I. price trend

According to the price monitoring of the business agency, the comprehensive price of potassium chloride is temporarily stable this week. This week, the average price of the mainstream comprehensive quotation of potassium chloride was 2235.00 yuan / ton, down 6.88% year-on-year compared with the same period last year. Overall, this week’s potassium chloride market was temporarily stable, with the potassium chloride commodity index at 70.95 on November 22.

II. Market analysis

The quotation of mainstream potassium chloride manufacturers this week is temporarily stable: the weekly ex factory quotation of Qinghai Salt Lake potassium chloride is 2200 yuan / ton, which is temporarily stable compared with that at the beginning of the week; the weekend distribution quotation of Anhui Badu potassium chloride is 2270 yuan / ton, which is temporarily stable compared with that at the beginning of the week. This week, the actual transaction in the potassium chloride market is not good. On the whole, the main contradiction in the market is that the supply exceeds the demand, the trading atmosphere is cold, the downstream procurement is just in demand, the overall inventory is low, the purchasing market momentum is low, and the domestic potassium chloride market is stable.

III. future forecast

In late November, the overall trend of potassium chloride market or low consolidation dominated. After the adjustment in October, the capital return of each plant is in good condition, the equipment maintenance is completed, and the production capacity is increased. However, the market of potassium chloride is facing three major pressures, namely, large stock, weak demand and downward international prices. Therefore, the main contradiction in the current market is that supply exceeds demand. According to analysts of KCl in business association, the short-term market of KCl is dominated by low consolidation under the influence of supply and demand and raw materials.

I. price trend

According to the data monitored by the business club, the average price of pet level manufacturers on November 14 was 6425.00 yuan / ton, and the average price of pet level manufacturers on November 15 was 6525.00 yuan / ton. The overall price increased by 100, or 1.56%, and the pet market rose slightly this week.

II. Cause analysis

Products: this week, the starting load of polyester plant is stable, just need some replenishment, and the market turnover is general. On July 15, the main quotation range of pet water bottle manufacturers is 6500-6600 yuan / ton.

Raw materials: PTA continues to be strong shock, with certain support on the cost side. The industry is cautious to wait and see, just need to be picked as needed.

On November 14, pet commodity index was 48.31, unchanged from yesterday, down 53.44% from 103.76 (2011-09-22), the highest point in the cycle, and up 1.19% from 47.74, the lowest point on January 25, 2016. (Note: cycle refers to 2011-09-01 to now)

III. future forecast

According to pet analysts of the business club, it is expected that pet market will run smoothly in the short term, with the main quotation range of 6550-6700 yuan / ton.

I. price trend

According to commodity data monitoring, the price of Yungui yellow phosphorus fell slightly this week. The average price of yellow phosphorus at the beginning of the week was 18866.67 yuan / ton, and the average price at the end of the week was 18800 yuan / ton. The price fell slightly within the week, with a range of 0.35%.

II. Market analysis

Product: yellow phosphorus market price fell slightly this week. Downstream replenishment enthusiasm is not high, market procurement is not warm. At present, the main quotation of yellow phosphorus in Yunnan is about 18600 yuan / ton. The main quotation in Sichuan is about 18800 yuan / ton. The main quotation of yellow phosphorus in Guizhou is about 18500 yuan / ton. The overall market is light, and traders mainly wait and see.

Industry chain: this week, the market of phosphorus ore has been in a weak state of consolidation. The enterprises supply the orders of old customers sporadically, continue to digest the inventory, and the new orders are rare. The average price of 30% grade phosphate rock in China is around 416.67 yuan / ton, which is 1.57% lower than that of November 1. In the first half of November, the domestic coking coal market fell in shock. According to the monitoring of the business agency, as of November 15, the coking coal fell by 4.18%, and the current tax price range is 1360-1500 yuan / ton. Phosphoric acid market maintained stable consolidation, and on-site trading was still relatively light.

III. future forecast

According to the yellow phosphorus analyst of the chemical branch of business society, the price of yellow phosphorus market fell slightly this week, the overall market of yellow phosphorus was light, and the downstream demand was insufficient, so it was difficult to form a strong support for the market. It is expected that the price of yellow phosphorus will be mainly consolidated.

Trade name: phenol

East China market (November 16): 7250 yuan / ton

Trend chart of domestic phenol Market Price

Last week, the domestic phenol Market turned downward to upward, Sinopec phenol manufacturers lowered, and under the pressure of loss of intermediate traders, the intention of low-cost shipment weakened. The manufacturers arranged their orders according to the plan, and the spot supply was a little tight. The East China market took the lead in pushing upward, the terminal inquiry increased, the intermediate traders participated cautiously, and the transaction was relatively flat. The business community expected the domestic phenol Market to operate in a turbulent way today. The East China phenol Market The negotiation range is 7250-7300 yuan / ton.

Up to now, the offer of phenol in various markets in China is as follows:

Rise and fall of regional quotation

East China 7250 + 50

Shandong area 7300

7350 + 50 around Yanshan

South China 7500 + 50

Trade name: acetone

Market price (November 15, East China): 5250 yuan / ton

Key points of analysis: the domestic acetone market is obviously up, the supply in the market is tight, the port inventory has dropped to a new low, petrochemical enterprises have raised the opening unit price of acetone twice in a row, some of the imported goods have delayed arrival at the port, the sentiment of holding the goods to cover the market is obvious, the enthusiasm of pushing up is high, the downstream and trading companies continue to enter the market to replenish goods, supporting the market focus to move up, and lonzhong information expects today Acetone market runs at a high level. It is expected that the negotiation price in East China market will be around 5300 yuan / ton today, with the whole market running at a high level.

Up to now, the offer of acetone in various markets in China is as follows:

Rise and fall of regional quotation

East China 5250 + 100

Shandong 5000 0

Yanshan surrounding area: 5000 + 50

5250 + 200 in South China

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.