The price of ortho xylene fluctuated and fell this week

According to the Commodity Market Analysis System of the Business Society, as of October 20th, the price of ortho xylene was 8500 yuan/ton, a decrease of 200 yuan/ton or 2.30% compared to the price of ortho xylene on October 13th, which was 8700 yuan/ton; Compared to the price of 9200 yuan/ton on October 1st, the price of ortho xylene decreased by 700 yuan/ton, a decrease of 7.61%. This week, the price of mixed xylene fluctuated and decreased, resulting in a decrease in the cost of ortho xylene; The downstream market for phthalic anhydride fluctuated and fell, with weak demand for ortho benzene and weak demand for cost reduction. This week, ortho xylene prices fluctuated and fell.

Raw material mixed with xylene fluctuates and falls

According to the market analysis system of mixed xylene products in the Business Society, as of October 20th, the price of mixed xylene was 7550 yuan/ton, a decrease of 5.62% compared to the price of 8000 yuan/ton on October 13th. The price of naphtha has decreased, the cost of mixed xylene has decreased, the price of mixed xylene has fluctuated and decreased, the cost of raw materials has decreased, and the downward pressure on adjacent xylene has increased.

Downstream phthalic anhydride market fluctuates and falls

According to the market analysis system for phthalic anhydride products in the business society, as of October 20th, the quotation for neighboring phthalic anhydride was 8300 yuan/ton, a decrease of 1.04% compared to the price of 8387.50 yuan/ton on October 13th. The market for phthalic anhydride in Naifa is stagnant, and the cost of phthalic anhydride has decreased. The demand for phthalic anhydride is weak, and the market for phthalic anhydride is operating cautiously. The price of phthalic anhydride has fluctuated and fallen.

Future prospects

Analysts from Business Society’s adjacent xylene data believe that naphtha prices have fluctuated and fallen this week, mixed xylene prices have fluctuated and fallen, and the cost of adjacent xylene has decreased; The price of phthalic anhydride has fluctuated and fallen, the market for phthalic anhydride is weak, and downstream demand for adjacent benzene is weak. In the future, both the upstream and downstream markets of the ortho benzene industry chain have declined, and the cost of ortho benzene has decreased. The demand for ortho benzene is weak, and it is expected that ortho benzene prices will fluctuate and fall in the future.

According to monitoring data from Business Society, as of October 19, 2023, the domestic market price of organic silicon DMC was referenced at 14560 yuan/ton. Compared with October 14 (organic silicon DMC reference 14540 yuan/ton), the price increased by 20 yuan/ton, an increase of 0.14%.

From the data monitoring chart of the Business Society, it can be seen that as of this week, the domestic organic silicon DMC market has shown a slight increase and remained stable. In the early stage, during the low price period of organic silicon DMC, downstream companies carried out small-scale low level restocking, with good shipments from large factories and acceptable order volume. Therefore, after entering this week, some factories began to rebound in sales and limited order taking. The overall spot price of organic silicon DMC on the market saw a slight increase, with an upward adjustment range of around 100-200 yuan/ton, and the high-end price of organic silicon DMC rose to around 14800 yuan/ton. Subsequently, due to the loose cost support provided by the downward trend of raw material metal silicon market, the organic silicon DMC market continued to rise weakly and entered a stable consolidation stage. As of October 19, the domestic organic silicon DMC market price reference was around 14400-14800 yuan/ton.

Prediction of the Future Trend of Organic Silicon DMC Market

At present, the trading atmosphere on the organic silicon DMC floor is mild. Some factories have pre received some orders in the early stage, and the overall supply side pressure on the organic silicon DMC is relatively low. As the cost side prices fall, the wait-and-see sentiment on the organic silicon DMC floor is becoming stronger, and the downstream willingness to continue stocking has weakened. However, although there is an expectation of weakening demand side support, there is no significant short-term pressure on the supply side to still provide market support. Therefore, The organic silicon DMC data analyst from the Business Society believes that in the short term, there will be limited significant changes in the organic silicon DMC market, and the market will continue to remain stable and consolidate. Specifically, it is necessary to pay more attention to the latest news changes on the supply and demand side.

According to data monitoring by Business Society, as of October 18, 2023, the reference average price of 30% grade phosphate ore in China was around 998 yuan/ton. Compared with October 1, 2023 (the reference price of phosphate ore was 970 yuan/ton), the price increased by 18 yuan/ton, an increase of 2.89%.

After the National Day holiday, the overall domestic phosphorus ore market has slightly increased. Entering this week, the overall high consolidation operation of the phosphorus ore market has not changed much in terms of supply and demand. The overall supply of mid to high-end grade phosphorus ore in some regions is still tight, while downstream demand remains stable, with most of the orders already in demand and pre orders. Currently, the overall price of phosphorus ore in the field has not changed much. As of October 18, the domestic 30 grade phosphorus ore market price reference is around 950-1050 yuan/ton. The specific price may vary depending on factors such as the original ore specifications, powder to lump ratio, and transportation conditions. The specific details need to be negotiated through actual orders.

Prediction and Analysis of the Future Market Trend of Phosphate Rock

At present, the overall trading atmosphere in the phosphate ore field is mild, and downstream demand is relatively stable. Winter warehousing has not been fully opened yet. Although the supply side can still provide some support to the market, the phosphorus ore data analyst of the Business Society believes that in the short term, the overall rise and fall of the domestic phosphate ore market is limited, and the market will mostly operate at high levels for consolidation. The specific trend needs to pay more attention to factors such as demand and downstream shipments.

Recently, the price trend of domestic fluorite has slightly increased. As of the 17th, the average price of domestic fluorite was 3781.25 yuan/ton, an increase of 1.68% compared to the 8th, and the price is currently at a high level within the year.

Supply side: Frequent safety inspections, shortage of fluorite in stock

The current situation of the game in the domestic fluorite industry still exists, and overall, the operating rate of enterprises remains low. The main reason is that upstream mining is tight, backward mines will continue to be phased out, new mines will be added, and mineral investigation work is still difficult. In addition, some areas have encountered mining accidents, and fluorite mining enterprises are facing increasingly strict safety and environmental requirements. Some mines are undergoing safety hazard inspections, making it more difficult to start fluorite mines, The shortage of raw materials has restricted the operation of fluorite enterprises, making it difficult for fluorite flotation enterprises to improve their operations. The spot supply of fluorite is tight, and the price trend of fluorite market is deceiving money.

Demand side: Hydrofluoric acid procurement is not active, refrigerant market is temporarily stable

The recent trend of domestic hydrofluoric acid prices has been mainly stable, with the mainstream prices negotiated in various regions of the country ranging from 11400 to 11800 yuan/ton. Recently, some units are still in shutdown, with hydrofluoric acid starting at around 60%. The spot supply of hydrofluoric acid has not changed much, but resistance to high priced raw materials has increased, and procurement is not active. Some hydrofluoric acid manufacturers have reported serious losses, and downstream resistance has intensified, To some extent, it limits the growth of the fluorite market.

The market for downstream refrigerant products in the terminal is mainly stable, and the operating rate of the refrigerant industry has not changed much. The load of refrigerant R22 manufacturers is not high, and downstream procurement needs to follow up. Some enterprises have absorbed quotas in advance, and the monthly average quantity of remaining quotas is relatively small. The price trend of R22 is temporarily stable. Domestic R134a manufacturers operate at low loads, with stable prices and strong reluctance to sell. However, the situation of new orders is not ideal, coupled with strong costs, and the actual changes in the export market are not significant. Currently, the market quotation for refrigerant R134a is mostly in the range of 27000-29000 yuan/ton. The recent trend of refrigerant market is mainly stable, and the refrigerant operating rate remains low. For upstream raw material procurement, on-demand procurement is the main trend, which is negative for the fluorite market.

In addition to the traditional demand of the refrigerant industry, fluorite, as an important mineral raw material in modern industry, is constantly developing in emerging fields. It is also applied in strategic emerging industries such as new energy and new materials, as well as in fields such as national defense and nuclear industry, including lithium hexafluorophosphate, PVDF, graphite negative electrodes, photovoltaic panels, etc. With the demand driven by new energy and semiconductor industries, fluorite applications have received certain support, The fluorite market remains at a high level.

Future Market Forecast: It is difficult to improve the supply of domestic fluorite mines in the near future, and some mines have ceased production to undergo safety inspections. However, the purchasing sentiment of hydrofluoric acid enterprises is poor, and the upstream and downstream game situation is intensifying. Business Society analyst Chen Ling believes that the upward trend of fluorite will be hindered in the future, and the price trend of fluorite will mainly fluctuate.

According to data monitoring by Business Society, as of October 16, 2023, the domestic market price of butanone was referenced at 8600 yuan/ton. Compared with October 6, 2023 (reference price of butanone was 8850 yuan/ton), the price was reduced by 250 yuan/ton, a decrease of 2.82%.

Firstly, looking back at September, the domestic butanone market as a whole saw a broad upward trend. On the eve of the Double Festival, downstream demand and inventory were good, and the smooth transmission of supply and demand on the market pushed the price of butanone to a high point. After the double holiday, the butanone market returned to calm, and the trading atmosphere on the market was quiet. New orders were limited, and the overall butanone market began to decline and decline. As of October 16th, the domestic market price of butanone is around 8300-8700 yuan/ton. Compared to before the holiday, the price will be reduced by around 100-300 yuan/ton.

Factors influencing the decline of butanone market after the holiday:

In terms of demand: The downstream demand for butanone after the holiday is not good, with the downstream mainly digesting early stage raw materials. The procurement of on-site stocking is limited, and a new round of centralized stocking has not yet started. The overall performance of on-site demand is flat. Although the raw material side still provides some support to the butanone market, it is constrained by insufficient demand. After the holiday, the butanone market started to decline from a high level.

On the supply side: After the holiday, the shipment of butanone in the market was slow, and the supply and demand transmission showed a stalemate. There was a partial accumulation of inventory on the market, and the overall support provided by the supply side to the market was also weak.

In terms of device operation: After the holiday, there was little change in the operating rate of the butanone field. Although the parking equipment in the early stage has not been restored, the operation of the large factory is in a stable state, and the overall operating rate of the field is maintained at around 70%. Therefore, the market has not been effectively boosted in terms of device operation and capacity utilization.

Prediction and Analysis of the Future Market of Butanone

At present, the downstream demand for butanone is still not very clear, and the inability to follow up on demand in a timely manner has affected the mentality of the industry. There is a strong wait-and-see sentiment on the market, and some downstream sentiment is relatively bearish. The slight rebound in carbon tetrachloride after raw material ether can still provide some support to the market, but it is still crucial to wait for demand guidance in the future. According to the butanone data analyst of the Business Society, in the short term, the butanone market will mostly adjust and operate in a weak and narrow range, The specific trend still needs to pay more attention to the latest news changes on the supply and demand side.