In July, the domestic ethanol market was significantly lower than the previous narrow range fluctuations. According to the sample data monitored by the business club, the price was 7450 yuan / ton at the beginning of the month and 7120 yuan / ton at the end of the month (July 28), with a decrease of 4.43% during the month and a year-on-year increase of 3.19%.

 

PVA 2088 (PVA BP20)

At the beginning of the month, the domestic ethanol market was mainly volatile. Some time ago, large factories in some regions broke down, reduced production and stopped to add new devices. The supply was reduced, which formed a certain support for the price and rose slightly. The price of raw corn fell, the market price was affected and weakened slightly, and the downstream demand was average, so it was gradually sorted out and operated.

 

In the middle of August, the domestic ethanol market price continued to decline, the actual transaction continued to be low-end, the demand side entered the off-season of Baijiu, and the chemical industry just needed to purchase, so the price was difficult to see a positive boost in the short term.

 

In late August, the domestic ethanol market continued to consolidate. The price of raw corn and cassava fluctuated, and the cost fluctuated; In terms of supply, although some enterprises have device maintenance, the current overall inventory of the industry is high, the consumption on the demand side is weak, Baijiu is mostly shut down at high temperatures, chemicals just need to be purchased downstream, and the market turnover is flat.

 

At the end of the month, the domestic ethanol market continued to decline. The supply side is surplus, the demand side continues to be low, and the prices of raw corn and cassava are difficult to improve in the short term. The prices remain low, and the cost support is weak. Despite the news of device maintenance, the overall supply and demand are weak, and the downstream demand continues to be sluggish, which is difficult to improve.

 

POLYVINYL ALCOHOL

According to the price monitoring of the business club, in the first half of 2022 (1.1-6.30), 136 commodities rose month on month in the list of bulk commodity prices, mainly in the chemical sector (64 in total) and the agricultural and sideline sector (16 in total), and commodities with an increase of more than 5% were mainly in the chemical sector; The top three commodities were butadiene (152.15%), lithium hydroxide (118.46%) and sulfur (89.80%). A total of 95 commodities fell month on month, concentrated in chemical industry (43 in total) and steel (15 in total), and commodities with a decline of more than 5% were mainly concentrated in the chemical industry sector; The commodities with the top three declines were electrolytic manganese (-57.47%), magnesium (-46.60%) and glycine (-45.71%). In this half year, the average increase and decrease was 6.53%.

 

As of July 28, the latest price dynamics of ethanol market in various regions:

 

Region, category, price

Shandong Province, wheat, general grade, 7050-7100 yuan / ton

Shandong Province, superior grade corn, 7800-7900 yuan / ton

Shandong Province. No water in corn. 7950-8200 yuan / ton

Southern Jiangsu, general grade, 7300-7350 yuan / ton

Northern Jiangsu, general grade, 7100-7150 yuan / ton

Northern Jiangsu, superior, 7200 yuan / ton

Northern Jiangsu. No water. 7950-8050 yuan / ton

Anhui Province, general grade, 6900-6950 yuan / ton, ex factory tax included

Anhui Province, no water, 7800-7850 yuan / ton, ex factory tax included

Guangxi, honey alcohol, 7900 yuan / ton

Guangxi region. Corn / Cassava 95% alcohol. 7350-7400 yuan / ton self extraction

Guangxi. Absolute ethanol. 8100-8150 yuan / ton Self Extraction

Guangdong, corn alcohol, 7600-7650 yuan / ton

Guangdong Province, rice / Cassava general ethanol, 7450-7500 yuan / ton, Dongguan Self Extraction

Guangdong Province, anhydrous cassava ethanol, 8150-8200 yuan / ton, Dongguan Self Extraction

Henan, superior, 7200 yuan / ton, ex factory tax included

Henan Province, absolute ethanol, 7900-7950 yuan / ton, ex factory tax included

Hebei Province, general grade, 7250-7300 yuan / ton, tax included

Jinzhou District, Liaoning Province, corn alcohol, general grade, 7100-7150 yuan / ton

Heilongjiang Province, general grade, 6650-6750 yuan / ton, tax included

Heilongjiang Province, absolute ethanol, 7800-7900 yuan / ton

Jilin region, general alcohol, 6650-6700 yuan / ton, ex factory tax included

Jilin region, superior alcohol, 6750-6800 yuan / ton, ex factory tax included

Jilin region, absolute ethanol, 7500-7800 yuan / ton, ex factory tax included

Sichuan, corn alcohol, 7650-7700 yuan / ton

Yunnan, molasses alcohol, 8100-8150 yuan / ton

 

Supply and demand are weak, and ethanol analysts of business society predict that the domestic ethanol market will continue to decline in the short term.

http://www.polyvinylalcohols.com

According to the monitoring data of business news agency, the domestic price of LLDPE (7042) was 8154.29 yuan / ton on July 17, and the average price was 8061.43 yuan / ton on July 26. During this period, the decline was 1.14%, 10.68% lower than that on June 1.

 

PVA 2699

According to the monitoring data of business agency, the average ex factory price of LDPE (2426h) was 10566.67 yuan / ton on July 17 and 10150.00 yuan / ton on July 26, with a decrease of 3.94% during the period and 7.04% compared with June 1.

 

According to the data monitoring of the business agency, the average ex factory price of HDPE (5000S) was 8916.67 yuan / ton on July 17 and 8683.33 yuan / ton on July 26, with a decrease of 2.62% during the period and 10.63% compared with June 1.

 

This week, the domestic polyethylene market price was weak and difficult to change. The three spot varieties continued their downward route, and the price fell. LDPE fell the most significantly during the week, with a decline of nearly 4%. LDPE and HDPE have also decreased, the market is lack of obvious positive, and the mentality of the industry is general. Recently, the international crude oil price fluctuated and fell, which brought some bad news to the market in terms of cost. Most petrochemical enterprises reduce the ex factory price by 100-300 yuan / ton. There is little change in downstream construction, the operating rate is poor, and the enthusiasm to enter the market is limited. The mentality of the merchants is weak, and the price fluctuates and decreases.

 

POLYVINYL ALCOHOL

On July 26, the opening price of polyethylene futures 2209 was 7865, the highest price was 7955, the lowest price was 7785, the closing price was 7906, the previous settlement price was 7808, the settlement price was 7860, up 98, the trading volume was 418607, the position was 319436, and the daily increase was -14677. (quotation unit: yuan / ton)

 

At present, the overall trend of international crude oil is still weak, and the support brought by the cost to the market is insufficient. The ex factory prices of petrochemical enterprises are mostly reduced, the market mentality is empty, the downstream operation has little change, the operation rate is lower than that in previous years, and the market rebound momentum is insufficient. It is expected that the polyethylene spot market may continue to fall in the short term.

http://www.polyvinylalcohols.com

According to the bulk commodity list data of business agency, the formaldehyde Market in Shandong fell in July. At the beginning of the month, the average price of formaldehyde in Shandong was 1270.00 yuan / ton, and at the end of the month, the average price of formaldehyde in Shandong was 1206.67 yuan / ton, down 4.99%. The current price fell 10.12% year-on-year.

 

PVA 1799 (PVA BF17)

formaldehyde

 

In July, the market price of formaldehyde in Shandong Province fluctuated and fell. From the above figure, it can be seen that formaldehyde has mainly fallen in the past two months. As of July 26, the mainstream market price in Shandong is 1180-1220 yuan / ton. Recently, the domestic methanol market has been declining, the cost support is poor, the construction of downstream plate factories has weakened, the demand is weak, the inventory in Linyi area is high, and it is not smooth to go to the warehouse. In order to ship, formaldehyde manufacturers continue to reduce the price, and the formaldehyde market has fallen.

 

Upstream methanol: the methanol market continued to fall in July. At present, the macro level is negative. At the same time, the cost fell significantly, and the pit chemical coal weakened. The demand continues to be weak, and the market confidence is insufficient.

 

POLYVINYL ALCOHOL

In July, the methanol market continued to decline, and the formaldehyde market basically fell with cost fluctuations. The plate factory was not enthusiastic enough to start work due to the high temperature weather, and the demand for formaldehyde continued to be depressed. The market trading atmosphere is general, and the on-site inventory is high. Formaldehyde manufacturers maintain a low price for shipment, and the formaldehyde market continues to decline.

 

Recently, the domestic methanol market fluctuated and fell, and the demand of downstream wood panel factories was low. Therefore, the formaldehyde analyst of the chemical branch of the business agency predicted that the recent decline in the price of formaldehyde in Shandong was mainly below.

http://www.polyvinylalcohols.com

1、 Price trend

 

PVA 2088 (PVA BP20)

According to the bulk list data of business agency, the average market price of domestic liquid caprolactam was 13400 yuan / ton on July 18 and 12833 yuan / ton on July 25. The price of caprolactam fell 4.23% this week.

 

2、 Market analysis

 

The price of raw material pure benzene rose slightly this week and fell back, while the cost of caprolactam was generally supported. However, the market demand is sluggish, and the downstream follow-up is weak. There is a large supply of caprolactam in the market, which reduces the price for enterprises digesting inventory, and the transaction focus moves down.

 

POLYVINYL ALCOHOL

The price of raw material pure benzene fell after rebounding this week. The shipment of pure benzene was tight, and the pure benzene in East China port maintained de stocking. The inventory in East China port this week decreased by 20000 tons compared with last week. The port has a good enthusiasm for picking up goods, and the downstream air filling at the end of the month is OK, and pure benzene rebounded slightly this week. However, the market expects the supply of pure benzene to increase in August. This week, the price of Sinopec pure benzene remained stable at 9150 yuan / ton.

 

3、 Aftermarket forecast

 

Caprolactam analysts of the business society believe that the current caprolactam market is poor and the trend continues to decline. The downstream demand is reduced, the on-site supply is sufficient, the trading volume is small, and most transactions are at low prices. It is expected that the caprolactam market will continue to decline in the short term.

http://www.polyvinylalcohols.com

According to the monitoring data of business agency, the price trend of TDI in East China continued to decline this week. The average market price in East China at the weekend was 16750 yuan / ton, a decrease of 3.60% compared with the price of 17375 yuan / ton on July 16, and a decrease of 5.37% month on month.

 

PVA 2699

During the week, the TDI market was weak and downward, the market news was quiet, the factory had no clear message guidance, the domestic and foreign trade demand was weak, the downstream market entry enthusiasm was not good, and the shipholders negotiated shipment at the expense of profits. The trading atmosphere on the floor was still weak, and the demand follow-up was limited. In order to maintain the pace of shipment, the TDI offer was continuously reduced. As of the 22nd, the quotation range of domestic goods in the distribution market in East China is about 16200-16700 yuan / ton, and the quotation range of Shanghai goods is 16500-17000 yuan / ton, mainly based on actual order negotiation. Dealers followed the market, and the quotation followed the decline, with a slight decline in the market during the week.

 

POLYVINYL ALCOHOL

The upstream toluene market was weak and downward, and the price trend fell during the week. As of July 22, the domestic average price of toluene was about 7880 yuan / ton, down 11.75% from the beginning of the month. The crude oil market was mainly volatile, and toluene in the outer disk rose. However, in terms of downstream demand, most downstream plants were in a state of shutdown, and the follow-up was weak, which gave limited market support, and the center of gravity of toluene moved down during the week.

 

TDI datagrapher of business agency analyzed that the domestic TDI market is in a stalemate between supply and demand. Although there are many factories in the maintenance state, the suppliers have no inventory pressure, and the downstream demand continues to be weak. The export market of the terminal industry is general. There is less positive news on the floor, and the freight holders sell goods at a profit, and the offer is reduced. A small number of people in the floor just need to follow up. Under the sentiment of buying up or not buying down, it is expected that the aftermarket of TDI will continue to be weak, and the specific downstream follow-up needs to be paid attention to.

http://www.polyvinylalcohols.com

According to the monitoring data of business agency, as of July 21, the average price of propylene oxide enterprises was 9733.33 yuan / ton, down 4.26% from Monday, 11.78% from June 21, and 16.57% year-on-year in a three-month cycle.

 

PVA 2699

Propylene oxide market fell this week. Recently, the raw material propylene market has been reorganized and operated, and the cost support is limited. At the beginning of the week, the supply side devices are stable, the downstream procurement enthusiasm is not high, and the market wait-and-see is weak. With the price falling, the factory shipment has improved slightly, but it is still general, some devices have decreased, the downstream procurement mentality is still cautious, and the market game is weak. On the 21st, the mainstream quotation of propylene oxide Market in Shandong fell to about 8400-8500 yuan / ton.

 

Upstream propylene, according to the monitoring data of business agency, on July 20, the reference price of propylene was 7430.60, a decrease of 3.25% compared with July 1 (7680.60).

 

POLYVINYL ALCOHOL

The monitoring data of downstream propylene glycol showed that the reference price of propylene glycol was 9433.33 on July 20, a decrease of 20.51% compared with July 1 (11866.67).

 

According to the propylene oxide analysts of business society, at present, the cost side support is general, the supply side is relatively abundant, the demand side is weak, and the market mentality is insufficient. They are more cautious and wait-and-see. It is expected that the propylene oxide market will be weak in the short term.

http://www.polyvinylalcohols.com

According to the monitoring data of business news agency, the domestic price of LLDPE (7042) was 8618.57 yuan / ton on July 10, and the average price was 8154.29 yuan / ton on July 15. The decline rate in the week was 5.39%, down 9.65% from June 1.

 

PVA 1799 (PVA BF17)

According to the monitoring data of business agency, the average ex factory price of LDPE (2426h) was 10933.33 yuan / ton on July 10 and 10566.67 yuan / ton on July 15, with a decrease of 3.35% during the week and 7.04% compared with June 1.

 

According to the monitoring data of business agency, the average ex factory price of HDPE (5000S) was 9083.33 yuan / ton on July 10 and 8916.67 yuan / ton on July 15, with a decrease of 1.83% during the week and 8.23% compared with June 1.

 

This week, the domestic polyethylene market price continued to decline. The decline of the three spot varieties deepened and the price fell. LLDPE fell the most significantly during the week, with a decline of more than 5%. LDPE and HDPE have also been lowered, the market is lack of positive, and the mentality of the industry is empty. The recent weak decline in international crude oil prices has not brought enough benefits to the market in terms of costs. Petrochemical enterprises collectively reduced the ex factory price by 100-500 yuan / ton. Downstream continued to maintain rigid demand procurement, and the enthusiasm for entering the market was not good. The mentality of merchants is general, and prices follow the trend of decline.

 

POLYVINYL ALCOHOL

On July 15, the opening price of polyethylene futures 2209 was 7900, the highest price was 7900, the lowest price was 7557, the closing price was 7568, the previous settlement price was 7943, the settlement price was 7779, down 375, the trading volume was 518706, the position was 388122, and the daily position was increased by 22879. (quotation unit: yuan / ton)

 

At present, the international crude oil price is in a downward trend, and the cost has brought obvious bad news to the market. The ex factory price of petrochemical enterprises has led the decline, and the market mentality is short. The downstream continues to maintain on-demand procurement, and the demand has not improved significantly. The mentality of Merchants is weak, and most quotations follow the decline. It is expected that there is still room for downward adjustment in the polyethylene spot market in the short term.

http://www.polyvinylalcohols.com

Price trend of metallic magnesium

 

PVA 2699

Market analysis this week

 

According to the data monitoring of the business agency, as of the 15th, the average price in the domestic market was 25100 yuan / ton, down 0.92% on a weekly basis. This week, the price of magnesium ingots continued to decline, and the downstream demand was light. Although some magnesium factories reduced production and maintenance, it was still difficult to improve the supply and demand side for the time being. Some businesses were faced with capital problems and inventory pressure, and sold at a low price.

 

Upstream and downstream

 

On July 15, the mainstream quotation in Ningxia fluctuated in the range of 7700-7800 yuan / ton, the price of ferrosilicon fell, some ferrosilicon enterprises took the initiative to limit production, and the price of blue carbon was weak. Some enterprises reduced the ex factory price of blue carbon by 60-80 yuan / ton, and some enterprises did not adjust the price temporarily due to low inventory and other reasons. Under the situation of operating losses of ferrosilicon and blue carbon, the production and operation of magnesium plants have become increasingly difficult.

 

POLYVINYL ALCOHOL

Downstream magnesium powder and magnesium alloy enterprises basically purchase according to actual needs, and most enterprises only maintain normal production status.

 

Aftermarket forecast

 

As the transaction status is always weak and the raw material market is weak, some enterprises in the magnesium plant have limited production slightly in order to reduce inventory. The overall mentality of the magnesium market is not optimistic. Under the condition of insufficient demand support, business analysts believe that the short-term magnesium market continues to operate in a weak consolidation.

http://www.polyvinylalcohols.com

1、 Price trend

 

PVA 2088 (PVA BP20)

According to the bulk list data of business agency, the average market price of domestic liquid caprolactam was 13600 yuan / ton on July 11, and 13400 yuan / ton on July 18. The price of caprolactam fell 1.47% this week.

 

2、 Market analysis

 

The price of raw material pure benzene fell this week, and the cost of caprolactam was not supported enough. Downstream demand is weak, purchasing on demand, and the industry has a strong bearish mentality. The overall market is weak. As of July 18, the price of Sinopec caprolactam liquid was 14500 yuan / ton, and the acceptance was self withdrawal. The price of Baling Hengyi caprolactam liquid is 14500 yuan / ton, and the manufacturer’s production capacity is 450000 tons / year. The acceptance is self delivery. The price of Baling Petrochemical caprolactam liquid is 14500 yuan / ton, and the manufacturer’s production capacity is 300000 tons / year, which is self collected upon acceptance. Shandong Hualu Hengsheng caprolactam apron price 13800 yuan / ton, accepted and sent to East China, and the manufacturer’s device capacity is 300000 tons / year. Shandong Luxi Chemical caprolactam liquid price is 13200 yuan / ton, and the manufacturer’s capacity is 300000 tons.

 

POLYVINYL ALCOHOL

Pure benzene, the raw material, followed crude oil to weaken this week. Affected by the broad decline of crude oil, pure benzene in the external market followed the weakness, driving the focus of negotiation in the domestic market down. During the week, the turnover in Shandong was general, and the price difference with other regions widened. Due to the reduction of domestic trade ships, the inventory of East China ports this week decreased by 8000 tons compared with last week, and the market supply was relatively tight, with a limited overall decline during the week. The price of domestic pure benzene is 8600-9150 yuan / ton.

 

3、 Aftermarket forecast

 

According to the caprolactam analysts of the business society, the current caprolactam market is mainly negative, the raw material pure benzene has declined repeatedly, the demand of downstream polymerization plants is weak, and the market confidence is insufficient. It is expected that the caprolactam market will continue to decline in the short term.

http://www.polyvinylalcohols.com

The CIS polybutadiene rubber market fell this week (7.8-7.15). According to the monitoring of business agency, as of July 15, the domestic CIS polybutadiene rubber price was 13940 yuan / ton, down 3.33% from 14420 yuan / ton last Friday. Downstream demand is sluggish, early maintenance devices are gradually restarted, cis-1,4-polybutadiene rubber supply is expected to increase, and the market is weak.

 

PVA 1799 (PVA BF17)

This week (7.8-7.15), the ex factory price of CIS polybutadiene rubber of domestic enterprises was reduced by 300 yuan / ton. According to the monitoring of business agency, as of July 15, the ex warehouse price of Qilu Shunding of Sinopec North China sales company was 13300 yuan / ton; The international crude oil price fell below $100 / barrel, intensifying the bearish atmosphere in the market; Wanda 50000 T / a Shunding plant was restarted, and Qixiang’s new 40000 t / a Shunding plant was planned to be put into production in the near future, raising the pressure on the supply side; In addition, the downstream construction was sluggish, and the market transaction was deadlocked, and the market offer of CIS polybutadiene rubber fell.

 

Butadiene prices rebounded slightly this week (7.8-7.15), and remained at a low level on the whole. The cost side continued to be weak. According to the monitoring of business news agency, as of July 15, the price of butadiene was 10292 yuan / ton, up 1.06% from 10184 yuan / ton last Friday.

 

POLYVINYL ALCOHOL

The natural rubber market fell sharply, which had a negative impact on cis-1,4-polybutadiene rubber. According to the monitoring of business news agency, as of July 15, the price of natural rubber was 11970 yuan / ton, down 5.90% from 12720 yuan / ton last Friday.

 

The operation of downstream tires is low, with half steel tires around 60% and all steel tires below 60%. The demand is weak in the face of rubber support, and the market transaction is slightly deadlocked.

 

Aftermarket forecast: business analysts believe that the price of international crude oil and natural rubber has fallen sharply, the pressure on the supply side is expected to increase, and the market transaction is deadlocked. It is expected that the price of butadiene rubber will be weak in the short term.

http://www.polyvinylalcohols.com