Trade name: PVC

Latest price: 6324.29 yuan/ton

Key points for analysis: On October 13, the PVC market was relatively light, traders were not enthusiastic about taking goods, and the futures price fell today, so the market confidence was obviously insufficient. At present, the focus of spot market trading is downward. Downstream replenish the goods as needed, be cautious in taking the goods, and wait and see more.

Forecast: The PVC spot market is weak in the short term.

After the festival, DOP prices rose sharply and fell back

According to the data monitoring of the business community, as of October 12, the DOP price was 10450 yuan/ton, up 3.26% from 10120 yuan/ton on October 1 at the beginning of the month; Compared with the DOP price of 10480 yuan/ton on October 11, it decreased slightly by 0.29%. After the festival, the DOP price rose sharply, but due to poor demand, the downstream customers’ receptivity was insufficient, and the high DOP price fell back.

After the festival, the price of isooctanol rose and fell back

According to the price monitoring of the business community, the price of isooctanol rose first and then fell after the festival. As of October 12, the price of isooctanol was 9200 yuan/ton, up 2.99% from 8933.33 yuan/ton on October 1 at the beginning of the month; The price of isooctanol dropped by 1.43% compared with the price of 9333.33 yuan/ton on October 10. After the festival, enterprises replenished more stocks, the price of isooctanol rose, but the downstream demand was poor, the support for the rise of isooctanol was insufficient, and the price of isooctanol fell under pressure.

The price of phthalic anhydride hit a new high after the festival

According to the price monitoring of the business community, the price of phthalic anhydride was 10575 yuan/ton as of October 12, up 2.67% from 10300 yuan/ton on October 1 at the beginning of the month. After the festival, phthalic anhydride enterprises had a lot of maintenance. The price of ortho benzene rose sharply. The supply of phthalic anhydride was tight, and the cost was supported. After the festival, the price of phthalic anhydride hit a new high. The cost of DOP rose, and the impetus for DOP to rise remained.

PVC prices rose slightly after the festival

According to the price monitoring of the business community, the PVC price was 6332.86 yuan/ton as of October 12, up 1.07% from 6265.71 yuan/ton on October 1 at the beginning of the month. After the festival, PVC prices rose slightly, and DOP demand recovered slightly, but overall DOP demand remained low.

Future market expectation

According to the DOP data analysts of the business community, in terms of raw materials, the prices of isooctanol and phthalic anhydride, DOP costs and DOP prices rose sharply after the festival; However, in terms of demand, the rise of PVC is small, the recovery of DOP demand is limited, and the rise of DOP is not supported enough. In the future, the downstream has a low acceptance of high price DOP, the domestic economic recovery is less than expected, the demand growth is not good, and the future DOP price is expected to fall slightly.

According to the monitoring data of the business community, after the National Day holiday, the market of hydrogen peroxide kept falling, and the average market price dropped to 873 yuan/ton, a drop of more than 5%. At the beginning of the month, the average price of hydrogen peroxide in the market was 920 yuan/ton. On the 11th, the average price of hydrogen peroxide in the market was 873 yuan/ton, a 5.07% drop. The sharp drop of hydrogen peroxide after the festival was mainly caused by the weak terminal demand.

Weak terminal demand, weak hydrogen peroxide market, downward trend

After the National Day holiday, the demand for hydrogen peroxide in terminal printing, paper industry and other industries declined, and the hydrogen peroxide market continued to weaken. There is a big difference in the domestic market in major production areas. The hydrogen peroxide market in Shandong is weak, and the mainstream quotation drops to 600 yuan/ton; The market of hydrogen peroxide in Anhui Province is relatively stable, lasting 1100 yuan/ton. The domestic hydrogen peroxide market continues to be weak, led by bad news.

Li Bing, an hydrogen peroxide analyst from the business community, believes that the demand is weak, and the hydrogen peroxide market is still weak in the future.

After yesterday’s rise, the downstream inquiry atmosphere is insufficient today, and the terminal just needs to submit an offer on the low side. The supplier’s offer today has declined. The mainstream negotiation on the market is 11150-11200 yuan/ton, and the actual order also has a small margin of profit. The on-site trading and follow-up is slow.

On October 10, phenol offers in various markets across the country were as follows:

Region, quotation, daily rise and fall

East China., 11150., – 50

Shandong Province, 11450., 0

Yanshan surrounding area, 11400., 0

South China, 11350, 400

According to the data monitored by the business community, the domestic carbon black price was 11550 yuan/ton on October 9. After the National Day, the carbon black market price fluctuated strongly and did not fluctuate much.

On the cost side: the tight supply of raw coal tar market still exists, and the price continues to be high in the early stage. In the short term, the tight price of coal tar is hard to change, and the cost pressure of carbon black remains. Supply and demand: Affected by the high level of raw coal tar, the carbon black market loss situation is expanding, and the carbon black production enterprises are not enthusiastic about starting work, which has decreased compared with last month. At present, due to the high price of high temperature coal tar, the cost side of carbon black enterprises is under obvious pressure. In order to control costs and reduce production burden, some carbon black enterprises start to maintain low load operation, and it is difficult for carbon black enterprises to start work in the short term.

In terms of downstream tire enterprises, some enterprises plan to arrange 7-14 days of maintenance in October. On the whole, the tire enterprises are underoperating, and the actual production demand has decreased. Affected by this, the terminal tire enterprises maintain the rigid demand, and the market transaction is slightly cold.

To sum up, at present, the carbon black market price is running at a high level, and there is a strong wait-and-see mood in the market. It is expected that the carbon black market price is running at a high level. In the later stage, attention should be paid to the enterprise’s commencement and downstream market dynamics.