Price Trend

According to the price monitoring of business associations, the price of calcium carbide manufactured in Northwest China was temporarily stable this week. The average price quoted by mainstream carbide producers this week was 3,016.67 yuan/ton, up 3.59% from the same period last year. Overall, the market of calcium carbide was stable this week, with the index of calcium carbide commodity on July 26 being 79.04.

II. Trend Analysis

(1) Products:

This week’s northwest region calcium carbide factory price is temporarily stable: Ovega can quote 3,100 yuan/ton this week, the quotation is temporarily stable; Shaanxi Coal Industry quoted 2,950 yuan/ton this week, the quotation is temporarily stable; Inner Mongolia China Federation quoted 3,050 yuan/ton this week, the quotation is temporarily stable; Ningxia Xingping this week’s calcium carbide quotation is 2,900 yuan/ton, the quotation is temporarily stable.

This weekend, the actual transaction price of calcium carbide in Northwest China is about 2900-3050 yuan/ton: the mainstream transaction price of calcium carbide in Shaanxi is about 3000 yuan/ton; the mainstream transaction price of calcium carbide in Ningxia is about 2900 yuan/ton; the mainstream transaction price of calcium carbide in Inner Mongolia is about 3000 yuan/ton, and the actual transaction price is mainly negotiated.

(2) Industrial chain:

Upstream raw material market: This week, coke ex-factory quotation rose from 1746.67 yuan/ton at the beginning of the week to 1803.33 yuan/ton at the end of the week, up 3.24%, down 7.22% from the same period last year. The price of raw materials in the upstream rises, which is affected by the price, and has a positive impact on the price of calcium carbide.

Downstream market: PVC ex-factory prices rose slightly this week. The price of PVC rose from 6732.50 yuan/ton at the beginning of the week to 6742.50 yuan/ton at the end of the week, up 10.00 yuan/ton, up 0.15%, down 1.04% from the same period last year. The upstream customers’enthusiasm for calcium carbide purchasing and the rising demand for calcium carbide have a positive impact on the market of calcium carbide.

3. Future Market Forecast

After the adjustment in June, the capital reflux of each factory is in good condition, the equipment has been repaired and the production capacity has increased. The price rise of raw materials in the upstream has a positive impact on the price of calcium carbide. The price of PVC in the downstream has an upward trend. Customers’enthusiasm for procurement of calcium carbide has also increased, and the demand for calcium carbide has increased. Later market forecast that the price of calcium carbide in the northwest region will rise concussively in late July, but the increase is not large, and the ex-factory price may remain around 3050 yuan/ton.

Price data

According to the data from the business associations, the market price of sulphur in East China was stable this week. The average price of granular sulphur was 900.00 yuan/ton in the week, which was 17.09% lower than that of last year.

II. Market Analysis

Products: This week, the domestic sulphur market continued to be weak, the price trend was down, refineries in various regions continued to be downgraded according to their own shipments, and refineries in some regions maintained stable operation. As of the 26th, the mainstream price of solid sulfur in Sinopec’s Shandong region was 960-970 yuan/ton, while that of liquid sulfur was 770-820 yuan/ton. The mainstream price of solid sulfur in North China was 730-790 yuan/ton, and that of liquid sulfur was 700-780 yuan/ton. The price of solid sulfur in East China was reduced by 20-30 yuan/ton. The current price is 770-840 yuan/ton, the mainstream price of liquid sulfur is 740-820 yuan/ton, and the price is reduced by 50 yuan/ton.

Industry chain: The price trend of Shandong sulfuric acid Market in the lower reaches of this week has slightly declined, and the acid price has been flexibly lowered by 20-30 yuan/ton. Heze Jiangyuan quoted 230 yuan/ton this week, and the quotation was temporarily stable; Zouping Tianlu’s quotation fell from 120 yuan/ton at the beginning of the week to 90 yuan/ton at the end of the week, and the quotation fell by 30 yuan/ton; Jinan Yuanfei’s quotation was 450 yuan/ton, and the quotation was temporarily stable; Dezhou Meihua’s quotation was 170 yuan/ton, and the quotation was temporarily stable. The sulphuric acid market is weak and persistent. Customers’enthusiasm for sulphuric acid procurement is general. The market demand is weak. Businessmen are cautious. The sulphuric acid factory price in the future is low.

Industry: At present, domestic sulfur market continues to be weak, downstream demand remains unchanged, terminal purchasing enthusiasm is weak, there is no information guide for internal and external plates, port storage consumption is slow, and the industry has a strong hollow outlook. In the absence of information guidance in the market and weak buyer intentions, market transactions remain cold and negotiations are difficult to improve.

3. Future Market Forecast

Business sulfur analysts believe that the current sulfur market lacks information guidance, the enthusiasm of on-site negotiations is weak, the buyer has a strong wait-and-see atmosphere, and the short-term sulfur market is expected to continue a weak downward trend.

Price Trend

According to data from business associations, the market of DMF was stable this week. The average price of DMF this week was 4433.33 yuan/ton, and the current price fell 17.39% compared with last year.

II. Market Analysis

Products: DMF market is stable this week, mainstream manufacturers in East China quoted 4 450-4 575 yuan/ton, mainstream manufacturers in Guangdong at 4 600 yuan/ton. Anyang nine-day 120,000 tons/year DMF device stopped for overhaul on the evening of July 2. The overhaul time was about 17 days, and 30,000 tons/year device stopped for overhaul on June 13. The overhaul time was about 25 days. DMF has sufficient inventory and stable price.

Industry chain: The upstream methanol market was affected by macro and port inventory. The price at the beginning of the week was 2134.00 yuan/ton, and at the end of the week was 2100.00 yuan/ton, a decline of 1.57%. Domestic slurry manufacturer equipment start-up rate is general, maintain just need to purchase, DMF price is stable.

3. Future Market Forecast

The upstream methanol market has been declining in recent days, and the downstream demand is general. Therefore, DMF product analysts of business associations believe that the short-term DMF market is mainly weak consolidation.

Price Trend

According to business association monitoring data, this week silicone DMC continued to rise rapidly, combined with several mainstream quotation areas, the average price ring than last week rose by about 1000 yuan/ton. This week, the DMC mainstream offer was raised to 17500-19400 yuan/ton.

II. Market Analysis

Products: Silicone in July is really the beginning of the rise. This week, domestic silicone DMC prices ushered in a wave of rise, the speed of increase, the extent of increase, increase in enterprise orders. At present, the lowest quotation of DMC is 17600 yuan/ton, up 500 yuan/ton from last week. The supply of multi-factories is too tight, the closure is not reported, existing orders are processed, new orders are suspended, the overall shipment rate has been improved, and downstream demand is better. The quotation of Shandong province is around 18000-19400 yuan/ton, and that of Hubei province is around 17600 yuan/ton at the beginning of the week. In terms of start-up, the overall start-up rate of individual enterprises is 67% and Sanyou’s overhaul is completed. At present, it starts at full load, and there are overhauls near Hengye Cheng 20.

Industry chain: Driven by DMC, silicone oil and 107 glue have risen by nearly 1000 yuan/ton this week, and many mainstream enterprises have closed down and restricted their sales. Silicone glue enterprises are affected by this, and their prices are expected to rise again. Silicone oil, 107 glue upstream and downstream trend conduction is smooth, but the implementation of the transaction, the market seems to be indecipherable, and there is no hot turnover. At present, the raw rubber market is driven by DMC, and the mainstream quotation of the market has been raised to about 19000-20500 yuan/ton, but most of them are closed and the trading atmosphere is general.

3. Future Market Forecast

Business analysts believe that: in the short term do not rule out the possibility of continued price increases, but still need to guard against too fast rise, prices are often prone to sharp falls.

Price Trend

According to the data monitored by business associations, the PP market is on the strong side this week. As of July 19, the mainstream offer price of T30S by domestic producers and traders was around 8833.33 yuan/ton, up 2.32% from the beginning of the month.

II. Cause Analysis

Upstream: Since last weekend, PP upstream propylene market supply shortage has improved to some extent, the supply increased. Downstream just need to purchase, the operation is more cautious. As of Friday, PP upstream propylene distributor manufacturers’offer declined.

Products: Domestic PP supply shortage situation has not improved. But PP itself has entered the traditional demand off-season, and there is a certain degree of wait-and-see mentality on the field. Zhenhai Refinery (Sinopec East China) PP ex-factory price, drawing T30S quoted for 8900 yuan/ton. Jiujiang Petrochemical (Sinopec East China) PP ex-factory price, drawing T30S quoted 8800 yuan/ton. Fushun Petrochemical (CNPC East China) PP ex-factory price, drawing T30S quoted 8800 yuan/ton. Daqing Petrochemical (CNPC Northeast) PP ex-factory price, drawing T30S quoted 8800 yuan/ton. Dalian Organic PP (CNOOC Northeast) ex-factory price, drawing T30S offer for 8600 yuan/ton. Jingmen Petrochemical (Huazhong) PP ex-factory price, drawing T30S quoted 8850 yuan/ton.

3. Future Market Forecast

PP business analysts believe that the current domestic demand for PP into the traditional demand off-season, weakening the recent upward momentum. On-site trading is still acceptable, but dealers’shipment mentality is weak. The shortage of goods has not improved and the trading atmosphere is flat. PP trend is expected to continue to shake the whole market in the near future.

Price Trend

According to the monitoring data of business associations, the domestic butanone market rose significantly this week. At present, the mainstream domestic butanone quotation is around 6200-6700 yuan/ton, up 5.79% compared with July 5.

II. Market Analysis

Products: Most butanone factories in China have no inventory pressure through centralized shipment in the early stage, and the delivery volume has decreased significantly. This week, the butanone market prices continued to rise steadily. At present, the market price of butanone in Jiangsu refers to the spot remittance tank near 6500-6700 yuan/ton. The inquiry atmosphere is slightly better, and the downstream end-user purchase is general. Pear trees in Dongming, Shandong Province, were stopped because of equipment problems, and there was no spot sale. Overall, the domestic butanone market is still on the tight side next week. In this case, support prices are rising slowly.

3. Future Market Forecast

Business society data analysts believe that the short-term forecast is more likely to rise steadily.

Price trends:

The price of acetic anhydride remained stable in July, according to monitoring data from business associations. As of July 13, the average price of acetic anhydride quoted by acetic anhydride enterprises was 5133.33 yuan/ton, which was 0.65% higher than that of 5,100 yuan/ton at the beginning of the month. This week, the price of acetic anhydride remained stable, and the overall price of acetic anhydride remained stable in the near future. The price of acetic anhydride fell 32.57% compared with the same period last year.

II. Market analysis:

Product analysis:

This week, the domestic acetic anhydride factory quotation is stable, and the market transaction price is stable. As of July 12, most of the region’s ex-factory quotations were between 4900 and 5000 yuan/ton. The actual transaction price was stable. The actual transaction price in Shandong was around 4900 yuan/ton. The price was stable. The market quotation was the reference price. The actual transaction price was based on actual negotiation. Acetic anhydride factory equipment start-up rate is low maintenance, factory inventory is limited, downstream customers pick up goods cautiously, acetic anhydride downstream sales situation is general, acetic anhydride rising momentum weakened in the future, acetic anhydride market maintained stable in the future.

Factor analysis of industrial chain:

Recently, acetic anhydride raw material acetic acid price shocks down, methanol price shocks down, acetic anhydride costs down. As of July 12, the price of acetic acid was 2633.33 yuan/ton, down 83.34 yuan/ton, or 3.02 percent, compared with the price of acetic acid at the beginning of the month. As of July 12, the price of methanol quoted 2134.00 yuan/ton, and the price of methanol dropped 2.02%. The overall cost of acetic anhydride dropped, which had a negative impact on the market of acetic anhydride, and the momentum of acetic anhydride rising in the future weakened.

3. Future market forecast:

Bai Jiaxin, an analyst of acetic anhydride data from business associations, believes that the price of acetic anhydride raw materials has fallen recently, the price of methanol has fallen sharply, the cost of acetic anhydride has fallen, and the pressure on the price of acetic anhydride has increased. However, in recent years, acetic anhydride manufacturers have maintained a low start-up rate, limited inventory, acetic anhydride has a certain upward momentum; demand, recent downstream procurement on demand, procurement enthusiasm is general, acetic anhydride sales pressure, the market for acetic anhydride is mixed. Generally speaking, the market of acetic anhydride is mixed, the pressure of acetic anhydride falling still exists, and the momentum of rise is insufficient. It is expected that the market of acetic anhydride will remain weak and stable in the future.

Price Trend

According to the data of business associations, the market trend of powdered ammonium has been stable this week. The average price at the beginning of the week is 2200 yuan per ton, and at the end of the week it is 2200 yuan per ton.

II. Market Analysis

Products: At present, the domestic ammonium market is running steadily and the price is stable. At present, the market in Anhui maintains stable operation, 55% of the ammonium powder factory quoted 2100 yuan-2200 yuan/ton, and the start-up is stable; 60% of the mainstream ammonium powder factory quoted 2300-2400 yuan/ton in Hubei, which maintains stable operation; the market in Henan maintains stable operation, 55% of the ammonium powder factory quoted 2100 yuan/ton, and the start-up is stable. The overall start-up rate of enterprises is about 50%.

Industry chain: upstream phosphoric acid enterprises start stable, spot supply is tight, stock of raw materials is urgent, supply is difficult to find, high offer of the holder. Domestic sulphur market prices are down, but still at a lower price. Maintaining stable operation of domestic phosphate ore market is dominant, with small fluctuations in some areas. The downstream compound fertilizer enterprises are cautious in picking up the goods, and most of them remain on the sidelines.

3. Future Market Forecast

Ammonium phosphate analysts believe that downstream enterprises are in low demand, most of them are cautious and wait-and-see attitude, but there is still a gap in autumn fertilizer. The market of monoammonium phosphate may run steadily in the short run.

Price Trend

According to the data from the business associations’list, the price trend of domestic TDI market increased slightly this week. The average market price in East China was about 1360.00 yuan/ton at the beginning of the week and 13666.67 yuan/ton at the end of the week. The average market price in East China rose by 0.49% in the week and fell by 54.90% year on year.

II. Market Analysis

Products: This week, the TDI market in eastern China is deadlocked and prices are rising slightly. This week’s purchasing is weak, downstream users in the inventory digestion stage, the market is priceless, traders slightly divergent, the domestic market is slightly cold, most of the business offer stability follow the market. As of the 12th, the quotation of domestic goods with tickets in East China is 13300-13500 yuan/ton, that of Shanghai is 13500-13700 yuan/ton, that of South China is 13400-13500 yuan/ton, that of Shanghai is 13600-13800 yuan/ton, and that of North China is 13600-13800 yuan/ton. 13300-13500 yuan/ton, Shanghai goods with tickets out of warehouse offer reference 13500-13700 yuan/ton.

Industry chain: The price trend of nitric acid in the upstream is slightly lower. At the beginning of the week, the market price is about 1783.33 yuan/ton. At the end of the week, the market price is about 1773.33 yuan/ton. Within the week, the decline is 0.56%. The price quoted by mainstream manufacturers in Jiangsu is about 1720 yuan/ton, which is weak. Anhui mainstream manufacturers quoted 1800 yuan per ton. Shandong manufacturers quote 1800 yuan/ton. The quotation of the manufacturer is basically stable, and the quotation of individual manufacturer is somewhat loose. The nitric acid shipment situation is general. Toluene market prices were stable from the beginning of the week to the middle of the week. Oil prices rebounded in the second half of the week, and prices began to rise. At present, the mainstream prices in East China are around 5,500 yuan/ton, up 1.34% in the week.

3. Future Market Forecast

According to the analysis of business data division, this week, the factory continues to give the power to continuously release the good news to stimulate the market transaction, but the downstream is obviously not cold. The overall response of the demand is slightly dull. The purchase is still in the doldrums, and the domestic TDI market is difficult to fluctuate.

Price Trend

According to the data monitored by business associations (average price of SG5 manufactured by calcium carbide method), domestic PVC quoted 6713 yuan/ton on July 1, and domestic PVC quoted 6775 yuan/ton on July 5. The price of PVC rose 100-200 yuan/ton on the whole, up 0.93%, and the market of PVC rose slightly.

II. Cause Analysis

Product aspect: This week, the price of PVC futures continued to rise, pulling up spot prices, improving the atmosphere of spot delivery, stable trading, resulting in a small increase in the price of PVC. At the same time, PVC spot inventory is relatively low, on demand with production, sales pressure is not high, which plays a supporting role in price rise. As of July 5, the domestic mainstream quotation range of PVC is 6650-7000 yuan/ton.

Industry: On July 4, the rubber and plastic index was 705 points, which was the same as yesterday. It was 33.49% lower than the peak of 1060 points in the cycle (2012-03-14), and 22.40% higher than the lowest point of 576 points on December 21, 2015. (Note: Cycle refers to 2011-12-01 to date) This week commodity market warmed up, the overall trend of rubber and plastic industry shocks up.

3. Future Market Forecast

PVC analysts believe that the demand of PVC terminal is just in demand, the spot stock of PVC market is not pressured, the market transaction is stable, and the macro-economy is warming up. In the short term, the market of PVC is expected to oscillate slightly, and the game between supply and demand dominates the price trend. It is estimated that the mainstream price of PVC 5 will be 6600-7100 yuan/ton.