According to the bulk list data of business society, as of July 28, the average quotation price of acrylic acid in East China was 10100.00 yuan / ton, down 27.51% from July 1, down 30.02% year-on-year in a three-month cycle, and down 26.10% from the same period last year.

Acrylic acid market fell in July. In the first half of the month, the raw propylene market was consolidated and operated, with general cost support. Some enterprises stopped for maintenance, and the acrylic acid operating rate decreased. However, the support for the market was limited, overseas demand weakened slightly, domestic downstream procurement was on demand, the demand side was poor, the market mentality was insufficient, and the acrylic acid price fell under pressure. In the second half of the month, the raw propylene market fluctuated and fell. The cost side support weakened, and the overall load rate of the market was not high, but the downstream procurement was cautious, the market transaction was just in need, the acrylic acid market fluctuated and fell, and the market atmosphere was light near the end of the month.

Upstream propylene, according to the bulk list data of business society, the domestic propylene (Shandong) market continued to fluctuate and decline in July, and the price further fell. At the beginning of the month, the market was 7680 yuan / ton, and the average price at the end of the month was 7234 yuan / ton, a monthly decrease of 5.81%.

According to the acrylic acid analyst of business club, at present, the cost support is limited, the demand follow-up is still insufficient, and the downstream procurement is cautious and wait-and-see mood is strong. It is expected that the acrylic acid market may operate weakly and stably in the short term, and more attention should be paid to the changes in market news.

This week, the domestic dimethyl ether Market as a whole fell, the market price in Henan was no longer strong, and most quotations were reduced. According to the monitoring data of business agency, the average price of dimethyl ether in Henan market was 3850 yuan / ton on July 17 and 3800.00 yuan / ton on July 25. The price remained unchanged during the period, up 14.58% compared with the same period last year.

As of July 25, the domestic market prices of dimethyl ether in various regions are as follows:

Region, mainstream quotation

Jiangxi Province, 3920 yuan / ton

Hebei. 3800 yuan / ton

Henan Province, 3730-3820 yuan / ton

This week, the domestic dimethyl ether Market as a whole continued to be weak, and most of the ex factory quotations in Henan market were reduced. After holding steady for many days, the dimethyl ether market finally ushered in a downward trend. At present, the market is dominated by negative factors. Although the raw material methanol market is volatile and rising, and the cost has brought some support to the market, due to the decline of international crude oil, the civil market price of liquefied gas, a related product, has been reduced, and the trend is weak. In addition, under the influence of the traditional off-season, the terminal demand is limited, and the market trading atmosphere is light. The manufacturer’s mentality is weak, and the disk is low.

In the spot market of raw methanol, the average price of domestic methanol in East China port market was 2404 yuan / ton on July 21, down 1.07% from the previous trading day. On the supply side, some major production enterprises have device maintenance, and some regions have limited production possibilities. From the demand side, the downstream just needs to purchase.

On the whole, the current raw material methanol market has increased, and the cost side has brought some support to the market. However, the civil LPG market of related products is weak and downward, with a bad market mentality. The downstream continues to maintain on-demand replenishment, and the market trading atmosphere is light. It is expected that the price of dimethyl ether market may still fall in the short term.

1、 Price trend

According to the bulk list data of business society, the average market price of 55% powdered monoammonium was 4650 yuan / ton on July 18, and the average market price of 55% powdered monoammonium was 4640 yuan / ton on July 25. The price of monoammonium phosphate fell 0.22% this week.

According to the bulk list data of business society, the average market price of 64% diammonium phosphate was 4700 yuan / ton on July 18, and 4725 yuan / ton on July 25. The price of diammonium phosphate rose 0.53% this week.

2、 Market analysis

This week, the ammonium phosphate Market is still in poor condition, and the trend is volatile and weak. The price of raw sulfur continues to decline, and the cost support is weakened. The transaction focus of downstream compound fertilizer was lowered, and the purchase of raw material monoammonium was reduced. Domestic demand for diammonium is less in the off-season, mainly for export. At present, most manufacturers of ammonium phosphate have suspended their quotation, and the quotation of traders is chaotic. This week, the market quotation of 55% powdered ammonium in Sichuan is about 4560 yuan / ton, and the market quotation of 58% powdered ammonium is about 4750 yuan / ton. There is no quotation in other regions, and the actual transaction is negotiated. This week, the market quotation of 64% diammonium in Yunnan is about 4700 yuan / ton, the market quotation of 64% diammonium in Guizhou is about 4750 yuan / ton, and the market quotation of 60% diammonium is about 4300 yuan / ton. The actual transaction is negotiated.

In terms of raw sulfur, sulfur prices continued to fall this week. The downstream demand continues to be weak, the enthusiasm for entering the market is general, the shipment of enterprises is poor, there is inventory pressure, there is a low-cost supply in the market, the downstream purchase is cautious, the enterprise quotation is downward, the sulfur support is weak, and the short-term sulfur market is weak.

In terms of raw phosphorus ore, the domestic phosphorus ore market has been running strongly this week. The market price of 30% grade phosphorus ore in Guizhou is around 1100-1150 yuan / ton, and the market price of 28% grade phosphorus ore is 980-1030 yuan / ton. At present, the downstream demand for phosphate rock is stable, and the trading atmosphere in the site is normal.

3、 Aftermarket forecast

According to the ammonium phosphate analyst of business agency, the current raw material price trend is weak, the market demand for ammonium phosphate is sluggish, the industry is cautious, and the focus of traders’ transactions is down. It is expected that the market of ammonium phosphate will continue to be weak in the short term.

According to the data of business agency, the chloroform market fell slightly this week (7.18-7.25). As of July 25, the price of chloroform apron in Shandong remained at 2850 yuan / ton, down 1.30% from 2887 yuan / ton last Monday.

Although Jinling Dongying and other methane chloride plants shut down, the domestic market supply continued to be loose; In addition, the operation of downstream refrigerants is low, and chloroform is purchased on demand, so there are few market transactions.

This week (7.18-7.25), the spot price of methanol rebounded slightly, and the cost support strengthened slightly, but the upper suppression was obvious, and the later rebound was difficult to continue. According to the business agency, as of July 25, the spot price of methanol was 2432 yuan / ton, up 1.62% from 2393 yuan / ton last Monday.

In the off-season of the industrial chain, the downstream refrigerant of chloroform operates stably, and the low level of operation is stable, which has a certain support for chloroform, but the support is still weak.

Analysts of methane chloride data of business agency believe that domestic supply pressure is still on; Refrigerant demand is supported to some extent, and chloroform is expected to maintain a narrow consolidation in the later period.

According to the monitoring data of business agency, as of July 22, 2022, the average ex factory price of domestic industrial grade dimethyl carbonate was 6866 yuan / ton, which was 866 yuan / ton higher than that on July 1, 2022 (the reference price of dimethyl carbonate was 6000 yuan / ton), or 14.44%.

It can be seen from the data monitoring chart of business agency that since July (7.1-7.22), the domestic dimethyl carbonate market has shown an overall upward trend. At the beginning of July, supported by the low inventory of dimethyl carbonate on the floor, the confidence of the industry increased. In the first week of July, the market price of dimethyl carbonate ushered in a wide increase. As of July 7, the domestic ex factory price of dimethyl carbonate was 6700 yuan / ton, with an increase of more than 11% in the first week of July. Subsequently, the market focus of dimethyl carbonate continued to move closer to the high-end, and with the gradual recovery of the relevant market of downstream electrolyte, the demand side was also boosted. As of July 15, the domestic ex factory price of dimethyl carbonate was 6966 yuan / ton, with a half month increase of 16.11%.

In late July, the trading atmosphere of dimethyl carbonate on the floor weakened. On July 18, the market price of dimethyl carbonate experienced a narrow reduction, with a reduction range of around 100-200 yuan / ton. At present, as of July 22, the domestic ex factory price of dimethyl carbonate is around 6500-7300 yuan / ton. At present, the dimethyl carbonate market is in operation, and the trading atmosphere on the floor is general.

In terms of upstream propylene oxide, the propylene oxide market fell this week (7.18-7.21). Recently, the raw material propylene market has been reorganized and operated, and the cost support is limited. At the beginning of the week, the supply side devices are stable, the downstream procurement enthusiasm is not high, and the market wait-and-see is weak. With the price falling, the factory shipment has improved slightly, but it is still general, some devices have decreased, the downstream procurement mentality is still cautious, and the market game is weak. On the 21st, the mainstream quotation of propylene oxide Market in Shandong fell to about 8400-8500 yuan / ton. According to the monitoring data of business agency, as of July 21, the average price of propylene oxide enterprises was 9733.33 yuan / ton, down 4.26% from Monday’s price.

Future trend analysis

At present, the market buying of dimethyl carbonate is weak, and the effective support is loose. The dimethyl carbonate datagrapher of business society believes that in the short term, the domestic dimethyl carbonate market is mainly adjusted and operated in the range, and the specific trend needs to pay more attention to the news changes of supply and demand.

According to the data monitoring of business news agency, the price of industrial and battery grade lithium carbonate increased slightly this week. On July 21, the average price of industrial lithium carbonate in East China was 460000 yuan / ton, up 0.22% from the average price at the beginning of the week (on July 17, the average price of industrial lithium carbonate in East China was 459000 yuan / ton). On July 21, the average price of battery grade lithium carbonate in East China was 478600 yuan / ton, up 0.13% from the average price at the beginning of the week (on July 17, the average price of battery grade lithium carbonate in East China was 478000 yuan / ton).

According to the observation of market changes, the price of lithium carbonate rose slightly this week. At present, the supply of lithium carbonate in the market is relatively stable, and the large production plants are still dominated by long-term single supply. In order to drive the market trend of lithium carbonate, some traders offered slightly higher prices, but the actual transaction was more single. While the downstream demand is still dominated by rigid demand procurement, and the high price lithium carbonate is still in a wait-and-see state.

Downstream lithium hydroxide prices remained stable, market transactions were relatively light, electric hydrogen production was relatively stable, and the supply side changed little, maintaining rigid order production.

The price of lithium iron phosphate in the downstream operates smoothly, mainly for rigid demand procurement, and the procurement atmosphere is general. At present, the manufacturer’s supply is still tight, and the supply side is obviously insufficient. It is mainly based on the arrangement and shipment of contract customers, the number of new orders is limited, and the overall market negotiation atmosphere is acceptable.

The lithium carbonate analyst of business club believes that although the price of lithium carbonate has a slight upward trend recently, the market demand has not changed significantly, and the acceptance of the price of high priced lithium carbonate is not good. Due to the stable price of lithium iron phosphate, the cost side of lithium salt is also under certain pressure. It is expected that the price of lithium carbonate will remain stable in the short term.

According to the bulk data monitoring of business agency, the mainstream price of styrene in Shandong fell violently this week. At the beginning of the week, the average price of Shandong styrene was 10407.14 yuan / ton, and at the weekend, the average price of Shandong styrene was 10351.43 yuan / ton, a decrease of 0.54%. The price increased by 11.16% over the same period last year.

styrene

The styrene market price fluctuated and fell this week. It can be seen from the above figure that the recent price of styrene has been dominated by shock consolidation, and the price fell slightly this week. The main reason is that affected by the continuous low crude oil price, the focus of the pure benzene market has shifted downward, which is difficult to support the styrene market, the supply and demand fundamentals are weak, some maintenance devices are restarted, the market inventory is expected to rise, and the spot price of styrene has fallen slightly.

In terms of raw materials, the expectation of the Federal Reserve to raise interest rates has raised the risk of economic recession, superimposed on the repeated outbreaks in Asia, and the possible blockade measures have suppressed demand. The rise in international crude oil futures was slow after the sharp decline. Pure benzene fell slightly. Recently, the price of pure benzene in China is 8600-9150 yuan / ton. The decline of pure benzene cannot support the price of styrene.

On the downstream side, the three major downstream styrene rose and fell mixed this week. The PS market fell weakly, and the output increased slightly. The cost side support weakened, the merchants’ shipment was under pressure, and the price was mainly reduced slightly. The benzene price in East China market was 10600-11300 yuan / ton, the low-end price fell 300 yuan / ton, and the high-end price fell 200 yuan / ton.

EPS prices fell this week. The overall transaction weakened month on month. As of July 14, Jiangsu enterprises had 11200 yuan / ton of ordinary materials and 12100 yuan / ton of barrier fuel. The cost support is weak, and the purchasing sentiment of terminal merchants is not high, mainly on the sidelines.

ABS market fell this week. This week, the quotation in East China market is 12010 yuan / ton, and the price in South China market is 11112 yuan / ton, excluding tax. At present, it is in the off-season of household appliance procurement, and the start-up of terminal household appliances is poor, and the demand for ABS has weakened significantly; ABS prices continued to fall.

Recently, the international crude oil market has been weak. Styrene plants such as Gulf, Wanhua, Dushanzi and Hengli will be gradually started, and the negotiable supply of styrene is expected to increase. On the whole, if the raw material level falls next week, the styrene market will follow suit.

As of July 18, the average quotation price of epichlorohydrin enterprises was 12383.33 yuan / ton, down 5.11% from July 14, 34.25% from June 18, and 34.48% year-on-year in a three-month cycle, according to the bulk list data of business news agency.

Recently, the quotations of enterprises in the epichlorohydrin market vary. After the early stage of downstream periodic replenishment, the market rose and fell again. Recently, the consolidation of propylene, the market price of glycerol, the weakening of cost support, and the restart of some units have resulted in flat demand, low enthusiasm for downstream goods, and the loss of profits from the cargo holders. The focus of epichlorohydrin market negotiations fell.

The upstream propylene, according to the data monitoring of business news agency, the reference price of propylene was 7354.60 on July 18, a decrease of 4.24% compared with July 1 (7680.60).

The downstream epoxy resin, according to the monitoring data of business news agency, on July 18, the reference price of epoxy resin was 18325.00, a decrease of 18.37 compared with July 1 (22450.00).

The epichlorohydrin analyst of business club believes that at present, the cost support is declining, the market mentality is insufficient, and the downstream inquiry atmosphere is poor. It is expected that the epichlorohydrin market may be weak in the short term.

DOTP prices fell sharply this week

According to the data monitoring of business agency, the price of DOTP fell this week, and the decline of DOTP market remained the same. As of July 18, the price of DOTP was 9012.50 yuan / ton, down 6.85% from 9675 yuan / ton on July 10 last weekend. On the 18th, the DOTP price rebounded slightly compared with the previous trading day, and the cost of raw materials wanted to rise, so the DOTP price stopped falling and adjusted.

Isooctanol prices stopped falling and rebounded this week

According to the price monitoring of business agency, the price of isooctanol rebounded after falling this week, and the isooctanol market stopped falling. As of July 18, the price of isooctanol was 8166.67 yuan / ton, down 5.77% from 8666.67 yuan / ton on July 10 last weekend. The price of isooctanol broke through the profit line, the price of isooctanol stopped falling and rebounded, the cost of DOTP wanted to rise, the downward pressure of DOTP market weakened, and the upward momentum increased.

PTA prices fluctuated and fell this week

According to the price monitoring of the business agency, affected by the decline in crude oil prices, PTA prices fluctuated and fell this week, and PTA prices fell. As of July 18, PTA prices were 5952.50 yuan / ton, down 10.49% from 6650 yuan / ton on July 10 last weekend. The high crude oil price fell, PTA prices fell, DOTP costs fell, and the positive momentum of DOTP weakened, with great downward pressure.

Aftermarket expectations

DOTP data analysts believe that PTA prices fell sharply due to the decline in crude oil prices; The price of isooctanol broke through the profit line, the price of isooctanol stopped falling and rebounded, the cost of DOTP stabilized, and the price of DOTP stopped falling and stabilized. In the future, the cost of DOTP raw materials tends to stabilize and the cumulative demand is low. The downward pressure of DOTP is still there, and the upward momentum is increasing. It is expected that the price of DOTP will stop falling and stabilize in the future.

1、 Price trend

According to the data monitored by the business agency, the price of PVC carbide SG5 fell this week. The average price of domestic PVC was 6850 yuan / ton last Friday, and 6498.57 yuan / ton this Friday. The price fell by 5.13% during the week.

2、 Market analysis

The domestic spot market of PVC continued to decline this week. Futures prices fell today, dampening sentiment in the spot market. Many manufacturers do not offer external prices, and one single discussion is the main thing. Downstream enterprises and traders are more wait-and-see, inquiry is OK, spot transactions are general, downstream procurement is cautious, and orders are mainly received on demand. Up to now, the quotation range of domestic pvc5 electric stone is mostly around 6100-6500 yuan / ton.

In terms of international crude oil, on July 14, the price of international crude oil futures rebounded after bottoming out and closed down slightly. The settlement price of the main contract of WTI crude oil futures in the United States was US $95.78 / barrel, down US $0.52 or 0.5%; The settlement price of the main contract of Brent crude oil futures was $99.10 / barrel, down $0.47 or 0.5%. WTI once fell to $90 in the session, and then almost recovered all the losses. The market is concerned about the rate hike of the Federal Reserve, which raises concerns about curbing oil demand.

In terms of calcium carbide, the average price of calcium carbide last Friday was 3850 yuan / ton, and this Friday was 3833.33 yuan / ton. The price fell by 0.43% during the week. The factory prices of calcium carbide manufacturers were mostly stable this week, and the prices of some enterprises fell. The price of blue carbon in the upstream fell slightly, the cost support weakened, the PVC market in the downstream fell slightly, and the demand for calcium carbide weakened. It is expected that in the short term, the price of calcium carbide in Northwest China will temporarily stabilize and consolidate.

3、 Aftermarket forecast

PVC analysts of business agency believe that the spot price of PVC continued to fall this week. At present, the demand of PVC spot market is light. The downstream is more wait-and-see, cautious in order taking, and the transaction atmosphere is general. Futures prices fell today, dampening sentiment in the spot market. It is expected that the PVC market will operate weakly and stably in the short term.