1、 Acrylic price trend:

The average price of acrylic acid enterprises as of February 24 was 7166.67 yuan / ton, up 1.42% compared with that of last Monday (February 17), and down 3.59% year-on-year in a three-month cycle, according to the bulk list of business associations. The main quotation of acrylic acid in China was around 7000-7300 yuan / ton on the 24th.

2、 Market analysis:

Product: acrylic market rose on February 24. The industry’s operating rate is very low, and the market supply is mainly to digest inventory. With the easing of transportation restrictions, the resumption of work is comprehensively promoted, and market trading is increasingly active. At present, the price of acrylic acid in Shandong Yukang Chemical Co., Ltd. is 7600 yuan / ton for puic acid, 8100 yuan / ton for refined acid, and the specific transaction price is actually discussed; the price of acrylic acid in Jinan aochen Chemical Co., Ltd. is 7500 yuan / ton for puic acid, 8500 yuan / ton for refined acid, and the specific transaction price is actually discussed; the price of acrylic acid in Wanhua chemical and Petrochemical Co., Ltd. is stable, mainly for contracts and stable customers. At present, acrylic acid The price is 7000 yuan / ton.

On February 24, the acrylic acid commodity index was 35.94, up 0.51 points from yesterday, down 64.06% from the cycle’s highest point of 100.00 (2011-09-01), and up 46.28% from the lowest point of 24.57 on November 26, 2015. (Note: cycle refers to 2011-09-01 to now)

Industrial chain: on February 24, the market turnover of the upstream propylene in Shandong is about 6600-6800 yuan / ton, and the mainstream price is about 6600 yuan / ton. At present, there are still many units in the upstream which are shut down for maintenance. In the short term, the supply is difficult to recover, and the propylene output is small. However, the terminal manufacturers have started to resume work one after another, and the logistics and transportation have also recovered. In the later period, the downstream of propylene oxide and acrylonitrile are expected to further recover. The demand for propylene is obviously increased, and the PP futures market continues to climb. Recently, the market digests the previous increase. Therefore, it is expected that in the short term, C The market price of alkene may be stable.

Industry: according to the price monitoring of the business agency, there are 15 kinds of commodities rising month on month in the price list of bulk commodities on February 24, 2020, including 1 kind of commodity rising by more than 5%, accounting for 1.2% of the number of commodities monitored in this sector; the top three commodities are fluorite (6.84%), urea (3.17%) and hydrochloric acid (2.81%). There are 14 kinds of commodities decreased on a month on month basis, and 1 kind of commodities decreased by more than 5%, accounting for 1.2% of the number of commodities monitored in this sector; the top three products decreased were hydrogen peroxide (- 8.36%), chloroform (- 2.44%) and phenol (- 1.81%). The average rise and fall of this day is 0.03%.

3、 Future forecast:

According to the acrylic analyst of the business club, in the near future, the cost of raw material propylene has increased significantly, and the operating rate of acrylic acid manufacturers is close to the bottom, mainly to digest inventory. The downstream demand is further recovering. It is expected that in the short term, the acrylic acid Market will be mainly stable, and more attention should be paid to the raw material price and the transaction situation in the mainstream market.

Adipic acid market trend chart

According to the data of the business club’s large list, on the 24th, the domestic adipic acid market was still weak. Compared with last week, it did not improve. The price did not change much. There were not many dealers in the market. Many dealers were subject to transportation difficulties, the inventory was difficult to digest, and many places were delayed to return to work. The current manufacturer’s operating rate remained stable, slightly higher than last week, and the manufacturer’s inventory pressure was on the rise 。 Today, I learned from some dealers that most dealers did not return to work, especially small and medium-sized traders, which was not ideal. The market shows whether there is a price or not, and the price is mostly the same as last week. Many dealers do not offer prices temporarily, and some prices are slightly loose, ranging from 100 yuan / ton up to down. The price reference is 8000-8200 yuan / ton. There are many large factories returning to work, but the operating rate is still not up to the level before the festival. The dealers’ inventory is mostly pre Festival reserve. At the beginning of the week, the dealers’ procurement is rational, most of them are only out of the market, and the social inventory has a downward trend compared with the manufacturers’ inventory. In addition, the transportation obstruction energy is the biggest problem that puzzles the whole industry. Affected by the traffic control, the speed of goods transportation further slows down.

In the later stage, the business club predicted that with more dealers returning to work in large areas, the market demand for adipic acid is expected to recover in a phased manner, and the price is expected to rebound, but the strength of the increase needs to be further observed.

1、 Price trend:

According to statistics, the trend of domestic p-xylene ex factory price this week is temporarily stable. The weekend average price is 6300 yuan / ton, which is the same as that at the beginning of the week, down 28.41% year on year.

2、 Market analysis:

Products: this week, the domestic market price trend of p-xylene is temporarily stable, the domestic PX operation rate is maintained at more than 70%, the operation of new 600000 ton Hongrun unit is stable, the operation of Huizhou refining and chemical unit is stable, the first line of Fuhai Chuang unit is started, the operation of Pengzhou petrochemical unit is stable, the operation of Yangzi Petrochemical PX unit is normal, the operation of Jinling Petrochemical unit is stable, the operation of Qingdao Lidong unit is full load, Qilu Petrochemical equipment is stable With stable operation, Urumqi petrochemical plant starts at about 50%, Hengli petrochemical plant operates normally, and domestic p-xylene supply is normal. Due to the fluctuation of crude oil price, the domestic market price of p-xylene is temporarily stable. This week, the operating rate of PX plant in Asia is more than 70%, and the supply of PX in Asia is normal. This week, the external price of PX rises slightly. As of the end of the week, the closing price of PX market in Asia is 734-736 US dollars / ton FOB South Korea and 754-756 US dollars / ton CFR China. Affected by the rising international crude oil price, the external price of PX rises slightly this week, and more than 40% of domestic products need to be imported , the closing price rise of PX external market has a certain positive impact on the domestic market, and the price trend of domestic PX market has increased.

Industry chain: the closing price of international crude oil rose slightly this week. As of the 20th, the price of WTI crude oil futures market in the United States rose, with the main contract at 53.88 yuan / barrel. The price of Brent crude oil futures market rose, with the main contract at 59.31 USD / barrel. Since February 11, the oil price has risen for eight consecutive trading days. On the one hand, the impact of China’s epidemic has been gradually digested, and the market demand for crude oil has declined On the other hand, the rise of US sanctions on Venezuela and OPEC’s reduction in production are good for oil prices to continue to rebound. The rise of crude oil price is a great positive influence of domestic chemical products, and the domestic market price trend of p-xylene is temporarily stable. The price trend of PTA Market in the downstream of this week fluctuated. By the end of the week, the PTA Market in East China had been negotiated around 4400-4500 yuan. The terminal textile was gradually resumed this week, and the operating rate was slowly increased. However, the polyester and PTA load was maintained at more than 60%. The upstream of the industrial chain was under great pressure to go to the warehouse, the low oil price was stabilized and recovered, and the cost support was strengthened under the environment of low processing cost. The short-term long-term long-term game continued to fluctuate Focus on the progress of demand recovery. In the near future, the crude oil price is higher, and the market price trend of p-xylene is temporarily stable.

Industry: the textile industry started to improve this week, but during the epidemic, transportation was difficult, crude oil prices rose slightly, and the market price trend of p-xylene was temporarily stable.

3、 Future forecast:

Chen Ling, an PX analyst at business club, believes that the recent high crude oil price, coupled with the continuous resumption of downstream textile enterprises, has led to a rise in the operating rate of downstream textile industry, and the supply of domestic PX market is normal. It is expected that the PX market price will maintain 6300 yuan / ton next week.

On February 18, the HFA commodity index was 98.00, flat with yesterday, 30.21% lower than 140.43 (2018-02-21), the highest point in the cycle, and 82.87% higher than 53.59, the lowest point on November 30, 2016. (Note: cycle refers to 2011-09-01 to now).

According to statistics, the price trend of domestic hydrofluoric acid market is temporarily stable. Up to now, the price of domestic hydrofluoric acid market is 10800 yuan / ton, and the operation rate of domestic hydrofluoric acid is more than 50%. The enterprises reflect that the supply of spot hydrofluoric acid in the field is tight at present. Due to the impact of the epidemic situation, the units in Zhejiang, Henan and other provinces have not been started, and the market of hydrofluoric acid in the field has improved recently. Due to the general downstream demand, the market of hydrofluoric acid in the field has improved The factory price of hydrofluoric acid was increased, while the market price of hydrofluoric acid increased slightly. At present, the mainstream of hydrofluoric acid negotiation in the south is about 10500-11000 yuan / ton, and the price of hydrofluoric acid in the north market is 10000-10500 yuan / ton. The domestic market price of hydrofluoric acid rose slightly, and the supply of spot goods was tight, but the demand situation was not clearly improved, and the market price of hydrofluoric acid rose slightly.

The price of fluorite in the upstream market has increased slightly. Recently, fluorite manufacturers are limited in construction, and the supply of fluorite is very tight. The price of fluorite has been at a high level. As of the 19th, the price of fluorite was 2922.22 yuan / ton. The high price of upstream raw materials has brought certain cost support to the hydrofluoric acid market. The price trend of hydrofluoric acid market is temporarily stable due to the price support of raw materials fluorite. In the near future, the transaction market of the downstream refrigerant market of the terminal is slightly light. At present, the automobile industry is in holiday, the domestic R22 supply is tight, the domestic refrigerant R22 market price trend is stable, the starting load of the manufacturer’s production device is still not high, the supply of the market supply is general, the downstream air conditioning manufacturer stops more, the demand changes little, and the price mainstream of the domestic large enterprises rises to 16000-18500 Yuan / ton. The price trend of domestic R134a market is stable for the time being, and the unit operation rate of production enterprises remains low. At present, the downstream operation is not high, and the demand for R134a is general. However, the supply of R134a in the market is a little tight, the price remains stable, the downstream market changes little, and the price trend of hydrofluoric acid market is stable for the time being.

Generally speaking, the turnover in the refrigerant field is not very big. For the upstream hydrofluoric acid market, the unit operation rate of the refrigerant industry has little change. However, with the shortage of fluorite supply and certain support for the cost, Chen Ling, an analyst of the business club, thinks that the market price of hydrofluoric acid may continue to rise slightly.

On February 17, the fluorite commodity index was 102.14, up 0.39 points from yesterday, down 19.88% from 127.49 (2019-01-03), the highest point in the cycle, and up 107.56% from 49.21, the lowest point on December 18, 2016. (Note: cycle refers to 2011-09-01 to now)

According to statistics, the price trend of fluorite in China has increased slightly. As of the 18th day, the average price of fluorite in China is 2922.22 yuan / ton. In recent years, the operation rate of fluorite plant in China is relatively low, and there is less resumption of construction of mine and flotation plant in the field. The supply of fluorite in the field is very tight. Recently, the price of hydrofluoric acid in the downstream has increased slightly. For the purchase on demand in fluorite market, the goods in fluorite field are in good condition, and the price trend of fluorite market is good Slightly higher. In the near future, the downstream units are under normal operation, the spot supply of fluorite in the site is tight, and the downstream of the terminal is purchased on demand, resulting in higher market price. As of August 18, the price of 97 fluorite wet powder in Inner Mongolia was 2700-2900 yuan / ton, that of 97 fluorite wet powder in Fujian was 2800-3100 yuan / ton, that of 97 fluorite wet powder in Henan was 2900-3100 yuan / ton, and that of 97 fluorite wet powder in Jiangxi was 2900-3200 yuan / ton. The price trend of fluorite rose slightly.

The price trend of hydrofluoric acid Market in the downstream of fluorite is rising. As of the 18th day, the price of hydrofluoric acid Market in China is 10800 yuan / ton. The price rise of hydrofluoric acid market has a certain positive impact on the upstream fluorite market. However, in the near future, the operation of hydrofluoric acid plant is general, and the demand for fluorite is normal. Due to the impact of the epidemic, some enterprises have not yet started construction, the supply of goods in the site is relatively tight, and the price of fluorite is small The amplitude is higher. In the near future, the transaction market of the downstream refrigerant market of the terminal is slightly light. At present, the automobile industry is in holiday, the domestic R22 supply is tight, the domestic refrigerant R22 market price trend is stable, the starting load of the manufacturer’s production device is still not high, the supply situation of the market supply is general, the downstream air conditioning manufacturer stops more, the demand changes little, and the price mainstream of the domestic large enterprises rises to 15500-18500 Yuan / ton. The price trend of domestic R134a market is temporarily stable, and the unit operation rate of production enterprises remains low. At present, the downstream operation is not high, and the demand for R134a is general. However, the supply of R134a in the market is a little tight, and the price remains stable. The downstream market changes little, and the price trend of hydrofluoric acid market rises slightly, and the downstream market rises slightly. In addition, the recent high price of hydrofluoric acid market, the fluorite market is favorable Support the higher price.

On the whole, the market of downstream refrigerant industry is rising slightly, the supply of fluorite is tight, and the price trend of hydrofluoric acid market is rising recently. Chen Ling, an analyst of business agency, thinks that the market price of fluorite may rise slightly.

1、 Price trend

The price of pure benzene fell slightly this week, according to the data in the business club’s large list. Last Friday (February 7) the price of pure benzene was 5400-5600 yuan / ton, and this Friday’s price was 5200-5800 yuan / ton, down 0.7% from last week.

2、 Analysis and comment

1. Product: pure benzene port stock accumulation this week. The process of downstream resumption is slow. In addition, styrene plant reduces production and raw materials are released. At present, pure benzene is in the situation of two weak supply and demand, and is still affected by transportation.

2. Crude oil: the crude oil market is still restricted by the epidemic this week. However, the market is concerned about the process of OPEC production reduction, and the impact of the epidemic has eased. This week, the crude oil market recovered. WTI was up 2.2% and Brent was up 4.07% compared with February 7.

3. Downstream industry: most of the downstream enterprises of pure benzene operate at reduced load, and some factories stop. The price of styrene in Shandong this week was 6600 yuan / ton, down 5.04% from last Friday. Jinling aniline plant was shut down, the supply of goods decreased, but due to the constraints of downstream demand, the price increased slightly.

3、 Future forecast

1. Crude oil: next week, the oil price will focus on the process of OPEC production reduction and the recovery of the epidemic.

1. Market: some pure benzene enterprises reduce load operation, and hydrogenated benzene plants also have a decline.

At present, there is not much negative factor. Next week, we should pay attention to the recovery of transportation and the resumption of downstream enterprises.

1. Trade name: silicon metal (441 #)

2. Latest price (2020.02.12): 12091.67 yuan / ton

The price of 441 × silicon in each region is as follows:

The price range of metal silicon in Fujian is 11600-11800 yuan / ton, in Sichuan is 11700-11900 yuan / ton, in Kunming is 11800-11900 yuan / ton, in Shanghai is 12600-12800 yuan / ton, in Tianjin port is 12100-12300 yuan / ton, in Huangpu port is 12200-12400 yuan / ton 。

3. Analysis points:

In the near future, two factors have been superimposed, leading to the positive market of silicon metal. Factor 1: domestic logistics is tight and spot supply is weak; factor 2: foreign demand is strong. On the one hand, the consumption of reserves before the festival is large, the inventory is low, and the demand for replenishment is strong; on the other hand, several foreign large aluminum alloy enterprises have started a new round of bidding, which is a combination of domestic supply concerns and strong price expectations.

4. Future forecast: the freight is tightening, and it is expected that the short-term operation of metallic silicon will be strong.

1、 Price trend

This week, the domestic market of cyclohexanone was stable. According to the monitoring data of the business agency, the average price of domestic producers of cyclohexanone at the beginning and the end of the week was 7383 yuan / ton, which was stable compared with the same period last month, down 17.96% compared with the same period last year.

2、 Market analysis

Product: after the Spring Festival, the market of cyclohexanone is basically closed, with few transactions. In the week, Sinopec’s listing of pure benzene twice reduced 450 yuan / ton to 5500 yuan / ton. The cost support was insufficient. However, due to the impact of national traffic and road logistics and transportation, most of the terminal plants were delayed to return to work, the starting load of downstream caprolactam was reduced, the demand for cyclohexanone was also reduced, the inventory of cyclohexanone plants was increased, the load reduction production was carried out, the traders did not return to work temporarily, and the market atmosphere was relatively strong , cold delivery. In terms of price, the quoted price of cyclohexanone is still the price before the festival. The mainstream factory price is 7300-7450 yuan / ton, and there is no transaction price for the moment. Before the festival, 7400-7500 yuan / ton of surrounding spot exchange will be delivered to Shandong market, 7700-7900 yuan / ton of East China market, 7900-8000 yuan / ton of South China market..

Industrial chain: in terms of raw materials, pure benzene: after the festival, affected by the health events, the terminal was delayed to return to work, and the downstream was reduced in succession, resulting in a serious lack of follow-up of pure benzene market demand. In addition, there are various traffic restrictions. After Sinopec successively lowered the listing price of pure benzene to 5500 yuan / ton, the futures negotiation price in February and March weakened to 5300-5400 yuan / ton. However, due to the same logistics constraints, some downstream need to replenish pure benzene, and buying supports the spot price. Therefore, despite the reduction of futures price, the spot negotiation remains at a relatively high level of 5650-5800 yuan / ton.

Caprolactam: spot trading in the caprolactam market has not resumed this week. Due to the extension of the Spring Festival holiday and the postponement of resumption of work in the downstream areas, most of the terminal enterprises have not resumed work, and the new demand has not yet been released. In addition, the national road transportation has been affected, the trans provincial transportation is difficult, and the transportation and demand conditions have led to an increase in the inventory of caprolactam manufacturers. This week, the factory actively reduced production. At present, the overall operating rate of domestic caprolactam has dropped to 62.49%. Downstream contracts are mainly executed, and Sinopec’s advance collection price in February is reduced by 450 yuan / ton to 11550 yuan / ton (liquid, premium products, six-month acceptance and self withdrawal).

Adipic acid: in January, the market practice entered the Spring Festival holiday, and the sudden health and safety incidents developed rapidly. In most regions, road transportation at all levels was restricted, and short-distance delivery was also significantly affected. The market was much lighter than before. At the end of January and the beginning of February, the adipic acid plant completed the invoicing work, and the price increased by 300-400 yuan / ton compared with the previous month. Until now, most areas of the country have restricted the commencement of construction, which has been temporarily postponed to February 10. However, only a few enterprises have heard about and stopped the continuous production of adipic acid plant due to transportation restrictions, while others still have a proper production scheduling. Some relevant personnel are on duty or rotation. Recently, Shandong and other places have also adopted policies to guide the transportation of industrial and agricultural materials, and enterprises have also actively supported and provided cooperation services for customers, but there is no downstream service It is difficult for many factories to deliver goods to the outside world.

3、 Future forecast

Affected by the national transportation and logistics, on the cost side, the pure benzene inventory increased, the market price was expected to be lowered, and the market support for cyclohexanone was insufficient. On the demand side, the start-up of the terminal plant is delayed, and the enthusiasm of downstream caprolactam procurement is expected to decrease. Under the inventory pressure, the cyclohexanone analysts of the business community predict that the market price of cyclohexanone is more likely to linger near the cost line, and the price is likely to be lowered.

1、 Price trend

According to the price monitoring of the business agency, the comprehensive price of potassium chloride is temporarily stable this week. This week, the average price of the mainstream comprehensive quotation of potassium chloride was 2215.00 yuan / ton, down 8.47% year on year compared with the same period last year. Overall, this week’s potassium chloride market was temporarily stable, with the January 10 potassium chloride commodity index at 70.32.

2、 Market analysis

The quotation of mainstream potassium chloride manufacturers this week is temporarily stable: the weekly ex factory quotation of Qinghai Salt Lake potassium chloride is 2180 yuan / ton, which is temporarily stable compared with that at the beginning of the week; the weekend distribution quotation of Anhui Badu potassium chloride is 2250 yuan / ton, which is temporarily stable compared with that at the beginning of the week. This week, the actual transaction in the potassium chloride market is not good. On the whole, the main contradiction in the market is that the supply exceeds the demand, the trading atmosphere is cold, the downstream procurement is just in demand, the overall inventory is low, the purchasing market momentum is low, and the domestic potassium chloride market is stable.

3、 Future forecast

Potassium chloride market overall trend or low consolidation in late January. After the adjustment in December, the capital return of each plant is in good condition, the equipment maintenance is completed, and the production capacity is increased. However, the market of potassium chloride is facing three major pressures, namely, large stock, weak demand and downward international prices. Therefore, the main contradiction in the current market is that supply exceeds demand. According to analysts of KCl in business association, the short-term market of KCl is dominated by low consolidation under the influence of supply and demand and raw materials.