Price data:

II. Trend Analysis

Price: According to the monitoring data of business associations, this week’s domestic coke market has maintained a steady impression, and there is a strong wait-and-see mood in the industry. At present, the mainstream price of secondary metallurgical coke in Shanghai is 1980 yuan/ton, and the mainstream price of quasi-primary metallurgical coke is 2050 yuan/ton; the mainstream price of secondary metallurgical coke in Xuzhou is 1960 yuan/ton, and the mainstream price of quasi-primary metallurgical coke is 2030 yuan/ton; the mainstream price of secondary metallurgical coke in Weifang, Shandong is 1850 yuan/ton, and the mainstream price of quasi-primary metallurgical coke is 1900 yuan/ton; the mainstream price of secondary metallurgical Co The mainstream price of metallurgical coke is 1800 yuan/ton; the mainstream price of secondary metallurgical coke in Mudanjiang, Heilongjiang Province is 1840 yuan/ton, and the mainstream price of quasi-primary metallurgical coke is 1900 yuan/ton; the mainstream price of secondary metallurgical coke in Shenyang, Liaoning Province is 1870 yuan/ton, and the mainstream price of quasi-primary metallurgical coke is 1930 yuan/ton; the mainstream price of secondary metallurgical coke in Pingdingshan, Henan Province is 1860 yuan/ton, and the The mainstream price of secondary metallurgical coke is 1840 yuan/ton, and the mainstream price of quasi-primary metallurgical coke is 1990 yuan/ton; the mainstream price of secondary metallurgical coke in Tianjin is 1850 yuan/ton, and the mainstream price of quasi-primary metallurgical coke is 1950 yuan/ton; the mainstream price of secondary metallurgical coke in Panzhihua coke market in Sichuan is 2080 yuan/ton; the mainstream price of secondary metallurgical coke in Liupanshui coke market in Guizhou is 230 yuan/ton; and The main price of metallurgical coke is 1500 yuan per ton. The first grade metallurgical coke in port trade is about 2100 yuan/ton, the second grade metallurgical coke in trade is about 2000 yuan/ton, and the second grade metallurgical coke in trade is about 1900 yuan/ton.

Products: After the National Day, the domestic coke market started to rebound. With the liberalization of the restrictions on coke logistics and transportation, the shipment of coke enterprises is in good condition, and some coke enterprises’inventory has been reduced to a low level. On the downstream side, although the start of construction of the steel plant has been restored and some steel plants have the demand of replenishing stores, the overall situation is still not as good as that of the coke enterprises. In the short term, the demand is difficult to effectively improve. In addition, a new round of environmental protection policies promulgated in Hebei, Shanxi and other places have intensified the production restriction of coke steel.

Industry: According to the price monitoring of business associations, there are five kinds of commodities rising in the energy sector in the 40 th week (10.7-10.11) of the commodity price rise-fall list in 2019, including two commodities with an increase of more than 5%, accounting for 12.5% of the monitored commodities in the sector; the first three commodities are liquefied natural gas (15.16%), liquefied gas (7.98%) and methanol (3.55%). There are 9 kinds of commodities falling annually, and 2 kinds of commodities falling more than 5% accounted for 12.5% of the monitored commodities in this sector. The products of the first three declines were MTBE (-11.87%), gasoline (-5.32%) and Brent crude oil (-4.54%).

3. Future Market Forecast

Coke analysts from business associations believe that due to the restriction of production brought about by the National Day, coke supply in some regions is tight, but demand is still not as expected. In the case of the subsequent market restriction policy, the industry mostly holds a wait-and-see attitude. It is expected that the coke market will be stable in the near future, and the new policy should be noticed in the future.

Price Trend

The domestic butadiene market is weakening. As of October 12, the domestic market price of butadiene was 11673 yuan/ton. The price of butadiene rose 12.35% in the same period last month and 6.73% in the same period last year.

II. Analysis of Influencing Factors

Products: The domestic butadiene market continued to decline weakly, the prices of some manufacturers in the North weakened, the downstream wait-and-see situation remained unchanged, and some continued bearish expectations, dragging down the market. Shandong’s high-grade products are delivered to the price reference of 11100-11200 yuan/ton, while East China’s price is around 11500 yuan/ton. Market turnover is scarce, and real single negotiation is the main method.

Enterprises: Yangtze Petrochemical 220,000 tons/year plant, 3 # long-term parking; 1 # and 2 # total 120,000 tons/year plant normal operation. The 165,000 tons/year unit of Zhenhai Refinery and Chemical Company operates normally, mainly for mutual supply and a small amount for export. The 120,000 tons/year plant of Liaotong Chemical Company operates normally, and the trading range is 11,110-11,170 yuan/ton. Fushun Petrochemical 160,000 tons/year plant is in normal operation, and there is no export for the time being.

Market: Butadiene market inquiries in East China are limited. Businessmen pay more attention to the arrival of late shipments, and cautious market expectations lead to low downstream inquiry intention, which is sent to the price reference of about 11800 yuan/ton. Shandong butadiene market wait-and-see, downstream inquiry intention is limited, businessmen wait for next week node manufacturers price guidance, active offer intention is not high, high-grade goods to the price of temporary reference 11100-11200 yuan/ton, single discussion.

Industry chain: Downstream synthetic rubber, styrene-butadiene rubber, mainstream sales company prices, as expected, fell by 300 yuan per ton. After the decline of the supply price, the market quotations were adjusted accordingly. Due to the weak trend of raw material butadiene and the poor purchasing power of synthetic rubber at downstream terminals, some merchants had strong willingness to ship, and the market price was hanging upside down again. Short-term fluctuation of the trend of Tianguo made the suspension of the business of a large domestic enterprise still have an impact. The delivery of raw material butadiene was flat and there was no obvious positive factor to boost the domestic market. The price of butadiene-styrene is still weak, and the mainstream sales companies are still under pressure. We need to pay close attention to the adjustment of price policy and geopolitical factors. Styrene-butadiene rubber (SBR) has a negative effect on the market of butadiene to a certain extent.
Cis-butadiene rubber: raw material butadiene price is weak finishing, but in terms of cis-butadiene cost pressure still exists. Shunding’s ex-factory price dropped 400 yuan/ton, the market price followed the decline, the market maintained wait-and-see, after the tentative decline, the business still had some upside-down offers, causing drag on the price; do not buy down mentality guidance, end-to-market caution, maintain the purchase price. The domestic cis-butadiene rubber market is weakening, and the actual trade is still under pressure. We need to pay attention to the information guidance of raw materials and market transaction. According to the trend comparison chart of butadiene and cis-butadiene rubber, the trend of butadiene and cis-butadiene rubber is the same, the trend of cis-butadiene rubber is declining, and the market of butadiene is likely to decline.

3. Future Market Forecast

The downstream industry is difficult to support the butadiene market due to the lower price of synthetic rubber. In addition, the supply side of domestic butadiene market is difficult to boost significantly. The downstream wait-and-see mentality leads to a continuing downturn in the trading atmosphere. The short-term butadiene market is difficult to stimulate by good news. Business analysts expect that the short-term domestic butadiene market will be weaker and the downward trend will be the main concern. Information and downstream product trend guidance.

Domestic price trends:

According to statistics, the domestic price of p-xylene was stable in September. At the beginning of the month, the domestic price was 6,600 yuan/ton, and at the end of the month, the domestic price of PX was 6,600 yuan/ton. The price trend was stable, declining by 40% year on year. The price of PX external market remained low and volatile. The dependence of domestic PX market on foreign markets was high, and the domestic price trend was stable.

Recent domestic market prices of p-xylene maintained low level, domestic PX operating rate of about 8 per cent, Sinochem Petrochemical 600 thousand tons of new petrochemical plant put into operation, Yangzi Petrochemical plant stable operation, Fuhai set up a start-up line, stable operation of petro chemical plant, Yangshi petrochemical PX plant operates normally, Jinling Petrochemical plant runs smoothly, and the Li Dong plant operates at full load. The Qilu Petrochemical plant has been operating stably. The operation of the petrochemical plant has reached about 5. The Hengli petrochemical plant has run normally, and the domestic p-xylene supply is normal, and the domestic market price has remained stable. Affected by the impact of international crude oil prices, the price of PX external market rose slightly in September. As of 27, the closing price in Asia reached 779-781 US dollars / ton FOB Korea and 798-800 US dollars / ton CFR China. Recently, Saudi Arabia Amy has set up a 700 thousand ton PX device in parking repair, and there are still several sets of PX installed in Asia for maintenance. Overall, the operation rate of p-xylene plant in Asia is around 7, and Asia. Regional PX supply is normal, PX external closing price is rising, which is good for the domestic market, while domestic market price of p-xylene is temporarily stable.

In September, the closing price of international crude oil was put down for the first time. As of 27 days, the US WTI crude oil futures market price was quoted at 55.91 US dollars / barrel. The price of Brent crude oil futures was quoted at 61.91 US dollars / barrel. The closing price of crude oil has been maintained between 50-60 US dollars / barrel, and the cost supporting effect for downstream petrochemical products is limited. The domestic market of p-xylene is stable.
The price trend of PTA downstream market slightly declined in September. As of the 30th day, East China PTA market talks were around 5100-5200 yuan. At the beginning of the month, Hengli Petrochemical announced its September overhaul plan for 2.2 million tons of plant, which to some extent boosted market sentiment and PTA rebounded slightly. However, due to the planned overhaul device has not yet been implemented, as well as market concerns about the supply side erupted, prices fell. During the Mid-Autumn Festival, there were concerns about the supply of crude oil due to the attack on Saudi oil fields. Driven by this, the domestic chemical sector rose and climbed, but then the cost support weakened due to the Saudi crude oil recovery rate far exceeding expectations. Fortunately, the domestic equipment maintenance plan increased, to some extent, supporting the PTA price. In September, PTA price maintained about 90% of the start-up rate, and the polyester industry. Starting at about 89%, the lower Jiangsu and Zhejiang looms have been operating at about 75%, the lower PTA market has maintained a high starting rate, which guarantees the upstream demand for p-xylene, and the price trend of PX market is stable.

Chen Ling, an analyst with business association PX, believes that the recent volatility of crude oil prices and the maintenance of 90% of the downstream PTA market start-up rate have increased demand for upstream PX, and the price of PX market is expected to rise slightly in the later period.

Price Trend

According to the price monitoring of business associations, the ex-factory price of octanol in Shandong fell slightly this week. This week, the average price of octanol mainstream ex-factory quotation in Shandong fell from 7783.33 yuan/ton at the beginning of the week to 7733.33 yuan/ton at the end of the week, a decline of 0.64%, 17.02% compared with the same period last year. Overall, the octanol market fell slightly this week, with the octanol commodity index of 57.11 on September 27.

II. Market Analysis

(1) Products:

At present, the domestic octanol plant start-up rate is still acceptable; Hualu Hengsheng 80,000 tons/year octanol plant start-up normal, this week’s offer is firm; Jiangsu Huachang chemical octanol plant annual capacity 80,000 tons, no maintenance plan.

This week, the quotation of Shandong main octanol producers fell slightly: Hualu Hengsheng’s octanol quotation for this weekend was 7800 yuan/ton, the quotation was temporarily stable; Jianlan Chemical Company’s octanol quotation for this weekend was 7800 yuan/ton, compared with the beginning of the week, the quotation was temporarily stable; Lihua Yi’s octanol quotation for this weekend was 7600 yuan/ton, compared with the beginning of the week, the quotation fell by 15%. 0 yuan / ton.

(2) Industrial chain:

Upstream raw material market: Propylene market fell slightly this week. The quotation fell from 7861.62 yuan/ton at the beginning of the week to 7842.38 yuan/ton at the end of the week, a decline of 0.24%, 20.36% compared with the same period last year. The price of raw materials in the upstream market has fallen slightly, which is affected by supply and demand, and has a negative impact on octanol price.

Downstream market: DOP ex-factory prices fell slightly this week. DOP quotation fell from 7966.67 yuan/ton at the beginning of the week to 7950.00 yuan/ton at the end of the week, a decline of 0.21%, down 15.72% from the same period last year. The downstream customers’enthusiasm for octanol purchasing declined, and the demand for octanol was general. The decline of DOP price had a negative effect on the octanol market. Future traders are more likely to watch the trend of DOP.

3. Future Market Forecast

The octanol market in Shandong rose in early October. After the adjustment in August, the capital reflux of each factory is in good condition, the equipment has been repaired and the production capacity has increased. As the National Day holidays are approaching, environmental protection and transportation inspection are strict, the price of propylene in the upstream is falling, and the cost support is weak. At the same time, the downstream market is also falling. The downstream purchasing enthusiasm is general. At present, octanol stocks in Shandong are low, shipments are tight, high-end declines, and low-end bottom touching can be controlled as a whole. Octanol analysts believe that after the National Day, the octanol market in Shandong Province has been affected by supply and demand, raw materials and other factors, and the octanol market has risen or shocked.

Price Trend

The price of chlorinated paraffins in China remained stable this week, according to business association monitoring data. On September 23, the average price of domestic chlorinated paraffin 52 first-class products was 5200 yuan/ton, and on September 27, domestic chlorinated paraffin 52 first-class products was 5200 yuan/ton. The price remained stable.

II. Market Analysis

Products: At present, the ex-factory quotation of chlorinated paraffin 52 first-class products in South China is 4600-5300 yuan/ton, that of chlorinated paraffin 52 first-class products in North China is 4000-5500 yuan/ton, that of chlorinated paraffin 52 first-class products in East China is about 5000 yuan/ton, that of chlorinated paraffin 52 first-class products in Central China is about 5000-5500 yuan/ton, and that of Northeast China is about 5000-5500 yuan/ton. The price of chlorinated paraffin 52 grade I product is 5000-5500 yuan/ton. The quotation for the first grade chlorinated paraffin 52 in Shandong is about 5000-5500 yuan/ton. The northwest region chlorinated paraffin 52 first-class product ex-factory quotation is about 5000-5500 yuan/ton.

Crude oil: On September 26, WTI futures fell $0.08 per barrel at $56.41 in November 2019 and Brent futures rose $0.35 per barrel at $62.74 in November 2019. China’s SC crude oil futures main contract was about 1911 yuan 449.3 yuan per barrel, down 8.9 yuan.

Industry chain: The crude oil market rose first and then fell this week. The liquid wax market is mainly stable, and some manufacturers have made minor adjustments. The price of liquid chlorine market is stable and range fluctuation. Near the National Day, downstream enterprises mostly wait-and-see.

3. Future Market Forecast

Analysts of chlorinated paraffin in the business association believe that this week’s chlorinated paraffin trading is flat and the overall operation is stable. It is expected that the latter stage of chlorinated paraffin cross-disc finishing will be dominated.

Price Trend

Taking rutile titanium dioxide with sulphuric acid process as an example, which has a large domestic market, according to the data of a large number of business associations, the price of titanium dioxide is stable this week, with an average price of 15500 yuan/ton.

On September 19, the commodity index of titanium dioxide was 73.59, which was the same as yesterday. It was 26.41% lower than the 100.00 point in the cycle (2011-09-04), and 42.40% higher than the 51.68 point on December 29, 2015. (Note: Period refers to 2011-09-01 to date)

II. Market Analysis

Product: This week, the market of titanium dioxide is stable. Titanium dioxide has experienced two increases since August, and the price of titanium dioxide is basically stable. At present, the main quotation of domestic sulfuric acid rutile type is 1450-16500 yuan/ton, and the main quotation of anatase titanium dioxide is 12800-13300 yuan/ton (including tax). The mainstream price of domestic and imported chlorinated rutile titanium dioxide is 17500-20000 yuan/ton and 24800-26800 yuan/ton.

Industry chain: The price of titanium concentrate in Panxi has risen slightly this week. Imports of titanium ore remain tense, high prices, to a certain extent, to support the climbing profits. The price of 38 titanium ore without tax is about 750 yuan/ton, and the price of 46,10 titanium ore without tax is between 1180 yuan/ton and 1200 yuan/ton. The price of 47 and 20 mines is about 1250 yuan / ton. The price of domestic titanium ore is rising, and the cost of titanium dioxide manufacturers is high. At present, the market price of titanium dioxide will remain stable.

3. Future Market Forecast

Titanium dioxide analysts believe that: domestic titanium ore prices go up, the market price of titanium dioxide, after two consecutive increases, prices will remain stable, the National Day arrival, downstream more began to stock up, the market has been good in the near future, the actual transaction price is still dominated by a single agreement.

First, the trend of the market:

According to statistics, the price trend of phthalic anhydride continues to rise. The price at the end of the weekend is 7175 yuan/ton, which is 3.24% higher than the price at the beginning of the week of 6950 yuan/ton, and 5.59% lower than the same period last year. About 7100-7200 yuan/ton of o-phthalic anhydride in Shandong and 7200-7400 yuan/ton of phthalic anhydride in Jiangsu are the mainstream of phthalic anhydride negotiations. The spot supply of the market is tight. The naphthalene phthalic anhydride plant starts normally, and the current quotation is 6800-6900 yuan/ton. Recently, the market price of phthalic anhydride continues to rise.

II. Market analysis:

Products: This week, the domestic market price of phthalic anhydride continues to rise. Recently, due to the shortage of raw materials, the market price of phthalic anhydride has risen sharply. The market opening rate of phthalic anhydride has fallen to 60%. The spot supply of phthalic anhydride is tight. Some manufacturers reflect that there is no stock, there are more orders, and the market is selling well. The price of phthalic anhydride keeps rising. Neighborhood method supply negotiation mainstream is 7100-7300 yuan/ton, naphthalene method supply negotiation mainstream is 6800-6900 yuan/ton; Phthalic anhydride market mainstream quotation in North China is 7100-7200 yuan/ton, market prices continue to rise, the quotations of enterprises in North China are rising, downstream construction is normal, purchasing on demand is dominant, there is still a wait-and-see mentality, domestic phthalic anhydride plant transportation. The market price of phthalic anhydride continues to rise. Recently, the supply of phthalic anhydride on the market is tight, and the price of phthalic anhydride continues to rise.

Upstream: In the near future, the price of domestic phthalic anhydride upstream product Sinopec has risen to 6700 yuan/ton, the import price of phthalic anhydride has risen, the quotation has risen, the recent market of port phthalic anhydride has risen, some enterprises have quoted more than 7500 yuan/ton, the stock of port has declined, and the quotation of phthalic acid has risen concussively. The actual transaction price is subject to negotiati The upstream price trend is good for domestic phthalic anhydride market price, and the market price trend of phthalic anhydride has risen sharply.

Downstream: The price of DOP in the downstream has risen recently. The domestic market price of DOP is 7966.67 yuan/ton by the end of the weekend. Recently, the price of phthalic anhydride for DOP raw materials has risen sharply. The price of isooctanol has been stable and the cost of DOP has risen. DOP price shocks rise, DOP downstream shocks maintain stability, customer purchasing enthusiasm is general, downstream PVC market shocks rise, DOP market mainstream transaction price around 8050-8250 yuan/ton, for upstream phthalic anhydride demand has increased, phthalic anhydride market prices are well supported by higher.

Industry: Recently, the market of plasticizer industry has improved, the demand of downstream terminal has increased, and the price trend of phthalic anhydride market continues to rise.

3. Future market forecast:

At present, the price trend of upstream phthalic anhydride is rising, the terminal demand is increasing, affected by cost support, and the supply of phthalic anhydride on the market is tight. The phthalic anhydride analysts of business association believe that the market price of phthalic anhydride will continue to rise, and the price will be around 7300 yuan/ton.

Price Trend

According to a large number of data monitoring by business associations, the price of trichloromethane in Shandong continued to fall this week. At the beginning of the week, the average price of trichloromethane in Shandong was about 2400 yuan/ton, while at the end of the week, the average price was about 2300 yuan/ton, with an overall decline of 4.17%.

II. Cause Analysis

Product Reasons: This week, chloroform enterprises in Shandong started normal work, the supply of the industry is stable, the downstream refrigerant industry is in the off-season, the demand for trichloromethane price is not good, combined with the lack of reserve intention of traders before the festival, the trichloromethane market continues to decline. At present, the price of trichloromethane in Shandong is about 2300 yuan/ton; that in Jiangsu is about 3800 yuan/ton; and that in Liwen, Jiangxi is about 2850 yuan/ton. In terms of plant start-up, Jinling in Shandong Province started normal construction, 60% of chemical industry in Western Shandong Province, Jiangsu Science and Culture Plant started normal construction, and 60% of Jiangxi Science and Culture Plant started construction.

Industry Chain: Upstream, the domestic methanol market is affected by the soaring crude oil and futures boost. It has risen by 3.91% in a week and is currently around 2180 yuan/ton. The overall start of the liquid chlorine market is not high, and the trade in the industry is still acceptable. At present, more than 500-700 yuan/ton is reported by enterprises, and the market is likely to decline in the future. On the downstream side, the domestic refrigerant market has started relatively, but the overall supply is abundant, and the after-sales market is just in poor demand. Now the company offers R22 bulk water 14000-17000 yuan/ton.

Industry: According to the price monitoring of business associations, in the 37 th week of 2019 (9.16-9.20), there were 41 kinds of commodities rising annually in the chemical sector, 11 of which increased by more than 5%, accounting for 13.1% of the monitored commodities in the sector; the first three commodities were hydrochloric acid (157.14%), caustic soda (18.47%) and acetone (13.86%). There are 17 kinds of commodities with a decline of more than 5%, accounting for 1.2% of the monitored commodities in this sector. The products with the first three declines are dichloromethane (-5.19%), trichloromethane (-4.17%) and sulfuric acid (-2.98%).

3. Future Market Forecast

Business Club methane chloride data analysts believe that the current market for trichloromethane has just been in poor demand, affected by the National Day, logistics and transportation constraints in North China affect enterprise shipments, TRADERS’stock intention is not high, and anticipate a short-term decline in the volatility of the trichloromethane market.

Price trends:

On September 20, the hydrobenzene commodity index was 62.91, unchanged from yesterday, down 38.33% from the peak of 102.01 points in the cycle (2014-01-09), and up 41.18% from the low of 44.56 points on August 31, 2015. (Note: Period refers to 2013-12-01 to date).

II. Market analysis:

Domestic hydrobenzene market rose this week (9.12-9.20). The average domestic market price was 5 466.67 yuan/ton at the beginning of the week and 5 700 yuan/ton at the end of the week, up 4.27%.

Domestic market: Affected by the Saudi Arabian incident, crude oil rose sharply, pure benzene external market rose sharply, FOB Korea closed up 41.5 U.S. dollars/ton, closing at 734-736 U.S. dollars/ton, CFR China rose 28.5 U.S. dollars/ton, closing at 739-741 U.S. dollars/ton. The hydrobenzene market was driven higher, with the manufacturers’offer rising by 150-200 yuan/ton compared with last week, and the overall start-up rate of the unit this week was about 50%. The price difference between crude benzene and hydrobenzene was reduced. The profit is reduced, so the manufacturer’s willingness to ship is low. Downstream units such as styrene and phenol start up relatively high, stock sentiment is relatively strong, and the price of hydrobenzene is better supported. As of Friday, the hydrobenzene market in Shandong Province ranged from 5650 to 5800 yuan/ton, with an average price of 5725 yuan/ton.

Industry Chain: Crude Oil: Saudi Arabia’s largest crude oil facility was attacked by drones last Saturday, resulting in more than 5 million barrels a day of suspension of crude oil production capacity, which affected Monday’s international oil price rise by more than 10%. In response to the incident, Saudi Arabia said it would use its stockpiles to ensure that crude oil exports were not affected, restore oil supply to pre-attack levels at the end of September, and oil prices fell sharply. Brent rose 4.59% and WTI rose 4.23% from last week. Pure benzene: Affected by the Saudi Arabian incident last Saturday, the price of pure benzene in the outer market rose sharply at the beginning of the week, which led to a bullish domestic market. In the latter half of the week, oil prices and external markets both fell, and the market attitude was cautious.

3. Trend forecast:

Crude oil and pure benzene will remain at a high level in the short term. In addition, near the downstream of National Day, the hydrobenzene market is good and concentrated, and there is still a good price space in the future.

Price Trend

The price of EPS is rising, and the market trend is generally rising steadily. Businessmen mostly ship goods according to their own conditions, and the enthusiasm of downstream enterprises to take orders has improved, but still mainly small single replenishment warehouse.

II. Market Analysis

EPS market quotation: EPS market price is stable as a whole, Wuxi Xingda EPS ex-factory price, common material quotation is 10500 yuan/ton. The ex-factory price of Dongying Hairong EPS is 10500 yuan/ton for common materials. Jiangyin Hupao EPS ex-factory price, common material quoted 10500 yuan/ton.

3. Future Market Forecast

EPS is currently active in downstream transactions, but the enthusiasm for improvement in inventory is limited. Demand maintenance strategy is just needed. It is expected that in the near future, EPS will mainly focus on narrow-band consolidation.