1、 Price trend

According to the monitoring data of the business agency, the average ex factory price of ammonium sulfate in China on October 19 was 560 yuan / ton, and that on October 23 was 560 yuan / ton. The price market was stable this week.

2、 Market analysis

This week, the domestic market of coking grade ammonium sulfate is stable. Ammonium sulfate in hexane is mainly ordered in the early stage. The main factory quotation of ammonium sulfate in Henan Province is 520-580 yuan / ton, that of Hebei Province is 480-540 yuan / ton, that of Shandong Province is 540-580 yuan / ton, that of Shanxi Province is 420-490 yuan, and that of Northeast China is 520-630 yuan / ton.

This week, the downstream compound fertilizer prices slightly adjusted, the operating rate decreased compared with last week, and the field held a wait-and-see attitude. This week, the compound fertilizer enterprise shipment is fair, the demand for ammonium sulfate is general.

3、 Future forecast

Business Club ammonium sulfate analysts believe that the current coking grade ammonium sulfate goods are OK, the market trend is stable to explore the rise. The export of domestic ammonium sulfate is good, and the price fluctuates slightly. It is expected that the trend of coking grade ammonium sulfate will be stable in the short term, and the range adjustment of internal grade ammonium sulfate will be given priority to.

Price trend of 441 silicon

On October 21, the price of silicon metal (441) rose slightly. According to the data of business agency, on October 21, the average market price of domestic silicon metal (441) was 11908.33 yuan / ton, an increase of 2.22% compared with the average market price of 11650 yuan / ton at the beginning of the month (10.1); compared with the average market price of (7.1) in the year, the average price was 10491.67 yuan / ton, up 13.50%; compared with the average market price of (1.1) at the beginning of the year, the average price was 11833.33 yuan / ton, a decrease of 0.63%.

On the 21st, the prices of 441 silicon in different regions were as follows:

The price range of silicon metal in Fujian is 11400-11500 yuan / ton, that in Sichuan is 11600-11700 yuan / ton, that in Kunming is 11600-11800 yuan / ton, that in Shanghai is 12500-12700 yuan / ton, that in Tianjin port is 12000-12100 yuan / ton, and that in Huangpu port is 11900-12100 yuan / ton 。

In October, export orders picked up, foreign investors had a strong demand for standby stocks, and the export situation improved slightly. At present, some silicon manufacturers are optimistic about the price of silicon factories after inquiry.

The price of silicon moved up slightly, the market was expected to be better, and the reluctance to sell was aggravated. Some traders were cautious in preparing their stocks. At present, the low-grade silicon market is in short supply and the spot is tight. It is expected that the silicon price will be strong and stable in the near future.

October 19, the beginning of the week, the domestic adipic acid market stable operation, part of the distributor quotation slightly up and down. The quotation of domestic manufacturers is mainly stable, the normal operating rate of the device is about 80%, and the inventory pressure of manufacturers is maintained at a high level. The market is in a state of oversupply, and the downstream demand is relatively weak. At present, adipic acid is still at the off-season level. At the cost end: since October, pure benzene has continued to adjust and rebounded after falling, but on the whole, it has still fallen by 0.59% so far. The upstream cost is negative, and the support for the downstream adipic acid is insufficient. In addition, the rigid demand of terminal is stable, and the demand growth is not as expected.

In terms of local markets:

At the beginning of the week, the market of adipic acid in East China continued to be stable, and the dealer’s quotation was mainly adjusted slightly, with the overall range within 100 yuan, and the market inquiry was general. The downstream demand is low. Most dealers follow the market and make profits to ship goods. The manufacturers’ inventory pressure is general and the transaction is cold. The mainstream prices in today’s market are: Shandong source 6400-6600 yuan / T acceptance price, Jiangsu source acceptance price is 6500-6800 yuan / T, and the downstream is mainly rigid demand procurement.

At the beginning of the week, the market situation of adipic acid in South China continued to be stable, with little change in the quotation compared with the previous weekend. The dealers gave priority to the shipment, and the manufacturer’s inventory pressure was general, and the transaction was fair. The mainstream market prices today are: 6500-6800 yuan / T acceptance price of Shandong source, 6600-6900 yuan / T of Jiangsu source, and rigid demand procurement is the main downstream.

From the perspective of adipic acid fundamentals this week, the contradiction between supply and demand is still troubling the whole industry. At present, the price rise and fall are mostly affected by local supply. Overall, the market is still weak and stable, trapped by supply pressure and weak demand, which may still maintain a weak situation. Price rise and fall powerless, do not rule out the possibility that prices continue to fall.

Trade name: octanol

Latest price (October 19): 7533.33 yuan / ton

On October 19, the factory quotation of octanol in Shandong was temporarily stable, which was the same as that on October 16. The upstream propylene market rose slightly, which gave octanol certain support. The downstream DOP market was high consolidation, and the downstream purchasing enthusiasm was rising. The octanol supply was normal.

Recently, the ex factory price of octanol in Shandong Province has fluctuated slightly: the manufacturer’s quotation is about 7600 yuan / ton.

Price trend:

According to the data monitoring of business agency, the market performance of o-benzene was strong in October, and the price of o-benzene contract was stable. As of October 16, Sinopec has offered 4400.00 yuan / ton of o-xylene in East China and 4400 yuan / ton in North China, which is stable compared with the beginning of the month, and the market of o-xylene is strong and temporarily stable.

Upstream market of o-benzene

It can be seen from the mixed xylene price trend chart that the mixed xylene price of o-xylene raw material recovered and rose in October, the mixed xylene price rose by 0.84% in October, the cost of o-xylene rose slightly, the price of mixed xylene rose in shock, the pressure on the cost of o-xylene increased, and the driving force for the rise of o-xylene increased.

Trend of downstream products

It can be seen from the phthalic anhydride price trend chart that the phthalic anhydride market stopped falling and recovered in October, and the phthalic anhydride price rose by 2.94%. The phthalic anhydride market rose, which was good for the o-benzene market, and the downstream demand for o-phthalic anhydride rose, and the driving force for the price rise of o-phthalic anhydride increased.

Future forecast:

According to Bai Jiaxin, an o-xylene data analyst from business agency, in October, the prices of raw materials for o-benzene rose slightly, while the prices of phthalic anhydride and plasticizer in the downstream sector rose, and the market of downstream industrial chain of o-benzene increased, and the momentum of o-benzene’s rise was sufficient, which was beneficial to the market of o-benzene. Generally speaking, the market of o-benzene has sufficient momentum to rise, the market of o-benzene is strong, and the price is strong and stable temporarily.

According to the sample data monitored by the business agency, before the National Day holiday at the end of September, Xinjiang Meike and Lanshan Tunhe announced the settlement price in September and the listing price in October. On October 9 after the festival, the latest domestic BDO market price was 8800 yuan / ton, up 2.33% month on month and 7.56% lower than the same period last year. Part of the implementation of the monthly listing settlement price enterprises have not released the latest quotation. As of today (10.12), the spot bulk water negotiation in East China is 8800-9000 yuan / ton, the barreled bulk water negotiation is 9000-9800 yuan / ton (acceptance delivery), the bulk water negotiation in South China is 8800-9100 yuan / ton, and the barreled water negotiation is 9000-9800 yuan / ton (acceptance delivery).

Some enterprises announced the settlement price in September and the listing price in October:

Settlement in September (bulk water delivery) listing in October (bulk water delivery)

Xinjiang Lanshan Tunhe Chemical Co., Ltd. East China 8350 yuan / ton, South China 8500 yuan / ton, East China 9200 yuan / ton, South China 9400 yuan / ton

Xinjiang Meike Chemical Co., Ltd. East China 8350 yuan / ton, South China 8500 yuan / ton, East China 9100-9400 yuan / ton, South China 8200-9500 yuan / ton

At present, the situation of Dongyuan restart is not as expected, and the main supply of goods is North China; Tianye, Xinye and heimao are still in parking, and the restart time is uncertain; in the recent commissioning of Yanchang oil, it is expected to produce products at the end of October and early November; the operation of other devices is relatively stable.

At present, the spot supply is still tight, supporting manufacturers’ high offer to support the market. Downstream contract procurement is the main part, and other downstream inventory and spot replenishment demand are pushed up by manufacturers, and the focus continues to rise. Business agency BDO analysts expect that this week the domestic BDO market high finishing.

In September 2020, the domestic 1 ᦇ tin ingot Market fluctuated and fell, with the average price of domestic market at 144887.50 yuan / ton at the beginning of the month and 143250 yuan / ton at the end of the month, down 1.13%.

On September 29, the tin commodity index was 72.97, up 0.98 points compared with yesterday, 27.21% lower than 100.25 points (2011-09-05), and 70.25% higher than the lowest 42.86 points on December 09, 2015. (Note: period refers to 2011-09-01 to now).

In September, Lunxi, Xihu, Wuxi, Wuxi and Wuxi futures market mainly fluctuated downward, closing at 145800 yuan / ton on the first day and 141720 yuan / ton at the end of the month, with the highest value of 148690 yuan / ton and the lowest of 138180 yuan / ton, falling by 4080 yuan / ton or 2.8%. It was mainly affected by the sharp fall of US stocks, the rebound of the US dollar index and the decline of the nonferrous metal market. In the middle of the month, the US dollar index went down, but then continued to rebound. In the near end of the month, the US dollar continued to fluctuate under the influence of foreign public events. The trend of metal market is fluctuating this month.

The spot market followed the trend of Shanghai and Wuxi this month, and the overall trend was mainly volatile. As of the end of the month, the mainstream price of domestic spot market was 144000-146000 yuan / ton. Myanmar’s export ban was extended to the end of October. Affected by local public health, the export of the mine was blocked. According to the latest statistics, the domestic tin ore import in August decreased by 37% year-on-year, with an import of 8077 tons. In terms of refined tin, the import volume in August was 348 tons, down 87.5% month on month. Although the production of yinman has been resumed in China, it can only partially improve the domestic supply situation. During the long holiday, there will be more uncertainties in the international fundamentals, and there will be some pressure on the market after the holiday.

As for the future market, the business community believes that it is necessary to focus on fundamental factors such as the US dollar index, the progress of public health events in Europe, and LME inventory situation, while the domestic focus on the inventory situation.

Relevant data:

Us tin imports increased month on month in July, while exports declined: Washington reported on September 4, according to the data released by the US Department of Commerce, US tin imports in July were 2147053kg, higher than 1340193kg in June, and the total imports in the first seven months of this year were 20589033kg. U.S. tin exports in July were 129475kg, lower than 169541kg in June. In the first seven months of this year, US exports totaled 1077194kg.

Indonesia’s refined tin export in August increased by 11.6% year-on-year: according to the data released by Indonesia’s Ministry of trade on September 8, Indonesia’s refined tin export volume in August was 6158.67 tons, up 11.6% over the same period of last year and 27.1% higher than that of the previous month.

According to the monitoring of the business agency, the price of domestic anhydrous hydrofluoric acid continued to fall in September. As of the end of the month, the market price of hydrofluoric acid was 8440 yuan / ton, down 1.52% from the beginning of the month, and 16.02% lower than that at the beginning of the month.

In September, the domestic hydrofluoric acid price trend dropped slightly. So far, the mainstream price of domestic hydrofluoric acid negotiated in various regions is 7600-8500 yuan / ton. The domestic hydrofluoric acid demand is general, and the market price of hydrofluoric acid is mainly down. The domestic hydrofluoric acid spot supply is normal, and the hydrofluoric acid plant is running stably. The manufacturers report that the recent delivery situation is not good, and the on-site price is lower. So far, the mainstream hydrofluoric acid negotiation in the southern region is 7600-8300 yuan / ton, and the hydrofluoric acid price in the northern market is 7600-8500 yuan / ton. In recent years, the domestic hydrofluoric acid market price trend has mainly declined, some manufacturers reflect that hydrofluoric acid exists in the cracks, some manufacturers report that the domestic hydrofluoric acid transaction situation is poor, and the hydrofluoric acid trading market is weak.

The market price of hydrofluoric acid raw material fluorite decreased slightly in September. As of the end of the month, the domestic fluorite price was 2666.67 yuan / ton, and the price rose slightly by 0.42% in September. The domestic spot supply of fluorite was normal, the downstream market was not improved, and the trend of fluorite price was mainly stable. By the end of the month, the mainstream of domestic fluorite negotiation was 2500-2700 yuan / ton. The fluctuation of fluorite price in the market was a negative factor in the hydrofluoric acid market, and the domestic hydrofluoric acid market price decreased slightly.

In September, the market trend of domestic refrigerants fell, the demand of domestic refrigerant industry did not improve significantly, the start-up of refrigerant industry remained low, and the market price of hydrofluoric acid decreased slightly. The foreign economic development is general, but the refrigerant terminal export has not changed much. However, the domestic air conditioning industry starts at a low level, and the after-sales demand for maintenance is weak. On the whole, the foreign demand has not improved significantly. At present, the load of refrigerant R22 manufacturers is not high, the inventory is in a reasonable range, and the market price drops slightly. However, the downstream receiving capacity is limited, and there is a lot of wait-and-see mood. The actual transaction center of gravity is shifted downward. Some traders are looking for positive shipment, and the quotation is slightly lower than the manufacturer’s ex factory price. There is a phenomenon of cost inversion. The mainstream of on-site negotiation is 15000-15500 yuan / ton. The domestic R134a market rose slightly, but the automobile market industry continued to be depressed, the demand was weak, the market trading center was low, and the transaction atmosphere was light. With sufficient supply of goods in the market and the impact of new production capacity entering the market, the competition is fierce, the supply side gradually forms a negative situation, the price fluctuates at a low level, the downstream demand is not improved, and the market price of hydrofluoric acid falls slightly.

On the whole, hydrofluoric acid market is mainly declining, but the upstream raw material fluorite market has an upward trend, and the demand for downstream refrigerant industry has not improved significantly. Chen Ling, an analyst of hydrofluoric acid in the business club, believes that the market price of hydrofluoric acid may remain volatile.

1、 Price trend chart of nitric acid Market

Nitric acid price curve

According to the monitoring of business agency, the average price of nitric acid in East China this week is 1516 yuan / ton, and the quotation is stable.

2、 Market analysis

Anhui Jinhe quoted 1350-1400 yuan / ton, which was flat compared with last week; Shandong helitai Chemical Co., Ltd. offered 1750 yuan / T, which was flat compared with last time; Jiangsu Hongze Yinzhu Chemical Industry Co., Ltd. offered 1400 yuan / T of concentrated nitric acid, which was flat compared with last week; Huainan Aodeli chemical products Sales Co., Ltd. offered 1350 yuan / T of concentrated nitric acid, which was flat compared with last week; Wenshui Synthetic Chemical Co., Ltd., concentrated nitric acid Co., Ltd The quotation of nitric acid is 1530 yuan / ton, that of dilute nitric acid is 680 yuan / ton, and that of concentrated nitric acid is the same as that of last week; the trading of nitric acid market is acceptable.

According to the monitoring of the business agency, the upstream product liquid ammonia is temporarily stable this week; the downstream aniline is up 2.76% this week; the TDI quotation is temporarily stable this week.

3、 Future forecast

Nitric acid analysts of business club predict that the price of nitric acid will be stable.

According to the monitoring of the bulk data of the business agency, the domestic acetic acid market has been running steadily recently. As of September 27, the average price of acetic acid in East China was about 2553 yuan / ton, an increase of 6.83% compared with 2390 yuan / ton at the beginning of the month. At present, there are 2450-2600 yuan / ton in Shandong, 2520-2580 yuan / ton in Jiangsu, 2630-2700 yuan / ton in Zhejiang, 2400-2450 yuan / ton in Henan, 2500-2530 yuan / ton in Hebei and 2100 yuan / ton in Northwest China.

Unit capacity (10000 t / a) unit output (T / D)

Yankuang Guotai 110.3000

Hualu Hengsheng 50.1600

Yangtze BP 50 1300

Jiangsu Sopu 120 3500

Celanese 1200 2500

Jiantao, Hebei, 50.1400

Tianjin Bohua 35.1000

Henan Shunda 40.1400

Longyu, Henan 50.1300

Henan Yima 25 parking

Shaanxi Yanchang 30.1000

Shanghai Huayi 70.1800

Anhui Huayi 50.1200

Dalian Hengli 35.1100

In recent years, the domestic acetic acid market has maintained stable operation, the trading before the festival has been basically completed, the market purchasing enthusiasm has decreased, the enterprise start-up has generally returned to the normal level, the overall inventory in the industry is still at a low level, the spot supply in the market is relatively loose, and the operation tends to be stable in the short term.

In the upstream market, the methanol market is stable before the festival, with few offers for logistics goods. Most of the operators wait and see, and the market transaction is average. At present, it is about 1790 yuan / ton. In terms of downstream, the transaction of acetic acid downstream industries, such as vinyl acetate and acetate, is flat. Enterprises mainly focus on delivery contracts. The preparation of goods before the festival is basically completed, and the operation is stable in a short period of time.

In recent years, the international acetic acid market has been running steadily, and the Asian acetic acid market has been slightly higher under the support of supply decline and expected increase in demand, and the current quotation is about 315-370 US dollars / ton; the supply of acetic acid in European market is relatively down, and the price is stable and upward, at present, 550 euro / ton; the North American market has limited supply, and the price of acetic acid is firm and upward, about 550 US dollars / ton.

The acetic acid analysts of the business club believe that the domestic acetic acid market starts stably at present. Affected by the logistics control, the downstream and traders’ purchase is basically completed, and the trade in the industry is light. Due to the small inventory pressure of enterprises, the market is stable in a short period of time.