According to the data of the trade agency’s bulk list, on the 30th, the domestic glycine market was consolidated and the average price of industrial grade glycine fell to 13166 yuan / ton, a decrease of 28.83% over the beginning of the month. It is understood that there are few quotations in the glycine market. The factory is under construction, and the quantity and price of glycine are falling. The mainstream price of downstream glyphosate raw materials is around 62000 tons / yuan, the overall demand is not as expected, the export market is relatively stable, the enterprise inventory is high, and the willingness to purchase glycine is not strong. At present, the glycine price has dropped to a low level, and there is limited room for further decline. It is expected that the glycine market will be consolidated in the near future.

Price dynamics: on August 29, Sinopec North China: Qilu Petrochemical quoted 7500 yuan / ton, Shijiazhuang refining and chemical quoted 7500 yuan / ton, and Tianjin Petrochemical quoted 7500 yuan / ton;

East China: Yangzi Petrochemical offers 7500 yuan / ton;

South China: Hainan refining and chemical company offers 7500 yuan / ton;

Central China: Wuhan ethylene offers 7500 yuan / ton;

Others: the quotation of Jingbo Petrochemical is 7450 yuan / ton, the quotation of HSBC Petrochemical is 7550 yuan / ton, the quotation of Weilian chemical is 7353 yuan / ton, the quotation of Xinhai Petrochemical is 7350 yuan / ton, and the quotation of Hongrun Petrochemical is 7750 yuan / ton.

Analysis and comments: in terms of crude oil, due to the signal of production reduction issued by the organization of petroleum exporting countries led by Saudi Arabia and its allies (OPEC +), the market is worried about tight supply, and the oil price is supported to rise.

Today, Jingbo Petrochemical’s pure benzene was reduced by 100 yuan / ton, and Xinhai Petrochemical’s pure benzene was reduced by 50 yuan / ton.

The delivery of pure benzene at the end of the month was basically completed, and the downstream demand was not improved well. The price of pure benzene refined in Shandong Province fell by a wide margin at the weekend. Today, the domestic price of pure benzene is 7350-7750 yuan / ton.

According to the data monitoring of business agency, the dichloromethane market declined slightly this week (August 19-august 26). As of August 26, the average price of dichloromethane bulk water in Shandong was 3075 yuan / ton, down 3.23% from 3177 yuan / ton last Monday.

This week (8.19-8.26), the domestic methane chloride started to operate at a high level. There is still pressure on the supply side, which restricts the upward range of the dichloromethane market.

This week (8.19-8.26), the spot price of methanol rose sharply, and the cost support strengthened. According to the business agency, as of August 26, the spot price of methanol was 2568 yuan / ton, up 5.33% from 2438 on last Friday.

The high-temperature weather of dichloromethane gradually subsided, and the traditional production off-season of the terminal air conditioning plant came, and the demand side weakened; The operating level of diluent, cleaning and pharmaceutical industries is stable, and the support for dichloromethane is weak.

Future forecast: Analysts of the methane chloride data of the business association believe that the domestic supply of methane chloride is still loose, but the cost shows signs of rising. It is expected that dichloromethane will continue to rebound slightly in the later period, but the upward range will not be too large due to the restriction of demand.

Product Name: cryolite

Latest price (August 25): 7675.00 yuan / ton

Key points of analysis: the price trend of cryolite in Henan is stable, and the average price of cryolite production is the same as that of the previous working day. In the upstream, raw materials are tight, fuel costs such as coal and natural gas are high, the production pressure of enterprises is high, the demand of downstream is stable, the purchase in the market is followed up as required, the supply and demand in the market are relatively balanced, the enterprise’s shipment is acceptable, and the price of cryolite is stable.

Future forecast: the short-term cryolite market will continue to wait and see, and the future market will focus on the market supply.

Recently, the domestic spandex market is temporarily stable. According to the price monitoring of the business agency, the average market price was 33000 yuan / ton as of August 24, which was the same as that on August 18, with a year-on-year decrease of 59.01%. The commencement of the spandex industry dropped to 580%, but the supply of goods was sufficient and the downstream demand was general. Follow up as needed.

In the raw material market, the recent PTMEG market price is relatively weak, and the suppliers still make profit through negotiation. Some manufacturers continue to reduce production, the market supply and demand are weak, and the market price keeping intention is slightly enhanced. The market price of PTMEG (1800 molecular weight) is 20000-23000 yuan / ton, and the negotiation evaluation is 19000-21000 yuan / ton. The price of pure MDI is stable at 18000-18500 yuan / ton, and the barrel of T / T is self collected. The traders usually ship at stable prices, and the downstream demand is still weak.

The downstream textile and clothing consumption is still in the off-season, mainly maintaining the rigid demand, and the terminal weaving load is maintained at a low level due to the influence of high temperature and power limitation. The round machine field starts 30-40%, and the warp knitting field starts 60%. The comprehensive startup rate of Jiangsu and Zhejiang looms is reduced to below 48%. Orders are still insufficient, and the follow-up of raw material procurement is slow.

Business analysts believe that the cost side remains weak and stable, the enthusiasm of end customers is not good, and the spandex market lacks good news support. It is expected that the focus of the spandex market will remain weak in the short term.