at the end of the month, the follow-up of the main terminals was slow and the demand was difficult to increase. Spot procurement tends to be cautious, and the desire to catch up is not strong. Styrene is expected to continue to weaken in the near future.

Upstream butadiene: in July, the overall growth of domestic butadiene market was large, the growth was concentrated in the middle of the previous month, and there was a slight correction at the end of the month. In July, affected by the rise in the external market, the strong prices of domestic suppliers boosted the prices of merchants. In addition, the downstream increased the load, supporting the sharp rise of middlemen’s offer, and it is difficult to find low-cost goods in the market. There was rising resistance in the yard in the latter ten days. Affected by the typhoon, the shipment of some domestic export sources was delayed, and there were many short-term shutdown of downstream devices, and the short-term market expectation was empty. With the weakening of downstream inquiry intention, the focus of spot price continues to decline. In addition, Zhejiang Petrochemical’s phase II unit was put into operation, and Gulei Petrochemical also had a start-up plan in mid August. The medium-term performance of the supply side was short, further aggravating the downward pressure on the market. Business analysts predict that butadiene market may enter the downward channel.

In July, the domestic ABS market was generally stable, and the monthly amplitude of spot price was only 1.7%. The upstream market fluctuated, and it weakened at the end of the month. The ABS cost side market was general. In the first half of the month, the capacity loss caused by the overhaul plans of Shandong Jianghai, Jihua and Tongliao chemical industry and the overhaul plan of Tongliao chemical industry tightened the market supply, pushing up the prices of some brands. At the end of the month, the manufacturers gradually returned to work. Judging from the recent accumulation of finished product inventory, the overall supply of goods is in an incremental state. In addition, the market momentum is not strong, the profitability of the industry is general, the market momentum decreases, the demand shrinks, and the spot price decreases.

Future forecast:

Business analysts believe that the ABS spot market adjusted and operated in a narrow range in July, the trend of raw materials is OK, and the support for ABS cost is still. The supply support gradually weakened in the latter ten days due to the resumption of many units. At present, the demand for goods in the lower reaches of the industry is general. Under the stalemate, the market loses its orientation, the mentality of the industry has changed to cautious wait-and-see, and the on-site inquiry and actual trading have decreased compared with the previous. It is expected that the recent ABS spot market may adjust downward.