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.

1、 Price trend

PS market trend performance is light, the quotation is stable. The downstream continues to purchase on demand, and the overall trading performance of the market is poor. Business bearish future market, the actual operation maintenance stability.

2、 Market analysis

PS market trend is stable, Zhanjiang Sino US PS ex factory price, 525 quotation is 8300 yuan / ton. The ex factory price of CITIC Guoan PS is 7950 yuan / T.

In August 2020, China’s export volume of PS (polystyrene) was about 4000 tons, with a year-on-year increase of 0100 tons and a year-on-year increase of 2.56%. From January to August 2020, the total export volume was 21800 tons, with a year-on-year decrease of 4400 tons, with a year-on-year decrease of 16.79%.

3、 Future forecast

PS market operation is generally stable, downstream buyers demand is not high, in the case of low shipment, adhere to short-term prudent operation.

The average price of TDI market in East China on the 30th was 16666.67 yuan / ton, down 6.54% compared with 17833.33 yuan / ton at the beginning of the month, and 28.53% higher than last year, according to the data from the bulk list of business associations. On October 29, the TDI commodity index was 88.18, flat with yesterday, down 64.45% from 248.02 (2016-10-19), and 67.77% higher than the lowest point of 52.56 on May 05, 2020. (Note: period refers to 2011-09-01 to now)

The domestic TDI market is weak, the atmosphere in the market is generally empty, and the mentality of the industry is tangled. At the beginning of the week, the offer is tentatively inclined to the high end, but the downstream buying gas is weak, and the high price transaction is blocked. At present, the maintenance situation of the supplier’s device is still in, the supply is tight, and the export price is on the high side, which supports the market. In terms of polyether, the price is high and the sponge pressure in the downstream is large, which leads to insufficient demand and purchase of TDI. Under multiple news, the mentality of the operators is tangled, and the focus of on-site negotiation goes down.

On the upstream side, the price of toluene continued to decline, the port inventory was high, the pressure of de stocking still existed, the demand for blended oil and solvent in the downstream was general, the price was slightly weak, and the market was weak.

Business agency data analysis: at present, the domestic TDI market is weak and wait-and-see, the market mentality is empty, the dealers’ offer is lower, the enthusiasm of downstream market entry is weak, and the domestic TDI market is weak in the short term.

According to the data monitored by the business agency, the market of potassium nitrate showed a downward trend in October. At the beginning of the month, the domestic industrial grade first-class potassium nitrate was quoted at 4162.50 yuan / ton, and at the end of the month, the domestic industrial grade first-class potassium nitrate was quoted at 4100.00 yuan / ton, a decrease of 1.5%. The current price was 1.5% lower than that of last year, and the current price was 6.02% lower than that of last year.

On the whole, potassium nitrate plant market did not fall significantly according to the market situation of potassium nitrate plant, but the potassium nitrate Market did not fall significantly in October. According to the quotation of domestic potassium nitrate manufacturers (4400-3900 yuan per week), according to different business quotation of domestic manufacturers.

Recently, the actual transaction of potassium chloride market is not good. The ex factory quotation of Qinghai Salt Lake potassium chloride at the weekend is 1850 yuan / ton, which is temporarily stable compared with the beginning of the week. On the whole, the main contradiction in the market is that the supply exceeds demand, the trading atmosphere is cold, the downstream procurement is mainly demanding, the overall inventory is low, the purchasing market kinetic energy is low, and the domestic potassium chloride market is stable. Limited support for potassium nitrate.

Recently, the supply of potassium chloride port supply is relatively sufficient, and the market is in a high consolidation. Domestic potash fertilizer market new deal is not positive. It is expected that the market of potassium nitrate will decline slightly in the short term, while the long-term market still needs to wait and see. (the above prices are provided by major potassium nitrate manufacturers all over the country and sorted out and analyzed by potassium carbonate analysts of business club. For more price details, please contact relevant manufacturers for consultation.)

1、 Price trend

The factory price of octanol in Shandong Province fell this week. This week, the average price of octanol mainstream factory quotation in Shandong decreased from 7533.33 yuan / ton at the beginning of the week to 7516.67 yuan / ton at the end of the week, a decrease of 0.22%, and a year-on-year increase of 6.37% compared with the same period last year. Overall, octanol market fell this week, Oct. 23 octanol commodity index was 55.27.

2、 Market analysis

From the manufacturer’s quotation, the main octanol manufacturer’s factory quotation in Shandong Province fell this week: Jianlan chemical’s offer of octanol was 7500 yuan / ton at the end of this week, which was temporarily stable compared with the beginning of the week; lihuayi’s offer of octanol was 7450 yuan / ton at the end of this week, which was 50 yuan / ton lower than that at the beginning of the week; Hualu Hengsheng’s offer of octanol was 7600 yuan / ton this weekend, which was temporarily stable compared with the beginning of the week.

Judging from the upstream and downstream industrial chain, the propylene market in the upstream raw material market of octanol fell this week, with the quotation falling from 7352.73 yuan / ton at the beginning of the week to 7321.82 yuan / ton at the end of the week, a decrease of 0.42%, and a year-on-year increase of 0.73% over the same period last year. Upstream raw material market prices fell, affected by the supply and demand side, had a negative impact on octanol prices.

Octanol downstream market, DOP factory price fell this week. DOP quotation fell from 7466.67 yuan / ton at the beginning of the week to 7433.33 yuan / ton at the end of the week, down 0.45% compared with the same period last year. Downstream DOP prices fell, downstream customers’ enthusiasm for octanol procurement weakened, octanol demand was general, and future market operators were more likely to wait for DOP trend.

3、 Future forecast

In late October, the market trend of octanol in Shandong Province was mainly fluctuating. Upstream propylene market fell, raw material support weakened, downstream DOP market also fell slightly, downstream purchasing enthusiasm weakened, octanol supply was normal. Octanol analysts believe that: in the late October of Shandong octanol market in the supply and demand and raw materials and other aspects of the impact, octanol market or a small shock down.