This week (September 19-23), the price of domestic EVA market was firm, with big stability and small changes. According to the data monitoring of the business community, the average ex factory price of domestic EVA was 20766.67 yuan/ton on September 19, and 20833.33 yuan/ton on September 23. The weekly increase was 0.32%, down 16.78% compared with the same period last year.

As of September 23, EVA factory quotation is as follows:

Product., manufacturer., model., ex factory price

EVA., Yanshan Petrochemical., 18J3., 21000 yuan/ton

EVA., Beijing Organic., Y2022., 19700 yuan/ton

EVA., Yangzi BASF., V5110J., 21800 yuan/ton

The domestic EVA market price was firm this week, and the ex factory price of petrochemical enterprises was mainly stable, with individual increases of 200 yuan/ton. The current market supply is stable, and there is no significant change temporarily. In terms of demand, the market demand for photovoltaic materials is relatively flat, while the market demand for foamed materials needs to be improved, most of which are made up of rigid needs. In terms of cost, the market price of vinyl acetate is weak, and the raw materials bring certain negative effects. The EVA market lacks the power to continue to rise, and the price remains stable.

To sum up, the favorable factors of EVA market are relatively limited at present, there is no obvious change in supply, terminal demand needs to be improved, and the weak cost affects the market mentality. The downstream maintains replenishment on demand, and the market trading atmosphere is general. It is expected that the domestic EVA market price will continue to consolidate in the short term.

According to the monitoring data of the business community, the average market price of the manufacturers of petroleum asphalt in Shandong Province on September 22 was 4449 yuan/ton, up 0.19% from the previous trading day, and up 30.77% year on year. On September 22, the closing price of the main contract of domestic asphalt futures was 3764 yuan/ton, up 2.87%.

The international crude oil fluctuated widely, and the performance of asphalt futures was slightly stronger. In terms of spot goods, the overall demand is fair, the ex factory quotations of major refineries remain stable, and the spot resources at the supply level in some regions are still tight.

In the short term, the domestic asphalt market fluctuates at a high level.

According to the price monitoring of the business community, the average price of sulfur in East China was 1206.67 yuan/ton on September 21, down 2.26% from the previous working day. The market was weak.

The sulphuric acid market in the downstream has stabilized, the quotation in some regions has increased according to the shipment situation, the trading center of ammonium phosphate market has slightly increased, the downstream demand has improved, the on-site trading atmosphere is good, and the support for the sulfur market has been strengthened. The sulfur downstream plants in Shandong are active in receiving goods, and the refinery’s shipment is smooth. In addition, the port market has risen due to the tight supply of goods, the mentality of the industry has improved, and the sulfur price has risen. It is expected that the sulfur market will be stable and wait for operation in the short term, Pay special attention to the downstream follow-up.

According to the monitoring data of the business community, on September 20, the domestic methanol port in East China was 2710 yuan/ton, down 2.74% from the previous working day and 13.97% year on year. On September 20, the methanol futures of Zhengzhou Commodity Exchange fell back in shock. The main contract MA2301 closed at 2660 yuan/ton at the end of the trading day, down 35 yuan/ton, or 3.24%, compared with the closing of the previous trading day.

The international oil price fluctuated widely, the higher coal price supported the methanol production cost, and the methanol market rose broadly in the early stage. In terms of spot goods, the domestic methanol market as a whole has a fair turnover. At present, there is no pressure on the inventory of production enterprises, and they are willing to support the price. Traders and downstream enterprises are mainly wait-and-see. At the same time, the early production enterprises’ equipment maintenance has resumed normal operation, the supply has increased, the early rise has been consumed, and the shock is the main reason.

In the short term, the domestic methanol market is dominated by high volatility.

Recent price trend of hydrochloric acid

It can be seen from the figure above that the domestic hydrochloric acid price was adjusted at a low level this week, with the average market price of 153.33 yuan/ton. A year-on-year drop of 50.00%. On September 19, the hydrochloric acid commodity index was 40.35, unchanged from yesterday, down 70.74% from the cycle’s highest point of 137.89 (2021-10-26), and up 124.42% from the lowest point of 17.98 on September 5, 2012. (Note: Period refers to 2011-09-01 to now)

Insufficient upstream support and weakened downstream procurement

From the manufacturer’s quotation, the domestic hydrochloric acid market price is temporarily stable this week.

From the perspective of the upstream and downstream industrial chain of hydrochloric acid, the upstream liquid chlorine market was consolidated at a low level, and the cost support was insufficient. The downstream market price of polyaluminum chloride was consolidated at a low level, with a price of 2071.25 yuan/ton, up 16.07% year on year; The market price of ammonium chloride was adjusted at a low level, with a price of 975.00 yuan/ton. On the whole, the upstream support is insufficient and the downstream procurement enthusiasm is weakened.

Future market forecast

In late September, the market price of hydrochloric acid fell mainly in a narrow range. The recent low level of upstream liquid chlorine market has been consolidated, and the cost support is insufficient. The low level of downstream polyaluminum chloride and ammonium chloride market fluctuates in a narrow range, and the downstream purchase intention is general. The analysts of the business association believe that hydrochloric acid has declined slightly in recent shocks.