According to the price monitoring of business club, the current price of PTA rose slightly today (October 18). The average price in the domestic market was 5543 yuan / ton, up 0.53% yuan / ton compared with the previous day, up 60.63% year-on-year. The main futures 2201 closed 5568, up 76, or 1.38%.

With the gradual restart of some PTA units and sufficient spot supply, the overall operating load of domestic PTA units has increased to more than 72%. Among them, the 3.75 million ton unit of Yisheng Dalian was discharged on October 15, and the load has been increased at the weekend; Baihong’s 2.5 million ton unit began to increase the load on October 15. At present, it is basically normal.

International crude oil remained at a high level, which boosted PTA costs. As of October 15, the settlement price of the main contract of WTI crude oil futures in the United States was US $82.28/barrel, and the settlement price of the main contract of Brent crude oil futures was US $84.86/barrel. In the short term, winter demand will continue to be good, and the oil market may run strong. In addition, unplanned production reduction and shutdown events occurred in PX units in many Asian countries, and the PX market price (CFR China) was US $969-971 / ton, with a daily increase of US $17 / ton.

During the rotating maintenance and opening of the downstream polyester unit, some units recovered slightly after the production reduction of some units, and the domestic comprehensive load rose to about 80%. In addition, driven by the limited power production policy and the start of terminal demand, the destocking is obvious, and the profit situation has been repaired. In terms of price, the mainstream polyester factories in Jiangsu and Zhejiang rose about 100-200 yuan today. In the terminal market, affected by the continuous rise of raw materials, the resistance of downstream enterprises is gradually heating up, mainly taking goods cautiously.

Business analysts believe that from the perspective of supply and demand, the supply increases, the demand follow-up is limited, and there is an accumulation trend in short-term PTA. However, crude oil still has an upward driving force, which supports PTA well. It is expected that PTA market will still maintain a narrow upward trend.

According to the data monitoring of business society, the domestic CIS polybutadiene rubber market rose sharply after the festival (10.8-10.15). According to the monitoring of business society, as of October 15, the price of CIS polybutadiene rubber in China was 14880 yuan / ton, up 12.56% from 13220 yuan / ton before the festival.

During the festival, the international crude oil price rose sharply, and the domestic chemical market rose after the festival. Domestic polybutadiene rubber manufacturers also frequently raised the ex factory price of polybutadiene rubber. According to the monitoring of business society, as of October 15, the ex warehouse price of Daqing Shunding of CNPC Northeast sales company was 14700 yuan / ton, an increase of 1800 yuan / ton compared with that before the festival; The market offer has risen sharply, but the span is large. According to the understanding of business society, the mainstream price in Shunding market such as Daqing, Qilu, Yanshan and Sichuan is around 14700 ~ 15500 yuan / ton.

Since October, the start-up of polybutadiene rubber has changed little, and the supply side is basically stable.

Natural rubber prices rose sharply after the festival, forming a favorable atmosphere for CIS polybutadiene rubber. According to the monitoring of business society, as of October 15, the price of domestic natural rubber was 13716 yuan / ton, up 4.04% from 13184 yuan / ton before the festival.

Future forecast: business analysts believe that the rising price of natural rubber will benefit cis-polybutadiene rubber. At present, the price of cis-polybutadiene rubber is high, but the downstream is in conflict with the high price and the transaction is deadlocked. It is expected that the price of polybutadiene rubber will be difficult to rise again in the later stage.

Trade name: acetic acid

Latest price (October 14): 8710.00 yuan / ton

Key points of analysis: on the 14th, the acetic acid market fell. The average price of acetic acid in East China decreased by 160 yuan / ton, down 1.80%. The downstream operation is low, the demand is general, and the response to high price acetic acid is weak. Traders purchase on demand, and the actual transactions are mainly negotiated. The market transaction is not smooth, the inventory of acetic acid manufacturers accumulates, the market price is high and down, and the on-site operators are partial to stalemate on the market mentality.

Future forecast: at present, the downstream demand is mainly rational. Under the condition of gradual recovery of domestic acetic acid plants, the market inventory is accumulated. In order to maintain shipment, the enterprise is expected to sort out the weak future acetic acid market, and pay more attention to the downstream transaction.

According to the data of business agency, on October 13, the average p value of oil-based ethylene glycol was 7062.5 yuan / ton, an increase of 512.5 yuan / ton compared with the previous statistical cycle.

On October 12, the market price of ethylene glycol in East China rose. The average spot price in East China was 7005 yuan / ton, up 955 yuan / ton or 15.79% from Monday.

According to incomplete statistics, between October 10 and October 14, the total expected arrival of main terminals in East China is about 215300 tons, an increase over the previous statistical cycle. As of October 13, the total inventory of ethylene glycol in the main port of East China was 523000 tons, and the inventory of ethylene glycol continued to be low. In the afternoon, MEG futures finally closed down by the limit, and dealers also said that the spot price was quickly suppressed in a short time. In the external market, the recent shipping offer is 850-855 US dollars / ton, the delivery is 840-845 US dollars / ton, and the early transaction is near 840 US dollars / ton. At present, the profit margin of ethylene glycol is better than that of ethylene oxide, so enterprises with CO production units such as Sanjiang are more inclined to produce ethylene glycol, and the operating rate of ethylene glycol is increased. Polyester futures prices fell, which dampened the enthusiasm of the downstream to pursue the rise to a certain extent. The market inquiry and buying were light, and the production and sales continued to decline.

Forecast: the overall chemical industry shows a downward trend, and ethylene glycol may have fluctuation risk.

On October 12, the rare earth index was 610 points, up 6 points from yesterday, down 39.00% from the highest point of 1000 points in the cycle (December 6, 2011), and up 125.09% from the lowest point of 271 points on September 13, 2015. (Note: the period refers to the period from December 1, 2011 to now).

The trend of domestic rare earth index is rising. The prices of some domestic light rare earth praseodymium neodymium series are rising. The price of praseodymium neodymium oxide is rising by 3000 yuan / ton to 605500 yuan / ton, the price of praseodymium neodymium metal is 747500 yuan / ton, the price of praseodymium oxide is rising by 17500 yuan / ton to 657500 yuan / ton, the price of neodymium oxide is rising by 2500 yuan / ton to 630000 yuan / ton, and the price of metal praseodymium is rising by 12500 yuan / ton to 872500 yuan / ton, The price of neodymium metal increased by 2000 yuan / ton to 777000 yuan / ton, the price of dysprosium oxide increased by 15000 yuan / ton to 276000 yuan / ton, the price of dysprosium ferroalloy increased by 10000 yuan / ton to 2725000 yuan / ton, the price of dysprosium metal increased by 20000 yuan / ton to 3535000 yuan / ton, some prices in the domestic light rare earth market increased, the recent procurement was general, and the price trend of praseodymium neodymium series was mainly stable, Recently, the price of dysprosium and terbium in the domestic heavy rare earth market has increased, and the downstream purchase is mainly on demand. Myanmar prohibits export. It is expected that the price trend of domestic rare earth market will rise slightly in the later stage.