Author Archives: lubon

Futures prices rise, methanol spot market price is expected to rise

On June 15, the main closing price of methanol futures in Zhengzhou Commodity Exchange was 2514 yuan / ton, up 2.57% in the day. The atmosphere of domestic methanol spot market is warming up. Before the festival, some traders make up for the air and the downstream goods to support the mentality of the industry. After the festival, the new prices in Northwest China may be relatively strong, and at present, they are generally bullish. According to the monitoring of business news agency, as of June 15, the average price of domestic methanol production enterprises in Shandong was 2535 yuan / ton, with a month on month decrease of 7.06% and a year-on-year increase of 56.48%.

However, the maintenance plan of some methanol production enterprises is slightly delayed, the supply is relatively sufficient, and the social inventory is not good for the time being. In terms of downstream demand, the market of formaldehyde, dimethyl ether and acetic acid is mainly on the wait-and-see basis, and there is no obvious positive pull for the moment. The price of MTBE is relatively good, crude oil continues to rise, and the refined oil is about to open an upward window, which gives the market some psychological support and is expected to further push up the methanol market.

Summary of methanol market prices by Region as of June 15

Region, price

Qinghai Area 1940-2100 yuan / ton ex factory cash

Shanxi area 2200-2230 yuan / ton factory cash

Liaoning Province 2280-2300 yuan / ton delivered to the factory

Fujian area 2730 yuan / ton, including tax

Two lakes area Ex factory reference 2380 yuan / ton ex factory cash

Anhui Province 2470-2480 yuan / ton factory withdrawal acceptance

Henan Province 2325-2335 yuan / ton ex factory cash

In the downstream, the formaldehyde market was mixed; The market price of dimethyl ether declined as a whole, and the trading atmosphere was general; The domestic acetic acid market is still tight. The general trend of MTBE market tends to be stable, with only a slight rise in some parts of the north, with an increase of 50 yuan / ton.

In terms of external market, as of June 14, the closing price of CFR China methanol was 307.00-308.00 USD / ton; CFR Southeast Asia methanol market closed at 352.00-353.0 USD / ton, down 2 USD / ton. The US Gulf methanol market closed at 108.00-109.00 cents per gallon, up 1.5 cents per gallon; FOB Rotterdam methanol market closed at 310.00-311.00 euro / ton, down 2 euro / ton.

region , Country. Closing price. Up and down

Asia CFR China 307.00-308.00 USD / T 0 USD / ton

Asia CFR Southeast Asia USD 352.00-353.00/t – US $2 / T

Europe and America Gulf of America 108.00-109.00 cents / gal 1.5 cents per gallon

Europe FOB Rotterdam 310.00-311.00 euro / ton – 2 euro / ton

Crude oil is strong and the market mentality is good. Methanol analysts of business news agency expect that the domestic methanol market may continue to rise in a narrow range in the short term.

Thiourea

Polyoxymethylene price stable this week (6.7-6.11)

1、 Polyoxymethylene market price trend chart

Price curve of paraformaldehyde

According to the monitoring of the business agency, the average price of paraformaldehyde this week is 5766 yuan / ton, and the quotation is stable.

2、 Market analysis

.

According to the monitoring of business news agency, the average price of domestic methanol production enterprises in Shandong Province was 2577 yuan / ton at the beginning of this week, and 2522 yuan / ton at the end of this week, down 2.13%.

3、 Future forecast

Raw material methanol prices weakened, business community polyoxymethylene analysts expect polyoxymethylene or will be reduced.

Thiourea

Potash fertilizer market supply tight, potassium sulfate prices continued to rise

1、 Price trend

2、 Market analysis

According to the data of business news agency, the domestic potassium sulfate Market was stronger in early June. As of June 11, the average price of domestic potassium sulfate 50 particle samples was 3200 yuan / ton, an increase of 4.36% compared with the average price at the beginning of May, and an increase of 17.43% compared with the same period last year.

At the beginning of June, the domestic potassium sulfate continued to rise at the end of May, and the ex factory price of enterprises increased greatly. The main advantage of the market is that the supply side of domestic potash fertilizer market continues to be tight in the near future, among which the supply of potassium chloride is tight and the price is high, which directly benefits the processing type potassium sulfate enterprises to take the lead in increasing the spot price. Ningxia Jinniu potassium sulfate 50% powder factory reference price of 3050 yuan / ton. Xiamen Qingshang chemical 50% potassium sulfate powder ex factory reference price of 3400 yuan / ton, manufacturers mainly meet the early orders. A number of potassium sulfate enterprises are sealed and do not accept orders for the time being. In early June, the external potash fertilizer market was stable, and the operating rate of Mannheim plant in China remained about 70% compared with the previous period. At present, the stock of potassium sulfate is low and the market supply is limited. At present, the cost pressure of downstream compound fertilizer manufacturers is increasing, and the load is low. However, it is heard that there is an inquiry in advance in the yard, and there is a willingness to prepare goods, but the acceptance of high price sources is limited.

3、 Future forecast

Potassium sulfate analysts of business news agency believe that: in early June, the price of potassium chloride was stronger, and domestic potassium sulfate cost support was strengthened. In addition to the favorable cost side and the tight supply side of domestic potash fertilizer market, enterprises and traders actively increased. There are passive follow-up operations for end users, and the fluency of high price goods delivery is general. It is expected that the domestic potassium sulfate price will continue to rise in the near future.

Thiourea

The contradiction between supply and demand is obvious, the PE market continues to be weak, and the price drops as a whole

In June, PE overall trend continued to be weak, spot three varieties have fallen to varying degrees. Among them, LLDPE and LDPE have fallen significantly, LLDPE has fallen to less than 8000 yuan / T, HDPE has remained stable in large scale, and some of them have declined, and the overall market investment atmosphere is weak. The following is a detailed view:

According to the data of business agency, the average factory price of LLDPE (7042) in East China was 8100.00 yuan / ton on June 1, and 7866.67 yuan / ton on June 10, with a decline of 2.88% over the period, and the overall price rose 15.69% compared with the same period last year.

According to the data of business society, the average factory price of LDPE (2426h) in East China was 9800.00 yuan / ton on June 1, and 9687.50 yuan / ton on June 10, with a decline of 1.15% over the period, and the overall price rose 18.16% compared with the same period last year.

According to the data of business agency, the average price of HDPE (5000S) in East China was 9000.00 yuan / ton on June 1 and 9000.00 yuan / ton on June 10. During the period, the price was stable, and the overall price was up 25.58% compared with the same period last year.

On September 9, petrochemical enterprises in PE spot market collectively lowered the factory price, which hindered the market investment atmosphere. LLDPE and LDPE fell significantly, while HDPE market was down in some parts. The futures market of lianplastic fell in shock, which brought Limited benefits to the spot market. In terms of supply, the new capacity has been put into operation. In terms of demand, the current agricultural film production is off-season, the lower the start rate of downstream enterprises, and the pipe and packaging film are in the off-season. The demand is weak and the receiving intention is not high. The multi-dimensional holding on demand supplement is difficult to improve the market transaction atmosphere. The business mentality is empty, follow the profit giving quotation as the main, the actual offer focuses on a single talk.

Upstream ethylene market, recent external ethylene market overall trend of decline, the market mentality of the polyethylene market. As of 9, the Asian ethylene market price remained stable, CFR Northeast Asia closed at $957-965 / T, and CFR Southeast Asia closed at $917-925 / T. European ethylene market prices fell, FD northwest Europe closed at $1298-1309 / T, CIF NW Europe closed at $1253-1262 / T. The US region’s ethylene price fell at $583-595 / T. Generally speaking, the demand of the whole ethylene market is not good in the near future, the trading atmosphere is light, the transaction is not strong, and the center of gravity of ethylene market is constantly moving down.

On June 10, the futures market stopped falling and rising, but the spot market price was still weak. On June 10, the opening price of PE futures 2109 was 7610, the highest price was 7640, the lowest price was 7555, the closing price was 7615, the former settlement price was 7565, the settlement price was 7590, up 50, or 0.66%, the volume of trading was 363267, the position was 388895, and the daily position increased by -6238( Quotation unit: yuan / ton)

At present, although the inventory of two oil has declined, the futures market of lianplastic has stopped falling and rising, which brings short-term support to the market. However, the new production capacity is put into operation successively. In addition, the downstream agricultural film, pipe and packaging film are in the traditional off-season, the relatively weak demand still brings obvious control to the market, and the market weakness is difficult to change in the short term. It is expected that the PE spot market will continue to weaken in the short term.

Thiourea

Acrylic acid price temporarily stable

According to the data of the business club’s block list, as of June 9, the average quotation price of acrylic acid in East China was 10200 yuan / ton, which was flat compared with the previous trading day, flat compared with the price at the beginning of the month, down 1.92% compared with the price on May 9, and 14.04% compared with the same period in three months.

In May, the acrylic acid market rose first and then fell, with a monthly rise and fall of – 0.33%. In June, the acrylic acid market was light and the price was stable. At present, the price of raw material propylene is weak, the cost support is weakened, the demand side gas purchase is general, and the demand side procurement is mainly on demand. Most of the operators hold a wait-and-see mentality, the market trading atmosphere is flat, and the market is mainly stable.

Upstream propylene, as of June 7, Shandong propylene prices temporarily stable. According to the price chart of the business club, after a sharp rise of 150-250 yuan / ton on the 3rd, today’s market consolidation operation, individual enterprises slightly reduced 50 yuan / ton. Now the market turnover has risen to 8050-8150 yuan / ton, and the mainstream price is about 8050 yuan / ton.

According to the acrylic acid analysts of business news agency, at present, the raw material propylene is weak, the overall demand of downstream is average, and the basic market atmosphere is flat. It is expected that the acrylic acid market may be weak and stable in the short term, and more attention should be paid to the rise and fall of raw materials.

Thiourea