Price trend

According to the data of the business club’s block list, the domestic PA66 market was strong in early January, and the spot prices of various brands rose. As of January 12, the average offer price of PA66 medium viscosity injection molding sample enterprises was about 29650 yuan / ton, which was 0.85% lower than the average price level at the beginning of the month.

In terms of adipic acid upstream of PA66, according to the monitoring of business community, the market fluctuated in early January. On the 6th, it reached a high of 8100 yuan / ton, and on the 12th, it returned to the average price level at the beginning of the month, with the current amplitude of 0.75%. At the end of last month, many regions showed the state of trading price for volume, some dealers’ quotations dropped, and the prices dropped from a high level. At present, the price of upstream pure benzene is rising due to the promotion of crude oil and external market, and the strengthening of raw materials is beneficial to the price of adipic acid. In terms of market supply, the operating rate of manufacturers reached about 80% last month, and the market supply was relatively abundant. Recently, the downstream inquiry has increased, and there is just a need to enter the market before the festival, which supports the firm offer of businesses. However, the overdraft demand of the downstream stock before the festival does not rule out the possibility that the factory digests the inventory and purchases weakly after the festival. It is expected that adipic acid will continue to operate at a high level in the near future.

Adipic acid can support the cost of PA66. In the early stage, the operating rate of Zhejiang Huafeng increased and the supply increased. In the first ten days of January, there was no news that the supply side continued to rise. The improvement of the overall operating rate of domestic production lines was limited, and the current spot situation was still in short supply. There is no pressure on PA66 inventory at present, and polymerization plants and businesses are willing to support the price. In addition, the high level of adipic acid in the upstream is firm and the supply of goods in the site is tight, so PA66 has cost pressure. Before New Year’s day, international manufacturers have issued price increase letters for PA66 and its products in the industrial chain, and domestic spot prices are also supported by the external market.

Business analysts believe that: PA66 in early January domestic market trend is strong, spot prices rose. The fluctuation of upstream product market supports the cost of PA66. At present, the price of PA66 is at a high level, and the high level of the cost side is also a pressure. Downstream take goods passive follow-up, just need to buy, market mentality is OK. PA66 market is expected to remain high in the short term.

1、 Price trend

This week, the distribution price of sulfuric acid in Shandong rose, from 422.50 yuan / ton at the beginning of the week to 430.00 yuan / ton at the end of the week, an increase of 1.78%. Overall, the sulfuric acid market rose this week, with the sulfuric acid commodity index at 49.42 on January 8.

2、 Market analysis

From the quotation of manufacturers, the price of mainstream sulfuric acid manufacturers in Shandong Province rose this week, the inventory of manufacturers was small, and the downstream demand was better. Heze Jiangyuan quoted 460 yuan / ton at the weekend, which was temporarily stable compared with the beginning of the week; Zouping Tianlu quoted 290 yuan / ton at the weekend, which was increased by 30 yuan / ton compared with the beginning of the week; Jinan Yuanfei quoted 400 yuan / ton, which was temporarily stable compared with the beginning of the week; Taiyuan kunshengda quoted 570 yuan / ton at the weekend, which was temporarily stable compared with the beginning of the week.

From the perspective of the upstream and downstream industry chain, the sulfur market in the upstream has dropped slightly recently, with general cost support. However, the market prices of monoammonium phosphate, diammonium phosphate and bromine in the downstream rose slightly, which had a positive impact on sulfuric acid. At the same time, in the near future, some sulphuric acid plants are under construction, the load is reduced, and the sulphuric acid supply is tight.

3、 Future forecast

In the middle of January, the sulfuric acid Market in Shandong may fluctuate slightly. The price of sulfur in the upper reaches has been consolidated at a high level in recent years, the market in the lower reaches is better, the purchasing enthusiasm of sulfuric acid in the lower reaches is normal, and the product trend rises under the contradiction between supply and demand. Business community sulfuric acid analysts believe that the short-term Shandong market in the supply and demand and raw materials and other aspects of the impact of sulfuric acid market or small shock rise.

This week, the domestic liquid ammonia market basically ended last week’s rise, and the prices in Hebei and Shandong fell at the beginning of the week. According to the monitoring of the business community, the mainstream quotation in Shandong was 3000-3150 yuan / ton, with a drop of about 100 yuan / ton, and a drop of 0.85% according to the monitoring of the business community.

The price of liquid ammonia in Shandong Province generally declined, maintaining the steady state of last week. Due to the slight increase of inventory, the manufacturer’s price continued to decline by about 100 yuan / ton. The ammonia quantity in Shandong Province is basically in the balance of supply and demand, which still has some support for the price. In the downstream, the demand for agricultural fertilizer in the off-season is slightly insufficient, which is also the main reason for the weak price of liquid ammonia.

In other regions, the price of large factories in Hebei followed closely the price trend in Shandong. At the weekend, the price of large factories decreased by 50-70 yuan / ton. The volume of liquid ammonia in this region gradually slowed down. On the one hand, affected by the epidemic situation in Hebei, the pace of manufacturers’ delivery of goods slowed down. However, as the two large factories previously overhauled in Northeast China have started up, the export volume in Northeast China has declined, and the price support has declined. At present, the price of liquid ammonia is in the range of 3100-3250 yuan / ton.

In the future, the business association thinks that next week, the liquid ammonia market may be slightly adjusted. On the one hand, due to the normal operating rate of the manufacturers, there are not many maintenance manufacturers, and the inventory of large factories is in a state of accumulation. On the other hand, the current downstream off-season, the purchase of the negative effect of shrinking fermentation. It is expected that liquid ammonia may still have downward space next week.

In December, the domestic butadiene market dropped sharply. According to the sample data monitored by the business community, the domestic butadiene market price was 92009926 yuan / ton at the beginning of the month and 7751 yuan / ton at the end of the month, with a decrease of 21.91% within the month and a year-on-year decrease of 6.07%.

The domestic butadiene market fell rapidly. Although some of the Northeast suppliers were shipped for export, the restart of Lotte plant led to weak external market. The start-up of Shandong Huayu and Wanhua plants and the export of Fushun Petrochemical led to weak market supply. Affected by the environmental protection and production restriction, the downstream construction was poor, the demand performance was low, and the contradiction between supply and demand was intensified, which dragged the market down continuously. At the end of the month, some downstream positions were filled before the festival, which once led the market to rise, but the supply was abundant and the demand was difficult to sustain, and the market returned to a weak position after a short-term shock.

In terms of enterprises, Sinopec’s East China butadiene supply price has increased by 900 yuan / ton month on month, with the implementation of 10100 yuan / ton since November 23; Sinopec’s East China butadiene supply price has decreased by 2100 yuan / ton month on month, with the implementation of 8000 yuan / ton since December 25; and sipang’s 100000 ton / year oxidative dehydrogenation unit Fushun Petrochemical’s 160000 T / a extraction unit was in stable operation, with an increase in export sales in the second half of the month, and the total volume of on-line export sales in the month was 2460 tons; Wuhan Petrochemical’s 130000 T / a extraction unit was shut down for maintenance on October 17 and restarted on December 22; Shandong Huayu’s 60000 T / a extraction unit was shut down in January and restarted in early December for its own use Mainly.

Enterprise, price (yuan / ton), plant dynamic

Zhenhai Refining & Chemical Co., Ltd. operates normally with an annual capacity of 1.68 million tons

Normal operation of 80.12 million T / a plant in Shanghai Petrochemical Company

Yangzi Petrochemical’s 80.12 million T / a unit operates normally

The 80.2 million T / a plant of Sinopec is in normal operation and mainly supplied by each other

Maoming Petrochemical’s 80.15 million T / a unit is in normal operation, mainly for mutual supply and a small amount for export

Guangzhou Petrochemical’s 80.03 million T / a unit is in normal operation, mainly for mutual supply and a small amount for export

Wuhan ethylene 80.13 million T / a plant restart on December 22

External price: as of December 30, the external price of butadiene in Asia was stable: FOB Korea closed at US $1105-1115 / T; CFR China closed at US $1055-1065 / T. The external price of butadiene in Europe was stable: FOB Rotterdam closed at 920-930 USD / ton; FD closed at 765-775 EUR / ton in northwest Europe.

With the restart of Wuhan Petrochemical Company and Jiangsu sipang plant and the gradual release of Yantai Wanhua production, the supply side of domestic butadiene market will be abundant next month, and it is expected that the supply pressure will be increased after part of the source of export is transferred to domestic sales. In terms of downstream demand, affected by environmental protection and other factors, the construction of latex and tire industries in the downstream of northern China has declined, and the supply and demand fundamentals have not been significantly improved. Business community butadiene analysts expect that the domestic butadiene market is mainly in the doldrums in the short term.

Price trend

According to the data monitoring of business news agency, the price of plasticizer DOP rose first and then fell in December. The price of DOP rose sharply in the middle of the month, and then stabilized. At the end of the month, the price lost its support and fell in shock. On December 22, the price of DOP reached the highest point of 10566.67 yuan / ton, an increase of 8.19% compared with the price at the beginning of the month; on December 31, the average price of DOP quotation was 10350.00 yuan / ton, a decrease of 2.05% compared with the highest point of the month.

Upstream market of industrial chain

It can be seen from the octanol price trend chart that the octanol price rose sharply in the first and middle of December, and then stabilized. The rise of octanol price leads to the rise of DOP raw material cost, which promotes the rise of DOP price. As the octanol price tends to stabilize, DOP’s rising momentum weakens, and DOP’s price loses support.

From the trend chart of phthalic anhydride, it can be seen that the price of phthalic anhydride has been declining all the way in December, and the cost of phthalic anhydride, the raw material of DOP, has decreased, which has great pressure on the decline of DOP. In the first and middle of the month, due to the support of octanol price and the excessive growth of phthalic anhydride in the early stage, the pressure on the decline of DOP is limited. However, with the stabilization of octanol price, the decline of phthalic anhydride price highlights the downward pressure on DOP, and DOP will fall in the future The pressure is high.

Downstream market of industrial chain

It can be seen from the PVC price trend chart that the PVC price rose first and then fell in December, and the overall PVC market fell sharply, with a monthly decline of 8.54%. PVC market fell sharply, DOP demand fell, DOP downstream market weak, plasticizer DOP market bad increase.

Market summary and future expectation

Bai Jiaxin, DOP data analyst of business society, believes that DOP prices rose sharply in early December due to the support of octanol price. With the stabilization of octanol price, phthalic anhydride price continued to fall, DOP cost decreased, and DOP price lost support. In contrast, the PVC market fell in the last ten days, PVC prices plummeted, DOP demand was weak, downstream customers’ purchasing enthusiasm was low, and the downward pressure of DOP increased sharply. Generally speaking, the cost of DOP is decreasing, the demand of DOP is decreasing, the purchasing enthusiasm of DOP downstream customers is decreasing, the DOP market is falling in the future, the pressure of DOP falling is increasing, and the DOP price is expected to have a larger decline in the future.

Acetone market in East China fell by 30% in December

Acetone price trend in East China market in December

Acetone market fell mainly in December, and showed a broad decline trend towards the end of the month. According to the monitoring data of the business news agency, in the East China market, the daily price on December 1 was 8850 yuan / ton, while the daily price on December 30 was 6200 yuan / ton, with an overall decline of 29.94%. On the morning of the 30th, Yangzhou market was opened down by 800 yuan / ton, and the offer was executed by 6200 yuan / ton. The follow-up of market trading atmosphere is limited, and the weather is getting colder near the end of the year. The mentality of cargo holders is obviously under pressure. After this wave of sharp decline, the terminal factory slightly inquires for orders, and the trading volume of replenishers is still insufficient.

Quotation of mainstream factories and market in December

The downstream market fell sharply. On the one hand, the market of bisphenol A fell a lot. After the epoxy resin downstream of bisphenol a lost its favorable policy support, the liquid resin showed a sharp decline, from nearly 30000 yuan / ton to 21500 yuan / ton at present. With the decline of market price, the operating rate of the industry gradually declined, which was a bad support for the raw material bisphenol A. According to the monitoring data of business news agency, the market of bisphenol a dropped from 18860 yuan / ton to 13325 yuan / ton in December, down 29.88%, and there were few transactions near the end of the month, and the price of real order was lower. On the other hand, the operating rate of downstream MMA and MIBK plants has declined. Under the current situation, coupled with weather reasons, many factories have holidays ahead of time, and some factories have lower operating rate due to environmental protection reasons, resulting in the decline of purchasing demand of terminal factories and the further decline of market demand for raw materials.

Market price trend of bisphenol A in December

First, pure benzene showed a downward trend in December. After entering the middle of December, the market of pure benzene in Shandong turned around and went down. According to the monitoring of business news agency, the daily price of pure benzene in Shandong fell from 4566 yuan / ton on December 10 to 4204 yuan / ton at the end of the month, with an overall decline of 7.93%. Second, the raw material propylene also showed a downward trend after entering the middle of December, from 8191.4 yuan / ton on the 10th to 7330 yuan / ton at the end of the month, with an overall downward trend of 10.52%. Especially in the latter half of the year, the external supply continued to flow in, the supply increased significantly, the enterprise inventory was under pressure, the real order space increased, and the downstream delivery continued to decline, which made the market information chaotic Under the cold trading, the market kept falling. Both raw materials showed a downward trend, and the support for the downstream was obviously insufficient.

In the view of the business community, the market trading performance is cold, the operator’s mentality is under pressure, the offer of the goods holder keeps falling, and the offer of the downstream is also bottomless. Under the pressure of the goods holder, the two-day decline is more than 1000 yuan. As the new year’s Day holiday approaches, factory replenishment has not improved significantly. The business community expects that the acetone market will continue to maintain a weak operation, and the market just needs to follow up before the festival. However, the market offer is expected to stop falling and rise slightly. Currently, the mainstream market in East China is offering 6200 yuan / ton, and the short-term negotiation range in East China may be 6100-6300 yuan / ton.

1、 Price trend

According to the price monitoring of business news agency, the trend of sulfur price in East China this week was stable. The average price of sulfur production in the week was 1013.33 yuan / ton, up 101.33% year on year.

2、 Market analysis

This week, the domestic sulfur market was stable as a whole. The inventory of refineries in various regions of China was low. The quotation of sulfur in the week was stable and small. The downstream factories and traders purchased on demand, and the shipment was smooth. The port’s cargo rights were concentrated. The shippers had a positive attitude and had no intention to ship at a low price. During the week, Sinopec’s price of solid sulfur in East China Shanghai Gaoqiao Petrochemical Company increased by 30 yuan / ton, and that of liquid sulfur in Jinling Petrochemical Company increased by 20 yuan / ton, while that of other enterprises was temporarily stable; Sinopec’s price of solid and liquid sulfur in Shandong Province was stable, ranging from 1020 to 1050 yuan / ton; Sinopec’s price of solid sulfur in North China was 910-920 yuan / ton, while that of liquid sulfur was increased by 30 yuan / ton, ranging from 890 to 980 yuan / ton.

Downstream phosphate fertilizer market trading slightly flat, winter storage fertilizer pull up, the price is on the high side, the overall price trend stable operation. In terms of sulfuric acid, the domestic market performance is stable. The main manufacturers in Shandong have stable start-up, stable prices and better downstream demand. It is expected that the sulfuric acid market will run smoothly in the later period.

3、 Future forecast

Future forecast: sulfur analysts of business society believe that the domestic sulfur market is running smoothly, the domestic refinery inventory remains low, the downstream demand is fair, the low price is hard to find, and the quotation is firm. It is expected that the short-term sulfur market will be stable.

1、 Price trend of epichlorohydrin

(Figure: p-value curve of epichlorohydrin product)

2、 Market analysis

Epichlorohydrin market prices rose this week. According to the data of the business club’s block list, as of December 27, the average price quoted by epichlorohydrin enterprises was 12666.67 yuan / ton, up 4.11% compared with the beginning of the week, and down 3.06% compared with November 27.

Recently, some factories have been shut down for maintenance. The overall operating rate of the market is not high, and the dealers support the market. However, the follow-up of downstream demand is insufficient, the purchasing enthusiasm is not high, the replenishment is just needed, and the market transaction atmosphere is not warm. On December 25, the mainstream price of epichlorohydrin in Shandong was around 11900-12000 yuan / ton.

According to the data monitoring of the business agency, the price of epichlorohydrin of some enterprises is summarized (for reference only, the spot price of the merchants depends on the market, and the actual transaction price is mainly through negotiation.)

Enterprise market price specification date

Shandong rongnuo Chemical Sales Co., Ltd. ﹣ 12400 yuan / ton ﹣ premium products; 99.9% min ﹣ 2020-12-25

Aite (Shandong) new materials Co., Ltd.? 12500 yuan / ton,? High quality products; 99.9% min? 2020-12-24

Jinan Mingwei Chemical Co., Ltd. ﹣ 12500 yuan / ton ﹣ GB 99.9 ﹣ 2020-12-24

Jinan Mingyu Chemical Co., Ltd. ﹣ 12500 yuan / ton ﹣ GB 99.9 ﹣ 2020-12-24

Shandong Yukang Chemical Co., Ltd. > 13000 yuan / ton; 99.9% min 2020-12-22

Jinan aochen Chemical Co., Ltd. ﹣ 12500 yuan / ton ﹣ high quality products; 99.9% min ﹣ 2020-12-21

Zibo tengshuo economic and Trade Co., Ltd.? 12300 yuan / ton? Excellent products; 99.9% min? 2020-12-21

Upstream propylene, December 25, Shandong propylene market prices generally downward. According to the price chart of the business community, propylene prices rose continuously in late November, with an increase of over 12%. From the end of the month to the beginning of the month, the price remained stable again. On the 4th, the price began to rise comprehensively. From the 3rd to the 8th, the price rose about 450 yuan / ton, up 5.90%. On the 9th, the price remained stable. On the 10th, some enterprises made up for the price rise, and some enterprises fell slightly. On the 11th, the price began to decline for the second time, and continued to decline on weekends. On the 14th, the price dropped 200-250 yuan / ton On the 21st, the overall price rose by about 50 yuan / ton and then remained stable. On the 24th, the price fell individually. Today, the price generally declined by 50-100 yuan / ton. Now, the market transaction is between 7800-8150 yuan / ton, and the mainstream price is between 7800-7850 yuan / ton. Now the factory stock is general, the shipment is a little cold.

On December 25, the market of downstream epoxy resin was in a weak state. At present, the cost pressure is slowing down, the enthusiasm of downstream inquiry and purchase is not high, the factory delivery is not smooth, and some prices are down.

3、 Future forecast

According to the epichlorohydrin analysts of business news agency, the current market supply is limited, which has certain support for the price. However, the price of raw material propylene is reduced, the cost support is weakened, and the downstream enthusiasm is insufficient. The market continues to play games. It is expected that in the short term, the epichlorohydrin market may focus on the range arrangement, and more attention should be paid to the market information guidance.

According to statistics, the domestic price of phthalic anhydride will decline in 2020. The price at the beginning of the year is 6300 yuan / ton, and the price at the end of the year is 5750 yuan / ton. In 2020, the price of phthalic anhydride will drop by 8.73% in the whole year. The highest price of the whole year will appear on November 25, with the highest price of 7537.5 yuan / ton. The lowest price of the whole year will appear on April 5, with the lowest price at the end of the year of 4300 yuan / ton, with the maximum amplitude of 75.29% The price trend can be roughly divided into three stages: the first stage is from the beginning of the year to the beginning of April, when the price of phthalic anhydride falls sharply; the second stage is from early April to late November, when the market price of phthalic anhydride rebounds and rises; the third stage is from the end of November to the end of the year, when the market price of phthalic anhydride rises and falls.

In the first stage, the domestic price of phthalic anhydride dropped sharply from 6300 yuan / ton at the beginning of the year to 4300 yuan / ton at the beginning of April, a drop of 31.75%. The domestic phthalic anhydride market fell sharply. First, the operating rate of domestic phthalic anhydride market remained at a high level of about 70%, downstream factories maintained just need to purchase, factory inventory pressure continued, high-end transactions were blocked, and the wait-and-see mentality was strong. The domestic phthalic anhydride plant operated stably, the spot supply of phthalic anhydride was sufficient, the delivery situation was not good, and the price of phthalic anhydride kept falling. Second, the price of upstream raw material o-benzene has been declining. The domestic market price of o-benzene has dropped from 6200 yuan / ton to 3800 yuan / ton, with a decrease of 38.71%. In addition, the spot supply of o-benzene is sufficient during this period, and the port inventory has been above 20000 tons. The price of upstream raw material o-benzene has dropped sharply. The market price of phthalic anhydride has lost cost support and the market price of phthalic anhydride has declined. Third, due to the poor demand of downstream plasticizer industry, the market price of phthalic anhydride is not good, and the market price of phthalic anhydride is greatly reduced.

The second stage is from early April to late November when the market price of phthalic anhydride rebounds. The price in early April was 4300 yuan / ton, up to 7537.5 yuan / ton in late November, up by 75.29%. During this period, the domestic market price of phthalic anhydride remained volatile from early April to October. From October to late November, the domestic market price of phthalic anhydride rose rapidly. During this period, some manufacturers stopped their plants, the operating rate of phthalic anhydride dropped to about 60%, the spot supply decreased, some manufacturers’ orders increased, there was no overstock in the market, and the market price of phthalic anhydride rose sharply. In addition, the market price of upstream raw material o-benzene has risen recently, the port o-benzene is sold well, the inventory has been exhausted, there are many o-benzene maintenance devices in the field, the spot supply of o-benzene is very tight, and the price of phthalic anhydride is affected by the cost support. The downstream starts generally, mainly purchases on demand, and has a strong wait-and-see mentality. The maintenance of domestic phthalic anhydride plants has increased, and the delivery of phthalic anhydride in the yard has improved. Recently, the domestic plasticizer market has risen sharply, the DOP market price has risen sharply, and the plasticizer industry has risen sharply. Driven by the sharp rise in the downstream market price, the domestic phthalic anhydride market price has skyrocketed.

The third stage is from the end of November to the end of the year, when the market price of phthalic anhydride rises and falls. The market price of phthalic anhydride dropped by 23.71% from 7537.5 yuan / ton at the end of November to 5750 yuan / ton at the end of the year. At this stage, the domestic market price of phthalic anhydride dropped rapidly, and the market price of phthalic anhydride in East China continued to decline. The downstream factories maintained just purchasing, the factory inventory pressure increased, and the high-end transaction was blocked. Recently, the factory inventory increased, and the market price of phthalic anhydride declined. In East China, the mainstream price of neighboring France is 5700-5900 yuan / ton, and in naphthalene method is 5500-5700 yuan / ton; in North China, the mainstream price of phthalic anhydride market is 5700-5900 yuan / ton, most of the manufacturers in the market price callback, the downstream start-up is not high, the demand procurement is main, the wait-and-see mentality is strong, the domestic phthalic anhydride plant is stable, the spot supply of phthalic anhydride in the market is sufficient, and the downstream demand of phthalic anhydride is low The demand for phthalic anhydride decreased, and the price trend of phthalic anhydride continued to decline. In addition, the price of upstream phthalic acid continued to decline, the maintenance device of phthalic acid continued to restart, the spot supply increased, and the price of phthalic acid dropped. As a result, the phthalic anhydride market lost cost support and the price of phthalic anhydride declined. The downstream DOP market price remained high, the downstream demand was normal, the customer purchasing enthusiasm was general, the DOP high-end transaction was blocked, the DOP market mainstream transaction price remained high, but the phthalic anhydride market price continued to fall due to the poor spot delivery situation, so the phthalic anhydride market price fell rapidly.

On the whole, the market trend of phthalic anhydride in China will fall by 8.73% in 2020. Phthalic anhydride manufacturers reflect that phthalic anhydride still has losses and profits will decline in 2020. The price trend of phthalic anhydride upstream in 2020 is as follows:

As can be seen from the upstream trend chart of o-benzene, the price trend of o-benzene is similar to that of phthalic anhydride market. However, in 2020, the impact of NEFA phthalic anhydride on o-phthalic anhydride will be greater, the market of o-phthalic anhydride will be depressed, and the market price of phthalic anhydride will decline.

The market price trend of phthalic anhydride downstream DOP is as follows:

In 2020, the price of downstream DOP will rise sharply, with an annual increase of 43.12%. The good market situation of downstream plasticizer industry is a major positive impact on the phthalic anhydride industry, and the market price of phthalic anhydride will not decline due to this impact.

From the price trend chart of domestic phthalic anhydride in recent four years, it can be seen that the high price of phthalic anhydride market generally appears in the fourth quarter, and the price trend of phthalic anhydride market declines in the second and third quarters. The market demand of phthalic anhydride market is general in 2020, and the market has declined. However, phthalic anhydride manufacturers report more losses in the first and third quarters of 2020, and it is expected that the domestic market price of phthalic anhydride will decline significantly in 2021, which is less likely for the plasticizer industry Due to the recovery of the real estate market, the demand may rise, so the market price of phthalic anhydride may rise in 2021. It is estimated that the highest price of phthalic anhydride market in 2021 may be in the fourth quarter, with the highest price of about 7500 yuan / ton, and the lowest price may be in the second quarter, with the lowest price of about 4500 yuan / ton.

1、 Price data:

According to the data monitoring of the bulk list of business associations, the domestic bromine market has been rising steadily in recent years. As of December 22, the average price of bromine in Shandong was about 33277 yuan / ton, an increase of 2.22% compared with the beginning of the month, and an overall increase of 7.93% over the same period last year.

2、 Cause analysis

Recently, affected by the cold weather in northern China, many bromine manufacturers have stopped, and the spot supply in the market continues to decline. In addition, Weifang district is approaching the parking period, the market supply is not expected to be sufficient, the overall inventory in the industry is low, and the enterprise’s price intention is good, while the downstream market is weak, the overall demand is soft, the conflict with high bromine price is obvious, and the game between supply and demand in the industry is obvious Mainstream bromine enterprises offer about 33000-34000 yuan / ton.

On the upstream side, the domestic sulfur market is stable and firm, and there is no low-cost shipping intention of the shippers. At present, the downstream demand is stable, the transaction is good, and the procurement is mainly based on demand. The future market pays attention to the follow-up of the downstream, which is about 1013 yuan / ton. The price of mainstream sulfuric acid manufacturers is temporarily stable, and the inventory of manufacturers is small, and the downstream is active in purchasing sulfuric acid, which is about 437 yuan / ton. The price of caustic soda is weak and stable OK, the purchasing demand of downstream market is general, and there is a certain conflict with the current price of caustic soda. At present, it is about 485 yuan / ton. It is expected that the follow-up or narrow range of caustic soda consolidation will be weak. The main downstream flame retardant market of bromine is running smoothly, and the industry starts to operate smoothly. The demand for bromine is general, and the overall intention of receiving goods is insufficient, which conflicts with the high price of bromine.

3、 Future forecast

According to the bromine industry analysts of the business society, the enterprises in Weifang, the main bromine production area in China, have basically entered the shutdown period and can only recover after passing the acceptance inspection on February 19, 2021. The supply side of the market is difficult to recover in a short time, while the performance of the downstream market is flat, the support of the demand side is insufficient, and the game between supply and demand is seesaw. It is expected that bromine will continue to operate stably in a short period of time.