Price Trend

According to the data monitored by business associations, the price of potassium carbonate has been running weakly this week. The overall price has not changed much, falling by about 50 yuan/ton, or 0.74%. As of June 14, the average tax-bearing price of domestic light potassium carbonate mainstream outlets was 6,700 yuan/ton, and the market has declined.

II. Analysis of Influencing Factors

Products: This week, the market of potassium carbonate is not warm, the trading atmosphere is cold, while downstream purchasing is just in demand, resulting in the weak price of potassium nitrate. The plant start-up rate of the manufacturer is at a low level, the purchasing market momentum of the low inventory level is general, and the weak quotation operation is dominant. According to the statistics of business associations: on June 14, the main domestic light potassium carbonate ex-factory quotation range is about 6500-6700 yuan/ton (quotation for reference only). According to different purchasing conditions, the quotation is different.

3. Future Market Forecast

Potassium carbonate analysts believe that in the short term, the price of potassium carbonate is dominated by weak consolidation, while in the long run, the market still needs to wait and see, mainly affected by demand-side dominance.

Price Trend

According to the data from the business associations’list, the market trend of powdered ammonium remained stable this week. The average price in domestic market was 2183 yuan/ton, the average price at the beginning of the week was 2183 yuan/ton, and the weekend price was 2183 yuan/ton.

II. Market Analysis

Products: At present, the domestic ammonium market is running steadily, and the market demand is relatively flat. At present, 60% of the mainstream ammonium powder factory quoted 2200-2400 yuan/ton in Hubei area, maintaining stable operation as a whole; Henan market maintained stable operation, 55% of ammonium powder factory quoted 2000 yuan-2100 yuan/ton, stable start-up; Anhui market maintained stable operation, 55% of ammonium powder factory quoted 2000 yuan-2200 yuan/ton, stable start-up. Most enterprises have normal operation of equipment, normal orders and normal delivery.

Industry chain: The price of upstream raw material phosphoric acid market declined slightly, and the volume of new single transaction was general. The price of sulphur rose slightly. The demand for ammonium in downstream compound fertilizer enterprises is weak.

3. Future Market Forecast

Ammonium phosphate analysts believe that the enterprise inventory is gradually declining, but the transaction is flat, and the market of monoammonium phosphate may remain stable in the short term.

Price Trend

According to the data of the business associations’list, adipic acid in China continued its disadvantaged market in the last two months in May, mainly declining, mainly slowing down. Market prices fell slightly, and dealer quotations went down successively. By the end of the month, the quotations were generally between 8000 and 8300 yuan/ton. Overall, this month’s decline was 0.49%.

II. Analytical Review

This month, the market continued to fall, the decline slowed down, but for the time being there is no sign of stabilization. The market atmosphere is still cold, dealers are in a low mood to enter the market, adipic acid prices are 50-100 yuan/ton lower than in April, the market is gradually stalled. At present, the downstream market acceptance of high prices is general, so that the profit margin has increased. Social inventory still shows some pressure, shipment strength has slightly declined compared with last month, there is some room for negotiation.

On the supply side, the relative excess supply is the main factor, the start-up rate of the plant is relatively high. This month, the distributors are mainly shipped one after another. On the other hand, the enthusiasm of getting the goods is not high. On the other hand, before that, many distributors accumulated a large amount of inventory. At present, the market is turning sharply downward, and the mood of reducing prices to inventory spreads, which leads to the continuous decline of prices, market price quotations and actual offer. Price difference between deposit and deposit, the quotations of distributors in North China, East China and South China have been reduced to varying degrees. In some areas, the quotations have declined by 400 yuan/ton, while in most areas, the price of distributors has remained weak.

In terms of demand, the current market supply exceeds demand, the downstream demand lacks substantial improvement, the downstream start-up rate is still slightly insufficient, the start-up rate is basically less than 50%, the upstream adipic acid has not formed a strong boost, the market is still in the inventory cycle, in addition, the cost side also makes adipic acid show some pressure, upstream pure benzene prices also fell sharply, falling more than 5% in April, subject to cost side. Loss of profit, adipic acid market was dragged down by the downward trend of pure benzene. According to the monitoring of business associations, the reference price of East China market is about 8000-8300 yuan/ton, and the price of South China is generally between 8100-8300 yuan/ton.

3. Future Market Forecast

Analysts of adipic acid in the chemical branch of business association believe that the adipic acid market is still in the process of de-stocking. The price fluctuation is also returning to rationality. In the later stage, the market may fall into the stage of weak rise and fall. Therefore, the Business Association believes that in June, adipic acid market is difficult to improve greatly, and the market may stop falling and stabilize more, but the upward margin will not be very large.

Price Trend

According to commodity data monitoring, the price of isopropanol in eastern China fell in May. At the beginning of the month, the average price of isopropanol in East China was 4887.5 yuan/ton, and at the end of the month, it was 4712.5 yuan/ton. The price fell within the month by 3.58%.

II. Market Analysis

Products: In May, the domestic isopropanol fell slightly. The price of raw material acetone has been raised slightly, and the domestic isopropanol market is obviously deadlocked. The downstream orders are cautious and the buying enthusiasm is limited. By the end of the month, the range of isopropanol negotiations in Shandong was 4600-4700 yuan/ton, that in Ningbo, Zhejiang was 4700 yuan/ton, that in Jiangsu was 4700-4750 yuan/ton, and that in Guangdong, South China was 5300 yuan/ton.

Industry chain: Looking from the upstream, the price of acetone in East China is low this month, but the price has increased slightly. The market price is 3050 yuan/ton. Influenced by raw material acetone, isopropanol market stalemate trend is obvious, traders also have a strong price intention, downstream mostly wait-and-see, buy limited. Propylene prices surged this month, rising by 6.09%. Reference is around 6840 yuan/ton. The cost of propylene isopropanol is upside down, but the effect of forced support is very little. Downstream mostly wait-and-see, buying enthusiasm is not high.

3. Future Market Forecast

Analysts of isopropanol in the branch of business society and chemical industry believe that the raw material acetone plate has increased slightly, the price of propylene has been on the rise, which has formed a favorable support for the isopropanol market, and traders also have a strong price intention. Isopropanol is expected to rise steadily and moderately in the short term.

Commodity Index: On May 29, the polyacrylamide commodity index was 86.97, down 16.29 points from yesterday, a new low in the cycle, down 18.82% from the peak of 107.13 on May 08, 2019. (Note: Period refers to 2019-04-01 to date)

Latest price (May 29): Polyacrylamide (cationic) offer 17233.33 yuan/ton.

Main points of analysis: On May 29, the market price of domestic polyacrylamide was relatively stable. According to the monitoring data of the commercial association (100ppi.com), the current mainstream quotation in the domestic market of polyacrylamide is: cationic (PAM, molecular weight 12 million) quotation is 16700-18 000 yuan/ton, anionic (PAM, molecular weight 12 million) quotation is about 10 000-12 000 yuan/ton; overall, the quotation of anionic PAM is basically stable, and the range of cationic PAM is about 150 yuan if there is any change./ Within the range of tons.

Industry chain: The price of upstream products of polyacrylamide has not changed much in recent years; the demand of downstream products of polyacrylamide has also not changed greatly; the overall market of polyacrylamide has remained stable in recent years.

Future market forecast: In the short term, if there is no big fluctuation in the price of raw materials in the upstream, the demand in the downstream is relatively stable, and the market price of domestic polyacrylamide is basically stable.

Price Trend

According to the price monitoring of business associations, propylene oxide is running steadily today. At present, the mainstream price of propylene oxide in China is 9100-9500 yuan/ton, up 0.36% compared with last Monday.

II. Analysis of Influencing Factors

Product: Propylene oxide Market is running steadily. In recent years, the domestic propylene oxide supply has decreased slightly, and the overall market supply and demand are basically balanced. Today, the cash delivery price of Wanhua Chemistry Shandong Mainstream Market is 9200 yuan/ton, while that of East China Mainstream Market is 9500 yuan/ton.

Industry chain: The price of upstream propylene market rose slightly. New orders in downstream polyether market were gradually reduced, and the ability of purchasing propylene oxide in the market was gradually weakened.

3. Future market forecast:

According to business associations, the market for propylene oxide may be dominated by weak finishing operations in the short term.

First, the price trend

This week the domestic butadiene market continues to push high.

Business community monitoring shows that at the beginning of the week domestic butadiene market price of 8081 yuan/ton, the weekend domestic butadiene prices of 8370 yuan/ton, the weekly increase of 3.57%, the price is 28.74% lower than the same period last year.

Ii. Analysis of influencing factors Products: This week, the domestic butadiene market continued upward, during the week Sinopec price increase of 300-400 yuan/ton to 8400-8500 yuan/ton, Liaoning Tong chemical bidding floor price increased by 400 yuan/ton to 8410 yuan/ton. At the beginning of the week northeast manufacturers only a small amount of export, spot resources tight support a small part of the export supply of large price increases, the rest of the export manufacturers and Sinopec prices immediately followed up, the market center of gravity as a whole moved up.

In the middle and late Zhou, the state and Shandong Huayu device reboot, Inner Mongolia Jutai and God huanning Coal part of the qualified goods export, the market supply slightly increased, and with the domestic market higher, some European, Iranian and Asian sources of active offer, but downstream to high price acceptance capacity is limited, only sporadic just need passive inquiry, butadiene market after the consolidation of the main. Industrial chain: Downstream synthetic rubber, butadiene rubber, natural rubber although poor, but the supply side gradually improve the price of butyl rubber but played a boost, the domestic butadiene rubber market offer slightly increased, but the inquiry follow up but the performance of the general, the actual transaction is still small. Butadiene Rubber, the domestic butadiene rubber market rose quotes. Supplier to increase the price of Shun Ding gum, merchant offer price follow up, the atmosphere of the field inquiry is not good, buyers on the high newspaper inventory resistance, less spot volume, business shipments are poor.

SBS: Domestic SBS Market oil glue low finishing, dry glue change small finishing.

Third, the forecast of the aftermarket On the positive side, the export manufacturers have no obvious inventory pressure, high price is strong. On the negative side, the overall start of the butadiene industry began to rise, the northern market spot supply increase, downstream just need to support the high price limited, butadiene rubber has some equipment maintenance, the overall decline in the start rate. Recently, Butadiene market upward is mainly supported by the supply side, with the market higher, some domestic equipment restart, another part of the qualified products into the market, the northern market supply surface slightly widened, coupled with the downstream just need to support the limited strength, the market supply and demand fundamentals are difficult to continue to move higher to bring a strong boost. Short-term supply-side inventory low, or will bring some support to the price, but the market trend has no shortage of weak expectations, comprehensive consideration, business society butadiene Analysts expect that the early next week market high finishing mainly, but do not rule out the deal weak drag and drop, the late market fall consolidation may, it is recommended to pay attention to manufacturers export volume and internal and external

First, the price trend: The price of acetic anhydride fell this week, according to business data monitoring.

As of May 17, acetic anhydride enterprises quoted an average price of 4950.00 yuan/ton, compared with the earlier this week acetic anhydride quote 5083.33 yuan/ton, the price fell 2.62%, compared with the last weekend quoted 5233.33 Yuan/ton fell, a decrease of 5.41%; the price is 38.7% lower than the price of acetic anhydride in the same period last year.

Second, the market analysis:

Product Analysis: This week the domestic acetic anhydride factory offer fell, the market transaction price fell. As of May 17, most of the factory prices in 4800-5000 yuan/ton, the actual transaction price fell, the actual transaction price in Shandong region in 4850 yuan/ton, the price fell, the market quotation for the reference price, the actual transaction price to the actual consultation prevail.

Acetic anhydride factory equipment construction rate to maintain a high, but the downstream sales of acetic anhydride cold, acetic anhydride market in general, after the fall of acetic anhydride pressure is greater.

Analysis of industrial chain factors:

Product Name

Specifications

Quotation area

5.13

5.14

5.15

5.16

5.17

Change

Year%

Unit

Acetic anhydride

Premium Products

Shandong

5083.33

4983.33

4950.00

4950.00

4950.00

-133.33

-2.62

RMB/ton

Acetate

Premium Products

East

2616.67

2616.67

2616.67

2616.67

2616.67

0

0

RMB/ton

Methanol

Premium Products

Shandong

2234.00

2252.00

2260.00

2266.00

2280.00

46.00

2.06

RMB/ton This week acetic anhydride raw materials acetic acid prices temporarily stable, methanol price shock rose. As of May 17, acetic acid quoted 2680.00 yuan/ton, compared with the beginning of this week acetic acid price stability, this week methanol price shock rose, as of May 17, methanol quote 2280.00 yuan/ton, methanol price increased 2.06% this week, acetic anhydride cost rise, the acetic anhydride market has a positive impact,

After the aftermarket acetic anhydride has a certain upward momentum.

Third, the forecast of the aftermarket: Business Society acetic anhydride data analyst Baijia believes that this week acetic anhydride raw materials acetic acid price temporarily stable, methanol price shock rise, acetic anhydride cost rise, acetic anhydride price has a certain upward momentum. Recently, acetic anhydride manufacturers started high rate, adequate supply, demand, the recent downstream procurement in general, acetic anhydride sales pressure, acetic anhydride market negative impact is greater. Overall, acetic anhydride market is mixed, the cost of acetic anhydride increased, acetic anhydride decline space is limited, acetic anhydride supply is sufficient, downstream demand in general, overall oversupply, acetic anhydride market is more than good, but acetic anhydride decline space is limited, expected after the fall of acetic anhydride price shock stability.

Price Trend

According to the monitoring data of business associations, as of May 15, the average price of ethanol market in China was 5220 yuan per ton, and the price of ethanol market in China varied from region to region.

II. Market Analysis

Products: The domestic alcohol market has varied from region to region. Northeast Jilin corn ethanol narrow-range finishing, downstream delivery is general, the high-price signing situation in the early stage is not good, individual low-end has a trend of callback; East China and North Jiangsu are on the sidelines, downstream purchasing keeps just the level of demand, factories rely on their own supply of low-level intentional bidding, but the overall trading atmosphere is weak; South China is a large factory quotation is low, high-end source shipment is not good, Guangdong Province Import prices in the region weakened slightly, and the downstream basically maintained the rhythm just needed.

Industry Chain: Maize: In May, inventory continued to decline, annual maize planting area and output continued to decline, which led to the corn trading enterprises reluctant to sell, imported maize increased and came to Hong Kong one after another. The game between the main factors, such as timely start of maize storage, will directly affect the trend of maize market. We predict that the general trend of corn market in May will be more likely to rise, but we do not support a short-term surge. Sustained slow rise should be the mainstream performance of the market. After the arrival of bulk imported Maize in Hong Kong and the commencement of pre-storage auctions, the impact on the mainstream market is expected to be limited. Invite low inventory enterprises to replenish stocks appropriately in case of unexpected events. Ethyl acetate: The domestic market of ethyl acetate is weak. The market supply is still oversupply. It is difficult to alleviate. Some local suppliers continue to concede profits and push down market transactions.

3. Future Market Forecast

The downstream demand is gradually weakening. After the accumulation of enterprise inventory in Northeast China, the short-term market is expected to remain weak. It is difficult to improve in the downstream of East China in the short term. Under the influence of poor demand, ethanol analysts of business associations predict that the domestic ethanol market will be weak in the short term.

Price Trend

According to the monitoring data of business associations, the price of methane chloride in China continued to rise after the May 1st holiday. The average price of dichloromethane in Shandong was 2800 yuan/ton at the beginning of the month and 3500 yuan/ton at the end of May 13th, up to 25%. The average price of trichloromethane in Shandong was 2733 yuan/ton at the beginning of the month and 3200 yuan/ton at the end of May 13th, up by 15.38%.

II. Cause Analysis

Product Reasons: After May 1st, due to the smooth start of the downstream refrigerant market as a whole, just need to be combined with Shandong Jinling chemical overhaul, the overall supply of methane chloride market is tight, enterprises and traders Multi-Limit shipment and low inventory. At present, the quotation of dichloride in Shandong is about 3500 yuan/ton and trichloride is about 3200 yuan/ton; that of dichloride in Jiangsu is about 3700-3800 yuan/ton and that of trichloride is about 4000 yuan/ton; that of dichloride in Jiangxi is about 3750 yuan/ton and that of trichloride is about 3650 yuan/ton. In terms of start-up, at present, the time for Jinling chemical plant to be repaired and restored is uncertain; Dongying Jinmao fully loaded operation; Luxi chemical plant to start 60%; Jiangsu science and technology plant to start normal; Jiangxi science and technology plant to run normally, etc.

Industry chain: Upstream, the natural gas market gradually warmed up, with a small increase of 1.82% after May 1, and the current average price of about 3363 yuan/ton; the domestic methanol market rose and fell, the mainland partially rose, downstream replenishment and later part of the plant parking and other good news support, the mainland part of the market shipment is still possible, coupled with the recent increase in freight charges caused by increased arrival costs, part of the continued to rise, at present all. The price is about 2248 yuan/ton; the liquid chlorine market is stable and weak, and the storage pressure of enterprises is relatively large. Enterprises in North China offer more than 1 yuan/ton, and subsidized freight is about 100 yuan/ton. Eastern China is affected by overhaul, and more than 500 yuan/ton. Downstream, R410a market shocks adjustment, refrigerant downstream market demand is flat, mostly export orders; R22 refrigerant market overall start-up rate is about 60%, market turnover is flat, now the enterprise water factory reported 18500-18800 yuan/ton.

Industry: According to the price monitoring of business associations, in the 18th week (5.6-5.10) of 2019, there were 24 kinds of commodities rising annually in the chemical sector, of which 3 commodities increased by more than 5% accounted for 4.1% of the monitored commodities in the sector; the first three commodities were dichloromethane (13.33%), trichloromethane (10.98%) and acetone (5.15%). There are 31 kinds of commodities with a decline of more than 5%, accounting for 4.1% of the monitored commodities in this sector. The products with the first three declines are hydrochloric acid (-34.43%), sulfuric acid (-21.48%) and ammonium chloride (-8.20%).

3. Future Market Forecast

Data analysts of business associations’methane chloride data believe that at present, the overall start-up of methane chloride production enterprises is low, the spot supply is tight and the inventory is low, and the supply-side gap is difficult to effectively remedy in a short time. Although the current downstream market demand is general, it is about to enter the peak season of refrigerant demand, and the market of methane chloride is expected to be strong in the near future.