According to statistics, the price trend of domestic hydrofluoric acid rose this week. As of the end of the week, the price was 10720 yuan / ton, 2.88% higher than 10420 yuan / ton at the beginning of the week, down 12.19% year on year.

Products: this week, the price trend of hydrofluoric acid is rising. Recently, the on-site manufacturers are not in good condition. Affected by the epidemic situation, some manufacturers have not resumed production. In addition, the transportation aspect is slow to change. The domestic spot supply of hydrofluoric acid is tight. In addition, the inventory of enterprises not shut down during the Spring Festival is exhausted. The purchase demand is increased. The market price of hydrofluoric acid is higher. The price of fluorite is still high in the near future The market price of hydrofluoric acid has been supported to a certain extent, and the price trend of domestic hydrofluoric acid has increased. By the end of the weekend, the mainstream of hydrofluoric acid negotiation in the South was 10500-11500 yuan / ton, and the price of hydrofluoric acid in the north market was 10500-11000 yuan / ton. In recent years, the price of hydrofluoric acid Market in China has increased. In recent years, the demand of downstream refrigerant industry is general, and the delivery orders of hydrofluoric acid manufacturers have increased. Some manufacturers reflect the recent price increase. By the end of the week, the mainstream of domestic hydrofluoric acid negotiation in Fujian was about 10500-11000 yuan / ton, the price of hydrofluoric acid in Shandong was 10500-11000 yuan / ton, the price of hydrofluoric acid in Jiangxi was 10500-11000 yuan / ton, the price of hydrofluoric acid in Inner Mongolia was 9500-11000 yuan / ton, and the market price trend of hydrofluoric acid rose.

Industry chain: the price of fluorite in the upstream of hydrofluoric acid is stable this week. By the end of the week, the factory price of fluorite is 2900 yuan / ton. The supply of domestic fluorite is normal, but the price of fluorite has little change. The upstream cost price has a certain cost support impact on the hydrofluoric acid market. In the near future, some manufacturers in Henan, Zhejiang and Jiangxi have not resumed production, and the supply of domestic fluorite is very tight. For hydrofluoric acid, the factory price of fluorite is 2900 yuan / ton The market has certain cost support. In the near future, the transaction market of the downstream refrigerant market of the terminal is slightly light. At present, the automobile industry is in holiday, the domestic R22 supply is tight, the domestic refrigerant R22 market price trend is stable, the starting load of the manufacturer’s production device is still not high, the supply situation of the market supply is general, the downstream air conditioning manufacturer stops more, the demand changes little, and the price mainstream of the domestic large enterprises rises to 15500-18500 Yuan / ton. The price trend of domestic R134a market is temporarily stable, and the unit operation rate of production enterprises remains low. At present, the downstream operation is not high, and the demand for R134a is general. However, the supply of R134a in the market is a little tight, the price remains stable, the downstream market changes little, and the price trend of hydrofluoric acid market rises slightly.

Industry: this week, the upstream raw materials fluorite and hydrofluoric acid market spot supply is tight, coupled with the downstream refrigerant industry on-demand procurement, hydrofluoric acid market price trend.

In recent years, the operating rate of domestic refrigerants has not changed much. For the demand of hydrofluoric acid market, the demand for hydrofluoric acid is on demand. The spot supply of hydrofluoric acid in the field is tight. In addition, the supply of raw materials in the market is limited in the near future, and the cost price is supported to some extent. Chen Ling, an analyst of hydrofluoric acid in business association, thinks that the market price of hydrofluoric acid may rise slightly next week.

1、 Price trend

This week, the domestic liquefied gas (Shandong) market continued to decline. On February 3, the average price of the liquefied gas market was 3733.33 yuan / ton, and on February 7, the average price was 3650 yuan / ton, with a drop of 2.23% in the week. The price was 6.81% lower than the same period last year.

2、 Analysis of influencing factors

Product: weak domestic liquefied gas market fell this week, and the market trading atmosphere was flat. As of February 7, the price of LPG from Sinopec Guangzhou Chemical Co., Ltd. is 3850 yuan / ton, from Sinopec Jingmen Petrochemical Co., Ltd. is 3850 yuan / ton, from Sinopec Shanghai Petrochemical Co., Ltd. is 3620 yuan / ton, from Sinopec Qingdao Refining Chemical Co., Ltd. is 3450 yuan / ton, from Shandong Jincheng Petrochemical Group is 4200 yuan / ton, The price of LPG of Sinopec Shijiazhuang refining and chemical company is 3500 yuan / ton. The price of Sinopec Luoyang Petrochemical LPG is 3400 yuan / ton.

This week, the liquefied gas market (Shandong) continued to decline. After the holiday, the international crude oil fell mainly, creating a negative effect on the market. At present, the terminal market is delayed to start work, the demand is significantly reduced, and the downstream market is mainly cautious, with poor enthusiasm for entering the market. The manufacturer’s shipment has been blocked continuously, and the inventory pressure is relatively obvious. Although there is a demand for storage and replenishment after the festival, the market has not improved at present, and the price has been continuously weak.

Saudi Aramco issued CP in February, with propane of 505 US dollars / ton, down 60 US dollars / ton compared with the previous month; butane of 545 US dollars / ton, down 45 US dollars / ton compared with the previous month.

Industry: according to the price monitoring of the business association, there are two kinds of commodities in the list of commodity prices rising and falling in the fifth week of 2020 (2.3-2.7). The top two commodities are power coal (1.47%) and petroleum coke (1.38%). There are 8 kinds of commodities falling on a month on month basis, and 1 kind of commodities falling by more than 5%, accounting for 6.3% of the number of commodities monitored in the sector; the top 3 products falling are dimethyl ether (- 6.69%), Brent crude oil (- 2.98%) and liquefied gas (- 2.23%). This week’s average was – 0.82%.

3、 Future forecast

Although the holiday is over, the current terminal market is delayed to start, resulting in a significant reduction in demand, the manufacturer’s inventory pressure after the holiday is large, and the continuous interest to stimulate the downstream market, but there is no obvious effect, it is expected to continue to decline next week or the trend.

1、 Price trend:

On January 19, crude benzene commodity index was 73.60, flat with yesterday, down 44.17% from 131.84 (2013-01-28), the highest point in the cycle, and up 87.52% from 39.25, the lowest point on December 22, 2014. (Note: cycle refers to 2011-09-01 to now).

2、 Market analysis:

Domestic market: this week’s pure benzene is in a weak position. This week is the last trading week before the festival. Coking enterprises have a strong willingness to ship, but the traffic situation is relatively severe. Most coking enterprises’ prices are down. This week’s bidding price of crude benzene enterprises is down. The downstream hydrogenated benzene enterprises are generally under construction, which has a great impact on logistics. As of Friday, the price of crude benzene in Shandong fell slightly to 4600 yuan / ton left Right, 50 yuan / ton lower than last week.

Industry chain: crude oil: this week, oil prices fell in shock. Early in the week, the impact of tensions in the Middle East subsided, and the focus of the market turned to the impact of the surge in US oil product inventories. On Wednesday morning, the United States and China signed the first stage trade agreement, which was good for oil prices, and oil prices began to pick up. WTI fell 0.7% and Brent 3.78% compared to January 10. Pure benzene: near the Spring Festival, the port stock of pure benzene has accumulated. With the completion of downstream replenishment of inventory, the completion of traders’ replenishment of empty space and insufficient crude oil support, the operation of pure benzene is weak this week. Downstream: styrene price is stable this week compared with last week. Due to the downstream stock up before the festival, the shipment of aniline was smooth, and the price was increased by 1.56% compared with last week. Most of the downstream products of pure benzene are in the loss of theoretical production and lack of support for the price of pure benzene.

3、 Trend Forecast:

With the approaching of the Spring Festival holiday, the delivery volume of coke enterprises has increased, but due to the impact of logistics and transportation, the overall transaction situation is general, and the market price before the festival is difficult to fluctuate greatly.

1、 Price trend

According to the data in the business club’s large list, the price of aniline in Shandong Province rose 200 yuan / ton this week, and the market price of aniline in Shandong Province on Friday was 6400 yuan / ton, 3.23% higher than that on Friday; the price of aniline in Nanjing region rose 100 yuan / ton this week, and the market price on Friday was 6800 yuan / ton, 1.49% higher than that on Friday.

2、 Analysis and comment

Raw materials: this week’s pure benzene is weak, and the price is 5600-5950 yuan / ton on Friday. Near the Spring Festival, the port inventory of pure benzene has accumulated. With the completion of downstream replenishment of inventory, the completion of traders’ replenishment of empty space and insufficient crude oil support, the operation of pure benzene is weak this week.

Nitric acid edged down this week, down 1.04%.

Product: this week, in the event of the downstream pre Festival stock up, the aniline enterprise’s shipment is smooth, the inventory pressure is released, and the price is increased. In the second half of the week, the downstream stock slowed down, and the aniline factory mainly stabilized the price and delivered goods.

3、 Future expectation

Raw materials: some factories put styrene into production in the later stage, which has a certain positive support for the demand for pure benzene. However, the announcement of the latest Sino US trade agreement raised industry concerns about the inflow of styrene from the United States. The market price of styrene has a downside risk, which is bad for the pure benzene market. It is expected that the price of pure benzene will be lower in the later period.

The downstream stock up is basically over, and the aniline shipment volume is back to normal. Considering the approaching Spring Festival, the market is going to have holidays one after another, the pace of trading slows down, and the price fluctuation is limited. It is expected that aniline will run stably next week.

1. Trade name: silicon metal (441 × 3)

2. Latest price (January 17, 2020): 11858.33 yuan / ton

The price of 441 × silicon in each region is as follows:

The price range of metal silicon in Fujian is 11300-11400 yuan / ton, in Sichuan is 11600-11700 yuan / ton, in Kunming is 11600-11700 yuan / ton, in Shanghai is 12400-12600 yuan / ton, in Tianjin port is 11900-12100 yuan / ton, in Huangpu port is 11900-12100 yuan / ton 。

3. Analysis points:

Near the Spring Festival, the trading volume is fading, the overall trading volume of silicon metal is moving down, and the market average price is mainly stable. At the end of the factory, the desire to receive orders fell before the year; the buyer’s early stocking operation was near the end; in addition, transport vehicles in various regions were hard to find, and the metal silicon gradually entered the spring festival atmosphere.

4. Future forecast: close to the Spring Festival, coupled with tight freight, it is expected that the short-term stable and strong operation of silicon metal will prevail.

1、 Price trend

2、 Market analysis

This week, the domestic potassium sulfate Market was on the sidelines, with low market turnover enthusiasm and stable start-up. The operating rate of the potassium sulphate industry in Mannheim, Hebei Province is about 70%, which is temporarily stable. The mainstream quotation is also maintaining stability at a virtual high level. 50% of the powder is 2600 yuan / ton, 50% of the particles and 52% of the total water-soluble powder is 2700 yuan / ton. When the actual transaction is completed, there is no small space for large order preferential. In South China, 50% of the main stream of powder is priced at 2700-2850 yuan / ton, and 52% of the main stream of powder is priced at 2800-2950 yuan / ton, all of which are negotiated separately.

3、 Future forecast

According to analysts of potassium sulphate of business association, the demand in winter is relatively small, the downstream operating rate is affected by the weather relatively low, the price is weak, the market transaction is relatively cold, and the low market of potassium sulphate is still difficult to change in the short term.

1、 Price trend

According to the bulk data monitoring of the business agency, the price of chloroform in Shandong continued to decline this week, with the average price at the beginning of the week at about 2200 yuan / ton, and at the end of the week at 2100 yuan / ton, down 4.55% in the week.

2、 Cause analysis

Product reason: due to the traditional off-season of trichloromethane market, the downstream demand is flat, and the demand side support is insufficient. Although the overall inventory of the market is low, it is still unable to prevent the weak operation of trichloromethane price. At present, the regional quotation is about 2100 yuan / ton, Jiangxi Liwen’s quotation is about 3050 yuan / ton, and Jiangsu’s quotation is about 3400 yuan / ton.

Industrial chain: in the upstream, the methanol market continues to be strong, with local strength. At present, it is about 2195 yuan / ton; the liquid chlorine market is stable, moderate and volatile, and the downstream demand is flat. At present, it is about 300-450 yuan / ton. On the downstream side, the domestic refrigerant market is in short supply and the downstream stock is picking up, and the weekly price is slightly higher; the pharmaceutical agricultural market and solvent industry just need to be flat, and the price of chloroform is generally supported.

Industry: according to the price monitoring of the business agency, there are 11 kinds of commodities in the rise and fall list of bulk commodity prices on January 9, 2020, among which there are 2 kinds of commodities with an increase of more than 5%, accounting for 2.4% of the number of commodities monitored in this sector; the top 3 commodities with an increase are glycol (6.93%), ammonium chloride (5.09%) and DMF (4.29%). There are 6 kinds of commodities with a decline in the month on month, and the top 3 products were bisphenol A (- 4.40%), epichlorohydrin (- 2.73%) and potassium sulfate (- 0.90%).

3、 Future forecast

According to the data analyst of methane chloride of business association, at present, it is in the off-season of chloroform, with low inventory of enterprises and poor downstream demand. Under the condition of weak supply and demand, it is expected to operate in a weak way in the short term.

1、 Price trend

The domestic market price of dimethyl ether (Henan) rose continuously this week. At the beginning of the week, the average price of domestic dimethyl ether (Henan) market was 3083.33 yuan / ton, and at the end of the week, the average price was 3146.67 yuan / ton, up 2.05% in the week, 12.02% lower than the same period last year.

2、 Market analysis

Product: the trading atmosphere of methyl ether (Henan) market on Tuesday is good. As of January 10, devices such as Hebei Yutai, Henan lankaohuitong and Shanxi Lanhua technology venture Co., Ltd. had been shut down for maintenance; there was no quotation for the failure of the new dimethyl ether device in Henan Yima. The ex factory price of Shengxin dimethyl ether in Qinyang, Henan Province is 3200 yuan / ton, that of Henan xinlianxin Chemical Industry Group Co., Ltd. is 3290 yuan / ton, that of Hebei Jichun Chemical Co., Ltd. is 3600 yuan / ton, that of Shandong Dezhou shengdeyuan company is 3520 yuan / ton, and that of Shandong Yuhuang is 3350 yuan / ton.

On Tuesday, the market of methyl ether rose in general, especially in Henan. The market operating rate continues to decrease. At present, the operating rate is at a low level and the overall market supply is reduced. This week, the methanol market increased significantly, the liquefied gas market continued to rise, the gas ether gap continued to open, the downstream bullish mentality was obvious, the main purchase into the market, the overall shipment of manufacturers was relatively smooth, the mentality was strong, and the prices were continuously increased. In the later stage, due to the sharp fall of international crude oil, the market was constrained to go up, and the enthusiasm for entering the market in the lower reaches turned to be weak, and the price subsequently stabilized, with some manufacturers slightly reducing the price.

Industry: according to the price monitoring of the business association, in the first week of 2020 (1.6-1.10), there are 6 kinds of commodities in the list of rise and fall of bulk commodity prices in the energy sector, including 1 kind of commodity with a rise of more than 5%, accounting for 6.3% of the number of commodities monitored in the sector; the top 3 commodities are methanol (5.24%), fuel oil (3.70%) and dimethyl ether (2.05%). There are 8 kinds of commodities falling on a month on month basis, 2 kinds of commodities falling by more than 5%, accounting for 12.5% of the number of commodities monitored in the sector; the top 3 products falling are LNG (- 6.45%), WTI (- 5.54%) and Brent (- 4.71%). This week’s average was – 0.69%.

3、 Future forecast

Dimethyl ether analysts believe that at present, the international crude oil has been lowered, which has some impact on the market. The terminal demand is limited. With the completion of a new round of replenishment in the downstream market, the main consumption inventory is delisting. However, at present, liquefied gas is at a high level, which supports the market to a certain extent. It is expected that the future market will be adjusted in the short term or sideways.

1、 Price trend

The antimony commodity index on January 10 was 53.77, unchanged from yesterday, down 47.45% from 102.32 (2012-10-16), the highest point in the cycle, and up 14.45% from 46.98, the lowest point on December 24, 2015. (Note: cycle refers to 2012-09-08 to now).

2、 Market analysis

Upstream and downstream: on Wednesday, the price of antimony oxide fell with the trend of antimony ingot. As of Friday, the average price of antimony oxide was 99.5% at 33500 yuan / ton, and 99.8% at 36000 yuan / ton. In terms of raw materials: the delivery and investment of mining enterprises are light, some mines are still shut down for maintenance in winter, and the delivery and investment are limited, and most mines are shut down for maintenance or suspend the delivery quotation.

Domestic market: the antimony ingot market fell this week, mainly due to the approaching of Spring Festival, the approaching of holidays for most manufacturers, the impending suspension of logistics and transportation, the end of downstream stock up ahead of time, and a significant decline in market volume. In terms of price, as of Friday, the average price of 2 × low bismuth antimony ingots is 37000 yuan / ton, 1 × antimony ingots is 37500 yuan / ton, 0 × antimony ingots is 38500 yuan / ton, and 2 × high bismuth antimony ingots is 34500 yuan / ton.

Nonferrous Industry: this week, the market shrouded in the risk sentiment brought about by the US Iraq conflict. Crude oil and gold soared, and nonferrous metals were passively pressured, first suppressed and then raised. As the United States announced to replace the full-scale war with economic sanctions, the risk aversion mood was eased, and the low metal level gradually picked up.

3、 Future prospects

Next week will usher in the first round of signing the Sino US trade agreement. There are a lot of data in the United States, and it is expected that the U.S. dollar will still have room to continue to recover. China will face the delivery of the 2001 contract. With the delivery for another month, downstream consumption will gradually enter the Spring Festival holiday mode, and consumption will obviously turn weak, and basic metals will fall under pressure after surging. From next week, it will be closed in recent years. Most manufacturers will have a holiday. The market is light and the price is stable.

1、 Price trend

According to the sample data monitored by the business agency, as of January 3, the average price of domestic BDO market was 9756 yuan / ton, with a 1.25% increase on a month on month basis and a 3.17% decrease on a year-on-year basis.

2、 Market analysis

Product: this week, the focus of domestic BDO market is high. The factory and traders all reflect the tight spot supply in the market. Some of the main factories led by Merck announced the listing price in January and controlled the delivery, showing a clear intention to support the market. BDO industry continues to promote Linked Settlement and marketing, but there is strong resistance in the main downstream, some long-term negotiations are stranded, waiting for more clear information guidance. Sinopec’s catalyst replacement unit was restarted, and Tunhe phase II was successfully commissioned on December 30. Before the load of each factory was reduced, the market supply might increase, and the industry’s wait-and-see mood will rise again. After entering January, although BDO plant has plans to reduce its load, some downstream factories will have holidays in advance before the Spring Festival, and the demand will gradually turn weak, and the game between the supplier and the demander will continue.

In terms of devices, this week, Tianye’s first phase 30000 ton device is in normal operation, and the second phase two 60000 ton devices will be restarted in February 2020; black cat will be restarted on December 20, with recent products; Chongqing Jianfeng will be shut down for maintenance on December 15, with an estimated one month; Sinopec’s first device will be replaced with catalyst; Tunhe second phase 100000 ton device will be successfully commissioned on December 30. In January, MEC, Tunhe, Kaixiang, Dongyuan and Shanhua had plans to reduce the burden. This week, the overall market operating rate is about 69.2%. (domestic production capacity increases by 60000 tons / year for Shaanxi black cat and Xinjiang new industry, 100000 tons / year for Tunhe phase II, and 30000 tons / year for Shaanxi chemical and Yizheng Dalian long-term parking)

Industrial chain: in terms of raw materials, methanol, the domestic methanol market rose slightly this week, with a good trading atmosphere. The delivery price of the Northern Line in Inner Mongolia is concentrated at 1730-1760 yuan / ton, and that of some enterprises of the southern line is reported to 1780 yuan / ton, so the inventory reduction of enterprises is smooth. The mainstream prices in Guanzhong region increased by 20-30 yuan / ton to 1780-1880 yuan / ton ex factory spot exchange. The downstream and traders entered the market actively to make up for the vacancy. Most of the main enterprises have no inventory and sell with production, mainly in Sichuan, Chongqing, Shandong and other regions. Xinjiang, Ningxia and other regions rose 30 yuan / ton, Baofeng still maintained a high level of foreign mining in the week, and the market trading was smooth. In terms of units, the production of the two 300000 ton units in Huating, Gansu Province was resumed on December 31, with a total daily production increment of 2000 tons. After the second phase methanol feeding test run in Yulin Yankuang, it has entered the maintenance state, which has little impact on the market.

Calcium carbide: this week, domestic calcium carbide price is mainly stable with a slight increase. Wuhai area and Ningxia area deliver goods smoothly with low inventory. This week, the factory price is mainly stable. The situation of short supply makes the calcium carbide manufacturers more bullish, waiting for the downstream purchasing manufacturers to increase. From the perspective of upstream raw materials, the weak market of Lancan in Shaanxi Province has declined, civil procurement has come to an end, and large material market transactions have declined. At the same time, the downstream construction of calcium carbide did not improve significantly, and the inventory pressure of small and medium-sized materials of manufacturers was on the high side. About 800-860 yuan / ton for large materials, 680-720 yuan / ton for medium materials and 650-700 yuan / ton for small materials. At this stage, the arrival of downstream purchasing manufacturers is not regional. Up to now, only Henan region is restricted by goods to increase the purchase price, and the supply of goods from other regions is still enough to support production, mainly with a wait-and-see attitude. Near the Spring Festival, the supply of goods transportation, weather problems may have some impact on the price change, but the trend of domestic calcium carbide price rise has been determined, and it is expected that the price of calcium carbide will be slightly increased next week.

3、 Future forecast

At present, the domestic BDO industry has entered a critical period of transformation of the old and new sales modes, and some downstream enterprises have strong resistance to the hanging settlement mode. Following the release of January load reduction news from BDO plant, some downstream companies want to follow up the production reduction, and the game between the supplier and the demander continues. Sinopec’s overhaul unit has been restarted, Tunhe phase II test run has been successful, the market supply may increase, the industry’s wait-and-see mood is gradually rising, and the January delivery time is relatively short, the downstream demand gradually turns weak, some of the long-term requirements have not been implemented. Before a consensus on hanging settlement was reached in the upstream and downstream markets, BDO analysts of the business agency predicted that the domestic BDO market would wait and sort out next week, focusing on the device dynamics and marketing issues.