On November 20, the PX commodity index was 54.40, unchanged from yesterday, down 46.88% from 102.40 (2013-02-28), the highest point in the cycle, and up 19.43% from 45.55, the lowest point on February 15, 2016. (Note: cycle refers to 2013-02-01 to now).

According to statistics, on the 20th, the domestic market price trend of p-xylene was temporarily stable, the operation of new 600000 ton plant in Hongrun was stable, the operation of petrochemical plant in Pengzhou was stable, 50% of petrochemical plant in Urumqi was started, one line of aromatics plant in Fuhai Chuang was started, CNOOC Huizhou refining and chemical plant was overhauled, the PX plant in Hengli Petrochemical was put into operation, and other units were temporarily stable. As the new plant was put into operation, the domestic The market supply of xylene is normal, and the market price trend of p-xylene is stable temporarily. The operating rate of PX plant in Asia is about 80%. On November 19, the closing price of p-xylene market in Asia dropped by 4 US dollars / ton, and the closing price was 765-767 US dollars / ton FOB South Korea and 786-788 US dollars / ton CFR China. More than 50% of domestic products need to be imported. The decline of external market price has a certain negative impact on the domestic market price of p-xylene, but the domestic market price trend is temporarily stable.

On November 19, WTI crude oil futures market price in the United States fell sharply, to $55.21/barrel, or $1.84, while Brent crude oil futures price fell sharply, to $60.91/barrel, or $1.53. Due to the continuous signs of Sino-U.S. trade war, the oil price remained near the highest close in eight weeks, which put pressure on the fuel demand outlook. Crude oil futures in New York fell 0.1% to close near $58 a barrel on Friday, after closing at their highest level since September 23. In the week to November 12, oil short sellers cut their short position in West Texas Intermediate by 41%. Crude oil prices fell sharply and domestic p-xylene prices were stable. In recent years, the textile industry is in a volatile market, the PTA Market operating rate is rising, and the PTA price trend is slightly rising. The average price of the offer in East China is about 4750-4850 yuan / ton. As of the 19th, the domestic PTA operating rate is about 92.5%, and the polyester industry operating rate is about 87.5%. Due to the sufficient supply in PTA field and the general trading atmosphere, the purchase is dominated by traders, followed up by sporadic polyester factories, and affected by the original oil price The price of PTA in the downstream market remains low due to grid shock. It is expected that the PX market price will maintain 6800 yuan / ton in the short term.

I. price trend of lithium hydroxide:

The average price of lithium hydroxide as of November 18 was 67666.67 yuan / ton, which was the same as that of last Friday (November 15), according to the bulk list data of business agencies. In a three-month cycle, it fell 11.35% year-on-year.

II. Market analysis:

Product: the market of lithium hydroxide was stable on the 18th. At present, the external quotation of industrial grade lithium hydroxide of Shanghai Yulun Industrial Co., Ltd. is 63000 yuan / ton, that of Shanghai oujin Industrial Co., Ltd. is 66000 yuan / ton, and that of Zigong tongfarong industrial grade lithium hydroxide is 74000 yuan / ton. The specific price will be discussed in a single way.

Industry chain: the upstream lithium carbonate market price was temporarily stable on August 18. The basic supply and demand situation of lithium carbonate market hasn’t changed significantly. Most enterprises’ prices tend to be relatively stable, but a small number of enterprises still sell goods at a low price. At present, the product prices haven’t shown a positive upward trend for the time being.

3. Future forecast:

According to the lithium hydroxide analyst of business club, the upstream lithium carbonate is in weak operation, and the downstream demand has not improved significantly. Although the operating rate of lithium hydroxide is low, the inventory is large, and there is no strong positive factor support as a whole. It is expected that the lithium hydroxide Market will be dominated by weak consolidation in the short term.

I. trend analysis

According to the nickel price monitoring of the business association, the nickel spot price on November 18 was 125283.33 yuan / ton, down 1.67% compared with the previous trading day, up 39.97% compared with the beginning of the year, up 25.44% year-on-year, and up 15.05% compared with the highest point in the year on September 3.

II. Market analysis

Today, nickel prices continue to fall. On the one hand, the price of downstream stainless steel continues to fall recently, and the market is more pessimistic about the demand side. On the other hand, nine nickel mining enterprises have resumed export, which will lead to a substantial increase in nickel mine export, while Philippine nickel miners have also decided to increase nickel mine export recently. Finally, Indonesia’s nickel export data in October increased dramatically, compared with 2018, October 2019 A 300% increase over the same period of the year further dampened sentiment in the nickel market.

III. future prospects

Future market forecast: nickel price will continue to be weak in the short term, but in the long term, nickel price is still optimistic in the long term due to the impact of next year’s ban on mining on nickel supply end gap.

I. price trend

Business agency: MTBE market price rose slightly this week (Nov. 11-nov. 16) (Oct. 8-oct. 12)

The price of MTBE this weekend was 5466 yuan / ton, up 1.23% from the previous week, according to the data of business agency.

II. Market analysis

Products: on November 18, the price of domestic refined oil was adjusted or the production line was increased. The mentality of MTBE market operators was acceptable, and the refinery’s shipment was smooth. Domestic MTBE prices rose slightly and steadily this week.

Industry chain: this week, the international crude oil price fluctuated in a narrow range, and the domestic gasoline market price fell slightly by 0.55%. The domestic gasoline market demand was smooth.

MTBE Market: Although the upstream gasoline price is stable, the MTBE market operators are optimistic. The MTBE manufacturers deliver goods smoothly. Under the tight spot supply, the manufacturers tentatively push up slightly. However, the downstream resistance is strong, and the MTBE market price mainly rises slightly. And this week’s alkylation oil market is basically stable, the demand side is mainly rigid demand, and the refinery’s delivery price is relatively strong. Therefore, the market price of MTBE rose this week, but not much.

III. future forecast

According to MTBE product analyst of energy branch of business society, MTBE manufacturers deliver goods smoothly, spot supply is in a tight state, and there is a subjective intention to push up, but the downstream gasoline market demand is stable, and it is expected that the MTBE market will be blocked in the upward direction next week, with a steady increase.

I. price trend

The average price of cryolite as of November 13 was 6100 yuan / ton, down 3.43% month on month and 4.69% year-on-year, according to the data in the bulk list of business agencies. On November 13, the cryolite commodity index was 74.09, unchanged from yesterday, down 26.80% from 101.21 (2011-10-31), the highest point in the cycle, and up 11.67% from 66.35, the lowest point on September 5, 2016. (Note: cycle refers to 2011-09-01 to now)

II. Market analysis

Products: at present, the cryolite market in Henan province maintains stable operation. On November 4, the quotation of some enterprises was appropriately lowered according to the shipping situation. As of November 13, the quotation of cryolite for Kunyu industry and trade in Zibo was 6500 yuan / ton; the quotation of cryolite for Changshu Hongjia fluorine Co., Ltd. was 7200 yuan / ton; the quotation of cryolite for Jiaozuo public utility industry was 6900 yuan / ton; the quotation of cryolite for Tianrui crystal technology in Zhengzhou was 6400 yuan / ton, compared with that at the beginning of the month The price of cryolite of Zhengzhou Zerun energy and Chemical Co., Ltd. is reduced by 200 yuan / ton; the price of cryolite of Shandong Botao Group Co., Ltd. is reduced by 5000 yuan / ton, 500 yuan / ton; as a whole, the shipment of the enterprise is smooth and the transaction is acceptable.

Industry chain: upstream raw material sulfuric acid Market: the domestic sulfuric acid market is quiet, enterprises are mostly stable in price, while the acid market is weak and stable. At present, the market is still oversupply, and the downstream is not enough to follow up, so the support is weak. In terms of upstream fluorite, environmental protection is still playing a role, and the operating rate is average. At present, the price trend of domestic fluorite is low and fluctuating, and the downstream market also remains low. For fluorite Market The demand for cryolite in the downstream electrolytic aluminum plant is flat, and there is not much improvement, so the delivery of cryolite is smooth.

Industry: at present, the cryolite manufacturer’s devices are in normal operation, the manufacturer’s inventory is sufficient without pressure, and the shipment is acceptable. The downstream electrolytic aluminum enterprises have slightly increased the start-up, the overall inventory is good, and the manufacturer’s mentality is optimistic.

III. future forecast

According to the cryolite product analyst of the business association, cryolite manufacturers currently offer multi-dimensional and stable prices, the device operates normally, the inventory is sufficient, and the shipment is acceptable. It is expected that cryolite market will maintain stable operation in the later stage, with specific attention to market demand.