According to the monitoring of bulk data of Business News Agency, the mainstream price of styrene in Shandong has risen recently. At the beginning of the week, the average price of styrene in Shandong was 8600.00 yuan/ton, and at the end of the week, the average price of styrene in Shandong was 8550.00 yuan/ton, down 0.58%. The price fell 4.04% from the same period last year.

styrene

Recently, the styrene market price fluctuated and fell. It can be seen from the above figure that the recent price of styrene has been mainly rising in shock, and the price has started to decline this week. The international crude oil price fell continuously, the pure benzene market fell, the cost support was poor, the downstream demand was recovering, and the styrene market mainly fell with the cost decline.

In terms of raw materials, the trend of pure benzene this week fluctuated. On January 30, the price of pure benzene was 7000-7300 yuan/ton (average price: 7150 yuan/ton), and on Thursday (February 2), the price of pure benzene was 7000-7100 yuan/ton (average price: 7050 yuan/ton), up 0.11% from last week and 1.46% from the same period last year. The fundamentals of pure benzene continue to be weak, and the downstream is more wait-and-see, and the purchase intention is general; Crude oil continued to fall in the week, and the cost of pure benzene market formed a negative pressure; Downstream styrene slightly strengthened, boosting the pure benzene market.

Downstream, the three major downstream of styrene rose and fell in different ways. At the beginning of this week, the average price of PS common material was 9733 yuan/ton, and at the end of the week, the average price of PS common material was 9633 yuan/ton, down 1.03%. At present, the PS market is weak, styrene continues to be weak, merchants are weak in shipping, and the focus of negotiation is moving down. Reference for quotation of mainstream brands excluding tax: Zhenjiang Qimei PG33 reported 10330-10340 yuan/ton, Taiwan Taihua 5250 reported 9100 yuan/ton, Ningbo Taihua 535N reported 9090-9100 yuan/ton, Shanghai SECCO 123P reported 9280 yuan/ton, Thai Petrochemical 150 reported 9880 yuan/ton, Guangzhou Petrochemical 525 reported 8440-8450 yuan/ton.

Recently, the EPS price fluctuated and consolidated. The overall turnover weakened on a month-on-month basis. The average price of EPS ordinary materials is 10275 yuan/ton, and the buying enthusiasm is not high. The EPS market quotation is weak, and the manufacturers maintain a stable price for shipment, and the terminal demand performance is low.

Recently, the domestic ABS market has risen slightly. According to the data monitoring of the Business News Agency, the average price on February 3 was 12100 yuan/ton, 0.82% higher than the average price at the beginning of the month. At present, the downstream factories, including the main terminal appliance industry, are in order to prepare goods, and the recent demand is fair, and the goods are normally transported in the field. Buyers and merchants followed the market and performed steadily.

The crude oil price has fallen continuously and the cost support is general, but the downstream recovery is accelerating, and the styrene inventory on the floor is low. It is expected that the styrene market will be subject to higher volatility.

The price of aluminum fluoride fell this week

According to the data of Business News Agency, as of February 6, the average price of domestic aluminum fluoride was 11075 yuan/ton, down 4.94% from 11650 yuan/ton on January 29. The cost fell, and the price of aluminum fluoride fell this week.

The price of raw materials fell

According to the monitoring of the Business News Agency, as of February 6, the price of fluorite was 3150 yuan/ton, down 0.40% from the price of 3162.50 yuan/ton on January 29 last weekend; As of February 6, the price of hydrofluoric acid was 10000 yuan/ton, down by 8.50% from 10928.57 yuan/ton on January 29. The price of raw materials fluorite and hydrofluoric acid fell, the cost of aluminum fluoride fell, and the downward pressure on aluminum fluoride increased.

Downstream prices fall after the holiday

According to the monitoring of the Business News Agency, as of February 6, the price of electrolytic aluminum was 18750 yuan/ton, down by 1.28% from 18993.33 yuan/ton on January 29. After the holiday, the demand for aluminum ingots remains weak, the price of electrolytic aluminum fluctuates and falls, the demand for aluminum fluoride is weak, and the downward pressure on aluminum fluoride is increased.

Market overview and forecast

Analysts of the aluminum fluoride industry of the Business Agency believe that the price of raw materials fluorite and hydrofluoric acid fluctuated and fell after the holiday, while the price of aluminum fluoride raw materials fell; The price of electrolytic aluminum fluctuated and fell, and the demand for aluminum fluoride was weak. As the cost of aluminum fluoride decreases, the demand is weak, and the downward pressure on aluminum fluoride is increased. It is expected that the price of aluminum fluoride will fall in the future.

The domestic cobalt price fell sharply in January

According to the data monitoring of the Business News Agency, as of January 31, the domestic cobalt price was 297200 yuan/ton, down 8.10% from the cobalt price of 323400 yuan/ton on January 1. Both supply and demand in the cobalt market are weak, the international cobalt price continues to fluctuate and fall, the cobalt salt price falls in a weak way, and the domestic cobalt price falls sharply.

MB cobalt price fell sharply in January

From the trend chart of MB cobalt price in January, it can be seen that the MB cobalt price fell sharply in January, the MB cobalt price fell sharply in the first ten days, the MB cobalt price fell slightly in the middle and late ten days, the international cobalt price fell, the domestic cobalt market fell, the domestic cobalt price fell pressure increased, and the downward pressure of the future cobalt price remained.

LME cobalt price fell sharply in January

It can be seen from the LME cobalt price trend chart that the LME cobalt price fell sharply in January, the LME cobalt price fell in the first ten days of January, the cobalt price stabilized in the middle and late ten days, the international cobalt price fell, and the domestic cobalt market fell. With the cobalt price stabilized, the downward pressure on the domestic cobalt price weakened in the future.

The price of cobalt salt fell slightly in January

It can be seen from the cobalt salt price trend chart that the cobalt salt price fell slightly in January, but the decline of cobalt salt slowed down, the downward pressure on the cobalt market industry chain weakened, and the downward pressure on the domestic cobalt market weakened.

Overview and prospect

Bai Jiaxin, an analyst with the data of Business News Agency, believes that the international cobalt price fell sharply in January, and the domestic cobalt market was negative. The downward pressure of the cobalt market remained, the decline of the cobalt salt price slowed down, and the downward pressure of the domestic cobalt price weakened. It is expected that the future cobalt market will be weak and stable.

Recent price trend of hydrochloric acid

As can be seen from the above figure, the domestic market price of hydrochloric acid fell slightly this month. The price of hydrochloric acid dropped from 174.00 yuan/ton on January 1 to 154.00 yuan/ton on January 30, a drop of 11.49%. The price at the end of the month fell 47.97% year-on-year.

The hydrochloric acid commodity index on January 29 was 45.79, which was the same as yesterday, down 66.79% from the highest point of 137.89 (2021-10-26) in the cycle, and up 154.67% from the lowest point of 17.98 on September 5, 2012. (Note: the period refers to September 1, 2011 to now)

The upstream support is insufficient, and the downstream procurement increases and decreases

From the manufacturer’s quotation, the domestic hydrochloric acid market fell slightly this month, and the downstream demand was average.

From the perspective of the upstream and downstream industrial chain, the upstream liquid chlorine market has consolidated at a low level and the cost support is general. The market price of downstream ammonium chloride rose from 1145.00 yuan/ton at the beginning of the month to 1157.50 yuan/ton at the end of the month, up 1.09%, up 7.67% from the same period last year. The market price of downstream polyaluminum chloride fell slightly, from 2033.75 yuan/ton at the beginning of the month to 2001.25 yuan/ton at the end of the month, down 1.60%, down 20.19% from the same period last year. The downstream market fell slightly, and the enthusiasm of downstream manufacturers for hydrochloric acid procurement weakened.

The market fell slightly in the aftermarket

In the first half of February, the market of hydrochloric acid was mainly subject to small fluctuations. The upstream liquid chlorine market was low and the cost support was general. The downstream ammonium chloride and polyaluminum chloride market prices fell slightly, and the downstream purchasing enthusiasm increased. Analysts from the Business News Agency believe that the recent market of hydrochloric acid may be dominated by a small fluctuation.

1、 Price trend

It can be seen from the above figure that the domestic isobutyraldehyde market price rose slightly this week. The average price of domestic isobutyraldehyde in the mainstream market rose from 6733.33 yuan/ton at the end of last week to 7100.00 yuan/ton at the end of this week, up 5.45%. Compared with the same period last year, it fell 58.24% year-on-year. The isobutyraldehyde commodity index on January 15 was 36.04, which was the same as yesterday, down 65.86% from the cycle’s highest point of 105.58 (2021-09-16), and up 19.65% from the lowest point of 30.12 on October 7, 2022. (Note: the period refers to the period from September 1, 2021 to now)

2、 Market analysis

The prices of mainstream isobutyraldehyde manufacturers rose this week.

From the perspective of the upstream and downstream industrial chain, the propylene market in the upstream raw material market of isobutyraldehyde rose slightly this week, with the price rising from 7250.60 yuan/ton at the end of last week to 7330.60 yuan/ton at the end of this week, up 1.10%. The market price of upstream raw materials rose slightly, and the cost support increased. Affected by the supply and demand side, it had a positive impact on the price of isobutyraldehyde. From the perspective of the downstream industry chain, the market price of neopentyl glycol is low, and the price is 9133.33 yuan/ton. The market price of neopentyl glycol is low, and the downstream demand is general, which has a negative impact on isobutyraldehyde.

3、 Future prospects

The market trend of isobutyraldehyde may rise slightly in the middle and late January. The upstream propylene market rose slightly, with good cost support. The market price of neopentyl glycol in the downstream market was low, and the enthusiasm of downstream procurement was general. The isobutyraldehyde analyst of the Business Club believes that the short-term isobutyraldehyde market may be mainly subject to a small fluctuation under the influence of supply and demand, raw materials and other aspects of the isobutyraldehyde market.

According to the data monitored by the Business News Agency, as of January 13, the average price of PMMA for domestic general transparent premium products was 14875.00 yuan/ton, and the price was stable this week. Compared with the same period last week, the price change was not obvious. At present, the market supply and demand are balanced and the delivery is slow.

This week, the domestic general transparent premium PMMA operated smoothly, and the logistics was gradually shut down near the end of the year. The quotation range of mainstream manufacturers remained around 15000 yuan/ton. The overall market supply and demand was balanced, and the manufacturers gave up profits and took orders, and the downstream just needed to purchase. The enterprise quotation: Shanghai Hongqi Plastic Technology Co., Ltd. 14800 yuan/ton.

Rubber and plastic index: The rubber and plastic index stood at 664 points on January 12, which was the same as yesterday, down 37.36% from the highest point of 1060 points in the cycle (2012-03-14), and up 25.76% from the lowest point of 528 points on April 6, 2020. (Note: the period refers to 2011-12-01 to now)

PMMA analysts of Business Agency believe that PMMA will maintain stable operation in the short term.

The price of aluminum fluoride fell weakly after the holiday

According to the data of Business News Agency, as of January 6, the average price of domestic aluminum fluoride was 12075 yuan/ton, down 1.02% from 12200 yuan/ton on January 1. The cost fell, and the price of aluminum fluoride fell after the holiday.

The price of raw materials fell in shock

According to the monitoring of the Business Agency, as of January 6, the price of fluorite was 3175 yuan/ton, down 3.79% from the price of 3300 yuan/ton on January 1; As of January 6, the price of hydrofluoric acid was 11214.29 yuan/ton, down 10.29% from 12500 yuan/ton on January 1. The price of raw materials fluorite and hydrofluoric acid fell, the price of raw materials fell, the cost of aluminum fluoride fell, and the downward pressure on aluminum fluoride increased.

Downstream demand decline

According to the monitoring of the Business News Agency, as of January 6, the price of electrolytic aluminum was 17706.67 yuan/ton, down by 5.30% from 18696.67 yuan/ton on January 1. The economic recovery was less than expected, the price of electrolytic aluminum fell, the demand for aluminum fluoride was poor, and the downward pressure on aluminum fluoride increased.

Market overview and forecast

Analysts of the aluminum fluoride industry of the Business Agency believe that the prices of raw materials fluorite and hydrofluoric acid have dropped sharply after the holiday, and the prices of electrolytic aluminum have dropped in a volatile manner. As the cost of aluminum fluoride decreases, the demand is poor, and the downward pressure on aluminum fluoride is increased. It is expected that the price of aluminum fluoride will fall in a weak way in the future.

According to the data monitoring of the Business News Agency, the domestic price of LLDPE (7042) was 8392 yuan/ton on January 2, and the average price on January 6 was 8204 yuan/ton, with a decline of 2.25% during the period, 2.48% lower than that on December 1.

According to the data monitoring of the Business News Agency, the average ex-factory price of LDPE (2426H) was 9100 yuan/ton on January 2 and 9100 yuan/ton on January 6. During the period, the quotation remained stable, down 2.50% from December 1.

According to the data monitoring of the Business News Agency, the average ex-factory price of HDPE (5000S) was 8466 yuan/ton on January 2 and 8433 yuan/ton on January 6, with a decrease of 0.39% during the period and an increase of 0.40% compared with December 1.

The spot price of polyethylene showed a weak decline trend this week. Among them, the prices of LLDPE and HDPE were reduced, and the prices of LDPE were slightly firm. The decline in the price of crude oil at the cost side depressed the domestic polyethylene market. The new capacity of polyethylene was put into operation, and the pressure on the supply side continued to increase. The terminal demand is poor. According to statistics, the average operating rate of polyethylene downstream products decreased by 0.43% compared with the previous period.

On January 6, the opening price of polyethylene futures 2305 was 8011, the highest price was 8053, the lowest price was 7980, the closing price was 8031, the previous settlement price was 8017, the settlement price was 8015, up 14, the trading volume was 256578, the position was 356019, and the daily increase was – 3836. (Quotation unit: yuan/ton)

The enterprise plans not to have many parking and maintenance devices, and the polyethylene supply is sufficient; As the Spring Festival approaches, downstream enterprises have holidays one after another, and demand support is insufficient. PE analysts of the business association predict that PE may be mainly operated in a weak way.

Recent price trend of sulfuric acid

As can be seen from the above figure, the domestic sulfuric acid market price fell slightly this week, with the price of sulfuric acid falling from 286.67 yuan/ton at the end of last week to 280.00 yuan/ton at the end of this week, a decrease of 2.33%. Compared with the same period last year, it fell 56.70% year on year. The sulfuric acid commodity index was 43.58 on January 8, which was the same as yesterday, down 76.83% from the highest point of 188.07 (2022-04-13) in the cycle, and up 38.26% from the lowest point of 31.52 on June 6, 2019. (Note: the period refers to September 1, 2011 to now)

Upstream market fluctuates and rises, and downstream purchasing enthusiasm decreases

From the manufacturer’s quotation, the price of domestic mainstream sulfuric acid manufacturers fell slightly this week, and the manufacturer’s inventory was average.

From the perspective of the upstream and downstream industrial chains, the upstream sulfur market rose in a narrow range, with the sulfur price rising from 1270 yuan/ton at the end of last week to 1303.33 yuan/ton at the end of this week, up 2.62%. Compared with the same period last year, the year-on-year decline was 36.73%, and the upstream market fluctuated and rose, and the cost support increased. The downstream hydrofluoric acid market fell sharply, with the market price dropping from 12500.00 yuan/ton at the end of last week to 11214.29 yuan/ton at the end of this week, down 10.29%. Compared with the same period last year, it fell 4.96% year on year. The market price of titanium dioxide in the downstream market was low, and the market price was 15933.33 yuan/ton. Compared with the same period last year, it fell 23.15% year on year. The downstream market fell sharply, and the enthusiasm of downstream procurement weakened.

The market fell slightly in the aftermarket

In the middle and late January, the domestic sulfuric acid market may fall slightly. The upstream sulfur market has been fluctuating and rising recently, and the cost support has increased. The market prices of hydrofluoric acid and ammonium sulfate in the downstream fell sharply, the market prices of titanium dioxide stabilized at a low level, and the enthusiasm of downstream customers to purchase sulfuric acid weakened, and the product trend declined under the contradiction between supply and demand. The sulphuric acid analyst of the Business Society believes that the short-term domestic sulphuric acid market is mainly affected by supply and demand, raw materials and other factors, and the sulphuric acid market price may fall slightly.

After the festival, plasticizer DBP prices fluctuated and consolidated

According to the data monitoring of the business community, as of January 6, the DBP price was 9566.67 yuan/ton, which was more stable than the DBP price of 9566.67 yuan/ton on January 1. The price of raw materials fell and demand recovered. After the festival, DBP prices fluctuated and consolidated.

Adjustment of DBP raw material price fluctuation

According to the price monitoring of the business community, as of January 6, the price of phthalic anhydride was 8050 yuan/ton, down 0.16% from 8062.50 yuan/ton on January 1. The price of ortho benzene has stabilized, the cost of phthalic anhydride has stabilized, the decline of phthalic anhydride price has slowed down, and the downward pressure on DBP has weakened.

According to the price monitoring of the business community, as of January 6, the price of n-butanol was 8133.33 yuan/ton, down 0.41% from 8166.67 yuan/ton on January 1. The willingness to support the price of n-butanol in the market increased. The price of n-butanol fell first and then rose. The cost of DBP stopped falling and rose. The momentum for the rise of DBP in the future market increased.

Future market expectation

According to DBP data analysts from Business Club, the price of raw material phthalic anhydride fell slightly, the price of n-butanol fell first and then rose, and the cost of DBP raw materials stopped falling and rising. In the future, the DBP cost has stopped falling and the demand has recovered. It is expected that the DBP price will be strong and stable in the future.