Monthly Archives: February 2021

Propane market rebounded at the end of the month and prices rose in a narrow range

Propane market rebounded at the end of the month, with a narrow upward trend. According to the data monitoring of business news agency, the average market price of propane was 4040.00 yuan / ton on February 25 and 4067.50 yuan / ton on February 26, up 0.68% on a single day and 0.74% compared with February 17.

 

As of February 26, domestic mainstream propane prices by region are as follows:

Regional specifications February 26

Propane in East China,% (V / V) not less than: 95 4150-4300 yuan / ton

In North China,% (V / V) is not less than 95 3800-4000 yuan / ton

In Shandong Province,% (V / V) propane is not less than 95 3900-4050 yuan / ton

In South China,% (V / V) is not less than: 95 4260-4450 yuan / ton

At the end of February, Shandong propane market had a narrow rise. International crude oil mainly rose at the end of the month, which brought some support to the market. LPG and propane both rose. At present, the southern market is stable and upward, while the northern market is up and down. However, due to the weak terminal demand, the downstream market entry is not active, and most of them make up on demand.

 

In terms of international market, Saudi Aramco announced in February that there was an increase in propane and butane. Propane was 605 US dollars / ton, up 55 US dollars / ton compared with last month; butane was 585 US dollars / ton, up 55 US dollars / ton compared with last month.

 

At present, the international crude oil shock has brought some support to propane. At the end of the month, with the introduction of CP price in March, there is a rising expectation, which brings some good to the market. The propane market has recovered, but the main reason for the lack of power of price rise is the poor terminal demand. It is expected that the propane market will rise in a short period of time.

Gamma PGA

Slow recovery of methanol market

Recently, the domestic methanol market rebounded slowly. According to the monitoring data of business news agency, as of February 25, the average price of methanol producers in Shandong was 2282 yuan / ton, with a month on month decrease of 2.25% and a year-on-year increase of 13.45%. After the festival, the downstream enterprises replenish goods appropriately, the logistics is restored, and the freight is reduced. Domestic methanol market recovered slowly.

 

As of 2.25, methanol market price summary by Region:

 

Region, price

Qinghai Area/

RMB 1950-1960 / T in Shanxi

Liaoning area: 2150 yuan / ton

Fujian area: 2520-2530 yuan / ton

RMB 2220-2280 / T ex factory cash for reference in two lakes area

Anhui area: 2280-2350 yuan / ton

RMB 2150-2160 / T in Henan

In terms of upstream and downstream, dimethyl ether market fell sharply, and trading was deadlocked; domestic acetic acid market was strong at a high level, and acetic acid price had been strong at a high level after continuous rise in the early stage; MTBE market was mainly stabilized and consolidation, with only slight adjustment in some regions.

 

In terms of external market, as of February 24, CFR China methanol closed at US $304.00-305.00 per ton, up US $1 per ton; CFR Southeast Asia methanol closed at US $378.00-379.00 per ton, up US $4 per ton. US Gulf methanol closed at 112.00-113.00 cents per gallon, while FOB Rotterdam methanol closed at 342.50-343.50 euros per ton, down 0.5 euro per ton.

 

In the future, traders’ willingness to hold goods is not strong, they have to ship goods at high prices one after another, market buying remains just in demand, and transaction is weak. Business community methanol analysts expect that the domestic methanol market in the short term consolidation.

Gamma PGA

On February 24, the price of some fluorine chemical products rose

On February 24, 2021, there were 2 kinds of commodities rising, 0 kinds of commodities falling and 5 kinds of commodities rising or falling to 0 in the price fluctuation list of fluorine chemical industry. Rising products include fluorite and chloroform; stable products include hydrofluoric acid, R22, R134a, aluminum fluoride and cryolite.

 

On February 24, the price of fluorite in the fluorine chemical raw material market rose. The price of fluorite was 2761.11 yuan / ton, and the price of fluorite rose slightly. Recently, some fluorite plants in China started generally, and some mines and flotation plants stopped. The fluorite supply in the plant was tight. However, the downstream market was stable, and the price of fluorite was affected and the increase was limited. As of the 24th, the price of fluorite in Jiangxi was 2700-2900 yuan / ton, and that in Inner Mongolia was 2500-2700 yuan / ton. It is expected that the price of fluorite will remain high and volatile in the future.

 

In the near future, the market trend of the downstream refrigerant industry is general, the operating rate remains low, and the demand for hydrofluoric acid is general. However, due to the reduction of the supply in the market, the price trend of hydrofluoric acid market is temporarily stable. As of the 24th, the quotation of hydrofluoric acid market is 10600 yuan / ton. In the near future, the price trend of hydrofluoric acid market is stable, and the operating rate of domestic hydrofluoric acid is less than 60% The supply of goods is normal, the market of goods on the floor is normal recently, and the ex factory price of some enterprises is stable. Up to now, the mainstream of hydrofluoric acid negotiation is 10000-11000 yuan / ton. However, people on the floor reflect that it is difficult for the hydrofluoric acid market to rise in the near future, and business analyst Chen Ling thinks that the market situation of hydrofluoric acid may remain volatile.

 

The price trend of aluminum fluoride products is temporarily stable, the market supply is normal, and the trading market is general. The ex factory price of aluminum fluoride of Zhengzhou Tianrui Crystal Technology Co., Ltd. is 8700 yuan / ton, and the price of aluminum fluoride of Zhengzhou Zerun energy and Chemical Co., Ltd. is 8700 yuan / ton. The overall market supply of aluminum fluoride is sufficient, and the overall price of aluminum fluoride market is relatively stable.

 

In recent years, the price of trichloromethane in Shandong has been rising. The overall demand of the downstream market has not changed much. The demand for trichloromethane is general. As the downstream market begins to stock up, the market price of trichloromethane has risen slightly. At present, the start-up of chloroform production enterprises in Shandong is high, the market spot supply is stable, and the shipping situation of enterprises is flat. In order to prevent excessive warehouse pressure in the future, enterprises bid for shipping. At present, the quotation in Shandong is about 2400-2500 yuan / ton.

 

In recent years, the price trend of domestic cryolite is temporarily stable, the operation of the plant is stable, and the supply is normal. The domestic negotiation price is about 6500-7000 yuan / ton, and the actual transaction price is mainly negotiation. In general, the recent market of fluorine chemical industry is general, and it is expected that the trend of fluorine chemical industry will remain volatile in the later period.

 

In the near future, the price trend of downstream refrigerants R22 and R134a is temporarily stable, the price of raw material chloroform rises slightly, and the cost support is general. In the near future, the downstream gradually starts to prepare goods, the demand side rises, and the market center rises slightly. Due to the stable price trend of hydrofluoric acid, the price of some affected refrigerants rises. The price trend of R134a is mainly stable and the market is relatively strong. In the near future, the start-up in the downstream remained low, but the raw material support was strong, and the refrigerant market was mainly volatile.

Gamma PGA

Cost supports price rise of potassium carbonate

According to the data monitored by the business agency, the average ex factory price of domestic light potash including tax was 6575.00 yuan / ton on the 22nd, and 6625.00 yuan / ton on the 23rd, up 0.76%. The current price increased by 0.76% month on month and 3.92% year on year.

 

Recently, the domestic potash market rose. After the spring, compared with the Spring Festival, the logistics and transportation were smoother. The downstream factories began to work gradually and maintained the just needed procurement. The trading atmosphere of potash market was acceptable and the market rose slightly. According to the statistics of the business society, the mainstream ex factory quotation range of domestic industrial grade potassium carbonate this week is about 6400-6700 yuan / ton (the quotation is for reference only), and the quotation is different according to the different procurement situation.

 

Recently, the quotation of mainstream potassium chloride manufacturers is temporarily stable: the ex factory quotation of Qinghai Salt Lake potassium chloride at the weekend is 2050 yuan / ton, which is temporarily stable compared with that at the beginning of the week; the distribution quotation of Anhui Badou potassium chloride at the weekend is 2230 yuan / ton, which is temporarily stable compared with that at the beginning of the week. The actual transaction of potassium chloride market is not good, the downstream purchasing is mainly rigid demand, the overall inventory is low, the purchasing market momentum is low, and the domestic potassium chloride market is stable.

 

Potash analysts from business news agency believe that after the Spring Festival, imported potash will be slightly replenished, but the overall supply of domestic potash is still slightly tight. The cost support is acceptable. It is expected that the price of potassium carbonate will mainly rise in the short term, and the long-term market still needs to wait and see. (the above prices are provided by the main manufacturers of potassium nitrate all over the country and sorted out and analyzed by the potassium carbonate analysts of the business society. They are for reference only. For more price details, please contact the relevant manufacturers for consultation).

Gamma PGA

Butadiene market price has broken through, narrow range up

Recently, the domestic butadiene market continued to rise. According to the sample data monitored by the business community, as of February 22, the domestic butadiene market price was 6747 yuan / ton, up 9.09% month on month and 5.54% year on year.

 

The domestic butadiene market continued the upward trend, Sinopec’s supply price continued to rise, and the external transaction price rose, so the market continued to be bullish in the short term.

 

In terms of enterprises, Sinopec’s butadiene supply price rose by 300 yuan / T to 7300 yuan / T after rising 500 yuan / T to 7000 yuan / T at the end of last week; Huajin butadiene plant in North China is in normal operation, mainly in the downstream of pipeline transportation, with no supply for export; Dalian Hengli butadiene price increased by 250 yuan / T to 7210 yuan / T.

 

The external supply price of butadiene of main production enterprises is as follows:

 

Enterprise. Price (yuan / ton). Plant dynamic

The butadiene plant of Liaoyang Petrochemical Co., Ltd. with a capacity of 70.503 million tons / year has been in stable operation, and a small amount of goods are exported

Dalian Hengli 7910 normal export

Liaotong Chemical Co., Ltd

Fushun Petrochemical Company

Normal operation of 70810007000t / a butadiene oxidative dehydrogenation unit in Inner Mongolia Jiutai

External market: as of the close on February 19, the external price of butadiene in Asia rose: FOB Korea closed at US $835-845 / T, up US $70 / T; CFR China closed at US $855-865 / T, up US $50 / T. The external price of butadiene in Europe rose: FOB Rotterdam closed at 675-685 US dollars / ton, up 30 US dollars / ton; FD northwest Europe closed at 625-635 euro / ton, up 30 euro / ton.

 

In the future, the external transaction price continues to rise, and the downstream rubber industry chain market continues to rise as a whole. Boosted by the news, business community butadiene analysts expect that in the short term, domestic butadiene supplier prices will continue to rise

Gamma PGA

Phosphoric acid market keeps stable after holidays

1、 Price trend

 

According to the block data list of business news agency, on February 20, the average price of domestic phosphoric acid was 5050 yuan / ton, which was the same as that before the festival (9 days) and the same month on month, with a decrease of 5.61% compared with the same period last year.

 

2、 Market analysis

 

After the festival, the phosphoric acid market is stable, the price of raw materials is temporarily stable, and the festival atmosphere has not subsided. Some phosphoric acid enterprises start work on the eighth day of the lunar new year, some enterprises plan to enter the market next week, and the downstream demand side is gradually recovering. As a whole, the market is still in a rest period. The price of phosphoric acid mostly maintains the level before the festival, and the attitude of the industry is relatively calm. According to the monitoring of the business agency, as of February 19, the quotation in Sichuan was 4900-5500 yuan / ton, that in Yunnan was about 4900 yuan / ton, that in Beijing was about 4700 yuan / ton, that in Hubei was about 4900-5200 yuan / ton, that in Tianjin was about 5600 yuan / ton, and that in Guangxi was about 5400 yuan / ton.

 

Regional ﹣ product specification ﹣ date ﹣ price (yuan / ton)

Sichuan Province: 85% industrial grade – 4900-5500

Hubei Province: 85% industrial grade – 4900-5200

Yunnan Province: 85% industrial grade – 4800-4900

The content of ﹣ phosphoric acid in Guangxi: 85% industrial grade ﹣ 5000-5400

Beijing Tianjin area: 85% industrial grade – 4700-5600

At present, the market price of yellow phosphorus is mainly stable. Up to now, the mainstream quotation of yellow phosphorus in Yunnan is about 16300-16600 yuan / ton; the mainstream quotation in Sichuan is about 17000 yuan / ton; the mainstream quotation in Guizhou is about 16500 yuan / ton. The price of upstream phosphate rock basically remained stable. It is expected that the price of yellow phosphorus will be stable in the short term.

 

After the festival, the domestic phosphate rock market as a whole maintained a stable trend before the festival, and the downstream demand showed a general performance after the festival. There was basically no guiding adjustment in the prices of phosphate ore mines in Guizhou and other places after the festival. The phosphate ore analysts of the business community predicted that the phosphate ore market would maintain a stable finishing operation from the festival to the end of the month, with little fluctuation in the finishing market.

 

3、 Future forecast

 

According to the phosphoric acid analysts of Shangshe chemical branch, at present, the raw material price is temporarily stable, and the quotation of phosphoric acid enterprises is at the pre Festival level. In addition, the downstream demand is in the start-up period, and the industry is in a wait-and-see state, and there is no price adjustment plan for the time being. It is expected that the phosphoric acid market will be stable in the short term.

Gamma PGA

After the festival, the price of domestic phosphate rock keeps stable

According to the data monitoring of business news agency, as of February 19, the reference average price of 30% grade phosphorus ore in mainstream areas in China was around 403 yuan / ton, which was basically the same as the price in early February (February 1). Compared with the price in early January (reference average price on January 1 was 396 yuan / ton), the average price increased by 7 yuan / ton, or 1.68%.

 

In the early spring festival, the domestic phosphorus ore market was mainly stable. With the stop of logistics and transportation before the festival, the delivery was limited. Most of the orders were from the surrounding areas of the mine, and most of the orders were from the living room of old customers. The overall market turnover was relatively cold.

 

After the festival, the domestic phosphorus ore market will maintain stable operation

 

After the festival, the domestic phosphorus ore market maintains a temporary stable operation. At present, most of the sites are mainly on the lookout, and the overall start-up is low. The recovery of downstream demand is relatively slow. Before the festival, the number of parking and maintenance of downstream enterprises is increasing. After the festival, they are still in the process of start-up. The support for the phosphorus ore market is weak. At present, the phosphorus ore market has a general trading atmosphere, and the market price basically maintains the previous market. On the 19th, the price of 28% ammonium phosphate ore boat board in Hubei Province was around 380-390 yuan / ton, which was basically the same as before the festival. Guizhou Province 22% grade phosphate ore platform quotation reference 130-160 yuan / ton nearby, 28% grade phosphate ore car plate quotation reference 280-320 yuan / ton nearby, 30% grade phosphate ore car plate quotation reference 340-380 yuan / ton nearby. Guangxi region: 28% of the price of phosphate rock slab is around 290-320 yuan / ton, and 30% of the price of phosphate rock slab is 340-370 yuan / ton.

 

Downstream, after the Spring Festival, the domestic yellow phosphorus market will be temporarily stable. At present, the ex factory acceptance price of Yunnan Net phosphorus is 16200-16400 yuan / ton. Most enterprises have not offered new prices, and some enterprises continue to offer pre Festival prices. Phosphoric acid market is stable for the time being.

 

Market returns to work in succession, short term adjustment is limited

 

At present, after the festival, the domestic phosphate rock market as a whole maintains the stable trend before the festival, and the downstream demand after the festival shows general performance. There is basically no guiding adjustment for the price of phosphate ore mines in Guizhou and other places after the festival. The phosphate ore analysts of the business community predict that the phosphate ore market will maintain a stable finishing operation from the festival to the end of the month, and the finishing market has little fluctuation.

Gamma PGA

Salicylic acid market stable this week (2.1-2.7)

1、 Price trend

 

According to the price monitoring of the business association, on February 7, the average price of salicylic acid (industrial grade) mainstream manufacturers was 13933 yuan / ton, which was the same as that at the beginning of the month, the same as that at the beginning of the month, the same as that at the same period last year, and the recent market was relatively stable.

 

2、 Market analysis

 

This week, the market of salicylic acid has been running smoothly, and the price has not changed compared with the beginning of the week. As the Spring Festival is approaching, the goods preparation of the downstream is basically finished, and the traders continue to withdraw from the market. The market as a whole has entered the holiday mode. Therefore, before the Spring Festival, the price of salicylic acid is difficult to fluctuate, and the price is stable. As of February 7, the quotations of salicylic acid industrial enterprises are mostly in the range of 12000-15000 yuan / ton, the supply and demand are stable, the prices are stable, the quotations of pharmaceutical grade are mostly in the range of 23000-25500 yuan / ton, and the quotations of sublimation grade are mostly in the range of 15000-20000 yuan / ton, the quotations are stable.

 

In terms of raw materials, the market offer of phenol continued to remain stable. On February 5, the reference price of phenol was 6620.00, which was the same as that on February 1. The phenol Market in East China has risen steadily enough, and the factory has been concentrating on the increase.

 

Sulfuric acid, February 5, Shandong sulfuric acid market temporarily stable, sulfuric acid reference price of 322.50, flat with February 1. The sulfur market in the upper reaches has been consolidated at a high level recently, and the cost support is good, but the purchasing enthusiasm in the lower reaches is general, the supply of sulfuric acid is normal, and the ex factory price of sulfuric acid fluctuates slightly in the future.

 

According to the price monitoring of the business community, in the list of commodity prices in the 5th week of 2021 (2.1-2.5), there were 42 kinds of commodities in the chemical industry sector, among which 8 kinds of commodities increased by more than 5%, accounting for 8.7% of the total number of commodities monitored in the sector; the top 3 commodities were 1,4-butanediol (14.52%), hydrobenzene (13.66%) and crude benzene (11.45%). There were 17 kinds of commodities with a month on month decrease, and 2 kinds of commodities with a decrease of more than 5%, accounting for 2.2% of the number of commodities monitored in this sector; the top 3 products with a decrease were isopropanol (- 6.15%), hydrochloric acid (- 5.13%) and ethylene (- 4.79%). The average rise and fall this week was 1.09%.

 

3、 Future forecast

 

Salicylic acid analysts of business news agency believe that: near the Spring Festival, the stock of downstream products before the year is basically closed, the traders continue to withdraw from the market, and the market as a whole enters the holiday mode. Therefore, before the Spring Festival, the price of salicylic acid is difficult to fluctuate, and the price is stable.

Gamma PGA

BDO market continues to rise

Good continued, domestic BDO market continued upward trend. According to the sample data monitored by the business community, as of February 9, the average price of domestic BDO producers was 17050 yuan / ton, up 29.90% month on month and 72.64% year on year.

 

Domestic BDO market continued upward trend, but real single trading was weak. At present, the supply of goods on the floor is in short supply. Manufacturers mainly deliver contracts or early orders. They continue to support the market and digest the increase brought by the bidding price. The main downstream PTMEG spandex industry chain, gbl-nmp industry chain, PBAT and so on started stable, and the demand was supported; the enthusiasm of other downstream entering the market to make up the position still existed, but due to the shortage of goods, the new order negotiation was less.

 

In terms of equipment, great wall energy takes turns to replace the catalyst. I heard that Xinye is expected to stop for five days around February 15 due to the difficulty of hydrogen supply.

 

At present, the strong offer of factories continues, but with the increase of delisting in the middle and lower reaches of the market, the atmosphere of offer counter-offer is slightly reduced, and a small number of just need small order negotiations still exist. BDO business analysts expect that the domestic BDO market in the short term high volatility.

Gamma PGA

Melamine market price stable this week (2.1-2.5)

1、 Melamine price trend

 

Gamma PGA fertilizer

(Figure: p-value curve of melamine products)

 

2、 Market analysis

 

This week, the melamine market was mainly stabilized, and the prices of some enterprises rose. According to the monitoring sample data of the business community, as of February 5, the average price quoted by melamine enterprises was 7200 yuan / ton, up 2.37% compared with the beginning of the week, and down 0.92% compared with January 5. Recently, the price of upstream urea has risen, and the cost support is obvious. Melamine enterprises mainly ship orders in the early stage. As the Spring Festival is approaching, the terminal enterprises stop work one after another for holidays, and the demand is weakening. In addition, the logistics transportation in various places is gradually stopped, and the atmosphere of on-site trading is becoming lighter and lighter.

 

At present, the mainstream price of melamine in Shandong is around 7000 yuan / ton, the mainstream price of melamine in Xinjiang is around 6300 yuan / ton, and the mainstream price of melamine in Sichuan is around 6800 yuan / ton. The quotation is for reference only, and the actual price shall prevail.

 

Upstream urea, Shandong urea market rose on February 5. On the demand side, the agricultural procurement in the mainstream areas is cautious, and there is an appropriate amount of fertilizer preparation. Affected by the air pollution control, some plate enterprises shut down, the starting load of compound fertilizer enterprises is not high, and the industrial demand is limited. On the supply side, some gas head enterprises plan to resume production, and urea production is gradually increasing.

 

According to the price monitoring of business community, in the list of commodity price rise and fall on February 4, 2021, there were 14 kinds of commodities in the chemical industry sector, including 2 kinds of commodities with an increase of more than 5%, accounting for 2.2% of the number of commodities monitored in the sector; the top 3 commodities with an increase were crude benzene (9.53%), hydrobenzene (6.54%) and isooctanol (3.15%). There were four kinds of commodities that declined on a month on month basis, and the top three products were n-propanol (- 1.53%), isopropanol (- 1.18%) and styrene (- 0.23%). The average daily rise and fall was 0.35%.

 

3、 Future forecast

 

Melamine analysts of business news agency believe that the recent rise in the price of raw material urea has boosted the mentality of the industry, the operating rate of melamine has increased, the Spring Festival is approaching, and the market turnover is gradually weakening. It is expected that the melamine market may be stable in the short term, and the specific trend needs to pay more attention to the market information guidance.

Gamma PGA cosmetic