I. price trend

This week (11.11-11.15) the market of domestic butadiene fluctuated in a narrow range. According to the monitoring of the business agency, the market price of domestic butadiene at the beginning of the week was 8670 yuan / ton, and that of domestic butadiene at the end of the week was 8790 yuan / ton, up 1.38% in the week. Compared with the same period last month, the price fell by 22.86% month on month and 12.68% year on year.

II. Analysis of influencing factors

Products: this week (11.11-11.15), the domestic butadiene market was weak and downward, the early domestic device parking news drove the market higher, but the external market continued to be weak, and the downstream real order follow-up was limited, the good news was digested in the week, the market weak and downward. In the near future, there is abundant supply of foreign cargo. In January, the turnover of cargo sources is low. Meanwhile, the supply of spot goods in the north is relatively abundant. The market turns downward, leading to cautious inquiry in the downstream. The market turnover continues to be low, further dragging the market down. As of Thursday, the delivery price of superior products in Shandong Province was 8550-8600 yuan / ton, a drop of about 1000 yuan on a month on month basis; the offer of superior products in East China was relatively chaotic, with the mainstream price reference of 9100 yuan / ton, a drop of 500 yuan / ton on a month on month basis; the downstream inquiry intention was low, and sporadic lower prices were also heard.

In terms of enterprises: Sinopec East China butadiene supply price is stable at 8900 yuan / ton; Liaotong chemical butadiene is priced at 9010 yuan / ton on Monday for export, about 200 tons, and 8510 yuan / ton on Thursday for export; Fushun Petrochemical butadiene plant is shut down for small inspection from September to December, and it is now restarted for export, and there is no supply for export; Lanzhou Petrochemical’s 135000 ton / year butadiene plant is temporarily shut down from November 1 to November 12 Before the restart of operation; Zhenhai Refining and chemical butadiene plant on November 12-15, short-term stop for small inspection; external market continued to decline, as of 13, CFR China closed at $880 / ton, down $90 / ton on last week, and heard that January cargo had lower prices.

Industrial chain: in terms of downstream synthetic rubber, styrene butadiene rubber. This week, the factory price of domestic styrene butadiene rubber rose slightly, the market’s offer center moved up, and the transaction atmosphere was slightly stalemate. During the period, the continuous decline of the external market price of butadiene in Asia has an impact on the market mentality, but the spot resources of SBR of Qilu Petrochemical, Yangzi Petrochemical and Lanzhou Petrochemical are tight, Sinopec and some sales companies of PetroChina have limited market volume, and the price of Tianjiao is slightly higher, which has a certain boosting effect on the trend of SBR. In the last cycle, some merchants made up empty orders and terminal enterprises just needed to make up goods, which disappeared after entering this week. The downstream buying tends to follow the use and purchase, and the overall trading atmosphere is stagnant. As of the closing, the mainstream price of Qilu 1502 in Shandong today is 10950-11000 yuan / ton, and the mainstream price of Fushun 1502 in East China market is 10800 yuan / ton.

The influence of SBR on butadiene: the domestic SBR market will be shaken next week and the falling pressure materials will gradually appear. China’s two private enterprises want to purchase 260000 tons of rubber from Thailand to give Tianjiao a favorable stimulus, and the high price has boosted the synthetic rubber; the overall increase of supply in the domestic butadiene market, coupled with the continuous decline in external prices, will make the decline of butadiene hard to change next week, and the cost side is a negative guide. The operating rate of styrene butadiene production unit is acceptable, and the supply depends on whether the mainstream sales companies control the quantity; the north is in the heating season, with large economic environment deviation, and it is difficult for the tire and rubber products enterprises to improve the way of using and mining.

Cis-1,4-polybutadiene rubber: in this period, the factory price of domestic cis-1,4-polybutadiene rubber rose slightly, the market range was volatile, and the trading follow-up was relatively general. At the beginning of this cycle, in view of the high cost and price, and the relatively limited issuance of cis-1,4-polybutadiene rubber, the speculation atmosphere is gradually rising, the market offer is higher, the price increase of the operators is enlarged, and the ex factory supply price of cis-4-polybutadiene is rising. At the end of the week, the external price of butadiene fell sharply, its domestic market also weakened and consolidated, the downstream wait-and-see mood intensified, and the purchase bias price attitude, there were some low drag, and the market price of Shunding fell slightly. Until now, some brands have not opened orders smoothly in Shunding, and the wait-and-see mood of the industry has intensified. Only tentative offers have been made for shipment. The inquiry and transaction atmosphere are not as good as that of butylbenzene, which tends to be slightly stalemate. As of the receipt of the draft, Sinopec’s factory price is 10800 yuan / ton for Qilu Shunding in North China and 10900-11000 yuan / ton for Qilu Shunding market in Shandong. The above prices are for reference only.

The influence of cis-1,4-polybutadiene rubber on butadiene: the domestic cis-1,4-polybutadiene rubber market will be mainly consolidated next week. In terms of the spot price difference, Shanghai Rubber Company’s performance is up, and the message side support exists; in terms of the cost side, the price of raw material butadiene is low, and the domestic market is also down, and there are still downward expectations in the future, and the cost side is short; in terms of the supply side, Jinzhou Shunding device is expected to restart, and some private spot replenishment is expected to alleviate the current tight supply situation of some brands of Shunding; On the demand side, the operating rate of downstream tires rose slightly, but there was no sign of improvement in the purchase of synthetic rubber, and most of them continued to purchase just needed and kept prices down.

III. future forecast

On the positive side, the start-up of synthetic rubber industry has not declined significantly temporarily; there is rigid demand in the downstream. On the negative side, the supply of goods in the far month is abundant and the price is low, the supply of goods in the north is abundant, and the mentality of the downstream is short. With the restart of Fushun, Huayu and other devices and the overall increase of market supply, the supply and demand fundamentals of the short-term domestic butadiene market are difficult to have a significant positive support; in addition, there are many lower transaction prices in the external market, which continue to drag the domestic market. Considering the overall situation, the butadiene analysts of the business community predict that the domestic butadiene market will be hard to change next week. It is suggested to pay attention to the latest prices of the internal and external market Criteria and transaction guidance.

I. price data

According to the price monitoring of the business agency, the price of gasoline and diesel this week remained stable and fluctuated in a narrow range. The domestic gasoline price was 6271 yuan / ton, 0.7% higher than last week’s gasoline price; the domestic diesel price was 6425 yuan / ton, 0.04% lower than last week’s diesel price.

II. Analysis of influencing factors

Product: this week, the international crude oil price fluctuated in a narrow range. On November 4, the domestic refined oil price was increased. This week, the gasoline price rose slightly and then it was corrected. This week, the domestic refined oil market maintained stable operation.

Industry chain: this week’s oil price rose first and then fell, with overall stability. WTI crude oil price rose only 0.75% in the week. This week’s Sino-U.S. trade talks released good news, OPEC continued to discuss production reduction, deepening production reduction is possible; however, U.S. crude oil inventory unexpectedly exceeded expectations. The international crude oil market is full of mixed news, and the international oil price fluctuates in a narrow range.

Market aspect: at the beginning of this week, driven by the rise of crude oil price and the rise of domestic refined oil, the market price of gasoline and diesel ushered in a small increase opportunity. However, the gasoline market demand in November has not improved, and the overall performance of market transactions is relatively average. In terms of diesel, oil companies such as engineering and infrastructure construction still form a relatively stable support for diesel demand, so the overall situation of refinery diesel delivery is stronger than gasoline.

III. future forecast

Lu Xingjun, an oil product analyst with business club, believes that: at present, the price of international crude oil market is mainly fluctuating, the market demand for gasoline and diesel oil in November has not changed significantly, and it is expected that the market price of oil products will continue to be stable next week.

I. price trend:

According to the data monitoring of the business association, in October, the price of Sinopec orthobenzene fell from the high level, and the price fell continuously. As of October 31, the executed contract price of o-xylene Sinopec was 6500.00 yuan / ton, a decrease of 400 yuan / ton or 5.80% compared with the price of 6900.00 yuan / ton at the beginning of the month (October 1). Compared with the same period last year, the price fell by 18.75%. The price of o-benzene fell continuously, and the market of o-benzene was obviously weak.

II. Market analysis:

Product analysis

Commodity name, quotation type, port, 10.25 price, 10.18 price, 10.11 price, 10.4 price, unit

O-xylene CFR China 765.00 780.00 800.00 805.00 USD / ton

O-xylene CFR Southeast Asia 795.00 815.00 835.00 855.00 USD / ton

O-xylene FOB South Korea 755.00 775.00 795.00 805.00 USD / ton

O-xylene FOB Rotterdam 865.00 865.00 860.00 860.00 USD / ton

© October 2019 business club www.100ppi.com

In October, the external quotation of orthobenzene fell in shock, while the external quotation of China fell by 40 USD / ton. The prices of benzene in Southeast Asia fell by $60 / T, while those in South Korea fell by $50 / T. The external quotation of o-benzene fell sharply, the price of imported o-benzene fell, the price of port o-benzene followed the decline, the port inventory recovered but was still relatively low, and the future o-benzene market was under great negative pressure. Sinopec’s listing price of ortho benzene in East China is 7500 yuan / ton, and the price dropped 400 yuan / ton in October. The operating rate of the Yangtze ortho benzene equipment is about 80%. The supply of ortho xylene is temporarily stable, the demand enthusiasm of the downstream of ortho benzene is poor, the purchasing power of ortho benzene is insufficient, and the favorable power of the future ortho benzene market is insufficient, with a large downward pressure.

Factor analysis of industrial chain

In October, the price of mixed xylene continued to fall sharply, with a drop of 15.52% in October. The sharp drop in the price of raw materials has a significant negative impact on the market of o-benzene, the cost of o-benzene has dropped significantly, the market of o-benzene has a large negative impact, and the price of o-benzene in the future has a large downward pressure. The overall cost of o-benzene has decreased, and the negative pressure of o-benzene is greater in the future. As can be seen in the figure, the price of mixed xylene tends to be stable at the end of October, the cost of o-benzene keeps stable, the downward pressure of o-benzene market weakens, and the overall o-benzene market in the future looks weak.

In October, the price of phthalic anhydride fluctuated and fell, but the decline gradually slowed down, but the decline trend of phthalic anhydride at the end of the month tended to be balanced. In October, the demand in the downstream of phthalic acid was insufficient, and the rising momentum was insufficient, so the market was negative. In terms of plasticizers, DOP market fell in October, with a large downward pressure in the aftermarket. However, with the gradual stabilization and slow recovery of plasticizer Market, the downward pressure in the aftermarket of o-benzene weakened, the negative situation in the downstream market of o-benzene eased, the upward momentum of o-benzene was still insufficient, and the downward pressure weakened.

3. Future forecast:

According to Bai Jiaxin, data analyst of o-xylene of business association, in October, the price of o-xylene raw material mixed with xylene fell sharply, the cost of o-xylene fell, and the pressure of o-benzene market fell sharply, but the price of mixed xylene gradually stabilized at the end of October, and the pressure of o-benzene market fell weakened; in terms of demand, the market of phthalic anhydride fell sharply, but the decline slowed down, the market of phthalic anhydride tended to be stable and plasticized After the sharp fluctuation of agent price, the price remained stable, the downstream demand was insufficient, and the growth momentum of ortho benzene was insufficient. However, with the gradual stability of the downstream market, the downward pressure of ortho benzene decreased, and the future ortho benzene market became stable. In the external market, the external price of ortho benzene fell sharply in October, and the port inventory increased but remained at a low level, which was bad for the domestic ortho benzene market but relieved. To sum up, the upstream and downstream market of o-xylene industry chain fell in October, which led to the decline of o-xylene price. However, with the gradual stability of the upstream and downstream market, the downward pressure of o-xylene market gradually weakened, and the upward momentum is still insufficient. The overall o-xylene market is more negative than positive, and it is expected that the weakness of o-xylene in the future will maintain stability.

The future market should focus on: o-benzene cost, downstream phthalic anhydride and plasticizer Market. Attention can be paid to: the external plate of o-benzene.

On October 30, the commodity index of light soda ash was 91.11, flat with yesterday, down 22.70% from 117.86 (2017-11-21), the highest point in the cycle, and up 44.28% from 63.15, the lowest point on November 18, 2015. (Note: cycle refers to 2011-09-01 to now)

According to the survey data of business agency, the price trend of soda ash in East China was stable on the 30th, with an average market price of about 1775.67 yuan / ton, which was flat compared with yesterday. At present, the domestic market price of soda ash is temporarily stable. The mainstream price of light soda is 1550-1800 yuan / ton, and the mainstream price of heavy soda is 1780-1850 yuan / ton. The actual transaction price can be further discussed. The domestic market of soda ash is relatively stable as a whole. The market of heavy alkali is mainly consolidated, and the delivery of manufacturers is acceptable.

According to the soda ash analyst of the business club, the overall trend of the downstream glass market is general, and the soda ash market may maintain stable operation in the short term, depending on the demand of the downstream market.

I. price trend

According to the price monitoring of the business agency, the domestic factory price of R134a continued to decline in October. As of the end of the month (25th), the price was 23833.33 yuan / ton, 2.05% lower than that of 24333.33 yuan / ton at the beginning of the month (1st), and 18.75% lower than that of the same period last year.

II. Market analysis

Product: R134a market of refrigerant market is weak and stable this month, with the actual transaction price slightly down. The upstream hydrofluoric acid market is weak, which has insufficient support for the cost side of refrigerant. At present, the macro economy is in a downward trend, the production and marketing of major manufacturers in the terminal and air conditioning industry are in a dilemma, the purchasing power of the automobile industry is declining, and the demand for refrigerant R134a is limited. In addition, the newly increased production capacity in the industry may be released in the near future, the manufacturer’s mentality is negative, and it is prudent to wait and see, the unit starts at a low level, so the market situation is difficult to improve. As of October 25, R134a of Zhejiang Juhua Co., Ltd. has quoted 26000 yuan / ton, R134a of Quzhou Jiuzhou Chemical Co., Ltd. has quoted 22500 yuan / ton, R134a of Zhejiang lengwang science and Technology Co., Ltd. has quoted 23000 yuan / ton, R134a of Yuemei Chemical Co., Ltd. has quoted 24000 yuan / ton, R134a of Longxun trade has quoted 23500 yuan / ton, R134a of Yumei Chemical Co., Ltd. has quoted 25000 yuan / ton, R134a of blue planet has quoted 25000 yuan / ton, and the price is concentrated at 22500 yuan./ Tons – about 26000 yuan / ton.

Industry chain: the price of upstream products in domestic hydrofluoric acid market has fallen sharply, the operation of domestic hydrofluoric acid plant is stable, the supply of goods in the site is sufficient, the situation of goods in hydrofluoric acid market is not good, and the market price keeps falling. The output of the downstream major air conditioning manufacturers and the automobile industry is flat, and the demand for refrigerant R134a is not high, so there is no good support.

Industry: according to the price monitoring of the business agency, in the 42nd week of 2019 (10.21-10.25), there are 10 kinds of commodities rising month on month in the chemical sector, including 2 kinds of commodities rising by more than 5%, accounting for 2.4% of the number of commodities monitored in the sector; the top three commodities are epichlorohydrin (8.05%), sulfur (5.05%) and sulfuric acid (4.88%). There are 41 kinds of commodities decreased on a month-on-month basis, 4 kinds of commodities decreased by more than 5%, accounting for 4.8% of the number of commodities monitored in this sector; the top three products decreased were formaldehyde (37%) (- 9.21%), nitric acid (- 8.62%), acetic acid (- 5.29%). This week’s average was – 0.85%.

III. future forecast

According to the refrigerant analyst of business agency, at present, the refrigerant R134a domestic market is weak, the transaction environment continues to be depressed, and the export market is still very flat. In addition, the newly added capacity in the industry may be released in the near future, and the manufacturer’s mentality is negative. It is expected that the R134a market will remain weak in the short term.

I. price trend

According to the data monitored by the business agency, on October 25, PET water bottle manufacturers quoted 6775.00 yuan / ton, and on October 21, PET water bottle manufacturers quoted 6875.00 yuan / ton, with an overall decline of 1.45%. PET market fell slightly.

II. Cause analysis

Products: as of October 25, the main manufacturers of polyester bottle chips in East China have offered at a high price of 6700-6850 yuan / ton, and the main market negotiation is about 6550-6650 yuan / ton. The PTA Market for raw materials is relatively strong, and the cost side is stable. Some bottle chip manufacturers offer an increase of 50 yuan / ton, and the focus of market negotiation is slightly higher. In the downstream, the atmosphere of cautious wait-and-see is strong, the market is light, the polyester bottle Market in South China is narrow, and the main spot negotiation price is 6550-6700 yuan / ton. PTA raw materials market is relatively strong, cost support is stable, some businesses offer slightly higher. The downstream buying is generally followed up, and the market trading atmosphere is light. At present, the latest enterprise price is 6700 yuan / ton for Anyang polyester material factory, 6800 yuan / ton for Jiangsu Sanfangxiang Group Co., Ltd., 6900 yuan / ton for Hainan Yisheng Petrochemical Co., Ltd., 6850 yuan / ton for China resources chemical Holding Co., Ltd., 6750 yuan / ton for Zhejiang wankai New Material Co., Ltd.

Industry: on October 24, the rubber and plastic index was 678, down 1 point from yesterday, 36.04% from 1060 (2012-03-14), and 17.71% from 576, the lowest point on December 21, 2015. (Note: cycle refers to 2011-12-01 to now)

III. future forecast

PET business analysts believe: the short-term market is not expected to decline space, temporarily more stable finishing.

I. price trend

According to the data monitoring of the business agency, the domestic phosphorus ore market is still running smoothly this week, and the overall market has almost no fluctuation. Due to regional differences and different production, the price difference is large. Based on several sample areas, the average ex factory price of the first high-end phosphorus ore is close to 420 yuan / ton.

II. Market analysis

Products: this week, the phosphorus ore market as a whole maintained a stable situation. Large mining enterprises continued to digest inventory, kept more orders from old customers in the field, and kept a small amount of procurement downstream. At present, the market price of 30% phosphate rock car board in Guizhou is 360-400 yuan / ton; the price of 30% phosphate rock car board in Hubei is 460-470 yuan / ton; the price of 28% phosphate rock ship board in Hubei is 420 yuan / ton; the price of 28% phosphate rock car board in Yunnan is 280 yuan / ton; the overall market of phosphate rock is temporarily stable.

Industry chain: after the national day, the market price of phosphoric acid was mainly consolidated, fluctuated slightly, and the price was reduced. As of October 17, the average market price of 85% industrial purified water phosphoric acid was about 5366.67 yuan / ton, down 2.42% compared with October 1 (5500.00). At present, Hubei Xingfa Group offers 5200 yuan / ton, Beijing hangxinghongda 5400 yuan / ton, Guangxi Mingli group 5800 yuan / ton, qianrui chemical 4700 yuan / ton, Sichuan KANGLONG chemical 5100 yuan / ton, Kunming South Yunnan industry and trade 5900 yuan / ton. Prices in all regions are temporarily stable, and the market trading atmosphere is flat, with the main focus on wait-and-see. A small amount of orders are made up in the downstream, and the market is weak as a whole.

III. future forecast

According to the analysis of the data division of the business agency, it is expected that the phosphorus ore market will be stabilized and consolidated temporarily in the short term.

According to the price monitoring of the business agency, the domestic PTA spot market price continued to weaken since October 9. As of October 20, the market average price was 5037 yuan / ton, down 3.28%, down 31.98% year on year.

In recent years, the maintenance of multiple PTA units has pushed the industry into the de stocking cycle. However, due to the abundant flow of goods and the pressure of new units being put into operation, the PTA rebound drive is not strong. At the same time, the raw material inventory of polyester factory is on the high side, and there is no continuous transaction volume, and the demand side is insufficient. Specifically:

Enterprise name capacity device dynamics

Pengwei Petrochemical Co., Ltd. stopped on October 18 and the restart time is to be determined.

Honggang Petrochemical Co., Ltd. stopped for maintenance on October 14 and planned to restart on October 28.

Yadong Petrochemical 70 produced qualified products on October 14, and the unit has been shut down for maintenance since October 9.

Yishanhua 225 reduced load by 50% and planned to recover within 15 days.

Hengli Petrochemical 220 overhauled No. 1 2.2 million ton PTA production line on October 8, and overhauled No. 2 2.2 million ton PTA production line after line 1 was overhauled.

In terms of PTA equipment maintenance, 86.89% of the starting load as of October 17 was 4.16% lower than 91.05% on October 9. However, in the expectation that new production capacity will be put into production soon, the positive boost is limited. In particular, recently, the single unit test run of the PTA project with an annual output of 1.2 million tons of China Thailand Petrochemical Co., Ltd. has come to an end, marking that the linkage test run of PTA plant is about to start, which will help fuel the feeding test run of PTA plant. The expected news of the production has a certain negative impact on the market.

The price trend of PX in raw material market is stable temporarily, and the price of domestic mainstream factories is 6800 yuan / ton. In terms of units, the operation of the 600000 ton new unit in Hongrun is stable, the operation of Pengzhou petrochemical unit is stable, 50% of Urumqi petrochemical unit is started, one line of Fuhai Chuang aromatics unit is started, and other units are temporarily stable during the maintenance of CNOOC Huizhou refining and chemical unit.

The operating rate of PX plant in Asia is stable at about 80%, and the price continues to be explored. On October 17, the closing price of PX market in Asia dropped by 4 USD / ton, and the closing price was 773-775 USD / ton fob in South Korea and 793-795 USD / ton CFR in China.

The starting load of downstream polyester was maintained at about 89%, with local preferential sales promotion but general production and sales response and flat market trend. At present, weaving elastic inquiry has fallen sharply, and some mainstream factories have reduced their preferential policies, including polyester POY (150D / 48F) at 7150-7400 yuan / ton, DTY (150D / 48F low elastic) at 8950-9200 yuan / ton, and FDY (150D / 96F) at 7350-7550 yuan / ton, creating a new low in the history of the year. The comprehensive starting rate of Jiangsu and Zhejiang looms has been reduced to around 77%, the terminal market is cautious and wait-and-see mood is not reduced, and the grey fabric inventory digestion is slow.

Xia Ting, an analyst at the business club, believes that PTA plant maintenance news has certain support for the price, but considering that xinfengming’s 1.1 million ton new plant is planned to be put into operation by the end of October and Hengli’s 2.2 million ton plan to be put into operation at the beginning of January next year. In the near future, the downstream polyester demand has gradually transited to the off-season. Influenced by the uncertain macro environment at home and abroad, the terminal textile and garment industry is in decline, and the polyester production and marketing volume is limited. It is expected that PTA market will face a pattern of accumulation. In addition, the cost support is limited under the circumstances of large-scale PX production capacity and low crude oil price. According to the comprehensive analysis, PTA may still have a small rebound in the short term, but in the long term, the focus will further move down.

According to the monitoring of the business agency, the price of hydrogen peroxide continues to soar this week. At the beginning of the week, the average price of 27.5% hydrogen peroxide market was 1170 yuan / ton, and at the end of the week, 27.5% hydrogen peroxide market was 1473 yuan / ton, with a daily increase of more than 10% on the 18th. Compared with the beginning of October, the price of hydrogen peroxide rose sharply, with an overall increase of 25.93%.

market analysis

Hydrogen peroxide continued to soar this week, mainly because the manufacturers ushered in the period of centralized maintenance. Last week, Tianjin, Shanxi and other manufacturers carried out parking maintenance. This week, some manufacturers started the outage plan. Among them, Shandong open water chemical industry shutdown maintenance. The Zhengyuan chemical fertilizer plant in Hebei Province was overhauled and started up in early November. The supply of hydrogen peroxide in the market has been in short supply, and the prices of manufacturers have been greatly increased. The mainstream price of 27.5% hydrogen peroxide has increased to 1450-1600 yuan / ton, and the price has increased by 150-200 yuan / ton.

Shandong Province: the price of 27.5% hydrogen peroxide of Mingshui Chemical Co., Ltd. is 1450 yuan / ton; the price of 27.5% hydrogen peroxide of Luxi Chemical Co., Ltd. is 1440 yuan / ton; the price of 27.5% hydrogen peroxide of Shandong Haineng Co., Ltd. is 1480 yuan / ton; the overall price is increased by 150-180 yuan / ton. Hebei Province: the ex factory price of 27.5% hydrogen peroxide of Zhengyuan fertilizer industry increased to 1500 yuan / ton, and the price increased by 150 yuan / ton. Anhui Jinhe 27.5% hydrogen peroxide price is 1650 yuan / ton; Anhui Quansheng 27.5% hydrogen peroxide price is 1600 yuan / ton, the price increases by 100 yuan / ton. The market in Hunan, Sichuan and other places is relatively stable, with 27.5% hydrogen peroxide price of Hunan Shuangyang at 1350 yuan / ton, and 27.5% hydrogen peroxide price of Leshan Fuxi in Sichuan at 1350 yuan / ton, which is flat.

Industry chain: hydrogen peroxide continued to soar in October mainly due to the shortage of its own parking maintenance and supply. Similarly, the recovery of the downstream paper market was further supported. Hydrogen peroxide continued to soar by more than 25%. In October, the price increase letter of base paper market was frequently sent, with a general increase of 50-100 yuan / ton. The reasons for the price increase of paper mills are mainly due to environmental factors and the rising cost of waste paper. Driven by the “golden nine silver ten” market atmosphere, the downward trend is better. The price of corrugated base paper is 2.74% higher than that in early October. Paper market support, hydrogen peroxide prices rose again.

Outlook for the future

According to the hydrogen peroxide analyst of the business club: at present, the hydrogen peroxide manufacturers are shut down for maintenance, some of the quotations are unreasonably high, and the actual transaction volume has declined. It is expected that the manufacturers in the future will resume operation in succession, and the price of hydrogen peroxide will be slightly recalled.

I. price trend

According to the price monitoring of business agency, the ex factory price of domestic refrigerant R22 fell sharply this week. On October 8, the average ex factory price of mainstream manufacturers was 14333.33 yuan / ton, and on the weekend (27 days), the average price was 13900 yuan / ton, down 3.02% in the week, down 24.88% year-on-year.

II. Market analysis

Product: the market price of R22 in refrigerant market continues to decline this week, the price of hydrofluoric acid in upstream continues to decline, and the cost of refrigerant is insufficient. Major air-conditioning manufacturers have stepped out of the maintenance period in succession, but the demand has not been significantly improved, refrigerant R22 continues to decline, and the profit is basically close to the cost. According to the data monitoring of Yishe society, as of October 13, the quotation of R22 of Zhejiang Juhua Co., Ltd. is 16000 yuan / ton, that of Quzhou Jiuzhou Chemical Co., Ltd. is 12500 yuan / ton, that of Zhejiang lengwang science and Technology Co., Ltd. is 13200 yuan / ton, that of Longxun trade is 12500 yuan / ton, and the price is concentrated in 12500 yuan / ton – 16000 yuan / ton.

Industry chain: the price trend of upstream products in domestic hydrofluoric acid market has declined. According to the data of business association as of the 11th day, the current mainstream of hydrofluoric acid negotiation in southern China is about 9000-9500 yuan / ton, and the price of hydrofluoric acid in northern China is 9000-10000 yuan / ton. The domestic market price of hydrofluoric acid keeps a low level, and the supply of spot goods is sufficient, but the demand is poor, and the market price of hydrofluoric acid drops slightly.

Industry: according to the price monitoring of the business agency, in the 40th week of 2019 (10.7-10.11), there are 0 rising commodities, 2 falling commodities, and 3 rising and falling commodities. The main commodities falling were hydrofluoric acid (- 2.69%) and aluminum fluoride (- 1.64%). This week’s average was – 0.87%.

III. future forecast

According to the refrigerant analyst of the business club, the raw material end of refrigerant R22 is not well supported, the terminal demand is not significantly improved, and the profits of refrigerant R22 manufacturers are close to the cost. In the near future, some manufacturers have maintenance plans. Under the quota limit, traders have the sense of hoarding. It is expected that R22 will be consolidated in the short term.