Price trend of domestic sodium pyrosulfite

According to the monitoring of business society, the price of domestic sodium pyrosulfite continued to decline this week. The average price of industrial grade sodium pyrosulfite was 2733.33 yuan / ton at the beginning of the week and 2433.33 yuan / ton at the end of the week, down 10.98% during the week.

Affected by the continuous decline of raw material prices, in January, some enterprises lowered the ex factory price of sodium pyrosulfite again, driving the domestic market price of sodium pyrosulfite down again. This week, the market price range of industrial grade sodium pyrosulfite is 2100-2600 yuan / ton, and most prices are concentrated near 2200 yuan / ton. The downstream has a strong wait-and-see attitude. Enterprises mainly complete the orders of old customers, and the increase of new orders is limited. (the above prices refer to the external quotations of domestic mainstream enterprises, and some unreported enterprises are not within their scope temporarily. The prices are for reference only and have nothing to do with the final pricing of the manufacturer. Please contact each manufacturer for details).

This week, the domestic soda ash price continued to decline, fell sharply by 16.67% during the week, the sulfur price rebounded slightly, increased by 1.64% during the week, the upstream raw material price fell again, and the overall raw material cost remained weak, which will suppress the market price of sodium pyrosulfite in the future.

Future forecast

Business analysts believe that the price of raw materials continues to be weak, and the downstream trade subjects have a strong wait-and-see attitude. In the short term, the domestic market price of sodium pyrosulfite will continue to be stable and weak.

DOP prices stopped falling and rebounded

According to the data monitoring of business agency, DOP prices stopped falling and rebounded in December, and the overall DOTP market recovered. As of December 31, the DOP price was 9775.00 yuan / ton, down 12.72% from the DOP price of 11200.00 yuan / ton on December 1; The DOP price on January 6 was 10312.50 yuan / ton, down 7.92% from the DOP price on December 1; Compared with January 1, DOP prices rose by 5.50%. Due to insufficient demand, DOP prices fluctuated and fell in December. After the festival, customers actively replenished stocks, and DOP prices rebounded and rose.

Isooctanol prices stopped falling and rose

According to the price monitoring of the business agency, the domestic isooctanol price fluctuated and fell in December. The isooctanol stopped falling and rebounded in late October, and the price fluctuated and rose. After the festival, customers replenished actively, stimulating the rise of isooctanol price, and the sharp rise of crude oil price. In addition, the low start of isooctanol stimulated the rise of isooctanol price. The market was cautious about purchasing high-end prices, and the market was still cautious about the future trend of isooctanol. The price of isooctanol rose, the cost of plasticizer DOP rose, the downward pressure of DOP weakened, and the upward momentum increased.

The price of phthalic anhydride fluctuated and rose

According to the price monitoring of the business community, the phthalic anhydride market stopped falling and rebounded in December, and the overall phthalic anhydride price fluctuated and rose. In December, the phthalic anhydride price increased by 1.77%, and the phthalic anhydride market recovered. Downstream demand continued to a certain extent, the price of phthalic anhydride rose, the downward pressure of DOP weakened, and the upward momentum increased.

PVC market fluctuated and fell

According to the price monitoring of the business society, the PVC price fluctuated and fell in December, and the PVC price stabilized and the decline slowed down in late October. The PVC market has entered a weak finishing pattern. Weak consolidation of PVC, general spot market, insufficient demand for plasticizer and bad DOP market. As the Spring Festival approaches in January, PVC related manufacturers may have a holiday in advance, the demand for DOP is general, and the DOP market is relatively bad.

Future expectations

According to DOP data analysts of business agency, in December, the price of DOP raw material phthalic anhydride fluctuated and rose, the price of isooctanol stopped falling and rebounded, and DOP cost was well supported; On the demand side, the price of PVC is weak and stable, the demand for plasticizer is still cold, the manufacturers are active in replenishing stocks after the festival, the price of isooctanol rises briefly, and the cost impact promotes the price rise of plasticizer DOP. The downstream market is still weak, the future demand is low, and the rising space of DOP is limited. In the future, the cost of plasticizer DOP is rising, the demand is low, and the price of DOP is expected to be stable.

In December 2021, the domestic 1# lead ingot Market fluctuated and stabilized. The average price of the domestic market was 15218.75 yuan / ton at the beginning of the month and 15268.75 yuan / ton at the end of the month, with a monthly increase of 0.33%.

On December 29, the lead commodity index was 93.15, up 0.07 points from yesterday, down 30.49% from the highest point of 134.01 in the cycle (November 29, 2016), and up 24.82% from the lowest point of 74.63 on March 19, 2015. (Note: the period refers to the period from September 1, 2011 to now).

The commodity price K-bar chart uses the concept of K-line of price trend to reflect the weekly or monthly price changes in the form of bar chart. Investors can buy, sell and invest according to the changes of K-bar chart. Red means: rising; Green means: falling; The height of K column indicates the range of rise and fall. As shown in the figure above, the lead price has continuously maintained weak operation in recent one month.

From the perspective of lead ingot Market in December, at present, most electrolytic lead manufacturers at the supply side have resumed production, and the start-up of recycled lead enterprises has decreased slightly due to environmental protection factors recently. The downstream storage enterprises at the demand side started relatively stably, and their procurement enthusiasm was acceptable. There was no significant change compared with the previous period, and they still focused on maintaining rigid demand procurement. Under the weak balance of supply and demand, the lead price in the spot market is weak to follow the trend of futures. Since the middle of the year, the price has rebounded, the operation of the smelter is relatively stable, and the supply is OK. With the increase of the spot lead price, the profits of downstream enterprises are squeezed, and the downstream price reduction mentality is strong. Near the end of the year, the output task is basically completed, the sales situation of downstream storage enterprises is relatively general, and the enthusiasm for purchasing primary lead is slightly low.

The fundamental changes of lead market are limited. Affected by the Winter Olympic Games, the operating rate of enterprises has declined slightly, the terminal consumption demand of downstream battery enterprises has begun to enter the off-season, and the battery output in some areas has declined to a certain extent. Lead prices rose and downstream procurement was cautious, mostly on demand. It is expected that the market will be stable and upward in the future.

Relevant data:

WBMs: according to the latest report data released by the world Bureau of Metal Statistics (WBMs) on Wednesday, there was a supply shortage of 250400 tons in the global lead market from January to October 2021, compared with 112200 tons in 2020. From January to October 2021, the global refined lead output was 11.8154 million tons, an increase of 20.4% over the same period last year. China’s apparent demand is estimated at 5.9244 million tons, 1.757 million tons higher than the same period in 2020, accounting for about 49% of the global total. In October 2021, the output of refined lead was 1225200 tons and the demand was 1244600 tons

According to the monitoring data of business society, the acrylonitrile market fell in December. As of December 31, the price of acrylonitrile was 14560 yuan / ton, down 7.36% from 15716 yuan / ton at the beginning of the month.

The price of raw propylene fluctuated in a narrow range and the cost side was weak. According to the monitoring of business society, as of December 31, the domestic propylene price was 7548 yuan / ton, slightly up 0.04% from 7545 yuan / ton at the beginning of the month, and the high point in the month was 7562 yuan / ton; The low point in the month was 7422 yuan / ton.

According to the business agency, the first-line maintenance of sierbang Petrochemical will be carried out from November to mid December; Shanghai Secco acrylonitrile unit was overhauled in November and restarted in early December; A unit of Zhejiang Petrochemical will be shut down for maintenance from December 15. The overall load of acrylonitrile in this month increased slightly compared with the previous period

The market of downstream ABS, acrylic fiber, nitrile rubber and other products is weak, there is no significant increase in construction, and the demand for acrylonitrile is weak.

 
Future forecast: acrylonitrile analysts of business society believe that at present, the cost side is low, the supply side is relatively loose, and there is no significant increase in the downstream construction near the Spring Festival. It is expected that the market price of acrylonitrile will continue to weaken.

Aluminum fluoride prices were flat in December

According to the data of business agency, the price of aluminum fluoride was flat in December. On December 31, the average price of domestic aluminum fluoride was 14366.67 yuan / ton, which was flat compared with 14366.67 yuan / ton at the beginning of the month (December 1); In December, the aluminum fluoride market was weak and temporarily stable.

The price of raw materials fell

According to the monitoring of business society, the prices of fluorite and hydrofluoric acid fluctuated and fell in December. The price of raw materials fluorite and hydrofluoric acid decreased, the cost of aluminum fluoride decreased, and the downward pressure of aluminum fluoride increased.

The price of electrolytic aluminum fluctuated and rose

According to the monitoring of business society, the price of electrolytic aluminum fluctuated and rose in December, but the output of electrolytic aluminum enterprises was relatively stable, and near the Spring Festival, the operating rate had a slight downward trend, the demand for aluminum fluoride was basically stable, and the rising power of aluminum fluoride was weak.

Market overview and forecast

Analysts of aluminum fluoride industry of business agency believe that in December, the prices of hydrofluoric acid and fluorite, the raw materials of aluminum fluoride, the cost of aluminum fluoride decreased, and the downward pressure of aluminum fluoride increased; Downstream electrolytic aluminum has limited support for aluminum fluoride, and downstream customers have poor acceptance of high priced aluminum fluoride. The cost decreased, the demand was stable, the downward pressure on aluminum fluoride increased, and the rising power was insufficient. In the future, the price of aluminum fluoride was temporarily stable, and the risk of high decline increased.

According to the bulk list data of business society, the price trend of TDI in East China rose sharply in December. At the beginning of the month, the average price of TDI market was 14350 yuan / ton, at the end of the month, the average price of TDI was 16000 yuan / ton, an increase of 1650 yuan / ton within the month, an increase of 11.50%. As of December 31, the reference value of domestic goods with tickets is around 15400-15600 yuan / ton, and that of Shanghai goods with tickets is around 15700-15900 yuan / ton.

As of December 31, the operation of TDI plants in China is as follows:

Factory name Capacity (10000 tons) Device status

Gansu Yinguang twelve On December 20, the unit was overhauled, with a plan of 20 days

Wanhua chemical (Yantai) thirty Smooth operation

Wanhua Fujian ten On December 22, the nearby units were shut down for maintenance, and it is expected to restart around January 5, 2022

Cangzhou Dahua fourteen Smooth operation

Yantai Juli eight During the shutdown of the unit, the restart time is uncertain

Xinjiang Juli fifteen Smooth operation

Shanghai keschuang thirty-one Smooth operation

BASF Shanghai twelve Smooth operation

The TDI market was strong in December, and the price rose sharply during the month. The price trend of this month is mainly affected by the supplier’s devices. As soon as the parking and maintenance plans of Fujian Wanhua and keschuang were released at the beginning of this month, the on-site cargo holders increased. In the middle of this month, Cangzhou Dahua and Xinjiang Juli stopped briefly, the market supply was tight, the industry had a strong mentality of supporting the market, and the TDI price maintained a high and firm operation in the latter half of the month. Although some devices were restarted at the end of the month, the on-site spot filling was slow, With the support of the supplier’s market, TDI market operates in a high and stable manner.

The upstream toluene market continued to decline. As of December 31, the price was reduced to 5580.40 yuan / ton, down 9.56% from the beginning of the month. In the early stage, the increase of cargo in East China and the rise of toluene port Inventory were bad for the domestic toluene Market, and the focus of toluene Market moved downward. Then, Taizhou Petrochemical released less goods than expected, the low-cost goods source impacted the market, and the supply of toluene market increased. However, the downstream demand continued to be weak. In addition, affected by the shock and decline of crude oil, the focus of toluene market continued to move downward.

According to the analysis of TDI data division of business society, at present, the TDI market is stable at a high level, and the supplier’s spot is tight. At the end of the month, the guidance direction is given by the large manufacturer, and the supplier’s attitude towards supporting the price is obvious. It is expected that the TDI market will continue to operate at a high level in the future, with specific attention to the market supply.

In 2021, the domestic rubber grade silica market continued its upward trend. In January, the price was 4733.33 yuan / ton, and as of December 30, the price was 6750 yuan / ton, an increase of 42.61% for the whole year, reaching 2000 yuan / ton. In the first half of 2021, the silica market was tepid and operated steadily for several months until June. After opening in the second half of the year, the silica showed a narrow upward trend, The focus of negotiation has been high for several consecutive months, and the supply side is tight. The price has stabilized again in mid November. The lowest price of white carbon black in 2021 is 4733.33 yuan / ton in January, and the highest price in early November is 6875 yuan / ton.

In the first half of 2021, the white carbon black market is mainly dominated by stable transportation, with a large number of contract orders, most of which are just in need of procurement. The procurement atmosphere is flat and the number of new orders is limited. Near the Spring Festival in 2021, the white carbon black shipment is slow, the negotiation atmosphere is general, the merchants are cautious in taking goods, the white carbon black was sorted out in a narrow range in the first quarter, and the price remained at about 4750 yuan / ton, entering the second quarter, The mainstream price of white carbon black remained at 4700-4800 yuan / ton. It was slightly stronger in the second quarter, and the overall price increased by 0.35%. The price fluctuation range of white carbon black in the first half of the year was not very large, and the price has been hovering around 4800. For many years, the tire industry has relied on precipitated white carbon black as an important reinforcing agent in rubber to improve the wet skid resistance of tires, Steering controllability and wear resistance. Generally speaking, white carbon black plays an important role in vehicle safety and fuel consumption, while the high demand for new energy vehicles does not promote the market situation of white carbon black.

White carbon black plays an important role in the manufacturing of automobile tires. As we all know, tires have wear resistance, safety, environmental protection and clean oil performance. In 1992, French Michelin developed the world’s first “green tire” filled with a large amount of white carbon black, which significantly improved the wet and skid resistance of tires and opened up a new direction of tire research and development, In the past two years, due to the impact of public events, domestic transport vehicles have decreased significantly, the recovery is slow, and the domestic white carbon black market is depressed. There are 23 gas silicon production enterprises in China, and the overall operating rate is affected. Some enterprises have not stopped work, the inventory of operating enterprises is increasing, and the transaction atmosphere is flat. Throughout the first half of 2021, Domestic rubber grade silica showed a stable and weak operation, and the transaction price was basically maintained below the cost line.

Chemical commodity index: on December 30, the chemical index was 1103 points, unchanged from yesterday, decreased by 21.21% compared with the highest point of 1400 points in the cycle (2021-10-23), and increased by 84.45% compared with the lowest point of 598 points on April 8, 2020. (Note: cycle index since December 1, 2011)

In the second half of the year, the trend of silica was strong, and the price had an upward trend. In the third quarter, the overall price of silica increased by 11.97%. By the end of September, the mainstream price of silica was about 5300 yuan / ton. From June to September, the domestic rubber grade silica remained stable and rising, the trend was strong, and the manufacturer’s price increased slightly, From the end of September to October, the mainstream price of white carbon black was about 6800 yuan / ton, and the price increased slightly. The spot in the overall market was tight and slightly relieved. It was mainly for contract customers. In early November, the mainstream price of white carbon black was about 6870 yuan / ton. The trend of white carbon black was stable and the price change was not obvious. As of December 30, the mainstream price of white carbon black was 6750 yuan / ton, The whole second half of the year increased by 43.11%, and the curve showed a continuous upward trend. The overall market operated strongly in the second half of 2021.

Upstream hydrochloric acid: in the first half of 2021, the hydrochloric acid market was in strong shock operation, the price fluctuated, and the overall market price was stable. In the second half of 2021, the trend of the hydrochloric acid market was strong, the shock was upward, some enterprises started maintenance, the supply side was low, and the willingness to purchase was good. The price reached a high point in the middle and early October, and then the price began to decline, which continued from November to December, The trend of hydrochloric acid fluctuated and declined. In December, the market of hydrochloric acid fluctuated and fell first, then rose and then fell. As of December 28, the mainstream price of hydrochloric acid was 320.00 yuan / ton, with insufficient upstream support and insufficient downstream procurement follow-up. It is expected that hydrochloric acid will fluctuate and decline slightly in the near future.

As a reinforcing agent, white carbon black is mainly used in the field of rubber tires, accounting for 70% of the total. White carbon black can reduce tire resistance and resist wet skid. It can be used to produce green tires and replace carbon black for sidewalls. White carbon black is currently in a steady upward trend. With the development of power vehicles, green environmental protection has attracted the attention of the state, and white carbon black, as a representative of green tires, In the near future, I believe I will usher in my own spring.

1、 Price trend

According to the bulk list data of business society, the domestic glycine price remained stable in December, and the average price of industrial glycine remained stable at 35000 yuan / ton.

2、 Analysis and review

According to the price chart of the business club, the glycine market in December showed a stable trend and strong price. The mainstream quotation in the market was 35000 yuan / ton. The market operated smoothly as a whole. Although the raw materials formaldehyde and ammonium chloride decreased to varying degrees, the cost impact was limited. The production of the enterprise is relatively stable, the inventory is small, the goods are transported smoothly, the orders of old customers are mainly completed, and the transactions of new orders are limited.

In terms of demand: the price of glyphosate in the downstream rose all the way. The price of glyphosate technical drug exceeded 80000 yuan / ton, and the price was close to 85000 yuan / ton at the end of December. Glyphosate demand continues to be strong. December is still the peak season for pesticide export. Some agrochemical enterprises have arranged orders until March next year. The demand at home and abroad remains unchanged, and the price is easy to rise but difficult to fall.

3、 Future forecast

Glycine analysts of business society believe that at present, glycine prices have risen to a high level. After a month of horizontal consolidation of prices, although there is glyphosate demand support in the downstream, considering the acceptance of the downstream, there is still great upward resistance. It is expected that glycine prices may be reduced by a small margin in January.

Recent domestic isooctanol price trend

As can be seen from the above figure, the ex factory price of Shandong isooctanol fell first and then rose this month. The quotation first fell from 11566.67 yuan / ton on December 1 to 9666.67 yuan / ton on December 20, down 1900 yuan / ton, down 16.43%, and then rose to 10400.00 yuan / ton at the end of the month, up 7.59%. Overall, the isooctanol market fell sharply this month. On December 27, the isooctanol commodity index was 76.47, down 0.25 points from yesterday, down 44.39% from the highest point of 137.50 points in the cycle (2021-08-08), and up 117.55% from the lowest point of 35.15 points on February 1, 2016. (Note: cycle refers to the period since September 1, 2011)

Shandong isooctanol market in December

manufactor December 1st December 20th December 28th

Li Huayi 11700 yuan / ton 9600 yuan / ton 10200 yuan / ton

Jianlan chemical 11500 yuan / ton 9700 yuan / ton 10500 yuan / ton

Hualu Hengsheng 11500 yuan / ton 9700 yuan / ton 10500 yuan / ton

From the manufacturer’s quotation, the price of mainstream manufacturers of isooctanol in Shandong fell this month, the manufacturer’s inventory was general, and the downstream demand weakened. The quotation of lihuayi isooctanol at the end of the month was 10200 yuan / ton, which decreased by 1500 yuan / ton compared with the beginning of the month; Jianlan Chemical Co., Ltd. offered 10500 yuan / ton of isooctanol at the end of the month, down 1000 yuan / ton compared with the beginning of the month; Hualu Hengsheng isooctanol offered 10500 yuan / ton at the end of the month, down 1000 yuan / ton compared with the beginning of the month.

Insufficient upstream support and weakening downstream demand

From the perspective of upstream and downstream industrial chains, the upstream propylene market has twists and turns this month, with a narrow fluctuation at about 7500.00 yuan / ton, a year-on-year increase of 0.11% compared with the same period last year. The cost support is insufficient, which has a negative impact on isooctanol. The downstream DOP price first fell and then rose. The quotation first fell from 11200 yuan / ton at the beginning of the month to 9450.00 yuan / ton on December 20, down 15.62%, and then rose to 9850.00 yuan / ton at the end of the month, up 4.23%, down 5.59% year-on-year compared with the same period last year. The downstream market first fell and then rose, and the downstream customers have general enthusiasm for purchasing isooctanol. On the whole, the upstream and downstream products had a negative impact on the price of isooctanol this month.

Market outlook rose slightly

The domestic isooctanol market may rise slightly in the middle and early January. The price of upstream propylene has an upward trend at the end of the month, the cost support is general, the price of downstream DOP rises slightly at the end of the month, the downstream purchase enthusiasm for isooctanol is enhanced, and the product trend is upward under the contradiction between supply and demand. The isooctanol analysts of business society believe that the domestic isooctanol market may rise slightly under the influence of supply and demand and raw materials in the short term.

According to the data monitored by the business society, the average ex factory tax price of Shanxi light potassium carbonate was 6475.00 yuan / ton at the beginning of the year, and the average ex factory tax price of Shanxi light potassium carbonate was 8166.67 yuan / ton at the end of the year, an increase of 26.13%. The highest price of light potassium carbonate in Shanxi was 8262.50 yuan / ton on August 18.

Potassium carbonate

In 2021, the market of potassium carbonate keeps rising. It can be seen from the above figure that the potassium carbonate market was on the rise in 11 months of the year. Only September was down, and the highest increase was in July, with the highest increase of 13.4%. The rise of the potassium carbonate market is mainly due to the tight market supply. Since June, the potassium carbonate market has been in short supply, most of which are concentrated in the hands of large traders, holding their plates and reluctant to sell. The transaction of new orders in the market is limited, there is a state of price without market in some regions, and the market has soared all the way. Later, large domestic manufacturers resumed production, but mainly delivered early orders, the market supply was still not abundant, the decline of potassium carbonate market was limited, and the price continued to remain high.

In 2021, the market of potassium chloride showed a trend of shock and rise. Throughout 2021, the available spot in the domestic potassium chloride market is in short supply. Although the production enterprises are fully engaged in production, the operating rate is slightly low and the self-sufficiency rate is insufficient. At the same time, the delivery of international potassium fertilizer suppliers is delayed and the arrival at the port is limited. Domestic inventory has been low and the market remains high. The strong market of potassium chloride supports the cost of potassium carbonate.

Recently, the domestic potash fertilizer market has been weak and the market demand is light. It is expected that the price of potassium carbonate will mainly fall in the short term, and the long-term market still needs to wait and see. (the above prices are provided by major potassium nitrate manufacturers all over the country and sorted and analyzed by potassium carbonate analysts of business society. They are for reference only. Please contact relevant manufacturers for more price details).