1、 Price trend

According to commodity data monitoring, isopropanol prices rose sharply this month. At the beginning of this month, the average price of isopropanol in China was 7900 yuan / ton, and the average price at the end of this month was 10566.67 yuan / ton. The price of isopropanol increased by 33.76% within the month.

2、 Market analysis

Chart: comparison chart of acetone and isopropanol price trend from September to November

The price of isopropanol in China rose sharply this month. In the international market, isopropanol closed stable in the US market on the 24th, and isopropanol in the European market was basically stable on the 24th. In January, the price of acetone in domestic market rose sharply, followed by isopropanol, and slightly decreased at the end of the month. Up to now, the negotiation range of isopropanol in Shandong Province is about 10500-11000 yuan / ton, and that in Jiangsu Province is about 10500 yuan / ton. Zhejiang isopropanol negotiation range is around 10200 yuan / ton.

In terms of raw materials, according to the monitoring of bulk commodity data, the price of acetone rose this month. At the beginning of the month, the average price of domestic acetone was 6775 yuan / ton, and the average price at the end of this month was 9450 yuan / ton. The price of acetone increased by 39.48% within the month. The acetone market rose a lot this month, which strongly supported isopropanol, and the price of isopropanol also went up.

Propylene, according to the monitoring of commodity data, propylene prices rose this week. At the beginning of the month, the average price of domestic acetone was 6737.36 yuan / ton, and the average price at the end of this month was 7739.18 yuan / ton, and the price was increased by 14.87% within the month. At present, the inventory of propylene manufacturers is small, and the crude oil price has dropped slightly, but the downstream market is better and the increase is more obvious. Therefore, it is expected that the propylene price will continue to rise in the near future.

3、 Future forecast

Isopropanol analysts from the chemical branch of business club believe that: the market price of raw material acetone has risen sharply, the market price of propylene has been raised, and the cost support is strong, which has boosted the price of isopropanol. In terms of demand, the current export situation is relatively stable. Domestic market demand is general, many manufacturers do not offer. It is expected that the price of isopropanol will fall slightly in the short term, and follow-up attention will be paid to the changes in the news.

As of November 27, the average price of acetic acid in East China was about 3300 yuan / ton, up 2.59% compared with the beginning of the week and 24.84% higher than that at the beginning of the month. At present, there are 3150-3300 yuan / ton in Shandong, 3400-3500 yuan / ton in Jiangsu, 3450-3550 yuan / ton in Zhejiang, 3250-3300 yuan / ton in Henan, 3250 yuan / ton in Hebei, 2850 yuan / ton in Northwest China and 3500-3600 yuan / ton in South China.

This week, the domestic acetic acid market supply is still tight. Although some parking and maintenance enterprises gradually resume production, the gap in the market supply side is still difficult to make up for. Enterprises are pushing forward with the trend, and the downstream market is buying rigid demand, which conflicts with the high price of acetic acid, and the game atmosphere between supply and demand in the industry is intensified.

Affected by the weather in some areas of methanol market, there is no quotation for shutdown and maintenance of units. The inventory of production enterprises is not high, and the attitude of the industry is mostly optimistic. At present, the profits of traders are fair, and the domestic methanol market is expected to fluctuate in the short term. On the downstream side, due to the high production cost and the maintenance of some enterprises, the market supply of acetate is tight, and the price continues to rise. As a whole, there is a certain resistance to the high price of acetic acid. The future market should pay attention to the market situation of raw materials.

Recently, the supply of international acetic acid market is tight, and the price of acetic acid in various regions has been running steadily. At present, the acetic acid Market in Asia is about 430-450 US dollars / ton; the European market is about 560 euro / ton; and the North American market is about 490 US dollars / ton.

The acetic acid analysts of the business society believe that the domestic acetic acid market continues to rise, and the enterprises in North China have reduced the supply of goods in the market. However, the downstream industries and traders have been mainly buying the rigid demand recently, which is in conflict with the high price of acetic acid. The enthusiasm of the trade in the industry is declining. It is expected that the acetic acid market will be stable in a short period of time.

According to the data monitored by the business agency, as of November 25, the average price of domestic rubber grade white carbon black was 4766.67 yuan / ton, which was running smoothly and just needed to be purchased. The price remained stable, and the overall market supply and demand were balanced. The quotation range was maintained between 4000-5000 yuan / ton, with smooth shipment and sufficient inventory.

The domestic rubber grade silica market has a stable trend. At present, the shipment is smooth, the negotiation atmosphere is general, and the demand is not good. The downstream just needs to purchase, and the merchants take the goods carefully, and the shipment is slow. At present, the price of fumed silica is about 22000 yuan / ton. The domestic supply and demand of fumed silica are balanced, and the shipment is slow. The Changtai micro nano factory in Shouguang City, Shandong Province, 5300 yuan / ton, Shandong Lihua new materials Co., Ltd Ltd. 5100 yuan / ton, Boai County Xiangsheng silicon powder Co., Ltd. 4100 yuan / ton.

The quotation of upstream hydrochloric acid market manufacturers is temporarily stable, and the market trend is stable. The quotation is mainly stable. The trading atmosphere is maintained at the previous level. In the short term, the hydrochloric acid market mainly operates stably.

On November 24, the chemical index was 863, down 2 points from yesterday, 15.06% from the highest point 1016 (2012-03-13), and 44.31% higher than the lowest point 598 on April 8, 2020. (Note: period refers to 2011-12-01 to now)

White carbon black analysts believe that: in the short term, the silica market maintains a stable operation situation, and the price fluctuation range is limited. (the above prices are provided by major silica manufacturers all over the country and sorted out and analyzed by business silica analysts for reference only. Please contact relevant manufacturers for more price details.)

According to the data monitored by the business agency, as of November 20, the average price of domestic rubber grade white carbon black was 4766.67 yuan / ton, which was running smoothly and just needed to be purchased. The negotiation focus was stable, and the overall market supply and demand were balanced. The quotation range was maintained between 4000-5000 yuan / ton, with smooth shipment and sufficient inventory.

The rubber grade silica market is stable, the manufacturer’s quotation is stable, the negotiation atmosphere is general, the demand is not good, the downstream just needs to purchase mainly, take the goods carefully, the delivery is slow, the logistics is smooth, the current gas phase silica price is about 22000 yuan / ton, the domestic supply and demand of fumed silica is balanced, the shipment is slow, Shandong Shouguang Changtai Weina factory is 5300 yuan / ton, Shandong Lihua new materials Co., Ltd Ltd. 4800 yuan / ton, Boai County Xiangsheng silicon powder Co., Ltd. 4200 yuan / ton.

The upstream hydrochloric acid market price rose slightly, the downstream just needed to purchase, the trading atmosphere maintained the previous level, the cost support was general, and the current status was maintained in the short term.

On November 19, the chemical index was 854 points, up 6 points compared with yesterday, 15.94% lower than 1016 points (2012-03-13), and 42.81% higher than 598 points, the lowest point on April 8, 2020. (Note: period refers to 2011-12-01 to now)

White carbon black analysts believe that: in the short term, the silica market maintains a stable operation situation, and the price fluctuation range is limited. (the above prices are provided by major silica manufacturers all over the country and sorted out and analyzed by business silica analysts for reference only. Please contact relevant manufacturers for more price details.)

1、 Price trend

According to the monitoring data of business agency, this week, the domestic soda ash market is weak. The average market price in East China was 1866.67 yuan / ton at the beginning of the week and 1850 yuan / ton at the weekend, down 0.89%, up 6.94% over the same period last year. On November 15, the commodity index of light soda ash was 94.87, flat with yesterday, 19.51% lower than the highest point of 117.86 (2017-11-21) and 50.23% higher than the lowest point of 63.15 on November 18, 2015. (Note: period refers to 2011-09-01 to now)

2、 Market analysis

According to the business agency, the domestic soda ash market is temporarily stable, the market atmosphere is light, and downstream manufacturers are cautious and wait-and-see attitude. The price of soda ash in Shandong is stable for the time being, and the mainstream light caustic soda is quoted at 1850-1950 yuan / T. the market atmosphere is fair, and the downstream manufacturers are cautious. It is expected that the price of soda ash will be stable in the short term. For the price of soda ash in Central China, the mainstream market price of light soda ash is about 1600-1700 yuan / ton, and the market atmosphere is OK. However, the overall downstream manufacturers are cautious, and it is expected that the price of soda ash will be stabilized in the short term.

Raw materials: domestic crude salt trading atmosphere is good this week, and prices in some regions are stable and rising. The operation of sea salt is stable, the well and mineral salt areas perform well, and the price rises. The performance of lake salt is not good, the downstream purchasing intention is not good, and the market performance is weak.

Demand: this week, glass prices are mainly stable, with little increase. In the Shahe area of North China, the market transaction was good this week, the manufacturers’ inventory was low, and the glass prices of some enterprises increased slightly, up about 0.3 yuan / square meter. Generally speaking, the orders of downstream processing enterprises are better, and the inventory of production enterprises is lower than that of the same period last year.

According to the price monitoring of the business agency, in the 45th week (11.9-11.13) of 2020, there are 3 kinds of commodities rising and 2 kinds of falling commodities in the price rising and falling list of chlor alkali industry, and there are 0 kinds of commodities that rise or fall to 0. The main commodities that rose were calcium carbide (3.05%), PVC (1.85%) and hydrochloric acid (0.81%); the main commodities falling were caustic soda (- 1.01%) and light soda ash (- 0.89%). This week, the average rise and fall was 0.76%.

Analysts from the business agency believe that: the performance of soda ash market is weak, downstream manufacturers purchase on demand, enterprises actively ship, downstream procurement is mainly on-demand procurement, traders hold a wait-and-see attitude, and the market price changes little. According to the comprehensive forecast, the domestic soda ash market in the short term is still in the range arrangement, with small fluctuations.

1、 Price trend:

According to the data of business club, the market of domestic PA6 was positive in the second week of November. As of November 13, the mainstream offer price of 2.75-2.85 from the traders was around 11566.67 yuan / ton, an increase of 7.10% compared with the average price at the beginning of the month.

2、 Analysis of influencing factors:

PA6 upstream caprolactam market fluctuated in October, turned warm, and still rose in November. As of November 13, the average ex factory price of caprolactam liquid in China was 10000.00 yuan / ton, an increase of 2.04% compared with the average price at the beginning of the month. On the supply side, the supply of caprolactam began to decrease in the second half of October. Although some short repair factories will resume work next week, the supply of caprolactam is still tight in the short term. In the aspect of raw material pure benzene, the market of pure benzene is still upward due to the good orientation of styrene and styrene, but the sentiment of chasing up styrene is weakened, and the inventory of pure benzene port also appears high. This week, the price of pure benzene consolidation is high, and the support for caprolactam is acceptable. It is expected that caprolactam market will continue to be better in the short term.

In November, PA6 market shock adjustment, this week PA6 slice market strength, all brands of products generally rose larger. The situation of supply reduction of upstream lactam remained unchanged, Sinopec’s high-end caprolactam increased to increase market confidence, and the spot price support of PA6 was acceptable. The current trend of the far upstream crude oil fluctuates upward, which is good for the chemical industry chain. In this month, PA6 downstream staple fiber and other enterprises mainly digest and prepare inventory. However, due to caprolactam holding up the price of PA6, some enterprises enter the market to pursue the increase and replenish. The conventional spinning high-speed spinning chips are generally single, and the market of PA6 is up due to the positive upstream.

3、 Future forecast:

Business agency analysts believe: domestic PA6 market rose in the second week of November. The trend of upstream caprolactam rose this week, and the cost side support of PA6 was acceptable. Downstream factories just need to take delivery of goods, and some of them pursue rising prices to take goods. The on-site trading is fair. Analysts expect the spot price of PA6 will rise in the near future due to the positive upstream.

According to the data monitored by the business agency, as of November 10, the price quoted by pet water bottle manufacturers was 4866.67 yuan / ton, and the polyester bottle chip market was running in a weak position, with a slight downward trend. The price range of mainstream manufacturers is around 4750-4850 yuan / ton, and the mainstream negotiation in South China is 4750 yuan / ton. The overall polyester bottle chip market is weak and volatile, the purchasing atmosphere is cold, the downstream demand is general, and new customers order The number of single units is limited.

The domestic polyester bottle chip market is in a weak position. The downstream demand is weak, the inventory pressure is too high, and the price is slightly reduced. The market negotiation center is moving downward. The mainstream factories are low-priced and the weak is running in shock. The number of new orders is limited. The contract customers are the main customers. They just need to purchase and buy as you need. At present, the polyester bottle chips in East China are operating at a low level. The prices of mainstream manufacturers are around 5000-5100 yuan / ton in South China The main market negotiation price is 5000-5100 yuan / ton. At present, the shipment is smooth and the inventory is general.

The upstream PTA market is weak, the pet cost support is weak, and the market focus is weak. At present, the shipment is normal and the inventory is general.

On November 9, the rubber and plastic index was 704 points, down 1 point compared with yesterday, 33.58% lower than 1060 (2012-03-14), and 33.33% higher than the lowest point 528 on April 06, 2020. (Note: period refers to 2011-12-01 to now)

Pet analysts of business agency believe that: in the short term, pet market is weak and volatile, and inventory pressure remains. (the above prices are provided by major pet manufacturers all over the country and analyzed by pet business analysts for reference only. Please contact relevant manufacturers for more price details.)

At 24:00 on November 5, the domestic oil product market price was lowered, but the international crude oil price rose as a whole, the domestic oil product market bullish sentiment rose, and the gasoline and diesel oil prices rose as a whole. According to the monitoring data of the business agency, the gasoline price on November 6 was 5213 yuan / ton, up 0.73% from the beginning of the week; on November 9, the price of diesel oil was 4636 yuan / ton, up 1.74% from the beginning of the week.

The sharp rise in international crude oil prices this week is mainly due to trump’s claim that he has won the US presidential election, mainly considering Trump’s sanctions against Iran and his positive attitude towards the implementation of OPEC + production reduction. At the same time, EIA data showed that the US commercial crude oil inventory data also had a significant positive effect on oil prices, and the US crude oil inventory fell sharply. The good news in the later part of the week was exhausted, and the international oil price was slightly reduced. However, the overall international oil price rose, with WTI crude oil price increasing by 3.77% and Brent crude oil price rising by 3.98%.

In terms of gasoline demand, the weather turned cold, and the number of car trips increased slightly, but the boosting effect on the gasoline market demand was very limited. In addition, the implementation of price adjustment and reduction of domestic refined oil, the wholesale and retail price of gasoline was reduced, and the terminal market was purchased on demand; in terms of diesel demand, the domestic weather was getting colder, and outdoor operations such as road engineering and infrastructure construction entered the rush period, and the demand for diesel oil was good, plus international crude oil The domestic diesel price has a good upward trend, but the overall supply of diesel oil market is sufficient, and the rising range of diesel price is limited.

As of October 30, the average start-up load of the daily decompression unit was about 75%, and the start-up load of the refinery increased slightly, and the domestic refined oil supply was relatively sufficient.

Lu Xingjun, an oil product analyst at the business club, believes: affected by the foreign epidemic situation, the international crude oil demand is not good. In the short term, the international crude oil will continue to be under pressure, and the domestic demand for refined oil is lack of good support. It is expected that the domestic oil product price will be stable and small in the short term.

1、 Price trend of lithium hydroxide

(Figure: P value curve of lithium hydroxide products)

2、 Market analysis

The market of lithium hydroxide remained stable this week. As of November 6, the average price of domestic industrial grade lithium hydroxide enterprises was 54666.67 yuan / ton, which was flat compared with the beginning of the week, and fell by 4.09% year-on-year in a half year cycle, according to the data of the business club’s bulk list. This week, the turnover of lithium hydroxide Market was limited, and the market remained stable for the time being.

The upstream lithium carbonate, according to the data monitoring of the business agency: on November 5, the price of lithium carbonate remained stable. On November 5, the average price of industrial grade lithium carbonate in East China was 39500 yuan / ton, which remained stable compared with the beginning of the month (the average price of industrial grade lithium carbonate in East China on November 1 was 39500 yuan / ton). On November 5, the average price of battery grade lithium carbonate in East China was 44200 yuan / ton, which remained stable compared with the beginning of the week (the average price of battery grade lithium carbonate in East China on November 1 was 44200 yuan / ton).

On November 5, the commodity price index of lithium carbonate and lithium hydroxide was 75.44, which was the same as yesterday, 13.67% lower than 87.39 (2019-07-02), and 1.55% higher than the lowest point of 74.29 on September 20, 2020. (Note: the period refers to January 1, 2013 to now)

According to the price monitoring of the business agency, on November 5, 2020, there were 15 kinds of commodities in the chemical industry sector that rose on a month on month basis in the list of commodity prices up and down on November 5, 2020. The top three commodities were 1,4-butanediol (3.32%), styrene (3.13%) and crude benzene (2.35%). There were 8 kinds of commodities with a decrease of more than 5%, accounting for 1.1% of the total number of commodities monitored in this sector; the top three products were DMF (- 7.41%), propylene oxide (- 4.05%), propylene glycol (- 2.50%). The average rise and fall was 0.05%.

3、 Future forecast

Lithium hydroxide analysts of the business club believe that the price of lithium carbonate in the upstream is still stable in the near future, the cost side has some support, and the downstream demand is flat. It is expected that the industrial grade lithium hydroxide Market will be stable in the short term, and more attention should be paid to the market news guidance.

1、 Price trend

According to the business club, the price of aniline is stable this week. On October 25, the price of aniline in Shandong was 6600-6700 yuan / ton, and that in East China was 6700-6800 yuan / ton; on October 30, the price of aniline in Shandong was 6600-6700 yuan / ton, and that in East China was 6700-6800 yuan / ton, which was the same as last week.

2、 Analysis and comment

In terms of cost, pure benzene showed a downward trend this week, mainly driven by the drop in crude oil. Although the price rise of styrene in the downstream has brought benefits, the fundamentals of pure benzene itself are weak, the entry of downstream units is delayed, the port inventory is high, and the market focus is weak. On Sunday (November 1), the listed price of pure benzene was 3350-3650 yuan / ton (the average price was 3575 yuan / ton), down 50 yuan / ton or 1.38% from last week.

The price of nitric acid has been rising since the middle of September. On Friday (October 30), the production price of nitric acid in East China was 1616.67 yuan / ton, up 33.34 yuan / ton or 2.11% compared with last week.

Last week, King Jinling had a set of aniline plant restart, market supply tension eased, prices began to stabilize. Aniline prices continue to maintain stable this week, enterprises no pressure to ship, supply and demand balance.

3、 Future expectations

In terms of cost, the port pressure of pure benzene remains unchanged, and the process of de stocking is slow. In addition, the price difference between internal and external markets is large, and the import pressure is increasing. However, in November, the downstream is expected to have new demand, which has a certain support for the price of pure benzene, and the pure benzene has a good resistance to fall. It is expected that the trend of pure benzene will remain weak and stable next week.

There are more stops in aniline plant and less market supply. The downstream profit is good, the operating rate is high, and the demand for aniline is well supported. It is expected that aniline prices will continue to rise next week.