1、 Price trend

Price: the mainstream quotation of GPPS is 7650-8900 yuan / ton, and that of hips is 8700-9700 yuan / ton.

2、 Market analysis

PS market slightly up. Some businesses follow up the quotation flexibly, but the market trading atmosphere is still flat, and there is still resistance to shipment of cargo holders.

3、 Future forecast

PS market generally stable, some higher. Trading is still not ideal, and orders continue to be deadlocked. It is expected that PS price will be mainly shock finishing.

According to the price monitoring of business agencies, the price of domestic PTA spot market rose slightly on August 31, with an average price of 3579 yuan / ton on the spot market of that day, up 0.16% compared with the previous trading day and a year-on-year decrease of 31%. PTA main futures (2101) closed higher and closed at 3748, up 26% or 0.21% from the previous trading day.

Domestic chemical futures rose, driving PTA main futures up. The atmosphere of buying and selling in the spot market is general, the terminal demand has not improved substantially, the polyester factory has staged promotion to transfer inventory, and the operating load has increased to more than 88%. In addition, the PX raw material market will be weak.

Xia Ting, an analyst at the business agency, believes that at the end of August, PTA plants were restarted more, the supply side was loose, and the raw material market was weakening and adjustment. It was expected that the short-term PTA price fluctuation would be weak and the operation would be dominated.

1、 Price trend

According to the monitoring of commodity prices this week, the basic data showed that. At the beginning of the week, the average price of isopropanol in China was 8066.67 yuan / ton, and the average price at weekend was 8000 yuan / ton. During the week, the price decreased slightly, with the range of 0.83%.

2、 Market analysis

The price of isopropanol was basically stable this week. In the international market, isopropanol in the U.S. market was stable, while the European market fell. Overall, the demand for disinfectants in overseas markets was relatively stable this month. The domestic market demand is general. So far, the negotiation range of isopropanol in Shandong Province is about 8000 yuan / ton, and that in Jiangsu Province is about 8000 yuan / ton. Zhejiang isopropanol negotiation range is around 8000 yuan / ton.

Chart: comparison of price trend of acetone and isopropanol from June to August

In terms of raw materials, the acetone market has been running steadily this week, with 6350 yuan / ton in East China, 6500 yuan / ton in South China, 6400 yuan / ton in Shandong and 6300 yuan / ton in surrounding markets of Yanshan. Yesterday (August 27) acetone market narrow adjustment, affected by the typhoon, heard that the port supply delay, morning high opening, but in the afternoon the market was loose, shipping sentiment increased. On the whole, the acetone market has been running strongly this week.

In terms of propylene, the market price of propylene in Shandong was adjusted up and down. On August 27, crude oil prices still rose and fell, which had limited impact on propylene market. On the other hand, the overall profit margin of the downstream is acceptable, and the unit starts operation at a high level, but on the whole, it mainly needs procurement. Up to now, the market transaction is still between 6900-7250 yuan / ton, and the mainstream price is about 6950 yuan / ton. Propylene manufacturers to ship smoothly, inventory without pressure.

3、 Future forecast

The isopropanol analyst of chemical branch of business society thinks: the market price of raw materials acetone and propylene is roughly stable. Supported by the cost, isopropanol price is mainly stable. In terms of demand, the export situation this month is relatively stable. It is expected that the price of isopropanol will be stable in the short term, and follow-up attention will be paid to the changes in the news.

Near the end of the month, the domestic price of polysilicon is still rising, and the price of silicon material has reached a new high this week. Domestic polysilicon market also continued to rise, polysilicon prices rose 2000-3000 yuan / ton this week. The price of imported goods stabilized slightly. At present, the operating rate of domestic polysilicon manufacturers is relatively low, and about six maintenance or load reduction start-up are maintained. This month, two new polysilicon manufacturers are mainly concentrated in Inner Mongolia and Sichuan. In the middle of the year, the 20000 ton polysilicon plant in Leshan, Sichuan Province, was affected by the flood, and the plant has not yet resumed production. According to the news on the 26th, the manufacturers are actively organizing the desilting work and striving for the early resumption of the plant. Most enterprises keep low inventory operation, domestic supply continues to be tight, enterprises continue to sign orders, manufacturers have signed orders in September. According to the monitoring of the business agency, the domestic mainstream transaction price of polysilicon with the model of first-class solar material is 65000-72000 yuan / ton.

In the near future, the silicon material enterprises in Xinjiang have begun to resume production one after another, and the supply is also gradually increasing. The market shortage may be alleviated in the near future, and the growth of polysilicon is expected to slow down in the near future.

Note: the above price is tax inclusive

According to the data monitored by the business agency, as of August 26, the average price of domestic power lithium iron phosphate was 37000.00 yuan / ton. The domestic power type lithium iron phosphate ran smoothly with limited demand, general transaction atmosphere, slow delivery and stable price.

The market price range of lithium iron phosphate power is 34500-37000 yuan / ton, the price is stable, the supply and demand is balanced, and the demand is general. At present, the price range of energy storage lithium iron phosphate is 28000-31000 yuan / ton, and the average price is about 29500 yuan / ton. At present, the quotation of power type lithium iron phosphate enterprises is 37000 yuan / ton of Guangdong Optical Technology Co., Ltd., 37000 yuan / ton of Foshan Defang Nano Technology Co., Ltd Teri new energy materials Co., Ltd. is 37000 yuan / ton. In the past two years, domestic lithium iron phosphate technology has been continuously improved. Lithium iron phosphate battery has cost advantages. With the continuous breakthrough of lithium iron phosphate density, its safety and recycling have been better played. There is a very broad space for lithium iron phosphate in vehicle market.

The overall operation of upstream lithium carbonate is stable. At present, the mainstream price range of industrial grade lithium carbonate is 33000-37000 yuan / ton, with a slight increase. The mainstream price range of battery grade lithium carbonate is 39000-40500 yuan / ton, and the price remains stable.

The chemical index on August 25 was 683 points, up 2 points compared with yesterday, 32.78% lower than 1016 points (2012-03-13), and 14.21% higher than 598 points, the lowest point on April 8, 2020. (Note: period refers to 2011-12-01 to now)

Business Club lithium iron phosphate analysts believe: lithium iron phosphate market prices remain stable in the short term, just need to purchase. (the above prices are provided by major lithium iron phosphate manufacturers all over the country and analyzed by business lithium iron phosphate analysts for reference only. Please contact relevant manufacturers for more price details.)