Trade name: TDI

Latest price (June 29): 17700 yuan / ton

Key points of analysis: the average price of TDI market in East China today is flat compared with the previous working day, and the market situation is waiting to be sorted out. The terminal industry is in the traditional off-season, with weak downstream demand, the factory’s attitude of supporting the market, the offer of the shipper is large, stable and small, a small number of on-site inquiries just need to be followed up, the overall market trading is light, and the operator’s attitude is stalemate and wait-and-see. At present, the quotation range of dealers in East China is about 17400-17600 yuan / ton for domestic goods and about 17500-18000 yuan / ton for Shanghai goods.

Aftermarket forecast: the short-term TDI market is weak, and the market supply and downstream follow-up are specifically concerned.

Trade name: cryolite

Latest price (June 28):7600 yuan / ton

Key points of analysis: the cryolite market continues to be stable today, and the average production price in Henan is flat compared with the previous working day. Due to the shortage of upstream raw materials, the higher fuel cost of the superimposed enterprise, the higher production pressure of the enterprise, the low load operation of the cryolite device in the yard, the low inventory, the stable demand of the downstream, the smooth shipment of the enterprise, and the quotation of the cryolite manufacturer maintained a high level.

Future forecast: the short-term cryolite market will run stably for the time being, and the future market will pay attention to the market supply.

Trade name: PVC

The latest price is 7472.5 yuan / ton

Key points of analysis: on June 27, the domestic spot price of PVC was weak, and the futures price fell continuously, suppressing the sentiment of the spot market. At present, the confidence of PVC spot market is insufficient. Downstream enterprises and traders are obviously in a wait-and-see mood. They are cautious in taking goods, have a weak willingness to purchase, and have a poor delivery in the PVC spot market.

Forecast: PVC spot market is weak in the short term

This week (6.17-6.24), the butadiene rubber market fluctuated slightly. According to the monitoring of business agency, as of June 24, the domestic CIS polybutadiene rubber price was 14810 yuan / ton, down 0.34% from 14860 yuan / ton last Friday, and the low point in the week was 14780 yuan / ton. The price of raw materials fell, the maintenance of enterprises’ devices, long and short CIS polybutadiene rubber factors intertwined, and the market was shaken and consolidated.

This week (6.17-6.24), the ex factory price of cis-1,4-polybutadiene rubber of domestic enterprises was stable. According to the monitoring of business agency, as of June 24, the ex warehouse price of Qilu Shunding of Sinopec North China sales company was 14700 yuan / ton; The high price of international crude oil and raw butadiene fell; ChuanHua / Zhenhua and other Shunding units are restarted, while Maoming / Wanda and other units are shut down, resulting in little pressure on the supply side; However, the market transaction was slightly deadlocked, and the market offer of CIS polybutadiene rubber fell slightly.

This week (6.17-6.24), butadiene prices fell slightly, and cost support continued to weaken. According to the monitoring of business agency, as of June 24, the price of butadiene was 11157 yuan / ton, down 1.17% from 11290 yuan / ton last Friday.

The natural rubber market fluctuated slightly. According to the monitoring of business news agency, as of June 24, the price of natural rubber was 12776 yuan / ton, up 0.60% from 12700 yuan / ton at the beginning of the month.

More than 60% of the downstream tires were started, which supported the rubber demand to some extent, but resisted the high price goods, and the high price transaction in the market was slightly deadlocked.

Future forecast: according to the analysts of the business club, the cost of raw materials has dropped and the pressure on the supply side is not great, but the market has a slight resistance to the high price. It is expected that the price of CIS polybutadiene rubber will fluctuate and consolidate in the short term.

Trade name: TDI

Latest price (June 23): 17700 yuan / ton

Key points of analysis: the average market price of TDI in East China today increased by 1.00% compared with the previous working day, and the market price rose. The plant in Shanghai is about to be overhauled. The supplier’s attitude towards the market is obvious. The offer of the goods holder has increased slightly. In terms of downstream demand, the market inquiry has increased. The continuation of market trading just needs to be followed up. The atmosphere in the venue is mainly stalemate. At present, the quotation range of dealers in East China is about 17400-17600 yuan / ton for domestic goods and about 17500-18000 yuan / ton for Shanghai goods.

Aftermarket forecast: the short-term TDI market is in a stalemate and may rise in the aftermarket. Specific attention should be paid to the market supply and downstream follow-up.

Trade name: TDI

Latest price (June 22): 17525 yuan / ton

Key points of analysis: the average price of TDI market in East China today is the same as that of the previous working day, and the market situation is on the sidelines. The factory is mainly in a market-oriented attitude, the offer of the goods holder is temporarily stable, the downstream demand is weak, the enthusiasm for inquiry is general, the purchase in the market just needs to be followed up, and the market trading atmosphere is weak. At present, the quotation range of dealers in East China is about 17200-17300 yuan / ton for domestic goods and about 17500-17600 yuan / ton for Shanghai goods.

Future forecast: in the later stage, TDI market will wait and see, focusing on market supply and downstream follow-up.

On June 21, the rare earth index was 854 points, a decrease of 1 point compared with yesterday, a decrease of 15.19% compared with the highest point of 1007 points in the cycle (2022-02-24), and an increase of 215.13% compared with the lowest point of 271 points on September 13, 2015. (Note: the period refers to 2011-12-01 to now)

The trend of domestic rare earth index has declined slightly. The prices of some light rare earth praseodymium and neodymium series have declined. The prices of praseodymium and neodymium oxides have declined by 4000 yuan / ton to 943500 yuan / ton. The prices of praseodymium and neodymium metals have declined by 6500 yuan / ton to 1150000 yuan / ton. The prices of praseodymium oxide, neodymium oxide, metal praseodymium, metal neodymium, metal neodymium and dysprosium oxide have declined by 10000 yuan / ton to 2535000 yuan / ton, The price of dysprosium ferroalloy fell by 10000 yuan / ton to 2525000 yuan / ton, the price of dysprosium metal fell by 25000 yuan / ton to 3290000 yuan / ton, the domestic light rare earth market price fell slightly, the recent procurement is general, the price trend of dysprosium Series in the domestic heavy rare earth market fell, the price of terbium series fell, and the downstream purchase was mainly on demand. Myanmar banned exports, and it is expected that the domestic rare earth market price will decline slightly in the later period.

Price trend

On the 20th, the mainstream price of vitamin C was 32-38 yuan / kg for food grade and 32-35 yuan / kg for feed grade. The factory continues to stop reporting, and the actual situation is single and single. The downstream just needs to be the main, and there is room for price negotiation.

On the 20th, the price of vitamin a continued to fall. The mainstream price of feed grade vitamin A was 150-160 yuan / kg, and the European market price was 54-60 euros / kg. The market said that on June 15, Zhejiang Pharmaceutical VA and ve production lines were planned to be overhauled for 8-10 weeks in mid July, and the market attention increased. However, the overall market price continued to be weak and downward in the atmosphere of buying up rather than buying down.

On the 20th, the price of vitamin E dropped, and the price of feed grade vitamin E was around 82-85 yuan / kg. The European market quotation is 9.9-10.2 euros / kg, with a downward trend. It is reported that on June 14, the quotation of XinHeCheng VE was raised to 90 yuan / kg, the demand was weak, and the price of vitamin E was loose.

Aftermarket forecast

According to vitamin analysts of the chemical branch of the business community, the overall vitamin market is weak and the mainstream trend is weak. In the future, we will pay close attention to the status of enterprises’ opening and parking and the delivery of goods.

According to the price monitoring of the business club, the domestic polyester filament market fell this week (June 13-17). As of June 17, various products showed different degrees of decline, of which polyester FDY fell the most significantly, by 2.21%, followed by polyester DTY and polyester POY, by 1.73% and 1.6% respectively.

Rise and fall of average price of polyester filament market this week unit: yuan / ton

Products, 2022-06-13., 2022-06-17., Up and down, Year on year rise and fall

Polyester POY (150d/48f) ., 9383., 9233., – 1.60%., 27.36%

Polyester FDY (150d/96f) ., 9813., 9596., – 2.21%., 27.30%

Polyester DTY (150d/48f low elasticity) ., 10521., 10339., – 1.73% ., 19.07%

At present, in mainstream polyester filament factories in Jiangsu and Zhejiang, polyester POY (150d/48f) is quoted at 9200-9350 yuan / ton, polyester DTY (150d/48f low elasticity) is quoted at 10200-10500 yuan / ton, and polyester FDY (150d/96f) is quoted at 9400-9850 yuan / ton. In terms of inventory, polyester filament inventory is still high. Now the overall inventory in the polyester market is concentrated in 26-29 days, of which POY inventory is 25-30 days, FDY inventory is around 20-26 days, and DTY inventory is about 24-26 days.

Cost support was significantly weakened. The Federal Reserve raised interest rates by 75 basis points more than expected. The market was disturbed by macro bad news, and the expectation of demand setback put pressure on oil prices. As of June 16, the settlement price of the main contract of WTI crude oil futures in the United States was US $117.59/barrel, and the settlement price of the main contract of Brent crude oil futures was US $119.81/barrel. At the same time, with the improvement of PX supply, the stage speculation of PX may have ended, and the PX price fell sharply after rising to the high point since 2014.

The domestic PTA market rose and fell. As of June 17, the domestic market was 7289 yuan / ton, down 3.13% compared with the beginning of the week and up 49.71% year-on-year. In addition, the 650000 ton unit of Yizheng Chemical fiber was shut down for a short time this week, and the 2.2 million ton unit of Ningbo Yisheng was shut down for maintenance around June 12. Yisheng Hainan was restarted to 90%, PTA maintenance units were reduced, and the operating rate of the industry was increased to more than 76%.

At present, the terminal demand is weak, the startup rate of downstream industries is low, the weaving load is reduced to about 57%, and the contradiction between supply and demand is prominent. With the rising temperature and poor terminal orders, the downstream weaving industry is expected to see a decline in construction.

Business analysts believe that the terminal transaction atmosphere is still weak, and most factories say that autumn and winter orders have not yet been fully opened. The demand side has not improved, the cost drive is weakened, and the price of polyester filament will maintain a weak trend.

On June 16, the rare earth index was 856 points, unchanged from yesterday, down 15.00% from the highest point of 1007 points in the cycle (2022-02-24), and up 215.87% from the lowest point of 271 points on September 13, 2015. (Note: the period refers to 2011-12-01 to now)

The trend of domestic rare earth index is temporarily stable. The prices of some light rare earth praseodymium and neodymium Series in China have declined. The price of praseodymium and neodymium oxide has declined by 5000 yuan / ton to 952500 yuan / ton, the price of praseodymium and neodymium metal has declined by 5000 yuan / ton to 1157500 yuan / ton, the price of praseodymium oxide is 980000 yuan / ton, the price of metal praseodymium is 1265000 yuan / ton, the price of metal neodymium is 1.2 million yuan / ton, and the price of dysprosium oxide has increased by 5000 yuan / ton to 2545000 yuan / ton, The price of dysprosium ferroalloy is 2.535 million yuan / ton, and the price of dysprosium metal is 3.315 million yuan / ton. The price trend of domestic light rare earth market is temporarily stable, and the recent procurement is general. In the domestic heavy rare earth market, the price of dysprosium series is mainly stable, the price of terbium series is temporarily stable, and the downstream purchase is mainly on demand. Myanmar prohibits exports, and it is expected that the price of domestic rare earth market will remain stable in the later period.