1、 Price trend

According to the monitoring data of the business association, this week’s soda ash market was stable and small. From the beginning of the week to the end of the week, the average market price was about 1846 yuan / ton, up 45.74% over the same period last year. On June 24, the commodity index of light soda ash was 94.67, which was the same as yesterday, decreased by 19.68% compared with 117.86 points (2017-11-21), the highest point in the cycle, and increased by 49.91% compared with 63.15 points, the lowest point on November 18, 2015（ Note: period refers to the period from September 1, 2011 to now

2、 Market analysis

According to the monitoring data of the business community, the price in East China is temporarily stable, and the current mainstream market price of light soda ash is about 1700-1850 yuan / ton. The price of soda ash in North China is temporarily stable, and the current mainstream market price of light soda ash is about 1800-1900 yuan / ton. The price of soda ash in Central China is temporarily stable. The current mainstream market price of light soda ash is about 1700-1750 yuan / ton. Generally speaking, the price of short-term soda ash is mainly high.

Upstream and demand: the turnover of upstream raw salt is good, the market atmosphere is relatively stable, and it is expected that the finishing market of raw salt will run mainly in the later stage. Glass inventory growth slowed down, and prices in some areas were adjusted sporadically. In North China Shahe, the shipment of enterprises is fair, the inventory of enterprises is low, and individual manufacturers have slightly increased. The overall trend of glass spot market in East China is general, and the inventory increases slightly. The production and marketing in Central China are fair, the export volume of enterprises is increased, and the spot price of glass is stable. South China’s glass shipment is better, downstream replenishment is more active, individual enterprise prices have increased. On the whole, there is no pressure on the manufacturers’ inventory for the time being, the price fixing operation is the main, the downstream is more wait-and-see, the procurement is more cautious, and the traders are more flexible.

According to the price monitoring of the business community, in the 24 th week of 2021 (6.14-6.18), the price of chlor alkali industry increased by 1 commodity, decreased by 1 commodity, and decreased by 0 commodity. The main commodities that rose were calcium carbide (6.44%); The main commodities falling were PVC (- 0.68%). The average rise and fall this week was 1.15%.

Business analysts believe that: the domestic soda price is stable, the market trading atmosphere is relatively stable, and manufacturers are mainly active in shipping. At present, there is still a phenomenon of large inventory but uneven distribution of soda ash, and the manufacturers adjust the quotation according to themselves. The price of downstream glass is strong, but it is still wait-and-see for high price soda. The buyers and sellers still play a game on the price, and most of them purchase on demand. In general, soda late more narrow fluctuations in the operation of the market, specific to the downstream market demand.

After the Dragon Boat Festival, Shandong’s civil gas market was supported by favorable conditions, and the overall price rose, but the price rise did not last, and the upward route was blocked again within the month. According to the data monitoring of business society, the average price of LPG in Shandong market was 4140.00 yuan / ton on June 14 and 4183.33 yuan / ton on June 21, with an increase of 1.05% during the period and 48.87% compared with the same period last year.

After the Dragon Boat Festival holiday, there was a certain demand for replenishment in the downstream. In addition, the international crude oil rose significantly, the enthusiasm for entering the market in the downstream was good, the manufacturers delivered smoothly, and the inventory decreased compared with the previous period. Under the guidance of favorable factors, the price of Shandong civil gas rose slightly. However, LPG is in the off-season, and the weak terminal demand has brought obvious restraint to the market, so the rising market has not been continued. The international crude oil dropped significantly on the 17th, and the LPG market was not strong enough, so the price stopped rising and stabilized. After entering this week (21st), as the early positive gradually consumed, prices fell again. At present, the supply of civil gas in Shandong is relatively sufficient, but the demand is general, and the market supply and demand are unbalanced. There is resistance to high prices in the lower reaches, and the enthusiasm for entering the market is obviously weaker than that in the earlier stage.

The recent rise of LPG futures market has brought some support to the spot market. On June 21, the opening price of LPG futures contract 2108 was 4486, the highest price was 4553, the lowest price was 4453, the closing price was 4519, the former settlement price was 4475, the settlement price was 4513, up 44, or 0.98%, the trading volume was 74433, the position was 48785, and the daily increase was 4107（ Quotation unit: yuan / ton)

On June 21, international oil prices rose sharply, with the settlement price of the main contract in the US WTI crude oil futures market at US $73.12/barrel, up US $1.48 or 2.07%. Brent crude oil futures market settlement price of the main contract at 74.90 U.S. dollars / barrel, or 1.39 U.S. dollars or 1.90%. People are full of confidence in the sustained economic recovery and strong demand growth. In addition, Iran’s presidential election is expected to continue to delay the resumption of us Iran nuclear talks.

At present, in the traditional off-season LPG market, the weak terminal demand is the main reason to restrain the market upward. Most of the lower reaches maintain replenishment on demand, and the overall enthusiasm for entering the market is relatively general. At present, the inventory of manufacturers in Shandong market is at a controllable level, and there is no obvious inventory pressure. In addition, the international crude oil rose sharply on the 21st, which brought some support to the market. It is expected that the price of Shandong civil gas market will be strong in the short term, and it is still likely to fall in the long term.

According to the data monitored by the business agency, as of June 21, the average quotation price of domestic premium DMF enterprises was 11033.33 yuan / ton. The market trend of DMF was rising, the price fluctuation was small, the negotiation center was high, the downstream negotiation was active, and the inventory supply was tight.

DMF prices continue to rise, high price operation, downstream active procurement, strong willingness to stock, the current low inventory operation, maintain the upward trend in the short term, DMF prices increased by 5.41% compared with the same period last week, compared with the same period last month, the price increased by 3.12%, significant increase, upstream methanol stable operation, just need replenishment, limited volatility, maintain the early trend in the short term.

On June 21, the chemical industry index was 1041 points, up 1 point from yesterday, down 3.97% from 1084 points (2021-05-13), the highest point in the cycle, and up 74.08% from 598 points, the lowest point on April 8, 2020（ Note: period refers to the period from December 1, 2011 to now

Business agency DMF analysts believe: DMF in the short term to maintain the upward trend（ For more information on the latest industry chain, welcome to pay attention to official account of business community, obtain commodity information, and grasp commodity price.

Price trend

According to the data of business club’s block list, the domestic PA66 market fell slightly in the middle of June, and the spot prices of various brands were stable. As of June 21, the average offer price of PA66 medium viscosity injection molding sample enterprises was about 39100 yuan / ton, a decrease of 0.76% compared with the average price at the beginning of the month, and a rise of 104.18% compared with the same period last year.

Cause analysis

Upstream adipic acid, since the domestic spot price fell sharply last month, the recent market to maintain horizontal consolidation operation. Affected by the continuous effect of relatively weak demand, it entered the current round of stalemate at the beginning of the month. Fortunately, the current operating rate is not high as a whole, and there are still some enterprises stopping for maintenance, so the supply of adipic acid is relatively limited. Market adipic acid lack of guidance, it is expected that the short-term spot price will continue the stalemate trend.

Raw material adipic acid runs sideways, PA66 cost side support is maintained, recent PA66 market performance for the typical off-season supply and demand two weak market, spot price narrow adjustment. The overall operating rate of domestic PA66 industry is still not high, and the performance of on-site cost support and supply side support is acceptable. In the off-season of rubber and plastic industry, the overall wait-and-see attitude of the industry is heavy, the merchants are flexible to negotiate the shipment, the consumption of end users is shrinking, and the purchasing power is insufficient. The resistance of high price source of goods is still large. Recently, the market atmosphere is light, the market inquiry is limited, and the actual single transaction is mainly small.

Future forecast

Analysts of business news agency think: in the middle of June, the domestic market of PA66 was stable and declined, and the profit situation of polymerization enterprises and end users was not ideal. In addition, the industry is in the off-season, and the consumption is low. Capacity loss and upstream cost support still exist, but the market atmosphere is weak and supply and demand are weak. It is expected that PA66 market will be easy to fall but difficult to rise in the short term.

1、 Chart of the price trend of nitric acid Market

Price curve of nitric acid

According to the monitoring of business agency, the average price of concentrated nitric acid in domestic areas at the beginning of this week is 2266 yuan / ton, and the average price at weekends is 2300 yuan / ton, up 1.47%.

2、 Market analysis

On June 15, Anhui Jinhe quoted about 2300 yuan / ton, which was up 100 yuan / ton compared with the previous one; Wenshui Synthetic Chemical Co., Ltd., the price of concentrated nitric acid is 2200 yuan / ton, and that of dilute nitric acid is 1300 yuan / ton, and the price of concentrated nitric acid is the same as that of the last time; Shandong helitai concentrated nitric acid quoted 2400 yuan / ton, the price was the same as the last time; Anhui Audley concentrated nitric acid quoted 2300 yuan / ton, which was up 200 yuan / ton compared with the last time. The market demand of nitric acid is still acceptable, and the shipment is good. The manufacturer raises the quotation.

The production price of domestic liquid ammonia in Shandong Province rose 0.76% this week. Domestic market prices of aniline in the downstream rose 5.58% this week. The downstream TDI market price in East China is temporarily stable this week.

3、 Future forecast

The cost of liquid ammonia is supported by raw materials. The local nitric acid is in good condition and the source of goods is tight. The analyst of nitric acid in the business agency expects that the trend of nitric acid will be mainly strong.

According to the data of the commodity list of the business society, the market of formaldehyde in Shandong has risen recently. The average price of formaldehyde in Shandong was 1287.50 yuan / ton on the 15th, and 1290.00 yuan / ton on the 16th, up 0.19%. The current price has dropped by 8.94% month on month, and the current price has increased by 47.71% year on year.

Recently, the domestic formaldehyde market price rose. As of June 16, the mainstream market price in Central China was about 1296 yuan / ton, the mainstream market price in North China was 1185 yuan / ton, the mainstream market price in Northwest China was 1183 yuan / ton, and the mainstream market price in East China was 1296 yuan / ton. Recently, the trading atmosphere of formaldehyde market is acceptable, the transaction situation is good, and the formaldehyde market shows a fluctuating upward trend.

Upstream methanol situation: methanol market is mainly rising, and the negotiated price of methanol market in southern Shandong is up 10 yuan / ton to 2360-2370 yuan / ton, with cash withdrawal from the factory. Linyi received the local goods, negotiated the price to 2360-2370 yuan / ton and sent them to cash exchange. The logistics goods offer price is not available for the time being. Enterprise inventory is not high, market negotiation is relatively good. Shandong methanol Lubei market reference price 2390 yuan / ton to spot. Methanol market rose, the overall trading atmosphere is good. Strong support for formaldehyde.

At present, Shandong’s plate factories are well started, the formaldehyde market is well accepted, the demand is high, the inquiry is enthusiastic, the atmosphere of Shandong’s formaldehyde market is positive, the transaction is fair, and the focus of formaldehyde market is moving up.

Recently, the upstream raw material methanol market is on the rise, and the downstream plate factories have just the right demand and are actively purchasing. Therefore, formaldehyde analysts from the chemical branch of business society expect that the price of formaldehyde in Shandong will mainly rise in the near future.

PC market continues to run in a weak position and shows a ladder like downward trend. As of June 15, the comprehensive price of PC market was 26800.00 yuan / ton, which was dominated by weak operation in the near future. Compared with the same period last month, the price dropped by 6.73%. The price showed a ladder like downward trend. From late May to early June, the trend of PC remained weak, Lack of demand and follow-up motivation.

The PC market as a whole is running in a cold state, with a strong wait-and-see atmosphere and weak negotiation focus. The PC market is dominated by weak operation, and the downstream demand is low, which is difficult to boost in the short term. The upstream BPA is up in a narrow range, and the negotiation price is between 22500-22600 yuan / ton. The market transaction atmosphere is general, and the rising space is limited.

On June 14, the rubber and plastic index was 771 points, which was the same as yesterday. It was 27.26% lower than 1060 points (2012-03-14), the highest point in the cycle, and 46.02% higher than 528 points, the lowest point on April 6, 2020（ Note: period refers to the period from December 1, 2011 to now

PC analysts of business club think: PC will maintain weak and stable operation in the short term（ If you want to get more information about goods and master the price of goods, you can subscribe to the business community through the official account of the business community.

1、 Price trend

According to the data of business news agency’s block list, the domestic glycine price rose this week, with the price of 20000 yuan / ton at the beginning of the week and 21000 yuan / ton at the end of the week, up 5%.

2、 Analysis and comment

According to the price chart of the business club, glycine prices continued to rise this week, and the trading atmosphere was good. Manufacturers mainly completed orders from regular customers, and there was basically no inventory. Individual manufacturers stopped for maintenance, and there was no plan to drive for the time being. The overall trading atmosphere of glycine in China was good. Supported by the demand, the price of glycine went up and exceeded 20000 yuan / ton. The downstream glyphosate market is strong. It is reported that the domestic price of technical drug is about 47000 yuan / ton, which is stable this week. Most of domestic industrial glycine is used in glyphosate production. Glycine market is closely related to glyphosate. Supported by glyphosate production demand, glycine market is driven higher.

3、 Future forecast

Glycine analysts of business society chemical branch think: Overall, glycine supply and demand are stable, there is not much stock in the market, and the downstream demand supports it. It is expected that glycine will continue to explore slightly in the near future.

According to the data monitored by the business community, the PP market in early June was volatile and the spot prices of various brands were reduced. As of June 10, the mainstream offer price of T30S (wire drawing) by domestic manufacturers and traders was around 8300.00 yuan / ton, a decrease of 4.41% compared with the average price at the beginning of the month, and a rise of 6.87% compared with the same period last year.

Cause analysis

The domestic (Shandong) market price of PP upstream propylene stopped falling and rising in early June, with the price of 7781 yuan / ton at the beginning of the month, and the average price of 10 days was about 7945.82 yuan / ton, up 2.99%; June 1 is the first ten days of low price. Recently, the prices of propylene in the United States and Asia are stable, which has no significant impact on the propylene market. Propylene market inventory is not much, part of the unit maintenance has started, began to quote. Recently, events in the international crude oil market continued, and the price rise was objective, which played a certain cost support for the price rise of propylene in the first ten days. But part of the downstream down obvious, long and short game in the field, propylene or shock is expected to rise.

The upstream propylene market is warming, and PP cost side support is strengthened. Last month, the average operating rate of the industry rebounded, coupled with the off-season of traditional demand, the consumption of terminal enterprises declined. In the first ten days of this month, the domestic market continued the previous pattern. Although power rationing affected production in some regions, the overall supply pressure did not improve. This year’s new production line production involves more production capacity, and the medium and long-term expansion of production capacity is a blow to market confidence. In addition, the recent decline of RMB exchange rate has formed a certain resistance to polypropylene export, aggravating the contradiction between domestic supply and demand. The lower reaches are still resistant to high price goods, and the momentum of off-season trading is insufficient. The market is generally short, and petrochemical plants generally reduce the ex factory price.

In terms of fiber materials, according to the data monitored by the business society, as of June 10, the mainstream offer of domestic producers and traders Z30S (fiber) was similar to that of wire drawing materials, with a price of about 8566.67 yuan / ton, a decrease of 1.15% compared with the average price at the beginning of the month, and a rise of 9.13% compared with the same period last year. At present, the consumption of fiber PP is also weak, and the two kinds of oil and social inventory are rising slightly. The direct downstream non-woven enterprises tend to operate passively, and the consumption of diaper products is insufficient. Spunbonded non-woven industry and Spunlaced non-woven industry profits under pressure, the site fiber PP by multiple bad effects, continued the previous weak trend.

Meltblown materials, the recent meltblown PP market fell, spot prices generally down. As of June 10, the average quotation of pph-y1500 sample enterprises monitored by the business community was about 10400 yuan / ton. At present, the domestic epidemic situation is generally stable, and the situation of saturated demand for medical protective equipment is relatively stable. In terms of overseas epidemic situation, the recent epidemic problems in China’s neighboring countries in the Asia Pacific region are profound, which may increase the epidemic prevention pressure of neighboring countries in the future. However, the demand of overseas epidemic prevention market tends to increase the quantity of oxygen generator and other related equipment, and there is no pulling effect on melt blown PP industry. The saturation of domestic melt blown fabric manufacturing market is high, and several production lines have been confirmed to stop production recently. Melt blown PP market is expected to continue to narrow adjustment.

Future forecast

Business community PP analysts believe that: in early June, the domestic polypropylene market fluctuated and fell. The current market is still in the traditional off-season demand, low consumption. The end users have strong resistance to the high price of goods, the goods preparation is rigid, and they need to operate carefully, and the actual trading volume is small. In the year of rapid growth of PP production capacity, the medium and long-term supply side bad news is gradually released, and multiple factors amplify the contradiction between supply and demand in the industry. Crude oil and propylene in the upstream of the industrial chain are stronger and better expected. The current market support mainly comes from the upstream. It is expected that PP price will remain weak in the near future.

From May 31 to June 4, 2021, the crude benzene market price increased slightly, at 5450.83 yuan / ton at the beginning of the week and 5531 yuan / ton at the end of the week, with a weekly increase of 1.47%.

Summary of price adjustment of Sinopec’s pure benzene in 2021 (unit: yuan / ton)

Date, adjusted price, adjusted amount

May 7, 7700, + 300

May 10, 8000, + 300

May 12, 8200, + 200

May 24, 7900, – 300

May 28, 7600, – 300

June 4, 7900, + 300

On June 4, 2021, Sinopec’s registered price of pure benzene was increased by 300 yuan / ton. At present, it implements 7900 yuan / ton, of which Qilu Petrochemical implements 7850 yuan / ton.

The crude benzene market was under pressure at the beginning of the week and rose at the end of the week. At the beginning of the week, the price trend of hydrogenated benzene was dragged down by the downward trend of pure benzene market price, and the crude benzene market which started bidding on Tuesday was affected by the downward trend of most prices. Since Wednesday, the international crude oil price continued to rise, the styrene market took the lead in boosting the price rise, the hydrogenation benzene market followed the trend of pure benzene, and the price of crude benzene in Shandong and other places on Thursday was the main price.

In the future, the business community believes that the price of pure benzene market is high, the downstream market is weak, and the support for pure benzene is limited. It is expected that the crude benzene industry chain will mainly fluctuate in the short term.